News and Updates
Author Archives: auditingassurance
AASC Alert No. 002 Series of 2020
Description On January 08, 2020, the Monetary Board of the Bangko Sentral ng Pilipinas (BSP) approved amendments to relevant provisions of the: (a) Manual of Regulations for Banks (MORB) and Manual of Regulation on Foreign Exchange Transactions...
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PAPN No. 001 of S2020
Audit Considerations on the Occurrence of an Extraordinary Event Description Philippine Auditing Practice Notes (PAPN or Notes) are issued by the Auditing and Assurance Standards Council (AASC) to provide assistance in implementing the...
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AASC Alert No. 001 Series of 2020
Reporting on the Components of Financial Soundness Indicators Description On August 19, 2019, the Securities and Exchange Commission (the Commission) issued the Revised Securities Regulation Code (SRC) Rule 68. Section 5 (C) of the Revised SRC...
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AASC Alert No. 002 Series of 2017
AASC Alert Series 002 of 2017, Questions and Answers on Compilation Reports Required by Resolution 03-2016 of the Professional Regulatory Board of Accountancy (BOA) Description Questions and Answers on Compilation Reports Required by Resolution...
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AASC Alert No. 001 Series of 2017
AASC Alert Series 001 of 2017, Questions and Answers (Q&A) on the New Auditor’s Report Description Questions and Answers (Q&A) on the New Auditor’s Report Date January 2017 Download...
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PSAE 3400
Description PHILIPPINE STANDARD ON ASSURANCE ENGAGEMENTS 3400 - (Previously PSA 810) The Examination of Prospective Financial Information Date June 2012 Download...
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