+ Follow GENERALLY ACCEPTED ACCOUNTING PRINCIPLES Tag
Array
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[results] => Array
(
[0] => Array
(
[ArticleID] => 619183
[Title] => Accountants naglalayasan na sa Pinas
[Summary] => Nag-aalisan na umano ang mga accountants sa Pilipinas upang magtrabaho sa ibang bansa kaya nagkakaroon na ng shortage.
[DatePublished] => 2010-10-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1590360
[AuthorName] => Ni Malou Escudero
[SectionName] => Bansa
[SectionUrl] => bansa
[URL] =>
)
[1] => Array
(
[ArticleID] => 497579
[Title] => GMA windfall from US visit may not be what it seems
[Summary] => Who says a bird in hand is better than two in the bush?
[DatePublished] => 2009-08-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1415410
[AuthorName] => Jose Katigbak
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[2] => Array
(
[ArticleID] => 368563
[Title] => P&A ambassadors span international horizons
[Summary] =>
In late 2003, audit manager Chris Ferareza flew out of the country for the first time. In recognition of his outstanding performance, his local audit firm had fielded him on a two-year assignment in Chicago, and it wasn’t long before he found himself poring over the financial statements of a large family-owned manufacturing company based in the Windy City.
[DatePublished] => 2006-11-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
[3] => Array
(
[ArticleID] => 346587
[Title] => SEC penalizes 10 listed companies
[Summary] => The Securities and Exchange Commission has imposed fines on 10 listed corporations for failure to file audited financial statements for the year 2005.
Among these companies include Banco Filipino Savings & Mortgage Bank, Federal Chemicals, Benguet Corp., MRC Allied Industries Inc., Forum Pacific, Wise Holdings, RFM Corp., Swift Corp., Mondragon International, and Sanitary Wares Manufacturing Corp.
Trading in shares of Benguet may be suspended by the SEC should it fail to settle the fine after the hearing scheduled by the SEC.
[DatePublished] => 2006-07-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 328684
[Title] => Meralco losses down to P411M in 2005
[Summary] => Manila Electric Co. (Meralco) reported a net loss of P411 million in 2005, a substantial 80-percent cut from the P2.03-billion loss incurred in 2004, the company said in a disclosure to the Philippine Stock Exchange.
Meralco, the country’s biggest power distributor, said the loss last year was brought down by two major factors: the continued provision for probable losses and the change in accounting standards.
[DatePublished] => 2006-03-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 324055
[Title] => RP to benefit from growing F&A outsourcing market
[Summary] => Finance and accounting (F&A) outsourcing in the world market will likely reach $25 billion in 2009 and the Philippines should benefit from this by establishing a niche on highly voluminous, repetitive F&A processes like transaction processing, according to Christopher Orcullo, president and chief executive officer of BPO International.
F&A outsourcing growth is 15 percent of the total business process outsourcing (BPO) growth amounting to $641.2 billion, based on an IDC estimate on BPO 2009 spending.
[DatePublished] => 2006-03-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 213718
[Title] => Smart sees P5B to P5.8B income in H1
[Summary] => Leading mobile phone service provider Smart Communications Inc. is expected to post a net income of between P5 to P5.8 billion for the first half of 2003, once again contributing strongly to the performance of parent firm Philippine Long Distance Telephone Co. (PLDT).
STAR sources disclosed that Smart’s net earnings for the second quarter of 2003 will reach between P2.2 to P3 billion. Added to the first quarter income of P2.769 billion, the PLDT wireless subsidiary will post a net income of anywhere between P5 to P5.8 billion for the first six months of the year.
[DatePublished] => 2003-07-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 213461
[Title] => PLDT sees H1 income of between P5B and P6B
[Summary] => Telecommunications giant Philippine Long Distance Telephone Co. (PLDT) is expected to report a strong first half performance, with net income of between P5 to P6 billion on the back of a sterling performance by wireless subsidiary Smart Communications Inc., The STAR learned yesterday.
PLDT president and chief executive officer Manuel V. Pangilinan said yesterday in an interview that the company’s consolidated net income for the January to June 2003 period will definitely exceed P5 billion.
[DatePublished] => 2003-07-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 198656
[Title] => Solon seeks cancellation of United Overseas Bank license
[Summary] => Isabela Rep. Rodolfo Albano called yesterday for the cancellation of the license of United Overseas Bank of the Philippines (UOBP) by the Monetary Board for gross violation of the Constitution as well as anti-dummy and banking laws during the 1999 leveraged buyout of the former Westmont Bank by the Singapore-based UOB Limited.
[DatePublished] => 2003-03-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 193068
[Title] => Financial reporting inadequate – Study
[Summary] => Philippine corporations have been inclined to follow only the minimum disclosures required by the Generally Accepted Accounting Principles (GAAP), according to a study conducted by the University of the Philippines’ College of Business Administration.
UP was tapped by the Securities and Exchange Commission (SEC) to review the annual financial statements filed by listed corporations in 2001 to determine their compliance with accounting rules and standards followed in the country.
The review was done by professors from the College of Business Administration in UP.
[DatePublished] => 2003-01-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
GENERALLY ACCEPTED ACCOUNTING PRINCIPLES
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 619183
[Title] => Accountants naglalayasan na sa Pinas
[Summary] => Nag-aalisan na umano ang mga accountants sa Pilipinas upang magtrabaho sa ibang bansa kaya nagkakaroon na ng shortage.
[DatePublished] => 2010-10-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1590360
[AuthorName] => Ni Malou Escudero
[SectionName] => Bansa
[SectionUrl] => bansa
[URL] =>
)
[1] => Array
(
[ArticleID] => 497579
[Title] => GMA windfall from US visit may not be what it seems
[Summary] => Who says a bird in hand is better than two in the bush?
[DatePublished] => 2009-08-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1415410
[AuthorName] => Jose Katigbak
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[2] => Array
(
[ArticleID] => 368563
[Title] => P&A ambassadors span international horizons
[Summary] =>
In late 2003, audit manager Chris Ferareza flew out of the country for the first time. In recognition of his outstanding performance, his local audit firm had fielded him on a two-year assignment in Chicago, and it wasn’t long before he found himself poring over the financial statements of a large family-owned manufacturing company based in the Windy City.
[DatePublished] => 2006-11-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
[3] => Array
(
[ArticleID] => 346587
[Title] => SEC penalizes 10 listed companies
[Summary] => The Securities and Exchange Commission has imposed fines on 10 listed corporations for failure to file audited financial statements for the year 2005.
Among these companies include Banco Filipino Savings & Mortgage Bank, Federal Chemicals, Benguet Corp., MRC Allied Industries Inc., Forum Pacific, Wise Holdings, RFM Corp., Swift Corp., Mondragon International, and Sanitary Wares Manufacturing Corp.
Trading in shares of Benguet may be suspended by the SEC should it fail to settle the fine after the hearing scheduled by the SEC.
[DatePublished] => 2006-07-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 328684
[Title] => Meralco losses down to P411M in 2005
[Summary] => Manila Electric Co. (Meralco) reported a net loss of P411 million in 2005, a substantial 80-percent cut from the P2.03-billion loss incurred in 2004, the company said in a disclosure to the Philippine Stock Exchange.
Meralco, the country’s biggest power distributor, said the loss last year was brought down by two major factors: the continued provision for probable losses and the change in accounting standards.
[DatePublished] => 2006-03-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 324055
[Title] => RP to benefit from growing F&A outsourcing market
[Summary] => Finance and accounting (F&A) outsourcing in the world market will likely reach $25 billion in 2009 and the Philippines should benefit from this by establishing a niche on highly voluminous, repetitive F&A processes like transaction processing, according to Christopher Orcullo, president and chief executive officer of BPO International.
F&A outsourcing growth is 15 percent of the total business process outsourcing (BPO) growth amounting to $641.2 billion, based on an IDC estimate on BPO 2009 spending.
[DatePublished] => 2006-03-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 213718
[Title] => Smart sees P5B to P5.8B income in H1
[Summary] => Leading mobile phone service provider Smart Communications Inc. is expected to post a net income of between P5 to P5.8 billion for the first half of 2003, once again contributing strongly to the performance of parent firm Philippine Long Distance Telephone Co. (PLDT).
STAR sources disclosed that Smart’s net earnings for the second quarter of 2003 will reach between P2.2 to P3 billion. Added to the first quarter income of P2.769 billion, the PLDT wireless subsidiary will post a net income of anywhere between P5 to P5.8 billion for the first six months of the year.
[DatePublished] => 2003-07-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 213461
[Title] => PLDT sees H1 income of between P5B and P6B
[Summary] => Telecommunications giant Philippine Long Distance Telephone Co. (PLDT) is expected to report a strong first half performance, with net income of between P5 to P6 billion on the back of a sterling performance by wireless subsidiary Smart Communications Inc., The STAR learned yesterday.
PLDT president and chief executive officer Manuel V. Pangilinan said yesterday in an interview that the company’s consolidated net income for the January to June 2003 period will definitely exceed P5 billion.
[DatePublished] => 2003-07-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 198656
[Title] => Solon seeks cancellation of United Overseas Bank license
[Summary] => Isabela Rep. Rodolfo Albano called yesterday for the cancellation of the license of United Overseas Bank of the Philippines (UOBP) by the Monetary Board for gross violation of the Constitution as well as anti-dummy and banking laws during the 1999 leveraged buyout of the former Westmont Bank by the Singapore-based UOB Limited.
[DatePublished] => 2003-03-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 193068
[Title] => Financial reporting inadequate – Study
[Summary] => Philippine corporations have been inclined to follow only the minimum disclosures required by the Generally Accepted Accounting Principles (GAAP), according to a study conducted by the University of the Philippines’ College of Business Administration.
UP was tapped by the Securities and Exchange Commission (SEC) to review the annual financial statements filed by listed corporations in 2001 to determine their compliance with accounting rules and standards followed in the country.
The review was done by professors from the College of Business Administration in UP.
[DatePublished] => 2003-01-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
November 13, 2006 - 12:00am
