^
+ Follow INTERNATIONAL ACCOUNTING STANDARDS COUNCIL Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 446770
                    [Title] => Mark to Make Believe
                    [Summary] => 

The US SEC in its clarification of FAS 157, stated that “ ‘disorderly transactions’ are not determinative sources in measuring fair value.

[DatePublished] => 2009-03-10 00:00:00 [ColumnID] => 134573 [Focus] => 0 [AuthorID] => 1645115 [AuthorName] => Paul Bernard D. Causon [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 196621 [Title] => Stiffer fines set for false claims in financial reports [Summary] => To ensure that financial statements are free of misrepresentation, the Securities and Exchange Commission has drawn up stiffer sanctions for any officer of a company who will be found to have caused the disclosure of untrue or misleading information in financial reports.

This forms part of the SEC’s proposed amendments to its accounting rules to align the financial reporting system of Philippine corporations with global accounting standards and to ensure that financial statements reflect the true financial health of a corporation.
[DatePublished] => 2003-02-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 159586 [Title] => SEC refutes WB report on RP’s accounting practices [Summary] => The Securities and Exchange Commission (SEC) said yesterday that contrary to a World Bank report, the corporate regulator has in fact been actively pursuing reforms to upgrade the country’s accounting and auditing practices to align them with global standards.
[DatePublished] => 2002-05-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
INTERNATIONAL ACCOUNTING STANDARDS COUNCIL
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 446770
                    [Title] => Mark to Make Believe
                    [Summary] => 

The US SEC in its clarification of FAS 157, stated that “ ‘disorderly transactions’ are not determinative sources in measuring fair value.

[DatePublished] => 2009-03-10 00:00:00 [ColumnID] => 134573 [Focus] => 0 [AuthorID] => 1645115 [AuthorName] => Paul Bernard D. Causon [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 196621 [Title] => Stiffer fines set for false claims in financial reports [Summary] => To ensure that financial statements are free of misrepresentation, the Securities and Exchange Commission has drawn up stiffer sanctions for any officer of a company who will be found to have caused the disclosure of untrue or misleading information in financial reports.

This forms part of the SEC’s proposed amendments to its accounting rules to align the financial reporting system of Philippine corporations with global accounting standards and to ensure that financial statements reflect the true financial health of a corporation.
[DatePublished] => 2003-02-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 159586 [Title] => SEC refutes WB report on RP’s accounting practices [Summary] => The Securities and Exchange Commission (SEC) said yesterday that contrary to a World Bank report, the corporate regulator has in fact been actively pursuing reforms to upgrade the country’s accounting and auditing practices to align them with global standards.
[DatePublished] => 2002-05-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
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