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                    [Title] => Gov’t sets stricter accounting rules
                    [Summary] => Warning that failures in accounting have led to the downfall of even giants like Enron Corp., the Securities and Exchange Commission (SEC) said it is drawing up stricter rules aimed at preventing similar incidents in the Philippines.


SEC Chairman Lilia R. Bautista said full disclosure and transparency will be possible only if the corporate sector uses high quality and globally-adopted financial reporting structures based on international accounting standards.


                    [DatePublished] => 2002-02-19 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
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SPECIAL ACCOUNTING RULES

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                    [Title] => Gov’t sets stricter accounting rules
                    [Summary] => Warning that failures in accounting have led to the downfall of even giants like Enron Corp., the Securities and Exchange Commission (SEC) said it is drawing up stricter rules aimed at preventing similar incidents in the Philippines.


SEC Chairman Lilia R. Bautista said full disclosure and transparency will be possible only if the corporate sector uses high quality and globally-adopted financial reporting structures based on international accounting standards.


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abtest

Gov’t sets stricter accounting rules

By Des Ferriols | February 19, 2002 - 12:00am

Warning that failures in accounting have led to the downfall of even giants like Enron Corp., the Securities and Exchange Commission (SEC) said it is drawing up stricter rules aimed at preventing similar incidents...

Business