What is the difference between PAS 19 and ASC 715 (US GAAP)?
Here are some highlights on the comparison between the Amended PAS 19R and the ASC 715 (US GAAP) reporting of employee benefits: […]
Author: Raymund Zalamea
More About The Philippine Retirement Pay Law (RA 7641)
The Philippines has Republic Act No. 7641 (RA 7641), also known as the Retirement Pay Law.
International Accounting Standards (IAS) 19 Explained
Learn about International Accounting Standards (IAS) 19 as taken from Deloitte.
Tax exemptions on retirement plans: Revalidated and clarified
Learn about Republic Act (RA) 4197 as published by The Philippine Star.
Philippine Financial Reporting Standards (PFRS) for SMEs
The Securities and Exchange Commission (SEC) has adopted a specific set of financial reporting rules for SMEs.