Robust attendance for IFRS events
More than 200 finance officers from various client companies and heads of regulatory agencies attended the 5th IFRS quarterly executive briefing titled The evolving financial reporting landscape: Changes and updates on 8 November at the Makati Shangri-La Hotel. Accounting Standards Group (ASG) Head Wilson Tan, Assurance partner John Villa and Tax partner Noel Rabaja’s presentations covered subjects such as revenue from contracts with customers and lease exposure drafts.
Later in the week, more than 80 attendees participated in a whole-day IFRS for SMEs seminar held on 12 November at the Peninsula Manila. Q&RM Head Miles San Pedro, ASG Head Wilson Tan and Assurance senior director Dhona Señeres were the resource speakers. They discussed the concepts and principles on the preparation of financial statements of SMEs and practical transition issues and application, along with the implementing guidelines issued by the Philippine Securities and Exchange Commission.