14th IFRS and Tax Quarterly Executive Briefing held

The 14th International Financial Reporting Standards (IFRS) and Tax Quarterly Executive Briefing was held last 18 and 19 June at the WSDC. Approximately 130 clients and regulators attended the two batches of the briefing.

Accounting Standards Group (ASG) Head Wilson Tan welcomed the participants and delivered the closing remarks. ASG Deputy Head Yen Abarca presented the latest IASB work plan, issuances and amendments while Assurance partner John Villa talked about the most recent exposure drafts for leases, IFRS reminders and SEC updates. Tax Services Deputy Head Willie Villanueva and Tax principal Jules Riego discussed updates on tax laws and regulations.

The briefing was organized by the ASG Core Team led by Emie Villanueva, JR Fullecido, Cliff Narag and Bunny Garcia with the support of Gem Domingo from Learning and Development.