Accounting professionals briefed on PFRS changes

About 75 participants recently attended the 2-day seminar titled PFRS – Changes in 2010 and Beyond organized by SGV and The Knowledge Institute. Speakers were Q&RM Leader and Professional Practice Director Miles San Pedro, Assurance Partners Cyril Valencia and Mike Sabado, and FSRM Partners Yen Abarca and Francis Lumbres. They discussed new and amended standards, interpretations and improvements to existing standards effective in 2010 and beyond. The speakers also addressed frequently asked questions on financial reporting standards.

The Accounting Standards Group led by Head Wilson Tan spearheaded the public seminar.