INTERNATIONAL ACCOUNTING STANDARDS BOARD

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                    [ArticleID] => 773091
                    [Title] => Security Bank nets P6.7 billion in 2011
                    [Summary] => 
Security Bank Corp. registered a net income of P6.7 billion in 2011, 6.9 percent lower than the P7.2 billion realized in 2010.
                    [DatePublished] => 2012-02-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 634275
                    [Title] => Planned reform of financial instruments reporting (Second of four parts)
                    [Summary] => 
Later we will discuss in more detail the new accounting requirements for financial instruments in accordance with IFRS 9 Financial Instruments: Classification and measurement.
                    [DatePublished] => 2010-11-30 00:00:00
                    [ColumnID] => 134573
                    [Focus] => 0
                    [AuthorID] => 1135819
                    [AuthorName] => Armin M. Rau and Reinhard Klemmer
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [2] => Array
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                    [ArticleID] => 617617
                    [Title] => Insurers crafting regulatory framework
                    [Summary] => 
The world’s insurance industry will soon be guided by an international risk and auditing supervisory framework much like what the banking industry is presently experiencing, with its Basel I, II and III frameworks.
                    [DatePublished] => 2010-10-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
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                    [ArticleID] => 605171
                    [Title] => Global body introduces new accounting standards for insurers
                    [Summary] => 
The International Accounting Standards Board (IASB) has published the exposure draft on Phase 2 of International Financial Reporting Standard (IFRS) 4 Insurance Contracts.
                    [DatePublished] => 2010-08-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
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            [4] => Array
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                    [ArticleID] => 502877
                    [Title] => Basel committee eyes new banking, accounting rules
                    [Summary] => 
The Basel Committee on Banking Supervision has released last month a set of high level guiding principles to assist the International Accounting Standards Board (IASB) in addressing issues related to provisioning, fair value measurement and related disclosures.
                    [DatePublished] => 2009-09-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
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                    [ArticleID] => 304706
                    [Title] => ASC defers implementation of complex accounting rules for SMEs
                    [Summary] => The Accounting Standards Council (ASC) has deferred the implementation of complex accounting rules for small and medium enterprises for next year or 2007.


Securities and Exchange Commission (SEC) General Accountant Roberto Manabat said the more complex accounting standards which are supposed to be effective for December 2005 yearend reporting like those for financial instruments and pensions will be deferred for SMEs.


                    [DatePublished] => 2005-11-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

Security Bank nets P6.7 billion in 2011

By Ted P. Torres | February 2, 2012 - 12:00am

Security Bank Corp. registered a net income of P6.7 billion in 2011, 6.9 percent lower than the P7.2 billion realized in 2010.

Business

Planned reform of financial instruments reporting (Second of four parts)

By Armin M. Rau and Reinhard Klemmer | November 30, 2010 - 12:00am

Later we will discuss in more detail the new accounting requirements for financial instruments in accordance with IFRS 9 Financial Instruments: Classification and measurement.

Business

Insurers crafting regulatory framework

By Ted P. Torres | October 5, 2010 - 12:00am

The world’s insurance industry will soon be guided by an international risk and auditing supervisory framework much like what the banking industry is presently experiencing, with its Basel I, II and III f...

Banking

Global body introduces new accounting standards for insurers

August 24, 2010 - 12:00am

The International Accounting Standards Board (IASB) has published the exposure draft on Phase 2 of International Financial Reporting Standard (IFRS) 4 Insurance Contracts.

Banking

Basel committee eyes new banking, accounting rules

September 8, 2009 - 12:00am

The Basel Committee on Banking Supervision has released last month a set of high level guiding principles to assist the International Accounting Standards Board (IASB) in addressing issues related to provisioning,...

Banking

ASC defers implementation of complex accounting rules for SMEs

By Zinnia B. Dela Peña | November 1, 2005 - 12:00am

The Accounting Standards Council (ASC) has deferred the implementation of complex accounting rules for small and medium enterprises for next year or 2007. Securities and Exchange Commission (SEC) General Accountant...

Business