Banks are where we entrust our money or cash for security or for earning interest income. A bank is also where we go when we want to obtain loans for our various financing needs, such as for our business startup or expansion. Thus, it is very important that we choose the best … [Read more...]
What is the Importance of Accounting in Business
What is the importance of accounting in business? Imagine a world without language and communication, isn’t it in chaos? What would happen if there is no balance sheet or statements of financial position to show us the financial condition of our business? What can we do if there … [Read more...]
Sample Audited Financial Statements (Philippines)
Are you looking for a sample of audited financial statements of companies in the Philippines? Perhaps, you’re just searching for samples of balance sheet (statement of financial position), statement of income, cash flow, statement of changes in equity, or the complex notes to the … [Read more...]
Where to Get Financial Statements of Companies in Philippines
Annual reports, particularly the financial statements and the notes accompanying them, are the mirrors that provide information about the financial position, performance, cash flow activities and changes in the financial position of a certain company or enterprise. Financial … [Read more...]
2011 SEC Schedule of Filing Annual Financial Statements
This is a reminder for all corporations whose fiscal year ends on December 31, and are required to file their annual audited financial statements (AFS) with the Philippines Securities and Exchange Commission (SEC) head office. The commission, on its SEC Memorandum Circular No. 6 … [Read more...]