ANNOUNCMENT: June 2021 edition of the Financial Reporting Guidance (FRG)

ANNOUNCEMENT

The Financial Reporting Standards Council (FRSC) and Philippine Interpretations Committee (PIC) have recently approved the issuance of the June 2021 edition of the Financial Reporting Guidance (FRG). The FRG publication contains guidance on recurring financial reporting issues which is, in large part, based on the final decisions and rejection notices of the IFRS Interpretations Committee (IFRIC). Please refer to the separate attachment for a copy of the publication.

Josephine Adrienne A. Abarca 

Chairman – FRSC      

Wilson P. Tan

Chairman – FRSC 

Copy of publication:

https://bit.ly/Guidance-on-Financial-Reporting_June-2021​