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SEC SME Rules Take Effect

Is your 2010 financial statement already aligned with the new accounting rules for SMEs? If not, then you should start working on it because the Securities and Exchange Commission (SEC) will be strictly checking financial reports of SMEs (corporations with assets of P3M to P350M and liabilities of P3M to P250M) for the first time in April 2011.

Good news! To help corporations who have not yet adopted the new standards, the Center for Global Best Practices will be conducting the last run of the CPE-accredited seminar entitled "New Accounting  Rules for Small and Medium Entities (SMEs)". This will save you from SEC penalties and costly reworks for your financial report. You can catch the seminar on March 4, 2011, 9 am to 5 pm at the Peninsula Manila.

This seminar will feature Atty. Ma. Gracia Casals-Diaz, CPA who is a general accountant of the Securities and Exchange Commission.  Her office is in-charge of reviewing all financial reports of SME corporations to ensure compliance to the new accounting rules required by the SEC. Atty. Diaz was also awarded by the Philippine Institute of Certified Public Accountants (PICPA) as the “Young Achiever in Government Service”. She will comprehensively discuss the official interpretation and best practices implementation of the new accounting rules.

This program is best-suited for decision-makers, board directors, CFOs & controllers, accountants, business consultants, teachers of accounting, and accounting students.

This is a limited-seats-only event. Register now before we run out of seats! You will get early bird and group discounts if you register early. Call Katrina Viray at our Manila lines at (02) 556-8968/69 or at our Cebu lines at (032) 512-3106/07. You can also send an email at katrina@cgbp.org. Visit our website at http://www.cgbp.org for more details.
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