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About FAR.2901 - The Environment of FAR.
The document discusses the roles and composition of various Philippine accounting standard-setting bodies: 1) The Financial Reporting Standards Council (FRSC) promulgates accounting standards and is composed of representatives from accounting-related organizations. 2) The Auditing and Assurance Standards Council (AASC) promulgates auditing standards and has a similar composition to the FRSC. 3) The Philippine Interpretations Committee (PIC) issues guidance on implementing standards and is also composed of accounting professionals and organization representatives.
Detailed Information
| Author: | ['John Nathan Kingly'] |
|---|---|
| Publication Year: | 2022 |
| Pages: | 4 |
| Language: | English |
| Format: | |
| Price: | FREE |
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