PwC provides quick-reference guides in the implementation of latest developments in PFRS.
The Board of Accountancy (BoA) has signed Resolution No. 03 of 2016 dated 19 January 2016 requiring the submission of a Certificate by the responsible Certified Public Accountant on the Compilation Services for the preparation of the financial statements and notes to the financial statements.
PAS 19 “Employee Benefits” (PAS 19R) has introduced several changes to employee benefits accounting. Here are some key points for consideration upon transition and for disclosure in year-end accounts.