OBLICON Flashcards
1
Q
Represents the Generally Accepted Accounting Standards
-mandatory
A
Philippine Financial Reporting Standards
2
Q
official accounting standard setting body in the Philippines
A
Financial Reporting Standard Council
3
Q
FRSC was created under what law?
A
RA No. 9298
4
Q
RA No. 9298
A
Philippine Accountancy Act of 2004
5
Q
Philippine Accountancy Act of 2004
A
RA no. 9298
6
Q
FRSC is composed of?
A
15 individuals
7
Q
A
