After deadline, unconsolidated jeepneys have until mid-May before LTFRB crackdown
There are some key provisional standards that companies using consolidated subsidiary financial statements must abide by. The primary one mandates that the parent company or any of its subsidiaries cannot transfer cash, revenue, assets, or liabilities among companies to unfairly improve results or decrease taxes owed. Depending on the accounting guidelines used, standards may differ for […]
After deadline, unconsolidated jeepneys have until mid-May before LTFRB crackdown Read More »