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The Intellectual Property Code governs the protection of intellectual property in the Philippines. Initially, the legal protection of intellectual property was contained in a few provisions in the Civil Code. A growing concern for intellectual property protection led to the passage of more comprehensive special laws until the final codification ...
IFRS 16 was developed in collaboration with the Financial Accounting Standards Board (FASB) in the United States, but while the new FASB leasing standard shares many common features with IFRS 16, such as reporting all large leases on the balance sheet, there will be some significant differences between the two standards. [7]
In the commercial property world, 'dilapidations' refers to breaches of lease covenants relating to the condition of a property, and the process of remedying those breaches. [2] Tenants enter commercial leases agreeing to keep premises in repair; if they do not, the law of dilapidations applies.
The Philippine Senate Committee on Constitutional Amendments and Revision of Codes is a standing committee of the Senate of the Philippines. It was known as the Committee on Constitutional Amendments, Revision of Codes and Laws until September 2, 2013.
Some of the general challenges that financial institutions face with regards to the ALLL estimation include the manual, time-intensive nature of the reserve estimation process each month or quarter; producing adequate documentation and disclosures; incorporating new accounting standards and regulations released by FASB and federal regulatory bodies, and increased scrutiny on the assumptions ...
It's already broken and bombing. That doesn't mean the College Football Playoff can't be fixed with the right plan. It's actually pretty simple.
It’s been three weeks since the general election polls closed on Nov. 5, and there are still three races for the U.S. House of Representatives that remain too close to call: two in California ...
An Asset Retirement Obligation (ARO) is a legal obligation associated with the retirement of a tangible long-lived asset in which the timing or method of settlement may be conditional on a future event, the occurrence of which may not be within the control of the entity burdened by the obligation.