D. A. Gubatan Accounting Office

04/05/2026

𝗥𝗲𝘃𝗲𝗻𝘂𝗲 𝗠𝗲𝗺𝗼𝗿𝗮𝗻𝗱𝘂𝗺 𝗖𝗶𝗿𝗰𝘂𝗹𝗮𝗿 (𝗥𝗠𝗖) 𝗡𝗼. 𝟯𝟳-𝟮𝟬𝟮𝟲, issued on April 27, 2026,

Amends provisions of RMC No. 20-2026 to include the electronic filing of BIR Form No. 1701-MS (Annual Income Tax Return for Micro and Small Taxpayers).
The amendment highlights the integration of this form into the Offline eBIRForms Package 7.9.6, allowing taxpayers to file electronically and pay through authorized ePayment Gateways.

Additionally, it clarifies guidelines for BIR Form Nos. 1701 and 1701A, providing options for both manual and electronic filing through the eBIRForms and eFPS platforms to ensure wider accessibility for taxpayers.

17/04/2026

09/04/2026

01/03/2026

27/01/2026

📣 𝗦𝗘𝗖 𝗲𝘅𝗽𝗮𝗻𝗱𝘀 𝘂𝘀𝗲 𝗼𝗳 𝘀𝘂𝗯𝘀𝗰𝗿𝗶𝗽𝘁𝗶𝗼𝗻 𝗰𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘀 𝘁𝗼 𝘀𝘁𝗿𝗲𝗮𝗺𝗹𝗶𝗻𝗲 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝘀

The Securities and Exchange Commission (SEC) is making it easier for corporations to expand their operations by streamlining the application process for increases in their authorized capital stock.

The Commission on January 22 issued Memorandum Circular (MC) No. 6, Series of 2026, effectively expanding the coverage of subscription contracts.

The new rule removes the threshold requirement of more than P50 million paid-up capital for which the submission of a Special Audit Report (SAR) is required.

In lieu of SARs, companies can now submit subscription contracts as part of the basic requirements in their applications to increase their authorized capital stock, where the subscription to the increase is paid in cash.

🔗 Read the full Memorandum Circular here: https://www.sec.gov.ph/mc-2026/sec-mc-no-06-series-of-2026/

26/01/2026

SEC Notice: WEBINAR ON THE ACCOMPLISHMENT OF THE 2025 IMPACT EVALUATION REPORT (IER) SURVEY FORM

24/01/2026

21/01/2026

📣 𝗦𝗘𝗖 𝗲𝘅𝗲𝗺𝗽𝘁𝘀 𝗺𝗶𝗰𝗿𝗼 𝗲𝗻𝘁𝗲𝗿𝗽𝗿𝗶𝘀𝗲𝘀 𝗳𝗿𝗼𝗺 𝘀𝘂𝗯𝗺𝗶𝘁𝘁𝗶𝗻𝗴 𝗮𝘂𝗱𝗶𝘁𝗲𝗱 𝗙𝗦

Micro enterprises are now exempted from submitting audited financial statements as part of their reportorial requirements, as the Securities and Exchange Commission (SEC) moves to streamline compliance and reduce regulatory burdens for small companies.

The Commission on January 20 issued Memorandum Circular No. 4, Series of 2026, providing the Amendments to the Application and Definition of Terms under Revised Rule 68 of Republic Act No. 8799, or the Securities and Regulation Code (SRC), in Relation to the Adjustment of the Audit Threshold.

The memorandum circular exempts both stock and nonstock corporations with total assets or liabilities not exceeding P3 million from submitting audited financial statements.

Previously, only stock and nonstock corporations with total assets or liabilities less than P600,000 were exempted from mandatory audit.

🔗 Read the full Memorandum Circular here: https://www.sec.gov.ph/mc-2026/sec-mc-no-04-series-of-2026