Arpon Accounting Services

18/02/2026

📣 2026 SEC Filing Advisory

The Securities and Exchange Commission has released the official 2026 filing schedule for Annual Financial Statements (AFS) and General Information Sheets (GIS) under Memorandum Circular No. 9, Series of 2026.

All corporations are required to:
✔️ File AFS and GIS via eFAST
✔️ Submit other required reports through the iMessage Online Ticketing System

⏳ Don’t wait until the deadline. Late or incorrect filings may result in penalties and compliance issues.

💼 Need assistance with SEC compliance?
Arpon Accounting Services is ready to help you with:
✔️ AFS & GIS preparation
✔️ SEC filing via eFAST
✔️ Compliance review and deadlines monitoring

📩 Message us today so we can help you stay compliant and stress-free.

🔗 Official SEC Circular:
https://www.sec.gov.ph/mc-2026/sec-mc-no-09-series-of-2026/�

📣 𝗦𝗘𝗖 𝘀𝗲𝘁𝘀 𝗱𝗲𝗮𝗱𝗹𝗶𝗻𝗲 𝗳𝗼𝗿 𝗔𝗙𝗦, 𝗚𝗜𝗦 𝗳𝗶𝗹𝗶𝗻𝗴 𝗳𝗼𝗿 𝟮𝟬𝟮𝟲

The Securities and Exchange Commission (SEC) has issued the schedule for the submission of corporations’ annual financial statements (AFS) and general information sheets (GIS) for 2026.

The SEC on February 11 issued Memorandum Circular No. 9, Series of 2026, which provides for the schedule of the 2026 Filing of Annual Financial Statements and General Information Sheets.

The AFS and GIS shall be filed through the Electronic Filing and Submission Tool, or eFAST. Other reports not yet accepted through eFAST shall be submitted through the iMessage Online Ticketing System at imessage.sec.gov.ph.

🔗 Read the full Memorandum Circular here: https://www.sec.gov.ph/mc-2026/sec-mc-no-09-series-of-2026/

07/02/2026

𝐏𝐑𝐄𝐒𝐒 𝐑𝐄𝐋𝐄𝐀𝐒𝐄
04 February 2026

𝑷𝑪𝑪𝑰 𝒘𝒆𝒍𝒄𝒐𝒎𝒆𝒔 𝑩𝑰𝑹’𝒔 𝒏𝒆𝒘 𝒂𝒖𝒅𝒊𝒕 𝒇𝒓𝒂𝒎𝒆𝒘𝒐𝒓𝒌, 𝒄𝒐𝒎𝒎𝒆𝒏𝒅𝒔 𝒕𝒓𝒂𝒏𝒔𝒑𝒂𝒓𝒆𝒏𝒄𝒚 𝒂𝒏𝒅 𝒆𝒂𝒔𝒆 𝒐𝒇 𝒅𝒐𝒊𝒏𝒈 𝒃𝒖𝒔𝒊𝒏𝒆𝒔𝒔 𝒓𝒆𝒇𝒐𝒓𝒎𝒔

The Philippine Chamber of Commerce and Industry (PCCI) today expressed strong support for the Bureau of Internal Revenue’s (BIR) issuance of Revenue Memorandum Circular (RMC) No. 8-2026 and Revenue Memorandum Order (RMO) No. 1-2026. These landmark issuances lift the suspension on enforcement activities and introduce a modernized audit framework designed to strengthen transparency, predictability, and fairness in tax administration.

RMC 8-2026 signals the resumption of audit and field operations, including Electronic Letters of Authority (eLAs), Mission Orders, and Tax Verification Notices. PCCI, however, emphasized that the real breakthrough lies in the safeguards and procedural reforms introduced under RMO 1-2026.

“The adoption of the Single Instance Audit Framework—‘One LOA per taxpayer per year’—is a game-changer,” said PCCI President Perry Ferrer. “This policy consolidates all internal revenue tax types, including VAT, into a single authority. It rationalizes the audit process, minimizes disruption to business operations, and ensures efficiency through the automatic consolidation of multiple eLAs into one LOA.”

Among the key reforms welcomed by PCCI are:
- Objective Selection Criteria: Transitioning to a risk-based, data-driven audit selection process, reducing subjective discretion.
- Rationalization of Enforcement Authority: Abolishing Task Forces and shutting down VAT Audit Sections (VATAS) and Large Taxpayers VAT Audit Units (LT-VAU), returning assessment functions to regular BIR offices.
- Protection of Due Process: Ensuring audit notices are anchored strictly on unresolved issues with clear factual and legal bases, prohibiting unreasonable assessments, and mandating documentation of audit events through signed minutes.

“These reforms strengthen the principles of fairness and accountability,” noted PCCI Director for Taxation, Mr. Alfredo Yao. “By requiring transparency in taxpayer interactions and eliminating redundant audit units, the BIR is sending a strong signal that it values both efficiency and integrity.”

PCCI underscored that the reforms will foster a climate of mutual trust between government and the private sector.

“A predictable and transparent tax environment encourages voluntary compliance and builds confidence among businesses,” added PCCI Tax Committee Chairperson Benedicta Du-Baladad. “We believe these measures will contribute to a more stable and competitive business climate in the Philippines.”

The Chamber looks forward to the consistent implementation of these policies and reaffirmed its commitment to working closely with the BIR to ensure that reforms translate into tangible improvements in the ease of doing business.

16/12/2024

Congratulations to Maricris, our dedicated accounting staff, on successfully passing the Licensure Examination for Professional Teachers. Your hard work, perseverance, and dedication have truly paid off. The entire team is proud of you! 🎉