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                    [ArticleID] => 227017
                    [Title] => Pre-need firms seek leeway in complying with acctg standards
                    [Summary] => The Philippine Federation of Pre-Need Plan Companies Inc. (PFPPC) has asked the Securities and Exchange Commission (SEC) for leeway in complying with the new accounting standards to ensure the survival of the industry.


In a letter to the SEC, the PFPPC said:  "While we are not contesting the new accounting standards, we believe that a good transition is necessary since the impact of the changes could result to huge losses and impairment of capital for pre-need companies."


                    [DatePublished] => 2003-11-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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PFPPC

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                    [ArticleID] => 227017
                    [Title] => Pre-need firms seek leeway in complying with acctg standards
                    [Summary] => The Philippine Federation of Pre-Need Plan Companies Inc. (PFPPC) has asked the Securities and Exchange Commission (SEC) for leeway in complying with the new accounting standards to ensure the survival of the industry.


In a letter to the SEC, the PFPPC said:  "While we are not contesting the new accounting standards, we believe that a good transition is necessary since the impact of the changes could result to huge losses and impairment of capital for pre-need companies."


                    [DatePublished] => 2003-11-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Pre-need firms seek leeway in complying with acctg standards

By Zinnia B. Dela Peña | November 7, 2003 - 12:00am

The Philippine Federation of Pre-Need Plan Companies Inc. (PFPPC) has asked the Securities and Exchange Commission (SEC) for leeway in complying with the new accounting standards to ensure the survival of the industry. In...

Business