| Adoption of the Philippine Standards on Auditing
January 15, 2004—The Securities and Exchange Commission approved the adoption in its rules and regulations a Philippine Standards on Auditing. These new standards will become effective for audits of financial statements after December 2003. More (www.sec.gov.ph)
|
|
| • Code of Corporate Governance (SEC Memorandum Circular No. 2 Series of 2002)
In accordance with the State's policy to actively promote corporate governance reforms aimed to raise investor confidence, develop capital market and help achieve high sustained growth for the corporate sector and the economy Read more... |
| Civil society organizations are vital components in building consensus against corruption. There are numerous active groups, albeit not well known, which adamantly campaign for good governance. The project believes that without the help of private citizens, no reforms can be sustained. |
|
