An exploratory study on the applicability of AICPA statement of position 00-2 on revenue and expense recognition practices of film makers in the Philippines

To gain knowledge on the financial performance of companies, it is important for stakeholders that any business entity has some way of accounting for the results of their operations. In the same way, the comparabiltiy of financial information and reports is essential in making informed decisions. In...

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Bibliographic Details
Main Authors: Belen, Pamela Z., Buenaventura, Maryam N., Pineda, Kristine A., Silva, Rachel E.
Format: text
Language:English
Published: Animo Repository 2007
Subjects:
Online Access:https://animorepository.dlsu.edu.ph/etd_bachelors/14151
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Institution: De La Salle University
Language: English
Description
Summary:To gain knowledge on the financial performance of companies, it is important for stakeholders that any business entity has some way of accounting for the results of their operations. In the same way, the comparabiltiy of financial information and reports is essential in making informed decisions. In the Philippines, certain grey areas exist as to what governs the accounting practices of certain industries, one example of which is the Film Production industry.