SEC wants MSMEs exempted from audited financial statement requirement
βοΈ Jon Viktor D. Cabuenas, Gma Integrated News, Compare Storyparsed.Author_Details.Parsed_Byline, Or, Storyparsed.Storyobj.Brand.Brand_Name, If Storyparsed.Issaf, Storyparsed.Author_Details.Parsed_Byline, If Storyparsed.Author_Details.Author_Twitter, If, If Storyparsed.Author_Details.Author_Facebookπ November 03, 2025 10:17 AMπ Scraped: November 03, 2025
Summary: The Securities and Exchange Commission (SEC) is looking to have micro, small, and medium enterprises (MSMEs) with total assets or liabilities less than P3 million be exempted from filing audited financial statements, in a bid to ease their regulatory and financial burdens.
The Securities and Exchange Commission (SEC) is looking to have micro, small, and medium enterprises (MSMEs) with total assets or liabilities less than P3 million be exempted from filing audited financial statements, in a bid to ease their regulatory and financial burdens.
In a statement released Monday, the SEC said it recommended to the Department of F
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