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February 21, 2023 1:50 republic of the Philippines House of Representatives Quezon City, Metro Manila Nineteenth Congress First Regular Session HOUSE BILL NO. 7258 ___Introduced by Representative
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This proposed measure seeks to enhance transparency and accountability in financial reporting.
All companies with annual revenue exceeding $1 million are required to file this proposed measure.
Companies must complete the online form provided by the regulatory authority and submit it along with the necessary financial documentation.
The purpose of this proposed measure is to ensure that companies accurately report their financial information and comply with regulations.
Companies must report their annual revenue, expenses, profits, losses, and any significant financial transactions.
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