1. Reduction in the number of subjects from 7 to 6.
   
   
2. Merging auditing theory and practice into 1 subject
   
   
3. Merging accounting theory and practice and distributing the pertinent topics in Theory of Accounts, Practical Accounting I, Practical Accounting II to Financial Accounting and Reporting, and Advanced Financial Accounting and Reporting
   
   
4. Segregating Business Law and Taxation into Taxation and Regulatory Framework for Business Transactions.
   
   
5. Renaming Management Services to Management Accounting Services

👍thanks

do you have a copy for the additional topic on RFBT? 

thank you. :)

1. Insolvency law(def, suspension of payments, voluntary & involuntary insolvency)

2. Corporate rehabilitation (def of terms, stay order, receiver, rehab plan, contents of petition and other types of rehabilitations)

3. Bouncing checks (checks w/o insufficient funds, evidence of knowledge of insufficient funds, duty of drawee, credit construed)

4. Cooperatives (organization & registration of cooperatives, administration, responsibilities, rights and privileges of cooperatives, capital, property of funds, audit, inquiry and members' right to examine, allocation and distribution of funds, types and categories of cooperatives, merger and consolidation of cooperatives, dissolution of cooperatives)

5. PDIC Law (insurable deposits, maximum liability, requirements for claims)

6. Secrecy of bank deposits and unclaimed balances law

7. General banking law(def of banks, loans-SBL, DOSRI)

8.AMLA Law (covered transactions, suspicious transactions, reportorial requirement)

9. The new central bank act (legal tender power over coins and note, conservatorship, receivership and closures)

10. Intellectual property law (except provisions under part 1 intellectual property office) law on patents, law on trademark, service marks and trade names, law on copyright

How about in Taxation what are the additional topic?

Thank you 😊

Taxation Additional Topics:

1) Tax under the local gov't code
2) Preferential Tax

Taxation Additional Topics:

1) Tax under the local gov't code

2) Preferential Tax
     - seniors' citizen law
     - magna carta for disabled persons
     - special economic one act
     - omnibus investments code (Book 1 or Exec. order 226)
     - barangay micro business enterprises (BMBEs) Acts
     - double tax agreements (DTA)
3) tariff & customs code
4) effective communication to stakeholders