UNIVERSITY OF CEBU

COLLEGE OF BUSINESS AND ACCOUNTANCY

ACCOUNTING 324
SEATWORK NO. 1

NAME: Ruiz, Cherryjane U._ DATE: February 4, 2023______

INSTRUCTION: In preparation for your case study, research the different standards, laws, rules, and
regulations that are specifically applicable to the following specialized industries:

1. Banking and Other Financial Institutions

2. BPO
3. Mining Industries

Use the following format:

STANDARDS/LAWS/RULES AND REGULATION SECTORS

PAS 27. Separate Financial Statements For Banking and Other Financial Institutions
PFRS 9. Financial Instruments For Banking and Other Financial Institutions
R.A. 3765. An Act to Require the Disclosure of For Banking and Other Financial Institutions
Finance Charges in Connection with Extensions of
Credit
R.A. 6426. An Act Instituting A Foreign Currency For Banking and Other Financial Institutions
Deposit System In The Philippines, and For Other
Purposes
R.A. 3591, as amended. An act establishing the For Banking and Other Financial Institutions
Philippine Deposit Insurance Corporation (PDIC
Charter)
Republic Act No. 1405. AN ACT PROHIBITING For Banking and Other Financial Institutions
DISCLOSURE OF OR INQUIRY INTO, DEPOSITS
WITH ANY BANKING INSTITUTION AND
PROVIDING PENALTY THEREFOR.
P.D. 114. Regulating the establishment and
operation of pawnshops
P.D. 129. Governing the establishment, operation
and regulation of Investment Houses
Batas Pambansa 66. An Act Amending PD 129
Presidential Decree No. 129, As Amended,
Otherwise Known as "The Investment Houses
Law"