Ubmission Of Afs Followsa Prescribed Coding Schedule Depending On The Last Digit Sec Registration Number News Today : Breaking News, Live Updates & Top Stories | Vimarsana
LEGAZPI CITY - The Securities and Exchange Commission in Bicol (SEC-5) is reminding business owners of the deadline for the filing of annual reports of corporations through the Electronic Filing and Submission Tool (eFAST). Glorei Allelu Lindio, SEC-Bicol spokesperson, in an interview on Friday, said launched by the Commission in March 2021, the eFAST is an online facility for submission of General Information Sheet (GIS) and Annual Financial Statement (AFS), as well as special forms of financial statements for financing and lending companies. "To submit reports, the eFAST requires corporations to enroll their company and their designated authorized filer. For corporations with the fiscal year ending December 31, submission of AFS follows a prescribed coding schedule depending on the last digit of the SEC registration number," Lindio said. For the 1 and 2 last digits, the schedule of submission of the 2021 AFS will be from July 1 to 15; for 3 and 4, July 16 to 31; for 5 and 6