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Questions and Answers
What is the mandatory percentage of net surplus that cooperatives must allocate to the Community Development Fund (CDF)?
What is the consequence for willful violations of the CDF utilization guidelines?
What is the timeline for utilizing unexpended CDF balances when the remaining balance is above 10,000,000?
What is the requirement for reporting CDF utilization and social development activities?
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What is the condition for the circular to take effect?
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What is the purpose of the CDF?
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What is the minimum number of hours of training required for Cooperative External Auditors for both initial accreditation and renewal?
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What is the purpose of the Certificate of Attendance to training in the CDA accreditation process?
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What is the minimum payment required for the issuance of a Certificate of Compliance (COC)?
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What document is required from the signing partners of a Partnership/Auditing Firm in addition to their Profile?
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Through which of the following means can a cooperative submit its Annual Tax Incentive Reports?
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What is the effect of the extended reporting period on the preparation of financial statements?
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What is the primary purpose of the CDA accreditation process?
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Where can the original copy of the Certificate of Compliance (COC) be claimed?
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What is the requirement for CPAs seeking certification renewal?
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What is the role of the PRC BOA in the CDA accreditation process?
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What is the format required for the soft copy of the Annual Tax Incentive Reports?
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How can payment for the Certificate of Compliance (COC) fee be made?
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