Our Manila Consultants will prepare financial statements per Philippine Financial Reporting Standards and Philippine Financial Reporting Standards for Small and Medium Enterprises (PFRS for SMEs).  The Financial Statement preparation fee will start at Php30,000 (exclusive of 12% VAT) per financial statement. The service rate is exclusive of out-of-pocket costs to cover the cost of supplies and transportation.  The annual financial statement preparation package includes the complete financial statements with notes to the financial statements in compliance with the PFRS for SMEs. CPAs prepare all annual financial statements.