Sadsad Tamesis Legal and Accountancy Firm

January 2026

IFRS 18: Updates on the International Financial Reporting Standards. PHOTO: Michael Cohn/ACCOUNTINGTODAY

IFRS 18: Updates on the International Financial Reporting Standards

The IFRS serves as an international standard for financial reporting. It is adapted and used in more than 168 jurisdictions. However, this does not mean that all of these jurisdictions fully follow IFRS. Some jurisdictions have modified the standards to fit their own requirements, some permit only certain companies to use them, while others have fully adopted them.

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Is a Marriage Void if the Solemnizing Officer Was Unauthorized? PHOTO: pixelshot/CANVA

Is a Marriage Void if the Solemnizing Officer Was Unauthorized? | G.R. No. 267998

As a general rule, a marriage solemnized by an unauthorized officiant is void. However, the Court held that under Article 35(2) of the Family Code, the marriage remains valid if one or both of the participating parties believe in good faith, and it is with this belief that grants the solemnising officer the authority. Hence, the marriage continues to have full legal effect, and even with the lack of legal capacity by the officiating person, the marriage should not be declared void.

Is a Marriage Void if the Solemnizing Officer Was Unauthorized? | G.R. No. 267998 Read More »

Is a Drugstore Liable for Dispensing the Wrong Medicine? PHOTO: MJ Prototype/GETTY IMAGES

Is a Drugstore Liable for Dispensing the Wrong Medicine? | G.R. No. 165622

Mercury Drug and Ganzon were grossly negligent in dispensing ear drops instead of eye drops. In the purchase and sale of drugs, there is an imperative duty on the druggist to take precautions to prevent death/injury to any person who relies on one’s absolute honesty and peculiar learning.

Is a Drugstore Liable for Dispensing the Wrong Medicine? | G.R. No. 165622 Read More »

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