In 2014 for instance, we recorded 38,000 tourists from Guam - equivalent to roughly 23% of your population. And preference for products from the Philippines is on the rise. This includes dried mangos, shrimps and other food items and automotive vehicles. Philippine exports to Guam reached $ million in 2013 and increased to $ million in 2014. This is not surprising.
Some of the major recommendations were to bridge the gaps between International Financial Reporting Standards (IFRSs) and Indian accounting standards, strengthening the monitoring and enforcement mechanism, introducing practices to ensure compliance with code of ethics by auditors of public interest entities and taking steps for improving professional education and training arrangements. 8.