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ASEAN Integration For the past several years the accountancy profession

in the Philippines has been preparing for ASEAN integration which officially
starts in 2015. Asean Economic Community (AEC) will be created, which is
much similar to the European Union (EU) but will be very much at infancy
stage. The ASEAN integration is a cooperative movement within the
ASEAN community composed of Indonesia, Malaysia, Thailand, Singapore,
Vietnam, Cambodia, Laos, Brunei and the Philippines. (Anzcham, 2014)
The Philippiness Board of Accountancy is strictly monitoring the training
and development of the accountancy profession. Apparently, competence
in English language is our key advantage. With the appropriate and
preparation of quality education, skills, qualification and work experience,
these will enable our accountants to meet new and additional career
opportunities and development. (Villacorta, 2015)

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