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  • 02 Activity 1 (Final)

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    Fritch Solis
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    02_Activity_1(Final)

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    12 views1 page

    02 Activity 1 (Final)

    Uploaded by

    Fritch Solis

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    BM1909

    NAME: DATE: SCORE:

    Instruction: Supply the following information required on the space provided.

    IDEA BUILDER

    TITLE OF REPUBLIC ACT NO. 9298 SCOPE OF PRACTICE


     Practice of public accountancy – person who
    Philippine Accountancy Act of 2004 represents his/her clients before government
    agencies.
     Practice in commerce and industry – person
    represents his/her employer before government
    agencies.
    PRIMARY OBJECTIVES OF R.A. 9298
     Practice in education/academe – person in
     The standardization and regulation of accounting
    educational institution that teaches accounting
    education.
    related subjects and other technically related
     The examination for registration of certified public
    subjects.
    accountants.
     The supervision, control and regulation of the practice  Practice in government – person who holds or
    of accountancy in the Philippines appointed to, a position in accounting profession
    in government or a government owned and/or
    controlled corporation.

    QUALIFICATIONS OF MEMBERS OF THE BOARD OF ACCOUNTANCY

     Natural-born Filipino citizen and a resident of the Philippines.


     Registered CPA with at least 10 years of experience in any scope of practice.  Is a Filipino citizen.
     Must be of good moral character and not  Is of good moral character.
    convicted of any criminal offense involving moral  Is a holder of the degree of
    turpitude. Bachelor of Science in Accountancy conferred in
     Must not have any pecuniary school, college, academy or institute duly recognized
    interest, directly or indirectly in and/or accredited by CHED or other authorized
    any institution conferring the government offices.
    practice.  Has not been convicted of any criminal offense
    involving moral turpitude.
    QUALIFICATIONS OF APPLICANTS FOR EXAMINATIONS

    SCOPE OF EXAMINATIONS RATING IN THE LICENSURE EXAMINATION


     Financial Accounting and Reporting  Candidate must obtain a general average
     Advance Financial Accounting and of 75%, with no lower than 65% in any
    Reporting given subjects.
     Management Advisory Services
     Auditing
     Taxation
     Regulatory Framework for Business Issues

    02 Activity 1 *Property of STI


    Page 1 of 1

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