BM1909

TASK PERFORMANCE

Case 1
Based on the scenarios provided below, determine the general average of each candidate and whether s/he
would receive a PASSED, FAILED, or CONDITIONED rating in the licensure examination for Certified Public
Accountants, based on the provisions of Republic Act. No. 9298. In cases where the candidate is granted a
conditioned status, determine the subjects the candidate has to retake. (6 items x 5 points)

Candidate 1
Subjects Score
Financial Accounting and Reporting 85
Advanced Financial Accounting and Reporting 86
Auditing 92
Management Advisory Services 96
Taxation 79
Regulatory Framework for Business Transactions 83
General Average 86.833
RATING: PASSED

Candidate 2
Subjects Score
Financial Accounting and Reporting 93
Advanced Financial Accounting and Reporting 89
Auditing 88
Management Advisory Services 90
Taxation 86
Regulatory Framework for Business Transactions 89
General Average 89.167
RATING: PASSED

Candidate 3
Subjects Score
Financial Accounting and Reporting 75
Advanced Financial Accounting and Reporting 81
Auditing 84
Management Advisory Services 86
Taxation 65
Regulatory Framework for Business Transactions 75
General Average 77.667
RATING: PASSED

02 Task Performance 1 *Property of STI

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Candidate 4
Subjects Score
Financial Accounting and Reporting 77
Advanced Financial Accounting and Reporting 79
Auditing 65
Management Advisory Services 78
Taxation 81
Regulatory Framework for Business Transactions 70
General Average 75
RATING: PASSED

Candidate 5
Subjects Score
Financial Accounting and Reporting 84
Advanced Financial Accounting and Reporting 81
Auditing 76
Management Advisory Services 75
Taxation 58
Regulatory Framework for Business Transactions 74
General Average 74.667
RATING: FAILED

Candidate 6
Subjects Score
Financial Accounting and Reporting 73
Advanced Financial Accounting and Reporting 80
Auditing 65
Management Advisory Services 64
Taxation 82
Regulatory Framework for Business Transactions 79
General Average 73.833
RATING: FAILED

Rubric for scoring:

Performance Indicators Points
Correct accounts and amounts used 3
Computed final amounts are correct/balanced 2
Total 5

02 Task Performance 1 *Property of STI

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CASE 2
A group of recent passers of the licensure examination for Certified Public Accountants is registering for the
Philippine Institute of Certified Public Accountants (PICPA). The registration officer asks each of them which
sub-organization under the umbrella of PICPA they would also like to be registered to. The registration officer
provided them with the following choices:
 Association of Certified Public Accountants in Public Practice (ACPAPP)
 Association of Certified Public Accountants in Commerce and Industry (ACPACI)
 Government Association of Certified Public Accountants (GACPA)
 National Association of Certified Public Accountants in Education (NACPAE)
For each certified public accountant listed below, determine which organization s/he would fit into considering
his/her job profile. (8 items x 2 points)
Job Profile Organization
Ericson is hired as an accounting officer in a  Association of Certified Public Accountants in
marketing firm. Commerce and Industry (ACPACI)

Ronel works for an auditing firm engaged in  Association of Certified Public Accountants in
providing assurance and advisory services. Public Practice (ACPAPP)

Jun is working in a state university as a general  Government Association of Certified Public

accountant. Accountants (GACPA)

Audrey is hired by a private university to teach  National Association of Certified Public

accounting subjects for accountancy students. Accountants in Education (NACPAE)

 Government Association of Certified Public

Joy works for the Bureau of Internal Revenue (BIR)
as a revenue officer. Accountants (GACPA)

Jaime is hired by a business process outsourcing  Association of Certified Public Accountants in

firm engaged in providing accounting and tax Commerce and Industry (ACPACI)
administration services to its clients.
Jessa is hired as an accounting manager at the  Government Association of Certified Public
Department of Agrarian Reform (DAR). Accountants (GACPA)

James works as a technical writer for accounting in  Association of Certified Public Accountants in
an academe. Commerce and Industry (ACPACI)

Case 3 (3 items x 2 points)

Give at least three (3) examples of typical lawsuits against Certified Public Accountants.

1. Alleged inappropriate withdrawal from an audit.

2. Alleged failure to complete the audit on the agreed-on date.
3. Alleged failure to detect defalcation as a result of negligence in the conduct of the audit.

02 Task Performance 1 *Property of STI

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