1. Discuss and explain the possible violations of the auditor of Pharmally Inc.

2. Write on engagement letter for a hypothetical company operating under a real estate industry.

3. Given the chance to propose amendments to the Philippine Accountancy Act of 2004, what changes will you propose?

4. Why is it important to outline from the engagement letter both the responsibilities of the management and the auditor?

5. Why do you think is the Code of Ethics for Professional Accountants unique from other professions existing in the country?