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Describe the roles of the following organizations that affects the practice of the accounting profession in the Philippines: a. Professional Regulation Commission (PRC) b. Professional

Describe the roles of the following organizations that affects the practice of the accounting profession in the Philippines:

a. Professional Regulation Commission (PRC)

b. Professional Regulatory Board of Accountancy (BOA)

c. Securities and Exchange Commission (SEC)

d. Commission on Audit (COA)

e. Bureau of Internal Revenue (BIR)

f. Philippine Institute of Certified Public Accountants (PICPA)

g. Sectoral Organizations (ACPAPP, ACPAE, ACPACI, GACPA)

h. Internal Federation of Accountants (IFAC)

i. International Accounting Standards Board (IASB)

j. Financial Reporting Standard Council (FRSC)

k. International Auditing Practices Committee (IAPC)

l. Auditing and Assurance Standard Council (AASC)

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