Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting

Authors: Peter J Eisen

6th Edition

143800138X, 978-1438001388

More Books

Students also viewed these Accounting questions

Question

Can a CPA ever receive a commission or referral fee?

Answered: 1 week ago

Question

b. Formulate this problem for solution, using linear programming.

Answered: 1 week ago

Question

Do not go, wait until I come

Answered: 1 week ago

Question

Pay him, do not wait until I sign

Answered: 1 week ago