A study on the applicability of a practical experience requirement for the licensure of Certified Public Accountants in the Philippines

Date of Publication

2005

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Accountancy

Subject Categories

Accounting

College

Ramon V. Del Rosario College of Business

Department/Unit

Accountancy

Defense Panel Chair

Corazon Subido

Defense Panel Member

Wilfredo Baltazar
Raymund Habaradas
Lyndon Magsino
Michael Angel Cortez

Abstract/Summary

Several studies conducted by international bodies conclude that the licensure standards for Certified Public Accountants (CPA) in the Philippines are not at par with international standards and practices. In particular, the lack of a practical experience requirement has been pointed out as a major weakness.

The International Federation of Accountants (IFAC), through its International Education Guidelines (IEG), includes practical experience as a requirement prior to licensure and entry into the profession. Its guidelines stipulate that all candidates should undergo a period of work experience whose length and coverage permits prospective accountants to demonstrate knowledge, skills and values sufficient for performing with professional competence . The international body recommends a period of no less than three years under a supervised environment in the scope of work of accountancy.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU13164

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

Physical Description

79 leaves ; ill. (some col.) ; 28 cm.

Keywords

Accounting--Examinations; questions; etc; Accounting--Standards--Philippines; Accounting-- Study and teaching

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