CFAS

It is the technical component in the definition of Accounting by the American Accounting Association.

Payment of taxes is an non-reciprocal event. What kind of transaction is this?

It is a form of business organization prohibited by the Securities and Exchange Commission to practice the profession of Accountancy.

If 120 CPD Units are required for the accreditation to practice public accountancy and 15 units are needed for renewal of license, how many units should you take in a refresher course?

Sami abides by the rules and regulation of the Professional Regulation Commission to fulfill her credit units needed to raise her technical skill and competence. What law mandates Sami's act?

When did the Philippines started to become fully compliant with the implementation of International Financial Reporting Standards?

In the Philippine-setting, this refers to the accounting rules, procedures, and practices developed on the basis of experience, reason, custom, usage as well as practical necessity.

It is the essence of accounting.

Andrea expressed an opinion if the financial statements of Balbastre Petmalu Company conform with the standards of reporting. What service under Public Accounting does she provides?

Bonus: Give the full name of your professor in this quiz. Everything should be crystal clear. (all spelled out plus technicality) HAHAHAHAHA