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The Philippine Institute of Certified Public Accountants ( PICPA) is the national professional accountancy body of the Philippines. Explorers with an accounting background first formed the PICPA in November 1929. [2] The PICPA focuses on four areas of practice for a CPA: Public Practice, Commerce and Industry, Education, and Government.
The Bureau of Internal Revenue [2] ( Filipino: Kawanihan ng Rentas Internas, or BIR) is a revenue service for the Philippine government, which is responsible for collecting more than half of the total tax revenues of the government. It is an agency of the Department of Finance and it is led by a Commissioner.
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SyCip Gorres Velayo & Company (branded as SGV & Company) is a Philippine multidisciplinary professional services firm.. As of 2014, SGV & Company has employed over 3,000 professionals from various disciplines, including Certified Public Accountants, legal professionals, economists, human resource professionals, engineers, statisticians, financial analysts, and other business and technical experts.
The Professional Regulation Commission, ( Filipino: Komisyon sa Regulasyon ng mga Propesyon) otherwise known as the PRC, is a three-man commission attached to Department of Labor and Employment (DOLE). Its mandate is to regulate and supervise the practice of the professionals (except lawyers, who are handled by the Supreme Court of the ...
The American Red Cross announced that they collected $11 million in donations for the Philippines Relief Fund. Mercy Corps dispatched an "emergency response" team to help with humanitarian efforts. MAP International launched medical relief efforts providing over $10 million in medicines and supplies to the Philippines.
The Commission on Audit is a creation of the 1987 constitution. It was preceded by the Office of the Auditor in 1899, renamed as the Bureau of the Insular Auditor in 1900, then to the Bureau of Audits in 1905. The 1935 constitution created the General Auditing Office (GAO), and was led by the Auditor General.
Governor Gregorio S. Licaros, President of the Philippine Institute of Certified Public Accountants, came up with the idea for the CAPA. The first Far East Conference of Accountants was held between November 28 and December 1 of 1957 in Manila, Philippines. The event, said to be the forerunner of CAPA, "created history in the accountancy world ...