The CPA (Certified Public Accountants) Board Exam is one of the toughest government examinations in the Philippines. It takes five years of rigorous studies and a six month period of review at the CPA Review Centers.
Philippine rice farmers in Pila, Laguna are a sturdy lot. Most fields in the area are not irrigated and those along the bay faces a scenario of flooding during the rainy months.
Filipinos are known for their inherent trait of loving their parents and immediate family. They work abroad either as OFWs or migrant workers so they can help the family that they left behind.
Passing the CPA Board Examination is an ordeal;topping it can be daunting. Some people can make a go of it despite all odds. A good example is Jerwin Tubay, a graduate of a small local college,who surprised everyone by placing 7th in the October 2011 CPA Board Exam.
The New Government Accounting System in the Philippines (NGAs): On Budget Authorization and Allocation
The New Government Accounting System of the Philippines or NGAs, was introduced to simplify the recording of government transactions and hasten the preparation of Budget Authorization and Allocation.
A study of the investment habits of Filipinos shows that majority of them are non-investors. They would rather have cash than invest their money elsewhere. Per research made by Manulife, one of the oldest life insurance in the Philippines, around 60 percent of the total holdings of Filipinos are in...
Management Accounting sets the directions of the company via cost control measures. It seeks to maximize the use of company resources through competent methods in decision making processes.
The Commission on Audit (COA) under the 1987 Constitution of the Philippines, prescribed the adoption of the New Accounting System for the Barangay that was implemented beginning the fiscal period, 1987.
Decentralization is not a new concept under the New Government Accounting System of the Philippines (NGAS). This has been in practice in the regional offices and operating units long before the adoption of the Integrated Reorganization Plan (IRP), PD No.1 by the National Government.Decentralized...
Passing the CPA Board Exam is difficult. Making it to top 10 is exhilarating, especially if you come from a small public college south of Manila - DFCAMCLP, a project by incumbent Mayor Nene Aguilar.
The shift to the New Government System was made in response to conformity with the International Accounting Standard, computerization, generation of financial statements and for agency monitoring.