PICPA (Philippine Institute of Certified Public Accountants) has a total of ___ board members.
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- CASE (A): A group of recent passers of the licensure examination for Certified Public Accountants are registering for the Philippine Institute of Certified Public Accountants (PICPA). The registration officer asks each of them which sub-organization under the umbrella of PICPA they would also like to be registered to. The registration officer provided them with the following choices: A. Association of Certified Public Accountants in Public Practice (ACPAPP) B. Association of Certified Public Accountants in Commerce and Industry (ACPACI) C. Government Association of Certified Public Accountants (GACPA) D. National Association of Certified Public Accountants in Education (NACPAE) For each of the certified public accountants listed below, determine which organization they would fit into considering their job profile. ____________1. Joseph is hired as an internal auditor for a fastmoving consumer goods manufacturer. ____________2. Laurence works for an auditing firm engaged in providing…Which of the following is the largest body in the world? Select one: a. Chartered Institute of Public Finance and Accountancy (CIPFA) b. Institute of Management Accountants (IMA) c. The Chartered Institute of Management Accountants (CIMA) d. Association of Chartered Certified Accountants (ACCA)Who is responsible for assessing the accountant's competence? A The American Institute of Certified Public Accountants (AICPA)B Each state's accountancy board.C The accountantD The accountant's client
- The use of the Certified Public Accountant title is regulated by Select one a. the Securities and Exchange Commission D. the American Institute of Certiied Public Accountants through the licensing departments of the tax and auditing committees c. the federal government d. state law through a licensing department or agency of each stateWhich of the organization monitor the activities of the International Ethics Standards Board for Accountants (IESBA)? O a. International Code of Ethics for Professional Accountants Ob. Public Interest Oversight Board O c. International Federation of Accountants Nominating Committee O d. International Federation of Accountants BoardWhat professional conduct is outlined by the American Institute of Certified Public Accountants (AICPA) Professional Code of Conduct?
- B61. Under Section 5 of RA 9298, who shall appoint the members of the Professional Regulatory Board of Accountancy? A. The chairman of the Board of Accountancy.B. The president of the Republic of the Philippines.C. The chairperson of Professional Regulations Commission.D. The president of Philippine Institute of Certified Public Accountants.Which of the following organizations is responsible for the creation and governance of accounting standards in the United States? O A. Securities and Exchange Commission B. Financial Accounting Standards Board C. Institute of Management Accountants D. American Institute of Certified Public AccountantsName the four areas in which standards of ethical conduct exist for management accountants in the United states. What organization sets forth these standards?
- Three groups that participate in the process of establishing GAAP are users, preparers, and auditors. These groups are represented by various organizations. For each organization listed below, indicate which of these groups it primarily represents.1. Securities and Exchange Commission2. Financial Executives International3. American Institute of Certified Public Accountants4. Institute of Management Accountants5. Association of Investment Management and ResearchDefine certified public accountants.Which International body issued the Code of Ethics for Professional Accountants? a. IESBA b. IFRS c. IAASB d. GAAP