GeeMizAccounting & Personal Blog – Cebu, Events, Trivias and more

When you first open your small business, you may be doing the majority of the accounting yourself. This may be particularly true if you are operating as primarily a service business or a contractor. You may be using accounting software or you may be using a paper method to track your expenses and income. However, you may benefit from hiring an accountant to do your taxes for you. Many accountants will work for several small business owners, which means you do not need to hire someone full-time.

Are You Spending More Time on Your Finances than Your Business?

ARTICLE III PROGRAM SPECIFICATIONS

Section 10. The degree program described herein shall be called Bachelor of Science in Accounting Technology (BSAT).

Section 11. The BSAT program may be offered in a separate School of Accountancy or in a Department of Accountancy in the Colleges or Schools of Business.

Section 12. The primary goal of accounting education is to produce competent professional accountants capable of making a positive contribution over their lifetimes to the profession and society in which they work. In the face of increasing changes that they will meet later as professional accountants, it is essential that students develop and maintain an attitude of learning to learn, to maintain their competence later as professional accountants.

Republic of the Philippines
OFFICE OF THE PRESIDENT
COMMISSION ON HIGHER EDUCATION
CHED MEMORANDUM ORDER (CMO)
No. ________
Series 2006

SUBJECT : MINIMUM CURRICULAR REQUIREMENTS FOR
BACHELOR OF SCIENCE IN ACCOUNTING
TECHNOLOGY (BSAT)
X—————————————————————————————————X
In accordance with the pertinent provisions of Republic Act (RA) No. 7722, otherwise
known as the “Higher Education Act of 1994,” and for the purpose of locally adopting the
International Education Standards in Accounting Education as prescribed by the International
Federation of Accountants with the end view of keeping standards in accounting education in
the country comparable with the requirements of the global workplace, the following rules
and guidelines are hereby adopted and promulgated by the Commission:

The Financial Reporting Standards Council who replaces the Accounting Standards Council is composed of a chairman which is appointed by the Board of Accountancy and it includes representatives from the Board of Accountancy (BOA), Securities and Exchange Commission (SEC), Bangko Sentral ng Pilipinas (BSP), Financial Executives Institute of the Philippines (FINEX), Commission on Audit (COA) and Philippine Institute of Certified Accounatnts (PICPA)

Below are list of the Financial Reporting Standards Council

Chairman

Mr. David L. Balangue
Former Chairman and Managing Partner, SGV Co.

Members

Board of Accountancy

Ms. Ma. Elenita B. Cabrera
Vice Chairman
Board of Accountancy

Securities and Exchange Commission (SEC)

Step 1

Secure and accomplish an Action Sheet Form from the Professional Regulation Commission (PRC) Customer Service Center (CSC).

Step 2

Submit the Action Sheet form in any processing window together with the following:

• Original and photo/xerox copies of Transcript of Records with Special Order and Date of Graduation
• With SCANNED PICTURES AND WITH REMARKS “FOR BOARD EXAMINATION PURPOSES ONLY” .View Res.2004-2000 .(Graduates of government schools and institutions/programs accredited by recognized accredited agencies under the FAAP are exempted from SO [B]). Graduates of New Schools/degree Programs must submit School Recognition and/or Permit to operate.

The search for the Most Outstanding Regional Council President recognizes the Regional Council President that has performed his/her duties and served its members in providing an environment where one can harness his skills toward academic excellence and social awareness.

The search is open to all Regional Council President of NFJPIA FY 2010-2011 who has participated in the 13^th MidYear Convention and 28^th Annual National Convention.

The candidate must properly secure the following documents in hard copy:

1. Duly signed endorsement letters from the College Dean, Incumbent JPIA Adviser and the Incumbent Local Chapter Presidents (at least 10% .of all registered Local Chapter)

The search for the Most Outstanding Local Chapter President is open to all Local Chapter Presidents of NFJPIA FY 2010-2011 who also participated the 13^th Mid-year Convention and the 28^th Annual National Convention. This award is to recognize the Local Chapter President who did his duty well and served its members to provide an environment where one can harness his skills toward academic excellence and social awareness.

The candidate must properly secure the following documents in hard copy:

1. Duly signed endorsement letters from the incumbent from the College Dean, Incumbent JPIA Adviser and Incumbent JPIA Regional Council President.

It is known that the Junior Philippine Institute of Accountants will have its 28^th annual gathering this coming April 26 – 29, 2011 with the theme of Make a S.T.A.N.D! (Surpassing life’s Thresholds thru Assertive stances & Noble undertakings across Diversities).

Various academic and non academic related activities are being prepared by your humble officers. Among the NFJPIA National Annual Convention activity is the awarding of all deserving JPIANs, Local Chapters, Local Chapter President, Regional Council and Regional Council Presidents who has done their very best and show excellence among others.

Criteria for the 2011 Year End Awards

The search for the Most Outstanding Regional Council recognizes the Regional Council that has performed its duties and served its members in providing its members an environment where one can harness his skills toward academic excellence and social awareness.

The search is open to all registered Regional Council of NFJPIA FY 2010-2011 who participated in the 13^th MYC, 28^th Annual National Convention and 2011 National Mock board.

The candidate must properly secure the following documents in hard copy:

1. CD copy- Flash/Movie Presentation of no less than 2 minutes but no more than 5 minutes summarizing the activities of the Regional Council, its achievements, etc.

Every year there is a search for the most deserving accountancy student who posses all true traits of a pure JPIAn. The candidate must be a well rounded individual, meaning he/she must excel both in the academic and non-academic activities (extracurricular activities). The search is not limited but it is open to all JPIAns who is enrolled in the School year 2010-2011. Another qualification is that he must/she must attend the 13^th Mid-Year Convention and the 28^th Annual national Convention.

Each Local Chapter can nominate at least one candidate for his category and a maximum of three. Incumbent Regional Council Presidents and Incumbent Local Chapter Presidents are not allowed to apply in this category.