The AASC alert and the RR 15-2010

A copy of alert from the Auditing and Assurance Standards Council (AASC) has been in my inbox a week ago and its only now that I find time to write for this blog about another topic. Anyhow, I am sharing you this alert for your information and reference. Find time to download and read this … Continue reading The AASC alert and the RR 15-2010

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Court order issued by RTC Branch 126 Caloocan on BOA-PRC-QAR

Apparently, this court order copy issued by Caloocan RTC branch 128 has been floating around via emails since December 30, 2010.  Perhaps, it's about time to share this copy by means of this blog specially that I am getting a lot of queries about this subject. Anyhow, the meat of this order why it was favored by … Continue reading Court order issued by RTC Branch 126 Caloocan on BOA-PRC-QAR

The Quality Assurance Review (QAR).

What is QAR Program? The Quality Assurance Review (QAR ) Program is a step for improving the credibility and reliability of financial statements audited by Philippine auditors, be it done by an individual CPA practitioner or by a large CPA firm. The program was introduced by the Board of Accountancy (BOA) in accordance with the practice of CPAs around … Continue reading The Quality Assurance Review (QAR).