Auditing the auditors (Part 1)

In the recent years, auditing the auditors has become a global development in the accountancy profession amid news of inappropriate financial reporting or accounting scandals happening around the world. A number of national professional regulators have responded accordingly to these…
PCHC’s Check Image Clearing System & Others

The Philippine Clearing House Corporation will implement Check Image Clearing System (CICS) starting middle of 2016, specifically in March 2016. In connection with this, we previously written an article entitled “Banks will no longer accept checks with erasure/alteration effective January 4,…
‘I am Acct’ (Part 2 of 2)

Last week I discussed in this column the interesting, if not puzzling, situation why accountants prefer to profess their professional attainment by putting their title CPA at the end of  their names and not in front of their names.  We…