The ranking of the best accountancy schools in the Philippines for 2017 has been released, which currently features 20 of the 528 colleges and universities offering undergraduate programs in accountancy. De La Salle University-Manila led the list of the top performing schools offering accountancy undergraduate programs in 2017 with 88.32 percent. University of Santo Tomas…
Author: asheraandangeline
Certified Public Accountant (CPA)
Certified public accountants (CPAs) generally handle the accounting, tax, reporting and/or audit processes for governments, corporations or individual clients. Their duties may vary depending on their employer and specialization. However, tasks commonly performed by CPAs include reviewing their company’s financial information; preparing documentation or reporting related to finances, taxes, or audits; and staying up-to-date on…
Salary Levels
In the Philippines, entry level jobs for both board passers and non board passers are more or less the same. Compensation is above the minimum wage, it can range from 12,000php to 18,000php per month. For those who have more experience and who passed the CPA board, salary can reach as high as 60,000php. Abroad:…
Need and Importance of Accounting
Accounting can be referred to as the systematic and comprehensive recording of a financial transaction relating to any business. Also refers to as a process of analyzing, summarizing and reporting these transactions to the tax collection agencies and oversight agencies. Accounting helps the management to be able to ascertain the financial position of the business….
Why choose accountancy?
Essential Every organisation in the world shares a common factor. Their success is entirely dependent on a sound approach to financial management. That makes accountancy as essential to the health of organisations as medicine is to human health. Diverse It also makes accountancy one of the most diverse professions, with opportunities across all sectors and…
Career opportunities for BSA graduates
Jobs for licensed Accountants (board exam passers) Entry Level jobs Accounting Associate – support senior level accountants and auditors with administrative, bookkeeping, clerical, accounts payable and accounts receivable duties. Audit/Tax staff – perform internal audits and they are also hired by the IRS and other governmental agencies to ensure that the company is abiding by financial laws and regulations….
Skills Required
A combination of knowledge, skills and the right attitude are needed to succeed in this course: A student who is to take BS in Accountancy must be intellectual enough to carry out problems that need abstract logical thinking. Reasoning skill is important because this will help in the discovery of underlying principles between two or more objects…
The admission requirements for BSA
According to CHED (the official governing body of both public and private higher education institutions), the standards of admission to the BSA program should be sufficiently rigorous and demanding, that is why it has set a standard for Colleges and Universities who offer the BSA program to conduct a selective admission policy. Requirements at each school are…
Is Accountancy a profession?
Accountancy is a profession. A graduate of BS in Accountancy who passed the board exam is called a CPA (Certified Public Accountant), or in short an Accountant. An accountant’s job includes the performance of financial functions related to the collection, accuracy, recording, analysis and presentation of a business, organization or company’s financial operations. The accountant…
What is Accountancy?
Accountancy is the practice of recording, classifying, and reporting on business transactions for a business. It provides feedback to management regarding the financial results and status of an organization. Recordation The recording of business transactions usually involves several key transactions that are handled on a repetitive basis, which are issuing customer invoices, paying supplier invoices, recording cash…