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Chapter 1

CFAS Chapter 1

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Sam Jam
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3 views16 pages

Chapter 1

CFAS Chapter 1

Uploaded by

Sam Jam
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
CHAPTER 1 THE ACCOUNTANCY PROFESSION TECHNICAL KNOWLEDGE To understand the definition of accounting. To identify the overall objective of accounting. To describe the practice of the accountancy profession in the Philippines. To understand the Continuing Professional Development in the field of accounting. To know the meaning of generally accepted accounting principles. To identify the standard-setting body in the Philippines. To describe the creation of the International Accounting Standards Board. To know the meaning of IFRS. 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