If you think that all organizations are built to produce profit and distribute them among owners then you are wrong. There is what you call a not for profit organization also called as non-profit organization. This not for profit organization is built not to distribute profit among owners but instead use the funds to pursue certain goals. A good example of non-profit organizations is charities and public arts organization. This form of organizations is mostly exempted from its countries income and property taxation.
Who does not want to be rich? I am sure that you yourself wanted to be rich just like anybody else around the world. But the question is how to be rich? We know that being an employee alone will not make someone any richer. Other’s tended to be self-employed but are these people rich.
Many say that the best way to become rich is to engage in a business. It may be a shell craft business or a car business anything as long as you have a product to offer and gain something out from it. You may observe that your neighbor is opening a store and then the next week your other neighbor is opening his own store.
Following the rule is the basic concept. If one just follows every rule then there is no need for a jury. Every professional has its own rules to follow and these are called its “Code of Ethics”. Certified Public Accountant in the Philippines has its own Code of Ethics that must be followed with all of an accountants mind and heart.
Grounds for proceedings against a Certified Public Accountant.
Any of the following shall be sufficient ground for proceeding against a Certified Public Accountant:
To become a Certified Public accountant is not just as simple as one click. Being a graduate with a Bachelors degree in Accountancy does not make you an accountant either but it is just a door for a new journey. To become a CPA one must take a CPA licensure exam and this is true not just in the Philippines but also in other countries.
Below are the requirements needed for a person to be able to take the Philippine CPA Licensure Exam.
It is impossible that a person in the field of accounting, maybe a professional or a student does not know Mr Conrado T Valix. He is a famous accounting instructor, author of several textbooks and reviewers.
