OCTOBER – DECEMBER 2021 VOL 1 FY 2021 - 2022
WEBINARS The Board of Accountancy Updates and Adaptation of International Code of Ethics in the Philippines webinar was held on October 02, 2021. The resource speaker, Dr. Gerry Ilandag Piator discussed the updates on Board of Accountancy resolutions as well as the guidelines on the conduct of hearings and administrative proceedings via video conferencing, and other processes incidental thereto in relation to the adaptation of International Code of Ethics in the Philippines. He also mentioned sample of cases filed at PRC for the CPA practitioners.
The BOA updates discussion includes the Continuing Professional Development (CPD), Philippine Qualifications Framework (PQF) Law and Career Progression and Specialization Program, Accreditation of Practitioners, Quality Assurance Review, Asean CPA, PIC, FRSC and AASC. He emphasized the Republic Act No. 10912 also known as CPD Act of 2016 and the Resolution No. 1146 (s.
On October 9, 2021, PICPA Rizal Chapter conducted The Essentials of Transfer Pricing. The resource speaker, Ms. Elsa M. Cañete discussed the basis such as the UN Model Tax Convention Article 9(1) and the related laws which are applicable in determining the covered transactions. The Chapter recorded 52 participants, all of them earned the 1.5 CPD units under Competence A.
Essentials of Transfer Pricing discussion includes the various transfer pricing methods, determining the economic circumstances in arms’ length prices and related party transactions. After the webinar, Ms. Rosemarie Andrion was recognized as the most active participant and a certificate of appreciation was sent to her by the PICPA Rizal Chapter.
2019) including the salient features. He encouraged practioners to get involved in different accreditations offered by the board especially the Asean CPA.
The Official Newsletter of Philippine Institute of CPAs Rizal Chapter
12
