CFAS

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1.

The Philippine Accountancy Act of 2004 specifies four (4) areas of practice of accountancy, namely:
public practice, commerce and industry, education, and government. Considering your background and
interests, which of these areas of practice appeals to you the most?

ANSWER:

For me, the area of practice that I appeal to the most is in the government. Because being a government
employee is the best for me in terms of benefits. It is happy to serve the people without hesitation.

2. What specific topics in accounting do you think should you focus on in pursuing your preferred area of
practice of accountancy?

ANSWER:

Accounting Basics. A strong foundation on fundamental concepts and the accounting process, because
being an accountant we must know about our profession to work confident and easy. In the science of
accounting there is decision -making requires professional knowledge.

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