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An IT audit is different from a financial statement audit.While a financial audit's purpose is to evaluate whether the financial statements present fairly, in all material respects, an entity's financial position, results of operations, and cash flows in conformity to standard accounting practices, the purposes of an IT audit is to evaluate the system's internal control design and effectiveness.
The Philippine Institute of Certified Public Accountants (PICPA) is the national professional accountancy body of the Philippines. Explorers with an accounting background first formed the PICPA in November 1929. [2] The PICPA focuses on four areas of practice for a CPA: Public Practice, Commerce and Industry, Education, and Government. [2]
The Philippine Accrediting Association of Schools, Colleges and Universities (PAASCU) is a private, voluntary, non-profit and non-stock corporation which was registered with the Securities and Exchange Commission of the Philippines. It is a service organization that accredits academic programs which meet commonly accepted standards of quality ...
The Commission on Audit (COA; Filipino: Komisyon sa Awdit [2] or officially Komisyon ng Pagsusuri) is an independent constitutional commission established by the Constitution of the Philippines. It has the primary function to examine, audit and settle all accounts and expenditures of the funds and properties of the Philippine government .
Established as a department of the College of Education and supervised by the Fr. Silvestre Sancho, O.P. in 1930, the Department of Commerce started with only twelve enrollees and offered a two-year associate program in Commercial Science. Consistent increase in enrollment lead to it being elevated into a School of Commerce in 1933 and the ...
SyCip Gorres Velayo & Company (branded as SGV & Company) is a Philippine multidisciplinary professional services firm.. As of 2014, SGV & Company has employed over 3,000 professionals from various disciplines, including Certified Public Accountants, legal professionals, economists, human resource professionals, engineers, statisticians, financial analysts, and other business and technical experts.
The Department of Education (abbreviated as DepEd; Filipino: Kagawaran ng Edukasyon) is the executive department of the Philippine government responsible for ensuring access to, promoting equity in, and improving the quality of basic education. [4]
In 1996, the Department of Education initialized a 10-year modernization program, which included a computerization project and the School of the Future project. The modernization project aimed to implement information technology in the improvement of teaching and learning processes, as well as in educational management and operations.