Interim management class lectures_185755922-Managing-Compliance-With-Qar-Noemi-Villaruz-Qar-Lecture-67th-Picpa-Anc-112812

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A Collaborative Effort Betweenthe Public Practice,Commerce and Industryand the Education Sector(Government Sector)?QAR Committee, PICPARA 9298 Philippine Accountancy Act of 2004 Section 9, Powers and Functions of the Board:xxxxxxxxx To conduct an oversight into the quality of audits of financialstatements though a review of the quality control measuresinstituted by auditors in order to ensure compliance with theaccounting and auditing standards and practices,BOA Res. No. 71 s. 2004, Implementing Rules and Regulation ofRA 9298, Sec. 9(h), Powers and Functions of the Board:To conduct an oversight into the quality of audits of financialstatements through a review of the quality control measuresinstituted by auditors in order to ensure compliance with theaccounting and auditing standards and practicesQuality Assurance Review or QAR (PRBOA Res. 23 s. 2010,Annex A, Rule I, Sec. 2 (d)), is the study, appraisal or reviewby an independent QAR Department organized by theboard, of the quality of audit of financial statements througha review of the quality control measures instituted bymember-CPA Practitioners engaged in the practice of publicaccountancy to ascertain compliance with prescribedprofessional, ethical and technical standards of publicpractice.ACPAERoel E. HermosillaEducation SectorGACPAMargie V. OficialGovernmentSectorACPACIRebecca R. AragoCommerce andIndustry SectorPICPAJosefe C

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