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paper in my practicum experience University of the Philippines in the Visayas Tacloban College Into the Shoes of a CPA A 150-hour practicum experience as a requirement
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be provided and perhaps even be made mandatory. This may not seem realistic to suggest mandatory practicum, but taking into account the high possibility that social
Submitted by judithlapuz08 on August 7, 2007
Category: Miscellaneous
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University of the Philippines in the Visayas
Tacloban College
Into the Shoes of a CPA
A 150-hour practicum experience as a requirement in
BA 123 course Public Accounting Office
INTRODUCTION
What I expect to get from the Practicum
When Professor Bernadette Lorenzo, our BA 123 (Public Accounting Office) adviser told us to look for accounting firms for our practicum, I got excited because I never had the experience to work in an office or company before. Practicum is defined as a school or college course, especially one in a specialized field of study that is designed to give students supervised practical application of previously studied theory.
The first firm that popped into my mind was SGV. Maybe I could work in Cebu or Manila. Yet I thought I was being ambisyosa. There are many accounting firms here in Tacloban anyway, but I fear I won't learn something worthwhile. I asked some of the Management students who have undergone practicum and some of them told me that all they did was file documents, encode or even make coffees for employees! Although they have a different degree program, I feared that their experiences would be the same with what I was about to face.
But somehow, I was hoping for optimistic things in this undertaking. I was looking forward to experiencing what a CPA really does or at least a part and parcel of what they really do. According to Valix in his Financial Accounting book, Certified Public Accountants generally practice their profession in three main areas, namely Public Accounting, Private Accounting and Government Accounting.
Public Accountants usually offer three kinds of services Auditing, Taxation, and Management Advisory Services. Ricchiute defines Auditing as a systematic process of objectively obtaining and evaluating evidence regarding assertions about economic actions and events to ascertain the degree of...
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