To issue a cease or desist order to any person associations partnership or

To issue a cease or desist order to any person

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To issue a cease or desist order to any person, associations, partnership or corporation engaged in violation of any provision of this Act, any accounting or auditing standards or rules of duly promulgated by the Board as part of the rules governing the practice of accountancy in the Philippines; To punish for contempt of the Board, both direct and indirect, in accordance with the pertinent provision of and penalties prescribed by the Rules of Court; To prepare, adopt, issue or amend the syllabi of the subjects for examinations in consultation with the academe, determine and prepare questions for the licensure examination which shall strictly be within the scope of the syllabi of the subjects for examinations as well as administer, correct and release the result of the licensure examinations;
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To ensure the coordination with the Commission of the Higher Education (CHED) or other authorized government offices that all higher educational instruction and offering of accountancy comply with the policies, standards and requirements of the course prescribed by the CHED or other authorized government offices in the areas of curriculum, faculty, library and facilities; and To exercise such other powers as may be provided by law as well as those which may be implied from, or which are necessary or incidental to the carrying out of, the express powers granted to the Board to achieve the objectives and purposes of this Act. The policies resolution, rules and regulations issued or promulgated by the Board shall be subject to review and approval of the Commission. However, the Board's decisions, resolutions or orders rendered in the administrative cases shall be subject to review only if on appeal. Sec. 10. Administrative Supervisions of the Board, Custodian of its Records, Secretariat and Support Services . - The Board shall be under the administrative supervision of the Commission. All records of the Board, including applications for examination and administrative and other investigative cases conduced by the Board shall be under the custody of the Commission. The Commission shall designate the secretary of the Board and shall provide the secretariat and other support services to implement the provisions of this Act. Sec. 11. Grounds for Supervision or Removal of Members of the Board . - The President of the Philippines, upon the recommendation of the Commission, after the giving the concerned member an opportunity to defend himself in proper administrative investigation to be conducted by he Commission, may suspend or remove any member of the following grounds: Neglect of Duty or incompetence; Violation or tolerance of any violation of this Act and it's implementation rules and regulations or the Certified Public Accountant's Code of Ethics and the technical and professional standards of practice for certified public accountant; Final judgment of crimes involving moral turpitude; and Manipulation or rigging of the certified public accountant's licensure examination results, disclosure of secret
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  • Spring '10
  • Gleim
  • International Financial Reporting Standards

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