Case1

Based on the scenarios provided below, determine the general average of each candidate and whether s/hewould receive a PASSED, FAILED, or CONDITIONEDrating in the licensure examination for Certified PublicAccountants, based on the provisions of Republic Act. No. 9298. In cases where the candidate is granted aconditionedstatus,determinethe subjectsthe candidatehastoretake.

Candidate1

Subjects	Score
FinancialAccountingandReporting	85
AdvancedFinancialAccountingandReporting	86
Auditing	92
ManagementAdvisoryServices	96
Taxation	79
RegulatoryFrameworkforBusinessTransactions	83
GeneralAverage
RATING:

Candidate2

Subjects	Score
FinancialAccountingandReporting	93
AdvancedFinancialAccountingandReporting	89
Auditing	88
ManagementAdvisoryServices	90
Taxation	86
RegulatoryFrameworkforBusinessTransactions	89
GeneralAverage
RATING:

Candidate3

Subjects	Score
FinancialAccountingandReporting	75
AdvancedFinancialAccountingandReporting	81
Auditing	84
ManagementAdvisoryServices	86
Taxation	65
RegulatoryFrameworkforBusinessTransactions	75
GeneralAverage
RATING:

Candidate4

Subjects	Score
FinancialAccountingandReporting	77
AdvancedFinancialAccountingandReporting	79
Auditing	65
ManagementAdvisoryServices	78
Taxation	81
RegulatoryFrameworkforBusinessTransactions	70
GeneralAverage
RATING:

Candidate5

Subjects	Score
FinancialAccountingandReporting	84
AdvancedFinancialAccountingandReporting	81
Auditing	76
ManagementAdvisoryServices	75
Taxation	58
RegulatoryFrameworkforBusinessTransactions	74
GeneralAverage
RATING:

Candidate6

Subjects	Score
FinancialAccountingandReporting	73
AdvancedFinancialAccountingandReporting	80
Auditing	65
ManagementAdvisoryServices	64
Taxation	82
RegulatoryFrameworkforBusinessTransactions	79
GeneralAverage
RATING:

CASE2

A group of recent passers of the licensure examination for Certified Public Accountants is registering for thePhilippine Institute of Certified Public Accountants (PICPA). The registration officer asks each of them whichsub-organizationunder theumbrellaofPICPAtheywouldalsoliketoberegisteredto.Theregistrationofficerprovidedthemwiththefollowingchoices:

• AssociationofCertifiedPublicAccountantsinPublicPractice(ACPAPP)
• AssociationofCertifiedPublic AccountantsinCommerce andIndustry(ACPACI)
• GovernmentAssociationofCertifiedPublic Accountants(GACPA)
• NationalAssociationofCertified PublicAccountantsinEducation(NACPAE)

Foreachcertifiedpublicaccountantlistedbelow,determine whichorganizations/hewouldfitintoconsideringhis/herjobprofile. (8itemsx2points)

JobProfile	Organization
Ericson is hired as an accounting officer in amarketingfirm.
Ronel works for an auditing firm engaged inprovidingassuranceandadvisoryservices.
Jun is working in a state university as a generalaccountant.
Audrey is hired by a private university to teachaccountingsubjectsforaccountancystudents.
Joy works for the Bureau of Internal Revenue (BIR)asa revenueofficer.
Jaime is hired by a business process outsourcingfirm engaged in providing accounting and taxadministrationservicestoitsclients.
Jessa is hired as an accounting manager at theDepartment ofAgrarianReform(DAR).
James works as a technical writer for accounting inanacademe.

Case3

Giveatleastfiveexamples oftypicallawsuits againstCertifiedPublicAccountants.