Category: Technology

I’ve searched in the internet for a site or blog that discusses, or at least able to discuss, about accounting and audit, especially as may be applicable to the Philippine settings. And my search failed.

Philippine accounting organizations and institutions like the Philippine Institute of Certified Public Accountants (PICPA) and the Board of Accountancy failed to provide for a specific field in the internet for accountants to converge and share ideas regarding their thoughts about the standards and the accounting and auditing practice in the Philippines. Even Philippine accounting and auditing firms like SGV & Co. (Ernst & Young), Isla Lipana & Co.(formerly Joaquin Cunanan & Co.) (PriceWaterHouse Coopers), Laya Manangyahaya (KPMG), Punongbayan & Araullo (Grant Thornton International), C.L. Manabat & Co. (Deloitte), don’t really have a dedicated page or site to discuss issues related to accounting and auditing issues, especially as regards gray areas of Philippine and international accounting.

Continue reading deuts.net Accounting Profile

In The Undersigned, there is a discussion about maintaining a business/corporate blog. The author offered some advantages such a move could make should a company decide to create a business blog.

Actually, I like that idea. Continue reading Business Blogs

As auditors, we gather information from the client by conducting interviews, obtaining schedules and documents. Oftentimes, these information are sensitive in a manner by which it can prejudice the position of the client/company should these fall into the hands of the wrong parties. Auditors are expected to handle these information in a professional fashion.

Client information or data (other than those obtained through interviews) usually come in the form of physical documents or electronic files. Electronic files are normally transferred between terminals via electronic media like floppy disks, CD’s, and USB flash drives.

Continue reading Auditor and Technology; Importance of Data Security