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5. What do you understand by peer review? Do you want to adopt it here...

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5. What do you understand by peer review? Do you want to adopt it here in the Philippines? Why and why not? 6. Josephine Bartolome passed the CPA board examination recently. She topped the board with a rating of 94%. She graduated as summa cum laude. She is teaching basic accounting subjects in her alma mater. If you were the personnel-in-charge at SGV & Co., what occupational rank are you going to give her if she can be drawn away from the academe and join the field of auditing? Explain your answer in the light of GAAS no. 1 or GAS no. 1

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