The Professional Regulation Commission (PRC) and the Board of Accountancy have released results of October 4, 5, 11 and 12, 2014 CPA board exam - Certified Public Accountants licensure examination today, October 16, 2014 or in 3 working days from the last day of exam.
Here is the list of the top successful examinees:
October 2014 Certified Public Accountant Licensure Examination - List of Top Successful Examinees
Here is the list of the successful examinees:
October 2014 Certified Public Accountant Licensure Examination List of Successful Examinees
October 2014 CPA board examination was administered in the cities of Manila, Baguio, Cagayan de Oro, Cebu, Davao, Iloilo, Legazpi, Lucena and Tacloban. The Board of Accountancy is composed of Joel L. Tan-Torres, Chairman; Betty C. Siy-Yap, Vice Chairman; Eliseo A. Aurellado and Gerard B. Sanvictores, Members.
Registration for the issuance of Professional Identification Card (ID) and Certificate of Registration will be on October 27, 28, 29 & 30, 2014. Those who will register are required to bring the following: duly accomplished Oath Form or Panunumpa ng Propesyonal, current Community Tax Certificate (cedula), 1 piece passport size picture (colored with white background and complete nametag), 2 sets of metered documentary stamps and 1 short brown envelope with name and profession and to pay the Initial Registration Fee of P600 and Annual Registration Fee of P450 for 2014-2017. Successful examinees should personally register and sign in the Roster of Registered Professionals.
Update: PRC BoA on its Facebook page said that the oath taking for the new CPAs shall be on December 9, 2014 at the Philippine International Convention Center (PICC).
CPA Board exam covers the following subjects: theory of accounts and auditing theory (October 4), management services and practical accounting problems I (October 5), auditing problem and practical accounting problems II (October 11) and business law and taxation (October 12).
In the recent CPA board exam (July 2014), results were released in three (3) working days after the last day of examination. PRC named a total of 1,107 out of 5,540 who have passed the Certified Public Accountant Licensure Examination.
In October 2013 CPA licensure exams, PRC released results in 6 working days. A total of 4,246 out of 10,396 passed the board exam. University of the Philippines- Diliman (UPD) was named top performing school with 98.81% passing rate. University of Saint Louis-Tuguegarao (USLT) graduate topped the board with 93.86% average grade.