Updated Deadlines for Compliance with BOA Requirements

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Due to the requests of various stakeholders and the need to issue clarificatory and implementing guidelines, the deadlines for the following have been or will be extended or retained:

  • For filing of application of accreditation of CPAs in Commerce and Industry (pursuant to Resolution 03-2016); Partners and CPA Professional Staff of Accounting Firms/Partnership (pursuant to Resolution 295-205); Accounting teachers (pursuant to Resolution 01-2016)
    Deadline is April 30, 2016

  • For completing CPD requirements covered by an Affidavit of Undertaking by CPAs in Commerce and Industry and Partners and CPA Professional Staff
    Deadline is June 30, 2016
  • For completing CPD requirements covered by an Affidavit of Undertaking by Accounting Teachers
    Deadline is July 30, 2016
  • For submission of Engagement Reports for 2015 engagements (pursuant to Resolution 02-2016)
    Deadline is June 30, 2016
  • For submission of FS to external auditors for the conduct of their audit of said FS
    Deadline shall be two (2) months afer the close of the accounting period/year.

NOTE: The submission of Certificate of Compilation Services for the preparation of the FS as rendered by an Accredited CPA shall be for FS ending on June 30, 2016 and all subsequent periods/years.


Disclaimer: Opinions expressed in this article are that of the author and information provided are for general conceptual guidance for public information and are not substitute for expert advice. Contact support@philcpa.org for more information and if you want to avail professional services. Find us on Facebook!


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The function of the Board of Accountancy is to supervise and regulate the practice of accountancy and to implement the provisions of Republic Act No. 9298, otherwise known as the Philippine Accounting Act of 2004. For more information, contact boa.secretariat@gmail.com

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