The October 2016 Certified Public Accountant (CPA) Board Licensure Examination given by the Board of Accountancy was held on October 1, 2, 8 and 9, 2016 in Manila, Baguio, Cagayan De Oro, Cebu, Davao, Iloilo, Legaspi, Lucena and Tacloban cities.
Finally, after more than a week of wait, the results have been released! 5,249 out of 14,390 passed the Certified Public Accountant Licensure Examination.
Please click the links below to view the results:
- List of Successful Examinees in the October 2016 CPA Board Exam
- Full text of the Official Result
- Performance of Schools
- List of Successful Examinees who garnered the ten (10) highest places
- Full text of the Official Result in the C. P. A. Licensure Examination held on September 2016 (Middle East)
- Performance of Schools in the C. P. A. Licensure Examination held on September 2016 (Middle East)
- Roll of Successful Examinees in the C. P. A. Licensure Examination held on September 2016 (Middle East)
To those who took the recently concluded CPA Board Examination:
- To those who made it – CONGRATULATIONS and welcome to the profession!
- To those who didn’t make it this time – You will make it, in God’s perfect time!
The results are announced by the Board of Accountancy via the PRC website on October 20, 2016. Following is the complete text of the announcement.
The Professional Regulation Commission (PRC) announces that 5,249 out of 14,390 passed the Certified Public Accountant Licensure Examination given by the Board of Accountancy in the cities of Manila, Baguio, Cagayan De Oro, Cebu, Davao, Iloilo, Legazpi, Lucena and Tacloban this October 2016.
The members of the Board of Accountancy who gave the licensure examination are Joel L. Tan-Torres, Chairman; Eliseo A. Aurellado, Gerard B. Sanvictores, Gloria T. Baysa, Concordio S. Quisaot, Samuel B. Padilla and Arlyn S. Villanueva, Members.
From October 26 to November 4, 2016, registration for the issuance of Professional Identification Card (ID) and Certificate of Registration will be done on-line. Please go to www.prc.gov.ph and follow instructions for initial registration. Those who will register are required to bring the following: duly accomplished Oath Form or Panunumpa ng Propesyonal, 2 pieces passport size picture (colored with white background and complete name tag) and 2 sets of documentary stamps. Successful examinees should personally register and sign in the Roster of Registered Professionals.
The date and venue for the oathtaking ceremony of the new successful examinees in the said examination WILL BE ANNOUNCED LATER.
Verification of Rating
Do you know that you can now verify your rating for those recent board exam results? Click this link, follow the instructions below.
- Go to http://www.prc.gov.ph/services/?id=41
- Select “Exam name”. For CPA, select “CERTIFIED PUBLIC ACCOUNTANT”
- Select “Exam date”
- Enter your “Application no.”
- Enter your “First name”
- Enter your “Last name”
- Enter your “Birthdate” in this format “mm/dd/yy”
Just ensure that the information you provided are exactly the same as those you provided when you applied for the examination.
On A Side Note…
Truly, Accountancy is one of the highly regulated and most dynamic profession, if we were to be asked. In fact, earlier this year, a law was passed requiring CPAs to complete 120 units of continuing professional education (CPE) credits before a professional’s license is renewed, the highest among PRC-regulated profession in the Philippines.
We understand that this is necessary, considering the rapidly changing landscape of the accountancy profession as well as the numerous changes in the standards, laws, rules and regulations that affect the practice of accountancy. However, despite of this and other requirements imposed by BOA in the practice of accountancy, Accountants’ salaries remain very low at entry level and even those who have 1 to 4 years of experience. A CPA is lucky if he got his CPE covered by his employer, but this is usually not the case.
Even those CPA’s in public practice encounter different issues and challenges in the practice of their profession (read).
So, to those who – despite of the fact that they know how hard it is to be an accountant from the beginning – still pursuing for this career and doing their best to earn the “CPA” title, good job, you are half way there.
Share us your thoughts! 🙂