certificate of compilation of financial statement Archives

Compilation Certificate and Report Templates (Updated)

Posted on February 27, 2017 by Orlando Calundan | 2 Comments

Recently, Board of Accountancy (BOA) issued Resolution No. 03, Series of 2016, requiring the attachment to the annual financial statement (FS) of a Certificate on the compilation services for the preparation of FS and notes to the FS. The Certificate shall be…

Application for accreditation of CPAs in C&I extended till December 31

Posted on April 26, 2016 by BOA Secretariat | 0 Comments

Due to persistent demand from the various stakeholders, Professional Regulations Commission (PRC) and Board of Accountancy (BoA) isssued Resolution No. 2016-115 extending the deadline for the filing of the application for accreditation for CPAs in Commerce and Industry to December…

MSME seek exemption from CPA management

Posted on April 18, 2016 by Orlando Calundan | 1 Comment

MANILA, Philippines – The Board of Accountancy (BOA) has agreed to work on the exemption of micro, small, and medium enterprises (MSMEs) from engaging certified public accountants (CPAs) to prepare and sign companies’ financial statements, the Philippine Exporters Confederation Inc.…

Accreditation application deadline for Commerce and Industry extended

Posted on February 17, 2016 by BOA Secretariat | 0 Comments

The Board of Accountancy (BoA) approved the extension of the deadline of February 29, 2015 for the filing of the application for accreditation by CPAs in Commerce and Industry (C&I) in its meeting last February 11, 2016. The accreditation of…

Forms for Accreditation of CPAs in Commerce and Industry

Posted on February 2, 2016 by Orlando Calundan | 0 Comments

The Board of Accountancy issued Resolution No. 2016-3, as discussed in our post “BOA Resolution passed requiring CPA FS preparers to submit certificate“, and subsequently issued “Q&A clarifying certain matters on CPA certification on compilation services“. With the issuance of the BoA…

Q&A clarifying certain matters on CPA certification on compilation services

Posted on January 27, 2016 by Orlando Calundan | 4 Comments

Last week, we published a post entitled “BOA Resolution passed requiring CPA FS preparers to submit certificate“, informing the public of the issuance of the Board of Accountancy (BoA) of Resolution No. 3, Series of 2016, which, among others requires…

BOA Resolution passed requiring CPA FS preparers to submit certificate

Posted on January 21, 2016 by Orlando Calundan | 40 Comments

Two (2) months ago, we wrote an article on Rules on Financial Statement Preparation now for Comments which was still for comments. Now, the Board of Accountancy has finally passed Board Resolution No. 3, Series of 2016, Requiring the Submission of Certificate by…

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