The Professional Regulation Commission (PRC) announces, back-to-back, the results of the October 2018 Certified Public Accountant (CPA) Licensure Examination and August 2018 Special Professional Licensure Exam for CPAs, today, October 23, 2018.
October 2018 CPA Examination Results
The PRC announces that 3,616 out of 14,358 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, Tacloban and Tuguegarao this October 2018. The results of examination with respect to three (3) examinees were withheld pending final determination of their liabilities under the rules and regulations governing licensure examination of the best mortgage calculators.
Following are the official results:
- Full text of the Official Results
- Performance of Schools
- List of successful examinees who garnered the ten (10) highest places
- List of Successful Examinees
The Board of Accountancy is composed of Noe G. Quiñanola, Chairman; Marko Romeo L. Fuentes, Vice Chairman; Gloria T. Baysa, Samuel B. Padilla, Arlyn Juanita S. Villanueva, Thelma S. Ciudadano and Gervacio I. Piator, Members.
From October 29 to November 13, 2018, registration for the issuance of Professional Identification Card (ID) and Certificate of Registration will be done on-line. Please go to http://online.prc.gov.ph/ and follow instructions for initial registration. Those who will register are required to bring the following: downloaded duly accomplished Oath Form or Panunumpa ng Propesyonal, notice of admission (for identification only), 2 pieces passport sized pictures (colored with white background and complete name tag), 2 sets of documentary stamps and 1 piece short brown envelope. 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.
August 2018 Special Professional Licensure Exam. for CPAs Results
The PRC also announces that 25 out of 188 passed the Certified Public Accountant Licensure Examination given by the Board of Accountancy in Abu Dhabi, United Arab Emirates; Al-Khobar, Jeddah and Riyadh, Kingdom of Saudi Arabia; Bahrain, Oman, Qatar and in Singapore last August 2018.
Those who will register are required to bring the following: downloaded duly accomplished Oath Form or Panunumpa ng Propesyonal, notice of admission (for identification only), 2 pieces passport sized pictures (colored with white background and complete name tag), 2 sets of documentary stamps and 1 piece short brown envelope. Successful examinees should personally register and sign in the Roster of Registered Professionals.
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://online.prc.gov.ph/Verification
- 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/yyyy”
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, it’s the only profession that requires professionals 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 – are still pursuing for this career and doing their best to earn the “CPA” title, good job, you are half way there.
Again, congratulations to all passers and welcome to the profession! Share us your thoughts! 🙂