SR yflt \ es ANG ry a Republic of the Philippines Professional Requlation Commission Manila 2 < PROFESSIONAL REGULATORY BOARD OF ACCOUNTANCY Resolution No. Series of 2016 PRESCRIBING REVISED APPLICATION FORMS, DOCUMENTARY REQUIREMENTS, AND NEW FEES FOR THE ACCREDITATION OF CERTIFIED PUBLIC ACCOUNTANTS (CPAs) IN: a) PUBLIC PRACTICE (FIRMS AND INDIVIDUAL PARTNER AND STAFF MEMBER) b) EDUCATION PRACTICE (ACCOUNTING TEACHER) AND c) COMMERCE AND INDUSTRY PRACTICE WHEREAS, Section 9 (a) Article I of Republic Act No. 9298, otherwise known as Philippine Accountancy Act of 2004, mandates the Professional Regulatory Board of ‘Accountancy (Board) to supervise the registration, licensure and the practice of accountancy in the Philippines; WHEREAS, Sections 28 and 31 of the same law and Annex B of Resolution No. 2004- 71 or the Rules and Regulations of R. A. No. 9298 provide for the requirements and procedures in the accreditation of individual Certified Public Accountants (CPAs), Firms and Partnerships of CPAs engaged in the practice of public accountancy; WHEREAS, Board Resolution No. 2015-295 requires all CPAs in public practice, including the individual partners and CPA staff members in accounting firms/partnerships, to apply for accreditation with the Board and the Commission; WHEREAS, Board Resolution No. 2008-88 prescribes the rules and regulations in the accreditation of accounting teachers by the Board and the Commission. The same Resolution likewise states that any tenured/full time/full load faculty member who does not meet the accreditation requirements provided thereunder may be issued a Provisional Accreditation which shall be valid for a period not exceeding three (3) years unless earlier withdrawn, revoked or cancelled; WHEREAS, Board Resolution No. 2016-01 imposes a moratorium on the implementation of the Continuing Professional Development (CPD) requirement for the accreditation of accounting teachers until July 31, 2016; WHEREAS, Board Resolution No. 2016-03 sets forth the rules and regulations on the submission of the Certificate of Compilation Services on the preparation of Financial Statements and Notes thereto; WHEREAS, Board Resolution No. 2016-06 prescribes the application forms and corresponding lists of requirements for accreditation of CPAs in public practice, in education practice and commerce and industry practice; WHEREAS, there is a need to introduce modifications/adjustments in the application forms, documentary requirements and fees in order to effectively implement the above stated Resolutions. NOW THEREFORE, the Board has RESOLVED, as it so RESOLVES, to prescribe revised application forms, documentary requirements and new fees for the accreditation of CPAs in public practice (firms and individual partner and staff member), education practice (accounting teacher) and commerce and industry practice. a nyar® > S P PAREDES ST, CORNER N. REYES ST, SAMPALOC, MANILA, PHILIPPINES, 1008 qe PO. BOX 2038, MANILAPRESCRIBING REVISED APPLICATION FORMS, DOCUMENTARY REQUIREMENTS, AND NEW FEES FOR THE ACCREDITATION OF CERTIFIED PUBLIC ACCOUNTANTS (CPAs) IN: a) PUBLIC PRACTICE (FIRMS AND INDIVIDUAL PARTNER [AND STAFF MEMBER) b) EDUCATION PRACTICE (ACCOUNTING TEACHER) ‘AND ) COMMERCE AND INDUSTRY PRACTICE. Section 1. Accreditation of Individual CPA or Firm or Partnership of CPAs in the Practice of Public Accountancy. All applicants for accreditation as Individual CPA or Firm or Partnership of CPAs in the practice of public accountancy shall accomplish the prescribed Application Form (Annex “A") and submit all the documentary requirements listed therein The accreditation fee for Individual CPA is One Thousand Five Hundred Pesos (P1,500.00). While the accreditation fee for Firm or Partnership of CPAs is two thousand pesos (P2,000.00). Section 2. Accreditation of Individual Partner and Staff Member of Firms or Partnerships of CPAs in the Practice of Public Accountancy.- All applicants for accreditation as individual partner and staff member of Firms or Partnerships of CPAs in the practice of public accountancy shall accomplish the prescribed Application Form (Annex “B") and submit all the documentary requirements listed therein. The accreditation fee of individual partner is One Thousand Five Hundred Pesos (1,500.00) and the accreditation fee of each staff member is Three Hundred Pesos (P300.00). Section 3. Accreditation as Accounting Teacher. — All applicants for accreditation in education practice as accounting teacher shall accomplish the Application Form (Annex “C”) and submit all the documentary requirements listed therein. The accreditation fee for accounting teacher is One Thousand Five Hundred Pesos (1,500.00) Further, the Board shall no longer issue Provisional Accreditation Section 4. Accreditation in Commerce and Industry Practice. — All applicants for accreditation in commerce and industry practice shall accomplish the Application Form (Annex “D") and submit all the documentary requirements listed therein The accreditation fee in commerce and industry practice is One Thousand Five Hundred Pesos (P1,500.00). Section 5. Validity of the Certificate of Accreditation. - The Certificate of Accreditation is valid for three (3) years, subject to renewal, upon compliance with the documentary requirements. This Resolution, together with its Annexes, shall take effect immediately after its full and complete publication in the Official Gazette or in any newspaper of general circulation in the country. Copies hereof shall be furnished the Board, Office of the Board Secretary, Standards and Inspection Division, all Regional Offices and other involved offices/divisions/units of the Commission for information and guidance. Done in the City of Manila, Philippines, this 4th_day of April 2016. \- bt 4PRESCRIBING REVISED APPLICATION FORMS, DOCUMENTARY REQUIREMENTS, AND NEW FEES FOR THE ACCREDITATION OF CERTIFIED PUBLIC ACCOUNTANTS, (CPAs) IN: a) PUBLIC PRACTICE (FIRMS AND INDIVIDUAL PARTNER ‘AND STAFF MEMBER) b) EDUCATION PRACTICE (ACCOUNTING TEACHER) ‘AND c) COMMERCE AND INDUSTRY PRACTICE PA JOELL. TAN-TORRES Chairman GLORIA T. tea Vice-Chairman GERARD B. SANVICTORES SAMUEL B. PADILLA Member Member Wo See CONCORDIO S. QUISAOT ELISEO A. AURELLADO Member Member .YN S. VILLANUEVA Member Attested by: Xuke Lo Botta ATTY. LOVELIKA T. BAUTISTA Officer-in-Charge Office of the Secretary of the Professional Regulatory Boards Approved by: nee L TEOFILO S. PILANDO, Jr. Chairman . ANGELINE T. CHUA CHIACO Commissioner Commissioner VATE OF PuBLIALIUN IN TH Pe eeneg eerteetsceeteeeatee SAEAKIUN GI He TSPIATCCIYDRIATULTTILTEIERZIMLMHmih OFFICIAL (GazeTre) : NoN WY PATE OF EFFECTIVITYANNEX A APPLICATION FORM ACCREDITATION OF INDIVIDUAL CPA / FIRM / PARTNERSHIP OF CPAs IN THE PRACTICE OF PUBLIC ACCOUNTANCY Date Filed CO Initiat OC Renew: ae Part Personal information: Name of Individual CPA/Firm/Partnership: Cat of Reset Hobe (or Renew | Compete Adress of Principal Offce |TelNumber Cell Number: ] Email Address | | Correspondent Relationship with Foreign CPA/Accounting Firms, if any: ae ‘Name of Foreign Firm Name of Foreign Country Nature and Extent of Relationship ‘Changes in the Firm/Partnership from Last Regi [Part il Acknowledgment: Ei aaa THEREBY CERTIFY that the above information writen by me are tue | SUBCRIBED AND SWORN to before me this ‘day of | and corectto the best of my knowledge and bee. | futher 20 at affant Apotcant authorize PRC ard other agencies to investigate the authentcty | exhibited to me hsher vaid goverment issued 1D ofa he documents presented issued at on “Sonate faopicant SC HennEann | i (Notary Pubic) | | Par ill Action Taker a Registration Division Legal Division: (veto! Lars) (Gerace ofna decoy wo) Cash Division: ‘Standards & Inspection Division: Z ‘Amount: OR. No. Processed by Date — Issued by Date Reviewed by: eae | ATTY. MARIA LIZA M. HERNANDEZ | OIC, Standards & Inspection Division aa ACTION BY THE BOARD OF ACCOUNTANCY | OT Approves C1 disapproved assis EEE | Chairman Vice Chairman | Member Member Member Member | | Member Member | Date: Assigned Accreditation No (for Initial) | J x) eePROCEDURE FOR ACCREDITATION AS INDIVIDUAL CPA / FIRM /PARTNERSHIP OF CPAs IN THE PRACTICE OF PUBLIC ACCOUNTANCY Step 1. Secure Application Form at the Standards and Inspection Division counter (Window 2) of download at www. prc.gov.ph Step 2. Fill-out Application Form Step 3. Proceed to Standards & Inspection processing window for evaluation and assessment. Step 4 Proceed to Registration Division for verification of License and Legal and Investigation Division {or notarization of application form and to secure clearance of no derogatory record. Step 5. Proceed to cashier to pay the accreditation fee P1,500 for sole practitioner and P2,000 for Firm / Partnership Step 6. Submit Application Form with all the required documents and official receipt to the Standards, land Inspection Division designated window. Step 7. Verify your application after _days from the time of submission by calling 310-1048, (Standards & Inspection Division) CHECKLIST OF REQUIREMENTS (Original and Photocopy) INITIAL : SOLE PRACTITIONER Duly accomplished Application Form (Piease notarize and affix documentary stamp inthe orignal copy) Photo copy of current Professional Identification card | Duly signed Code of Good Governance ofthe Individual CPA, Duly signed Copy of internal quality review procedures. | Duly signed Ethical and technical standards required of the practice of public accountancy | Photocopy of current Professional Tax Receipt ‘Sworn statoment by the CPA. (Please notarize and affix documentary stamp inthe original copy) | «has a meaningiu panicpation in thir respective ntoral quality reviow procoss, | «has undorgone adequate and effective training (rom organizations duly accredited by the Board or by its duly authorized representatives) onal te current accounting and auding standarcs, code of eis, laws and ther implementing rules and | ‘regulations, crculars, memoranda, ther respective codes of gaod governance and other related documents that are required | in the practice of public accountancy to ensure professional, ethical and technical standards; ‘1s of good moral’ character | | | ‘* ho/sho had not been found guity by a competent court and/or administrative body of any case invowving moral turpitude and/or unethical practices; ‘has at least three (3) years meaningful experience in any of the areas of public practice including taxation as defined in ‘Section 4 Fule 4 of the IRR of F. A. 9298. GPA Integrity Pledge Photocopy of valid National Bureau of Investigation (NBl) clearance Detailed description of work Certificate of Membership in Good Standing from the current Accredited integrated Professional Organization (AIPO) for the accountancy profession; ] Cerificates of CPD units earned |] Payment of accreditation fee. (In Cash, Postal Money Order, Manager's Check or Bank Draft payable to the Professional Regulation Commission) |] Original copy of authority to practice profession issued by employer, printed in the offcia letter head of the insttution/ageney (For Government Employee onl |] Short Brown Envelope for the Certificate of Accreditation Set of decumentary stamps. RENEWAL : SOLE PRACTITIONER Duly accomplished Application Form (Please notarize and affix documentary stamp in the original copy) Photocopy of the expired Certificate of Accreditation Photocopy of valid professional identification card Photocopy of valid National Bureau of Investigation (NBI) clearance Photocopy of current Professional Tax Receipt Corifcato of Membership in Good Standing from the current Accredited Integrated Professional Organization (AIPO) for the accountancy profession; | Certificates for CPD credit units earned; J] Payment of accreditation fee. (in Cash, Postal Money Order, Manager's Check or Bank Draft payable to the Professional Regulation Commission) | Short Brown Envelope for the Certifcate of Accreditation: J Sot of documentary stamps. - 4y MO catedINITIAL : FIRM / PARTNERSHIP {_ ] Duly accomplished Application Form (Please notaize affix documentary stamp in the original copy) [_ ] Photocopy of valid Business Permit [ ] Cenitied copy of the Certificate of Registration issued by the SEC; [ ] Centiied copy of current Articies of Partnership (Should correspond with the application form) | ] Certified copy of the documents showing the correspondent relationship, membership or business dealings with foreign CPA firmis) if any, including complete address & postal ‘address, telephone number and facsimile numbers, e-mail address and website; [| Swom statement stating that: (Please notarize and affix documentary stamp to the original copy) ‘a. the copy of the document showing the correspondent relationship membership, or business dealings with the foreign CPA is the faithful reproduction ofits original copy b. the foreign CPA is not directly or indirectty (through the Filipino CPA) engaged in the practice of public accountancy in the Philippines, except the authorized foreign CPAs under Section 34 and 35 of RA. No. 9298; and c. the rights and obligation of the parties in specific terms, |] Payment of accreditation feo. (In Cash, Postal Money Order, Manager's Check or Bank Draft payable to the Professional Regulation Commission) [ ] Short Brown Envelope for the Cerificate of Accreditation; [1 Setof documentary stamps. RENEWAL : FIRM / PARTNERSHIP Duly accomplished Application Form (Please notatize afix documentary stamp in the original copy) Photocopy of the Expired Cerificate of Accreditation Photocopy of valid Business Permit Cerified copy of the Certificate of Registration issued by the SEC; Cerified copy of current Articles of Partnership (Should correspond with the application form); Certified copy of the documents showing the correspondent relationship, membership or business dealings with foreign CPA firm\s) if any, including complete address & postal address, telephone number and facsimile numbers, e-mail address and website; [| Sworn statement stating that: (Please notarize and affix documentary stamp to the original copy) ‘a, the copy of the document showing the correspondent relationship membership, or business dealings with the foreign CPA is the faithful reproduction of its original copy b. the foreign CPA is not directly or indirectty (through the Filipino CPA) engaged in the practice of public accountancy in the Philippines, except the authorized foreign CPAs under Section 34 and 35 of R.A. No, 9298; and the rights and obligation of the parties in specific terms, [] Payment of accreditation fee. (In Cash, Postal Money Order, Manager's Check or Bank Draft payable to the Professional Regulation Commission) [ ] Short Brown Envelope for the Certificate of Accreditation; [1] Set of documentary stamps. Note: 1. Applications with incomplete documents will not be accepted. Documentary stamps are available at the PRC. customer service counters and PRC Regional Offices. 2. Rlepresentative(s fling and claiming the Certificate of Accreditation on behalf of the professional must present Special Power of Altomey (SPA) and valid proof of identification ofthe professional and the representative. " — Page 3 of 3 |ANNEX B Professional Regulation Commission APPLICATION FORM ACCREDITATION OF INDIVIDUAL PARTNER! STAFF OF FIRMS/ PARTNERSHIP OF CPAs IN THE PRACTICE OF PUBLIC ACCOUNTANCY Onitial 1 Renewal Date Filed: Reference No. Part | Personal Information : [ ‘Name of individual Partner / Staff cense Number Cart. of Accreditation Number (for Renewal) | Name of individual CPA Firm / Partnership: ‘Accreditation Number Position in the Firm cee ‘Complete Address of Prncizal Office Tel No. Fax Number: Cal Number Email address: Part Acknowledgment: | HEREBY CERTIFY that the above information written by me SUBCRIBED AND SWORN to before me this __ are true and correct to the best of my knowledge and belief. || Gay of 20 ‘at ~affiant further authorize PRC and other agencies to investigate the Sea te Taaovernnar URSER ate Geant oeemied Appel eaiied to ma Kiahar vail government Insued Signature of Applicant Date (Notary Public) Part iil Action Taken: Registration Division Legal Division (Veriction of License) (Clearance of no derogatory record) Cash Division ‘Standards & Inspection Division = Amount OR. No. Processed by Date Issued by: Date Reviewed by: ATTY. MARIA LIZA M. HERNANDEZ ‘OlG, Standards & Inspection Diviston TION BY INTANGY O pproves 1 disapproved ‘Chairman Vice Chairman Member Member Member Member Member Member Date Assigned Accreditation No (oi) Gus Page 1 of 3 a ntPROCEDURE FOR ACCREDITATION OF INDIVIDUAL PARTNER] STAFF OF FIRMS/ PARTNERSHIP OF CPAs IN THE PRACTICE OF PUBLIC ACCOUNTANCY Step 1. Secure Application Form at the Standards and Inspection Division counter (Window 2) or download at www.prc.gov.ph. Step 2. Fill-out Application Form. Step 3. Proceed to Standards & Inspection processing window for evaluation and assessment. Step 4 Proceed to Registration Division for verification of License and Legal and Investigation Division for notarization of application form and to secure clearance of no derogatory record. Step 5. Proceed to cashier to pay the accreditation fee of P1, 500 for individual partner and P300 per staff member. Step 6. Submit Application Form with all the required documents and official receipt to the Standards and Inspection Division designated window. Step 7. Verify your application after days from the time of submission by calling 310-1048 Standards and Inspection Division). CHECKLIST OF REQUIREMENTS (Original and Photocopy) INITIAL : INDIVIDUAL PARTNER ] Duly accomplished Application Form (Please notarize and affix documentary stamp inthe original copy) ] Photocopy of CPA Board Ceticata 1. Photocopy of curent PRC 1D; | Code of Good Governance of CPA Fim or Partnerships (Duly signed by the Managing Partner) 1 Copy of internal quay review procedures (Duly signed by the Managing Partner) ] Ethical and technical standards required of the practice of pubic accountancy |] Swom statement by the CPA, stating that he/she: (Please notarize and atx documentary stamp in the original copy) «has a meaningful participation in ther respecive internal qualty reviow procoss; + has undergone adequate and offeciv training (rom organizations duly accredited by the Board or by its duly authorized representatives) on all the current accounting and avaling standards, code of ethics, laws and their implementing rules and regulations, circulars, memoranda, their respective codes of good governance and other related documents that are required inthe practice of public accountancy o ensure professional, ethical and technical standards; «is of good moral character ‘he/she had not been found guilty by @ competent court and/or administrative body of any case involving moral turpitude ‘and/or unethical practices; «has atleast threo (3) years meaningful experience in any of the areas of public practice including taxation as defined in ‘Saction 4 Rule 4 of the IRR of R. A. 9298 1 Swom statement from the Managing Partner which includes among others a statement that a partner has submitted hisher NBI Clearance, Diploma, Professional Tax Receipt (PTR), Transcript of Records to the Firm and those are in custody ofthe latter (or Partners other than the managing partner) {Detailed description of work experience (data should include name of company, positon, dues and responsibilies and date of ‘amployment}; 1.1. Cortate of Membership in Good Standing fom the curent Accredited Integrated Professional Organization (AIPO) for the accountancy profession; [1 Certicates for CPD credit units eamed (Affidavit of Undertaking is required for those with insufficient number of CPD units eamed, however must satisfy the required numbor of units on or before June 30, 2016) [ ] Copy of CPA Integrity Pledge; { ] Payment of accrediation fee. (In Cash, Postal Money Order, Manager's Check or Bank Draft payable tothe Professional Regulation Commission) { ] Short Brown Envelope forthe Certificate of Accreditation; [.]_ Setof documentary stamps. NOTE : Additional requirements for Managing Partner only: NBI Clearance and Professional Tax Receipt (PTR) RENEWAL : INDIVIDUAL PARTNER Duly accomplished Application Form (Please notarize and affix documentary stamp in the original copy) Photocopy ofthe expired Certificate of Accreditation Photocopy current PRC ID Certificate of Membership in Good Standing from the current Accredited Integrated Professional Organization (AIPO) for the accountancy profession; Cortiicates for CPD credit units eamed; Copy of CPA Integrity Pledge, Payment of accreditation fee. (In Cash, Postal Money Order, Manager's Check or Bank Draft payable to the Professional Regulation Commission) [1 Short Brown Envelope for the Certificate of Accreditation; [1 Set of documentary stamps. NOTE : Additional requirements for Managing Partner only: NBI Clearance and Professional Tax Receipt (PTR) oe eeINITIAL : STAFF MEMBER Duly accomplished Application Form (Please notarze and affix documentary stamp inthe orginal copy); Photocopy of CPA Board Cortical, Photocopy of curent PRC ID; Cateaté of Members in Good Standing fa the cent Acree trate Proessional Organization (APO) for the accountancy profession; 1 Cortteates for CPD creat units eames ( Afidavit of Undertaking is required for those with nouffcient number of CPO units eamed however must satiety the required numberof unts on or boforo June 30, 2076) 1 Duly notarized Certificate of Employment which includes among others @ statement that a staf mombor has submited his/her NBI Clearance, Diploma, Professional Tax Receipt (PTR) and Transcript of Recor 1 hishher employer and those are in custody of the later: 1 Copy of CPA Intognty Pledge: 1 Payment of aczredtation fee. (In Cash, Postal Money Order, Managers Check or Bank Draft payable to the Professional Regulation Commission 1. Short Brown Envelope forthe Certificate of Accreditation: J Setof documentary stamps. RENEWAL : STAFF MEMBER Duly accomplished Application Form (Please notarize and affix documentary stamp in the original copy) Photocopy of current PRC ID Photocopy of expired Certificate of Accreditation Certificate of Membership in Good Standing from the current Accredited integrated Professional Organization (AIPO) for the accountancy profession; Certificates for CPD credit units eamed Copy of CPA Integrity Pledge: Payment of accreditation fee. (In Cash, Postal Money Order, Manager's Check or Bank Draft payable to the Professional Regulation Commission) ] Short Brown Envolope for the Certificate of Accreditation; Set of documentary stamps. Not Applications with incomplete documents will not be accepted. Documentary stamps are available at the PRC customer service Counters and PRC Regional Offices. Representative’ fling and claiming the Certificate of Accreditation on behalf of the professional must present Special Power of ‘Attomey (SPA) and valid proof of identification ofthe professional and the representative, Page 3 of 3ANNEX C. | Professional Regulation Commission APPLICATION FORM We ACCREDITATION AS ACCOUNTING TEACHER Date Filed: CO tnitiat 2 Renewal Reference No: Part | Personal information: a ee Name of Applicant oense Number Goto siion Naber Home Address Tel No Fax Number Cel Number Ema Address ‘School where accounting degree was obtained Year Graduated Highest Degree Obtained Year Graduated ‘School Where Obtained ‘School/Educational Institution Currently Connected (Please use separate sheet if needed) Name’ Address ‘Subjects Handled or o be Handled: Part Il Acknowledgement: cea <1 THEREBY CERTIFY thal the above information writen by me | SUBCRIBED AND SWORN to before me this ‘are true and correct to the best of my knowedge and belet. || of 2 at affiant further authorize PRC and other agencies 10 investigate the | Applicant exhibited to me hisiher valid govemment issued ID ‘authenticity of all the documents presented issued at on | Signature of Applicant Date (Notary Publi) Part Ill Action Taken: Registration Divisio (Verfeaton of tess) Legal Division: (Clearance oo serogatay eco) Cash Div ‘Standards & Inspection Divisions | Amount | OR Ne. | Process by: | Date Issued by | Date = | | = Reviewed by: ATTY. MARIA LIZA M, HERNANDEZ | (ic, Standards & Inspection Division ‘ACTION BY THE BOARD OF ACCOUNTANCY | CD Approved CO Disapproved | | Chairman Vice Chairman | Member Memiber | Member Member | Member Member | Date: ‘Assigned Acoreditation No (for initial). i Page 1 of 2 ohh 0 > MtPROCEDURE FOR ACCREDITATION AS ACCOUNTING TEACHER ‘Step 1. Secure Application Form at the Standards and Inspection Division counter (Window 2) Step 2. Fill-out Application Form Step 3. Proceed to Standards & Inspection processing window for evaluation and assessment. ‘Step 4 Proceed to Registration Division for verification of License and Legal and Investigation Division for notarization of application and to secure clearance of no derogatory record. Step 5. Proceed to cashier to pay the accreditation fee of Pt 500.00. Step 6. Submit Application Form with all the required documents and official receipt to the Standards and Inspection Division designated window. Step 7. Verify your application after days from the time of submission by calling 310-1048 (Standards & Inspection Division) CHECKLIST OF REQUIREMENTS (Original and Photocopy) INITIAL ( 2016 Application Only) [J Duly accomplished Application Form (Please notarize and afftx documentary stamp in the original copy) | Duly notarized Certificate of Employment / Appointment as Faculty Member from the educational institution the. (CPA applicant is currently teaching, which includes among others a statement that he or she has submitted his/her NBI Clearance, Diploma, Professional Tax Receipt (PTR) and Transcript of Records from the accounting school where the CPA has graduated and in iis custody; ] Photocopy of updated PRC ID | Certificate of Membership in Good Standing from the current Accredited Integrated Professional ‘Organization (AIPO) for the accountancy profession [1 Coniieates for CPD credit units eared [Affidavit of Undertaking is required for those with insufficient number of CPD units eamed , hawever must satisfy the required ‘number of units an or before July 31, 2016); | Payment of accreditation fee (In Cash, Postal Money Order, Manager's Check or Bank Draft payable to the Professional Regulation Commission) ] Short Brown Envelope for the Cerificate of ‘Accreditation, | Set of documentary stamps RENEWAL | Duly accomplished Application Form (Please notarized and affix documentary stamp in the original copy) Photocopy of the Expired Certificate of Accreditation; Photocopy of updated PRC 1D Duly notarized Certificate of Employment / Appointment ‘as Faculty Member from the educational institution the CPA applicant is currently teaching which includes among others a statement that he or she has submitted hisiher NBI Clearance, Diploma, Professional Tax Receipt (PTR) and Transcript of Records from the accounting schoo! where the CPA has graduated and in its custody ; ] A'swom statement by the individual CPA that he has at least three (3) years of meaningful experience in any of the areas of the practice of accountancy with a detailed description of such work experience (attached documentary stamp): Certificate of CPD credit units earned; Payment of accreditation fee (In Cash, Postal Money Order, ‘Manager's Check or Bank Draft payable to the Professional Regulation Commission); | Short Brown Envelope for the Certificate of Accreditation; | Set of documentary stamps. Page 2 of 2 INITIAL ( 2017- onwards) [1 Duly accomplished Application Form (Please notarize ‘and affix documentary stamp in the original copy); I] Photocopy of CPA Board Certitcate: [1 Certitied copy of diploma / transcript of records of the relevant graduate degree program: [ ] Photocopy of updated PRC ID; I] Duly notarized Certificate of Employment / Appointment ‘as Faculty Member from the educational institution the CPA applicants currently teaching, which includes ‘among others a statement that he or she has submitted hissher NBI Clearance, Diploma, Professional Tax Receipt (PTR) and Transcript of Records from the accounting ‘school where the CPA has graduated and in its custody: [| Coificate of Membership in Good Standing from the current Accredited Integrated Professional Organization (AIPO) for the accountancy profession: [1 Aswom statement by the individual CPA that he has atleast three (3) years of meaningful experience in any of the areas ofthe practice of accountancy with & detailed description of such work experience (attached documentary stamp); [| Certificate of CPD units earned, [1 Payment af accrecitation fee (In Cash, Postal Money Order, Manager's Check or Bank Draft payable to the Professional Regulation Commission) []. Short Brown Envelope for the Certificate of ‘Accreditation; [.]. Set of documentary stamps. Note: 1. Applications with incomplete documents will ot be ‘accepted. Documentary stamps are available at the PRC costumer service counters and PRC Regional Offices. 2. Representative's filing and claiming the Cerificate Of registration/Accreditation on behalf of the professional must present Special Power of ‘Attomey (SPA) and valid proof of identification of the professional and the representative, - bbs i ©ANNEX D Professional Regulation Commission i APPLICATION FORM ACCREDITATION AS CPA IN COMMERCE AND INDUSTRY O tnitiat C1 Renewal Date Filed: Reference Ni Part | Personal Informatio Name of Applicant Name of Employer or Company (where the applicant is curently employed or contracted) ‘Complete Address ofthe Offce: Positon in the Company or Organization Wal Address Tel No Call No. FaxNo. Part ll Acknowledgment: THEREBY CERTIFY that the above information writen byme are | SUBCRIBED AND SWORN to before me this ‘rue and correct to the best of my knowledge and belief. | further sSrasecocees, Hay of ‘authorize PRC and other agencies to investigate the authenticity ._afflant Ap of al the documents presented. hishher valid government issued ID ss ‘issued at on Signature of Applicant Date: (Notary Public) Part ill Action Taken: Registration Division: (Veen of License) Cash Division: ‘Standards & Inspection Division: ‘Amount: ee) ass eavoteerevereveereeesevevetrereeeeere Processed by: Date Issued by: Date: Reviewed by: ATTY. MARIA LIZA M. HERNANDEZ OIC, Standards & Inspection Division ACTION BY THE BOARD OF ACCOUNTANCY 1 Approved 1 Disapproved Chairman “Vice Chairman Member Member Eorirnreees Mernbor aanieeviate “Member PreSreeeeeeE eraser aang ‘Member Date: a Assigned Certificate No.: - & 4 7) a 1of2 aaa, baatPROCEDURE FOR ACCREDITATION AS CPA IN COMMERCE AND INDUSTY PRACTICE Step 1 or download at www. pre. gov.ph Secure Application Form at the Standards and Inspection Division counter (Window 2) Step 2. Fill-out Application Form Step 3. Proceed to Registration Division for verification of License and Legal and Investigation Division for notarization of application form and to secure clearance of no derogatory record Step 4. Proceed to Standards & Inspection processing window for evaluation and assessment. ‘Step 5. Proceed to cashier to pay the accreditation fee of P1,500.00. Step 6. Submit Application Form with all the required documents and official receipt to the Standards and Inspection Division designated window. Step 7. Verify your application after days from the time of submission by calling 310-1048 (Standards & Inspection Division) CHECKLIST OF REQUIREMENTS (Original and Photocopy) INITIAL ( 2016 Application Only) [.] Duly accomplished Application Form (Please notarize and affix documentary stamp in the original copy); [| Duly notarized Certificate of Employment which includes among others a statement that he or she has submitted his/her NBI Clearance, Diploma, Professional ‘Tax Receipt (PTR) and Transcript of Records. and in its custody; [1] Detailed description of work experience (which includes a statement that the applicant is also responsible for the| preparation of FS for other companies related to his/her| employer's company indicating the name/s and address/es of the companyles, if any); Photocopy of updated PRC ID Certificate of Membership in Good Standing from the current Accredited Integrated Professional Organization (AIPO) for the accountancy profession; Certificates for CPD credit units eamed (Affidavit of Undertaking is required for those with insufficient number of CPD units eamed , however must satisfy the required ‘number of units on or before June 30, 2016); _] Payment of accreditation fee (In Cash, Postal Money Order, Manager's Check or Bank Draft payable to the Professional Regulation Commission) [_] Short Brown Envelope for the Certificate of Accreditation; LJ Set of documentary stamps. ial tl a RENEWAL Duly accomplished Application Form (Properly notarized, with documentary stamp affixed in the ‘original copy) Copy of the Expired Certificate of Accreditation Duly notarized Certificate of Employment which includes ‘among others a statement that the applicant has ‘submitted hisiher NBI Clearance, Professional Tax Receipt (PTR) Diploma, Transcript of Records to his/her ‘employer and in its custody, if any changes in employer, Detailed description of work experience, if any changes in employer (which includes a statement that the applicant is also responsible for the preparation of FS for other companies related to his/her employer's company indicating the name/s and address/es of the companyles, if any); Certificate of Membership in Good Standing from the C C + Has INITIAL (2017 - onwards) ] Duly accomplished Application Form (Properly notarized, with documentary stamp affixed in the original copy); ] Sworn statement by the CPA, stating that he/she: (Properly notarized, with documentary stamp affixed in the original copy) undergone adequate and effective training (om ‘organizations duly accredited by the Board or by its duly ‘authorized representatives) on all the currant accounting and. ‘udlting standards, code of ethics, laws and their implementing rules and regulations, circulars, ‘memoranda their respective ‘codes of good governance and other related documents fo ensure professionel, ethical and technical standards; 1s of good moral character; and Has not been found guity by any competent court and/or ‘administrative body of an offense involving meval tupitude and/or ‘any act constituting unethical practices. [ ] Photocopy of Updated PRC ID: [J Duly notarized Certificate of Employment which includes among t [ [ ‘thers a statement thatthe applicant has submitted hissher 'NBI Clearance, Professional Tax Receipt (PTR) Diploma and Transeript of Records and in its custody: | Detailed description of work experience (which includes 2 statement that the applicant is also responsible for the preparation of FS for other companies related to his/her employer's company indicating the name/s and addressles of the companyles, if any) | Certificate of Membership in Good Standing from the current Accredited Integrated Professional Organization (AIPO) for the accountancy profession; Certificates for CPD credit units earned: Copy of CPA Integrity Pledge; Payment of accreditation fee (In Cash, Postal Money Order, Manager's Check or Bank Draft payable to the Professional Regulation Commission) 1 Short Brown Envelope for the Certificate of ‘Accreditation; ] One set documentary stamp to be affixed to the Certificate of Accreditation. current Accredited Integrated Professional Organization {AIPO) for the accountancy profession; ] Photocopy of Updated PRC ID; | Cetiicates of CPD credit units eamed: ] Copy of CPA Integrity Pledge: Payment of accreditation fee (In Cash, Postal Money Order, Managers Check or Bank Draft payable to the Professional Regulation Commission} Short Brown Envelope forthe Cerificate of Accreditation One sot of documentary stamp to be afixed to the Centicate of Accreditation 1. Applications with incomplete documents will nt be accepted. Documentary stamps are available at the PRC customer service counters and PRC Regional Offices. Representatives fling and claiming the Certificate of ‘Accreditation on behalf ofthe professional must present ‘Special Power of Attomey (SPA) and valid proof of Identification of the professional and the representative. a