REPUBLIC OF THE PHILIPPINES

PROFESSIONAL REGULATION COMMISSION

To: Atty. Maria Liza M. Hernandez

OIC, Standards and Inspection Division

From: Hon. Joel L. Tan-Torres

Chairman, Board of Accountancy

Re: Strict Compliance with the CPD credit units

Date: February 9, 2015

1. As discussed by the Board of Accountancy, the rules

prescribed in the Board of Accountancy Resolution 59 Series of
2012 shall be strictly applied for applications received
beginning January 2015. In particular, these shall cover
compliance with the required units for each and every one of
the five thematic areas, and the minimum required number of
60 units which can be earned in the year of application and/or
any of the three years preceding. Other requirements, such as
the three (3) years of meaningful experience and the
prescribed documentation requirements shall also be complied
with. Only applications that fully comply with these
requirements will be submitted to the Board of Accountancy.

2. For applications received prior to January 2015 that are

still pending before the Board of Accountancy and which are
found to be deficient, the Standards and Inspection Division
shall communicate to the applicant the deficiencies for
compliance/completion thereof. In case the deficiency pertains
to the failure to complete the required units in the thematic
areas, the Standards and Inspection Division shall require the
completion of an undertaking/sworn declaration that the
applicant commits to complete the lacking thematic units not
later than June 30, 2015.
 REPUBLIC OF THE PHILIPPINES
PROFESSIONAL REGULATION COMMISSION

3. Upon receipt of the accomplished undertaking, the

application papers can be processed and if approved, the
Board of Accountancy Resolution

containing the name of the concerned applicant can be

released. However, the Certificate of Accreditation will be
retained by the Standards and Inspection Division and will only
be released after the applicant will present documents that will
show completion of the remaining requirements on or before
June 30, 2015.
 REPUBLIC OF THE PHILIPPINES
PROFESSIONAL REGULATION COMMISSION

REPUBLIC OF THE PHILIPPINES)

CITY OF MANILA ) S.S.

AFFIDAVIT OF UNDERTAKING

I, _______________, of legal age, Filipino, and a resident of

___________________________, after having been duly sworn in accordance
with law hereby depose and state that:

1. I have filed an application for accreditation in the practice

of public accountancy/accounting education on
________________;

2. I undertake to complete my deficiency in the number of

units mandated in the thematic distribution of CPD in the
Board of Accountancy Resolution No. 59, Series of 2012 on
or before June 30, 2015;

3. I am executing this affidavit to attest to the truth and

veracity of the foregoing statements for whatever legal
purpose it may serve;

4. AFFIANT FURTHER SAYETH NAUGHT.

________________________
Affiant

SUBSCRIBED AND SWORN to before me this ______day of ______

2015, at Manila Philippines, affiant exhibiting to me his/her
____________issued on ____________at______________.

NOTARY PUBLIC
 REPUBLIC OF THE PHILIPPINES
PROFESSIONAL REGULATION COMMISSION

Doc. No._______
Page No._______
Book No._______
Series of 2015