Dear Respondents:

We, senior students under the degree of Bachelor of Science in Accountancy at Polytechnic
University of the Philippines (PUP), are currently working on a thesis entitled "The Level of
Awareness of Accounting Professors of Selected State Universities and Colleges in Metro
Manila on PRC-BOA Resolution No. 358 Series of 2016" as partial fulfillment of the subject
ACCO 4013 Internship/Thesis.

It would be a great help if you could spare a little of your time and give your support in filling up
this survey questionnaire. Your responses will be strictly confidential and will only be used for
academic research purposes. Data from this research will be reported only in the aggregate.

Thank you for your cooperation.

Researchers: Caren Y. Macado

Michae Jeanneth C. Mak
Jhon Carlo A. Mamuri
Marydel C. Mesa
Daphny A. Mogol
Cristine Mae A. Navarro
Mhaya M. Severino
Maria Angelika B. Verdad
 A Survey on

THE LEVEL OF AWARENESS OF ACCOUNTING PROFESSORS OF SELECTED

STATE UNIVERSITIES AND COLLEGES IN METRO MANILA ON PRC-BOA
RESOLUTION NO. 358 SERIES OF 2016

Name (Optional): ____________________________________________

School: ____________________________________________________

Part I. PROFILE
Direction: Please check or write your answer to the space provided.

1. Age:
[ ] From 20 up to 25 [ ] From 41 up to 45
[ ] From 26 up to 30 [ ] From 46 up to 50
[ ] From 31 up to 35 [ ] From 50 and above
[ ] From 36 up to 40

2. Gender:
[ ] Male [ ] Female

3. Civil Status:
[ ] Single [ ] Widow/widower
[ ] Married [ ] Others (please specify)_________

4. Highest Educational Attainment:

[ ] Bachelor's Degree [ ] Doctorate Units
[ ] Master's Units [ ] Doctorate Degree
[ ] Master's Degree [ ] Others (please specify) _________

5. Employment Status:
[ ] Full time [ ] Part time

6. Length of Service:
[ ] 1 year and below [ ] From 16 years up to 20
[ ] From 2 years up to 5 years [ ] From 21 years up to 25 years
[ ] From 6 years up to 10 years [ ] From 26 years up to 30
[ ] From 11 years up to 15 years [ ] From 31 years and above

7. Subjects Handled:
[ ] Accounting [ ] Management Advisory Services
[ ] Auditing [ ] Finance
[ ] Taxation [ ] Others(please specify)__________
[ ] Business Law
Part II. LEVEL AWARENESS

Instructions: Please check the corresponding column that shows your awareness with the
following statements:

Legend:
1 Not at all aware
2 Slightly aware
3 Somewhat aware
4 Moderately aware
5 Extremely aware

A. COMPETENCE AREA
5 4 3 2 1
TECHNICAL COMPETENCE
1.Standards Applicable to Professional Practice
which includes but not limited to the following:
a.Current and recent issuance of the respective area of practice of
the profession, e.g. those from the standardsetting bodies on:
Financial Accounting and Reporting
Assurance & Auditing;
Related practice statements & interpretations; and
Pronouncements related to Taxation, depending on area of
practice of the professional

b.IFAC Pronouncements issued through IFAC member bodies

2.Laws, Rules & Regulations affecting Professional Practice
which includes but not limited to:
a.Issuances of government/regulating bodies,
such as, but not limited to,
Professional Regulation Commission and Board of
Accountancy (which covers provisions of the Philippine
Accountancy Act & IRR, new
resolutions and regulations issued by PRC & BOA, andother
issuances pertaining to registration, licensing & professional
regulatory regimes)
Securities and Exchange Commission, Bangko Sentral ng
Pilipinas, Insurance Commission, Bureau of Internal Revenue,
Cooperative Development Authority
Commission on Higher Education and Department of Education
Commission on Audit, Department of Budget and Management
Civil Service Commission, for CPAs in government sector

b.ASEAN and other international treaties

affecting the practice of Filipino CPAs.
c.Other laws and regulations that govern different forms of legal
entities.
3.Environment of the Practice which includes Frameworks,
models, best
practices, benchmarks, information technology advances,tools & tech
niques espoused by professional & other organizationsthat affect the
operations & management of clients & business entitiesof the
professional.
 PROFESSIONAL SKILLS
1.Professional development activities that enhance
the CPAs intellectual, interpersonal, communication,
personal and organizational skills, which includes but not limited
to:
a. Oral & written communication
b. Presentation, negotiation & facilitation skills
c. Teamwork enhancement
d. Personality & social graces
e. Decision making, leadership, management & supervision
f. Conflict resolution, cultural immersion programs, language
learning programs, time and resources management, work or process
innovations and problem solving skills
g. For CPAs in the Education Sector, teaching
techniques and other educationrelated CPD learning activities
PROFESSIONAL VALUES, ETHICS AND ATTITUDES
a. Code of Ethics for Professional Accountants
b. Quality standards based on issuances of bodies affecting the
professional practice
c. Governance principles and intervention
d. Social responsibility, principles and interventions

B. REQUIRED CPD CREDIT UNITS WITHIN A COMPLIANCE PERIOD

5 4 3 2 1
Increasing the required Continuing Professional Development (CPD)
units from sixty (60) to one hundred twenty (120) credit units within
a compliance period of three (3) years for all Certified Public
Accountants (CPAs)

C. MATRIX OF CPD ACTIVITIES

PROGRAM/ACTIVITY CREDIT UNITS 5 4 3 2 1
1. PROFESSIONAL TRACK (TRAINING OFFERS BY ACCREDITED CPD
PROVIDERS, Face to face/ online)
1.1 As Participant Approved credit units for the
program
1.2 As Resource Speaker 3 credit units per hour
1.3 Panelist/Reactor 2 credit units per hour
1.4 As Facilitator/Moderator 1 credit unit per hour
1.5 CPD Monitor Twice the number of approved
credit units for the Program
1.6 In-service Training/ on-the- Maximum of 20 credit units for a
job training 12-month period or a fraction
thereof upon completion
2. ACADEMIC TRACK (must be applied within 5 years after completion)

2.1 Masters Degree or Full credit units for Compliance

equivalent Period Upon Completion of
Degree
2.2 Doctorate Degree or Full credit units for Compliance
equivalent Period Upon Completion of
Candidacy

2.3 Professional Chair
2.4 Residency/
Externship/Speciality/Sub-
speciality Program
2.5 Fellowship Grant
2.5.1 Participant
2.5.2 Resource Speaker
2.5.3 Researcher
2.6 Post- graduate
Diploma/Certificate
3. SELF-DIRECTED (Training Offered by Non-accredited CPD Providers, Face to
face/Online)
3.1 As Participant
3.2 As Resource Speaker
3.3 Panelist/Reactor
3.4 As Facilitator/Moderator
3.5 In-service Training/ on-the- Maximum of 20 credit units for a
job training
3.6 Program/Training Module
Development
3.7 Technical Paper
3.8 Article Published in a Refereed/Peer Reviewed Professional Journal
3.8.1 Author/s
3.8.2 Peer Reviewer
3.9 Pamphlet/Book or Monograph
3.9.1 Author/s
3.9.2 Editor
3.10 Magazine/ Newspaper
Articles relevant to the topics in
the Competence Areas
3.11 Inventions
Additional full credit units for
Compliance Period Upon
Completion of Degree
15 credit units per year
10 credit units per year
2 credit units per grant
4 credit units per grant
5 credit units per grant
Maximum of 30 credit units for
an 18-month period or a fraction
thereof upon completion
Credit units for the program as
evaluated by the CPD Council
3 credit units per hour
2 credit units per hour
1 credit unit per hour
12-month period or a fraction
thereof upon completion
10 credit units per complete set of
module
5 credit units per Technical Paper
(for Published Paper, see 3.8)
Local, 10 credit units
International, 10 credit units
For multiple authors, divide
credit units equally among them
2 credit units per article
20 credit units for single author
for Pamphlet (less than 100
pages)
40 credit units for single author
for Book or Monograph (more
than 100 pages)
For multiple authors, divide
credit units equally among them
Maximum of 20 credit units
Maximum of 5 credit units per
Article,
For multiple authors, divide
credit units equally among them
Full credit units for Compliance
Period
3.12 Study Tours/ Visits 2 credit units per day (max of
20credit units/tour)
3.13 Consultancy (eg. Technical
1 credit unit per hour
Meetings/ Accreditation and
other activities as per request of
an institution, etc.)
3.14 Socio-Civic Activities 1 credit unit per hour
(eg.Medical Mission, Outreach
Programs, etc.)
3.15 Recognition/Title (eg. Full credit units for compliance
Fellows, Hall of Fame Award, period
Outstanding Professional,
Lifetime Achievement Awardee,
etc.)
4. SUCH OTHER ACTIVITIES TO BE RECOMMENDED BY THE CPD COUNCIL
AND APPROVED BY THE BOARD AND THE COMMISSION
III. Problems Encountered and Proposed Solutions in Compliance with CPD Program
Instruction: Please check the corresponding bracket that shows your degree of agreement with
the following statements.
Legend:
5- Strongly Agree (SA)
4- Agree (A)
3- Undecided (U)
2- Disagree (D)
1-Strongly Disagree (SD)
What are the problems encountered and possible solutions in compliance with the CPD program?

A. Problems encountered
5 4 3 2 1
1. Conflict in schedule with other professional activities is an
important factor to consider in determining what kind of CPD
activities I will engage in.
2. Difficulty in absorbing contents of CPD activities makes me
hesitate in attending further activities offered
3. The high cost of CPD activities hinders my attendance in CPD
activities.
4. Dissatisfaction or discontent with previous CPD activities
attended, tends to lead my decision of not complying with CPD
activities.
5. The length of time required to complete CPD activities
prevents my attendance in seminars or workshops offered by
CPD providers.

B. Possible Solutions

5 4 3 2 1
1. As a professional accountant who does not have a flexible
schedule, web-based learning which is increasing in popularity to
CPAs is of great help to me
2. The development of a planned system of evaluation enable to
gauge the demonstrable impact of CPD activity to my
performance.
3. The advancement of funding and grants by my employer can
support my compliance with CPD activities
4. The encouragement of more CPD providers can increase my
choices to better select providers that can satisfy CPD requirement.
5. Elimination of unnecessary topics by CPD providers and
focusing only on important topics can help me to easily comply
with the requirements of CPD.