Author Archives: BOA Admin

OPERATIONAL GUIDELINES ON CPD RELEASED

The Board of Accountancy has published Resolution No. 254, Series of 2017 also known as the Operational Guidelines in the implementation of Republic Act 10912 (Continuing Professional Development Law) last July 22, 2017 at the Philippine Daily Inquirer, page F2 to F3 under Classified Ads. This operational guideline is effective fifteen (15) days after its

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JOIN THE SMP SUMMIT ON MAY 9 & 10 AND HEAR THE MAJOR PRONOUNCEMENTS AFFECTING SMPs FROM THE BOARD OF ACCOUNTANCY

This summit/seminar of Professional Regulatory Board of Accountancy (BoA) focuses on concerns of the Small Medium Practice (SMP). The topics include current updates on the Board of Accountancy programs, including Quality Assurance Program, Continuing Professional Development, Compilation Certification. It will also dwell on practice opportunities for the SMP, including, overseas practice, value-added services and the

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COURT SUSTAINS COMPILATION RESOLUTION 3-2016

The Regional Trial Court of Manila (Branch 27) issued an order denying the various petitions for the issuance of a writ of preliminary prohibitory injunction on the implementation of BoA Resolution 3-2016 on the Certificate of Compilation Services. These petitions, numbered as Civil Case No. 16-137284, were filed by fifty two petitioners (New Excelsior General

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BoA RESPONSE TO BIR RMC 16-2017

The BoA resolutions on compilation certification continue to be effective for CPA compilers, who are under the jurisdiction of the Board of Accountancy. This requirement is legally allowed under the Accountancy Law and the attachment of the Certification as part of the audited Financial Statements (and not the Income tax return) is the one prescribed

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PRC AND BOA OFFICE OPENS IN PICC

The Professional Regulations Commission now has an extension office in the Philippine International Convention Center (PICC in Roxa Boulevard. The Secretariat of the Professional Regulatory Boards, including that of the Board of Accountancy and the International Affairs Division (IAD) have transferred its offices to PICC. Papers addressed to the BoA can be sent to the

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DEBIT CREDIT COLUMN IS ONE YEAR OLD

After one year of being featured every Monday in the Business Mirror newspaper, the Debit Credit column continues to be followed and supported by accountants. The “Debit Credit” newspaper column was launched  on September 21, 2015. This column accepts articles  from the stakeholders in accountancy profession ” “The first article in our column discussed the

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