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BOA GUIDELINES PROVIDE ADDITIONAL RULES ON CPA ACCREDITATION AND CERTIFICATE OF COMPILATION SERVICES

The BoA issued Resolution 68-2016 prescribing additional rules on the CPA in Commerce and Industry Accreditation and the preparation of the Certificate of Compilation Services prescribed in BoA Resolution 03-2016. The more important guidelines include the extension of the deadline for the submission by the CPA of their accreditations for accreditation to April 30, 2016;

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NEW PRC CHAIRMAN APPOINTED

NEW PRC CHAIRMAN APPOINTED President Benigno Aquino III appointed lawyer Teofilo Pilando Jr as chairperson of the Professional Regulation Commission (PRC). Palace Communications Secretary Herminio Coloma Jr confirmed on Thursday, March 3, that Pilando was named PRC head effective February 29. Pilando is the Deputy Executive Secretary for General Administration in the Office of the

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Summary of the Latest BoA Resolutions

BoA Resolution No. 2016-03 : Resolution Requiring Certificate by the CPA BoA Resolution No. 2015-295 : Resolution Requiring the Accreditation of all Partners and CPA Staff Members or Partnerships or Firms BoA Resolution No. 2016-02 : Resolution Requiring the Submission of Engagement Reports BoA Resolution No. 2016-05  BoA Resolution No. 2015-244 : Quality Assurance Review Download Download

REVISED QAR RULES RELEASED

It will be a matter of time when the long litigated and delayed Quality Assurance Review (QAR) of the Board of Accountancy will soon be implemented. BoA Resolution 244-2015 was released providing for the revised rules on the QAR that will replace the disputed Resolution 23-2010, which was the subject of an injunction case filed

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