95th Anniversary @ 2018


“DEBIT CREDIT” COLUMN CALL FOR ARTICLES FOR PUBLICATION IN BUSINESS MIRROR

The “Debit Credit” newspaper column was launched in the Business Mirror on September 21, 2015. This column accepts articles from contributions from the accountancy profession and is featured every Monday in the business newspaper.

“This column is aptly called “Debit Credit,” which is the basic language or principle of all accountants. True to the character of accountants, the articles to be written for this “Debit Credit” column would present all sides of an issue to have a fair representation of a topic. The “debits” and “credits” of a subject would be threshed out in all the articles to be featured in this column “said Chairman Joel Tan-Torres.

“Our fellow accountants will be contributing articles for the “Debit Credit.” column. These articles should be of interest to the accountancy profession, in particular, and to the business community, in general. These accountants can be any of the more than 185,000 Certified Public Accountants (CPAs) registered with the Board of Accountancy. Those CPAs in the various sectors of commerce and industry, public practice, academe and government can contribute articles of interest in their particular fields. Even the junior accountants studying in the various accounting schools can also share their thoughts on relevant matters of interest,” said Chairman Tan-Torres

“The first article in our column discussed the Philippine Tax Academy which is a creation of law but has yet to be organized at this time. This Academy should be of interest to us because once this training center for our tax collectors is organized, we can expect a a more professional and capable corps of tax collectors from the BIR, Bureau of Customs, and our local government. The Department of Finance is now looking into the implementation of this measure,” said Chairman Tan-Torres.

To date, as of October 2017, over 100 articles from various accountant writers have been featured in the Debit Credit column. These articles are posted in the BoA website boa.com.ph and can be downloaded from the link https://boa.com.ph/debit-credit/.

Those interested in contributing articles for consideration for publication in the “Debit Credit” column can write articles in Word format not exceeding 600 words, double spaced. Articles exceeding 600 words can be serialized into several parts.

A short write up and 2” x 2” photo of the writer should accompany the article. This will be included in the Business Mirror posting,

Articles can be emailed to boa.secretariat.@gmail.com.

CPAs whose articles are published in the Business Mirror shall be entitle to five(5) units of CPD under the self directed category.


Accountancy@95 Tidbits

As part of the 95th Anniversary celebration of BoA and our Accountancy profession this year, the “Accountancy@95 Tidbits” is launched in the FB accounts of Accountancy95years and the PhilippineBoA. This feature consists of the posting of interesting and not too well know information about our accounting profession, its stakeholders, organizations and events that have been instrumental for the long 95 years history of our beloved profession.

All stakeholders are encouraged to post information, pictures and tidbits in the two Facebook public pages.

These postings will be compiled at the end of 2018 and published with recognition given to those who submitted the postings.

THE FIRST OF SUCH TIDBIT (DONE IN GUESS THE BEST ANSWER FORMAT) IS:

Without going to the internet to google, can you name who among these government officials is a CPA?

A.. Commission on Audit Chairman Michael Aguinaldo
B. BIR Commissioner Caesar Dulay
C. NBI Director Dante Gierran
D. DOF Secretary Carlos Dominguez

_____________________

The year 2018 marks the 95th anniversary of the establishment of the accountancy profession in the Philippines and the creation of the Board of Accountancy,

For more information about the 95th anniversary commemoration, go to https://www.facebook.com/Accountancy95years/


MRA ON THE MOVE THIS 95TH ANNIVERSARY YEAR

The Professional Regulation Commission, headed by Chairman Teofilo Pilando; Jr., the Board of Accountancy, headed by Chairman Joel Tan-Torres; and the PICPA, headed by President Zenaida Alcantara, gathered in PICC last January 11, 2018 to sign the updated Memorandum of Agreement (MOA) that defines the general framework for the implementation of the ASEAN Mutual Recognition Arrangement (MRA) for Accountancy Services. The MOA prescribes the respective responsibilities of the PRC, BoA, PICPA and the Monitoring Committee in the implementation of the MRA.

The BoA members, the directors of the PICPA National Board of Accountancy witnessed the signing.

“The detailed rules that will prescribe the application process and requirements for the ASEAN Chartered Professional Accountant (ACPA) will soon be released. Once a Filipino CPA is granted the ACPA qualification, the CPA will enjoy several advantages and benefits in his work and practice of accountancy in the ASEAN region,” said Chairman Tan-Torres.

The BoA has come up with the ASEAN AWARENESS FOR ACCOUNTANTS of the MRA” series or the “3AM series.” This is an awareness campaign on the MRA that is directed towards making the stakeholders in the accountancy profession aware of the important developments in the MRA. The BoA has been posting information materials on the MRA on its Facebook and website. Discussions on the MRA have been held in various fora and events attended by the BoA Chairman and members .

Flyers and brochures on the MRA have been published and disseminated. The Continuing Professional Development seminars and modules prescribed by BoA offer topics on the MRA. Announcements and news on the MRA shall be posted on the BoA website and various social networking accounts.

All accountants are encouraged to post questions and topics that they would want to be discussed in this 3AM series. The suggested topics or any questions on the MRA can be also be emailed to boa.secretariat@gmail.com.
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For information on the MRA and 3A series you can log in at the BoA website at https://boa.com.ph/asean-mutual-recognition-arrangement/

During the MRA MOA signing event, Chairman Tan-Torres also discussed the commemoration of the 95th anniversary celebration of the accountancy profession and BoA in 2018.

For more information about the 95th anniversary commemoration, go tohttps://www.facebook.com/Accountancy95years/

DISSEMINATION NOTICE.  FOR MORE INFORMATION, CONTACT boa.secretariat@gmail.com     January 11, 2018


LAUNCH OF ANNIVERSARY CELEBRATION AND FIRST BOA SYMPOSIUM HELD IN JANUARY 2018

The Board of Accountancy held an symposium on January 3, 2017 in the Philippine International Convention Center to discuss emerging trends on “Integrated Thinking and Reporting” and BoA updates, including the compliance deadlines and requirements, ASEAN Mutual Recognition Arrangements application for ASEAN Chartered Professional Accountant, the Monitoring Committee Consultation Paper on the revisions of the audit standard setting process, the “Let your voice be heard” online survey initiative, and the Non-compliance with laws and rules measure.

More than thirty key stakeholders from the accountancy profession attended the symposium. BoA Chairman Joel Tan-Torres and Paul Thompson, director of the European Thompson is a Director of the European Federation of Accountants and Auditors.

During the event, Chairman Tan-Torres led the launch of the  celebration of the 95th year anniversary of the BoA and the accountancy profession.

Chairman Tan-Torres announced that there will be a year long celebration of the anniversary in 2018. . The activities will be focused on the theme “95 years of invaluable service to the Philippines and global accountancy community.”

Those who would want to be involved in the planning and implementation of the anniversary activities can volunteer to offer their services and assistance to boa.secretariat@gmail.com

For more information about the 95th anniversary commemoration, go to https://www.facebook.com/Accountancy95years/

DISSEMINATION NOTICE.  FOR MORE INFORMATION, CONTACT boa.secretariat@gmail.com     January 3, 2018


NORTHERN MINDANAO ACCOUNTANCY COMMUNITY WELCOMES THE 95TH ANNIVERSARY CELEBRTION

The National Association of CPAs in Education (nACPAE) held a Provincial forum in Liceo de Cagayan-University on January 13, 2017. More than 500 attended the forum with CPAs from Northern Mindanao and JPIAns coming from Bukidnon State University, Central Mindanao University, San Isidro College, Fatima College of Camiguin, St. Michael College, Mindanao State University-Iligan, MSU-Marawi, MSU-Naawan, Masters Technological Institute of Mindanao, COC-Phinma, Capitol University, Pilgrim Christian College, Xavier University and the Liceo de Cagayan-University.

BoA Chairman Joel Tan-Torres updated the audience on the BoA developments, including the celebration of the 95th anniversary of the accountancy profession in 2018.


WANTED BOA INTERNS FOR THE 95TH ANNIVERSARY CELEBRATION

The Board of Accountancy (BoA) is accepting qualified interns from accounting schools to assist in the various activities of the 95th anniversary celebration. of the BoA and the Accountancy profession this year.

The Internship Program (IP) of the BoA promises a challenging learning and training experience for the batch of interns who will be selected. They will get a chance to interact with the various stakeholders of the profession and will handle various activities, mostly related to the 95th anniversary celebration

The interns can have flexible hours for their internship in the BoA office in Metro manila and Cagayan de Oro, including working during weekends.. Their internship will be credited for their academic requirements.

Furthermore, the interns will get allowances of P200 per day in the course of their training.

QUALIFICATIONS FOR APPLICANTS OF IP

  1. Undergraduate accounting students of Metro Manila and nearby cities , and Cagayan de Oro, belonging to the top 20% can submit their written applications to boa.secretariat@gmail.com.
  2. The following documents should accompany the application: (1) certification from the head of the accounting school or department attesting that the applicant is ranked in the top 20% of his/her batch; (2) a one-page write-up on why the applicant is applying for the IP; (3) Resume of the applicant; (4) Sample of paper or article previously written by the applicant; and, (5) 2”x 2” photo of the applicant.
  3. The applicant should be familiar with MS Office applications (MS Word, MS Excel, MS PowerPoint, etc.), desktop publishing and digital design software.
  4. The applicant should be familiar with social networking sites.
  5. The applicant can proficiently communicate in oral and written English .
  6. The applicant should be able to work independently with minimum supervision

The applicant should email the documents indicated in (2) to the boa.secretariat@gmail.com.

FOR MORE INFORMATION ABOUT THE 95TH ANNIVERSARY OF BOA AND THE ACCOUNTANCY PROFESSION, GO TO FACEBOOK Accountancy95years

Link is :  https://www.facebook.com/Accountancy95years

DISSEMINATION NOTICE.  FOR MORE INFORMATION, CONTACT boa.secretariat@gmail.com     January 17, 2018


95TH ANNIVERSARY OF THE ACCOUNTANCY PROFESSION IN THE PHILIPPINES  CELEBRATED IN 2018

In 1923, accounting was legally recognized as as a profession in the country when the sixth Philippines Legislature approved Act No. 3105 on March 17, 1923. This law created the Board of Accountancy vested with authority to promulgate rules and regulations, to set professional standards for the accounting profession practice and to issue certified public accountant certificates to those who have qualified in accordance with the requirements of the law. The Board then was composed of a chairman and two members. The first Board of Accountancy was composed of Chairman W. W. Larkin, and, Domingo Dikit and Felix Tiongson, as members.

The year 2018 marks the 95th anniversary of the establishment of the accountancy profession in the Philippines and the creation of the Board of Accountancy,

There will be a year long celebration of the anniversary. The activities will be focused on the theme “95 years of invaluable service to the Philippines and global accountancy community.”  An official logo is being used for the anniversary.  All are encouraged to download this from the BoA website (boa.com.ph) or Facebook (Accountancy95years) and use this for their activities.  Everyone can also post announcements or information on their activities commemorating our anniversary in our Facebook page.

The events and activities that will be organized or initiated by Boa  will involve the Filipino accountancy communities in the Philippines and worldwide include:

Some of the activities are:

Showcasing the Filipino Accountant
Conference and other learning special events
Writing of articles for special edition publications
Miss Diamond CPA Beauty and Personality Contest

Marketing/publicity
Maintaining a dedicated Facebook and website
Publishing flyers and other materials

Most liked Logo Design Display

Anniversary shirt design competition

Arranging for the proclamation of Malacanang of 2018 as the 95th year of the accountancy profession

Issuance of a Commemorative Stamp

Roll out of the applications for ASEAN Chartered Professional Accountants

Documenting the History of the Accountancy Profession and Accountancy Tid bits

Accountancy Anniversary Jingle/Song competition

Write up /recognition of prominent Accountancy graduates from schools

Working for the approval of Accountancy Law amendments .

Implementation of the eQAR
All accountancy organizations, including the PICPA chapters in the Philippines and abroad, are encouraged to organize their own activities to commemorate our anniversary and to showcase the invaluable service of Filipino accountants in the local and global accountancy community

The BoA has already several volunteers assisting in the various projects of the Expanding Horizons initiative. They will be mobilized to focus their efforts on the anniversary activities.

Others who may want to volunteer can list up by accomplishing the BoA Volunteer Commitment Form that can be downloaded from the Facebook page or from the website at boa.com.ph. The accomplished form and resume should be emailed to boa.secretariat@gmail.com. Those interested can be involved in the planning and implementation of the anniversary activities Volunteers can work from their premise/s or in the BoA Special Project Metro Manila office (or both)

For more information on the 95th anniversary celebration, go to  https://www.facebook.com/Accountancy95years/


LIKE YOUR FAVORITE POSTS IN FB Accountancy95Years

All are encouraged to follow and post in the Facebook page for the 95th anniversary year commemoration (Accountancy95Years). This FB page is open for publication of announcements and information and the posting of photos and video on 95th anniversary and accountancy related events.

To promote the use of the anniversary logo and create awareness of the various anniversary events and activities, the posting of photos and videos on (1) Groupie shot of accountants displaying tarpaulin with anniversary logo , (2) Creative use of the logo (such as book cover, raincoat, shirt, etc.), and (3) Activity or event with high impact display of the logo (such as LED billboard display, activities showcasing the talent of the Filipino accountant, etc.)

The persons whose postings have the most likes will be given prizes in a year end event big anniversary commemorative event that the BoA will hold.


 PRESENTING THE DESIGN FOR 95TH YEAR ANNIVERSARY

The year 2018 marks the 95th anniversary of the establishment of the Board of Accountancy (BoA) and the beginning of the qualification process of those taking the Certified Public Accountant Examinations in the Philippines.

n 1923, accounting was legally recognized as as a profession in the country when the sixth Philippines Legislature approved Act No. 3105 on March 17, 1923. This law created the Board of Accountancy vested with authority to promulgate rules and regulations, to set professional standards for the accounting profession practice and to issue certified public accountant certificates to those who have qualified in accordance with the requirements of the law. The Board then was composed of a chairman and two members. The first Board of Accountancy was composed of Chairman W. W. Larkin, and, Domingo Dikit and Felix Tiongson, as members.

There will be a year long celebration of the anniversary. The activities will be focused on the theme “95 years of invaluable service to the Philippines and global accountancy community.

On the occasion of the of the 95th year anniversary celebration, the BoA initiated a graphic design competition a few weeks ago, The graphic to be submitted required the inclusion of a logo and the inscription of the 95th anniversary theme.

There were four entries received. The winning design was submitted by Mr. Joshua Taguyana. His design is featured in this posting and will be the cover of this FB page for 2016.. Joshua is an accounting student and regularly has been doing artistic work. For submitting the winning graphic design, Joshua will get a Plaque of recognition, BoA novelty items and publications, and will be acknowledged and invited to attend one of the 95th year anniversary events.

This graphic design is available for use in the materials that will be prepared for the various 95th year anniversary activities..

ABOUT THE GRAPHIC DESIGN

This design features elements that are representative of the accountancy profession in the Philippines.

The abacus is a counting device used to perform arithmetical procedures. Over time, it became one of the most recognizable symbols of accounting. The logo features an abacus, the counting beads of which are used to form the diagram of the Philippine archipelago. The 95 visible beads symbolize the 95 years of quality, competent, and reliable service of the Filipino accountancy community.

It should be noted that most of the place holders in the abacus contain ten beads each, apparently giving a total of 100 beads. This portrays the commitment and drive of the constituents of the accountancy profession towards improvement, the number 100 being often used to represent perfection or completeness. It also signifies anticipation of the accountancy profession and the Board of Accountancy’s centenary on 2023.

The words ’95 YEARS’ are bathed with streaks of blue, red, and yellow – giving the logo a distinctive Filipino touch. The whole of the abacus is enclosed within an image of the world to impart the message that the need for reliable and relevant information, transparency, accountability, and fair competition recognizes no borders.

Accounting is widely regarded as the ‘language of business’, envisioned to stimulate global development, demolish divisive walls, and make the fruits of this development accessible to everyone. History has seen the overwhelming effort and contributions of the Filipino accounting community to achieve this end, becoming the heart of its service.

ABOUT THE ARTIST:  Tagayuna, Joshua Tito T., 20 years old. Student of Technological Institute of the Philippines
938 Aurora Boulevard, Cubao, Quezon City

DISSEMINATION NOTICE.  FOR MORE INFORMATION, CONTACT boa.secretariat@gmail.com     January 2, 2018


BE INVOLVED IN THE 95TH YEAR ANNIVERSARY COMMEMORATION AND CELEBRATION OF OUR ACCOUNTANCY PROFESSION

 

For more information about the 95th anniversary commemoration, go to https://www.facebook.com/Accountancy95years/

Accountancy95years


PRESENTING THE LOGO FOR 95TH YEAR ANNIVERSARY

The year 2018 marks the 95th anniversary of the establishment of the Board of Accountancy (BoA) and the beginning of the

There will be a year long celebration of the anniversary. The activities will be focused on the theme “95 years of invaluable service to the Philippines and global accountancy community.

On the occasion of the of the 95th year anniversary celebration, the BoA initiated a graphic design competition a few weeks ago, The graphic to be submitted required the inclusion of a logo and the inscription of the 95th anniversary theme.

There were four entries received. The winning design was submitted by Mr. Joshua Taguyana. His design is featured in this posting and will be the cover of this FB page for 2016.. Joshua is an accounting student and regularly has been doing artistic work. For submitting the winning graphic design, Joshua will get a Plaque of recognition, BoA novelty items and publications, and will be acknowledged and invited to attend one of the 95th year anniversary events.

This logo is available for use in the materials that will be prepared for the various 95th year anniversary activities..

ABOUT THE GRAPHIC DESIGN LOGO

This design features elements that are representative of the accountancy profession in the Philippines.

The abacus is a counting device used to perform arithmetical procedures. Over time, it became one of the most recognizable symbols of accounting. The logo features an abacus, the counting beads of which are used to form the diagram of the Philippine archipelago. The 95 visible beads symbolize the 95 years of quality, competent, and reliable service of the Filipino accountancy community.

It should be noted that most of the place holders in the abacus contain ten beads each, apparently giving a total of 100 beads. This portrays the commitment and drive of the constituents of the accountancy profession towards improvement, the number 100 being often used to represent perfection or completeness. It also signifies anticipation of the accountancy profession and the Board of Accountancy’s centenary on 2023.

The words ’95 YEARS’ are bathed with streaks of blue, red, and yellow – giving the logo a distinctive Filipino touch. The whole of the abacus is enclosed within an image of the world to impart the message that the need for reliable and relevant information, transparency, accountability, and fair competition recognizes no borders.

Accounting is widely regarded as the ‘language of business’, envisioned to stimulate global development, demolish divisive walls, and make the fruits of this development accessible to everyone. History has seen the overwhelming effort and contributions of the Filipino accounting community to achieve this end, becoming the heart of its service.

ABOUT THE ARTIST:   Tagayuna, Joshua Tito T., 20 years old, student of Technological Institute of the Philippines
938 Aurora Boulevard, Cubao, Quezon City

 


LAUNCH OF ANNIVERSARY CELEBRATION AND FIRST BOA SYMPOSIUM HELD IN JANUARY 2018

The Board of Accountancy held an symposium on January 3, 2017 in the Philippine International Convention Center to discuss emerging trends on “Integrated Thinking and Reporting” and BoA updates, including the compliance deadlines and requirements, ASEAN Mutual Recognition Arrangements application for ASEAN Chartered Professional Accountant, the Monitoring Committee Consultation Paper on the revisions of the audit standard setting process, the “Let your voice be heard” online survey initiative, and the Non-compliance with laws and rules measure.

More than thirty key stakeholders from the accountancy profession attended the symposium. BoA Chairman Joel Tan-Torres and Paul Thompson, director of the European Thompson is a Director of the European Federation of Accountants and Auditors.

During the event, Chairman Tan-Torres led the launch of the year long elebration of the 95th year anniversary of the BoA and the accountancy profession.
Chairman Tan-Torres announced that there will be a year long celebration of the anniversary in 2018. . The activities will be focused on the theme “95 years of invaluable service to the Philippines and global accountancy community.”

Those who would want to be involved in the planning and implementation of the anniversary activities can volunteer to offer their services and assistance to boa.secretariat@gmail.com


DESIGN THE ANNIVERSARY SHIRT COMPETITION

 

The 95th Anniversary Working Group is inviting all to join the Competition on creating the design for the official shirt for use in the 95th Anniversary celebration.

The competition calls for the creating of the Shirt design in full color and bearing the two official logos of the anniversary. The PDF or JPEG file of the shirt design can be submitted to boa.secretariat@gmail.com. Information on the name, mobile number, age and present work/school status of the artist should be submitted.

The design/s should be submitted not later than January 31, 2018

The winner of the shirt design competition shall be invited and recognized in an anniversary event and will receive BoA “I am Accountant” novelty item and a shirt bearing the design.

 

 

 

 

 
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