Due to the separation of Taxation from its then better half Business Law, here is the list of new topics in the Taxation and Law for the Philippine CPA Board Exam. Effectivity is on October 2017.
6.0 TAXATION UNDER THE LOCAL GOVERNMENT CODE* 6.1 Scope and different types of local taxes(Limited to Real property tax, local business tax) 6.2 Tax base and tax rates 6.3 Venue and time of filing of tax returns 6.4 Venue and time of payment
The Professional Regulation Commission (PRC) announces that 5,468 out of 13,317 passed the Certified Public Accountant Licensure Examination given by the Board of Accountancy in the cities of Manila, Baguio, Cagayan De Oro, Cebu, Davao, Iloilo, Legazpi and Lucena this October 2015.
List of CPA Board Exam Oct. 2015 Top Notchers
Top Performing Schools
These are the schools with 50 or more examinees and with at least 80% Passing Percentage.
The news is true. There have been changes to the CPA Board Exam Syllabus and this was proposed by the Board of Accountancy headed by BoA chairman Joel Tan-Torres last June 20, 2015 and presented during the Accountancy Week Celebration on July 2015.
The Revisions 1. Reduction in the number of subjects from seven (7) to six (6) 2. Merging auditing theory and practice into one (1) subject 3. Merging of accounting theory and practice and distributing the pertinent topics in Theory of Accounts, Practical Accounting I, Practical Accounting II to Financial Accounting and Reporting and Advance Accounting 4. Segregating Business Law and Taxation into “Taxation” and “Regulatory Framework for Business Transactions” 5. Renaming Management Services to “Management Accounting and Control”
The sleepless nights, the missed parties and all prayers has paid off to the 1,107 who has passed the Philippine Certified Public Accountant Licensure Examination.
CPA Board Exam Top 10 July 2014
* Name, Rank , School, and rating
1 ROMMEL RHINO CATUDIO EDUSMA ASIAN DEVELOPMENT FOUNDATION COLLEGE 94.57
2 JOANNA MARIE LIM BARROZO SAN BEDA COLLEGE OF ALABANG,INC.(ST.BENEDICT COLL) 93.43
3 RAY HAMODI BALAGBIS NGALOT UNIVERSITY OF SAN CARLOS 92.43
4 ORVILE PERDON RABINO ADVENTIST UNIVERSITY OF THE PHILIPPINES 92.00
5 JOSCEL BARRIO DELOS CIELOS XAVIER UNIVERSITY 91.57
PRC has moved the scheduled May 2014 CPA board exam due to vacancies in the Board of Accountancy. There are currently 2 active members from the 7 member board. Since the board is short of a requirement to quorum to validly fulfill its duties and functions, that includes the formulation and making of the test, PRC passes a resolution to indefinitely postpone and reschedule the exam until the new members of the board have been duly appointed and qualified.
How many times have you felt that sense of anticipation to cash out or swipe your credit card to purchase attractive marked-down items at the mall? Long-awaited discounted items are strategically displayed at check-out counters or sold in a buy-one-get-one deal to entice consumers. You walk in a store and suddenly find yourself picking items not even in your list to buy.
For Cyril dela Cruz, accountant at the Ramon Aboitiz Foundation Inc. (RAFI) Micro-finance, impulsive buying exploits our impulses to buy our wants for instant gratification. Oftentimes, she said, it occurs when one spots something that stirs a particular passion in him/her.
