BoA Accreditation

For the latest guidelines regarding BoA Accreditation, you can download PRBoA Resolution 2022-53.pdf here.

In this step-by-step guide, we give you the procedures, requirements and the latest (2023) application forms for BoA accreditation for the following :

1. Accreditation in the Practice of Public Accountancy as:

• firm/partnership of CPAs

• an individual partner of a firm/partnership of CPAs

• an individual CPA

2. Accreditation as Accounting Teacher

If you are seeking to apply for BoA accreditation under any of the above categories, you need to accumulate 120 CPD units of training.

Apart from CPD training, you will also need to comply with other BoA requirements.

APPLICATION FORMS

Click on the forms below to download.

To download more templates for BoA accreditation requirements, such as the CPA Integrity Pledge, Quality Accreditation Checklist, Code of Good Governance, Ethical and Technical Standards, and Internal Quality Review Procedures, sign up as an Accelera user. It's free.

Click here to access and download the the CPA Integrity Pledge, Quality Accreditation Checklist and other templates.

WHERE TO APPLY

PRC CPD Division, PRC Main Office, Nicanor Reyes (formerly Morayta) Street, Sampaloc, Manila

PROCEDURE IN APPLYING FOR ACCREDITATION

Step 1. Secure Application Form at the Regulation Division of the nearest PRC Regional Office or download at www.prc.gov.ph

Step 2. Fill-out Application Form and then proceed to Regulation Division processing window for evaluation and assessment;

Step 3. Proceed to Registration Section for verification of license/s;

Step 4. Proceed to Legal Service – Hearing and Investigation Division for clearance of no derogatory record (for individuals);

Step 5. Proceed to Cash Section for payment of the accreditation fee:

P1,500 for Accounting Teacher
P1,500 for sole practitioner
P1,500 for Individual Partner of Firm/Partnership
P2,000 for Firm/Partnership and P300 per staff member

Step 6. Submit Application Form with all the required documents and photocopy of official receipt to the Regulation Division designated window

Step 7. Verify your application after thirty (30) days from the time of submission.

NOTE:

Applications with incomplete documents will not be accepted. Documentary stamps are available at the PRC customer service counter in PRC Regional Offices.
Representative/s filing and claiming the Certificate of Accreditation on behalf of the professional must present an Authorization Letter/SPA and valid Identification Cards (IDs) of the professional and the representative.
Any discrepancy/ies or inconsistency/ies in documents submitted in support to the application shall be supported by an affidavit of discrepancy.

GOVERNING LAW

The rules for BoA accreditation are covered by R.A. 9298, also known as the Philippine Accountancy Act of 2004.

Click below to download:

Republic Act 9298, and Its Implementing Rules and Regulations, with Appendices.pdf

Relevant Provisions under Rule IV of the IRR of RA 9298:

Section 28, 28(A), and 31

Annex "B"

MEANINGFUL EXPERIENCE

"Meaningful Experience" is required for BoA accreditation and it is defined in Section 28 (A) Rule 4 of the IRR of R.A. No. 9298 as follows:

CHECKLIST OF REQUIREMENTS

Accreditation of Firm/Partnership in the Practice of Public Accountancy

INITIAL APPLICATION : FIRM / PARTNERSHIP

Duly accomplished Application Form;
Certified true copy of the SEC Certificate of Registration;
Certified true copy of the Articles of Partnership issued by the SEC;
Photocopy of valid Business Permit;
Pictures of the principal office
Duly accomplished Quality Accreditation Checklist prescribed in Board Resolution No. 2016-05
Duly signed and approved Code of Good Governance of the firm
Duly signed copy of the internal quality review procedures;
Duly accomplished Quality Accreditation Checklist prescribed in Board Resolution No. 2016-05;
Duly signed Ethical and technical standards required of the practice of public accountancy;
Certified list of CPA staff members with the following information: name, position, date of employment, Certificates of Registration No. and validity period of the Professional Identification Card No., to be signed by the managing partner;
Certified true copy of the documents showing the correspondent relationship, membership or business dealings with foreign CPA firm(s), if any, including complete address & postal address, telephone number and facsimile numbers, e-mail address and website;
Sworn statement stating: (Please notarize and affix documentary stamp to the original copy)

a. the copy of the document showing the correspondent relationship membership, or business dealings with the foreign CPA is the faithful reproduction of its original copy;

b. the foreign CPA is not directly or indirectly (through the Filipino CPA) engaged in the practice of public accountancy in the Philippines, except the authorized foreign CPAs under Section 34 and 35 of R.A. No.9298; and c. the rights and obligation of the parties in specific terms.

Payment of accreditation fee. (In Cash, Postal Money Order, Manager’s Check or Bank Draft payable to the Professional Regulation Commission);
Short Brown Envelope for the Certificate of Accreditation and
Documentary stamp worth P30.00 (for Certificate of Accreditation)

RENEWAL: FIRM/ PARTNERSHIP

Duly accomplished Application Form;
Photocopy of Certificate of Accreditation;
Photocopy of valid business permit;
Certified true copy of the amended Articles of Partnership issued by the SEC in case of addition/withdrawal of partners;
Pictures of Principal Office;
Certified list of CPA staff members with the following information: name, position, date of employment, Certificate of Registration No., and validity period of the Professional Identification Card No., to be signed under oath by the managing partner; PROCEDURES IN APPLYING FOR ACCREDITATION OF FIRM / PARTNERSHIP OF CPAs IN THE PRACTICE OF PUBLIC ACCOUNTANCY Rev. 03 March 7, 2018 Page 1 of 4
Duly accomplished Quality Accreditation Checklist prescribed in Board Resolution No. 2016-05;
Those members, associates or correspondent firms of international CPA firms must submit the following for any change of correspondent foreign CPA firms, or change of information of the foreign CPA firm/s:

A. Certified copies of documents showing the correspondent relationship, membership, or business dealings with foreign CPA firm(s), if any, including complete address & postal address, telephone number facsimile number, e-mail address and website, and

B. Duly notarized sworn statement with metered documentary stamps, stating that:

b.1 the copy of the document showing the correspondent relationship, membership or business dealings with the foreign CPA, is the faithful reproduction of its original copy;

b.2 the foreign CPA is not directly or indirectly (through the Filipino CPA) engaged in the practice of public accountancy in the Philippines except the authorized CPAs under Section 34 and 35, Article IV of RA No. 9298, and

b.3 the rights and obligations of the parties are in specific terms

Payment of prescribed fee in cash, postal money order, manager’s check or Bank draft payable to the Professional Regulation Commission
Short Brown Envelope for the Certificate of Accreditation;
One (1) set of paper fastener for the application;
Documentary stamp worth P30.00 (for Certificate of Accreditation)
For government employees: Original copy of authority to practice issued by employer printed in the official letter head of the institution / agency

Accreditation of Individual Partner of Firm/Partnership

Submit the following documents:

INITIAL APPLICATION: INDIVIDUAL PARTNER

Duly accomplished Application Form;
Certified true copy of the Certificate of Registration as a CPA
Photocopy of valid Professional Identification Card (PIC);
Sworn statement by the CPA; (Please notarize and affix documentary stamp on the original copy)
has a meaningful participation in their respective internal quality review process;
has undergone adequate and effective training (from organizations duly accredited by the Board or by its duly authorized representatives) on all the current accounting and auditing standards, code of ethics, laws and their implementing rules and regulations, circulars, memoranda, their respective codes of good governance and other related documents that are required in the practice of public accountancy to ensure professional, ethical and technical standards;
is of good moral character;
he/she had not been found guilty by a competent court and/or administrative body of any case involving moral turpitude and/or unethical practices; has at least three (3) years of meaningful experience in any of the areas of public practice including taxation as defined in Section 28 (A), Rule 4 of the IRR of R. A. 9298;
Detailed description of work experience (data to include name of company, position, duties and responsibilities and date of employment);
Certificates of CPD units earned;
Certificate of Membership in Good Standing from the APO/AIPO;
Payment of accreditation fee. (In Cash, Postal Money Order, Manager’s Check or Bank Draft payable to the Professional Regulation Commission);
Short Brown Envelope for the Certificate of Accreditation and
Documentary stamp worth P30.00 (for Certificate of Accreditation)

RENEWAL: INDIVIDUAL PARTNER

Duly accomplished Application Form;
Photocopy of the Certificate of Accreditation;
Photocopy of valid Professional Identification Card (PIC);
Certificates for CPD credit units earned;
Certificate of Membership in Good Standing from the APO/AIPO;
Payment of accreditation fee. (In Cash, Postal Money Order, Manager’s Check or Bank Draft payable to the Professional Regulation Commission);
Short Brown Envelope for the Certificate of Accreditation and
Documentary stamp worth P30.00 (for Certificate of Accreditation)
For government employees: Original copy of authority to practice issued by employer printed in the official letter head of the institution / agency

Accreditation of Individual CPA in the Practice of Public Accountancy

Submit the following documents:

INITIAL APPLICATION : INDIVIDUAL CPA ENGAGED IN PRACTICE OF PUBLIC ACCOUNTANCY

Duly accomplished Application Form;
Certified True Copy of Certificate of Registration as a CPA
Photocopy of valid Professional Identification Card (PIC);
Duly signed Code of Good Governance of the Individual CPA;
Duly signed Copy of internal quality review procedures;
Picture of the principal office;
Duly accomplished Quality Accreditation Checklist prescribed in Board Resolution No. 2016-05;
Duly signed Ethical and technical standards required of the practice of public accountancy;
Duly signed Ethical and technical standards required of the practice of public accountancy;
Sworn statement by the CPA; (Please notarize and affix documentary stamp on the original copy)
- - Has a meaningful participation in their respective internal quality review process;
- - Has undergone adequate and effective training (from organizations duly accredited by the Board or by its duly authorized representatives) on all the current accounting and auditing standards, code of ethics, laws and their implementing rules and regulations, circulars, memoranda, their respective codes of good governance and other related documents that are required in the practice of public accountancy to ensure professional, ethical and technical standards;
- - Is of good moral character;
- - He/she had not been found guilty by a competent court and/or administrative body of any case involving moral turpitude and/or unethical practices;
- - Has at least three (3) years meaningful experience in any of the areas of public practice including taxation as defined in Section 4 Rule 4 of the R. A. 9298;
CPA Integrity Pledge;
Detailed description of work experience (data to include name of company, position, duties and responsibilities and date of employment)
Certificates of CPD units earned;
Certificate of Membership in Good Standing from the APO/AIPO;
Payment of accreditation fee. (In cash, postal money order, manager’s check or bank draft payable to the Professional Regulation Commission);
Original copy of authority to practice profession issued by employer, printed in the official letter head of the institution/agency (For Government Employee only);
Short brown envelope for the Certificate of Accreditation and
Documentary stamp worth P30.00 (for Certificate of Accreditation)

RENEWAL: INDIVIDUAL CPA ENGAGED IN PRACTICE OF PUBLIC ACCOUNTANCY

Duly accomplished Application Form;
Photocopy of the Certificate of Accreditation;
Photocopy of valid Professional Identification Card (PIC);
Certificates for CPD credit units earned;
Certificate of Membership in Good Standing from the APO/AIPO
Picture of the principal office;
Duly accomplished Quality Accreditation Checklist prescribed in Board Resolution No. 2016-05
Payment of accreditation fee. (In cash, postal money order, manager’s check or bank draft payable to the Professional Regulation Commission);
Short brown envelope for the Certificate of Accreditation and
Documentary stamp worth P30.00 (for Certificate of Accreditation)

Accreditation as Accounting Teacher

Submit the following documents:

INITIAL APPLICATION: ACCOUNTING TEACHER

Duly accomplished Application Form;
Certified true copy of the Certificate of Registration as a CPA;
Photocopy of valid Professional Identification Card (PIC);
Duly notarized Certificate of Employment / Appointment as Faculty Member from the educational institution the CPA applicant is currently teaching, which includes among others a statement that he or she has submitted his/her NBI Clearance, Diploma, Professional Tax Receipt (PTR) and Transcript of Records from the accounting school where the CPA has graduated and in its custody;
Sworn statement by the individual CPA that he has at least three (3) years of meaningful experience in any of the areas of the practice of accountancy with a detailed description of such work experience (affix two (2) documentary stamps);
Certificate/s of CPD credit units earned;
Certificate of Membership in Good Standing from the APO/AIPO;
Payment of accreditation fee (In cash, postal money order, manager’s check or bank draft payable to the Professional Regulation Commission);
Short brown envelope for the Certificate of Accreditation;
Documentary stamp worth P30.00 (for Certificate of Accreditation).

RENEWAL: ACCOUNTING TEACHER

Duly accomplished Application Form;
Photocopy of the Certificate of Accreditation;
Photocopy of valid Professional Identification Card (PIC);
Duly notarized Certificate of Employment / Appointment as Faculty Member from the educational institution the CPA applicant is currently teaching which includes among others a statement that he or she has submitted his/her NBI Clearance, Diploma, Professional Tax Receipt (PTR) and Transcript of Records from the accounting school where the CPA has graduated and in its custody;
Certificate/s of CPD credit units earned;
Certificate of Membership in Good Standing from the APO/AIP;
Payment of accreditation fee (In cash, postal money order, manager’s check or bank draft payable to the Professional Regulation Commission);
Short brown envelope for the Certificate of Accreditation;
Documentary stamp worth P30.00 (for Certificate of Accreditation)