In this step-by-step guide, we give you the procedures, requirements and the latest (2019) application forms for BoA accreditation.

THERE ARE DIFFERENT TYPES OF BOA ACCREDITATION:

  1. 1. Accreditation as CPA in Commerce and Industry
  2. 2. Accreditation in the Practice of Public Accountancy as:
    1.  an individual CPA,
    2.  firm, or
    3.  partnership of CPAs
  3. 3. 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.

  1. Application Form - CPA in Commerce and Industry (1).pdf
  2. Application Form - Accreditation in the Practice of Public Accountancy 2019 (1).pdf
  3. Application Form - Accreditation as Accounting Teacher (1).pdf

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, Ground Floor Philippine International Convention Center, Vicente Sotto Street , Pasay, Metro 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;

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

  • P1,500 for CPA in Commerce & Industry
  • P1,500 for Accounting Teacher
  • P1,500 for sole practitioner 
  • P2,000 for Firm/Partnership


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 (a few days after 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 as CPA in Commerce and Industry

Submit the following documents:

INITIAL APPLICATION

  • Duly accomplished Application Form;

  • Sworn statement by the CPA, stating that he/she:
    • - 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 of their respective codes of good governance and other related documents to ensure professional, ethical and technical standards;
    • - Is of good moral character; and
    • - Has not been found guilty by any competent court and/or administrative body of an offense involving moral turpitude and/or any act constituting unethical practices.

  • Photocopy of current Professional Identification Card;

  • Duly notarized Certificate of Employment;

  • Detailed description of work experience (which includes a statement that the applicant is also responsible for the preparation of FS for other companies related to his/her employer’s company indicating the name/s and address/es of the company/es, if any);

  • Certificate for CPD credit units earned;

  • Photocopy of CPA Integrity Pledge;

  • 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

  • Four (4) pcs. documentary stamps to be affixed to the Certificate of Accreditation.

 

RENEWAL

  • Duly accomplished Application Form;

  • Copy of the expired Certificate of Accreditation;

  • Duly notarized Certificate of Employment;

  • Detailed description of work experience, if any changes in employer (which includes a statement that the applicant is also responsible for the preparation of FS for other companies related to his/her employer’s company indicating the name/s and address/es of the company/es, if any);

  • Photocopy of current Professional Identification Card (PIC);

  • Certificates of CPD credits units earned;

  • Payment of accreditation fee (In cash, postal money order, manager’s check or bank draft payable to the Professional Regulation Commission); and

  • Four (4) pcs. documentary stamps to be affixed to the Certificate of Accreditation.



Accreditation of Individual CPA / FIRM / Partnership of CPAs in the Practice of Public Accountancy


Submit the following documents:

INITIAL APPLICATION : SOLE PRACTITIONER

  • Duly accomplished Application Form;

  • 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;

  • 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;

  • Certificates of CPD units earned;

  • 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

  • Four (4) pcs. documentary stamps.


RENEWAL : SOLE PRACTITIONER

  • Duly accomplished Application Form;

  • Photocopy of the expired Certificate of Accreditation;

  • Photocopy of valid Professional Identification Card (PIC);

  • Certificates for CPD credit units earned;

  • 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

  • Two (2) pcs. documentary stamps.


INITIAL APPLICATION : FIRM / PARTNERSHIP

  • Duly accomplished Application Form;

  • Photocopy of valid Business Permit;

  • Certificates of CPD credit units earned;

  • Photocopy of valid PRC Identification Card (PIC) of all partners;

  • Pictures of the principal office;

  • Duly accomplished Quality Accreditation Checklist prescribed in Board Resolution No. 2016-05

  • 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;

  • 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 IRR of R. A 9298;

  • Authenticated copy of the Certificate of Registration issued by the SEC;

  • Authenticated copy of current Articles of Partnership (Should correspond with the form);

  • Certified 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 that: (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 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

  • Four (4) pcs. documentary stamps.


RENEWAL: FIRM/ PARTNERSHIP

  • Duly accomplished Application Form;

  • Photocopy of expired Certificate of Accreditation;

  • Photocopy of valid PRC Identification Card (PIC) of all partners;

  • Photocopy of valid business permit;

  • Certificates of CPD of Credit Units Earned;

  • Authenticated copy of current Articles of Partnership issued by the SEC must be submitted in case of additional/withdrawal of partners;

  • Pictures of Principal Office;

  • Duly accomplished Quality Accreditation Checklist prescribed in Board Resolution No. 2016-5;

  • 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 copy 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. Dully 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 – P2,000.00;

  • Short brown envelope for the Certificate of Accreditation;

  • One (1) set of paper fastener for the application;

  • Four (4) pcs. documentary stamp to be affixed to the Certificate of Registration;


For government employees:

  • Original copy of authority to practice issued by employer printed in the official letter head of the institution / agency


Accreditation as Accounting Teacher


Submit the following documents:

INITIAL APPLICATION

  • Duly accomplished Application Form;

  • Photocopy of Certificate of Registration;

  • Certified copy of diploma / transcript of records of the relevant graduate degree program;

  • 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;

  • 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;

  • Four (4) pcs. documentary stamps.

RENEWAL 

  • Duly accomplished Application Form;

  • Photocopy of the expired 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;

  • 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;

  • 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;

  • Four (4) pcs. documentary stamps.