PROFESSIONAL REGULATORY BOARD OF ACCOUNTANCY
Resolution No. __
Series of 2015
REQUIRING ALL PARTNERS IN PARTNERSHIPS AND
CERTIFIED PUBLIC
ACCOUNTANT (CPA) STAFF IN FIRMS AND PARTNERSHIPS TO COMPLY WITH
THE REQUIREMENTS UNDER REPUBLIC ACT 9298 AND THE IMPLEMENTING
RULES AND REGULATIONS COVERING REGISTRATION AND ACCREDITATION
OF CPAS IN PUBLIC PRACTICE.
WHEREAS Section 31 of Republic Act (RA) 9298 provides that individual certified
public accountants, firms and partnerships of certified public accountants engaged in
the practice of public accountancy, including the partners and staff members thereof,
shall register with the Commission and the Board, such registration to be renewed every
three years;
WHEREAS as presently implemented, the partners and CPA staff members of
partnerships and firms are not being registered or accredited;
WHEREAS, as a matter of effective regulation of the standards in public practice of the
accountancy profession it is necessary to strictly enforce the registration and
accreditation requirements for all CPAs engaged in public practice without exception;
NOW IT IS HEREBY RESOLVED that all Certified Public Accountants in Public Practice
including partners and CPA staff members in partnerships and firms shall comply with
the requirements under RA 9298 and the implementing rules and regulations covering
registration and accreditation of CPAs in Public Practice.
FURTHER RESOLVED that partners and CPA staff members in partnerships and firms
shall accomplish the accreditation form prescribed in ANNEX “A” and complete the
requirements prescribed in the checklist in ANNEX “B.”
FURTHER RESOLVED that partners and CPA staff members in partnerships and firms
have until December 31, 2015 to file their accreditation forms in the Professional
Regulatory Commission, and to complete all the Continuing Professional Development
(CPD) requirements in the checklist until March 31, 2016.
FINALLY RESOLVED that the partners and CPA staff members in partnerships and
firms who will be completing their CPD requirements until March 31, 2016 will have to
submit the Affidavit of Undertaking prescribed in ANNEX “C” together with their
accreditation form.
Let copies hereof be further furnished the Board, Office of the PRB Secretariat, Standards and
Inspection Division, Legal and Investigation Division, all PRC Regional Offices, Philippine
Institute of Certified Public Accountants, and such other relevant offices for information and
guidance.
This Resolution shall take effect after fifteen (15) days following its publication in the Official
Gazette or any newspaper of general circulation in the Philippines.
Done in the City of Manila this ____th day of _________.
JOEL L. TAN-TORRES
Chairman
GLORIA T. BAYSA
Vice-Chairman
ELISEO A. AURELLADO
Member
SAMUEL B. PADILLA
Member
CONCORDIO S. QUISAOT
Member
GERARD B. SANVICTORES
Member
ARLYN S. VILLANUEVA
Member
ATTESTED BY:
ATTY. LOVELIKA T. BAUTISTA
Officer-in-Charge
Office of the Secretary to the Professional Regulatory Board
APPROVED:
ANGELINE T. CHUA CHIACO
Officer in charge
YOLANDA D. REYES
Commissioner
Vacant
Commissioner
O-CH/O-CHI/O-CHII/ O-ASCOMM/PRB-BOA/DSRB
FCD/ATCC/YDR/ATG/JLT/LTB/SVO/mmg
ANNEX C
REPUBLIC OF THE PHILIPPINES)
CITY OF MANILA
) S.S.
AFFIDAVIT OF UNDERTAKING
I, _______________, of legal age, Filipino, and a resident of
___________________________, after having been duly sworn in accordance with law
hereby depose and state that:
1. I have filed an application for accreditation in the practice of public
accountancy on ________________ pursuant to Board of Accountancy
Resolution No. _____________;
2. I undertake to complete my Continuing Professional Development
requirements prescribed in the Board of Accountancy Resolution No. 59,
Series of 2012 on or before March 31, 2016;
3. I am executing this affidavit to attest to the truth and veracity of the
foregoing statements for whatever legal purpose it may serve;
4. AFFIANT FURTHER SAYETH NAUGHT.
________________________
Affiant
SUBSCRIBED AND SWORN to before me this ______day of ______ 2015, at
Manila Philippines, affiant exhibiting to me his/her ____________issued on
____________at______________.
NOTARY PUBLIC
Doc. No._______
Page No._______
Book No._______
Series of 2015