Certified Public Accountant Licensure Results 2024 : CPS Board Exam Results 2024

Certified Public Accountant Licensure Exam Results 2024 : CPS Board Exam Results 2024 :-The Certified Public Accountant (CPA) Licensure Exam is an examination that tests the competence of individuals who wish to practice as accountants in the Philippines. It is administered by the Professional Regulation Commission (PRC) in accordance with the Accountancy Act of 2004. The exam covers topics such as auditing, accounting theory, management advisory services, taxation, and financial accounting and reporting. The exam is divided into two parts: the first part covers the theory and the second part covers practical accounting problems.

To be eligible to take the CPA Licensure Exam, an individual must have a bachelor’s degree in accountancy or a related field and must have completed the required number of units in certain subjects, as mandated by the Board of Accountancy. Passing the CPA Licensure Exam is a requirement to become a licensed accountant in the Philippines. It is considered a highly competitive and challenging exam, and candidates are encouraged to prepare thoroughly before taking it. The results of the exam are usually released a few weeks after the exam date.

Certified Public Accountant Licensure Exam Eligibility Criteria

To be eligible to take the Certified Public Accountant (CPA) Licensure Exam in the Philippines, an individual must meet the following requirements:

  1. Must be a Filipino citizen or a foreigner who meets the requirements set by the Board of Accountancy (BOA).
  2. Must be of legal age.
  3. Must be of good moral character as attested by references from reputable members of the community.
  4. Must hold a bachelor’s degree in accountancy or its equivalent from a recognized and reputable educational institution in the Philippines or abroad.
  5. Must have completed at least 21 units of accounting courses, as prescribed by the BOA, which include courses on accounting theory, taxation, auditing, management advisory services, and financial accounting and reporting.
  6. Must not have been convicted of any criminal offense that involves moral turpitude.
  7. Must not have been found guilty of any violation of any law, rule or regulation related to the practice of accountancy or any profession regulated by the PRC.

It is important to note that the eligibility requirements may change from time to time. It is recommended to visit the website of the Professional Regulation Commission (PRC) or the Board of Accountancy (BOA) for the latest updates on the eligibility criteria.

October Certified Public Accountant (CPA) Board Exam Results – List of Passers

Certified Public Accountant (CPA) Board Exam. The results of the CPA Board Exam are usually released by the Professional Regulation Commission (PRC) a few weeks after the exam date.

To check the list of passers for the CPA Board Exam, you may visit the official website of the PRC or the Board of Accountancy (BOA). They usually publish the list of successful candidates online and in major newspapers in the Philippines.

You can also monitor the news and social media platforms for updates on the release of the results. It is important to note that the PRC is the only official source of CPA Board Exam results, and any other sources should be verified before being considered valid.

Certified Public Accountant (CPA) Board Exam Overview

Sure, here’s a table outlining the Certified Public Accountant (CPA) Board Exam overview:

Exam Name Certified Public Accountant (CPA) Licensure Exam
Exam Type Professional Board Exam
Exam Frequency Twice a year (May and October)
Exam Duration 4 Days
Exam Coverage – Auditing Theory and Practice
– Taxation
– Management Advisory Services
– Financial Accounting and Reporting
– Regulatory Framework for Business Transactions
Passing Grade 75%
Exam Results Release Usually released 3-4 weeks after the exam date
Validity of the Result Five (5) years
Requirements for Taking – Must be a Filipino citizen or foreigner who meets the BOA requirements
– Must hold a bachelor’s degree in accountancy or its equivalent from a recognized and reputable educational institution in the Philippines or abroad.
– Must have completed at least 21 units of accounting courses, as prescribed by the BOA.

Please note that the information provided is subject to change, and it is always best to check the official website of the Professional Regulation Commission (PRC) or the Board of Accountancy (BOA) for the latest and most accurate information about the CPA Board Exam.

How to Check Certified Public Accountant Licensure Exam 2024

To check the results of the Certified Public Accountant (CPA) Licensure Exam in the Philippines, you can follow these steps:

  1. Visit the official website of the Professional Regulation Commission (PRC) at www.prc.gov.ph.
  2. Click on the “Online Services” tab and select “Exam Results.”
  3. Look for the CPA Licensure Exam on the list of exams and click on it.
  4. Enter your exam details, such as your exam date, application number, and full name.
  5. Click “Search” to view your exam results.

Alternatively, you can also check the CPA Licensure Exam results through the official website of the Board of Accountancy (BOA) at boa.com.ph or through major newspapers in the Philippines, as the results are usually published there. It is important to note that the results of the CPA Licensure Exam are only released by the PRC, and any other sources claiming to have the results should be verified before being considered valid.

Certified Public Accountant Licensure Exam Importance

The Certified Public Accountant (CPA) Licensure Exam is an important milestone for aspiring accountants in the Philippines. Passing the exam is a requirement for individuals to practice as certified public accountants, and it is considered a significant achievement in the accounting profession.

Here are some reasons why the CPA Licensure Exam is important:

  1. Legitimizes an individual’s accounting knowledge and skills – The CPA Licensure Exam is a rigorous test of an individual’s accounting knowledge and skills. Passing the exam signifies that an individual has the necessary competencies to practice accounting professionally.
  2. Provides opportunities for career advancement – Holding a CPA license opens up a wide range of job opportunities in the accounting field. CPA license holders are often preferred by employers and are eligible for higher-level positions with better compensation and benefits.
  3. Enhances professional credibility – Being a licensed CPA enhances an individual’s professional credibility and reputation. It demonstrates to clients, colleagues, and employers that the individual has met the rigorous standards of the accounting profession and is committed to upholding ethical and professional standards.
  4. Ensures compliance with regulatory requirements – The CPA license is regulated by the Board of Accountancy (BOA) and the Professional Regulation Commission (PRC) in the Philippines. Being licensed ensures that an individual is compliant with regulatory requirements and can practice accounting in accordance with legal and ethical standards.

Overall, the CPA Licensure Exam is a crucial step for individuals who wish to establish themselves as certified public accountants and pursue a successful career in the accounting field.

When the Results of Certified Public Accountant Licensure Exam will be Released

The release of the results of the Certified Public Accountant (CPA) Licensure Exam in the Philippines usually takes 3-4 weeks after the last day of the examination.

However, it is important to note that the exact date of the release of results is not always fixed and can vary. It is best to monitor the official website of the Professional Regulation Commission (PRC) and the Board of Accountancy (BOA) for updates on the release date of the exam results.

Once the results are released, you can check them online through the PRC website or the BOA website, or you can also check them in major newspapers in the Philippines. It is important to note that the PRC is the only authorized agency that can release the CPA Licensure Exam results, and any other sources claiming to have the results should be verified before being considered valid.

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