BAGUIO City – The Philippine Institute of Certified Public Accountants (PICPA), Baguio-Benguet Chapter wrapped up a series of seminars last June 9 while preparing for its Annual National Convention to be held in Davao and the oath taking of new passers of the recent CPA licensure examinations in Baguio.
The Local Chapter, headed by its outgoing President, Baguio-based practicing Auditor Christopher Ismael, and incoming President Rhad Vic Estoque of the University of Baguio, spearheaded the conduct of the series of seminars that was organized to pave way for the accreditation of CPA’s in the locality. These seminars that started last May 14, 2016 and ended last Thursday, catered to accountants who in public practice, commerce and industry, and accounting teachers.
This series of seminars were basically organized to enable local CPA’s to gain a much-needed Board of Accountancy accreditation for preparers of financial statements, practicing auditors and those who are in the academe. This accreditation will enable their work to be acceptable to regulating agencies and secure their compliance of requirements in their respective work places.
While the seminars are on-going, the local chapter organization of CPAs was simultaneously preparing for participation in their Annual National Convention (ANC). The biggest event of the yearly calendar of PICPA is scheduled on November 24-26 this year at Davao City. The local chapters of Davao and Sultan Kudarat will jointly host the event and the opening ceremonies are slated to happen at the University of Southwestern Philippines Gymnasium at Davao City, Davao del Sur.
The ANC serves as a venue for discussion of current events, developments and issues facing the sectors of the profession and those that affects its entirety. It also serves as a vehicle for building friendships among members and a significant revenue generating activity which provides substantial revenue for the institute and its chapters.
The hosts ambition that this years’ edition of the ANC would become the most abundant, most impressive and most attended ANC in history with a target participants of at least 5,000.
The perks and benefits that an attendee can get when joining this event are: the much needed Continuing Professional Development units required, additional perks when registering early, and an “Eat-All-You-Can, Eat-Anytime” Pinoy Fiesta Style buffet.
Also taking place immediately would be the oath taking of newly passers of the CPA licensure examination administered just last month. This activity, jointly hosted with the Board of Accountancy of the Professional Regulations Commission, will take place on June 28 at 9:00 in the morning at the Fortune Restaurant Function Hall. A registration fee of P600 for each passer and accompanying guests will be charged to defray the necessary costs of the event.
The oath-taking of the new members of the accounting profession will be administered by Dr. Arlyn S. Villanueva, a member of the Board of Accountancy. Dr. Villaneuva is the Managing Partner of Sicango Menor Villanueva and Co. and was formerly the President of Holy Angel University in Pampanga.
There are around 190 passers from the Baguio exams who were the first to take the new format of the examination that lowered the number of subject from seven to just six. It is expected that participation in the oath taking ceremonies will entitle the participant the immediate issuance of their PRC licenses and certificates.
Interested parties who wish to participate in these events or who would just like to inquire or get additional details can visit the official Facebook page of the PICPA local chapter at https://www.facebook.com/picpa.baguiobenguet or the 71st ANC Facebook page.
BY: ARMANDO M. BOLISLIS