The Professional Regulation Commission announced earlier that the Certified Public Accounts (CPA) Licensure Examination which was originally scheduled on May 11, 12, 18, and 19, 2014 has been re-scheduled to July 20, 21, 28 and 29, 2014.
Based upon the announcement of the PRC, the board exam was postponed due to the vacancies in the membership of the Professional Regulatory Board of Accountancy which left only two active members of the seven-member board thereby rendering the Board short of the requirement for a quorum to validly perform its duties and functions.
With the recent assumption into office of the new members of the Board of Accountancy, a resolution was issued through Board of Accountancy Resolution No. 1 dated June 9, 2014, rescheduling the new dates of the July 2014 CPA board.
The Certified Public Accountant (CPA) Licensure examination will be held in the cities of Manila, Baguio, Cagayan De Oro, Cebu, Davao, Iloilo, Legazpi and Lucena.
Aside from the rescheduling of the CPA Board Exam, the PRC also announced the new schedules of subjects in the July 2014 CPA Licensure Examination.
Here’s the New Schedules of Subjects:
The new schedule is embodied in Memorandum Order No.2014-03 dated June 9, 2014. The changes in the schedules of the subjects will be applicable in the BLECPA for July 2014 ONLY.
| FIRST DAY | ||
| JULY 20, 2014(Sunday) | 8:00 AM – 11:00 AM | AUDITING PROBLEMS |
| 1:00 PM – 4:00 PM | PRACTICAL ACCOUNTING II | |
| SECOND DAY | ||
| JULY 21, 2014(Monday) | 8:00 AM – 11:00 AM | THEORY OF ACCOUNTS |
| 1:00 PM – 4:00 PM | AUDITING THEORY | |
| THIRD DAY | ||
| JULY 28, 2014(Monday) | 8:00 AM – 11:00 AM | MANAGEMENT SERVICES |
| 1:00 PM – 4:00 PM | PRACTICAL ACCOUNTING I | |
| FOURTH DAY | ||
| JULY 29, 2014(Tuesday) | 8:00 AM – 11:00 AM | BUSINESS LAW AND TAXATION |