Wednesday, January 8, 2020

DETAILS: May 2020 CPA Accountancy Board Exam Schedule, Deadline of Filing and Requirements

Manila, Philippines – The Professional Regulation Commission (PRC) announced the schedule of application, as well as requirements for application in May 2020 Certified Public Accountant (CPA) Licensure Examination/ CPALE. The board exams for Accountancy will be held on May 10, 17 & 20, 2020 at designated testing locations in Manila/NCR, Baguio, Cagayan de Oro, Cebu, Davao, Iloilo, Legazpi, Lucena, Tacloban, Tuguegarao.

Below is the detailed schedule for May 2020 CPALE as per PRC Resolution No. 1210 s. 2019 or the Schedule of Licensure Examinations for the Year 2020.

Name of Examination Date/s of Exam Day/s Place Opening of Online Processing Deadline of Filing
CPA May 10, 17 & 18, 2020 Sunday, Sunday, Monday National Capital Region (NCR), Baguio, Cagayan de Oro, Cebu, Davao, Iloilo, Legazpi, Lucena, Tacloban, Tuguegarao November 18, 2019March 25, 2020

See Also: How to Pass Licensure Exam? Tips from Board Passers

CPA ONLINE APPLICATION 2020

Applicants are likewise advised to apply online via https://online1.prc.gov.ph/ or https://online.prc.gov.ph/ before going to the venue. Applicants are also encouraged to pay through UCPB (over-the-counter), Land Bank (i-access), or PayMaya.

For first timers in PRC online application, you may also want to read the step-by-step guide.

LIST OF REQUIREMENTS

PRC also reminds applicants to secure all requirements before proceeding to PRC centers for further processing of applications and also avoid further inconvenience.
  • NSO / PSA Birth Certificate
  • NSO / PSA Marriage Contract (for married female applicants)
  • Transcript of Records with scanned picture and Remarks "For Board Examination Purposes" (first timers and repeaters)
  • Valid NBI Clearance (first timers and repeaters)
  • After two (2) failures, REFRESHER COURSE, effective October 1976
  • Conditioned/Removal Examination - to be taken within two (2) years from the date of examination.
  • Payment of 900 pesos - complete
  • Payment of 450 pesos - conditioned/removal
The requirements and details posted above are based on the list of documentary requirements to accompany an application to take licensure examination for Accountancy courtesy of the Professional Regulation Commission.

See Also: Room Assignments for CPA board exams

COVERAGE OF CPA BOARD EXAMS

The May 2020 CPA licensure exams covered topics from auditing, management advisory services, taxation, regulatory framework for business transactions, financial accounting and reporting and advanced financial accounting & reporting.
PREVIOUS CPALE

In the most recent CPA board exams held on October 2019, 2,075 out of 14,492 (14.32%)  examinees passed. Justine Louie Bautista Santiago from University of Santo Tomas (UST) ranked first in the exams garnering 90.33% rating followed by Marlou Borbon Alinsonorin from University of San Carlos (USC) having 89.67% and Christian Lawrence Cruz Go from De La Salle University (DLSU) - Manila having 89.50%. University of the Philippines (UP) - Diliman was the lone school in the top performing schools list having 84.21% overall passing rate.

During May 2019 CPALE, 1,699 out of 10,319 (16.46%) examinees passed. Josemaria Alvaro Cabarrus Fontillas from DLSU - Manila ranked first in the exams garnering a rating of 89.83% followed by Geraldine Jade Frayco Papa also from DLSU Manila having 89.83% and Leinard Jan Corres Zaspa from University of Mindanao - Davao City having 88.50%. DLSU Manila was the lone school in the top performing schools' list having 61 out of 72 examinees passed or 84.72% passing rate.

On October 2018 exams, 3,616 out of 14,358 (25.18%)  examinees passed. Lahaira  Amy Cayog Reyes from UST ranked first in the exams garnering a rating of 91.83% followed by Erick Jan Solano Sagot from Ateneo de Davao University having 91.17%. In the top performing schools list, UP - Diliman topped the schools garnering 94.52% overall rating followed by DLSU - Manila having 86.84%.



UPDATES

To receive fast and reliable news and announcements regarding the Certified Public Accountant Licensure Examination/ CPALE for May 2020, we advise our readers to visit PRC official website or follow us at our social media accounts via Facebook and Twitter.

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