PRC announces that 1,722 out of 6,665 (25.84%) successfully passed the October 2022 CPALE. The Commission said that “the results of examination with respect to two (2) examinees were withheld as per Board Resolution No. 57 and 58 dated October 26, 2022”.

The Professional Regulation Commission (PRC) administered the CPA licensure exam (CPALE) in various testing centers, including in Manila, Baguio, Cagayan de Oro, Cebu, Davao, Iloilo, Koronadal, Legaspi, Lucena, Pagadian, Pampanga, Rosales, Tacloban, Tuguegarao, and Zamboanga on October 14, 15, and 16, 2022.

The Board of Accountancy is composed of Noe G. Quiñanola, Chairman; Samuel B. Padilla, Vice Chairman; Gloria T. Baysa, Thelma S. Ciudadano, Gervacio I. Piator, Maria Teresita Z. Dimaculangan, and Rosalinda D. Evangelista, Members.

COVERAGE OF EXAMINATION

The 3-day examination covered the following subjects:

October 14: Management Services and Auditing

October 15: Taxation and Regulatory Framework for Business Transactions

October 16: Financial Accounting and Reporting and Advanced Financial Accounting and Reporting.