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Certified Public Accountant Exam Results - May 2008

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1,268 new Certified Public Accountants pass examination

 The Professional Regulation Commission (PRC) yesterday announced that 1,268 out of 4,651 examinees passed the Certified Public Accountant (CPA) licensure examination given by the Board of Accountancy in the cities of Manila, Baguio, Cagayan de Oro, Cebu, Davao, Iloilo and Legazpi this May, 2008.

The successful examinees who garnered the ten highest places are the following:

1. Kristine Arce Pineda, De La Salle University- Manila, 91.43 percent.

2. Raymund Francis Abuda Escala, University of the Cordilleras (Baguio College Foundation), 91 percent.

3. Ryan Oliver Tiu Dy, De La Salle University- Manila, 90.86.

4. Ron Jeric Sarmiento Leonardo, University of the Philippines-Diliman, 90.43

5. Loudie Jay Canonoy Falguera, Saint Paulís Business School-Palo, Leyte, 89.86

6. Jonathan Tan Bino, De La Salle UniversityManila, and Lyn Lazarito Osano, Mindanao State University - General Santos City, 89.71

7. Marvin Fang Chua, De La Salle UniversityManila, and Lyndon Pacalda Jabla, Holy Cross of Davao College, 89.57

8. Charles Bryan Marinas Tan, San Beda College, 89

9. Jianessa Camille Domingo Diaz, De La Salle University-Manila, 88.86

10. Christopher Ryan Marina Tan, San Beda College, 88.57

The PRC said the results were released in one day after the last day of examination.

On the Board of Accountancy which gave the examination are Atty. Eugene T. Mateo, chairman; John S. Bala, vice chairman; and Froilan G. Ampil, Ma. Elenita B. Cabrera, Lucila C. Tarriela and Rufo R. Mendoza, members.

The registration for the issuance of Professional Identification Card (ID) and Certificate of Registration will start on June 3, 2008 and end on June 21, 2008. Those who will register are required to bring the following: duly accomplished Oath Form or Panunumpa ng Propesyonal, current Community Tax Certificate (cedula), two pieces passport size color picture withwhite background and complete name tag, two pieces 1" x 1" colored picture with white background and complete name tag, two sets of metered documentary stamps, and one short brown envelope with name and profession, and to pay the Initial Registration Fee of R600 and Annual Registration Fee of R450 for 2008 to 2011. Successful examinees should personally register and sign in the Roster of Registered Professionals.

The oathtaking ceremony of the successful examinees in the May examination, as well as passers of previous examinations who have not taken their Oath of Professional, will be held before the Board on June 27, 2008 at 1 p.m. in the afternoon at the Plenary Hall of the Philippine International Convention Center (PICC), Roxas Boulevard, Manila.

The PRC listed the top performing schools in the May, 2008 Certified Public Accountant Licensure Examination.

The top performing schools with 100 and more examinees are:

1. University of the San Jose-Recoleto, 100 examinees and 37 passers, for 37%

2. Saint Louis University, 222 examinees and 79 passers, for 36%

3. University of the East - Manila, 117 examinees and 33 passers, for 28%

Those with 51 to 99 examinees are:

1. De La Salle University - Manila, with 96 examinees and 76 passers, for 79%

2. University of Santo Tomas, 52 examinees and 36 passers, for 69%

3. University of San Carlos, 74 examinees and 34 passers, for 46%

Those with 26 to 50 examinees are:

1. University of Cebu, 32 examinees and 15 passers, for 47%

2. Mindanao State University - Iligan Institute of Technology, 30 examinees and 13 passers, for 43%

3. San Beda College, 50 examinees and 20 passers, 40%

Those with 10 to 25 examinees are:

1. University of the Philippines - Diliman, 16 examinees and 15 passers, for 94%

2. University of the Philippines - Iloilo, 21 examinees and 17 passers, for 81%

3 Batangas State University, 15 examinees and 9 passers, for 60%.

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