FULL RESULTS: October 2017 CPA board exam passers list, top 10


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MANILA, Philippines - (Updated November 2) The October 2017 CPA board exam results including the list of passers, topnotchers (top 10), top performing schools and performance of schools are officially released on November 2, 2017 or in ten (10) working days after the last day of exam.

FULL RESULTS: October 2017 CPA board exam passers list, top 10

UPDATE: 4,511 out of 14,816 passed the Certified Public Accountant (CPA) exams.

The results of examination with respect to three (3) examinees were withheld pending final determination of their liabilities under the rules and regulations governing licensure examination, PRC said.

The Professional Regulation Commission (PRC) conducted the CPA licensure exam in the cities of Manila, Baguio, Cagayan de Oro, Cebu, Davao, Iloilo, Legaspi, Lucena, Tacloban and Tuguegarao on October 7, 8, 14 and 15, 2017.

The members of the Board of Accountancy who gave the licensure examination are Joel L. Tan-Torres, Chairman; Eliseo A. Aurellado, Gerard B. Sanvictores, Gloria T. Baysa, Concordio S. Quisaot, Samuel B. Padilla and Arlyn S. Villanueva, Members.

CPA BOARD EXAM RELATED RESULTS

REGISTRATION AND OATHTAKING

From November 9 to 21, registration for the issuance of Professional Identification Card (ID) and Certificate of Registration will be done on-line. Please go to www.prc.gov.ph and follow instructions for initial registration.

Those who will register are required to bring the following:
  • Notice of admission
  • duly accomplished Oath Form or Panunumpa ng Propesyonal
  • 2 pieces passport size pictures (colored with white background and complete name tag)
  • 2 sets of documentary stamps

Successful examinees should personally register and sign in the Roster of Registered Professionals.

UPDATE: "The oath taking for the passers of the October 2017 CPA Board Examinations will take place in the Philippine International Convention Center (PICC) on November 27, 2017. The oath taking in the other cities throughout the Philippines will follow after the PICC event," PRC Board of Accountancy said.

UPDATE: The BoA said to release the official oath taking program on the oathtaking day. Aside from the list of all the passers of the Examinations, the top performing school and the top ten topnotchers, the program will also contain pictures and write ups on important BoA accountancy events and activities.

VERIFICATION OF RATINGS

CPA board exam's verification of ratings (passers, non-passers and removal) can be done online.

Visit PRC's "Verification of Rating" service and enter the required information to verify your identity. Note that this will be available in few working days after the release of results.

COVERAGE OF EXAMINATION

The 4-day examination covered the following subjects:

October 7: Taxation (removal and first timer), business law and taxation (removal), financial accounting and reporting (removal and first timer), practical accounting I (removal

October 8: Auditing (removal and first timer), auditing theory (removal) and theory of accounts (removal).

October 14: Advanced financial accounting and reporting (removal and first timer) and practical accounting II (removal), regulatory framework for business transactions (removal and first timer) and auditing problems (removal)

October 15: Management advisory services (removal and first timer) and management services (removal)

RELEASE OF RESULTS

According to PRC Resolution No. 2016-1019, the target release of results for the recent CPA board exam is on Wednesday, October 25 or in 6 working days after the test (8 days on original assumption). Note that government work was suspended on Monday and Tuesday (October 16 and 17) due to nationwide transport strike.

In an updated announcement on Wednesday, the Professional Regulatory Board of Accountancy on Facebook shared: "Due to the cancellation of government office work this week which resulted in the delay of the processing of PRC work, the new release date of the results of the October 2017 CPA Examinations will be on November 2 or 3, 2017, instead of the previously announced date of October 20/21, 2017."

In the same period last year (October 2016), results were released online in eight (8) working days after the exams. PRC named 5,249 out of 14,390 (36.48%) who have succcessfully hurdled the exams.

In October 2015, results were announced in four (4) working days. A total of 5,468 out of 13,317 (41.06%) passed the series of tests.

Here's the quick summary of previous examinations:

Exam Date Total Examinees Total Passers Passing Rate Days before results release
October 2017 14,816 4,511 30.45% 10
May 2017 9,645 3,389 35.14% 5
October 2016 14,390 5,249 36.48% 8
May 2016 6,925 2,967 42.84% 5
October 2015 13,317 5,468 41.06% 4
May 2015 5,959 2,132 35.78% 3
October 2014 11,137 4,123 37.02% 3
July 2014 5,540 1,107 19.98% 3

UPDATES

Monitor this page for the real-time updates on Accountancy board exam results. Check out also the official website of PRC for more information.

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