FULL RESULTS: May 2018 CPA board exam list of passers, top 10


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MANILA, Philippines – (Updated May 28) The May 2018 Certified Public Accountant (CPA) board exam results including the official list of passers, topnotchers (top 10), top performing schools and performance of schools are officially released online today, Monday, May 28 or in five (5) working days after the last day of exam.

UPDATE: 2,843 out of 9,830 passed the exams.
FULL RESULTS: May 2018 CPA board exam list of passers, top 10

The Professional Regulation Commission (PRC) conducted the CPA licensure exam in the cities of Manila, Baguio, Cagayan de Oro, Cebu, Davao, Iloilo, Legaspi and Tacloban on May 13, 20 and 21, 2018. The second day of exam, originally scheduled on May 14, was moved to the 20th due to the Barangay and Sangguniang Kabataan Elections.

The members of the Board of Accountancy who gave the licensure examination are Joel L. Tan-Torres, Chairman; Gloria T. Baysa, Vice-Chairman; Samuel B. Padilla, Arlyn S. Villanueva, Gervacio I. Piator, Thelma S. Ciudadano and Marko Romeo L. Fuentes, Members.

CPA BOARD EXAM RELATED RESULTS

REGISTRATION AND OATHTAKING

From June 4 to June 11, 2018, 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:
  • duly accomplished Oath Form or Panunumpa ng Propesyonal
  • notice of admission (for identification only)
  • 2 pieces passport sized pictures (colored with white background and complete name tag)
  • 2 sets of documentary stamps
  • 1 piece short brown envelope

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

The date and venue for the oathtaking ceremony of the new successful examinees in the said examination WILL BE ANNOUNCED LATER, PRC added.

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 3-day examination covered the following subjects:

May 13: auditing and management advisory services

May 20: taxation and regulatory framework for business transactions

May 21: financial accounting and reporting and advanced financial accounting and reporting

RELEASE OF RESULTS

According to PRC Resolution No. 2017-1068, the target release of results for the recent CPA board exam is on Friday, May 25 or in four (4) working days after the test.

May 25, 2018 UPDATE: PRC BoA shared on Facebook a memorandum seeking for the extension of target release date of CPA board exam results from May 25 to May 28.


"The Board is unanimously recommending the extension of the date of the results of May 2018 CPA board examination from May 25 to May 28," the memorandum addressed by PRC BoA Chairman Joel L. Tan-Torres to PRC Commissioner Yolanda D. Reyes stated.


"This is to compensate for the extension of the period of the examinations (the last day was extended from May 20 to 21) and to provide more time for the new examiners (there were three new appointments) to learn the policy and procedures for the deliberation and release," the memo added.


PRC BoA schedule of release May 2018 CPA board exam results
Photo courtesy of Facebook/PRC Board of Accountancy

May 28, 2018 Update: CPA board exam results are out TODAY!

In the same period last year, CPA board exam results were announced in five (5) working days. A total of 3,389 out of 9,645 (35.14%) successfully hurdled the grueling exams. University of San Carlos (USC) graduates Vianca Pearl Inot Amores and Marianito Jesus Berdin del Rio shared the top spot with 92.67%.

In May 2016 exams, results were out also in 5 working days. PRC named 2,967 out of 6,925 who passed the exams. Karim Gonzales Abitago from Universal Colleges Paranaque topped the examination having 92.17%

Meanwhile, results may be released online ahead or beyond the schedule without prior notice.

Here's the statistics of CPA board exam in the past 8 exams:

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.

— The Summit Express


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