Baguio City – Professional Regulation Commission (PRC) – Board of Accountancy (BOA) memberAttorney Samuel Padilla emphasized the value of integrity and learning to the 153 new CPAs who took their oath of office last July 14, 2018 at the Supreme Hotel, here.
Padilla reminded the new CPAs to treat their license as an intangible asset, thus, giving the newbie accountants the idea of safeguarding and not to lose it.
“Do the right thing in the face of ethical dilemma, don’t accept bribes, don’t cheat on your taxes, don’t prepare untruthful financial statements”, said Padilla, clearly putting premium on the valuing of retention of integrity.
He also stressed the importance of learning even to skills beyond accounting.
Being a CPA-lawyer himself, he suggested to the new CPAs and their parents to consider taking up law.
He said law and accounting is a good combination because legal issues often have accounting considerations and that CPA-lawyers will dominate the discussion about these matters.
Lastly, he advised them to learn from their mistakes whether these mistakes are small or large.
The Baguio CPA oath-taking ceremonies was well participated with the 153 mentioned attendants, including their parents, coming from various school located in Luzon.
The Cordillera-based schools, Saint Louis University (69), University of the Cordilleras (23), Mountain State Polytechnic College (6), Cordillera Career Development College (4), Kings College of the Philippines (4), University of Baguio (4), and AMA Computer College Baguio (2) accounted for 112 of the attendees.
Five of the remaining 41 came from the Bataan Peninsula State University while the rest mostly came from Region 1. Also among attendees were alumni of Metro Manila-based schools Centro Escolar University, Jose Rizal University, San Beda College, Trinity University of Asia, and University of the East.
Also in attendance was 7th placer Donald Mark Marcos Rapinan of UC, who gave the response in behalf of the passers.
Padilla reported that only 28% of the over 400 business schools fielding CPA licensure examinees were able to get a rating above the national passing rate 28.92%.
He also mentioned that the Board of Accountancy will be implementing revisions to examination syllabi that will taking effect in the May, 2019 edition of the examinations.
The Abra native Board member also took time to acknowledge the efforts of the parents present at the ceremony.
The new CPAs were treated with lunch right after the ceremony.
Also gracing the event are Evelyn Corpuz, the PICPA National Board Executive Vice President, Constancia Molintas from the GACPA, representatives from the PRC Regional office and the officers of PICPA, headed by their president Herminia Samuel, who organized of the event.
By: ARMANDO BOLISLIS
Photos: Board of Accountancy member Samuel Padilla delivers his message to the new CPAs and heads their oath. ARMANDO BOLSILIS
