Manila, April 21, 2014 --- The Professional Regulation Commission announces the postponement of the Board Licensure Examination for Certified Public Accountants (BLECPA) originally set on May 11-12 and 18-19, 2014.
The Board of Accountancy recommended the postponement and rescheduling of the licensure exam due to the vacancies in the board leaving only two active members of the seven-member board therefore rendering the Board short of the requirement for a quorum to validly perform its duties and functions, specifically in the formulation and extraction of test items, conduct of the examination proper and releasing of the results.
PRC Resolution No. 832 series of 2014 sought to indefinitely postpone and reschedule the BLECPA until the new members of the Board have been duly appointed and qualified. Republic Act 9298, otherwise known as the “Philippine Accountancy Act of 2004”, provides that the attendance of four (4) members of the Board shall constitute a quorum to officially transact business.
- Board Resolution No. 832 (Series of 2014) - Resolution to Postpone the May 2014 Certified Public Accountants (CPA) Licensure Examination