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The Board of Accountancy (BoA) last June 20, 2015 unanimously decided to propose to the Professional Regulatory
Commission (PRC) the revision of the subjects covered by the CPA Licensure Examination. The subjects included in
the Board examination have been in place for decade and are now long due for revision to take into account the
requirements of the current times. The Accountancy Law (Republic Act No. 9298, Sec. 15) allows amendments to the
CPA examinations by the PRC Board of Accountancy subject to the approval of the Commission.
The subjects that we recommend to be included in the CPA Board examination are:
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