The CPA board examinations, except under force majeure, are normally given in the months of May (2nd and 3rd week) and October (1st and 2nd week) which equates to a preparation period of 28 weeks for the May batch and 19 weeks for the October batch.

For the Middle-East based examinees for which the Professional Regulation Commission gives the Special Philippine Licensure Examinations (SPLE) that has been given since 2010, the examination dates adjust to conform to national holidays and other religious activities practiced in the Middle East region.

The Board of Accountancy is one of the professional regulatory boards of the Professional Regulation Commission. It is composed of the Chair, Vice Chair, and five members. The composition of the Board of Accountancy are as follows:

1. Noe G. Quiñanola, Chairman
2. Marko Romeo L. Fuentes, Vice Chairman
3. Gloria T. Baysa , Member
4. Samuel B. Padilla, Member
5. Arlyn Juanita S. Villanueva, Member
6. Thelma S. Ciudadano, Member
7. Gervacio I. Piator, Member

One of the fundamental functions of the Board is to standardize the entry-level qualifications in the accountancy profession. This is done by giving standardized licensure examinations to graduates of Bachelor of Science in Accountancy. After passing the said licensure examinations, a person shall be granted the privilege to practice accountancy in the Philippines and use the title as “Certified Public Accountant”.

The last date for the filing of the application in taking the CPA board examinations is normally scheduled one and a half month prior to the board examination dates. In regional centers, the last date of filing is normally advanced by one week.

Since 2005 the release of the results for the board examinations is usually made within 24 hours after the last board subject is completed until October 2013 where the release of the board results was made within 7 days and in July 2014 where the release was made in 3 days.

RA 9298, Section 17 states “The Board shall submit to the Commission the rating obtained by each candidate within ten (10) calendar days after the examination, unless extended for just cause.

To pass the CPA board examinations, an examinee should:

1. get a weighted average grade of at least 75% in all the subjects taken; and,
2. has no grade lower than 65% in any of the board subjects given.

In the event that an examinee does not meet any or both of the criteria to pass the board exams, however, gets a grade of 75 and above in at least four (4) board subjects, then the examinee is declared a conditioned examinee.

A conditioned examinee should take his/her removal subjects within two (2) years reckoned from the date of his examination, otherwise he/she shall be considered to have obtained a failing grade.

An examinee who had failed to pass the CPA board exams twice can still take the board exams after undergoing a refresher course program in a college or university having the government authority to offer the BS in Accountancy program. In practical cases, a review program offered by a college or university complies with the requirement to offer the refresher course program.