Government Regulatory Agencies

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Professional Regulation Commission (PRC)

- in charge of administering the professional examination, regulating and licensing of professionals, promulgation and enforcement of professional ethics and standards.


Board of Accountancy (BOA)

- in charge semi-annually the CPA licensure examination.


Financial Reporting Standards Council (FRSC)

- formerly known as the Accounting Standards Council (ARC)

- in charge of formulating or developing the accounting standards, which will guide practitioner.


Securities of Exchange Commission (SEC)

- in charge of regulating business operations of a partnership, corporation and foundations.


Cooperative Development Authority (CDA)

- in charge of regulating the business operations of a cooperative.


Bureau of Internal Revenue (BIR)

- in charge with the collection of taxes.


Bangko Sentral ng PIlipinas

- in charge of regulating the operations of banks an other financial institutions

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