IMPLEMENTING

RULES AND REGULATIONS

IN THE CONDUCT OF THE
2016 NATIONAL MOCK BOARD
EXAMINATION

REVISION HISTORY:

Version No.

Date

Revised By

Approved By

11/03/2013

Kristyl Joy D.
Pereye

Matthew U.
Gopez

5/13/2014

Adrianne B.
Harve

Janine Nicole C.
Orcena

12/27/2015

Berlin C.
Taguba III

Rushnell B. De
Vera

Noted By

Mr. Roel E.
Hermosilla,
CPA
Mr. Asser
Tamayo, CPA
Mr. Nilo
Burgos, CPA
MBA

Details

Initial
Issue
Annual
Update
Annual
Update

IRR 1.0

BACKGROUND

IRR 1.1

The National Mock Board Examination is a yearly event of the National

Federation of Junior Philippine Institute of Accountants which aims to
uphold academic competencies to a higher degree and prepare the
examinees for their actual CPA Board Examination. It is an event for which
different aspirants from different regions were gathered for 2 days to test
their knowledge and skills in answering 6 Board Exam subjects namely
Financial Accounting and Reporting, Advanced Accounting, Management
Accounting and Control, Auditing, Taxation and Regulatory Framework for
Business Transaction. Different test centers are located in the 13 regions to
accommodate bulk number of examinees that will be joining the said event.
The Mock Board Examination is in line of the accomplishment of the first goal
of the Federation, which is to promote academic excellence.

IRR 2.0

OBJECTIVES

IRR 2.1

To help students test their knowledge and wit in answering the different
Board Exam Subjects

IRR 2.2

To prepare the students in the actual CPA Board Exam

IRR 2.3

To increase the level of participation of the local and regional councils with
their involvement in NFJPIA activities.

IRR 2.4

To promote excellence and produce topnotch students that will represent the
organization in the actual CPA Board Examination.

IRR 3.0

QUALIFICATIONS

IRR 3.1

The National Mock CPA Board Examination is a nationwide-simultaneous

event to be conducted by NFJPIA, in cooperation with its partner firm(s)
open for application to students who are enrolled in Bachelor of Science in
Accountancy, who are bona fide members of the National Federation of
Junior Philippine Institute of Accountants for Federation Year 2015-2016.
The examinees must be at least a 3rd year level of a 4-year course, or a 4th
year level of a 5-year course.

IRR 3.2

Non-BSA students, who are accounting majors are also allowed to take the
mock board examinations, provided that they are penultimate or graduating
students as of Federation Year 2015-2016.

IRR 4.0

REGISTRATION GUIDELINES

IRR 4.0.1

The registration period starts on January 04, 2016 and will end on
February 1, 2016. Only pre-registered examinees are allowed to take the
mock CPA board examination.

IRR 4.0.2

No walk-ins will be allowed to take the 2016 National Mock Board

Examination.

IRR 4.1

LOCAL CHAPTER (LC) REGISTRATION GUIDELINES

IRR 4.1.1

Each examinee, must pre-register with his Local Chapter. The Local Chapter
President must fill-in necessary masterlist (softcopy) provided by NFJPIA
which will serve as the final list to be submitted to their respective Regional
Councils. The softcopy of pre-registration information and the collection of
examination fee by the Local Chapter must be sent to their respective
Regional Council for consolidation purposes on or before February 1,
2016.

IRR 4.1.2

Each examinee must also send a copy of their latest resume to their local
chapter Vice President for Academics, to be submitted for consolidation
purposes to the Regional Vice President for Academics on or before
February 1, 2016. The resume must be in PDF and is required to be
renamed with the surname, name and school of the sender.
Example: Taguba_BerlinIII_AdNU.docx

IRR 4.1.3

The school ID must be presented during the start of every examination day to
be checked by the attending proctor.

IRR 4.1.4

All local chapters are encouraged to strictly follow the given deadline as to
the pre-registration to sufficiently supply the number of materials needed for
the examinees per region.

IRR 4.2

REGIONAL COUNCIL (RC) REGISTRATION GUIDELINES

IRR 4.2.1

The Regional Council must send a confirmation as to the number of preregistered examinees as of February 3, 2016 to the National Vice President

for Academics and must deposit the collection remitted on or before

February 10, 2016.
IRR 4.2.2

The Regional Vice President for Academics must also send a master list of all
examinees

from

his/her

region.

(See

Nfjpia1516_Mockboard_masterlist.docx). There should be one excel

sheet per Local chaptercontained in this file. This shall be sent
to.vpacademics.nfjpia1516@gmail.com on or before February 1, 2016.
The filename format to be used shall be Region_NMBE_.xlsx. All requirements
(Masterlist and resume of examinees)

IRR 5.0

ITINERARY

Day 1
7:00 7:30

General Instructions/Filing up of Forms

7:30 -10:00

Exam 1: Financial Accounting & Reporting

10:00 10:15

Short Break

10:15 12:45

Exam 2: Advanced Accounting

12:45 1:45

Lunch Break

1:45 4:15

Exam 3: Management Accounting Control

Day 2
7:30 -10:00

Exam 4: Auditing

10:00 10:15

Short Break

10:15 12:45

Exam 5: Taxation

12:45 1:45

Lunch Break

1:45 4:15

Exam 6: Regulatory Framework for Business Transactions

IRR 6.0

GENERAL EXAMINATION GUIDELINES

IRR 6.1

Examinees are expected to be at the venue at least 1 hour before the official
starting time. This is for the confirmation of their registration and inspection
of calculators.

IRR 6.2

Examinees who failed to be at the venue once the exam starts are considered
late. Late comers are not allowed to take the examination of the subject he
failed to attend on time with.

IRR 6.3

Examinees should observe proper behavior during examination proper.

Talking, and/or asking to seatmates are strictly prohibited.

Any

questions/clarifications must be addressed directly to the proctor.

IRR 6.4

Any examinee caught cheating will be disqualified in taking the entire mock
board examination.

IRR 6.5

Examinees are allowed to leave the room every after each board subject
provided that they are done with the exam. Once they left the room, they are
not allowed to go inside unless all other examinees are done.

IRR 6.6

Examinees are not allowed to eat inside the respective hubs. They are
allowed to eat outside and go back 15 minutes before the start of the next
exam.

IRR 6.7

Only calculators allowed by Philippine Regulatory Commission (nonprogrammable calculators) are allowed to be used. Proctors are expected to
inspect the examinees calculators before the examination starts. See
Professional Regulation Commission Memorandum Circular No. 2004-06 for
the list of allowable calculators. (http://www.prc.gov.ph/page.aspx?id=3)

IRR 6.8

Examinees bearing prohibited calculators shall not be allowed to take the

subjects requiring the use of calculators.

IRR 7.0

EXAMINATION SUMMARY

Below is the summary of the number of items and corresponding time allotment for each of
the CPA Board subjects.
SUBJECT

NO. OF ITEMS

TIME ALLOTED

Financial Accounting and Reporting

70

2 hours and 30 minutes

Advanced Accounting

70

2 hours and 30 minutes

Taxation

70

2 hours and 30 minutes

Management Accounting and Control

70

2 hours and 30 minutes

Auditing

70

2 hours and 30 minutes

Regulatory Framework for Business

70

2 hours and 30 minutes

Transaction

IRR 8.0

AWARDS AND RECOGNITIONS

IRR 8.1

The following awards shall be given to the top performers during the
National Mock Board Exam 2016:

Top 1-10 Examinees

Master of Financial Accounting and Reporting

Master of Advanced Accounting

Master of Taxation

Master of Auditing

Master of Management Accounting and Control

Master of Regulatory Framework for Business Transacations

Top 1-10 Performing Local Chapters (for LCs with a minimum of 25

examinees only)

Most Number of Examinees, Local Chapter Level

Most Number of Examinees, Regional Council Level

IRR 9.0

IRR VIOLATIONS AND SANCTIONS GUIDELINES

IRR 9.1

The above-mentioned Implementing rules and regulations are for NFJPIA

and related persons information exchange only. The council maintains the

relevance and reliability of this document through the strict implementation

of its rules and regulations.
IRR 9.2

Any questions raised by the contestants that are not included in the IRR shall
be subjected to the jurisdiction of the National Vice President for Academics
and NFJPIA Executive Officers. The decision of the National Vice President for
Academics and the NFJPIA Executive Officers will be final and irrevocable.

IRR 10.0

ENFORCEMENT

OF

THE

IMPLEMENTING

RULES

AND

REGULATIONS
IRR 10.1

It shall be the primary duty of the National Vice President for Academics and
the National Executive Officers to effectively enforce the provisions of this
Implementing Rules and Regulations. The Executive Officers also has the sole
right to interpret the contents of this Implementing Rules & Regulations and
their decision will be binding and irrevocable.

IRR 10.2

The National Adviser or his duly designated representative shall act as legal
adviser to the National Vice President for Academics and the National

Executive Officers and shall render legal assistance as may be necessary in carrying out the
provisions of this Implementing Rules and Regulations.

IRR 11.0

AMENDMENTS OR REVISIONS

IRR 11.1

The National Executive Officers shall be vested with the exclusive power to
revise and amend the Implementing Rules and Regulations.

IRR 11.2

Any amendments to or revisions to this Implementing Rules and Regulations

may be proposed by any member of any regional council upon a written
request of such member, stating the reasons thereto.

IRR 11.3

Any request for amendments and revisions as well as proposed amendments

must initially be reviewed by the National Vice President for Academics then
to be forwarded to the National Executive Officers for discussion, editing and
final approval and to be noted by the National Adviser.

IRR 11.4

The National Executive Officers shall have the right to debunk any proposed
revisions and amendments, submitted to them by the National Vice President
for Academics, which are deemed unnecessary. The final decision on any
inclusions and exclusions to this Implementing Rules and Regulations must

be determined by a majority vote of all National Executive Officers in which

the National Vice President for Academics is included.
IRR 11.5

Amendments to particular provisions in this Implementing Rules and

Regulations shall be allowed provided that such amendments will be
communicated to stakeholders at least two weeks before it could take effect.

IRR 12.0

SEPARABILITY CLAUSE

IRR 12.1

If any clause, provision, paragraph or part of this Implementing Rules and

Regulations shall be declared unconstitutional or invalid, such judgment shall
not affect, invalidate, or impair any other part hereof, but shall be merely
confined to the clause, provision, paragraph or part directly involved in the
controversy in which such judgment has been rendered.

IRR 13.0

REPEALING CLAUSE

IRR 13.1

Any rule and regulation or resolution or part/s thereof inconsistent with the
provisions of this Implementing Rules and Regulations are hereby repealed
or modified accordingly.

IRR 14.0

EFFECTIVITY

IRR 14.1

This Implementing Rules and Regulations shall take effect immediately after
its presentation and approval from the Executive Board Meeting.
Promulgated in the City of Naga this 29th Day of December, 2015.

PREPARED BY:

Berlin C. Taguba III

National Vice President for Academics
Ateneo de Naga University

APPROVED BY:
___________________________________
Rushnell B. De Vera
NATIONAL PRESIDENT
University of the Assumption

___________________________________
Joshua Eric J. Jimenez
NATIONAL VICE PRESIDENT FOR
NONACADEMICS
National University - Manila

___________________________________
Christian G. Dela Rosa
NATIONAL VICE PRESIDENT FOR
MEMBERSHIP
Eduardo L. Joson Memorial College

___________________________________
Anthony Al R. Duran
NATIONAL VICE PRESIDENT FOR
FINANCE
University of San Carlos

___________________________________
Francis Elgbert P. delos Santos
VICE PRESIDENT FOR
COMMUNICATIONS NCR
Far Eastern University- Makati

___________________________________
Rhod Jeran S. Sabater
VICE PRESIDENT FOR
COMMUNICATIONS LUZON
Bicol University

___________________________________
Krisanto L. Calagos
VICE PRESIDENT FOR
COMMUNICATIONS VISAYAS
Christ the King College

___________________________________
Omiberto P. Pablo, Jr.
VICE PRESIDENT FOR
COMMUNICATIONS MINDANAO
Western Mindanao State University

___________________________________
Mark Christian Canlubo
NATIONAL VICE PRESIDENT FOR
GRAPHICS AND PUBLICATION

___________________________________
Marko P. Alejandro
NATIONAL VICE PRESIDENT FOR AUDIT
Ateneo de Zamboanga University

Philippine School of Business

Administration Quezon City

___________________________________
Ellen Joy T. Cajes
NATIONAL SECRETARY GENERAL
Ateneo de Davao University

___________________________________
Jerwin Dave V. Patacsil
NCR PRESIDENT
Far Eastern University Manila

___________________________________
Arvince Dylan I. Tabamo
REGION 1 and CAR PRESIDENT
University of Baguio

___________________________________
Veverly A. Sangabol
REGION 2 PRESIDENT
Patria Sable Corpus College

___________________________________
Edison Q. Perez
REGION 3 PRESIDENT
Tarlac State University

___________________________________
John Jerick T. Fernandez
REGION 4 PRESIDENT
Laguna State Polytechnic University
San Pablo City Campus

___________________________________
Angelica Marie S. Uy
REGION 5 PRESIDENT
Divine Word College of Legaspi

___________________________________
Danica D. Bithao
REGION 6 PRESIDENT
St. Paul University Iloilo

___________________________________
Francoise Dale C. Fua
REGION 7 PRESIDENT
University of San Carlos

___________________________________
Jerome Anthony C. Gobenciong
REGION 8 PRESIDENT
Eastern Visayas State University

___________________________________
Vicente M. Ortega, Jr.
REGION 9 PRESIDENT
St. Vincents College

___________________________________
Danilo L. Flores, Jr.
REGION 10 and CARAGA PRESIDENT
Mindanao State University Main
Campus

___________________________________
Rosemarie S. Quirante
REGION 11 PRESIDENT
Ateneo de Davao University

___________________________________
Allysza Mae B. dela Fuente
REGION 12 PRESIDENT
Notre Dame of Dadiangas University

NOTED BY:

___________________________________
Mr. Nilo Burgos, CPA MBA
NATIONAL ADVISER, NFJPIA