About Us
- About PICPA
- Vision, Mission, and Core Values
The Philippine Institute of Certified Public Accountants (CPAs) or PICPA is a non-stock, non-profit organization duly recognized and accredited by the Professional Regulation Commission (PRC) as the Accredited Integrated Professional Organization (AIPO) for Accountancy in the Philippines.
In 1929, PICPA’s founders have set forth the institute’s noble objectives: (1) To promote and maintain high professional and ethical standards among accountants; (2) To advance the science of accounting; (3) To develop and improve accountancy education; (4) To encourage cordial relations among accountants; and (5) To protect the Certificate of Certified Public Accountants granted by the Republic of the Philippines.
In 1973, PICPA received from then-PRC Chair Eric Nubla, Certificate of Accreditation No. 6, a distinction that recognized the Institute as the first bona fide and accredited professional organization (APO) of CPAs. In 1988, with PICPA’s compliance to PRC Resolution No. 106 and to its amending Resolution No. 142 both of which carried out the Integration of the Accountancy Profession, PICPA was subsequently pronounced integrated, thus elevated to its AIPO status.
In September 1996, the Securities and Exchange Commission (SEC) approved the amendments of PICPA’s Articles of Incorporation extending its corporate life for another fifty (50) years. Moreover, in accordance with the Republic Act No. 9298 otherwise known as the Accountancy Act of 2004, PICPA amended its By-Laws and changed its organizational structure to formally recognize and give focus to the four sectors of the accountancy profession: Commerce and Industry, Public Practice, Government and Education; as well as to the four geographical groupings: Luzon, Visayas, Mindanao and the National Capital Region (NCR).
Awarded five times as PRC’s Most Outstanding APO in 1995, 2005, 2012, 2013 and in 2018, PICPA certainly stands tall in the professional arena, both in the local and in the international front.
Vision
A responsive and globally relevant professional organization committed to service excellence towards its member and stakeholders.
Mission
To serve the best interest of the members and the stakeholders while promoting, upholding, and maintaining high standards in the accountancy profession and protecting public interest.
Core Values
Professional Excellence – We are committed to excellence in all aspects of our professional practice.
Integrity – We advocate the truth and conduct ourselves at all times with honesty, uprightness and adherence to sound moral principles, thereby gaining the respect of the public.
Commitment – We bind ourselves to uphold these ideals to ensure the accomplishment of PICPA’s Vision and Mission.
Partnership and Team Work – We uphold a strong bond of unity, working in the spirit of harmony and commonality.
Advocacy for Quality – We strictly adhere to the code of professional conduct adopted by PICPA to ensure highest spiritual, moral, and ethical standards.
New Technologies and Innovativeness – We seek and apply new ideas to improve performance. We continuously promote creativity, flexibility, and resourcefulness amidst constant change.
Social Responsibility – We commit ourselves to a strong, active, and devoted sense of duty to society.