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IMPLEMENTING

RULES AND REGULATIONS

IN THE CONDUCT OF THE

2015 NATIONAL MOCK BOARD

EXAMINATION

REVISION HISTORY:

Version No. Date Revised By Approved By Noted By Details

1 11/03/2013Kristyl Joy D.

Pereye

Matthew U.

Gopez

Mr. Roel E.

Hermosilla,

CPA

Initial

Issue

2 5/13/2014Adrianne B.

Harve

Janine Nicole C.

Orcena

Mr. Asser

Tamayo, CPA

Annual

Update


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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 8 Board Exam subjects namely

Auditing Theory, Auditing Problems, Practical Accounting 1, PracticalAccounting 2, Theory of Accounts, Management Advisory Services, Business

Law and Taxation. 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 theorganization 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 ofJunior Philippine Institute of Accountants for Federation Year 2014-2015.

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 2014-2015.


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IRR 4.0 REGISTRATION GUIDELINES

IRR 4.0.1 The registration period starts on December 13, 2014 and will end on

January 15, 2015 . 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 2015 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 January 15,

2015.

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 January

15, 2015. The resume must be in PDF and is required to be renamed with

the surname, name and school of the sender.

Example: Harve, Adrianne_UA.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 pre-

registered examinees as of January 17, 2015 to the National Vice President

for Academics and must deposit the collection remitted on or before January

24, 2015 .

IRR 4.2.2 The Regional Vice President for Academics must also send a master list of all

examinees from his/her region. ( See


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nfjpia1415_Mockboard_masterlist.docx ). There should be one excel

sheet per Local chapter contained in this file. This shall be sent to

[email protected] on or before January 17, 2015. The

filename format to be used shall be Region_NMBE_.xlsx. All requirements

(Masterlist and resume of examinees)

IRR 5.0 ITINERARY

Day 1

7:30-8:00 General Instructions/Filing up of Forms

8:00-10:00 Exam 1: Theory of Accounts

10:00-10:15 Short Break

10:15-12:15 Exam 2: Auditing Theory

12:15-1:15 Lunch Break

1:15-4:15 Exam 3: Practical Accounting 1


4:30-7:30 Exam 4: Management Services

Day 2

8:00-10:00 Exam 5: Business Law


10:15-12:15 Exam 6: Taxation

12:15-1:15 Lunch Break

1:15-4:15 Exam 7: Auditing Problems4:15-4:30 Short Break

4:30-7:30 Exam 8: Practical Accounting 2

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.


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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 (non-

programmable 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

Auditing Theory 100 2 hours

Auditing Problems 50 3 hours

Taxation 50 2 hours

Business Law 50 2 hours

Management Services 70 3 hours

Practical Accounting I 50 3 hours

Practical Accounting II 50 3 hours

Theory of Accounts 100 2 hours
http://www.prc.gov.ph/page.aspx?id=3http://www.prc.gov.ph/page.aspx?id=3http://www.prc.gov.ph/page.aspx?id=3http://www.prc.gov.ph/page.aspx?id=3


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IRR 8.0 AWARDS AND RECOGNITIONS

IRR 8.1 The following awards shall be given to the top performers during theNational Mock Board Exam 2015:

Top 1-10 Examinees Master of Practical Accounting I Master of Practical Accounting II Master of Auditing Problems Master of Auditing Theory

Master of Management Services Master of Business Law Master of Taxation Master of Theory of Accounts 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


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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.


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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 Manila this 29th Day of May, 2014.

Prepared by:

Adrianne B. Harve

National Vice President for Academics

University of the Assumption

APPROVED BY:

________________________________________Janine Nicole C. OrcenaNATIONAL PRESIDENT

Ateneo de Davao University

________________________________________Rezerind C. Prado

NATIONAL VICE PRESIDENT FORNON ACADEMICS

St. Scholasticas College - Manila

________________________________________Paul Angelo G. Gonzaga

NATIONAL VICE PRESIDENT FORFINANCE

Far Eastern University - Manila

________________________________________Silver B. Kim Ibale

NATIONAL VICE PRESIDENT FORMEMBERSHIP

University of San Jose - Recoletos

________________________________________Gizelle C. Almeda

NATIONAL VICE PRESIDENT FOR MEDIAFar Eastern University - Manila

________________________________________Francis Gerard O. Toscano

NATIONAL VICE PRESIDENT FORCOMMUNICATIONS - LUZON

Bicol University


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________________________________________Jefferson Dave B. Guimpayan

NATIONAL VICE PRESIDENT FORCOMMUNICATIONS - NCR

sLyceum University of the Philippines

________________________________________Jensie Ardith D. Esponilla

NATIONAL VICE PRESIDENT FOR AUDITChrist the King College

________________________________________

Rushnell B. De VeraNATIONAL SECRETARY GENERALUniversity of the Assumption

________________________________________John Kenneth V. Silo

NCR PRESIDENTPamantasan ng Lungsod ng Pasig

________________________________________Elmaerwin R. Sibucao

REGION 1, CAR PRESIDENTDivine Word College of Laoag

________________________________________Judimyr Aiza C. ApolinarREGION 2 PRESIDENT

St. Marys University of Bayombong

________________________________________Renzel D. EvangelistaREGION 3 PRESIDENT

Angeles University Foundation

________________________________________Ma. Leah D. Urgelles

REGION 4 PRESIDENTUniversity of Perpetual Help System

Bian Campus

________________________________________Uner Percil

REGION 5 PRESIDENTCamarines Norte State College

________________________________________Shemrel Ashley B. Arellano

NATIONAL VICE PRESIDENT FORCOMMUNICATIONS - VISAYAS

University of San Jose - Recoletos

________________________________________Christine Abigail G. Piaoan

NATIONAL VICE PRESIDENT FORCOMMUNICATIONS - MINDANAO

Ateneo de Davao University


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________________________________________John Leovic B. Villanueva

REGION 6 PRESIDENTUniversity of the Philippines Visayas

________________________________________Earl Lorenz Minerva

REGION 7 PRESIDENTUniversity of San Jose-Recoletos

________________________________________Gerald Asuncion

REGION 8 PRESIDENTUniversity of Eastern Philippines

________________________________________Aireeza L. Tandih

REGION 9 PRESIDENT Ateneo de Zamboanga University

________________________________________Aminollah T. Gamama

REGION 10, CARAGA PRESIDENTRC Al Khwarizmi. International College

Foundation Inc

________________________________________Kheen V. Batingal

REGION 11 PRESIDENTUnversity of Mindanao Tagum Campus

________________________________________Jon Leo J. Licayan

REGION 12 PRESIDENTNotre Dame of Dadiangas University

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