PACU-COA ACCREDITATION
The course offering of the College of Accountancy, Bachelor of Science in Accountancy (BSA) was granted LEVEL 1 FORMAL ACCREDITATION by the Philippine Association of Colleges and Universities - Commission on Accreditation (PACU-COA) which is valid until April, 2009. This accreditation means that the program offered by the College of Accountancy passed the standards set for the mentioned level including the PASSING PERCENTAGE of the CCP CANDIDATES at the CPA Professional Licensure Examinations versus the NATIONAL PASSING PERCENTAGE.
PERFORMANCE at the CPA BOARD EXAMINATIONS
For the last 14 CPA EXAMINATIONS, covering examinations from October, 2000 to May 2007, the CENTRAL COLLEGES of the PHILIPPINES registered remarkable POSITIVE RESULTS. And in the LAST FOUR (4) CPA EXAMINATIONS, CCP registered results HIGHER THAN the NATIONAL PASSING PERCENTAGE. This performance would easily qualify the BSA PROGRAM to a higher LEVEL of accreditation.
The CCP HIGH-PERFORMANCE at the CPA PROFESSIONAL LICENSURE EXAMINATIONS was cited several times at the PACSB News (the Official Newsletter of the Philippine Association of Collegiate Schools of Business). In addition, the CCP PERFORMANCE at the CPA PROFESSIONAL LICENSURE EXAMINATIONS easily lodged the school among the TOP TEN (10) SCHOOLS offering BACHELOR of SCIENCE in ACCOUNTANCY in the CATEGORY of 10 to 20 fielded candidates on every CPA examination.
The CCP HIGH-PERFORMANCE is attributed to the following:
- the ACCOUNTING FACULTY are ALL PROFESSORIAL LECTURERS who are committed in promoting QUALITY ACCOUNTING EDUCATION by continuously updating themselves with the current developments in Accounting, Auditing, Taxation, Business Law, and Management Advisory Services; (the faculty are all members of the Association of CPAs in Education -ACPAE; four (4) are CPA reviewers including a CPA-Lawyer who is an author in Business Law and eighty per cent (80%) are with MBAs);
- the ACCOUNTING BUSINESS CENTER which was conceptualized and installed with the end-purpose of providing the Accounting students with knowledge in and use of Business Accounting softwares currently adapted by the industry;
- the ACCOUNTING TEST BANK that is updated by the faculty and the reviewers twice a year. The TEST BANK is made available to all accounting students and reviewees; making the CCP students at par with the other candidates of other schools at the CPA Licensure examinations.
- the COMPETITIVE and ENHANCED Bachelor of Science in Accountancy curriculum offered by CCP is being subjected to a YEARLY WORKSHOP by the faculty and supported by up-dated SYLLABI; these (syllabi) are made available to accounting students at the start of every semester;
- the ACCOUNTING STUDENTS are required to pass the requirements of the RETENTION POLICY in the accountancy program of CCP; the Accounting Students are required to undergo series of qualifying; diagnostic; and comprehensive examinations; all resulting to better-prepared accounting students vis-à-vis the CPA Licensure Examination.
- the ACTIVE participation of all ACCOUNTING STUDENTS, thru the Junior Philippine Institute of Accountants (JPIA- CCP CHAPTER), in all accounting academic activities particularly seminars and workshops designed to uplift the morale of the students in over-riding the CHALLENGES of the academic institutions and the industry.
With the ABOVE-AVERAGE performance of CCP and the with sound implementation of the requirements of the accounting program, there is now an INCREASING TREND in the enrollment at the BACHELOR of SCIENCE in ACCOUNTANCY with the 1st SEMESTER of SY2007-08 showing an INCREASE of 40% over that of the previous school year.
The current population of the accounting program (SY-2007-08) is mostly coming from the National Capital Region with 53%; Region IV with 23%; and from Region III with 7%; the rest are evenly coming from the different regions of the Philippines.
