The Philippine Institute of Certified Public Accountants (PICPA) is the national professional accountancy body of the Philippines. Explorers with an accounting background first formed the PICPA in November 1929.[2] The PICPA focuses on four areas of practice for a CPA: Public Practice, Commerce and Industry, Education, and Government.[2]
Aims
The PICPA was established with the following aims and purposes:
To enable the growth profession to discharge its public responsibilities more effectively;
To promote and maintain high professional standards in the accountancy profession;
To develop among its members high ideals of competence, ethical conduct, integrity, and civic consciousness;
To foster cordial, harmonious, and fruitful relations among its members;
To elevate the standards of accountancy education;
To guard against the practice of the profession by unauthorized persons or entities and in general;
To protect and enhance the integrity of the certificate of registration of the Certified Public Accountant;
To develop a treaty of friendship among its members.[3]