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ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS IN EDUCATION - REGION 02

ARTS CPA Review Center, 3/F Ala Moana Bldg., Maharlika Highway, Villasis, Santiago City

January 14, 2018

DEANS/PROGRAM COORDINATORS
School/College/Department of Accountancy
Higher Education Institutions in Region 02

Messrs./Mdmes.:

The ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS IN EDUCATION (ACPAE) REGION-


02, would like to cordially invite your institution to participate in the 1ST ACPAE REGION-02
ACCOUNTING QUIZ 2018.

Date/Time: January 28, 2018 (Sunday), 9:00 A.M.


Venue: Patria Sable Corpus College, Santiago City

The activity is in consonance to one of the purposes for which ACPAE REGION-02 is incorporated, that
is - to continuously improve the quality of accounting education and contribute to the development of
aspiring CPAs.

With this, we are hoping to a fruitful partnership between your institution and ACPAE Region-02.

Thank you.

Truly yours,

ARTHUR C. SONDAY III, CPA, MBM JONATHAN B. DE VEYRA, CPA, MBA


Founder & First Vice President, ACPAE Region-02 President, ACPAE Region-02
ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS IN EDUCATION - REGION 02
ARTS CPA Review Center, 3/F Ala Moana Bldg., Maharlika Highway, Villasis, Santiago City

IMPLEMENTING RULES

1. The 1ST ACPAE REGION-02 ACCOUNTING QUIZ is open to representatives of higher education
institutions in Region-02 offering Accountancy/Accounting Technology/Management Accounting
programs.

2. Each participating school is allowed to send in one (1) team of two (2) members.

3. The quiz will cover all the CPA licensure examination subjects.

4. The quiz consists of twenty (20) questions - ten (10) Easy, five (5) Average and five (5) Difficult.
Each question has the following equivalent points: four (4) points for Easy, five (5) points for
Average, and seven (7) points for Difficult. Participants will be given ten (10) seconds and forty-
five (45) seconds to answer Theory Questions and Problem Solving, respectively.

5. Participants are advised to be at the designated place fifteen (15) minutes before the time scheduled.
Late participants are still allowed to participate; however, the team will be disqualified for the
questions it had missed.

6. Participants will be provided with a copy of the questions. The Quizmaster will read each question
once. The timer starts after the Quizmaster says “GO”.

7. Calculators (non-programmable) are allowed and flash cards provided for the contest will be used.

8. Clarifications regarding a particular question/problem must be addressed to the Quizmaster before


the Quizmaster starts reading the next question. Only participants are allowed to raise the
clarifications. The decision of the Quizmaster is final.

9. Any person found coaching will be forced to leave the venue. Participants caught cheating will be
disqualified. The Quizmaster shall have the absolute control over the conduct of the quiz.

10. All points will be accumulated in all three categories. The team garnering the highest score will be
declared Champion of the 1ST ACPAE REGION-02 ACCOUNTING QUIZ. In case of tie, clincher
question(s) will be drawn.

Champion - trophy/plaque, medals and certificates


1st Runner-Up - medals and certificates
2nd Runner-Up - medals and certificates
Participants - certificates