NATIONAL MOCK

BOARD EXAMINATION
2020 GENERAL

GUIDELINES

TABLE OF
CONTENTS

1.0 BACKGROUND 2
2.0 OBJECTIVES 2

3.0 ELIGIBILITY 3

4.0 REQUIREMENTS 3

5.0 ANNOUNCEMENT OF GRANTEES 6

6.0 ENFORCEMENT OF THE GENERAL GUIDELINES 6

7.0 AMENDMENTS OF REVISIONS 6

8.0 SEPARABILITY CLAUSE 12

9.0 REPEALING CLAUSE 12

10.0 EFFECTIVITY 12

1.0
BACKGROUND

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 are gathered for
2 days to test their knowledge and skills in answering 6 Board Exam
subjects namely Financial Accounting and Reporting, Advanced
Financial Accounting and Reporting, Management Accounting and
Control, Auditing, Taxation and Regulatory Framework for Business
Transactions. 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.

2.0
OBJECTIVES

2.1 To help students test their knowledge and wit in answering the different

Board Exam
Subjects;

2.2 To prepare the students in the actual CPA Board Examination;

2.3 To increase the level of participation of the local and regional councils with

their involvement in NFJPIA activities;

and,

2.4 To promote excellence and produce topnotch students that will represent

the organization in the actual CPA Board

Examination.

3.0
QUALIFICATIONS

3.1 The National Mock Board Examination is a nationwide-simultaneous event

to be conducted by NFJPIA, in cooperation with its partner

 institutions and all the regional councils, open for application to
students who are bona fide members of the National Federation -
Junior Philippine Institute of Accountants for the Federation Year
2019-2020.

3.2 The examinee must be at least in his/her penultimate year of tertiary

education, i.e. 3rd year for a 4-year course and 4th year for a 5-year
course.

4.0 REGISTRATION
GUIDELINES

4.1 The registration period starts January 8, 2020 and will end on January 29,

2020. Only pre-registered examinees are allowed to take the

examination.

4.2 No walk-ins will be allowed to take the 2019 National Mock Board
Examination.

4.3 LOCAL CHAPTER (LC) REGISTRATION GUIDELINES

4.3.1 Each examinee, must pre-register with his/her Local Chapter. The

Local Chapter President must fill-out the master list (softcopy)

provided by NFJPIA (all fields must be filled out. Incomplete

information would not be considered). This will serve as the

final list
 to be submitted to their respective Regional Councils. The
softcopy of preregistration 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 29, 2020.

4.3.2 The examinee’s school ID must be presented at the start of every

examination day, and is to be checked by the attending

proctor.

4.3.3 All local chapters should strictly follow the given deadline as to the

pre-registration to sufficiently supply the number of materials

needed for the examinees per

region.

4.4 REGIONAL COUNCIL (RC) REGISTRATION

GUIDELINES

4.4.1 The Regional Council must send a confirmation, as to the number of

pre-registered examinees on or before January 30, 2020, to

the

National Vice President for Academics and must deposit the

collection to the NF’s bank account (to be provided upon

request) on or before January 31, 2020.

4.4.2 The Regional Vice Presidents for Academics must send a master list

of all examinees from his/her region (pro-forma to be

provided by
 NFJPIA). There should be one excel sheet per Local chapter

contained in this file. This shall be uploaded to the region’s

respective folder in the National Vice-President for Academics’
Google Drive (to be provided upon request) on or before
January 30, 2020. The filename format to be used shall be
Region(x)_NMBE2020_.xlsx.

4.5 REGISTRATION FEE

SCHEME

Registration fee for 2019 National Mock Board Examination is P

300.00.

5.0 TIME FRAME AND

SCHEDULE

5.1 The National Mock Board Examination shall be held simultaneously in hubs

from the regions all over the country on February 8-

9, 2020.

5.2 Each hub shall STRICTLY follow the following matrix as the time frame in

conducting its
examination:
Day
1

6:30 AM -7:00 AM General Instructions/Filing up of Forms

7:00 AM - 10:00 AM Exam 1: Financial Accounting & Reporting

10:15 AM - 1:15 PM Exam 2: Auditing

1:15 PM – 2:00 PM Lunch Break

2:00 PM – 5:00 PM Exam 3: Advanced Financial Accounting & Reporting

Day
2

7:00 AM - 10:00 AM Exam 4: Management Accounting and Control

10:15 AM - 1:15 PM Exam 5: Taxation

1:15 PM – 2:00 PM Lunch Break

2:00 PM – 5:00 PM Exam 6: Regulatory Framework for Business Transactions

6.0 GENERAL EXAMINATION

GUIDELINES

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
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.

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.

6.4 Any examinee caught cheating will be disqualified in taking the entire mock

board examination.

6.5 Examinees are allowed to leave the room every after each board subject,

provided that they are done with the exam. Once left the room, they
are not allowed to go inside unless all other examinees are done.

6.6 Examinees are not allowed to eat inside the examination rooms. They will

be allowed to eat outside and return 15 minutes before the start of

the next exam.

6.7 Only calculators allowed by Philippine Regulator 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.
6.8 Examinees using unlisted calculators shall not be allowed to take the

subjects requiring the use of

calculators.

7.0 EXAMINATION
SUMMARY

7.1 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

Subject No. of Items Time Alloted

Financial Accounting 70 3 hours
and Reporting
Advanced Financial 70 3 hours
Accounting and
Reporting
Taxation 70 3 hours
Auditing 70 3 hours
Management 70 3 hours
Advisory Services
Regulatory 100 3 hours
Framework for
Business
Transactions
8.0 AWARDS AND
RECOGNITIONS

8.1 The following awards shall be given to the top performers during the

National Mock Board Exam 2020:

• Top 1-10 Examinees

• Master of Financial Accounting and Reporting

• Master of Advanced Accounting

• Master of Taxation

• Master of Auditing

• Master of Management Accounting and Control

• Master of Regulatory Framework for Business Transactions

• 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

9.0 VIOLATIONS AND SANCTIONS GUIDELINES

9.1 The above-mentioned General Guidelines 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.

9.1 Any questions raised by the contestants that are not included in the

guidelines shall be subjected to the jurisdiction of the National Vice

President for Academics. The decision of the National Vice President for

Academics and will be final and evocable.

10.0 ENFORCEMENT OF THE GENERAL GUIDELINES

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

General Guidelines. The Executive Officers also have the sole right to

interpret the contents of this General Guidelines and their decision will be

binding and evocable.

10.2 The National Adviser or his duly designated representative shall act as legal

adviser to the National Vice President for Communications (NCR, Luzon,

Visayas, and Mindanao) and the National Executive Officers and shall render

legal assistance as may be necessary in carrying out the provisions of this

 General Guidelines.

11.0 AMENDMENTS OF REVISIONS

11.1 The Federation shall be vested with the exclusive power to revise and

amend the General Guidelines.

11.2 Any amendments to or revisions to this General Guidelines may be

proposed by any member of any regional council upon a written request of

such member, stating the reasons thereto.

11.3 Any request for amendments and revisions as well as proposed

amendments must initially be reviewed by the National Vice Presidents for

Academics then to be forwarded to the federation for discussion, editing

and final approval and to be noted by the National Adviser.

11.4 The federation 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 General Guidelines must be determined by

a majority vote of the Executive Officers in which the Vice Presidents for

Academics is included.
12.0 SEPARABILITY CLAUSE

12.1 If any clause, provision, paragraph or part of this General Guidelines 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.

13.0 REPEALING CLAUSE

13.1 Any rule and regulation or resolution or part/s thereof inconsistent with the

provisions of this General Guidelines are hereby repealed or modified

accordingly.

14.0 EFFECTIVITY

14.1 This General Guidelines shall take effect immediately after its presentation

and approval from the National Executive Officers.

PREPARED BY:
 Bryle Jake S. Rodado

National Vice President for Academics

University of Mindanao - Main

CERTIFIED CORRECT:

Jorgina Galit

National Secretary General

University of Eastern Philippines