UNDERSTANDING THE

PHILIPPINE QUALIFICATIONS
FRAMEWORK FOR CPAS IN
COMMERCE & INDUSTRY
 NDEGIONAL
R EMAND
ATIONAL
MOBILITY
FOR
QRUALIFICATIONS
EFERENCING
CFFOMPARABILITY
RAMEWORKS
RAMEWORK
 MYANMAR

LAOS

THAILAND
PHILIPPINES

VIETNAM

CAMBODIA

Brunei
MALAYSIA

SINGAPORE

INDONESIA
- is a common reference framework that enables
comparisons of education qualifications across
participating ASEAN Member States (AMS)

- it aims to have a neutral influence on national

qualifications frameworks (NQF) of participating
AMS

- engagement in AQRF does not require

changes to national qualifications systems
(NQS). AQRF respects the specific structures and
processes of participating AMS to maintain their
responsiveness to national priorities
 Support
recognition
of
qualifications

Promote Promote
higher
leaner and
quality
worker qualifications
mobility systems

AQRF
Develop Lead to better
approaches understanding
to validate of
non-formal qualifications
education systems
Develop
qualifications
framework to
encourage
lifelong
learning
Singapore (6)
Vietnam (5)
Myanmar (4)
 Role of AQRF in ASEAN
Community Building-
an ASEAN Cross-Sectoral
Initiative

free flow of skilled

labor (through
harmonization and
standardization)

develop human
resources through
closer cooperation in
education & lifelong
learning
National Qualifications Framework of the ASEAN Member States
Malaysia (8 Levels) Indonesia (9 Levels)
National Qualifications Framework of the ASEAN Member States
Philippines (8 Levels) Brunei (8 Levels)
National Qualifications Framework of the ASEAN Member States
Cambodia (8 Levels) Thailand (9 Levels)

Vietnam (5 Levels) Singapore (6 Levels)

ASEAN QUALIFICATIONS REFERENCE FRAMEWORK
(AQRF)

Malaysia
Indonesia Philippines
Thailand Brunei
Cambodia
quality-assured national system for
the development, recognition and
award of qualifications based on
standards of knowledge, skills and
values acquired in different ways and
methods by learners and workers
educated or trained in the Philippines
 PQF
Composed of 8 levels of complexity of
learning outcomes based on 3
domains:
KNOWLEDGE, SKILLS AND VALUES
- demonstrated broad and coherent knowledge
and skills in their field of study for professional work
and lifelong learning
APPLICATION
- application in professional/creative work or
research in a specialized field of discipline and/or
further study
RESPONSIBILITY AND ACCOUNTABILITY
- independent and/or in teams of related field
AQRF
Composed of 8 levels of complexity of
learning outcomes based on 2
domains:
KNOWLEDGE AND SKILLS
- includes the various kinds of knowledge such
as facts and theories as well as the skills used,
such as practical and cognitive skills
APPLICATION AND RESPONSIBILITY
-defines the context in which the knowledge and
skills are used in practice as well as the level of
independence including the capacity to make
decisions and the responsibility for oneself and
others
 Align
Support the
Adopt domestic
development
national qualification
&
standards and standards with
maintenance
levels for the
of pathways
outcomes of international
and
education qualifications
equivalencies
framework
 Encourages life-long learning

Recognized Certificates and Licenses

Assures that standards and qualifications are consistent with job

requirements/demand

Provides common understanding of standards, qualifications and levels

Conformance to standards and preciseness of accountability for

learning outcomes

Provides common understanding of policies and guidelines on credit

transfers, articulation, portability and bridges pathways

Provides the standards, taxonomy and typology of qualifications as

bases for granting approvals to providers and stakeholders
Institutionalization of the PQF to encourage
lifelong learning of individuals, provide
employee specific training standards and
qualifications aligned with industry standards

Formulation and implemention of a Career

Progression and Specialization Program for
Accountants for inclusion in the Philippine
Qualification Register, the national database of
quality assured qualifications authorized under
the PQF
❖ Drafting of a Resolution on the Guidelines
on the Creation and Implementation of a
Career Progression and Specialization Program
for ACCOUNTANCY (CPSP-Accountancy)

❖ Formulation of an Accountancy
Qualification Program for the 4 Practice Areas
of Public Practice, Education, Commerce &
Industry and Government to the Philippine
Qualification Framework using the Level
Descriptors. This will lead to the Creation of the
Career Progression and Specialization Program
for Accountants
❖ Preparation of the CPSP- Accountancy by the PRBOA,
using as initial inputs the Competency Frameworks
provided by the 4 sectors of PICPA, namely Public
Practice, Education, Commerce & Industry and
Government

❖ Conduct of various consultation meetings with the 4

sectoral representations from PICPA and the IPO of the
PRBOA to incorporate the comments and proposals

❖ To be conducted will be the national consultation

meetings in national conferences of the sectoral areas
and concerned national government agencies and
stakeholders
 CAREER PROGRESSION

AND

SPECIALIZATION PROGRAM
Implementation of Career Progression
and Specialization Program
COMMISSION

REGULATORY
BOARD

CPD COUNCIL

CPS
COMMITTEE

SPECIALTY SPECIALTY SPECIALTY SPECIALTY

SOCIETY SOCIETY SOCIETY SOCIETY
 The Career Pathways of the Accountancy
Profession is from General Practice (Entry Level –
PQF Level 6) to Advanced Practice (Middle
Level - PQF Level 7 and Advanced Level- PQF
Level 8)

 Four (4) Tracks of Career Progression and

Specialization as indicated in RA 9298:

1) Public Practice
2) Commerce and Industry Practice
3) Education/Academe and
4)Government Practice.
The PRACTICE Includes the Following:

❖ Public Practice as Individual Work or in

Accounting Firms

❖ Employment in Government and

Government- owned and Controlled
Corporations (GOCCs) whether in units,
departments, offices or projects

❖ Employment in Financing and Banking

Institutions

❖ Employment in Private, Profit or Non-profit

Organizations
The PRACTICE Includes the Following:

❖ Employment as Educators and School

Administrators

❖ Consultancy Services

❖ Planning, Monitoring and Technical Audit

❖ Employment in Foreign Service and

Missions

❖ Employment Abroad
 Authority Granting
Qualification
Descriptor Level Agency/
Title
Organization
Performs general scope of professional
practice in Accountancy pursuant to PRBOA and
Entry Level Section 4 of R.A. No. 9298, equivalent
to a Bachelor’s Degree in
6
Accountancy, with a valid license PRC

Performs specialized or supervisory

level of professional practice in
Accountancy pursuant to Section 4 of
R.A. No. 9298 that requires initiative,
PRBOA
creativity, substantial degree of
Middle Level independence, leadership in teams
and in multi/inter-disciplinary fields,
7 and
equivalent to a Master’s Degree in
Accountancy or in a related field, with PRC
a valid license, and with at least five
(5) years of experience
 Authority Granting
Qualification Title Descriptor Level Agency/
Organization

Performs highly specialized or

managerial/executive level
of professional practice in
Accountancy pursuant to
Section 4 of R.A. No. 9298 that
requires specialized cognitive,
technical and research, PRBOA
Advanced
Level managerial and executive 8 and
competence, equivalent to a PRC
Doctoral Degree in
Accountancy or in a related
field, with a valid license, and
with at least ten (10) years of
experience
 PQF LEVEL 6 – Baccalaureate Degree with Valid License
KNOWLEDGE, SKILLS AND DEGREE OF
OUTCOMES APPLICATION
VALUES INDEPENDENCE

Demonstrated broad Application in Substantial degree of

and coherent professional/ independence and/or
knowledge and skills in creative work or teams of related fields
their field of study for research in a with minimal
professional work and specialized field of supervision
lifelong learning discipline and/or
further study
Performs general Demonstrated broad Application in Substantial degree of
scope of professional and coherent professional/ independence and/or
practice in knowledge and skills creative work or teams of related fields
Accountancy pursuant for Accountancy research in a with minimal
to Section 4 of R.A. No. professional practice specialized field of supervision
9298 acquired as a discipline and/or
graduate of Bachelor further studying the
of Science in practice of the
Accountancy in any Accountancy
CHED recognized profession in the
school in the commerce & industry
Philippines and has sector
passed the Licensure
Examination for
Certified Public
Accountants given by
PRC and PRBOA
 PQF Level 7 – Post-Baccalaureate Program
DEGREE OF
OUTCOMES KNOWLEDGE, SKILLS AND VALUES APPLICATION
INDEPENDENCE

Demonstrated advanced knowledge Applied in High substantial

and skills in a specialized or multi- professional/creative degree of
disciplinary field of study for work or research that independence that
professional practice, self-directed requires self-direction involves exercise of
research and/or lifelong learning and/or leadership in a leadership and
specialized or multi- initiative in individual
disciplinary work or in teams of
professional multi-disciplinary
work/research field

Performs Demonstrated advanced knowledge Applied in High substantial

specialized or and skills in a specialized or multi- professional/creative degree of
supervisory disciplinary field of study for work or research that independence that
level of professional practice, self-directed requires self-direction involves exercise of
professional research and/or lifelong learning and/or leadership in a leadership and
practice in acquired as a post-baccalaureate specialized or multi- initiative in individual
Accountancy graduate of Accountancy, or any disciplinary work or in teams of
pursuant to related field, in any CHED recognized professional multi-disciplinary
Section 4 of school in the Philippines, has a valid work/research in the field
R.A. No. 9298. license for Certified Public practice of the
Accountants given by PRC and Accountancy
PRBOA, and with at least five (5) years profession in the
of experience commerce & industry
sector
 PQF Level 8 – Doctoral Degree and Post-Doctoral Programs
DEGREE OF
OUTCOMES KNOWLEDGE, SKILLS AND VALUES APPLICATION
INDEPENDENCE

Demonstrated highly advanced Applied for Full independence in

systematic knowledge and skills in a professional individual work and/or in
highly specialized and/or complex leadership for teams of multi-
multi-disciplinary field of learning for innovation, disciplinary and more
complex research and or professional research and/or complex setting that
practice and/or for the advancement development demands leadership for
of learning management in creativity and strategic
highly specialized value added. Significant
or multi- level of expertise-based
disciplinary field autonomy and
accountability.

Performs Demonstrated highly advanced Applied for Full independence in

highly systematic knowledge and skills in a professional individual work and/or in
specialized or highly specialized and/or complex leadership for teams of multi-
managerial/ multi-disciplinary field of learning for innovation, disciplinary and more
executive complex research and or professional research and/or complex setting that
level of practice and/or for the advancement development demands leadership for
professional of learning acquired as a doctoral or management in creativity and strategic
practice in post-doctoral graduate of highly specialized value added. Significant
Accountancy Accountancy, or any related field, in or multi- level of expertise-based
pursuant to any CHED recognized school in the disciplinary field in autonomy and
Section 4 of Philippines, has a valid license for the practice of the accountability.
R.A. No. 9298. Certified Public Accountants given by Accountancy
PRC and PRBOA, and with at least ten profession in the
(10) years of experience commerce &
CPD Framework for Commerce and
Industry Practice
Technical
Competence

Ethics &
Integrity
Leadership
and Business
Governance Acumen
DOMAINS CAREER PROGRESSION
Knowledge, Skills and Values Descriptors
LEVEL 6 LEVEL 7 LEVEL 8
ENTRY LEVEL MIDDLE LEVEL ADVANCED LEVEL
Education Bachelor’s Degree Masteral Degree Masteral/Doctoral Degree

The accountant is The accountant is able to The accountant is able to

able to demonstrate demonstrate good demonstrate detailed
foundational understanding and understanding and in-
knowledge of the working knowledge of the depth knowledge of the
professional professional accounting professional accounting
accounting and and auditing standards, and auditing standards,
auditing standards, budgeting and forecasting, budgeting and
budgeting and financial, cost and risk forecasting, financial,
forecasting, financial, management, cost and risk
cost and risk transactional accounting, management,
TECHNICAL
COMPETENCE management, tax rules and regulations, transactional accounting,
transactional other applicable laws and tax rules and regulations,
accounting, tax rules regulations, internal other applicable laws
and regulations, controls, and management and regulations, internal
other applicable and financial reporting and controls, and
laws and regulations, analysis, and ability to management and
internal controls, and make preliminary financial reporting and
management and assessment of their analysis, and ability to
financial reporting application in a given review and challenge
and analysis organizational situation application in a given
organizational situation
DOMAINS CAREER PROGRESSION
Knowledge, Skills and Values Descriptors
LEVEL 6 LEVEL 7 LEVEL 8
ENTRY LEVEL MIDDLE LEVEL ADVANCED LEVEL
Education Bachelor’s Degree Masteral Degree Masteral/Doctoral Degree

The accountant is The accountant is able The accountant is able to

able to to demonstrate good demonstrate detailed
demonstrate understanding and understanding and in-
foundational working knowledge of depth knowledge of
knowledge of business strategies, business strategies,
business project management project management
strategies, project and quality and quality improvement
models, market and
BUSINESS management improvement models,
regulatory environment
ACUMEN and quality market and regulatory
and ability to develop
improvement environment and and devise strategy for
models, market ability to implement specific organizational
and regulatory such knowledge in situation/s and to
environment specific organizational institutionalize learning
situation/s gained
 DOMAINS CAREER PROGRESSION
Knowledge, Skills and Values Descriptors
LEVEL 6 LEVEL 7 LEVEL 8
ENTRY LEVEL MIDDLE LEVEL ADVANCED LEVEL
Education Bachelor’s Degree Masteral Degree Masteral/Doctoral Degree

The accountant The accountant is able The accountant is able

is able to to demonstrate good to demonstrate detailed
demonstrate understanding and understanding and in-
foundational working knowledge of depth knowledge of
knowledge of governance, governance,
governance, communication skills, communication skills,
communication negotiation and negotiation and
LEADERSHIP skills, negotiation facilitation skills, facilitation skills,
and facilitation teamwork teamwork
&
skills, teamwork enhancement, conflict enhancement, conflict
GOVERNANCE
enhancement, resolution, and social resolution, and social
conflict responsibility and ability responsibility and ability
resolution, and to make preliminary to devise, review and
social assessment of their challenge application
responsibility application in specific in specific
organizational organizational
situation/s situation/s
 DOMAINS CAREER PROGRESSION
Knowledge, Skills and Values Descriptors
LEVEL 6 LEVEL 7 LEVEL 8
ENTRY LEVEL MIDDLE LEVEL ADVANCED LEVEL
Education Bachelor’s Degree Masteral Degree Masteral/Doctoral Degree
The accountant is The accountant is The accountant is able
able to act ethically able to identify to resolve ethical issues
ETHICS at all times and to ethical issues and to and to anticipate
&INTEGRITY demonstrate recognize and enable integrity issues and
(CORE) integrity in the integrity in the develop and manage
performance of performance of tasks strategic programs to
tasks of team members address such issues

The accounting The accounting The accounting

professional is able professional is able professional is able to
to quickly adapt to to keep abreast with anticipate the need for
INFORMATION available business and introduce new technology
& and digital emerging business applications to
COMMUNICATION
technology and digital enhance the
S TECHNOLOGY
(ICT)
applications in the technology for efficiency and
performance of continuous process effectiveness of
tasks improvement business/service
delivery
TECHNICAL COMPETENCE BUSINESS ACUMEN
Budgeting and Forecasting Business Strategies and
Financial Management Models
Cost Management Project Management
Risk Management Quality Improvement
Transactional Accounting Market and Regulatory
Environment
Financial Reporting and Analysis
Taxation
Compliance with Rules and
Regulations affecting the
Profession
Accounting Systems
Data Privacy Act
LEADERSHIP & GOVERNANCE ETHICS & INTEGRITY

Governance principles and Ethics

intervention Integrity
Communication
Negotiation and Facilitation
Teamwork
Conflict Resolution
Social Responsibility
 LEVEL 6 LEVEL 7 LEVEL 8
KNOWLEDGE, SKILLS KNOWLEDGE, SKILLS AND KNOWLEDGE, SKILLS AND
OUTCOMES
AND VALUES VALUES VALUES

Budgeting and Explain basic Recommend Create sophisticated

Forecasting budgeting and appropriate forecasting modelling technique or
forecasting methodology forecasting
process solutions/applications
Prepare projected
Identify Balance Sheet, Income Prepare consolidated
appropriate tools Statement and Cash budget across group of
(e.g., Excel) in
Flow companies or divisions
making
projections and
computations Apply best practice Set the assumptions for the
tools such as data budget process based on
Gather historical analytics in discovering external sources
data to determine relevant trends, different
trends and seasons Develop framework for
seasonality monitoring budgeting and
Consolidate data and forecasting processes
information from
multiple sources Link budget to strategic
plan objectives
 LEVEL 6 LEVEL 7 LEVEL 8
KNOWLEDGE, SKILLS KNOWLEDGE, SKILLS AND KNOWLEDGE, SKILLS AND
OUTCOMES
AND VALUES VALUES VALUES
Financial Gather historical Perform financial Develop working capital
Management data as basis for forecast, cash policies
financial forecast requirement analysis
Recommend alternative
Identify cost efficient sources of capital
sources of funds or Develop policies that will
capital enhance shareholder
Comply with loan value
covenants
Cost Identify appropriate Implement appropriate Develop cost reduction
Management inventory control cost accounting policies
measures method
Create supply chain
Perform cost Recommend process for enhanced
analysis to specific improvement to existing value to the organization
business line process to optimize
Analyze product operations
profitability
 LEVEL 6 LEVEL 7 LEVEL 8
KNOWLEDGE, SKILLS KNOWLEDGE, SKILLS KNOWLEDGE, SKILLS AND
OUTCOMES
AND VALUES AND VALUES VALUES
Risk Identify possible risks Assess impact of Create enterprise wide
Management within the identified risks risk management
organization
Implement mitigating Develop risk mitigation
Identify possible controls related to strategies
cyber security financial and Design cyber security
threats operating risks control system

Transactional Perform basic Perform specialized Communicate financial

Accounting bookkeeping account movements performance and results
function such as such as deferred of operations to
journal entries, taxation, present value stakeholders
payment processing, etc
billing and collection
of receivables
 LEVEL 6
KNOWLEDGE, SKILLS AND
OUTCOMES
VALUES
Financial Perform general ledger
Reporting and subsidiary
and reconciliations and
Analysis account analysis in
compliance with
accounting standards
Prepare basic reports on
balance sheet, and other
financial, accounting and
related schedules, exhibits,
statements or reports which
are to be used for
publication or for credit
purposes, or to be filed
with a court or government
agency, or to be used for
any other purpose
Prepare financial ratios
LEVEL 7 LEVEL 8
KNOWLEDGE, SKILLS AND KNOWLEDGE, SKILLS
VALUES AND VALUES
Finalize reports on balance Develop best
sheet, and other financial, practices in
accounting and related Financial
schedules, exhibits, Statements
statements or reports which preparation and
are to be used for publication analysis
or for credit purposes, or to be
filed with a court or Evaluate impact of
government agency, or to be new accounting
used for any other purpose standards on
organization's
Identify deviation from strategies and
Accounting standards. policies
Reconcile financial
statements prepared using Communicate
different standards i.e. IFRS vs effect of financial
GAAP ratios on
Interpret meaning of financial stakeholder
ratios
 LEVEL 6 LEVEL 7 LEVEL 8
KNOWLEDGE, SKILLS KNOWLEDGE, SKILLS KNOWLEDGE, SKILLS AND
OUTCOMES
AND VALUES AND VALUES VALUES
Taxation Prepare simple tax Supervise the filing of Prepare tax planning and
computation and accurate tax returns strategy for the organization
returns in in a timely manner
compliance with Evaluate impact of new tax
existing laws and/or Evaluate tax impact laws on organization
regulations on business decisions strategies and policies

Identify deviation Create policies to manage

from Tax Laws and tax audit and settlement
Regulations
Create policies to manage
compliance with Tax Laws
and Regulations

Compliance Identify current Supervise Evaluate the impact of new

with Rules and issuances from PRC, compliance with issuances on firm's strategies
Regulations BOA, SEC current issuances and policies
affecting the from PRC, BOA, SEC
Profession
 LEVEL 6 LEVEL 7 LEVEL 8
KNOWLEDGE, SKILLS AND KNOWLEDGE, SKILLS AND KNOWLEDGE, SKILLS AND
OUTCOMES
VALUES VALUES VALUES
Accounting Comply with established Review/approve the Integrate operation,
Systems systems and procedures transactions in the business and performance
for internal controls and different processes of applications to the
management reporting an information system financial system
and analysis Implement solutions to Design systems structure to
Identify required data business tools issues optimize operational and
that is needed to be Document business financial performance
encoded to the requirements in an Evaluate existing and
information system information system proposed information
including work flows system
Identify appropriate
hardware and software Prepare reports using the Recommend solutions that
tools different databases in promote process
the information system improvements
Data Exercise sound data Implement processes to Design data privacy
Privacy stewardship by protect privacy of systems and controls in
Act complying with all data personal information accordance with
policies and by established frameworks
documenting
procedures followed
 LEVEL 6 LEVEL 7 LEVEL 8
DEGREE OF DEGREE OF DEGREE OF
APPLICATION APPLICATION APPLICATION
INDEPENDENCE INDEPENDENCE INDEPENDENCE

Applied to Substantial Applied to High substantial Applied to Full

administrative degree of administrative degree of administrative independence
works in the independence works that independence works that in individual
practice of the and/or teams require self- that involves require work and/or in
Accountancy of related direction exercise of professional teams of multi-
profession in fields with and/or leadership and leadership for disciplinary
an minimal leadership in initiative in innovation and more
organization or supervision the practice of individual work and/or complex
a firm in the the or in teams of development setting that
commerce Accountancy multi- management demands
and industry profession in disciplinary field in the practice leadership for
sector the commerce of the creativity and
and industry Accountancy strategic value
sector profession added.
across group/s Significant
of companies level of
or divisions in expertise-
the commerce based
and industry autonomy and
sector accountability
 LEVEL 6 LEVEL 7 LEVEL 8
KNOWLEDGE, SKILLS KNOWLEDGE, SKILLS
OUTCOMES KNOWLEDGE, SKILLS AND VALUES
AND VALUES AND VALUES

Business Identify corporate Contribute in the formulation of Assess the

Strategies strategy relevant solutions and creation of processes alignment of the
and to specific across business units organization's
responsibility Identify strategic and organizational strategic
Models
gaps management with
Evaluate data for the industry
decision making Apply actual experience in different
business environments in creating Build alliances with
suitable strategic plan for the business partners
Understand the to implement multi
business flow of organization
department
the organization Apply current business best practice as change or projects
tools in decision making and
opportunities Evaluate and
approve proposed
Identify strengths, weaknesses, solutions and new
opportunities and threats that will affect processes across
the organization business units
Identify programs that will support the
organization's sustainability initiatives
 LEVEL 6 LEVEL 7 LEVEL 8
KNOWLEDGE, SKILLS KNOWLEDGE, SKILLS KNOWLEDGE, SKILLS AND
OUTCOMES
AND VALUES AND VALUES VALUES
Project Use appropriate project Lead projects using Build multiple
Management management tools such project management simultaneous projects
as checklist, milestones, tools including the that have significant
timelines, issue logs scheduling of budgets using project
resources management tools

Quality Identify and use Lead cross-functional Build multiple complex

Improvement appropriate quality and departmental quality improvement
improvement quality improvement projects
tools (e.g., process efforts
mapping, Kaizen,
fishbone
diagrams)
 LEVEL 6 LEVEL 7 LEVEL 8
KNOWLEDGE, SKILLS KNOWLEDGE, SKILLS KNOWLEDGE, SKILLS AND
OUTCOMES
AND VALUES AND VALUES VALUES
Market and Aware of the market Benchmark Formulate business
Regulatory and industry situation competition and competitive advantage and
Environment monitor market and new sources for value
Aware of current regulatory creation and assess the
accounting standards, developments that alignment of the
laws, rules and may affect the organization's strategic
regulations, practice of the management with the
ordinances and other accountancy industry
issuances affecting the profession and the
practice of the firm’s industry Recommend or participate in
accountancy regulatory policy
profession and the development/s (e.g., position
firm’s industry papers and attendance in
public consultations as
experts) that may affect the
practice of the accountancy
profession and/or the firm
 LEVEL 6 LEVEL 7 LEVEL 8
DEGREE OF DEGREE OF DEGREE OF
APPLICATION APPLICATION APPLICATION
INDEPENDENCE INDEPENDENCE INDEPENDENCE
Applied to Substantial Applied to High substantial Applied to Full
administrative degree of administrative degree of administrative independence
works in the independence works that independence works that in individual
practice of the and/or teams require self- that involves require work and/or in
Accountancy of related direction exercise of professional teams of multi-
profession in fields with and/or leadership and leadership for disciplinary and
an minimal leadership in initiative in innovation more complex
organization or supervision. the practice individual work and/or setting that
a firm in the of the or in teams of development demands
commerce Accountancy multi- management leadership for
and industry profession in disciplinary in the practice creativity and
sector. the field of the strategic value
commerce Accountancy added
and industry profession
sector across group/s Significant level
of companies of expertise-
or divisions in based
the commerce autonomy and
and industry accountability
sector
 LEVEL 6 LEVEL 7 LEVEL 8
KNOWLEDGE, SKILLS KNOWLEDGE, SKILLS AND KNOWLEDGE, SKILLS AND
OUTCOMES
AND VALUES VALUES VALUES
Governance Understand the Apply appropriate Formulate governance
principles and existing governance governance principles on framework as a guide
intervention structure and situations concerning ethical in resolving complex
complies with issued behavior and accountability ethical dilemma faced
policies within the organization by the organization

Communication Understand verbal Engage audience in Deliver presentations

and non-verbal cues interactive communication with complex issues
in personal in small and large group confidently to senior
interactions and settings and anticipate management and
delivers information needs/questions and other audiences and
in a clear and respond appropriately such answers queries/
concise manner that as delivering a learning questions convincingly
is tailored to the module or facilitating a
needs of the team focus group discussion
members
Negotiation Support positive Monitor relationships among Formulate negotiation
and Facilitation relationships among team members and other models that will yield
colleagues and other parties and institute actions positive results
parties to resolve identified issues
 LEVEL 6 LEVEL 7 LEVEL 8
KNOWLEDGE, SKILLS KNOWLEDGE, SKILLS AND KNOWLEDGE, SKILLS
OUTCOMES
AND VALUES VALUES AND VALUES
Teamwork Pro-actively support Set team goals and Devise strategies to
team goals provide timely and enhance team
constructive feedback to competence
issues raised

Conflict Identify possible Resolve conflict within Build a culture where

Resolution causes of conflict team/department or with constructive conflict
and support other parties and institute leads to continuous
interventions to or recommend improvement
resolve conflicts interventions to address
root cause/s

Social Participate in social Devise social responsibility Develop assessment

Responsibility responsibility programs that are
programs of the consistent with the core
organization competence of the
organization
tools to measure impact
of social responsibility
programs in the light of
a sustainability reporting
framework
 LEVEL 6 LEVEL 7 LEVEL 8
DEGREE OF DEGREE OF DEGREE OF
APPLICATION APPLICATION APPLICATION
INDEPENDENCE INDEPENDENCE INDEPENDENCE
Applied to Substantial Applied to High Applied to Full
administrative degree of administrative substantial administrative independence
works in the independence works that degree of works that in individual
practice of the and/or teams require self- independence require work and/or in
Accountancy of related direction that involves professional teams of multi-
profession in fields with and/or exercise of leadership for disciplinary and
an minimal leadership in leadership and innovation more complex
organization or supervision the practice initiative in and/or setting that
a firm in the of the individual work development demands
commerce Accountancy or in teams of management leadership for
and industry profession in multi- in the practice creativity and
sector. the disciplinary of the strategic value
commerce field Accountancy added
and industry profession
sector across group/s Significant level
of companies of expertise-
or divisions in based
the commerce autonomy and
and industry accountability
sector
 LEVEL 6 LEVEL 7 LEVEL 8
KNOWLEDGE, SKILLS KNOWLEDGE, SKILLS AND KNOWLEDGE, SKILLS AND
OUTCOMES
AND VALUES VALUES VALUES

Ethics Act ethically at all Identify ethical issues or Resolve ethical issues or
times in compliance those in violation of the those in violation of the
with the Code of Code of Ethics for Code of Ethics for
Ethics for Professional Professional Accountants Professional Accountants
Accountants among peers and among peers and
subordinates and institute subordinates with due
due process to resolve process and devise
these policies or create
mechanisms to prevent
re-occurrence

Integrity Demonstrate integrity Recognize and enable Anticipate integrity issues

in the performance integrity in the and develop and
of tasks and in performance of tasks by manage strategic
dealing with team/ department programs to address such
colleagues and other members issues
parties
 LEVEL 6 LEVEL 7 LEVEL 8
DEGREE OF DEGREE OF DEGREE OF
APPLICATION APPLICATION APPLICATION
INDEPENDENCE INDEPENDENCE INDEPENDENCE
Applied to Substantial Applied to High Applied to Full
administrative degree of administrative substantial administrative independence
works in the independence works that degree of works that in individual
practice of the and/or teams require self- independence require work and/or in
Accountancy of related direction that involves professional teams of multi-
profession in fields with and/or exercise of leadership for disciplinary and
an minimal leadership in leadership and innovation more complex
organization or supervision. the practice initiative in and/or setting that
a firm in the of the individual work development demands
commerce Accountancy or in teams of management leadership for
and industry profession in multi- in the practice creativity and
sector. the disciplinary of the strategic value
commerce field Accountancy added
and industry profession
sector across group/s Significant level
of companies of expertise-
or divisions in based
the commerce autonomy and
and industry accountability
sector
 LEVEL 6 LEVEL 7 LEVEL 8

KNOWLEDGE, SKILLS KNOWLEDGE, SKILLS KNOWLEDGE, SKILLS

OUTCOMES
AND VALUES AND VALUES AND VALUES

Information & Quickly adapt to Keep abreast with and Anticipate the need for
Communications available business introduces emerging new technology
Technology and digital business and digital applications to
technology technology for enhance the efficiency
applications in the continuous process and effectiveness of
performance of tasks improvement business/service
delivery
 LEVEL 6 LEVEL 7 LEVEL 8
DEGREE OF DEGREE OF DEGREE OF
APPLICATION APPLICATION APPLICATION
INDEPENDENCE INDEPENDENCE INDEPENDENCE
Applied to Substantial Applied to High substantial Applied to Full
administrative degree of administrative degree of administrative independence
works in the independence works that independence works that in individual
practice of the and/or teams require self- that involves require work and/or in
Accountancy of related direction exercise of professional teams of multi-
profession in fields with and/or leadership and leadership for disciplinary and
an minimal leadership in initiative in innovation more complex
organization or supervision. the practice individual work and/or setting that
a firm in the of the or in teams of development demands
commerce Accountancy multi- management leadership for
and industry profession in disciplinary in the practice creativity and
sector. the field of the strategic value
commerce Accountancy added
and industry profession
sector across group/s Significant level
of companies of expertise-
or divisions in based
the commerce autonomy and
and industry accountability
sector
 CAREER PROGRESSION
LEVEL 6 LEVEL 7 LEVEL 8
ENTRY LEVEL MIDDLE LEVEL ADVANCED LEVEL
Summary of Knowledge,
Competency Knowledge, Understanding, Mastery
Understanding,
Level Goal Application
and
Application and of
Analysis Skills Analysis, Synthesis, Skills
Evaluation Skills
Public Audit Staff Management Audit Partner Senior
Tax Staff Services/ Consulting Consultant
Manager Senior Partner
Manager Financial
Consulting Tax Manager
Staff Advisor
Commerce Financial Financial Comptroller Senior Chief Audit
and Industry Accounting Analyst Forensic Financial Committee
Senior
and Information Auditor Officer (CFO) Board
Reporting Budget Analyst Systems Chairman
Auditor Internal
Staff Chief
Management Credit Analyst Senior Fraud Auditor Information Board
Accounting Examiner Committee
Officer (CIO)
Staff Cost Financial Member
Tax Accountant Manager Chief
Accounting Compliance Independent
Staff Officer Director
Internal Audit
Staff EVP/CEO/COO
 CAREER PROGRESSION
LEVEL 6 LEVEL 7 LEVEL 8
ENTRY LEVEL MIDDLE LEVEL ADVANCED LEVEL
Summary of
Competency Knowledge, Knowledge, Mastery
Level Goal Understanding, Understanding,
Application and Application and Analysis, of
Analysis Skills Synthesis, Evaluation Skills Skills
Education Junior Accounting Assistant Professor Chancellor Vice President
Instructor for Academic
Associate Professor Executive VP Affairs
Dean
Accounting Department Vice-President Full Professor
Chair / Head Professor II to
CEO/CFO/COO VI
College
Professor (SG29)
SALARY GRADES 8 to 21 SALARY GRADE 22 SALARY GRADES 25 to 31
(Supervisors - IV) to 24
(Division Chiefs - V)
Government Accountant Revenue Accountant Government Administrator Commission
I to III Officer/ I to IV Accountancy Assistant Chairman
IV and Audit
Audit Accounting Manager Cabinet/ Commission
Examiner Senior Budget Supervisor/ Department Member
Budget and Manager Internal Secretary
Analyst Management Auditor IV to Commissioner
Specialists V
 CAREER PROGRESSION
LEVEL 6 LEVEL 7 LEVEL 8
Entry Level Middle Level Advanced Level
Summary of
Competency Generally, "Knowledge, Generally, "Knowledge, Generally, "Mastery "of Skills
Level Goal Understanding, Understanding,
Application and Analysis" Application and Analysis,
Skills Synthesis, Evaluation" Skills

SALARY GRADES 8 to 21 SALARY GRADE 22 SALARY GRADES 25 to 31

(Supervisors - IV) to 24
(Division Chiefs - V)
Government Financial Senior Budget Audit Local Assistant/ Deputy
Accountant Specialists Services Revenue Deputy Administrator
Manager Collection Commissioner
Financial Senior Local Officer IV to V Deputy
Services Treasury Audit Team Assistant/ Executive
Specialist Examiner Leader Local Deputy Director
Treasury Director-
Internal Senior Tax Budget Operations General Deputy
Auditor I to Specialists Officer IV to Officer IV to V Treasurer
III V Assistant Director
State Management Regional
LGU Accountant Chief and Audit Cabinet Director-
Accountant Accountant Analyst IV to Secretary General
V
 CAREER PROGRESSION
Summary of LEVEL 6 LEVEL 7 LEVEL 8
Competency
Level Goal
Entry Level Middle Level Advanced Level
SALARY GRADES 8 to 21 SALARY GRADE 22 SALARY GRADES 25 to 31
(Supervisors - IV) to 24
(Division Chiefs - V)
Government Local State Chief Auditing Senior/Super Board Chairman I Executive
Revenue Accounting Systems vising Auditor to IV Director
Collection Examiner Specialist State Board Governor
Officer Chief Revenue Accountant V Board Member I to National
State Officer I to IV State Auditor IV Treasurer
Local Auditing Chief Treasury III to V Cabinet/
Treasury Examiner Operations Supervising/ Department Project
Examiner Officer Chief Budget Secretary Manager
State Controller and Cabinet/
Local Auditor Financial Management Department Regional
Treasury Analyst IV to V Specialist Undersecretary Treasurer
Operations Treasury Financial and Supervising/ Chief Audit
Officer Operations Management Chief Executive (CAE) Vice
Officer I to Officer I & II Financial Chief Financial President
Management IV Financial Management Officer (CFO) for for Finance
and Audit Services Specialist GOCCs
Analyst Manager Supervising/ COA Director
Chief Tax
Specialist
Roadmap Level 8
Expertise

Level 7
Specialization

Descriptors and
Competencies
required to go to
the next step based
on:
• Knowledge
• Skills
Level 6 • Values
Entry Level • Application
• Degree of Independence
CREATION OF SPECIALTY SOCIETIES
VALIDATION
ACCREDITATION
RECOGNITION

Formal, Non-formal, Informal

Professional Work Experiences
Prior Learning of Professionals
DUTIES and RESPONSIBILITIES
❖ Establish criteria and assessment
process set by the Specialty Board per
level of qualification

❖ Receive applicants for assessment of

their qualification

❖ Endorse to the CPS Committee

qualified applicants for validation

❖ Perform such other activities deemed

necessary as identified by the Board and
Commission
 REPORTORIAL RESPONSIBILITY

COMMISSION

REGULATORY
BOARD

CPD COUNCIL

CPS
COMMITTEE

SPECIALTY SPECIALTY SPECIALTY SPECIALTY

SOCIETY SOCIETY SOCIETY SOCIETY
 END
OF
PRESENTATION