Nation’s Foremost CPA Review Inc.

(NFCPAR)

By: Mark Alyson B. Ngina, CMA, CPA

Dream Believe Pursue Succeed

Is a set of organizations overseeing
accountants collectively, the
professional bodies of accountants that
establish and regulate training entry
standards and professional
examinations, as well as ethical and
technical rules and guidelines

Nation’s Foremost CPA Review Inc. – The Making of a CPA! - By: Mark Alyson Ngina, CMA, CPA
The practice of accountancy shall include, but not
limited to, the following:
1. Practice of Public Accountancy
2. Practice in Commerce and Industry
3. Practice in Education/Academe
4. Practice in the Government

Nation’s Foremost CPA Review Inc. – The Making of a CPA! - By: Mark Alyson Ngina, CMA, CPA
1. Professional Regulation Commission (PRC)
2. Board of Accountancy (BOA)
3. Commission on Audit (COA)
4. Securities and Exchange Commission (SEC)
5. Bureau of Internal Revenue (BIR)
6. Bangko Sentral ng Pilipinas (BSP)
7. Insurance Commission (IC)
8. Cooperative Development Authority (CDA)
Nation’s Foremost CPA Review Inc. – The Making of a CPA! - By: Mark Alyson Ngina, CMA, CPA
Here are some of the advantage and benefit of being
a CPA:
1. Prestige and Respect
2. Career Opportunities and Development
3. Career Security
4. Financial Benefit
5. Business Opportunities
6. Further Education

Nation’s Foremost CPA Review Inc. – The Making of a CPA! - By: Mark Alyson Ngina, CMA, CPA
 PURPOSE OF THE EXAMINATION
 QUALIFICATIONS OF APPLICANTS FOR
EXAMINATIONS
 SCOPE OF EXAMINATION
 PASSING RATE IN THE LICENSURE
EXAMINATION

Nation’s Foremost CPA Review Inc. – The Making of a CPA! - By: Mark Alyson Ngina, CMA, CPA
The purpose of the CPA Licensure Examination is to
test the professional competence of candidates who
seek to obtain the CPA License. Such competence
includes:
 Adequate technical knowledge in the accounting
discipline
 The ability to apply that knowledge skillfully and
with good judgment to problems and situations
likely to be encountered in practice; and

Nation’s Foremost CPA Review Inc. – The Making of a CPA! - By: Mark Alyson Ngina, CMA, CPA
The purpose of the CPA Licensure Examination is to
test the professional competence of candidates who
seek to obtain the CPA License. Such competence
includes:
 An appreciation of the CPA’s ethical responsibilities
and professional attitude
 The level of professional competence tested in the
examination is that of a CPA at the start of his/her
professional career.

Nation’s Foremost CPA Review Inc. – The Making of a CPA! - By: Mark Alyson Ngina, CMA, CPA
Any person applying for examination shall establish the
following requisites to the satisfaction of the Board that
he/she:
a) A Filipino Citizen
b) is of good moral character
c) is a holder of the degree of Bachelor of Science in
Accountancy conferred by a school, college, academy or
institute duly recognized and/or accredited by the CHED
or other authorized government offices; and
d) has not been convicted of any criminal offense involving
moral turpitude.

Nation’s Foremost CPA Review Inc. – The Making of a CPA! - By: Mark Alyson Ngina, CMA, CPA
The licensure examination for certified public
accountants shall cover, but are not limited to,
the following subjects: (UNTIL OCTOBER 2015)
Subjects # of items
1. Auditing Theory 80 to 100 items
2. Auditing Problems 40 to 50 items
3. Practical Accounting I 40 to 50 items
4. Practical Accounting II 40 to 50 items
5. Theory of Accounts 80 to 100 items
6. Management Advisory Services 50 to 70 items
7. Business Law and Taxation 50 to 70 items
The licensure examination for certified public
accountants shall cover, but are not limited to,
the following subjects: (STARTING MAY 2016)
Subjects # of items
1. Auditing Theory and Practice
2. Financial Accounting and Reporting
3. Advanced Accounting
4. Management Accounting and Control
5. Regulatory Framework for Business Transactions
6. Taxation
PASSED General average of at least seventy-five
percent (75%), with no grades lower than
sixty-five percent (65%) in any given subject.
CONDITIONAL General average of less than 75%, has a grade
of less than 65%, or both, but has obtained
75% and above in at least majority (4 out of 7)
of the subjects covered in the licensure
examination.
REMOVAL A candidate shall take an examination in the
EXAMINATION remaining subjects within two years from the
preceding examination.
1. DESIRE
2. BELIEVE
3. PERSIST
 Read everything at least three to five times.
 The first time, to comprehend.
 The second time, to improve recall.
 The third time, to help you summarize.
 The fourth time, to help you memorize.
 The fifth time, to make it so much a part of you
already that even without the book, you know it
BY HEART.
 “Learn from yesterday, live for today, hope
for tomorrow. The important thing is not to
stop questioning.” – Albert Einstein
WORRYING DOES NOT SOLVE ANYTHING
1. Keeps your relationship in BALANCE.
2. You’re his best ASSET.
3. He looks at your relationship with a GOING
CONCERN ASSUMPTION.
4. His love will never DEPRECIATE.
5. He looks forward to PROPOSAL and
ENGAGEMENT.
  QUESTIONS????
 REACTIONS!!!!!

Nation’s Foremost CPA Review Inc. – The Making of a CPA! - By: Mark Alyson Ngina, CMA, CPA
 Are you driven for real
excellence?

Dream, Believe, Pursue,

Succeed….
….Join the NCPAR Family and let
us be your partners in your pursuit
of becoming a CPA!
 NFCPAR’s VISION-MISSION STATEMENT
OUR VISION:
 To be the leader in CPA review excellence in the Northern
Philippines.
OUR MISSION:
 As a leader in CPA review, NFCPAR’s mission is to enable reviewees
to unlock and reach their full potential.
We will earn our students’ enthusiasm towards learning through

our commitment to excellence, continuous improvement of our craft,
constantly being abreast to changes in the accountancy profession,
and responsiveness to our students’ needs.
We partner ourselves with other organizations – universities,

colleges, employers, government and public – in contributing to our
nation’s development by being dedicated in producing competent and
responsible CPAs.
 OUR LOGO:
The NORTH STAR represents our
purpose – a steadfast guide in the
achievement of our students’ goals.

The PILLAR represents our vision – the

leading foundation of quality
education.

The COLOR BLUE represents high ideals, motivation, inspiration,

sincerity, faith and spirituality.

The CIRCLES represents our unending commitment to our

vision-mission statement – the inner circle represents our
commitment to our students and the outer circle represents our
commitment to our nation.

Nation’s Foremost CPA Review Inc. (NFCPAR) was incorporated in

2014. It was formerly called Northern CPA Review Co. (NCPAR)
and was organized in June 2008.
 What’s Unique with NCPAR?
HIGHEST PASSING RATE NFCPAR’s passing rate is the best in the North
and is consistently above national since we started operations.
CONTENT & COMPREHENSIVENESS
We discuss all topics embodied in the CPA Board Exam syllabus from
basic to complex. We do not oversimplify or avoid complex or new
topics.
TECHNICAL UPDATES NFCPAR is fast in integrating updates in the
review. Seasoned practitioners handle subjects covered by technical
standards. You learn both theory and practical applications of PFRSs
and PSAs at NFCPAR.
REVIEWEE SUPPORT We take care of our reviewees like no others. Our
CPA reviewers are highly approachable and never walk out of class for
whatever reasons unlike others.
BEST REVIEW ENVIRONMENT NFCPAR has a very conducive review
environment for reviewees both in terms of review facilities and social
factors.
Darrell Joe O. Asuncion, CPA, MBA
Subject handled: Auditing Problems
 98% in Auditing Problems
 Co-author, Applied Auditing - Part 1 and Part 2
 CPA reviewer for audit problems for almost 15 years
 Professor of accountancy and graduate school
 Highly preferred by reviewees for his simplified and comprehensive approach
to audit problems

Renante D. Balocating, CPA, MBA

Subject handled: Practical Accounting 2
 Previous Review Director and CPA reviewer, Excel CPA Review, Dagupan City
 Author, Advanced Accounting
 Dean - University of Luzon

Rex B. Banggawan, CPA, MBA

Subjects handled: Taxation & Practical Accounting 2
 6th Place in the CPA Licensure Examinations
 Cum laude, University of Baguio
 Author, Income Taxation and Business and Transfer Tax
 Visiting lecturer in various review schools and review programs nationwide
 Formerly an auditor at Punongbayan & Araullo (member Grant Thornton LLP)
Atty. Andrix D. Domingo, CPA
Subject handled: Business Laws
 Author, Obligations and Contracts
 CPA reviewer and in-house reviewer for Business Laws in various colleges
and universities
 Law practitioner

Raymund A. Escala, CPA, MBA

Subject handled: Auditing Theory
 2nd Place in the CPA Licensure Examinations
 Co-author, Applied Auditing - Part 1 and Part 2
 Cum laude, University of the Cordilleras
 Visiting lecturer in various review schools and review programs nationwide.
 Formerly an auditor at Punongbayan & Araullo (member Grant Thornton LLP).

Rhad Vic F. Estoque, CPA, MBA, CMA

Subject handled: Management Advisory Services
 CPA reviewer for MAS for over 20 years.
 Previous co-owner and reviewer of BagCPARS
 Professor of accountancy and graduate school
 Visiting lecturer in various review schools and review programs nationwide
 Practicing accountant
Zeus Vernon B. Millan, CPA
Subjects handled: Theory of Accounts, Practical Accounting 1 & Practical Accounting
2
 6th Place in the CPA Licensure Examinations

 Author: Financial Accounting (3 volumes), Advanced accounting with Cost

accounting and Government accounting (2 volumes), and Hospitality Accounting.
 Visiting lecturer in various review schools and review programs nationwide.

 Audit practitioner and QAR consultant.

 Formerly an auditor at Punongbayan & Araullo (member Grant Thornton LLP).

Mark Alyson B. Ngina, CPA, CMA

Subjects handled: Auditing Theory & Management Advisory Services
 7th Place in the CPA Licensure Examinations

 Co-author, Applied Auditing - Part 1 and Part 2

 CMA Reviewer

 Visiting lecturer in various review schools and review programs nationwide.

 Formerly an auditor at SyCip Gorres Velayo & Co. (member Ernst & Young Global
Limited)
Special lecturers
Atty. Almanzor Macmod, CPA
Subject handled: Business Laws
 Former CPA reviewer - CPAR Manila, PRTC
 Visiting lecturer in various review schools and review programs
nationwide.

Dominador Sylvestre, CPA, MBA

Subject handled: Management Advisory Services
 In-house reviewer – University of the Cordilleras

John V. Balanquit, CPA

Subjects handled: Theory of Accounts, &Practical Accounting 1
 In-house reviewer – University of Baguio
 Visiting lecturer at various universities in the CAR and Region 1
 Facebook page:
Nations Foremost
CPa-Review
Email ad: ncpar@yahoo.com
nfcpar@gmail.com

Mobile No.: 09294891758