2018, July 10. The Accountancy Profession and The Board of
Accountancy, 95th Anniversary
Commemorative Cover With Slogan Cancel
"The Accountancy Profession and The Board of Accountancy, 95
Years of Invaluable Service to the Philippines and the Global
Accountancy Community, 10 July 2018", Manila.
In 1923, accounting was legally recognized as as a profession in the
country when the sixth Philippines Legislature approved Act No. 3105
on March 17, 1923. This law created the Board of Accountancy vested
with authority to promulgate rules and regulations, to set
professional standards for the accounting profession practice and to
issue certified public accountant certificates to those who have
qualified in accordance with the requirements of the law. The Board
then was composed of a chairman and two members.
The first Board of Accountancy was composed of Chairman W. W.
Larkin, and, Domingo Dikit and Felix Tiongson, as members. The year
2018 marks the 95th anniversary of the establishment of the
accountancy profession in the Philippines and the creation of the
Board of Accountancy. There
will be a year-long celebration of the anniversary. The activities
will be focused on the theme "95 years of invaluable service to the
Philippines and global accountancy community." An official logo is
being used for the anniversary.