Scribd Logo
Upload

Welcome to Scribd!

  • PICPA Amended Bylaws727201695732365

    Uploaded by

    Leonard Arenas
    12 views73 pages
    PICPA amended by laws

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    PICPA amended by laws

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    12 views73 pages

    PICPA Amended Bylaws727201695732365

    Uploaded by

    Leonard Arenas
    PICPA amended by laws

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    of 73
    Tes a PUBLIC OF tHe pMiPPINES SECURITIES AND ExRA Cohmssion S79 paeg, EDO ove oie Macobyors Note Mania Compmay Reg. No. 2799 He CERTIFICATE OF FILING or AMENDED BY-LAWS. KNOW ALL PERSONS BY THESE PRESENTS: ‘THIS1S TO CERTIFY thatthe Amended By-Laws of | PHILIPPINE INSTITUTE OF CERTIFIED PUBLIC : ACCOUNTANTS, copy anmexed, adopted on October 25, November 22 and November 25, 2005 by majority vote of the Board of ‘Trustees aud on November 26, 2005 by the vote jority of the members, and certified under ath by the Corporate a Sccretary and majority ofthe said Board was approved by the Commnlssion on this date parsuant Co the provisions of Section 48 ofthe Corporation Code of the Pitippines, Batas Pambansa Ig. 68 approved on May 1, 1980, avd copies’ ‘thereof are filed with the Commission. of atleast IN WITNESS WHEREOR, 1 have hereunto st my hand and caused the seal of thts Commission 10 be affixed at Mandaluyong Cty, Metro Manila, Piitipptnes, tis 7B aay of March, Two Thousand Six Company Registrafon and Monitoring Department Page| VERIFIED By: PAGES; ee NACHE copy’ iis ENDED CR -AWS: [PHILIPPINE INSFITUTE OF CLITLFLED PUBLIC ACCOUNTANTS 'FICPA Dolldng, No. 700 Shaw Boulevard Mandaluyong City fae axesnonn yas Caen ore 5 i aerhn : f AME ORIBCTIVES AND VALUES | SECTION 1. NAME, OBJECTIVES AND VALUES. The hame,‘dhjectives and values ofthe National Organization (PICPAY shal be these set forth inthe Atices of Incorporation. ICDA aires to te bihes ide’ of pistons snd comune Yo sevice dnd ‘upholds cuch values as inepiy, professional excellence, hmicvain,dasipne, teamwork, socal, YS ‘apna aod commit : soencas ta SEAL : : : SUCTION 1, SEAL, The sel ofthe Nation! Orguzation sal cont of po coneptic circles between which shall appear the name of PICPA, lo wit. “PHILIPPINE INSTITUTE OP (CERTIFIED PUBLIC ACCOUNTANTS" and such agpfopiate design symbole of the profession Certified Public Accountancy in th center hereof, asthe Natfoel Board of Dzeetrs may determine. ARTICLE T orice ; SECTION 1, OFFICE. ‘The principal office of the Natit Oreanlzaion’stali be located in : the Ciy of Mandaluyong, Metro Manila, Phipps or at Such place in Metro, Manila a8 may be . Seterihved by the National Board of Directors. ARTICLE ORGANIZATION "SECTION 1. ORGANIZATIONAL STRUCTURE, The PICPA orgtoizaton shal bo composed of four (4) geosrapllca-areas covering the enlve Pilippine Archipelago divided inte Mindanao and Nationa! Capital Region fMetc| Manli) repuesented by nlus Oy ‘egiong and four (4) sectors whick shall 6 organized nationwide representing the various sectoral interest, namely: public practice, commerce and industry, edveation and. govemment sviee, (AMENDED ON NOVEMBER 26,2005) "=, o . amosAonoenriceas ws ‘Natlowal Board of Rizestor. conalatent sith the existing cued of the Professional Regulation 4 ‘Commission. (AMENDED ON NOVEMBER 26,2005) . 7 no SECTION 3, REGIONAL UNITS. Excl of the plne 19) regions shall be governed by Regional Councils unter unifonm rules preseited by she Natiool Board af Direciorsconalten with the oxating rules of the Profesional Regulation Commission. (Pevlously munbered Section 25 i AMENDED ON NOVEMBER 26,2005) we j ‘he cia nif der cach sega mar oe: 1. NATIONAL CAPITAL REGION ASTRO NiaNtiA GEOGRAPHICAL AiR A.” The WATIONAL CAPITAL REGION (METRO MANILA) ‘consisting of all | ‘chartered cites of Maula, Quezon, Pasay, Kalookan, Valeanucla, Mandaluyong, Marikina, Pasig, Makati, Muntalupd, Parttaqve, Las Piles, Malabon, Naveeas, “aghig, Faery he Mnisialy of San Ian sad gut ofthe Provines of Rizal, | tau bag Cy. dtedbudcnies st Saluciee nay oan) Sot NSS Mateo. and Gain, ond all other clea tc! usieipleg whieh, retry + Wren te eed (AMENDED ON NOVEMBER 25,2005) 2, LUZON GROGRARIICAL ARE : A, The NORTHERN LUZON REGION consisting ofthe Provinces of Abra, Benguet, + Tloéos Nore, locas Sur, La. Union, Mt. Province, Batanes, Cagayan, tugzo, | Teabela, Kalinga, Apayao, Nueva Vizcaya, Quitino and Pangan dnd all the cies herein fae 7 BL The CENTRAL LUZON REGION cinsitng_ of the Province’ of Aixora, Bataan, Bulacan, News Eels, Pampanga, Taviae,Zambatea ad ll the cis therein; = - | Te soxfritein TagaLot REGION ‘consisting of th prope of stank Laguna Casi, Marine, Ociceiel Micro, Cvintal Mindoro, Palawan, ‘Suez Ronloa thee thei and st ot Ral Previn pt sueacned La ‘Ac. See3 Bac sibpasgaph (AMENDED ON NOVEMBER 26, 2005) Tae BICOL REGION comisting ofthe movncse of Albay. Cematincs Noi, SSumaiass_Su.-Catananes. Niacin Sorstgon and al-ihecis thesis (AMENDED ON NOVEM 25,2005) 3, VISAYAS GEOGRAPHICAL AREA. A. The EASTERN VISAYAS REGION coisisting of Northein Samar, Eastern ‘Sama, Westeo Sama, Leyte, Bilt, Southom Leyte, bu includig the island oF ‘Mactan, Negros Orient, Bebo, Sguljor and all cles thei; B.,_ The WESTERN VISAYAS REGION coniisting of Negro® Occidental, Hollo, | Guimaras, Capiz, Akl, Antique and all ets therein: MINDANAO GEOGRAPIGAL AREA Hanes : A. The NORTHERN MINDANAO REGION consisting.of Zamboanga det Norte, Misamis Oxeideual Yano det Note Misamis Ove, gas dl Nox, Amuso de Sur, Sogn det N : DOS AMERDEDTICTARY 5 ‘Sur, Zamboangs-Sibugay, Crmiguin, and all cles tbivein, exchating Zamboanga Gy: (AMENDED ON NOVEMBER 26,2005) The SOUTHERN MINDANAO REGION ‘consisting of Davao Orisial, Davao det Sur, Davao’ del Notte, South Cotabato, North Cotabato, Maguindapao, Suitaa * ‘Kudarat, Sarangani Province, Sulv-Baslan, Tawt-Tevl, and all chartered cities * (herein Including Zainboanga Clty; op SECTION 4. CHAPTER ORGANIZATIONS. " Fac region shall consist of Chapter : ‘Ongoniatons. One (i) chapie may be organized in every province a every city excopt in Metro i ‘Manila wich salt be organized inital ito four (chapter asinely:Nothora. Metro Manila ‘Chapter consisting of Kalookan City, Valenzvla ity, Navettnd Malaboh; the Wester Metro Manila Chapter, conaating of Manila, San Juan and Mandaluyong City, tie Eastern Metro Manila (Ghuptecomiding of Qseton Cy, Pasig Cy, Mork Ci and paitaf Piovines of Rizal sooaaing of Antgale City. she Musiciglies of b i Southern Metro Manila Chapter, consisting ofthe Cites of Maka Pasay. Paraague Las Pfs, alec agi and Munna. t shalt bo thin responsi of the Naons Boar of Dieters ‘andthe Regional Courel fa each tegioa to pemote and exsist in oraaiaing chepes inthe ciderent 4 ‘provinces and iis, Previously rambezed Section 3; AMENDED ON NOVEMBER 26, 2003) Bach chapter shall have its oven local Goat as provided for by the uniform roles prescribed by i the National Board of-Direotéen consistent with existing rules of the Professional Regulation | ‘Commission SHCTION 5, AFFILIATE UNIS.’ Affiliate ‘units it other counties may be recopsized ‘after complying with the requirements and upon approval of the National Bourd of Director. (Previously mumbared Sesion 4: AMENDED ON NOVEMBER 25,2005)" : SECTION § SECTORAL RISPRESENEATION, Tie RCRA oecognies ti four cD AL RURRESENTATION. Th 2 - i | ola i ‘Rania Eduonion/Academe: : CPAs in Government (Previously wumbered, Section 5; AMENDED ON: “NOVEMBER 25,2005) q anticuey ; vfs - MEMBERSHIP . ate . SECTION, QUALIFICATIONS. Alexis pubic accountants whose ners ppc in the Regisy-of Professionals ofthe Profesional Repraton Conmision are automata a ‘ trembers ofthe Pilipine Inte cffeed Public Accounts aod shall catius : ‘except in he fellowing LS QF tea ' 4 AOS AMENDED CPA AE 8) Those who are deceased; 1) Those wine, by choles, no Longer pralce thr profeason but whose ames appesr in the Register mainased bythe Profesiodal Regulation Commission ad have formally filed with the Commission thei intenton-t0 retire trom practice. (AMENDED ON NOVEMBER 26,2005) ieee SECTION.2. REGISTRATION. ness he has slready previously registered, every tmeubor heretofore adiitted by tho Professional Regulation Cominfsion as Certified Puble \ ‘Accountaat shall epistet withthe Philippine Isle of Certified Pubic Accountants a the National * Ole oat the aca chapter of hiss cx seldeae, (AMENDED ON NOVEMBER 26,2005) SECTION 3. CERTIFICATE OF MEMBERSHIP. 1 sl! be the'daty‘of every CPA, | "qualified undor Section 1 of this Aricle, to sbinit his eariculum ‘vitae wich shal Instado kis ' pectnaent residence and place of cffice, a the basis for tho isuance of » Ceca of Membership Inia fam preseed by the National Boacd of Dieecors: : . <2 SECTION 4, GRANTING OF CERTIFICATE OF MEMDERSHP. Brery mémbei of. "s PICPA shal te ene to-a Certicae of Meatbeship upon verifiation of ble cualifcations by the ‘National Bian of Directors aud upon payment ofthe requlred dues prescribed in hese By-Laws. i & SwCTION 5 "mgamsenstt PLEDGE, Brey Cite Pai Asuna on Certificate as herein provided, shall take the PICPA Membership Pledge before: aay natty, geographical, regional or chapter office, at any methly meeting of members, of any ntiol, ‘eostaphical, fegioaal or cheptr office. ‘The Carificate of Membership aball eroapon be ised ta ‘im. (AMENDED ON NOVEMBER 26, 2005) SECTION 6: DUTIES AND RESPONSIBILITIES OF MEMBERS. 1) 1 pay Pi dues and ther PICPA stsessments; 2) to abide by the Arles of incorporation aad By-Laws a Other issuances. of PICPA:'3) 19 consjnally dovelop_bimselt/rseiFprofessonally tbraugh etibed CONTINUING PRORESSIONAL: EDUCA of elpate In the seve of ICPA, (AMENDED ON NOVEMBER 26,2005) od 4) to actively pati SECTION 7. CHAPTER AND SECIOR MEMBERS. Every meriber of PICRA shall be both a member of a Chapter ane member ofa Secter. A CPA shall bea member ofthe Chapter af the province ret where is rsidencs or plat of becca, A the tine of rogaine (CPA slull also oct to be member of 4 sonor regardless of his chapter affiliaon.1n no case shall sny-CPA be a member of more tan one (1) chapter or tanafer to anoter chepter izes (3) months = | ‘changes i (AMEND Before or ater any ele rence: = l ; SECTION 8, CLASSIFICATION OF MEMBERS. Membership wit Piippine istiate | O ‘of Cotied Public Accoanlan's sal be classified nto atv, sustaining life, honorary life, honorary and soci ; oe . ee oe NOS aegyn Aci sa : ue an SENS ; Zi a, mos AMENDED HCPA AWS treve all the right, privileges and responsiilies ofan ative member, except the payment of the sonal des. I! SECTION 11. HONORARY LIFE MEMMER. Any person, who tits been an active 1 member of PICPA for a period of not tess than twenty (20) years aud whe, hae significantly Contibuted to the-advancement of the accounting profession, may be granted -honarary fe Jnembership upon the recommendation ofthe Cowmitee on Awards and the unanimous approve of | Soe hart kee eee | | eee oe sir 2. panes in Goo SANDING, At gt ee an UENO mens ms Coon ean, me ace Coe ee ee eet rpanr gate agus oy Hee rete eet a ae Soho ded Tier are mer ‘stacing shall also include Sustaining Life Members and Honorary Life Menners.” Member in good ‘sunding ace obliged to patclpate in chapter activites, attend in at Least three @) ixenthly meetings in {ear tne te lector rcte buh aol ced ape lett, psx ald CPA Heise Rani and acting ames beting ofa oenens ~~\ SECTION 13, ASSOCIATE MEMBERS, Associte Members, on duc application, may be q acted by the Insitute withthe sporovalby tho Beard of Diretos, provided they belong to any of the Fellowing categorios: . Filipino ‘licens who are noo-CPAs unr te me of the Plipines but wh ere ‘Cenfied Publi Aecoortants hlcing such equivalent tide in any foreign county; ° 'b) Former Filipino citizens proviisly riser as « Cetfied Pubic Accountant Abe laws of the Republic ofthe Pilipinesior =. ‘| ° [Non-Filipino citizens who are-Cerifies\Public Aceouptants or Holding such ‘equivalent tile in countries with which the Republic of the Philippines as diplomatic rations, . Bite Associate members shall enjoy allthe right, privileges, and responsibilities of active members exoogt tke right to Yote and fo be elected or appotnted to eay shaptor, regional, sectoral andor national poston in PICPA. at mee SECTION 14. HONORARY. MEMBER. Any.person, ota Cetified Public. Accountant, <> ‘who bas signfioenlyegnteibuted tothe oahancemeat ofthe accounting profesion« gy be granted Sonorry membership pon the reconizndadon of the Cannes on Awaeds ed te unanimous’ E+ approvat of all the members of tho-National Board of Directors, Honceary members shall- be I ‘exempt from the payment of the annaal dues and assessiments and shall not be elected or appoloted to 7S F ‘any postion in PICPA, SECTION 15, MEMBERSIIP DISPUTE: Any disputecn membership, ot question ‘hereon, facing issues on chapter and sectoral affiliation of members shall be sesclved by the ‘Membetship Conmlue of the, Natioaal Organization, subject to the confimation of the National mmplsmenting Rules and Regulations ARID as poomugaled Ly tbe Piofesstel Regulation ‘Som af otek meals inibnFICPA. The Koster CPAs sal be pstincaly pated in sennie CPSs wo analogs - fu onsiikeof ie cision cir du a det paca capa io et Leesan froma nnees. The Rest o€ Passing CPStaal te madasvaisbieLodbe gem pue mace nractien Ts rio Sctioush Je IulsneL owe fo_ provide the publi We sLofacive, pantie rodeesion in dhe Philipines, (AMENDED ON NOVMIER 26, 2005) annie vi” Siete ‘TERMINATION AND REINSTATEMENT OF MEMBERSHIP SECTION 1: L058 OR SUSPENSION OF MEMBERSHIP, Since nanbosship in hd FICRA may bow codon othe coulaung val othe Coticte of Rogistaton of Cened Public Account oss of membertip in FICTA. may bea sfisiut case forte reveaton of hc SS) | * Chae of Region at 3 Cees Pale Accountant by the Protea Roplaion Sy inion : {The National Board of Directors shell adopt flop concerning the suspension or 10s of membership, and for the relnstatncat of members. The eispeation of or lois wf miuibership by a teniber by reason of delay in ot noapayanent of tombership duce ot for aul just eause as provided by the rules (a be.adopted shal be subject tothe review and approval of th Professional ‘Regulation Commission.” 7 ‘SECTION 2, VOLUNTARY TERMINATION OF MEMBERSIUP. Any member may resign ftom membership in the Natal Organization trough a wit’ aodce subwnitted fot ‘Secretary provided that ves if a esigatin’s effec dat Is fined jn sid notin, sch resigna + shall ot be effectd wit acted. upon by the Natlenal Boast of Diréiors, such etion to be taken ‘win thirty (30) days from.receipt of said otc. Upon approval ofthe tiation of uembership, the Seorelary of PIGPA shall immediately bring the matter t9the‘atention of te Professional ‘Rogulation Commission. Forthwiththe ember concened shall cease tobe a membee att his name shall be srcken gut from the ROSTER OF CPAs mainiined by the Insts and by the Professional Regulation Commission front the Registry of Cestiied Public Accountants, (AMENDED.ON NOVEMBER 25,2005), aca Sees caine or ops Ge ceeex secon aoe aoe SECTION 2, PANE 70 Fay pus om opie ACCOUNTS, yaar Seana em nl ee ed ig fern tn oer eee eee ta ‘expiration of the sixty (60) day period. (AMENDED ON NOVEMBER 26, 2005) fe g g SECTION 4, REINSTATEMENT OF MEMBERSHIP. ' Reinstatement may bo in 7% ‘cordance’ with the rules and regulations presenbed by the Navcnal Board of Ditestors consstent ‘with the exiting rales oft Prefessioaal Regulation Contmission ‘avertenac vit < NATIONAL BOARD OF DIRECTORS: SUCTION 1. NATIONAL BOARD OF DIRECTORS, ‘The PICPA shat be governed by — : oe } : 2005 A oDED PIEPA BYLAWS i the four (sectors of the papfeasion, {AMENDED ON NOVEMBER 2, 2005) SECTION 2, ELECTION OF DIRECTORS, The Nationa! Board of Dizeciors shall have, ‘he TWENTY ONE (21) drt, elected from among an by chnjer members on a rxlnal a sectoral basis, with a full representat EQUR () sectoral directors elected from and a and by te meme ofthe fou (4) seco, (AMBNDED ON NOVEMBER 26,2005) SECTION 3. ‘NATIONAL. DIRECTORS. Tce be suv 05) Natal ‘Se setae meptesenis (AMENDED ON NOVEMBER 26 2005) ‘The Rotating Director shall tic elected from the region epwesented by the incoming Presideni, (AMENDED ON NOVEMBER 25, 2005) see : ing on the same veo, coming fromthe <5 same_fimm/company-ant_their affiliates axd/os_govetnment/govemuent agencies and_theit imu. AMENDED ON NOVEMBER 25 5) a <__ SHOTION:4 TERM.OF OFFICE OF DIRECTORS. Sabject only.t0 the provision of Section 2, Article XXUL. and the provisions of Secto‘al and Rotating Directors, the Directorg elected shall have a term of two (2) yeats, except tie-Dixeotors elected to fll vacancies occurring before, the expiration of a particular term who shall hold office ‘only for the unexpired term.” No incnmbeit Director, shall be eligible as candidate for Director in the election for the year linmediately succeeding said Incumbency. (Previously numbered Seétion 5; AMENDED ON NOVEMBER 26,. YS 7 20085 ipo. iegawemensicen 440s fa Dieotorresigas or is unable to complete hier teri pric the ed ofthe expiration of ‘hishher incumbency regardiess of the'reason, he/she shall not be éligiblé as candidate in tho election = during hisber unserved leon ca forthe Year immediately succeeding his/her supposed incumbency. ‘Previously numbered Section 5; AMENDED ON NOVEMBUR 25, 2005) | L ‘piso cn aha AMENDED ON NOVENE 2005) ie SICTION § VACANCIUS. In cate of any vacanoy pr vacancies i the National Beard of Disectos by reason of death; resignation, incapacity, or aay ote caus; the rerasising diectre thal {il each vacancy with the candidate obsining the second highest umber of votes in the ast anal lection, fake into eniziderstion the cegion and sector of the vacancy. In case the was no other ‘ancidate ip the ast annual election, the regional counell whore tbe Yacdney arose shall elect (DO replacement as tho case maybe, provided thatthe replacement Dect shall come from the samme segion and seotr.as the Diretor being replaced, and provided futher tht ho all eer as directo ‘only for the unéspired term or uni new Direcior chosen daring te regular lectone shall have assumed office. (Previodsly eumbeced Section 6; AMENDED ON NOVEMBER 26, 2005) SP as dees eit ge vt weno moth oot ee thersysbandning te const pwc ne wan ected sal edged gm ean ‘2th poston (revo rombored Sean AMENDED ON NOVEMBER 3 2009) SECTION 6 DUTIES AND POWERS, I sa bo thé duty of the Nainé! Doard of Directors to conduct the business a af of the National Oratiaton and te perfons suc ats a sll” protect aod foster the CPA Contests, granted by he Republic of the Pillip.” The [Natonal Boar of Directors hal tke eognizanco of ll recat and jroposed lous relative to the granlog of te CPA. Cerifieate an sal take sion in repost thet a i ta jdgraet ml ihe the edjecives of thé National Organization. Ut aball gather and colder evdcnee indicating iat any holder of a CPA Cerificate granted by the Profession! Regulation Commision has commited any ect wich wl bea cause fr th reciiOs of is Cetieato and if ths evidence warrants, shal agaist the. Proessokal” Regulation Comunsson in securing va WA) and | ‘who bas signfioenlyegnteibuted tothe oahancemeat ofthe accounting profesion« gy be granted Sonorry membership pon the reconizndadon of the Cannes on Awaeds ed te unanimous’ E+ approvat of all the members of tho-National Board of Directors, Honceary members shall- be I ‘exempt from the payment of the annaal dues and assessiments and shall not be elected or appoloted to 7S F ‘any postion in PICPA, SECTION 15, MEMBERSIIP DISPUTE: Any disputecn membership, ot question ‘hereon, facing issues on chapter and sectoral affiliation of members shall be sesclved by the ‘Membetship Conmlue of the, Natioaal Organization, subject to the confimation of the National DOS AMERDEDTICTARY 5 ‘Sur, Zamboangs-Sibugay, Crmiguin, and all cles tbivein, exchating Zamboanga Gy: (AMENDED ON NOVEMBER 26,2005) The SOUTHERN MINDANAO REGION ‘consisting of Davao Orisial, Davao det Sur, Davao’ del Notte, South Cotabato, North Cotabato, Maguindapao, Suitaa * ‘Kudarat, Sarangani Province, Sulv-Baslan, Tawt-Tevl, and all chartered cities * (herein Including Zainboanga Clty; op SECTION 4. CHAPTER ORGANIZATIONS. " Fac region shall consist of Chapter : ‘Ongoniatons. One (i) chapie may be organized in every province a every city excopt in Metro i ‘Manila wich salt be organized inital ito four (chapter asinely:Nothora. Metro Manila ‘Chapter consisting of Kalookan City, Valenzvla ity, Navettnd Malaboh; the Wester Metro Manila Chapter, conaating of Manila, San Juan and Mandaluyong City, tie Eastern Metro Manila (Ghuptecomiding of Qseton Cy, Pasig Cy, Mork Ci and paitaf Piovines of Rizal sooaaing of Antgale City. she Musiciglies of b i Southern Metro Manila Chapter, consisting ofthe Cites of Maka Pasay. Paraague Las Pfs, alec agi and Munna. t shalt bo thin responsi of the Naons Boar of Dieters ‘andthe Regional Courel fa each tegioa to pemote and exsist in oraaiaing chepes inthe ciderent 4 ‘provinces and iis, Previously rambezed Section 3; AMENDED ON NOVEMBER 26, 2003) Bach chapter shall have its oven local Goat as provided for by the uniform roles prescribed by i the National Board of-Direotéen consistent with existing rules of the Professional Regulation | ‘Commission SHCTION 5, AFFILIATE UNIS.’ Affiliate ‘units it other counties may be recopsized ‘after complying with the requirements and upon approval of the National Bourd of Director. (Previously mumbared Sesion 4: AMENDED ON NOVEMBER 25,2005)" : SECTION § SECTORAL RISPRESENEATION, Tie RCRA oecognies ti four cD AL RURRESENTATION. Th 2 - i | ola i ‘Rania Eduonion/Academe: : CPAs in Government (Previously wumbered, Section 5; AMENDED ON: “NOVEMBER 25,2005) q anticuey ; vfs - MEMBERSHIP . ate . SECTION, QUALIFICATIONS. Alexis pubic accountants whose ners ppc in the Regisy-of Professionals ofthe Profesional Repraton Conmision are automata a ‘ trembers ofthe Pilipine Inte cffeed Public Accounts aod shall catius : ‘except in he fellowing LS QF tea ' 4 iis ENDED CR -AWS: [PHILIPPINE INSFITUTE OF CLITLFLED PUBLIC ACCOUNTANTS 'FICPA Dolldng, No. 700 Shaw Boulevard Mandaluyong City fae axesnonn yas Caen ore 5 i aerhn : f AME ORIBCTIVES AND VALUES | SECTION 1. NAME, OBJECTIVES AND VALUES. The hame,‘dhjectives and values ofthe National Organization (PICPAY shal be these set forth inthe Atices of Incorporation. ICDA aires to te bihes ide’ of pistons snd comune Yo sevice dnd ‘upholds cuch values as inepiy, professional excellence, hmicvain,dasipne, teamwork, socal, YS ‘apna aod commit : soencas ta SEAL : : : SUCTION 1, SEAL, The sel ofthe Nation! Orguzation sal cont of po coneptic circles between which shall appear the name of PICPA, lo wit. “PHILIPPINE INSTITUTE OP (CERTIFIED PUBLIC ACCOUNTANTS" and such agpfopiate design symbole of the profession Certified Public Accountancy in th center hereof, asthe Natfoel Board of Dzeetrs may determine. ARTICLE T orice ; SECTION 1, OFFICE. ‘The principal office of the Natit Oreanlzaion’stali be located in : the Ciy of Mandaluyong, Metro Manila, Phipps or at Such place in Metro, Manila a8 may be . Seterihved by the National Board of Directors. ARTICLE ORGANIZATION "SECTION 1. ORGANIZATIONAL STRUCTURE, The PICPA orgtoizaton shal bo composed of four (4) geosrapllca-areas covering the enlve Pilippine Archipelago divided inte Mindanao and Nationa! Capital Region fMetc| Manli) repuesented by nlus Oy ‘egiong and four (4) sectors whick shall 6 organized nationwide representing the various sectoral interest, namely: public practice, commerce and industry, edveation and. govemment sviee, (AMENDED ON NOVEMBER 26,2005) "=, o vee aos AMENDED NERA Avis fc ilo VIL ereunder, The Execottve ‘Viee President in every year automatically becomes the President for tie nett euceseding yest, (AMENDED ON NOVEMBER 26,2005) ia at il te ha sida fff te a ot Die (amenDED ie ON NOVEMBER 26, 2005), 4 . SECTION 3. ROTATION OF PRESIDENCY. ‘is Prestdency shall te rotted from year : ‘o year smong ihe following four (4) mejor geographical areas and seclor affiliation, The flloting tofaion of se Pucsdeicy by aecgraphi | icalauc shall be stiely adhered to in the flowing sequence; Fox Geoataphical Represents NOR Ohta Manila. : Visayas f Luzon : 4 fan : Hee \ sotssnation, with eoch enossohie area being raved fort thle 2 Sonus oun CMEADAD ON WOVEMEN 25 205) - SECTION 4, PRESIDENT. ‘The'Président shall be the chief exceaive officer of tho * [National Organlzeton and shal exrceo general evpersiion over the officers Wercof, He sll see 'o ic that the provislons ofthese By-Lawa and the rles and regulations promulgated thereunder, a8 asthe resoltion of the NaUoal Board of Directors, are complied with. He shall preside at all BS tmeetings of the National Organization, ad the Natiaal Board of Direstore’ Unless othorvise specifically agreed upon, he tall represant PICPA on all cossions and in all raters where should be repesented. He shal pexform such ctr duties as are ordiaily appertaining, 10 bis office and toss thatthe National Board of Directors may fx or delegate from timo to tne. He may create ‘positions end appoin, ot ‘auval ofthe National Roos, (AMENDED ON NOVEMBER 26,2005) SECTION S. EXWCUTIVE VICE PRESIDENT, ‘The Executive Vice President shall be vested wit ll the powers and authorities, and required to peiform all of the dues ofthe resent during. the absence or incapacity of the President for any case. “bi the evant of the death ‘esigntin, or ono ofthe President, the Exclive Vie President sl ove ax Present ting the emai of hee fh ie ths we Te Lee Vice Prien al asin haa, WsenraAs 36 SECTION 6. VACANCUIS. In the event of death, resignitién, cesroval or disability uf ‘oth the President and the Eaccative Vice Prsicest, ie Natioual Board of Diseetrs shall coc! at ‘Acting Presieat to eld offioo unl the next succeeding election or ding the period of dssbity. {auch n eqs hy slecion ofthe President and Enecutvo View Presiden all be eld In accordance ine provision of Seaion? hevef. Inshe-ovsat of death ssisuniin. semoval or diebility ofthe Bsecutive Vice reside. he Es (La special sleet for the Replaces. ac she Execuldvs View. Crslent Wkcse nse on sl selon and acer amines Oy {he discal Vice Presley, (AMIENDED ON NOVEMBLR 26,2005) SECTION 7. EXECUTIVE COMMITTEE. ‘Thece'shll bo an Tiesinive Cofunttee “compared of the President, ihe lxeoutive View President, dae Viee Presidemt for. Operations, the Secretary and the Treasterahio a all elected sueanben. Lo he Nalioual Dania, (AMENDED ON NOVEMBER 26,2005) : Subject at all times to the direction and contol of the National Board ef Directors, thé [Exsouttré Comiaite shall lieve abd may éxerelse the power to-act, during the interval berween the sletings of the Natioral Baard of Disecors, on ull wales relating othe managennent of the afTalrs and business of PICPA as are within the competence ofthe Nadional Boaed of Directo, pxceul on ifcally cisiitsl under the Companion Code ef the Philinines (AMENDED ON paler! tee er : | Se accordance with Seotion 6 ofthis rice shall consis a quorum i all peetings of the Executive CCovnmltes. However, ny ad ll nctions of the Exezative Conimiie hal be decided ty a snajoity ae Its members and thatthe sane shall be reported for ratification by the National Beard of Directs daring the laces wont meet . SECTION 8 APPOINTED OFFICERS, The Presigéat shal, subJct 1 the eofianadion of the National Board of Directors, appoint the following officers whe [Nasional Bostd of Directo rnust be members of the i (VICE PRESIDENT FOR OPERATIONS MICRERESIDENT FOX EDUCATION : VICEPRESIDENT LORPURLIG PRACTICE 2 - ‘The above-appointed offices, inchuting the Secretary andTreasiutt, shill have a torm of offic co: i ‘emmnaywign the President watees esr tvinlasted by the Natit Boaed of Pretend ity deo approprint. The Vice Pesideat ford fom 4 seus shal swiss be the Chaioaei a Ue four Geogeaphisal Acca Ofices, Asizoutca othe Viee ridoncy of de vatinus secs shall be ri 9gaphial sat at ap-pacisable. (AMENDED ON ROvenaa Gao __ SECTION 9, SAIECUIVE DIRECTOR. & piace sae pikes 1S oe 2MOSAMENDED MEDAL cs forthe Accountiney Yofeesion ofthe Profession! Resulaicn Commision, The seformance of the tine ‘Eagomtve Director shal be eve bythe National Board of Dioctors on an.anaial basin othe * Exeoutive Director may be rnoved from office, proc the taoaion ofthe four () year term, through «vote of TWO-THIRDS (2/9) of tbe. sial_mombccshp of the Rand of Dicestors (AMENDED ON NOVEMBER 26, 2005) ‘The Fxevutive Diese shall be reporting diecly to the Piesident (AMENDED ON [NOVEMBER 26, 2005) 2 cane : SUCTION 10, YICB PRESIDENT FOR OPERATIONS. "Tho, Vie Brssidoat for COpciions shall pervise the operations ofthe National Crgmnizaton, coordinate ad moniter the activitics of PICPA Canis psig to him ad report te President He shall perform such cher tz ssgned! to hi fm tine to tino by the President andor the National Board of Directs. (AMENDED GN NOVEMBER 26 2005) SUCTION 11. VICE PRESENT FOR PUBLIC. % ‘sapltoLespenditues 4. ‘Conplianes i te Saas spotingreuismant for eI, AMENDED ON NOVEMBER 26, 2005) i ew (Cashier and the Chief Accountant of the Insitute The Treasuise shall separ tothe Bxscullse Commitee and the Boat. of Duectoc. (AMENDED GN NOVEMBER 26,2005) ‘The Treas: shill_bé_pespousible for ensuring compliance ct financial cepoding ‘sequlreenisof PICEA and its chapeyoftices and foundatong.(AMENDED ON NOVEMBER 26, eee ae eee SECTION 13. SECRETARY, The Secretaiy shall Keep the mints ofall meetings of PICPA and the National Board of Diistors atl 5 the Reco of Membership ofthe Insite. lo SS fall give ox cave to be given, all notions required ty law or by to by-awe,3¢ wel ax notices oF all meetings of tho Natonal Board of Direciors aud of the members of PICPA. He shall be the ‘vstoian ofthe corporate soul and all ffx the samo atosid by his signature, o veh tsteament. ‘a may veqite such seal. He sholl make até submit such reports aa ayberequlied of bisa by the Nationa Bord of Directo ap the Present, shal sue ht IGP shall somal gencien He shal, form such oer dudes ag maybe asigned_ hin from fine fo Ue by the Preliet Frnt Bou eons (AMENDED GN NOVEMBER 26,2005 SECTION 14. VACANCIRS. 1f te fice of any ofthe executive officers except that of ee Ca on ‘RO, OSAMENERDEICEA LAWS oO ARTICLES, (New Provisioiy AMENDED ON NOVEMBER 26, 2005) ‘REGIONAL COUNCILS : SECTION 1. ORGANIZATION AND COMPOSITION."'A Regional Counc shall be, fibre ogo a Oiler (AMENDED ON NOV EMRE 2) ne + \fornenly Aticle PX; AMENDED ON NOVEMBER 26,2005) c onganized_under sac ofthe eogtanhicsl. amit unde! anifem role prescribed by the National” | Board of Diceciors. sal bo composed ofthe tional Direcs fom ti pon and heresies ‘ofthe chapter Gelonging fo Buch regio, tsgser with the fur 4 segional Sectoral xepesenatves, {AMENDED ON NOVEMBIE 25,2005) } “The Regional Couicils stu provide eootdination and guidance to’ the ehaptorsiseciors ‘They shall not exercise direct authority over tio. cchaptersseciors nor shall they lave any Zort of contol over the chapterslsectrs funds,« ‘The \_/ Regional Council all ikevie be responsible In organizing regionl/sestoral conferences ard othr, oO sclvites (0 strengthen the relationship among its members inthe pardcular region and sta the ‘objectives of PICPA, (AMENDED ON NOVEMBER 26,2005) SECTION 2. OFFICE, ‘The Region) Coun halt hold oie inthe ty or province, + witht pest nimbar of PICPA member, sles bere pred pen by he come member

    You might also like