NATIONAL MOCK BOARD

EXAMINATION 2019

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 2018-2019.
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 February 6, 2019 and will end on February 20, 2019.
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 February 20, 2019.

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 February 21, 2019, 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 February 22, 2019.

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 February
21, 2019. The filename format to be used shall be
Region(x)_NMBE2019_.xlsx.

4.5 REGISTRATION FEE SCHEME

Registration fee for 2019 National Mock Board Examination is P 500.00.

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 March 2-3, 2019.

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

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

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.

Please see attached PDF for Memorandum Circular 2008-19

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

8.1 The following awards shall be given to the top performers during the National Mock
Board Exam 2018:

• 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:

Vyrsace Lyka S. Toledo

National Vice President for Academics
Ateneo de Zamboanga University

CERTIFIED CORRECT:

Darren Marl Barnachea

National Secretary General
Polytechnic University of the Philippines