REPUBLIC OF THE PHILIPPINES

PROFESSIONAL REGULATION COMMISSION

ACCOUNTANTS FOR INTEGRITY

The accountancy profession concluded a momentous event when the heads of three accountancy organizations joined with
Integrity Initiative Inc. to sign a Memorandum of Understanding (MOU) that will enhance the commitment to transparency
and ethical business practices in the profession.
BoA Chairman Joel Tan-Torres, PICPA President Dominador Barrion, ACPAPP President Cherrylin Javier, Integrity
Initiative Inc. Gregorio Navarro signed the MOU in the presence of more than 50 CPAs who attended the Integrity Forum
in the Hotel Intercontinental last September 14, 2015.
"This is a precedent setting event since for the first time, a professional sector is committing to work together to uplift
ethical business and governance practices. Whereas before the signing of this agreement, those joining this integrity
initiative are single organizations, now the entire accountancy profession is now accepting this important challenge," said
Chairman Joel Tan-Torres.
The integrity initiative is a multisectoral campaign that seeks to institutionalize integrity standards among various sectors of
society. Led by the private sector, those involved in the initiative go to a process that will uplift their governance practices
beginning with the signing of the Integrity Phase.
"The Board will thereafter require all applicants for accreditation, specially those CPAs in public practice, to sign up for the
Integrity Pledge and undertake the subsequent inegriity initiative processes," Chairman Tan-Torres said.
Vice Chair Gloria Baysa, Hon. Samuel Padilla and Concordio Quisaot were there to witness the event.
Further details on the integrity initiative can be obtained at www.integrityinitiative.com.

REPUBLIC OF THE PHILIPPINES

PROFESSIONAL REGULATION COMMISSION

DISSEMINATION.FORMOREINFORMATION,CONTACTboa.secretariat@gmail.com.September14,2015