ADVERTISEMENT
Manila Bulletin devider Philippines devider National devider Laya among PH accounting profession's centenary awardees for excellence

Laya among PH accounting profession's centenary awardees for excellence

Published Mar 18, 2023 08:27 am
  The country’s professional accountants celebrated the 100th year since the Accountancy Act of 1923 was enacted by the Philippine Legislature, tracing back the history of the accountancy profession for Filipino practitioners, in a centennial celebration dubbed “Celebrating the Past, Transforming the Present, Shaping the Future” held at the Manila Hotel on Friday, March 17, 2023. Highlighting the celebration was the recognition given to the country’s top 100 certified public accountants (CPAs), who were given the Accountancy Centenary Award of Excellence. According to the Board of Accountancy (BOA), the awardees were "the Filipino CPAs who demonstrated unquestionable integrity, contributed immensely in the advancement of the accountancy profession, and participated remarkably in national development". EXCELLENCE IN ACCOUNTANCY -- Philtrust Bank Vice Chairman Dr. Jaime C. Laya (fourth from left) poses with the Accountancy Centenary Award of Excellence that was given him  by the Professional Regulatory Board of Accountancy (PRBOA) on Friday, March 17, 2023, at the Manila Hotel. The PRBOA led the different sectors of the Philippine accounting profession in celebrating the 100 years since the enactment of the Accountancy Act of 1923. Also in photo are (from left) PRBOA Vice Chairman Samuel Padilla, member Gloria Baysa, Chairman Noe Quiñanola, and members Thelma Ciudadano, Ma. Teresita Dimaculangan, and Gervacio Piator. (Photo from PICPA/Jessa Edos)
And among those who were feted was Philtrust Vice Chairman Dr. Jaime C. Laya. He served as minister of budget and management, was the fifth governor of the Bangko Sentral ng Pilipinas, and was minister of education, culture and sports. The other awardees were Marilene Acosta, Antonio Acyatan, Estelita Aguirre, Manuel Alba, Carlos Alindada, Froilan Ampil, Emilio Aquino, Jose Araullo, Pio D. Baconga, Benedicta Du. Balabad, David Balangue, Pascasio Banaria Sr., Jaime Bautista, Rosario Bernaldo, Emilia Boncodin, Alexander Cabrera, Ma. Elenita Cabrera, Guillermo Carague, Luzvi Chatto, Gloria Tan Climaco, J. Carlitos Cruz, Leonardo Cuaresma Jr., Joaquin Cunanan, Herminio Dagohoy, Francisco Dalupan, Eduardo De Guia, Ramon Del Rosario, Corazon De La Paz-Bernardo, Luis Diaz, Jose Diokno, Cecilio Dizon, Baltazar Endriga, Salvador Enriquez Jr., Maria Victoria Espano, Basilio Estanislao, Vicente Fabella, Celso Gangan, Aurora Geotina-Garcia, Belen Gutierrez, Kim Jacinto-Henares, Antonieta Fortuna Ibe, Jerry Isla, William Larkin, Jaime Laya, Ester Ledesma, Mariano Lerin, Gregorio Licaros, Jeffrey Lim, Roque Lim, Tomasa Lipana, Luis Liwanag 2nd, Judith V Lopez, Ma. Concepcion Lupisan, Conchita Manabat, Roberto Manabat, Mario Mananghaya, Eugene Mateo, Leonardo Matignas Jr., Felipe Medalla, Rufo Mendoza, Heidi LLoce-Mendoza, Gregorio Navarro, Rizalino Navarro, Cirilo Noel, Felipe Ollada, Roberto Ongpin, Raul Pagdanganan, Erlinda Pefianco, Gilda Pico, Hermogenes Pobre, Cleotilde Protomartir, Benjamin Punongbayan, Cesar Antonio Purisima, June Cheryl Revilla, Eugenio Reyes, Alicia LL. Reyes, Alberto Romulo, Antonio Sanchez, Petronilo Santos, Jose Sio, Lucito Sioson, Josefe Sorrera-Ty, Washington Sycip, Protacio Tacandong, Maria Gracia Tan, Nestor Tan, Wilson Tan, Joel Tan-Torres, Joaquin P. Tolentino, Jose Torres, Guillermo Torres Sr., Artemio Tulio, Arnel Onesimo Uy, Carlos Valdes, Carlota Valenzuela, Conrado Valix, Alfredo Velayo, Ma. Violeta Vicente, Eduardo Villanueva, and Manuel Villar Jr. They were nominated by different sectors of the accountancy profession -- public practice, commerce and industry, education, and government practice. The BOA approved the list of awardees, recognizing their “unquestionable integrity, exemplified by their outstanding contributions and unparalleled dedication in advancing the Accountancy profession and remarkable participation in national development.” The conferment of the “Centenary Awards of Excellence” and “Recognition Awards for the Board of Accountancy Members” marked the culmination of the year-long celebration of the Centenary Year of the Accountancy Profession in the Philippines. On March 17, 1923, the Sixth Philippine Legislature approved the Accountancy Act of 1923, formalizing the practice of accountancy in the country, while recognizing it as a lawful profession. Under Accountancy Act of 1923, the BOA was created with three members. It determined qualification of persons applying for certificates, made rules for the examination of the same, and finally, issued certificates allowing the person to practice as a public accountant and be identified as a CPA. The first CPA Licensure exam was administered by BOA in May 1932, and the scope concentrated only on four accounting subjects: Theory of Accounts, Practical Accounting, Auditing and Commercial Law.   The awardees received a stylized obelisk made of stainless steel, a symbol of untarnished reputation and unquestionable integrity, is a memento of success to honor the notable CPAs. Centenary Celebration Committee Co-Chairperson Aphat Martinez conceptualized the designed the obelisk, and was executed by renowned University of the Philippines (UP) and Tanay artist Bernardo Balagtas.
ADVERTISEMENT
.most-popular .layout-ratio{ padding-bottom: 79.13%; } @media (min-width: 768px) and (max-width: 1024px) { .widget-title { font-size: 15px !important; } }

{{ articles_filter_1561_widget.title }}

{{ item.title }}
.most-popular .layout-ratio{ padding-bottom: 79.13%; } @media (min-width: 768px) and (max-width: 1024px) { .widget-title { font-size: 15px !important; } }

{{ articles_filter_1562_widget.title }}

{{ item.title }}
.most-popular .layout-ratio{ padding-bottom: 79.13%; } @media (min-width: 768px) and (max-width: 1024px) { .widget-title { font-size: 15px !important; } }

{{ articles_filter_1563_widget.title }}

{{ item.title }}

{{ articles_filter_1564_widget.title }}

{{ item.title }}
.mb-article-details { position: relative; } .mb-article-details .article-body-preview, .mb-article-details .article-body-summary{ font-size: 17px; line-height: 30px; font-family: "Libre Caslon Text", serif; color: #000; } .mb-article-details .article-body-preview iframe , .mb-article-details .article-body-summary iframe{ width: 100%; margin: auto; } .read-more-background { background: linear-gradient(180deg, color(display-p3 1.000 1.000 1.000 / 0) 13.75%, color(display-p3 1.000 1.000 1.000 / 0.8) 30.79%, color(display-p3 1.000 1.000 1.000) 72.5%); position: absolute; height: 200px; width: 100%; bottom: 0; display: flex; justify-content: center; align-items: center; padding: 0; } .read-more-background a{ color: #000; } .read-more-btn { padding: 17px 45px; font-family: Inter; font-weight: 700; font-size: 18px; line-height: 16px; text-align: center; vertical-align: middle; border: 1px solid black; background-color: white; } .hidden { display: none; }
function initializeAllSwipers() { // Get all hidden inputs with cms_article_id document.querySelectorAll('[id^="cms_article_id_"]').forEach(function (input) { const cmsArticleId = input.value; const articleSelector = '#article-' + cmsArticleId + ' .body_images'; const swiperElement = document.querySelector(articleSelector); if (swiperElement && !swiperElement.classList.contains('swiper-initialized')) { new Swiper(articleSelector, { loop: true, pagination: false, navigation: { nextEl: '#article-' + cmsArticleId + ' .swiper-button-next', prevEl: '#article-' + cmsArticleId + ' .swiper-button-prev', }, }); } }); } setTimeout(initializeAllSwipers, 3000); const intersectionObserver = new IntersectionObserver( (entries) => { entries.forEach((entry) => { if (entry.isIntersecting) { const newUrl = entry.target.getAttribute("data-url"); if (newUrl) { history.pushState(null, null, newUrl); let article = entry.target; // Extract metadata const author = article.querySelector('.author-section').textContent.replace('By', '').trim(); const section = article.querySelector('.section-info ').textContent.replace(' ', ' '); const title = article.querySelector('.article-title h1').textContent; // Parse URL for Chartbeat path format const parsedUrl = new URL(newUrl, window.location.origin); const cleanUrl = parsedUrl.host + parsedUrl.pathname; // Update Chartbeat configuration if (typeof window._sf_async_config !== 'undefined') { window._sf_async_config.path = cleanUrl; window._sf_async_config.sections = section; window._sf_async_config.authors = author; } // Track virtual page view with Chartbeat if (typeof pSUPERFLY !== 'undefined' && typeof pSUPERFLY.virtualPage === 'function') { try { pSUPERFLY.virtualPage({ path: cleanUrl, title: title, sections: section, authors: author }); } catch (error) { console.error('ping error', error); } } // Optional: Update document title if (title && title !== document.title) { document.title = title; } } } }); }, { threshold: 0.1 } ); function showArticleBody(button) { const article = button.closest("article"); const summary = article.querySelector(".article-body-summary"); const body = article.querySelector(".article-body-preview"); const readMoreSection = article.querySelector(".read-more-background"); // Hide summary and read-more section summary.style.display = "none"; readMoreSection.style.display = "none"; // Show the full article body body.classList.remove("hidden"); } document.addEventListener("DOMContentLoaded", () => { let loadCount = 0; // Track how many times articles are loaded const offset = [1, 2, 3, 4, 5, 6, 7, 8, 9, 10]; // Offset values const currentUrl = window.location.pathname.substring(1); let isLoading = false; // Prevent multiple calls if (!currentUrl) { console.log("Current URL is invalid."); return; } const sentinel = document.getElementById("load-more-sentinel"); if (!sentinel) { console.log("Sentinel element not found."); return; } function isSentinelVisible() { const rect = sentinel.getBoundingClientRect(); return ( rect.top < window.innerHeight && rect.bottom >= 0 ); } function onScroll() { if (isLoading) return; if (isSentinelVisible()) { if (loadCount >= offset.length) { console.log("Maximum load attempts reached."); window.removeEventListener("scroll", onScroll); return; } isLoading = true; const currentOffset = offset[loadCount]; window.loadMoreItems().then(() => { let article = document.querySelector('#widget_1690 > div:nth-last-of-type(2) article'); intersectionObserver.observe(article) loadCount++; }).catch(error => { console.error("Error loading more items:", error); }).finally(() => { isLoading = false; }); } } window.addEventListener("scroll", onScroll); });
Join Our Newsletters

Sign up by email to receive news.

© 2025 Manila Bulletin The Nation's Leading Newspaper. All Rights Reserved.