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    IMPLEMENTING RULES AND REGULATION

    THE SEARCH FOR NCR S FRONTLINERS

    REVISION HISTORY

    Version No. Date Revised By Approved By Noted By Details

    1.01 06/07/2012 Rodel B. Tria John Michael T. Lava Conrad Allan M. Alviz Ini tial Is sue

    1.02 06/01/2013 Jay Albert H. Graci ll a Danny M. Vill anueva Conrad Allan M. Alviz Annual Update

    1.03 06/14/2014 Jury A. Vibar Kenneth John V. Sil o Conrad Allan M. Alviz Annual Update

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    TABLE OF CONTENTS

    INTRODUCTION........................................................................................................................................3

    OBJECTIVES .............................................................................................................................................3

    QUALIFICATIONS .....................................................................................................................................3

    REQUIREMENTS ......................................................................................................................................3

    GENERAL CONTEST RULES AND MECHANICS ..................................................................................4

    EXAMINATION PROPER ..........................................................................................................................7

    EXAMINATION DETAILS ..........................................................................................................................7

    CRITERIA FOR JUDGING (ESSAY).........................................................................................................8

    DETERMINATION OF TOP 20 .................................................................................................................9

    ENFORCEMENT OF THE IMPLEMENTING RULES AND REGULATIONS.........................................10

    AMENDMENTS OR REVISIONS ............................................................................................................10

    SEPARABILITY CLAUSE ........................................................................................................................10

    REPEALING CLAUSE .............................................................................................................................11

    EFFECTIVITY ..........................................................................................................................................11

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    INTRODUCTION

    NFJPIA-NCR Council aims to promote academic excellence by adopting measures to fostereducational advancement in the field of Accountancy. The annual Search for NCRs Frontliners is oneof the academic events of the Council which exist to complement the academic curriculum anddesigned to motivate students as they acquire higher levels of knowledge. This year, NCRsFrontliners shall be trained by the partner firm for the whole year. The screening shall be consists ofdiagnostic examination covering all CPA board examination subjects. It is open for application to allstudents, preferably graduating students, who are enrolled in Bachelor of Science in Accountancy andaccounting related programs.

    OBJECTIVES

    1. To promote academic excellence to all members by expanding their knowledge and understandingof the accountancy profession through academic competitions.

    2. To select the pool of academic quizzers that shall be trained by the Council s partner firm to winthe national academic competitions.

    3. To help the selected academic pool of quizzers to discover their strengths and be aware theirweaknesses in different board-related subjects through academic competition with the ultimate aimof maximizing the former and overcoming the latter.

    4. To strengthen relationship with partner firm by allowing them to have a closer encounter with theacademic pool of quizzers.

    QUALIFICATIONS

    1. The Search for NCRs Frontliners is open to all bona fide members of the NFJPIA-NCR FY 2014-2015.

    2. The aspiring examinee for this event must be at least 3 rd year level of a 4-year program or a 4 th year of a 5-year program.

    3. Each local chapter may send a maximum of seven participants.4. Only 200 slots shall be available and would be on a first-register first-served basis. If there would

    still be available slots after August 3, 2014 , the local chapter may exceed the maximum number ofseven participants.

    REQUIREMENTS

    1. Each local chapter shall submit the following requirements:a. Duly Accomplished Application Form with 2x2 Formal ID picture in a white background

    (Softcopy);b. Endorsement Letter certifying and attesting that the contestant is, or intends to be, a member

    of the Local Chapter and that he is the official representative of the Local Chapter for the quiz,signed by the Local Chapter President, noted by the respective Local Chapter JPIA adviser.(Softcopy)

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    c. School ID (must be presented upon registration on the day of the event). Alternative: Printedcopy of requirement b (Endorsement Letter)

    2. There would be an examination fee amounting to P100.00, for examination paraphernalia andsnacks, that shall be paid by the examinees on the first day of the event (August 17, 2014) .

    3. All requirements should be submitted to [email protected] on or before August 10,2014 . The file shall follow the following format:

    Example: Patacsil_JerwinDave_FEU

    GENERAL CONTEST RULES AND MECHANICS

    1. Examinees are advised to be at the designated place at least one hour before the time schedule.This time shall be allotted for the registration, payment of examination fee and inspection ofcalculators.

    2. An examinee shall sign the attendance sheet in every subject he takes. Examinees should makesure that they properly signed on the attendance sheet after each subject taken.

    3. Examinees should be in their smart casual attire during the course of the event.4. Late examinees shall be ALLOWED to join the competition. However, he/she shall not be allowed

    to extend beyond the scheduled time of the subject which is currently taken by other examineesupon his/her arrival and he/she shall no longer be allowed to take the subjects he/she havemissed. Examinees who failed to be at the venue once the exam starts are considered late.

    5. The examinees shall not be allowed to bring anything on top of their desks except their writing

    materials and non-programmable calculators. Mobile phones, iPad, laptop and other electronicdevices shall not be allowed to be used during the contest proper.6. Examinees should observe proper behavior during the examination proper. Talking, and/or asking

    to seatmates shall be strictly prohibited. Examinees who shall be caught cheating shall beautomatically disqualified in the competition.

    7. Examinees shall be allowed to raise queries, clarifications, questions and/or protests by raisingtheir hands to call the attention of the organizers.

    8. All queries, clarifications, questions and/or protests shall be addressed to the Regional VicePresident for Academics or Project Head. The decision of the Regional Vice President for

    Academics or Project Head shall be final and irrevocable.9. Failure to follow the instructions stated in this IRR shall merit the examinee a warning. A maximum

    of two warnings shall be given to each examinee. A third violation shall automatically disqualify thesaid examinee from the competition.

    10. Organizing committee members shall be in-charge for monitoring the said offences. Their decisionshall be binding and irrevocable.

    11. Examinees shall be allowed to leave the examination room provided that they have completed theexamination. Once an examinee leaves the room, he/she is no longer allowed to go inside unlessall other examinees are done with their exam.

    12. Examinees shall only be allowed to use the following items during the examination Mongol No. 2 pencil Sharpener Eraser

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    Calculator (refer to table below for the list of allowable calculators) Scratch papers (to be provided by the organizers)

    13. Only non-programmable calculators allowed by Profess ional Regulation Commission shall beallowed to be used in the competition. Proctors shall inspect the examinees calculators before theexamination starts. The list of allowed calculators that were identified as non-programmable as perProfessional Regulation Commission Memorandum Circular No. 2008-19 dated November 10,2008 is enumerated below:

    CASIO STANDARD/DESKTOP/SCIENTIFIC CALCULATORS

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    CANON STANDARD/DESKTOP/SCIENTIFIC CALCULATORS

    SHARP STANDARD/DESKTOP/SCIENTIFIC CALCULATORS

    CITIZEN STANDARD/DESKTOP/SCIENTIFIC CALCULATORS

    AURORA STANDARD/DESKTOP/SCIENTIFIC CALCULATORS

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    OLYMPIA STANDARD/DESKTOP/SCIENTIFIC CALCULATORS

    OTHER BRANDS

    EXAMINATION PROPER

    1. The Search for NCRs Frontliners shall be a written -type examination. Examinees shall be giventest papers and answer sheets for each CPA board subjects.

    2. There shall be two Elimination Rounds during the competition. The 1 st Elimination Round shall trimdown the examinees from 200 to 50 while the 2 nd Elimination Round shall trim down theexaminees from 50 to 20. The 1 st Elimination Round shall be scheduled for two days on August17, 2014 and August 24, 2014 while the 2 nd Elimination Round shall be scheduled for one day onAugust 31, 2014 .

    3. The top 50 examinees shall be announced on August 26, 2014 while the announcement of top 20

    examinees shall be announced on September 2, 2014 through NFJPIA-NCR official Facebook FanPage.4. The top 20 examinees shall be entitled to a yearlong training to be provided by the partner firm.

    EXAMINATION DETAILS

    Day 1 - August 17, 2014 (Host School)

    Subject Number of Items Time Allotted Auditing Theory 45 75 minutes

    Auditing Problem 30 120 minutesBusiness Law 40 75 minutes

    Taxation 40 75 minutes

    Total 155 345 minutes or5 hours and 45 minutes

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    Day 2 - August 24, 2014 (Host School)

    1. Management Advisory Services2. Practical Accounting 13. Practical Accounting 24. Theory of Accounts

    Subject Number of Items Time AllottedManagement Advisory Services 35 90 minutes

    Practical Accounting 1 30 120 minutes

    Practical Accounting 2 30 120 minutesTheory of Accounts 40 75 minutes

    Total 135 405 minutes or6 hours and 45 minutes

    Day 3 - August 31, 2014 (Partner Firm s Office )

    Subject Number of Items Time Allotted Auditing Theory 30 45 minutes

    Auditing Problem 20 90 minutesBusiness Law 30 45 minutes

    Taxation 30 45 minutesManagement Advisory Services 25 60 minutes

    Practical Accounting 1 20 90 minutesPractical Accounting 2 20 90 minutes

    Theory of Accounts 30 45 minutesEssay N/A 60 minutes

    Total 205 570 minutes or9 hours and 30 minutes

    CRITERIA FOR JUDGING (ESSAY)

    1. The contestants shall be given an hour to prepare an essay. Essays shall be limited to one sheet

    of paper. Letter size bond paper (8.5 x 11 inches).2. The topic shall be given on the day by the organizers.3. English shall be the language used for the essay.4. Quotations or remarks from other persons or artists shall be c learly recognized and that no

    participant shall plagiarize an already existing literary work.5. The criteria for judging are as follows:

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    Organization, Structure, Coherence andMechanics

    35%

    Relevance to the Theme 30%Originality, Creativity, Style and Artistry 20%Grammar, Choice of Words and Spelling 10%Overall Impact 5%Total 100%

    DETERMINATION OF TOP 20

    The top 20 Frontliners shall be determined based on the following:

    Examination 80%Essay 20%Total 100%

    Example:

    Raw Scores

    No. of Items 30 20 30 30 30 30 30 30Examinees AT AP BL TX MS P1 P2 TAExaminee 1 29 20 28 25 23 22 30 23Examinee 2 30 20 30 30 30 30 30 30Examinee 3 26 12 30 27 28 29 30 28

    Percentage

    Examinees AT AP BL TX MS P1 P2 TA AVEExaminee 1 97% 100% 93% 83% 77% 73% 100% 77% 88%

    Examinee 2 100% 100% 100% 100% 100% 100% 100% 100% 100%

    Examinee 3 87% 60% 100% 90% 93% 97% 100% 93% 90%

    Final Score

    Examinees Exam (80%) Essay (20%) Total RankExaminee 1 88% 70% 91% 18% 89% 3

    r

    Examinee 2 100% 80% 100% 20% 100% 1s

    Examinee 3 90% 72% 99% 20% 92% 2n

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    ENFORCEMENT OF THE IMPLEMENTING RULES AND REGULATIONS

    1. It shall be the primary duty of the Regional Vice President for Academics, the Event Project Head,and the Council to effectively enforce the provisions of this Implementing Rules and Regulations.The Council also has the sole right to interpret the contents of this Implementing Rules andRegulations and their decision shall be binding and irrevocable.

    2. All the host schools of NCR Cup, upon the call or request of the Regional Vice President for Academics or the Event Project Head or the Council, shall render assistance in enforcing thisImplementing Rules and Regulations and to give necessary action to any person violating theprovisions of the same.

    3. The Regional Adviser or his duly designated representative shall act as legal adviser to theRegional Vice President for Academics, or the Event Project Head, or the Council and shall renderlegal assistance as may be necessary in carrying out the provisions of this Implementing Rulesand Regulations.

    AMENDMENTS OR REVISIONS

    1. The Council shall be vested with the exclusive power to revise and amend this ImplementingRules and Regulations.

    2. Any amendments to or revisions to this Implementing Rules and Regulations may be proposed byany member of any Local Chapter upon a written request of such member, stating the reasonsthereto.

    3. Any request for amendments and revisions as well as proposed amendments must initially bereviewed by the Regional Vice President for Academics attested by the Regional Adviser and thenforwarded to the Regional Executive Officers for discussion, editing and final approval.

    4. The Regional Executive Officers shall have the right to debunk any proposed revisions andamendments, submitted to them by the Regional Vice President for Academics, which are deemedunnecessary. The final decision on any inclusions and exclusions to this Implementing Rules andRegulations must be determined by a majority vote of all Regional Executive Officers in which theRegional Vice President for Academics is included.

    5. Amendments to particular provisions in this Implementing Rules & Regulations shall be allowedprovided that such amendments shall be communicated to the local chapters during the GeneralMeeting prior to the 13 th NCR Cup Quiz 1.

    SEPARABILITY CLAUSE

    If any clause, provision, paragraph or part of this Implementing Rules and Regulations shall bedeclared unconstitutional or invalid, such judgment shall not affect, invalidate, or impair any other parthereof, but shall be merely confined to the clause, provision, paragraph or part directly involved in thecontroversy in which such judgment has been rendered.

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    REPEALING CLAUSE

    Any rule and regulation or resolution or part/s thereof inconsistent with the provisions of thisImplementing Rules and Regulations are hereby repealed or modified accordingly.

    EFFECTIVITY

    This Implementing Rules and Regulations shall take its effect immediately after presentation to theassembly. Promulgated in the City of Manila this 14 th day of June, 2014.

    Prepared by:

    _________________________________________Jury A. Vibar

    Regional Vice President for Academics University of the East Manila

    Approved by:

    _______________________________________Kenneth John V. Silo

    Regional PresidentPamantasan ng Lungsod ng Pasig

    _______________________________________Allaine S. Pascual

    Regional Vice President for Non-AcademicsUniversity of the East Caloocan

    _______________________________________Marie Kimberly U. Naparota

    Regional Vice President for FinancePhilippine Christian University

    _______________________________________Marissa L. Dela Cruz

    Regional Vice President for MembershipPhilippine Christian University

    _______________________________________Ron Mcrenz H. Guittap

    Regional Vice President for Information and PublicityUniversi ty of the East Caloocan

    _______________________________________Mc. Darell L. Janoras

    Regional Vice President for Communications NorthUniversity of the East Caloocan

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    _______________________________________Mary Grace J. Arevalo

    Regional Vice President for Communications EastPamantasan ng Lungsod ng Marikina

    _______________________________________Susan G. Salomon

    Regional Vice President for Communications WestTechnological Institute of the Philippines Manila

    _______________________________________

    John Paul S. MacinasRegional Vice President for Communications SouthDr. Filemon C. Aguilar Memorial College of Las Pias

    _______________________________________

    Jerwin Dave V. PatacsilRegional Vice President for AuditFar Eastern University Manila

    _______________________________________Amita Beatriz O. CiprianoRegional Executive Secretary

    Pamantasan ng Lungsod ng Maynila

    Noted by:

    _______________________________________Conrad Allan M. Alviz, CPA, CISA, CIA

    Regional AdviserSGV & Co.