In line with our continuous updating of the list of Accredited Cooperative External Auditors, we are pleased to inform you that the following documents which are basic requirements for accreditation must be valid and up-to-date:
• Professional Regulation Commission (PRC) ID;
• PRC Board of Accountancy (BOA) Accreditation Certificate;
• Certificate of Good Standing with the PICPA
Memorandum Circular No. 2019-10, Section 13, provides that “Records of the Accredited Cooperative Auditors submitted to the CDA shall be valid/updated at all times. In case the effectivity/validity of these records have lapsed, the cooperative external auditor must submit the valid documents to update his/her records to the CDA. Failure to do so shall prompt the CDA to suspend/invalidate his/her accreditation.”
All the Cooperative External Auditors who still have valid accreditation with the CDA but the licenses and certifications as enumerated above are already expired, you are required to submit a copy of the updated/valid documents to the CDA through email or courier.
You may submit the document through email address – [email protected] or at CDA Head Office, 827 Aurora Blvd., Immaculate Conception, Quezon City.
For your immediate action and strict compliance.