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Professional Licensure coverage guide

CPALE Reviewer and Coverage Guide

Certified Public Accountants Licensure Examination

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The Certified Public Accountants Licensure Examination (CPALE) is administered by the Professional Regulation Commission through the Professional Regulatory Board of Accountancy. Board of Accountancy resolutions also use Licensure Examination for Certified Public Accountants (LECPA) for the same examination. This guide separates the six-subject current source set from ExamPede's independent 47-leaf and 107-topic study organization.

Common names: LECPA, Licensure Examination for Certified Public Accountants, CPA board exam, accountancy board exam

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Exam identity

What this guide establishes

Formal Name

The current public PRC name is Certified Public Accountants Licensure Examination (CPALE).

Administrator

PRC administers CPALE through the Professional Regulatory Board of Accountancy.

Naming Variant

Board of Accountancy resolutions also use Licensure Examination for Certified Public Accountants (LECPA) for the same examination.

Six Subjects

The current program lists Management Services, Auditing, Taxation, Regulatory Framework for Business Transactions, Financial Accounting and Reporting, and Advanced Financial Accounting and Reporting.

Program Corroboration

A dated PRC program corroborates the six current subjects without making its schedule or session instructions evergreen.

Future Effective TOS

The revised TOS applies from calendar year 2029 onward rather than to the current-through-2028 coverage card.

Important distinctions

Read the exam context carefully

CPALE and LECPA refer to one examination

Current public PRC material uses CPALE, while Board of Accountancy resolutions also use LECPA; neither label identifies a competing examination.

Keep the 2029 revision future-only

The 2022 source set remains the current coverage basis through 2028. The published revision begins in calendar year 2029 and is not blended into the current card.

Mapped leaves and local depth are different layers

The 47 leaves normalize the current syllabus and TOS. ExamPede's 107 deeper topics are independent organization rather than additional official headings.

Changing authorities need fresh checks

Tax law, business law, accounting standards, and auditing standards should be checked against current authoritative material.

Structural review map

ExamPede’s independent review coverage

This structural map currently contains 6 Subjects, 47 Topics, and 107 detailed topic entries. These are ExamPede organization counts, not official item allocations or question-bank totals.

Coverage is not practice availability. A listed subject or topic does not prove that practice questions are available in the current app.

Financial Accounting and Reporting (FAR) 9 Topics

Development of Financial Reporting Framework and Regulation of the Profession

  • Standard-Setting Bodies
  • Regulation of the Accountancy Profession

Conceptual Framework, Accounting Process, and Presentation of Financial Statements

  • Conceptual Framework
  • Accounting Process
  • Financial Statements

Cash and Other Financial Assets

  • Cash
  • Receivables
  • Investments

Nonfinancial Assets

  • Inventories
  • Property, Plant and Equipment
  • Intangible and Other Assets

Financial Liabilities

  • Financial Liabilities

Nonfinancial Liabilities, Provisions, and Contingencies

  • Nonfinancial Liabilities
  • Provisions and Contingencies

Shareholders' Equity

  • Share Capital
  • Retained Earnings and Equity Changes

Other Topics

  • Other FAR Topics

Other Reporting Frameworks

  • Reporting for Small Entities
Advanced Financial Accounting and Reporting (AFAR) 14 Topics

Partnership Accounting

  • Partnership Formation and Operations
  • Partnership Liquidation

Corporate Liquidation

  • Corporate Liquidation

Joint Arrangements

  • Joint Arrangements

Revenue Recognition

  • Revenue Recognition Model
  • Revenue Arrangements

Home Office, Branch, and Agency Transactions

  • Home Office, Branch, and Agency

Business Combinations

  • Business Combinations

Separate Financial Statements

  • Separate Financial Statements

Consolidated Financial Statements

  • Consolidation Procedures
  • Intercompany Transactions

Derivatives and Hedge Accounting

  • Derivative Instruments
  • Hedge Accounting

Foreign-Currency Financial-Statement Translation

  • Foreign-Currency Translation

Not-for-Profit Organizations

  • Not-for-Profit Organizations

Government Accounting

  • Government Accounting

Cost Accounting

  • Costing Systems
  • Cost Allocation

Other Special Topics

  • Other Special Topics
Management Services (MS) 3 Topics

Management Accounting

  • Cost Concepts and Behavior
  • Cost-Volume-Profit Analysis
  • Relevant Costing and Decisions
  • Budgeting
  • Standard Costing and Performance
  • Quantitative Techniques

Financial Management

  • Financial-Statement Analysis
  • Working-Capital Management
  • Valuation and Risk
  • Capital Structure and Cost of Capital
  • Capital Budgeting
  • Corporate Finance

Economics

  • Macroeconomics
  • Microeconomics
Auditing (AUD) 2 Topics

Theory on Auditing and Attestation Services

  • Fundamentals and Assurance Engagements
  • Audit Planning
  • Risk and Materiality
  • Internal Control and Evidence
  • Audit Completion
  • Audit Reports and Other Engagements

Auditing Practice

  • Ethics and Governance
  • Audit of Assets
  • Audit of Liabilities, Equity, and Results
  • IT and Audit Techniques
  • Reporting and Communication
Regulatory Framework for Business Transactions (RFBT) 10 Topics

Law on Business Transactions

  • Obligations
  • Contracts
  • Sales
  • Credit Transactions

Bouncing Checks Law

  • Bouncing Checks Law (BP 22)

Consumer Protection

  • Consumer Rights and Product Safety
  • Sales Practices and Special Laws

Financial Rehabilitation and Insolvency

  • Rehabilitation
  • Liquidation and Creditors

Philippine Competition Act

  • Philippine Competition Act

Government Procurement Law

  • Procurement Principles and Bidding
  • Contract Award and Alternatives

Law on Business Organizations

  • Partnerships
  • Corporation Formation
  • Corporate Governance and Management
  • Shares and Shareholder Rights
  • Corporate Changes and Special Corporations
  • Securities Regulation

Insurance Law

  • Insurance Contracts
  • Claims and Subrogation

Cooperative Law

  • Cooperative Organization and Membership
  • Cooperative Operations

Other Business Laws

  • Banking and Deposit Laws
  • Anti-Money Laundering
  • Intellectual Property and Digital Laws
  • Social Legislation
Taxation (TAX) 9 Topics

Principles of Taxation

  • Principles and Limitations
  • Tax Administration and Ethics

Tax Remedies

  • Government Remedies
  • Taxpayer Remedies

Income Taxation

  • Taxpayer Classification
  • Gross Income and Deductions
  • Accounting and Special Income
  • Withholding Taxes
  • Returns and Planning

Transfer Taxes

  • Estate Tax
  • Donor's Tax

Business Taxes

  • Value-Added Tax
  • Percentage Taxes and Compliance

Documentary Stamp Tax

  • Documentary Stamp Tax

Excise Tax

  • Excise Tax

Local Taxation

  • Local Government Taxes
  • Real Property Tax and Remedies

Preferential Taxation

  • Investment Incentives
  • Special Benefits and Treaties

Study sequence

A practical way to organize review

  1. Compare all six subjectsSample each current subject to identify concept, computation, and rule-recall gaps.
  2. Alternate management and audit workPair decision-oriented accounting with auditing concepts and evidence evaluation.
  3. Rotate taxation and RFBTSeparate durable principles from provisions that require current authoritative checking.
  4. Build from FAR into AFARReinforce core reporting mechanics before adding combinations, consolidations, and special-accounting contexts.
  5. Classify the errorMark each miss as a standard, law, concept, setup, calculation, or interpretation error before retrying.

Continue comparing

Use these available draft guides to compare a closely related licensure, admission, or government-service path.

Questions and distinctions

Frequently asked questions

Are CPALE and LECPA the same licensure examination?

Yes. Current public PRC material uses CPALE, while Board of Accountancy resolutions also use LECPA for the same examination.

What six subjects apply through 2028?

They are Management Services, Auditing, Taxation, Regulatory Framework for Business Transactions, Financial Accounting and Reporting, and Advanced Financial Accounting and Reporting.

When does the revised TOS begin to apply?

The reviewed resolution and annex state that the revision applies from calendar year 2029 onward.

Are ExamPede's detailed topics official PRC headings?

No. The 47 mapped leaves normalize the current source structure, while the 107 deeper topics are independent ExamPede organization.

Where should schedules, requirements, and changing rules be confirmed?

Use current PRC programs and authoritative tax, legal, accounting, and auditing sources for details that can change.

Evidence record

Sources checked for this draft

Official source links are retained in ExamPede’s internal editorial record. This draft shows source identity and review dates as plain text.

  • Professional Regulation Commission — Summary List of Professional Regulatory Boards, Names of Licensure Examinations, and Abbreviations Checked September 8, 2026
  • Professional Regulation Commission — May 2026 Certified Public Accountants Licensure Examination Program Checked September 8, 2026
  • Professional Regulation Commission — Board Resolution No. 30, s. 2022 — Revised Syllabi and Tables of Specifications for LECPA Checked September 8, 2026
  • Professional Regulation Commission — LECPA Syllabi Effective October 2022 Checked September 8, 2026
  • Professional Regulation Commission — LECPA Tables of Specifications Effective October 2022 Checked September 8, 2026
  • Professional Regulation Commission — Board Resolution No. 20, s. 2026 — Revised LECPA Tables of Specifications Checked September 8, 2026
  • Professional Regulation Commission — Revised Annex A — LECPA Tables of Specifications for Calendar Year 2029 Onward Checked September 8, 2026

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