NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS

THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 2014 R3: Reaching Greater Heights Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit

REGION III COUNCIL

IMPLEMENTING RULES AND REGULATIONS ON INSPIRE A JPIAN: BASIC ACCOUNTING PROFICIENCY DRIVE

REVISION HISTORY: Version No. 1 2 Date 11/5/2012 25/5/2013 Revised By Nio Jerald M. Cruz Francis Xavier W. Ferrer Approved By Matthew U. Gopez Zheena E. Ocampo Noted By Conrad Allan M. Alviz Conrad Allan M. Alviz Details Initial Issue Second Issue

Implementing Rules and Regulations Inspire a JPIAN National Federation of Junior Philippine Institute of Accountants Region III Council

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NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS

THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 2014 R3: Reaching Greater Heights Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit

REGION III COUNCIL

TABLE OF CONTENTS
BACKGROUND ..................................................................................................................................................................3 OBJECTIVES.......................................................................................................................................................................3 QUALIFICATIONS AND REQUIREMENTS ...................................................................................................................3 MODULES ...........................................................................................................................................................................4 MENTORS GUILD ............................................................................................................................................................4 SUGGESTED PROGRAM OF ACTIVITIES .....................................................................................................................5 ACCOMPLISHMENT REPORTS ......................................................................................................................................6 PROVINCIAL CO-PROJECT HEADS ...............................................................................................................................7 COMPREHENSIVE EXAMINATION ...............................................................................................................................7 TOP PERFORMING STUDENTS .....................................................................................................................................8 TOP PERFORMING LOCAL CHAPTER/S .....................................................................................................................8 AWARDING CEREMONY .................................................................................................................................................9 SEGREGATION OF EXPENSES........................................................................................................................................9 LOGISTICS....................................................................................................................................................................... 10 ENFORCEMENT OF THE IMPLEMENTING RULES AND REGULATIONS ........................................................... 10 AMENDMENTS OR REVISIONS................................................................................................................................... 10 SEPARABILITY CLAUSE............................................................................................................................................... 10 REPEALING CLAUSE ..................................................................................................................................................... 11 EFFECTIVITY.................................................................................................................................................................. 11

Implementing Rules and Regulations Inspire a JPIAN National Federation of Junior Philippine Institute of Accountants Region III Council

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NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS

THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 2014 R3: Reaching Greater Heights Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit

REGION III COUNCIL

BACKGROUND
Inspire a JPIAN: (Basic Accounting Proficiency Drive) is an academic project of NFJPIA-R3 Region III Council which aims towards the strengthening of the basic accounting theories and practices of the young members of the Organization. Moreover, this project is designed to help each Local Chapter in motivating freshmen students to pursue accountancy as their profession in the future. The duration of the project is for one semester, coinciding with the academic year. This project shall be adopted by different Local Chapters, in all seven provinces, with a prescribe syllabus and each Local Chapter shall create the Mentors Guild to serve as the reviewe rs. Moreover, to assess the achievement level of the participants, the Council shall give a comprehensive examination for all the reviewees.

OBJECTIVES
To help the freshmen students in strengthening their basic learning foundation in the basic accounting course. To motivate the freshmen students to do well in their chosen field of specialization and to pursue accountancy as their profession in the future. To build and strengthen the relationship between freshmen members and older members of the Organization. To maintain an open communication line among members and to allow the freshmen students to consult the older members of the Organization in the field of academics and to allow the older members of the Organization to inspire and provide guidance to the freshmen students.

QUALIFICATIONS AND REQUIREMENTS

Inspire a JPIAN: Basic Accounting Proficiency Drive is open to all Local Chapters and students who are taking Fundamentals of Accounting I and are bona fide members of the NFJPIA-R3 Council F.Y. 2013 2014. Each Local Chapter must submit the following requirements: Duly accomplished Application Form (soft copy) (Please see Local_Chapter _Application Form.docx) Endorsement Letter from the JPIA Local Chapter President and Adviser (scanned copy) Endorsement Letter of Mentor/s duly signed by the Adviser School and JPIA Logo (soft copy and high resolution) All the requirements shall be sent via email at nfjpiar3.vpacademics1314@gmail.com on or before June 30, 2013. NFJPIA-R3 shall also provide the Application Forms for Mentors Guild (Please see Mentor's_Guild_Application Form.docx) and reviewees (Please see Reviewee_Application_Form.docx). However, the Local Chapter does not need to submit the individual Application Forms to the Council. The Local Chapter shall submit only the list of Mentors Guild and the list of participants to the Council (Please see Basic_Accounting_Proficiency_Drive Summary.xlsx).

Implementing Rules and Regulations Inspire a JPIAN National Federation of Junior Philippine Institute of Accountants Region III Council

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NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS

THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 2014 R3: Reaching Greater Heights Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit

REGION III COUNCIL

MODULES
The Inspire a JPIAN: Basic Accounting Proficiency Drive shall comprise the following modules and their corresponding minimum number of hours: Module 1 - Accounting and its Environment (2 hours) Module 2 Identifying and Recording Accountable Events (2 hours) Module 3 - Summarizing, Posting and Adjusting the Accounts (2 hours) Module 4 - Completing the Accounting Cycle(3 hours) Module 5 Comprehensive Illustration (Service Company) (1.5 hours) Module 6 Comprehensive Illustration (Merchandising Company) (2 hours) Module 7 Payroll Accounting (1.5 Hours) NFJPIA-R3 Council shall provide the proposed handouts for each module. The Council has proposed program modules, defined minimum number of hours per module and shall provide the handouts to be used for the program. However, the participating Local Chapter could adapt their own modules based on their curriculum, could change the number of hours per module or could modify the contents of the materials to make the project more responsive on the needs of its members. However, the NFJPIA-R3 Council must be notified regarding the modification.

MENTORS GUILD
Local Chapters shall create a Mentors Guild who shall comprise of competent student /s and shall serve as the facilitators of each session. The Mentors Guild shall have the following qualifications: BASIC QUALIFICATIONS: Must be a 2nd year, 3rd year, 4th year or 5th year Accountancy Student/s. Must have at least passed the same course (Basic Accounting) satisfactorily. Must be appointed by the JPIA officers duly approved by the JPIA Adviser . OTHER QUALIFICATIONS: Must have a good oral communication and interpersonal skills. Must be approachable and willing to entertain questions. The Mentors Guild shall have the following responsibilities: BASIC RESPONSIBILITIES: To serve as instructors of the freshmen students during the each sessions. To serve as consultants of the freshmen students on day to day basis. To serve as proctors during the comprehensive examinations.
Implementing Rules and Regulations Inspire a JPIAN National Federation of Junior Philippine Institute of Accountants Region III Council Page 4 of 12

NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS

THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 2014 R3: Reaching Greater Heights Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit

REGION III COUNCIL

INHERENT RESPONSIBILITIES: To monitor the progress of the participants during the each session. To encourage and motivate the freshmen students to study harder and pursue the accounting program. Local Chapters may adopt their own process of selecting the members of the Mentors Guild and the number of mentors shall be based on the number of expected participants each session. Mentors Guild shall undergo a short training to be facilitated by the JPIA Adviser or any professor from the school to prepare them in conducting each session. The short training course shall include the following topics: Orientation of the NFJPIA-R3 Inspire a JPIAN: Basic Accounting Proficiency Drive Project Description Project Objectives Roles and Responsibilities of Mentors Guild Modules Class Schedule Method of Instruction Topics / Items that needs to be highlighted during the review

SUGGESTED PROGRAM OF ACTIVITIES

There shall be a suggested program of activities during the conduct of the activity. However, Local Chapter/s could modify the program depending on the curriculum or any other matters as the Local Chapter deemed necessary.
MODULE 1. Accounting and its Environment ( 2nd 3rd Week of July) TIME ALLOTMENT Discussion 60 mins Seatwork 30 mins Open Forum 30 mins Discussion 60 mins Seatwork 30 mins Open Forum 30 mins

2 hours

2. Identifying and Recording Accountable Events (4th week of July 1st week of August)

2 hours

3. Classifying, Summarizing and Adjusting the Accounts ( 2nd week of August)

Discussion 60 mins Seatwork 30 mins Open 30 mins

2 hours
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Implementing Rules and Regulations Inspire a JPIAN National Federation of Junior Philippine Institute of Accountants Region III Council

NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS

THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 2014 R3: Reaching Greater Heights Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit

REGION III COUNCIL

Forum

4. Completing the Accounting Cycle (3rd week 4th week of August)

Discussion 90 mins Seatwork 30 mins Open Forum 30 mins Discussion 30 mins Seatwork 30 mins Open Forum 30 mins

2.5 hours

5. Comprehensive Illustration - Service Company (5th week of August)

1.5 hours

6. Comprehensive Illustration Company (1st Week of September)

Merchandising Discussion 60 mins Seatwork 30 mins Open Forum 30 mins

2 hours

7. Payroll Accounting (2nd Week of September)

TOTAL NUMBER OF HOURS

Discussion 30 mins Seatwork 30 mins Open Forum 30 mins 1.5 hours 13.5 hours

ACCOMPLISHMENT REPORTS
Each Local chapter need not to follow the sequence of the modules as proposed by the Council. It may be done on a different sequence depending on the course outline of the Local Chapter or any other basis as the Local Chapter deemed necessary. Each LC could also modify each module depending on the needs of its members. However, each Local chapter is required to submit accomplishment reports (please see Accomplishment_Report.rar) after finishing a module. It is to be done a week after finishing one module. This is done primarily in order for the council to verify the progress of the activity.

The accomplishment report shall include the following:

Accomplishment form specifying what module/s has been done and the accomplishment date. Scanned attendance sheet of the attendees. Duly accomplished evaluation form of Mentors Guild for the Reviewees (this includes the assessment of the mentors with regards to the learning of the reviewees in a specific module)

Implementing Rules and Regulations Inspire a JPIAN National Federation of Junior Philippine Institute of Accountants Region III Council

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NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS

THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 2014 R3: Reaching Greater Heights Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit

REGION III COUNCIL

*Duly accomplished evaluation form of Reviewees for the Mentors (this includes the assessment of the reviewees with regards to the teachings of the Mentor) *Each Local Chapter must obtain a sample equivalent to 5% of the attendees (or five samples whichever is higher) of each module. All the requirements shall be sent via email at nfjpiar3.vpacademics1314@gmail.com seven (7) days after the completion of a specific module.

PROVINCIAL CO-PROJECT HEADS

There are delegated provincial co-project heads to instigate close monitoring among local chapter in their respective area of jurisdiction. The following are the provincial co-project head for this activity: Bulacan Roy James Enrile Pampanga Reneil Jay Tumamak Nueva Ecija Mark Arvin Francisco Bataan John Kendrick Pajarin Zambales John Kendrick Pajarin Tarlac Echo Rivera The responsibilities of each Co-Project Head are the following: To act as a Liaison Officer of the Regional Council; To help each LC in the conduct of Materializing the Activity; To conduct a door-to-door visit of each Local Chapter at least twice during the semester; and To monitor and serve as watchers and record-keepers during the conduct of the comprehensive examinations.

COMPREHENSIVE EXAMINATION
Comprehensive Examination is primarily done for the purpose of measuring the achievement level of the reviewees and the success of the activity. This will also serve as the basis for identifying the top performing students and top performing local chapter/s across the region. The following guidelines must be observed in the conduct of the Comprehensive Examination: Comprehensive Examination is a multiple choice type of examination and each examinee is given an answer sheet to be submitted at the end of the examination. All reviewees are eligible take the comprehensive examination as long as their local chapter adopted the program. Moreover, certificates of completion shall be awarded to those who were present in the Examination Proper. The comprehensive examination shall be divided into two parts: Foundations of Basic Accounting (Modules 1 to 4) Applications of Basic Accounting Concepts (Modules 5 to 7)
Implementing Rules and Regulations Inspire a JPIAN National Federation of Junior Philippine Institute of Accountants Region III Council Page 7 of 12

NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS

THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 2014 R3: Reaching Greater Heights Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit

REGION III COUNCIL

The Comprehensive Examination shall be facilitated by the Mentors Guild and assigned REOs in each province and shall follow the following schedule: 7:30 am 8:00 am Registration 8:00 am 12:00 am Exam Proper (Part 1 and 2) 12:00 am 1:00 pm Lunch Break 1:00 pm 3:00 pm Solutions Giving 3:00 pm 3:30 pm Open Forum 3:30 pm 4:00 pm Distribution of Certificates of Completion and Closing Remarks All participants shall fill out an evaluation form to allow them to provide feedback about the mentors and the sessions in general. The Local Chapter and Mentors Guild shall also fill out an evaluation form and provide feedback on the program and to give recommendations on how to further improve the project. Answer sheets should be forwarded to the provincial co-project head for checking. It must be submitted to NFJPIA-R3 Council together with the scores of all the participants in an excel sheet within five days after the date of the Comprehensive Examination. The Council shall consolidate the results of the exam and shall determine the top performing students and top performing school. The overall Top 10 shall receive medals and certificates from the Council. The Top 3 of each local chapter shall receive certificates from the Council. The Top Performing Local Chapter/s shall receive certificate of recognition and gift packs from NFJPIA Region III Council.

TOP PERFORMING STUDENTS

REGIONAL TOP 10 PERFORMING STUDENTS The 10 Top Performing students across the region shall be identified based on General Weighted Average (G.W.A) of the two sets of exam computed on a zero-based percentage. The respective weights of the two sets of exam were as follows: EXAMINATION Foundations of Basic Accounting Applications of Basic Accounting G.W.A ZERO-BASED AVERAGE 100% 100% RELATIVE WEIGHT 2/5 3/5 WEIGHTED AVERAGE 40% 60% 100%

TOP 3 STUDENTS PER LOCAL CHAPTER

Aside from the regional topnothers, top 3 students per Local Chapter shall also be given recognition. They will be identified on the same basis of the Regional Topnotchers.

TOP PERFORMING LOCAL CHAPTER/S

The Top Performing Local Chapter/s shall be identified based on the following criteria:
Must have garnered the highest G.W.A per capita (per person)
Implementing Rules and Regulations Inspire a JPIAN National Federation of Junior Philippine Institute of Accountants Region III Council Page 8 of 12

NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS

THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 2014 R3: Reaching Greater Heights Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit

REGION III COUNCIL

G.W.A per capita shall be determined as follows: LOCAL CHAPTER: XYZ Summary of G.W.As NAME OF EXAMINEE Francis Xavier Wahing Ferrer Total # of Examinees: 4

GENERAL WEIGHTED AVERAGE 84.65% 90.22% 65.44% 77.80% G.W.A per Capita: 79.53%

Must have send at least 30 students in the comprehensive examination

AWARDING CEREMONY
A Formal Awarding Ceremony may be done as a long a there is an agreement between the Council and the LCs. The Top performing Local Chapter could bid a venue for it. In case, there are two or more top performing local chapters, the awarding ceremony must be done on the most convenient place in terms of transportation. The Local Chapter shall shoulder the cost of the venue and food (if any). NFJPIA-R3 shall shoulder the cost of certificates of participation and recognition. The Council shall also provide the medals for the overall top 10 of the comprehensive exam and certificates for the top 3 students of the comprehensive exam per Local Chapter. Local Chapters who could not attend to the awarding ceremony could get their prizes to the NFJPIA-R3 Office located at St. Matthew Building, Systems Plus College Foundation, Balibago, Angeles City.

SEGREGATION OF EXPENSES
The following expenses shall be shouldered by the LOCAL CHAPTER: Photocopying and printing of the modules and the key to correction Rent for the Venue (if any) Food for the Mentors and for the Attendees (if any) Supplies like Chalk, Whiteboard Markers etc.

The following expenses shall be shouldered by each EXAMINEE:

Examination fee amounting to P20.00 broken down into: Photocopying Fee (Examination Paper) P 10.00 Photocopying Fee (Solution Manual) 10.00

The following expenses shall be shouldered by the NFJPIA Region III Council:
Certificates of Completion, Certificate of Recognition, Certificates of Appreciation for the Mentors Token of Appreciation for the Mentors Medals for the Top 10 and Plaque for the Top Performing Local Chapter
Implementing Rules and Regulations Inspire a JPIAN National Federation of Junior Philippine Institute of Accountants Region III Council Page 9 of 12

NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS

THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 2014 R3: Reaching Greater Heights Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit

REGION III COUNCIL

LOGISTICS
1. 2. The Local Chapter has the responsibility to look for a venue each session. The Local Chapter shall prepare their own request letters to reserve the facilities needed for each session. NFJPIA-R3 Council could provide assistance to the Local Chapter through provincial co-project head by providing templates of Request Letter to the Dean and Adviser of each Local Chapter to request the free use of rooms, chairs, electric fans, light and other facilities needed to conduct the sessions upon request of the Local Chapter. The Local Chapter shall select a venue that could accommodate all the participants of each session. The venue should be well ventilated, properly illuminated and conducive for learning to allow the students to maintain focus. The Local Chapter shall also consider using a sound system in case of big venue and the student sitting at the back might have a difficulty of hearing the mentors.

3.

ENFORCEMENT OF THE IMPLEMENTING RULES AND REGULATIONS

A. It shall be the primary duty of the Regional Vice President for Academics 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 & Regulations and their decision will be binding and irrevocable. B. The Regional Adviser or his duly designated representative shall act as legal adviser to the Regional Vice President for Academics and the Council and shall render legal assistance as may be necessary in carrying out the provisions of this Implementing Rules and Regulations.

AMENDMENTS OR REVISIONS
A. The Council shall be vested with the exclusive power to revise and amend the Implementing Rules and Regulations. B. Any amendments to or revisions to this Implementing Rules and Regulations may be proposed by any member of any local chapter upon a written request of such member, stating the reasons thereto. C. Any request for amendments and revisions as well as proposed amendments must initially be reviewed by the Regional Vice President for Academics then to be forwarded to the Regional Executive Officers for discussion, editing and final approval and to be noted by the Regional Adviser. D. The Regional Executive Officers shall have the right to debunk any proposed revisions and amendments, submitted to them by the Regional Vice President for Academics, which are deemed unnecessary. The final decision on any inclusions and exclusions to this Implementing Rules and Regulations must be determined by a majority vote of all Regional Executive Officers in which the Regional Vice President for Academics is included. E. Amendments to particular provisions in this Implementing Rules and Regulations shall be allowed provided that such amendments will be communicated to stakeholders at least two weeks before it could take effect.

SEPARABILITY CLAUSE
If any clause, provision, paragraph or part of this Implementing Rules and Regulations shall be declared unconstitutional or invalid, such judgment shall not affect, invalidate, or impair any other part hereof, but shall be
Implementing Rules and Regulations Inspire a JPIAN National Federation of Junior Philippine Institute of Accountants Region III Council Page 10 of 12

NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS

THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 2014 R3: Reaching Greater Heights Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit

REGION III COUNCIL

merely confined to the clause, provision, paragraph or part directly involved in the controversy in which such judgment has been rendered.

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

EFFECTIVITY
This Implementing Rules and Regulations shall take effect immediately after its presentation and approval from the Assembly. Promulgated in the City of Pampanga this 9th day of June, 2013.

PREPARED BY:

_____________________________________________ Francis Xavier W. Ferrer Regional Vice President for Academics Systems Plus College Foundation APPROVED BY:

________________________________________ Zheena E. Ocampo Regional President Systems Plus College Foundation

________________________________________ Emil Julius T. David Regional Vice President for Non Academics Holy Angel University

Implementing Rules and Regulations Inspire a JPIAN National Federation of Junior Philippine Institute of Accountants Region III Council

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NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS

THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 2014 R3: Reaching Greater Heights Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit

REGION III COUNCIL

________________________________________ Leila Victoria R. Antonio Regional Vice President for Finance Wesleyan University Philippines

________________________________________ Enrico C. Rivera Regional Vice President for Membership Tarlac State University

________________________________________ John Kendrick H. Pajarin Regional Vice President for Audit Colegio de San Juan de Letran Bataan

________________________________________ Adrianne B. Harve Regional Vice President for Communications University of the Assumption

________________________________________ Jane T. Villanueva Regional Vice President for Media Wesleyan University Philippines

________________________________________ Roy James S. Enrile Regional Secretary General Baliuag University

Implementing Rules and Regulations Inspire a JPIAN National Federation of Junior Philippine Institute of Accountants Region III Council

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