As Certified Public Accountants, we shall always remember that we do not live for ourselves and our family alone. We are part of society to which we owe definite responsibilities. Therefore, we shall always uphold the public interest over and above personal interest.

In the performance of our profession, we shall maintain objectivity and shall make decisions and actions solely based on merit. We shall remain open and transparent about all the decisions and actions that we take. We should give reasons for our decisions and restrict information only when the wider public interest clearly demands it.


We shall bear the unassailable stamp of integrity. We shall do our utmost to abide by the provisions of the Code of Professional Ethics for Certified Public Accountants. We shall, at all times, practice the highest standards of good morals in order to effectively discharge our function as professionals. We shall, likewise, practice integrity and honesty, in order to preserve and protect the interest and the good name of the profession. We shall value our honor as we value our life. We shall, therefore, denounce all forms of nefarious activities that impinge upon the integrity of the profession. We shall fully assume responsibility for the decisions and actions we take in the course of our practice, and live up to the consequences that flow from them including submitting ourselves to whatever public scrutiny is appropriate to our work. We shall never discriminate against anyone and extend service to every citizen in need of our services, specially the underprivileged. We shall be just, charitable and courteous but dignified in our dealing with the public.


We shall strive to attain the highest level of efficiency, effectiveness, and economy in our service. We shall commit ourselves to the highest degree of professional competence, both in the technical and ethical sense, through empowerment and continuing self-development. We shall commit ourselves to change, reform and innovation, where needed, in order to continually enhance the quality of service. We shall continuously update ourselves on new frontiers of professionalism and respond to developments affecting the profession.


We exist to serve primarily the clients and the public. We shall accord them the dignity and comfort that they deserve. We must adhere to a focused, efficient and committed service to the public. Service must be a measure of our professionalism, and we shall, therefore, always extend prompt, courteous and quality service to the public.

We shall also attend to others who may want to avail of our services and we must, at all times, act promptly and expeditiously on the publics’ needs for service.


We shall develop positive work ethic, always loving our calling and working cheerfully, thoroughly and well. Striving to be efficient at all times, we shall not leave for tomorrow what we can do today. Corollary to this, we shall always bear in mind that we have a job to perform and as such is duty bound to perform well. We shall discharge our duties and responsibilities with honesty and dedication to our individual work, no matter how humble and lowly the task may be.


We shall work in unison and collectively always mindful that in cooperation, there is strength, and in disunity, there is weakness. We shall, therefore, work towards the development of a culture of unity, cooperation and empowerment. We shall at all times respect the rights of our employees and peers, reaching out the hand of friendship to one another and endeavor to promote an atmosphere of good feeling, ample confidence, mutual respect and cooperation.


We shall contribute to the welfare of society and promote social justice. In so doing, we must imbibe the professional’s vital role and significance to the accountancy practice, the government and the society as a whole. We shall assume responsibility for each and everyone’s role in sustaining and uplifting the standards of competence of the Filipino Certified Public Accountants. We shall at all times be mindful of the consequences on society of any of our acts and shall refrain from doing acts contrary to law, good morals, good customs, public policy, public order, public safety and public interest. We shall perform our tasks with utmost consideration of the consequences it may incur on public interest and welfare.


We shall, at all times, be loyal and dedicated to the national interest. We shall be ready at times to sacrifice for the country. We shall respect the Constitution which is the expression of the sovereign will. We shall, at all times, push for the protection and promotion of Filipino Certified Public Accountants to guaranty their competitive edge in the global arena. We shall also use and develop local resources and conserve them for posterity.

Signed and adopted this 14th day of June, 2012.

Greg V. Aquino, CPA


  • Greg Aquino

    Greg V. Aquino is a Certified Public Accountant engaged in Public Practice since the year 2010. He is the managing partner of Clemente Aquino & Co., CPAs since the year 2013. Sector experience includes food & franchise company; real estate; distributorship; gasoline dealership; PEZA companies; BPOs; and non-profit organizations. He can handle individual tax planning; corporate tax planning; estate planning; transfers of real and personal properties; setup of a corporation, partnership, one-person corporation, and sole proprietorships; local government taxation; corporate housekeeping; resident agent services; corporate secretariat; fs preparation or compilation; fs reconstruction; fs audit; internal audit; and others.

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