Promulgating Policies
CERTS Open Olympiad
CPALE Edition
in partnership with
1.1 These rules and procedures relate to the CERTS OPEN OLYMPIAD – CPALE EDITION, herein referred as “OPEN OLYMPIAD” or “OLYMPIAD”, for brevity.
1.2 The OLYMPIAD is scheduled in every 4th week of August and September of each year, unless otherwise changed by the CERTS Executive Board.
1.3 The OLYMPIAD covers all the 6 CPALE courses (or subjects) with the following number of multiple-choice questions to be given in each course for the August 2022 schedule:
No.
Courses
No. of MCQs
Date
Time
1
Financial Accounting and Reporting
80
September 24, 2022
7:00PM-10:00PM
2
Advanced Financial Accounting and Reporting
80
September 25, 2022
7:00PM-10:00PM
3
Auditing
80
September 26, 2022
7:00PM-10:00PM
4
Management Services
80
September 27, 2022
7:00PM-10:00PM
5
Taxation
80
September 28, 2022
7:00PM-10:00PM
6
Regulatory Framework for Business Transactions
120
September 29, 2022
7:00PM-10:00PM
1.4 The MCQs include both the concepts and applications of the lessons covered in each course (or subject) as promulgated by the Board of Accountancy.
1.5 The OLYMPIAD will promptly start and all participants must have been already logged in at 15 minutes before the scheduled exam.
2.1 All BSA graduates, graduating students, and CPALE reviewees residing locally or abroad, are enjoined to participate in this OLYMPIAD.
2.2 Certified Public Accountants may join the Olympiad but are not entitled in the prizes as mentioned in paragraphs “5.1”, “5.3.2”, “5.3.3”, and “5.4.1”.
3.1 Register by clicking the “Register Now” button above or using the following link: http://rewards.certs-educonline.com/rewards/certs-open-olympiad-cpale-edition
3.2 The OLYMPIAD will be taken using the CERS Professional Assessment System (CPAS). It is a browser-based systems and is optimally accessed using chrome, firefox, brave, and zafari.
3.3 Enter “https://cpas.certs-educonline.com” in the URL or address bar to reach the log in page. Enter the designated email address and passcode you used in the registration form.
3.4 Our assessment system runs on android-powered smart phone, laptop or desktop in the windows 10 and 11 environment, MacOS, iphone, and ipad.
3.5 The deadline of registration is on September 22, 2022, 11:59PM.
4.1 The registration fee is One Hundred Pesos (PhP 100.00) regardless of the number of course(2) to be taken.
4.2 All fees derived from the registration shall be awarded to the winners in each course and to the overall winner for the entire OLYMPIAD.
4.3 To pay:
4.3.1 Banks
a) BPI
Account No :
3190 0037 51
Account Name : Franklin Agamata
b) BDO
Account No : 017 3042 7381
Account Name : Andrew T. Chag-usen
c) Gcash
Account No. : 0917 3123727
Account Name : Andrew T. Chag-usen
*note: if over the counter (i.e. 7-eleven kiosk, Palawan to Gcash), ADD 3% for the service charges*
e) Other Money transfer service providers such as Palawan Express, Cebuana Lhuillier, Money Padala, etc.,
Payee : ANDREW T. CHAG-USEN
Contact no.: 0917 3123727
11.5 The OLYMPIAD fee is non-refundable.
11.6 Send a copy of your deposit slip (with complete name, contact no., email address) to the facebook page: certs educational services.
5.1 Monetary Prizes
5.1.1 ALL net registration fees derived therefrom shall be awarded to the TOP SCORERS in each field of competency and in the overall results.
5.1.2 Net registration fees refer to the total proceeds from registration less ten percent for the system and administration costs.
5.1.3 The Top Scorers are those whose raw scores belong to the TOP TEN PERCENTAGE of the Olympiad results.
5.1.4 Fifty percent (50%) of the combined net registration fees PER COURSE is the prize of the Top Scorers in EACH course.
5.1.5 Fifty percent (50%) of the combined net registration fees is the prize for the Top Scorers in the OVERALL results.
5.1.6 You can view the updated POT PRIZE until the date of the OLYMPIAD thru the registration link as provided in paragraph “2.2
5.2 Certificate of Recognition
5.2.1 A certificate entitled “Recognition of Excellence in Competency” will be awarded by the Asia Pacific Professional Association (APPA) to those who obtained eighty percent (80%) and above raw score percentage in each of the six CPALE courses.
5.3 Auxiliary Scholarships
5.3.1 All reviewees and students who obtained sixty five percent (65%) raw score percentage in any of the six CPALE courses will be entitled to a free associate membership fee in the Asia Pacific Professional Association (APPA) for two years. (www.appamembership.org).
5.3.2 Participants who received monetary prizes as mentioned in paragraph “5.1” and those who received the certificate of recognition from APPA as stated in paragraph “5.2” will be given FREE ADMISSION to the CERTS Online CPALE Review program within one (1) year from the date of grant.
5.3.3 Participants who choose to enroll in the CERTS Online CPALE Program will be entitled for a fifty (50%) scholarship within one (1) year from the date of grant.
6.4 And more . . . all participants will have the:
6.4.1 Chance to snap the “Winners Take All” prizes.
6.4.2 Chance to simulate the CPALE arrangement and mirroring of questions.
6.4.3 Chance to assess the level of preparation for the CPALE vis a vis the other participants
6.1 The results of the OLYMPIAD are immediately shown in the CPAS Results Page after clicking the “Finish” button. You may view the results by returning to the assessment first page, go to the assessment, and click button “Responses”.
6.2 The OLYMPIAD Results will be published within the week after the date of the said event through the following:
Websites : https://certsedu.tech
https://appamembership.org
FB pages : certs educational services
appamembership21@gmail.com
6.3 Each course will have equal points in computing the Overall Top 1 CPALE Reviewee’s rating.
7.1 You are advised to check the functionality of your access by testing to answer the demo assessment given in the course room using the same registration link in paragraph “2.2”.
7.2 All examinees must be in the course room at least fifteen (15) minutes before the exam schedule.
7.3 Factors and circumstances not within the control of CERTS during the date and time of the OLYMPIAD exam proper are not bases to reconsider the rating of an examinee such as, but not exclusive to, fortuitous events, slow internet connection, problem with the examinee’s device, brownouts, electronic devices and other mechanical issues, as well as health, psychological, and related issues.
7.4 The decision of the CERTS Academic Board is final with respect to this OPEN OLYMPIAD results.
8.1 The enrollment period for the May 2023 CPALE Batch starts on September 30, 2022 until October 15, 2022.
8.2 The access period shall be from October 1, 2022 to May 22, 2023.
8.3 For other details regarding the CERTS Online CPALE Review Program, kindly visit our website: https://certsedu.tech.