With the demand of the accountancy profession and the increasing number of CPAs in the country, there is a need to understand fully the whole structure and the functions of individual member in the Board of Accountancy.
PICPA is responsible for its members' compliance with ethical requirements. It has adopted the IFAC Code of Ethics. In support of the aims and purposes of the Board Accountancy, every CPA is mandated to follow the professional code of ethics which establishes the fundamental principles of professional ethics for accountants and which also provides a conceptual framework and guidance for applying those principles.