ABOUT

HISTORY (Kasaysayan)

The College of Accountancy and Finance is one of the PUP’s foremost colleges. It boasts of having produced topnotchers in the CPA Licensure Examination and accounting graduates who hold prestigious and prominent positions in various companies- private and public alike, all over the country and abroad. CAF has one of the highest enrollment among this University's colleges, institutes, and schools, posting approximately 3,500 enrollees in all the programs.

It is as old as the institution, for it can be traced to the technical/vocational course in bookkeeping which Manila Business School (MBS), PUP’s initial stage, had offered since its foundation in 1904.

In 1908, when the MBS was made into an insular (national) school and accordingly renamed the Philippine School of Commerce (PSC), accounting was offered as a two-year technical/vocational course.

In 1951, the PSC received from the Philippine Educational System a plaque of distinction for “bold and successful pioneering in vocational/business education,” at which time, the school started to offer accounting as a two-year basic curriculum.

In June 1952, the PSC granted college status, per Republic Act no. 778, and renamed the Philippine College of Commerce (PCC). In the school year 1960-1961, the PCC, through its Department of Office Education (DOE), initially offered the four-year Bachelor of Science in Commerce major in Accounting in the Night School. Its first batch of graduates were in 1961-1962.   

In the school year 1962-1963, PCC started to offer the BSC-Accounting program to enroll in the Day School. DOE became the Department of Accountancy and Law (DAL). In the school year 1973-1974, the DAL implemented the ladder-type curriculum in accounting with job targets in each year level.

When PCC was reorganized in 1977, the DAL was elevated to the status of an institute, which is the Institute of Accountancy and Law (IAL). In 1978, Presidential Decree No. 1341 converted the Philippine College of Commerce to the Polytechnic University of the Philippines (PUP). Many things happened the IAL later transformed into the Faculty of Accountancy and Law (FAL) and in the school year 1980-1981, an innovation in the program was adopted with the implementation of the Bachelor in Accountancy Programs: Ladder, Accelerated, and Combined.

 In 1984, the FAl was converted into the College of Accountancy and Law (CAL) with Dr. Victoria B. Baduria as its first Dean. In the school year 1990-1991, the college under the Deanship of Dr. Armando M. Garcia, implemented the Bachelor of Science in Accountancy (BSA) Curriculum to professionalize accountancy with the end view of giving an identity to the profession.

In June 2001, the University Board of Regents approved the establishment of the College of Law, and CAL  was renamed the College of Accountancy (CoA).

Dr. Emanuel C. De Guzman was appointed President of the Polytechnic University of the Philippines by the Commission on Higher Education following the provisions of Republic Act 8292 otherwise known as the Higher Education Modernization Act of 1997, and under Resolution No. 872, series of 2012 passed on March 14, 2012 by the PUP Board of Regents.

One of the highlights in 2012 when he assumed the presidency was the clustering of disciplines in the Colleges. The Department of Banking and Finance under the College of Economics, Finance and Politics became part of the College of Accountancy which was then renamed to the College of Accountancy and Finance (CAF) offering two programs, Bachelor of Science in Accountancy and Bachelor in Banking and Finance.

Currently, there are three undergraduate programs in the College of Accountancy and Finance namely: Bachelor of Science in Accountancy, Bachelor of Science in Management Accounting, and Bachelor of Science in Business Administration major in Financial Management.

ORGANIZATIONAL CHART