ABOUT

The College of Accountancy and Finance now is one of the PUP’s foremost colleges. It boast of having produced topnotchers in the CPA Licensure Examination and accounting graduates who are holding prestigious and prominent positions in various companies (both for private and public), all over the country and over abroad. CAF has one of the highest enrollment among colleges, institutes and schools of this University, posting approximately 3,500 enrollees for all the programs being offered by the College.

It is as old as the institution, for it can be trace its roots 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 reamed Philippine School of Commerce (PSC), accounting was started to be 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, as per Republic Act no. 778, and renamed Philippine College of Commerce (PCC). It was in school year 1960-1961 that the PCC, through its Department of Office Education (DOE), initially offered the four-year program in Bachelor of Science in Commerce major in Accounting in the Night School. Its first batch of graduate were in 1961-1962.   

In school year 1962-1963, PCC started to offer the BSC-Accounting program to enroll on the Day School. DOE became the Department of Accountancy and Law (DAL). In 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, under the Presidential Decree No. 1341 converted the Philippine College of Commerce to Polytechnic University of the Philippines (PUP). Lot of things happened the IAL later transformed to Faculty of Accountancy and Law (FAL) and in 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 College of Accountancy and Law (CAL) with Dr. Victoria B. Baduria as its first Dean. In school year 1990-1991, the college under the Deanship of Dr. Armando M. Garcia, implemented the Bachelor of Science in Accountancy (BSA) Curriculum for the professionalization of 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 shall now be known as College of Accountancy (CoA).

Dr. Emanuel Castro De Guzman was appointed President of the Polytechnic University of the Philippines by the Commission on Higher Education in accordance with the provisions of Republic Act 8292 otherwise known as the Higher Education Modernization Act of 1997, and by virtue of 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 which was under the College of Economics, Finance and Politics became part of the College of Accountancy which was then renamed to College of Accountancy and Finance (CAF) offering two programs namely Bachelor of Science in Accountancy and Bachelor in Banking and Finance.

Currently, there under 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.