Passing the CPA Board Exam, Dennis T. Gutierrez of DFCAMCLP
My Dream to Become a CPA
As a child, I had dreams of finishing college and become a Certified Public Accountant or a CPA. But, it was then highly improbable, as my family was not rich. I was the fourth child of five siblings who were from Nueva Ecija. My parents worked in Manila, and left us in the care of our grandparents in the province.
My mom died when I was seven, from a freak motorcycle accident, while on her way to the public market. To our chagrin, dad remarried even before the year was up, after our mother's death. We, my siblings and I, did not get along well with our stepmother, that resulted to horrible fights around the house. An aunt from my mother’s side, took pity on us and got me and my youngest sister to live with them in Manila. I practically grew up with them and stayed there until I finished college, a few years later.
I have always been diligent in my studies even in grade school. I got good grades in school despite of my difficult situation at home. After graduation from high school, a cousin who worked at the Las Pinas City Hall, managed to get me a temporary employment at the legal office. I became the all around office runner, doing menial jobs for the attorneys that summer.
I did the recopying, cleaning, filing and other janitorial jobs for the group. When school started in June, I had no plans of entering college, since I did not have enough money for school expenses. The lawyers at the Legal Office took pity on me, and decided to keep me as a runner boy, even if I was in school. They took turns in giving me Five Hundred (P500) every week to help me with my expenses.Hence, every spare time that I had, were spent in the Legal Office – working, since I needed the money to support myself.
Dr. Filemon C. Aguilar Memorial College, Las Pinas City (DFCAMCLP)
I was fortunate to have been accepted by the local City College of DFCAMCLP, upon graduation from high school. The college is known for its tough accountancy program, and being accepted was one lucky break for me. I have always been fond of math while still a kid and it would be a natural thing for me to take a math centered course, as my major field of study.
The study of Accountancy was tough, partly due to my being a working student. I became adept in time management, of balancing work and school. I might not be one of the top ranking students, but I managed to get good grades all throughout college. The Legal Group was amazed at how I was able to do it, when I was practically working all the time. I believed, it was the keen interest in finishing my course and of my intense desire to be successful, that did it.
I knew then, that many people who helped me. may not give me a second chance if I fail in school. Failing would jeopardize my chances of having a better life: hence, I need to study well as if my life depended on it.
The CPA Review Center of the Philippines is found in Cayco Street, Sampaloc, Metro Manila.
The Review at the Certified Public Accountants Review Center (CPAR)
I knew at the start, that the review would involve lots of money. So, while working, I learned to save a few pesos every pay day, in preparation for the review. I was fortunate, that Sir Conrado Valix of CPAR, gave DFCAMCLP reviewers a forty percent (40%) discount on review fees. That took some load off my shoulders that I decided to do an all-out review. I had barely six months to concentrate and prepare for the CPA Board --- and I jumped head-on to give it my best shot.
With some of my classmates, we agreed to pool our resources together and rented a place near the review center. At that time, I shunned all possible distractions – cell phones, social networking and good time sessions with friends --- to concentrate on the review. We had our classes in the afternoon, and I studied up to around midnight religiously, for six months.
The result of the pre-board exams showed that I was ready to take the actual CPA Board. My average grade was in the 80’s, which was way above the passing rate of 75%. I became confident then, that I may be able to make it.
Dennis Gutierrez, CPA
The Final Tally
With some classmates, we stood outside the Professional Regulations Commission Building (PRC) in Manila to wait for the results of the exam. Though I was confident that I will make it, I still had fears that I might fail. Finally, there was pandemonium outside the PRC Building and we saw the results pasted in the bulletin board. My name was on the list! I hugged some friends and cried tears of joy! I am now a full-fledged CPA!
Comments from the Author, Consolacion S. Miravite, CPA
I asked Dennis, why I do not remember him from way back in 2010, when I started teaching at DFCAMC. I was known to reprimand students who were noisy in the hallways. Their class was next to mine, and I remember accosting a number of his classmates, for being rowdy and noisy in the corridors, while I was holding classes. He told me, that he was always in the classroom - studying and minding his own business. There might be some truth to it, because I do not remember ever calling his attention, during those times.