Brief History
The University of Santo Tomas started offering the accountancy program in 1933 under the School of Commerce, which was renamed as College of Commerce in 1935 under its first dean, Dr. Stanley Prescott. The degree was then known as Bachelor of Science in Commerce major in Accounting (BSC Acctg.).
To further enhance the passing rate of the university in the CPA licensure examination, Santo Tomas revised its curriculum from BSC Acctg. to Bachelor of Science in Accountancy (BSA). This objective was evidently achieved as the college received an Achievement Award on November 15, 2000 from the Professional Regulation Commission (PRC) for ranking first among colleges/universities with 100 or more examinees from 1996 to 2000.
It was only on November 10, 2004 that the Accountancy Department of the College of Commerce and Accountancy was separated and stood as a new college, upon the recommendation of and in coordination with the UST College of Commerce and Business Administration Alumni Foundation, Inc. (COCAFI). This event made the UST Alfredo M. Velayo College of Accountancy the first degree-granting unit of the University named after one of its renowned alumnus, an unprecedented event in the 394-year history of the oldest university in the Philippines.
The first dean of AMV is Dean Jose Ireneo.
Read more about this topic: University Of Santo Tomas Alfredo M. Velayo College Of Accountancy
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