Alfredo M. Velayo College of Accountancy

University of Santo Tomas
Alfredo M. Velayo College of Accountancy

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Former names	1933 – Department of Accountancy (School of Commerce) 1988 – College of Commerce and Accountancy
Established	2004
Dean	Assoc. Prof. Patricia M. Empleo, C.P.A., M.B.A., Ph.D.
Regent	Rev. Fr. Isaias D. Tiongco, OP
Students	3,638 (as of 2011)
Location	Alfredo M. Velayo Building, UST, Sampaloc, Manila
Patron saint	Saint Joseph
Colors	Red and Beige

The University of Santo Tomas Alfredo M. Velayo College of Accountancy, or "UST Accountancy", is the business school, specialized in Accountancy and Management Accounting, of the University of Santo Tomas, the oldest and the largest Catholic university in Manila, Philippines.

The university is one of the first accountancy schools in the Philippines. It is a consistent top performing accountancy school in the Philippine Certified Public Accountants (CPA) licensure examinations. The college is named after Alfredo M. Velayo, an alumnus of the university and the co-founder of the SyCip Gorres Velayo & Co..

Brief history

The University of Santo Tomas started offering the accountancy program in 1933 under the School of Commerce, which was eventually granted by the Bureau of Education to operate as the 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 404-year history of the oldest university in the Philippines.

Facilities

Located in front of the UST Hospital, a four-level structure designed by the Recio + Casas architectural firm stands. The college transferred to its new building on June 2006, wherein the first three levels consist of a multi-level carpark with operating commercial spaces in the first two levels.

The college occupies the fourth level of the building. It has thirty-one (31) classrooms, the Velayo-SyCip Multi-Purpose Hall - a three (3) multi-purpose halls with operable partitions that can accommodate a minimum of 300 persons, two (2) fully wired computer laboratories, the William J. Shaw Library, an I.T. Room, an administration office, a faculty room with conference room, guidance and SWDB offices, Student Organization Room, Student Council and Journal Offices, Prayer Room, and three (3) consultation offices.

The 2.64-hectare fourth level also includes four (4) courtyards, a viewdeck (facing the UST Main Building), an elevator, three (3) emergency exits, three (3) sets of washrooms, stockrooms, lobbies, and free wi-fi access.

Alumni

• Antonio Z. Atienza, Jr. (BSC Acctg. 1979) - Owner, Goldenas Jewelry, Inc.
• Washington SyCip (BSC Acctg. 1939) - Founder, Sycip, Gorres, Velayo & Co. and Asian Institute of Management
• Bethune Siot Tanquincen (BSC Acctg. 1993) - Professional Basketball Head Coach, Barako Bull Energy
• Alfredo M. Velayo (BSC Acctg. 1940) - Co-Founder, Sycip, Gorres, Velayo & Co.