First Filipino Accountant: Vicente F. Fabella

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Posted by geemiz | Posted in Trivias & Biographies | Posted on 08-10-2010

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“Educator, economist, civic leader and first Filipino certified public accountant”

Biography:
Name: Vicente F. Fabella
Birth Date: May 7, 1981
Birth Place: Pagsanjan, Laguna
Parents: Juan Fabella (Former mayor of Pagsanjan) and Damiana Fernandez
Number of Siblings: six
Spouse: Carmen de Jesus
Children: Sor Maria del Carmen, armand and Virginia

Schools Attended:
University of the Philippines 1912 – Bachelor of Philosophy (undergraduate)
University of Chicago – Bachelor of Philosophy
Northwestern University 1915 – Bachelor in Commerce

Affiliations:
1915 – Certified Public Accountant at the state of Wisconsin
1916 – Educator at University of the Philippines in accounting and auditing
1916 – Opened own Accounting Firm “Vicente Fabella and Company”
1919 – Instrumental in founding the Far Eastern College (now Jose Rizal University) of Accountants, Commerce and Finance
1919 – President Far Eastern College
1920 – His office is the basis of ACT 3105 the CPA Law of the Philippines
1932 – Founding member of the Philippine Association of Colleges and universities (PACU)
1933 – He is the Philippine delegate to the 4th International Congress on Accounting in London
1937 – Helped established the National Collegiate Athletic Association (NCAA) and ROTC
1955 – Joined the Central Bank survey Commission, was asked by Pres. Ramon Magsaysay

Vicente F. Fabella is a member of the Delta Mu delta a society of Northwestern University and also a member of the American Association of University Instructors in Accounting. He was also credited for having elevated public accountancy to the status of profession and the training of CPA as his lasting contribution in building the nation.

Meet geemiz


Geezelle Maningo - A Cebu based travel blogger and the other half of GeeMiz Travel blog. She has been traveling around the Philippines and Asia since 2010 with her husband. A casual trekker/hiker since 2017 and has been blogging since 2008. A digital marketer during workdays and a bookworm on lazy days - she co-founded Cebu Book Club.

Comments (6)

wow! idol……… sana mging CPA din aq someday……….

Hi Humfrey,

Endurance and determination plus study and study, for sure you will be a CPA too.. 🙂

MAm what is your area?

ngkarumble ata year of birth..1891

Founder of my alma mater, Jose Rizal University 😀

Being a CPA is facing a challenge in the current period. Generally accepted accounting standards globally are becoming integrated. This significantly affects each country's generally accepted accounting and auditing standards. Generally accepted accounting standards in certain specialized industries are getting more complex. A CPA needs to be well rounded in all areas such as financial reporting, internal auditing, external auditing, accounting, taxation, and business planning. I cannot possibly be an expert in all these fields but I am proud to be a filipino CPA. I hope we can encourage younger people to be CPAs like ourselves to carry on the profession.

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