FREQUENTLY ASKED QUESTIONS

Last Update: May 11, 2020, 9:24 am

We are offering May 2020 CPALE Review pre-recorded lectures updated for October 2020 CPALE. If ever there shall be new releases of rules, laws, and standards, our respective reviewers shall update all our contents.

1. How much to pay? Is there an installment scheme?
2. How to pay?
3. How to place an order?
4. If I am availing only of one (1) review period/session, can I still get handouts for the currently being uploaded May 2020 CPALE review?
5. When is the start of class?
6. What if I was absent in a certain class?
7. Will it be possible if this will be used in multiple devices? I mean, when I'm at home, I can use my laptop, or phone if I'm away?
8. Is your schedule for Online Review the same as that of the Face-to-Face Review? May and October?
9. Do you offer online review program per subject for May 2020 CPALE?
10. What if I missed a class in face-to-face CPA review? May I have access to the videos since I am enrolled?
11. I’m planning to take the CPA board exams in May 2020 but at the same time I already have a job. Can I enroll in the online review classes without having to enroll the actual face-to-face classes?
12. If I enroll today, the only topics uploaded were for the May 2020 classes. Will these be valid for October 2020 CPALE?
13. Can I download the PDF file for review purposes?
14. How much are the handouts for full review?
15. Is there a discount for JPIAns?
16. I want to pay for the Online CPA review. What are the bank details where I can deposit?
17. Do you have scholarship programs?
18. When shall the Review for October 2020 CPALE start?
1. How much to pay? Is there an installment scheme?

Effective July 1, 2020:

LCRC Online Review shall increase its tuition fee to P10,800


Prevailing tuition fee/s up to June 30, 2020:

Conditions:

A. These fees are subject to change depending on the management. It may also be subjected to 12% VAT once the threshold is met. The fees shown here/below are valid until communicated to you or until we have updated in our system. Once deposit has been made based on the most recent conversation usually as fresh as within 24 hours, then, those fees so deposited are considered part of the contract, and we shall be bounded by the same.

B.  The Extension of Access from 6 to 12 months, is valid only until 1,000 subscribers are met, or when it is Nov. 30, 2020, whichever is earlier.  We bring back the access to up to 6 months from the time of official enrollment or payment of fees, whichever comes later.

Quick Summary:

  1. for graduates P6,000; for under P3,000; inclusive of videos handouts and test banks. we do not print handouts anymore, kindly print at your own end
  2. P1,000 if per subject purchased

Detailed Answer:

The whole CPA board has 6 subjects: FAR, AFAR, AUD (Theory & Problems), MAS, RFBT, and TAX.

Complete Online Review Package:

FAR  ₱  1,000.00
AFAR  ₱  1,000.00
Aud Theo (1/2)  ₱     500.00
Aud Prob (1/2)  ₱     500.00
MAS  ₱  1,000.00
RFBT  ₱  1,000.00
TAX  ₱  1,000.00
Test Banks FREE
Extra Exercises        FREE
Total for Full Review Package  ₱  6,000.00

All courses/subjects are now uploaded and accessible since October 5, 2019. We shall upload videos for May 2020 CPALE as classes happen. Upload will be a week or two after.


We do not have a installment scheme. We suggest you purchase first 2 or 3 subjects for 12 months access. By say 3 to 4 months, you may be done with the 1st batch. Then purchase more or 1, depending on your budget. That may appear like on installments. But, in June 30, 2020 our policy might change to 6 months access. So, best to purchase the rest before June 30, 2020 to have 12 months access from the time of payment/access given.

2. How to pay?

Answer: We have updated our payment gateways to include PayPal and Manual Payment Process which is via direct deposit to our bank account/s. These are the only schemes yet available as of this writing. Maybe we can include GCash or Mastercard in the near future.

For Online CPA Review, please deposit to the following bank account.

Bank of the Philippine Islands (BPI)
Branch: BPI Calamba Halang
Account Name: MM and Co. Continuing Professional Devt and Training Center Inc.
Account Number: 8631-0012-04
Swift code: BOPIPHMM

During ECQ, instead of depositing to our MMCO CPDTC (LCRC) Review Center BPI account if physically not possible, you may either:
1. Pay via GCash (since banks are closed)… GCash number 09178150419. Or
2. Pay via PayPal to our affiliate CPA Firm (MM&Co). The managing partner is the president of LCRC CPA review. Pls find below:
Paypal account of mmco
Merchant ID account GDM6P672YY4FL
Once we received the funds, we give access ASAP/within 48 hrs. Pls email us or text us your full name and eadd for the registration. Send via email proof of payment and full name to: lcrc.mmco.elearning@gmail.com .
Basically, almost all your questions, if any, can be answered by accessing the FAQs link: https://mmco.com.ph/elearning/faq/
But, you are free to email us at lcrc.mmco.elearning@gmail.com or call us/Cath Buban at 09176263149 or 09176239640. Thank you.
4. If I am availing only of one (1) review period/session, can I still get handouts for the currently being uploaded May 2020 CPALE review?

Answer: You can avail of (one) 1 review session/period in terms of handouts; but, since 2 periods in 2019 are available (combined already); and the review period for May 2020 CPALE is being uploaded regularly, you can take a look at those videos as well. Only the handouts for May 2020 CPALE review is not yet available because reviewers prepare the same only about 1 to 2 weeks before they lecture. All test exams will be uploaded soon as well. We have been encoding many review materials with answers (for problems, some with solutions) to be made available to our patrons/customers.

5. When is the start of class?

Answer: The start of the Face-to-Face (F2F) CPA Review for May 2020 CPALE is  on Oct. 26, 2019. If you are asking about the Online CPA Review, we upload/update the videos and handouts based also on May and October start-and-end of the usual F2F reviews. But, in reality, any student/reviewee can register anytime even in the middle of the review period e.g. July, he/she will still be given 6 mos. access upon payment [give us 48 hours to provide access, holidays and Sundays not counted]. We shall load 2.5 review periods moving forward. Thus, if for example, you availed in July, your access will expire in Dec/(Jan), the review batch you started to access will still be available for you until end of 6 mos.  We will not delete nor replace those videos & handouts until end of our 6 mos contract.  We shall just load new videos & handouts as classes happen (1 to 2 weeks after the actual class/es). Meaning, approximately a total of 12-15 months review (2.5 batches) will stay in our site at anytime. You shall be secure with your enrolled subjects to complete your 6 mos access.

Illustration:
If you paid in July, you shall take the May to Oct batch, while we load Oct to May next batch, because,  if you shall take the Oct to May batch, we haven’t loaded the Oct onwards in July when you enrolled/paid.But, when you start accessing in July the May to Oct. batch, we shall not delete such batch videos & handouts  even when loading for Oct to May (next) batch is done.  The fact that your access will expire in Nov/(Dec), you shall be able to access during your alloted period based on contract.

If you want to extend access for May to Oct batch for a fee of 50% of original fee you paid, we can do that only until all videos for the next next batch (meaning 3rd batch) have been 50% uploaded/updated.

6. What if I was absent in a certain class?

Answer: This is not a Live Class set up where you have to access from a time and end like a usual class.  What we did is film the recent lectures, so we are daily/weekly uploading them as the size is huge which takes a month for the whole 6 months review.  Thus, in your own pacing, you can take it with handouts and pre-boards with the videos. The access expires after 6 months. We shall give you 1 month extented period as we are yet to upload all the videos.  For now, you may start with everything available in the website. Click: https://mmco.com.ph/elearning/

7. Will it be possible if this will be used in multiple devices? I mean, when I'm at home, I can use my laptop, or phone if I'm away?

Answer:  Yes it is possible but, one device at a time using your user ID and password.

8. Is your schedule for Online Review the same as that of the Face-to-Face Review? May and October?

Answer:  You may avail of the Online review anytime of the year. Your access shall expire automatically after 6 months from start of access. We can give 1 more month access extension upon request. To us, it is better to take the Online CPA Review Course “same time” when the regular face-to-face review classes are conducted from May to October and October to May. Please note that this is not a “live CPA review”. We have recorded fully the videos of the recent CPA Review conducted in our center. No requirement to start the access and end on an agreed time with the reviewers. Thus, you may take the review based on your own pacing. You may rewind and forward the videos as you see fit.

10. What if I missed a class in face-to-face CPA review? May I have access to the videos since I am enrolled?

Answer: This course is Online [not Face-to-Face] CPA Review. However, given that we also have a F2F CPA Review, once you are enrolled with us and missed classes, you are entitled to access a maximum of 2 days worth of lectures. We shall give you a 5-day access for each day that you were absent.

Please send your access request to lcrc.mmco.elearning@gmail.com. Access shall be given within 48 hours (holidays and Sundays not counted).

12. If I enroll today, the only topics uploaded were for the May 2020 classes. Will these be valid for October 2020 CPALE?

Answer: If there shall be new standards, laws and rules to be released in June 2020 up to September 2020, we shall, as respective reviewers, to conduct new lectures and send out new handouts to update our content.

13. Can I download the PDF file for review purposes?

Answer: Yes, handouts are downloadable

14. How much are the handouts for full review?

Answer: They are downloadable, handouts are no longer available for print

15. Is there a discount for JPIAns?

The Answers for No. 15 Q are strictly FOR CURRENT STUDENTS [JPIANs] enrolled from 2019 up to May 2020

Answer: P500 discounted rate offered only to JPIAns (undergraduates).
Requirements: Proof of current enrollment e.g. registration/enrollment card (or equivalent) stamped “Enrolled”, under BS Accountancy program plus valid school ID (back to back) scanned and emailed to us together with proof of payment of our online review courses. 

Effective from Oct. 2, 2019 until further notice/superseded by another announcement by LCRC Management.

lcrc.mmco.elearning@gmail.com and attach the following:

  1. Deposit Slip – Amounting to Pxxxx.xx
  2. Enrollment Card/Registration Card stamped by your respective school with stamp date
  3. Student Identification Card (back to back).
  • Upon Receipt of this email, we shall give you access even when you paid half the tuition fee indicated. Please note that the fee for the handouts is P250/course and the courier is at P300, same cost as those for regular reviewees as these are mere reimbursements of costs.

If you availed of full review, then, the fee structure shall be as follows:

Complete Online Review Package

FAR  ₱     500.00
AFAR  ₱     500.00
AUD Theory (1/2)  ₱     250.00
Aud Problem (1/2)  ₱     250.00
MAS  ₱     500.00
RFBT  ₱     500.00
TAX  ₱     500.00
Test Banks          FREE
Extra Exercises          FREE
Total  ₱  3,000.00
16. I want to pay for the Online CPA review. What are the bank details where I can deposit?

Bank Details:

Bank of the Philippine Islands (BPI)
Branch: BPI Calamba Halang
Account Name: MM and Co. Continuing Professional Devt and Training Center Inc.
Account Number: 8631-0012-04
Swift code: BOPIPHMM

17. Do you have scholarship programs?

1.    FREE ONLINE CPA Review.

  • Deans Listers Latin Honors [2016-2020 graduates]
  • Conditional
  • Consistent Deans Listers [2nd yr. and up]
  • Students whose families earn <P250k per year. No limit in terms of number of who will avail. However, promo ends on Sept. 30, 2020, unless extended by management.

2.    Per TOPIC videos and handouts. You do not need to go through the whole day 8 hours per session in order to locate the SPECIFIC TOPIC you want to listen to/attend to.
E.g. If you want to review about “TAX-FREE Exchange: Merger or Consolidation”, go directly to the topic. Then, look for the related page in the handouts.

3.    Recent update: We are releasing very soon our Database/Test Banks on top of the review handouts. We promised to release this on or before May 4, 2020. But, we are confident to release this 1 to 2 weeks earlier.

Documentary Requirements for No. 1 update-FREE Access:
1. Graduates with Latin honors [2016 – 2020], or Consistent Dean’s Listers: a.) Valid and current/updated ID; if still a student, current student ID.
b.) Certificate from Dean/Registrar/JPIA Adviser’s office in school’s letterhead stating that he/she is a graduate with Latin Honor/or a Dean’s Lister.
2. Conditional: a.) we shall check your name/s in the PRC list vs your b.) valid & current ID
3. Students belonging to families w/ <P250k annual income: a.) Certificate from your Brgy. Captain and b.) valid & current student ID.

During Enhanced Community Quarantine, we can accommodate a simple email from your Dean/Registrar/JPIA Adviser in lieu of the certificate/s under the school’s letterhead. Pls send still your scanned I. Once lock down is lifted, those documents will still be required “to follow” for us to continue your 12 months access.

For any questions, pls contact us at:
Email: lcrc.mmco.elearning@gmail.com
Cellphone Numbers: 09176263149 or 09176239640

This free access promo ends on September 30, 2020 unless extended by management

18. When shall the Review for October 2020 CPALE start?
  • If online, there is no schedule that you have to strictly attend. Once you paid, we shall give you access for 12 mos as the 1,000 subscribers is not yet met or Nov.30, 2020, whichever is earlier, then, we go back to 6 months access.
  • For the face to face review for Oct. 2020 CPALE, we it will usually start on May 2020. Once the classes start, we shall regularly upload the videos for those classes aside from the FB Livecasting. That is another project we are contemplating on right now. Such will also be available by that time or even earlier.
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