Who appoints the members of the Professional Regulatory Board of Accountancy in the Philippines?

The correct choice indicates that the President of the Philippines appoints the members of the Professional Regulatory Board of Accountancy. This board is responsible for the regulation and licensing of accountants in the country, as well as for setting standards for accounting practices. The ability of the President to appoint board members ensures that there is governmental oversight and accountability in the regulation of the profession, which is critical for maintaining public trust and ensuring that practitioners adhere to ethical and professional standards.

The appointment by the President also reflects a governance structure where executive power interfaces with regulatory bodies, allowing for alignment between national policies and professional standards. This ensures that the board operates under an established framework defined by law, specifically the Revised Corporation Code of the Philippines, which outlines the roles and responsibilities of the Professional Regulatory Boards.

Given this context, it emphasizes the significant role that the President has in shaping the accounting profession through key appointments that can influence regulatory decisions and effectiveness in the industry.