The BS Accountancy program of the UST-Alfredo M. Velayo College of Accountancy was granted Level III 1st Re-accreditation by the Philippine Association of Colleges and Universities Commission on Accreditation (PACUCOA).

In the accreditation report submitted by PACUCOA team chaired by Dr. Rosita L. Navarro in August 2020, the College reaped a 4.71 average score out of 5.00 in the General Criteria and 4.63 average score out of 5.00 in the Special Criteria.

In the General Criteria, the College received a perfect score in Criterion I Philosophy and Objectives and Criterion X Organization and Administration, and 4.90 score in Criterion II Faculty and Criterion VI Library. In other divisions, scores range from 4.79 to 4.25.

Meanwhile, in the Special Criteria, the College received 4.46 in Criterion I Reasonably High Standard of Instruction, 4.50 in Criterion II Highly Visible Community Outreach Program, 4.75 in Criterion III Creditable Performance of Graduates in the Licensure Examination, and 4.98 in Criterion IV Extensive and Functional Library and Other Learning Resource Facilities.

The College will enjoy its five-year 1st Re-accreditation until 2024. The BS Accountancy program joins nine other programs with Level III status, the penultimate rank in the PACUCOA accreditation.