Constantly enabling better professionals

LAST June, the World Bank released its Report on the Observance of Standards and Codes on Accounting and Auditing.

In its executive summary, the report mentioned that the Philippine government was looking to set policies “that promote equitable tax reform, enhanced market competition, and improvements in the ease of doing business in the context of a sustainable buildup of public infrastructure investment and increased spending on social services.”

The assessment of the World Bank would help “support the pace of reform. “The report also recognized the maturity of accounting and auditing in the Philippines: “

National accounting and auditing standards are substantially equivalent to international principles, and many elements of international good practice are in

It further found the profession in the Philippines to be “welldeveloped” and its practitioners demonstrating “a considerable degree of technical expertise, sophisticated use of technology, and awareness of current issues and trends.”

It also said that the country has “a compressive accounting and auditing framework, established

standards, and mature institutions.”

The Philippines is focused on improving the quality of its professionals in accounting and auditing, effective this coming school year.

The Commission on Higher Education, recognizing the new needs of the profession, is overhauling its related curricula. In the coming school year, it will introduce the following course offerings: a revised Bachelor of Science (BS) in Accountancy, BS in Accounting Information Systems, BS in Internal Audit, and BS in Management Accounting.

Commitment

The constant commitment to improving the Filipino accounting and auditing professional, is exem- the country. Its strategy for growth: People First.

The company describes itself as a group of Filipino professionals who provides Due Diligence, Tax, Advisory and Audit services. With age-old corporate values as in the fundamentals of its practice and adheres to the high standards of excellence and professionalism. It is also responsive to the dynamics of Philippine business.

Founded in May 7, 2010 by a group of established CPAs and lawyers with centuries-worth of experience and expertise in provid-

has been determined to become the most trusted and preferred provider of best value solutions network. Every member of the practices in its own right.

- rate legal entity of any description in any jurisdiction. It is the sixth largest global provider of audit and accounting services.

From 20 professionals that formed now grown into a team of more than 750, composed of honor students and CPA and Bar topnotchers.

After just seven years of operation, the company has already made a mark in the industry having been engaged by more than 2,000 in over a thousand professional services engagements.

in all industries, both public and private, including general manufacturing, semiconductors, telecommunications, power generation, real estate, mining, transportation, utilities, media and entertainment, hotels, services, healthcare, and shipping, including those companies registered in special economic zones or the Board of Investments (BoI).

It has also received accreditation from the Board of Accountancy, Securities and Exchange Commission (Category A), Bangko Sentral ng Pilipinas, Insurance Commission, Cooperative Development Authority, Energy