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SGVeans bag ICMA gold and bronze medals

17 May 2022

Four SGVeans will receive gold and bronze medals from the Institute of Certified Management Accountants (ICMA) for their exemplary performance in the 2021 and 2022 CMA examinations. CMA topnotchers JM, Carlos, Trisha, and Kimberly Consulting Senior Associate Juan Miguel “JM” G. Mallare and Assurance Senior Associate Carlos Benedict F. Echevarria were among the highest scorers, earning gold medals, while Global Compliance & Reporting (GCR) Manager Trisha Claire Y. Cabanlit and Consulting Associate Kimberly Candice L. Lim were among the third highest scorers, earning bronze medals. The top scorers are determined during each testing window. Kimberly, Carlos, and Trisha took the exams in 2021 while JM took the exams in the first quarter of 2022. Congratulations to our new CMA topnotchers!

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JJB and TFM join Invest in Davao Online Roadshow to USA

17 May 2022

SGV Davao Partners Jose Raoul J. Balisalisa (JJB) and Thyrza F. Marbas (TFM) were speakers in the Invest in Davao Online Roadshow to USA held on 5 April 2022. They represented SGV in the virtual event which showcased available opportunities for American investors in Davao City. JJB and TFM with other speakers and guests during the Roadshow JJB presented the Doing Business in Davao brochure produced by SGV and the Davao City Investment Promotion Center (DCIPC), while TFM gave an overview of the corporate taxation and incentives for doing business in the Philippines and Davao. They also participated in a panel discussion with prominent businessmen and government officials. The event was organized by the City Government of Davao through the DCIPC, in partnership with the Department of Foreign Affairs (DFA) and the American Chamber of Commerce of the Philippines – Mindanao Chapter (AmCham Mindanao) to market the city and interact with various business entities across the United States.

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LLL speaks at FEU Academic Integrity Day

17 May 2022

SGV Tax Partner Hentje Leo L. Leaño (LLL) was one of the resource speakers during Far Eastern University’s (FEU) Academic Integrity Day Vodcast on 6 April 2022. More than 5,000 faculty and students attended the Vodcast via MS Teams and Facebook Live. LLL talks about academic integrity LLL provided professional service industry perspective on academic integrity and how practicing this value can aid in preparing students for work. He also emphasized the importance of selecting potential employers and career progression in organizations that value integrity. He was joined by other FEU representatives who shared their respective legal and academic insights. The Academic Integrity Day was organized by the University's Academic Integrity Committee and the Center for Learning Enrichment and Research for Students, in partnership with the Office of Graduate Studies, and in collaboration with the University’s Departments, FEU Learning Journey, FEU Student Development, FEU Alumni Relations Office, General Education Department, and Digital Content Creation and Development Department.

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SGV Senior Directors host PICPA WMMC tax webinars

17 May 2022

International Tax and Transaction Services (ITTS) Senior Director Ana Katrina C. De Jesus and Global Compliance & Reporting (GCR) Senior Directors Maria Michaela “Mycah” E. Ledesma-Oiga and Don Don T. Mojica conducted a series of tax webinars organized by the Philippine Institute of Certified Public Accountants (PICPA) Western Metro Manila Chapter (WMMC) from March to April 2022. PICPA WMMC speakers and participants Don Don hosted the March webinar on Common Tax Issues and Annual Income Tax Return Filing Reminders. The webinar coverage included filing administrative matters, deficiency tax assessments related to income tax, and possible defenses under the rules and common reconciliation procedures. For April, Ana and Mycah hosted the webinars on Transfer Pricing: Bureau of Internal Revenue (BIR) Requirement for Taxpayers with Related Party Transactions and Last-Minute Year-end Tax Filing Reminders, respectively. Ana lectured on transfer pricing and discussed relevant laws and BIR issuances. She also presented BIR Form No. 1709 and explained the form submission procedures on Related Party Transactions. Mycah shared reminders prior to the finalization of Income Tax Returns (ITRs) and Financial Statements for tax-related balances and disclosures. GCR Senior Associates Cheivy Z. Soliman and Mica Alyana C. Rivera and GCR Associates Aaron Joseph A. Sia, Lawrence Dave P. Empleo, Marineth Jane Cardona, and Dehlaila G. Remedios assisted in drafting the webinar materials.

News

CCaSS Manager Yna Antipala speaks at Ateneo Corporate Sustainability Conference 2022

17 May 2022

Climate Change and Sustainability Services (CCaSS) Manager Yna Altea D. Antipala was one of the guest speakers in the Ateneo Corporate Sustainability Conference (ACSC) 2022: Nexus. Over a hundred students from grades 9 to 11 nationwide participated in the interactive online event and Q&A session on 2 to 9 April 2022. Yna talks about corporate sustainability Yna was the speaker on “Sustainability is Your Business: Assessing Value Driven Sustainability in the Business Scene.” She talked about concrete sustainability goals for businesses, global sustainability efforts, and long-term value creation. She also served as one of the panelists in the event’s synchronous Q&A session. The ACSC 2022: Nexus was organized by the Ateneo Management Engineering Association to share its core advocacy of corporate sustainability with high school participants and empower a community of CS-oriented leaders through learning.

News

VCR featured in FINEX Females in Focus

29 April 2022

SGV Vice Chair and Deputy Managing Partner Maria Vivian C. Ruiz (VCR) was one of the inspiring female finance leaders featured in the March 2022 Women’s Month issue of FINEX Focus, the official newsletter of the Financial Executives Institute of the Philippines (FINEX). VCR in FINEX Focus As SGV’s Vice Chair and Deputy Managing Partner, VCR supports the Chairman and Country Managing Partner in overseeing SGV’s overall strategic direction and business growth. As EY Asean Assurance leader, she plays an integral role in the Region by driving Assurance initiatives on sustainable audit quality and efficiency, digital tools adoption and innovation, and service delivery model transformation. VCR also represents the Firm in the Philippine Business Coalition for Women Empowerment (PBCWE). She is a leader committed to providing a nurturing environment where people can develop and achieve their potential to the fullest.

News

SGV Partners and Senior Director Meynard Sardalla join PICPA FINMA Program

29 April 2022

Financial Management for Non-Accountants (FINMA) Organizing Committee Team Leader Sonia D. Segovia (SDS) and Member Meynard L. Sardalla, Philippine Institute of Certified Public Accountants (PICPA) President Marydith C. Miguel (MCM), PICPA Western Metro Manila Chapter (WMMC) President Meynard A. Bonoen (MAB) and Non-Government Organization (NGO) Relations Committee Co-chair Aileen L. Saringan (ALS) participated in the FINMA Program held on 24 to 25 March 2022. SDS, MCM, MAB, and Senior Director Meynard SDS gave the opening remarks while MCM shared a message with the participants on the first day of the event. MAB formally opened the program on the second day. ALS also attended the webinar, which was hosted by Senior Director Meynard. The two-day online training focused on Introduction to Financial Management, Breakeven Point Analysis, and Financial Statement Analysis (Day 1) and Working Capital Management and Short-Term Budgeting (Day 2) for Trade and Industry-assisted clients, particularly business owners, bookkeepers, and OFWs. These topics were discussed by resource speakers from Jose Rizal University (JRU) and the Technological Institute of the Philippines (TIP). The FINMA Program is jointly organized by PICPA under the Government Relations Committee, PICPA WMMC, the Department of Trade and Industry (DTI) Negosyo Center, JRU, and TIP. It is participated in mainly by business owners and bookkeepers of micro, small, and medium-sized enterprises (MSMEs) nationwide.

News

MAA and LLL speak at CILA tax briefing and townhall meeting

29 April 2022

SGV Clark Tax Partners Atty. Margaux A. Advincula (MAA) and Hentje Leo L. Leaño (LLL) were resource speakers in a briefing on Revenue Memorandum Circular (RMC) No. 24-2022 and a townhall meeting organized by the Clark Investors and Locators Association (CILA). More than 190 CILA members, officers, and locators attended the event on 18 March 2022. CILA tax briefing and townhall event poster LLL kicked off the discussion proper by sharing the timeline of relevant Value-Added Tax (VAT) issuances for Registered Business Enterprises (RBEs). He also discussed the impact of the VAT provisions in the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law, its effectivity dates, and transitory provisions. MAA shared her insights on the documentary and registration requirements relevant for RBEs. SGV Clark Partner Jose Pepito E. Zabat (JEZ) also attended the event. LLL and MAA during the Q&A forum Clarktel Relationship Manager Ms. Angela Alcones hosted the event while CILA Chairman Dr. Francisco “Frankie” Villanueva, Jr. gave the opening remarks and concluded the meeting with a question-and-answer forum. The Q&A forum was moderated by Dr. Frankie, Clark Development Corporation (CDC) Vice President for Business Development and Enhancement Ms. Rynah Ventura, and the speakers.

News

ACE and Senior Director Auresana Torres speak at ACPAPP Tax webinar and general membership meeting

29 April 2022

SGV Global Compliance & Reporting (GCR) Partner Aaron C. Escartin (ACE) and International Tax and Transaction Services (ITTS) Senior Director Auresana B. Ines-Torres were resource speakers in the Association of Certified Public Accountants in Public Practice (ACPAPP) Tax Webinar and General Membership Meeting (GMM) held on 29 March 2022. ACPAPP Tax Webinar and GMM speakers ACE provided an in-depth discussion on the Latest Tax Issuances and Court Decisions while Atty. Auresana covered Updates on Transfer Pricing in the Philippines. The virtual event was attended by past and present officers and members of the ACPAPP and non-member registrants.

News

MAA and LLL speak at SBFCC tax briefing webinar

29 April 2022

SGV Clark Tax Partners Atty. Margaux A. Advincula (MAA) and Hentje Leo L. Leaño (LLL) were resource speakers at a briefing on Revenue Memorandum Circular (RMC) No. 24-2022 organized by the Subic Bay Freeport Chamber of Commerce (SBFCC). More than 145 SBFCC members, officers, and locators attended the event on 17 March 2022. MAA and LLL with the SBFCC officers LLL gave a preview of the discussion outline and recalled the background and timeline of the relevant Value-Added Tax (VAT) issuances for Registered Business Enterprises (RBEs). He also discussed the impact of the VAT provisions in the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law, its effectivity dates, and transitory provisions. MAA shared her insights in relation to the documentary and registration requirements relevant for RBEs. SGV Clark Partner Jose Pepito E. Zabat (JEZ) also attended the event. To conclude the meeting, LLL and MAA served as moderators in a Q&A forum along with SBFCC Executive Director Donna May Tamayo and SBFCC Marketing Director Jake Oh.

SGVeans bag ICMA gold and bronze medals

JJB and TFM join Invest in Davao Online Roadshow to USA

LLL speaks at FEU Academic Integrity Day

SGV Senior Directors host PICPA WMMC tax webinars

CCaSS Manager Yna Antipala speaks at Ateneo Corporate Sustainability Conference 2022

VCR featured in FINEX Females in Focus

SGV Partners and Senior Director Meynard Sardalla join PICPA FINMA Program

MAA and LLL speak at CILA tax briefing and townhall meeting

ACE and Senior Director Auresana Torres speak at ACPAPP Tax webinar and general membership meeting

MAA and LLL speak at SBFCC tax briefing webinar

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