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SGV Consulting Senior Advisor, former Consulting Partner and 2020-2021 President of the Asian Confederation of Institutes of Internal Auditors (ACIIA), Rebecca G. Sarmenta (RGS), was a speaker during the ACIIA Audit Committee Forum 2021 event that was conducted on 18 November 2021 in South Korea. RGS at the Asian Confederation of Institutes of Internal Auditors (ACIIA) Audit Committee Forum 2021  The event was hosted by the Institute of Internal Auditors (IIA) Korea and was physically and virtually attended by more than 300 internal audit professionals from 17 countries.  Participants included Audit Committee members, Chief Audit Executives (CAEs), Certified Internal Auditors (CIAs), directors and managerial executives, and internal auditors from South Korea and other countries. With the theme of “Beyond Change; Leading through a crisis,” the event was aimed at enhancing the value of internal auditors and the IA role in ensuring competitiveness in today’s environment characterized by unprecedented change and disruption.  RGS presented the results of the survey conducted by ACIIA and SGV on Internal Audit Transformed: Emerging Risks, Trends, and Opportunities.  The survey results show that as IA moves forward to a future with significant uncertainty, the IA function must evolve by recalibrating its methodology, operational model, technology and talent to flexibly address rapid changes in the business environment. IA is  well-positioned to challenge and advise on the risk landscape that business leaders should consider.

SGV Indirect Tax & Global Trade Senior Director Atty. Alden Patrick Labaguis and Cybersecurity Technology Consulting Senior Director Mark Anthony Javiero, together with Climate Change and Sustainability Services Associate Director Ma. Rebecca Ruiz were the guest speakers at the Association of Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) Finance Executives (ASEFEX) Fourth Quarter General Membership meeting on 16 December 2021.   Atty. Labaguis was invited to share his insights on the amendments to the CREATE Law’s Implementing Rules and Regulations. Mr. Javiero, on the other hand, discussed the ins and outs of Cybersecurity and how well the industry is protected from cyberattacks. Lastly, Ms. Ruiz discussed decarbonization of current industry practices and sustainable solutions.  The meeting concluded after an open forum where the speakers addressed the participants’ questions.  Participation in the virtual briefing was coordinated by Logistics Industry Leader and Tax Principal Stephanie V. Nava (SVN) and Technology Industry Leader and Assurance Partner Manolito R. Elle (MRE). The briefing’s coordination and organizing team included Tax Associate Director Gracia Mae A. Beronilla and Tax Senior Associate Roland Joseph C. Mendoza.

To inspire SGVeans to nurture connections amidst trying times, the SGV Consulting team conducted the 5th installment of the SheInspires webinar series entitled Corona Love: Love Under Lockdown on 17 December 2021. More than 300 people from SGV attended the event. The webinar took the form of a dialogue moderated by Consulting Partner Jan Ray G. Manlapaz (RGM) and Tax Principal Victor C. De Dios (VCD). Panelists and moderators with RAF and MDM The webinar focused on how the pandemic has been affecting relationships. Panelists shared their personal relationship stories and the roles they have assumed since the pandemic started. They also offered support by expressing their thoughts, feelings, and anxieties, reassuring the participants that they will get through the pandemic together with their partners. Other key takeaways from the event included lessons on the importance of choosing a life partner and how strong relationships are founded on trust, clear communication, and self-worth. Tax Partner Margaux A. Advincula (MAA), Assurance Partner and BES-BSG Head Alvin M. Pinpin (AMP), Consulting Manager Mina L. Sanchez and Consulting Senior Associate Jastine Casco were the panelists at the event. The webinar concluded with the panelists sharing their insights on long-lasting relationships.

SGV Consulting Partner Carlo G. Dimarucut (CGD) participated as a thought leader and moderator in an event organized by Rockbird Media titled 8th Digital Transformation Asia 2021 - A Virtual Strategy Meeting in the Philippines on 10 November 2021. CGD shared his insights during the deep-dive discussion, A future-ready organization: How an integrated risk management reduces business disruption. CGD with other speakers at the event The event served as an avenue for business leaders and tech industry experts in the Philippines to connect and collaborate. It featured trending topics such as innovative tech, cutting-edge strategies on Data Science, Intelligent Automation, 5G Tech, Agile & DevOps, Data Center Infrastructure, Cybersecurity, Cloud, Artificial Intelligence and other tech-related topics. Other thought leaders included Hungry Workhorse Founder and CEO Rey Lugtu, Cypher Learning Founder and CEO Graham Glass, Alibaba Cloud Intelligence - Philippines Country Manager Allen Guo and others.

MUS during the PICPA SMMC webinar The Philippine Institute of Certified Public Accountants Southern Metro Manila Chapter (PICPA SMMC) organized a webinar entitled Deferred Income Tax 101: Understanding and Application of the Concepts on 15 October 2021. MUS was the speaker at the event, which was attended by over 255 participants. 

The PQF describes the levels of educational qualifications and sets the standards for qualification outcomes. It is a quality-assured national system for the development, recognition and award of qualifications based on standards of knowledge, skills and values acquired in different ways and methods by learners and workers of the country (RA 10968 – PQF Act). SDT and MUS were the emcees and moderators for the PQF summit for Public Practice The PQF Summit in August and September 2021 was a project of the PICPA National Professional Development Committee chaired by Florenz C. Tugas, with SGV Partners Shane Dave D. Tanguin (SDT) and Maricris U. See (MUS) as co-chairs of the committee. With the theme “Embracing the Role of PQF in the Accountancy Profession,” the four-day summit, with one day assigned per sector, was designed to deepen the understanding and application of PQF in education practice, commerce and industry practice, government practice, and public practice. At the end of the summit, attendees were expected to identify the levels, domains, and competency areas of each sector and perform self-assessments to determine their current levels vis-a-vis the career progression and specialization program (CPSP) for the accountancy profession. SGV Tax Partner Maricris U. See and Assurance Partner Shane Dave D. Tanguin (SDT) were the emcees and moderators for the PQF summit for Public Practice. Assurance Partner Meynard Bonoen (MAB), as President of PICPA Western Metro Manila Chapter, also participated in the event. Over 700 CPAs from all over the country attended the summit. 

SGV Tax Partners took part in the Philippine Institute of Certified Public Accountants Northern Luzon Region (PICPA Northern Luzon) Audit and Tax Local Summit, a CSR Project for Professional Development, on 30 October 2021.  ACE and MUS during the PICPA Northern Luzon Region Audit and Tax Local Summit Tax Partner Aaron C. Escartin (ACE) led the morning session on Differences between Tax and Accounting Rules. Tax Partner Maricris U. See (MUS) led the afternoon session on Expanded Withholding Tax Compliance 101: Understanding the Concept and Common Issues.  The webinars were attended by over 190 participants in both the morning and afternoon sessions. 

SGV was the official tabulator at the Miss Earth 2021 Pageant streamed on the official Facebook page and YouTube channel of Miss Earth on 21 November 2021. The Miss Earth Pageant is an international beauty pageant that promotes environmental awareness, conservation and social responsibility. Miss Earth also aims to showcase and promote various tourist destinations.  In celebration of its 21st year, Miss Earth adopted the theme Colors of the Earth to highlight biodiversity and encourage a positive outlook for the coming years amidst the COVID-19 pandemic.           Miss Earth 2021 Tabulators Market Group 2 Assurance Partner Mariecris N. Barbaso (MNB) led the SGV team that conducted an independent tabulation of scores cast by the judges. Completing the team were Assurance Senior Manager Crystal Aleli Cornell, Associate Director Angelu Daphne Villanueva, Senior Associates Arkangela Jerusha Tobes and Dian Michelle Luis, Associates Mia Claire Mapola and Anna Marie Corpuz, Business Consulting Senior Manager Elvin Mercader, Senior Associate Lucky Wilmar Cimatu, and Associates Alyssa Tapican and Patrick Justin Diaz. Destiny Wagner from Belize was crowned as Miss Earth 2021. She succeeded Miss Earth 2020 Lindsey Coffey from the United States of America. The winner of Miss Earth serves as an Ambassador to environmental protection campaigns worldwide.

EY supported the launching activity of the Inter-Agency Technical Working Group for Sustainable Finance (Green Force) and the British Embassy in Manila (BEM) titled Philippine Sustainable Roadmap and Guiding Principles on the use of Low Carbon Energy on 20 October 2021. EY is a delivery partner of the ASEAN Low Carbon Energy Program. The in-country team was led by Strategy and Transactions (SaT) Partner Smith C. Lim (SCL) as the Green Force Resident Adviser and was supported by Climate Change and Sustainability Services (CCaSS) Senior Manager Katrina Francisco, SaT Associate Director Kieth Andaya, and SaT Senior Associates Pamela Buerano, Mikee Villaroman and Winzelle Geonzon. Forum poster The event presented the Philippine Sustainable Finance Roadmap and the Seven Guiding Principles (GP) on policy and regulatory gaps in promoting sustainable investments through finance, implementing sustainable government initiatives, facilitating investments in public infrastructure and developing projects that promote sustainable financing in the Philippines.  Speakers during the event were EY Director Russell Marsh, Chairperson-designate of the Climate Change Commission (CCC) and DOF Secretary Carlos Dominguez Ill, British Ambassador-designate Laure Beaufils and BSP Governor Benjamin Diokno.

SGV Climate Change and Sustainability Services (CCaSS) Partner Benjamin N. Villacorte (BNV) served as a panelist for Day 2 of the Climate Change Commission (CCC) 2021 Climate Investment Forum held on 23 November 2021.  Climate Investment Forum 2021 poster BNV discussed the global clamor for businesses to adopt a universal standard for sustainability reporting, and how EY has played a leading role in shaping businesses towards creating long-term value by prioritizing sustainability. He opened the presentation by tracing EY’s sustainability and decarbonization journey. In line with SGV’s commitment to building a better working world, BNV shared that EY has launched its long-term value framework and achieved its 2020 goal of carbon neutrality.  BNV described how SGV implements various initiatives to support corporate sustainability through its Sustainable Actions for Value Creation and Enablement (SAVE) Council. He encouraged investors and companies to recognize the importance of sustainability reporting in enhancing their long-term value. He highlighted the role of investors and companies in ensuring that commitments are long-term, and that sustainability is accessible to consumers.  BNV concluded his presentation by sharing SGV’s core service offerings to support clients’ sustainability journey. He and  the other panelists entertained questions from the audience. Moderators Dr. Marqueza L. Reyes and Dr. Ernesto M. Ordoñez concluded the forum.