What we do
Full-service assurance, tax, and advisory.
From statutory audit to strategic advisory, our engagements are built on rigor, ethics, and a genuine understanding of your business.
Audit & Assurance
- Financial statements audit
- Internal audit
- Review of historical financial statements
- Review of prospective financial statements
Tax Services
- Tax assessment
- Tax compliance health check
- Tax due diligence
- Tax opinions and rulings
- Tax planning and structuring
- Estate and donor’s tax compliance
Accounting Services
- Bookkeeping
- Compilation of financial statements
- Account reconciliations
- Internal accounting
Advisory & Business Consultancy
- Business policy making
- Financial due diligence
- Risk management
- Strategic management
Corporate Services
- Business registration
- Corporate structuring
- Corporate secretarial
- Payroll processing and compliance
Other Services
- Agreed-upon procedures
- Company profiling & loan application assistance
- Estate planning · Retirement planning and funding
- Contract review · Collection services
- Real estate services and other allied services
Who we serve
Industries we serve.
The reporting framework, the controls, and the regulator differ by sector. Our engagements cover twelve.
Beyond Tacloban City
Engagements run from wherever you are.
Clients elsewhere in Eastern Visayas, in Metro Manila and in other regions work with us without travelling to our office.
Documents turned over online
Records, schedules and supporting documents are exchanged through shared online folders, and reports are delivered the same way.
Meetings by video call
Planning, status and closing meetings are held by video call. Visits are scheduled where the work requires them, such as an inventory count.
Electronic filing
Returns and reports are filed through the online systems of the BIR, the SEC and the other agencies that accept them.
Our Partners
Led by credentialed professionals.
Four partners with national distinctions, international practice, and deep roots in the academe.
Placed 2nd in the May 2018 CPA licensure examination. Trained in assurance and taxation at one of the largest professional services firms in the world before returning to Region VIII, and has since audited MSMEs through to large corporations. Assists taxpayers through BIR audits and assessments. Teaches audit, assurance, and taxation, and authored a CPA reviewer book on auditing.
View full profile →
Audit and Professional Practice Director at one of the world’s Top 4 professional services firms, serving in its London, New York, and Philippine offices. Sat three consecutive terms on the Audit and Assurance Standards Council, served as National President of PICPA for FY 22-23, and sits on the council of the ASEAN Federation of Accountants. Led Saint Paul School of Professional Studies as President for more than a decade.
View full profile →
Placed 1st in the May 2018 CPA licensure examination and 10th in the December 2023 Bar. Practice centres on tax compliance and health checks, assistance with tax audits, corporate structuring, and tariff and customs compliance. Began his career as a risk and compliance officer, internal auditor, and data privacy officer. Lectures on taxation and commercial law and reviews for the CPA board examinations.
View full profile →
More than half a decade in the public practice of accountancy, auditing MSMEs and large corporations across retail and trade, educational institutions, non-profits, importation, and services. Began as an audit associate at a Manila firm. Works in full-cycle accounting and financial reporting with variance and ratio analysis. School accountant and part-time lecturer at SPSPS, and treasurer of PICPA–Tacloban Chapter.
View full profile →Insights
What falls due this month.
The next filing and payment deadlines we are tracking. Open the calendar for the full year.
Get in touch
Let’s talk about your business.
Tell us what you need — audit, tax, bookkeeping, or advisory — and our team will get back to you.
2nd Floor, Rubber Tree Building, Brgy. 77, 611 BLISS – Fatima Diversion Road, Tacloban City, Philippines 6500
Suite 302, F. Mendoza Complex, Sto. Niño St., Brgy. 28, Tacloban City 6500
0995 398 9482
info@aaccocpas.com
Message us on Messenger
Industries
Audit and Tax Services for Business Process Outsourcing
We support BPO and shared-services providers with statutory audit, tax compliance, payroll, and controls that keep pace with fast-scaling headcount and client SLAs.
What the work involves
A business process outsourcing company usually earns its revenue under a service agreement with a parent or affiliate abroad, often priced at cost plus a mark-up. Many are registered business enterprises with an investment promotion agency such as PEZA or the BOI, and enjoy incentives under the CREATE Act as amended by CREATE MORE.
The audit therefore looks beyond the income statement. Revenue is tested against the service agreement, the registered activity is separated from any activity that is not registered, and the related party transactions are examined with the transfer pricing rules in view.
What needs attention
- Revenue and the service agreement. Whether billings follow the pricing formula, and whether costs included in the cost base are the ones the agreement allows.
- Incentives. The conditions of registration, the income covered by the income tax holiday or the special corporate income tax, and income that falls outside them.
- Related party transactions. Disclosure in the financial statements, the BIR related party transaction form, and transfer pricing documentation where it is required.
- Payroll. Night shift differential, holiday pay, statutory contributions and the withholding tax on compensation for a large and fast-changing headcount.
- Foreign currency. The functional currency of the entity and the translation of foreign currency balances under PAS 21.
Related services
- Tax compliance, including VAT zero-rating of services and the returns that incentives require.
- Payroll processing and compliance for growing teams.
- Bookkeeping and monthly reporting in the format the parent company asks for.
- Internal control and risk reviews ahead of a client or group audit.
Frequently asked questions
Does a registered BPO still need audited financial statements?
Yes. Audited financial statements accompany the annual income tax return and the SEC filing, and are among the reports a registered enterprise submits to its investment promotion agency.
When is transfer pricing documentation needed?
It depends on the size of the entity and of its related party transactions under the BIR’s regulations. We assess this during planning, because the documentation must exist when the return is filed, not when the BIR asks for it.