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.
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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.
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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.
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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.
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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
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Industries
Cooperative Audit under CDA Rules in Region VIII
We serve cooperatives with audits, regulatory reporting, and governance support attuned to CDA requirements and member accountability.
What a cooperative audit involves
Cooperatives are governed by the Philippine Cooperative Code of 2008 (Republic Act No. 9520) and supervised by the Cooperative Development Authority. Each year a cooperative submits its Cooperative Annual Progress Report to the CDA together with audited financial statements, prepared under the Philippine Financial Reporting Framework for Cooperatives.
The audit covers members’ share capital and deposits, loans receivable and their allowance, the distribution of net surplus, and the statutory funds the Code requires: the reserve fund, the education and training fund, the community development fund and the optional fund.
What needs attention
- Loans to members. Ageing of the portfolio, past due accounts, restructured loans and the allowance for probable losses.
- Members’ equity. Share capital subscribed and paid, withdrawals, and agreement of the subsidiary ledgers with the general ledger.
- Net surplus. Allocation to the statutory funds before interest on share capital and patronage refund are declared.
- Tax exemption. The Certificate of Tax Exemption issued by the BIR, its validity, and transactions that fall outside the exemption.
- Governance. Minutes and resolutions of the board and the general assembly that authorise significant transactions.
Related services
- Preparation of the reports submitted to the CDA with the audited financial statements.
- Tax compliance for cooperatives, including the conditions for keeping the Certificate of Tax Exemption.
- Bookkeeping and internal control review for cooperatives without a full-time accountant.
- Briefings for the board and the audit committee on the audit findings.
Frequently asked questions
When are a cooperative’s annual reports due?
Republic Act No. 9520 requires the annual report to be filed within 120 days from the end of the calendar year. The audit should be scheduled so that the audited financial statements are ready before then.
Is a cooperative exempt from all taxes?
No. The exemption under the Cooperative Code depends on whom the cooperative transacts with and on its accumulated reserves, and the cooperative remains a withholding agent. We review the position against the Certificate of Tax Exemption each year.