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
Audit and Tax Services for Educational Institutions
Schools and universities rely on us for statutory audit, internal controls, and compliance — experience that includes auditing educational institutions across the region.
What the work involves
A private school is either a proprietary institution organised as a stock corporation or a non-stock, non-profit institution, and the tax treatment differs between the two. It answers to DepEd, CHED or TESDA depending on the levels it offers, and files audited financial statements with the BIR and the SEC.
The audit follows the school year as much as the financial year. Tuition and fees are tested against enrolment records, receivables from students against the ledgers, and scholarships, discounts and government subsidies against their terms.
What needs attention
- Tuition and other school fees. Cut-off between school years, unearned tuition, refunds and discounts.
- Receivables from students. Collectability of balances carried over from earlier terms and the allowance against them.
- Tuition fee increases. The use of incremental proceeds for salaries and benefits and for facilities, as Republic Act No. 6728 requires.
- Restricted funds. Donations, endowments and grants held for a stated purpose, and government assistance received on behalf of students.
- Tax status. For non-stock, non-profit schools, whether revenues and assets are actually, directly and exclusively used for educational purposes; for proprietary schools, the conditions of the preferential income tax rate.
Related services
- Internal control reviews of cashiering, enrolment and payroll.
- Tax compliance, including withholding taxes on compensation and on suppliers.
- Payroll processing and compliance for teaching and non-teaching personnel.
- Budgets and financial projections for the board of trustees.
Frequently asked questions
Is a non-stock, non-profit school exempt from all taxes?
No. The exemption covers revenues and assets actually, directly and exclusively used for educational purposes. Income not so used is taxable, and the school remains a withholding agent for salaries and payments to suppliers.
When should a school schedule its audit?
Before the end of its financial year, which for many schools follows the school year and not the calendar year. The filing deadlines run from that year-end.