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 Advisory for Electric Cooperatives in Eastern Visayas
We audit and advise electric cooperatives on NEA and ERC reporting requirements, rate and subsidy documentation, asset and inventory controls, and the tax compliance that comes with member-owned utility operations.
What an electric cooperative audit involves
Electric cooperatives are organised under Presidential Decree No. 269, as amended by the National Electrification Administration Reform Act of 2013 (Republic Act No. 10531). They are supervised by the NEA, and their rates are regulated by the Energy Regulatory Commission.
The audit gives attention to utility plant and construction work in progress, materials and supplies inventory, consumer accounts receivable, power cost payables, members’ contributions, and the funds and charges the cooperative collects and must account for separately.
What needs attention
- Utility plant. Additions, retirements, work orders closed to plant, and depreciation.
- Materials and supplies. Physical count, slow-moving items and issuances to work orders.
- Consumer receivables. Ageing, disconnection policy and the allowance for uncollectible accounts.
- Power cost. Agreement of payables with supplier billings, and the pass-through charges billed to consumers.
- Restricted collections. Charges collected for remittance or for a specified use, and the bank accounts that hold them.
Related services
- Support for NEA and ERC reportorial requirements.
- Review of controls over billing, collection, inventory and procurement.
- Tax compliance for member-owned utility operations, including withholding taxes and local taxes.
- Assistance during a BIR audit.
Frequently asked questions
Does it matter whether the cooperative is registered with the NEA or the CDA?
Yes. Registration determines the regulator’s reporting requirements and affects the tax treatment. We confirm the registration and the framework that follows from it at the start of the engagement.
How is VAT on the system loss charge treated?
The BIR has addressed this by circular. Our advisory on RMC No. 97-2026 summarises the current position.