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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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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Insights · News & Announcements
DOF DC No. 001-2026 — Mass Appraisal Guidebook (MAG) 2nd Edition: A Supplement to the Local Assessment Manual
The Department of Finance has issued Department Circular No. 001-2026 on October 06, 2026, promulgating and circulating the Mass Appraisal Guidebook 2nd Edition. The guidebook provides updated guidance on how properties are valued for real property tax purposes and other covered uses.
What is the Circular About
Department Circular No. 001-2026 officially promulgates and adopts the Mass Appraisal Guidebook (MAG) 2nd Edition. This guidebook serves as the standardized, step-by-step technical manual that local assessors must follow to conduct real property valuations and formulate their Schedule of Market Values (SMVs) nationwide for real property tax purposes and other covered uses.
Inside the MAG 2nd Edition
- Chapter I — Property valuation methods: Contains valuation approaches such as market approach, income approach, cost approach, residual method
- Chapter II — Mass appraisal process: Covers the mass appraisal process used in formulating the SMV.
- Chapter III — Preparing the Schedule of Market Values: Covers the preparation of SMVs, including prescribed standard forms and formats.
- Chapter IV — Valuation Testing for Mass Appraisal: Covers appraisal ratio studies, measures of appraisal level, measures of variability, and actual testing.
- Chapter V — Machinery: Covers the valuation approach, valuation of infrastructure, and general valuation issues.
Who Should Take Note
- Local government assessors — Must implement and comply with the updated guidebook.
- Local government units (LGUs) — Should take the updated valuation guidelines into account when preparing SMVs.
- Property owners and businesses — Should monitor applicable property valuation and assessment updates that may affect their real property taxes.
- Accountants and tax practitioners — Should stay informed about changes in property assessments relevant to their clients.
Will This Automatically Increase Your Property Tax
Not necessarily. The circular updates the guidelines for property valuation. It does not, by itself, establish a uniform increase or decrease in every property owner's tax bill. Your actual real property tax depends on the applicable assessment rules, valuation, assessment level, tax rate, and other relevant factors.
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The same summary, in the form we publish on social media. Select any card to read it full size.
This advisory is a general summary and is not a substitute for professional advice. For guidance on your own situation, please consult us.
Related: AAC Tax Calendar · AAC Tax Code · All advisories