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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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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Insights
AAC Tax Code.
The National Internal Revenue Code of 1997 as it currently stands — consolidated by the firm to carry the TRAIN Law, the CREATE Act, the Ease of Paying Taxes Act, the VAT on Digital Services Act, CREATE MORE, the CMEPA and the amendatory laws in force to 1 August 2026, with a footnote at every provision naming the law that changed it.
The printed edition runs to 240 pages and carries the same text, footnotes and references as the browser below. Every section here shows the page it sits on in that PDF, so a citation taken from the screen matches the one taken from the book.
ANNEX C
Annex C Line-item veto message on Republic Act No. 12235
Message of the President of the Philippines on Republic Act No. 12235, dated 29 August 2025, reproduced from the official copy transmitted to the House of Representatives.
In order to standardize the collection of excise tax across all sources and enhance the regulatory process involving denatured alcohol, I sign into law enrolled House Bill No. 10535, entitled:
“AN ACT AMENDING SECTIONS 134 AND 168 OF REPUBLIC ACT NO. 8424, OTHERWISE KNOWN AS THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED.”
The amendment pertaining to the tax treatment of denatured alcohol aims to establish a more equitable taxation framework by eliminating conflicting interpretations and inconsistencies in the excise tax exemption. The proposed measure seeks to ensure tax parity by exempting both imported and locally manufactured denatured ethyl alcohol from excise tax. This is consistent with international practices and minimizes regulatory loopholes and unfair market advantages. As such, I commend the leadership of both Houses for passing this equitable measure.
This notwithstanding, I am unable to fully support the provision of the bill that authorizes compounding plants with rectifying facilities to denature alcohol.
Our current system restricts denaturing processes to duly registered distilleries. Extending the privilege to compounding plants may lead to revenue loss from possible misrepresentation of wastages to avoid excise tax on distilled spirits, allow production wastages to be converted to a tax-free product thereby rewarding a manufacturer’s inefficiency at the expense of tax collections, and result in adverse fiscal consequences due to tax leakage in cases where the denatured alcohol is eventually reprocessed for mass consumption. It is for such reasons that I am constrained to veto a particular provision in the enrolled bill.
I hereby register the line-item veto in accordance with Article VI, Section 27(2) of the Constitution:
1. On the inclusion of compounding plants with rectifying facilities as authorized to denature alcohol similar to duly registered distilleries:
I veto that portion of Section 2 of the bill, amending Section 168 of the Tax Code, to wit:
“SEC. 2. Section 168 of the National Internal Revenue Code of 1997, as amended, is hereby further amended to read as follows:
“Section 168. Denaturing Within the Philippines. — For purposes of this Title, the process of denaturing alcohol of not less than one hundred eighty degrees (180°) proof (ninety percent [90%] alcohol by volume) in the Philippines shall be effected prior to removal from the premises of duly registered distilleries and compounding plants where the rectifying facilities are located: Provided, That the denaturing process shall be done in accordance with the rules and regulations to be issued by the Bureau of Internal Revenue (BIR) which shall include the denaturant formulations to be used: Provided, further, That the BIR shall require a confirmatory testing prior to the removal of the denatured alcohol: Provided, finally, That the BIR shall designate its representatives to monitor the denaturing process.” [underscoring supplied] The amendment to the taxation of denatured alcohol fosters fair competition by establishing an equitable tax framework, while placing safeguards against possible leakages. I fervently hope that this legislation would show our commitment to the international market that our country abides by the global standards of taxation.
[Editorial note — the words vetoed are “and compounding plants where the rectifying facilities are located”, which are underscored in the veto message. Section 168 as printed in this volume omits them.]