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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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.
TITLE VI — EXCISE TAXES ON CERTAIN GOODS › CHAPTER VII. EXCISE TAX ON MINERAL PRODUCTS
SEC. 151-B. Windfall Profits Tax
(A) Windfall Profits Tax Rates for Large-Scale Metallic Mining Operations. — Large-scale metallic mining operations subject of any mineral agreement or financial or technical assistance agreement, as defined under Republic Act No. 7942, otherwise known as ‘The Philippine Mining Act of 1995’, shall be subject to, in addition to the taxes imposed under this Code, a windfall profits tax on net income from metallic mining operations based on the following rates:
| Margin | Rate |
| Equal to 30% but not over 40% | 1.0% |
| Over 40% but not over 55% | 3.0% |
| Over 55% but not over 65% | 5.0% |
| Over 65% but not over 75% | 7.0% |
| Over 75% | 10.00% |
Provided, That this windfall profits tax shall not be deductible from taxable income as defined in Section 31 of this Code: Provided, further, That for purposes of this section, ‘windfall’ or ‘margin’ means the ratio of ‘net income from metallic mining operations’ to gross output, where the definition of ‘gross output’ is as provided under Section 151(B)(1) of this Code and ‘net income from metallic mining operations’ is as provided under Section 151-A(B)(2), except that allowable tax deductions shall include corporate income tax and royalty under Section 151-A: Provided, finally, That for the purpose of computing the windfall or margin, the optional standard deduction under Section 34(L) of this Code shall not be used.
(B) Annual Returns and Payment. — The mining contractor or operator shall file a windfall profits tax return and pay the tax due thereon, if any, on or before the fifteenth (15th) day of April, or on or before the fifteenth (15th) day of the fourth (4th) month following the close of the fiscal year, as the case may be, subject to rules and regulations to be promulgated by the Secretary of Finance, upon recommendation of the Commissioner.
The windfall profits tax return shall be either electronically or manually filed with and the tax paid to the Bureau of Internal Revenue through any revenue district office through the revenue collection officer, authorized agent bank, or duly authorized tax software provider, except as the Commissioner otherwise prescribes.
Amendment notes
- Enhanced Fiscal Regime for Large-Scale Metallic Mining Act (RA 12253), sec. 7, approved 5 September 2025 — new Section inserted. The enrolled text prints the highest rate as “10.00%”; the other rates in the schedule are printed to one decimal place.