AUDIT AND ASSURANCE SERVICES
We perform assurance works to establish the reliability and integrity of financial information business process and internal controls, and other non-financial information for regulatory compliance, investors, creditors, management and other stakeholders’ use.
Financial statement audit. We provide an opinion on the fairness of the financial statements in accordance with generally accepted accounting standards. We employ the risk-based approach, which requires a through understanding of the clients business to identify the risk areas. Focus is placed on business risks and processes and related risk management process and other mitigating controls.
Due diligence review. We perform agreed-upon procedures to identify areas of concerns in a planned business transaction, i.e. purchase of business or assets, investments in shares of stocks and the like. Our team of financial and tax auditors and affiliate lawyers helps client identify potential areas of concerns and accordingly optimize the benefit of the planned transaction.
Special audits based on agreed-upon procedures. Our team of certified fraud examiner and fraud auditors and investigators help companies investigate suspected fraud or misappropriation of assets. We also help their lawyers in litigation process to support the legal proceedings. Our investigators have undergone appropriate trainings from experts in the intelligence and investigative works.
Internal and compliance audits. Companies require internal audits to ensure that its processes that support the operations are effective, efficient and properly complied with. We provide specialized contract services that fits the needs of the internal audit division. We can fully manage your internal audit department and run its day-to-day operations. We assist in establishing the in-house internal audit organization and functions. We also provide appropriate internal audit support for operational, compliance and even financial audits.
Sarbanes-Oxley (Setion 404) Compliance Assessment. Subsidiaries and affiliates of publicly listed-companies in the US are required to comply with the provisions of Section 404 of the US Saxbanes-Oxley Act of 2002. We help companies’ internal audit group perform the assessment.
Business Process Review and Reengineering. We help companies strengthen key controls in business processes, at the same time streamline redundant tasks. We also provide recommendations based on best practice and taking into consideration the advent in information systems and communications technology.
BUSINESS SUPPORT SERVICES
Finance and Accounting Business Process Outsourcing. We help clients focus on their core business competencies and provide higher shareholders’ through outsourcing to us the non-strategic functions such as accounting, bookkeeping, payroll processing, bank and account reconciliation, accounts receivable and payable processing. We establish and provide systems that will ensure timely and reliable financial information for appropriate business decision making of the management.
Staff Loan. We provide competent personnel on a temporary basis to assist clients where internal manpower is not adequate to complete certain tasks. This may apply to seasonal jobs or special projects.
Payroll Services. We provide confidential and general payroll services and related payments to employees. We assist clients in the computation and remittance of withholding taxes, social security and other payroll requirements of government agencies.
INFORMATION SYSTEMS RELATED SERVICES
A. Business Process Risk Management
Information System (IS) Implementation Readiness. We help client evaluate their readiness in adopting major technology related initiatives such as Enterprise Resource Planning and e-systems implementations.
Revenue Assurance. We help companies manage risks for revenue data accuracy, integrity and reporting. Revenue risks include leaks, unreported or unrealized sales.
Security Controls Design. We assist clients in designing appropriate security and technology design controls to manage risks associated with business information systems.
B. IS Infrastructure Management
General and application controls audits. We help companies assess general environment and software specific controls effectiveness in mitigating and managing IS risks.
Security and Assessment. We help clients assess and manage the effectiveness of the security over their operating and network systems, servers, databases and data files and suggests ways for improvement.
C. Other IS Related Audit Services
We provide systems review and audit services such as post implementation review, ERP or software package evaluation and selection, functional needs analysis. We also handles IT project management, business process reengineering and systems implementation.
Tax Compliance Review. We assist clients in assessing their compliance with tax rules and regulations.
Tax Assessments and Claims Assistance. We assist clients in evaluating assessments, support tax positions and conduct protests. We also handle claims for refund, request for rulings and other tax related works.
TRAININGS, BUSINESS REGISTRATION AND OTHER SERVICES
The Firm conducts in-house trainings with courses on accounting, audit, finance, taxation, business risks, Sarbanes-Oxley compliance audit, business fraud, and other accounting related topics.
The Firm provides services for business registration with Securities and Exchange Commission (SEC), Bureau of Internal Revenue (BIR), Philippine Export Zone Authority (PEZA), Board of Investment (BOI) and other government agencies. We also assist in obtaining Philippine VISA and Alien Employment Permits for foreign nationals, and other permits. We also offer executive search and staffing for accounting professionals, corporate secretarial and related services.