1A Digital Magazine published by PICPA MMR GAO January 2019 ISSUE

THE

N-E-W-S ChapteReports

Digi-Ledger

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N-E-W-S ChapteReportsNMMC Updates

The Chapter ended year 2018 by sharing love and comfort to the more than2000 inmates of Caloocan City Jail in Talimusak, Kaunlaran Village, Caloocan City.The project was endeavored by NMMC in partnership with Sto. Nino deCongreso Parish of Novaliches, Quezon City on December 28, 2018.

With the proceeds of the very successful previously held NMMC Bingo Game,the chapter was able to donate various goods for the basic needs of the inmates.A total of 250 bags were heartily prepared, each pack containing towel, laundrysoaps, tooth paste, bath soap, deodorant, shampoo, coffee and biscuits. Rev. Fr.Jensen Ronquillo of Sto. Nino de Congreso headed this gift-giving event andcelebrated a Holy Mass inside the jail chapel. Afterwards, all inmatebeneficiaries were served lunch by the NMMC and church volunteers asexpression of the Chapter’s genuine compassion and charity.

Due to heavy foot traffic and congestion of inmates, there was an initialhesitation and anxiety amongst the NMMC volunteers in the process ofdistributing the gift packs. However, the true spirit of giving and sense ofhumanity prevailed as the sincere words of gratitude “Maraming Salamat” andhuge smiles from the inmates rewarded the all volunteers’ efforts .

This event would not have happened without the efforts and kindness of currentNMMC officers and ex-President, Ms. Thelma Hugo. Amidst the busyness of theseason, the latter together with Ms. Kathie Sobremonte’s staff and Ms. Ellen DeGuzman’s family happily gathered at the house of Ms. Thelma in East Fairview,Quezon City for the purchase, packing and delivery of all the 250 gifts bags.

NMMC President Ms. Ellen de Guzman expressed her gratitude to all whoparticipated in the activity, for “going the extra mile” for the sake of serving thechapter and the whole community.

Community Social ResponsibilityNMMC Shares the Love to Caloocan City Jail Inmates

NMMC Holds

7th REGULAR

CHAPTER MEETING

PICPA Northern Metro ManilaChapter held its 7th regularmonthly meeting last January 14,2018 at Kenny Rogers Restaurant,Quezon Avenue, Quezon City.Among the matters tackled wereFinancial Performance andMembership Updates, ScheduledSeminars, General MembershipMeetings and Matters from theMMR Council. It was such anamazing bonding event that afterthe chapter meeting, everyone waseven given a treat at the StarbucksCoffee Shop in West Avenue,Quezon City by one of Decemberbirthday celebrants.

CPD On Tour, Adopt-A-Chapter @PICPA Pangasinan Chapter

January 18-19, 2019

CPD on Tour, San Fernando PampangaJanuary 25-26, 2019

Taxation: Review of Internal Revenue TaxesCompliance and Remedies

Mr. Vicente GudaniJanuary 25, 2019 8:00am-5:00pm

Basic Accounting and Bookkeeping for Non-Accountants

Mr. Mark Chito FajiculayJanuary 26, 2019 8:00am-12:00nn

Data Privacy and Anti-Money Laundering LawsMr. Michael Gallego

January 26, 2019 1:00pm-5:00pm

NMMC Announcements

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N-E-W-S ChapteReports

PICPA-Eastern Metro Manila Chapter sponsored a seminar featuring Mr. ReliGueco, a Certified Fraud Examiner who discussed “Knowing about Fraud andMoney Laundering and How to Deal with them.” 128 PAG-Ibig Fund employeesfrom NCR East, North, South and West attended the seminar held last December 8,2018 at the Pag-Ibig Fund Office, 15th Ave., Quezon City. PICPA-EMMC PresidentElect Joel Romano, Chair of Special Projects Committee Jelay Ubaldo, and Chair ofSocial Media and Promotions Ivy Zafe were present during the seminar.

On December 16, 2018, Team PICPA-EMMC conducted its first batch of gift-giving to the Napindan Kids at the Calabrian Formation School, Inc. in Ejercito Avenue, Pasig.

PICPA-EMMC President Paul Chester See, Social Involvement Committee Chair Persie Torregoza and Past President Mai Sigue-Bisnar graced and spearheaded the

activity. Aside from gift-giving, games and fun activities were also held, with the kids, parents and teachers participating enthusiastically. The highlight of the event was

the appearance, dance performance and the kids’ photo ops with Jollibee (Jollibee Foods, Inc. mascot bee) who gave the greatest fun of the day to the kids.

Christmas Gift Giving At San Antonio Abad Parish FEED-A-CHILD PROGRAM BENEFICIARIES RECEIVE

CHRISTMAS GIFTS from EMMC

FRAUD 101 for PAG-IBIG FUND EMPLOYEES

EMMC’S GIFT-GIVING FOR NAPINDAN KIDS EMMC Updates

On December 22, 2018, Team PICPA-EMMC conducted its second batch of gift-giving with its beneficiaries as the same recipients of the Feed-A-Child Programof San Antonio Abad Parish at Stella Mariz Maybunga, Pasig. PICPA-EMMCPresident Paul See, President-elect Joel Romano, Past President Rizalina Ong,Catalina Calledo and Ivy Zafe were present during the gift-giving. EMMC’s starinvitee for the day was Jollibee who presented a dance number for the kids.

Team PICPA - Eastern MetroManila Chapter joined the“Mentor Me on Wheels”conducted by Go Negosyo onDecember 3, 2018, aiming toempower entrepreneurs orsoon-to-be-entrepreneurs inpursuing business and itsgrowth. The event was held atthe Music Hall of SM Mall ofAsia. Present were incumbentPICPA-EMMC President PaulSee, President-elect JoelRomano, Ex-OfficioBernadette Tabuzo, PastPresident Victoria Martinez,and VP for Membership ElahPerez. They also served asmentors during the event.

80s Music and Fashion Icons @ the MMR Christmas Party

TEAM EMMC Shows off Whitney Houston GigTeam EMMC Joins “MENTOR ME ON WHEELS”

Team PICPA-EMMC spotlighted Whitney Houston at the PICPA-Metro ManilaChapter Christmas Party 2018 with the theme “Icon of the 80s Music and Fashion.The party was held at the Palawan Ballroom, EDSA Shangri La Hotel lastDecember 12, 2018 with MMR Chair Marivic Españo leading the celebration.Other icons represented by other chapters include Michael Jackson, Cindy Lauperand Madonna. Professional Regulation Commission Board of AccountancyChairman Noe Quiñanola, PICPA National President Ma. Asuncion Golez, PICPAExecutive Director Estelita Aguirre, MMR Chair Marivic Españo, GAO Chair NoemiVillaruz, Metro Manila Chapter Presidents and other distinguished guests gracedthe occasion. The Edralins entertained the PICPAns the rest of the night.

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N-E-W-S ChapteReports

PICPA-EMMC conducted a Financial Literacy Seminar/Workshop for San Antonio Abad

Parish (SAAP) Feeding/Livelihood Program recipients on December 1, 2018. PICPA-

EMMC officer Ms. Ivy Zafe was the resource speaker for the event. The participants

actively joined the exercises and enthusiastically shared their experiences and

realizations on their personal finances during the seminar/workshop. PICPA-EMMC

President Paul See, Director for Education Noel Canlas, Past President Victoria

Martinez, and Chairman for Special Projects Jelay Ubaldo were also present during the

seminar. Ms. Vell Tobias and Sister Alma of Team SAAP helped organize the event.

FINANCIAL LITERACY FOR THE SAAP BENEFICIARIES OF FEEDING AND LIVELIHOOD PROGRAMS

TEAM PICPA-EMMC YEAR-END PARTY

On December 4, 2018, a Filipino-themed year-end party was conducted by TeamPICPA-EMMC at the Historia Boutique Bar and Restaurant, No. 5 Sgt.. Esguerra Ave.Diliman, Quezon City. The program included fun games, raffles and exchange of gifts.

PICPA WMMC conducted its 2nd General Membership Meeting at the3/F PICPA Building 700 Shaw Boulevard, Mandaluyong City lastDecember 15, 2018.

WMMC Holds 2nd General Membership Meeting

WMMC’s Colorful Christmas Party Celebration

Resource speakersMeynard Bonoen andRichard Ibarra dealtwith the topics on TaxUpdates andComparative Analysis ofthe Three AccountingFramework.

Over 200 professionalsattended the four-hourseminar. Raffle itemswere also given away tothe participants as anadded enjoyment tothe seminar.

PICPA WMMC held its annual Christmas Party celebration in their fabulous colorfulattires last December 15, 2018 at the 3/F PICPA Building, 700 Shaw Boulevard,Mandaluyong City. PICPA WMMC President Edith Peralta welcomed everyone withher opening remarks. Sumptuous food, fun games, karaoke and raffle prizes wereenjoyed by the attendees. PICPA WMMC scholars were also invited to join the party.

January 177th Regular Monthly Board

and Officers' Meeting

PICPA Office

January 19Adopt-A-Chapter & Gift Giving

PICPA Quezon Province

EMMCANNOUNCEMENTS

7th Regular Monthly Board and Officers' Meeting

January 15, 2019

January 2019 Seminar Series:

How to Handle BIR Audit and Investigation January 19, 2019

Transparent Financial Reporting: Preparing FS and Notes to FS January 22, 2019

Code of Ethics and Discipline & Right Attitude in the WorkplaceJanuary 23, 2019

The Entity's Overall Picture: A Clearer Approach to FS Analysis January 24, 2019

Research Methods for Accountants: Primer to Forensic Accounting January 25, 2019

Comparison of Full PFRS vs PFRS for SMEs vs PFRS for Small Entities January 26, 2019

The Philippine Standards on Auditing and Audit Process January 29, 2019

Basic and Advanced Excel TrainingJanuary 29 and 30, 2019

3rd General Membership Meeting and Special Seminar

February 13, 2019

WMMC Updates

Present were GAO ChairNoemi Villaruz and MMRChair Marivic Españo, bothPast Presidents of EMMC,other PPs, Board of Advisers,and incumbent and pastofficers. The team watchedand listened to the band ofthe house after the party.

N-E-W-S ChapteReportsSMMC Updates

The Palawan ExCL (Excellence Connectivity Learning) seminar was apartnership project of PICPA Palawan Chapter and Southern MetroManila Chapter, conducted at the Fersal Hotel in Puerto Princesa Cityfrom December 14 to 15, 2018. It was well attended event with 71participants on the first day and 72 participants on the second day. Onthe morning of the first day, Mr. Joel De Leon T. Poh, a SMMC Directorshared his knowledge and expertise on Quality Control for Small andMedium-sized Practitioners and PFRS for Small Entities. Then again, heshared his knowledge regarding the Best Practices in FS Preparation onthe morning of the second day, followed by a discussion on Tax Updatesby Ms. Marivic Rebulanan of SGV Tax Division. Participants were veryactive during the discussion of the topics and asked a lot of questionsnormally encountered during BIR assessments and filing and payment ofmonthly tax liabilities. Finally, on the afternoon of December 15, Mr.Aaron C. Escartin, Partner of SGV Tax Division and SMMC Past Presidentconducted a discussion on Corporate Governance. The PICPA SMMC-invited speakers have all generously shared their time and knowledgewith no honoraria.

PICPA SMMC ExCL Goes to Palawan

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SMMC ExCLNueva Vizcaya

January 25-26, 2019

Tax Master Class Series January 19 to April 3, 2019

Workshop on SALN Preparation February 2, 2019

Fundamentals of IT Audit February 5, 2019

SMMC’s 3rd GMM(General Membership Meeting)

February 27, 2019

WCARAGA CPAs Conference Bislig City

(PICPA SMMC Speakers)February 27 to March 1, 2019

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MMR - GAO Updates

Chapter Representatives for PublicationsAtty. Rosita C. Cham (NMMC)

Ivy Marie Zafe (EMMC)Vanessa Mae Abrera-Vibar (WMMC)

& Yusoph Maute (SMMC)

January Issue Contributors Ellen De Guzman (NMMC)Paul Chester See (EMMC)

Editha Peralta and Vanessa Mae Abrera-Vibar (WMMC) Yusoph Maute & Venisse Ann Parungao (SMMC)

2018-2019 Editorial BoardMMR Chair Ma. Victoria Españo, GAO Chair Normita Lansang- Villaruz

Adviser: PICPA MMR Adm. Mgr. Fanny Madraga

A Productive

and

Prosperous

PICPA @2019