To lead effectively, it is crucial to prioritize your values. Here, we explore how integrating core values into your leadership approach can elevate your team and ensure meaningful, impactful, long-term success. Lead by Example: Values in Action Leadership begins with leading by example. Your...
“Work should be and can be productive and rewarding, meaningful and maturing, enriching and fulfilling, healing and joyful. Work is one of our greatest privileges. Work can be poetic.” Max DePree, author, The Art of Leadership “Work by its very nature (is) about violence – to...
The 17th Visayas Geographical Conference of the Philippine Association of Local Government Accountants (PhALGA), Inc. is set to take place from Oct. 2 to 4, 2024, at the SMX Convention Center in Bacolod City, with an expected attendance of around 7,000 pre-registered participants from across the...
On April 9, 2024, the International Accounting Standards Board (IASB) issued IFRS 18, the new accounting standard for the Presentation and Disclosure of Financial Statements. IFRS 18 is effective for annual periods beginning on or after Jan. 1, 2027, and will replace IAS 1, Presentation of...
Firstly, allow me to share key points on the PICPA’s involvement in various global accountancy professional organizations and its strategic directions in international affairs for FY 2024-2025. Let me start with PICPA’s Leadership Footprints in the Global Accountancy Bodies: 1.) PICPA is the...
The Asian Organization of Supreme Audit Institutions (ASOSAI) is one of the key regional groups under the umbrella of the International Organization of Supreme Audit Institutions (INTOSAI). Established in 1979, ASOSAI began with 11 member states and has since expanded to include 47 Supreme Audit...
What Congress has delegated can no longer be further delegated or redelegated by the original delegate to another. “Delegata potestas non potest delegari.” On Feb. 1, 2023, the Supreme Court released its rulings in G.R. No. 246027, June 21, 2022 (SEC vs. 1Accountant Party-list Inc. et.al.)...
Back then, at Ateneo, I designed and facilitated a course titled Corporate Leadership that became a hit, attracting 250 workplace-based and experience-driven MBA students every trimester. It was an interactive forum whose major allure was the top-notch CEOs invited each week to share their...
I have been a certified public accountant for almost 30 years and have encountered various organizational pressures and politics as both an external and internal auditor. In "Ethics and Pressure, Balancing the Internal Audit Profession" (2015), the Institute of Internal Auditors defined...
The significant increase in the Licensure Examination for Certified Public Accountants (CPAs) pass rate, from just over 20 percent in 2022 to more than 30 percent in 2023-2024, is a welcome and encouraging development for the accountancy profession in the Philippines. This marked improvement...
As we embark on a new journey in PICPA from the realm of numbers to the domain of values, allow me to put forward and relate the new theme: “Values Above All,” with that of the old theme: “Beyond Numbers: Redefining the Roles of Certified Public Accountants.” The old theme indicates a shift...
It’s been 20 years since Republic Act No. 9298, otherwise known as the Philippine Accountancy Act of 2004” was enacted and implemented. Twenty years ago, artificial intelligence was nonexistent. Matters of sustainability, ethics and governance, international collaborations, and many other...