Educators today likely find themselves in a constant cycle of professional development—attending week-long trainings, joining webinar marathons, or enrolling in online courses, all to "keep up." Yet, just as teachers grasp the latest tech tool or pedagogical trend, another wave of change washes...
Corporate governance in financial reporting plays a significant role in ensuring that the financial statements prepared by a company’s management are transparent, accountable, and imbued with integrity. Effective corporate governance in financial reporting enhances investor confidence by ensuring...
Looking back on my seven years of service in the Commission on Audit (COA), I can say with conviction that I gave my all. I did all I could for the commission and its betterment. From the integrity pledging sessions visiting all regions, to the Covid-19 webinars, to explaining project reporting of...
It’s that time of year again, when we choose our leaders for national and local positions. May 2025 elections are right around the corner. The 90-day campaign period for senatorial candidates and party-list groups kicked off last Feb. 11, 2025. On March 28, 2025, the 45-day campaign period for...
In the 2020s, BS Management Accounting (BSMA) programs have become increasingly prevalent in colleges and universities, often presented as an alternative to the more established BS Accountancy (BSA) program. This trend is largely attributed to the stringent academic requirements imposed on BSA...
Speaking up is hard. In my previous article, I wrote about moral courage and breaking the silence. As professional accountants and auditors, we've witnessed organizational pressure and politics—where individuals wield their authority to achieve personal gain or protect an organization by...
In economic value creation, the budget is a compelling factor in achieving goals and objectives. It is a critical tool, a means to an economic end. The size and level of budget autonomy, as well as the accountability of managers for performance, engender both cerebral and emotional responses that...
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 actions...
“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...
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 Financial...
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...
