Balagot & Emperado CPA’s Co. Prepares for Global Expansion Through Training

Davao City, May 10, 2025 — Balagot & Emperado CPA’s Co. held a special mentorship and training program to prepare their team for international work. The event was attended by 25 staff members and focused on improving communication, systems, and understanding of global work culture.

Dubai M. Ferrer, LPT opened the event with a talk on “Excellence in Global Communication & Ethical Practices.” She taught how to speak and work properly with people from other countries while maintaining honesty and respect.

Ramon D. Muñoz Jr., CPA, CHRP shared insights on “International Accounting Tools & Cloud-Based Systems,” helping the team learn modern tools used in global accounting firms.

Pastor Joffrey Orcajada inspired everyone with his talk on “Values, Spiritual Discipline & Work Ethics,” reminding the team to stay honest, hardworking, and spiritually strong even in international settings.

Vee Hornoz concluded the program with a session on “HR Policies & Recruitment for International Expansion,” guiding the team on how to effectively hire and manage employees in other countries.

This training is part of the company’s big goal to grow and serve clients around the world. It helps build strong, global-ready professionals—one step at a time.

What You Might Not Know About Public Accounting Rules in the Philippines

A professional insight from Balagot & Emperado CPA’s Co.

In today’s competitive landscape, accounting services are everywhere—but not all providers operate within the bounds of what the law allows. Many are unaware that in the Philippines, Certified Public Accountants (CPAs) are legally required to adhere to strict rules when offering public services, and that includes the structure of their firms.

At Balagot & Emperado CPA’s Co., we follow these rules closely. As a licensed CPA firm, we want to share a few things every client or business owner should know, because small details can have a big impact later on.

Only CPAs Can Own and Operate a Public Practice

Under Republic Act No. 9298 (Philippine Accountancy Act of 2004), CPAs:

• Cannot form corporations to offer audit or assurance services

• Cannot partner with non-CPAs in public practice

• Must ensure all ownership and leadership roles are held by licensed professionals

Why? These rules protect your business by ensuring independent, ethical, and accountable service.

The Hidden Risk of Unlicensed Setups

Some clients may unknowingly hire agencies that aren’t structured the right way, where non-CPAs have control or decision-making power. This may result in:

• Conflicts of interest

• Invalid audit reports

• Legal concerns or penalties

• Unethical decision-making driven by profit, not public service

Even if their rates seem attractive, these arrangements may bring long-term consequences.

Why This Matters to Us at Balagot & Emperado CPA’s Co.

We’re proud to be a fully licensed, CPA-owned firm that values ethics, professionalism, and legal compliance. We don’t cut corners—and we don’t take risks with your trust.

All our staff are either licensed professionals or are supervised directly by licensed CPAs. We work hard to ensure that every report we sign and every client we serve is handled with full transparency and integrity.

A Gentle Reminder & What You Can Do

If you’re unsure whether a service provider is authorized to offer CPA services, take time to verify their credentials. It’s your right as a client to know.

❄ Check if they are PRC-licensed CPAs

❄ Ask about the firm’s registration with BOA or PRC

❄ Consult with a trusted, registered CPA firm

Need help?

Contact us at Balagot & Emperado CPA’s Co. for a quick consultation or credential check. We're here to guide you through legal, compliant, and ethical accounting solutions tailored to your needs.

Your trust deserves licensed hands. Let’s work together the right way.

Strengthening Roots, Growing in Excellence: Balagot & Emperado CPA’s Co. Joins the 42nd ACPAMIN and 31st MGAO

MAY 29–30, 2025 | People’s Hall, New City Hall, Casisang, Malaybalay City

Balagot & Emperado CPA’s Co. proudly took part in the 42nd ACPAMIN and 31st Mindanao Geographical Area Office (MGAO) Joint Conference organized by the Philippine Institute of Certified Public Accountants (PICPA). With this year’s theme, “Rooted in Values, Growing in Excellence,” the event served as an inspiring platform to reflect on the profession’s ethical foundations while embracing the challenges of modernization and regional growth.

We were honored to be one of the official sponsors of the conference, joining the entire Mindanao CPA community in supporting professional development, values-driven leadership, and excellence in the field of accountancy.

From our firm, eight representatives from different branches proudly attended:

• 4 from the Davao Corporate Office

• 1 from the Malaybalay Corporate Office

• 1 from the Kidapawan Corporate Office

• 1 from the Midsayap Corporate Office

• 1 from the Koronadal Corporate Office

Their participation highlighted the firm’s commitment to regional collaboration, continuing education, and being part of PICPA’s mission to raise the standards of the profession across Mindanao.

The keynote address was delivered by Atty. Roland Café Pondoc, PICPA National President, emphasized the vital role of integrity, unity, and innovation in shaping the future of Philippine accountancy.

Events like this reinforce our firm’s belief that staying rooted in core values while embracing innovation is key to delivering trusted, high-quality services for clients and communities alike.