In 1970, The SGV Group further expanded its reach to include Singapore and Malaysia. The following year, The SGV Group penetrated the Vietnamese market through the establishment of SGV-Thuan & Co., the first auditing firm in the country to apply international standards. Another significant development was the setting up of a Management Service Division in each of the Indonesian, Malaysian, Singaporean, Taiwanese, and Thai member firms. The move was in response to the growing need for consultancy services in the region. Meanwhile, to expand its area of operations, T.N. Soong & Co. established a branch office in Taiwan.
As the number of The SGV Group member firms increased, so did the need for a coordinating office increased. The office of the SGV Group was established in Manila to ensure adherence to uniform standards of professional services throughout the network. An Executive Committee, comprised of managing partners of the member firms, formulated regional policies. The office was also tasked to oversee the requirements of the member firms in terms of manpower and facilities. During this period, The SGV Group undertook its first projects financed by international development institutions. It also embarked on consulting projects for countries without member firm offices.
On the occasion of its 25th anniversary, SGV launched the Professional/Social Involvement Program (PSIP). Through the PSIP, the Firm donated professional services to nonprofit, social and civic-oriented organizations.
In 1972, Wash SyCip passed on his responsibilities as Managing Partner of the Philippine member firm to two other partners – Roberto V. Ongpin and Rodolfo B. Jacob – and focused on his task as Chairman of The SGV Group. Each member firm progressed by setting up a consulting practice, establishing more branches, offering a broader range of services, upgrading facilities, and expanding its workforce. To coordinate and streamline the different services provided to its client base, SGV developed the total team service approach. Major client groups were identified and teams of partners from all divisions developed service plans for each group.
By 1976, the member firms of The SGV Group – located in the Philippines, Taiwan, Thailand, Indonesia, Malaysia, Singapore, Korea and Hong Kong – constituted the biggest network of nationally independent professional firms in East Asia.
In 1978, the SGV Development Center was inaugurated. It housed an array of modern facilities utilizing an open plan concept for office space. Among its features were a computer center and expanded training and audio-visual facilities. The Center became a popular site for a variety of activities including public seminars and numerous internal training programs for the Firm.
The Center also became the home of the Institute of Advanced Computer Technology (I/ACT) which was established by SGV in affiliation with the Control Data Corporation of the US. I/ACT became one of Asia’s leading organizations in the field of computer training.
Industrialization in most countries in East Asia paved the way for The SGV Group to establish and formulate tie-ups with reputable organizations. These links enabled The Group to enter markets it has not previously tapped. It was in this period that the full range of services (audit, management consultancy, tax advisory) was offered by most of the member firms to their clientele. By this time, The SGV Group had firmly established itself as a strong regional organization and had acquired a reputation for quality, excellence, and professionalism. It was more than ready to undertake expansion beyond East Asia.
Although SGV partners had participated in international forums, on an ad hoc basis for 30 years, it was only much later that their presence began to be identified with The SGV Group. The SGV Group religiously sent a contingent to periodic conferences of the ASEAN Federation of Accountants, confederation of Asian Pacific Accountants, ASEAN Chamber of Commerce and Industry, and the Pacific Basin Economic Council. SGV maintained a high profile at such gatherings as partners often occupied prominent positions.