SGV Climate Change and Sustainability Services (CCaSS) Partners Benjamin “Benjie” N. Villacorte and Katrina F. Francisco were resource speakers at the Association of Certified Public Accountants in Public Practice (ACPAPP) Professional Development Committee Seminar and General Membership Meeting. The event aimed to impart knowledge on key sustainability topics and how these may affect the accounting profession. Sixty-one ACPAPP members attended the seminar and meeting at the Washington SyCip Development Center (WSDC) in Makati City.
Benjie (left) and Katrina (right) discuss key sustainability topics
Benjie talked about circular economy and the Extended Producer Responsibility (EPR) Law. He gave an overview of circular economy and the plastic problem. He also discussed the EPR Law and its impacts on accountants and the EPR reporting audit requirements.
Benjie (left) and Katrina (right) receive their certificates of appreciation
Katrina provided sustainability reporting updates. She gave an introduction of the International Sustainability Standards Board (ISSB) Standards, discussed the International Financial Reporting Standards (IFRS) S1 and S2 requirements, and recommended next steps for Philippine businesses.