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The Junior Philippine Institute of Certified Public Accountants and Auditors (JPIAA) of the Holy Angel University (HAU) organized a tax webinar for its members, to which David Jonathan “Tan” F. Manalili, GCR Associate Director, was invited as the speaker for the event entitled “Keeping up with the times: Lesson on CREATE Act.” Ednel T. Datu, Adviser of JPIAA-HAU and HAU-Accountancy Program Chairperson, welcomed the organizers, participants and the speaker in his opening remarks. Tan Manalili discussing CREATE Law Tan kicked off the discussion proper of the webinar by sharing the history of the development and the eventual passage of Republic Act (RA) No. 11534, “The Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law” and proceeded with discussing in detail the salient features of the CREATE Law. The event was hosted by JPIAA-HAU Academic and Membership elite officers Reigne Christine Costas and Jyra Mariel Crispin. The webinar ended with a question-and-answer portion moderated by the presenter and the speaker. SGV Clark GCR Partner Hentje Leo L Leaño (LLL) was also present in the webinar. GCR Associate Jerome C. Montoya assisted the speaker on the preparation of the webinar materials.
SGV Consulting Senior Director Alvin Manuel shared his insights regarding personnel security and auditing information security risk in webinars organized by the Philippine Institute of Certified Public Accountants – Eastern Metro Manila Chapter (PICPA – EMMC) on 3 and 5 November 2021. Alvin during his in-depth discussion  Alvin discussed some trends on information security and how organizations are managing risks amidst disruption. He shared his insights on the role of auditors in managing the information security risks in enterprises, highlighting trends and techniques in performing an audit for information security risks. He also talked about how organizations build a culture of security involving their people. He delved into the importance of personnel as the greatest resources as well as the weakest link in maintaining an effective level of information security in the organization.
In celebration of the International Day for Disaster Risk Reduction, the University of the Philippines Institute for Small-Scale Industries (UP ISSI) conducted the “E-HANDA Webinar: Helping MSMEs Build Forward Better” on 13 October 2021. The event was aimed at raising awareness on the available programs and reference materials to help strengthen the business continuity and recovery strategies of MSMEs. SGV Senior Director and BCMAP Director Alvin Manuel was among the speakers during the event. Alvin during Disaster Risk Reduction webinar Alvin talked about business continuity and enterprise resilience in the Philippine context. He looked into the risks and challenges faced by Philippine organizations even before the pandemic, ranging from cybersecurity and data privacy threats, to environmental and regulatory shifts, to changes in consumer behavior and a greater reliance on increasingly complex ecosystems. He shared his insights and experience around business continuity and resilience and how organizations can reshape their businesses for current and future challenges.
To raise awareness of relevant information in complying with year-end tax filing, reporting and administrative requirements, SGV Senior Director and Chairman of the ACPAPP Tax and Advisory Committee Don Don T. Mojica facilitated a webinar held by the Association of Certified Public Accountants in Public Practice (ACPAPP) entitled Visiting Common Tax Issues and Year-end Reminders. Visiting Common Tax Issues and Year-end Reminders attendees He provided a comprehensive discussion on year-end tax-related issues and reiterated reminders on the necessary reconciliation procedures for testing the reasonableness of a company’s tax reporting. Other topics covered during the session included Tax updates in relation to Republic Act No.11534 or the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law together with its Implementing Rules and Regulations (IRR) and the latest tax issuances from the Bureau of Internal Revenue (BIR).
SGV Tax leader Atty. Fabian K. delos Santos (FKS) was invited by the Bankers Institute of the Philippines, Inc. (BAIPHIL) to be the guest speaker in a webinar titled General Membership Meeting (GMM) and Executive Learning Series (ELS): The Fundamentals of CREATE Law and Updates on Tax Regulations on 26 October 2021. FKS answers questions from the participants FKS provided updates on the tax regulations and other issuances impacting the banking industry. He also shared his insights on pending bills, such as the Digital Services Taxation Bill and Tax Reform Packages 3 and 4.  The webinar concluded with an open forum, where FKS addressed the participants' questions. The event was attended by over 300 participants, with Financial Services Organization - Tax Partner Jay A. Ballesteros (JAB) and Global Compliance and Reporting (GCR) Senior Manager Mary Grace Cabalida representing SGV. 
The Philippine Association of Realty Appraisers (PARA) Inc. conducted its third Continuing Professional Development (CPD) webinar, on  “Philippine Valuation Standards (PVS) 2018, 2nd Edition”. SGV Strategy and Transactions Partner Marie Stephanie Tan-Hamed (MTH) was invited as a guest speaker during the sessions held on 16 October and 23 October of the three-day event. MTH shared her insights on IVS 200 Business and Business Interests and IVS 210 Intangible Assets during the first day. She then shared insights on IVS 500 Financial Instruments during the second day.  MTH presents during the second day of the webinar The CPD-accredited webinar was attended by licensed and registered real estate practitioners who were interested in learning more about the Philippine Valuation Standards 2018, its contents and impact on the practice of the appraisal profession. 
SGV Indirect Tax & Global Trade Senior Director Atty. Alden Patrick Labaguis was the guest speaker at the IBPAP LEGCOM Meeting: VAT on Digital Transactions on 6 October 2021. The virtual briefing was spearheaded by and provided in coordination with the IT and Business Process Association of the Philippines (IBPAP).  IBPAP guest speaker SGV Tax Senior Director Atty. Labaguis Atty. Labaguis was invited by IBPAP to share his valuable insights on the salient provisions of House Bill No. 7425, which proposes to impose value-added tax (VAT) on digital transactions in the Philippines. On 21 September 2021, the House of Representatives approved on final reading a proposal imposing a 12% VAT on digital transactions in the country to generate new sources of funding for the country’s COVID-19 response efforts. The Bill seeks to clarify the imposition of VAT on online advertisement services, digital services in exchange for a regular subscription fee, and the supply of other electronic and online services. Participation in the virtual briefing was coordinated by Logistics Industry Leader and Tax Principal Stephanie V. Nava (SVN) and Technology Industry Leader and Assurance Partner Manolito R. Elle (MRE). The briefing’s coordination and organizing team included Tax Associate Director Gracia Mae A. Beronilla and Tax Senior Associate Roland Joseph C. Mendoza.
Tax Partner Stephanie V. Nava (SVN), Senior Director Alden Patrick C. Labaguis, and Senior Associate Lauren Antonette M. Mendoza, in collaboration with PortCalls, led a webinar on "Latest Customs Regulations (January to September 2021)” last Friday, 29 October 2021 via Zoom. Over 90 participants from several industries were present at the event.  Latest Customs Regulations webinar speakers during Q&A Mariel KIiatchko from PortCalls introduced SGV Indirect Tax Partner Stephanie V. Nava (SVN) as the opening speaker. SVN began the session with an overview of the Bureau of Customs, particularly updates on the collection efforts of the Bureau in relation to its Post Clearance Audit (PCA) and Prior Disclosure Program (PDP) and its relevance and importance in the logistics industry.   Senior Director Alden Patrick C. Labaguis and Senior Associate Lauren Antonette M. Mendoza discussed the relevant customs updates from March to September 2021. The discussion included customs regulations under the Customs Modernization and Tariff Act (CMTA) of particular interest to the logistics sector (i.e., Compendium of Penalties under the CMTA, Manual of Appeals Procedure under the CMTA). The event included an open forum where the speakers were joined by Mr. Dexter Pedreza, VP-Professional Development of the Chamber of Customs Brokers, Inc. to address several questions from the participants.  The webinar’s organizing team included Tax Senior Associates Lauren Mendoza and Francis Escala.
The Philippine Institute of Certified Public Accountants (PICPA) East Metro Manila Chapter organized a webinar titled Basic Customs Rules on Import and Export of Goods last 19 October 2021. PICPA Eastern Metro Manila representative Alexander Querido hosted the event and welcomed over 90 participants to the webinar. He also introduced the speaker, SGV Indirect Tax Senior Director Atty. Alden Patrick C. Labaguis. PICPA East Metro Manila webinar attendees Atty. Labaguis provided a comprehensive discussion on the basic customs rules on import and export to the PICPA Eastern Metro Manila chapter members. He started the topic with a brief overview of the Bureau of Customs and the governing law which is the CMTA; thereafter, he proceeded with a detailed discussion on Export, Import and addressed the penalties under the CMTA. Lastly, he also briefly discussed the CREATE Law updates in relation to Customs.  The webinar concluded with an open forum moderated by Mr. Querido where Atty. Labaguis addressed the participants’ questions.
Strategy and Transactions (SaT) Senior Associate Natalya Gertrude O. Ng passed the Chartered Financial Analyst (CFA) Level 2 examination.  Natalya Gertrude O. Ng Offered by the CFA Institute, the CFA credential is the standard of choice for investment professionals with real-world analytical skills, technical competence, and high ethical and professional standards. Level 1 tests a candidate’s knowledge and comprehension of investment tools, while Level 2 focuses on the application of these tools and analysis for asset valuation. Finally, Level 3 synthesizes all learnings in the portfolio management context and incorporates a constructed response component. Candidates who have completed all three levels of the exam may seek to earn the CFA Charter after meeting the required professional work experience.  Congratulations Natalya!