PICPA accredited workshop slated

() - July 7, 2011 - 12:00am

MANILA, Philippines - Did you know that the chairman of the board, the president, and the CFO of all corporations are now required to sign the financial report before it is submitted to SEC? Did you know that the corporation’s board is responsible to review all financial statements before these are submitted to the stockholders? With SECs mandatory requirement for corporations’ board of directors to practice good corporate governance comes the importance of having a functioning audit committee headed by a member of the board. This is one of the reasons why corporations are now focused on strengthening the effectiveness of their audit committees. To address the clamor of board directors and management for a professional and formal training this very important issue, the Center for Global Best Practices is launching a pioneering best practices program entitled, “Board Directors’ Guide for Audit Committees” to be held on July 1 and 2, 2010 at the Edsa Shangri-la Hotel, Mandaluyong City. Participants are encouraged to avail of the group discounts. Full details and all other upcoming seminars are at www.cgbp.org. For queries, contact program officer Krista Burgos at email krista@cgbp.org and manila telephone numbers 5568968/ 69 or Cebu lines (032) 5123106/ 07. Special lecturers for this event are lawyer Rosario S. Bernaldo, CPA who is the president of the Corporate Governance Institute of the Philippines. She is the founder and managing partner of law and accounting firms Bernaldo, Directo and Po Law Offices and R.S. Bernaldo and Associates, which comprises more than 120 accountants and lawyers. It will also feature Juan Carlos Robles, CPA, CIA, CFE, CISA who is concurrently holding 3 positions at Punongbayan and Araullo such as being chairman of its audit committee, partner of risk management and partner of specialist advisory services division. It will also include Lilian Linsangan, CPA, CIA, CFE, CCSP who is the president of the Association of Certified Fraud Examiners. She headed P&As audit division until 2008 and is presently partner-in-charge and head of Specialist Advisory Services Division of the firm.

ASSOCIATION OF CERTIFIED FRAUD EXAMINERS AUDIT COMMITTEES BERNALDO BERNALDO AND ASSOCIATES BOARD DIRECTORS CORPORATE GOVERNANCE INSTITUTE OF THE PHILIPPINES DIRECTO AND PO LAW OFFICES AND R EDSA SHANGRI GLOBAL BEST PRACTICES JUAN CARLOS ROBLES KRISTA BURGOS
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