SGV FAAS team hosts workshop on preparing financial statements

The SGV Financial Accounting Advisory Services (FAAS) team hosted a Financial Statements Preparation Workshop on 30 January 2024 at the SGV Makati WSDC Training Rooms. The workshop was attended by 122 participants from 54 companies. The workshop aimed to share leading practices and guide the participants on preparing financial statements.

 

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Organizing team with FAAS Partners and resource speakers

 

FAAS Partner Anna Maria Rubi B. Diaz and FAAS Leader Aris C. Malantic delivered the opening and closing remarks, respectively. FAAS Senior Director Jerwin C. Esquibel, FAAS Director Patricia Jazmin D. Patricio and FAAS Director Sheena Dyan C. Suarez led the discussions as resource speakers for the event. 

 

The resource speakers talked about financial statements, their importance, components, preparation best practices, and amendments to Philippine Accounting Standards (PAS) 1 and Philippine Financial Reporting Standards (PFRS) Practice Statement 2’s disclosure of accounting policies. They also shared MS Excel keyboard shortcuts and conducted a hands-on activity on preparing financial statements. 

 

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Workshop attendees

 

FAAS Senior Director Alexander F. Bughaw, FAAS Associate Director John Andrew H. King, FAAS Administrative Lead Kristine Kaye E. Bacay, FAAS Senior Associates Liah Marie G. Concepcion, Niña Avanica E. Correa, Darren Alyssa D. Gonzales, and Jade Kenneth A. Calera and FAAS Associates Valerie Ann O. Dacanay, Dona Mae B. Domasian, Theresa Marie T. Roldan and John Froilan P. Vega were part of the organizing team.

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