Allan Peter Cayetano Keynotes 2012 Controllers/ Accountants’ Summit

The Association of Certified Public Accountants in Commerce and Industry (ACPACI), in tandem with the Philippine Institute of Certified Public Accountants (PICPA), successfully celebrated the 2012 Accountancy Week slated on July 15 -21, 2012. As part of the celebration, ACPACI held its Controllers/ Accountants’ Summit and its 4th General Membership Meeting on July 17, 2012 at the Grand Ballroom of Hotel Intercontinental Manila in Ayala, Makati.

Senator Allan Peter “Companero” Cayetano keynoted the conference and spoke about this year’s ACPACI theme: “Sustaining Integrity in a Challenging Environment.” He underscored that “integrity is part of the Accounting profession and it is part of the Accountants’ calling.” Sen. Cayetano also challenged the Accountants to take a role in attaining the elusive Filipino Dream and to be a “pragmatic idealistic.”

Other guests included PICPA 2012 National President, Ms. Josefe C. Sorrera-Ty; Chairperson of the Accountancy Week 2012, Ms. Marydith C. Miguel; and the Chair of PICPA Metro Manila Geographical Area Office (GAO), Mr. Gerard B. Sanvictores. Ms. Sorrera-Ty gave a short talk to the ACPACIANs. The Accountants she said, are “nation-builders and the guardians of the treasure house, and credibility is very important.”

Luminaries were also invited to lecture on a variety of subjects: Mr. Emiliano S. Librea III, Partner and Chief Information Officer of Punongbayan & Araullo discussed Cloud Computing in the first technical session, and he also covered the second technical session about IFAC Code of Ethics for Accountants; Mr. Mags Mendez III, Section Manager for Global Financial Reporting Operations of Procter & Gamble, spoke on the topic “Certifications Available for Accountants” in the 3rd technical session; Mr. Nelson J. Dinio, Partner of Punongbayan & Araullo shared his expertise by giving the updates on “IFRS Highlights” focusing on significant and relevant IFRS from 2005 – 2012 in the 4th and final technical session. The technical sessions were wrapped up by Mr. Jayson M. Ayson, ACPACI Director for Fellowship and Sports.

One of the highlights of the affair was the swearing in of the new ACPACI Members before President Rebecca R. Arago, who also gave her State of ACPACI Address before the Summit’s audience during the President’s Time. In her speech, she enumerated her achievements for the past six months anchored on her five-point agenda:

  1. Inculcate the value of integrity
  2. Solid membership database
  3. Professional upliftment
  4. Stronger social responsibility
  5. Improvement of Internal System

The Accountancy Week is an annual celebration being held every 3rd week of July. Its objectives are basically to tighten up the linkages among the four sectors of the Accountancy profession: Government, Education, Commerce & Industry, and Public Practice, and to respond to the technical and developmental needs of the members of these sectors.

The successful event was ably hosted by Mr. Lawrence M. De Leon, ACPACI Chairperson for Meetings.