Valdes Abad and Company, CPAs (formerly Valdes, Abad & Associates, CPAs(

Valdes, Abad & Associates, CPAs was a Member firm of Touche Ross in the 1970's and of Coopers & Lybrand International in the 1980's up to 1996, a correspondent firm of RSM International from 1997 up to 2007, and an associate firm of GMN International in 2009.GMN International is an association of legally independent accounting firms. This long history of international membership was recognition of the Company's professional standing and track record of world-class service to clients over the years.

At the basic level, there is the statutory audit. Management advisory, tax and corporate counseling and other services complement this. To augment the services available, the Company has developed the capability to tap, mobilize, and organize project teams from pool of affiliated institutions and professional consultants and practitioners.

Audit this is our number one core business. The audit services include the examination of financial statements for the purpose of expressing an opinion on the fairness of the presentation in accordance with the Philippine Financial Reporting Standard. Attendant to this attest functions are the assistance provided to clients in complying with the reportorial requirements of regulatory bodies and the preparation of management letter containing our memorandum of observations regarding our analysis of the financial structure and performance of the client and recommendations for improving their existing accounting procedures and internal accounting and administrative controls. Audit services performed: Statutory Audit, Acquisition Audit, Due Diligence Review, Internal Audit, Fraud Audit, etc.

TAX SERVICESThe firm offers a full range of tax services: our tax practice and corporate counseling services consist principally of the following: Income Tax Preparation/Statutory Returns, Tax Advisory and Planning, Tax Audit and Tax Law Compliance Evaluation, Review of Tax Effects of Alternative Courses of Action, Tax Investigation and Allied Services, Estate Planning, Legal Assistant to Expatriates, Legal representation in government regulatory bodies etc.

EDP SECURITY RISK ASSESSMENT, EDP AUDIT and CONTROL REVIEW of COMPUTER-BASED APPLICATION SystemInformation and Information System Security Risk Assessment (IISSRA), and EDP audit, and Control Review of Computer-based Application System. The firm offers EDP security risk assessment, EDP audit, and control review of Computer-based application system to help clients understand the current status of their computerized system in order for them to make informed judgments and investments that will appropriately mitigate risk to an acceptable level.

MANAGEMENT ADVISORYOur Management Advisory Services (or MAS) evolved and grew in response to the needs of clients for professional services in the realm of developing and improving managerial processes, areas beyond the normal scope of auditing and tax services.Our MAS is equipped with the necessary experience, depth, maturity and technology support to successfully cope with the demands of management for consultancy services in the areas of: Feasibility Studies, Sector Studies, Business Plan Preparation and/or Review, Management and Operations Review, Process Evaluation, Accounting System, Review/Design , Executive Search, Training and Seminars.

ACCOUNTING SERVICES Accounting Services. This includes Accounts Preparation, Accounts Reconstruction and Accounts Reconciliation, Bookkeeping, and Payroll.