Davao CPA

Davao CPA About Davao CPAs: Your Trusted CPA Partner in Davao & Mindanao

Welcome to our professional corner!

Davao CPAs help you with Tax filing, Tax preparation, estate tax, other taxes, auditing, bookkeeping, business compliance, permits, foreign company registration, and other financial related concerns in different industries in the Philippines. We are dedicated and licensed Certified Public Accountant (CPA) proudly serving the vibrant communities and growing businesses across the Davao Region and

the wider Mindanao area. With a strong foundation in accounting principles and auditing standards, our core mission is to provide reliable, accurate, and insightful financial services tailored to your specific needs. Whether you're an individual navigating tax obligations, a small business seeking clarity in your finances, or a larger entity requiring robust audit assurance, We are committed to delivering excellence and integrity in every engagement. My deep understanding of the local Mindanao economic landscape allows us to offer solutions that are not only technically sound but also contextually relevant. Our expertise extends significantly into specialized financial consulting services, where We focus on empowering key sectors vital to our region's development. We possess substantial experience and a proven track record working with the unique financial complexities of the Power Industry, helping entities manage costs, optimize operations, and ensure regulatory compliance. Furthermore, We are deeply engaged with the Education Sector, assisting Schools (from primary to tertiary) with sound financial management, budgeting, internal controls, and audit readiness. A significant portion of our practice is dedicated to strengthening the financial backbone of community-focused institutions, providing tailored consulting and compliance solutions for Cooperative and Rural Banks as well as Primary Cooperatives. We understand the distinct regulatory environment and operational challenges these organizations face and am passionate about helping them achieve financial sustainability and growth. Choosing the right CPA is about finding a partner who understands your goals and challenges. We bring not just technical accounting and auditing proficiency, but also strategic financial insight honed through years of focused experience within Mindanao's diverse industries. Our approach is collaborative, proactive, and always focused on delivering tangible value – helping you make informed decisions, mitigate risks, ensure compliance, and ultimately achieve greater financial success. We invite you to explore our page, learn more about the services we offer, and discover how we can support your financial journey. Let's connect and discuss how we can be your trusted financial advisor right here in Davao and throughout Mindanao.

Processing! Processing!  Processing! 👌 We'll help you with Processing so you can do what's important for your business!
28/04/2026

Processing! Processing! Processing! 👌 We'll help you with Processing so you can do what's important for your business!

Congratulations to our newly registered Corporation 🏢 in Davao. 📈May your journey towards building better Davao come tru...
23/04/2026

Congratulations to our newly registered Corporation 🏢 in Davao. 📈May your journey towards building better Davao come true 📊

Davao CPAs at 1CISP General Assembly
12/04/2026

Davao CPAs at 1CISP General Assembly

BYD Ti7 Luxury SUV (To Inspire you!) 🙂
01/04/2026

BYD Ti7 Luxury SUV (To Inspire you!) 🙂

New Arrival! 2026 BYD Ti7 Super Premium - New Performance Exterior and Interior********************BYD Cambodia Contact Us: 𝟬𝟭𝟳 𝟱𝟱𝟱 𝟵𝟮𝟰 (Telegram) #2...

Income Tax Return ITR Filing deadline is April 15, Let us help you file properly on time or in advance. Leave a message ...
08/03/2026

Income Tax Return ITR Filing deadline is April 15, Let us help you file properly on time or in advance. Leave a message at Davao CPAs.

Lets talk about your financial peace of mind, as tax season doesn't have to be stressful. 📊✨At MP Management Consultancy...
08/03/2026

Lets talk about your financial peace of mind, as tax season doesn't have to be stressful. 📊✨

At MP Management Consultancy Firm, we provide services for you through every number that matters from tax filing to financial modelling. Let us handle the complexity so you can focus on other important things and have a peace of mind.

Whether you need help with tax, bookkeeping, auditing, or estate tax, we’ve got you covered. Stress less and file on time with MP Management Consultancy Firm.

The Services we offer:
✅ Financial Statement Preparation
✅ Tax Filing & Auditing
✅ Bookkeeping
✅ Financial Modelling
✅ Estate Tax

Plan smarter, grow faster. Let’s talk.

📞 Contact Toti Patrimonio today!
(+63)917-716-0347

📧 [email protected]

03/03/2026

We can help: Audit of Financial Statements and Filing of Income Tax Return to BIR

Tax Preparation and FilingFinancial Statement Audit
23/02/2026

Tax Preparation and Filing
Financial Statement Audit

SEC Lifts Audit Burden for Micro Enterprises, Raises Threshold to ₱3 Million
21/01/2026

SEC Lifts Audit Burden for Micro Enterprises, Raises Threshold to ₱3 Million

The Securities and Exchange Commission (SEC) of the Philippines has issued Memorandum Circular (MC) No. 04, Series of 2026, a landmark regulation designed to ease the regulatory and financial burdens on the country’s smallest corporations. Effective for financial statements covering fiscal years ...

21/01/2026

SEC Lifts Audit Burden for Micro Enterprises, Raises Threshold to ₱3 Million

The Securities and Exchange Commission (SEC) of the Philippines has issued Memorandum Circular (MC) No. 04, Series of 2026, a landmark regulation designed to ease the regulatory and financial burdens on the country's smallest corporations. Effective for financial statements covering fiscal years ending on or after December 31, 2025, the new circular significantly raises the threshold for mandatory audited financial statements (AFS) from the previous ₱600,000 to a new limit of ₱3 million in total assets or total liabilities. This adjustment aligns the SEC's reporting rules with the current definition of micro enterprises under Philippine law and aims to foster an environment more conducive to business formalization and growth.

The previous ₱600,000 asset and liability threshold, established under the Revised Corporation Code (RCC), was considered outdated and no longer reflective of current economic conditions or the operating realities of micro enterprises. Audited financial statements can be costly and administratively demanding for small firms with limited capital and manpower. By increasing this limit to ₱3 million, as approved by the Department of Finance (DOF), the SEC aims to allow these businesses to redirect valuable resources toward operations, technology, or expansion rather than compliance costs.

Corporations that fall at or below the new ₱3 million threshold are now exempt from the mandatory audit requirement. Instead of a full AFS vetted by an independent certified public accountant, these entities are required to submit their unaudited financial statements accompanied by a Statement of Management's Responsibility (SMR). This SMR must be signed under oath by the corporation's key officers, a measure that shifts the accountability for the accuracy and completeness of the financial data directly onto the management.

For standard stock and non-stock corporations, the SMR requires the signatures of the Chairman of the Board, the President or Chief Executive Officer, and the Treasurer or Chief Financial Officer, all duly authorized by the board of directors. For One Person Corporations (OPCs), the President and the Treasurer must sign the statement. The signatories assume full legal responsibility for the integrity and truthfulness of the reports, and any financial statements found to be incomplete, inaccurate, false, or misleading remain subject to significant penalties under the provisions of the Securities Regulation Code and the RCC.

It is important to note, however, that this exemption does not apply to all entities. Corporations classified as "public interest" entities (e.g., publicly listed companies, investment houses, brokers, and large non-profit foundations) are still subject to mandatory audit requirements regardless of their asset or liability size. The SEC retains its visitorial powers to require audited statements if warranted by public interest, regulatory enforcement concerns, or other matters of public interest. This policy aims to balance regulatory oversight with the need to foster a more inclusive and less burdensome business environment.

14/01/2026

Audited Financial Statements for 2024-2025 and Income Tax Return Preparation.

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Davao
Davao City
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