Q4 Newsletter 2022

V QUARTERLY

MAJOR MILESTONE OF 250 + EMPLOYEES ACHIEVED

Your Outstanding Effort Has Contributed to Our Growth

DEAR VASQUEZ + COMPANY TEAM,

As we approach the end of 2022, we take the opportunity to review our goals and celebrate our achievements

This year we focused on strengthening our core services and increasing team members, which expanded opportunity and allowed the firm to become more successful

We've expanded our suite of services and enhanced our team members' competence through on the job experience, educational training, and mentorship We created marketing initiatives and expanded our partnership with RSM. As a result, we strengthened our position in the market and increased the number of clients. We also introduced a new firm logo, supported employee professional growth, and participated in community initiatives

We have achieved several milestones that are highlighted in this newsletter. Our firm is uniquely successful, and with the collective effort of our team in the US and Philippines, we reached 250+ employees! This allows our firm to expand our capabilities to provide additional service support to firms and organizations and respond to their needs so they can succeed. Finally, on behalf of our Partners we appreciate your outstanding efforts that contribute to achieving our goals.

R. Vasquez

Partner

Wishing you safe and happy holiday season.

It's not every day our firm reaches the 250+ employee mark. Congratulations to all the Vasquez professionals around the world for this milestone!

This achievement of growth would not be possible without our loyal and hardworking employees, and valued clients Cheers to us!

V A S Q U E Z B Y T H E N U M B E R S

50 Years of Experience, Sound Growth, and National Recognition

A full service firm established in 1969, with more than 50 years of experience in providing audit, accounting, tax and consulting services

Partners and Directors with 70% identifying as female

Our team consists of more than 250 professionals with 75% identifying as female.

Ranked among the top 1% of accounting firms in the U.S. by the AICPA.

The largest minority controlled accounting firm in the United States, as well as the only one to have global operations.

Our resource arm Vasquez Advantage Center in Manila, Philippines can be used by you or your clients to out source or co source select activities, add headcount in minutes, and tailor services to the requirements you need Less than 30 U S based CPA firms have this capability

Serving clients through 8 offices located in the Western United States and Manila, PH.

Additional resources of the RSM U.S. Alliance, led by the 5th largest firm in the U S

Registered with the Public Company Accounting Oversight Board (PCAOB)

Certified as MBE with the Supplier Clearinghouse for the Utility Supplier Diversity Program of the California Public Utilities Commission.

A N N I V E R S A R I E S

Eden Marfori*

Cristy Canieda*

Arcely Peran*

Linda Narciso*

Suzette Wenseslao*

Carlos Cruz*

Emer Fabro*

Ibe*

Cher Jiang*

Joanne Jung*

Tonette Santillan*

Pam Tolentino*

Scyla Gacis

Lech Plamenco Quennie Mendoza Nice Caneda Micka Pena

Krizia Aguilar Angelika Santiago Kristen Tucio Mela Gacho Vea Ricaborda

Ronelle Aceron

Tricia Da Jose Pria Garduque

Kim Armonia Darrel Caballegan Katlyn Sta. SRita tephanie Herrera Madela Latuga Sheree Malapit

Vanessa Velasco Hilarynil Evardoni

Phoebe Dellosa

Jay-Ar Balbuena

Jelina Buerano Gia Lastrado

Jovel De Guzman*

P R O M O T I O N S

Vasquez

Aryana

Audit Supervisor

these employees on their well deserved promotion!

this

Auditor

Lorie

F F A N A T I O N A L C O N F E R E N C E

Vasquez participated as a major sponsor and continues to support them in their goal to assist, educate, train, and mentor emerging Filipino professionals in the finance and accounting industries, both domestically and globally.

UNIDOSUS 2022 ANNUAL CONFERENCE AT THE GRAND HYATT SAN ANTONIO RIVER WALK

Held last July in Texas, Speakers First Lady Dr. Jill Biden and other renowned experts discussed topics and issues affecting more than 62 million Latinos across the country. Topics included housing, mental health and healthcare, racial equity, education, inclusion, and voting rights.

Last August, Vasquez + Company LLP attended the International Society of Filipinos (ISFFA) Conference in Disney, California

A

R A T I N

O N V E N T I O N

Y E A R S

Our Managing Partner, Gilbert R Vasquez, celebrated the 50th anniversary of the Association of Latino Professionals For America (ALPFA) last September 15.

Gilbert R. Vasquez founded ALPFA in 1972. It is currently the longest standing and largest Latino organization in the country. Throughout its 50 year history, it continues to build upon its proud legacy: To empower and develop Latino men and women as leaders of character for the nation in every sector of the global economy

"Education and opportunity along with hard work, perseverance, and a little luck are the drivers of great success." - Gilbert R. Vasquez

U

A S Q U E Z S U M M E R

I N G

It was a fun and relaxing day at Newport Beach. The games, laughter, and time spent with coworkers in a happy environment was such an enjoyable experience for everyone.

We are delighted everyone had a blast while savoring the summer.

J O Y F U L W E D D I N G A T

V A S Q U E Z + C O M P A N Y

Celebrating Jason and Denice!

Congratulations Jason and Denice Tagasa!

Wishing you joy, love, and happiness as you begin your new life together. Cheers!

F E A T U R E D A R T I S T C E D R I C F R A N C I S C R U Z Audit Supervisor with over 5 years of experience and resident Dog Whisperer!

Growing up in a household where there were as many pet dogs as humans was the seed where my love for these four legged furry friends was cultivated I was fascinated with how smart and affectionate they were. It always seemed to me that they could really understand me.

I am currently a fur daddy of six lovable dogs (four Australian shepherds and two Goldendoodles) who all sleep beside me I've always trained our dogs with basic commands ever since I was in high school, but it was during the pandemic when I discovered that we could do more. At the start of the pandemic we got our first Aussie, an eight week old puppy I was immediately impressed with her ability to learn all the basic commands (sit, down, stay, leave it, play dead, and roll over) within two days I decided to push the training some more and by the time she was four months old she was doing complex tricks such as back stalls, balancing stuff on her snout, sit pretty, and even asking her to this discovery, I began training my whole pack. We even started entering do

Currently, one of our Australian shepherd which we imported from Russia is already a Junior Philippine Champion at one year old I have also entered breeding where I create a training structure to these puppies before getting released to their new fur families My main goal is to share the feeling and experience that my fur babies gave me, and my dream is that every dog will find a forever home

H O W T O T A L K A B O U T

T O U G H I S S U E S

The Employee Assistance Program (EAP) is available to help you restore your peace of mind Call 866-574-7256 24/7 to speak confidentially with an EAP counselor to assist with emotional concerns, substance abuse or other wellbeing issues

Effective communication skills are particularly critical when dealing with difficult issues. Consider the following strategies for communicating about tough issues:

Talk early.

People especially children often become aware of an issue sooner than you think By dealing with an issue sooner rather than later, it is easier to maintain your objectivity and self control, prevent the issue from escalating, and avoid frustration, stress, and misinformation

Talk privately.

Set up a time to talk in a private place, where you won't be overheard or interrupted

Initiate the conversation.

You may need to be the one to start the conversation. This can be uncomfortable for many people. Consider saying something such as "I'd like to get your input on something that I think will help us work together more effectively," or "I need your help with something. Can we talk about it (soon)?"

Think ahead of time about what you want to say and how you want to say it.

Be specific about what the issue is and give concrete examples of things you have observed and the impact they have had If you feel uncomfortable discussing an issue, you may want to practice what you would like to say ahead of time or even role play the conversation with a trusted friend or colleague

Explore the other person's thoughts, feelings, and beliefs.

This will help you understand how the other person perceives the issue, which can help you address your concerns in a way that takes into account his or her perspective. In addition, allowing the other person to express his or her point of view and be heard will help him or her feel valued, reduce feelings of defensiveness, and encourage the other person to reciprocate by being open to hearing what you have to say.

Talk about your own feelings and be personal.

Statements such as, "I'm worried or concerned," "I would like" and "I feel," can ease tension and help the other person learn more about your point of view.

Be open.

It is critical to develop a relationship in which the other person feels comfortable expressing his or her feelings and concerns and asking questions freely.

Tailor the message.

Different people need different information, have different sensitivities and require a different vocabulary. In most cases, however, it's usually best to keep explanations short, simple and straightforward.

Be encouraging, supportive and positive.

Don't avoid topics because you are uncomfortable, unsure of the answer, or don't have time to discuss them. If you can't address a question or if you don't have an answer, be honest about it and say you'll try to find out. Make certain to follow through.

Listen.

Listening, and responding to what the other person is saying, can help you get a feel for what he or she thinks or feels about an issue and what he or she knows. It can be a path to discussion.

Be honest.

Give straightforward and honest information and address all the issues Honesty builds trust Avoidance, in whole or in part, may lead to continued or escalated problems or to the person having to seek information elsewhere and being misinformed You don't have to give every single detail, but cover the important points

Be patient.

Allow the other person to set a pace that's comfortable for him or her, formulate his or her thoughts and put those thoughts into words In some cases, the other person may need some time to absorb and reflect on what he or she has learned In this case you may need to continue the discussion later and address any lingering questions or issues

Be prepared for a negative response.

Remember that the issue may be difficult for the other person to deal with. You cannot control the other person's reactions, but you can anticipate them, and be emotionally ready.

Take a step back.

If the discussion is escalating into hostility, take a short break from it Agree on a set time to resume the discussion and be sure that you do

Copyright © 2020 LifeCare, Inc. All rights reserved.

This publication is for general informational purposes only and it is not intended to provide any reader with specific authority, advice or recommendations Where you deem necessary, we suggest that you seek advice regarding your particular situation from the appropriate professional

W E L C O M E ! N E W H I R E S

A U D I T

LA Staff

Michelle Marmolejo Senior Auditor

Rheymar Sanchez Senior Auditor Erika Miranda Senior Auditor

Nathaniel Sedano Senior Auditor

Jhelyn Raquepo Senior Auditor

Samuel Refuncion Senior Auditor

Jasmin Cang Senior Auditor

Frances Verastigue Senior Auditor

Kathleen Vale Senior Auditor

Remi Castillo Audit Supervisor Marc Bauzon Audit Supervisor

Mary Grace Blanco Senior Auditor

Angelo Parala Senior Auditor

Vanessa Japson Senior Audit Manager

Minbert Dimaala Senior Auditor

Jenica Vidallo Senior Auditor

Angie Narito Senior Audit Manager

Hing Gend Wan IT Audit Manager

Christian Cruz Audit Supervisor

Elena Kasilag Audit Supervisor

Myra Galve Audit Supervisor

Jennifer Magpantay Audit Supervisor

Davina Sumalinog Senior Auditor

Kent Ceracas Senior Auditor Sheila Ramos Senior Auditor

Edgardo Anenias Junior Auditor

Anna Patricia Veloso Junior Auditor

Ela Lavilla Junior Auditor

Joanne Mercado Junior Auditor

Teresa Sarmiento Junior Auditor

Diana Araracap Junior Auditor

Germaine Sakiwat Junior Auditor

Lamsey Sison Junior Auditor

John Karlo Caminero Junior Auditor

Aira Morgia Junior Auditor

Saimah Usop Junior Auditor

John Carlo Regaya Junior Auditor

Lloyd Losanta Junior Auditor

Deanna Balawang Junior Auditor

Shiela Francisco Junior Auditor

Evenelle Velasco Junior Auditor

Katrina Martinez Junior Auditor

Jenee Fritzie Garcia Junior Auditor

Christian Lidres Senior IT Auditor

JD Andres Senior IT Auditor

Mitch Dichoso Senior Auditor

Jan Louise Baronia Senior Auditor

Laureen Sanchez Senior Auditor

Rizbee Poblete Senior Auditor

Jessa Sarimo Senior Auditor

Jerico Bataanon Senior Auditor

Kenneth Bareng* Staff Auditor

Caroline Armitage* Staff Auditor

A C C O U N T I N G

A D M I N I S T R A T I O N

Laura McLaughlin* Interim Executive Assistant

Geli Matondo*

Licelle Capunitan Recruitment

Eunice Prado Human Resource Manager

Angelic Bernardo Junior Accountant

Rey Czar Pajara Accounting Supervisor

Jeanine Gayla Junior Accountant

Korina Castillo Junior Accountant

Jeanne Bernardo Junior Accountant

Kathylen Tagud Junior Accountant

Sharifa Taji Junior Accountant

Shaira Conos Junior Accountant

JM Torre* Senior Accountant

Rubilyn Latorino Accounting Supervisor

Jovie Tuliao Senior Accountant

Francis Eng* Staff Accountant

Geleen Young Experienced Accountant

H O W T O B E C O M E A C M A

For 50 years, the CMA (Certified Management Accountant) certification has been the global benchmark for management accountants and financial professionals. Why? Because CMAs can explain the "why" behind numbers, not just the "what." And that can give you greater credibility, higher earning potential, and ultimately a seat at the leadership table.

The path to the CMA is manageable. Watch this video to see what you can expect on your journey to certification

Enroll in the CMA Program

As an enrolled CMA candidate, you will also become an IMA member and enjoy many membership benefits

To earn the CMA, you'll need to meet the following requirements:

Hold an active IMA membership

Complete and pass Parts 1 and 2 of the CMA Exam.

Hold a bachelor's degree from an accredited college/university or a related professional certification (For details, please refer to the Education Qualification Section of the CMA Handbook.)

Abide by IMA's Statement of Ethical Professional Practice.

Have two continuous years of professional experience in management accounting or financial management. (Please refer to the Experience Qualification section of the CMA Handbook )

Register for the Exam

As a CMA candidate, you'll gain access to all the benefits of IMA membership. Enroll Now.

Plan to Complete Certification Requirements

As a CMA candidate, you'll gain access to all the benefits of IMA membership. Review CMA Requirements.

VASQUEZ IS THE RIGHT FIT FOR FEDERALLY QUALIFIED HEALTH CENTERS (FQHC)

Vasquez + Company LLP brings over 50 years of audit, accounting, tax, and consulting practice for FQHCs throughout the state.

We've helped over thirty (30) Federally Qualified Health Centers (FQHC), including AltaMed Health Services Corporation the largest independent FQHC in the nation, with our top quality service

Our professionals have the deep industry knowledge and experience that can help your organization maximize operational efficiency.

B I R T H D A Y S - L O S A N G E L E S

Wishing you all the best on your birthday and a wonderful year ahead

OCTOBER

NOVEMBER

DECEMBER

Gil Vasquez Elisa Stilwell

Cassandra Bae

Francis Eng Melissa Ojeda

Caroline AArmitage ndrea Bote

Cheng Portugal Eva Aquije

Rhoda Dollaga Anshul Verma

Cher Jiang

B I R T H D A Y S - M A N I L A

OCTOBER

NOVEMBER

Joper Del Rosario Micka Pena Vea Ricaborda

Kaiser ARuado ngelica Telan

Germaine Sikawat Jeanine Gayla Jennifer Magpantay

Jenee DGarcia avina Sumalinog

Aryana Martinez Pria Garduque Leah Regorgo

Maristel CCruz hristian Jandoc

Angelika Santiago Danica De Ocampo

Jonalie Lepon

Beatrice VMercado anessa Velasco

DECEMBER

Denice Abrenica Kristen Tucio Elijah Wanagen

Jay-ar EBalbuena J Santiago

Hazelene Ochate Mary Cahucom

Cristhel Rulona

Joana ELora mherson Corpuz

Rheymar Sanchez Nathaniel Sedano

Jeanne Bernardo Remi Castillo

Mark Gaviola Joy Moran Rosalie Erguiza

Myrene PDimasacat aul Madarang

Lamsey Sison

Teresa Sarmiento

Katrina Martinez

Hing Gend Wan

Rubilyn Latorino

H O L I D A Y S & E V E N T S

US INDIGENOUS PEOPLE'S DAY

A special day to honor the cultures and histories of the Native American people.

HISPANIC HERITAGE MONTH

Each year, Americans observe National Hispanic Heritage Month from September 15 to October 15, to honor the contributions of Hispanic Americans

VETERANS DAY

Honoring all who continue to serve their country.

THANKSGIVING DAY CELEBRATION

A time to give thanks for the harvest and spend time with family and friends.

BONIFACIO DAY

Bonifacio is considered as the Father of the Philippine Revolution against Spanish colonization.

FEAST OF THE IMMACULATE CONCEPTION

A day dedicated to the life of Jesus’ mother Mary The feast is held in honor of Mary.

CHRISTMAS DAY

Celebrated by one and all. Have a merry one everyone!

RIZAL DAY

To commemorate the life and works of Dr. José Rizal, a national hero of the Philippines.

C O N T I N U I N G E D U C A T I O N

Please

Q3

Q4

Partnerships/LLCs

The newly enacted Inflation Reduction Act of 2022 (IRA) includes a package of measures to fight climate change, including tax incentives for both consumers and businesses.

From clinical trial activity to capital markets, what's trending for life sciences businesses and what should leaders focus on?

Outsourcing non core functions gives businesses the ability to focus on customer service and business growth

The top four findings from a talent gap research survey commissioned by RSM and solutions for overcoming the talent gap challenges companies are facing.

T E S T I M O N I A L S

Here's what our clients shared about their experience with the Firm Thank you for all the hard work team!

Thank you guys for being so awesome to work with.

You did my 401(k) audit last year and you did such a great job.

I recommended you to corporate to do our audit again this year and maybe help with the all the audit.

Thank you for the presentation. It is a pleasure working with you and your team.

Please thank your entire staff that worked on the audit for us this year. Much appreciated.

I thank you and your team for the very hard but professional work you did.

It was a very hard and time consuming work, especially being that it is the first PCAOB audit for us, and the time was short. But you worked very hard, and I thank you sincerely.