The Next Generation

Page 2

FROM THE EDITOR

The end of another year is almost here, and as we celebrate this holiday season, we would like to take a few moments to recollect the events that transpired this year as you browse through the pages of this Christmas issue.

Inside this issue:

This year has been remarkable! It’s the birth year of ISFFA’s new chapter, a new avenue to reach out and assist not only Filipinos in Finance and Accounting but the entire community. It has been five months since San Francisco chapter was launched. Since then, the common word in mind is “to empower”, and thus, we “convey” this word as we continue to walk, reach out and spread the word about ISFFA. So far, we have been lucky to have gained traction and more supporters as time goes by.

Cover Story: ISFFA Mentor: Inspiring the Next Generation

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Mentoring Matters: The ISFFA Mentor

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Snapshots : The First Orientation

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ISFFA on the GO!

5

Career Path: Network with purpose and You won’t Get Worked Up

7

Members Corner: What Makes ISFFA Different?

8

Spotted... on the ISFFA Spotlight: CENTEX and Vicki Garchitorena

11

Tax Flash: 2012 Income Tax Updates

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Audit Flash: Final Report on IFRS Work Plan

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Finance Matters: Advisors Symposium 2012

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Money in Good Faith

15

The first Member-Mentor Orientation held in September allowed us to present our flagship programs in detail. We have been blessed by the support extended to us by PricewaterhouseCoopers, San Francisco in allowing us to use their facility. Our special thanks to Mr. Don Pintor, PwC Senior Manager and Mr. Rick Gutierrez , WuHoover Partner , in helping us making this event possible. Further, we have been invited to a number of events around the bay area by organizations with similar purposes as ours- East Meets West, Power Ng Pinoy, Filipina Women’s Network, Centexto name a few. Moving forward, we hope to be in continued partnership with organizations that provide any kind of help to Filipino communities. Most recently, a remarkable Tax Seminar was offered to the general “tax-filing” community. Our heartfelt gratitude to Tim Lanigan (Devry University), and of course our generous and gifted mentor, Mr. Danny Raval who offered his great talent and precious time to present important tax updates before the fiscal cliff. As you scan through the latter pages, you will find useful resources and informative articles from our contributors. We are forever grateful to Amy Hill (Robert Half International), John Marquez ( Digitalaga, Inc.) and again, Mr. Danny Raval (Liberty Tax) for their invaluable support. Another year is soon to end, but it’s not the culmination of our journey. Our goal- to empower- has just commenced this year and we hope you will join us as we continue our journey into 2013. In the meantime, let us all enjoy the holidays! Here’s wishing you a very prosperous 2013!

Managing Editor

Ryan Dumbrique Production Manager

Emily Enriquez-Patton Evelyn Torres Senior Editors

Rizza Velarde Melissa Garcia Shirley Bayani

Happy Holidays to All! Statements of fact and opinion are made by the authors alone and do not imply an opinion on the part of the officers and members of ISFFA. Articles in this publication contain information in summary form and are intended for general guidance only. They are not intended to be a substitute for detailed research nor the exercise of professional judgment. Neither ISFFA nor ISFFAn: The Next Generation can accept any responsibility for loss brought to any person acting or refraining from action as a result of any material in this publication. On any specific matter, reference should be made to an appropriate advisor.● Publication of an advertisement in the ISFFAn: The Next Generation does not constitute an endorsement of the product or service by ISFFA or ISFFAn: The Next Generation. ● 2

Lynmour Naira

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Section Editors

Danny Raval John Marquez Amy Hill Contributors

ISFFAn: The Next Generation


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