Echoes

Echoes The Official Publication of the Junior Philippine Institute of Accountants - University of San Carlos. For any questions or concerns, please leave us a message!

๐‚๐จ๐ง๐ ๐ซ๐š๐ญ๐ฎ๐ฅ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐ญ๐จ ๐จ๐ฎ๐ซ ๐ง๐ž๐ฐ ๐‚๐š๐ซ๐จ๐ฅ๐ข๐ง๐ข๐š๐ง ๐‚๐ž๐ซ๐ญ๐ข๐Ÿ๐ข๐ž๐ ๐๐ฎ๐›๐ฅ๐ข๐œ ๐€๐œ๐œ๐จ๐ฎ๐ง๐ญ๐ฌ (๐‚๐๐€๐ฌ)!The Professional Regulation Commission (PRC) has ...
03/06/2026

๐‚๐จ๐ง๐ ๐ซ๐š๐ญ๐ฎ๐ฅ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐ญ๐จ ๐จ๐ฎ๐ซ ๐ง๐ž๐ฐ ๐‚๐š๐ซ๐จ๐ฅ๐ข๐ง๐ข๐š๐ง ๐‚๐ž๐ซ๐ญ๐ข๐Ÿ๐ข๐ž๐ ๐๐ฎ๐›๐ฅ๐ข๐œ ๐€๐œ๐œ๐จ๐ฎ๐ง๐ญ๐ฌ (๐‚๐๐€๐ฌ)!

The Professional Regulation Commission (PRC) has officially released the results of the May 2026 Licensure Examination for Certified Public Accountants (CPALE), which posted a national passing rate of ๐Ÿฏ๐Ÿฌ.๐Ÿด๐Ÿฏ%.

The University of San Carlos recorded an overall passing rate of ๐Ÿฐ๐Ÿฎ.๐Ÿด๐Ÿฒ%, producing ๐Ÿ๐Ÿ“ new Carolinian CPAs.

As Batch Arcus continues to embody its motto, โ€œ๐‘จ๐’๐’˜๐’‚๐’š๐’” ๐’•๐’ ๐‘ฎ๐’“๐’†๐’‚๐’•๐’†๐’“ ๐‘ฏ๐’†๐’Š๐’ˆ๐’‰๐’•๐’”,โ€ this milestone stands as a testament to the dedication, perseverance, and excellence of our newest accounting professionals.

Layout by Sam Fabunan

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๐Ÿ”— ๐—˜๐—ฐ๐—ต๐—ผ๐—ฒ๐˜€: https://www.facebook.com/echoesuscjpia

๐“๐š๐ข๐ฅ๐จ๐ซ๐ž๐ ๐Ÿ๐จ๐ซ ๐“๐ซ๐ข๐ฎ๐ฆ๐ฉ๐ก: ๐“๐ก๐ž ๐๐’๐Œ๐€ ๐‚๐ฎ๐ฅ๐ฆ๐ข๐ง๐š๐ญ๐ข๐จ๐ง ๐Ÿ๐จ๐ซ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐š๐ง๐ ๐’๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ๐–ป๐—’ ๐–ฆ๐–พ๐—‹๐–บ๐— ๐–ฉ๐–บ๐—†๐—ˆThe culmination of months of learning, gro...
01/06/2026

๐“๐š๐ข๐ฅ๐จ๐ซ๐ž๐ ๐Ÿ๐จ๐ซ ๐“๐ซ๐ข๐ฎ๐ฆ๐ฉ๐ก: ๐“๐ก๐ž ๐๐’๐Œ๐€ ๐‚๐ฎ๐ฅ๐ฆ๐ข๐ง๐š๐ญ๐ข๐จ๐ง ๐Ÿ๐จ๐ซ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐š๐ง๐ ๐’๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ
๐–ป๐—’ ๐–ฆ๐–พ๐—‹๐–บ๐— ๐–ฉ๐–บ๐—†๐—ˆ

The culmination of months of learning, growth, and professional development was celebrated through "Tailored for Triumph: The BSMA STP Culmination," an event dedicated to recognizing the achievements and experiences of the Bachelor of Science in Management Accounting (BSMA) fourth year students who successfully completed their Student Training Program (STP).

Before the formal program commenced, attendees were welcomed with a lunch buffet, providing an opportunity for students, faculty members, and partner representatives to connect and celebrate together. Participants also enjoyed the event's photobooths, capturing memorable moments and commemorating a significant milestone in their academic journey.

The program was hosted by Peter Adonis and Sofia Payod, who guided the audience through an afternoon filled with inspiring messages, meaningful reflections, engaging performances, and well-deserved recognition. After the opening preliminaries, Dr. Challoner Matero delivered the opening remarks, warmly welcoming the attendees and setting the tone for the celebration. He emphasized the significance of the occasion as a milestone that recognized the students' hard work, growth, and accomplishments throughout their internship journey. He also encouraged the students to carry the Carolinian values of Scientia, Virtus, et Devotio in everything they do and wherever their future endeavors may lead them, especially as they prepare to graduate and enter the professional world.

Following his message, Dean Julius Relampagos delivered his congratulatory remarks to the BSMA students for the successful completion of their On-the-Job Training (OJT). He highlighted that internships serve as a vital bridge between academic learning and real-world application, allowing students to translate classroom knowledge into practical experience. Dean Relampagos further noted that through their internship experiences, students had developed the adaptability, technical skills, and professional mindset necessary to navigate workplace environments effectively.

To foster camaraderie and reflection among the attendees, the program proceeded with interactive activities, including games such as Never Have I Ever and an open sharing session where students recounted memorable experiences, challenges, and lessons learned from their respective workplaces.

Thereafter, Mr. Arvin Suralta, Assistant Chairperson of the Department of Accountancy, discussed the graduating programs offered by the department. He provided an overview of the curriculum, syllabus, and core competencies associated with each program, giving students a clearer understanding of the academic and professional expectations that lie ahead.

This was followed by a presentation from Ms. Marilyn Cortes, the STP Overall Coordinator, who discussed the results of the evaluation assessments submitted by partner companies regarding the performance of student interns. While she acknowledged that some results fell below the departmentโ€™s desired standards, she emphasized that the assessments served as valuable indicators of areas for improvement. Her discussion encouraged students to view feedback as an opportunity for continuous growth and professional development.

Subsequently, Mr. Vicente Marabilla Jr. presented the rationale and intended outcomes of the graduating programs. Through a comprehensive discussion, he illustrated the vertical alignment of the programs with the universityโ€™s mission and vision. He also emphasized how students can embody and strengthen their Carolinian identity while pursuing their professional aspirations.

Following the awarding of certificates and tokens of appreciation to the guest speakers, selected students were invited to share their internship experiences. Student speakers Elijah Bustamante and Nico Sumalpong reflected on how their OJT journeys shaped them not only academically and professionally but also personally. They shared meaningful discoveries, valuable lessons, and memorable experiences that left a lasting impact on their character and perspective.

The audience was then treated to an electrifying performance by Odyssey, featuring fourth-year members. Their dynamic choreography, energy, and commanding stage presence captivated the crowd and added excitement to the program.
The next segment featured Mr. Noel Rusiana, representative of Muntuerto Almendras Veloso and Company, who shared inspiring insights about the growth students experience during their transition from unfamiliar internship environments to becoming graduating students prepared for greater responsibilities. He also discussed the increasing role of automation in the workplace and encouraged future professionals to utilize technological advancements responsibly, effectively, and ethically.

Subsequent to his presentation, Ms. Janra De Lara, proxy representative of Terre dโ€™Or Realty Corporation, delivered a message on behalf of Mr. Louis Cabigon. She began by highlighting the longstanding partnership between the company and the department. Through years of collaboration, the company has witnessed numerous student interns grow into capable young professionals who understand the complexities and demands of the workplace. She further elaborated on how the internship experience helps students cultivate discipline, professionalism, and practical skills while learning the intricacies of their respective roles.

After the speakers were formally recognized and awarded, the program proceeded with the presentation of special awards to students who achieved exceptional accomplishments during their internship period. This was followed by the awarding of certificates and tokens of appreciation to the partner companies in recognition of their invaluable support and commitment to mentoring BSMA students throughout their OJT journey.

The program concluded with the closing remarks delivered by Marie Bernadine Ylaya, Overall STP Head. In her message, she reflected on the remarkable journey of the student internsโ€”from their initial uncertainties and challenges to the growth, resilience, and accomplishments they achieved throughout their training. She commended the students for their perseverance and dedication, expressing confidence that the knowledge, skills, and experiences they gained would serve as a strong foundation as they move forward into the next chapter of their academic and professional lives.

Following the closing remarks, attendees gathered for a photo opportunity to commemorate the successful culmination of the Student Training Program. Students, faculty members, guest speakers, and partner company representatives captured memorable moments together, marking the end of a meaningful celebration of growth, achievement, and collaboration.

As the event came to a close, Tailored for Triumph: The BSMA STP Culmination stood as a testament to the professionalism demonstrated by the BSMA students throughout their internship journey. More than a recognition of completed requirements, the culmination celebrated the valuable experiences, skills, and lessons gained along the way. As the students prepare to embark on the next chapter of their academic and professional pursuits, they carry with them the knowledge, confidence, and Carolinian values that will guide them toward future success.

Photos by John Blaise Garde

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๐—˜๐—ฐ๐—ต๐—ผ๐—ฒ๐˜€: https://www.facebook.com/echoesuscjpia

With faith as their foundation and perseverance as their strength, ๐๐š๐ญ๐œ๐ก ๐€๐ซ๐œ๐ฎ๐ฌ ๐จ๐Ÿ๐Ÿ๐ข๐œ๐ข๐š๐ฅ๐ฅ๐ฒ ๐›๐ž๐ ๐ข๐ง๐ฌ ๐ญ๐ก๐ž๐ข๐ซ ๐‚๐๐€๐‹๐„ ๐ฃ๐จ๐ฎ๐ซ๐ง๐ž๐ฒ. ๐Ÿ™โœจ...
29/05/2026

With faith as their foundation and perseverance as their strength, ๐๐š๐ญ๐œ๐ก ๐€๐ซ๐œ๐ฎ๐ฌ ๐จ๐Ÿ๐Ÿ๐ข๐œ๐ข๐š๐ฅ๐ฅ๐ฒ ๐›๐ž๐ ๐ข๐ง๐ฌ ๐ญ๐ก๐ž๐ข๐ซ ๐‚๐๐€๐‹๐„ ๐ฃ๐จ๐ฎ๐ซ๐ง๐ž๐ฒ. ๐Ÿ™โœจ

Before facing one of the biggest milestones of their lives, they first gathered in prayer through a thanksgiving mass on May 15, 2026, entrusting everything to Him and embracing whatever outcome the examination may bring. From May 24โ€“26, they courageously faced the challenge of earning the CPA title with determination, resilience, and unwavering faith. ๐Ÿ“šโœ๏ธ

Behind every smile captured in these moments are sleepless nights, countless sacrifices, endless effort, and silent battles fought while preparing for this examination. As they take one step closer to their dreams, may they always remember that their hard work and perseverance are victories in themselves. ๐Ÿ’™

โ€œ๐˜ผ๐™ก๐™ฌ๐™–๐™ฎ๐™จ ๐™ฉ๐™ค ๐™‚๐™ง๐™š๐™–๐™ฉ๐™š๐™ง ๐™ƒ๐™š๐™ž๐™œ๐™๐™ฉ๐™จ.โ€ ๐Ÿนโœจ

May this journey be another step closer to the dreams you have long prayed and worked for.

Padayon, future CPAs! Batch Arcus, your efforts will never go unnoticed. ๐Ÿค

Photos courtesy of USC IRC Board of Operations

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๐Ÿ”— ๐—˜๐—ฐ๐—ต๐—ผ๐—ฒ๐˜€:
https://www.facebook.com/echoesuscjpia

๐“๐ก๐ž ๐๐ฌ๐ฒ๐œ๐ก๐จ๐ฅ๐จ๐ ๐ฒ ๐จ๐Ÿ ๐๐ก๐ข๐ฅ๐ข๐ฉ๐ฉ๐ข๐ง๐ž ๐๐จ๐ฅ๐ข๐ญ๐ข๐œ๐š๐ฅ ๐ˆ๐๐จ๐ฅ๐š๐ญ๐ซ๐ฒ๐˜ฃ๐˜บ ๐˜’๐˜ข๐˜ณ๐˜ญ๐˜ข ๐˜ˆ๐˜ฏ๐˜ฅ๐˜ณ๐˜ฆ๐˜ข ๐˜ˆ๐˜ณ๐˜ฑ๐˜ช๐˜ญ๐˜ญ๐˜ฆ๐˜ฅ๐˜ขWhen we discuss Philippine politics, our debates...
28/05/2026

๐“๐ก๐ž ๐๐ฌ๐ฒ๐œ๐ก๐จ๐ฅ๐จ๐ ๐ฒ ๐จ๐Ÿ ๐๐ก๐ข๐ฅ๐ข๐ฉ๐ฉ๐ข๐ง๐ž ๐๐จ๐ฅ๐ข๐ญ๐ข๐œ๐š๐ฅ ๐ˆ๐๐จ๐ฅ๐š๐ญ๐ซ๐ฒ
๐˜ฃ๐˜บ ๐˜’๐˜ข๐˜ณ๐˜ญ๐˜ข ๐˜ˆ๐˜ฏ๐˜ฅ๐˜ณ๐˜ฆ๐˜ข ๐˜ˆ๐˜ณ๐˜ฑ๐˜ช๐˜ญ๐˜ญ๐˜ฆ๐˜ฅ๐˜ข

When we discuss Philippine politics, our debates usually center on law and governance, morality and ethics, accountability and responsibility. We trade facts, analyze policies, and argue over ethics. Yet, we rarely talk about psychologyโ€”specifically, how the human mind behaves when it comes to politics.

The uncomfortable truth is that people are not purely rational beings. We like to believe that our political choices are based entirely on facts, platforms, and intelligence, but our beliefs are shaped not only by information but also by emotion, identity, culture, values, upbringing, and personal experience.

To understand why political fanaticism persists, we must look beyond political platforms and examine the emotional forces shaping our political behavior because political idolatry does not emerge from ignorance alone.

One reason political attachment becomes so intense is that politics has increasingly become a form of social identity. Under Social Identity Theory, people naturally divide the world into โ€œusโ€ and โ€œthem,โ€ forming emotional attachment to groups they feel they belong to. In our political landscape, this appears through rigid polarization: DDS versus Kakampink, Duterte versus Marcos, โ€œyellowโ€ versus โ€œred.โ€ Political camps no longer function merely as ideological groups; they become emotional communities people identify with or see themselves in.

When politics becomes identity, criticism of a politician no longer feels like ordinary political disagreement. It can feel like a direct attack on oneโ€™s intelligence, values, morals, and lived experience. People are not only defending politicians; often, they are defending a part of themselves.

Politicians actively cultivate this attachment. Campaign slogans, colors, hand signs, jingles, and narratives are carefully designed not only to persuade voters but to make them feel emotionally attached to a movement. Political branding creates a sense of collective belonging powerful enough to transform supporters into loyal defenders.

And once emotional identity becomes fused with political loyalty, rational discourse becomes increasingly difficult. Political disagreement stops feeling political. It also becomes deeply personal. But identity alone does not explain political idolatry. Poverty and survival shape political behavior just as strongly as emotion does.

For the millions of Filipinos living in systemic poverty and uncertainty, politics is never an abstract ideologyโ€”it is immediate survival. It means food on the table today, ayuda during crises, medical assistance, employment opportunities, or the hope of escaping poverty itself.

People living in survival mode cannot afford the luxury of analyzing long-term governance reforms. They prioritize immediate relief over distant promises of reform because survival itself demands immediacy. When daily life is consumed by financial instability, abstract conversations about institutions or policy become distant compared to immediate assistance or emotional reassurance. Understanding this reality does not excuse patronage politics or vote-buying or uninformed voting, but it helps explain why they continue to persist.

Politicians understand this vulnerability well. Rather than strengthening institutions that guarantee public welfare regardless of political loyalty, many politicians personalize public service around themselves. Relief goods, scholarships, medical assistance, and government projects are repeatedly branded with political names and faces, subtly transforming public service into emotional indebtedness or utang na loob.

As a result, citizens gradually begin associating survival not with institutions, but with the perceived generosity of these individual politicians. Political loyalty becomes inherited across families and communities, helping sustain political dynasties generation after generation.

At the same time, Philippine politics is also deeply shaped by our family-centered culture. We do not merely elect administrators; often, we unconsciously look for protectors. The state itself becomes imagined as an extension of the household. This reflects cognitive scientist George Lakoffโ€™s โ€œNation as Familyโ€ model, where people understand governments through familial roles and parenting dynamics.

This is visible in the way politicians present themselves to the public. Former President Rodrigo Duterteโ€™s "Tatay Digong" persona perfectly embodied the strict and authoritative father figure who promised discipline, order, and protection through force. On the other hand, former Vice President Leni Robredo became associated with the image of the "Ina ng Bayan", reflecting empathy, nurturing care, and community-centered leadership.

These political archetypes are emotionally powerful because they feel psychologically familiar. Politicians no longer appear as distant public servants, but as parental figures tied to our understanding of authority, safety, care, and love.

And this is precisely why political debates become intensely emotional. When people defend political figures, they are often defending more than policy platforms. They are defending their understanding of discipline, protection, morality, leadership, and the values they were raised to believe in. To reject a political figure can sometimes feel psychologically similar to rejecting oneโ€™s own worldview.

But what happens when these figures fail or disappoint us?

This is where political idolatry becomes even more difficult to dismantle. When a leader violates the virtues that supporters once associated with them, admitting disappointment becomes psychologically painful. It is often easier to defend the politician, dismiss criticism as propaganda, or blame external enemies than confront the possibility that oneโ€™s belief may have been misplaced. In many cases, defending the politician also becomes a way of defending oneโ€™s own ego and emotional investment.

Social media intensifies this phenomenon further. Algorithms reward outrage, tribalism, certainty, and emotionally charged content because these generate engagement. Over time, political spaces online become echo chambers where disagreement begins to feel like betrayal, and misinformation slowly transforms into perceived truth through repetition.

Politics then starts functioning less like civic engagement and more like fandom culture. Politicians become brands, emotional symbols, and personalities rather than public servants open to criticism. Campaign rallies resemble concerts, political jingles become trends, and supporters begin treating political criticism as personal hostility rather than democratic accountability. The political question slowly shifts from โ€œWhat policies did they implement?โ€ to โ€œHow do they make me feel?โ€

Despite all this, most people genuinely desire progress, security, and change. People cling to politicians because they cling to hope. And hope is painfully difficult to surrender, especially for those who have emotionally invested years believing in promises of protection, reform, or national redemption. Even after repeated disappointment, many continue believing because abandoning the politician may also mean abandoning years of emotional investment, identity, and hope itself.

This is what makes political idolatry so powerful. It is not purely intellectual. It is emotional, psychological, cultural, and systemic all at once.

If we truly want to break this cycle, then our approach to civic engagement must also change.

Political discourse cannot remain an endless cycle of intellectual shouting matches where people weaponize facts, insults, and moral superiority against one another while ignoring the emotional and material realities shaping political behavior. Shame alone will never dismantle an identity built on fear, survival, belonging, and hope. More often, it only hardens the psychological walls between us.

Perhaps political conversations must become less about immediate attack and more about genuine curiosity, not merely asking what people believe, but understanding why they believe it. Understanding the psychology behind political attachment does not mean tolerating corruption, misinformation, or fanaticism. Rather, it allows us to engage with one another more honestly and humanely instead of reducing political disagreement into hatred and dehumanization.

At the same time, awareness of these emotional and psychological influences does not excuse the choices we make as citizens. Recognizing that our beliefs are shaped by identity, fear, upbringing, or survival should not remove personal responsibility; if anything, it demands greater self-awareness. Democracy requires citizens willing not only to question politicians, but also to question themselves.

We must strengthen institutions over personalities and demand a system where public service is treated as a right, not a favor granted by political patrons.

Politicians will come and go. Campaigns will rise and collapse. But democracy becomes fragile the moment politicians become figures too sacred to question.

Our loyalty should never rest on political idols. It should belong to the nation, its people, and the democratic principles meant to protect both.

Layout by: Queenie Villarmino

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๐‹๐ž๐š๐๐ข๐ง๐  ๐ญ๐ก๐ž ๐–๐š๐ฒ ๐ญ๐จ ๐š ๐’๐ข๐ ๐ฎ๐‘๐„๐€๐ƒ๐˜ ๐…๐ฎ๐ญ๐ฎ๐ซ๐žThe road to having a better future starts with not just being informed but also fin...
19/05/2026

๐‹๐ž๐š๐๐ข๐ง๐  ๐ญ๐ก๐ž ๐–๐š๐ฒ ๐ญ๐จ ๐š ๐’๐ข๐ ๐ฎ๐‘๐„๐€๐ƒ๐˜ ๐…๐ฎ๐ญ๐ฎ๐ซ๐ž

The road to having a better future starts with not just being informed but also financially prepared. SiguREADY, held on May 8, 2026, was a meaningful event that captured the essence of bringing awareness as to how government agencies like PhilHealth, Pag-IBIG, SSS, and GSIS will serve as the foundation for your future.

Spearheaded by Aeterna, the event was crafted to ensure the event flow was seamless, showcasing a level of dedication and organization that made this yearโ€™s celebration stand out as the best one yet. Along with careful and intentional planning, each discussion of the topics was carried out thoroughly and was evident in every detail, truly making complex social security topics easy for everyone to grasp.

Divided into clusters of four, SSS, GSIS, PhilHealth, and Pag-IBIG, their creativity did not fall short but instead produced high quality informative outputs. Every video presented from these clusters were not only informative, but also set a new standard for excellence. By way of innovative storytelling partnered with high-quality production, each group showcased the true essence and significance of being SiguREADY as they made the lessons on financial protection both engaging and unforgettable.

With their skillful blending of their technical accuracy and artistic flair, it indicates that they are not just an audience but rather true advocates for financial literacy. This SiguREADY journey is about more than just a presentation, itโ€™s about starting your professional chapter with the right tools to stay protected.

Photos by: Yuan Abanto

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๐Ÿ”— ๐—˜๐—ฐ๐—ต๐—ผ๐—ฒ๐˜€:
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๐—จ๐—ฆ๐—–-๐—๐—ฃ๐—œ๐—” ๐—ฎ๐—ป๐—ฑ ๐—ฆ๐—š๐—ฉ & ๐—–๐—ผ. ๐—–๐—ผ๐—ป๐˜ƒ๐—ฒ๐—ป๐—ฒ ๐—ณ๐—ผ๐—ฟ ๐—”๐˜๐—น๐—ฎ๐˜€ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ”USC-JPIA, in collaboration with SGV & Co., hosted the event ๐‘จ๐’•๐’๐’‚๐’” last May ...
14/05/2026

๐—จ๐—ฆ๐—–-๐—๐—ฃ๐—œ๐—” ๐—ฎ๐—ป๐—ฑ ๐—ฆ๐—š๐—ฉ & ๐—–๐—ผ. ๐—–๐—ผ๐—ป๐˜ƒ๐—ฒ๐—ป๐—ฒ ๐—ณ๐—ผ๐—ฟ ๐—”๐˜๐—น๐—ฎ๐˜€ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ”

USC-JPIA, in collaboration with SGV & Co., hosted the event ๐‘จ๐’•๐’๐’‚๐’” last May 9, centered on the theme, โ€œ๐™ˆ๐™–๐™ฅ๐™ฅ๐™ž๐™ฃ๐™œ ๐™‚๐™ง๐™š๐™–๐™ฉ๐™ฃ๐™š๐™จ๐™จ, ๐˜พ๐™๐™–๐™ง๐™ฉ๐™ž๐™ฃ๐™œ ๐™‰๐™š๐™ฌ ๐˜ฝ๐™š๐™œ๐™ž๐™ฃ๐™ฃ๐™ž๐™ฃ๐™œ๐™จ.โ€ The day-long event, held at the SGV Cebu Office in Cebu City, featured a FAR and Audit Quizbowl that brought together the brightest accounting minds for a competitive display of technical proficiency.

The morning commenced with the usual formalities and an opening remark from Ervi Doble. Zoe Austral then took the floor to explain the purpose of Atlas, setting the tone for the day's intellectual rigors. The session then followed an insightful talk by Rogelio Talaba II.

Shortly after, the Financial Accounting and Reporting (FAR) Cup kicked off, led by Quizmaster Joemel Dakay. During the competition, a notable protest arose from Lance Almocera regarding the hierarchy of accounting literature for intangible assets. While Arbiter Rogelio Talaba II initially directed the interpretation toward the Conceptual Framework, a sharp technical deliberation followed. The resolution ultimately upheld Almoceraโ€™s position: in the event of a conflict, the specific provisions of the Philippine Financial Reporting Standards (PFRS) override the Conceptual Framework for Financial Reporting (CFAS).

Another pivotal moment involved a protest from Team C2 regarding the recording of bond interest payments. Arbiters Tristan Roslinda and Joseph Armilla clarified that while the stated rate is on the bond, the market (effective) rate dictates the recording on the balance sheet, citing PFRS 9.

๐…๐€๐‘ ๐‚๐ฎ๐ฉ ๐–๐ข๐ง๐ง๐ž๐ซ๐ฌ:

โ€ข ๐—–๐—ต๐—ฎ๐—บ๐—ฝ๐—ถ๐—ผ๐—ป: We Live in Accrual World
(Lance Almocera & Jeremias Mapula)

โ€ข ๐Ÿ๐˜€๐˜ ๐—ฅ๐˜‚๐—ป๐—ป๐—ฒ๐—ฟ ๐—จ๐—ฝ: Got It Right
(Kent Anthony Bere & Karl Jakob Puerto)

โ€ข ๐Ÿ๐—ป๐—ฑ ๐—ฅ๐˜‚๐—ป๐—ป๐—ฒ๐—ฟ ๐—จ๐—ฝ: Flying Lions
(Lenz Teotist Gajudo & Jaspher Willkom)

During lunch break, students were treated to an immersive firm tour and lunch hosted by SGV & Co., where John Philipe Castro and the SGV team introduced the participants to the firmโ€™s history, working environment, and the realities of working in a top accounting firm.

The afternoon session opened with encouraging words from Adam Dicdican and a talk by former Carolinian JPIAn, Robyn Uy, who shared insights into the professional world of auditing.

The Audit Cup then commenced, reaching a fever pitch as several teams demonstrated exceptional technical mastery, frequently achieving a unanimous consensus on correct answers throughout the early stages. The competition was highlighted by incredible "Perfect Rounds": Team Prepared by Milky Secuya sweeping the Easy Round with a perfect 30 points, followed by Team A1 delivering a flawless 60-point performance in the Average Round.

๐€๐ฎ๐๐ข๐ญ ๐‚๐ฎ๐ฉ ๐–๐ข๐ง๐ง๐ž๐ซ๐ฌ:

โ€ข ๐—–๐—ต๐—ฎ๐—บ๐—ฝ๐—ถ๐—ผ๐—ป: A1
(Jeralene Martha Daclan & Gabriel Niรฑo Orcullo)

โ€ข ๐Ÿ๐˜€๐˜ ๐—ฅ๐˜‚๐—ป๐—ป๐—ฒ๐—ฟ ๐—จ๐—ฝ: Prepared by Milky Secuya
(Jose Vivencio Ojales & Christian Clark Ontog)

โ€ข ๐Ÿ๐—ป๐—ฑ ๐—ฅ๐˜‚๐—ป๐—ป๐—ฒ๐—ฟ ๐—จ๐—ฝ: The Qualified Opinion
(Loura Mae Leala & Cyrus Wally Socias)

The event concluded with an inspiring message from the event head, Ervi Doble, who noted that "Atlas is more than a phraseโ€”it is a call to action where students are empowered to lead, learn, and inspire."

Photos by Shanin Subang

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๐—จ๐—ฆ๐—–-๐—๐—ฃ๐—œ๐—”โ€™๐˜€ ๐Ÿญ๐Ÿฌ๐—ง๐—› ๐—”๐—ฐ๐—ฐ๐—ผ๐˜‚๐—ป๐˜๐—ฎ๐—ป๐—ฐ๐˜† ๐—ฎ๐—ป๐—ฑ ๐—•๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—–๐—ผ๐—ป๐˜ƒ๐—ฒ๐—ป๐˜๐—ถ๐—ผ๐—ป: ๐—•๐˜‚๐—น๐—ถ๐—ฑ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—™๐—ผ๐˜‚๐—ป๐—ฑ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—™๐˜‚๐˜๐˜‚๐—ฟ๐—ฒ๐˜ฃ๐˜บ ๐˜›๐˜ฉ๐˜ช๐˜ข ๐˜›๐˜ข๐˜ฏA Pillar, as defin...
10/05/2026

๐—จ๐—ฆ๐—–-๐—๐—ฃ๐—œ๐—”โ€™๐˜€ ๐Ÿญ๐Ÿฌ๐—ง๐—› ๐—”๐—ฐ๐—ฐ๐—ผ๐˜‚๐—ป๐˜๐—ฎ๐—ป๐—ฐ๐˜† ๐—ฎ๐—ป๐—ฑ ๐—•๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—–๐—ผ๐—ป๐˜ƒ๐—ฒ๐—ป๐˜๐—ถ๐—ผ๐—ป: ๐—•๐˜‚๐—น๐—ถ๐—ฑ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—™๐—ผ๐˜‚๐—ป๐—ฑ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—™๐˜‚๐˜๐˜‚๐—ฟ๐—ฒ
๐˜ฃ๐˜บ ๐˜›๐˜ฉ๐˜ช๐˜ข ๐˜›๐˜ข๐˜ฏ

A Pillar, as defined by the Cambridge Dictionary, is a โ€œstrong column that supports part of a building.โ€ Likened to pillars upholding the strength and stability of a structure, the accountancy profession is sustained by individuals who exemplify competence, integrity, innovation, and service to the community. However, a single pillar cannot sustain the weight of an entire foundation. It is through collaboration and the collective effort of educators, industry leaders, professionals, and the young aspiring accountants to continuously strengthen and uphold a profession built on trust and responsibility.

Last Monday, May 4, 2026, the University of San Carlos โ€“ Junior Philippine Institute of Accountants successfully held the 10th Accountancy and Business Convention (ABC) entitled โ€œPillars of Progress: Strengthening Learning, Research, and Service for Sustainable Development.โ€ From 8:00 in the morning to the conclusion of the program at 5:00 in the afternoon, the Mahogany Hall of the IEC Convention Center Cebu transformed into an epicenter of knowledge-sharing, innovation, and inspiration. Bringing together students, professionals, educators, and industry leaders, the convention became a venue where ideas were exchanged and experiences were shared. To students, the 10th ABC was a crucial step in establishing their own foundations as future accountants and business professionals to become true pillars of progress in society.

In his opening remarks, the Department of Accountancy Chair, Dr. Challoner A. Matero, CPIA, CIA, MMBM, stated that โ€œProgress has 3 Pillars: Learning, Research, and Service.โ€ Throughout the event, these three pillars of progress were continuously fortified as each guest speaker graced the stage with their talks, solidifying the audienceโ€™s knowledge and understanding in the field of accountancy and business. Furthermore, the students were called to not merely prepare for their careers but to also build competence, ethical responsibility, and foster a commitment to nation building through this event. Adding inspiration to the event was Dr. Noe G. Quiรฑanola, CPA, Chairman of the Professional Regulatory Board of Accountancy, who reminded students that integrity remains the soul of the profession and is never optional. He stressed that the future demands leaders who embody accountability, transparency, and ethical leadership amidst rapidly evolving challenges in governance and business. His message encouraged participants to become more than accountants, but also innovators and transformative leaders capable of creating meaningful impact in society.

To set the tone for a day filled with knowledge, the first learning opportunity featured motivational speaker Nikki โ€œNFGโ€ Jurado, who energized the audience through a discussion focused on mindset and financial success. Through the question, โ€œGusto niyo ba yumaman?โ€, she captured the attention of every student in the hall while challenging them to think beyond simply earning money and instead think about โ€œwho makes the money.โ€ For the second learning opportunity, Mr. Dwayne Justin Ignacio introduced the upcoming implementation of IFRS 18, focusing primarily on changes in the presentation and disclosure of financial statements. He explained how classifications such as โ€œOthersโ€ will become more structured and emphasized the importance of adapting to evolving reporting standards to ensure transparency and comparability in financial reporting.

From money talks and IFRS updates in the morning, the afternoon session shifted toward entrepreneurship and leadership discussions, beginning with the roundtable discussion featuring Ms. Faye Loraine Micabalo-Amaya CPA, founder of Coffee Postal, and Ms. Mikee Morado of Aerophone Enterprises. Ms. Amaya encouraged students to โ€œstart smallโ€ and emphasized that success comes with societal responsibility, perseverance, and purpose-driven entrepreneurship. Meanwhile, Ms. Morado highlighted the importance of mission-driven growth, sharing that success is โ€œ10% idea and 90% mission,โ€ while discussing the challenges of leadership, people management, and transitioning from being a doer to an empowering leader. Reflecting on the growth of Aerophone Enterprises from a single branch in Raintree Mall to hundreds of stores nationwide, she emphasized how reflection, and purpose contribute to sustainable progress.

The convention also provided students with timely updates in taxation through the session led by Atty. Bernardino Amago IV, CPA. He noted how taxes affect everyone and discussed current developments in taxation policy, including topics such as de minimis benefits and their implications in practice. His discussion reinforced the relevance of taxation not only in business but also in everyday life.

Concluding the learning opportunities was Mr. Gil Buenavista, CPA, whose talk focused on understanding risks in the digital age. Describing himself humorously as a โ€œprofessional overthinker,โ€ he discussed how leaders set the tone for effective risk management within organizations. He also addressed the growing role of artificial intelligence and how professionals must learn to adapt responsibly to technological advancements while maintaining sound judgment and ethical decision-making.

Aside from becoming a beacon of learning, the convention also aimed to bring like-minded individuals and aspirants together. A key instrument to making this possible was the ABC Bingo Cards which gave participants not only the opportunity to win special prizes, but also to create meaningful connections and professional networks essential to aspiring professionals. The USC-JPIA also engaged its audience with raffle draws and giveaways keeping the energy highly interactive throughout the convention.

To spectacularly conclude the 10th Accountancy and Business Convention, the audience was treated to an electrifying dance performance from Odyssey, alongside talented singers, Shaniah Bernadeth Flores, Kim Mary Samantha Endino, Francine Carla Mae Pasaylo, and KHOBEE, who serenaded participants with heartfelt musical numbers that brought the event to a memorable and uplifting close.

As the curtains closed on the 10th Accountancy and Business Convention, the pillars that once stood merely as the theme of the event had transformed into something no longer symbolic, but deeply embedded. Through every lecture delivered, every story shared, every conversation exchanged, and every connection formed within the Mahogany Hall, the convention reminded participants that the future of the profession does not rest upon a single individual, but upon a collective foundation strengthened by integrity, competence, innovation, and service. As Adeleโ€™s lyrics, โ€œAnd if this is the last night with you,โ€ echoed through the venue, the moment became a reflection of the lessons, and aspirations that each participant would carry forward as future pillars of progress in the accountancy and business profession.

Photos by Robert Hibanada & Cheska Bontuyan

Stay connected with us! ๐Ÿ”—
๐—˜๐—ฐ๐—ต๐—ผ๐—ฒ๐˜€: https://www.facebook.com/echoesuscjpia

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