PROFIT
3Ps to Sustainability
Letran Gym | 1:00-4:00PM
Last September 14, 2012 the SWP students of Colegio de San Juan de Letran conducted a grand convention entitled “3P’s to sustainability.” After the first part of the convention, we all headed to our split sessions, the financial management students had the opportunity to focus on one the triple bottom line which is Profit.
The first speaker Mr. Wilson Tan, the lead partner in IFRS, and head the firm’s accounting standard group in SGV & Co. his topic is all about “Maximizing Business Profitability in the Philippines”. He focused on the “Transparency of Profit in Financial Statements”. He had discussed to us that the profits of the company need to be for real, not just some imaginary or edited budget that the company wants to show. In these, he had taken up about financial reporting and how his company SGV took concern of the presentation of the financial statements is fairly presented. All in all he had taught us to be honest, transparent and happy with our job especially when our job is focusing in the financial department.
The second speaker Mr. Arman Cruz is a lecturer, educator, panellist, consultant and a seminar trainer speaker of various institutions. Some of these were AMA education system, STI College, Santa Isabel College, Adamson University, and AMA computer learning center franchised group. He is currently a projektgrutte Malabon Foundation – a college scholarship program in the Philippines by the German benefactors. He had talk about “Economic Development”, he had discussed that the economic development is about the quantity and quality on how the progress can be. He had talk about the environment connecting to profit.
The seminar was successfully done despite to the problems the group had encountered before the program. We were able to overcome the challenges and made the program well done.
The first speaker Mr. Wilson Tan, the lead partner in IFRS, and head the firm’s accounting standard group in SGV & Co. his topic is all about “Maximizing Business Profitability in the Philippines”. He focused on the “Transparency of Profit in Financial Statements”. He had discussed to us that the profits of the company need to be for real, not just some imaginary or edited budget that the company wants to show. In these, he had taken up about financial reporting and how his company SGV took concern of the presentation of the financial statements is fairly presented. All in all he had taught us to be honest, transparent and happy with our job especially when our job is focusing in the financial department.
The second speaker Mr. Arman Cruz is a lecturer, educator, panellist, consultant and a seminar trainer speaker of various institutions. Some of these were AMA education system, STI College, Santa Isabel College, Adamson University, and AMA computer learning center franchised group. He is currently a projektgrutte Malabon Foundation – a college scholarship program in the Philippines by the German benefactors. He had talk about “Economic Development”, he had discussed that the economic development is about the quantity and quality on how the progress can be. He had talk about the environment connecting to profit.
The seminar was successfully done despite to the problems the group had encountered before the program. We were able to overcome the challenges and made the program well done.