President's Message

George S. Chua

My Friends,

It is truly an honor for me to have been elected as the President of FINEX for 2016. Having been a member since 1992 and as a Life Member, I have many fond memories of our organization and of course the many wonderful friends that I have gotten to know and cherish throughout this time. FINEX is like a family to me where we not only nurture our professional development but also our personal growth.

For 2016, our theme is “Supporting Financial Inclusion for all Filipinos”, to highlight the continuing difficulties that many Filipinos face in terms of economic hardship brought about by unemployment, underemployment and the lack of proper understanding of fundamental financial principles such budgeting, savings and investments. Our objective is of course to be part of the solution by doing our job as finance professionals in ensuring the efficient financial management of our respective organizations so that we can generate more job opportunities for Filipinos.


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Latest Tax and Legal Updates

"BIR Issues RMO 1-2015"

Amend certain policies, guidelines and procedures in the application and issuance ofImporter’s Clearance Certificate (ICC) / Broker’s Clearance Certificate (BCC) relative to the accreditation of Importers and Customs Brokers for purposes of expediting the processing thereof;

Amend the required documents to be submitted by applicants securing ICC/ BCC from the BIR for accreditation purposes with the Bureau of Customs (BOC).

Please consult your tax counsel for relevant interpretations.

Click Here to View the Full Article

The article is for general information only and is not intended, nor should be construed as a substitute for tax, legal or financial advice on any specific matter.

FEATURED ARTICLES
BARRIERS TO CFOs AS STRATEGISTS
Mr Rey Lugtu Wilma Inventor-Miranda

REPRINTED FROM IAFEI E-JOURNAL AUGUST 2015 ISSUE.

Much has been written about the need for CFOs to be strategists rather than just assuming the traditional role in this technology driven business world and a globalization that is ever-spreading as the years go by. It is not that they do not want to be strategists because most CFOs I am sure would like to grow as business partners. However to achieve this, they need to more than just being "bean counters" or the experts on tax compliance and regulations”. The need for the transformation of the CFO in this generation is more apparent now than ever. They were trained to be the champion of fiscal concerns, overseers and implementers of compliance and regulatory requirements, controllers of budget and financial reporting, etc. Now more than ever they are expected to assume several roles such as chief strategic engineer, chief technology evangelizer,
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FINEX APP
Mr Rey Lugtu

Today, the ICT Committee through the leadership of its Chair, Brian Hachez and Liaison Director Anton Mauricio is launching the FINEX Mobile App, after months of conceptualization and testing.

Thru the App, you can now be easily informed and updated on all the organization activities like, getting informed on the latest updates on meetings and events right on your smartphone. One can click “ATTEND” to be counted in, and even put the schedule on your CALENDAR.

Through the FINEX Mobile App, you can be alerted on upcoming FINEX and Committee announcements - whenever, wherever!
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UPCOMING EVENTS
SEC UPDATES FORUM - MAY 25, 2016

At Makati Shangri-La Hotel from 25 May 16 01:30 PM to 25 May 16 05:30 PM - By FINEX - Events - Details

12th FINEX Parangal Golf Tournament in honor of BSP Gov. Tetangco / May 21, 2016

At SPLENDIDO TAAL GOLF AND COUNTRY CLUB from 21 May 16 06:00 AM to 21 May 16 08:30 AM - By FINEX - Events - Details

ASEAN Economic Integration

The Financial Executives Insitute is the leading organization of CFO's in the Philippines.

The ASEAN Integration Committee leads FINEX's efforts to prepare its members, and member companies to prepare for regional economic integration.

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Prof. Dev’t. Committee Corner
The Professional Development Committee conducts events such as economic briefings, conferences, forums, and symposiums for honing the skills of its members and stakeholders in the finance profession.
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