* * * The Philippine Institute of Certified Public Accountants (PICPA), hardworking accountants, colleagues in the government, distinguished guests, ladies and gentlemen, good morning. It is my honor to deliver the keynote address on the First National Summit of CPAs in Commerce and Industry (NSCCI). The inaugural theme you have chosen – “Reinforcing the Future. Together. Today” – captures the spirit of the times.
We see changes in the political and the economic landscapes, continuing regulatory reforms, technological innovations, and more interconnected goods and financial markets. To put things into a wider perspective, let us now try to stand on the shoulder of an accounting giant – Mr. Washington SyCip. Mr. SyCip once said, “Basic credentials are not enough to ensure success in any profession.