Description

THIS “SEMINAR 2” IS AN ESSENTIAL PART of the BAIPHIL LEARNING SERIES on BANK ACCOUNTING AND REGULATORY REPORTING (“BARR”) for BANKS.

 

DATE / TIME SCHEDULE

September 18, 2025 (Thursday) 9:00 AM – 5:00 PM

Via ZOOM

 

TARGET AUDIENCE

1. Finance, Controllership, Accounting and Regulatory Reporting Professionals of Banks.
2. Financial Risk Management Professionals of Banks.
3. Internal Auditors of Banks.
4. External Auditors who certify the Bank’s Financial Statements and Disclosures.
5. Other Governance Roles who oversee the Financial Statements and Statutory Reporting Integrity of Banks.

 

COURSE OUTLINE 

1. A Revisit of the Basics of Risk-taking, and their Financial Reporting implications.
2. Insights into Financial Reporting (“FINREP”) Risks, and their Root Causes, considering the Banking Business Model, the Core Products, and the Booked Transactions of the Bank.
3. Identifying Financial Reporting (FinRep) Risks. CREDIT RISK RELATED FINREP RISK. Illustrative Examples.
4. Identifying Financial Reporting Risks. MARKET RISK RELATED FINREP RISK. Illustrative Examples.
5. Identifying Financial Reporting Risks RELATED TO PRUDENTIAL STANDARDS / REGULATORY FINANCIAL RATIOS, which are “Musts” in the Bank’s Regulatory Compliance Reporting. Illustrative Examples.
6. Identifying Financial Reporting Risks related to Internal KPIs / Internal Financial Ratios, which as part of Business Performance Goals of the Bank. Illustrative Examples.
7. Illustrative Example of the Bank’s pro-forma Balance Sheet.
8. Illustrative Example of the Bank’s pro-forma Statement of Income and Expenses.
9. Highlights of Significant Disclosures in the Notes to FS, pertaining to certain aspects of FINREP RISKS, which the Bank could be managing.
10. Areas of Possible Material Adjustment to the Bank’s Year-End Financial Statements (FS), which are being subjected to the External Auditor’s annual, independent, audit examination.
11. Learning Assessment Code: BARR-LA-03 (S2).

 

SUMMARY OF THE LEARNING SERIES TOPICS THAT ARE COVERED IN SIX (6) SEPARATE SEMINARS

1. The Banking Business Model and its Impact on Financial Reporting Governance
2. Financial Reporting Risk Assessment and Root Cause Analysis for FINREP Risk
3. Highlights of Regulatory Accounting Standards and Financial Reporting for Banking Transactions. The Essential Parameters Embedded into the Design of Accounting for Banking Business Applications & Regulatory Reporting Systems
4. Tax Compliance Risk Management, considering the Banking Business Model and the Core Products of the BSFI/Bank
5. Adequacy of Design and Effectiveness of Financial Reporting Controls, prescribed by Banking Regulations
6. Compliance Risk Management and Effective Response to Regulatory Supervision Reviews, as regards the Bank’s Financial Accounting and Regulatory

 

OVERALL OBJECTIVES and COVERAGE OF THE “BARR” LEARNING SERIES

1. To discuss the Banking Business Model and its implications on the Financial Reporting Governance, and the Bank’s evolving Financial Reporting Risk Profile.
   • What is the Board-approved Banking Business Model?  What Financial Reporting (FINREP) Risks could result from implementing (or non-delivery of) the Board-approved Bank Strategies, Objectives and Financial Goals? 
   • How does the Bank’s FINREP Governance Framework ensure a Culture of Integrity in Financial Reporting?
   • In what ways could FINREP Risk materially affect the Bank’s evolving Risk Profile? What FINREP Risk Management / Breach Mitigation / Disclosure practices are being established by Banks?
   • Highlights of Core Products (in line with the Banking Business Model adopted by Banks)
   • Highlights of Financial Statements Accounts (as recorded from the transactions on Core Products of the Bank in accordance with the Banking Business Model adopted by Banks).
2. To provide Guidance on determining and assessing the bank’s Financial Reporting (FINREP) Risk Profile, determining the Root Causes of FINREP Risks, and the implications on the Financial Statements Governance of Banks (PH).
3. To discuss the basic Financial / Prudential Regulatory Reporting and Statutory Parameters and Controls, for Banks (PH).
4. To share practical and experiential insights into the Financial Reporting Controls that have been established in the Bank’s Financial Reporting and Regulatory Reporting Processes; In particular, the following:
   • Overview of the Statutory/Regulatory Reporting Standards, as well as the True-Source Datasets underlying the financial regulatory reporting of banks;
   • Illustrative Examples of Key Financial Reporting Parameters and Data Controls that the bank may put in place, for their regulatory financial reporting to the Board-GovCom, and to the Banking Regulator;
   • Illustrative Examples of how the Finance/Accounting function’s regulatory reporting process may positively contribute to the Bank’s conformance with the Standards of Transparency and Disclosure, as required by Regulations / Standards.
5. To enhance the Participants’ Learning Experience through originally designed Learning Assessments.

• • Quiz (via a common Online platform); OR  Group Activity (Case-Work).  Trainees’ submission online (via BAIPHIL’s Google Classroom link by BAIPHIL’s Training Officer);
  • Plenary Presentation of Answers, that could benefit from the Speaker’s inputs/ advice during the plenary session.

 

Resource Speakers:

 

MR. DOM B. GAVINO, JR.

Chief Adviser for Education & Training

& Former President, BAIPHIL

Chief Finance Officer, Deutsche Bank, Manila Branch

 

MS. ALINE NOVILA, CPA

Former Assurance Partner at R.G. Manabat & Co.

(KPMG in the Philippines) and Audit Executive

 

Course Developer:

MS. EDEL MARY VEGAMORA, CIA, CRMA, FICD, conferred with the CPA license in 1981.

PREVIOUS ROLES, across 40 years of service:

• Board of Director (Member) / BAIPHIL.
• Board of Director (Member) / ING Forex Corporation.
• Board of Director (Member) / Sun Life Prosperity Funds; Sun Life Asset Management Corp.
• President & Chairman of the Board of Directors / IIA-Philippines.
• Chief Financial Officer / Bank of Commerce (San Miguel Corp. Group).
• Chief Financial Officer / Sun Life of Canada (Philippines) Corp.;
• Director of Finance / ING Bank-Philippine Branch (Universal Bank); ING Securities (PH),  ING Forex Corp.
• Director of Regional Finance / Asia Pacific Division – Sun Life Assurance Co. of Canada.
• Controller, Philippine Savings Bank
• Chief Audit Executive (CAE) / RCBC Unibank;
• Chief Internal Auditor / BDO Unibank;
• Director of Audit / Asia Pacific Division – Sun Life Assurance Co. of Canada;
• Internal Audit Head / Philippine Savings Bank
• A Division Head of the Internal Audit Group / METROBANK (Unibank)
• Senior Consultant – Assurance – Banking / DMD & Co., CPAs.
• Director of Assurance – Banking / KPMG Philippines / LM & Co., CPAs.
• Tax Compliance Senior Manager / Financial Auditor – Banking / SGV & Co., CPAs.

There are various Speakers assigned to conduct the Seminars for the six “Subjects” listed above, for the Learning Series on “BARR”

 

TRAINING FEE PER PARTICIPANT

Member Institution – Php3,920.00

Non-Member Institution – Php5,040.00

*VAT Inclusive

 

REGISTER HERE!