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JULY NEWSLETTER

Professional Development on Anti – Money Laundering Law

(by Founding President Thelma Siglos)

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The Association of Filipino Canadian Accountants of British Columbia (AFCA-BC) hosted a mini Spring Professional Development (PD) session focused on Anti-Money Laundering Law. The event featured guest speaker Inspector David L. Gray. Held on June 29, 2024 at the Bonsor Recreation Center - Active Studio Hall, located at 6550 Bonsor Ave, Burnaby, BC, the session was both highly interesting and crucial. Participants gained valuable insights into the complexities of anti-money laundering regulations, underscoring the importance of staying informed and compliant in their professional practices.

Kudos to the PD team for organizing the event! Job well done, good learning, good networking and good food. ​

International Professional Credential Recognition

On November 8, 2023, the International Credentials Recognition Act received Royal Assent. The Act is coming into effect on July 1, 2024. The legislation will reduce barriers for internationally trained professionals seeking jobs in B.C. It will impact 29 professions including accountants B.C. expects one million job openings in the next decade. Many of those jobs will need to be filled by people trained in other countries. Internationally trained professionals often face unfair barriers and long waits before they can work in their profession. By supporting them, the government can meet current and future needs for in-demand jobs and strengthen British Columbia's economy. Find out more here.

2024 Incoming President’s Message – Thelma Siglos

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Thank you for attending the AGM. I extend my gratitude to all volunteers, especially the 2023 Council, for their work today. Your presence fills me with joy and hope. I am humbled and grateful to all our awardees and those who have supported AFCA over the years. You all truly deserve our recognition.

The pandemic has profoundly impacted all of us. Many have struggled with stress, isolation, and family health issues. Last summer, the Presidents' group met to deliberate on what actions could be taken and how they could provide assistance. Sadly, Vance and Cecil have departed, and some are dealing with family concerns. We are adapting to a new normal, and it is increasingly important to remember that you are not alone. We are here to offer support and encouragement.
 

AFCA-BC was founded primarily on collegial support and friendship. The founders envisioned AFCA-BC as an organization that shares knowledge, skills, and time to assist members in achieving a fulfilling accounting career. Our focus is not solely on reaching the top—though that is commendable when it occurs. Our emphasis is on being a supportive community for our members, as we have all navigated similar paths.

We fondly recall those who aided us during our transitions and recognize the need to return to our foundational purpose.

  1. The first step is to form a Council composed of both senior and junior members. We have achieved this for 2024.
     

  2. The second step is to enhance our relationships as friends and family—to connect, discover, and encourage one another. We learn together.

    • Connecting more leads to growth and enrichment through the presence of familiar, supportive faces.

    • Through listening, we uncover a capacity for compassion and the discovery of gifts in our relationships.

    • Encouraging others empowers and affirms them.
       

  3. To facilitate this, the third step is to reboot the way we operate.

    • We pivot to a participative approach where everyone plays a role. Our meetings aim to be creative, fun, and supportive of each other’s soft skills and talents. Collaboration and collective brainstorming are key.

    • With your help, we aim to create circles or groups for participation and engagement. This includes collaboration, learning, and sharing skills/knowledge.

    • The Council, focusing on three main events—AGM and Ethics CPD in the fall, Christmas in July, and Tax Clinic in the spring—is just one of these circles.

    • Through Café-AFCA, we can form circles of engagement for friendships, networking, mentoring, and discussing CPD topics such as technical matters, careers, office issues, social and mental health tips, hobbies, books, and PD learning insights. We will document these events for CPD purposes.

    • We also appoint special ambassadors. Rita de la Cruz has been pivotal for the tax clinic, and Mary Tecson will oversee the BC accreditation process.
       

Stay tuned for more news. Please call or email us your ideas and comments. We will respond.

Finally, let’s take pride in AFCA’s family values. Spouses are automatically auxiliary members according to our constitution. Our families contribute to our diversity, strength, and joy. Let’s nurture this and welcome their contributions. Together, we take intentional small steps to affirm our foundational purpose and values.

AFCA-BC AWARDEES OF 2023

Welcome to our special feature on the 2023 Awardees, a tribute to outstanding individuals who have significantly contributed to our organization's success and legacy. This year, we take a moment to honor the remarkable dedication and service of our esteemed members, each of whom has played a pivotal role in shaping our community.
 

We begin by paying homage to Vance Noriega, CGA, CPA, and Cecil Sanchez, CMA, CPA, both founding directors who have left an indelible mark through their visionary leadership and commitment. Their contributions have been foundational in establishing the values and direction of our organization.
 

We also celebrate the exceptional contributions of Jannet Taruc, CA, CPA, Michael Infante, CMA, CPA, and Rowena Altamirano, CGA, CPA. Each, through their multiple terms as President, has demonstrated an unwavering commitment to service, leadership, and excellence.
 

Join us as we honor these inspiring individuals who have not only led but also elevated our organization to new heights. Their legacies continue to inspire and guide us in our ongoing journey towards excellence.

Lifetime Achievement Awardees

Vance Noriega, CGA, CPA

Founding Director

Cecil Sanchez, CMA, CPA

Founding Director and 2009 President

Distinguished Service Awardees

Jannet Taruc, CA, CPA

Three-Term President

Michael Infante, CMA, CPA

Four-Term President

Rowena Altamirano, CGA, CPA

Three-Term President

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