Magmanlac and Co.

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Magmanlac and Co. Services Offered:

Bookkeeping * Accounting * Tax Compliance * Audit * Business Consultancy

Congratulations to our Interns at Magmanlac & Co. for successfully passing the Certified Internal Audit Specialist (CIAS...
05/10/2026

Congratulations to our Interns at Magmanlac & Co. for successfully passing the Certified Internal Audit Specialist (CIAS) Examination! ๐Ÿ™Œ

Your hard work, discipline, and determination truly paid off. We are proud to witness your growth and achievement as you take one step closer to becoming future leaders in the accounting and auditing profession.



๐—”๐—–๐—–๐—ข๐—จ๐—ก๐—ง๐—›๐—œ๐—ก๐—ž ๐—ง๐—ฅ๐—œ๐—ฉ๐—œ๐—” ๐—ข๐—™ ๐—ง๐—›๐—˜ ๐—ช๐—˜๐—˜๐—žThe word โ€œauditโ€ comes from the Latin word โ€œaudire,โ€ meaning โ€œto hear.โ€ Long before the ex...
24/08/2026

๐—”๐—–๐—–๐—ข๐—จ๐—ก๐—ง๐—›๐—œ๐—ก๐—ž ๐—ง๐—ฅ๐—œ๐—ฉ๐—œ๐—” ๐—ข๐—™ ๐—ง๐—›๐—˜ ๐—ช๐—˜๐—˜๐—ž

The word โ€œauditโ€ comes from the Latin word โ€œaudire,โ€ meaning โ€œto hear.โ€ Long before the existence of modern accounting systems and modern auditing procedures, an auditorโ€™s main role was to listen carefully as financial records are often read aloud and to pay close attention to the amounts and other details being read. Listening became an important tool in verifying the accuracy of financial records before.

From simply listening to todayโ€™s more detailed audit procedures, auditing has continued to serve its important purposeโ€”ensure integrity, accountability, and service.


๐—”๐—–๐—–๐—ข๐—จ๐—ก๐—ง๐—›๐—œ๐—ก๐—ž ๐—ง๐—ฅ๐—œ๐—ฉ๐—œ๐—” ๐—ข๐—™ ๐—ง๐—›๐—˜ ๐—ช๐—˜๐—˜๐—žIn 1915, Vicente F. Fabella made history as the first Filipino Certified Public Accountant...
18/08/2026

๐—”๐—–๐—–๐—ข๐—จ๐—ก๐—ง๐—›๐—œ๐—ก๐—ž ๐—ง๐—ฅ๐—œ๐—ฉ๐—œ๐—” ๐—ข๐—™ ๐—ง๐—›๐—˜ ๐—ช๐—˜๐—˜๐—ž

In 1915, Vicente F. Fabella made history as the first Filipino Certified Public Accountant after passing the board examination and earning his Certificate in Public Accountancy in Wisconsin, USA.

A year after, in 1916, he returned in the Philippines and became an accounting and auditing instructor in the University of the Philippines and opened his own accounting firm, โ€œVicente Fabella and Company.โ€ Then in 1919, he founded and was the President of the Far Eastern College of Accounts, Commerce and Finance, which he later renamed as Jose Rizal College in 1922 until it became Jose Rizal University in 2000 when it was granted university status.

Fabella became an important figure in elevating the status of accountancy profession in the Philippines, even became one of the foundations of the CPA Law in the country.

๐—”๐—–๐—–๐—ข๐—จ๐—ก๐—ง๐—›๐—œ๐—ก๐—ž ๐—ง๐—ฅ๐—œ๐—ฉ๐—œ๐—” ๐—ข๐—™ ๐—ง๐—›๐—˜ ๐—ช๐—˜๐—˜๐—žAccounting has a come a long way, evolving from ancient methods of record-keeping to the s...
10/08/2026

๐—”๐—–๐—–๐—ข๐—จ๐—ก๐—ง๐—›๐—œ๐—ก๐—ž ๐—ง๐—ฅ๐—œ๐—ฉ๐—œ๐—” ๐—ข๐—™ ๐—ง๐—›๐—˜ ๐—ช๐—˜๐—˜๐—ž

Accounting has a come a long way, evolving from ancient methods of record-keeping to the sophisticated digital systems we use today. Throughout history, it has become a salient part of businesses and other institutions. By transforming numbers into informative insights, it helps organizations make smarter decisions and build a stronger and more secure financial future.

And just as accounting teaches us the importance of balancing the debits and credits, ๐˜ญ๐˜ช๐˜ง๐˜ฆ ๐˜ช๐˜ด ๐˜ข๐˜ญ๐˜ด๐˜ฐ ๐˜ข๐˜ฃ๐˜ฐ๐˜ถ๐˜ต ๐˜ง๐˜ช๐˜ฏ๐˜ฅ๐˜ช๐˜ฏ๐˜จ ๐˜ฉ๐˜ข๐˜ณ๐˜ฎ๐˜ฐ๐˜ฏ๐˜บ ๐˜ฃ๐˜ฆ๐˜ต๐˜ธ๐˜ฆ๐˜ฆ๐˜ฏ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ต๐˜ฉ๐˜ช๐˜ฏ๐˜จ๐˜ด ๐˜ต๐˜ฉ๐˜ข๐˜ต ๐˜ค๐˜ฐ๐˜ฎ๐˜ฆ ๐˜ข๐˜ญ๐˜ฐ๐˜ฏ๐˜จ ๐˜ธ๐˜ช๐˜ต๐˜ฉ ๐˜ฐ๐˜ถ๐˜ณ ๐˜ฆ๐˜ท๐˜ฆ๐˜ณ๐˜บ ๐˜ฅ๐˜ฆ๐˜ค๐˜ช๐˜ด๐˜ช๐˜ฐ๐˜ฏ. And when things do not seem to balance, we can always look back and make the necessary adjustments.




Magmanlac & Co. proudly congratulates our former intern for successfully passing the May 2026 Certified Public Accountan...
02/06/2026

Magmanlac & Co. proudly congratulates our former intern for successfully passing the May 2026 Certified Public Accountant Licensure Examination!

Your dedication, perseverance, and commitment to excellence have truly paid off. We are honored to have been part of your professional journey and we celebrate this well-deserved milestone with you.

May this achievement open more doors of opportunity and inspire more future accountants to pursue their dreams with courage and determination.

Your Magmanlac & Co. family is proud of you! ๐Ÿ’™

A refreshed space, a renewed vision. โœจAs we open this new chapter with our newly renovated office, we are also proud to ...
30/05/2026

A refreshed space, a renewed vision. โœจ

As we open this new chapter with our newly renovated office, we are also proud to share this journey together with the Legal Firm of Atty. Femarie Pimentel.

More than just a workspace, this represents growth, partnership, and our continued commitment to providing quality accounting and legal services to the community.

Cheers to new beginnings and greater milestones ahead. โค๏ธ

Visit us at Consuelo St., San Fermin Cauayan City Isabela

To all our CPALE takers โ€” this is your moment. โœจMonths and years of sacrifices, sleepless nights, prayers, and persevera...
23/05/2026

To all our CPALE takers โ€” this is your moment. โœจ

Months and years of sacrifices, sleepless nights, prayers, and perseverance have led you here. Trust in everything youโ€™ve learned, believe in your preparation, and let your faith guide you through every question and every challenge.

No matter what happens, remember that making it this far is already a testament to your courage and determination.

Padayon, future CPAs! ๐Ÿ’™๐Ÿ“š
Magmanlac & Co. is cheering for all of you.

JOIN OUR TEAM!Interested applicants may submit their resume at magmanlacsherwin@gmail.com
08/04/2026

JOIN OUR TEAM!

Interested applicants may submit their resume at [email protected]

A huge Congratulations to our Managing Partner, Sherwin Magmanlac for being the chair of the 3rd PICPA LGAO and Northern...
04/03/2026

A huge Congratulations to our Managing Partner, Sherwin Magmanlac for being the chair of the 3rd PICPA LGAO and Northern Luzon Regional Conference. โœจ

At Magmanlac & Co., Certified Public Accountants, we believe that excellence in service begins with dedication beyond the office, in leadership, in community, and in the profession we uphold.

From vision to action. From action to impact.

For the profession. For the community. For the love of PICPA.


As we welcome 2026, we move forward with renewed purpose, unwavering integrity, and a deeper commitment to excellence in...
31/12/2025

As we welcome 2026, we move forward with renewed purpose, unwavering integrity, and a deeper commitment to excellence in service.

Cheers to new beginnings!

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Consuelo Lucas Street San Fermin, Cauayan City, Isabela
Cauayan
3305

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