Summary
Overview
Work History
Education
Skills
Exposure On Specialized Industries
Industry Exposures
Engagements Handled
Educational Background
Government Examinations Passed
Knowledgeable In
Training
Languages
Timeline
Generic
Rean Abalos

Rean Abalos

Quezon City

Summary

Analytical Audit Partner with documented success managing audit teams in reviewing diverse business operational processes. Planning and executing large, complex audits to identify and remedy potential business risk.

Overview

15
15
years of professional experience

Work History

Audit Partner

R. S. BERNALDO & ASSOCIATES
01.2019 - Current
  • Oversees various audit and assurance engagements including agreed-upon and internal audit engagements
  • Reports to the Managing Partner and Chairman/CEO
  • Provides assistance in carrying out management functions
  • Manages professional audit groups.

Senior Audit Manager

R. S. BERNALDO & ASSOCIATES
Makati
07.2017 - 12.2018
  • Manages the overall conduct of the audit such as planning, internal control review, preliminary and year-end work monitoring and ensures compliance with reportorial requirements
  • Participates in establishing close relationship with clients
  • Monitors the budget, staff time and progress of assigned audit engagements
  • Promotes high billing and collection efficiencies
  • Managed and motivates professional staff including on-the-job trainees
  • Facilitated firm-sponsored trainings
  • Reports directly to the Partners of the Firm.

Audit Manager

R. S. BERNALDO & ASSOCIATES
07.2014 - 06.2017
  • Manages the overall conduct of the audit such as planning, internal control review, preliminary and year-end work monitoring and ensures compliance with reportorial requirements
  • Participates in establishing close relationship with clients
  • Monitors the budget, staff time and progress of assigned audit engagements
  • Promotes high billing and collection efficiencies
  • Managed and motivates professional staff including on-the-job trainees
  • Facilitated firm-sponsored trainings
  • Reports directly to the Partners of the Firm.

Assistant Audit Manager

R. S. BERNALDO & ASSOCIATES
07.2013 - 06.2014
  • Manages the overall conduct of the audit such as planning, internal control review, preliminary and year-end work monitoring and ensures compliance with reportorial requirements
  • Participates in establishing close relationship with clients
  • Monitors the budget, staff time and progress of assigned audit engagements
  • Promotes high billing and collection efficiencies
  • Managed and motivates professional staff including on-the-job trainees
  • Facilitated firm-sponsored trainings
  • Reports directly to the Partners of the Firm.

Senior Auditor

R. S. BERNALDO & ASSOCIATES
07.2011 - 06.2013
  • Leads in the preparation and execution of full scope audit and special engagements in a variety of commercial industries
  • Supervises and reviews work of associate auditors on assigned engagements
  • Prepares schedule of weekly task of each member of the audit team and ensures timely completion of each task.

Senior Audit Associate

R. S. BERNALDO & ASSOCIATES
07.2010 - 06.2011
  • Assists in the preparation and execution of full scope audit and special engagements in a variety of commercial industries
  • Supervises and reviews work of junior associates on assigned engagements
  • Interacts closely with associates, audit managers and partners.

Audit Associate

R. S. BERNALDO & ASSOCIATES
02.2009 - 06.2010
  • Performs external audit for various clients in various industries.

Education

Bachelor of Science - Accounting

Saint Mary's University
Bayombong, Nueva Vizcaya
04-2008

Skills

  • GAAP proficiency
  • Process Documentation
  • Risk assessment expertise
  • Mentoring and Coaching
  • Staff Development and Training
  • Business process improvement
  • Analytical mindset
  • Risk Management
  • Compliance Monitoring
  • Internal Controls
  • Client Relationship Management
  • Risk Assessment
  • Communication and presentation

Exposure On Specialized Industries

Cordillera Savings Bank, Inc., Philippine Savings Bank, External Audit Audit Manager, Cooperative Bank of Palawan, Cooperative Bank, External Audit Audit Manager, Mining industry was one of the industries where Rean G. Abalos (RGA) exposed with as an auditor at RS Bernaldo & Associates. He handles the financial audits and reviews of Ten Sixty Four Limited (X64), through its subsidiaries for a decade from the start of his career as an external auditor up to this date. X64 is a publicly listed company in Australian Securities Exchanges (ASX), gold producer, focused solely in the Philippines through its subsidiaries, Philsaga Mining Corporation, Medusa Exploration & Development Corporation, Mindanao Mineral Processing & Refining Corporation, Phsamed Mining Corporation and Medusa Overseas Holding Corporation.

Industry Exposures

  • Mining
  • Financial institutions
  • Leisure and Amusements
  • Real Estate
  • Cooperatives
  • Merchandising/Retailing
  • Manufacturing
  • Non-stock, Non-profit Organizations
  • Service providers

Engagements Handled

  • Financial audit
  • Internal audit
  • Financial due diligence
  • Preparation of accounting manual/Accounting book reconstruction
  • Agreed-upon procedures engagements
  • Fraud Audit
  • Tax compliance
  • Financial valuation
  • ICPA engagements

Educational Background

Saint Mary's University, Doña Aurora National High School, Macatal Elementary School

Government Examinations Passed

Certified Public Accountant Licensure Examination - October 2008

Knowledgeable In

  • Philippine Financial Reporting Standards (PFRS)
  • Securities Regulation Code (SRC) Rules
  • Cooperative Development Authority (CDA)Rules
  • National Internal Revenue Code (NIRC)
  • Manual of Regulations for Banks (MORB)
  • Manual of Regulations for Non-bank Financial Institutions (MORNBFI)
  • Microsoft Applications

Training

Various seminars and trainings were attended and conducted from 2009 to 2023. These seminars and trainings mostly include Philippine Financial Reporting Standards (PFRS) Updates, Taxation and BIR Updates, SEC Updates and Philippine Standards on Auditing. An average of 80 units of Continuing Professional Development (CPD) units is achieved per year.

Languages

English
First Language

Timeline

Audit Partner

R. S. BERNALDO & ASSOCIATES
01.2019 - Current

Senior Audit Manager

R. S. BERNALDO & ASSOCIATES
07.2017 - 12.2018

Audit Manager

R. S. BERNALDO & ASSOCIATES
07.2014 - 06.2017

Assistant Audit Manager

R. S. BERNALDO & ASSOCIATES
07.2013 - 06.2014

Senior Auditor

R. S. BERNALDO & ASSOCIATES
07.2011 - 06.2013

Senior Audit Associate

R. S. BERNALDO & ASSOCIATES
07.2010 - 06.2011

Audit Associate

R. S. BERNALDO & ASSOCIATES
02.2009 - 06.2010

Bachelor of Science - Accounting

Saint Mary's University
Rean Abalos