The
chapter came into existence since August 26, 1988 through the
inspiring and energetic efforts of Messrs. Felixnito A. Frias
and Noe G. Quinanola who called themselves "All Filipino CPS's
in Saudi Arabia"
(See our members)
Mr.
Antonio "Tony" S. Mandrique was the first Chapter President supported
by other fourteen members of the council. then on Oct. 28, 1988,
during the PICPA National Board Meeting. PICPA-Saudi Arabia Chapter
was officially recognized and later introduced during the PICPA
42nd Annual Convention in Manila on November 28, 1988.
It
was in 1995 that the Chapter was given the "Best International
Chapter" award by the PICPA National Office. Prior to which in
1991, then President Rizalino "Nonong" Fontanosa and colleague
Mr. Val Regidor were both awarded the "Most Outstanding PICPAN's".
This Chapter was instrumental in the formation of PICPA - Riyadh
and PICPA - Jeddah Chapters. Also, it spearheaded the formation
in 1993 of PICPA - Bahrain and PICPA -Dubai Chapters. Consequently,
PICPA - Saudi Arabia changed its name to PICPA - KSA (Eastern
province) Chapter.
Perhaps
the most significant and continuing accomplishment of the Chapter
is the formation since 1992 of PICPA - KSA Scholarship Foundation
Inc. when it started then with two sponsored scholars in the Philippines
with a raised fundsof only Ph120,000.00. This was institutionalized
when it was formed and registered with the Securities and Exchange
Commission in 1993. Now the same foundation has total seed money
already of about Ph2 million (Foundation
History).
The
Chapter was granted on October 12, 1988 by Aramco the accreditatio
as one of its employees' self-directed professional groups. This
accreditation granted the Chapter up to this day access to Company
facilities and other privileges such as providing audit and other
services to Saudi Aramco Employees Association (SAEA) and other
self-directed groups including the Dhahran Men Softball Association.
In
1999, the Chapter signed a Memorandum of Agreement with the Philippine
Embassy as one of the Accredited Community Partners (ACP) that
will collaborate with OWWA and POLO in developing the implementing
various government programs for OFW's in the Kingdom.
Below
are the ex-Presidents of the Chapter.
Antonio
S. Mandrique |
1988-89 |
Robert
Lao |
1990 |
Rizalino
Fontanosa |
1991 |
Eladio
Caritos |
1992 |
Eriberto
L. Icamina |
1993 |
Robert
Roque |
1994 |
Glicero
L. Tuazon |
1995 |
Serv
Braceros |
1996 |
Sergs
Manlangit |
1997 |
Eli
P. Estella |
1998 |
Jaime
R. Lezarda |
1999 |
Virgilio
L. Evangelista |
2000 |
Emmanuel
Tumulak |
2001 |
Renato
B. Briones |
2002 |
Roque
A. Millete |
2003 |
Rodolfo
M. Buenavista |
2004 |
Also,
the Chapter is busy engaging itselft in the following: Continuing
Professional Education Programs like the CMA Review, seminars
and workshops on SEC regulations, taxation and information technology.
Community
Involvement like providing workshop on "Accounting for Non-Accountants"
Cooperatives:
Organization and Management
Conducting
the election of other Filipino civic organization's officers and
directors i.e. acting as comelec;etc.
Meetings and Networking like the Chapter's quarterly meetings,
publication of newsletter, attending other civic organization's
meeting and conferences etc. Socials, sports and awards like the
yearly bowling, lawn and table tennis, chess and basketball tournaments,
yearly family outing day, "Most Outstanding PICPA" Award (MPO),
certification of recognition and appreciation for excellent deeds
of its members and guests, scholastic grant for deserving children
of fellow PICPAN's etc.
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