Paul Michael Jaramillo

PJ is a CPA, writer, storyteller, environment and youth advocate. As a writer, his articles on national development were published in a Spanish newspaper and local news network Rappler. As a storyteller and environment advocate, his documentary films on mining and environment were featured by ABS-CBN News and GMA News. He launched his career as a CPA at KPMG in the Philippines in late 2015. He started his professional journey as an external auditor of a global workspace provider (the largest audit client of KPMG in the Philippines), global bank, leading MFCG in the Philippines and a number of shared service centres. As an auditor, his team won the KPMG Asia-Pacific Data & Analytics Challenge and coached the Philippine team that placed third to the KPMG GlobalRunner Cup. More than two years later, he led KPMG in the Philippines’ Network of Audit Innovators and Data & Analytics Champions and its academic arm, while serving as a member of the KPMG Asia-Pacific Audit Digital Transformation Workstream. He served as a member of the Audit Methodology Group and Root Cause Analysis Team of KPMG in the Philippines. He was a regular training facilitator of KPMG on audit methodology, innovation, data and analytics, professional standards and regulatory updates. He also served as a coach for newly promoted supervisors. PJ was also the Firm’s System of Quality Management Implementation Manager and a Workforce of the Future Champion. He was also a Sampling Specialist of the Firm. In 2019, PJ was a member of the Philippine Institute of Certified Public Accountants (PICPA)’s Technical Working Group on Audit Methodology. PJ led in developing some of the innovative solutions of KPMG in the Philippines. Above all, PJ is a people investor. He invests on people who have potential and talents. That makes him a coach and mentor to some young professionals in the profession and served as a People Committee member of KPMG in the Philippines. He leads advocacy projects that help communities. He produces vlogs thru his YouTube channel, PJspirations which features stories of different individuals. As a volunteer, he is the Academic Master and Head Coach of PREMIER International Learning and Development Center, which provides coaching, mentoring, training and learning programs and platforms that promote growth and development in every individual’s life and career. He is also with the Middle East and Caspian regions of KPMG as a member of its Professional Practice group and Audit L&D for the Saudi Levant Cluster, providing subject matter knowledge and guidance on audit methodology, and learning and development programs to its offices. He is a proud Ilocano and a graduate of Northwestern University. He also conducts #IamRemarkable sessions, a program initiated by Google for women and underrepresented groups.

FAST FACTS: One Person Corporation in the Philippines

Roadmap The concept of a corporation with a single stockholder was introduced by Republic Act No. 11232, otherwise known as the Revised Corporation Code of the Philippines, which took effect in 23 February. The Securities and Exchange Commission (SEC) has released in 15 March draft guidelines listing documentary requirements for putting up a one-person corporation …

Accounting for crypto-assets using blockchain technology clarified in PH

Cryptographic assets are gaining significant amount of interest recently, given their rapid increases in value and volatility. This kind of assets experienced a breakout year in 2017. Currently, there are no accounting standards that specifically address crypto-assets. However, the Australian Accounting Standards Board (AASB) has submitted a discussion paper on “digital currencies” to the International …

The challenges of the disruption of digital technology – make it an opportunity

This is the second part of my article ‘CPAs in the Public Practice‘. This part will discuss disruption of digital technology. During the academic conference, one of my topics is ‘Succeeding in disruptive times’ to introduce the innovating public practice to the younger generation of young Filipino CPA aspirants. Philippine Regulation Commission (PRC) Board of …

CPAs in Public Practice: Creating a stress-free environment

Yesterday, I attended the fourth installment of the Academic Conference of the National Federation of Junior Philippine Institute of Accountants – National Capital Region (NFJPIA-NCR) for the Academic Year 2017-2018. The academic conference was held at Colegio de San Juan de Letran in Intramuros, Manila yesterday, 17 February. I was one of the speakers. I …