Well, word on the street is that the transaction will no longer happen after Razon’s team got a closer look at what was being offered. Whoopsie. What now?In the world of accountancy and the auditing industry, there are some firms that are on the rise and there are some that are on the wane.
The good news is that the firm’s prowess is also being recognized by its peers in the industry. Recently, its cofounder, managing partner and chief operating officer Protacio “Cocoy” Tacandong was honored with the Accountancy Centenary Award for Excellence and was also recognized as being one of the Top 100 certified public accountants in the country by the industry association.
“Overall, we remain comfortable with the first-tier banks due to their bigger size, ability to withstand funding cost pressure, larger corporate books, good capital and loan loss buffers and relative stability in operating performance,” CreditSights said.
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