By: group II

milestones• May 2003. The Firm Eulalio J. Minerva & Co. CPAs’

was formally organized as a general professional partnership for the purpose of carrying on the practice of accountancy in the Philippines with Mr. Elmer P. Minerva and the late Eulalio J. Minerva as the Managing Partner and Senior Partner, respectively. Both had substantial years and meaningful experience in public practice prior to 2003. Completing the partnership are the other members of the family who are likewise licensed professionals in the field of accountancy namely: Edwin P. Minerva, Edmund P. Minerva, and Mae Cora L. Minerva.

• Minerva & Company, CPAs principal office started at the Baseline Complex, Juana Osmeña Street, Cebu City and had only two staff auditors then.

Although the Firm is relatively young, the experiences and exposures of the individual partners in the fields of audit, corporate finance, taxation and management services are deemed extensive, rich, and highly impressive. To cope up with the competition, series of realignments and streamlining of functions were made by the partnership thereby giving the other partners more involvements in the affairs of the Firm.

• January 2005. Business operation was relocated to a bigger office space at Elms Arcade, N. Bacalso Avenue, Mambaling, Cebu City. Its clientele blossoms to an impressive number while the quality of service continued to be well appreciated. To date, the Firm has gradually made a name in particular segment of the industry.

• In October 2005, the firm’s co-founder and Senior-Partner, Eulalio J. Minerva, passed away. He was a big loss to the firm, to his family. But never to be deterred, the remaining partners continued what has been started. The Firm continued to reap success.

• This has led to the alteration of the original partnership and the creation of the new firm, Minerva & Company, Certified Public Accountants with Elmer P. Minerva as the Managing Partner.

• Rebecca O. Torres, an Associate who joined the original partnership in 2005 was later on admitted as Partner of the firm.

• January 2011. The Firm officially used the new name (Minerva & Company, CPAs) to the public.

• It is accredited with government auditing agencies namely:

(1) Securities & Exchange Commission(2) Banko Sentral ng Pilipinas(3) National Electrification Administration (4) Cooperative Development Authority (5) Bureau of Internal Revenue (6) Board of Accountancy.

The Interview…

• How would you describe the culture of this firm?Our culture is just helping each other to meet the goal.

• To make sure that you become the most competitive among all firms, what are your basis on hiring your employees?

For you to be qualified and become part of the firm, you must have a good communication skills. Profession requires communication.

And also, there will be written examinations for the employees.

• By how many years (range) can a CPA be promoted?Promotion is based on their performances.

• What kind of services do you offer?• Financial Audit• Tax Services• Accounting Services• Management Services• Special Audit Engagements• General Accounting Services

• From the very date Minerva started until now, were there changes made and followed for more credible performance?

We did expand, we have now the Elms Arcade that is located in Mambaling. We also have the Linx Business, a virtual space provider, that is actually located next to our Juana Osmeña branch.

• How do you deal internal issues?Our HR deals with the internal issues in the firm.

• Based on experience, among the different areas where CPA’s can practice their profession, what can you suggest as most interesting?

After passing the board exam, choose the job that is financially rewarding and that can give you more exposure in different fields to be able to widen their knowledge.

Minerva Culture & ValuesIntegrityNobilityEntrepreneurshipResult-focusedVersatilityAccountability