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Every management team knows the scene. A crisp strategy, walk the board through disciplined forecasts, and land on a valuation built from rigorous cash-flow projections discounted at the weighted average cost of capital (WACC).
Digitalization. Artificial intelligence. Economic uncertainty. Geopolitical shifts. These themes have dominated recent headlines, with both local and global forces continuing to reshape the Philippine economy and business environment.
The Philippines has long relied on economic zones as engines of investment, employment, exports, and regional development.
Fraud rarely announces itself. It hides in bank reconciliations that are approved without proper review, in routine approvals signed by managers who are stretched too thin, and in the comforting belief that "our people would never do that."
In the Philippines, extreme heat is no longer an abstract climate issue. In recent months, government agencies warned of heat index levels reaching the danger category in several areas, with values around 42°C and higher reported in parts of the country.
Internal audit is no longer limited to providing assurance on past activities. It has evolved into a trusted advisor that helps organisations navigate uncertainty and respond proactively to emerging risks.
