Battle of the BIG 4s

WHAT   :               Battle of the Big 4s (CMA Quiz Bowl)

WHO     :               Big 4 Auditors (2 Years as such by competition day)

WHEN   :               0800 HRS on June 25, 2016

WHERE :               Makati


Calling all CPAs who are currently employed by any of the Big 4 firms in the Philippines for at least two years as at date of competition (i.e. June 25, 2016). You are invited to participate and represent your audit firm to the first-ever BATTLE OF THE BIG 4s CMA (Certified Management Accountant) Quiz Bowl happening this June.

The Institute of Management Accountants, or the IMA®, is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. It is a leading advocate for aligning accounting curriculum and continuing education with the complex business needs of today’s organizations. Towards the end of 2015, IMA membership has reached more than 85,000 worldwide. To date, the total number of active CMAs is close to 30,000. For the current fiscal year ICMA is poised to award more than 3,000 CMA certificates so far by the Fiscal Year ending June 2016, and more than 9,000 new candidates have joined the CMA Program this year.

The purpose of having this competition is to generate awareness among top Filipino CPAs who continue to develop world-class skills as accounting professionals on the value of earning a globally recognized accounting certificate, i.e. the CMA credential.  Around the world, CMAs earn about one-third more than their noncertified peers, according to IMA’s International Salary Survey. In the U.S., CMAs earn an average of 31% more in salary and 36% more in total compensation than those without certification. Despite the many economic factors beyond one’s control, accountants can achieve career advancement and earning potential through certification.

Evidenced by international employers’ preference on professionals holding the CMA title, the management accounting profession continues to evolve to meet the ever dynamic demands of business. Globalization necessitates that professional development in the Philippines must not be confined in preparing our professionals for local businesses but in the international business setting as well.

The Battle of the BIG 4s will simulate the CMA examination to be completed over four hours. It will contain 100 multiple-choice questions and 2 essay questions. Candidates will have three hours to complete the multiple-choice questions and one hour to complete the essay section.

For the essay questions, both written and quantitative responses will be required. Candidates will be expected to present written answers that are responsive to the question asked, presented in a logical manner, and demonstrate an appropriate understanding of the subject matter.

The topical areas covered in this competition are the following:

  • External Financial Reporting Decisions
  • Planning, Budgeting and Forecasting
  • Performance Management
  • Cost Management
  • Internal Control
  • Financial Statement Analysis
  • Corporate Finance
  • Decision Analysis
  • Risk Management
  • Investment Decisions
  • Professional Ethics


The top performers of the competition will win the following:

Gold medal winner – Full CMA program scholarship worth US$2,250

Silver medal winner – Partial scholarship (discount of 50% of the program fee)

Bronze medal winner – Partial scholarship (discount of 30% of the program fee)

4th and 5th placers – IMA professional membership fee worth US$245 each


In case the registered participants in this competition do not reach the minimum of 60 CPAs, the organizers reserve the right to accept CPAs employed by the other big auditing firms to garner a total of 100 participants. Each Big 4 firm may send in as many as 25 participants to the competition.


Registration shall be accepted from May 20th by submitting the following:

  1. Duly accomplished registration form
  2. Certificate of Employment duly signed by the HR Manager/Director of the Big 4 firm
  3. Copy of PRC ID
  4. Copy of TOR
  5. Copy of passport
  6. Professional profile photo

Registration will close on May 31st. If the number of participants does not reach the minimum required, other applications will be accepted until June 17.


The results will be announced on or before the first week of July, 2015. The top three winners agree to take the 2-Part CMA examination in the Sept/Oct’16 exam window.

For more details, please contact us at See you all at the competition!

CMA Passers

What’s Next After The CMA Title?

Miriam Hapiz - Distinguished Performance Award_REVISED 2

Most of the stories shared recently are all about looking back on how the events unfolded along the CMA journey. How the dream has been conceptualized and eventually realized victoriously. All of us savour the taste of emerging as winner in our own battles be it in the form of pressures at work or in school and even the distractions at home. We now reminisce with gratitude those who have become instruments assisting us along the way as we exert our efforts in reaching for our differently viewed but similar targets. They are rightfully addressed and deserve to be recognized.

Together with this accomplishment, I think there is more than the act of achieving what we have initially set for ourselves. As the cliché goes, it is only the beginning. The actual examination may have concluded our painstaking review and studying and even the friendship created but the true essence of pursuing the title I believe are the decisions and the new dreams that we will create, plan and fulfil using the CMA certification that we have earned as our tool, our confidence-booster and competitive edge empowering us in today’s business world.

What has the three-letter acronym after our name has contributed to us? In all the pain, there must be a gain. Let me share with you my thoughts. Personally, the idea of aiming for this recognition has revived my academic self. Studying again has refreshed my thirst for learnings and even sharpened my mind and put to test my skills set. I honestly enjoyed solving problems and answering theoretical questions. However there were times that these, at the back of my mind, were becoming too procedural and mind-aching as well. I also reached a point where I asked myself if all the concepts that we must study could really be of use and be applied in the workplace and practical world at large. With all of these doubts and strains, I realized that true learning does not only take place and does not end at acquiring data and information. It is the process of using these information that teaches us to comprehend better and be more analytical. Problem-solving gives us exercises on critical-thinking skills that are definitely useful not just at work but also in our personal lives. The learning curve and the standard deviation may not directly point to us the solutions for the problems at hand but if we are trained on how to think effectively and critically, we can plan our way to the solution. All these are part of the CMA journey that we all went through. This is one of the reasons why CMA’s are expected to evaluate and recommend choices for decision-making.

What do we do after receiving our certificates and being allowed to use the CMA designation?

This is a more pressing concern as compared before. When we started the review, we knew what to do. Find time to study, cultivate the urge to read without becoming sleepy, commit to the habit of studying daily. Once we have convinced IMA that we deserve the certification at a minimum, what is next to happen?

Since my desire for learning has been sparked, I do not want to lose the momentum of holding all these knowledge. I decided to teach again and I dare to ask Sir Angel if I can also be a CMA instructor in Insights which he willingly accepted.

As I go on with my classes, I suddenly became aware of what my heart truly longs for. It is like finding the place where you feel that you belong and doing the things that excite you most, that is, sharing what you know: the simplification of confusing concepts, the tricks on deriving formulas, the shortcuts to save the precious time. It is like extending a part of myself to others in the manner that I know I do well and it gives an unequal fulfillment bearing in mind that I have helped others in reaching for their own dreams in the way I can and enjoy while at the same time engaging myself in an opportunity to test my own understanding and attaining mastery. This realization has given me direction as per my career path and has taken me to a higher level of self-awareness in seeking my purpose, my reason for existence.

I would like to close my sharing by expressing my gratefulness to all those behind the successes that we are celebrating:

  • To our Almighty God for leading me in this direction, for providing the means and the guts to pursue this investment
  • To my family for the loving care and the unwavering support all throughout
  • To my bosses and officemates for the understanding and the spirit of aspiration
  • To Insights and Sir Angel, for making me feel, be aware of and enjoy my professional value

Lastly, to all aspirants, whether it is CMA title or another dream, dreaming has five stages (according to Sir RB Savella): First is finding the dream. In our childhood days, we think of what we will become when we grow up. Second: Testing it. We go to school to learn how to do it. Third: Fulfilling that dream. We get to work to make it a reality. Fourth: Improving it. We seek continuing learning and growth. Fifth: Sharing the dream. We inspire others. To do this, we, on our own dream, must also be unendingly inspired.

May the Lord continue to inspire us to enjoy life, to dream more and to lead us to the path that He has prepared for us. Thank you once again!


The author, Miriam Leong Hapiz, is currently connected with Philippine National Oil Company-Exploration Corporation as an Attest Accountant. She earned her BSA degree in 2007 and passed the CPA examination in the same year. A dedicated member of the IMA Philippines Chapter, she holds the position of Chapter Secretary and assists in propagating the CMA Program in the country by visiting schools and universities in the Philippines. In passing the CMA examinations she earned the 4th highest average score in the Sept/Oct. 2014 Testing Window.

You Reap What You Sow

Leah_Insights WebsiteWay back then, I was afraid to start my 2014 so I kept this scripture that guided me along my journey:

“Do not be afraid – I am with you! I am your God – let nothing terrify you! I will make you strong and help you; I will protect you and save you.” – Isaiah 41:10

“When I am afraid, I will put my trust in you” – Psalms 56:3

I believed 2014 was a big change for me as I was hoping then to finish my degree and then look for a job. Thank God, I was able to achieve those goals. More so, I was able to surpass my goals as another milestone hit my 2014, passing the two-part CMA examination.

I remember when I was still in college I would always tell myself that someday, I will also see myself being congratulated by my university through those proudly made tarpaulins.  I never thought I would achieve that goal sooner.

I was initially a Management Accounting graduate. I have also dreamt of having that three-letter title after my name. I knew that it wouldn’t be easy to get a certification for management accounting since the opportunity is new in the Philippines. It was not available in our country until last March 2014, when our school was invited to join the 1st CMA Quiz Bowl in the Philippines where I was chosen as one of the participants. I was so excited when I first heard about it  that I immediately submitted my registration form,  making  Sir Angel remember me as the “very first participant from DLSU-D who submitted the registration form for the first quiz bowl”. The quiz bowl gave me an insight of how the CMA examination would be. So, after the quiz bowl, when we were invited to enroll for the CMA review, without second thoughts, I discussed it with my parents and immediately grabbed the opportunity.

I started my review in April 2014 while waiting for our graduation day. I was in the midst of looking for a job and at the same time having my review, thinking that I could work while studying. When we had our first assessment, I got a low grade. A few days before our exam, I was still behind my target scores. I was a bit depressed at that time. Then, Sir Angel enlightened me. He said that what may have hindered my score improvement is the distraction of looking for a suitable work. Having thought about it, I have decided to pursue the examination over job searching. Taking it for granted might yield unfavorable consequences for my future.

The exam day was fast approaching. I still had a few days to prepare so I studied even harder. I changed my study techniques. I prayed before studying and taking the assessment to seek for guidance and to keep me away from distractions. I had my target topics for the day and assured that it would be finished by day’s end. I had my index cards of the terms and formulas I should be familiar with, which I read while traveling to the review center, a useful technique I learned from Ms. CJ, one of our abled CMA Instructors. As a result of this changed study habits, my scores improved. These changes helped me to be well-equipped for the exam. I was able to pass the CMA Examination-Part 2 last August 11, 2014.

After I took the exam, I started to prepare for Part 1. I adopted the study habits I had in preparing for my Part 2 exam so I was more prepared this time. I was a bit relaxed, more focused and more confident. As with my scores, I progressed faster and better than before. During the exam, honestly, I did not feel nervous. It was as if I was just taking an assessment. Even after the exam, I was confident that I will pass and so I just waited if my score got higher. And yes, I was not wrong. I passed the CMA examination-Part 1 and even got a higher score than what I got in the CMA examination-Part 2. Unofficially, I am now a Certified Management Accountant (CMA), since I will still have to earn my two-year work experience to complete the requirements of the CMA Program.

But still, I nailed it!

So, my advice to those who are planning to take up the CMA: Do not take the exam for granted or with much ease! Yes, it is not an easy exam but with the proper preparation, you can also become a CMA. Keep in mind, nothing worth having comes easy. Also, remember that you reap what you sow. If you study hard, of course you will pass the exam. Preparing for the exam needs time commitment and discipline. You may have to sacrifice, avoiding watching your favorite series, partying, or going out with your friends, for short-term for long-term gain. People have different ways of learning, so it is better that you get to know yourself more, find the study habit that is effective for you and stick to that.

I would not be a CMA today if it were not for those people who believed in me. I would like to express my sincerest gratitude to my professors, instructors, friends and colleagues for the guidance and support. Also, thank you to Insights Financial Reviews for making our dreams possible and to Sir Angel for patiently pushing us forward to reach our goal. To my family, thank you for all the support and for the strong belief that I can do it. Above all, I thank God for blessing me with wisdom and knowledge and for strengthening me to achieve, conquer and surpass.


The author, Leah V. Bolinao, was a B.S. in Management Accounting graduate from the De La Salle University-Dasmariñas in April, 2014. She belonged to the first batch of CMAs of DLSU-D. Currently, she is working as a Cost Accounting clerk of a packaging company located at First Cavite Industrial Estate in Dasmariñas City.

Never Give Up!

Happy New Year!!!_REV1

“Don’t ever give up on your dreams!”

It’s a cliché that we always hear from people around us whenever our resolve is getting tested. Honestly, don’t we quickly retort by saying “it is easy for you to say it because you’re not the one involved”?

There were two recent major events in my life when I thought about giving up on my goals. I seriously considered hanging up the gloves.

In the late quarter of 2012 I started to doubt whether I would really be able to pass the last remaining part of the Uniform CPA Examination, Regulation. Could I really get this U.S. CPA title that I longed so much for? How could I pass Regulation when nothing seemed to click as I studied the lessons? It was a battle of will as I recalled it, and in each of the several instances I almost snapped and said I’ve had enough of this. I postponed my exam and repaid the fees for the second (gladly the last) time for a date in Feb’13.

God listens. God sees what we’re going through. He acts when He sees you’re about to give up. And His timing is impeccable.

I got my rhythm, and interest in studying, back and notched the much needed victory, passing Regulation on my first take. At last, the “light at the end of the tunnel has revealed its awesome radiance”, and so I wrote. I earned my U.S. CPA license under the Colorado State Board of Accountancy.

After more than 16 months of slump, things weren’t still going as planned for Insights. The load had become heavier and heavier each month, as the last ounce of invested capital and savings had reached the bottom slack of the drum. There was nowhere else to go if the last promotional project didn’t deliver. Should we pull out now while we could, or do we “die” trying? My wife exclaimed “You don’t give up on your dream. We keep digging!” These were the words that fueled us to press forward. And we’re just so glad we did, because we closed out year 2014 with a very respectable passing percentage at 61 CMA exam parts passed out of 71 exam parts taken. God willing, it looks like we’re on our way to producing top performers (worldwide) in the last testing window of 2014!

It is easy to realize what resilience, hard work, and faith in God can bring about in a person’s quest for victory. God’s Mighty hand will be there to bless you each step of the way if you dedicate your deed toward helping others.

If you don’t see the path that leads you to your destiny, start building the road that leads you to your goal NOW. And as you do, always remember that “The road to success is not straight. There is a curve called Failure, a loop called Confusion, speed bumps called Friends, red lights called Enemies, caution lights called Family. You will have flat tires called Jobs, but if you have a spare called Determination, an engine called Perseverance, a driver called Will Power, you will make it to a place called SUCCESS.

Just as when you thought of giving up, always remember that your dream deserves another chance.

May you all have a prosperous 2015!

A Chapter in My Life: The Road to Becoming a Certified Management Accountant

Rhad Vic EstoqueOur school received an invitation from Insights Financial Review Services for the First-Ever CMA Quiz Bowl in the Philippines. The categories included competition for graduating students, non-graduating 4th year students, and Faculty members. The prize included a full scholarship for the CMA exam including the privilege to attend review classes at Insights located in Makati.

This was an opportunity that was too good to pass.

I joined the faculty category of the Quiz Bowl when it was held in March, 2014. By God’s grace I won; but winning was just the first big leap. Despite winning, I could not celebrate much because the pressure became “greater” than ever. More were at stake, proving myself by taking the CMA exams was the next big hurdle.

For me, taking the CMA exams means having myself take an exam on a field that I claim am expert of.  It was a very big risk to take because, personally, my reputation was at stake. The pressure was high, it was a make or break situation. One should understand where I’m coming from. I am a CPA Board Exam Reviewer, undergraduate in-house review coordinator and reviewer, and graduate school teacher in the field Management Accounting and Financial Management. If I fail, there is a possibility that my superiors and future students would question my credibility to teach the subject. Failing was not an option.

To reach greater heights, I had to leave my comfort zone. Risk it all.

Preparing for the CMA exams was the most difficult part. I had to juggle the pressures of work and the demands of studying. You see the nature of my work is a bit complicated. In the university, I regularly teach in the undergrad, perform my duties as Program Chair and CPA Review Coordinator, and teach in the undergrad CPA review. As a freelance reviewer, I regularly teach in CPA review schools in Baguio City and nearby provinces. When I was preparing for the Part 2 exams, I had to go to Thailand for 2 weeks to teach in the Graduate School. And aside from the teaching work, I regularly go to office as a corporate accountant.

First Quiz Bowl Champion_Rhad Vic EstoqueFinding time to study was a challenge. While my students were taking their periodic exams, I would be solving quizzers while proctoring them. All possible free time that I had was devoted for studying. No more watching television and hangout nights. It was either I worked or I studied. Self-discipline and time management were the key. If you want to achieve your dreams, you have to sacrifice; and sacrifice a lot. Time was a scarce resource when I was studying, so studying using the right materials was a must so as not to waste time.

Accuracy, Speed, and Endurance were the major areas that I had to develop for the CMA exams. Big thanks to Sir Angel for helping me attain them and mentoring me. For pushing me when I got exhausted. For encouraging me when I got frustrated during the time I failed to attain my targets. Sir Angel was very generous enough to provide his resources, the voluminous set of study questions and pre-board exams; the online simulated exams; the audio books that I used to listen while driving; for providing me the proper materials to study.

In addition to the resources provided by Sir Angel, I had to do additional internet research and went back to reading textbooks for further reading. I had to use all possible resources in preparing for the CMA exams. On a personal note, it was better to over prepare.

Insights CMA Scholar_Rhad Vic EstoqueFor me taking the CMA exams was easy. It was easy because I prepared for it. I sacrificed a lot. It was more than I sacrificed for, it was more than worth it. Having the letters CMA added to my name is a dream come true.

But before any of the series of events that led to my journey of becoming a CMA, I prayed first. God planned and placed all the people and resources for me to become a CMA. It was part of His grand plan from the day I was born. It was not by chance, but it was His plan. Right after taking the CMA exams, I claimed the illustrious three-lettered credential “CMA”. I claimed it in God’s name.

To God be the glory!


The author, Rhad Vic Estoque, CPA, MBA, CMA, is one of the lead CMA instructors of Insights Financial Review Services. He is currently the Vice President for External Affairs of IMA Philippines, and teaches both undergraduate and post-graduate students in the area of Management Accounting and Financial Management, among others.

Never Too Young

HenriReflections take me to moments where I remember my five-year-old self handing over changes to customers from their small school supplies purchases from our humble store, how I meddled with conversations over negotiations on mom’s and dad’s sales and purchases asking what are these and those, and how I had always gone to kindergarten with my big bag plus a big plastic container full of to-be-sold banana cues and barbeques my mom cooked early in the morning and would remit the proceeds after my class in the afternoon.

Those awesome business matters slowly revealed to me that Math – my favorite subject in my academic life – was all involved all throughout the process. And that my even more favorite subject – Management – was beginning to stir and kick it all in me.

These business ins and outs, idea generations, and operational improvements are the things I know I want and enjoy doing. Thanks to my Alma Maters, DWCB, and Saint Louis University (SLU)-Baguio for giving me so much opportunities to learn and to be in business case and business idea competitions.

These are my reasons why I wanted to be a Certified Management Accountant (CMA), not because it is a requirement for me to do these things, but is a license to open new doors for learning.

However, I did not know how to become one of the CMAs, and where to apply for it. These are the times then that God works. Sir Angel Secerio and the Insights Financial Review team came up with a CMA Quiz Bowl and my batchmates gave it a chance. It was free.

Emerging to be in the Top 75 of the Quiz Bowl, I was more interested to know what CMA was. I had simple e-mail conversations with Sir Angel, and in a short time, Sir Angel opened an opportunity for one of the credentials I was aching for: The CMA title.

I signified my big interest on the matter and had consulted with my parents. They all asked what it is and why it is needed. Debates filled our room and we finally came to a conclusion – both the CPA and CMA credentials are to be targeted and earned by October 2014.

Pressures and time demands from the CPA exam review made the CMA journey more difficult. Weekdays were for the CPA review in Sampaloc, Manila, and weekends were for the CMA review in Makati. Transportation was painful to the body and to the pocket, but all I thought was I entered this in the first place and I wanted it.

My friend from SLU – Reinerio Belarmino III, all my co-CPAs-turned-CMAs friends from DLSU – Dasmarinas, and all ates and kuyas who also reviewed were with me in the journey, and they all made the journey a lot easier.

The most critical point was reviewing for the CMA while waiting for the CPA results. All possible feelings were present – excitement, nervousness, anxiety; everything, even stomachaches.

Then the days came – October 28 and 31, 2014. All the nervousness sank in. I did not concentrate eating my breakfast because of the nervousness, and all I wanted was to have a good fight and finish the exam.

There were all sorts of complex security inspections, plus a hassle time processing your exams in the testing center. This was because I think it was a first that our batch was so big they did not expect such a number. But all these were part of it and I could never back out.

Four hours straight of multiple choice exams and essays for each of the two parts and you would just want to lie down and sleep after. The exam was so challenging, not to mention that the allowable calculator was just the basic one.

Audit work started early November for me and a morning e-mail check on December 12 made my day. I passed the CMA exams. Seriously, I passed both parts of the CMA Exam. Finally, I made it!

I told my family and my mom responded via SMS how happy and tearful she was when she read my text.

It takes just the right amount of determination, perseverance, and prayer, and the right coaching to get something you want. I never expected to get two titles by taking two exams in a single month. And when you get where you wanted, never forget to thank the people who pushed you to the top.

No one is too young or old for accomplishments. And no one is too young or old to learn something. We can never be discouraged if someone throws we are too young that we still do not know anything. Yes, there is so much to know, but there is also so much to share at a young age, especially our perspectives. If not now, then when do we start?

At 22, having the title was just the beginning. The rest of life must be spent contributing more greatly to the development of the world.


The author, Henri Lomeus N. Ching, is a Bachelor of Science in Accountancy graduate of Saint Louis University in Baguio. He is currently working as an Audit Associate at SyCip, Gorres, Velayo and Company (SGV), CPAs based in Makati, Philippines.


Insights - Quiz Bowl Scores - FinalAfter two weeks of carefully checking the answer sheets we have now finalized the list of top performers who are eligible to receive the contest prizes which include CMA Program scholarship for the top two slots for each category and student memberships to the Institute of Management Accountants (IMA).

Scoring on the essay section was tough because a vast majority of the participants’ handwriting were found to be, literally, “sketchy”. Partial credits were given to incorrect answers which showed computations that somehow demonstrated knowledge on the topic tested in the essay, i.e. Activity-Based Costing a.k.a. ABC.

There were some participants who fared very well in the essay and overtook candidates who scored way ahead in the multiple-choice questions (MCQ) section but poorly in the essay. Equally so, a handful of participants scored very well in the MCQ part but obviously did not put any effort to provide decent answers to the essay questions. Essay answers were scored for clarity, logical presentation of response, and proper application of the ABC concept to the case under consideration.

University of the Cordilleras stalwart, Ms. Judy Bayawa, topped the BSA category, nosing out second-placer Ms. Janelle Quezada from De La Salle University-Dasmarinas by a very slim margin.

No. 1 Ms. Anna Dorothea Reyes and No. 2 Mr. Dan Joseph Sorilla, both from De La Salle University-Dasmarinas, topped the non-BSA category, besting a field of 36 other hopefuls from Cavite, Cabanatuan and Baguio.

Two 4th year BSA students, Ms. Stephanie Solomon from the University of Baguio, and Mr. Hero Salcedo of the Colegio de Dagupan, are being recognized in this event and will be awarded medals and modest cash prizes for showing up strong in the BSA category.

In the college professors category, veteran CPA reviewer and UB Dept. Head Mr. Rhad Vic Estoque capped a stellar performance by consistently showing the way in both the MCQ and essay sections. Ms. Jasmin May Baniaga, Accountancy Dept Head of the University of the Cordilleras, came in second by banking on a fantastic run on the essay, while Ms. Krystal Jane Ortega of the Lyceum of the Philippines University-Cavite is not to be denied recognition for tallying a very close third.

Here are the names of the top performers over a field of 190 students from the two main categories, given in alphabetical order.




Abesamis Jetlli Castillo SLU


Abito Karren Jill N. DLSU-D


Abratique Banoar Rapuet SLU


Acuña Jessica Jane UC


Aguilar John Vincent A. DLSU-D


Albornoz Maria Odizel Camille N. DLSU-D


Alejandro Keycie UC


Alviento, Jr. Ferdinand UC


Angeles Maureen Joyce D. AU-PHINMA


Aquino Mark Tom N. WUP


Atanacio Arabelle B. AU-PHINMA


Balandan John Paul E. SPC


Bangsail Sonny UC


Basilio Lourilyn M. UC


Batac Louis Paulo C. DLSU-D


Baurile Mike Emelson DL. DLSU-D


Bayacal Rona Chrisandra M. DLSU-D


Bayawa Judy UC


Bolinao Leah V. DLSU-D


Borja Myra Ann A. WUP


Bulahao Aldrick UC


Buma-a Emmalyn Grace UC


Cajes Mark DG. AU-PHINMA


Calderon Victorius V. AU-PHINMA


Carino Joan Marie B. UB


Castillo Keinth Roger B. DLSU-D


Ching Henri Lomeus N. SLU


Culaban Bernadine F. SPC


De Jesus Gely Ann C. DLSU-D


Degala Melissa F. WUP


Dolteo Daphnee P. UB


Edquid Franz  Paula L. DLSU-D


Espiritu Kevin D. AU-PHINMA


Estopin Jennierose C. DLSU-D


Famarin Maria Erika Ann F. DLSU-D


Garcia Emillyn T. DLSU-D


Garcia Kris Emilia F. WUP


Lim Ma. Ellaine P. AU-PHINMA


Llemos Kristiana Marie M. DLSU-D


Loguibis Erwin Denga-Ey SLU


Masil Kathlyn Ann D. DLSU-D


Monilla Ma. Nerissa P. WUP


Morales Johannah A. DLSU-D


Obra Juralyn Lilian UC


Pablo Lielani C. UB


Pagarao Maryjane M. DLSU-D


Palipa Martin A. UB


Palma Prince Kelvin T. DLSU-D


Panelo Mispah Joy UC


Panganiban Jesse James C. DLSU-D


Pulido Jomielyn M. LPU


Punzalan Leo Niño F. AU-PHINMA


Quezada Janelle P. DLSU-D


Recana Eirvin King D. DLSU-D


Reyes Jeremiah E. UB


Reyes Anna Dorothea L. DLSU-D


Reyes Dianne Eunice M. DLSU-D


Reyes Kathleen M. WUP


Reyes Christian Z. SPC


Salcedo Hero M. CDD


Sambas Blaise Agatha D. DLSU-D


Samson Melissa C. AU-PHINMA


Sayson Jovelyn C. CDD


Sharief Hanie Mas-od UC


Simbulan Jr. Ronald  S. AU-PHINMA


Solomon Stephanie A. UB


Sorilla Dan Joseph N. DLSU-D


Tagaban Rovee Lyn UC


Tamondong Aldrin Ryan UC


Timagos Jonh Rey O. AU-PHINMA


Tocyapao Maricel UC


Tumambing Eunise Mariel UC


Usigan Donna Katrina S. DLSU-D


Valdez Francis Lorenzo UC

Based on the final tally we believe that given the ample time to prepare for the quiz contest at least more than 50% of the participants would have earned above “360”, the scaled score required to pass the CMA examinations.

The list of names who participated in the Quiz Bowl will now be submitted to IMA for the issuance of Certificates of Participation.

On behalf of the management of Insights Financial Review Services and the Institute of Management Accountants, I would like to thank you all for actively taking part in this event. We look forward to seeing more accountancy schools from the whole country participating in this event next year and the years to come.

About Insights

Insights Financial Review Services is a professional CPA, CMA and CIA review course provider that seeks to become a key partner in the development of Filipino accountants and finance professionals in making them globally competitive. Through its courses and certification programs, accountants will be able to augment and update their skills as well as prepare for international certification as a CPA, CMA, CIA, among others. We offer well-balanced course programs that suit the busy schedule of working professionals like you. In addition to offering training and review services, Insights provides a suitable venue that allows students and professionals to share their knowledge, resources, and best practices in accountancy. We believe such interaction helps establish an extensive professional network of Filipino accountants and finance professionals around the Philippines and across the globe, allowing members to have access to career opportunities, new information and approaches, and potential business contacts.

About IMA® (Institute of Management Accountants)

IMA®, the association of accountants and financial professionals in business, is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. Globally, IMA supports the profession through research, the CMA® (Certified Management Accountant) program, continuing education, networking and advocacy of the highest ethical business practices. IMA has a global network of more 20,000 CMA members in more than 100 countries and 300 local professional and student chapters. IMA provides localized services through its offices in Montvale, N.J., USA; Zurich, Switzerland; Dubai, UAE; and Beijing, China. For more information about IMA, please visit

All Set for the CMA Quiz Bowl in Four Locations!

CMA Quiz Bowl_March 30 2014There’s no stopping now. The CMA Quiz Bowl is all set to take place in four different locations. In cooperation with the Institute of Management Accountants, the Insights Team have been privileged to co-sponsor the event in three prominent schools of Accountancy in the country.

For Baguio and the Cordillera region, where a record 150 participants will be heading to the University of Baguio (UB) campus to vie  for the top prizes at stake, we would like to acknowledge the efforts of UB Dean Kareen Leon and Sir Rhad Vic Estoque, together with CPA Reviewer Mark Alyson Ngina, for making this dream a reality. Students from University of the Cordilleras, Colegio de Dagupan, King’s College of the Philippines, and Saint Louis University comprise the strong 150-delegates who will put to test their skills in the area of management accounting, cost accounting, and corporate finance.

De La Salle University-Dasmarinas co-sponsors the event in the Cavite region. Special thanks to Dr. Mary Felidora Amparo, Dean of the College of Business Administration and Accountancy, and Ma’am Eden Cabrera, Department Head, for allowing the use of their room facilities where a total of 103 students and college instructors from DLSU, Lyceum of the Philippines University, and Emilio Aguinaldo College-Cavite, will partake in the quiz contest.

In Nueva Ecija area, Wesleyan University Philippines and Araullo University-PHINMA students spearhead the 72-man competitors from Cabanatuan City. Special thanks go to student leader, June Jorie Barlis, who assisted in organizing this event despite heavy schedule as a new graduate this year.

A lone participant from Lyceum of the Philippines University in Manila and six participants from San Pablo Colleges complete the cast of hopefuls who stand the chance to earn the coveted title as winners of the first-ever CMA Quiz Bowl.

Visit this page on or before April 25 to find out who the top performers are this year!