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Saint Louis College

Carlatan, City of San Fernando, La Union

College of Commerce, Secretarial and Accountancy

DINAH AND BHANDAMME AUDITING SERVICES

A Business Plan Presented to Commerce,

Secretarial and Accountancy

In Partial Fulfillment of the Requirementin

Management Consultancy Services (Acctg. 9)

Submitted by:

Estalilla, Christian P.

Goldara, Rex P.

Lana, Christopher Kyle B.

Morla, Mylene P.

Nieva, Danica F.

Submitted to:

Perlita E. De Guzman, CPA, MBA

November 2018
1.0 INTRODUCTION AND GENERAL BACKGROUND

1.1 Name of the Business

The name of the business is Dinah and Bhandamme

Auditing Services. The name was derived from its two owners; Mrs.

Merish Dinah A. Rebuldela and Bhandamme Paragas. The service

that the business offers is Audit of Financial Statements.

1.2 Business Address

The business will be located at the 2nd floor, room 301 of

DNCP Building, above Villarica Pawnshop, City of San Fernando La

Union.

1.3 Nature of the Business

The business is an auditing services that will help small-

medium enterprises to have their audited financial statements as a

requirement to the Bureau of Internal Revenue and filing of their

income tax return. It aims to provide quality and reliable auditing

services.

1.4 Owners of the Business

The owners of the business are Mrs. Dinah A. Rebuldela,

CPA, MBA and Mr. Bhandamme Paragas, CPA. The two owners are

currently instructors of College of Commerce, Secretarial and

Accountancy in Saint Louis College.


1.5 Form of the Business

The Dinah and Bhandamme Auditing Services is a

partnership having Mrs. Merish Dinah A. Rebuldela and Mr.

Bhandamme Paragas as partners.

1.4 Scope and Delimitation

The business plan entitled Dinah and Bhandamme Auditing

Services focused on the Small-Medium Enterprises in the City of

San Fernando, La Union. The business was planned based on the

feasibility study conducted by the Business Administration

students of Saint Louis College, Carlatan, City of San Fernando, La

Union published on January 2018. Secondary data gathering

method used was through observation and reading of electronic

materials about auditing services industry. The information

gathered were reviewed and analyzed using standards in the

auditing industry and will be applied to the existing business plan.

The business was strategized based on the projected output of the

feasible study.

The business plan is delimited on the amounts provided in

the feasible study in order to account for the reliability and

feasibility of the plan. It also bounded by the Ethical Standards

and Philippine Financial Reporting Standards in providing services

to maintain reliable updates offered among clients of the business.


1.7 Brief description of business

Dinah and Bhandamme Auditing Services provides auditing

of financial statements, in accordance with the latest regulations

and standards. The firm through its services aim to deliver quality

audit and assurance services to small and medium size businesses

relevant with the requirements of current regulations, to deliver

better insights, and enhance the credibility of client’s financial

records.

1.8 Objectives

The overall objectives of Dinah and Bhandamme Auditing Services

are:

1. Our main objective is to be the best certified public accounting

firm in the areas where we compete. We strive to help our clients

strengthen their operational efficiency and increase their profits.

2. To generate sufficient cashflow to finance future growth and

development, to provide the resources needed to achieve the other

objectives of the business and the owners.

3. To expand the business at a rate that is both challenging and

manageable, serving the market with innovation and adaptability

4. To express an opinion on the truth and fairness of financial

statements.
1.9 Vision-Mission

Vision Statement

Our vision is to build an auditing and assurance service firm

brand that will become the number one choice for both small and

medium business. Our vision reflects our values: integrity, service,

excellence and teamwork.

Mission Statement

Our mission is to provide professional, reliable and trusted

auditing and assurance services that assist clients in their

business.

To maintain integrity and honesty in everything we do.

To provide for the development, growth and accountability of our

team members by offering opportunities to achieve personal and

professional success.

To maintain an environment that encourages giving back to our

community.

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