Security Bank and SGV & Co. recently hosted Business Forum 2025: Navigate BIR tax audits with confidence, an event aimed at helping clients stay compliant with tax regulations and prepare for BIR audits. 

 Held at the Security Bank Centre in Makati City on March 12, 2025, the forum gathered business owners, finance professionals, and industry leaders for presentations on tax law updates, year-end filing best practices, and audit preparedness. 

 SGV tax partners provided insights essential for business owners. Francis Ricamora discussed best practices for year-end filing, focusing on accurate Income Tax Return (ITR) and Financial Statement (FS) preparation to help businesses avoid penalties and ensure compliance. Atty. Cheryl Ong provided practical strategies for handling BIR audits, equipping attendees with actionable steps to manage tax assessments efficiently and minimize risks. The session was moderated by Atty. Thyrza Marbas. 

 Through events like this, Security Bank reinforces its BetterBanking commitment to client success by offering expert guidance and practical solutions. With tax season approaching, the forum provided attendees with advice to help them manage their tax obligations and audits effectively. 

 “At Security Bank, our commitment goes beyond simply ensuring compliance with regulations—we’re here to empower our clients with the knowledge and support to thrive in today’s ever-evolving business environment. We understand that tax compliance and financial reporting are critical for any business, so staying ahead of recent tax laws and understanding best practices for financial management, our clients can avoid penalties, optimize their operations, and enhance their long-term success,” said Leslie Y. Cham, EVP and Branch Banking Group Head. 

 The Bank regularly works with industry experts and government officials to host seminars and events to offer valuable knowledge that help clients make informed decisions and stay ahead of regulatory changes. Previous sessions have included guest speakers from the Bangko Sentral ng Pilipinas (BSP), the Department of Economic Research, independent research organizations, economic think tanks, and other industry organizations and leaders.