The global market for outsourced accounting services is poised for significant growth, driven by technological advancements and the need for cost optimization. Companies are increasingly turning to outsourcing to reduce operational expenses, particularly in an era where efficiency and the bottom line are critical. By outsourcing, businesses can lower overhead costs, improve focus on core activities, and enhance profitability. This trend is fueled by the desire to streamline operations and leverage specialized expertise, ensuring a more productive and cost-effective approach to managing accounting functions.
Bulano Accounting and Auditing Office, founded by Diosdado C. Bulano, has been a trusted name in the outsourced accounting services industry for 28 years. With a strong foundation in accounting and extensive expertise in business management, the firm has continuously evolved to meet changing regulations and technological advancements. Bulano Accounting and Auditing Office has embraced digital transformation to enhance operational efficiency and service delivery. The firm prioritizes clear communication and client engagement through real-time updates via digital platforms, ensuring transparency and responsiveness. This adaptability, combined with a commitment to innovation, has allowed the company to maintain long-standing client trust across various industries.
Bulano Accounting and Auditing Office offers tailored accounting solutions for clients across various industries. The firm has successfully collaborated with clients in sectors such as hospitals, schools, trading, servicing, nonstock nonprofit organizations, systems development, and more. By understanding the unique demands of each industry, Bulano Accounting and Auditing Office customizes services to address specific client needs, focusing on efficiency and costeffectiveness. The firm also partners with specialists to assist in digital transformation efforts, ensuring clients benefit frommodern, streamlined processes. Ultimately, the firm’s goal is to help clients maximize profits, minimize overhead, and foster long-term relationships built on trust and collaboration.
Bulano Accounting and Auditing Office places a strong emphasis on continuous learning and development for its team of certified public accountants, tax professionals, and bookkeeping experts. The firm ensures compliance with regulatory requirements, such as the Board of Accountancy’s mandate for CPAs to complete 130 units of Continuing Professional Development (CPD) every three years. After fulfilling these requirements, the knowledge is shared across the accounting and auditing departments, keeping the entire team up-to-date with the latest regulations and practices. Monthly training sessions focus on updates from government agencies. “Our company operates under four key pillars, namely Learning and Growth, People, Client Care, and Operational Excellence, all aimed at enhancing our team's expertise and delivering exceptional service to our clients”, adds Diosdado Bulano.
Building Long-Term Client Success
At Bulano Accounting and Auditing Office, the onboarding process for new clients begins with an initial meeting where the team discusses the client’s concerns, operations, and expectations. The firm carefully listens to the client's challenges with their current accounting systems and identifies areas requiring improvement. A key part of this process involves educating clients on regulations issued by government agencies such as the SEC, BIR, and Business Bureau. To gain a comprehensive understanding of the client’s operations, Bulano Accounting and Auditing Office conducts a business process review. This review allows the team to assess the client's needs, evaluate areas for improvement, and introduce internal control measures. By doing so, the firm helps clients minimize losses, improve operational efficiency, and enhance overall productivity. This approach ensures a clear path toward positive financial outcomes.
In terms of tax compliance, Bulano Accounting and Auditing Office takes pride in maintaining its clients’ adherence to deadlines and regulations. The firm uses social platforms to keep clients updated on regulatory changes and filing deadlines. Regular follow-ups, seminars, and direct client visits further ensure that tax laws are understood and applied correctly, helping businesses avoid penalties and stay compliant. Significantly, the firm has fully embraced digital transformation, leveraging various accounting software and tools to enhance efficiency and accuracy in bookkeeping and financial reporting. By maximizing internet platforms, the firm has streamlined its operations, ensuring that processes are both effective and sustainable. This commitment to digitalization allows the firm to deliver precise financial insights and maintain high standards in its services, ultimately benefiting clients and positioning the company for continued success in an increasingly technology-driven landscape.
A standout success story from Bulano Accounting and Auditing Office involved a client suffering from consistent losses over several years. Through a detailed review of the client’s processes and detailed audit, the firm was able to identify areas at risk of losses. They introduced sound internal controls, and the client’s operations underwent a complete 360-degree turnaround, shifting from losses to substantial profits. Bulano Accounting and Auditing Office's commitment to protecting investor interests and building strong client relationships is reflected in its tagline, “Serving with wisdom, standing with credibility.”
Bulano Accounting and Auditing Office has experienced remarkable growth, starting with just five clients and expanding to hundreds of clients today
A Journey of Tremendous Growth and Future Readiness
Since its inception, Bulano Accounting and Auditing Office has experienced remarkable growth, starting with just five clients and expanding to hundreds of clients today. The firm caters to a diverse range of industries, including construction, healthcare, education, religious institutions, real estate, hospitality, servicing, trading, manufacturing and more. With expertise within the family, Diosdado C. Bulano, the founder, along with his daughter, also a CPA and his son, an IT, the firm is well-equipped to address various client needs, especially on business development and adaptation of digital transformation.
As the accounting industry evolves, Bulano Accounting and Auditing Office is preparing for the future by strengthening its auditing department, recognizing that while accounting software will become more accessible, auditing will continue to require human expertise. The firm remains proactive, training its team for future challenges to ensure long-term sustainability.
Diosdado C. Bulano, Founder & CEO, Bulano Accounting & Auditing Office
Diosdado C. Bulano is a seasoned CPA and the founder of Bulano Accounting and Auditing Office, with 45 years of experience in the accounting industry. Formerly a bank manager, he has pursued further education, including a master's degree in management and a doctorate in business administration. His commitment to continuous learning enables him to adapt to changes in accounting regulations and technologies effectively. Catering to diverse industries, Bulano Accounting and Auditing Office exemplifies a forward-thinking approach, effectively meeting the unique needs of the clients for tangible outcomes.
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