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APPENDICES

Republic of the Philippines


CAVITE STATE UNIVERSITY
(CvSU)
Don Severino de las Alas Campus 166
Indang, Cavite
(046) 415 0010

APPENDIX A
Letters

COLLEGE OF ECONOMICS, MANAGEMENT AND DEVELOPMENT


STUDIES

___________________________
___________________________
___________________________

Sir/Madam:

Good day!

We, the 5th year BS Accountancy students of Cavite State University – Main
Campus, are currently conducting a project feasibility on the establishment of
"HappiTown”, a recreational center in Indang, Cavite. Your students are considered part
of the target market of the business. In this regard, we are requesting your good office to
Republic of the Philippines
CAVITE STATE UNIVERSITY
(CvSU)
Don Severino de las Alas Campus
Indang, Cavite 167
(046) 415 0010
provide us a copy of the number of enrollees in your school and allow us to conduct an
interview. The purpose of this is to determine the projected demand of the proposed
business and to determine the responses of your students regarding our questions for the
feasibility study.

We assure that the information that we will obtain will remain confidential and be
used for academic purposes only. We are hoping for your favourable response.

Respectfully yours, Noted by:

MARY ANNE R. LOPEZ JOHN LERRY MARTINEZ


Instructor
IVY N. LOPEZ
`
GRACE ANN M. PIEDAD DOLORES L. AGUILAR
Chairperson, Department of Accountancy
COLEEN JAN ALEXA C. RODRIN

PATRICIA KATE C. TAGANAS DR. MARLON A. MOJICA


Dean, CEMDS
SOHFIA JESSE N. VERGARA

COLLEGE OF ECONOMICS, MANAGEMENT AND DEVELOPMENT


STUDIES

___________________________ November 13, 2019


___________________________
___________________________

Sir/Madam:

Good day!

We, the 5th year BS Accountancy students of Cavite State University – Main
Campus, are currently conducting a project feasibility on the establishment of
"HappiTown”, a recreational center in Indang, Cavite. Residents of your
168

municipality/city are considered part of the target market of the business. In this regard,
we are requesting your good office to provide us a copy of the population of your area
and allow us to conduct an interview. The purpose of this is to determine the projected
demand of the proposed business and to determine the responses of your students
regarding our questions for the feasibility study.

We assure that the information that we will obtain will remain confidential and be
used for academic purposes only. We are hoping for your favourable response.

Respectfully yours, Noted by:

MARY ANNE R. LOPEZ JOHN LERRY MARTINEZ


Instructor
IVY N. LOPEZ
`
GRACE ANN M. PIEDAD DOLORES L. AGUILAR
Chairperson, Department of Accountancy
COLEEN JAN ALEXA C. RODRIN

PATRICIA KATE C. TAGANAS DR. MARLON A. MOJICA


Dean, CEMDS
SOHFIA JESSE N. VERGARA
169

APPENDIX B
Computation of Project Demand
170

Step 1: Compute for the demand rate based on the frequency of going to amusement and

recreational centers by the respondents.

Frequency Frequency per year Percentage Weighted Percentage*


Once a month 12/360 71.2% 2.37%
Twice a month 24/360 0 0
Thrice a month 36/360 4.8% 0.48%
Once a week 48/360 7.8% 1.04%
Twice a week 96/360 16.2% 4.32%
Thrice a week 144/360 0 0
Total 8.21%
*Weighted Percentage = Frequency per Year x Percentage

The demand rate to be used is 8.21%.

Step 2: Compute for the Potential Customers of the segments: Kids, Students, and Adults.

Projected Potential Customers – Kids (ages 1-9 years old) on Indang for 2020 – 2024
171

Year Projected Annual Potential

Population Demand Rate Customers*


2020 10, 968 8.21% 901
2021 11, 186 8.21% 919
2022 11, 411 8.21% 937
2023 11, 638 8.21% 956
2024 11, 872 8.21% 975
Total 4, 688
*Potential Customer = Projected Annual Population x Demand Rate

Projected Potential Customers – Adults on Indang for 2020 – 2024

Year Projected Annual Potential

Population Demand Rate Customers


2020 34, 146 8.21% 2, 804
2021 34, 829 8.21% 2, 860
2022 35, 526 8.21% 2, 917
2023 36, 236 8.21% 2, 975
2024 36, 961 8.21% 3, 035
172

Total 14, 591

Projected Potential Customers – Students on Indang for 2020 – 2024

Year Projected Number of Potential

Students per year Demand Rate Customers


2020 24, 447 8.21% 2, 008
2021 24, 895 8.21% 2, 044
2022 25, 393 8.21% 2, 085
2023 25, 901 8.21% 2, 127
2024 26, 420 8.21% 2, 170
Total 10, 434
Step 3: Compute for the Potential Market and Projected Demand for each segment, for

the years 2020 – 2024.

2020 Projected Potential Market and Projected Demand – Kids

Frequency Potential Percentage of Number of Total Number

Customers Frequency times per of Services*

year
Once a month 901 46.9% 12 5, 071
Twice a month 901 13.8% 24 2, 985
Thrice a month 901 5.4% 36 1, 751
Once a week 901 17.7% 48 7, 655
Twice a week 901 6.9% 96 5, 969
Thrice a week 901 9.3% 144 12, 067
Total Potential

Market 35, 498


Multiply by:

Projected Demand 97.6%


Projected 34, 647
173

Demand
*Total Number of Services = Potential Customers x Percentage of Frequency of x

Number of times per Year

2021 Projected Potential Market and Projected Demand – Kids

Frequency Potential Percentage of Number of Total Number

Customers Frequency times per of Services

year
Once a month 919 46.9% 12 5, 173
Twice a month 919 13.8% 24 3, 044
Thrice a month 919 5.4% 36 1, 787
Once a week 919 17.7% 48 7, 808
Twice a week 919 6.9% 96 6, 088
Thrice a week 919 9.3% 144 12, 308
Total Potential

Market 36, 208


Multiply by:

Projected Demand 97.6%


Projected 35, 340

Demand
174

2022 Projected Potential Market and Projected Demand – Kids

Frequency Potential Percentage of Number of Total Number

Customers Frequency times per of Services

year
Once a month 937 46.9% 12 5, 274
Twice a month 937 13.8% 24 3, 104
Thrice a month 937 5.4% 36 1, 822
Once a week 937 17.7% 48 7, 961
Twice a week 937 6.9% 96 6, 207
Thrice a week 937 9.3% 144 12, 549
Total Potential

Market 36, 917


Multiply by:

Projected Demand 97.6%


Projected 36, 031

Demand

2023 Projected Potential Market and Projected Demand – Kids

Frequency Potential Percentage of Number of Total Number

Customers Frequency times per of Services


175

year
Once a month 956 46.9% 12 5, 381
Twice a month 956 13.8% 24 3, 167
Thrice a month 956 5.4% 36 1, 859
Once a week 956 17.7% 48 8, 123
Twice a week 956 6.9% 96 6, 333
Thrice a week 956 9.3% 144 12, 803
Total Potential

Market 37, 666


Multiply by:

Projected Demand 97.6%


Projected 36, 763

Demand

2024 Projected Potential Market and Projected Demand – Kids

Frequency Potential Percentage of Number of Total Number

Customers Frequency times per of Services

year
Once a month 975 46.9% 12 5, 488
Twice a month 975 13.8% 24 3, 230
Thrice a month 975 5.4% 36 1, 896
Once a week 975 17.7% 48 8, 284
Twice a week 975 6.9% 96 6, 459
Thrice a week 975 9.3% 144 13, 058
Total Potential
176

Market 38, 415


Multiply by:

Projected Demand 97.6%


Projected 37, 494

Demand

2020 Projected Potential Market and Projected Demand – Students

Frequency Potential Percentage of Number of Total Number

Customers Frequency times per of Services

year
Once a month 2, 008 46.9% 12 11, 302
Twice a month 2, 008 13.8% 24 6, 651
Thrice a month 2, 008 5.4% 36 3, 904
Once a week 2, 008 17.7% 48 17, 060
Twice a week 2, 008 6.9% 96 13, 301
Thrice a week 2, 008 9.3% 144 26, 892
Total Potential

Market 79, 110


Multiply by:

Projected Demand 97.6%


Projected 77, 212

Demand
177

2021 Projected Potential Market and Projected Demand – Students

Frequency Potential Percentage of Number of Total Number

Customers Frequency times per of Services

year
Once a month 2, 044 46.9% 12 11, 504
Twice a month 2, 044 13.8% 24 6, 770
Thrice a month 2, 044 5.4% 36 3, 974
Once a week 2, 044 17.7% 48 17, 366
Twice a week 2, 044 6.9% 96 13, 539
Thrice a week 2, 044 9.3% 144 27, 374
Total Potential

Market 80, 527


Multiply by: 97.6%

Projected Demand
Projected 78, 595

Demand
178

2022 Projected Potential Market and Projected Demand – Students

Frequency Potential Percentage of Number of Total Number

Customers Frequency times per of Services

year
Once a month 2, 085 46.9% 12 11, 735
Twice a month 2, 085 13.8% 24 6, 906
Thrice a month 2, 085 5.4% 36 4, 054
Once a week 2, 085 17.7% 48 17, 715
Twice a week 2, 085 6.9% 96 13, 812
Thrice a week 2, 085 9.3% 144 27, 933
Total Potential

Market 82, 155


Multiply by: 97.6%

Projected Demand
Projected 80, 184

Demand

2023 Projected Potential Market and Projected Demand – Students

Frequency Potential Percentage of Number of Total Number

Customers Frequency times per of Services

year
Once a month 2, 127 46.9% 12 11, 971
179

Twice a month 2, 127 13.8% 24 7, 045


Thrice a month 2, 127 5.4% 36 4, 135
Once a week 2, 127 17.7% 48 18, 071
Twice a week 2, 127 6.9% 96 14, 090
Thrice a week 2, 127 9.3% 144 28, 485
Total Potential

Market 83, 797


Multiply by:

Projected Demand 97.6%


Projected 81, 786

Demand

2024 Projected Potential Market and Projected Demand – Students

Frequency Potential Percentage of Number of Total Number

Customers Frequency times per of Services

year
Once a month 2, 170 46.9% 12 12, 213
Twice a month 2, 170 13.8% 24 7, 188
Thrice a month 2, 170 5.4% 36 4, 219
Once a week 2, 170 17.7% 48 18, 437
Twice a week 2, 170 6.9% 96 14, 375
Thrice a week 2, 170 9.3% 144 29, 061
Total Potential

Market 85, 493


180

Multiply by:

Projected Demand 97.6%


Projected 83, 442

Demand

2020 Projected Potential Market and Projected Demand – Adults

Frequency Potential Percentage of Number of Total Number

Customers Frequency times per of Services

year
Once a month 2, 804 46.9% 12 15, 781
Twice a month 2, 804 13.8% 24 9, 287
Thrice a month 2, 804 5.4% 36 5, 451
Once a week 2, 804 17.7% 48 23, 823
Twice a week 2, 804 6.9% 96 18, 574
Thrice a week 2, 804 9.3% 144 37, 552
Total Potential

Market 110, 468


Multiply by:

Projected Demand 97.6%


Projected 107, 817

Demand
181

2021 Projected Potential Market and Projected Demand – Adults

Frequency Potential Percentage of Number of Total Number

Customers Frequency times per of Services

year
Once a month 2, 860 46.9% 12 16, 097
Twice a month 2, 860 13.8% 24 9, 473
Thrice a month 2, 860 5.4% 36 5, 560
Once a week 2, 860 17.7% 48 24, 299
Twice a week 2, 860 6.9% 96 18, 945
Thrice a week 2, 860 9.3% 144 38, 301
Total Potential

Market 112, 675


Multiply by:

Projected Demand 97.6%


Projected 109, 971

Demand

2022 Projected Potential Market and Projected Demand – Adults


182

Frequency Potential Percentage of Number of Total Number

Customers Frequency times per of Services

year
Once a month 2, 917 46.9% 12 16, 417
Twice a month 2, 917 13.8% 24 9, 661
Thrice a month 2, 917 5.4% 36 5, 671
Once a week 2, 917 17.7% 48 24, 783
Twice a week 2, 917 6.9% 96 19, 323
Thrice a week 2, 917 9.3% 144 39, 065
Total Potential

Market 114, 920


Multiply by:

Projected Demand 97.6%


Projected 112, 162

Demand

2023 Projected Potential Market and Projected Demand – Adults

Frequency Potential Percentage of Number of Total Number

Customers Frequency times per of Services

year
Once a month 2, 975 46.9% 12 16, 744
Twice a month 2, 975 13.8% 24 9, 854
Thrice a month 2, 975 5.4% 36 5, 784
183

Once a week 2, 975 17.7% 48 25, 276


Twice a week 2, 975 6.9% 96 19, 707
Thrice a week 2, 975 9.3% 144 39, 842
Total Potential

Market 117, 207


Multiply by:

Projected Demand 97.6%


Projected 114, 394

Demand

2024 Projected Potential Market and Projected Demand – Adults

Frequency Potential Percentage of Number of Total Number

Customers Frequency times per of Services

year
Once a month 3, 035 46.9% 12 17, 081
Twice a month 3, 035 13.8% 24 10, 052
Thrice a month 3, 035 5.4% 36 5, 900
Once a week 3, 035 17.7% 48 25, 786
Twice a week 3, 035 6.9% 96 20, 104
Thrice a week 3, 035 9.3% 144 40, 645
Total Potential

Market 119, 568


Multiply by:
184

Projected Demand 97.6%


Projected 116, 699

Demand

Step 4: Summarize the Aggregated Potential Market of the segments.

Aggregated Potential Market for 2020 - 2024

Total Potential

Year Kids Students Adults Market


2020 35, 498 79, 110 110, 468 225, 076
2021 36, 208 80, 527 112, 675 229, 410
2022 36, 917 82, 155 114, 920 233, 992
2023 37, 666 83, 797 117, 207 238, 670
2024 38, 415 85, 493 119, 568 243, 476

Step 5: Summarize the Aggregated Projected Demand of the segments.

Aggregated Projected Demand for 2020 – 2024

Year Kids Students Adults Total Demand


2020 34, 647 77, 212 107, 817 219, 676
2021 35, 340 78, 595 109, 971 223, 906
2022 36, 031 80, 184 112, 162 228, 377
2023 36, 763 81, 786 114, 394 232, 943
185

2024 37, 494 83, 442 116, 699 237, 635

Step 6: Compute for the Weighted Potential Market of the segments by prorating the

aggregated potential market of each segment using the percentage of the respondents.

Weighted Potential Market for 2020 - 2024

Total Potential

Year Kids Students Adults Market

(10%) (60%) (30%)


2020 3, 550 47, 466 33, 141 80, 957
2021 3, 621 48, 317 33, 803 85, 741
2022 3, 692 49, 293 34, 476 87, 461
2023 3, 767 50, 279 35, 163 89, 209
2024 3, 842 51, 296 35, 871 91, 009
186

Step 7: Compute for the Weighted Projected Demand of the segments by prorating the

aggregated projected demand of each segment using the percentage of the respondents.

Weighted Projected Demand for 2020 – 2024

Year Kids Students Adults Total Demand

(10%) (60%) (30%)


2020 3, 465 46, 328 32, 346 82, 139
2021 3, 535 47, 157 32, 992 83, 684
2022 3, 604 48, 111 33, 649 85, 184
2023 3, 677 49, 072 34, 319 87, 068
2024 3, 750 50, 066 35, 010 88, 826

Step 8: Compute for the demand of each service for 2020 – 2024.

Demand for Each Service – for the year 2020

SERVICE ANNUAL % OF AVAILING DEMAND FOR THE

DEMAND SERVICE
ARCADE 219, 676 91.4% 200, 784
BALLPIT AND 219, 676 33.2% 72, 933

INFLATABLES
BINGO 219, 676 23% 50, 526

Demand for Each Service – for the year 2021

SERVICE ANNUAL % OF AVAILING DEMAND FOR THE

DEMAND SERVICE
ARCADE 223, 906 91.4% 204, 650
BALLPIT AND 223, 906 33.2% 74, 337
187

INFLATABLES
BINGO 223, 906 23% 51, 948

Demand for Each Service – for the year 2022

SERVICE ANNUAL % OF AVAILING DEMAND FOR THE

DEMAND SERVICE
ARCADE 228, 377 91.4% 208, 737
BALLPIT AND 228, 377 33.2% 75, 821

INFLATABLES
BINGO 228, 377 23% 52, 527

Demand for Each Service – for the year 2023

SERVICE ANNUAL % OF AVAILING DEMAND FOR THE

DEMAND SERVICE
ARCADE 232, 943 91.4% 212, 910
BALLPIT AND 232, 943 33.2% 77, 338

INFLATABLES
BINGO 232, 943 23% 53, 577

Demand for Each Service – for the year 2024


188

SERVICE ANNUAL % OF AVAILING DEMAND FOR THE

DEMAND SERVICE
ARCADE 237, 635 91.4% 217, 199
BALLPIT AND 237, 635 33.2% 78, 895

INFLATABLES
BINGO 237, 635 23% 54, 656

Demand for Each Service for 2020 – 2024

SERVICE 2020 2021 2022 2023 2024


ARCADE 200, 784 204, 650 208, 737 212, 910 217, 199

GAMES
BALLPIT AND 72, 933 74, 337 75, 821 77, 338 78, 895

INFLATABLES
BINGO 50, 526 51, 948 52, 527 53, 577 54, 656
TOTAL 324, 243 330, 935 337, 805 343, 825 350, 750

DEMAND
189

APPENDIX C
Computation of Project Supply
190

Step 1: Compute for the capacity of each service per hour, per day, and per year.

SERVICE CAPACITY CAPACITY CAPACITY CAPACITY

PER HOUR ON A ON A PER YEAR

WEEKDAY WEEKEND (261

(8 hours) (12 hours) weekdays, 99

weekends)
ARCADE 144 1, 152* 1, 728** 471, 744***
BALLPIT & 50 400 600 163, 800

INFLATABLES
BINGO 40 320 480 131, 040
*144 x 8
**144 x 12
*** (1, 152 x 261) + (1, 728 x 99)

Computation:

For Arcade Games:

60 mins per hour / 5 mins per game = 12 games per hour

12 Machines x 12 games per hour = 144 services per hour

For Ballpit & Inflatables:

Capacity of Ballpit and Inflatable Area: 50 persons per hour

For BINGO:

60 mins per hour / 30 mins per game = 2 games per hour


191

20 persons per game x 2 games per hour = 40 persons per hour

Step 2: Compute for the projected supply for five years using the 8% growth rate.

Projected Supply per Service for 2020 – 2024

Year ARCADE GAMES BALLPIT & BINGO

INFLATABLES
2020 471, 744 163, 800 131, 040
2021 509, 483 176, 904 141, 523
2022 550, 242 191, 057 152, 845
2023 594, 261 206, 340 165, 072
2024 641, 802 222, 849 178, 278
Step 3: Summarize the total annual supply for 2020 – 2024.

Projected Supply for 2020 – 2024

Year Annual Supply


2020 766, 584
2021 827, 910
2022 894, 144
2023 965, 673
2024 1, 042, 929
192
193

APPENDIX D
Questionnaire
194

Republic of the Philippines


CAVITE STATE UNIVERSITY
(CvSU)
Don Severino de las Alas Campus
Indang, Cavite
(046) 415 0010

College of Economics, Management and Developmental Studies


Department of Accountancy

We are students taking up Bachelor of Science in Accountancy and we would like to


gather some information from you which will help us in our feasibility study. We would
appreciate if you cooperate with us in filling up the questionnaire. Since the questionnaire is
being used for academic purposes, the information gathered will be strictly confidential. Thank
you!

Feasibility Study:
HAPPITOWN

I. Profile (Pagkakakilanlan)
Name (Pangalan): ___________________________ Age (Edad): ____ Gender (Kasarian):
_____

Address (lugarna tirahan): ________________________________________________________

II. Please put a check ( ∕ ) mark on the options that best describes your answers.
(Pakilagyan ng tsek ( / ) ang mga pagpipilian na naglalarawan sa iyong mga sagot.)
1. What particular fun house do you usually visit? (Saang mga palaruan at
panlibangan na lugar ka kadalasang pumupunta?)
____ Kidzoona
____Timezone
____Quantum
____Tom’s World
____World of Fun
Others, please specify (Iba pa, tukuyin)__________________

2. How often do you go to the amusement and recreational centers? (Gaano kadalas
ka pumupunta sa mga palaruan at panlibangan na lugar?)
___ Once a week (Isang beses sa isang linggo) ___ Once a month (Isang beses sa isang buwan)
___ Twice a week (Dalawang beses sa isang ___ Twice a month (Dalawang beses sa isang
linggo) buwan)
___ Thrice a week (Tatlong beses sa isang ___ Thrice a month (Tatlong beses sa isang
linggo) buwan)
195

3. On what day/s do you go to the amusement and recreational centers? (Check as


many as possible) (Anong araw ka pumupunta sa mga palaruan at panlibangan na
lugar?) (Maaaring pumili ng higit sa isa)
___ Mondays (Tuwing Lunes) ___ Fridays (Tuwing Biyernes)
___ Tuesdays (Tuwing Martes) ___ Saturdays (Tuwing Sabado)
___ Wednesdays (Tuwing Miyerkules) ___ Sundays (Tuwing Linggo)
___ Thursdays (Tuwing Huwebes)

4. How much time do you spend on playing at amusement and recreational centers?
(Ilang oras ang ginugugol mo sa paglalaro sa mga palaruan at panlibangan na
lugar?)
___ 1 to 3 hours(Isa hanggang tatlong oras)
___ 3 to 5 hours(Tatlo hanggang limang oras)
___ 5 to 8 hours(lima hanggang walong oras)

5. Do you usually bring your family/friends in the amusement and recreational


centers? (Sinasama mo ba ang iyong pamilya o mga kaibigan sa pagpunta sa mga
palaruan at panlibangan na lugar?)
___ Yes (Oo) ___ No (Hindi)

If yes, how often? (Kung oo, gaano kadalas)


___ Once a week (Isang beses sa isang linggo) ___ Once a month (Isang beses sa isang buwan)
___ Twice a week (Dalawang beses sa isang ___ Twice a month (Dalawang beses sa isang
linggo) buwan)
___ Thrice a week(Tatlong beses sa isang ___ Thrice a month (Tatlong beses sa isang
linggo) buwan)

6. What is your preferred time of the day to go to fun houses? (Ano ang iyong
gustong oras ng pagpunta sa mga palaruan at panlibangan na lugar?)
___10:00am – 12:nn ___3:00pm – 5:00pm
___12:00nn –3:00pm ___5:00pm – onwards

7. How satisfied are you with the services offered by the amusement and
recreational centers? Rate from 1-10 (10 being the highest) (Gaano ka nasiyahan
sa mga serbisyong ibinibigay ng mga palaruan at panlibangan na lugar? Markahan
ng 1-10; 10 ang pinaka mataas)
Answer (Sagot): ______
196

III. Please put a check ( ∕ ) mark to the options that best describes your answers.
(Pakilagyan ng tsek ( / ) ang mga pagpipilian na naglalarawan sa iyong mga sagot.)
Ang Happitown ay isang lugar palaruan at panlibangan na nag ooffer ng mga sebisyo tulad ng: Arcade games,
Inflatables, Ball Pit at Bingo. Ito ay matatagpuan along Indang-Tagaytay Highway, sa mismong gilid ng kanto ng
Kayquit, Indang, Cavite
1. Are you willing to avail the services offered by the HappiTown? (Gusto mo bang
subukan ang mga serbisyong iniaalok ng HappiTown?)
___ Yes (Oo) ___ No (Hindi)
If no, you can stop answering
(Kung hindi, maari ka nang tumigil sa pagsasagot)

2. Do you think the services offered by HappiTown (enumerated below) are


appealing to you? (Kaaya-aya ba sa iyo ang mga serbisyong iniaalok ng
HappiTown?)
___ Yes (Oo) ___ No (Hindi)
If yes, in what kind of activities? (Check as many as possible)
(Kung oo, mamili ng iyong nais. Maaring pumili ng higit sa isa)
___Arcade games
___ Ball pit
___ Inflatable
___ Bingo

3. What service/s are you willing to avail? (Anong serbisyo ang handa kang
subukan?)
___Arcade games (Php 5 per token)
___ Ball pit & Inflatable (Php 150 per hour)
___ Bingo (Php 50 for 3 cards)

4. Do you think that the price of our services is reasonable? (Sa iyong palagay,
magiging sulit ba ang halagang iyong ibabayad?)
___ Yes (Oo) ___ No(Hindi)
Why (Bakit)? _____________________________________

5. How frequent are you willing to avail our service? (Gaano kadalas mo gusto
sumubok ng aming serbisyo?)
___ Once a week (Isang beses sa isang ___ Once a month (Isang beses sa isang
linggo) buwan)
___ Twice a week (Dalawang beses sa ___ Twice a month (Dalawang beses sa isang
isang linggo) buwan)
___ Thrice a week (Tatlong beses sa ___ Thrice a month (Tatlong beses sa isang
isang lingo) buwan)
197

6. Are you willing to invite your friends and family to visit HappiTown? (Gusto mo
bang isama o yayain ang iyong mga kaibigan sa pagpunta sa HappiTown?)
___ Yes (Oo) ___ No (Hindi)

7. What factors will you consider in making your decision to go to HappiTown?


(Anong mga kadahilanan ang isasaalang-alang mo sa pagpunta sa HappiTown?)
___ Convenience (Kaginhawaan)
___ Fun (Saya)
___ Price (Presyo)
___Accessibility (Dali ng pagpunta)
___Prizes (Premyo)
Others, please specify (Iba pa, tukuyin):__________________

8. Do you find our service helpful to you? Rate from 1-10 (10 being the highest)
(Sa iyong palagay, makatutulong ba ang mga serbisyo namin sa inyo? Markahan
ng 1-10; 10 ang pinakamataas)
Answer (Sagot): ______

Comments and suggestions (Mga komento at suhestyon):


________________________________________________________________________
________________________________________________________________________

Signature (Lagda):
198

Republic of the Philippines


CAVITE STATE UNIVERSITY
(CvSU)
Don Severino de las Alas Campus
Indang, Cavite
(046) 415 0010

College of Economics, Management and Developmental Studies


Department of Accountancy

We are students taking up Bachelor of Science in Accountancy and we would like to


gather some information from you which will help us in our feasibility study. We would
appreciate if you cooperate with us in filling the questionnaire. Since the questionnaire is being
used for academic purposes, the information gathered will be strictly confidential. Thank you!

Feasibility Study:
HAPPITOWN

I. Profile (Pagkakakilanlan)
Name (Pangalan): ___________________________ Age (Edad): ____ Gender (Kasarian):
_____

II. Please put a check ( ∕ ) mark to the options that best describes your answers.
(Pakilagyan ng tsek ( / ) ang mga pagpipilian na naglalarawan sa iyong mga sagot.)
1. Are you a parent? (Isa ka bang magulang?) _____Yes (Oo) _____ No (Hindi)
If yes, how many kids do you have? (Kung oo, ilan ang anak mo?) __________

2. Do you bring your kids to amusement or recreational centers? (Dinadala mo ba


ang iyong mga anak sa mga palaruan at panlibangan na lugar?)
___Yes (Oo) ____No (Hindi)

3. How often do you go to the amusement and recreational centers with your kids?
(Gaano mo kadala dinadala ang iyong mga anak sa mga palaruan at panlibangan
na lugar?)
___ Once a week (Isang beses sa isang linggo) ___ Once a month (Isang beses sa isang buwan)
___ Twice a week (Dalawang beses sa isang ___ Twice a month (Dalawang beses sa isang
linggo) buwan)
___ Thrice a week (Tatlong beses sa isang ___ Thrice a month (Tatlong beses sa isang
linggo) buwan)

4. On what day/s do you go to the amusement and recreational centers? (check as


many as possible) (Tuwing anong araw kayo pumupunta sa mga mga palaruan at
panlibangan na lugar? Maaaring pumili ng higit sa isa.)
199

___ Mondays (Tuwing Lunes) ___ Fridays (Tuwing Biyernes)


___ Tuesdays (Tuwing Martes) ___ Saturdays (Tuwing Sabado)
___ Wednesdays (Tuwing Miyerkules) ___ Sundays (Tuwing Linggo)
___ Thursdays (Tuwing Huwebes)

5. How much time do your kids spend on playing at amusement and recreational
centers? (Ilang oras ang ginugugol ng iyong anak sa paglalaro sa mga mga
palaruan at panlibangan na lugar?)
___ 1 to 3 hours (isa hanggang tatlong oras)
___ 3 to 5 hours(tatlo hanggang limang oras)
___ 5 to 8 hours (lima hanggang walong oras)

6. What is your preferred time of the day to go to fun houses? (Anong oras kayo
pumupunta sa mga mga palaruan at panlibangan na lugar?)
___10:00am – 12:nn ___3:00pm – 5:00pm
___12:00nn –3:00pm ___5:00pm – onwards

7. What particular fun house do you usually visit? (Saang mga palaruan at
panlibangan na lugar kayo pumupunta?)
____ Kidzoona
____Timezone
____Quantum
____Tom’s World
____World of Fun
Others, please specify (Iba pa, tukuyin)__________________

8. How satisfied are you with the services offered by the amusement and recreational
centers? Rate from 1-10 (10 being the highest) (Gaano nasiyahan ang anak mo sa mga
serbisyong ibinibigay ng mga palaruan at panlibangan na lugar?) (10 ang
pinakamataas)
Answer (Sagot): ______

III. Please put a check ( ∕ ) mark to the options that best describes your answers.
(Pakilagyan ng tsek ( / ) ang mga pagpipilian na naglalarawan sa iyong mga sagot.)
8. Are you willing to avail the services offered by the HappiTown? (Handa ka
bang ipasubok sa iyong anak ang mga serbisyong iniaalok ng HappiTown?)
___ Yes (Oo) ___ No (Hindi)
(If no, you can stop answering)
(Kung hindi, maaari ka nang tumigil sa pagsagot)
200

9. Do you think the services offered by HappiTown (enumerated below) are


appealing for your kids? (Kaaya-aya ba sa iyo o sa iyong anak ang aming mga
serbisyong iniaalok?)
___ Yes (Oo) ___ No (Hindi)
If yes, in what kind of activities? (Check as many as possible) (Kung oo, mamili
ng iyong nais. Maaring pumili ng higit sa isa)
___Arcade games
___ Ball pit
___ Inflatable
___ Bingo

10. What service/s are you willing to avail? (Ano-anong mga serbisyo ang handa
kang subukan o ipasubok sa iyong anak?)

___Arcade games (Php 5 per token)


___ Ball pit & Inflatable (Php 150 per hour)
___ Bingo (Php 50 for 3 cards)

11. Do you think that the price of our services is reasonable and within your
budget? (Sa iyong palagay, magiging sulit ba ang halagang iyong ibabayad?)
___ Yes (Oo) ___ No (Hindi)

Why? (Bakit?)
_____________________________________

12. How frequent are you willing to avail our service? (Gaano kadalas mo gusto
sumubok ng aming serbisyo?)
___ Once a week (Isang beses sa isang linngo) ___ Once a month (Isang beses sa isang buwan)
___ Twice a week (Dalawang beses sa isang ___ Twice a month (Dalawang beses sa isang
linngo) buwan)
___ Thrice a week (Tatlong beses sa isang ___ Thrice a month (Tatlong beses sa isang
linngo) buwan)

13. What factors will you consider in making your decision to go to HappiTown?
(Anong mga kadahilanan ang isasaalang-alang mo sa pagpunta sa
HappiTown?)

___ Convenience (Kaginhawaan)


___ Price (Presyo)
___Accesibility (Dali ng pagpunta)
___Security/Safety (Seguridad/Kaligtasan)
Others, please specify (Iba pa, tukuyin):__________________
201

14. Do you find our service helpful to you? Rate from 1-10 (10 being the highest)
(Sa iyong palagay, makatutulong ba ang mga serbisyo namin sa iyo? Markahan
ng 1-10; 10 ang pinakamataas)
Answer (Sagot): ______

Comments and suggestions: (Mga komento at suhestyon)


________________________________________________________________________
________________________________________________________________________
__________________________________________

Signature (Lagda):
202

APPENDIX E
Population
203
204
205

APPENDIX F
Forms
206

DTI Business Application Form


207
208

BIR Payment Form


209
210

BIR Application for Registration Information


211
212
213

APPENDIX G
Business Permits and Requirements
214

Republic of the Philippines


MUNICAPALITY OF INDANG
Province of Cavite
Buna Cerca

BARANGAY BUSINESS CLEARANCE

Clearance is hereby granted to

___________________________
OWNER

__________________________
ADDRESS

___________________________
BUSINESS NAME

_________________________
LOCATION

TO WHOM IT MAY CONCERN:


This is to certify that this business is located within the geographical /
jurisdiction of Buna Cerca, Indang, Cavite and is thereof issued this Barangay
Business Clearance as a prerequisite in doing business prior to securing Mayor’s
Permit, Business License, etc. pursuant to Section 152, Article 4 Republic Act
No. 7160, otherwise known as the New Local Government Code of 1991.

Issued upon the request of Owner / Manager of aforementioned


business whose signature and Community Tax Certificate Number appears
hereunder, this ____ day of ____________, 20 ___ at Buna Cerca, Indang,
Cavite.
Fees paid  New Business
Amount ________  Change of Location
O.R. No. _______  Change of Commercial Name Rafael S. Herrera Jr.
Date __________  Renewal of Permit Punong Brgy.
215

This certifies that

(Regional)

REGION 4-A (CALABARZON)

is a business name registered in this office pursuant to the provisions of Act


3883, as amended by Act 4147 and Republic Act No. 863, and in compliance
with the applicable rules and regulations prescribed by the Department of Trade
and Industry.
This certificate issued to

Buna Cerca, Indang, Cavite, REGION 4-A


(CALABARZON)

is valid from ________ to ________ subject to continuing


compliance with the above-mentioned laws and all applicable laws of the
Philippines,
unless voluntarily cancelled.

in testimony whereof, I hereby sign the

Certificate of
Business Name Registration
and issue the same on this ___________ in the Philippines.

RAMON M. LOPEZ
Secretary
216

Building Permit
217
218

APPENDIX H
Contribution Tables
219

SSS Contribution Table


220

PhilHealth Contribution Table


221

PAG-IBIG Contribution Table


222

APPENDIX I
Business Logo
223
224

APPENDIX J
Uniform
225
226

APPENDIX K
Employee’s ID
227
228

APPENDIX L
Marketing Tools
229
230
231

APPENDIX M
Project Site
232
233

APPENDIX N
Equipment and Tools
234

Gaming Machines
235

Ballpit and Inflatables


236

Administrative Equipment
237

APPENDIX O
Contract of Lease
238

LEASE CONTRACT

KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT OF LEASE is made and occurred at Indang, Cavite, this day of December 15,
2019, by and between

JO MORENA, of legal age, married, Filipino, and with residence and postal address at 084
Narra St., Kayquit III, Indang, Cavite hereinafter referred to as the LESSOR,

-AND-

HappiTown, represented by the Managing Partner, PRIMO CRUZ, of legal age, Filipino, and
with residence and postal address at 291 San Gregorio St., Poblacion I, Indang, Cavite hereinafter
referred to as the LESSEE,

WITNESSETH; That

WHEREAS, the LESSOR is the owner of THE LEASED PREMISES, a commercial lot situated
at San Gregorio St., Buna Cerca, Indang, Cavite.

WHEREAS, the LESSOR agrees to lease-out the property to the LESSEE, and the LESSEE is
willing to lease the same,

NOW THEREFEORE, for and in consideration of the foregoing premises, the LESSOR leases
unto the LESSEE and the LESSEE hereby accepts from the LESSOR the LEASED premises,
subject to the following:

TERMS AND CONDITIONS

1. PURPOSES: That premises hereby leased shall be used by the LESSEE for business purposes
and shall not be diverted to other uses without the written approval from the LESSOR. It is
hereby expressly agreed that if at any time the premises are used for other purposes, the LESSOR
shall have the right to rescind this contract without prejudice to its other rights under the law.

2. TERM: This term of the lease is for EIGHT (8) YEARS from January 6, 2020. Upon its
expiration, this lease may be renewed under each terms and conditions as may be mutually agreed
upon by both parties, written notice of intention to renew the lease shall be served to the LESSOR
not later than seven (15) days prior to the expiry date of the period herein agreed upon
239

3. RENTAL RATE: The monthly rental rate for the leased premises shall be in PESO: TEN
THOUSAND PESOS (₱ 10,000.00). Philippine Currency; or the LESSOR within the first five
days of the following month.

4. DEPOSIT: That the LESSEE shall deposit to the LESSOR upon signing of the contract and prior
to move-in an amount equivalent to the rent for ONE (1) MONTH advance and TWO (2)
MONTHS deposit for the sum of PESO, THIRTY THOUSAND PESOS (₱ 30,000.00), Philippine
Currency wherein the one (1) month deposit shall be consumed on the last month of occupancy.

5. DEFAULT PAYMENT: In case of default by the LESSEE in the payment of the rent, such as
when the checks are dishonored, the LESSOR at its option may terminate their contract and eject
the LESSEE. The LESSOR has the right to padlock the premises when the LESSEE is in default
of payment for Two (2) consecutive months and may forfeit whatever rental deposit or advances
have been given by the LESSEE.

6. IMPROVEMENT OF THE PROPERTY. The LESSEE can introduce any improvements and
structures as he may deem necessary for making the lease premises conductive for operating his
business with the written approval from the LESSOR. Any improvement or fixtures shall become
the property of the LESSOR after expiration of the contract.

7. SUB-LEASE: The LESSEE shall not directly or indirectly sublet, allow or permit the leased
premises to be occupied in whole or in part by any person, firm or corporation, neither shall the
LESSEE assign its rights hereunder to any other person, or entity and no right of interest thereto
or therein shall be conferred on our vested in anyone by the LESSEE without the LESSOR’S
written approval.

8. PUBLIC UTILITIES: The LESSEE shall pay for its telephone, electric, water, internet, and
other public services and utilities during the duration of the lease.

9. REPAIR AND INSURANCE: The LESSEE will answer all minor and major repairs of the
leased premises due to ordinary wear and tear. The LESSOR will insure the building for its
account. The LESSOR will insure its contents at its own expense.
240

10. FORCE MAJEURE: If whole or any part of the leased premises shall be destroyed or damaged
by fire, flood, lightning, typhoon, earthquake, storm, not or any other unforeseen disabling cause
of acts of God, as to render the leased premises during the term substantially unfit for use and
occupation of the LESSEE, then this lease contract may be terminated without compensation by
the LESSOR or by the LESSEE by the notice in writing to the other.

11. LESSOR’S RIGHT OF ENTRY: The LESSOR or its authorized agent shall after giving due
notice to the LESSEE shall have the right to enter the premises in the presence of the LESSEE or
its representative at any reasonable hour to check on the general condition of the leased premises,
or whether there are any violations being committed on the condition of this contract, provided
that, during the last three (3) months of the term of the contract, the LESSOR or its duly
authorized representative may show the leased premises to prospective tenants and lessees.

12. EXPIRATION OF LEASE: at the expiration of the term of this lease or cancellation thereof, as
herein provided, the LESSEE will promptly deliver to the LESSOR the leased premises with all
corresponding keys and in as good and tenable condition as the same is now, ordinary wear and
tear expected devoid of all occupants, movable furniture, articles and effects of any kind. Non-
compliance with the terms of this clause by the LESSEE will give the LESSOR the right, at the
latter’s option, to refuse to accept the delivery of the premises and compel the LESSEE to pay
rent therefrom at the same rate plus Twenty-Five (25) % thereof as penalty until the LESSEE
shall have complied with the terms hereof. The same penalty shall be imposed in case the LESSEE
fails to leave the premises after the expiration of this Contract of Lease or termination for any
reason whatsoever.

13. JUDICIAL RELIEF: Should any one of the parties herein be compelled to seek judicial relief
against the other, the losing party shall pay an amount of One Hundred (100) % of the amount
claimed in the complaint as attorney’s fees which shall in no case be less than ₱50,000.00 peso in
addition to other cost and damages which the said party may be entitled to under the law.

14. This CONTRACT OF LEASE shall be valid and binding between the parties, their successors-
in-interest and assigns.
241

IN WITNESS WHEREOF, parties herein affixed their signatures on the date and place above
written.

_______________________ _________________________
JO MORENA PRIMO CRUZ

Signed in the presence of

_______________________ _________________________
ALEINE BALTAZAR ALEXINE DIAZ
242

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES )

PROVINCE OF CAVITE ) S. S

INDANG, CAVITE )

BEFORE ME, a Notary Public for and in Indang, Cavite personally appeared JO
MORENA in his official capacity as commercial land owner, at San Gregorio St., Bua
Cerca, Indang, Cavite representing the Republic of the Philippines with Community Tax
Receipt No. _ issued at Indang, Cavite on _ 2019 and PRIMO
CRUZ, Managing Partner of HAPPITOWN with Community Tax Receipt
No._________ issued at Indang, Cavite on known to me as the same
persons who executed the foregoing Contract and Agreement and acknowledge to me the
same are their true acts and deeds and in behalf of the parties they represent.

IN WITNESS THEROF, I have hereunto affixed my signature and Notarial Seal


this _______________________ day of ______________ at ______________

Philippines.

DOC. NO. ______________

PAGE NO. ______________

BOOK NO. ______________

SERIES NO. ______________


243

APPENDIX P
Contract of Employment
244

EMPLOYMENT CONTRACT

THIS AGREEMENT, as entered into as of _____day of ____, 2019

Between HappiTown, a general partnership incorporated pursuant to the laws of the


Province of Cavite (hereinafter referred to as “the Employer”) and_________ of Indang,
Province of Cavite (hereinafter referred to as “the Employee”)

WHEREAS the Employee and the Employer will enter into an employment agreement
governing the terms and conditions of employment,

THIS AGREEMENT WITNESSETH that in consideration of the promises and mutual


covenants and agreements hereinafter contained and for other good and valuable
consideration (the receipt and sufficiency of which is hereby acknowledged by the parties
hereto), it is agreed by and between the parties hereto as follows.

1. Employment. The Employee agrees that he will at all times faithfully, industriously,
and to the best of his skill, ability, experience and talents, perform all of the duties
required of his position. In carrying out these duties and responsibilities, the Employee
shall comply with all Employer policies, procedures, rules and regulations, both written
and oral, as are announced by the Employer from time to time. It is also understood and
agreed to by the Employee that his assignment, duties and responsibilities and reporting
arrangements may be changed by the Employer in its sole discretion without causing
termination of this agreement.

2. Term of Employment. The employment of the Employee shall commence the date
hereof and continue for an indefinite term until terminated in accordance with the
provisions of this agreement.

3. Probation. The parties hereto agree that the initial 90-day period of this agreement is
“probationary” in the following respects.

a. The Employer shall have an opportunity to assess the performance attitude, skills and
other employment-related attributes and characteristics of the Employee

b. The Employee shall have an opportunity to learn about the Employer and the position
of employment.

c. Either party may terminate the employment relationship at any time during the initial
90-day period without advance notice or justifiable reason, in which case there will be no
continuing obligations of the parties to each other.
245

4. Compensation and Benefits. In consideration of the services to be provided by him


hereunder, the Employee, during the term if his employment, shall be paid a basic salary
of ₱------ per month, less applicable statutory deductions. In addition, the Employee is
entitled to receive benefits in accordance with the Employer’s standard benefit package,
as amended from time to time.

5. Duties and Responsibilities. The Employee is required to perform current duties and
responsibilities of which will form part of this agreement. These duties and
responsibilities may be amended from time to time in the sole discretion of the Employer,
subject to formal notification of same being provided to the Employee.

6. Termination of Employment. Subsequent to completion of the probationary term of


employment referred to in paragraph 2 herein, the Employer may terminate the
employment of the Employee at any time: a. For just cause at common law, in which case
the Employee is not entitled to any advance notice termination or compensation in lieu of
notice, b. Without just cause, in which case the Employer shall provide the Employee
with advance notice of termination or compensation which constitute the employees
entire entitlement form the start of the service until termination. The Employee may
terminate his employment at any time by providing the Employer with at least three (3)
weeks advance notice of his intention to resign.

7. Restrictive Covenant. Following the termination of the employment of the Employee


by the Employer, with or without cause, or the voluntary withdrawal by the Employee
from the Employer, the Employee shall, for a period of one year following the said
termination or voluntary withdrawal may refrain from either directly or indirectly
soliciting or attempting to solicit the business of any client or customer of the Employer
for his own benefit or that of any third person or organization, and shall refrain from
either directly or indirectly attempting to obtain the withdrawal from the employment by
the Employer of any other Employee of the Employer having regard to the same
geographic and temporal restrictions. The Employee shall not directly or indirectly
divulge any financial information relating to the Employer or any of its affiliates or
clients to any person whatsoever.

8. Confidentiality. The Employee acknowledges that, in the course of performing and


fulfilling his duties hereunder, he may have access to and be entrusted with confidential
information concerning the resent and contemplated financial status and activities of the
Employer, the disclosure of any of which confidential information to competitors of the
246

Employer would be highly detrimental to the interests of the Employer. The Employer
further acknowledges and agrees that the right to maintain the confidentiality of such
information constitutes a proprietary right which the Employer is entitled to protect.
Accordingly, the Employee covenants and agrees with the Employer that he will not,
during the continuance of this agreement, disclose any of such confidential information to
any person, firm or corporation, nor shall he use the same, except as required in the
normal course of his agreement hereunder, and thereafter he shall not disclose or make
use of the same.

9. Severability. Each paragraph of this agreement shall be and remain separate from and
independent of and severable from all and any other paragraphs herein except where
otherwise indicated by the context of this agreement. The decision or declaration that one
or more of the paragraphs are null and void shall have no effect on the remaining
paragraphs of this agreement.

10. Notice. Any notice required to be given hereunder shall be deemed to have been
properly given if delivered personally or sent by pre-paid registered mail as follows:

a. To the Employee (Indang, Cavite)

b. To the Employer (Indang, Cavite)

And if sent by registered mail shall be deemed to have been received on the 4th business
day of uninterrupted postal service following the date of mailing. Either party may
change its address for notice at any time, by giving notice to the other party pursuant to
the provision of this agreement.

11. Interpretation of Agreement. The validity, interpretation, construction and


performance of this agreement shall be governed by the Laws of the Province of Cavite.
This agreement shall be interpreted with all necessary changes in gender and in number
as the context may require and shall endure to the benefit of and be binding upon the
respective successor and assigns of the parties hereto.
247

IN WITNESS WHEREOF the parties hereto have caused this agreement to be executed
and the Employee has set his hand as of the date first above written, as of the ____ day of
____ 2019.

Signature of Employee: ___________

Name in Full: __________

SSS No: ____________

Tin No: _____________

PhilHealth No: __________

HDMF No: ____________

Signature of Employer/ Employer’s Representative: ____________

Name in Full: ____________________

Position held: __________________


248

APPENDIX Q
Engagement Letters
249

Ciprez & Co., CPAs


284 A Luna St., Poblacion II, Indang, Cavite

November 29, 2019


Mr. Primo Cruz, Managing Partner, HappiTown
San Gregorio St., Buna Cerca, Indang, Cavite.

Dear Mr. Cruz:

You have requested that we audit the financial statements of HappiTown which comprise
the Statement of Financial Position as of December 31, 2020, and the income statement,
statement of changes in equity and cash flow statement for the year ended December 31,
2020, and a summary of significant accounting policies and other explanatory
information. We are pleased to confirm our acceptance and our understanding of this
audit engagement by means of this letter. Our audit will be conducted with the objective
of our expressing an opinion on the financial statements.

Our Responsibilities:

We will conduct our audit in accordance with Philippine Standards on Auditing. Those
standards require that we comply with ethical requirements and plan and perform the
audit to obtain reasonable assurance about whether the financial statements are free from
material misstatement. An audit involves performing procedures to obtain audit evidence
about the amounts and disclosures in the financial statements. The procedures selected
depend on the auditor's judgment, including assessment of the risks of material
misstatement of the financial statements, whether due to fraud or error. An audit also
includes evaluating the appropriateness of accounting policies used and the
reasonableness of accounting estimates made by management, as well as evaluating the
overall presentation of the financial statements.

Because of the inherent limitations of an audit, together with inherent limitations of


internal control there is an unavoidable risk that some material misstatements may not be
detected, even though the audit is properly planned and performed in accordance with
PSAs.

In making our risk assessments, we consider internal control relevant to the entity's
preparation of the financial statements in order to design audit procedures that are
250

appropriate in the circumstances, but not for the purpose of expressing an opinion on the
effectiveness of the entity's internal control. However, we will communicate to you in
writing any significant deficiencies in internal control relevant to the audit of the
financial statements that we have identified during the audit.

Management’s Responsibility

Our audit will be conducted on the basis that management and those charged with
governance acknowledge and understand that they have responsibility:

a) For the preparation and fair presentation of the financial statements in accordance with
Philippine Financial Reporting Standards;

b) For such internal control as management determines is necessary to enable the


preparation of financial statements that are free from material misstatement, whether due
to fraud or error; and

c) To provide us with:
i) Access to all information of which you are aware that is relevant to the
preparation of the financial statements such as records, documentation and other
matters;
ii) Additional information that we may request from you for the purpose of the
audit; and iii) Unrestricted access to persons within the company from whom we
determine if necessary to obtain audit evidence.

As part of our audit process, we will request from management and, where appropriate,
those charged with governance written confirmation concerning representations made to
us in connection with the audit.

We look forward to full cooperation from your staff during the audit.

Fees

Our fees which are based on the time required by individuals assigned to the engagement
will be Php 5,000.00 inclusive of pocket expenses.

This letter will be effective for future periods unless terminated, amended, or superseded.
251

Please sign and return the attached copy of this letter to indicate that it is in accordance
with your understanding of the arrangements for our audit of the financial statements.

Yours truly,
_____________________
Jeli B. Ciprez, CPA
Ciprez & Co., CPAs

Acknowledged on behalf of HappiTown


_____________________
Primo Cruz
Managing Partner
252

December 12, 2019


PISO FINANCIAL ACCOUNTING FIRM
#195 I, Luksuhin – Mangas Road, Patutong Malaki North, Alfosno, Cavite

RE: ENGAGEMENT LETTER FOR BUSINESS BOOKKEEPING AND TAX


PREPARATION

Dear MR. PRIMO CRUZ:

This letter is to confirm our understanding of the terms and objective of our engagement
as well as the nature and limitations of the services we will provide.

Our Responsibility

Beginning January 1 of the year ended December 31, 2020, we will provide you the
following bookkeeping services:
 Reconcile checking account with the bank statement each month for proper
account balance and to identify any errors. We will make correcting entries
directly to and identify the source of each adjustment. We will tell you of these
adjustments and make you aware of any corrections.
 Review, analyze and reconcile general ledger accounts for accuracy and confer
with you regarding any items not fully understood.
 Prepare and record all necessary journal entries to reflect correct accounting
records.
 Regularly update the books of account of the business.
 Prepare and present Financial Statements.
 Review and reconcile Payroll records and corresponding Tax Returns.
 Process SSS, PhilHealth, HDMF payment and registration of the employees
 Prepare Business Tax Returns.
 Prepare and process monthly / quarterly Tax Returns
 Maintain a Master File of the business with all records necessary

Scope and Limitation of Our Services

1. Our engagement is limited to the period and the accounting services indicated
above.
253

2. This engagement does not include business management. We will not review the
payment of any invoices or bills. If an amount appears unusual or out of the
ordinary, we will call it to your attention, but we do not take any responsibility in
the discovery of any errors, irregularities, or fraud.
3. This engagement will not audit or review your financial statements, or any other
accounting documents and information you provide, in accordance with generally
accepted auditing standards. Accordingly, we ask that you not in any manner
refer to this as an audit or review.
4. We will not verify the data you submit for accuracy or completeness. Rather, we
will rely on the accuracy and completeness of the documents and information you
provide to us. Accordingly, our engagement cannot be relied upon to disclose
errors, fraud, or other illegal acts that may exist. However, it may be necessary to
ask you for clarification of some of the information you provide, and we will
inform you of any material errors, fraud or other illegal acts that come to our
attention, unless they are clearly inconsequential.
5. We have no responsibility to identify and communicate significant deficiencies or
material weaknesses in your internal controls as part of this engagement, and our
engagement cannot, therefore be relied upon to make disclosure of such matters.

Company Responsibility

HAPPITOWN, as well as MR. PRIMO CRUZ are:

1. Responsible for adopting sound accounting policies, for maintaining an adequate


and efficient accounting system, for safeguarding assets, for authorizing
transactions, for retaining supporting documentation for those transactions, and
for devising a system of internal controls that will, among other things, help
assure the preparation of proper financial statements. Furthermore, you are
responsible for management decisions and functions, for designating a competent
employee to oversee any of the services we provide, and for evaluating the
adequacy and results of those services.

2. Responsible for the design and implementation of programs and controls to


prevent and detect fraud, and for informing us about all known or suspected fraud
affecting the Company involving (a) management (b) employees who have
significant roles in internal control, and (c) others where the fraud could have a
material effect on the financial statements.
254

3. You are also responsible for informing us of your knowledge of any allegations of
fraud or suspected fraud affecting the Company received in communications from
employees, former employees, regulators, or others.

4. In addition, you are responsible for identifying and ensuring that the entity
complies with applicable laws and regulations.

5. Responsible to provide us the following documents:


a) Cash receipt reports and deposit slips.
b) Cash disbursements, bank statements.
c) Check register, prior year’s tax return.
d) Copies of purchase/lease contracts and load agreements.
e) Detailed list of company assets (description, date of acquisition, original cost,
and current value).
f) Other documents necessary for correct account reporting.

6. In order for us to complete this engagement, and to do so efficiently, we require


unrestricted access to the following documents and information concerning your
company:

a. Copies of basic documents reflecting your financial transactions, including


check stubs, summaries of cash receipts and sales (cash and credit), bank
statements and canceled checks, listings of accounts receivable and
accounts payable, and documentary support of property and equipment
transactionspurchases, trades, sales, and other dispositions;
b. Information concerning any mortgage or pledge of business assets on
business debts, any personal guarantees or debt, leases, or other
information that effects or may affect the results of operations of the
business;
c. Any other financial information necessary for purpose of reflection on
your accounting records, trial balance and tax returns;
d. Identification of all cash receipts as to source (i.e., loans, sales, etc.), and
information concerning all transactions that are consummated with cash.

Any failure to provide such documents and information, and to do so on a timely basis,
will impede our services, and may require us to suspend our services or withdraw from
255

the engagement. You agree to accept responsibility for any effect on your accounting
records and financial statements of basic financial information or transaction documents
not submitted to us for processing and entry, or losses that may result from their absence.

For purposes of entry of the financial information from your basic transaction documents,
classification according to the agreed-upon chart of accounts will be performed by you or
your employees. As business conditions change, we may mutually agree to
change/modify this arrangement.
Client agrees that these documents should be forwarded to our office on a periodic basis,
such as monthly, as this will enable us to provide you with a current, meaningful and
useful financial statement.

Retention Policy:

In conformity with the BIR requirements, we suggest that you adopt a 10 years policy to
keep all the accounting records and work papers related to the engagement. When records
are returned, it is your responsibility to retain and protect them for future use, potential
examination by any government or regulatory agency, prospective buyers of your
business, acquiring business loans, etc.

Our Fee Policy:

Our fees for this bookkeeping service will be Php 1, 500.00 monthly inclusive of out-of
pocket expenses. Tax Returns will be billed separately. Ongoing bookkeeping services
will be billed on a monthly basis.

Any additional accounting services requested will be billed separately. This may include,
but is not limited to, any compliance services including handling license, cost reporting
for state agencies, audit representation or filing renewals.

All invoices are due and payable upon presentation. Billings become delinquent if not
paid within 15 days of the invoice date. If billings are past due in excess of 45 days, we
will stop all work until your account is brought current, or you withdraw from the
engagement.

The client acknowledges and agrees that we are not required to continue work in the
event of failure to pay on a timely basis for services rendered as required by this
256

engagement letter. The client further acknowledges and agrees that in the even we stop
work or withdraw from this engagement as a result of the client’s failure to pay on a
timely basis for services rendered as required by this engagement letter, we, PISO
FINANCIAL ACCOUNTING FIRM, shall not be liable for any damages that occur as
a result of ceasing to render services.

If a dispute arises among the parties hereto, the parties agree first to try in good faith to
settle the dispute by mediation administered appropriate body.

If the foregoing is in accordance with your understanding, please sign the Engagement
Letter in the space provided and return it to the undersigned.

Thank You for this opportunity to serve you…


Sincerely,

PISO FINANCIAL ACCOUNTING FIRM

APPROVED:

PRIMO CRUZ
Managing Partner
257

APPENDIX R
Articles of Partnership
258

ARTICLES OF PARTNERSHIP

OF

PCAAP PARTNERSHIP

KNOW ALL MEN BY THESE PRESENTS:

That we, the undersigned partners, all of legal age, residents and citizens
of the

Philippines, have on this day voluntarily associated ourselves together for the purpose of
forming a general partnership under the following terms and conditions and subject to
existing and applicable laws of the Republic of the Philippines:

AND WE HEREBY CERTIFY:

ARTICLE I. Partnership Name: That the name of this partnership


shall be PCAAP PARTNERSHIP and shall transact business under the said company
name.

ARTICLE II. Business Purpose: That the purpose/s for which this partnership
is formed is to acquire, hold for investment, mortgage, manage, operate, lease,
refinance, build, develop, restore, provide through easements and otherwise for
continuing preservation, and sell properties, to engage in any and all activities, incidental
or related to the above, including but not limited to the opening, maintaining and closing
bank accounts and financial institutions selected by the partners in the partnership
name, the borrowing of money in the partnership name and the pledging of partnership
assets for the transactions, and in all respects to act as an owner and operator of real
and personal property, upon and subject to the terms and conditions of this agreement.
259

ARTICLE III. Principal Place of Business: That the principal place of business
of this partnership shall be located at San Gregorio St., Buna Cerca, Indang, Cavite.

ARTICLE IV. Term of Existence: That this partnership shall have a term of 20
years from and after the original recording of its Articles of Partnership by the Securities
and Exchange Commission.

ARTICLE V. Partners’ Circumstances: That the names, nationalities and


complete residence addresses of the partners are as follows:

Name Nationality Complete Residence Address

Primo Cruz Filipino 201 Magtanggol St., Buna Lejos I, Indang, Cavite

Cassie Bartolome Filipino 198 A Luna St., Poblacion Dos, Indang, Cavite

Aleine Baltazar Filipino 099 San Gregorio St, Buna Cerca, Indang, Cavite

Alexine Diaz Filipino 010 Narra St., Kayquit III, Indang, Cavite

Princess Ortega Filipino 218 Rizal St., Buna Cerca, Indang, Cavite

ARTICLE VI. Capital Contributions: That the capital of this Partnership shall
be the amount of THREE MILLION PESOS (P3,000,000.00), Philippine Currency,
contributed in cash by the partners, as follows:

Name Amount Contributed

Primo Cruz Php 250,000.00

Cassie Bartolome Php 500,000.00

Aleine Baltazar Php 500,00.00

Alexine Diaz Php 750,000.00

Princess Ortega Php 1,000,000.00


260

That no transfer of interest which will reduce the ownership of Filipino citizens to
less than the required percentage of capital as provided by existing laws shall be
allowed or permitted to be recorded in the proper books of the partnership.

ARTICLE VII. Sharing Ratios: That the profits and losses of this partnership
shall be divided and distributed proportionately equally. However, the managing partner
is exempted from incurring losses.

ARTICLE IX. Management: That this partnership shall be under Primo Cruz,
as Managing Manager, who shall be in charge of the management of the affairs of the
company. He shall have the power to use the partnership name and in otherwise
performing such acts as are necessary and expedient in the management of the firm and
to carry out its lawful purposes.

ARTICLE X. Undertaking to Change Name: That the partners undertake to


change the name of this partnership, as herein provided or as amended thereafter,
immediately upon receipt of notice or directive from the Securities and Exchange
Commission that another corporation, partnership or person has acquired a prior right to
the use of that name or that the name has been declared as misleading, deceptive,
confusingly similar to a registered name, or contrary to public morals, good customs or
public policy.
261

IN WITNESS WHEREOF, we have hereunto affixed our signatures this 13 th day


of December, 2019, at Indang, Cavite

Primo Cruz Cassie Bartolome

TIN: 754-825-315-000 TIN: 754-814-367-000

Aleine Baltazar Alexine Diaz

TIN: 754-829-198-000 TIN: 754-798-199-000

Princess Ortega

TIN: 754-011-898-000
262

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)

____________________________) S.S.

BEFORE ME, a Notary Public, for and in Indang Cavite, this 13th day of
December, 2019, personally appeared the following persons:

Name TIN/ID/Passport No. Date Issued

Primo Cruz 754-825-315-000 10-14-2015

Cassie Bartolome 754-814-367-000 08-31-2013

Aleine Baltazar 754-829-198-000 10-07-2016

Alexine Diaz 754-798-199-000 11-21-2017

Princess Ortega 754-011-898-000 09-11-2011

known to me and to me known to be the same persons who executed the foregoing
Articles of Partnership constituting of three pages, including this page where the
acknowledgement is written, and they acknowledged to me that the same is their free
and voluntary act and deed.

WITNESS MY HAND AND SEAL on the date and place above written.

NOTARY PUBLIC

Doc. No. ______;

Page No. ______;

Book No. ______;

series of 20 ______.
263

APPENDIX S
Curriculum Vitae
264

LOPEZ, IVY N.
327 Magtanggol St., Buna Lejos I, Indang, Cavite
09284008521
ivyang.lopez@gmail.com

EDUCATIONAL BACKGROUND

 Tertiary Education: Cavite State University – Main Campus


Address: Indang, Cavite
Degree Program: Bachelor of Science in Accountancy

 Secondary Education: St. Gregory Academy


Address: Indang, Cavite
Year Graduated: 2015

 Primary Education: Buna Lejos Elementary School


Address: Indang, Cavite
Year Graduated: 2011

ORGANIZATIONAL AFFILIATIONS

 National Federation- Junior Philippine Institute of Accountants


Member
2015-Present

 Cavite Junior Philippine Institute of Accountants


Member
2015-Present
265

AWARDS AND RECOGNITIONS

 Academic Scholar
Cavite State University – Main Campus
AY 2015-Present

 Second Honorable Mention


St. Gregory Academy
Class of 2015

SEMINARS AND TRAININGS

 Pre-employment Seminar for Graduating Students of the


University
Cavite State University, Indang, Cavite
October 2019

 Anticipating Self-Success, Empowering the Mind and Building


Lifelong Excellence
Cavite State University, Indang, Cavite
September 2019

 Life behind the title: Chasing the Paradigm of an Accountant


Cavite State University, Indang, Cavite
April 2017

 CPA Profession: Challenges on ethics and Gender Responsiveness


Cavite State University, Indang, Cavite
April 2017
266

 Opening the Corporate World: The Strategic Approach into


Success
Cavite State University, Indang, Cavite
April 2017

 Let’s C.H.A.N.G.E.: Create Harmonious Relationship And Nurture


Gender Equality
Cavite State University, Indang, Cavite
August 2016

 STRIKE: Set Goals, Transcend Limits, Resonate Excellence,


Invigorate Faith, Keep on Empowering Oneself in the CPA
Licensure Examination
Cavite State University, Indang, Cavite
February 2016

SKILLS

 Has knowledge in accounting and auditing


 Good written and communication skills
 Well-skilled in Microsoft Office Applications such as:
Microsoft Office Word
Microsoft Excel
Microsoft Office Powerpoint
 Has excellent problem-solving skills
 Fast learner and dedicated
 Ability to work independently or as part of a team

CHARACTER REFERENCES
267

▪ Dr. Dolores C. Aguilar, CPA, MBA


Department Chair, Accountancy Department
College of Economics, Management and Development Studies
Cavite State University – Main Campus
09777214350

▪ Ludivinia F. Victorino, CPA, MBA


Former Department Chair, Accountancy Department
College of Economics, Management and Development Studies
Cavite State University – Main Campus
09177210807
MARY ANNE R. LOPEZ
106 Magdalo St. Buna Lejos II, Indang, Cavite
09102213149
Meannlopez2222@gmail.com

EDUCATIONAL BACKGROUND

▪ Tertiary Education: CAVITE STATE UNIVERSITY


Address: Indang, Cavite
Degree Program: BS Accountancy

▪ Secondary Education: CAVITE STATE UNIVERSITY SCIENCE HIGH


SCHOOL
Address: Indang, Cavite
Year Graduated: 2015

ORGANIZATIONAL AFFILIATIONS

▪ National Federation- Junior Philippine Institute of Accountants


2015-present

▪ Junior Philippine Institute of Accountants – CvSu Chapter


2015-present

▪ Sangguniang Kabataan Federation


Sangguniang Kabataan Chairperson
Brgy. Buna Lejos II, Indang, Cavite
2018-present
AWARDS AND RECOGNITIONS

▪ Academic Scholar
Accountancy Department, College of Economics, Management and Development
Studies
2015-present

SEMINARS AND TRAININGS


▪ Office of the Student Affairs and Services Seminar – Pre-
Employment Seminar for graduating students of the University
International Convention Center, Cavite State University
Indang, Cavite
October 16, 2019

▪ JPIA-CvSU Seminar – “Anticipating Self-Success, Empowering the Mind


and Building Lifelong Excellence (ASSEMBLE)”
SM Rolle Hall, Cavite State University
Indang, Cavite
September 13, 2019

▪ Sangguniang Kabataan Provincial Federation Seminar – “The New


SK: Committed, Competent and Credible Working Together for the
Upliftment of the Filipino Youth”
Azelea Hotel and Residences
Baguio City
September 26-28, 2018

▪ JPIA-CvSU Seminar – “Life behind the title: Chasing the Paradigm of an


Accountant”
International House II, Cavite State University
Indang, Cavite
April 22, 2017
▪ JPIA-CvSU Seminar – “CPA Profession: Challenges on Ethics and
Gender Responsiveness”
SM Rolle Hall, Cavite State University
Indang, Cavite
April 11, 2017

▪ College of Economics, Management and Development Studies


Seminar – “Opening the Corporate World: The Strategic Approach into
Success”
SM Rolle Hall, Cavite State University
Indang, Cavite
April 3, 2017

▪ JPIA-CvSU Seminar – “Let’s C.H.A.N.G.E.: Create Harmonious


Relationship And Nurture Gender Equality”
Cavite State University
Indang, Cavite
August 18, 2016

▪ JPIA-CvSU Seminar – “STRIKE: Set Goals, Transcend Limits, Resonate


Excellence, Invigorate Faith, Keep on Empowering Oneself in the CPA
Licensure Examination”
SM Rolle Hall, Cavite State University
Indang, Cavite
February 16, 2016

SKILLS

▪ Excellent Analytical Skills and Keen to Details


▪ Problem-solving skills
▪ Leadership skills
▪ Communication skills
▪ Computer-related skills

CHARACTER REFERENCES
▪ Ludivinia F. Victorino, CPA, MBA
Former Department Chair, Accountancy Department
College of Economics, Management and Development Studies
Cavite State University Main Campus
+639177210807

▪ Dr. Dolores A. Aguilar, CPA, MBA


Department Chair, Accountancy Department
College of Economics, Management and Development Studies
Cavite State University Main Campus
+639264678070

▪ Elmer V. Torres
Barangay Captain
Brgy. Buna Lejos II, Indang, Cavite
Municipality of Indang
+639185820563
GRACE ANN M. PIEDAD
284 A Luna St. Poblacion 2, Indang Cavite
09090784878
gracyann.piedad@gmail.com

EDUCATION

Tertiary Cavite State University – Main Campus (2015 – present)

Indang, Cavite
Bachelor of Science in Accountancy

Secondary Cavite State University Science High School – Main Campus (2011 -2015)

Indang, Cavite

Primary Indang Central elementary School (2005 – 2011)

Indang, Cavite

SKILLS & ABILITIES

● Knowledge in Accounting and Auditing


● Oriented in using Offline BIR form software, VAT relief and Alpha list
● Ability to communicate proficiently
● Proficient in clerical works
● Works with perseverance
● Knowledge in Microsoft Office Applications (Microsoft Office Word, Microsoft
Office PowerPoint)
● Works effectively in cross cultural setting

AWARDS AND RECOGNITIONS


● Civil Service Examination – Professional Level Passer
Civil Service Commission
Republic of the Philippines
August 2018

● PHOTOQUOGRAPHY CONTEST: Breaking Barriers, Opening Doors


Social Awareness on Persons with Disability
Champion
Cavite State University – Main Campus
October 9, 2015

● Buwan ng Wika: Pagkuha ng Larawan


rd
3 Place
Cavite State University – Main Campus
August 19, 2015

● Consistent Academic Scholar


Office of Student Affairs and Services
Cavite State University - Main Campus
2015-2019

SEMINARS ATTENDED

● Pre-employment Seminar 2019


Cavite State university – Main Campus
CvSU-International Convention Center
Indang, Cavite
October 16, 2019

● Broadway Musical: A Seminar on Mental Health Awareness


CaJPIA General Assembly
Emilio Aguinaldo College – Cavite
Dasmariñas City, Cavite
October 13, 2019

● ASSEMBLE: Anticipating Self Success Empowering the Mind and Building


Lifelong Excellence
JPIA-CvSU 11th General Assembly
Cavite State University – Main Campus (S.M. Rolle Hall)
Indang, Cavite
September 13, 2019

● MADE TO CONQUER: A seminar on Youth and Mental Health


Leadership Assembly
Provincial Gymnasium
Trece Martires City, Cavite
March 17, 2019

● CARRY ON-Commence Awareness, Redeem Resiliency, Yield Optimism


and Nobility
JPIA-CvSU 10th General Assembly
Cavite State University- Main Campus (CvSU Chapel)
Indang, Cavite
October 20, 2018

● RISE UP: Revitalize Ideas, Synthesis Excellence and Uncover Possibilities


JPIA – CvSU 9th General Assembly
Cavite State University – Main Campus (S.M. Rolle Hall)
Indang, Cavite
October 30, 2017

● "Life Behind the Title: Chasing the Paradigm of an Accountant"


JPIA- CvSU 8th Accountancy Fair
Cavite State University – Main Campus (International House II)
Indang, Cavite
April 22, 2017

● "CPA Profession: Challenges on Ethics and Gender Responsiveness"


ACTG99 (Accounting Synthesis)
Cavite State University – Main Campus (S.M. Rolle Hall)
Indang, Cavite
April 11, 2017

● OPENING THE CORPORAYE WORLD: The strategic Approach into


success
Symposium
Cavite State University – Main Campus (S.M. Rolle Hall)
Indang, Cavite
April 3, 2017

● "C.H.A.N.G.E – Create Harmonious Relationship And Nurture Gender


Equality"
JPIA-CvSU 8th General Assembly
Cavite State University – Main Campus (S.M. Rolle Hall)
Indang, Cavite
August 18, 2016

● STRIKE: Set Goals, Transcend Limits, Resonate Excellence, Invigorate


Faith, Keep on Empowering Oneself in the CPA Licensure Examination
Cavite State University – Main Campus (S.M. Rolle Hall)
Indang, Cavite
February 16, 2016

● LEADERSHIP CHALLENGES: Inspiring Others to Make a Difference


Cavite State University – Main Campus (S.M. Rolle Hall)
Indang, Cavite
August 11, 2014

ORGANIZATIONAL AFFILIATIONS
● Cavite State University - Junior Philippine Institute of Accountants
Vice President for External Affairs
2019-present

● Cavite State University - Junior Philippine Institute of Accountants


Member
2015-2019

● Cavite Junior Philippine Institute of Accountants


Member
2015-present

● Region IV Junior Philippine Institute of Accountants


Member
2015-present

● National Federation- Junior Philippine Institute of Accountants


Member
2015-present

● CFC- Youth for Christ


Youth Leader
2011-present

REFERENCES
Ludivinia F. Victorino, CPA, MBA
Former Department Chair, Accountancy Department
College of Economics, Management and Development Studies
Cavite State University
0998 885 8247

Dolores L. Aguilar, CPA, DBA


Department Chair, Accountancy Department
College of Economics, Management and Development Studies
Cavite State University
0977 721 4350

Voltaire Perez
Couple Coordinator, CFC-Youth for Christ
Province of Cavite
0905 301 0568
COLEEN JAN ALEXA C. RODRIN
201 Magtanggol St., Buna Lejos I, Indang, Cavite
09998174385
coleenrodrin@gmail.com

EDUCATIONAL BACKGROUND

▪ Tertiary Education:
Cavite State University – Main Campus
Indang, Cavite
BS Accountancy

▪ Secondary Education:
Cavite State University – Science High School
Indang, Cavite
2015

ORGANIZATIONAL AFFILIATIONS

 National Federation- Junior Philippine Institute of Accountants


Member
2015-present

 Cavite Junior Philippine Institute of Accountants


Member
2015-present

 Pederasyon ng Sangguniang Kabataan ng Indang


Auditor
2018-present
 Cavite Junior Philippine Institute of Accountants – CvSU Chapter
Vice President for Academic Affairs
2019-2020

 Board of Auditor
Member
2019-present

AWARDS AND RECOGNITIONS

▪ Consistent CvSU State Scholar


Office of the Student Affairs and Services
Cavite State University – Main Campus
2015-2018

▪ Academic Scholar
College of Economics, Management and Development Studies
Cavite State University - Main Campus
2015-2018

SEMINARS AND TRAININGS


 Pre-employment Seminar
Cavite State University – Main Campus
Indang, Cavite
October 16, 2019

 2nd SK Municipal Congress: “Capacitating SK Officials Towards


Exemplary Youth Leadership”
Caliraya Resort Club Inc.
Lumban, Laguna
June 15-17, 2019

 Sangguninang Kabataan 2nd Provincial Congress: “Revitalizing


the Sangguniang Kabataan Officials Towards Effective, Efficient,
and Excellent Youth Leadership”
Subic Holiday Villas
Olongapo City
March 6-8, 2019

 CARRY ON: Commence Awareness, Redeem Resiliency, Yield


Optimism and Nobility – JPIA-CvSU 10th General Assembly
Cavite State University- Main Campus
Indang, Cavite
October 20, 2018

 Sangguninang Kabataan 1st Provincial Congress: “The New SK:


Committed, Competent, and Credible Working Together for the
Upliftment of the Filipino Youth”
Azalea Hotel, Baguio City
September 26-28, 2018

 STRIKE: Set Goals, Transcend Limits, Resonate Excellence,


Invigorate Faith, Keep on Empowering Oneself in the CPA
Licensure Examination
Cavite State University – Main Campus
Indang, Cavite
February 16, 2018

 “CPA Profession: Challenges on Ethics and Gender


Responsiveness" - ACTG99 (Accounting Synthesis)
Cavite State University – Main Campus
Indang, Cavite
2017

 RISE UP: Revitalize Ideas, Synthesis Excellence and Uncover


Possibilities - JPIA – CvSU 9th General Assembly
Cavite State University – Main Campus
Indang, Cavite
October 30, 2017

 JPIA- CvSU 8th Accountancy Fair: Life Behind the Title: Chasing
the Paradigm of an Accountant
Cavite State University – Main Campus
Indang, Cavite
April 2017

SKILLS
▪ Excellent Analytical Skills and Keen to Details
▪ Good leadership skills
▪ Good communication skills
▪ Excellent knowledge on accounting, finance, taxation, business law, and
economics
▪ Familiarity on numeracy, decision making, reporting, and compliance with
regulatory requirements
▪ Strong analytical and problem solving skills
▪ Can work under pressure

CHARACTER REFERENCES

 Ludivinia C. Victorino, CPA, MBA


Former Department Chair, Accountancy Department
College of Economics, Management and Development Studies
Cavite State University – Main Campus
09988858247

 Sharon M. Isip
Dean, Office of Student Affairs and Services
Cavite State University – Main Campus
09055188824
 Ernick R. Romen
Secretary, Pederasyon ng Sangguniang Kabataan ng Indang
Municipality of Indang
09993232380

PATRICIA KATE C. TAGANAS


106 Narra St. Kayquit 3, Indang, Cavite
09261576594
patriciakatetaganas@gmail.com

EDUCATIONAL BACKGROUND

▪ Tertiary Education:

CAVITE STATE UNIVERSITY – MAIN CAMPUS


Indang, Cavite
Bachelor of Science in Accountancy

▪ Secondary Education:

SAINT GREGORY ACADEMY


Indang, Cavite
Year Graduated: 2015

ORGANIZATIONAL AFFILIATIONS

▪ National Federation of Junior Philippine Institute of Accountants


▪ Cavite Junior Philippine Institute of Accountants
▪ Junior Philippine Institute of Accountants – Cavite State
University Chapter

 Consistent Academic Scholar


AWARDS
College AND RECOGNITIONS
of Economics, Management, and Development Studies
Cavite State University – Main Campus
2015 – 2019
 Top 6 during the Qualifying Examination for BS Accountancy
Department of Accountancy
Cavite State University – Main Campus
June 5, 2017
 Best Presenter on the “Accounting Fraud Presentation” as
completion for the subject BCOM21 – Technical Writing: Business and
Accounting Application
Department of Accountancy
Cavite State University – Main Campus
December 2017

SEMINARS AND TRAININGS

 Pre-Employment Seminar for Graduating Students of the


University
CVSU International Convention Center, Cavite State University – Main
Campus, Indang, Cavite
October 16, 2019
 ASSEMBLE – Anticipating Self-Success, Empowering the Mind and
Building Lifelong Experience
JPIA-CVSU 11th General Assembly
SM Rolle Hall, Cavite State University – Main Campus, Indang, Cavite
September 13, 2019
 CARRY ON – Commence Awareness, Redeem Resiliency, Yield
Optimism and Nobility
JPIA-CVSU 10th General Assembly
CVSU Chapel, Cavite State University – Main Campus, Indang, Cavite
October 20, 2018
 RISE UP: Revitalize Ideas, Synthesis Excellence, and Uncover
Possibilities
JPIA-CVSU 9th General Assembly
SM Rolle Hall, Cavite State University – Main Campus, Indang, Cavite
October 30, 2017

 “Life Behind the Title: Chasing the Paradigm of an Accountant”


JPIA-CVSU 8th Accountancy Fair
International House II, Cavite State University – Main Campus, Indang,
Cavite
April 22, 2017
 “CPA Profession: Challenges on Ethics and Gender
Responsiveness”
ACTG99 (Accounting Synthesis)
SM Rolle Hall, Cavite State University – Main Campus, Indang, Cavite
April 11, 2017
 CHANGE – Create Harmonious Relationship and Nurture Gender
Equality
JPIA-CVSU 8th General Assembly
SM Rolle Hall, Cavite State University – Main Campus, Indang, Cavite
August 18, 2016
 STRIKE: Set Goals, Transcend Limits, Resonate Excellence,
Invigorate Faith, Keep on Empowering Oneself in the CPA
Licensure Examination
JPIA-CVSU 7th Fab Feb Fair
SM Rolle Hall, Cavite State University – Main Campus, Indang, Cavite
February 16, 2016

SKILLS

TECHNICAL SKILLS
 Excellent knowledge on accounting, finance, taxation, business law, and
economics
 Familiarity on numeracy, decision making, reporting, and compliance with
regulatory requirements
 Strong analytical and problem solving skills
 Computer skills (Microsoft Office Word, Excel, Powerpoint, Internet, etc.)

PERSONAL SKILLS
 Good written and verbal communication skills
 Ability to work in groups and to be a team player
 Highly trustworthy and ethical
 Efficiently able to multitask while adequately prioritizing tasks
 Motivated, determined, and consistent
 Ability to anticipate and adapt to change

CHARACTER REFERENCES

Dr. Dolores Aguilar, CPA, MBA


Department Chair, Department of Accountancy
College of Economics, Management, and Development Studies
Cavite State University – Main Campus
0926-467-8070

Mrs. Ludivinia F. Victorino, CPA, MBA


Former Department Chair, Department of Accountancy
College of Economics, Management, and Development Studies
Cavite State University – Main Campus
0998-885-8247

Mrs. Imelda T. Villena


Teacher
San Miguel Elementary School
Dasmariñas, Cavite
0949-504-6341
SOHFIA JESSE N. VERGARA
384 Lintiw Rd., Buna Cerca, Indang, Cavite
09568206591
sohfiaj@gmail.com

EDUCATIONAL BACKGROUND

▪ Tertiary Education: CAVITE STATE UNIVERSITY – MAIN


CAMPUS
Address: Indang, Cavite
Degree Program: Bachelor of Science in Accountancy

▪ Secondary Education: CAVITE STATE UNIVERSITY –


LABORATORY
SCIENCE HIGH SCHOOL
Address: Indang, Cavite
Year Graduated: 2015

ORGANIZATIONAL AFFILIATIONS

▪ National Federation- Junior Philippine Institute of Accountants


Member
2015-present

▪ Cavite Junior Philippine Institute of Accountants


Member
2015-present

▪ Junior Philippine Institute of Accountants – CvSU Chapter


Member
2015-present
▪ Junior Philippine Institute of Accountants – CvSU Chapter
Vice President for Internal Affairs
2017-2018

▪ Junior Philippine Institute of Accountants – CvSU Chapter


Vice President for Membership
2016-2017

▪ Junior Philippine Institute of Accountants – CvSU Chapter


Vice President for Liaison
2015-2016

AWARDS AND RECOGNITIONS

▪ CHED Scholar
Cavite State University – Main Campus
Indang, Cavite
2017-present

▪ Academic Scholar
Cavite State University – Main Campus
Indang, Cavite
2015-2018

▪ Highest GPA-1st year level


Department of Accountancy, College of Economics, Management and
Development Studies
Cavite State University – Main Campus
February 2016

▪ Ms. Popular
Provincial Sportsfest
Cavite Junior Philippine Institute of Accountants
February 2016
SEMINARS AND TRAININGS

▪ Pre-Employment Seminar
CvSU International Convention Center
Indang, Cavite
October 16, 2019

 Anticipating Self-Success, Empowering the Mind and Building


th
Lifelong Excellence (ASSEMBLE)JPIA – CvSU 11 General
Assembly
Cavite State University – Main Campus
S.M. Rolle Hall, Indang, Cavite
September 13, 2019

 “CPA Profession: Challenges on Ethics and Gender


Responsiveness”
ACTG99 (Accounting Synthesis)
Cavite State University – Main Campus
S.M. Rolle Hall, Indang, Cavite
April 11, 2017

 “Opening the Corporate World: The Strategic Approach into


Success”
Cavite State University – Main Campus
S.M. Rolle Hall, Indang, Cavite
April 3, 2017

 “Let’s C.H.A.N.G.E – Create Harmonious Relationship and


Nurture
Gender Equality” JPIA – CvSU 8th General Assembly
Cavite State University – Main Campus
S.M. Rolle Hall, Indang, Cavite
August 18, 2016

 “STRIKE: Set Goals, Transcend Limits, Resonate Excellence,


Invigorate Faith, Keep on Empowering Oneself in the CPA
Licensure Examination”
Cavite State University – Main Campus
S.M. Rolle Hall, Indang, Cavite
February 16, 2016
 A Road to Excellence: Youth Leader Congress 2015
Cavite State University – Main Campus
S.M. Rolle Hall, Indang, Cavite
September 10, 2015

SKILLS

 Proficient in MS Office (Word, Powerpoint, Excel)

 Good Communication Skill

 Sound Knowledge of Accounting, Finance, and Management

 Leadership Skill

 Capable of working efficiently under pressure

 Highly-organized

CHARACTER REFERENCES

▪ Dr. Dolores A. Aguilar, CPA, MBA


Department Chair, Accountancy Department
College of Economics, Management, and Development Studies
Cavite State University – Main Campus
+639777214315

▪ Ludivinia F. Victorino, CPA, MBA


Former Department Chair, Accountancy Department
College of Economics, Management, and Development Studies
Cavite State University – Main Campus
+639177210807
▪ Dr. Olive P. Roderos
Doctor of Internal Medicine, Gentri Doctors
General Trias, Cavite
+639177172336
APPENDIX T
Photo Documentation
Students answering questionnaire
Parents answering questionnaires