CMC PH joins global accountancy network

Cruz-Marohombsar and Company (CMC) in The Philippines announced that has joined BDO, the fifth-largest accountancy network in the world, under the name BDO CMC to reflect a combined local roots and strong global network.

“We are committed to providing our clients with exceptional service and advice, whilst maintaining the utmost integrity,” said BDO CMC Managing Partner David V. Cruz in a statement released over the weekend.

Cruz has 20 years of professional experience with the Philippines’ Big 4 firms, providing audit, advisory, and outsourcing services to multinational and local clients across a multitude of industries.

He is joined by his deputy, Mohammad Zidni Marohombsar, who brings with him nearly two decades of professional accounting experience, including stints as a specialist on matters of public sector, as well as project and public financial management to multilateral development organizations. He has worked with one of the largest accounting firms in the Philippines and has been involved in projects for the Asian Development Bank, International Fund for Agricultural Development and the World Bank.

Marohombsar, “We’re excited with the appointment as a new member of the BDO network in The Philippines. BDO professionals take personal responsibility for their work, delivering on services to clients at the highest level.

This core group was formed at the start of 2021 with the goal of elevating the country’s public accounting practice by delivering quality service with impeccable commitment and integrity.

With their formal appointment into the BDO network, it is time for BDO CMC to lead in the Philippines.

The BDO network is an international network of independent public accounting, tax and advisory firms which are members of BDO International Limited, a UK company limited by guarantee, and perform professional services under the name of BDO (‘the BDO member firms’). BDO is the brand name for the BDO network of public accounting firms and for each of the BDO member firms.

As at 30 September 2022, the BDO network has a total combined fee income of more than US$ 12.8 billion, representing a year on year growth of 12.1 percent. The BDO member firms provide professional services in 164 countries, with 111,307 people working out of 1,803 offices worldwide.

BDO CMC, a Philippine partnership, is a member of BDO International Limited, and forms part of the international BDO network of independent member firms.