Sycip Gorres Velayo & Co.

SyCip Gorres Velayo & Co. (branded as SGV & Co.) is the Philippines' largest multidisciplinary professional services firm. As of 2014, the company has employed over 3,000 professionals from various disciplines, including Certified Public Accountants, legal professionals, economists, human resource professionals, engineers, statisticians, financial analysts, and other business and technical experts.

Since 1996, it has been the only ISO 9002-certified professional services firm in the country, becoming an affiliate of Ernst & Young International on June 6, 2002.

SyCip, Gorres, Velayo, and Company was founded by Filipino Chinese businessman Washington SyCip in Manila, providing services to businesses recovering from the Second World War. It was a one-man operation, with SyCip as accountant, messenger, and janitor simultaneously. SyCip's boyhood friend, Alfredo M. Velayo, and Vicente O. José, an accountant with copious experience in tax work, were taken in as partners in 1947 to form SyCip, Velayo, Jose & Co.

In 1948, the firm embarked on its first overseas engagement by working out a merger with Henry Hunter Bayne & Co. (HHB), which started its practice in the then-American controlled Philippine Islands in 1906.

In 1953, Thomas Farnell, a senior partner of HHB, decided to return to the United States and sell his practise to Filipino accountants Arsenio Reyes and Ramón J. Gorres. After a series of negotiations between the two and SyCip, the firms merged to form SyCip, Gorres, Velayo & Co.

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