Description about Donasco & Co., Ltd

Donasco & Co., Ltd. (DCO) (“the Firm”) is a private limited company registered in Cambodia under the Ministry of Commerce in July 16, 2006 to practice public accountancy and perform accounting services.

The firm is an exclusive Independent Member firm for Cambodia of The International Accounting Group (TIAG) – A Worldwide Alliance of Independent Accounting Firms. TIAG® is a global alliance of independent accounting firms with more than 110 member firms based in over 60 countries. Please visit our website at www.tiagnet.com.

DCO is headed by Mr. Ronald A. Donasco, CPA, FAIA – Philippines, Cambodia and UK, Managing Director of the Firm. Mr. Donasco obtained his Bachelor of Science in Accountancy at the University of the Philippines (UP) in the Visayas, a premier state university in the Philippines in 2000. He is also obtained his license as Certified Public Accountant (CPA) in May 2001. He has more than 13 years experience in the practice of public accountancy and financial consulting in the Philippines, Cambodia, Vietnam, Thailand, Laos, Myanmar, India, Nepal, Sri-Lanka, Bangladesh, Indonesia and Afghanistan. Mr. Donasco has worked with C.B. Fuentesfina & Horwath – An Network Firm of Crowe Horwath Internation for two years as Professional Staff and Branch in-Charge of the Firm in Davao City, Philippines. Mr. Donasco is a registered CPA with Philippine Institute of Certified Public Accountants (PICPA), Kampuchea Institute of Certified Public Accountants and Auditor’s (KICPAA) and Association of Certified Public Accountants (ACPA) UK. Mr. Donasco is also a Fellow Member of Association of International Accountants (AIA) UK (FAIA) and the Associate Member of Association of Certified Fraud Examiner (ACFE).

The Firm is composed of nineteen (19) staff members with four (4) in administration and management, four (4) staff in Accounting and Tax Services and eleven (11) in the Auditing and Assurance Services. Staff members have obtained Bachelor of Science in Business Administration, Accountancy and Banking and Finance from prestigious universities in the Philippines and Cambodia, worked with SGV & Co. – a member firm of Ernst and Young (EY) Global (Philippines) and CBF & Horwath – Crowe Horwath International (Philippines), and with qualifications as Certified Public Accountants in the Philippines and Cambodia and pursuing Association of Certified Chartered Accountants (ACCA) UK.

Firm’s History

October 2005 – The firm was formed under the name of S. T. Fontamillas & co., Ltd. Ms. Fontamillas was the Managing Partner and Mr. Ronald was the Audit Manager.
October 2008 – The firm’s name was changed to Fontamillas, Donasco & Co., Ltd. and Mr. Donasco became the Managing Partner.
October 2013 – Mr. Donasco obtained became the major stockholder of the Firm.
September 2015 – Mr. Donasco took over the full ownership and management of the Firm from Ms. Fontamillas and the Firm’s name was changed to Donasco & Co., Ltd.

Message from the Managing Director

DCO started as very small firm in 2005 but with big heart of helping the Local and International NGOs and share its expertise to Cambodian Accountants through the performance of audit, training, consultancy and other special engagements. We grew rapidly over the years through the referrals of our clients to other NGOs because of our excellent professional work and commitment on helping and improving the accounting systems of our clients.

For more than five years now in our operation, DCO proves time and time again that our outstanding professionalism and meeting if not exceeding clients’ expectation while maintaining integrity is our key for every successful engagement to our clients.

Our commitment to serve the needs and best interest of our clients alongside with promoting accountability, honesty and transparency will always at the heart of our service to all our clients.

Our mission to excel in our professional work, serve our clients with outstanding professionalism and help our clients reach its potential, grow stronger every time we succeed in our work and hear our clients appreciate our service. This is an achievement to our mission and brings fulfillment to our work.

In June 2011, DCO’s professional work has gained international recognition when we were selected as an exclusive member of The International Accounting Group (TIAG) – A Worldwide Network of Quality Accounting Firms.

We therefore strive more to give our very best to our profession, to excel further, serve better and glorify God in our work.

I would like to take this opportunity to express our heartfelt thanks to all our clients for your continued partnership over the years and we look forward to a fruitful years of partnership in the future.