Ruth Blasco

Assurance Partner, PwC Philippines

Ruth specializes in providing assurance and advisory services to companies in the Financial Services sector, in particular those in the banking, capital markets, insurance and investment management. She has also thorough experience handling entities in other business lines such as real estate, business process outsourcing, retirement plans, manning, manufacturing and not-for-profit organizations.

Ruth’s proficiency with multiple industries and sectors stems from her 11 years hands-on exposure on managing assurance relationships (both locally and overseas), providing advice on financial accounting and internal controls, and delivering pragmatic  financial solutions to clients, including involvement in several due diligence reviews and capital raising transactions. She also played a key role in transitioning the audits of PwC’s key insurance and banking client groups.

Ruth gained extensive international exposure from her 26-month posting in PwC Australia (2010 to 2012) where she was promoted to senior manager a year after the commencement of her secondment. Her stint with PwC Australia allowed Ruth to further hone her expertise in financial services industry by leading a number of external and internal audit engagements for multinational companies. She also participated in PwC global engagement quality reviews conducted in PwC US, Philadelphia and Hartford offices.

Ruth’s technical competence comes with in-depth knowledge and application of International Financial Reporting Standards, Philippine Financial Reporting Standards, US Generally Accepted Accounting Principles and regulatory requirements. She lectures on these topics for both local and international public seminars.

Ruth graduated at the top of her class (Rector’s Awardee/ Class Valedictorian and Magna Cum Laude) with a degree of Bachelor of Science in Accountancy from the University of Santo Tomas. She placed 14th on the Certified Public Accountant Licensure Examination. For further studies, Ruth completed the Building Value Course in Ateneo Graduate School of Business in June 2014, and the 89th Management Development Program in Asian Institute of Management in December 2015 with a ‘Superior Performance Award’. She is a member of Philippine Institute of Certified Public Accountants.

A genuine PwC professional, Ruth has a deep passion for client service and is always looking to add value to clients beyond the usual.

Experience

  • Banking
  • Insurance
  • Investment management (asset managers and fund companies)
  • Real estate
  • Retirement plans
  • Business process outsourcing
  • Non-profit organizations

Specialty

  • Financial audits of financial services institutions
  • Internal audits
  • Assurance services for public offerings
  • Internal control systems reviews
  • Due diligence reviews

Education

  • University of Santo Tomas - BS Accountancy (Rector’s Awardee/ Class Valedictorian and Magna Cum Laude)
  • Asian Institute of Management - 89th Management Development Program (Superior Performance Awardee)