Every assignment is supervised by a partner of the Firm. This partner will be directly responsible, at the highest level, for the assignment and he will take a personal commitment in the performance of the work in accordance with the contractual terms agreed.
The partner in charge will be assisted by a working team bearing the technical training and professional skills that,in his opinion,best suit the performance of the assignment.
Every assignment shall be carefully performed, with the professional diligence that could be reasonably expected from any like organization and attempting to reduce human error to its minimum expression.
Our opinions, pieces of advice, suggestions and recommendations shall be issued with the freedom of criterion and objectivity that can reasonably be expected from any professional. Freedom of criterion and objectivity shall not hinder the professionals’ complete understanding of the corporation requirements and their full identification therewith to the same extent as if they were permanent members thereof.
In every case, the conclusions drawn from our job shall be discussed with the corporation’s officers who are operatively liable for the assignments in order to know their opinion about our conclusions and to incorporate them in case they differ from ours.
The information obtained during the performance of the assignment as well as the conclusions therefrom are to be kept secret and the scope of secrecy shall be determined by the entity for which our services have been rendered.
Services
At our Firm, services are rendered by different working areas each of them under the direction of a professional holding a capacity as partner. The activities within such areas may be jointly or individually performed, as required, without implying any express consideration whatsoever about the principal or ancillary nature thereof.
AuditIn this area, our professional team considers the function of the audit as an evaluation of the internal control that involves the issuance of a technical opinion about its elements.
Although our main activity is directed towards the assessment of the internal control, related specifically to the information and means, we are also liable, through the review of the corporate financial statements, for the issuance of reports on the merits of the internal control in its broadest sense, expressing our opinion on all aspects associated to the fair protection of equity, the compliance with corporate policies, the operating effectiveness and the systems of information.
We have included the function of due diligence to assist the purchasers and / or sellers in operations of purchase / sell of corporations and in the further examination and revision of the obligations / responsibilities emerging from contracts, and specially on the applicability conditions of scrow contracts and support on recovery measures.
Consulting services on business managementIt is not unusual that individuals and legal entities have non-routine or non-recurrent needs that call for an additional effort. Very often, this supplementary effort cannot be completed either because there is no enough time or because the company does not have the appropriate expert among its own staff.
Also, it may be possible that several opposite proposals be made within the corporation to solve the same problem, which, regardless the feasibility of the solutions, may originate some institutional issues that should preferably be avoided and the solution whereto may be contributed by an independent and objective professional opinion.
TaxesTax law has a dynamic structure. The taxation provisions are subject to continous modifications to fit the State’s goals. Frequently, the internal organization of the company is not able to deal with this update process since it not only requires a full knowledge of the changes involved but also a comprehensive interpretation of the whole body of rules applicable.
Usually, the corporate administrative systems change, incorporate new forms, eliminate vouchers and, at times, the resulting formal aspect might be levied by any tax which might not be noticed by the company’s working group and which might come up upon inspection by the fiscal tax authorities.
Very often, the taxation aspect of an investment project becomes an element of cost that may, if wrongfully handled, turn a good idea into an uttainable goal. At this point, it might also be possible that the supporting documentation of the project may not be obtained as easily and promptly as the case requests.
Human resourcesBusiness companies are commonly structured on organizational systems accompanied by a schedule of proceedings which,in order to fulfill the purposes for which they were designed, require skilled, well trained employees having an adequate personal opinion of the activity they perform, reasonably remunerated and morally sound.
Business AdministrationThis department has been organized to assist those companies which, due to the volume of their transactions, would rather retain the accounting, administrative and tax services than create them within their own structure.
Corporate ManagementOur Firm started developing this department in 1981 in view of the economic and financial problems that many companies in Latin America, and specially in our country, were enduring. The inflationary process, the periodic variations of interest rates, the sometime unpredictable modifications of exchange rates and, chiefly, the overall macroeconomic changes obliged to a continuous update of business guidelines, not always assimilated by the companies in due time and, therefore, posing some problems that, in many cases, affected them seriously.
Our Firm, when consulted on those topics, shall make a diagnosis of the problem to be discussed with the owners of company, its management staff and/or third parties; upon request, our Firm may undertake the execution of the plan resulting from the diagnosis and further discussions, provided it is attainable.
When necessary, we assist the tasks of reorganization of the liabilities, working hand by hand with the corporation's legal advisers in tasks related to pre- or bankruptcy proceedings.
SocietiesUsually, the creation of a new society (domestic or off-shore) becomes a tedious and complex issue. Our Firm, by itself or through a correspondent foreign firm, performs all the necessary tasks.
In addition, we perform all the periodic steps to fulfill legal and statutory rules.
Information systemsBearing in mind the valuable contribution of information systems to the industrial and commercial activity, our Firm provides adequate support to incorporate this technology, in case the company does not have it, or to optimize or improve the existing hardware and software.
Where the assignment is one included within the so called microcomputers scope, our Consulting department shall undertake it in an integral fashion. In case the corporation requirements surpass the above scope - i.e. minicomputers or mainframes - we shall proceed to analyze, develop and implement information systems jointly with specialized Firms with whom we have celebrated joint venture agreements for the rendering of this kind of services. The experience of these organizations in relation with larger capacity equipments, secures the necessary complement to meet the potential necessities of the users.