Blog

3 August 2018

Risk management in the use of Information and Communication Technologies

Risk management in the use of Information and Communication Technologies

For a decade now, the use of ICT tools in the daily work of organizations has increased exponentially in our country, and companies of all levels have experienced a notable increase in the use of new technological tools

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12 July 2018

Explosive growth tourism: good news, except for Amsterdam

Explosive growth tourism: good news, except for Amsterdam

The number of tourists in Holland rose by 9 percent to 42 million (in 2017 compared to 2016), according to recent figures from the CBS (Statistics Netherlands – Centraal Bureau voor de Statistiek). This is the strongest growth in ten years

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3 July 2018

IFRS 15: What will be different for users of financial statements?

IFRS 15: What will be different for users of financial statements?

IFRS 15 replaces all previous revenue requirements in IFRS (mainly IAS 11 Construction Contracts, IAS 18 Revenue, and related IFRICs IFRIC/SIC) and applies to all revenue arising from contracts with customers, unless the contracts are in the scope of other standards, such as IAS 17/IFRS 16 “Leases”. 

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15 June 2018

Communicating value and quality with price

Communicating value and quality with price

Professional accountancy firms are subject to price pressures. The 2016 IFAC Global SMP Survey showed that pressure to lower fees is the third highest challenge facing SMPs (see Transforming Challenges into Opportunities: Fee Pressure). Clients always seek “better prices”, even when they could be deeply interested in the services offered.

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30 May 2018

Refinancing processes: value added by a financial advisor

Refinancing processes: value added by a financial advisor

Despite quite a few years having passed since the onset of the financial crisis, and although it is true that the worst of the crisis has already passed, the truth is that recovery is being slower than envisaged in some sectors, especially in those in which the domestic market is the main or even only one.

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14 May 2018

Tourism and its strategic development. We must be ready for new trends

Tourism and its strategic development. We must be ready for new trends

Tourism is one of the must important economic sectors for many countries worldwide and it is evolving rapidly. This article aims at underline those aspects that we must keep in mind in order to understand and stand out on this strategic market.

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30 April 2018

Accounting professional judgement

Accounting professional judgement

The professional public accountant has the purpose to satisfy society’s needs through the financial information for decision-making.

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16 April 2018

3 Challenges for Audit & Assurance market

3 Challenges for Audit & Assurance market

In an increasingly competitive market, with fewer audited companies and more competitors, the major challenges are to raise awareness of the quality of our services and to be able to attract and create more talented teams and put more state-of-the-art technology in use.

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29 March 2018

Challenges in the digital economy for taxation

Challenges in the digital economy for taxation

The vertiginous increase in the transactions on the internet, has forced the tax administrations around the world to focus on finding an effective control mechanism in terms of tax collection, since this has become an important concern.

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15 March 2018

Goaloriented Managment

Goaloriented Managment

Lucius Annaeus Seneca said: "If one does not know to which port one is sailing, no wind is favorable.”

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1 March 2018

Internal control

Internal control

In 2004, the Committee of Sponsoring Organizations of the Treadway Commission published the Enterprise Risk Management - Integrated Framework, which has been reviewed over time (the last review, COSO III, dated back to 2013).

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15 February 2018

US 2018 Tax reform for corporations

US 2018 Tax reform for corporations

 After an exiting -for a few- and shameful –for many others- legislative process, last December 22th president Donald Trump signed into Law the highly expected US tax reform that includes the more in-depth changes and overhaul of the Tax Code in more than 30 years.

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31 January 2018

Accountant’s professional behavior and its effect on decision making process in the companies

Accountant’s professional behavior and its effect on decision making process in the companies

The accounting rules oriented to decision making process are issued, and are applied in according with the financial information needs of the company, establishing a challenge for accountants, that must have a good behavior to develop properly its professional practice. 

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17 January 2018

Travel Industry Transformation

Travel Industry Transformation

The Travel industry is in a clear path of transformation on the hand of new technologies as virtual reality (VR), augmented reality (AR), artificial intelligence (AI) and sensors, among others. Furthermore, the impact of new ways of doing businesses as Peer to Peer, or Business to Business, desintermediation platforms (P2P/B2B), crowdsourcing and gamification are certainly shaping an interesting future for the Travel industry.

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