Blog
18 January 2019
The application of big data & data analytics in auditing
At present, accounts auditing work is involved in a paradoxical challenge, as it is caused by something which offers it great solutions: new technologies.
2 January 2019
Chile, investment opportunities in the area of tourism
Chile, a country located south of the world (17.8 million of people), has an approximate length of 4,300 km. on its mainland and of 8,000 km. if the Chilean Antarctic territory is included, the Pacific Ocean bathes its coasts in that extension.
19 December 2018
Why Global Mobility is more import then ever
Business moves fast and global, with HR as its backbone. Doing international business without flexible, proactive and strategic HR-Management is like driving with brakes applied: instead of having a greater share of wealth and growth you will drop behind.
12 December 2018
Retaining multi-generation talent
Over the last centuries mankind has been able to do a lot. We were able walk, build shelters, create tolls, invent machines, transform and modify our environment for the sake of our well-being. Nowadays, the human being can do almost everything through technology, and AI will replace him in most of his functions. Most, but not all.
15 November 2018
The meaning of Voluntary Disclosure procedures
Bilateral information exchange between tax authorities and banks regarding black capital exposure and overseas revenue declaration have recently been accelerating and will continue to expand in the future. Governments are motivated to take this course not only to enlarge their budgets on a one-time basis but also to generate income for the future.
5 November 2018
EBITDA. A reference rate with advantages and inconveniences
The reference rate currently most commonly used in financial-economic analyses is the EBITDA (Earnings Before Interests, Tax, Depreciation and Amortization), which is understood as being the resources generated by a company in its operations during a financial year, which measures the pre-tax profitability, without taking into account any costs not paid, such as amortizations, depreciations and provisions.
15 October 2018
Pre-exit: an emerging acquisition strategy
For most businesses, selling the company is a major event. During the sales procedure several steps need to be followed, such as the seller’s preparation phase, the market stage and the transition phase.
9 October 2018
Tax Reform - Main changes referred to Transfer Pricing
In this article, we will develop the main modifications introduced by Law No° 27.430 applicable to Income Tax Law (LIG), respect of international transactions between related entities and companies located in non-cooperating jurisdictions or with low or no taxation.
20 September 2018
The procedure for selling a company and the role of the financial advisor
The process for selling a company (merger and acquisition) (M&A) is a standard procedure, with various players: seller (sell side), buyer (buy side), the company object of the transaction (target), financial advisors of each party, auditors, lawyers and notaries, involved in the different stages.
28 August 2018
Revised Environmental Management System: Dead line, 15 September 2018
ISO 14001 was changed in 2015 and the dead line for environmentally certified companies to adapt their environmental management systems to comply with the new version is getting very close: September 15, 2018.
3 August 2018
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
12 July 2018
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
3 July 2018
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”.
15 June 2018
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.
30 May 2018
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.