Blog
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.
14 May 2018
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.
30 April 2018
Accounting professional judgement
The professional public accountant has the purpose to satisfy society’s needs through the financial information for decision-making.
16 April 2018
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.
29 March 2018
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.
15 March 2018
Goaloriented Managment
Lucius Annaeus Seneca said: "If one does not know to which port one is sailing, no wind is favorable.”
1 March 2018
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).
15 February 2018
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.
31 January 2018
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.
17 January 2018
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.
27 December 2017
Organisational transformation with new technological tools
The digital revolution is creating big changes and transformations in businesses, markets and society.
Uber is expanding without limits, with its mobil-platform-based business model. Amazon is launching the first no-cashier chain of supermarkets, highly reducing shopping time and, thus, making customer experience extremely satisfying. We could also mention Airbnb, Despegar, Expedia, etc. All digital proposals within people’s reach.
20 December 2017
New takeover regulation and additional documentation requirements for non-EU investors
Germany is not only famous for its beer festivals and cuckoo clocks, but also for its very strong medium-sized companies, which are the backbone and growth drivers of the German economy.
4 December 2017
The Millennials
People born between 1984 and 1995 are known as The Generation Y, or “The Millennials”, being actually part of the active labour force. This generation values virtual places and objects as internet, smartphones or PlayStation, being part of their everyday life. Millennials (also known as the new Baby Boomers) are the children of the upbeat Baby Boomers and they grew up participating in family decisions, and they translate this autonomy under to their environment, whether it's work, educational or personal.
15 November 2017
Importance of Internal Control in Audits of Small and Medium Entities
Internal control is closely linked to the organization and administration of business entities, whatever their size or condition. In this sense, the organization consists of logically and coherently diagramming the transactional flows of the entity, based on the general layout, objectives and control parameters that will shape the structure of the company and on which the other component parts will depend (materials and humans).