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Audit
In our firm we respond to the demands of our customers. We have modern methodologies and audit techniques operating in the best interests of your organization.
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Statutory Audit
Audit services of the firm have been designed to support you to meet the challenges involved in managing risks, resources and information.
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External Audit
The external audit service aims to express an independent opinion regarding the fairness of the financia!statements of the companies or certain business areas in which we use previously agreed procedures.
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Managerial and Result External Audit
Our work consists of the execution of the defined procedures to review the accounting information and issue reports and documents.
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Taxes
We work with our clients during all their processes to achieve an excellent statutory clase year, in order to optimize the taxes payment and ease the tax burden.
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Transfer Pricing
The laws surrounding transfer pricing are becoming ever more complex, as tax affairs of multinational companies are facing scrutiny from media, regulators and the public.
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Legal Services
Our legal advice involves professional lawyers, specialized in different fields.
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Diagnosis and implementation of Full and SME IFRS
Servicio de Diagnóstico e implementación de NIIF plenas y NIIF para las PYMES.
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Training and updating in IFRS
Services of Training and updating in IFRS
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Calculation of accounting estimates under IFRS
Services of Calculation of accounting estimates under IFRS
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Valuation of financial instruments
Services of Valuation of financial instruments
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Advice on specialized topics
Services of Advice on specialized topics
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IFRS advice for public sector entities
Services of IFRS advice for public sector entities
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Preparation of financial statements and disclosures
Services of Preparation of financial statements and disclosures
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Sarbanes-Oxley Service Audit (SOX)
Only those who have clearly structured numbers and a good view of their business, can identify weaknesses and opportunities early enough to react on time to events in their environment.
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Audit of Organization
In order to help the service organization and its users to establish a reliable and standard process for the service organization's reports, we offer the following services:
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IT Audit
IT Audit Services help the Organization manage risks and controls related to IT implementation and use to achieve business financial, operational, and regulatory objectives.
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Computer Security
Cybersecurity frames a set of tools, policies, security safeguards, guidelines, risk management methods, actions, training and in summary a series of practices that can be used to protect the organization's assets and users in cyber-environment.
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Performance Tests
Our service focuses on determining the speed at which a task is performed under particular working conditions on a specific information or application system.
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Audit Security Social
As part of Social Security policies and strategies in Colombia, pensions and health are fundamental workers' rights, for which specialized support is required to guarantee access to these rights, in a transparent, equitable and the law.
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BCP Services
We are certified by DRI International as Business Continuity Plans Consultant, CBCP and with training and certification as internal auditor in SGS, ISO 2005: 27001..
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SAP Auditing and Computer Security
We have certified experts in security and auditing SAP in R / 3, CRM, BW. Our approach allows us to perform in SAP
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Corporate Risk Management
This regulatory environment seeks to mitigate the risks and uncertainties of the banking industry, also responding to economic pressures and investor expectations.
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Operational Improvement
Process management, within which operational improvement is framed, can be defined as a way of focusing the work, where the continuous improvement of the activities of an organization is sought through the identification, selection, description, documentation and continuous improvement of the processes. Any activity or sequence of activities that are carried out in the different business units, constitutes a process and as such, must be managed.
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Change Management
Change management is the process, through tools and techniques, to manage the transition to a new reality, trying to make the people involved able and willing to work in the new defined context and achieve the expected results.
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Business Intelligence and Analysis
Business intelligence acts as a strategic factor for an organization, generating a potential competitive advantage, which is none other than providing privileged information to respond to business problems.
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Due diligence
Due Diligence is a term, usually used in the field of business acquisitions, to refer to the process of finding information about an organization.
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Valuations
The valuation of a company is not an exact science and can vary depending on the type of business and the reason.
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Financial accounting
Only those who have clearly structured numbers and a good view of their business, can identify weaknesses and opportunities early enough to react on time to events in their environment.
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Tax and legal compliance
The tax authorities constantly keep entrepreneurs and freelancers on alert, with tax issues taking part as a crucial role in almost all business decisions.
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Payroll
Payroll is one of the most challenging responsibilities that a company faces every year. Our service fulfill the client internal policies, understands the corporate strategic planning and focus on the record of the received newness.
The opportunity in developed economies
Over the last few years, ask an economist where to look for growth and the answer would usually be the emerging markets. Now, though, with renewed optimism in Japan the UK, and US , should we be looking to the developed economies for new opportunities?
We’ve seen a big shift over the last 12 months. Following the financial crisis, governments in many of the major economies implemented severe austerity programmes, which constrained public and consumer spending, and dampened business growth. At the same time, the developing economies were racing ahead –Brazil grew by 7.5% in 2010, similar to China and India.
What we’re seeing now is a slight cooling in many emerging markets. The huge stimulus measures undertaken in the US have certainly increased currency volatility, and business leaders need to weigh the risks of operating in these economies with the benefits. There are exceptions, of course – Chile, which ranks third in the Grant Thornton Global Dynamism Index has done a lot to improve the local business operating environment over recent years.
At the same time, there’s a renewed attraction to doing business in Japan, the UK and US. The advantage of sound operating environments and strong institutions is being felt again now that the economies are growing again.
Japan is a good example. 'Abenomics' unleashed monetary easing and huge fiscal stimulus on the economy in the search for growth, and now the government is trying to pass a range of structural reforms. Our business optimism index shows confidence is in positive territory for the last four quarters – something we didn't see throughout the whole of the last decade.
UK business confidence is also up at record levels – higher than before the financial crisis. Inflation and unemployment are coming down too, although strong trade links with the eurozone, where the north-south divide on monetary expansion is as pronounced as ever, remains a risk to this positive outlook. The business community in the US is also more upbeat with the economy primed to bounce back strongly following a harsh winter.
Of course, when you start from such a low - as the Great Recession undoubtedly was - the contrast seems more pronounced. The developed economies have come out of a sticky period and the fight-back seems all the more powerful.
The emerging markets continue to offer huge opportunities, however. If you focused on only five per cent of China’s population, you’d have a market the size of the whole of the UK. India and China are simply too big to be ignored. The burgeoning middle classes in these markets present significant growth opportunities for services such as tourism and healthcare.
The Chinese economy remains robust and should be strong enough to withstand any fallout from growing levels of local government debt. It will be interesting to see what happens in Brazil, which has real problems in terms of burdensome regulation and the cost of doing business. We wait to see whether the October elections will usher in a more business-friendly government, as has happened in India. Mexico’s reforms have set the scene for stronger growth long-term, but the opposite is true in Russia, which has not been able to reduce its dependency on commodities.
Global growth has certainly rebalanced and businesses now have more options about whether to take on the challenge of expanding into emerging markets which require different modus operandi and marketing strategies and where risk is elevated due to less advanced business operating and financing environments. It’s never prudent to look too far ahead in economics, but certainly the developed economy businesses we speak to are incredibly buoyant about the future. They’re increasingly making investments in their people, plant and machinery and R&D which bodes well for long-term sustainable growth.
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This article first appeared in HSBC Corporate World (Autumn 2014)