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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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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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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.
Clare Hartnell on how rising house prices can support economic growth
Business optimism in markets such as China, the UK and the US has risen markedly over recent months according to the Grant Thornton International Business Report (IBR). And the most interesting aspect for me is the contribution of the real estate and construction sector to the brightening economic outlook.
In China, house prices rose in 69 of 70 major cities in September, including record rises in Beijing, Shanghai, Shenzhen and Guangzhou, and there is even hope that the third plenum of the Communist Party’s Central Committee will deliver land reform, allowing migrants in cities to buy property and those in rural areas to mortgage their homes.
Here in the UK we have seen a raft of positive economic data in recent weeks: construction output was up 1.7% in Q3 from Q2, a 4.1% increase year-on-year; mortgage approvals have reached a five and a half year high; and forecasters are predicting that the house price recovery will accelerate as schemes such as Help to Buy ramp up.
In the US, housing starts are up 19% year-on-year; a recent survey suggested that house prices climbed in nine out of ten cities in the 12 months to October, rising by 14% on average; and delinquency rates on packaged commercial mortgages have fallen.
Real estate and construction business leaders in all three economies are understandably bullish about future growth. According to the Q3 IBR results, more than half of sector executives in North America expect revenues (54%) and profits (56%) to rise over the next 12 months. The results are similarly positive in the UK (51% revenues and 45% profits) and in China (incl. Hong Kong; 50% and 42% respectively).
However, things are tougher for the sector in the eurozone, and particularly in southern Europe. Two in five eurozone business leaders in the sector are worried about a lack of demand, rising to 71% in southern Europe; well above the North America result (17%). Consequently just 25% of eurozone businesses expect to see profits climb over the next 12 months, falling to 22% in southern Europe[2].
And, whilst property prices in the China, the UK and the US are rising, Spain has seen a 35% drop-off since 2007. House prices in Spain were 12% lower in the first half of 2013 compared with the first half of 2012 and, with 1 million unsold properties in Spain and the banks still owning vast swathes of undeveloped land, they could yet fall as far as 50% below peak.
Rising house prices support wider economic growth by boosting the ‘wealth effect’, whereby homeowner confidence, borrowing and spending rises because homes are perceived to be worth more. Unfortunately for Spain, the sector is still some way off providing the boost to growth seen elsewhere around the world.