We perform our audit work on financial statements in compliance with International Auditing Standards. We adapt our audit approach to the applications of other standards such as US GAAS and EU audit regulations.

We carry out reviews of interim financial information, applying the Mexican standards of the Mexican Institute of Public Accountants (IMCP) (Bulletins 9010 and 9020) or the international regulations of the or IAASB standards (ISRE 2400 and 2410).

Our experience allows us to perform audits or reviews of groups with foreign entities, as well as components in Mexico from foreign holding groups.

The financial information that is audited or reviewed may be prepared under Mexican Financial Reporting Standards (NIF) or other accounting frameworks such as IFRS, US GAAP or accounting principles in Germany, among others, according to the reporting needs of our clients.

We issue the ruling for tax purposes or assist in the elaboration and/or review of the Information on the Tax Situation (ISSIF) of the taxpayers.

Report on compliance of Social Security and Housing Fund contributions (IMSS and INFONAVIT). Our social security specialists offer a recurring review approach that allows us to timely respond to our clients for them to comply with their labor obligations.

Report on compliance of Mexican Anti-Money Laundry regulations for entities of the financial sector. We have professionals certified by the National Banking and Securities Commission who assist our clients to comply with this organization and train their compliance officers

Report on compliance with local contributions. Our audit partners sustain registration from a number of States in Mexico to assist you in the compliance with these regulations.

Other Monitoring Procedures. Under these professional standards, we can provide a reasonable level of assurance either on specific financial information or compliance with contractual, regulatory or other pronouncements (provisions of the National Banking and Securities Commission CNBV, of the Mexican Ministry of Public Administration SFP, contracts of specific operations, internal control, etc.). We apply IMCP’s standards (Bulletins Series 7000) or IAASB’s standards (ISAE Series 3000).

Agreed-upon procedures engagements. Sometimes an audit of financial statements does not give you the expected results when your interest is focused only on specific portions of your business processes such as collection, inventory management and control, treasury activities, suppliers and accounts payable, physical count of capital assets, etc. Together, we agree the verification or inspection procedures on these or any of these areas and inform you about the results and findings.

The compilation of financial information can be the solution when what you need is simply the preparation of financial statements and disclosure notes that comply with an established accounting framework, without the need to perform an audit of financial statements. We take the information from your accounting records and assist you in its preparation, considering any possible departure in the accounting framework to its proper correction.

• Adoption of pronouncements or new accounting standards and determination of their effects on financial information.
• Reconciliation of financial information between different accounting frameworks for reporting purposes in other country or by regulatory provisions (Mexican Financial Reporting Standards (NIF) vs IFRS vs US GAAP).
• Currency conversion for the presentation of financial statements in the currency of the economic environment in which the entity operates (functional currency), or for reporting purposes of other country (reporting currency).
• Consultation for the application of specific regulations in complex or unusual transactions.
• Assistance in the implementation and/or documentation of internal control policies and procedures or other similar nature.
• Training in the adoption of new accounting standards or audit, accounting, and internal control common issues.