Audit
Financial audit
Financial audit

These services will make compliance with the regulations in force in Colombia possible, as well as aid in the identifying of potential risks associated with your operation.

This will provide you with clarity and support to make strategic decisions with more certainty and peace of mind. Likewise, it will be a highly useful tool for different levels of your team and different purposes, such as investments, credits, and compliance with legal and tax obligations, among others.

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Internal Financial Information Controls (SOX)
Internal Financial Information Controls (SOX)

We help mitigate risk from error or fraud in financial information and to comply with requirements from headquarters regarding the design and implementation of controls further to the Sarbanes-Oxley Act (SOX), which may include any of the following aspects:

Readiness: elaboration of specific work programs for each of the primary business cycles, development of policies and procedures.

Training: accounting, finance and administration teams, and annual training of the internal audit department.

Application of COSO methodology.

Risk assessments.

Design of a control system to mitigate risks.

Risk matrices.

Internal audit
Internal audit

Our internal audit service gives you the certainty of having your company protected through the COSO 2013 methodology, evaluations that improve the control of your company, and well-designed accounting policies, procedures, and process manuals.

Because of this, we can carry out the strategic management of the internal audit department:

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Complex accounting
Complex accounting

Our service consists of accurately helping you to recognize the financial impact that could arise from unusual transactions or transactions outside an entity’s normal course of operation.

In other words, we help our clients to document any type of situation or transaction that could have an impact on its financial information based on the applicable legal accounting framework.

Environmental, Social and Corporate Governance (ESG)
Environmental, Social and Corporate Governance (ESG)

Several countries and supranational entities such as the United States, Australia, Canada, United Kingdom, Japan and the European Union have put in place laws and regulations regarding ESG practices. In Mexico there exists no legal obligation on this front.

On June 26, 2023, the International Sustainability Standards Board (ISSB) issued its first two IFRS Sustainability Disclosure Standards (NIIF-S1 and NIIF-S2). This marks the beginning of a whole new era of disclosure requirements regarding sustainability in global capital markets.

The Mexican Council on Financial Information Standards (CINIF, its acronym in Spanish) has already established a strategy for the phasing-in of disclosure requirements established in NIIF S1 and NIIF S2, which will be obligatory for NON-public entities in Mexico.

In this respect, our service consists of working together with our allies at Praxity to guide clients in the gathering of the necessary data on ESG measures and policies. Likewise, we can advice on how to prepare the final report for stakeholders as well as provide guidance on the process to manage ESG data in the future, including in those areas in which it is planning to expand. Be it that you are considering implementing ESG controls or that you already have a structure in place, we can support to you in developing a strategic program that is configured to deliver sustained value every year.