Auditing of Financial Statements

Limited Reviews of Financial
Statements

Accounting Certifications

At AMC, we audit Financial Statements for auditor’s reports. We run all processes related to revision of internal control rules, supporting documentation of the transactions carried out by our clients, and the procedures applicable to the industry they do their business in.

Smaller companies usually prefer limited reviews procedures instead of large auditing processes. Limited reviews imply cost reductions in terms of professional fees and involvement of minor resources. Their objective is similar and, at the same time, they are more in line with our clients’ budgetary requirements.

Our accounting team reviews accounting documents and economic operations to issue different kinds of certifications, such as:

Income certification
Asset certification
Local and/or foreign liabilities certification
Economic and financial transactions certification, among others.

Reviews | Creation of Administrative Procedures

Risk Analysis | Internal Control

Implementation IFRS

Many times, new companies, departments, business restructuring or simply the merger of 2 (two) or more commercial areas require the review or creation of administrative procedures manuals aimed at setting corporate policies to be complied with by the different members of a given sector. Our Accounting and Auditing Department performs such procedures jointly with the management chosen by our clients. .

Some companies or departments go through merger, de-merger, restructuring processes or simply decide to run a revision of their current internal control processes or analyze the risks arising from their activity with a view to improving processes, avoiding contingencies, both external and internal created by their own employees. At AMC, we accompany our clients in the performance of such controls for the issuance of conclusion memorandums thereon.

A large number of multinational companies want to maintain a single accounting record in their headquarters’ currency. The Argentine accounting rules allow registration of operations and exposure under international IFRS rules. At AMC, our accounting and auditing team implements local accounting rules to IFRS for a single accounting record in line with the objectives of the multinational group.

Preparation of Balance Sheet

Both as part of the daily accounting registration process or as a specific request for a particular project, our accounting and auditing team members prepare Financial Statements to file with governmental agencies or banks, or as a regular report to local or foreign managers or shareholders.

Our accounting and auditing team provides consulting in the registration of operations related to specific complex subjects, such as registration of leasing transactions, financial, industrial and cost-related activities. Likewise, at AMC, we offer corporate advice, and register companies and the meetings’ minutes and accounting books.