The Central Bank of Honduras tenders consultancy services for the implementation of an accounting framework for the Central Bank of Honduras, based on International Financial Reporting Standards.
Honduras Government Purchase CPublico No.02-2020:
"Some of the activities required for the consultancy:
-To carry out an analysis that identifies the gaps and asymmetries between the current accounting framework used by the BCH and what is established by IFRS.
The company announced that the new service center specializing in finance and accounting, which will be in Heredia, arises as a result of an alliance with the chain Walmart.
Genpact, a multinational professional services company dedicated to digital transformation, reported that from its new service center in Costa Rica, will support Walmart's operations in Latin America.
If you’re an accountant, you are in one of the professions that will always stand the test of time. Accounting is one of the oldest professions dating back to thousands of years, and it is going to be relevant until money exists on the planet. Only, the approach and function of accounting have changed with time.
As accounting firms offer specialized nature of services, it becomes all more important to stay updated to the dynamics of the industry, and market at large. It won’t be long when accounting professionals and CPAs would find themselves amidst the unparalleled, fast-tracked, and dynamic change. A recent study has found that 85% accountants still have a lot of catching up to do with demands of the ever-evolving industry.
The National Forecasting Institute of the Magisterium of Honduras tenders the services of an external Audit Firm to evaluate its Financial Statements for the year 2019.
Honduras Government Purchase SC-001-2019:
"The purpose of this public tender is to contract the services of an external auditing firm, properly accredited in the country and registered in the Register of External Auditors (RAE) of the National Commission of Banks and Insurance (CNBS), to: 1) Conduct an external audit and obtain a professional and independent opinion, according to the financial report corresponding to the period from January 1 to December 31, 2019 of Regime I.V.M. in compliance with the legal regulatory framework of the National Banking and Insurance Commission (CNBS) and International Standards on Auditing (ISAs) and where IFRS apply.
Merck Sharp and Dohme has started operating a new financial services center in Costa Rica, from where it will provide support to the company's operations in the Americas.
From a statement issued by the CINDE:
San José, November 29, 2017. MSD, known as Merck in the United States and Canada, opened its Financial Services Center in Costa Rica today.
O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
The National Assembly has passed a law establishing the obligation to maintain accounting records for legal persons registered in Panama.
From a statement issued by the Ministry of Foreign Affairs:
October 20, 2016.Panama will have legislation, to an international standard, on transparency in tax matters in order to avoid being considered a noncompliant country, which would incur dire consequences for the national economy.
The Cabinet Council has approved sending a bill that creates the obligation to maintain accounting records for legal entities that do not have operations in Panama.
The bill submitted days ago by the Executive establishes penalties ranging from suspension of corporate rights to the dissolution of the company in cases where there is failure to comply with the payment of taxes and presentation of accounting information. The project also obliges companies to keep accounting records for registered companies, even if they do not have operations in the country.
Memorandum on "Fiscal accounting will become history" and payment schedule of obligations for July 2016.
From a Memorandum sent by Tezó and Associates:
Tax accounting will become history
In Guatemala, in a very high percentage, companies carry out accounting activities solely for the purpose of complying with the Law on Income Tax and use as an accounting basis some provisions contained in the tax law, therefore it is very common to hear that a particular transaction was not recognized because it has no accounting effect and there is no rule prohibiting and sanctioning these types of accounting omissions.
A call is being made to professionals in the area of auditing and risk management to attend the first Latin American Seminar on Governance, Risk and Control on April 14 and 15 in Panama.
The Latin American Foundation of Internal Auditors (FLAI) and the Institute of Internal Auditors of Panama (IAI Panama), in partnership with the Institute of Global Internal Auditors (IIA Global) is convening the first Latin American Seminar on Governance, Risk and Control - SELAT GRC 2016 , on April 14 and 15 to be held in the Hotel Riu Panama Plaza, reported Panamaamerica.com.pa.
EGS Guatemala has announced the expansion of operations in customer services, billing and back offices for telecommunications and energy.
From a statement issued by the Ministry of Finance in Guatemala:
Guatemala, March 15, 2016. The Minister of Economy, Ruben Morales, participated in the inauguration of EGS's third site in Guatemala, Primma 2. This company belongs to the call center and BPO sector, one of the two sectors covered by Decree Law 19-2016.
Accounting professionals in Latin America and other regions will meet in Managua on October 1st-3rd.
The Institute of Chartered Accountants and the American Accounting Association have organized the conference "Integral Training in Support for Economic Development" to be held at the Crowne Plaza Convention Center in Managua, Nicaragua, from 1 to 3 October this year.
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