The services of the audit area go beyond the traditional audit in which invoices and check policies were verified, now the methodology developed by our firm is focused on business processes, which will ensure that the entity continues as a going concern, as the stages of our methodology are described in general below:

• Understanding the client's business.
• Risk analysis (control, inherent and detection risks).
• Internal control study.
• Determination of processes to be performed in each financial area.
• Conclusion of the work; and
• Presentation of results - opinion or report

The types of reports we handle are:

• Financial.

Mainly used to present to partners and/or shareholders the reality of the financial numbers, and that also serve to carry out credit procedures with suppliers, banks, etc.

• Fiscal.

According to the Fiscal Code of the Federation (CFF) there are certain companies that are obliged to present the "Tax Report" issued by a public accountant registered with the Ministry of Finance and Public Credit, mainly, among other requirements, the companies that had accumulative income in the previous year of approximately over 32 million pesos (this figure can be revised and updated every month by the authority).

• Social Security.

Companies with an average of more than 300 workers on their payroll and contributing to the Mexican Social Security Institute in a month of the fiscal year, among other requirements, are obliged to file such report with the IMSS. In this case, it is important to mention that it is also possible to file the report on a voluntary basis, which would help to stop any direct review by the IMSS. Likewise, in the construction industry, the report helps to pay fees according to wages accrued and paid instead of the famous "metraje" (footage).

• Disposal of shares.

The authority taxes the purchase and sale of shares at a rate of 20%, however, with the opinion of disposal of shares, this cost can be reduced to zero, depending on the acquisition and sale value of the shares in question.

• Purchase of companies (Due Diligence)

Nowadays it is common to acquire companies whose fiscal assets are sometimes attractive to be taken advantage of, it is required to verify that these are real and that the acquisition does not represent a risk for the acquirer.

• Internal control.

As mentioned above, the internal accounting control must be well designed and must be followed; however, this requires analyzing whether the controls are correct, adequate, sufficient or unnecessary, which leads us to lose competitive efficiency, which is why we can analyze them from an external point of view.

• Reporting to related companies abroad.

Globalization requires that companies with headquarters abroad, prepare monthly, bimonthly, quarterly, half-yearly or annual financial information and operations in Mexico, as well as determine the process of payment of taxes that are generated, so we are indisputable collaborators in the adaptation of formats and preparation of information abroad.

• Previously agreed procedures, among others.

Finally, and as part of an added value, if any client requires to know if any particular area is working properly, or if he suspects any mismanagement by the staff, we can perform a review of the specific area requested, with certain procedures previously agreed.