INTERNAL AUDIT

• Development of the Internal Audit Department.
• Assessment and selection of Department members.
• Design of Internal Audit Working Programs.
• Training of internal auditors.
• Partial or complete outsourcing of the Internal Audit function.

PROFESSIONAL EXERCISE IN THE AUDIT AREA

• Complete external audits ("full audits") of financial statements.
• Tax audits according to the provisions of the Subsecretary of State for Taxation of the Ministry of Finance (SET).
• Limited Reviews of financial statements.
• Application of previously agreed audit procedures.
• Compilation of financial statements.
• Accounting certifications.
• "Due diligences," purchase audits, possession audits, and "Business Man Reviews" in acquisition or merger transactions.

NON-FINANCIAL AUDITS

• Verification of compliance with commercial agreements signed by companies, such as franchises, royalties, or cost-sharing.
• Verification of compliance with management indicators.
• Audits of circulation and audience measurement in written, audiovisual, and electronic media.
• Verification of compliance with customer service standards ("Mystery Shopping" and customer surveys).
• Special Tax Audits.

HIGH-LEVEL ACCOUNTING ADVICE

The training, level of knowledge, and accumulated experience of Amaral partners and other professionals have transformed them in specialists in the treatment of complex accounting issues that today constitute aspects of singular importance for all companies in the world, due to increasing regulatory requirements and the imperative need for financial information on the value of equity, economic results, and cash flows, prepared according to international standards. Amaral has Certified Accountants in International Financial Reporting (CertiFR) by the Association of Chartered Certified Accountants (ACCA) of the United Kingdom enabled by the IASB (International Accounting Standard Board) and Certified Inter-American Accountants in IFRS for SMEs (CICNP), titles conferred by the Inter-American Accounting Association (AIC).

INTERNATIONAL FINANCIAL STANDARDS ADVISORY:

• Analysis of "gaps" between local accounting standards and International Financial Reporting Standards (IFRS)
• Preparation and presentation of financial statements applying "full IFRS" or applying "IFRS for SMEs"
• Support for the process of the first application of IFRS
• Conversion of functional currency and presentation currency financial statements following International Accounting Standard No. 21
• Verification of compliance with IFRS in companies required to follow this standard
• Determination of Deferred Tax
• Issuance of technical opinions based on the application of international accounting standards.
• Business training on IFRS.
• Ongoing accounting advice.

OTHER RELATED SERVICES

• Physical inventory and fixed asset counts.
• Special accounting and regulatory compliance reviews on credit risks required by financial institutions in relation to their debtor companies.
• Verification of compliance with internal policies and rules on money laundering prevention and Corporate Social Responsibility (CSR).
• Performance of audits and special works on cash flows in non-profit entities, following the guidelines established by the World Bank, Inter-American Development Bank, and other multilateral credit entities.
• Exercise of the Syndic or Trustee function.
• Technical accounting expertise required by judicial authorities in the country.
• Analysis and validation of assumptions used for the preparation of projected accounting or financial information, such as budgets, sales projections, and feasibility studies.
• Syndic or Trustee services legally required for anonymous societies.