What are financial statements? Financial statements are accounting reports that show the economic and financial situation of an entity for a given period. They are an essential tool for decision-making, both internally (owners,...
In a globalized world, multinationals face increasing tax scrutiny. Base erosion and profit shifting (BEPS) has led the OECD and the G20 to design a 15-action plan that...
The 2021 labor reform marked a radical change in outsourcing in Mexico. The ban on traditional outsourcing—the subcontracting of personnel for activities related to the company's purpose or primary activity—forced companies to modify their...
Expanding a business to another country is a great achievement, but also a challenge from a compliance perspective. Each country has its own laws, regulations, cultural practices, and corruption risks. Implementing a compliance program...
A solid compliance program protects a company from legal, financial, reputational, and operational risks. Its implementation not only prevents sanctions but also builds trust among customers, suppliers, authorities, and shareholders. Below are some key aspects...
