As we already know, Action #13 from BEPS (Base Erosion and Profit Shifting) requires that many Multinational Groups (MG) to filing the Country by Country reporting (CbC) for fiscal years beginning on or after January 1st, 2016.

Technology has a very wide ranging impact on our everyday activities as well as our work environment. For this reason, an increasing number of professional accountancy organizations (PAOs) and the Small and Medium Practices (SMP) Committee, are determined to help professional accountants adapt to the challenges technological change brings to continue serving their clients and the public interest.

Central Bank of Uruguay issued the Circular Nº 2238, giving a new wording to article 302 of the Compilation of Standards for the Regulation and Control of the Financial System, Book III; in relation to the policies for the protection of the financial system against illicit activities.

One of the vital export lines of our country is flowers.

The simultaneous submission of the reports is very important, since the measurement of natural, corporate and financial capital is an integral part of the management of companies, and the valuation thereof. 

Within the scope of a company, as in life itself, growth is an important part of the actual raison d’être of our existence. We are born to grow and develop, to consolidate our presence on the market where we co-exist. There are no perfect markets perfectos where both supply and demand live in harmony, and the operators forming part of the same market are peacefully self-regulated. Size is of increasing importance.

As communications and globalization keep their sharp head development towards market integration, so Corporate Finance does. Nowadays we are witnessing new phases of capitalism in which flexibility, exploration, and experimentation are the daily bread of organizations.