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Page 1: services in the areas of auditing, accounting, taxes and ... · CELEC EP BANCO NACIONAL DE FOMENTO CORPORACIÓN FINANCIERA NACIONAL TAME EP PETROECUADOR EP CONTRALORÍA GENERAL DEL
Page 2: services in the areas of auditing, accounting, taxes and ... · CELEC EP BANCO NACIONAL DE FOMENTO CORPORACIÓN FINANCIERA NACIONAL TAME EP PETROECUADOR EP CONTRALORÍA GENERAL DEL
Page 3: services in the areas of auditing, accounting, taxes and ... · CELEC EP BANCO NACIONAL DE FOMENTO CORPORACIÓN FINANCIERA NACIONAL TAME EP PETROECUADOR EP CONTRALORÍA GENERAL DEL

Since 2001 our firm has been providing the country’s business sector with professional services in the areas of auditing, accounting, taxes and other financial aspects through our offices in Quito and Guayaquil.

The solid experience of our firm is based on professional practice in audit and consulting services; and, in the professional career of our Partners, Managers and the experience of our staff, which is reflected in the trust that our clients have given us, trust that has allowed us to grow according to their needs while maintaining strict international quality standards and a personalized attention.

OFFICES - Quito / Guayaquil

KRESTONECUADOR

Page 4: services in the areas of auditing, accounting, taxes and ... · CELEC EP BANCO NACIONAL DE FOMENTO CORPORACIÓN FINANCIERA NACIONAL TAME EP PETROECUADOR EP CONTRALORÍA GENERAL DEL

LATIN AMERICAArgentina

BoliviaBrazilCayman IslandsChileColombiaCosta RicaDominican RepublicEcuadorEl SalvadorGuadeloupeGuatemalaHondurasMartiniqueMexicoNicaraguaPanamaParaguayPeruPuerto RicoUruguayVenezuela

NORTH AMERICABritish Virgin IslandsCanadaUSA

EUROPAAlbaniaAndorraAustriaBelarusBelgiumBulgariaCroatiaCyprusCzech RepublicDenmarkEstoniaFranceGeorgiaGermanyGreeceHungaryIrelandIsle of ManItalyJerseyLiechtensteinLithuaniaLuxembourgMaltaNetherlands

NorwayPolondPortugalRumaniaRussiaSerbiaSpainSwedenSwitzerlandTurkeyUkraineUnited Kingdom

MIDDLE EASTIsraelJordanKuwaitLebanonOmanPalestineQatarSaudi ArabiaUnited ArabEmirates

AFRICAAlgeria

BeninBurkina FasoBurundiCameroonChadCongoEgyptEthiopiaGabonGhanaIvory CoastKenyaLa RéunionMaliMauritaniaMauritiusMoroccoNigerNigeriaRwandaSenegalSeychellesSouth AfricaSudanTanzaniaTogoTunisiaUganda

ASIA PACIFICArmeniaAustraliaAzerbaijanBangladeshCambodiaChinaHong KongIndiaIndonesiaJapanKazakhstan KoreaKyrgyzstanMalaysiaNuava ZealandPakistanPhilippinesSingaporeSri LankaTaiwanTajikistanThailandUzbekistanVietnamYemen

KRESTON INTERNATIONAL

Kreston International Limited is a global network of independentaudit firms.

Page 5: services in the areas of auditing, accounting, taxes and ... · CELEC EP BANCO NACIONAL DE FOMENTO CORPORACIÓN FINANCIERA NACIONAL TAME EP PETROECUADOR EP CONTRALORÍA GENERAL DEL

¿WHYKRESTON?Having the representation of Kreston in Ecuador allows us to count on solid technical support in the subjects of accounting, audit, tax, among others. In addition, we maintain constant communication with professionals from other Kreston member countries that support our services, which includes reviews and permanent quality control of the services we provide to our customers.

Kreston members combine experience with empathy better than anyone else. We offer the best financial advice and with the deep understanding of our clients, their challenges and professional opportunities, we go beyond the role of traditional accountant to guide them – whatever the future may be.

1971FOUNDED

25,000+PROFESSIONAL AND

SUPPORT STAFF

12thLARGEST NETWORK OF

ACCOUNTANTS IN THE WORLD

125+COUNTRIES

200+FIRMS

IN REVENUES$2.3bn+

Page 6: services in the areas of auditing, accounting, taxes and ... · CELEC EP BANCO NACIONAL DE FOMENTO CORPORACIÓN FINANCIERA NACIONAL TAME EP PETROECUADOR EP CONTRALORÍA GENERAL DEL

OUR SERVICES

Conducting a quality audit is vital to maintain credibility and integrity in the reporting process and financial information. Kreston has highly qualified professionals who comply with professional standards. Our audit process goes beyond the financial evaluation, detecting risk areas and their proper administration, adapting to the needs of each client and the regu-lations and market in which they operate.

Kreston can help your company establish or transform internal audit management from a traditional perspective to a risk-based audit implementation. Our service is based on high professional standards using world-renowned IT tools. We support management in under-standing business risks and identifying opportunities to reduce costs and increase profit.

Internal Audit

This includes a review aimed primarily at certain accounts or items in the basic financial state-ments, areas of responsibility of the entity or defined periods, with the purpose of determining the amount and effect of possible errors or fraud and current procedures or deviations from the control procedures established by the entities.

Special Reviews

Financial Audit

Non-statutory audit for consolidation purposes

Audits under International Standards to financial statements under other GAAP (US GAAP, IFRS, etc.)

Accounting administration

We assume the complementary process of the integral accounting of a small or medium entity for local purposes including the preparation of tax returns and the preparation of reports.

Page 7: services in the areas of auditing, accounting, taxes and ... · CELEC EP BANCO NACIONAL DE FOMENTO CORPORACIÓN FINANCIERA NACIONAL TAME EP PETROECUADOR EP CONTRALORÍA GENERAL DEL

Advice and Consulting on International Financial Reporting Standards – IFRS

Permanent advice and consultancy on the implementation and application of the I nterna-tional Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB) applicable in Ecuador and internationally on the effect implied by the applica-tion of such standards.

Systems Evaluation and Audit

The evolution of Information Technology (IT) significantly affects the business environment; this evolution changes business practices, reduces costs and alters the way systems must be controlled.

At Kreston we have professionals who will help you in all aspects related to the fulfillment of your tax obligations, both in the areas of corporate taxes and international taxation, and also in direct personal taxes and other matters related to the area of Human Talent.

We offer financial consulting in integral management of financial risks.

We incorporate necessary methodologies for the integral financial risk management units, accompanying the necessary personnel so that they can identify, monitor, control, measure and mitigate the different types of risk to which their financial institutions are exposed.

We carry out an exhaustive investigation of the different areas of the business to be acquired or sold. Our main purpose is to assist our clients and reduce the risk of the transaction by providing the buyer or seller with an independent and detailed business evaluation, reviewing the existence of possible hidden liabilities or contingencies.

Due Diligence

Taxes

Risk management

Page 8: services in the areas of auditing, accounting, taxes and ... · CELEC EP BANCO NACIONAL DE FOMENTO CORPORACIÓN FINANCIERA NACIONAL TAME EP PETROECUADOR EP CONTRALORÍA GENERAL DEL

Managing Partner

Partner at Kreston Ecuador, Certified Public Accountant at the University of Guayaquil, he has more

than 30 years of experience. He worked as an Auditor at Deloitte, Moores Rowland and Eveready

Ecuador, worked as Comptroller at Bristol Myers Squibb Ecuador and Unilever Andina Ecuador, and

also served as Administrative Financial Manager in the insurance and prepaid medicine sector.

CARLOS ALMEIDAPartner

PARTNERS FELIPESÁNCHEZ

Managing Partner of Kreston Ecuador, graduated from the Catholic University of Ecuador where he

got his degree of Commercial Engineer. He has received local and international training in the areas

of accounting, audit, finance and tax. He has more than 30 years of experience, including his

position as General Auditor of the Italian Group Ansaldo Gie-Sicom, Comptroller General until

1989, Comptroller General and Financial Director of the AUTOCOM Group of Ecuador, in addition

he collaborated as Audit Manager in the multinational audit firm Touch Ross.

Graduated as a Certified Public Accountant from the Catholic University of Ecuador, he has more

than 30 years of experience providing audit services in commercial, industrial, financial system,

insurance, securities market, non-profit entities and public companies. He is also an instructor in

audit and IFRS. He has received training in the country and abroad.

CÉSARALVAREZPartner

Page 9: services in the areas of auditing, accounting, taxes and ... · CELEC EP BANCO NACIONAL DE FOMENTO CORPORACIÓN FINANCIERA NACIONAL TAME EP PETROECUADOR EP CONTRALORÍA GENERAL DEL

NOVACERO

TESALIA SPRINGS COMPANY

CONDOR

PEPSI

EL ORDEÑO S.A.

TONI

LA FABRIL

PROCARSA

DURALLANTA

PASTEURIZADORA QUITO

FRANCELANA

METROPOLITAN TOURING

GRUPO QUASAR (IGUANA, NAUPASA, GALPACIFICO)

TERMAS DE PAPALLACTA

ETAFASHION

KRUGER LABS

UNIVERSIDAD TECNOLÓGICA EQUINOCCIAL

PONTIFICIA UNIVERSIDAD CATÓLICA DEL ECUADOR

CRUZ ROJA ECUATORIANA

CHAMPION TECHNOLOGIES

ECOLAB

GRUPO BUSTAMANTE

GRUPO ARIES

SCHLUMBERGER

HOERBIGER

CONSTRUCTORA VILLACRECES ANDRADE

RRDC ARQUITECTOS Y CONSTRUCTORES

REPSOL YPF

CHAMPION TECHNOLOGIES

EMPRESA ELÉCTRICA QUITO

ELECAUSTRO

GENTE OIL

MUTUALISTA PICHINCHA

COOPROGRESO

LATINA SEGUROS

COOPERATIVA ALIANZA DEL VALLE

CENTRO SEGUROS

FIDEVAL

BANCO DEL AUSTRO

BANCO AMAZONAS

Energy, Oil andConstruction Financial Services

ManufacturingProfessional Services Companies

Non-profit Organizations

YACHAY

CELEC EP

BANCO NACIONAL DE FOMENTO

CORPORACIÓN FINANCIERA NACIONAL

TAME EP

PETROECUADOR EP

CONTRALORÍA GENERAL DEL ESTADO

INNFA

THE NATURE CONSERVANCY

WWF FUNDACIÓN CARLOS SLIM

CHARLES DARWIN

FUNDACIÓN HEIFER

USAID

ASOCIACIÓN DE GANADEROS DE LA SIERRA Y EL ORIENTE

Public Sector

OUR CLIENTS

Page 10: services in the areas of auditing, accounting, taxes and ... · CELEC EP BANCO NACIONAL DE FOMENTO CORPORACIÓN FINANCIERA NACIONAL TAME EP PETROECUADOR EP CONTRALORÍA GENERAL DEL

Working together,Succeeding together

Page 11: services in the areas of auditing, accounting, taxes and ... · CELEC EP BANCO NACIONAL DE FOMENTO CORPORACIÓN FINANCIERA NACIONAL TAME EP PETROECUADOR EP CONTRALORÍA GENERAL DEL

Av. Amazonas 31 - 23 y Azuay, Edificio Copladi, Third floor, box 17 - 17 - 386, Quito - EcuadorPhone: + 593 2 2279358* + 593 2 2255928 + 593 2 22469292 + 593 2 2469293 + 0984677980

QUITO

www.krestonecuador.comwww.kreston.com

Kennedy Norte, Av. Miguel H. Alcívar y Nahím Isaías, Building Torres del Norte, B Tower, fourth floor, Of. 407, Guayaquil - EcuadorPhone: + 593 4 2687397* + 593 4 2688317

GUAYAQUIL

CONTACT US

Page 12: services in the areas of auditing, accounting, taxes and ... · CELEC EP BANCO NACIONAL DE FOMENTO CORPORACIÓN FINANCIERA NACIONAL TAME EP PETROECUADOR EP CONTRALORÍA GENERAL DEL