Our primary goal is to cater for medium and small business accounting and business management needs in Panamá and the Caribbean Basin. Our experienced advisors give a unique perspective for those who are operating in the following areas.
Industry Expertise
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Real estate Investment & Development
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Building & Construction
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Property Management
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Small Hotels, Restaurants and B&Bs
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Travel Agents and Tour Operators
Primary Services
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Management Controls & Reporting Systems
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Design & Monitoring of Internal Controls Systems
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Compliance Reporting & Tax Filing Services
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Business Valuations for Mergers & Acquisitions
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Financial Feasibility Analyses
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Project Forecasts and Budgets
Other Services
If you're like many business managers, you may think that accounting is an expensive process incurred only to file compliance reports with the various tax authorities. For many companies, unfortunately, that's true. But it should not be the case.
Properly collected, categorized and retrievable financial information is a valuable resource which can be used for making the right decisions to assure your company's growth and prosperity. Those financial records also serve as the basis for the details needed to determine the fair market value of your business in the event of a sale or transfer.
Dr. Rowley has written articles and taught his graduate accounting students his belief that the market place determines the value of goods and services. Given that, we should do accounting to determine if we can provide those goods and services with a favorable contribution to our profitability.
In order for management to make effective decisions, those analyses must be based on timely and accurate financial data. His experience has convinced him that the systems in organizations that are necessary to get information to management must also recognize individual preferences for the form and presentation of the facts.
One long-held myth about financial reporting systems is that they have to conform to the requirements for filing compliance reports. In today's computer-based financial reporting systems that is simply an unrealistic position. Our firm designs financial reporting systems focused on management, not the regulatory agencies. We design the system to do both, but the primary beneficiary is the management and owners of the closely held business.