Issues and events which affect accounting for closings as of December 2017 and 2018 as well as audits corresponding to both years:

  • Disaster Accounting: Accounting rules and procedures applicable to expenses,
     losses, reimbursements, payments from insurance companies, payments and
     gifts to employees and other transactions resulting from events considered
     disasters or Acts of Nature.
       Maite Martínez Saenz, CPA, Assurance Senior Manager, PwC

  • Other issues related to disasters
       Rosa Rodríguez Ramos, CPA, Executive Director, Tax Department,
          Ernst & Young Puerto Rico LLC
       Alex Rodríguez López, CPA, Partner, Ernst & Young Puerto Rico LLC

  • Intangibles - Goodwill & Others: Rules related with intangible assets.
       Ángel E. Pérez Maldonado, CPA, Partner, KPMG LLP

  • Revenue Recognition: Main dispositions.
       Alex Rodríguez López, CPA, Partner, Ernst & Young Puerto Rico LLC

  • Technical Update: Recent pronouncements and new guidance. Pronouncements
     which are effective 2018. Issues being discussed.
       Hugo J. Burgos Sánchez, CPA, CFE, CVA, CIA; Partner, RSM Puerto Rico