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INAA Network - Shepard Schwartz & Harris LLP

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Chairman’s welcome<br />

As you may know, this is my final address as chairman as I am<br />

standing down at the AGM in Nice.<br />

So how would I summarise the support that <strong>INAA</strong> has provided<br />

to my firm, OCAM, during my term of office?<br />

Well, there are of course referrals from other <strong>INAA</strong><br />

members – new clients are the life blood of a business.<br />

But <strong>INAA</strong> is not just about winning new clients. Equally<br />

important is supporting our existing clients, and <strong>INAA</strong><br />

is a crucial part of that support chain.<br />

Significant business growth rarely happens without an<br />

international connection. So if my client is looking<br />

beyond Brazil where do they go for local knowledge,<br />

or a partner who can provide the same level of service<br />

as we do at OCAM? I know the answer to that<br />

question is only a phone call away to another known<br />

and trusted <strong>INAA</strong> member.<br />

This edition of <strong>Network</strong>focus provides a snapshot of<br />

the networking, both technical and social, which goes<br />

www.inaa.org<br />

on within <strong>INAA</strong>. This includes the regional forums, the<br />

next of which I am looking forward to attending in<br />

Buenos Aires in November. These forums are a great<br />

opportunity to spread the net wider than the principals<br />

in our member firms, as they provide a forum for staff<br />

and managers to build relationships that help us<br />

provide that crucial client support.<br />

As I stand down, I would like to thank all of you who<br />

have supported me during my chairmanship, both<br />

here in Brazil and in the wider <strong>INAA</strong> community.<br />

I look forward to seeing <strong>INAA</strong> continue to thrive.<br />

Gui Tostes <strong>INAA</strong> Chairman<br />

Autumn 2010<br />

<strong>Network</strong>focus


Aachen mid-term success<br />

63 delegates and 16 guests from 16 countries, including USA, India,<br />

Australia, Canada and Europe, attended the <strong>INAA</strong> mid-term meeting in<br />

Aachen in May.<br />

<strong>INAA</strong> Members meeting in Aachen<br />

The meeting was hosted by Dirc Fröschen of<br />

Dr Neumann Schmeer and Partners in Aachen,<br />

and Hans Wolting of Wolting & Versteegh in<br />

Heerlen. The varied presentations included<br />

speakers from the University of Maastricht, the<br />

European Financial Reporting Advisory Group<br />

(EFRAG), Siemens AG, ABN Amro Bank and<br />

International Tax and Audit<br />

Forums highlight the importance<br />

of good client communication<br />

This is one of the themes expressed by<br />

Alexander Leitgeb of ITS-International Tax<br />

Service, Austria, chairman of the <strong>INAA</strong><br />

International Audit Forum (IAF). The IAF, along<br />

with the <strong>INAA</strong> International Tax Forum (chaired<br />

by Joop Dagevos of Zirkzee & Den Os in the<br />

Netherlands) meets twice a year with the aim<br />

of identifying where client benefits are to be<br />

found in an ever-changing technical<br />

environment. As an example, Alexander<br />

quotes the fact that all of the international<br />

auditing standards (ISAs) have recently been<br />

rewritten and have to be adopted for<br />

December 2010 year ends. But how does this<br />

2010 Autumn<br />

www.inaa.org<br />

Wolters, Kluwer Deutschland.<br />

<strong>Network</strong>ing continued well into the evenings.<br />

The final evening was rounded off by a<br />

reception hosted by the Mayor of Aachen in<br />

the White Hall of Aachen Town Hall built on the<br />

remains of Charlemagne’s palace.<br />

Good client delivery rests on a solid technical foundation, but client<br />

communication is equally important.<br />

impact on clients as the auditing community<br />

get the necessary training and documentation<br />

programmes underway?<br />

Thankfully, says Alexander, a lot of what is<br />

being introduced under the label of the Clarity<br />

ISA project is about making the ISAs clearer<br />

and easier to understand. He also points out<br />

that clients will have to be made aware of two<br />

of the ISAs which could impact on them very<br />

quickly: ISA 550 Related Parties could require<br />

the auditor to ask much more in depth<br />

questions about related party issues, and ISA<br />

600 on groups means that a parent company<br />

<strong>INAA</strong> South<br />

American tax<br />

forum<br />

The South American Tax Forum, will meet on<br />

18 November in Buenos Aires, Argentina. For<br />

more details contact Sergio Pez,<br />

pezs@breasolans.com.ar<br />

<strong>INAA</strong> North<br />

American<br />

forum<br />

Partners from all the <strong>INAA</strong> North American<br />

firms met in New York City in June. This was<br />

the fourth meeting of the group which has a<br />

dual purpose: to facilitate open discussions on<br />

best practices for both internal firm<br />

management and delivery of services to<br />

clients, and to continue to foster the personal<br />

relationships among <strong>INAA</strong> members which are<br />

so critical to <strong>INAA</strong> member firm success. Each<br />

meeting is hosted by a different member firm,<br />

bringing further networking opportunities. The<br />

next meeting is planned for January 2011 in<br />

either Seattle or Atlanta.<br />

For more information on the North American<br />

forum contact Elliott Glass,<br />

eglass@radinglass.com<br />

Alexander<br />

Leitgeb<br />

ITS-International<br />

Tax Service,<br />

Austria, Chair<br />

of the <strong>INAA</strong><br />

International<br />

Audit Forum<br />

auditor can no longer rely on reports from its<br />

subsidiaries’ auditors.<br />

Both the International Audit Forum and the<br />

International Tax Forum met in Vienna on 24<br />

September where the revised ISA600 was one<br />

of the topics discussed. More details of both<br />

meetings can be found on the <strong>INAA</strong> website.<br />

For more information on the International Audit<br />

Forums contact Alexander Leitgeb,<br />

Alexander.Leitgeb@tax-service.at and contact<br />

Joop Dagevos, jdagevos@zirkzeedenos.com<br />

for information on the International Tax Forums.


<strong>INAA</strong> members develop<br />

networking between<br />

Austria and Italy<br />

In July, Walter Groier (Confida, Austria) and Luca Aniasi (Resolve<br />

Group, Italy) organised a meeting to promote networking<br />

opportunities between the Confida and Resolve <strong>INAA</strong> networks.<br />

<strong>INAA</strong> Members in Vicenza, Northern Italy<br />

Twenty representatives met in Vicenza in<br />

Northern Italy to explore the business<br />

advantages and synergies available to the firms<br />

that represent <strong>INAA</strong> in Austria and Italy.<br />

Walter Groier, a past chairman of <strong>INAA</strong>, invited a<br />

representative of the Carinthian Regional<br />

Development Board of Southern Austria to<br />

Further<br />

expansion in<br />

Belgium<br />

<strong>INAA</strong> is represented in Belgium by the Bofidi<br />

Group with offices in Brussels, Ghent and<br />

Antwerp (contact Kristof van Hecke,<br />

Kristof.vanhecke@bofidi.com) and now by the<br />

Revys Audit Alliance Group with offices in<br />

Brussels, Hasselt, Mol and Namur. The new<br />

association of independent local audit firms was<br />

the initiative of <strong>INAA</strong> member Jos Vanhees,<br />

contact jvh@vanhees-audit.be.<br />

address the meeting on investment<br />

opportunities.<br />

Luca Aniasi commented: “The two-day meeting<br />

was very much about the two national networks<br />

getting to know one another, and building the<br />

personal relationships that facilitate the exchange<br />

and sharing of business opportunities.”<br />

The <strong>INAA</strong><br />

<strong>Network</strong><br />

Established in 1992, <strong>INAA</strong> is an international<br />

network, primarily of independent accounting<br />

firms, whose prime purpose is to assist<br />

businesses with cross border accounting and<br />

tax issues. A second tier of membership, the<br />

<strong>INAA</strong> Expert Alliance, is open to certain<br />

categories of regulated non-accountancy<br />

professional firms.<br />

For further information please vist: www.inaa.org<br />

Future<br />

meetings<br />

Latino Tax Forum<br />

Buenos Aires, Argentina<br />

18 November 2010<br />

Contact: Sergio Pez<br />

pezs@breasolans.com.ar<br />

North American Forum<br />

January 2011<br />

Contact: Elliott Glass<br />

eglass@radinglass.com<br />

International Audit Forum<br />

April 2011<br />

Contact: Alexander Leitgeb<br />

Alexander.leitgeb@tax-service.at<br />

International Tax Forum<br />

April 2011<br />

Contact: Joop Dagevos<br />

jdagevos@zirkzeedenos.com<br />

Mid-term meeting<br />

Mauritius<br />

12 & 13 May 2011<br />

Contact: Vimal Damry<br />

vimal@premier.mu<br />

AGM<br />

Mexico City, Mexico<br />

27 & 28 October 2011<br />

Contact: Carlos Alvarez Balbas<br />

cab@prodigy.net.mx<br />

Further details of 2011 forum meetings will be<br />

posted on the <strong>INAA</strong> website.<br />

www.inaa.org


Directory of members<br />

Argentina Brea Solans & Asociados<br />

Australia McGregor West Pty Ltd<br />

Spry Roughley Services Pty Limited<br />

Austria Confida GmbH<br />

Belgium Bofidi Group<br />

Revys Audit Alliance Group<br />

Bosnia-Herzegovina Confida Drustvo za reviziju d.o.o.<br />

Brazil Organizacao Contabil Adelino Motta<br />

S/C Ltda<br />

Canada Newton Israelstam <strong>LLP</strong><br />

Chile Puente Sur Outsourcing SA<br />

Croatia Confida-Zagreb d.o.o.<br />

Cyprus Papademetriou & Partners Ltd<br />

Denmark Revisorgaarden i København<br />

France Qantea<br />

Germany Bornhausen Consulting<br />

Dr Neumann Schmeer und Partner<br />

SGK Auditnet GmbH<br />

Guernsey Willow Trust Limited<br />

Hong Kong Kenny Tam & Co<br />

India Contractor, Nayak & Kishnadwala<br />

Indonesia Johannes Patricia Juara & Rekan<br />

Ireland FMB Chartered Accountants<br />

Italy Resolve Group<br />

Kazakhstan LLC “HELP”<br />

Kuwait Alansari & Co – Public Accountants<br />

Luxembourg Fiduciaire Fernand Sassel & Cie S.A.<br />

Malta Anton Chetcuti-Ganado and Associates<br />

For further information on any of the <strong>INAA</strong> members visit www.inaa.org.<br />

2010 Autumn<br />

Home Page<br />

<strong>INAA</strong> Secretariat: Jeffrey Crawford & Co, 25 Castle Terrace, Edinburgh EH1 2ER<br />

T: +44 (0)131 228 6606 F: +44 (0)131 228 4911 E: secretariat@inaa.org<br />

Directory / United Kingdom<br />

Mauritius Corporate & Chancery Group Limited<br />

Premier Financial Services Limited<br />

Mexico Despacho Alvarez Balbás SC<br />

Netherlands SRA International<br />

Nigeria Ijewere & Co<br />

Norway AS Revision<br />

Peru Colichon, Herrera, Guttierrez & Ass.<br />

Poland Sol Financial Services Polska Sp. z o.o<br />

Romania SC Audit Consult Group Ltd<br />

Russia Jordan & Partners Consulting<br />

Serbia Confida-Revizija d.o.o.<br />

Singapore Wong, Lee & Associates<br />

Slovenia GM revizija, d.o.o.<br />

Spain Auditglobal<br />

Persevia Auditores de Cuentas SL<br />

Switzerland Allemann, Zinsli & Partner AG<br />

Dryden Associates SA<br />

Tunisia Management and Audit Firm - MAF<br />

Turkey Consulta Bagimsiz Denetim ve YMM A.S.<br />

United Arab Emirates Numerica Chartered Accountants<br />

United Kingdom Jeffrey Crawford & Co<br />

Sobell Rhodes<br />

Wagstaffs<br />

U.S.A Birnbrey, Minsk & Minsk LLC<br />

Crawford Ellenbogen LLC<br />

Radin Glass & Co <strong>LLP</strong><br />

<strong>Shepard</strong> <strong>Schwartz</strong> & <strong>Harris</strong> <strong>LLP</strong><br />

Hanlin Moss PS<br />

Turner Stone & Company <strong>LLP</strong><br />

Venezuela Carpio, Caycedo y Asociados<br />

Your news is our news...<br />

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date with important <strong>INAA</strong> news and developments that are<br />

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