We can assist in recording your business' transactions, for the accurate preparation of:

• General Ledger
• Financial Statements
• Monthly/Quarterly/Annual Reporting

In addition, we provide customized Accounting system setup for new businesses and computerized payroll services.

Our role in the attestation process provides an opportunity to recommend constructive solutions for maximizing our client’s profitability and efficiency, as follows:  

• Audit 
• Review
• Compilation
• Agreed-Upon Procedures

Financial statements are reports that include information as to the client’s assets, liabilities, equity and results of operations, but express no opinion or any other form of assurance on the underlying information included in them.  These can be an useful tool for management in order to make financial decisions.  We can assist you in the preparation of your financial statements in accordance with professional standards.

We provide the taxation expertise and knowledge that proactively minimize both current and future tax liabilities, and help you identify opportunities based on your particular business scenario.  Tax services offered include, but are not limited to:

• Tax Authority Representation and Consultation
• Tax Planning and Structuring
• Tax Return Preparation

We provide expert assistance in processing information for use by attorneys or by expert consultants in preparation for and trial of a lawsuit.  These services are provided primarily on a contract basis.

We can bring the value, knowledge and expertise of our profession to your business...helping you maintain focus on what you do best.  The best of all, it is probably by far less expensive than hiring and growing the headcount of your organization.

Businesses are increasingly outsourcing their accounting, administrative support services and organizational logistics work so you can focus the attention on those factors that are crucial to the long-term success of your business. 

We provide comprehensive, flexible strategies that address the issues that could be affecting your business.  Our consulting services include:

• Software Selection & Implementation
• Business Succession Planning
• Business Valuations
• Buying & Selling a Business
• Financial and Retirement Planning
• Management Advisory Services
• Debt Management & Financing Services
• Business Entity Selection

Cruz & Urrutia keeps monitoring new businesses in Puerto Rico, which has included EDP systems (commercial and fund accounting), tax‑exemption and other incentive laws, as well as the fulfillment of many other governmental requirements.  In the area of business support, our external consulting attorneys can also provide services to our clients.

In today’s business environment, you need to achieve your objectives by measuring performance, managing risks, and leveraging knowledge.  Managing risk appropriately is key to business success.  Our internal audit service will enable you to make decisions that strengthen your business and focus on the risks you face in order for you to move ahead into the future with confidence.  We focus on the value your organization can derive from successful internal audit activities. We are ready to provide co-sourcing and outsourcing internal audit services that will help you exercise control over the strategic risks that are critical to your success.  We can also provide evaluation of your internal audit controls and compliance with standard established by the Institute of Internal Auditors.