BOLETÍNES
Conoce a tu Colegio y Guía de Operación
TIENDA EN LÍNEA
The Accountant: Entrevista CPC Eduardo Ojeda
An uphill battle
The Mexican accounting profession and economy in general are experiencing tough times, hit hard by the
combined forces of the subprime crisis and swine flu. Yet the profession is still working proactively towards
IFRS convergence and a new strategic plan. Gundi Jeffrey reports
Implementing an ambitious new strategic action plan, approved September 2008, converging with IFRS and mitigating the financial suffering brought on by one of the worst financial crises in
many years are top of mind for Mexico’s accounting profession.
“It’s a pretty tough agenda,” says Eduardo Ojeda López Aguado, chairman of the Mexican Institute of Public Accountants (Instituto
Mexicano de Contadores Públicos – IMCP).
“Add to that onerous new taxes, the introduction of a quality control review regime and a new specialty certification programme, and the profession has its hands full.”
The new strategic plan focuses on promoting the pre-eminence, sustainability and social responsibility of the profession.
It also dictates the creation of an Education Commission charged with converging Mexico’s accounting education standards with International Education Standards and harmonising the infrastructure of the country’s
59 state accounting societies.
Another signature piece of the plan is the introduction of the new quality control review process. Developed last year and approved by IMCP’s executive committee in April, the plan is now up for approval by the
institute’s 20,000 members.
“I’ve been visiting our state societies to explain the programme and the standard underpinning it,” Ojeda says. The standard in question is la Norma de Revisión de Control de Calidad Profesional para Contadores
Públicos Dedicados a la Práctica Independiente, which specifies that all of Mexico’s public accountants and their firms have to adhere to certain quality control criteria.
“We want to make sure that all members in public practice understand the new requirements and their purpose, and to get feedback on what they think,” he says.
