New Mexico Clauses Relating to Accounting Matters

State:
Multi-State
Control #:
US-P0609-5AM
Format:
Word; 
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This sample form, containing Clauses Relating to Accounting Matters document, is usable for corporate/business matters. The language is easily adaptable to fit your circumstances. You must confirm compliance with applicable law in your state. Available in Word format.
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FAQ

As of the second quarter of 2022, there were more than 466,000 accountants and auditors in Mexico while the U.S., despite having more than double the population, has just over 665,000 actively licensed CPAs.

A certified public accountant in Mexico, also referred to as a CPA in Mexico, is a professional who has the education, experience and has passed the examination to meet the professional standards that are enforced in the accounting industry.

The Mexican tax authorities require all corporations whose sales, employees or investment in assets exceed a certain figure to hire an independent public accountant who will audit their financial statements and perform certain additional tests and analyses for the purpose of rendering a special tax report In addition ...

Only IMCP-certified public accountants designated as CPA (Contador Publico Certificado?CPC) can perform audits of PIEs. The main requirement to practice accountancy in Mexico is a bachelor's degree in accounting from a higher education institution.

Hold a public accounting licence (Cedula Profesional) issued by the Direccion General de Profesiones/Secretaria de Educacion Publica. have 30 months of relevant practical experience. be in compliance with the Continuing Professional Education (CPE) requirements of the IMCP.

§ 37-1-4. Those founded upon accounts and unwritten contracts; those brought for injuries to property or for the conversion of personal property or for relief upon the ground of fraud, and all other actions not herein otherwise provided for and specified within four years. Laws 1880, ch.

Pursuant to Section 12-6-3 NMSA 1978, the State Auditor may designate any agency for a special audit. The Office of the State Auditor may perform the audit or provide that it be conducted by an independent public accounting firm approved by the office.

Broadly speaking, this means that a US CPA license enables you to practice accounting in these international countries: South Africa. Australia. New Zealand. Canada. Hong Kong. Ireland. Mexico. Scotland.

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New Mexico Clauses Relating to Accounting Matters