MGI Jebsen & Co. - Business information form
2023
Business dimensions
- Total gross annual turnover (revenue) in USD equivalent for the last completed financial year
- $2,030,000.00
- Date of end of financial year to which turnover and all data in this form refers
- 31st December 2022
- Please confirm that this turnover covers all branches and associated subsidiary firms which offer services to members and their clients, directly or indirectly
- Yes
- Number of Partners/Principals
- 10
- Number of Partners/Principals who are women
- 4
- Number of professional staff other than Partners/Principals. Professional staff means permanent employees of your firm qualified to carry out audit, accounting, tax advisory or consulting services.
- 33
- Number of staff who are women
- 30
- Number of other staff. Those not included in Partners/Principals or professional staff above.
- 3
- Number of offices
- 1
Areas of service
| Service | Approximate % of turnover in the last financial year | English speaking key contact for this area |
|---|---|---|
| Audit and assurance | 26% | Luis M. Uncal |
| Accounting | 21% | Luis M. Uncal |
| Tax | 29% | A. Rafael Faillace |
| Legal | 13% | Martin G. E. Jebsen |
| Business advisory | 11% | Martin G. E. Jebsen |
| Other services, if any (please list here and give total %) | ||
| not filled | 0% | Martin G. E. Jebsen |
| Total - all services (must be 100%) | 100% | |
Principal contacts
| Name | ||
|---|---|---|
| Person responsible for marketing * | Silvia Corallo | [email protected] |
| (MGI Worldwide members only) - Person responsible for MGI network, Quality Assurance and Audit Independence Matters | Luis Uncal | [email protected] |
| Person responsible for Information Technology * | Claudia Leiva | [email protected] |
Detailed audit service profile
| Type of audit client | No. of client | Total fee income (in USD for your last full financial year) |
|---|---|---|
| All audit clients | 49 | $510,000.00 |
| Audit clients which have branches, subsidiaries or parent companies outside your country | 37 | $445,000.00 |
| Public Interest Entity* audit clients, except listed companies | 5 | $96,900.00 |
| Audit clients listed on a stock exchange in your own country | 0 | $0.00 |
| Audit clients which are subsidiaries of companies listed on a stock exchange in another country | 1 | $10,500.00 |
International profile
- What is the main language of your firm (internally and with domestic clients)?
- Spanish
- Number of public key contacts listed in this directory for your firm
- 3
- Please confirm that all public Key Contacts listed in the directory offer fluent English.
- Yes
- Does your telephone operator/receptionist speak English?
- Yes
- What is the maximum time you allow in firm to respond to enquiries from fellow members?
- 48 hours
Outward business exchange
- How much business did you send to other members (in your country and abroad) in the last financial year (gross fees in USD equivalent). In many cases this is likely to be a best estimate or even a guess based on the fees you would charge for the service. Include repeat business from referrals in previous years.
- $169,106.00
- Approximately how much of this was to members in your country?
- 0
- To members outside your country?
- 100
Inward business exchange
- How much business did you receive from other MGI Worldwide members in the last financial year (gross fees in USD equivalent), domestic and international?
- $29,265.00
- How much of this total inward business was repeat business from previous years?
- $100.00
- Approximately how much of this total inward business was from members in your country?
- 0
- From members outside your country?
- 100
- From which countries abroad, if any, did you receive business? Please list
- Germany
- Please list which MGI Worldwide meetings* were attended by members of your firm in the last calendar year
- AGM 2022 - Canada Latin American Region Meeting 2022 - Argentina
Licensing and regulatory information
Accountants
Yes
- Name of authorising/licensing body(ies)
- Consejo Profesional de Ciencias Económicas de la Ciudad Autónoma de Buenos Aires (Professional Board of Economic Sciences of the Autonomous City of Buenos Aires) Consejo Profesional de Ciencias Economicas de la Provincia de Buenos Aires ( Professional Board of Economic Sciences of the Province of Buenos Aires)
Auditors
Yes
- Name of authorising/licensing body(ies)
- Consejo Profesional de Ciencias Económicas de la Ciudad Autónoma de Buenos Aires (Professional Board of Economic Sciences of the Autonomous City of Buenos Aires) Consejo Profesional de Ciencias Economicas de la Provincia de Buenos Aires ( Professional Board of Economic Sciences of the Province of Buenos Aires)
Tax advisors
Yes
- Name of authorising/licensing body(ies)
- Consejo Profesional de Ciencias Económicas de la Ciudad Autónoma de Buenos Aires (Professional Board of Economic Sciences of the Autonomous City of Buenos Aires) Consejo Profesional de Ciencias Economicas de la Provincia de Buenos Aires ( Professional Board of Economic Sciences of the Province of Buenos Aires) Members of the International Fiscal Association (IFA)
Other profession
Yes
- Specify which
- Lawyers
- Name of authorising/licensing body(ies)
- Colegio de Abogados de la Ciudad de Buenos Aires (Bar Association of the City of Buenos Aires)
- Is your firm subject to an external quality control review?
- No
- If your answer was No, how do you ensure your quality standards?
- - Active members of Committees of the Professional Board of Economic Sciences of the Autonomous City of Buenos Aires - Professional Firms Committees. - Members of the Argentina Forum of External Auditors. - Active members of the Argentine Association of Fiscal Firms. - Review performed by the Professional Board of Economic Sciences of the Autonomous City of Buenos Aires concerning the observance and fulfillment of all regulations in force through the validation of every Auditor´s Report. - Compulsory continuous external training / education. - Compulsory annual training on matters related to "laundering of assets" given by independent licensed professionals.
- If your answer was Yes, how often does the external review take place?
- 0
- What is (are) the name(s) of the reviewing organisation(s)?
- N/A
- What was the date of your last external review?
- 5th October 2017
Professional indemnity
- Is Professional Indemnity Insurance available in your country?
- Yes
- If YES, is it obligatory?
- No
- Do you carry Professional Indemnity (PI) insurance?
- No
- Comments, if any, on PI
- Even though in our country this type of policies are not completely developed by the Insurance Companies, the same exist but are excessively expensive, especially for audits of companies abroad Argentina, which makes the audit services non-profitable in such cases.
Comments
- Explanatory comments, if needed, on this information from the member firm or from MGI Worldwide
- In Argentina, it is mandatory for all companies to file their Financial Statements, including the Auditor's Report signed by a CPA and certified by the Professional Board of Economic Sciences of the Autnomous City of Buenos Aires. This obligation is applicable to all companies irrespective of their size. Among others, on a yearly basis the tax authorities demand the filing of the annual Financial Statements, including the Auditor's Report signed by the CPA and legalized by the Professional Board of Economic Sciences of the Autonomous City of Buenos Aires. The Professional Board of Economic Sciences of the Autonomous City of Buenos Aires performs, after the due legalization of the CPA's signature, an exhaustive control regarding the form and contents of the financial statements as well as concerning the CPA's firm structure. Briefly, if a Financial Statement does not obtain the certification label stamped by the Professional Board of Economic Sciences of the Autonomous City of Buenos Aires, the same is not enforceable or valid before third parties. For the purpose of including the stamp of the "Argentine Forum of External Auditors" in our Auditor's Report, as members of the said Forum, we are compelled to take an active participation by attending meetings, debate groups as well as cooperating with works related to Auditors' regulations.
2022
Business dimensions
- Total gross annual turnover (revenue) in USD equivalent for the last completed financial year
- $1,536,280.00
- Date of end of financial year to which turnover and all data in this form refers
- 31st December 2021
- Please confirm that this turnover covers all branches and associated subsidiary firms which offer services to members and their clients, directly or indirectly
- Yes
- Number of Partners/Principals
- 10
- Number of Partners/Principals who are women
- 4
- Number of professional staff other than Partners/Principals. Professional staff means permanent employees of your firm qualified to carry out audit, accounting, tax advisory or consulting services.
- 45
- Number of staff who are women
- -
- Number of other staff. Those not included in Partners/Principals or professional staff above.
- 0
- Number of offices
- 1
Areas of service
| Service | Approximate % of turnover in the last financial year | English speaking key contact for this area |
|---|---|---|
| Audit and assurance | 25% | Luis M. Uncal |
| Accounting | 12% | Luis M. Uncal |
| Tax | 35% | A. Rafael Faillace |
| Legal | 17% | Martin G. E. Jebsen |
| Business advisory | 11% | Martin G. E. Jebsen |
| Other services, if any (please list here and give total %) | ||
| not filled | 0% | Martin G. E. Jebsen |
| Total - all services (must be 100%) | 100% | |
Principal contacts
| Name | ||
|---|---|---|
| Person responsible for marketing * | Silvia Corallo | [email protected] |
| (MGI Worldwide members only) - Person responsible for MGI network, Quality Assurance and Audit Independence Matters | Luis Uncal | [email protected] |
| Person responsible for Information Technology * | Claudia Leiva | [email protected] |
Detailed audit service profile
| Type of audit client | No. of client | Total fee income (in USD for your last full financial year) |
|---|---|---|
| All audit clients | 45 | $339,989.00 |
| Audit clients which have branches, subsidiaries or parent companies outside your country | 34 | $286,793.00 |
| Public Interest Entity* audit clients, except listed companies | 5 | $54,355.00 |
| Audit clients listed on a stock exchange in your own country | 0 | - |
| Audit clients which are subsidiaries of companies listed on a stock exchange in another country | 1 | $10.50 |
International profile
- What is the main language of your firm (internally and with domestic clients)?
- Spanish
- Number of public key contacts listed in this directory for your firm
- -
- Please confirm that all public Key Contacts listed in the directory offer fluent English.
- -
- Does your telephone operator/receptionist speak English?
- Yes
- What is the maximum time you allow in firm to respond to enquiries from fellow members?
- 48 hours
Outward business exchange
- How much business did you send to other members (in your country and abroad) in the last financial year (gross fees in USD equivalent). In many cases this is likely to be a best estimate or even a guess based on the fees you would charge for the service. Include repeat business from referrals in previous years.
- $181,090.00
- Approximately how much of this was to members in your country?
- 0
- To members outside your country?
- -
Inward business exchange
- How much business did you receive from other MGI Worldwide members in the last financial year (gross fees in USD equivalent), domestic and international?
- $29,265.00
- How much of this total inward business was repeat business from previous years?
- $100.00
- Approximately how much of this total inward business was from members in your country?
- -
- From members outside your country?
- -
- From which countries abroad, if any, did you receive business? Please list
- Germany
- Please list which MGI Worldwide meetings* were attended by members of your firm in the last calendar year
- AGM 2021 (online)
Licensing and regulatory information
Accountants
Yes
- Name of authorising/licensing body(ies)
- Consejo Profesional de Ciencias Económicas de la Ciudad Autónoma de Buenos Aires (Professional Board of Economic Sciences of the Autonomous City of Buenos Aires)
Auditors
Yes
- Name of authorising/licensing body(ies)
- Consejo Profesional de Ciencias Económicas de la Ciudad Autónoma de Buenos Aires (Professional Board of Economic Sciences of the Autonomous City of Buenos Aires)Consejo Profesional de Ciencias Económicas de la Provincia de Buenos Aires (Professional Board of Economic Sciences of the Province of Buenos Aires)
Tax advisors
Yes
- Name of authorising/licensing body(ies)
- Consejo Profesional de Ciencias Económicas de la Ciudad Autónoma de Buenos Aires (Professional Board of Economic Sciences of the Autonomous City of Buenos Aires)Members of the International Fiscal Association. (IFA)
Other profession
Yes
- Specify which
- Lawyers
- Name of authorising/licensing body(ies)
- Colegio de Abogados de la Ciudad de Buenos Aires (Bar Association of the City of Buenos Aires)
- Is your firm subject to an external quality control review?
- No
- If your answer was No, how do you ensure your quality standards?
- - Active members of Committees of the Professional Board of Economic Sciences of the Autonomous City of Buenos Aires - Professional Firms Committee.- Members of the Argentine Forum of External Auditors' Firms (biggest 33 audit firms in Argentina) - Active member of the Argentine Association of Fiscal Firms.- Review performed by the Professional Board of Economic Sciences of the Autonomous City of Buenos Aires concerning the observance and fulfillment of all regulations in force through the validation of every Auditor's Report.- Compulsory continuous external training./ education.- Compulsory annual training on matters related to 'laundering of assets' given by independent licensed professionals.
- If your answer was Yes, how often does the external review take place?
- 0
- What is (are) the name(s) of the reviewing organisation(s)?
- -
- What was the date of your last external review?
- -
Professional indemnity
- Is Professional Indemnity Insurance available in your country?
- Yes
- If YES, is it obligatory?
- No
- Do you carry Professional Indemnity (PI) insurance?
- No
- Comments, if any, on PI
- Even though in our country this type of policies are not completely developed by the Insurance Companies, the same exist but are excessively expensive, especially for audits of companies abroad Argenitna, which makes the audit service non-profitable in such cases.
Comments
- Explanatory comments, if needed, on this information from the member firm or from MGI Worldwide
- In Argentina, it is mandatory for all companies to file their Financial Statements, including the Auditor's Report signed by a CPA and certified by the Professional Board of Economic Sciences of the Autonomous City of Buenos Aires. This obligation is applicable to all companies irrespective of their size. Among others, on a yearly basis, the tax authorities demand the filing of the annual Financial Statements, including the Auditor's Report signed by the CPA and legalized by the Professional Board of Economic Sciences of the Autonomous City of Buenos Aires.The Professional Board of Economic Sciences of the Autonomous City of Buenos Aires performs, after the due legalization of the CPA's signature, an exhaustive control regarding the form and contents of the financial statements as well as concerning the CPA's firm structure. Briefly, if a Financial Statement does not obtain the certification label stamped by the Professional Board of Economic Sciences of the Autonomous City of Buenos Aires, the same is not enforceable or valid before third parties. For the purpose of including the stamp of the 'Argentine Forum of External Auditors' Firms in our Auditor's Report, as members of said Forum we are compelled to take an active participation by attending meetings, debate groups as well as cooperating with works related to Auditors regulations.
2021
Business dimensions
- Total gross annual turnover (revenue) in USD equivalent for the last completed financial year
- $1,372,400.00
- Date of end of financial year to which turnover and all data in this form refers
- 31st December 2020
- Please confirm that this turnover covers all branches and associated subsidiary firms which offer services to members and their clients, directly or indirectly
- Yes
- Number of Partners/Principals
- 9
- Number of Partners/Principals who are women
- 2
- Number of professional staff other than Partners/Principals. Professional staff means permanent employees of your firm qualified to carry out audit, accounting, tax advisory or consulting services.
- 47
- Number of staff who are women
- -
- Number of other staff. Those not included in Partners/Principals or professional staff above.
- 0
- Number of offices
- 1
Areas of service
| Service | Approximate % of turnover in the last financial year | English speaking key contact for this area |
|---|---|---|
| Audit and assurance | 25% | Luis M. Uncal |
| Accounting | 11% | Luis M. Uncal |
| Tax | 38% | A. Rafael Faillace |
| Legal | 17% | Martin G. E. Jebsen |
| Business advisory | 9% | Martin G. E. Jebsen |
| Other services, if any (please list here and give total %) | ||
| not filled | 0% | Martin G. E. Jebsen |
| Total - all services (must be 100%) | 100% | |
Principal contacts
| Name | ||
|---|---|---|
| Person responsible for marketing * | Silvia Corallo | [email protected] |
| (MGI Worldwide members only) - Person responsible for MGI network, Quality Assurance and Audit Independence Matters | Luis Uncal | [email protected] |
| Person responsible for Information Technology * | Claudia Leiva | [email protected] |
Detailed audit service profile
| Type of audit client | No. of client | Total fee income (in USD for your last full financial year) |
|---|---|---|
| All audit clients | 43 | $290.56 |
| Audit clients which have branches, subsidiaries or parent companies outside your country | 36 | $258.50 |
| Public Interest Entity* audit clients, except listed companies | 7 | $84.60 |
| Audit clients listed on a stock exchange in your own country | 0 | - |
| Audit clients which are subsidiaries of companies listed on a stock exchange in another country | 1 | $17.00 |
International profile
- What is the main language of your firm (internally and with domestic clients)?
- Spanish
- Number of public key contacts listed in this directory for your firm
- -
- Please confirm that all public Key Contacts listed in the directory offer fluent English.
- -
- Does your telephone operator/receptionist speak English?
- Yes
- What is the maximum time you allow in firm to respond to enquiries from fellow members?
- 48 hours
Outward business exchange
- How much business did you send to other members (in your country and abroad) in the last financial year (gross fees in USD equivalent). In many cases this is likely to be a best estimate or even a guess based on the fees you would charge for the service. Include repeat business from referrals in previous years.
- $192,066.00
- Approximately how much of this was to members in your country?
- 0
- To members outside your country?
- -
Inward business exchange
- How much business did you receive from other MGI Worldwide members in the last financial year (gross fees in USD equivalent), domestic and international?
- $30,800.00
- How much of this total inward business was repeat business from previous years?
- $100.00
- Approximately how much of this total inward business was from members in your country?
- -
- From members outside your country?
- -
- From which countries abroad, if any, did you receive business? Please list
- Germany
- Please list which MGI Worldwide meetings* were attended by members of your firm in the last calendar year
- AGM 2020 (online)
Licensing and regulatory information
Accountants
Yes
- Name of authorising/licensing body(ies)
- Consejo Profesional de Ciencias Económicas de la Ciudad Autónoma de Buenos Aires (Professional Board of Economic Sciences of the Autonomous City of Buenos Aires)
Auditors
Yes
- Name of authorising/licensing body(ies)
- Consejo Profesional de Ciencias Económicas de la Ciudad Autónoma de Buenos Aires (Professional Board of Economic Sciences of the Autonomous City of Buenos Aires)Consejo Profesional de Ciencias Económicas de la Provincia de Buenos Aires (Professional Board of Economic Sciences of the Province of Buenos Aires)
Tax advisors
Yes
- Name of authorising/licensing body(ies)
- Consejo Profesional de Ciencias Económicas de la Ciudad Autónoma de Buenos Aires (Professional Board of Economic Sciences of the Autonomous City of Buenos Aires)Members of the International Fiscal Association. (IFA)
Other profession
Yes
- Specify which
- Lawyers
- Name of authorising/licensing body(ies)
- Colegio de Abogados de la Ciudad de Buenos Aires (Bar Association of the City of Buenos Aires)
- Is your firm subject to an external quality control review?
- No
- If your answer was No, how do you ensure your quality standards?
- - Active members of Committees of the Professional Board of Economic Sciences of the Autonomous City of Buenos Aires - Professional Firms Committee.- Members of the Argentine Forum of External Auditors' Firms (biggest 33 audit firms in Argentina) - Active member of the Argentine Association of Fiscal Firms.- Review performed by the Professional Board of Economic Sciences of the Autonomous City of Buenos Aires concerning the observance and fulfillment of all regulations in force through the validation of every Auditor's Report.- Compulsory continuous external training./ education.- Compulsory annual training on matters related to 'laundering of assets' given by independent licensed professionals.
- If your answer was Yes, how often does the external review take place?
- 0
- What is (are) the name(s) of the reviewing organisation(s)?
- -
- What was the date of your last external review?
- -
Professional indemnity
- Is Professional Indemnity Insurance available in your country?
- Yes
- If YES, is it obligatory?
- No
- Do you carry Professional Indemnity (PI) insurance?
- No
- Comments, if any, on PI
- Even though in our country this type of policies are not completely developed by the Insurance Companies, the same exist but are excessively expensive, especially for audits of companies abroad Argenitna, which makes the audit service non-profitable in such cases.
Comments
- Explanatory comments, if needed, on this information from the member firm or from MGI Worldwide
- In Argentina, it is mandatory for all companies to file their Financial Statements, including the Auditor's Report signed by a CPA and certified by the Professional Board of Economic Sciences of the Autonomous City of Buenos Aires. This obligation is applicable to all companies irrespective of their size. Among others, on a yearly basis, the tax authorities demand the filing of the annual Financial Statements, including the Auditor's Report signed by the CPA and legalized by the Professional Board of Economic Sciences of the Autonomous City of Buenos Aires.The Professional Board of Economic Sciences of the Autonomous City of Buenos Aires performs, after the due legalization of the CPA's signature, an exhaustive control regarding the form and contents of the financial statements as well as concerning the CPA's firm structure. Briefly, if a Financial Statement does not obtain the certification label stamped by the Professional Board of Economic Sciences of the Autonomous City of Buenos Aires, the same is not enforceable or valid before third parties. For the purpose of including the stamp of the 'Argentine Forum of External Auditors' Firms in our Auditor's Report, as members of said Forum we are compelled to take an active participation by attending meetings, debate groups as well as cooperating with works related to Auditors regulations.