Puerto Rico Chapter The Puerto Rico Chapter of AIRA provides support for the development of the insolvency and restructuring professional specialization. The chapter, together with Puerto Rico Society of Certified Public Accountants and AIRA, sponsors to annual series of review causes for CIRA and CDBV in Puerto Rico.
The AICPA is the world’s largest member association representing the accounting profession, with more than 394,000 members in 128 countries and more than a 125-year heritage of serving the public interest. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA sets ethical standards for the profession and U.S. auditing standards for audits of private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination and offers specialty credentials for CPAs who concentrate on personal financial planning; fraud and forensics; business valuation; and information technology. Through a joint venture with the Chartered Institute of Management Accountants, it has established the Chartered Global Management Accountant designation to elevate.
The Association of Insolvency and Restructuring Advisors (AIRA) is a nonprofit professional association serving financial advisors, accountants, crisis managers, business turnaround consultants, lenders, investment bankers, attorneys, trustees and other individuals involved in the fields of business turnaround, restructuring, bankruptcy and insolvency.
INSOL International is a world-wide federation of national associations for accountants and lawyers who specialize in turnaround and insolvency. There are currently 44 Member Associations world-wide with over 9,500 professionals participating as Members of INSOL International.
The College of certified public accountants of Puerto Rico protect the practice of the profession with the objective of maintaining the highest levels of ethics and professional excellence. It represents the CPA in legislative and judicial forums to ensure that the law of public accounting of 1945, be fulfilled as amended. Watching over the practice of the profession is not invalid by people not qualified or authorized by law, to provide services that only a CPA can do.