Dutch Caribbean & Suriname In Need Of More Local Accountants

by admin | Jun 2, 2020 | Blog

Local United States Certified Public Accountants (U.S. CPAs) started an initiative to strengthen their position on the Dutch Caribbean & Suriname. There is a need for more U.S. investors and U.S. related companies to invest in the Dutch Caribbean and Suriname in order to boost these local economies and to develop them sustainably. U.S. investors and U.S. Companies with significant funding resources are very skeptical to invest in foreign countries which do not provide the same level of trust, risk and comfort that they are used to. The total U.S. economy runs on U.S CPA’s and U.S. investors rely heavily on the trust that U.S. CPAs provide to the economy.

U.S CPAs are auditors of the world’s largest technological companies and financial institutions such as Google, Apple, Facebook, Amazon, and Bank of America. They are at the forefront in performing rigorous research regarding Innovation, Education, Cybersecurity, and Thought Leadership while protecting the public interest. The American Institute for Certified Public Accountants (AICPA) is the world’s largest member organization representing the accounting profession in more than 143 countries. Worldwide there are over 650.000 active U.S. CPA’s in 173 countries strengthening the largest capital markets and delivering value to the global financial system.

Due to the need to attract more U.S. investors and to create and cultivate the right investment climate Global International Management, LLC started an initiative to strengthen the local economies of the Dutch Caribbean & Suriname by providing local accountants a unique opportunity to seek and obtain the aforementioned most sought and respected U.S. CPA designation powering Trust, Opportunity and Prosperity into our relatively small local economies. For example, new rules and regulations applicable to our local financial institutions such as the Foreign Account Tax Compliance Act (FATCA) are U.S. driven and compliance by local financial institutions is extremely important to remain white listed. Additionally, many banks in our region are having difficulties finding or keeping a USD corresponding bank which is eminent in doing business with the U.S. and Internationally.

More “local” U.S. CPAs will drive a dynamic internationally known local audit and accounting profession that works every day to build trust, create opportunity and grow prosperity for the Dutch Caribbean & Suriname.

To kick off this initiative, the Association of International Certified Professional Accountants – Center of Plain English Accounting (AICPA’s CPEA) is heading to Curacao for the first time on April 5th 2018 for a full-day one-site seminar in Avila Beach Hotel to outline the latest accounting standard regarding “Revenue Recognition”. Additionally, the U.S. Embassy on Curacao is stimulating a fair level playing field for U.S. CPAs on the Dutch Caribbean & Suriname and the event will be opened by the U.S. Consul General in Curacao, Mrs. Margaret D. Hawthorne. “We are honored to have both the AICPA’s CPEA and U.S Consulate General Curacao’s support and welcome as many accountants on this event which will be the first step towards strengthening the position of our local U.S. CPAs here in the region” said Rocher Cyrus CPA, CGMA – Managing Director of Global International Management, LLC and authorized Partner of Becker Professional Education and Confirmation.com.

For more info on the upcoming event: AICPA’s CPEA comes to Curacao for the “New Revenue Recognition Standard (Part I) – Course (8 CPE). Location: Avila Beach Hotel, April 5th 2018 from 07.45am to 18.00pm. We will also honor our first 3 students who passed all 4 parts of the U.S. CPA Exam. Registration is required via info@globalintmanagement.com or via rcyrus@globalintmanagement.com. Please contact us for more info on the event, course, speaker bio via these email addresses and/or to register or click on the following link: https://gim.cpa/wordpress/aicpa-cpea-seminar-curacao/

We call upon all U.S. CPAs in the region to subscribe for this event which will be the first step towards strengthening our position within the Dutch Caribbean and Suriname!