H. Olano & Asociados Contadores Publicos- Auditores

In Lima, Peru, H. Olano & Asociados is a professional firm offering audit, accounting, outsourcing and business administration services. It reports more than thirty years of experience in these fields. The firm describes its staff as specialists assigned to each area, who give personal attention from the start of an engagement to its end, and it aims to give clients confidence, effectiveness and peace of mind.

Audits of financial statements under international standards

The audit of financial statements gives an opinion on whether the statements are reasonable, based on International Standards on Auditing (ISAs). The tax audit examines whether a company meets its current tax obligations and applies the rules correctly when it calculates its taxes, so that fiscal problems are avoided. A special examination service is also offered for targeted reviews of a business's records.

Labour audits ahead of official inspections

The labour audit tests compliance with employment obligations under current rules. Clients can use the results to improve how they manage their workforce and to meet their benefit obligations at lower cost. The firm also prepares businesses for inspections by the labour authorities, which it names as MINTRA and SUNAFIL. Work can be done at the firm's offices or at the client's premises, using either the firm's own accounting software or the software the client already has.

Outsourced accounting and payroll for businesses

Outsourced accounting covers monthly and annual tax obligations, the review of sales transactions and sales registers, and the set-up of payroll software. Payroll outsourcing covers preparing wage schedules, issuing payslips, and calculating severance compensation (CTS), gratuities, holiday pay and profit sharing. The firm also keeps track of loans made to staff. A separate outsourcing system is offered to micro and small enterprises, known locally as mypes.

Building and association administration

The firm handles outsourced administration for buildings, condominiums and non-profit associations. It also gives advice on accounting, tax and labour matters to businesses that want one professional adviser for all three areas. The firm is organised as a civil partnership under Peruvian law, and it works with affiliated entities and alliances with professional organisations of standing.