Worldwide Finance Awards 2020

14 Acquisition International - 2020 Worldwide Finance Awards atin America and the world economy are in crisis. COVID-19 has had a devastating impact on many, with companies struggling to restart their businesses to kick- start the economy. Workers are falling sick, slowing production. It’s an unprecedented challenge, but one that the team at WILL are ideally positioned to solve. Created with the vision of providing assistance to businesses wanting to expand, the team at WILL have been able to help many clients over the years. With a wide experience in accounting, financial, legal, labor, tax and human resources management, they are adept at ensuring that no client is left behind. The team’s tax and accounting expertise allows them to provide sponsorship advice for tax litigation procedures, internal audits, due diligence, as well as the evaluation and implementation for the adequacy of existing IAS and IFRS financial statements. In this way, the team play a major part in ensuring that Peru’s economy doesn’t settle. Its collaborators and partners have occupied key positioned in line management and can give advice that comes from practical experience. Often, the team works with companies, branches or subsidiaries of transnational companies, each giving the firm its own unique set of challenges. Such breadth of business has allowed the team to understand what it is to respond to the demands and pressure of monthly accounting closures, reporting to the parent company or to the Board of Directors. No business is in a vacuum. Each must react to market pressures and challenges far outside of their control. To counter this, there are firms designed to help businesses make the most of their situations. For the team at WILL Corporate Services S.A.C., this is their first priority, consulting on the various ways in which a business can develop financially. We took a closer look at the firm in the light of its success. Best Tax & Accounting Firm 2020 - Peru L In an industry like tax and finance, especially at a turbulent time such as this, it is vital to remain in contact with clients. Learning what their specific needs are at this time is key to success. WILL’s team meets with them monthly in order to learn how their business is progressing and to try and anticipate any challenges they might be about to face. In a situation like COVID-19, the difficulties that face one business will apply to many others. The team have been able to develop talks and conferences on the issues that affect them most. As the firm works with corporate clients, the team have always invested in the most sophisticated of technological tools. This meant that before the pandemic hit, the team were operating on the cloud. Remote working was a straightforward transition that didn’t take much effort to implement. This flexibility has allowed WILL to continue the successes it was able to celebrate in 2019. At the end of the year, the financial results for the business were particularly strong, with a profit, before tax, of US$ 23,000. The overall revenue for the year was US$ 160,000. It’s a credit to the team that while COVID-19 has had a major impact on the markets, and the industry at large, WILL is still set to achieve some impressive financial results this year. Having achieved such success, it would be easy for the firm to take a step back, but the team are already looking to new and brighter opportunities. They are hoping to reach fifty new companies by the end of 2021 and are working hard to implement new services on their cloud-based server for the benefit of clients. Many businesses have been affected by COVID-19, but few have adapted quite so quickly as the team at WILL. Their determination, tenacity and resourcefulness have allowed them to survive one of the most difficult situations the world has had to face. The many achievements that the firm has celebrated are a credit to the team and their incredibly hard work. Company: WILL Corporate Services S.A.C. Name: Walter Leiva Web Address: www.will-corporate.com