We understand the importance of client service and take time to listen to our clients’ needs. The members of the engagement team recognize this concept of service and have practiced it throughout their professional careers. We are supported by the firm’s client-based culture. The challenges facing the single audit and not-for-profit institutions sector today are complex and substantive, requiring a n understanding of industry trends, current changes, and their economic impact, and a deep knowledge of technical accounting and reporting issues. RRC’ dedication to independence, objectivity, and technical excellence has always been the cornerstone of our firm’s philosophy, and we believe it distinguishes us in the marketplace.
RRC is a professional services firm with the depth and breadth of resources possessing experience and subject matter expertise directly relevant to your needs. We believe our combination of local resources, industry knowledge, and specialized expertise uniquely positions us to address your needs. We believe the benefits of selecting us can be summarized in the points outlined below.
We believe the most important decision we make on any engagement is the selection of the individuals who will work with you. We know that skill, experience, style, and character are essential ingredients for the chemistry needed to create a lasting relationship. We understand your need to have readily accessible, committed, and qualified engagement teams.
Our firm’s qualifications are clearly evidenced by the caliber of clients we serve. For a number of years, RRC has been investing the substantial resources required to be a leader in the island. All of these experiences make us familiar with the issues of serving a client.
Before selecting your accounting, finance or tax advisor, ask yourself the following questions:
• Is this person a Certified Public Accountant?
• Do you have a license to work in Puerto Rico?
• What professional organizations do you belong to?
The CPA designation is granted only to those who have passed a rigorous revalidation exam offered by the Puerto Rico Board of Accountancy, NASBA Licensing Services. A CPA is distinguished by its strict licensing requirements. To be a CPA, it is necessary, in many places, to have a college degree. In Puerto Rico, it is required to have completed 150 hours of college education before taking the CPA exam. Every three years, they must complete 120 credit hours of continuing education. Being a member of professional organizations is also important. For example, all CPAs in Puerto Rico are members of the Puerto Rico Society of Certified Public Accountants and about 330,000 accountants in the United States belong to the American Institute of CPA (AICPA).
Every Certified Public Accountant who practices in Puerto Rio is a member of the Puerto Rico Society of Certified Public Accountants. This membership is mandatory as established by Law 75 of May 31, 1973. It guarantees a professional class fully prepared to meet the financial services needs of its customers. Each member of the Puerto Rico Society of Certified Public Accountants must meet professional, technical and ethical requirements, including rigorous auditing and accounting examinations; continuing education courses and a strict code of professional ethics.