Comptabilitat a l'Uruguai

Accounting Rules

Tax Year

The fiscal year begins on January 1st and ends on December 31 of the same year.

Accounting Standards

Adoption of IFRS (International Financial Reporting Standards) in 2004.

Accounting Regulation Bodies

CGN

Accounting Reports

A balance sheet, a profit and loss account.

Publication Requirements

Companies must inform the government of their economic and financial situation by publishing annually its financial statements controlled by chartered accountants.

Professional Accountancy Bodies

CCEA , Board of Uruguayan Accountants, Economists and Administrators.

Certification and Auditing

Companies have to apply the International Accounting Standard which is enforced by law. To control accounting and the accounting documents published by the companies, an external auditor is required.
You can contact an external auditor: Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers.

Accounting News