Puerto Rico CPAs to mark 40th anniversary next week
Kenneth Rivera-Robles
The Puerto Rico Society of CPAs will mark its 40th anniversary during the upcoming “CPA Week,” May 12-18. As in previous years, the celebration will feature seminars and social activities for the CPAs.
“This year we celebrate 40 years since the signing of the law that created our group, Law 75 of May 31, 1973. We can proudly say that they are 40 years of serving our colleagues with professionalism, authenticity, and commitment to the island’s economic welfare,” said Kenneth Rivera-Robles, president of the professional organization.
Treasury Secretary Melba Acosta will kick off the week with a proclamation ceremony on May 13 in San Juan. During the event, the CPAs will honor former presidents of the institution, and award donations gathered during the years to several nonprofits, namely VIDAS-Servicios Sociales Episcopales, Ángeles Vivientes Foundation, Down Syndrome Foundation, Ferran Centers and Community Financial Advisors.
Two seminars will take place May 16, one in the morning entitled “Alternative Energy for Business” and another in the afternoon, “Organizing for Economic Recovery.” The group will cap off the day with a party its Hato Rey headquarters. The Puerto Rico Society of CPAs has about 4,800 members.
After personally loosing out on two inheritances because of
negligent CPA’s and “notarios” working with corrupt lawyers in
Puerto Rico, the profession may wish to discuss why heirs on
the mainland frequently loose out on what is rightfully theirs. As
it stands, many lawyers are laughing all the way to the bank
because they know Puerto Rican citizens, living on the mainland,
often don’t have the money to go after them and reclaim their
rights as heirs. Some CPA lawyers assist colleagues to pretend
to be executors, knowing full well, they’re not. The Puerto Rico
Bar Association should spend less time socializing and do a
better job of overseeing members whose expertise is mostly
re-interpreting laws on the island for their own personal, economic
gain. For anyone tobe STILL “settling an estate” after 17 years,
by stalling and misrepresentation, makes everyone at this 40 th
year “party,” look mediocre by U.S. standards.