Case Study
Venezuela is a chaotic environment in which to work, but MGI members are managing to cope with the situation and thrive
Venezuela is a chaotic environment in which to work, but MGI members are managing to cope with the situation and thrive
Venezuela is a chaotic environment in which to work, but MGI members are managing to cope with the situation and thrive Against a backdrop of high inflation, falling multinational investment and political violence, MGI Briner y Asociados and MGI P&P Asociados have overcome the difficulties facing businesses in Venezuela to create a situation that works for them MGI Latin America Member firms involved MGI Briner y Asociados Maracaibo, Venezuela MGI P&P Asociados Caracas, Venezuela Reduced value of the bolivar and loss of professional staff Inflation has been one of the biggest challenges for companies in Venezuela to overcome in recent years and the accounting profession has not been overlooked in this. A firm invoicing for Bs.8,000,000 bolivars three years ago could expect to get