Location: New York, NY | Willemstad Curaçao | Remote office Paramaribo Suriname | Managing Director: Rocher Cyrus CPA, CGMA
Description: The company is innovating the audit and accounting profession through Education, Technology, and Connectivity.
Following a career exceeding thirteen years at PwC and KPMG, Rocher Cyrus CPA, CGMA founded Global International Management, LLC with the purpose to innovate the audit and accounting profession. “We are not your typical Audit, Accounting, and Advisory firm. We strive to innovate the audit and accounting profession via education, technology, and connectivity. The company’s client services are based on innovation, as we strongly believe it is the only way to remain relevant and ahead within a fast-changing world. The technology to innovate is available. We only need to embrace it at a much faster pace,” says Cyrus.
Global International Management is completely innovating the way future accountants are trained to help them become successful professionals in the evolving business world. The company calls its approach the “future of learning” where students can prepare and learn with its Artificial Intelligence (AI) learning tool. “Learning in 2019 should be personalized, and students should be able to learn in a way that fits their professional and personal lifestyle. Therefore, our students can study anywhere and anytime, as most of them are focused on advancing their careers and need to make the most out of their time,” says Cyrus. The delivery method of the Artificial Intelligent (AI) Becker Software learning tool also enables the company to reach students in all parts of the world, such as the Caribbean, South America, and Europe. Internationally, Global International Management is most known for its Becker United States Certified Public Accountant (US CPA) program. The company provides international students with access to the AI Becker Software and helps them with their application process for the US CPA Exam—from the initial application up to the day the students obtain their license.
Also, Global International Management believes in lifelong learning of audit and accounting professionals. The company helps current accountants improve their existing skills and knowledge on subjects such as Blockchain, Artificial Intelligence (AI), Robotic Process Automation (RPA), Data Analytics, and Cybersecurity. “We organize annual learning seminars in the regions that we are active in,” states Cyrus.
He further mentions that for auditors and finance professionals who need to embrace technology to stay relevant and protect the public interest, there is a confusion on “where to start and what type of technology to choose?” Global International Management is at the forefront of monitoring and evaluating technological developments that are important for clients. This is done by performing extensive testing and due diligence, to evaluate, conclude and select ideal technological partners.
“New technological solutions should be scalable and applicable to the markets and clients that we work with. As most regional financial institutions, audit firms and companies are using our selected tools and technology, it validates that we know we made the right decision,” adds Cyrus. Such technology is for example:
• Confirmation: One of Global International Management’s selected tools is Confirmation, which is part of Thomson Reuters. Confirming financial data through bank confirmations or lawyer letters should be easy. However, using traditional manual paper-based processes, it’s often difficult. Confirmation is the platform for easy validation of financial and other sensitive data. More than 16,000 audit firms, 4,000 banks and departments, and 5,000 law firms are using Confirmation within 170 countries, processing more than one trillion US dollars in confirmations each year.
• Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standards (CRS): International financial institutions struggle to comply with the FATCA and/or CRS rules and regulations. While most of them report on an annual basis to the local tax authorities or directly to the IRS, they are struggling with the setup and execution of robust due diligence procedures. Global International Management’s automated FATCA and CRS solutions are eliminating the complexity of manual procedures.
• Cybersecurity: With its cybersecurity simulation, companies are confronted with challenges that they could face if they are under attack. Global International Management has a Cybersecurity Risk Management Program that can help companies’ set-up, test, and improve their cybersecurity posture.
“Most clients ask why the firm’s name is Global International Management. We are mainly focused on helping “remote areas” and what we call “underserved regions”. From experience, we can tell how difficult it is to connect these regions and bring them up to speed. With our name and purpose, we wanted to clearly emphasize how important it is that we seek international cooperation in a more globalizing world,” says Cyrus.
From offices in Curaçao and New York, Global International Management serves a broad base of clients demonstrating its global footprint. Most of the clients are audit firms, financial institutions, governments, and corporations within the U.S., (Dutch) Caribbean, South America, and Europe. Additionally, the company has a broad base of US CPA students from these companies and regions.
GLOBAL INTERNATIONAL MANAGEMENT’S UNIQUE VALUE
They are a boutique firm staffed with professionals of outstanding accomplishments. Also, the company has powerful exclusive partnerships for several selected market regions that they serve with Confirmation (part of Thomson Reuters), RIVIO, Becker Professional Education, the American Institute for Certified Public Accountants (AICPA) and the Association of International Certified Professional Accountants.
AICPA & CIMA 2019: 2-DAY BLOCKCHAIN SEMINAR ON THE DUTCH CARIBBEAN ISLAND OF CURAÇAO
“On December 9th and 10th of 2019, we will have a 2-day AICPA & CIMA Blockchain Seminar on the Dutch Caribbean Island of Curaçao. Participants will receive 16 Continuing Professional Education (CPE) credits. This is a perfect retreat for US Companies wanting to combine a high-quality learning experience with leisure time in a beautiful location. There are direct flights from Miami, Charlotte, and New York to Curaçao. More about our event can be found on our website www.globalintmanagement.com,” mentions Cyrus.