Fortunato y Asociados

What Fortunato y Asociados does

Fortunato y Asociados Limitada is a Chilean auditing and consulting firm headquartered in Valparaíso, operating continuously since 1998. The firm delivers professional services to two principal client bases: private companies seeking financial statement audits, internal control design, and technological risk assessment, and public-sector entities — particularly municipalities — requiring audit, advisory, and compliance work including IPSAS/NIC SP convergence training, risk matrix development, quality management, and medical license recovery services. Its commercial model is sales-led and relationship-driven, with quote-based professional services pricing, multi-year engagements, and direct delivery through its Valparaíso office (Prat #827 Oficina 1201) plus phone and email support; no intermediary channel or digital marketing presence is evident.

The service portfolio is anchored on four core offerings — Auditoría Estados Financieros (financial statement audit), Control de Gestión (management control and internal audit), Evaluación de Riesgo Tecnológico (technology risk assessment), and Sistema de Control y Gestión de Activo Fijo (fixed asset management) — supplemented by municipal-sector advisory and a technology implementation practice covering management software and web application development. The technology stack is built on open-source, licensed-free tools emphasizing IT security best practices rather than proprietary AI or platform IP. The firm is independently owned as a Chilean limitada under founder control, with Franco Fortunato G. as Audit Partner, Alfredo Villarroel F. as General Manager, and Luis Flores B. leading Information Technology.

Strategic positioning rests on regulatory authorization (CMF Registration No. 45-25-01-2024 authorizing regulated-entity audit work), ISO 9001:2015 quality certification, and a multidisciplinary team spanning auditors, engineers, lawyers, statisticians, psychologists, architects, and public administrators. Geographic footprint is domestic to Chile, primarily the Valparaíso region with national public-sector reach. The firm has no disclosed external funding, M&A activity, or institutional investment, and operates with a headcount in the 11-50 employee range. Revenue figures are not publicly disclosed.

Name

Fortunato y Asociados

Legal name

Fortunato y Asociados Limitada

Website

https://fortunato.cl

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Fortunato y Asociados is a Chilean auditing and consulting firm based in Valparaíso, founded in 1998. It provides financial statement audits, management control, technological risk assessment, and municipal public-sector advisory services to private companies and government entities across Chile.

Ownership category

akta.pro rank

Product category

Audit and Advisory Services

NAICS

Offices of Certified Public Accountants (541211)

akta.pro primary industry

Security Audits & Compliance (ISO 27001, SOC 2, PCI DSS, HIPAA, SOX) (BPAKADAC)

Keywords

• Financial statement auditing
• Internal control systems
• Technological risk assessment
• Municipal consulting services
• Public sector advisory

Headquarters

HQ city

Valparaiso

HQ country

Chile

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Financial Statement Auditing: Audit services performed in accordance with accounting principles and auditing standards accepted by the profession and relevant regulatory bodies. The main objective is to provide an opinion on whether financial statements reflect the financial position and results of operations reasonably.
2. Management Control Services: Design and implementation of internal control systems that provide management with timely deviations from planning. Includes execution of work plans typical of an internal audit/contraloría unit.
3. Technological Risk Assessment: Evaluation of technology-related risks including cybersecurity issues, system interruptions, hardware or software failures that may threaten organizational assets.
4. Municipal and Public Sector Consulting: Quality management services, medical license recovery, risk matrix development, training and convergence to International Public Sector Accounting Standards (IPSAS), financial statement audits for municipal authorities.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Fortunato y Asociados Limitada is a Chilean auditing and consulting firm that performs financial statement audits, implements management/control systems, and assesses technological risk for private companies and public-sector entities. It also delivers a dedicated suite of municipal advisory services—including fixed asset control, municipal service quality management, medical license recovery, risk matrix construction, and IPSAS (NIC SP) convergence training—targeting Chilean municipalities registered with the Ministry of Finance.

Product overview

Fortunato y Asociados Limitada is an auditing and consulting firm with over 20 years of experience serving both private and public sector clients in Chile. The company offers a portfolio of professional services organized around four core offerings: (1) Auditoría Estados Financieros for financial statement audits, (2) Control de Gestión for internal control and management audit systems, (3) Evaluación de Riesgo Tecnológico for technology risk assessment, and (4) Sistema de Control y Gestión de Activo Fijo for fixed asset management. Additionally, the firm provides municipal and public sector advisory services including quality management, medical license recovery, risk matrix development, and IPSAS convergence training. The technology capability division handles management software implementation and web application development using open-source tools.

Differentiator

Problem solved

Functional benefit

Products and services

• Auditoría de Estados Financieros (Financial Statement Audit) External audit of a client's financial statements, providing an opinion on whether the statements give a true and fair view in accordance with the applicable financial reporting framework. Targeted at private-sector companies and other entities that require statutory or voluntary audit opinions, with credibility backed by the firm's CMF registration and ISO 9001:2015 certification.
• Control de Gestión (Management Control) Design and implementation of management/operational control systems to help organisations monitor performance and improve internal governance. Targeted at companies seeking to professionalise their internal control environment alongside their external audit.
• Evaluación de Riesgo Tecnológico (Technology Risk Assessment) Diagnostic of technology-related risks using IT-security best practices, covering areas such as access controls, systems integrity, and data protection. Targeted at organisations that need an independent view of their technology-risk posture, often delivered alongside the financial audit.
• Sistema de Control y Gestión de Activo Fijo (Fixed Asset Control and Management System) Design and implementation of fixed asset control and management systems, typically delivered through database and spreadsheet tools, to enable organisations to track, value, and account for their tangible assets. Targeted at private companies and public-sector/municipal clients needing better asset stewardship.
• Gestión de Calidad de los Servicios Municipales (Municipal Service Quality Management) Consulting engagement to improve the quality of services delivered by municipal governments, addressing process design, controls, and operational performance. Targeted at Chilean municipalities, delivered under the firm's Ministry of Finance registration for municipal consulting.
• Recuperación de Licencias Médicas (Medical License Recovery) Service to recover funds associated with medical licenses (licencias médicas), a common public-sector subsidy recovery process in Chile. Targeted at municipalities and public-sector employers seeking to optimise recovery of these entitlements.
• Confección de Matrices de Riesgos (Risk Matrix Development) Design and construction of risk matrices to help organisations identify, assess, and prioritise their operational, financial, and compliance risks. Targeted at private companies and public-sector entities seeking to formalise their risk management frameworks.
• Diagnóstico, Capacitación y Convergencia a NIC SP (IPSAS Diagnostic, Training and Convergence) Diagnostic, training and implementation services to help public-sector entities converge their accounting frameworks toward International Public Sector Accounting Standards (NIC SP in Spanish). Targeted at Chilean municipalities and other public-sector bodies preparing for IPSAS adoption.
• Capacidad Tecnológica / Implementación de Software (Technology Capability and Software Implementation) Advisory and implementation support for clients adopting new software systems, including assessment of technological capacity and rollout support. Targeted at organisations undertaking technology modernisation projects, leveraging the firm's in-house IT partner capability.

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Deloitte Chile: Deloitte is a Big 4 firm with a Chilean practice spanning audit, consulting, tax, and advisory services, including public-sector engagements. It is a broader incumbent overlapping with Fortunato in regulated-entity and municipal audit work but at significantly larger scale.
• PwC Chile: PwC is a Big 4 firm with a Chilean office providing audit, tax, and advisory services including public-sector practice. It is a broader incumbent that competes with Fortunato for larger regulated-entity and government audit mandates.
• EY Chile (Ernst & Young): EY is a Big 4 firm with a Chilean presence providing audit, tax, consulting, and advisory services including public-sector practice. It is a broader incumbent competing with Fortunato at the larger end of the municipal and regulated-entity audit market.
• KPMG Chile: KPMG is a Big 4 firm with a full Chilean practice offering audit, tax, and advisory services across all major industries including a dedicated public-sector practice. It is a broader incumbent that overlaps with Fortunato in the municipal and SMB audit market but at much larger scale.

Direct peers

• RSM Chile: RSM is a global mid-tier audit and consulting network with Chilean operations serving middle-market private and public-sector clients. It competes directly with Fortunato for outsourced audit, internal control, and advisory mandates in Chile.
• BDO Chile: BDO is a global mid-tier audit and advisory network with a strong Chilean presence. Like Fortunato, BDO Chile serves mid-market private companies and public-sector clients with audit, tax, and consulting services, making it a direct competitor for the same SMB and municipal mandates.
• Mazars Chile: Mazars is an international audit and advisory network with a Chilean presence serving mid-market private and public-sector clients. It competes directly with Fortunato for audit, internal control, and consulting engagements in the Chilean market.
• Crowe Chile: Crowe is a global mid-tier audit and advisory network with Chilean operations. It serves middle-market private companies and public-sector entities with audit, tax, and consulting services, directly comparable to Fortunato's positioning.
• Grant Thornton Chile: Grant Thornton is an international mid-tier accounting network operating in Chile, providing audit, tax, and advisory services to mid-market enterprises and public-sector entities. It directly competes with Fortunato for the same municipal and mid-market audit engagements.
• Baker Tilly Chile: Baker Tilly operates an international audit and advisory network with a Chilean member firm. It targets mid-market companies and public-sector clients with audit, tax, and consulting services—directly overlapping with Fortunato's service portfolio and client base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fortunato y Asociados