PKF PANAMÁ

What PKF PANAMÁ does

PKF Panamá operates under the legal name Ávila y Asociados S.A., established in 1981 and headquartered in Panama City. It is the Panamanian member firm of PKF International, the global accounting network ranked 15th in the International Accountancy Network with presence in 150 countries, more than 200 member firms, 500+ offices, and aggregate fee income exceeding US$2 billion. PKF Panamá forms part of the PKF Central America regional cluster alongside member firms in El Salvador, Guatemala, Honduras, and Nicaragua, and has access to the PKF Caribbean Cluster for additional regional knowledge sharing.

The firm delivers four core professional service lines: Audit & Assurance (external auditing, reviews, and agreed-upon procedures for clients ranging from entrepreneurial businesses to listed companies); Tax Services (income tax, ITBMS/VAT, transfer pricing, and compliance with the DGI and electronic invoicing regulations); Consulting/Advisory (management consulting, corporate finance, financial planning, IT consulting, hospitality consulting, and management advisory); and Business Solutions/Outsourcing (payroll administration, accounting outsourcing, and back-office support). The wholly-owned subsidiary Servicios 15 y 30 S.A., created in 2011, specializes in payroll processing, labor liquidations, Planilla 03 reporting, severance fund administration (Fondo de Cesantías), and CSS SIPE reporting. Allied firms Contadores Tributarios & Financieros (CTF) and QP Consultores LATAM extend the firm's reach into traditional accounting and digital transformation consulting respectively.

PKF Panamá operates a partner-led engagement model in which each client is served directly by a partner as primary point of contact. Fees are negotiated on a per-engagement basis and are not publicly disclosed. The firm targets a horizontally diversified client base spanning entrepreneurial and growing businesses, fully listed and large corporations, and non-profit organizations. Marketing is conducted through the PKF Central America regional website, LinkedIn, participation in PKF Global events, and cross-referrals through the international member network. The firm has 21 employees and no disclosed revenue, funding, or external investment.

Name

PKF PANAMÁ

Legal name

Ávila y Asociados S.A.

Website

https://pkf-central-america.com

Company type

Private

Operating status

Operating

Short description

PKF Panamá (Ávila y Asociados S.A.) is the Panamanian member firm of PKF International, providing audit, tax, advisory, and outsourcing services to entrepreneurial businesses, listed corporations, and non-profits in Panama through a partner-led engagement model.

Ownership category

akta.pro rank

Product category

Professional Services — Audit, Tax & Advisory

NAICS

Offices of Certified Public Accountants (541211)

SIC

Services-Management Services (8741)

akta.pro primary industry

Outsourced Finance & CFO Services (BPAHABAE)

akta.pro secondary industries

Tax Operations Support (Indirect Tax, Withholding, Compliance Admin) (BPAAAGAI), Financial Planning & Analysis Support (Budgeting, Forecasting, Management Reporting) (BPAAAGAJ)

Keywords

• Audit assurance services
• Tax compliance advisory
• Business consulting services
• Payroll administration outsourcing
• Corporate finance advisory

Headquarters

HQ city

Panama City

HQ country

Panama

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Audit and Assurance Services: External auditing, reviews, and agreed-upon procedures for clients ranging from entrepreneurial businesses to listed companies.
2. Tax Services: Tax compliance, planning, and advisory services covering income tax, ITBMS, and other Panamanian tax obligations.
3. Business Consulting and Advisory: Management consulting, corporate finance, financial planning, IT consulting, hospitality consulting, and management advisory services.
4. Business Solutions / Outsourcing: Payroll administration, accounting outsourcing, and back-office business services. Includes Servicios 15 y 30 S.A. subsidiary offering payroll processing, labor liquidations, Planilla 03 reporting, and CSS SIPE reporting.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

PKF Panamá (Ávila y Asociados S.A.) is a professional services firm providing audit and assurance, tax compliance and advisory, business consulting, and outsourced business solutions — including payroll administration through its wholly-owned subsidiary Servicios 15 y 30 S.A. — to entrepreneurial businesses, fully listed companies, and non-profit organizations in Panama and the broader Central American region.

Product overview

PKF Panamá is an accounting and business services firm operating as part of the PKF International network. The firm offers a portfolio of four core professional services: Auditoría (Audit & Assurance), Impuestos (Tax Services), Consultoría (Advisory), and Servicios de Negocios (Business Solutions). These services are delivered through the main firm Ávila y Asociados S.A. and supplemented by subsidiary and allied companies including Servicios 15 y 30 S.A. for specialized payroll administration, and QP Consultores LATAM for digital transformation consulting. The product architecture is structured as a unified professional services offering with specialized additions addressing specific client needs such as payroll processing and digital transformation.

Differentiator

Problem solved

Functional benefit

Products and services

• Auditoría (Audit & Assurance) External audit and assurance services providing verification of financial statements, compliance audits, and independent financial reporting reviews for businesses operating in Panama and the Central American region.
• Impuestos (Tax Services) Tax advisory and compliance services including tax planning, corporate taxation, personal income tax, VAT (ITBMS) management, and transfer pricing guidance for Panama-based and regional clients.
• Consultoría (Business Advisory) Business advisory services offering strategic consulting, management consulting, corporate finance, financial planning, IT consulting, hospitality consulting, and specialized advisory across multiple industries including hospitality, finance, and manufacturing sectors.
• Servicios de Negocios (Business Solutions / Outsourcing) Business solutions including outsourcing services, payroll administration, accounting services, and back-office operational support for companies seeking efficiency in non-core finance and HR functions.
• Servicios 15 y 30 S.A. (Specialized Payroll Administration) Specialized payroll administration offering payroll processing, labor liquidations, Planilla 03 reporting to DGI, severance fund management (Fondo de Cesantías), labor law advisory, and CSS SIPE reporting, delivered through a 100% subsidiary of Ávila y Asociados S.A.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and minor.

• PKF El SalvadorcoreStrategic or Co-development PartnerPKF El Salvador is one of the five member firms that compose PKF Central America, serving clients in El Salvador as part of the regional network.
• PKF InternationalcoreStrategic or Co-development PartnerPKF Central America is a selection of member firms of PKF International, which is ranked 15th in the International Accountancy Network. PKF International has a presence in 150 countries across five regions, comprising over 200 firms and operating through a network of more than 500 offices generating aggregate fee incomes of over US$2 billion. PKF member firms share global best practices, have access to worldwide specialists, and can serve clients across borders through the network.
• Arévalo Pérez, Iralda y Asociados, S.C. (Guatemala)coreStrategic or Co-development PartnerArévalo Pérez, Iralda y Asociados, S.C. is the PKF member firm in Guatemala, forming part of the PKF Central America network.
• PKF & Co. - Tovar Lopez (Honduras)coreStrategic or Co-development PartnerPKF & Co. - Tovar Lopez is the PKF member firm in Honduras, providing audit, tax, and advisory services as part of the Central America cluster.
• Guerra & Co (Nicaragua)coreStrategic or Co-development PartnerGuerra & Co is the PKF member firm in Nicaragua, serving clients in Nicaragua as part of the PKF Central America network.
• Ávila y Asociados S.A. (Panama)coreStrategic or Co-development PartnerÁvila y Asociados S.A. is the PKF member firm in Panama and the primary entity representing PKF in Panama. It offers audit, tax, advisory, and business solutions services.
• PKF Caribbean ClusterminorStrategic or Co-development PartnerPKF member firms in Central America have access to techniques and guidance through the Caribbean Cluster, a regional grouping within the PKF Global network that facilitates knowledge sharing and collaboration across member firms.
• Servicios 15 y 30 S.A.coreOthersServicios 15 y 30 S.A. is a 100% subsidiary of Ávila y Asociados S.A. (PKF Panama). Established in 2011, it provides payroll administration services including payroll processing, labor liquidations, Planilla 03 reporting to DGI, severance fund administration (Fondo de Cesantías), labor law advisory, and CSS SIPE reporting. Managed by Miguel Araúz.
• Contadores Tributarios & Financieros (CTF)minorOthersCTF is a related accounting firm under the Empresas Aliadas (Allied Companies) section of PKF Panama's website. They offer specialized auditing, tax, and consulting services with over 60 years of tradition and expertise, serving clients at the national level. They are members of the Colegio de Contadores de Panamá.
• QP Consultores LatamminorOthersQP Consultores Latam is a regional company with over 4 years of experience specializing in business optimization processes and digital transformation. They focus on strengthening operational, accounting, fiscal, and financial processes and controls for clients, helping them effectively manage technology tools.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Deloitte Panamá: Panama office of the Big 4 firm Deloitte, providing audit, tax, consulting, and advisory services to enterprise and mid-market clients in the same Panamanian regulatory environment as PKF Panamá.
• PricewaterhouseCoopers (PwC) Panamá: Panama office of PwC, one of the Big 4 accounting networks, offering audit, tax, and advisory services that directly compete with PKF Panamá for the same mid-market and large corporate clients.
• Ernst & Young (EY) Panamá: EY's Panama practice delivers audit, tax, and advisory services and competes with PKF Panamá for both domestic Panamanian companies and multinational subsidiaries operating in Panama.
• KPMG Panamá: KPMG's Panama office provides audit, tax, and advisory services across the same client segments as PKF Panamá, including financial services, hospitality, and large corporate clients.
• BDO Panamá: BDO's Panama member firm is a mid-tier international accounting network peer offering audit, tax, advisory, and outsourcing services — a directly comparable alternative to PKF Panamá in both scale and service mix.
• Grant Thornton Panamá: Grant Thornton's Panama office is a mid-tier network peer offering audit, tax, and advisory services with similar client profile and partner-led delivery model as PKF Panamá.
• Baker Tilly Panamá: Baker Tilly's Panama member firm is a mid-tier network competitor providing audit, tax, and advisory services to mid-market and entrepreneurial clients in the same market as PKF Panamá.
• RSM Panamá: RSM's Panama office provides audit, tax, and consulting services as a mid-tier international network competitor with comparable positioning to PKF Panamá for mid-market clients.
• Crowe Panamá: Crowe's Panama member firm operates in the same mid-tier accounting network space as PKF, offering audit, tax, and advisory services to a comparable client base.
• Moore Panamá: Moore's Panama member firm is a mid-tier international accounting network peer offering audit, tax, and advisory services competing with PKF Panamá for similar mid-market and entrepreneurial clients.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/TeamPKF
• LinkedInlinkedin.com/company/avila-y-asociados-s-a
• Instagraminstagram.com/pkfpanama

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

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 PKF PANAMÁ