Released on: November 29, 2007, 7:09 am

Press Release Author: Kempton Bedell-Harper

Industry: Financial

Press Release Summary: Addition of Nicaraguan CPA firm strengthens coverage of
Russell Bedford accounting group in Central America.


Press Release Body: Russell Bedford International, the worldwide network of
independent accounting and consulting firms, has announced that Suárez, Flores &
Asociados Cía. Ltda. has joined the network as a correspondent firm in Nicaragua,
Central America.

Suárez, Flores & Asociados Cía. Ltda. was founded in 1997 and is a public accounting
and audit firm based in Managua, the capital city of Nicaragua. The firm\'s services
are predominantly auditing, together with accounting, tax and business consulting.
Its specialist experience includes audits of international aid funded projects and
public sector bodies.

Suárez, Flores & Asociados has three principals who are all licensed as Contadores
Públicos Autorizados (CPAs) and are active members of the Colegio de Contadores
Públicos de la República de Nicaragua (Association of Public Accountants of
Nicaragua).

Marvin Suárez López is the founder and managing partner of the firm. His previous
experience includes positions as internal auditor in the CARE International
organisation in Nicaragua, finance officer for the Centre for Education for
Democracy, and five years in the Ministry of Finance in various positions such as
director of Customs Control, director of Internal Control & Systems in the Customs
Directorate, and financial auditor in the Treasury Department. He also held
positions with several private companies. In his ten years running his own
professional practice, Mr Suárez has developed specialist experience in financial
and operational audits, economic feasibility studies, accounting systems and
investment projects. Mr Suárez has postgraduate qualifications in management and
financial administration and in the management of investment projects.

Mauricio Jose Flores is a principal who specialises in audits, general accounting,
public sector accounting and the development of accounting manuals and regulations.
Before joining his present firm, he was with the Directorate General of Customs as
head of the Financial Audit Department, the government-owned Insumos no Médicos
corporation as accounts and administration director, I.C.I. Nicaragua as finance
director, and the ENACAL company as finance director.

Francisco Perz Ubilla, the third principal, has specialist accounting expertise in
the public, farming and banking sectors. He also specialises in taxation, HR
management and auditing. Previously he had various positions in the Ministry of
Finance including director of Internal Control & Systems in the Treasury Department.
He also had five years in another financial consulting and accounting firm.

For further information, contact Marvin Gregorio Suárez López at Suárez, Flores &
Asociados Cía. Ltda. on +505 2400924 / 8802186. Alternatively, visit the website at
www.russellbedford.com .

END

Notes to the Editor

Russell Bedford International was established in 1983 by a group of medium-sized
independent accounting practices aiming to counter the market dominance of the major
multi-national accounting firms.

Russell Bedford is now a closely-connected global network of independent accounting
and business consultancy firms in key locations around the world, and is represented
by some 200 offices in more than 70 countries in Europe, the Americas, the Middle
East, Africa and Asia-Pacific.

All Russell Bedford affiliates are well-established firms offering international
business advice and services to local and multinational clients. Most provide a
full range of services comprising accounting, auditing, tax advice, general business
guidance and financial consulting. In addition, many have specialist expertise in
particular fields, such as international taxation or information technology.


Web Site: http://www.russellbedford.com

Contact Details: Kempton Bedell-Harper
Marketing Director
Russell Bedford International
Russell Bedford House
250 City Road, London EC1V 2QQ
United Kingdom
T: +44 (0) 20 7410 0339 / 7490 7766
F: +44 (0) 20 7549 2337 / 7490 5102
E: info@russellbedford.com