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18 AREAS OF EXPERTISE

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WONE professional profile

Miguel Angel Asencio Asencio

Founder, Managing Partner · Summare Capital Solutions SC

Miguel has more than 30 years of experience with national and international exposure, 19 years with Deloitte Mexico from February 1998 through November 2016, serving multinational clients on different industries such as mining, power generation, oil & gas, automotive, manufacturing, TMT, construction, trading and services.  The last 10 years performing as audit and business advisory partner.  Currently, Miguel is audit and business advisory partner at Summare Capital. Miguel worked at the Deloitte New York City office, in the United States of America (USA) for 2 years on the audit function. He is a Certified Public Accountant (CPA) in the USA by the New Hampshire Board of Accountancy, as well as in Mexico by the Mexican Institute of Public Accountants.   He has experience on acquisitions, mergers, spin offs & IPOs. Miguel is currently the Independent Statutory Examiner (Comisario Profesional Independiente) for some multinational companies. •Certified Fraud Examiner by the Association of Certified Fraud Examiners (ACFE) of the United States of America.

Miguel Angel Asencio Asencio
Home market
Mexico
Location
Mexico City
Experience
34+ years
Areas of expertise
5
Markets
1
Industries
4
PROFESSIONAL PROFILE

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About the professional.

  Miguel has more than 30 years of experience with national and international exposure, 19 years with Deloitte Mexico from February 1998 through November 2016, serving multinational clients on different industries such as mining, power generation, oil & gas, automotive, manufacturing, TMT, construction, trading and services.  The last 10 years performing as audit and business advisory partner.  Currently, Miguel is audit and business advisory partner at Summare Capital.   Miguel worked at the Deloitte New York City office, in the United States of America (USA) for 2 years on the audit function. He is a Certified Public Accountant (CPA) in the USA by the New Hampshire Board of Accountancy, as well as in Mexico by the Mexican Institute of Public Accountants.   He has experience on acquisitions, mergers, spin offs & IPOs.   Wide experience as Lead Client Service & Audit Engagement Partner, implementing audit strategies and coordinating efforts of the different specialists such as taxes, financial advisory & IT, as well as interacting and reporting with peers and teams of Principal Auditors and Holding Companies locally and abroad. Miguel is currently the Independent Statutory Examiner (Comisario Profesional Independiente) for some multinational companies. Miguel has extensive experience to take care of companies reporting under IFRS, US GAAP, MEX FRS, and perform audits under IAS/US GAAS/PCAOB Standards and file audited reports before the Stock Exchanges in México, Canada, USA, Europe & Japan.  Further, Miguel advises multinational companies on specialized IFRS/MEX FRS and US GAAP specialized topics. •Miguel is a graduate of the School of Business and Administration at the National Polytechnic Institute (IPN). •Miguel attended and concluded the Executive Management Development Program at the IPADE Business School. •Professional Independent Board Members Program at the Mexican Institute of Best Corporate Practices (IMMPC). •Program in Structuring Public Offerings (Equity and Debt) by the Mexican Association of Securities Intermediaries (AMIB) and the National College of Financiers (CONAFIN). •Money Laundering Program by the Mexico City Board of Accountancy. •  Miguel keeps current the following memberships:   •Mexico City Board of Accountancy (CCPM). •American Institute of Certified Public Accountants (AICPA). •Member of the National Technical Committees on Financial Reporting Standards, Comprehensive Risk Management, Strategic Management and Corporate Governance at the Mexican Institute of Finance Executives (IMEF).  •Former President of the National Technical Committee for Comprehensive Enterprise Risk Management at IMEF •  Miguel keeps current the following certifications - licenses: •Mexican Institute of Public Accountants (IMCP) Cert. No. 10795, to issue Independent Audit, Accountant and other Independent Reports. •New Hampshire Board of Accountancy (NHBA - USA) No. 3516 to issue Independent Audit, Accountant and other Independent Reports. •Registry to issue Independent Statutory Tax Reports before the Tax Administration System(SAT- AGAFF) No. 16939. •Independent Professional Counselor by the IMMPC. •Certified Fraud Examiner by the Association of Certified Fraud Examiners (ACFE) of the United States of America.
PRACTICE AREAS & SPECIALISMS

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Connected corridorsUnited States ↔ MexicoMarket access · Capital & transactions · Trade & supply chain · People & operations↗
PUBLIC PRACTICE RECORD

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REPRESENTATIVE MATTERS
- Multiple audit/assurance engagements. - Comprehensive IFRS Adoption/Implementation Process. - IFRS/US GAAP/MEX GAAP Multiple training programs provided to different clients. - Performance of some forensic audits.
NOTABLE CLIENT CONTEXT
Nissan Mexicana Renault Mexicana Braskem Idesa Endemolshine Boomdog Banijay Grupo GICSA KidZania Toshiba Global Commerce Services GEMEX
QUALIFICATIONS & PROFESSIONAL ACTIVITY

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CERTIFICATIONS
  • •Miguel is a graduate of the School of Business and Administration at the National Polytechnic Institute (IPN). •Miguel attended and concluded the Executive Management Development Program at the IPADE Business School. •Professional Independent Board Members Program at the Mexican Institute of Best Corporate Practices (IMMPC). •Program in Structuring Public Offerings (Equity and Debt) by the Mexican Association of Securities Intermediaries (AMIB) and the National College of Financiers (CONAFIN). •Money Laundering Program by the Mexico City Board of Accountancy. •  Miguel keeps current the following memberships:   •Mexico City Board of Accountancy (CCPM). •American Institute of Certified Public Accountants (AICPA). •Member of the National Technical Committees on Financial Reporting Standards, Comprehensive Risk Management, Strategic Management and Corporate Governance at the Mexican Institute of Finance Executives (IMEF).  •Former President of the National Technical Committee for Comprehensive Enterprise Risk Management at IMEF •  Miguel keeps current the following certifications - licenses: •Mexican Institute of Public Accountants (IMCP) Cert. No. 10795, to issue Independent Audit, Accountant and other Independent Reports. •New Hampshire Board of Accountancy (NHBA - USA) No. 3516 to issue Independent Audit, Accountant and other Independent Reports. •Registry to issue Independent Statutory Tax Reports before the Tax Administration System(SAT- AGAFF) No. 16939. •Independent Professional Counselor by the IMMPC. •Certified Fraud Examiner by the Association of Certified Fraud Examiners (ACFE) of the United States of America.
CONNECTED FIRM

Summare Capital Solutions SC

We are a Firm of Integral Professional Services of Auditing, Local and International Specialized Accounting Advisory and Business and Tax Consulting, formed by experienced partners with global and local capabilities that provides tailor-made solutions to its clients and with the direct and close attention of…

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CONNECT & CONTACT

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Email masencio@summarecs.com.mx Send email → Phone +52 (55) 3333 8150 Call direct →
OFFICE LOCATION Avenida Insurgentes Sur 605, Oficina 606 Col. Napoles, Mexico City, 03810 Phone number: +52 (55) 3333 8150 Mexico City · Mexico
Linkedin Miguel Angel Asencio Asencio Open profile ↗
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