Finance

In the business world, knowing how to financially manage the company is vital for its development. To do so efficiently, it is necessary to be clear about the financial risk to which the company is exposed. If this type of risk is not carefully considered and valued, the company may have significant losses, it is … Read more

The financial analysis seeks to obtain some measures and relationships that facilitate decision making certain tools and techniques for several purposes, among which we can mention the following: Get a preliminary idea about the existence and availability of resources to invest them in a given project. It helps us to get an idea of ​​the … Read more

It is no secret that the economy in Canada is quite favorable mainly for the middle class, however, it has surely gone through the minds of many to compare what can be gained compared to the southern neighbor, the United States. Well, the news is that Canadians have higher incomes than Americans. This was confirmed … Read more

If we can be sure of something, the tax and accounting procedures always change. Since the use of electronic invoicing or digital payroll was approved, companies have been forced to adopt technologies that allow accountants to be more effective in their daily work. Given this scenario, it becomes necessary for companies and independent professionals to … Read more

The currency does not have a real value, it has a repressive value of the wealth of the country from where it is, that is why when it comes to monetary devaluation, the decrease in the nominal value of a specific currency must be understood when compared to a currency of another country. There are … Read more

In the economic field, auditing involves evaluating and measuring in depth the characteristics of an organization in order to show its weaknesses and strengths taking into account a number of factors, such as efficiency and profitability. Audit means the action of analyzing in an exhaustive and detailed way different characteristics of a business or a … Read more

The financial capital is the total amount of assets a company has, first subtracting liabilities to assets, and the resulting figure is the heritage obtained. Keep in mind that financial capital is the amount of money invested in various financial entities and not in production processes. The money previously invested in financial institutions would be … Read more

The operational audit is that focused on thoroughly evaluating the use of the resources that an organization has and if it efficiently and in a quality way achieves its set objectives. Through the performance of an operational audit companies and institutions of all kinds have the possibility to study whether they work in a manner … Read more

The financial expenses are those that are produced by third party financing agents or by charging various services for certain corporate finance activities such as the production of this. Companies or people with businesses use this tool regularly to start up their commercial or productive activities. The financial expenses are being resources or money from … Read more

The financial intermediaries are specialized institutions that bridge in financial operations. As the name implies, its main function is to be intermediaries between two parts of the market, those who wish to save their funds and invest them, and those who wish to apply for a loan. They usually raise funds in the short term … Read more

Agio is defined as a benefit, commission or profitability obtained with the exchange of currency or the discount of means of payment such as I will pay. In relation to the stock market is the difference between the parity and market value of a security. The word agio actually has several definitions. We have focused … Read more

A means of payment is an instrument that allows you to buy a product, hire services or cancel all kinds of debts. Therefore, we can say that it is a good, such as money, or an instrument, such as a credit card, that allows you to buy something or pay a debt. Money, in fact, … Read more

Cash book or accounting of income and expenses, is the where one made a record of monetary entries and exits, so that a final balance is calculated as the difference between the two. This method is, therefore, a simple entry of each of the accounts, but without counterpart. In this way, it is indicated when … Read more

The types of remittances are the ways in which remittances can be classified according to how they enter a country and its payment process. The channels through which remittances can be transferred are very varied, you can be sent through: Banks Money transfer services Credit associations Hawala Companies Check by mail Friends or family Informal … Read more

What is the usufruct? The usufruct is the real right of enjoyment or enjoyment of a good that does not belong to us, that is, of an alien thing. This translates in legal terms to the possession of the thing, but not to its property. In conclusion, the usufruct is the right to use and … Read more

A treasurer is a corporate position whose main task is the management of monetary funds (money) of an institution and related economic movements. In this way, anyone who is responsible for keeping the accounts of a business, association, club members or similar, is a treasurer. It is perhaps one of the positions of greater responsibility, … Read more

Taxable interest refers to those income associated with an interest charge from positive economic and financial activities for the company. This implies two things, on the one hand, that the interests credited in favour in the accounting books are subject to subsequent taxes. This means that they do not represent a net profit until after … Read more

A remittance in general can be defined as sending money in cash, checks or transfers from one country to another. Also a consignment can be understood as an international transfer of money, because it is sent from one person to another, it is international because to be a remittance the destiny of money must be … Read more