Articles Tagged ‘money’
The working capital management refers to management of all company accounts including all assets and liabilities, this is an essential point for the management and financial regime. The management of company resources are essential for progress, this paper focuses its objectives to show key points in the management of working capital, because it is this which we largely measured the level of solvency and ensures reasonable safety margin to the expectations of managers and administrators. The primary objective of working capital management is to manage each of the assets and liabilities of the company in such a way as to maintain an acceptable level of this. The main assets to which attention must be paid are cash, marketable securities and investments, accounts receivable and inventory, as these are the ones who can maintain a desirable and efficient liquidity without maintaining a high number of stocks each, while the most important liabilities are accounts payable, financial ob...
1. - What is a financial statement? It is a document whose purpose is to provide information on the company's financial situation to support decision-making. 2. - What is the financial situation in the company? Is the situation that is according to the results once the operations have been performed to date or period? 3. - What is the point of contact between the statement of financial position with the statement? The focal point is the profit or loss realized from the exercise. 4. - What statements do you know? The income statement, the statement of costs of production, income statement and statement of changes in financial position. 5. - How do you determine the cost of sales? Initial Inventory + Shopping = Available - Final Inventory = Cost of sales 6. - How do you determine the cost of production and of sales? The cost of sales shows the cost of production or acquisition, as the processor or trader of goods sold that generated the income reported on line sales. 7...
Jhonny Zambrano is a credit analyst at a microfinance institution - MFI. New to the job. Entered less than a year after finishing college. Get the job was not difficult. The post did not require previous work experience, by the shortage of skilled personnel in the field. For several years the number of MFIs in the market has grown steadily. Not so the labor supply of trained personnel. Situation that had triggered the conflict of different MFIs to capture the little experienced and caused a strong migration from lower-paid MI (mainly Municipal Savings and Credit Unions) made the best-paying entities (mainly banks ), who preferred this to having to train new staff and assume the errors and horrors of their learning curve. The offer in the microfinance market were banks (specialized or through specialized units), Municipal Building (CMAC), rural banks (CRAC), Financial Edpymes, Savings and Credit Cooperatives (CAC) and nongovernmental organizations (NGOs). Competition between them w...
Prudent management is one that measures the risk of turning the business that is, taking the actions to neutralize in a timely manner. Unlike the uncertainty which cannot be predicted by not having information or knowledge of the future, the risks can be distinguished by being "visible" and can minimize their effects. CLASSIFICATION OF RISKS A. CREDIT RISK Are perhaps the most important because they affect the main asset: the account placements. A liberal policy of approving loans have generated excessive levels of liquidity, and high uptake bullrings, or a relaxation of the requirement for assessing the creditworthiness customers, resulting in a high delinquency, so we must be careful about said "in good times make bad loans." B. MARKET RISKS Occurs due to unexpected changes in prices of trading instruments. Every day, many businesses are closed and others have success. It is entrepreneurship and management which will see the future and to choose successful products to mainta...
Credit according to the traditional concept, is defined as the right of the debtor's creditors receive anything, as you have confidence in the commitment to pay or return. From a legal standpoint, the claim by law, trade and economy is the right of a person called a creditor has to bind to another, the debtor to pay. In fact there are multiple concepts, but more suited to our times and from the financial point of view is that credit is a risk operation or transaction in which the creditor (lender) trust in exchange for a guarantee in the policy credit or debtor (borrower), with the assurance that the latter will in future with their obligations to repay the capital received (debt repayment) plus tacitly agreed interest (debt service) 2. TYPES OF CREDITS There are many types of loans, the most traditional in the financial system for commercial loans to micro entrepreneurs, consumer and mortgage loans. ? commercial credit. Are those direct or indirect loans granted to individuals...