Articles Tagged ‘Ratio’
The design of control tests established by the administration and management of investments are vital because these owners must provide reasonable assurance that investments there were authorized and are owned by the company at the date of Balance General The establishment of controls can help business managers to establish a very high degree of trust between him and the owners and even more so when it is extended in business investment since they are a resource in the long term. INVESTMENT OVERVIEW Business investments primarily include: Securities of companies or institutions affiliated subsidiaries or affiliates. Marketable securities. Mortgage loans. Surrender values of life insurance. When entrepreneurs and investment managers must assess the type of investment to be undertaken, the tools used are: Often In many cases the investment has operations and does not take appropriate measures to safeguard these resources 1. Internal check Purchases and sales of securities ...
GENERAL PURPOSE FINANCIAL STATEMENTS These states are those that are prepared at the close of a term to be known by users indeterminate, with the main spirit serves the common good of the public to assess the ability of an economic entity to generate positive cash flows. Should be characterized by their status, neutrality clearly and easily. They are general purpose statements, the Basic Financial Statements and Consolidated Financial Statements. Basic Financial Statements Balance Sheet: This statement should relate the liabilities and assets, in order to be recognized that it can determine fairly the financial position of the economic entity at a given date. Statement: The sum of revenues, costs, expenses and restatement related properly we must cast the net income. State of Change in Equity Statement of Changes in Financial Position Cash Flow Statement Consolidated Financial Statements All those who present the financial position, results of operations, changes in equity ...
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...
The company's financial statements represent their economic status and are the main source of information with third parties about your performance, so it is vital to know the different types of states with the elements that characterize them. The financial statements reflect the full range of concepts of operation and functioning of enterprises, all information that should serve them appears to know all the resources, obligations, capital expenditures, revenues, costs and any changes that occurred in them out of the financial year, also to support the planning and business management, decision making, analysis and evaluation of managers to exercise control over domestic economic items and to help assess the impact this has on the external social factors. In Colombia, regulating the use of financial statements and their elements in Decree No. 2649 of 1993, the main objective of this paper is to show the main types of financial statements that ultimately are the main providers of i...
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...