Synchronization of management and financial accounting
In the past few years, more and more financial directors have been thinking about the issue of transferring management accounting and reporting of their enterprise to IFRS or at least…

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Favorable loan - how to get a loan and not lose money.
To begin, I would like to return to the definition of a bank loan. The simplest, and most common definition, loan is the amount of money borrowed by the borrower.…

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Why and who needs financial analysis
Defining the boundaries of financial sustainability of enterprises is one of the most important problems in a market economy. Inadequate financial stability may lead to a lack of funds to…

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Britain facilitated

The Great Crises: The Great Rise of the 1850s

The economic recovery of England had a beneficial effect on the countries of Europe. From the middle of 1849, the industry of Germany and France began to operate. At the end of the year, a general revival of trade began, which many bourgeois naively perceived as a result of the restoration of order. With the advent of 1850, the situation improved even more. A period of unprecedented economic growth began.

The textile industry was the first to enter the recovery phase, while the heavy industry experienced signs of recovery much later. The construction industry followed her. Accumulated inventories were eliminated. The fall in raw material prices has facilitated a reduction in production costs. Throughout the world, the crisis has brought down wages. In Europe and the USA, compared with England, industrial development could accelerate due to revolutions that changed social relations or a large influx of immigrants. Continue reading

Small business profit - its types and how to determine it.
After writing several articles on the effectiveness of small business, I received a letter from a reader asking what profit is in business. I believed that this question is so…

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Improving financial literacy of the population: international experience and Russian practice
The financial aspect affects almost all spheres of life of a modern person. Financial literacy provides an opportunity to manage your financial well-being. The lack of basic financial knowledge and…

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Motivation problem
The problem of staff motivation is still popular, but is increasingly losing its relevance. The modern practice of personnel management increasingly connects the effectiveness of employees not with the psychological…

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Financing risks in theory and practice
When deciding on raising funds, the financial director should take into account what the bulk of the company's fixed costs are connected with and what is the situation with interest…

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