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 the maximum approximation (if not complete convergence) of management and financial accounting.
How appropriate is this synchronization for the company?
With financial accounting, everything is more or less clear – it is generally accepted that it is a process of collecting, processing, aggregating, classifying and transmitting information about the financial situation of an enterprise and its results for a certain reporting period to external users in order to make economic decisions. Continue reading
A person always draws a psychological portrait of someone with whom he is involved in communication. This portrait is created from a wealth of data. A voice can tell a lot about a person. Sometimes it’s not so important what they say is much more important – how. According to P. Ekman, a leading specialist in lie recognition, words are one of the least reliable sources of information.
By the voice of the interlocutor, you can understand how he treats you, whether he is sincere, what his emotional state is. Communicating with a person, we can draw conclusions about his personal qualities and characteristics. You can even imagine the physical image of a stranger. Each of us does this every day and in different situations: at work, at home, in public places … Continue reading
Today, one of the main topics of all world media is the debt crisis that erupted in Europe. The absolute and relative values of various types of debt (external, state, corporate) of such countries as Greece, Spain, Italy, other countries of the European Union and the euro zone are called. For many of these countries, public debt has exceeded 100 percent of GDP. In the eurozone as a whole, at the end of this year, the level of total public debt is estimated at 88% of GDP. They also began to recall more often the United States, whose state debt reached 100% of GDP this year. Continue reading