How to reduce salary costs in a small business.
Labor productivity. As I already wrote, you can use both direct and reverse indicators of labor intensity. But many businesses instead of these indicators use a direct indicator - labor…

Continue reading →

COLLECTIVE CONSCIOUSNESS: about the eBay founder’s foundation
How impact investments, venture philanthropy and flexible capital change the world, says Elena Boytsun, Investment Director, Central and Eastern Europe, Omidyar Group. Four years ago, I had a unique opportunity…

Continue reading →

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…

Continue reading →

successes of modern China

BEYOND THE EIGHT PARTIES

How the instability and fluidity of the world can make you invulnerable.
“The world is changing,” I muse, starting to write this article. The world is changing, or rather, has already changed. Even about 10 years ago, interest in traditional Chinese culture was the destiny of only specialist synologists, lovers of oriental exoticism and rare people who devoted their whole life to China. And now … Nowadays, the amazing imagination (if you, reader, you have it) of economic growth and the rapidly growing political influence of the Celestial Empire have turned interest in Chinese culture from a bizarre passion into a practically necessary component of any economic, political and business strategy.

They write about China. They say about China. They argue about China. Cultural scientists, political scientists, futurologists, businessmen and journalists. And all these conversations, conversations, discussions have a common denominator: Chinese culture is extremely valuable for modern civilization, which has found itself in the world of VUCA. This is an unstable world, a turbulent world, and, most importantly, a world that will never be the same. In other words, it is better to say goodbye to stability and predictability. Forever and ever. Continue reading

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…

...

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…

...

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…

...

Technological innovation and manufacturing costs
In a modern market economy, the enterprise management environment should be the economic environment. This is due to the fact that the organization and the enterprise are economic categories that…

...