BlogHide Resteemsalaiza (72)in blog • 35 minutes agoFinancial Education - Accounting and financial features in hyperinflationary economiesThe principal financial statements in hyperinflationary economies, whether individual or consolidated The main financial statements, whether individual or consolidated, of any company that prepares…alaiza (72)in blog • yesterdayFinancial Education - Accounting and the managers of any businessIn the accounting world, aspects such as income and expense balances, as well as the statement of changes and cash flows are not always enough to have a detailed knowledge of the company's economy…alaiza (72)in blog • yesterdayFinancial Education - Accounting and the managers of any businessIn the accounting world, aspects such as income and expense balances, as well as the statement of changes and cash flows are not always enough to have a detailed knowledge of the company's economy…alaiza (72)in blog • 2 days agoFinancial Education - Revenue from ordinary activities and revenue from merchandiseAccounting standards should be applied in estimating revenue from ordinary activities from the following transactions and events, sales of goods, the rendering of services, and the use by others of…alaiza (72)in blog • 2 days agoDevaluation exchange control and loss of purchasing powerIn keeping with the thinking of yesterday's post, devaluation is limited to situations where a country has officially fixed or "anchored" its exchange rate relative to one or more foreign…alaiza (72)in blog • 2 days agoFinancial Education - Floating exchange rate and devaluation of national currenciesOne aspect to take into account when states accept foreign currencies is that exchange rates are freely determined in the market by the interaction between supply and demand of foreign currencies…alaiza (72)in blog • 3 days agoFinancial Education - Principles of equality, morality and accounting procedure, with the exclusive publicSharing content is one of the things that I like the most, and more because I allow myself to upload information about the exciting world of accounting, which allows me to talk about risk management…alaiza (72)in blog • 4 days agoFinancial Education - Influence of globalization on the exchange rate and inflationary processGlobalization has generated an intricate network of commercial and financial links between countries; when the international economic system functions properly, it contributes to rapid economic…alaiza (72)in blog • 4 days agoFinancial Education - Income diversification as a salary protection mechanismDiversifying our income is one of the most discussed topics in recent times, basically because it is the way to protect ourselves from massive corporate layoffs or bank, institutional and state…alaiza (72)in blog • 5 days agoFinancial Education - The progressive inflationary effect and its effect on state and business economic stabilityThe inflationary effect in any economy, whether third world or underdeveloped, generates great uncertainty in the decisions of potential emerging investors at the time of investing within the…alaiza (72)in blog • 5 days agoFinancial Education - Measurement and recognition of revenue and amount of each categoryIn the measurement and recognition of revenue, the entity has transferred to the buyer the risks and rewards of ownership of the goods, and does not retain any continuing management interest to the…alaiza (72)in blog • 5 days agoFinancial Education - General criterion for revenue recognition for goods or servicesI have repeated time and again that revenue from ordinary activities will be recognized when goods are sold or services are exchanged for goods or services of a different nature. This is…alaiza (72)in blog • 6 days agoFinancial Education - Academic fundamentals on the technical elements of incomeThe recognition of revenue on this basis will provide useful information about the extent of the service activity and its performance in a given period also requires the recognition of revenue on…alaiza (72)in blog • 6 days agoFinancial Education - Revenue recognition from the rendering of servicesRevenue and expenses, related to the same transaction or event, are recognized simultaneously. This process is commonly referred to as the matching of expenses with revenues. Expenses, together with…alaiza (72)in blog • 7 days agoFinancial Education - Property risks and ordinary income of business entitiesYesterday I mentioned to you that when a company retains significant risks of ownership, the transaction will not be a sale and therefore revenue will not be recognized. An entity may retain…alaiza (72)in blog • 7 days agoFinancial Education - The income seen from the labor and business point of viewIn labor scenarios and specifically in business, income is the increase in economic benefits produced throughout the reporting period, in the form of entries or increases in the value of assets, or…alaiza (72)in blog • 8 days agoFinancial Education - Main characteristics of the regulations related to financial freedomIn most of the underdeveloped countries, people do not even earn enough to cover the food basket, therefore, it is very difficult to achieve financial freedom, because what we can save to invest…alaiza (72)in blog • 8 days agoFinancial Education - Data as a source of efficient management of corporate financial activityAt the business level, the recording of data that must be registered has a great influence at the time when executives have to make their business decisions. The accounting management is carried out…alaiza (72)in blog • 8 days agoFinancial Education - Economic planning strategy and most relevant accounting mechanismsAccounting can be defined as an information system directed towards the interior of the company with the purpose of improving the planning, organization, direction and control of the economic…alaiza (72)in blog • 9 days agoFinancial Education - Economic stability from an accounting perspective of the invoicing processIn times of high competitive standards is precarious the induction of financial education, the reality is that in education levels talking about financial education, about making economic decisions…