Inside the Nominal Effective Exchange Rate (NEER).

The Nominal Effective Exchange Rate (NEER) is a weighted average of a country’s currency relative to an index or basket of other major currencies. The NEER is used to measure a country’s currency relative to its trading partners. The weights are based on the importance of the country’s trading partners. The NEER is used as … Read more

What is an accounting program?

Accounting programs are necessary for each of the existing companies. All the accounting data of the company, for one or several years, are stored there. More specifically, it is a computer program that saves and processes accounting transactions. This program must follow the Generally Accepted Accounting Principles so that its operation is correct. It is … Read more