Internal Auditor (IA) Definition.

An internal auditor is an employee of a company who is responsible for auditing the financial statements of that company. The internal auditor is typically a certified public accountant (CPA) who has experience working in the accounting field. The internal auditor’s job is to ensure that the financial statements of the company are accurate and … Read more

What Are Stakeholders: Definition, Types, and Examples.

What are Stakeholders? A stakeholder is an individual or group that has an interest in an organization or project. A stakeholder can be an employee, supplier, customer, shareholder, or member of the community. Who are stakeholders in simple terms? In business and investing, the term stakeholder refers to anyone who has an interest in the … Read more

What is the exchange balance?

In international markets, the exchange balance refers to the statistical record of transactions in foreign exchange that are carried out through intermediaries in the exchange market. This balance is used by the Banco de la Rep├║blica de Colombia, as an instrument to describe the external sector in the short term, due to the frequency with … Read more