When one company is taken over by another, the capital and assets of the first company are transferred to the second company. The absorbed company disappears as a company and forms part of the absorbing company. The term "absorption of a company" must be differentiated from that of "company merger”. The merger occurs when both … Read more
Current assets, also called current assets, are considered to be any liquid asset owned by the business before the end of each year, or any of the assets that are capable of being converted into money in the following 12 months. For all this, they are considered to be short-term current assets, and their set … Read more
When we talk about auction we refer to an organized sale in which there is competition direct and public (although it can also be private) in which a seller offers different products and the buyer or different buyers can offer different prices to pay in order to acquire said good. When the auction is closed, … Read more
By advertising we understand as the action and effect of promoting a message through an audiovisual resource (digital or not), with the intention of giving strength to a product, good or service with the purpose that this action concludes in the direct sale or knowledge about said product or brand. Advertising implies the development of … Read more
The Ansoff Matrix or product-market matrix is often used as a business strategy tool and marketing. It determines the strategic direction of growth of a company, relating the products with the markets in which it can act. In this way, the matrix is divided into 4 quadrants according to the criteria of two types of … Read more
Toxic assets are a type of asset normally of the type Investment fund characterized by having a high risk in relation to the possibilities of recovering its value. Toxic assets are created after the granting of innumerable mortgages to people and entities with a low economic solvency. These mortgages were usually formalized with a mortgage … Read more
The payment or collection of an operation in advance of the period or moment of delivery of the provision of a service or the delivery of certain merchandise previously agreed, is known as an advance. An advance, then, supposes a prior payment before carrying out a main operation (either the provision of the service or … Read more
The book entries are financial operations that an issuing financial entity performs by registering an accounting movement. It is a way of recording titles and securities in a computerized registry. They are generally used for public debt and Treasury products for sale. They began to be used at the end of the 80s in Spain … Read more
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
Management accounting is one of the types of accounting existing. This type of accounting is characterized by the fact that the information obtained from it is intended for internal use specifically to the administration department from which it takes its name. Keeping administrative accounting entails numerous benefits for the company, especially when making decisions about … Read more
