Non-current assets or fixed assets is a group belonging to all companies, and which remains in it for more than one year. It is a part of the asset and appears within the situation balance of a company. Non-current assets are a special part of the business. They are durable and not very liquid, since … Read more
Accounts payable are all those debts that a company or organization has incurred and that have not yet been paid. They are debts directly related to the activity that takes place. The concept of accounts payable indicates that there is a debt with a creditor and that you must make the payment for it. These … Read more
Disposable income, also known as disposable personal income or disposable income, is the amount of money we have left when we subtract taxes and Social Security payments from our total household income. This type of income is considered the engine of demand and the private consumption, since it refers to the money we have to … Read more
The figure of the attorney refers to a lawyer who represents the client before the court in the field of legal proceedings. This person is in charge of receiving the notifications that may be generated in a legal process, such as the notification of judgments, orders, etc. It also deals with the presentation of the … Read more
An audit is the reflection in its purest state of the accounting in a company. The definition of auditing is somehow understood as the related process carried out in a company with the main objective of gathering information from business accounting. What is an audit for? The audit serves to test a company in terms … Read more
The annual accounts intend to summarize all the financial information of the company in accessible documents that allow taking the appropriate actions. Among the most common documents in the annual accounts we highlight: Balance Profit and loss account Statement of changes in equity Accounting memory. In some exceptional cases, the cash flow document should also … Read more
"At par" is an expression that is used in the relationship between the nominal value and the effective value of a financial security. Thus, to understand this concept the stock exchange, you have to take into account what each one means: The nominal value: when the company issues a series of financial titles, the value … Read more
A limited company also known by its abbreviation SA is an organization through which the capital of the company is structured in actions that correspond to its partners. In addition, the shares of a limited company at the same time reveal the level of participation and power of each partner of the entity. The shares … Read more
We speak of accounts receivable when a company has rights pending collection over third parties, whether physical or legal, at a certain date. These pending collections usually occur when loans are made that a company grants to its clients. Accounts receivable can be classified according to their origin into accounts receivable from clients, affiliated companies, … Read more
The affiliate program is a term used in digital marketing industry to describe a system that makes it easier for program associates to make a profit by promoting a company's products or services. The promotion is usually done through online advertising on websites, blogs, applications, email, etc. The appropriate thing is that those associated with … Read more
