Russian offshore myths
What you need to know about offshore in order to protect your assets and increase them: we reveal the myths of offshore legislation and recommend what needs to be done…

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Makelove business
MakeLovePizza began work in 2013 as a delivery service. The four-year anniversary of the company was already celebrated in its own cafe on Lenin Ave. Now another stationary cafe is…

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Makelove business
MakeLovePizza began work in 2013 as a delivery service. The four-year anniversary of the company was already celebrated in its own cafe on Lenin Ave. Now another stationary cafe is…

Continue reading →

requires return

Practical aspects of accounting for business combinations in the fuel and energy sector

A contribution is any economic resource that creates or can create returns as a result of applying one or more processes.A process is any system, standard, protocol, agreement or rule that, when applied to a deposit or deposits, creates or can produce returns.

Return – the result of contributions and processes applied to such deposits that provide or are able to provide income in the form of dividends, cost savings or other economic benefits directly to investors or other owners, members or participants.

Given the fact that the acquisition of a business and a group of individual assets is reflected in the statements differently, it is important to understand how the first differs from the second. Such an analysis is based on the three components of a business in terms of IFRS 3 Business Combinations, which is why if a company is able to demonstrate contributions, processes and returns, then, as a rule, there is a business as such. Continue reading

Five wallets.
Structural and analytical management method (continued) So, we said that at the start of a business, while the revenue side is still not too large, current expenses usually exceed 20%…

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What debts are not written off in the bankruptcy of an individual
We hope that today business owners have no illusions that they are liable for the obligations of their company only to the extent of their contribution to its authorized capital.…

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I WAS IN BUSINESS BECAUSE…
Recently, we shared the main ideas of a video in which a successful American entrepreneur and blogger Patrick Beth-David talks about his mistakes in business. If you have not read…

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"Wallet of the main staff"
Where, nevertheless, is the critical boundary of wage costs, which is not recommended to be crossed over? If you do not have a ready answer, do not be discouraged, for…

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