12 errors in working with spreadsheets, resulting in catastrophic losses
A ranking of the largest errors in working with spreadsheets has been compiled, because of which companies suffered huge losses. The list includes both financial institutions and private enterprises from…

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We fix the agreement of the Founder of the business and a third-party investor
The risks posed by the lack of proper regulation of relations between business owners have been devoted to more than one issue of our newsletter. As well as the methods…

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NOT WAY: 6 WAYS TO RECOGNIZE THE BAD BUSINESS PARTNERS
The start of a startup is often a feeling of euphoria and pink glasses. In relation to the business partner, a kind of love arises, together you seem to yourself…

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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

Panic Trees: Creative Resource Must Be Paid - How To Monetize A Provincial Brand
How can a designer evaluate himself correctly? What is wrong with the province and why is the demand for fashionable things a cultural issue? We asked about this from the…

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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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Finance and wallet
Today on TV you can often hear the phrase: "You need to live within our means!" In other words, you can’t spend more than you earn. This phrase is uttered…

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Royalty payments in a group of companies - to whom and how much
Imagine a common situation: a trademark is registered in the ownership of one company or individual entrepreneur, and another uses it. In other words, it is necessary to formalize the…

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