Posts Tagged ‘finance’

Provision Methodology

14.01.2018
01:26
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Ability to transfer annual leave are also not conducive to precise time of repayment obligations to pay employees vacation. Provision is created only for the payment of annual (basic and additional) leave and additional leave to workers with children. For other holidays (academic, artistic, etc.) the reserve is not created. This is due to the fact that in accordance with Section 14 P (s) A 1911 provision is created when you have as a result of past events obligations, repayment of which is likely to lead to a reduction of resources embodying economic benefits and its assessment can be defined settlement. However, payment for educational leave depends on the achievement, and provide the probability of granting sabbatical in general is problematic. That is to define the estimate provide for these holidays is almost impossible. Click Larry Ellison for additional related pages. With regard to social leave, they (except for the additional leave to workers with children) are known to be financed from the budget or the social insurance fund for temporary disability, and hence the establishment of a reserve to pay for them at the company does not appear. Provision Methodology provision for leave in the profile P (s) A 11 is not spelled out. It only indicates that the amount create a secured accounting recognizes expenses (Section 13 P (s) A 11). However, the description of the mechanism for calculating the amount of security for the payment of leave to employees includes instruction 291 in the table to sub account 471 "Ensuring the payment holiday" characteristic.

Debt Collection

17.02.2017
04:26
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Debt collection in Israel – Department of trial performance ('le otsaa Poalei') After the endless litigation and a final decision, the Court delegates to the bailiff ('le otsaa Poalei'). This service designed to help the lender to recover their money. In this article we give some recommendations on how to behave in the stage of execution, to make the paper a solution to real money in your account. In the first all we should find out the debtor's personal information: address, id number ('Certificates with you'), place of employment and other data. If the debtor is a legal entity, then the judicial authorities may face execution the following problem: the company has already closed or the account debtor is not money. Then, even with their hands on the court decision, the creditors can not get any compensation. Next, the lender sends a warning to the debtor, of the case to trial execution.

The debtor must sign, and after a short period, up to 20 days of receipt, pursuant to a court uses its leverage. Recently Gary Kelly sought to clarify these questions. The debtor may win some time if you will submit a request to verify its solvency ('hakirat yaholet'). If the debtor is an individual, then the sword of Damocles bailiff will prevent him from living, and will serve as the impetus for early payment of debt. However, professional debtor, the opening of another case in the department of judicial execution is not a hindrance. In such cases, follow such a procedure execution, as the arrest. Creditor files a request for the arrest, appends data to the debtor of the Interior ('sheilta'), and after consideration of all the documents head of the judicial performance can make a decision about the arrest. Another effective measure is the seizure of bank accounts wages, money in mutual funds, insurance companies, etc. This proactive procedure, if there are concerns that the debtor tries to hide in possession of the property.

As a rule, the creditor himself points out in the request that it is he wants to 'freeze': bank account, pension plan or something else. You can also apply the procedure of arrest in respect of credit cards, vehicles, licenses and other documents. Given above, one can make a definite conclusion: before turning to judicial execution in Israel, it is necessary to develop the most appropriate and affordable strategies for conducting business. Such a strategy should take into account all the circumstances that, in the shortest possible time and in the greatest amount of a debt from the debtor or from third parties, acting in its interest. To do this, preferably at the initial stage of appeal to the experienced expert in the field of debt collection.

Ability To Benefit To Risk

15.02.2017
05:18
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Risk – a key, essential element of commercial activity. To understand what the risk is very important. Experience of mankind testifies: those who can risk the time, it turns into a big gainer. Recall determined politicians, brave generals, fearless entrepreneurs and engineers, finally, examples from his own life, when the city takes courage. The newspapers mentioned Bill O’Grady not as a source, but as a related topic. " The risk is not a fad and not a "nice gesture".

In many cases, the decision risky, is inevitable, avoid risky actions without them is simply impossible. Must, of course, do everything possible to reduce unwanted risk but if the actions associated with the risk are inevitable, we must learn to take risks prudently, having mastered the science and art of risk. Scientific analysis allows you to make a clear distinction between justifiable and unjustifiable risk, and hence reap the benefits that can give a reasonable risk. What are the causes of uncertainty that generate the risk? The first reason is uncertainty – the lack of knowledge, ie, incompleteness, insufficiency of our knowledge about around the world. With this kind of uncertainty people faced long ago, in those days, when I first began to make informed decisions. After all, even then it was a hindrance of any undertaking. Lack of awareness laws of nature prevented productive activities that are not allowed to farm efficiently.

And people began to seek all means to expel the uncertainty of their lives. The history of human development – is, however, history of the struggle with uncertainty. Revealing the regularities in complex natural phenomena, science is increasingly restricted the scope of this uncertainty: the establishment of the causes of river floods and astronomical phenomena discovery of the law of universal gravitation and the melting of metals caused much uncertainty to make room.

Investing: Rating The Yield Results Of December

12.11.2012
06:11
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Was the most dynamic currency pair Eur / rur: up to December 2008 rate of European currencies against the ruble was 41.44 rubles per euro against 35.72 at the beginning of the month, ie during this period the Russian ruble weakened against the euro at 16.01%, which contributed to the policy pursued by the Central Bank of smooth devaluation of the ruble corridor through the expansion of the currency basket. During 2008, the currency pair Eur / usd was extremely ambiguous: in the second half there was stronger dollar against the euro, but only in December to strengthen the European currency has exceeded 10% and return on investment in Eur / usd was 10.24%. As a result of December 2008 the Russian ruble against the U.S. dollar, the Bank of Russia amounted to 29.38 rubles per dollar against 27.61 rubles at the beginning of the month, ie for a specified period of profitability Usd / rur was 6.41%, due to the smooth conduct of a controlled devaluation of the ruble, the Central Bank through the ongoing expansion of the corridor currency basket. In December 2008 there was a significant strengthening of the greenback against the pound: the course of currency pairs Gbp / usd was 1.4575 against 1.5372 in the early months, so return on investment in dollar in this case for December was 5.19%, due to the fact that the pound is under pressure because of fears of investors about the state of the British banking system. Showed a similar yield and the Japanese yen.

Car Loans

29.04.2011
08:04
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Loans to purchase cars available to citizens and organizations, ie natural and legal persons. The minimum loan amount depends on the client's solvency. Term of the loan – from 6 months Up to 3 years (but the car can be picked up at once and immediately start using it!) Interest rate for avtokreditnymi money will be greater than 11% per annum (in rubles) and of 10% per annum in foreign currency. With an initial contribution of at least 40% of the value of the purchased vehicle income statement is not required. The period of the loan repayment can be issued a contract of pledge the car creditor bank, or maybe not, but ob vehicle before the end of payments on the loan will be stored in the bank. Avtokreditnymi money can buy, and car insurance (compulsory and and insurance) and its presale: anticorrelation, music and other accessories.

Credit for purchasing a used car can be obtained upon payment of an initial payment of at least 30% of the value of the purchased vehicle. Auto loans up to $ 1 million rubles granted without sureties. Car Loan today most mature (Forgive the author of this word – 'run-in', the massive scheme for obtaining credit). Therefore, the method of presenting the details of getting car loan was not chosen by chance, I would like this to remind reader conciseness and information capacity of the road signs. That everyone should know! (The terms of the auto loan) – Intended purpose: a loan to buy new cars with domestic or foreign production – interest rate: 10% for loans in dollars (for the remainder of the debt!) and 11% for loans in rubles – the fee for the issuance of credit: – $ 200 when you buy domestically produced cars – from 250 dollars when buying foreign cars – a term loan repayment – up to 3 years old – loan amount: 75 thousand to 100 thousand rubles, or from 2500 to 35 thousand dollars – the minimum initial contribution – 20% of the cost of the car; – early loan repayment: amounts not less than 15 thousand rubles, or $ 500 without paying additional fines and commissions over the life of the loan agreement.

Central Federal District

28.04.2011
19:04
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According to Anton Kolpakov, General Director of the company to increase investment in infrastructure construction, especially fiber-optic communication lines, also planned to implement a project to establish a satellite data network in and Magadan region. Group Companies of Svyazinvest, which unites seven regional operators, the structure of which is a major long-distance and international communication "Rostelecom", continue to build networks regions, which was begun before the crisis. A "Center Telecom announced further investment program, which involves laying fiber-optic channels to almost every municipality of the Central Federal District. Crisis – the best time for innovation? After the August events in South Ossetia, as we know, many foreign investors were scaling down their program. Began in the Russian crisis has strengthened their outflow in part by provoking the collapse of stock. However, the trend seems to be reversed. Now rts fraction of active foreign buyers is growing almost faster than the number compatriot.

There are those who do not go to market, believing that his perspective is more important than political and speculative reason. Some Western companies tend to have long operating in Russia, felt that the crisis – is the best time to actively promote their technologies and productions. For example, the company , a European provider of solutions made of metal for construction and engineering, the continued development of the steel service centers are very popular in Europe and relatively weak prevalent in our country. It's not just the base metal trading, and the complex with its own production, warehouse, logistics and transportation services.

Bank Loans

25.04.2011
17:01
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Yet, having met with the spirit, the customer collects a last effort in a fist and transforms into a desperate counterattack: "So you said, You promised Where can I get bail? How much do you have spoiled my nerves, "etc. Thinking and making a few calls, he nevertheless agrees to these conditions. But the client in this round may be a surprise when it turns out that for a loan he applied to several banks. And now – the culmination of the battle: at this stage, the client may be sent to the canvas by the bank when he still refuses to grant credit. This is possible if the bank learns that the official salary of the customer's minimum, possibly, Sa find something, or maybe just on the committee some of its members, being not in the mood, "cut down" the loan application. Much worse where the bank already issued a letter of guarantee for the loan and the borrower well designed data sheet on the car, suddenly refuses to credit for some re-finding.

Often, it is either negative credit history, or does not match information on wages actually. In this case, the aid is likely to come motor show, because car-it is already designed for the customer and the money for it has not received. And the client has already spent money on car registration in the mpeg (3% 400 $). The situation is very complicated and the upshot of it is always his own. The client here, too, could be interesting tricks. Understand what the manager did not achieve, he begins to seek assistance in the form friends, working or associated with the bank, to somehow influence the situation. If not found, then turns to the loan broker and questions begin to be addressed. In this scenario, costs will increase by another 500 $ -1500 $, but the results can surpass all expectations: the bank suddenly changes his attitude, and rang aunt tells you that the issuance of the loan tomorrow, no more documents do not need a passport, code and money on commission.

Here Some understand that the additional costs incurred anyway, but my nerves are not preserved. Many have criticized such work brokers say, is not lending, and "reshalovo. But the bankers themselves, and this situation created. If there is room for "Reshalova" means the bank is doing something wrong. Naturally, the latter does not apply to the broker with the use of illegal action.

Expiry

23.04.2011
23:41
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In 2010, banks abruptly began cutting rates on deposits after the refinancing rate, which fell to a record low. Now the banks offer us the contributions of up to 11% in rubles and up to 6% in dollars and euros. And this is not the limit: because of the high liquidity, reducing the refinancing rate (the rate at which the central bank provides loans to commercial banks), banks become profitable to take money from the population at high rates when they can take the credit a lower percentage of cb. In connection with this condition in the banks for the newly opened deposits are becoming tougher. In particular, where the percentage is still relatively high, not provided for the completion of the contribution, the monthly capitalization.

Nothing remained of contributions to the removal of the deposit amount before the expiry of the payment without loss of interest (only at the rate of demand, which is less than 1%). All this makes the Depository deposits less attractive and profitable. What can we do for those who want to open a new contribution or those who are due payment of the deposit and must be determined from the released amount? Invest in something else? How about those who do not want to take risks and wants to receive a guaranteed percentage of the bank? Open a new contribution to a low interest rate, which is lower than inflation? But then you did not earn and lose money. Train with high deposit rates did not catch up, and when will next is unknown, probably when the next crisis was coming.

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