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Credit Control and Cashflow
Australia
Norton Rose Fulbright Australia
These new measures could make the difference between businesses closing permanently or being able to survive COVID–19.
BRI Ferrier
Businesses should act quickly to take advantage of the range of Government initiatives to assist with financial distress.
Cooper Grace Ward
This article looks at one of the measures – the cash flow boost for employers who may receive up to $100,000 tax-free.
McCullough Robertson
This targeted stimulus package addressed financial challenges from the national and international spread of COVID-19.
Worrells Solvency & Forensic Accountants
In this current economic climate, small business operators who see no future ahead, may still have options to consider.
Bartier Perry
Article discusses and offers tips for collecting debts and for if you are being chased for debts.
Worrells Solvency & Forensic Accountants
The example was a liquidation where sales were being paid up front, but the company was still constantly short on cash.
Worrells Solvency & Forensic Accountants
Business owners should invest some time before Christmas in budgeting and forecasting major cash inflows and outflows.
Brazil
TMF Group
The Brazilian Securities and Exchange Commission (CVM) has issued Instruction No. 600, which provides for the public offering of Agribusiness Receivables Certificates (CRA) and was implemented on 1 November 2018.
TMF Group
Due to the current economic situation in Brazil, companies - motivated by the expensive credit or even lack of credit - are increasingly seeking alternatives to improve their cash flows.
Canada
Crowe MacKay LLP
To manage the economic challenges induced by COVID-19, governments around the world are announcing measures and stimulus packages to boost economies and minimize cashflow problems to its people.
Crowe MacKay LLP
As an owner of a business, your company's books and financial statements represent a score sheet which tells how you are progressing, as well as an early warning system which lets you know when and why the business may be going amiss.
Crowe MacKay LLP
Generally, it is required for sole proprietorships and partnerships to use a calendar year-end. In contrast, corporations, other than professional corporations are able to select the month-end which best suits their business.
Crowe MacKay LLP
If you are not independently wealthy, and perhaps even if you are, eventually you will probably need to obtain some outside capital for your business.
Collins Barrow National Incorporated
During times of economic uncertainty, one might expect that an entity would have fewer accounting issues to consider because activity levels often decrease.
Collins Barrow National Incorporated
IFRS 9 Financial Instruments introduces major accounting changes for financial assets that are likely to significantly impact the financial statements of credit unions and other lending organizations, such as leasing companies.
Collins Barrow National Incorporated
Future projects will tackle the "face of the financial statements," focusing on improving the organization of the statements of financial performance, cash flows and financial position.
Grant Thornton
We're bringing back some great articles to help you and your business. We hope you enjoy!
Cayman Islands
Maples Group
The Credit Reporting Act 2013 (the "CRA") established an official statutory register (the "Register") operated by the Central Bank of Ireland ("CBI") to record the amount of credit in the Irish economy.
TMF Group
Statement of Cash Flows are now considered independent and separate documents in Italy, and companies must prepare them as such for financial statements starting 1 January 2016.
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