That Spain’s Prime Minister Jose Luis Rodriguez Zapatero is rather soft and takes difficult steps when there is no other choice is not new. But it is far from alone.

The Spanish problem is totally different from that of Greece, and it is customary ignorance of the market which explains the panic of Tuesday. I must say it was caused by an irresponsible attitude of rating agencies that saw fit to reduce the grade of Spain for reasons related to the economic slowdown. This rating remains excellent at AA. (more…)

Firstly, the emotion on the speculation of hedge funds is not justified. Hedge funds have been reduced by two and the $ 1 trillion they represent a range of different funds, some of them acting on the foreign exchange market. This amount represents less than the value of daily transactions on the exchange market. They do not in any way the ability and mean to destabilize the euro and speculation to $ 1 dollar interest. The future market is still three months was $ 1.30.

We have to stop back by the specter of a speculation on Sterling by George Soros twenty years ago: the foreign exchange market was smaller and we did move the Sterling £ 1 billion. The pound is a currency that does not count anymore. (more…)

In early 2009, large U.S. banks have been received at the White House for a meeting with the President: it told them that the only way he could justify the measures taken in their favor was through their participation in the effort for economic recovery. To be clear: I will support you if you use the means that I give you to help me revive the economy. From my side I count on your restraint in pay.

For a Democratic president, it was indeed possible to support financial institutions that if they contributed to the national recovery effort. So they had to use the resources obtained by lending on terms less onerous because their cost of funding was lower. And they had to continue to lend to the real economy. (more…)

SAP FI module able to do everything related to accounting and finance from a company. It can be thought of as the financial manager who can review the financial position in real time in accordance with existing procedures.

Because the resulting data is real time, so this module can help decision-making and strategic planning better. All modules MM (Materials Management), PP (Production Planning), SD (Sales and Distribution), CO (Controlling) and HR (Human Resources) module is integrated with FI. (more…)

As already presented in previous articles about the accounting terms. Accounting is called the language of business because it is a tool to deliver financial information to parties who need it. The better we understand the language, then the better our decisions, and the better we are in financial management. To convey such information, the accounting reports are used or what is known as financial report. The financial report of a company usually consist of four types of reports, namely the balance sheet, income report, report of capital changes and cash flow report.

Balance Sheet, is a systematic list of assets, debt and capital on a particular date, which is usually made at the end of the year. Referred to as a systematic list, because the balance sheet is based on a particular order. In the balance sheet can be known how many of the company’s assets, the company’s ability to pay obligations and the ability of the company obtained additional loans from outside parties. It can also be obtained information about the company’s debt to the creditor and the amount of existing owners of investment in the company. (more…)