The economic and financial situation is so convoluted that companies have to make real financial engineering. Currently based out any financial aspect is crucial in organizations, but from Finance Strategy wonder if there is any priority or major concern for any specific area of financial management. That’s why we published a survey with which we intend to know if during this year’s financial managers will focus their objectives in seeking financing, risk control, improved management or strategy development internationalization.

The results obtained so far show that the risk control and the search for funding are the main priorities. Do you agree with this result?

No doubt, there can be limited to a single priority for financial management has to play many sticks and cannot leave any leg of their activity without considering and look closely. Thus, the managers have noted the views that have made Linkedin. In any case everything happens for a lack of credit and therefore the need of working capital.

What do you think are the priorities of the CFO in 2011?

The IRS has a very interesting newsletter frequently asked questions related to job loss and its relation to taxes, here are the most important guidelines:

The following Questions and Answers provided by the Internal Revenue Service (IRS) to clarify the financial implications related to the taxes faced by employees who have lost their jobs, have provided references for additional information.

“Severance pay is taxable?

Yes, severance pay is taxable in the year you receive it. Your employer will include the amount of these payments on Form W-2 and is going to withhold federal and state taxes, for additional information see Publication 525.

How about the hours accrued vacation or illness?

Yes, the annual pay or accrued vacation or sick are calculated by the employer as part of their salary and will be included on Form W-2. (more…)

The possibility of access to credit and loans from individuals or companies enables recirculation of money from the sector of the economy where there are surplus to the sector of the economy where there is demand for it. This activity promotes the growth of economic activity, commercial and industrial development of any country.

In principle, if the money comes from bank in the form of loans or, which is, loans, these channels enter a country’s trade and generate activity. This activity is growing gross domestic product and makes the same economic variables are “hot” inflation rising slightly by excess demand for goods and services.

Some countries and territories that seek to fear inflation that money in the banks is getting, so “cool” commercial and business activity. This is accomplished through sterilization strategies among which are going out to buy U.S. dollars in circulation in excess of the local currency of the country.

Money is important, I think, without wanting to belittle its value, especially in these times when so few walks, professionals need more to feel good in their work.

That the salary was not everything, we’ve always known and if not, the Maslow pyramid, which already has a few years old, reminds us.

There are new demands for professionals looking for more than a salary. What is new is that in times of cutbacks, businesses are forced to seek cheaper and more effective ways to reward talent and performance.

Whether obligation or real conviction, I believe that companies today have a great opportunity to enhance their management models, motivators that go beyond the purely economic. (more…)

“Somewhere in your life because you have not asked is that these things of wealth and success in most cases happen to the rich? Sometimes it seems that we believe there is a “fuku” or a spell put before the world where only the rich are entitled to be richer and the poor are entitled to, with great effort, only to become middle class, but in the end is more likely to stay poor. A book that deals with this concept of “luck of the rich” or the opportunities that present themselves to the rich is “The Richest Man in Babylon” by George Clason, and gives a very interesting response to this issue.

I have a long time without reading the book, but at last the story is defined as follows: “Luck does not waste time with the poor.” Let me clarify that the concept of poor here is not the fact of not having money, but the concept of living a life which always spend more than you produce. If you earn $ 1,000 a week and spend $ 1.001, are poor. The key to wealth is to produce income and spend less than you have in order to grow the rest. The concept of luck (to start a business, make money by investing, getting rich, etc..) Has more to do with opportunities to hit upon the lottery. If you do not have enough savings or money ready to be invested, it is very difficult for you to get the “opportunity” to generate more income and eventually become rich. (more…)