Facebook iconTwitter icon
B2B-Network:
Analysis
Continuous Accounting: Easing The Process
Thumb continuousaccounting

The traditional accounting systems were not built for the modern economy, since it keeps changing and is always filled with risks. Therefore, it is vital for companies to examine their financial data to gain foresight on how they should make wise financial decisions in the future. The dated accounting process will make the periodic transactions problematic for the organization. This is because large sets of un-reconciled data eat on the productivity of the organization employees, particularly the accountants. Continuous accounting has its perks for any given organization....

» Read more
Analysis
The Greece Economic Situation
Thumb griechenland wirtschaft

Greece's economy is catching up fast. According to figures published on Monday by the Hellenic Statistical Authority, its gross domestic product (GDP) in the first quarter of 2018 increased by 0.8 percent. This is compared to the fourth quarter of 2017, when growth reached 0.2 percent. The Greek economy has clearly gained momentum, with its progress being twice as high as the average for countries in the Eurozone. In contrast to the first quarter of 2017, GDP growth was 2.3 percent. 

That's good news for Greek Prime Minister Alexis Tsipras. The latest growth figures fit into...

» Read more
Loader