Finance, Accounting and Taxation

The implementation of finances is key factor in a business level in order to maximize profits, increase market share, and maximize the value of the company to its shareholders.

In the financial function is important to manage the financial position as well as managing the economic position. Both are related with final goals of the company and must contribute entirely in the fulfillment of the mission.

Most of the decisions taken in the financial area of a company have an impact on the growth of this area, the increase of competitiveness, the incorporation of new technologies and innovation, the reduction of margins, and occasionally on the realization of investments, mergers and acquisitions. Changes in the interest rates, the degree of inflation and uncertainty in supplies and investments contracts, economic crisis with changes in capital markets and financial intermediation, and more situations, provide the framework in which the company must decide and operate.

From budgeting activities and treasury, costs management – being  this variable the principal for most companies given their reduced or limited capacity to negotiate prices– , the economic and financial diagnose in their performances, the profitability of their investments, and the achievement of a funding in a timely manner, are essential stages for completing business management.

Furthermore, fiscal management must be taken into account as part of the overall system to which it belongs, which is related directly with the development of the activity, the outcome, and the company itself, taxes that affect the mobility of capital, relations with contributors, suppliers and clients, the exportations and more aspects affecting its performance.