By: C.P. y M.A. Ana Ma. Díaz
Instituto Tecnológico Autónomo de México
Companies are accustomed to submitting financial reports with historical, financial and quantified information. However, these features impose limitations at the moment of understanding and making decisions in a business.
By: Norma Leticia Leal
Autonomous Technological Institute of Mexico
It is undeniable that the technological advances of social media outlets have transformed the way businesses communicate with the public and in particular with investors. Currently, the general director of a company and the members of senior management may disclose corporate information via Facebook, Twitter, Tumblr and other online media as well as traditional means of communication.
New Revenue Recognition Standard
Instituto Tecnológico Autónomo de México
When to recognize revenue is one of the current issues that has impacted the accounting field. It seems to be a simple matter in itself or a simple concept, without complexity, however, revenue recognition in economic environments is critical and its determination is often as sophisticated as the different economic activities.
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