Methods of accounting and valuation of fixed assets

To obtain information on the availability of certain groups of fixed assets, their technical condition and cost, fixed assets are accounted for both in kind and in value terms. Fixed asset accounting data in physical terms make it possible to determine the production capacity of the enterprise, productivity, service life, composition, etc. Monetary expression is […]

Management of foreign economic activity

A firm or organization can manage its foreign economic activity using six main management functions: 1. Planning – drawing up short-, medium-term and long-term plans for the development of foreign economic activity, as well as developing business plans for new foreign economic projects 2. Organization – creation (formation) of organizational units of the company for […]

Foreign trade of the Republic of Belarus

One of the main forms of foreign economic activity is foreign trade. Foreign trade is trade between countries, consisting of export (export) and import (import) of goods, services, results of intellectual activity. Foreign trade is a specific sector of the economy associated with the sale of part of the gross product (goods, services, ideas) in […]