In the world of microeconomics, and especially in B2B projects, this analysis is not just a scribble of numbers on paper, it becomes the foundation that enables companies to make more rational, measured, and strategically aligned decisions.
Fiscal policy was first introduced by John Maynard Keynes, and became widely adopted globally following the Great Depression after World War I in 1929. According to Keynes, the government has the right—and obligation—to manage national income and expenditure by setting taxes and creating policies to support macroeconomic stability.
As a financial administrator, the CFO is responsible for recording, monitoring, and reporting financial data accurately and in compliance with applicable accounting standards such as IFRS or PSAK.
Tax planning is one of the important aspects of financial management for both companies and individuals. This is because taxes have a significant impact on cash flow, profitability, and long-term financial strategies.
Profit and loss analysis helps businesses understand profitability and determine whether the company is earning more than it spends.
Good financial management is key to sustaining and growing a business. In an era of globalization and digitalization, efficient and effective financial management is increasingly important for companies to stay competitive and achieve their business goals.
There have been a significant reduction in the consensus of 2022 and 2023 global growth forecasts. According to World Bank, the invasion of Ukraine by Russia along with continuous supply disruptions caused partly by the pandemic, and various tightening of macroeconomic policies to reduce inflation and reverse the pervasive measures taken during that time, are few of the most significant factors that contribute to this phenomenon.
