The importance of having a strategy for your company in difficult economic times.
The IMACEC (Monthly Index of Economic Activity) is a tool used in Chile to measure the evolution of economic activity in the country. It is calculated monthly and provides a short-term view of the state of the Chilean economy. When the IMACEC shows an economic contraction, it means that the economy is slowing down or experiencing a recession in that period.
Why should companies care about sustainability?
Businesses should be concerned about sustainability for a number of reasons ranging from ethical responsibility to efficient, long-term management of their operations. Here are some of the main reasons why companies should place a strong emphasis on sustainability.
ESG Factors and the Role of Accounting
In an ever-evolving business environment, ESG factors have proven to be critical to a company's long-term sustainability and success. The accounting industry has a responsibility to ensure that these factors are effectively integrated into decision making and reporting, thus contributing to building a more responsible and sustainable future.
I am exempt from bookkeeping, am I not?
As from 2020, tax year 2021, the new tax regimes included in Law No. 21,210 on tax modernization will come into force: (i) Article 14 letter A, full regime, (ii) Article 14 letter D number 3, pro-small and medium-sized companies regime, and (iii) Article 14 letter D number 8, transparent pro-small and medium-sized company regime. The pro-SME and transparent pro-SME regimes calculate their taxable base [...].