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Cryptocurrencies its Impact and Recognition Jessica Padilla; Johana Molina Galeano; Marcela Amaya; Orlando Carmelo Castellanos Polo
International Journal of Integrative Research Vol. 1 No. 3 (2023): March 2023
Publisher : MultiTech Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (660.617 KB) | DOI: 10.59890/ijir.v1i3.49

Abstract

The objective of this research article is to publicize the emergence of cryptocurrencies and their origins, thus knowing the impact that different currencies are having in the commercial, financial and economic fields through investments, and to know a little about their recognition. We will also mention the different digital currencies or also called cryptocurrencies or cryptocurrencies most used from the moment the purchase begins until the result is obtained, analyzing whether this has a positive or negative impact on the market and how it behaves, as well as the different types of investments and wallets that have emerged over time. In order to understand the economic and financial impact of digital currencies in the economy, different bibliographies related to the trajectory and effect of cryptocurrencies were read, analyzed and filtered, tables were also made and graphs were studied to know the financial behavior through digital currencies. Every day there are more investors interested in learning about these. Its economic results are very diverse depending on the period and how it is coupled with financial institutions, its value remains up and down, it is not something stable. Their legality or not has not yet been decided since it is legal, that is to say that no law prohibits or protects or regulates them. It is concluded that per day, there are more companies interested and that accept cryptocurrencies to obtain their benefits, this investment method is increasingly used. Bogotá is positioned as the city in Colombia that carries out transactions with these crypto assets the most, although the list of users is still small and investors are few. This type of transaction has caused a new practical revolution in the local market, allowing various national and international economic functions to be carried out  this favors the expansion of transactions geographically.
The importance of having an inventory control system for the presentation of financial information for small businesses. Leidy Johana Posada Moreno; Orlando Carmelo castellanos polo
International Journal of Economics, Business Management and Accounting (IJEBMA) Vol. 2 No. 2 (2020): July 2020
Publisher : MultiTech Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59890/ijebma.v2i2.176

Abstract

The purpose of this investigation is to publicize the importance for small companies to implement an inventory control system for the presentation of their financial statements. In many cases, one may come to think that accounting should be applied to large companies and that small-scale businesses do not need it, but the reality is different, based on the fact that accounting seeks to provide the same objective for all companies, to control the resources and generate profits that help them to remain in time, in favor of this and to achieve a contextual knowledge of the study, a brief historical review of accounting is carried out from its origin, reaching the implementation of IFRS
Corporate Social Responsibility Financial Sector in Colombia, History, Evolution and Transformation Liseth Patricia Ortega Salgado; Orlando Carmelo Castellanos Polo
International Journal of Economics, Business Management and Accounting (IJEBMA) Vol. 2 No. 2 (2020): July 2020
Publisher : MultiTech Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59890/ijebma.v2i2.177

Abstract

The purpose of this research is to understand and learn about Corporate Social Responsibility in the Financial Sector in Colombia in terms of the different issues that refer to it as the importance in the transformation and management of financial resources for the good of its interest groups and society. In general, we will see its history, evolution and transformation until today