Finance Bank – what exactly is it? Definition of the term There are many banks in Poland, and each offers different services. However, all banks have one goal –…
Finance Audit of financial statements – definition of the term The most important source of information about a company’s financial position is its financial statements. The preparation of…
Finance Fixed assets – definition of the concept, examples Fixed assets are a type of asset that can be used for long-term investment. These assets include real…
Finance Monetary assets – what are they? Definition of the term Money is a ubiquitous part of our daily lives. We pay for electricity, for food, for housing, and…
Finance Financial assets – what they are, long-term and short-term Financial assets are an important part of the Polish economy. They are a source of income for many…
Finance How to remove a mortgage from the land register? After a home loan or other obligation that was secured by the creditor’s creation of a mortgage has…
Finance BIK, BIG, KRD, Erif. What are the economic and credit information bureaus in Poland BIG versus BIK – what are the differences between these institutions? What is a business information bureau and…
Finance PIT, CIT, VAT, excise taxes. Types of taxes in Poland Taxes. A word that makes every one of us dizzy to say the least. We all pay them,…
Finance How to get out of the debt loop? A credit spiral, or debt loop, is a situation in which a person takes out one loan just…
Finance Bridging insurance. Is it necessary and what do you need to know about it? Bridging insurance is designed to protect the interests of the bank before it secures the loan by establishing…