IAS 1 regulates the contents and layout bases of the financial statements. Financial statements addressees are those who cannot demand customized reports from the company for their own information needs. A complete financial statement includes the stateme

In 2013, the cash-flow-to-sales ratio of the Austrian manufacturing sector reached an estimated 9.0 percent, a value significantly below the long-run average of 9.6 percent. The persistently muted performance of the manufacturing sector has affected the cash-flow-to-sales ratio, which declined...

In response to the conflict between Ukraine and Russia, which has so far led to the Crimea being annexed by Russia, the USA and EU have introducted sanctions against individuals by way of refusing their entry and blocking their bank accounts and are threatening to increase the circle of those...

In response to poor cyclical prospects and low inflationary expectations, the ECB introduces non-standard purchasing programmes and adds securities of higher risk to its assets. Jean-Claude Juncker is confirmed President of the European Commission by the European Parliament. The European Council...

The WIFO Business Cycle Survey serves as an important early-indication tool for the economic situation in Austria. Using a Markov regime-switching model, it is possible to determine at an early point in time whether the business cycle is in its upward or downward mode. Regime probabilities are...

The European Central Bank starts to purchase government bonds of euro-zone countries; the Expanded Asset Purchase Programme (EAPP) is intended to increase liquidity in order to ward off the risks of a prolonged low inflation phase. Greece requires more financial aid. The sanctions imposed by the...

1996 hat sich das reale Bruttoinlandsprodukt (BIP) wahrscheinlich um nicht ganz 1% erhöht. Bei etwas sinkender Beschäftigung und leicht steigender Arbeitslosigkeit erhöhte sich die Arbeitslosenquote (OECD-Definition) auf 4%. 1997 dürfte das reale BIP nur wenig beschleunigt expandieren....

Die Förderung der Außenwirtschaft ist überall ein wesentlicher Bestandteil der Wirtschaftspoltik. Das Instrumentarium ist auch in Deutschland immer wieder Gegenstand öffentlicher Diskussion und parlamentarischer Anfragen. Vorschläge für Reformen werden teilweise mit Forderungen nach einer...

Die österreichische Wirtschaft hat sich im westeuropäischen Vergleich wieder deutlich verbessert. Das reale Bruttoinlandsprodukt (BIP) erhöhte sich um rund 3,25%. Da das Arbeitskräfteangebot erheblich zunahm, blieb die Arbeitslosenquote mit ca. 4,5% nahezu unverändert. 1999 dürfte die...