Industrial Layout: Everything You Need to Know
Posted: Mon Dec 09, 2024 5:13 am
Americanas recently discovered “accounting inconsistencies” in its balance sheet, the materiality of which is close to R$40 billion. Consequently, these debts led CEO Sergio Rial and CFO André Covre to resign from their positions in the company. Thus, all the media talked loan database about this topic — the so-called “Americanas deficit”. However, do you really know what happened to the company?
These controversies are more directly related to Americanas' debt with its suppliers, the importance of which has been underestimated over the last few years. This happened due to an operation called “risk withdrawn” — a strategy in which the client, Americanas, allowed the supplier to receive payment from the bank in advance.
The bank, in turn, received the payment directly from Americanas. However, the risk drawn was recorded in the “suppliers” account, while the ideal recording of risk drawn operations is in the “balance sheet” — as bank debt. This inconsistency caused economic disruption to the company, mainly due to the delay in being noticed.
In addition, there was another problem within the retail giant's crisis. This second problem occurred because the financial expenses of operations were not being correctly accounted for in the P&L. When we mention P&L, we refer to Pay & Loss Statements — read more about DRE, a similar service from Líder Jr, here.
Instead of this correctly recorded record, these expenses were erroneously reduced from the suppliers account. This artificially inflated the company's net profit, which directly impacted its Valuation — that is, its overall value with assets, liabilities and other factors. For a more succinct explanation of Americanas' deficit, also read our post on Instagram.
How can we really prevent an economic crisis like Americanas?
There are numerous ways to organize your business to avoid serious financial inconsistencies. Understand and learn what best suits your needs through the main strategies:
Cost Analysis
Cost Analysis is a crucial process in the financial management of a company. It consists of examining and evaluating the costs associated with a product, project, process or business activity, basically. This process involves identifying and quantifying all the costs involved in the development, production and delivery of a product or service.
Such analyses include direct costs (such as materials and labor) as well as indirect costs (such as overhead and opportunity costs). In addition, it should also be combined with cash flow management for better results.
This analysis strategy is an important tool for strategic decision-making in a company. Its importance lies in its ability to help determine the ideal selling price for a product or service and to check the viability of a project. In addition, Cost Analysis also explores opportunities related to costs and profits. A well-executed analysis helps identify poor resource utilization and where adjustments can be made to improve efficiency and profitability.
These controversies are more directly related to Americanas' debt with its suppliers, the importance of which has been underestimated over the last few years. This happened due to an operation called “risk withdrawn” — a strategy in which the client, Americanas, allowed the supplier to receive payment from the bank in advance.
The bank, in turn, received the payment directly from Americanas. However, the risk drawn was recorded in the “suppliers” account, while the ideal recording of risk drawn operations is in the “balance sheet” — as bank debt. This inconsistency caused economic disruption to the company, mainly due to the delay in being noticed.
In addition, there was another problem within the retail giant's crisis. This second problem occurred because the financial expenses of operations were not being correctly accounted for in the P&L. When we mention P&L, we refer to Pay & Loss Statements — read more about DRE, a similar service from Líder Jr, here.
Instead of this correctly recorded record, these expenses were erroneously reduced from the suppliers account. This artificially inflated the company's net profit, which directly impacted its Valuation — that is, its overall value with assets, liabilities and other factors. For a more succinct explanation of Americanas' deficit, also read our post on Instagram.
How can we really prevent an economic crisis like Americanas?
There are numerous ways to organize your business to avoid serious financial inconsistencies. Understand and learn what best suits your needs through the main strategies:
Cost Analysis
Cost Analysis is a crucial process in the financial management of a company. It consists of examining and evaluating the costs associated with a product, project, process or business activity, basically. This process involves identifying and quantifying all the costs involved in the development, production and delivery of a product or service.
Such analyses include direct costs (such as materials and labor) as well as indirect costs (such as overhead and opportunity costs). In addition, it should also be combined with cash flow management for better results.
This analysis strategy is an important tool for strategic decision-making in a company. Its importance lies in its ability to help determine the ideal selling price for a product or service and to check the viability of a project. In addition, Cost Analysis also explores opportunities related to costs and profits. A well-executed analysis helps identify poor resource utilization and where adjustments can be made to improve efficiency and profitability.