Categories
Resources for Accountants

Public Exam 13/06/2022 [Video]

Public Exam 13/06/2022

Below, we take a look at the history of accounting, from its origin story to its modernization. Dial up those time coordinates, and strap in for a journey that goes beyond credits and debits.
We begin over 7,000 years ago, in Ancient Mesopotamia.

This cradle of civilization was where the seeds of modern society were planted in developing the concept of a city and a written language. The agrarians of this society, as businesspeople, needed to keep track of their growth and output of crops and herds. They used a system of accounting to determine whether there was a crop shortage or surplus at the end of a period of harvest each season.

This was the earliest known record we have of accounting.

Fast forward to the Roman Empire– roughly in the 14 B.C.-63 A.D. range. Emperor Augustus is a rich and powerful leader, and the Roman government collects detailed financial information about the leadership of Augustus.

This information is published in “The Deeds of the Divine Augustus,” and features details of transactions such as grants of land and money to veterans, building of temples and other religious structures, and entertainment and gladiatorial spend. This type of concentrated, detailed record of transactions suggests an early notion of accounting in the modern sense. The Roman army also kept a detailed record of cash and commodities that were traded for.

An account history is a running record of all of the financial transactions logged in a bank, credit card, or investment statement. In a bank or credit card statement, the account history records all credits and debits. In a statement from a broker, it records all purchases and sales of assets.

Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities.
Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities.

Accounting Principles..,
Accounting principles are the rules and guidelines that companies must follow when reporting financial data. The Financial Accounting Standards Board (FASB) issues a standardized set of accounting principles in the U.S. referred to as generally accepted accounting principles (GAAP).

https://youtu.be/o9XcSVYhHTA
https://youtu.be/UCV6T-c8ADY
https://youtu.be/Ixdo2vMUAwE
https://youtu.be/b
https://youtu.be/Kx56wGEOZQQ
https://youtu.be/wpL11HK1rmY
https://youtu.be/-htA929WTxI
https://youtu.be/gVP05d5IJm4
https://youtu.be/eTI3v9ETdzE
https://youtu.be/YEB6AFoKcIw
https://youtu.be/AU7CM0UhhD8
https://youtu.be/FBWta0qryfI
https://youtu.be/EkXmpzoKR3Q
https://youtu.be/Tc_LfHrEuBE
https://youtu.be/OUSu6kIXCZQ
https://youtu.be/-5puw7Vxs4A
https://youtu.be/zVK7sAJuvOI
https://youtu.be/FpjuenzipOMk_iR7k2Y
https://youtu.be/symtnzs6Lp0
https://youtu.be/KDuYvpt5GtQ
https://youtu.be/8sTNsXCuziU
https://youtu.be/cnuPGXdsE8U
https://youtu.be/BT3rBGZp0s8
https://youtu.be/nQWHF8mZyQk
https://youtu.be/77veSGiRvpU

Watch/Read More
Categories
Resources for Accountants

Starting an Etsy Shop Business Tips | Free Etsy Shop Business Plan Template Included [Video]

How to start an Etsy Shop Business; 10 essential ingredients for business startup success.Now you can get your free business plan template gift here: https://www.bizmove.com/business-gifts.htm - This is a high quality, full blown business plan template complete with detailed instructions and all the related spreadsheets. Allows you to easily prepare a professional business plan for your new businessAlso get free small business guides, tools, and worksheets at: https://www.bizmove.com

Categories
Resources for Accountants

Accountant or Bookkeeper? Which Role Is Right for You [Video]

Become a Controller; enroll in the Controller Academy 🚀 https://controller-academy.com/courses/controller-academy This video will be your ultimate guide on the differences But more importantly, I am gonna focus on how you can make high 6 figures with either of these 2 professions So here is our agenda: we'll take a look at the Job responsibilities of both the bookkeeper and the accountant We'll talk about the education requirements And then, I'll tell you How you can earn high 6 figures regardless of whether you chose to be a bookkeeper or an Accountant Time Stamps: 00:00 Intro 00:27 Agenda 00:46 1. Job Responsibilities 02:23 2. Education Requirements 04:07 3. How Accountants Make $100K plus 06:37 4. How Bookkeepers Make $100K plus ----------------------------------- Hang Out with me on social media: 📸 https://www.instagram.com/the_financial_controller/ 📱https://www.tiktok.com/@thefinancialcontroller https://www.linkedin.com/in/bill-hanna-cpa-7653a851/ DISCLAIMER: Links included in this description might be affiliate links. If you happen to purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week! All views expressed on my channel are mine alone. Not intended as financial or professional advice

Categories
Resources for Accountants

All about Stock halt- Easy Explaination- Part 1 [Video]

In this video, you will learn about stock halt, its rules, and how it is triggered.#stockhalt #stockmarket #wallstreetmojo #stockexchange #regulatorChapters:00:00 – Introduction00:35 – What is the stock halt?01:29 – Rules02:17 – Triggers of stock halt02:48 – ConclusionWhat is the stock halt?A stock halt is a scenario where the exchange halts trading in a particular stock for some time.It may be done when a regulatory action is imposed, important news is being anticipated, or a particular stock is just being bought or sold excessively.(Explained in detail in the video)RulesWhen a stock is halted for trading, it is coded with an identification number like T1, T2, T5, H10, etc.When the situation arises for halting trading in a particular stock, the exchange announces a halt to all brokers.Triggers of stock haltIf the stock price fluctuates up and down due to high volatility, then the exchange will either halt the trading, or the circuit breakers will be activated.Trading halts have been put into place so that a select group of individuals with significant capital does not manipulate prices to their whims and fancies.This will be all for this video. Subscribe to the channel, like the video, and share it with others.==========================================================================Subscribe to Our Channel –Youtube https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1LinkedIn https://www.linkedin.com/company/wallstreetmojo/Facebook https://www.facebook.com/wallstreetmojoInstagram https://www.instagram.com/wallstreetmojoofficial/Twitter https://twitter.com/wallstreetmojo