Earnings season: Easy explanation [Video]

Impairment exists when the carrying amount of an assets exceeds its fair value, but not all impairment is recorded in the financial statements. Determining if an asset or an asset group is impaired takes a significant amount of judgment and an understanding of the requirements of the different impairment tests within U.S. GAAP. No worries. This CPE-eligible, eLearning course (1.5 CPE) has you covered! After discussing the scope of the impairment guidance and the concept of asset groups, this online course walks you through the "trigger-based" impairment test found within ASC 360 that is applicable to PP&E and intangible assets with finite lives. What about intangible assets with indefinite lives? We cover that too as we walk through the guidance within ASC 350. The online course concludes with a review of the presentation and disclosure requirements within U.S. GAAP related to impairment. If you’re looking for guidance on testing goodwill for impairment, you won’t find it in this course. We have a separate eLearning course dedicated to that topic. This is the first course in our 2-part impairment training series. Take our self-study eLearning course here: https://revolution.gaapdynamics.com/learn/course/external/view/elearning/28/impairment-ppe-and-intangible-assets Learn more about GAAP Dynamics: https://www.gaapdynamics.com/ Check out our other online courses on the GAAP Dynamics Learning Library: https://www.gaapdynamics.com/individual-learning/ Subscribe to GAAP Dynamics to see more videos like this!

In this video tutorial, we will talk about the top key differences between investing and trading.What is Trading?Trading is aimed at earning quick profits by holding on to stocks for a short period of time (such as weekly, monthly, daily).What is Investing? Investing involves a gradual building of wealth and assets by buying and holding on to a portfolio of stocks for a time period that may sometimes reach even 10 to 15 yrs.Some other key factors that differentiate between investing and trading are:- Method/approach involved.- Time factor.- Risk factor.#investingvstrading #wallstreetmojo #tradingvsinvestingFollow us at : Youtube ➤ https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUwLinkedin ➤ https://www.linkedin.com/company/wallstreetmojo/Facebook➤ https://www.facebook.com/wallstreetmojoInstagram➤https://www.instagram.com/wallstreetmojoofficial/

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2022 AICPA and CPA.com Startup AcceleratorThe accounting and finance profession will continue to adapt to change brought upon by regulatory compliance, task automation, blockchain, and more. We are looking to the future. Investment in new technologies enables firms to stay ahead of the curve and provide client-centric services. AICPA and CPA.com have identified ten innovative startups focused on Automation, AI, and ESG technology in the accounting and finance ecosystem. #Startupaccelerator #Accounting #ESG #Finance