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Resources for Accountants

Equity Investment in TARAK COFFEE TALK [Video]

#equityinvestment #coffeetalk #equityinvestmentcoffeetalk #usgaap #ifrs#earningsmanagement #opportunisticbehaviour #vbl #equityaccounting#consolidationaccounting You are invited! Bring your own coffee cup and screen!Let’s discuss an interesting topic of the Firm Equity Investment Decision.Please share some comments to further discuss! Looking forward to hearing from you!Discussed article source: Firm Equity Investment Decisions and U.S. GAAP and IFRS Consolidation Control Guidelines: An Empirical AnalysisAllison K. Beck, Bruce K. Behn, Andrea Lionzo, Francesca Rossignoli (2017)

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Resources for Accountants

The 5 Largest Companies in the U.S. by Revenue [Video]

Here are the 5 largest companies in the U.S. as measured by revenue in the last 12 months:#5: CVS ($284.8 billion)The first CVS was founded in Lowell, Massachusetts in 1963. CVS, which stands for “Consumer Value Stores,” initially focused on health and beauty products but expanded into the pharmacy business in 1967. CVS grew largely through acquisition, as it bought hundreds of drug stores from other companies over the years. Today, there are over 9,900 CVS stores in 49 states. And CVS has continued its expansion, merging with health care company Aetna in 2018. #4: Berkshire Hathaway ($346.0 billion)Berkshire Hathaway was formed by the merger of Berkshire Fine Spinning Associates and Hathaway Manufacturing Company in 1955. These two firms could trace their histories back to 1839 and 1888, respectively. In 1965, Warren Buffet and a group of investors took control, and Berkshire Hathaway went on to become the most famous holding company in the world. #3: Apple ($365.8 billion)Apple was founded in California in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. Wayne sold his shares to Jobs and Wozniak just 12 days later, which is a shame because Apple went public in 1980 and went on to become the world’s most valuable company. At the time this video was made, Apple was worth close to two-and-a-half trillion dollars.#2: Amazon ($458.0 billion)Amazon was founded in 1994 in Washington state by Jeff Bezos. Bezos was working at a hedge fund at the time, but with the rise of the internet he spotted an opportunity to create a large online retailer. Amazon started out selling books but it wasn’t long before it expanded into other product categories. Along the way Bezos also created Amazon Web Services, a provider of cloud computing services that generates even more profit than Amazon’s retail operations.#1: Walmart ($571.9 billion)This discount retailer was founded in Arkansas in 1962 by Sam Walton. Walton was 44 years old at the time and had previously been a top-performing franchisee for the retailer Ben Franklin. Walmart went public in 1970, and today has more than 10,500 retail stores around the world with 2.2 million employees. So there you have it, the 5 largest companies in the U.S. as measured by revenue.How do you think this list will change in the future? Let me know in the comments below.— Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education accessible to all people.— SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS: • A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING• A 44-PAGE GUIDE TO U.S. TAXATION• A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS• MANY MORE FREE PDF GUIDES* http://eepurl.com/dIaa5z— HIRE MICHAEL MCLAUGHLIN, PHD, CPA * https://michaelmclaughlin.com/hire-me — GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT * https://edspira.thinkific.com — LISTEN TO THE SCHEME PODCAST * Apple Podcasts: https://podcasts.apple.com/us/podcast/scheme/id1522352725 * Spotify: https://open.spotify.com/show/4WaNTqVFxISHlgcSWNT1kc * Website: https://www.edspira.com/podcast-2/ — GET TAX TIPS ON TIKTOK * https://www.tiktok.com/@prof_mclaughlin — ACCESS INDEX OF VIDEOS * https://www.edspira.com/index — CONNECT WITH EDSPIRA * Facebook: https://www.facebook.com/Edspira * Instagram: https://www.instagram.com/edspiradotcom * LinkedIn: https://www.linkedin.com/company/edspira — CONNECT WITH MICHAEL * Twitter: https://www.twitter.com/Prof_McLaughlin * LinkedIn: https://www.linkedin.com/in/prof-michael-mclaughlin — ABOUT EDSPIRA AND ITS CREATOR * https://www.edspira.com/about/

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Resources for Accountants

What is Cryptocurrency? [Video]

In this video, we will cover everything related to cryptocurrency, like what is a cryptocurrency, why you should buy cryptocurrencies, and how the whole process works.What is cryptocurrency?Cryptocurrency is a decentralized digital asset or currency that you can use for online transactions to buy goods and services or even investments to make profits.It is not like physical paper money that you can touch; instead, these currencies are made from computer coding and stored in some sort of a digital form or space, from where you can sell, exchange or transfer them.Why Should You Buy Cryptocurrencies?- Gives you control over your money value and protects you from factors such as inflation- Keeps your transactions and information safe from hackers.- Saves your pocket from third-party fees.- Gives a chance to earn hefty profits in future.How does the cryptocurrency transaction take place?- You log in to your digital wallet.- Other network members add your transaction to form a new block.- This block gets added to a chain of blocks called blockchains.- Once the transaction is made, miners have to solve a new complex math puzzle to add a new block, and they also get a chance to earn rewards.- This process is called mining and adds a new crypto block into the market.In this video, we also discuss how you can buy cryptocurrencies and what are some of the best cryptocurrencies that you should aim to buy.For more details, you can refer to our article at- https://www.wallstreetmojo.com/cryptocurrency-top/Youtube ➤ https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUwLinkedin ➤ https://www.linkedin.com/company/wallstreetmojo/Facebook➤ https://www.facebook.com/wallstreetmojoInstagram➤https://www.instagram.com/wallstreetmojoofficial/Twitter➤ https://twitter.com/wallstreetmojo

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Resources for Accountants

How Many Weeks for NINJA CPA Book | Struggling with CPA Exam Sims | Another71 [Video]

How many weeks should you spend reading the NINJA CPA Review Book? What to do if you’re doing well on your CPA Exam questions, but struggling with the simulations. See More ➤ https://www.another71.com/cpa-exam/podcasts/—CPA Forum ➤ https://forum.another71.com/Free Notes ➤ https://www.another71.com/lp/free-downloads/Study Planner ➤ https://www.ninjacpareview.com/get-your-study-framework/- – -Get the Latest CPA Exam News: Subscribe & Ding the Notification Bell ➤ https://www.youtube.com/c/CPAExamNINJAs?sub_confirmation=1- – -#cpaexam #accountingmajor #accountingstudent

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Resources for Accountants

Journal Entry for Accounts Payable [Video]

Accounts payable is a liability that represents amounts the company owes for the purchase of goods or services on credit. Accounts payable is also known as trade payables and is typically classified as a current liability on the balance sheet.When a company purchases good or services on credit, the company debits an expense account or an asset account (e.g., inventory) and then credits accounts payable. When the company later pays the supplier, the company debits accounts payable and credits the cash account.— Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education accessible to all people.— SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS: • A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING• A 44-PAGE GUIDE TO U.S. TAXATION• A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS• MANY MORE FREE PDF GUIDES* http://eepurl.com/dIaa5z— HIRE MICHAEL MCLAUGHLIN, PHD, CPA * https://michaelmclaughlin.com/hire-me — GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT * https://edspira.thinkific.com — LISTEN TO THE SCHEME PODCAST * Apple Podcasts: https://podcasts.apple.com/us/podcast/scheme/id1522352725 * Spotify: https://open.spotify.com/show/4WaNTqVFxISHlgcSWNT1kc * Website: https://www.edspira.com/podcast-2/ — GET TAX TIPS ON TIKTOK * https://www.tiktok.com/@prof_mclaughlin — ACCESS INDEX OF VIDEOS * https://www.edspira.com/index — CONNECT WITH EDSPIRA * Facebook: https://www.facebook.com/Edspira * Instagram: https://www.instagram.com/edspiradotcom * LinkedIn: https://www.linkedin.com/company/edspira — CONNECT WITH MICHAEL * Twitter: https://www.twitter.com/Prof_McLaughlin * LinkedIn: https://www.linkedin.com/in/prof-michael-mclaughlin — ABOUT EDSPIRA AND ITS CREATOR * https://www.edspira.com/about/

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Resources for Accountants

CalSTRS Teachers’ Retirement Board Meeting | Audits and Risk Management | November 4, 2021 [Video]

Audits and Risk Management – November 4, 2021Item 1. Approval of Committee Agenda 1:57Item 2. Approval of Minutes of the July 9, 2021, Audit and Risk Management Committee 3:08Item 3. Annual Report of Benefit Payment Modifications for FY 2020-21 3:53Item 4. 2021 Internal Audit Plan Progress Report 9:07Item 5. CalSTRS Independent Financial Statement Auditor Reports for the Year Ended June 30, 2021 16:19Item 6. 2021 Management Letter 55:05Item 7. 2022 Enterprise Compliance Services Plan 1:00:47Item 8. 2022 Internal Audit Plan 1:21:45Item 9. Review of Information Requests 1:37:10Item 10. Draft Agenda for the Next Committee Meeting 1:37:31Item 11. Opportunity for Statements from the Public 1:38:32

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Resources for Accountants

Strategy and Objective Setting for ESG Related Risks [Video]

The current ESG reporting and assurance landscape is rapidly evolving to meet the need of investors, regulators, and other financial reporting stakeholders, which can present disclosure risks for public companies. Gain an understanding of the current ESG reporting and assurance landscape. Further, experts will discuss upcoming regulatory developments and how they might impact your organization’s ESG strategy and the broader E&C profession.Learning Objectives:Gain insights into findings from the Center for Audit Quality’s ESG Reporting and Assurance Analysis of S&P 500 companiesUnderstand the potential impact of upcoming regulatory developmentsLearn how these developments might impact the E&C profession

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Resources for Accountants

20Books Vegas 2021 Day 3 – Basic Recordkeeping [Video]

Keyword: BusinessSpeakers: Lisa GardinaDescription: Basic RecordkeepingDisclaimer: The views of 20Books Vegas 2021 guest speakers are their views alone and do not represent the views of 20Booksto50k(R) or the conference or the conference organizers.Bio: Lisa GardinaLisa Gardina is the President and Founder of Money Mentors, LLC, a financial organization company committed to helping families of all wealth levels consolidate financial data to thoughtfully produce usable information to facilitate improved financial decision-making. A seasoned financial professional, Lisa has over 25 years of experience handling finance and organization issues for high profile individuals, families and companies. Ten of those years were spent as a Finance Leader in Oprah Winfrey’s Family Office. Prior to working personally for Oprah Winfrey, she honed her analytical and coaching/training skills at PricewaterhouseCoopers, Deloitte & Touche and BNY Mellon. Lisa also has a wealth of experience in the philanthropic realm, the most recent being the Co-Founder and Treasurer of the Dyslexia Action Group of Naperville. She holds a Master of Business Administration from Robert Morris University and received her Bachelor of Science degree in business and accounting, with a minor in economics, from the University of Pittsburgh. Lisa is a Certified Public Accountant and Certified Financial Educator. She is a member of the AICPA in the Personal Financial Services sector.Read Craig Martelle’s Successful Indie Author series: SIA1 – https://geni.us/BecomeSuccessful SIA2 – https://geni.us/ReleaseStrategies SIA3 – https://geni.us/Collaborations SAI4 – https://geni.us/WriteCompellingFiction SIA5 – https://geni.us/PricingStrategies Disclaimer – If you’re in the US, there is an embedded affiliate link where the author gets a small percentage of revenue from the sale, but at no additional cost to you.