![Revenue: Overview of ASC 606 [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_322_0_0jpg.jpg)
This is the introductory video to our self-study eLearning course “Revenue: Overview of ASC 606.” Check it out here: https://revolution.gaapdynamics.com/courses/revenue-overview-of-asc-606-copyASC 606 Revenue from Contracts with Customers applies to all companies, in all industries! This module walks through key concepts of the 5-step model, as well as its impact on various industries.Check out this course to learn about the core principle and steps for recognizing revenue from contracts with customers, and learn how to apply the 5-step model to revenue transactions. Learn more about GAAP Dynamics: https://www.gaapdynamics.com/ Check out our other online courses on the Revolution: https://revolution.gaapdynamics.com/catalog Subscribe to GAAP Dynamics to see more videos like these!
![Price Discrimination Explained | Management & Business Concepts [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_319_0_0jpg.jpg)
Discover what is Price Discrimination.Get Business Related Freebies: Free books from Amazon, any topic. Business, Fiction and Nonfiction:https://www.bizmove.com/free-books-online/ Video guides to improve your management skills:https://www.bizmove.com/business-management-course/ 300 free business and management guides:https://www.bizmove.com/small-business-encyclopedia/ Free business templates and tools:https://www.bizmove.com/tools/ Free management skills books:https://www.bizmove.com/books/management-skills-books.htm Free downloadable business plan template:https://www.bizmove.com/business-gifts.htm Free starting a business books:https://www.bizmove.com/books/starting-a-business-books.htm A comprehensive resource of free management and business related stuff:https://www.bizmove.com/******************Don’t forget to subscribe so you don’t miss any of our videos, we upload regularly.******************
![Lease Classification for Lessor | IFRS 16 [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_316_0_0jpg.jpg)
Under IFRS 16, the lessor’s accounting for a lease will be different based on whether the lease is a finance lease or an operating lease. Thus, the lessor must first classify the lease as a finance lease or an operating lease. If the lease transfers substantially all the risks and rewards of ownership to the lessee, then it is a finance lease. — Edspira is the creation of Michael McLaughlin, 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* http://eepurl.com/dIaa5z— 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/ — CONNECT WITH EDSPIRA* Website: https://www.edspira.com* Blog: https://www.edspira.com/blog/ * Facebook page: https://www.facebook.com/Edspira* Facebook group: https://www.facebook.com/groups/561316587899818//* Reddit: https://www.reddit.com/r/edspira* LinkedIn: https://www.linkedin.com/company/edspira— CONNECT WITH MICHAEL* Website: http://www.MichaelMcLaughlin.com* LinkedIn: https://www.linkedin.com/in/prof-michael-mclaughlin * Twitter: https://www.twitter.com/Prof_McLaughlin* Facebook: https://www.facebook.com/prof.michael.mclaughlin* Snapchat: https://www.snapchat.com/add/prof_mclaughlin*Twitch: https://twitch.tv/prof_mclaughlin * Instagram: https://www.instagram.com/prof_mclaughlin*TikTok: https://www.tiktok.com/@prof_mclaughlin
![Marginal Costing vs Absorption Costing | Top Differences You Must Know! [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_313_0_0jpg.jpg)
In this video, on Marginal Costing vs Absorption Costing, here we discuss top differences between Marginal Costing vs Absorption Costing along with infographics and comparison table.𝐖𝐡𝐚𝐭 𝐢𝐬 𝐌𝐚𝐫𝐠𝐢𝐧𝐚𝐥 𝐂𝐨𝐬𝐭𝐢𝐧𝐠?———————————————–Marginal costing is a method which considers the variable costs as the cost of the product and the fixed costs as the cost of the period𝐖𝐡𝐚𝐭 𝐢𝐬 𝐀𝐛𝐬𝐨𝐫𝐩𝐭𝐢𝐨𝐧 𝐂𝐨𝐬𝐭𝐢𝐧𝐠?—————————————————–Absorption costing is a method which considers both fixed and variable costs as product cost𝐃𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞 𝐁𝐞𝐭𝐰𝐞𝐞𝐧 𝐌𝐚𝐫𝐠𝐢𝐧𝐚𝐥 𝐂𝐨𝐬𝐭𝐢𝐧𝐠 𝐯𝐬 𝐀𝐛𝐬𝐨𝐫𝐩𝐭𝐢𝐨𝐧 𝐂𝐨𝐬𝐭𝐢𝐧𝐠——————————————————————————————————–#1 – Marginal costing doesn’t take fixed costs into account under product costing or inventory valuation. Whereas, Absorption costing takes both fixed costs and variable costs into account.#2 – Marginal costing can be categorized as fixed costs and variable costs.Whereas, Absorption costing can be categorized as production, distribution, and selling & administration.#3 – Marginal costing can be measured as a contribution per unit. Whereas, Absorption costing can be measured as net profit per unit.To know more about the 𝐌𝐚𝐫𝐠𝐢𝐧𝐚𝐥 𝐂𝐨𝐬𝐭𝐢𝐧𝐠 𝐯𝐬 𝐀𝐛𝐬𝐨𝐫𝐩𝐭𝐢𝐨𝐧 𝐂𝐨𝐬𝐭𝐢𝐧𝐠, you can go to this 𝐥𝐢𝐧𝐤 𝐡𝐞𝐫𝐞:- https://www.wallstreetmojo.com/marginal-costing-vs-absorption-costing/Subscribe to our channel to get new updated videos. Click the button above to subscribe or click on the link below to subscribe – https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1
![ROI Examples | What Is Return On Investment [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_310_0_0jpg.jpg)
In today’s video I’m going to walk you through return on investment or as we refer to the ROI analysis. And like we always do on this channel…the best way to understand anything is to go through an actual real life example.Return-on-investment is used for two purposes. the first one… is that it tells you whether an investment is a good investment or not. and the second use for it… is that it helps you Benchmark and compare completely different investments against each other.My Best-Selling Products:Get My “Night Before the Accounting Interview Guide” including All Levels Q&A:https://thefincontroller.com/p/the-night-before-your-accounting-interview-guide-for-all-levels📈 Get $25 off MY ONLINE COURSE ON FINANCIAL METRICShttps://thefincontroller.com/p/learn-financial-metrics-kpis/?product_id=2659754&coupon_code=SAVE25&preview=logged_outUse Coupon Code: Save25——————————————————————-My Recommended Products (I will only share what I love ❤ here)⚪️ 🧠 Roger CPA Review Course (get 50% off): https://www.uworld.com/productreferral.aspx?ukey=8lzsxx2bT8qzYRxekeTKyWQ3d3d⚪️ 📚 Learning//SkillShare (get 2 weeks free): https://www.skillshare.com/r/profile/Bill-Hanna/7521537My Recommended Finance & Accounting Books 📚+🧠=💥⚪️ Auditing: https://amzn.to/361wJhZ⚪️ Forensic Accounting: https://amzn.to/2G6t9bo⚪️ Introduction to Finance: https://amzn.to/2ExgUEA⚪️ Introduction to Managerial Accounting: https://amzn.to/33SEyE4———————————————————————Hang Out with me on social media:📱https://www.tiktok.com/@thefinancialcontroller🙋🏼♂️https://www.facebook.com/groups/780732429036886/?source_id=101273467885666📸 https://www.instagram.com/the_financial_controller/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.
![Investments: Debt Securities [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_307_0_0jpg.jpg)
This is the introductory video to our self-study eLearning course “Investments: Debt Securities.” Check it out here: https://revolution.gaapdynamics.com/courses/investments-debt-securitiesA debt security is any security that represents a creditor relationship with an entity and is one of the various forms of investments an entity may hold. The accounting for debt securities will depend on the classification of the investment as either held-to-maturity, trading, or available for sale. In our CPE-eligible eLearning course, you will delve into the accounting for debt securities, including the classification and measurement requirements under ASC 320 and the credit loss and impairment guidance under ASC 326.Learn more about GAAP Dynamics: https://www.gaapdynamics.com/ Check out our other online courses on the Revolution: https://revolution.gaapdynamics.com/catalog Subscribe to GAAP Dynamics to see more videos like these!
![Price Elasticity of Demand Explained | Management & Business Concepts [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_304_0_0jpg.jpg)
Discover what is Price Elasticity of Demand.Get Business Related Freebies: Free books from Amazon, any topic. Business, Fiction and Nonfiction:https://www.bizmove.com/free-books-online/ Video guides to improve your management skills:https://www.bizmove.com/business-management-course/ 300 free business and management guides:https://www.bizmove.com/small-business-encyclopedia/ Free business templates and tools:https://www.bizmove.com/tools/ Free management skills books:https://www.bizmove.com/books/management-skills-books.htm Free downloadable business plan template:https://www.bizmove.com/business-gifts.htm Free starting a business books:https://www.bizmove.com/books/starting-a-business-books.htm A comprehensive resource of free management and business related stuff:https://www.bizmove.com/******************Don’t forget to subscribe so you don’t miss any of our videos, we upload regularly.******************
![Vertical Analysis Formula (Examples) | How to Calculate it? [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_301_0_0jpg.jpg)
In this video on Vertical Analysis Formula, here we discuss how to do vertical analysis of financial statements (Balance Sheet, Income Statement) using its formula along with an example.𝐖𝐡𝐚𝐭 𝐢𝐬 𝐕𝐞𝐫𝐭𝐢𝐜𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐅𝐨𝐫𝐦𝐮𝐥𝐚?————————————————————–Vertical analysis is a kind of analysis of the financial statements in which each item in the financial statement is shown in percentage of the base figure𝐅𝐨𝐫𝐦𝐮𝐥𝐚———————Vertical Analysis Formula = Individual Item / Base Amount *100𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞𝐬 𝐨𝐟 𝐕𝐞𝐫𝐭𝐢𝐜𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐅𝐨𝐫𝐦𝐮𝐥𝐚—————————————————————————-#1 – Provides a comparable figure that can be used in comparison with past years.#2 – Helps to explain percentage / share of of the individual items.𝐃𝐢𝐬𝐚𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞𝐬 𝐨𝐟 𝐕𝐞𝐫𝐭𝐢𝐜𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐅𝐨𝐫𝐦𝐮𝐥𝐚—————————————————————————#1 – Quality analysis is not performed by using vertical analysis of financial statements.#2 – Organizational liquidity cannot be measured exactly by using the analysis.To know more about the 𝐕𝐞𝐫𝐭𝐢𝐜𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐅𝐨𝐫𝐦𝐮𝐥𝐚, you can go to this 𝐥𝐢𝐧𝐤 𝐡𝐞𝐫𝐞:- https://www.wallstreetmojo.com/vertical-analysis-formula/Subscribe to our channel to get new updated videos. Click the button above to subscribe or click on the link below to subscribe – https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1
![Highest paid Accounting skills #Shorts [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_298_0_0jpg.jpg)
Sharing a quick video highest paid accounting skills #ShortsThey are: Communication skillsProcess CreationAutomation
![Contingencies and Guarantees [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_295_0_0jpg.jpg)
This is the introductory video to our self-study eLearning course “Contingencies and Guarantees.” Check it out here: https://revolution.gaapdynamics.com/courses/accounting-for-contingencies-and-guaranteesLife is uncertain. But, how are accountants expected to predict the future when it comes to contingencies, such as lawsuits? Evaluating uncertainty can be confusing! However, this module will make it crystal clear, covering the accounting for and disclosures of contingencies under ASC 450 and guarantees under ASC 460. This module walks through the accounting considerations for unasserted claims, onerous contracts, and gain contingencies. It then delves into the accounting for guarantees in accordance with ASC 460, including related disclosures, wrapping up with a discussion of the disclosure requirements within U.S. GAAP related to commitments.Learn more about GAAP Dynamics: https://www.gaapdynamics.com/ Check out our other online courses on the Revolution: https://revolution.gaapdynamics.com/catalog Subscribe to GAAP Dynamics to see more videos like these!
![Price Elasticity of Supply Explained | Management & Business Concepts [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_292_0_0jpg.jpg)
Discover what is Price Elasticity of Supply.Get Business Related Freebies: Free books from Amazon, any topic. Business, Fiction and Nonfiction:https://www.bizmove.com/free-books-online/ Video guides to improve your management skills:https://www.bizmove.com/business-management-course/ 300 free business and management guides:https://www.bizmove.com/small-business-encyclopedia/ Free business templates and tools:https://www.bizmove.com/tools/ Free management skills books:https://www.bizmove.com/books/management-skills-books.htm Free downloadable business plan template:https://www.bizmove.com/business-gifts.htm Free starting a business books:https://www.bizmove.com/books/starting-a-business-books.htm A comprehensive resource of free management and business related stuff:https://www.bizmove.com/******************Don’t forget to subscribe so you don’t miss any of our videos, we upload regularly.******************
![Absolute Advantage vs Comparative Advantage | Top Differences You Must Know! [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_289_0_0jpg.jpg)
In this video, we discuss key differences between Absolute Advantage and Comparative Advantage.Absolute Advantage is the ability with which an increased number of goods and services can be produced and that too at better quality as compared to competitors whereas Comparative Advantage signifies the ability to manufacture goods or services at a relatively lower opportunity cost.𝐊𝐞𝐲 𝐃𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞𝐬 𝐁𝐞𝐭𝐰𝐞𝐞𝐧 𝐀𝐛𝐬𝐨𝐥𝐮𝐭𝐞 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞 𝐯𝐬 𝐂𝐨𝐦𝐩𝐚𝐫𝐚𝐭𝐢𝐯𝐞 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞——————————————————————————————————————————–#1 – Comparative advantage is reciprocal and mutual. Whereas, absolute advantage is not.#2 – Cost is a factor in deciding whether the country has an absolute advantage. Whereas, the opportunity cost is a factor deciding whether the country has a comparative advantage#3 – In absolute advantages, there is no mutual benefit in trade. Whereas trade is mutually benefitted in comparative advantage.To know more about the 𝐀𝐛𝐬𝐨𝐥𝐮𝐭𝐞 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞 𝐯𝐬 𝐂𝐨𝐦𝐩𝐚𝐫𝐚𝐭𝐢𝐯𝐞 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞, you can go to this 𝐥𝐢𝐧𝐤 𝐡𝐞𝐫𝐞:- https://www.wallstreetmojo.com/absolute-advantage-vs-comparative-advantage/Subscribe to our channel to get new updated videos. Click the button above to subscribe or click on the link below to subscribe – https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1