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Basic Earnings Per Share Calculation Example [Video]

Here’s the formula for calculating basic earnings per share (EPS): net income available to common shareholders / weighted average number of common shares outstanding = basic EPS Where net income available to common shareholders is: net income – preferred dividends – income attributable to noncontrolling interests Here’s an example: the company Glow-in-the-dark Toilet Paper had net income of $600,000 for 2021. The company had $100,000 of preferred dividends and didn’t have any income attributable to noncontrolling interests. The net income attributable to common shareholders was thus: $600,000 – $100,000 = $500,000 On January 1, 2021 the company had 100,000 common shares outstanding. On April 1, 2021 the company issued an additional 200,000 common shares. Thus, on December 31, 2021 the company had 300,000 common shares outstanding. The weighted-average number of common shares outstanding for 2021 was thus: (100,000 x 3/12) + (300,000 x 9/12) = 250,000 The company’s basic earnings …
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What is material to the financial statements? [Video]
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Resources for Accountants

What is material to the financial statements? [Video]

Jenny will help you "close the GAAP" on what is material to the financial statements. Check out her quick video explanation here! If you are interested in learning more, explore our eLearning courses on our GAAP Dynamics Learning Library: Cybersecurity: Financial Reporting Issues and SEC Disclosures: https://www.gaapdynamics.com/product/cybersecurity-financial-reporting-issues-and-sec-disclosures/ Audit Planning and Materiality: https://revolution.gaapdynamics.com/learn/courses/546/audit-planning-and-materiality

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