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Resources for Accountants

BOOK BUILDING: Easy explanation. [Video]

BOOK BUILDING: Easy explanation.

In this video, you will learn about the book building process and how it works.

#bookbuilding #stockmarket #wallstreetmojo #ipo #institutionalinvestors

Chapters:
00:00 – Introduction
00:35 – What is book building, and how does it work?
03:31 – Subtypes of book building
04:39 – Advantages
05:02 – Disadvantages

What is book building, and how does it work?
When a company decides to go public, it may not know the fair value of its shares. One of the most efficient ways to determine this is through the book building process.

The process of book building involves:
Hiring underwriters
Investors bidding
Share pricing
Bidding process transparency
Allotment and settlement

(Explained in detail in the video)

Subtypes of book building
There are two subtypes of book building:
Accelerated book building
This is a fast-track book building process in which everything is done within a couple of days.

Partial book building
In this type of book building, the issue is offered only to a select group of investors.

(Explained in detail in the video)

Advantages
One of the biggest advantages of book building is that it is the most efficient way to determine the fair value of shares.

Since the share price is determined by analyzing aggregate demand for the shares and not based on any price fixed by the company, it is surely an advantage.

Disadvantages
Firstly, it costs the company a lot of money. If the company fixed the share price on its own, then it would cost them way less.

Secondly, the time taken to arrive at the cut-off price in the book building process is a lot. If the company chooses to fix the price on its own, then it’ll take a fraction of the time.

We regularly come up with such content on the stock markets and finance in general. So subscribe to the channel if you haven’t already.

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Categories
Resources for Accountants

30-Day Roadmap for New Controller or CFO (My Blueprint) [Video]

Join 10,000+ professionals who enrolled in the Controller Academy 🚀 https://controller-academy.com/courses/controller-academy Get your copy of the 30-day roadmap: https://thefincontroller.com/p/30dayroadmap I am a CPA in the United States and I summarize in the video what new Controllers and CFOs need to focus on during their first 30 days in the role. Videos mentioned during this tutorial: Balance Sheet Reconciliation: https://youtu.be/rXavkEg4Ht0 How to create month-close checklist https://youtu.be/m_SfIf8PKpg Time Stamps: 00:00 Intro 00:36 Agenda 01:15 1. Financial Statement Review 02:46 2. Budget 04:50 3. Internal Controls 08:45 4. Systems 12:41 5. Month-end 14:31 6. People 17:15 7. Compliance 20:15 8. Create 90 day roadmap ----------------------------------- 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

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Resources for Accountants

How to Start a Supermarket Business | Free Supermarket Business Plan Included [Video]

Presenting 50 essential tips for starting a Supermarket business.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 that you can download and modify to create a quality business plan tailored to your business idea.It comes 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

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Resources for Accountants

Best US CPA Exam Questions FAR 2023 [Video]

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