Cash Flow from Operating Activities vs Net Income [Video]

Surya Teja started working at EY after becoming a US CPA & is now pursuing his Master's in the US. Listen to Surya Teja on how CPA can open up new job opportunities abroad.Simandhar Education will help you ace the CPA, CMA, EA, CIA, and IFRS certifications. For any further information regarding the courses, you can feel free to reach out to our expert counselors at 𝟕𝟕𝟖𝟎𝟐𝟕𝟑𝟑𝟖𝟖. Drop your Details: https://bit.ly/3wf2fD4 Thank you for watching CPA - Creating A Path Abroad | Journey from Semi Qualified CA to CPA | Surya Teja US CPA Alumni LIKE, SHARE, and SUBSCRIBE! ------------------***-----------------***---------------------***---------------------***-----------------------𝗔𝗯𝗼𝘂𝘁 𝗦𝗶𝗺𝗮𝗻𝗱𝗵𝗮𝗿 𝗘𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻Simandhar Education is a leading training provider for US CPA, US CMA, CIA, EA, and IFRS. Simandhar Education always believes in transforming education and providing high standards of learning to the students. We are the channel partner of AICPA and the official partner of Becker Education, the most acclaimed CPA reviewer in the USA. We believe in imparting information and concentrate on grooming individuals and making them fit for the corporate world. The academy provides quality education with more emphasis on practical knowledge. Simandhar Education has a wide network of world-class trainers, teachers, and industry experts, and all the teachers at Simandhar are CPA qualified and rank holders. We also provide guaranteed placement support to the students and personal grooming sessions for the interviews. 𝗦𝗶𝗺𝗮𝗻𝗱𝗵𝗮𝗿 𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁𝘀Simandhar education has over 3000 enrolled students and has successfully placed more than 200 students across reputed firms. We have a team of 10 leading faculties and have effectively conducted 100+ corporate events in the CPA/ CMA domain. Contact Us: +91- 7780273388 or leave a message on social media.Make sure to hit the like, share and subscribe to our YouTube channel.To get more updates on the YouTube Channel click: http://bit.ly/2Mt2BB1Now you can listen to our podcast at https://bit.ly/36PYQPP ------------------------------- 𝐅𝐨𝐥𝐥𝐨𝐰 𝐮𝐬 -----------------------------------Make Sure to follow us on our Social Media Channels:Podcast: https://bit.ly/36PYQPPInstagram: https://zcu.io/TNgDLinkedin: https://bit.ly/2Oh9w5dFacebook: https://zcu.io/gDvXTwitter: https://zcu.io/17cSThink CPA / CMA - Think Simandhar#cpa #cpaexam #accounting

It’s our last episode of GAAP Chats for Season 1! In this episode we look back at some of the stories we covered this season to give you an update of recent events, including looking at a recently issued PCAOB inspection report of a firm we discussed in a previous episode. We also look ahead to Season 2!

Join us this November for timely updates, cutting-edge information on new technology, and quality networking with other forensic accounting and valuation professionals. Whether you’re an experienced valuation pro or a newcomer to the field, you’ll find all the answers at the AICPA & CIMA Forensic & Valuation Services Conference. You’ll gain the latest insights and updates, hear from top thought leaders in the industry, explore cutting-edge technology and forge powerful connections with your professional community.

Here's a summary of IFRS 16 for both lessees and lessors. Lessees must capitalize all leases except for short-term leases (12 months or less) and leases of low-value assets (asset has a fair value of $5,000 or less at the beginning of the lease). Capitalization means the lessee must record a right-of-use asset and a lease liability on its statement of financial position at the commencement of the lease. The lessee then records depreciation expense (for the right-of-use asset) and interest expense (for the lease liability) throughout the lease term. Lessors must first classify their lease as a finance lease or an operating lease, as this has a significant effect on the lessor's accounting. If the lease is a finance lease, the lessor must derecognize the asset from its statement of financial position and record a lease receivable upon commencement of the lease. (If the lessor is a manufacturer or a dealer, the lessor must also record sales revenue and cost of goods sold upon commencement of the lease.) The lessor then records interest revenue (for the lease receivable) throughout the lease term.If the lessor has classified the lease as an operating lease, then the lessor should not remove the asset from its statement of financial position or record a lease receivable upon commencement of the lease. (Also, the lessor should not recognize sales revenue or cost of goods sold, even if it is a manufacturer or a dealer.) When it comes to the income statement, the lessor records depreciation expense (because the asset is still on the lessor's books) and records lease revenue on a straight-line basis throughout the lease term.— 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