Resources for Accountants

In the fast-evolving world of entrepreneurship, writing a strong business plan is crucial—but it doesn't have to be daunting. With the rise of Artificial Intelligence (AI), you now have access to powerful tools that can simplify, accelerate, and enhance the business planning process. Whether you're starting a small business, launching a tech startup, or pitching to investors, using AI can save time, boost creativity, and improve clarity. This step-by-step guide shows you how to write a comprehensive business plan using AI—from concept to completion.

Starting a business used to be risky, expensive, and time-consuming. But now, with Artificial Intelligence (AI) at your fingertips, launching a company has never been more accessible—even if you're starting with limited capital or no prior experience. Whether you're looking to create a product, start a service-based company, or launch an online brand, AI can guide, automate, and accelerate nearly every part of the process. Here’s a step-by-step guide on how to start a business with the help of AI.

Embarking on the journey of starting your own business is both thrilling and daunting. The allure of being your own boss, pursuing your passions, and potentially achieving financial independence is captivating. However, the road to entrepreneurship is fraught with challenges, uncertainties, and risks. In navigating this terrain, having insider tips and practical advice can be invaluable. Whether you're a first-time entrepreneur or a seasoned business owner venturing into a new venture, understanding the strategies and insights that successful entrepreneurs employ can significantly enhance your chances of success.

In this video we create a Liquidity KPIs dashboard for a retail company. Join 10,000+ professionals who enrolled in the Controller Academy 🚀 https://controller-academy.com/courses/controller-academy Get the same template in the video for free: https://thefincontroller.com/p/liquiditykpis ———————————– 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

Because advertising expense is an expense you might think it would appear on a company's income statement. But advertising expense doesn't appear as a line item on the income statement for most publicly-traded companies. Instead, advertising expense is buried within the line item "selling, general, and administrative expense" (aka SG&A expense). Thus, to find a company's advertising expense you need to go to the notes that accompany the financial statements. In the notes, companies will typically tell you the amount of advertising expense that was included in selling, general, and administrative expense. Deferred advertising costs (advertising costs that have NOT yet been expensed) are typically included in the prepaid expenses account on the balance sheet. Thus, advertising costs are reported as follows: -Advertising expense is reported as part of SG&A expense on the income statement -Deferred advertising / prepaid advertising is reported as part of prepaid expense on the balance sheet — 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 freely available to the world. — 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 AND SPREADSHEETS * http://eepurl.com/dIaa5z — SUPPORT EDSPIRA ON PATREON *https://www.patreon.com/prof_mclaughlin — 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/ * https://michaelmclaughlin.com

Embarking on the journey of turning a business idea into a viable business is akin to nurturing a seed into a flourishing tree. It requires careful planning, nurturing, and a willingness to adapt to the changing landscape of entrepreneurship. While the initial spark of an idea is exciting, it's the execution and strategic implementation that determine whether it will blossom into a successful venture. Whether you're a seasoned entrepreneur or a budding innovator, the process remains the same: research, plan, execute, and iterate. Here, we delve deeper into the essential steps to transform your entrepreneurial vision into a tangible and sustainable business reality.

Advocacy is key to the AICPA & CIMA mission. In this video, Mark Peterson shares how the organizations represent members and shows where you can learn more. See how we influence laws, support policymaking and help members and other stakeholders of the profession stay informed.

Mike will help you "close the GAAP" on what "Big R" and "Little r" restatements actually are, and provide some more context for your own accounting. Check out his quick video explanation here! If you are interested in learning more on this topic, explore our eLearning courses on our GAAP Dynamics Learning Library: U.S. GAAP eLearning Library (CPE Subscription): https://www.gaapdynamics.com/product/u-s-gaap-elearning-library/

Embarking on the journey of launching a new business is akin to setting sail into uncharted waters. The excitement of pursuing your passion and bringing your vision to life is palpable, yet the challenges and uncertainties that lie ahead can be overwhelming. In today's hyper-competitive business landscape, merely having a great idea is not enough. To truly thrive and make a significant impact, you must be equipped with the strategies and tools to turbocharge your new venture, propelling it forward with momentum and purpose. In this guide, we'll explore actionable steps and insights to help you navigate the tumultuous waters of entrepreneurship and position your business for rapid growth and success.

The accounting and finance landscape is constantly adapting. Driven by evolving regulations, emerging technologies, and the rise of artificial intelligence. Learn how Remitian harnesses AI to empower firms to stay ahead and provide exceptional, client-focused service. #startupaccelerator #accounting #finance #AI