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Resources for Accountants

What are Zombie Companies? [Video]

This video is all about what is a zombie company, reasons for zombification, how to revive zombie companies, and their impact on the economy.What is a zombie company?A zombie company is a corporate unit having very little cash flow that is enough to pay the interest on the debt borrowed but does not have enough money to repay the principal amount of the loan. Primarily because the revenue generated by the business operations covers only the fixed routine and operating costs.Causes for Zombification?- An Unexpected drop in an economy- Availability of loans with very low-interest rates- Poor use of resourcesEffects of a zombie company on the economy- Reduces the overall productivity.- Curb’s the growth of the country.- Eats up useful resources. How to revive a zombie company?- Procure new funding from non-zombie companies.- Directors guarantee certificate- Selling all the existing assets- Can raise finance for each sale invoice they provideFor more details, you can refer to our article –https://www.wallstreetmojo.com/zombie-company/Connect with us! YouTube https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUwLinkedIn https://www.linkedin.com/company/wallstreetmojo/mycompany/Facebook https://www.facebook.com/wallstreetmojoInstagram https://www.instagram.com/wallstreetmojoofficial/?utm_medium=copy_linkTwitter https://twitter.com/wallstreetmojo

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Resources for Accountants

What is Private Equity? [Video]

This video on Private Equity explains all the nuances of private equity, what it is, how it functions, and the life cycle of a private equity fund in a simple way.What is Private Equity?Private equity is a financing methodology that primarily focuses on investing in private companies that are not listed publicly. The main objective is to propel the company’s growth and improve it until it is ready to go public. Partners involved in Private EquityMost private equity funds have a general partner who contributes up to 1% to 3% of the total funds. They help in maintaining the fund and decide where to invest the fund, and analyze the portfolio company. Other investors are called the Limited partners who invest in the company and expect the returns based on the investment.The private equity firm invests in the company after assessing the portfolio using multiple techniques.Pros and Cons of Private Equity- PE funds provide the required capital for the company, which has significant growth benefits in the future for a long period or short period in exchange for fees and profit. – In the longer term, it may be very much successful based on the company growth. – This is a fantastic opportunity for the portfolio company to get the required funding and guidance to succeed. – On the other hand, this may be a risky affair for the investing company as a failure may result in significant losses, and success may fill the pockets abundantly. -For more details, you can refer to our article – https://www.wallstreetmojo.com/what-is-private-equity/Connect with us! YouTube https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUwLinkedIn https://www.linkedin.com/company/wallstreetmojo/mycompany/Facebook https://www.facebook.com/wallstreetmojoInstagram https://www.instagram.com/wallstreetmojoofficial/?utm_medium=copy_linkTwitter https://twitter.com/wallstreetmojo

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Resources for Accountants

Introduction to Equity-Linked Instruments [Video]

This is the introductory video for our course Issuance of Debt and Equity Securities: Classification and Accounting for Equity-Linked Instruments: https://revolution.gaapdynamics.com/learn/course/external/view/elearning/235/issuance-of-debt-and-equity-securities-classification-and-accounting-for-equity-linked-instrumentsCheck out our entire collection of courses on Debt and Equity and save big: https://revolution.gaapdynamics.com/learn/public/learning_plan/view/46/issuance-of-debt-and-equity-securities

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Resources for Accountants

Introduction to Advanced Income Tax Issues [Video]

This is the introductory video to our Income Taxes: Deferred Tax and Valuation Allowance course on the Revolution. Check it out here: https://revolution.gaapdynamics.com/learn/course/external/view/elearning/17/income-taxes-deferred-tax-and-valuation-allowanceInterested in more training on ASC 740? Purchase our collection of 3 courses for a discount: https://revolution.gaapdynamics.com/learn/public/learning_plan/view/4/asc-740-accounting-for-income-taxes

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Resources for Accountants

Fixed Asset Retirement [Video]

Sometimes a company gets rid of a fixed asset before the end of its useful life (perhaps it is equipment that has broken and needs to be thrown out). This is called a retirement and is similar to the disposal of a fixed asset, except the company is not receiving any cash. For example, let’s say that a company purchased a work truck for $50,000 and took $32,000 of depreciation for the truck over a period of several years. The truck broke down before the end of its useful life, however, and the company decided it wasn’t worth it to have the truck repaired. Thus, the company gave the truck to a junkyard and received nothing in return. To account for this, the company would (a) reduce its property, plant, and equipment account by $50,000, (b) reduce its accumulated depreciation by $32,000, and (c) record a loss of $18,000. The loss would reduce the company’s net income on the income statement.— 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 accessible to all people.— 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* http://eepurl.com/dIaa5z— HIRE MICHAEL MCLAUGHLIN, PHD, CPA * https://michaelmclaughlin.com/hire-me — 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/

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Resources for Accountants

What is IPO (Initial Public Offering)? [Video]

In this video on Initial Public Offering (IPO), we discuss the most common questions and facts around the IPO like, What is IPO, How do companies go public, what are its advantages and disadvantages and much more.What is IPO?Going public or IPO means that the company is now in the public domain and open to receiving investments from thousands of investors like you and me.Why do Companies go for the IPO?- Companies get the chance to enhance their publicity.- Provides access to lots of cash to expand operations.- Companies can pay their debts.What is the IPO process?Companies meet investment banks that help in preparing their valuation.Companies file a registration statement with the security exchange commission.Investment bankers prepare a company’s prospectus and distribute it to the potential investors that help the companies determine their IPO value and number of shares.And finally, the company goes public on a fixed date.We also cover some of the prominent advantages and disadvantages of companies going public and finally conclude with expert advice on the right time to invest in IPO AND should you invest in the IPO.For more details, you can refer to our article: https://www.wallstreetmojo.com/initial-public-offering-ipo/Youtube ➤ https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUwLinkedin ➤ https://www.linkedin.com/company/wallstreetmojo/Facebook➤ https://www.facebook.com/wallstreetmojoInstagram➤https://www.instagram.com/wallstreetmojoofficial/

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Resources for Accountants

Don’t Get Milked on Car Insurance ★ 2022 [Video]

Discover How to Not Get Milked on Car Insurance.✅ Here’s the free service we use to get cheaper car insurance (toll free): 1-855-981-7528. It’s a free by phone service that specializes in locating the cheapest car insurance rates. They perform the tedious task of shopping around, and present you with the cheapest auto insurance provider for your location. We call this service every year before our auto insurance expires. It allows us to discover whether there is a cheaper rate than ours, and has saved us lots of money over the years. Here are some of the topics covered in this video: How to get cheaper auto insurance rates online, get discounts and lower your policy cost, ways to lower vehicle insurance premium cost, which are the best car insurance companies and why Geico, National, Progressive, Allstate, Root, State farm, General, or farmers are not always the best bet. Why Dave Ramsey is not always right. Ways to get affordable drivers insurance quotes, how to locate the best cheap automobile insurer for a specific location. For more ways to save on your car insurance rates, see here: https://www.bizmove.com/auto-car-insurance/

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Resources for Accountants

How to Get the Best First Time Car Insurance for New Drivers ★ 2022 [Video]

Discover the Best First Time Car Insurance For New Drivers.✅ Here’s the free service we use to get cheaper car insurance (toll free): 1-855-981-7528. It’s a free by phone service that specializes in locating the cheapest car insurance rates. They perform the tedious task of shopping around, and present you with the cheapest auto insurance provider for your location. We call this service every year before our auto insurance expires. It allows us to discover whether there is a cheaper rate than ours, and has saved us lots of money over the years. Here are some of the topics covered in this video: How to get cheaper auto insurance rates online, get discounts and lower your policy cost, ways to lower vehicle insurance premium cost, which are the best car insurance companies and why Geico, National, Progressive, Allstate, Root, State farm, General, or farmers are not always the best bet. Why Dave Ramsey is not always right. Ways to get affordable drivers insurance quotes, how to locate the best cheap automobile insurer for a specific location. For more ways to save on your car insurance rates, see here: https://www.bizmove.com/auto-car-insurance/