![Webinars: These 5 Tips Can Make a World of Difference [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_373_0_0jpg.jpg)
We’ve completed our fair share of webinars over the years here at GAAP Dynamics, and along the way we’ve honed and perfected how to provide our learners with the best possible experience. Today, we’re sharing our 5 best and most practical tips to increase the quality of your webinars, including our top suggestions for equipment and sample scenarios! See the full blog post here: https://www.gaapdynamics.com/insights/blog/2021/03/09/webinars-these-5-tips-can-make-a-world-of-difference!/Want to check out our webinars in action? We’re hosting a periodic webinar series covering accounting, auditing, and practice issues impacting regional accounting firms and independent member firms of global accounting networks. Complete the form on the page linked here so we can email you the details and registration information for each webinar: https://info.gaapdynamics.com/free-webinar-series-for-accounting-firmsContact us about a custom learning solution for your team here: https://www.gaapdynamics.com/contact-usBrowse our catalog of self-study online courses on The Revolution: https://revolution.gaapdynamics.com/catalog
Resources for Accountants
![Leadership Development Explained | Management & Business Concepts [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_370_0_0jpg.jpg)
Discover what is Leadership Development.Get Business Related Freebies: Free books from Amazon, any topic. Business, Fiction and Nonfiction:https://www.bizmove.com/free-books-online/ Video guides to improve your management skills:https://www.bizmove.com/business-management-course/ 300 free business and management guides:https://www.bizmove.com/small-business-encyclopedia/ Free business templates and tools:https://www.bizmove.com/tools/ Free management skills books:https://www.bizmove.com/books/management-skills-books.htm Free downloadable business plan template:https://www.bizmove.com/business-gifts.htm Free starting a business books:https://www.bizmove.com/books/starting-a-business-books.htm A comprehensive resource of free management and business related stuff:https://www.bizmove.com/******************Don’t forget to subscribe so you don’t miss any of our videos, we upload regularly.******************
![Lease Accounting for Lessors | Overview | IFRS 16 [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_367_0_0jpg.jpg)
The lessor must first classify the lease as a finance lease or an operating lease. If it’s a finance lease, the lessor will: • Record sales revenue and cost of goods sold (if the lessor is a manufacturer or a dealer) on the lease commencement date• Remove the asset from its statement of financial position• Record a lease receivable• Record interest revenue throughout the leaseIf it’s an operating lease, the lessor will:• Keep the asset on its statement of financial position• Record depreciation expense for the asset• Record lease revenue throughout the lease on a straight-line basis— 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
![Top 20 Private Equity Interview Questions and Answers [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_364_0_0jpg.jpg)
In this video on Private Equity Interview Questions and Answers , here we discuss top 20 questions which will help you to prepare the types of Private Equity Interview Questions you can expect to be asked in an interview.𝐓𝐨𝐩 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐄𝐪𝐮𝐢𝐭𝐲 𝐈𝐧𝐭𝐞𝐫𝐯𝐢𝐞𝐰 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐀𝐧𝐬𝐰𝐞𝐫𝐬———————————————————————————————-#1 – Why are you interested in Private Equity? Why our firm?AnswerSo for the first question the answer is you need to give your job (or internships) history and explain why you choose private equity.The second part of this question is all about how much you know about the company and how it aligns your goals and the company’s objectives.#2 – What makes a great private equity associate/ researcher/deal-maker?AnswerPrivate equity firms need three things –To find new, recurring & better investment opportunities.To make more money &To save more money.#3 – If you can choose two financial statements, what they will be and why?Answer The answer is income statement and balance sheet. If you have the beginning of the year and the ending of the year values for all the items in balance sheet along with income statement, you can make a cash flow statement by yourself.To know more about 𝐓𝐨𝐩 𝟐𝟎 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐄𝐪𝐮𝐢𝐭𝐲 𝐈𝐧𝐭𝐞𝐫𝐯𝐢𝐞𝐰 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐀𝐧𝐬𝐰𝐞𝐫𝐬, you can go to this 𝐥𝐢𝐧𝐤 𝐡𝐞𝐫𝐞:- https://www.wallstreetmojo.com/private-equity-interview-questions/Subscribe to our channel to get new updated videos. Click the button above to subscribe or click on the link below to subscribe – https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1
![Citibank $900M Wire Mistake Explained | A Breakdown In Internal Control [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_361_0_0jpg.jpg)
In August of 2020, A Citibank contractor, rather than sending the periodic interest payment of $8M to the lenders, he/she wired $900 million or almost the entire balance of the loan by accident. Citibank then sent a note to the wire recipient , the lenders in this case, saying, oops, sorry about that, please send us the money back. Some of them complied and returned the money.My Best-Selling Products:Get My “Night Before the Accounting Interview Guide” including All Levels Q&A:https://thefincontroller.com/p/the-night-before-your-accounting-interview-guide-for-all-levels📈 Get $25 off MY ONLINE COURSE ON FINANCIAL METRICShttps://thefincontroller.com/p/learn-financial-metrics-kpis/?product_id=2659754&coupon_code=SAVE25&preview=logged_outUse Coupon Code: Save25——————————————————————-My Recommended Products (I will only share what I love ❤ here)⚪️ 🧠 Roger CPA Review Course (get 50% off): https://www.uworld.com/productreferral.aspx?ukey=8lzsxx2bT8qzYRxekeTKyWQ3d3d⚪️ 📚 Learning//SkillShare (get 2 weeks free): https://www.skillshare.com/r/profile/Bill-Hanna/7521537My Recommended Finance & Accounting Books 📚+🧠=💥⚪️ Auditing: https://amzn.to/361wJhZ⚪️ Forensic Accounting: https://amzn.to/2G6t9bo⚪️ Introduction to Finance: https://amzn.to/2ExgUEA⚪️ Introduction to Managerial Accounting: https://amzn.to/33SEyE4———————————————————————Hang Out with me on social media:📱https://www.tiktok.com/@thefinancialcontroller🙋🏼♂️https://www.facebook.com/groups/780732429036886/?source_id=101273467885666📸 https://www.instagram.com/the_financial_controller/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.
![Unlocking the Puzzle of Accounting for Foreign Currency [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_358_0_0jpg.jpg)
This is the introductory video to our self-study eLearning course “Unlocking the Puzzle of Accounting for Foreign Currency.” Check it out here: https://revolution.gaapdynamics.com/courses/unlocking-the-puzzle-of-accounting-for-foreign-currency-v2Accounting for foreign currency is foreign to many people. It’s easy to see why. It’s confusing! It raises questions such as:-How do you read foreign exchange rates?-Should you divide or multiply the rate by the amount of foreign currency?-What’s the difference between the reporting currency, foreign currency, and functional currency?-Where are gains and losses recorded? P&L? OCI?Given the recent volatility in foreign currency markets, there is a renewed focus on the accounting for foreign currency under ASC 830. From foreign currency transactions to translation of financial statements, check out this self-study eLearning module to make sure you’re covered! Read some of our blog posts about Foreign Currency: https://www.gaapdynamics.com/insights/blog/2018/03/20/unlocking-the-puzzle-of-accounting-for-foreign-currency/https://www.gaapdynamics.com/insights/blog/2016/08/02/dive-into-asc-topic-830-(fas-52)-to-better-understand-foreign-currency-translation/Learn more about GAAP Dynamics: https://www.gaapdynamics.com/ Check out our other online courses on the Revolution: https://revolution.gaapdynamics.com/catalog Subscribe to GAAP Dynamics to see more videos like these!
![Learning by Doing Explained | Management & Business Concepts [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_355_0_0jpg.jpg)
Discover what is Learning by Doing.Get Business Related Freebies: Free books from Amazon, any topic. Business, Fiction and Nonfiction:https://www.bizmove.com/free-books-online/ Video guides to improve your management skills:https://www.bizmove.com/business-management-course/ 300 free business and management guides:https://www.bizmove.com/small-business-encyclopedia/ Free business templates and tools:https://www.bizmove.com/tools/ Free management skills books:https://www.bizmove.com/books/management-skills-books.htm Free downloadable business plan template:https://www.bizmove.com/business-gifts.htm Free starting a business books:https://www.bizmove.com/books/starting-a-business-books.htm A comprehensive resource of free management and business related stuff:https://www.bizmove.com/******************Don’t forget to subscribe so you don’t miss any of our videos, we upload regularly.******************
![Audit vs Assurance | Top Differences You Must Know! [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_352_0_0jpg.jpg)
In this video on Audit vs Assurance, here we discuss top differences between Audit vs Assurance along with infographics and comparison table. 𝐖𝐡𝐚𝐭 𝐢𝐬 𝐀𝐮𝐝𝐢𝐭?—————————–The audit is the evaluation process of the accounting entries present in the company’s financial statement.𝐖𝐡𝐚𝐭 𝐢𝐬 𝐀𝐬𝐬𝐮𝐫𝐚𝐧𝐜𝐞?————————————Assurance is the process of analyzing and used in the assessment of accounting entries and financial records.𝐃𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞 𝐁𝐞𝐭𝐰𝐞𝐞𝐧 𝐀𝐮𝐝𝐢𝐭 𝐯𝐬 𝐀𝐬𝐬𝐮𝐫𝐚𝐧𝐜𝐞————————————————————————#1 – The audit is conducted through an internal auditor or an external auditor. Whereas, Assurance is conducted by an audit firm.#2 – Audit tells about any misrepresentation that happens in financial records, any misuse of funds, any fraud and any dishonest activity that a company does. Whereas, Assurance specializes in evaluating the improvement of information quality within an organization. #3 – The audit is the first step. Whereas, Assurance if followed by the audit.To know more about the 𝐀𝐮𝐝𝐢𝐭 𝐯𝐬 𝐀𝐬𝐬𝐮𝐫𝐚𝐧𝐜𝐞, you can go to this 𝐥𝐢𝐧𝐤 𝐡𝐞𝐫𝐞:- https://www.wallstreetmojo.com/audit-vs-assurance/Subscribe to our channel to get new updated videos. Click the button above to subscribe or click on the link below to subscribe – https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1
![CPA Explains Revenue Recognition Under GAAP Rule | With Examples [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_349_0_0jpg.jpg)
Revenue recognition is figuring out when a business has actually earned its revenue. With the keyword being “earned” because it’s all about earning the revenue you record when it comes to revenue recognition rules.Knowing when to recognize revenue is one of the reasons why we have Generally Accepted Accounting Principles (GAAP). GAAP has detailed rules for when and how to recognize revenue, and how to report it on your income statements. The most recent of these rules is ASC 606 or Accounting Standard Codification 606.My Best-Selling Products:Get My “Night Before the Accounting Interview Guide” including All Levels Q&A:https://thefincontroller.com/p/the-night-before-your-accounting-interview-guide-for-all-levels📈 Get $25 off MY ONLINE COURSE ON FINANCIAL METRICShttps://thefincontroller.com/p/learn-financial-metrics-kpis/?product_id=2659754&coupon_code=SAVE25&preview=logged_outUse Coupon Code: Save25——————————————————————-My Recommended Products (I will only share what I love ❤ here)⚪️ 🧠 Roger CPA Review Course (get 50% off): https://www.uworld.com/productreferral.aspx?ukey=8lzsxx2bT8qzYRxekeTKyWQ3d3d⚪️ 📚 Learning//SkillShare (get 2 weeks free): https://www.skillshare.com/r/profile/Bill-Hanna/7521537My Recommended Finance & Accounting Books 📚+🧠=💥⚪️ Auditing: https://amzn.to/361wJhZ⚪️ Forensic Accounting: https://amzn.to/2G6t9bo⚪️ Introduction to Finance: https://amzn.to/2ExgUEA⚪️ Introduction to Managerial Accounting: https://amzn.to/33SEyE4———————————————————————Hang Out with me on social media:📱https://www.tiktok.com/@thefinancialcontroller🙋🏼♂️https://www.facebook.com/groups/780732429036886/?source_id=101273467885666📸 https://www.instagram.com/the_financial_controller/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.
![Investment Management Industry Fundamentals: Investments [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_346_0_0jpg.jpg)
This is the introductory video to to our self-study eLearning course “Investment Management Industry Fundamentals: Investments.” Check it out here: https://revolution.gaapdynamics.com/courses/investment-management-industry-fundamentals-investments-copyPart of the “Investment Management Industry Fundamentals” learning path, this course presents an overview of typical investments held by entities in the investment management industry. This includes a discussion of the common types and accounting for equity securities, debt securities, and alternative investments. Learn more about GAAP Dynamics: https://www.gaapdynamics.com/ Check out our other online courses on the Revolution: https://revolution.gaapdynamics.com/catalog Subscribe to GAAP Dynamics to see more videos like these!
![Market Sentiment Explained | Management & Business Concepts [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_343_0_0jpg.jpg)
Discover what is Market Sentiment.Get Business Related Freebies: Free books from Amazon, any topic. Business, Fiction and Nonfiction:https://www.bizmove.com/free-books-online/ Video guides to improve your management skills:https://www.bizmove.com/business-management-course/ 300 free business and management guides:https://www.bizmove.com/small-business-encyclopedia/ Free business templates and tools:https://www.bizmove.com/tools/ Free management skills books:https://www.bizmove.com/books/management-skills-books.htm Free downloadable business plan template:https://www.bizmove.com/business-gifts.htm Free starting a business books:https://www.bizmove.com/books/starting-a-business-books.htm A comprehensive resource of free management and business related stuff:https://www.bizmove.com/******************Don’t forget to subscribe so you don’t miss any of our videos, we upload regularly.******************
![Common Stock Formula (Example) | How to Calculate Common Stock? [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_340_0_0jpg.jpg)
In this video on Common Stock Formula, here we discuss how to calculate Common Stock (number of outstanding shares) with the practical examples and downloadable excel sheet. 𝐖𝐡𝐚𝐭 𝐢𝐬 𝐂𝐨𝐦𝐦𝐨𝐧 𝐒𝐭𝐨𝐜𝐤 𝐅𝐨𝐫𝐦𝐮𝐥𝐚?———————————————————Common stocks are a company’s number of shares, and are included in the balance sheet.𝐂𝐨𝐦𝐦𝐨𝐧 𝐒𝐭𝐨𝐜𝐤 𝐅𝐨𝐫𝐦𝐮𝐥𝐚———————————————-Common stock formula is represented as follows,Number of Outstanding Shares = Number of Issued Shares – Treasury Stocks𝐄𝐱𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐂𝐨𝐦𝐦𝐨𝐧 𝐒𝐭𝐨𝐜𝐤 𝐅𝐨𝐫𝐦𝐮𝐥𝐚—————————————————————-Let’s take an arbitrary example of firm C. Find out how to calculate the company’s number of outstanding shares. We will now also try to understand what approved shares released shares, and stocks of treasuries mean. Suppose 4000 shares are the number of authorized shares for a company.SolutionGivenAuthorised Shares – 4000Shares Issued – 3000Treasury Shares – 700By using above formula we get, Number of outstanding shares = 3000 -700= 2300C Number of outstanding shares = 2300To know more about the 𝐂𝐨𝐦𝐦𝐨𝐧 𝐒𝐭𝐨𝐜𝐤 𝐅𝐨𝐫𝐦𝐮𝐥𝐚, you can go to this 𝐥𝐢𝐧𝐤 𝐡𝐞𝐫𝐞:- https://www.wallstreetmojo.com/common-stock-formula/Subscribe to our channel to get new updated videos. Click the button above to subscribe or click on the link below to subscribe – https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1