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Common-size Income Statement Template [Video]

0:00 A common-size income statement expresses each item as a percentage of sales (or revenues). This allows you to analyze changes in a company’s cost structure over time. 0:25 The common-size income statement also shows you a company’s margins: how much of every sales dollar becomes profit. 0:39 The common-size income statement is also helpful in spotting significant fluctuations in the financial statements. 1:03 But a common-size income statement isn’t just used to assess a company’s performance over time. It’s also used to compare performance between companies. 1:12 Scaling each line item by sales is very helpful when comparing: • Companies that report financial statements with different currencies • Companies that are of different sizes 1:25 Example of Netflix vs Amazon common-size income statements 2:39 A common-size income statement is a great tool for seeing how well a company is managing its costs: both over time, and in comparison to …
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What is material to the financial statements? [Video]
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What is material to the financial statements? [Video]

Jenny will help you "close the GAAP" on what is material to the financial statements. Check out her quick video explanation here! If you are interested in learning more, explore our eLearning courses on our GAAP Dynamics Learning Library: Cybersecurity: Financial Reporting Issues and SEC Disclosures: https://www.gaapdynamics.com/product/cybersecurity-financial-reporting-issues-and-sec-disclosures/ Audit Planning and Materiality: https://revolution.gaapdynamics.com/learn/courses/546/audit-planning-and-materiality

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Accountant or Bookkeeper? Which Role Is Right for You [Video]
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Accountant or Bookkeeper? Which Role Is Right for You [Video]

Become a Controller; enroll in the Controller Academy 🚀 https://controller-academy.com/courses/controller-academy This video will be your ultimate guide on the differences But more importantly, I am gonna focus on how you can make high 6 figures with either of these 2 professions So here is our agenda: we'll take a look at the Job responsibilities of both the bookkeeper and the accountant We'll talk about the education requirements And then, I'll tell you How you can earn high 6 figures regardless of whether you chose to be a bookkeeper or an Accountant Time Stamps: 00:00 Intro 00:27 Agenda 00:46 1. Job Responsibilities 02:23 2. Education Requirements 04:07 3. How Accountants Make $100K plus 06:37 4. How Bookkeepers Make $100K plus ----------------------------------- 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