Categories
Resources for Accountants

FTX Infinite Money Diagram | Accounting and Collapse Explained [Video]

FTX Infinite Money Diagram | Accounting and Collapse Explained

In this video I cover the Accounting & Audit issues with FTX’s Collapse
In a nutshell, FTX used its sister company Alameda in these illegal ways:
FTX lent Alameda its made-up crypto “FTT”, which Alameda used to borrow money against (free money with a worthless collateral)!
Alameda was a major customer of FTX’s FTT token, helping FTX prop up it’s fair market value!!

Get 30% discount on the Controller Academy:
https://thefincontroller.com/p/controller-academy?coupon_code=30OFFCOURSE&product_id=4244216
(link includes discount, but the promo code is ‘30offcourse’)

My Fraud Playlist:
https://www.youtube.com/watch?v=SMT5v5zT5KQ&list=PLKzobJwkGwKHVxJPekcn5kskPvgcK258z

Join me on Patreon and ask me your questions:
https://www.patreon.com/TheFinController

——————————
My other best selling courses:
🔥Take 30% off when you enroll in my online course “Night Before the Accounting Interview Guide” including All Levels Q&A🔥:
https://thefincontroller.com/p/the-night-before-your-accounting-interview-course-for-all-levels?coupon_code=30OFFCOURSE

📈Get My “Controller KPI Dashboard” (Excel + Course) with the most important P&L and Balance Sheet KPIs:
​https://thefincontroller.com/p/controller-kpi-dashboard-one-kpi-dashboard-to-run-a-business​

———————————————————————
Hang Out with me on social media:
📸 https://www.instagram.com/the_financial_controller/
📱https://www.tiktok.com/@thefinancialcontroller
🙋🏼‍♂️https://www.facebook.com/groups/780732429036886/?source_id=101273467885666

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

Watch/Read More
  • Tags

Most Popular Posts Today

Cheap Car Insurance for Young Drivers | Plus, ‘Trick’ to Lower Your Car Insurance [Video]
►
Categories
Resources for Accountants

Cheap Car Insurance for Young Drivers | Plus, ‘Trick’ to Lower Your Car Insurance [Video]

In this video we're diving into a topic that's on the minds of many young drivers out there – 'Cheap Car Insurance for Young Drivers.' We know how important it is to find affordable coverage while ensuring you're still well-protected on the road. So, whether you're a new driver or you know someone who is, stick around because we've got some valuable tips to share with you."

  • Tags

Most Popular This Week

Tax on a Free Car? [Video]
►
Categories
Resources for Accountants

Tax on a Free Car? [Video]

If you win a free car, do you have to pay tax on it?Yes.In 2016 a high school senior won a Jeep Renegade for getting all A’s and B’s, but the IRS said she had to pay income tax for receiving the car.In 2004 Oprah Winfrey gave all 276 members of her audience a free car, and everyone got hit with a tax bill.§ 74 of the tax code says prizes and awards are taxable income.Thus, if you win a free car, the IRS will treat the fair market value of the car as taxable income. — 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/

  • Tags
10 Best Job Interview Tips for 2022 | How to Prepare for a Job Interview [Video]
►
Categories
Resources for Accountants

10 Best Job Interview Tips for 2022 | How to Prepare for a Job Interview [Video]

In this video you’ll discover the 10 best tips for job interview success. Job interviews in many organizations are getting sophisticated these days. Psychological tests, role plays, and challenges to one's "quick intelligence" and street smarts, are often part of the package. While it's impossible to anticipate everything you may encounter, here are ten tips that will help you negotiate the interview process successfully.For more free business guides, templates and tools, visit us at: https://www.bizmove.com/

  • Tags