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Resources for Accountants

Income Statement For Beginners and Intermediate [Video]

Income Statement For Beginners and Intermediate

In this video I walk you through the Income Statement for Spa Booker (a made up business) an online marketplace. My goal is to explain to you:

What goes into each section of the statement
The mechanism by which each item gets recorded
What adjustments needs to made to finalize the numbers
And what Accounting standards apply to each line

Watch my Balance Sheet Explainer Video:
https://youtu.be/DMv9JC_K37Y
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https://www.patreon.com/TheFinController
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Get 30% off my Online Course on “Learn how to design and build KPIs and Financial Metrics for 2 example businesses”
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🔥Enroll in my online course “Night Before the Accounting Interview Guide” including All Levels Q&A🔥:
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📈Get My “Controller KPI Dashboard” (Excel + Course) with the most important P&L and Balance Sheet KPIs:
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All views expressed on my channel are mine alone. Not intended as financial or professional advice

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Categories
Resources for Accountants

Negotiation skills: How to Bargain and Negotiate [Video]

Bargaining and negotiation are essential skills in both personal and professional life. Whether you're haggling for a better price at a market or negotiating a job offer, mastering these skills can save you money, build stronger relationships, and help you achieve your goals. In this guide, you'll learn the art of bargaining and negotiation in a second-person style, making it easy for you to put these techniques into practice.Get free business and management guides, tools, and worksheets at: https://www.bizmove.com

Categories
Resources for Accountants

Investing vs Trading - Which is Better? (Top Differences) [Video]

In this video tutorial, we will talk about the top key differences between investing and trading.What is Trading?Trading is aimed at earning quick profits by holding on to stocks for a short period of time (such as weekly, monthly, daily).What is Investing? Investing involves a gradual building of wealth and assets by buying and holding on to a portfolio of stocks for a time period that may sometimes reach even 10 to 15 yrs.Some other key factors that differentiate between investing and trading are:- Method/approach involved.- Time factor.- Risk factor.#investingvstrading #wallstreetmojo #tradingvsinvestingFollow us at : Youtube ➤ https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUwLinkedin ➤ https://www.linkedin.com/company/wallstreetmojo/Facebook➤ https://www.facebook.com/wallstreetmojoInstagram➤https://www.instagram.com/wallstreetmojoofficial/

Categories
Resources for Accountants

All about Stock halt- Easy Explaination- Part 1 [Video]

In this video, you will learn about stock halt, its rules, and how it is triggered.#stockhalt #stockmarket #wallstreetmojo #stockexchange #regulatorChapters:00:00 – Introduction00:35 – What is the stock halt?01:29 – Rules02:17 – Triggers of stock halt02:48 – ConclusionWhat is the stock halt?A stock halt is a scenario where the exchange halts trading in a particular stock for some time.It may be done when a regulatory action is imposed, important news is being anticipated, or a particular stock is just being bought or sold excessively.(Explained in detail in the video)RulesWhen a stock is halted for trading, it is coded with an identification number like T1, T2, T5, H10, etc.When the situation arises for halting trading in a particular stock, the exchange announces a halt to all brokers.Triggers of stock haltIf the stock price fluctuates up and down due to high volatility, then the exchange will either halt the trading, or the circuit breakers will be activated.Trading halts have been put into place so that a select group of individuals with significant capital does not manipulate prices to their whims and fancies.This will be all for this video. Subscribe to the channel, like the video, and share it with others.==========================================================================Subscribe to Our Channel –Youtube https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1LinkedIn https://www.linkedin.com/company/wallstreetmojo/Facebook https://www.facebook.com/wallstreetmojoInstagram https://www.instagram.com/wallstreetmojoofficial/Twitter https://twitter.com/wallstreetmojo