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Resources for Accountants

Let’s begin our IFRS 16 journey! [Video]

Let’s begin our IFRS 16 journey!

To reflect the economic reality of such transactions, IFRS 16 Leases requires lessees to record nearly all leases on their balance sheets. But how? In this CPE-eligible (1.5 CPE), eLearning course you’ll learn not only how to identify leases within the scope of IFRS 16, but also how to record them on the balance sheet by determining the lease term, lease payments, and discount rate. The course concludes with an overview of the accounting for leases by both lessees and lessors. Whether you’re responsible for financial reporting or auditing financial statements under IFRS, this course is a must for the international accountant!

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Resources for Accountants

Negotiation Skills: How to Prepare for Successful Negotiations [Video]

Negotiating is a valuable skill that can help you achieve your goals in various aspects of life, from business deals to personal relationships. To excel in negotiations, it's crucial to be well-prepared. This guide will walk you through the steps to prepare effectively for successful negotiations.Get free business and management guides, tools, and worksheets at: https://www.bizmove.com

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Resources for Accountants

5 Step DuPont Analysis for ROE | Financial Statement Analysis [Video]

The 3-step DuPont analysis is helpful in that it breaks ROE into 3 components. However, the 3-step DuPont doesn't fully isolate the effect of the firm's financing decisions because it measures profit margin as net income divided by sales. The 5-step DuPont analysis corrects for this by using operating margin instead of profit margin and separately measuring the interest burden and the tax burden.The 5-step DuPont Analysis thus disaggregates return on equity (ROE) into 5 components: ROE = [(operating margin * asset turnover) - interest burden] * equity multiplier * (1 - tax rate)— 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

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Resources for Accountants

Entrepreneurship Mistakes from Hell | How to Start a Startup [Video]

Embarking on the journey of entrepreneurship is akin to riding a roller coaster blindfolded—it's exhilarating, unpredictable, and fraught with potential pitfalls. While mistakes are an inevitable part of the entrepreneurial journey, some are more catastrophic than others. These "mistakes from hell" can derail even the most promising ventures, leaving entrepreneurs reeling and searching for ways to recover. Let's explore some of these missteps that have the potential to turn an entrepreneurial dream into a nightmare.

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Resources for Accountants

P&L Presentation Type based on your Audience (Natural Account vs. Functional) [Video]

Before compiling the P&L, you need to decide on the type of presentation (based on your audience): Natural Account, Functional or Hybrid. Free P&L Template shown in video: https://thefincontroller.com/p/types-of-incomestatemet-presentation Enroll in the FP&A Academy: https://controller-academy.com/courses/fpa-academy Time Stamps: 00:00 Intro 01:28 Company Profile 02:17 1. Natural Account P&L 04:26 2. Functional P&L 05:38 3. Hybrid P&L 09:08 How To Setup in NetSuite 10:29 How To Setup in QuickBooks Online ----------------------------------- 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