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Resources for Accountants

Marginal Tax Rate vs Effective Tax Rate [Video]

Marginal Tax Rate vs Effective Tax Rate

Your effective tax rate is not the same as your marginal tax rate.

Let’s say you live in a country where your first $10,000 of income is taxed at 10%, your next $30,000 of income is taxed at 15%, and any income beyond that is taxed at 25%.

If you had $60,000 of taxable income you would owe $10,500 in tax.

That’s an effective tax rate of 17.5%.

But your marginal tax rate, which is the tax rate that would apply if you earned an additional dollar of income, would be 25%.

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 FREE PDF GUIDES TO THE FINANCIAL STATEMENTS, MANAGERIAL ACCOUNTING, TAX, AND MORE
* 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/

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Categories
Resources for Accountants

Join me live for CIMA SCS Feb 2022 Coaching Intro Session | CIMA Strategic Case Study Pixlwizz | AZB [Video]

REGISTER NOW for the Live Coaching Commencement Session (on 1st of January 2022) Open Invitation to any Learner. Link given below.LINK https://bit.ly/3HONDB5VISIT our Official CIMA SCS Website for more details on our Coaching Program.https://cimascs.com/ Download the CIMA SCS Early Prep Invitation Deck (in the Video with more details) via the below Link. https://bit.ly/3HTRk8mIf you are interested, to start your CIMA SCS Feb 2022 Exam Prep with OTQ Essentials Revision, share the below details with us now to azman.branudeen@gmail.com.NameSelected Option (Coach/ Mentor/ Absolute/ Complete)Gmail AddressWhatsApp ContactCountry of Exam DOWNLOAD the PDF of the Pixlwizzs' SWOT Analysis using the below link.https://drive.google.com/drive/folders/15tKPPmKgIeEEOBQhsV3VQRqKZkSpQF79?usp=sharing Visit my Dedicated YouTube playlist with exclusive content from my Coaching Program catered to the November 2021 & February 2022 Examination Session! There is a ton of content here that can help you and will be the perfect support toolset to use with my Guided Prep Solution.https://youtube.com/playlist?list=PL2zsBoa-zxMhZpEfKlb9JcycdXfNqBWF2 To get 1-1 Career Guidance/ Educational Counselling/ Teacher Coaching and Mentoring Services by me, review the details via the below link and Register NOW!!!https://forms.gle/11ETUQrr5MbP5Bvf8 Sign Up for my Newsletter via the link and the updates on all educational and professional initiatives by AZB Education.https://bit.ly/3trOalt Tune in and subscribe to the channel to stay updated on the content.Link - https://www.youtube.com/c/AzmanBranudeenI am using my YouTube channel as a medium to support students who are scattered around the globe with the genuine hope that it will elevate your standards of personal growth, professional development and education. Check out my Facebook reviews page to see what some of my esteemed and humble learning partners have to say about the process of working with AZB Education at the FB Reviews Link (below).https://www.facebook.com/AzmanBranudeen/reviewsConnect with me on social media, become part of my Patreon Community and learn about me via LinkedIn or even write to me via mail. Blog - https://goodteacherguide.com/ Patreon - https://www.patreon.com/azmanbranudeen LinkedIn - https://www.linkedin.com/in/azmanbranudeen/ Instagram - https://www.instagram.com/azman_branudeen/ Facebook - https://www.facebook.com/AzmanBranudeen/ Email - azman.branudeen@gmail.com--As time permits I do try to upload relevant content for students and their personal development. Write to me and connect with me. AZB is committed to collaborative development efforts for students around the world. Write to me directly for any other inquiries or even to say Hi and ask anything you want. I am a content creator developing content for students and professionals for their personal development and professional growth. My company is AZB Education, which is committed to collaborative development efforts for learners around the world. You can let me know of specifics you want me to touch on, with respect to Personal Development and Professional Growth. Because I am the best in the game, and when I am not, I figure out how to become the best. Just like how life works! Keep Learning and Keep Living!2021 © Azman Branudeen & AZB Education. All Rights Reserved.#CIMA #AzmanBranudeen #StrategicCaseStudy #AdvancedPerformanceManagement #CIMASCSNovember2021 #CIMASCSFebruary2022 #AZB #SCSwithAZB #AZBEducation #PasswithAZB #SCS #BestLecturer #BestStudent #ACMA #CGMA #AICPA #CIMASCSwithAZB #ACCA #PersonalDevelopment #ProfessionalDevelopment #CareerGrowth #Education #SocialInfluencer #Teacher #YouTuber #Mentor #Trainer #Lecturer #StoryTeller #Speaker #ContentCreator #EducationManagement #Educate #Empower #UnleashYourPotential #PersonalGrowth #UnleashYourPotentialwithAZB

Categories
Resources for Accountants

Introduction to Walkthroughs [Video]

At the root of planning and risk assessment procedures in an audit is obtaining an understanding of the entity. And what is one of the best ways to do this? By performing a walkthrough! When planned and performed appropriately, walkthroughs provide auditors with valuable insight, which helps in assessing audit risk and designing efficient and effective audit responses.This CPE-eligible (1.0 CPE), eLearning course will define a walkthrough, discuss how to prepare a walkthrough, and cover the various items and documentation requirements to consider when performing a walkthrough. If you are an auditor who audits financial statements in accordance with Public Company Accounting Oversight Board (PCAOB) auditing standards, U.S. generally accepted auditing standards (U.S. GAAS), or International Standards of Auditing (ISAs), this course is an essential component of learning how to effectively perform a walkthrough.https://revolution.gaapdynamics.com/learn/course/external/view/elearning/689/walkthroughs-a-z

Categories
Resources for Accountants

From Lawyer in Bolivia to Successful US Accountant: 3 Steps to Make It Happen [Video]

Ever wondered if you can switch careers and build a successful accounting career in the USA as an immigrant? 🌎 Meet Monica, a former lawyer from Bolivia who followed 3 key steps to transition into accounting in the U.S.! In this interview, we cover: ✅ The biggest challenges of switching careers as an immigrant ✅ The exact 3 steps that helped Monica become a successful accountant ✅ How YOU can start your journey—even with no U.S. experience! Join the EXACT course Monica enrolled in: https://controller-academy.com/courses/controller-academy Time Stamps: 00:00 Intro 00:47 Monica's Background 01:47 Monica's Job Responsibilities 02:56 Monica's Goal in 5 Years 04:47 Monica's Learned This From My Course 06:08 Monica's fav TV Show & Music 08:42 Monica's Journey To the US ----------------------------------- 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