Categories
Resources for Accountants

Noise trader: Easy explanation [Video]

In this video, you will learn who a noise trader is and also understand what type of trader you should become. #trader #investor #wallstreetmojo #financialmarkets #noisetrader Chapters: 00:00 – Introduction 00:32 – Understanding with an example 01:36 – Who is a noise trader? 02:32 – Noise trader impact 03:27 – Noise trader risk 03:57 – Conclusion Say that you own 100 shares of Apple, and recently, Apple’s results came out, and it was poor. There is panic everywhere, and people are selling. Would you also sell the shares? Or would you decide to keep the shares in your portfolio? Or would you consider buying more Apple shares? Who is a noise trader? Noise traders are those types of traders that buy and sell stocks based on rumors, and unsolicited tips, without any analysis. In short, they trade or invest all based on noise. These people think they have some special …

Watch/Read More
Categories
Resources for Accountants

Difference between an auditor specialist and a company or management specialist [Video]

Rachel is looking to "close the GAAP" on the difference between an auditor specialist and a company or management specialist. Check out her quick video explanation here! If you are interested in learning more, explore our eLearning course on Using the Work of Specialists: https://www.gaapdynamics.com/product/using-the-work-of-specialists/

Categories
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

Categories
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.