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Resources for Accountants

Odd lot: Easy explanation [Video]

In this video, you will learn about a stock market topic, an odd lot. #stockmarket #trading #wallstreetmojo #investing #portfolio Chapters: 00:00 – Introduction 00:22 – What is an odd lot? 02:14 – Causes of popularity 03:21 – Conclusion What is an odd lot? In the stock markets, any shares or security traded in a standardized unit is a lot. These lots would be in multiples of 10, 100, and 1000 and their purpose is to make it easier to calculate the price, quantity, price change, etc. An odd lot is when the quantity of the shares is not as per the multiples of the lot. For example, if the lots are multiples of, say, 100, the odd lot would be 21, 33, 42, etc. Odd lot trading may have a couple of problems. Firstly, if you trade in an odd lot, you might be charged an extra commission, and secondly, …

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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

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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/

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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.