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Resources for Accountants

How to Profit in the Next Bull Market!- Youtube Shorts [Video]

#shorts #bullmarket #bullishmarket #wallstreetmojo What does a bull market mean? | MUST WATCH | WALLSTREETMOJO A bull market is when the prices of financial assets keep rising for a prolonged period. Compared to a bear market, which represents panic and pessimism, a bull market reflects positive market sentiment and tells us that investors are confident in the financial markets https://www.youtube.com/watch?v=jocFJApQFeM ========================================================================== Subscribe to Our Channel – Youtube ► https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1 LinkedIn ► https://www.linkedin.com/company/wallstreetmojo/ Facebook ► https://www.facebook.com/wallstreetmojo Instagram ► https://www.instagram.com/wallstreetmojoofficial/ Twitter ► https://twitter.com/wallstreetmojo

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Uncovering the Secrets of Blue Chip Stocks – Don’t Miss Out!-Youtube Shorts [Video]

#shorts #bluechipstocks #largecapstocks #wallstreetmojoWhat are blue chip stocks? | MUST WATCH | WALLSTREETMOJO Blue chip stocks are publicly listed securities of leading companies with the largest market capitalization.These are quality stocks that are worth a lot and are usually added to top market indexes like the S&P500, NASDAQ, DJIA, etc.To know more about it, check out our Youtube video:https://www.youtube.com/watch?v=JXTJkt-QZ3k ========================================================================== Subscribe to Our Channel – Youtube https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1 LinkedIn https://www.linkedin.com/company/wallstreetmojo/ Facebook https://www.facebook.com/wallstreetmojo Instagram https://www.instagram.com/wallstreetmojoofficial/ Twitter https://twitter.com/wallstreetmojo

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Introduction to audit and the independent auditor [Video]

Do your friends think you do taxes for a living even though you’re a financial statement auditor? Do you, as a financial statement auditor, understand the purpose of your job and the various requirements that come along with it? In this CPE eligible (1.0 hour) eLearning course, we focus on the purpose of a financial statement audit and the numerous responsibilities of a financial statement auditor as prescribed by both PCAOB and U.S. GAAS auditing standards, including what it means to be “independent.” Additionally, we introduce the various risks that a financial statement auditor must consider and address. Take our self-study eLearning course here: https://revolution.gaapdynamics.com/learn/course/498/audit-introduction-to-audit-and-the-independent-auditor Learn more about GAAP Dynamics: https://www.gaapdynamics.com/ Check out our other online courses on the Revolution: https://revolution.gaapdynamics.com/l.. . Subscribe to GAAP Dynamics to see more videos like this!

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How do auditors verify sales? [Video]

If a company says it made a $10 million credit sale, how does the auditor verify that this is true?I mean, how does an auditor know if a sale is really a sale?The auditor is looking for 3 things:• A customer order, to show the customer actually ordered something• A shipping document, to show the company shipped goods to the customer• A sales invoice, to show the company billed the customer for the goods that were shippedThese 3 documents provide strong evidence that a sale actually occurred. But they’re not concrete proof, because the company might have forged these documents. Which is why the auditor would contact the company’s customer directly to ask whether they truly owe money to the company. This is called a confirmation request.#shorts — 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 freely available to the world.— SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS: • A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING• A 44-PAGE GUIDE TO U.S. TAXATION• A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS• MANY MORE FREE PDF GUIDES AND SPREADSHEETS* http://eepurl.com/dIaa5z— SUPPORT EDSPIRA ON PATREON*https://www.patreon.com/prof_mclaughlin— 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/* https://michaelmclaughlin.com

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Fundamental analysis vs technical analysis: Part 1 [Video]

In this video, we will introduce you to fundamental and technical analysis. #fundamentalanalysis #technicalanalysis #wallstreetmojo #fundamentalanalysisvstechnicalanalysis #financialmarket Chapters: 00:00 – Introduction 00:38 – What is fundamental analysis? 01:38 – Steps to carry out fundamental analysis 03:33 – What is technical analysis? 04:39 – Steps to carry out technical analysis 06:57 – Conclusion What is fundamental analysis? Fundamental analysis is all about studying companies' financial reports and documents to determine whether the company will progress in the future. Based on this analysis, investors would invest in the companies with the expectation that their value and stock price will increase and they can make money from it. (Explained in detail in the video) Steps to carry out fundamental analysis Step 1: Perform industry analysis Step 2: Perform company analysis Step 3: Perform financial modeling Step 4: Carry out valuation Analysis What is technical analysis? Technical analysis is about looking at historical price movements to spot trends and patterns that may repeat in the future and capitalizing on them. Technical analysis is based on three principles: Price discounts every piece of information that is known to the general public. Price doesn't move randomly. Instead, one can spot some patterns and trends. Price patterns tend to repeat themselves time and again. (Explained in detail in the video) Steps to carry out technical analysis Step 1: Select the suitable securities Step 2: Identify the best strategy Step 3: Get a trading account Step 4: Know your tools and interfaces Step 5: Always paper trade first This will be all for the part 1 video. Subscribe to the channel, give the video a like, and share it with others. ========================================================================== Subscribe to Our Channel – Youtube ► https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1 LinkedIn ► https://www.linkedin.com/company/wallstreetmojo/ Facebook ► https://www.facebook.com/wallstreetmojo Instagram ► https://www.instagram.com/wallstreetmojoofficial/ Twitter ► https://twitter.com/wallstreetmojo

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Making the Election to be an S Corporation [Video]

To make a valid election to be an S corporation, a corporation must meet the requirements for being an S corporation and file Form 2553 with the IRS. Once a valid election is in place, the election remains in force until revoked or terminated.As for the timing, the election to be an S corporation must be filed on or before the fifteen day of the third month of the tax year in which the S corporation status would begin. Thus, a C corporation that is a calendar year taxpayer and wishes to become an S corporation starting on January 1, 2024 would need file Form 2553 on or before March 15, 2024 (can file anytime during 2023). For newly-formed corporations, the two-and-a-half-month deadline begins at the earliest occurrence of these events:- The corporation has shareholders- The corporation acquires assets- The corporation commences business operationsThe IRS may accept late filings for reasonable causes (you need to explain this in Form 2553).Also, to make a valid election, all shareholders must consent to the election in writing (they need to sign Form 2553). A consent extension may be granted in certain circumstances.0:00 Introduction0:10 Filing Form 25530:45 Timing of the election2:02 Timing exception (new corporations)3:23 Shareholder consent— 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 freely available to the world.— SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS: • A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING• A 44-PAGE GUIDE TO U.S. TAXATION• A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS• MANY MORE FREE PDF GUIDES AND SPREADSHEETS* http://eepurl.com/dIaa5z— SUPPORT EDSPIRA ON PATREON*https://www.patreon.com/prof_mclaughlin— 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/* https://michaelmclaughlin.com

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Unveiling Wall Street’s Darkest Secret- Youtube Shorts [Video]

#shorts #blacktuesday #blackmonday #wallstreetmojo What is black Tuesday? | MUST WATCH | WALLSTREETMOJO October 29th, 1929, is often referred to as Black Tuesday. This is because it was the day when the Dow Jones Industrial Average fell almost 12% in a single day. This sudden crash further affected the markets as by mid-November, the DJIA lost 50% of its value, and by the summer of 1932, the index was trading at around 90% below the peak. https://www.youtube.com/watch?v=ssf0mRupYzw ========================================================================== Subscribe to Our Channel – Youtube ► https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1 LinkedIn ► https://www.linkedin.com/company/wallstreetmojo/ Facebook ► https://www.facebook.com/wallstreetmojo Instagram ► https://www.instagram.com/wallstreetmojoofficial/ Twitter ► https://twitter.com/wallstreetmojo

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Resources for Accountants

Unveiling the Mystery of a “Black Swan” Event | YouTube Shorts [Video]

#shorts #blackswanevent #nassimtaleb #wallstreetmojoWhat is black swan event?| MUST WATCH | WALLSTREETMOJO A black swan event is an unpredictable incident that occurs as a shock and can have positive or negative consequences.The term was coined by Nassim Nicholas Taleb, a professor at New York University, also an ex Wallstreet trader in his books, Fooled by Randomness and The Black Swan.https://www.youtube.com/watch?v=3UOdLYCBB94 ========================================================================== Subscribe to Our Channel – Youtube https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1 LinkedIn https://www.linkedin.com/company/wallstreetmojo/ Facebook https://www.facebook.com/wallstreetmojo Instagram https://www.instagram.com/wallstreetmojoofficial/ Twitter https://twitter.com/wallstreetmojo