AICPA Town Hall – March 23 Edition
#shorts #primebrokerage #brokerage #wallstreetmojoWhat is prime brokerage? | MUST WATCH | WALLSTREETMOJO Prime brokerage generally refers to certain services provided by financial institutions to clients with complex financial needs.The institutions providing such services usually are investment banks like Goldman Sachs, Morgan Stanley, JP Morgan Chase, UBS, Barclays, HSBC, etc. To know more about it, check out our Youtube video. https://www.youtube.com/watch?v=NNVgNhjh1B0========================================================================== 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
Join 10,000 Accounting/Finance professionals who enrolled in the Controller Bundle (includes the Controller Academy course) at 30% off with code 30offcourse: https://thefincontroller.com Enroll in the Controller Academy 🚀 https://thefincontroller.com/p/controller-academy [coupon 30OFFCOURSE for 30% discount] 🔥Take 30% off when you enroll in my online course “Night Before the Accounting Interview Guide” including All Levels Q&A🔥: https://thefincontroller.com/p/the-night-before-your-accounting-interview-course-for-all-levels?coupon_code=30OFFCOURSE Hey guys, in this video I will walk you though the Accounting equation form 3 different angels to make sure you fully understand it. ———————————– Hang Out with me on social media: 📸 https://www.instagram.com/the_financial_controller/ 📱https://www.tiktok.com/@thefinancialcontroller 🙋🏼♂️https://www.facebook.com/groups/780732429036886/?source_id=101273467885666 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
Switzerland. Known for cheese, chocolate, beautiful landscapes, the Alps, skiing and for fine, precision crafted and expensive watches. Known for its status as a neutral state. And also known for its banking industry. Swiss banks are regarded as some of the safest regarding privacy and keeping their client’s identity hidden, with the exception of cases of terrorist threats, of course. But this week one of those banking institutions, the 167 year old Credit Suisse, Switzerland’s second largest, was all over the news as the latest to get caught in the evolving saga of turmoil in the banking industry.
You can calculate 4 different profit margins with the typical income statement.Gross Margin = Gross Profit / Net Sales The gross margin tells you the profitability after deducting COGS but before any other expenses. In short, it shows whether the company is selling the product above its cost.Operating Margin = Operating Income / Net SalesThe operating margin tells you the profitability after deducting cost of goods sold and operating expenses like rent, selling expenses, and administrative salaries. It is the company’s margin before nonoperating items like interest expense. Thus, if you’re comparing two companies that have different financing structures, you’d want to compare their operating margin since it’s not affected by interest.EBT Margin = Pretax Income / Net SalesThe EBT (earnings before taxes) margin tells you the profitability after deducting all expenses other than income taxes.Profit Margin = Net Income / Net SalesThe profit margin tells you the profitability after deducting all the expenses. #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
In this video, you will learn about earnings calls and their importance.#earningscall #financialresults #wallstreetmojo #companies #quarterlyresultsChapters:00:00 – Introduction00:47 – What is an earnings call?01:41 – Structure of earnings call03:04 – Advantages03:36 – Disadvantages04:22 – ConclusionWhat is an earnings call?An earnings call is a press conference or a webcast in which the company presents its financial results to investors, analysts, media, the general public, etc.(Explained in detail in the video)Structure of earnings callSafe harbor statementDiscussion of financial resultQuestion and answer sessionClosing remarksAdvantagesThe earnings call allows the company to present its financial results to investors, the media, and the general public.The attendees of the earnings call event get to speak directly with the company’s management and get their queries cleared.Those who track companies’ performances for investment decisions can benefit significantly from the earnings call meeting.DisadvantagesThe purpose of the earnings call meeting would fail if the company’s management just read out the financial result or followed a pre-written script.If the financial result contains enough jargon that the attendees are unaware of, they may not be able to come up with good questions.When it comes to the Q&A session, companies choose who gets to answer on behalf of the company rather than the attendees choosing.This was all about earnings call. Like the video, subscribe to the channel, and share it with others.==========================================================================Subscribe to Our Channel –Youtube https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1LinkedIn https://www.linkedin.com/company/wallstreetmojo/Facebook https://www.facebook.com/wallstreetmojoInstagram https://www.instagram.com/wallstreetmojoofficial/Twitter https://twitter.com/wallstreetmojo
SAS 149 [Video]
Close Captioning has been auto-generated.The AICPA has issued SAS 149, Special Considerations — Audits of Group Financial Statements (https://www.aicpa.org/resources/download/aicpa-statement-on-auditing-standards-no-149) (Including the Work of Component Auditors and Audits of Referred-to Auditors), which supersedes extant AU-C 600. The new standard differentiates between a newly created term “referred-to auditors” (not part of the engagement team) and an updated term “component auditors” (part of the engagement team). It also moves towards a principles based approach for deciding the proper audit response. The SAS is effective for audits of group financial statements for periods ending on or after December 15, 2026.Do you agree with the changes to group audits?Watch all A&A Today videos at https://www.youtube.com/playlist?list=PLzz2wvHsZ2DNJ64dEWyHTq5BcvI1RALA-____________________________________________________________Subscribe for More CPA Video Updates https://www.youtube.com/user/WashingtonCPAs CONNECT WITH US: WSCPA https://www.wscpa.org FACEBOOK https://www.facebook.com/WashingtonCPAs LINKEDIN https://www.linkedin.com/company/353584 TWITTER https://twitter.com/WashingtonCPAs INSTAGRAM https://www.instagram.com/washingtoncpas/
This video shows how to record a journal entry for a stock issuance. The journal entry for a stock issuance differs based on whether: -The stock issued is common stock or preferred stock -The stock issued is par or no-par stock -The stock is exchanged for cash or non-cash consideration -Stock issuance costs are netted against the proceeds against the stock issuance The video shows the journal entry for the stock issuance in each of these situations. 0:00 Introduction 0:20 Issuing no-par stock 0:43 Issuing stock with a par value 1:45 Issuing stock for noncash consideration 2:59 Issuing preferred stock 3:48 Accounting for stock issuance costs — 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
#shorts #orderbook #financialmarket #wallstreetmojo What is order book?| MUST WATCH | WALLSTREETMOJO An order book is an electronic book that records all buy and sell orders for a specific stock, currency, derivative, bond, etc. You’ll find data on the bid and ask offers, along with other orders like market orders, limit orders, stop loss, trailing stop loss, etc. To know more about it, check out our Youtube video. https://www.youtube.com/watch?v=OiYrAKbTL8o&t=22s ========================================================================== 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
#shorts #openposition #financialmarkets #wallstreetmojo What is an open position? | MUST WATCH | WALLSTREETMOJO An open position is when a trader or an investor has either gone long or short on any financial asset and hasn’t yet squared off or closed the position. The duration of these open positions will vary with investors and traders. To know more about it, check out our Youtube video. https://www.youtube.com/watch?v=oQWoeRGsAew ========================================================================== 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
CPA.com CEO Erik Asgeirsson and BILL CEO René Lacerte share broad perspective on recent marketplace events, including BILL’s response to the Silicon Valley Bank incident. They also discuss the importance of understanding broader systemic and payment
In this particularly timely episode of AM Now, Embarkers Adam Olsen and Nicole Harger roll up their sleeves to discuss: The …