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Join FORVIS for the Q2 2022 installment of our webinar series, Quarterly Perspectives: Financial Reporting and Beyond. Intended for CFOs, accountants and board members, this moderated discussion will cover current events and activities happening in the profession, including recent developments at the FASB, AICPA, SEC and other standard-setting agencies. By attending this series, finance and accounting leaders as well as board members of public and private entities can remain on top of the latest happenings that may impact their organizations.

In this video, you will learn everything you need to know about cyclical industries. #cyclicalindustry #economy #wallstreetmojo #stockmarket #economiccycle Chapters: 00:00 – Introduction 00:41 – What is a cyclical industry? 01:33 – Top factors affecting a cyclical industry 03:13 – Indicators of cyclical industry 04:14 – Performance drivers of cyclical stocks 05:34 – Conclusion What is a cyclical industry? Cyclical industries are industries whose performance is directly correlated to the market cycle. In short, these industries move with the overall market. Say that the market is quite bullish at one point. These cyclical industries will see prices going up too. But, conversely, these industries will be bearish if the market is bearish too. (Explained in detail in the video) Top factors affecting a cyclical industry GDP Shopper spending level Interest rates Inflation Indicators of a cyclical industry Purchasing managers index Index of industrial production Consumer price index Performance drivers of cyclical stocks The Beta of the stock Earnings per share Price-to-earnings ratio This was all about the cyclical industry. Subscribe to the channel, like the video, 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

The payroll cycle, also known as the human resource management process, involves two systems: human resource management (hiring, training, evaluating, and firing employees) and payroll (paying employees for their services). The payroll cycle consists of the following steps: 1. Hiring/firing employees 2. Updating the payroll system (aka payroll master file) 3. Timekeeping and supervision 4. Payroll accounting (computing gross pay, deductions, and net pay) 5. Payroll distribution (direct deposit, preparing and disbursing checks) 6. Recording the journal entry The payroll cycle is initiated by the hiring (or firing) of an employee. Once an employee has been hired they need to be added to the payroll. Once an employee has begun working, supervisors are responsible for approving the employee’s time worked and attendance. After verifying the hours worked, the next step is to calculate each employee's gross pay, deductions, and net pay. Employees then need to be paid, either by depositing funds into employees’ bank accounts or cutting checks and distributing them to employees. The final step in the payroll cycle is to record the journal entry in the general ledger. 0:00 Introduction 1:15 Hiring/firing employees 1:58 Updating the payroll system 2:34 Timekeeping and supervision 3:49 Payroll accounting 5:13 Payroll distribution 5:40 Recording the journal entry — 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

Purchase the Controller Bundle (includes the Controller Academy course) at 30% off with code 30offcourse: https://thefincontroller.com/p/controller-bundle-3-courses-learn-accounting-kpi-design-kpi-dashboard-download-and-course 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 In this video I discuss common interview questions for accounting managers (5-8 years work experience): 1. When have you improved the quality of financial information or the efficiency of sharing financial information? 2. Talk about the accounting/financial reporting software that you use frequently 3. You need to hire financial staff. How do you find the best candidates? 4. Recall a time you had to motivate your team to complete a complex project. 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

#shorts #algorithmictrading #financialtrading #wallstreetmojo What is Algorithmic Trading? Algorithmic trading is automated trading where traders or investors do not have to punch in buy or sell orders manually. Rather, the computer does it for them. (Explained in detail in the video) To know more about it, check out our youtube video. https://youtu.be/IjDCI5nhOAI ========================================================================== 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

As promised in the video, you can now get your 3 free gifts, here: https://www.bizmove.com/business-gifts.htm Here’s what you get: 1. An Extensive Business Plan Template in MS Word Format. This is a high quality, full blown business plan template complete with detailed instructions and all related spread sheets. Allows you to prepare a professional Aluminum Can Recycling business plan. 2. Small Business Management Software Program. This is an easy to use software program. It is a multi feature business management program that will help you do the following: plan and analyze your start up expenses and sales, perform Break-Even Point analysis, conduct 'what-if's analysis, perform financial ratios analysis, make a "go /no-go" decision, create financial projections, and more. Simply type in once your business' details and assumptions and it will automatically produce a comprehensive set of financial projections and analysis for your specific business, including: Start-Up Expenses, Projected Balance Sheet, Projected Cash Flow Statement, Financial Ratios Analysis, Projected Profit and Loss Statement, Break Even Analysis, and much more. 3. Book: How to Start a Business From Scratch. This is a practical manual that will walk you step by step through all the essential phases of starting a business. The book is packed with guides, worksheets and checklists. These strategies are absolutely crucial to your business' success yet are simple and easy to apply.

Hang on, baby Jesus, this is gonna get bumpy! This quote by Ricky Bobby, played by Will Ferrel, in Talladega Nights aptly describes the current state of the job market in certain sectors of the economy. It’s no secret that the U.S. economy is slowing down and, as a result of rapid expansion and over-hiring (and over paying) workers during the last few years, many of these companies are bloated. They need to slash costs and, unfortunately for workers, the biggest cost for most companies is payroll. In this episode of GAAP Chats, Chris and I talk about the spate of recent layoffs, as well as the related accounting considerations. Resources: Blog: Accounting for restructuring charges under U.S. GAAP https://www.gaapdynamics.com/insights/blog/2020/04/21/planning-a-restructuring-heres-a-refresher-of-asc-420-and-asc-712/ Accounting for Restructuring Provisions and Related Termination Benefits (U.S. GAAP) https://revolution.gaapdynamics.com/learn/course/external/view/elearning/37/accounting-for-restructuring-provisions-and-related-termination-benefits Provisions and Contingencies: IAS 37 https://revolution.gaapdynamics.com/learn/course/external/view/elearning/274/provisions-and-contingencies-ias-37

In this video, you will learn about consumer discretionary. #consumerdiscretionary #consumer #wallstreetmojo #personalincome #economy Chapters: 00:00 – Introduction 00:43 – What is consumer discretionary? 02:27 – Consumer discretionary sectors 04:01 – Conclusion What is consumer discretionary? Consumer discretionary goods are not necessary for survival and are things we’d want and not need. We might not give absolute priority to purchasing these types of things, and it is usually at our discretion whether we should buy them. When the economy is doing good, people earn more, so they can spend more on such discretionary goods. But, on the other hand, if the economy is not doing good, people generally see their income go down, and they avoid spending on anything other than the necessary stuff. (Explained in detail in the video) Consumer discretionary sectors Here are the major consumer discretionary sectors: Automobiles Consumer services Leisure Retail Investors usually track companies that sell consumer discretionary goods. These include Amazon, Alibaba, Disney, etc. There are even Exchange Traded Funds or ETFs that track companies that sell consumer discretionary goods. (Explained in detail in the video) This is all about consumer discretionary. Subscribe to the channel, like the video, 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