The AICPA and NASBA are launching a new program to help CPA candidates meet the education requirement. Through this additional route, accounting graduates with a bachelor’s degree can earn up to 30 credit hours through online courses, while working flexible hours in an entry-level firm role.
#shorts #hothand #hothandfallacy #wallstreetmojo What is a hot hand? | MUST WATCH | WALLSTREETMOJO Hot hand is a fallacy in which people tend to have this notion or belief that if something has had a positive outcome in the past, then it will continue to do so. To know more about it, check out our Youtube video. https://www.youtube.com/watch?v=KRvWDvwWn68 ========================================================================== 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
When Nick earned his CGMA designation, it broadened his opportunities in accounting and finance. The CGMA qualification helps him stand out among the hiring pool and allows him to work all over the globe. Here, he explains why he chose to pursue the designation and why it was the right fit for him. Find out more about joining us: https://myfuture.cimaglobal.com/
When Nick earned his CGMA designation, it broadened his opportunities in accounting and finance. The CGMA qualification helps him stand out among the hiring pool and allows him to work all over the globe. Here, he explains why he chose to pursue the designation and why it was the right fit for him. Find out more about joining us: https://myfuture.cimaglobal.com/
#shorts #trading #hft #wallstreetmojo What is high-frequency trading? | MUST WATCH | WALLSTREETMOJO High-frequency trading is a type of trading in which traders use sophisticated technology to help them in their trading activities. It allows traders to fasten the entire process, hence giving them a vital edge over competitors, as in the financial markets, time is literally money. To know more about it, check out our Youtube video. https://www.youtube.com/watch?v=Vge-vo1FsWE&t=1s ========================================================================== 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
This Black History Month, Barry Melancon talked to NABAInc President and CEO Guylaine Saint Juste as part of NABA’s Mind our Business and Build Black Wealth campaign. Among many topics, they discuss enhancing opportunities in accounting and finance for Black students and professionals. #OneNABA #aicpadiversity
They are the independent audit watchdog who are responsible for overseeing the audits of public companies and SEC-registered brokers and dealers. I’m talking about the P-C-A-O-B. Their inspections and associated inspection reports bring angst to audit engagement teams everywhere. In Episode #7 of GAAP Chats, hosts Mike Walworth and Chris Brundrett dig into the PCAOB, the self-proclaimed independent audit watchdog, and reveal insights from their review of the 2021 PCAOB inspection reports for the annually inspected firms.
This video will teach you the critical differences between day trading and swing trading. #daytrading #swingtrading #wallstreetmojo #daytradingvsswingtrading #trader Chapters: 00:00 – Introduction 00:39 – What is day trading? 01:26 – What is swing trading? 02:02 – Key differences 03:43 – Conclusion What is day trading? In day trading, traders would buy and sell financial assets within the same day. It allows traders to do away with any overnight risk, as no trades are held for more than a day. There can be a lot of information flow or sentiment changes that fluctuate prices throughout the day. As a result, day traders may use technical, fundamental, or quantitative analysis to take trades. What is swing trading? In swing trading, traders hold their trades for more than a day, and they usually close the positions within a couple of days or even weeks. These traders will also use technical, fundamental, or quantitative analysis. The only difference is that their trades will take longer to play out according to their plan. Key differences Day traders close their trades on the same day. Swing traders hold their trades longer. Day traders do not have any overnight risk. On the other hand, swing traders will be exposed to overnight risks. Day traders trade on smaller timeframes like the 5, 15, and 30-minute ones, and swing traders use larger timeframes like the hourly, 4-hourly, and even daily timeframes. Day traders look to capitalize on quick price moves. Hence they spend a lot of time in front of their trading terminal. Swing traders don’t spend much time analyzing stuff and don’t have to be very quick with their activities. (Explained in detail in the video) This was all about day trading vs swing trading. 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
This webinar gives you an overview of the 2023 R1 Updates in Sage Intacct. Guided by a qualified Sage consultant, this webinar will take you through the changes step by step, using the same interactive Sage Intacct dashboards that you use in your company today. The goal is to ensure you and your teams have the information to maximize the system features and get the clearest view of the financials across your business/es. Sage Intacct is an industry leading native cloud financial management tool with the flexibility to handle how you run your construction and/or real estate business. Gain visibility and control with the only accounting software endorsed by the AICPA.ETHOSystems is a multi-award-winning provider of integrated construction and real estate business software and support. With over 35 years hands-on industry experience, we utilize the Sage software and complimentary products to bring real time solutions to long term challenges. When it comes to accounting, project management estimating, CRM, HR and payroll, ETHOSystems is dedicated to recommending, designing, implementing and supporting software solutions tailored to the specific needs of the construction and real estate industries. Website – http://ethosystems.comLinkedin – http://www.linkedin.com/company/ethos…Facebook – https://www.facebook.com/ETHOSystemsIncTwitter – https://twitter.com/ethosystems
After identifying the significant accounts, transactions, and assertions for the payroll cycle, the auditor should assess the risk of material misstatement. The risk of material misstatement is a function of both inherent risk and control risk. Risk of Material Misstatement = Inherent Risk × Control Risk Inherent risk is the risk a material misstatement will occur in the absence of internal controls. Inherent risk is high for payroll accounts and transactions when: • The company has significant amounts of executive compensation • The company has significant amounts of share-based compensation • The company has high employee turnover • The company has labor contracts with unions Control risk is the risk a material misstatement would not be prevented or detected by the client’s internal controls. Assuming the auditor plans to rely on the client’s internal controls, there are 3 steps for setting control risk: 1. Understand and document the internal control process 2. Plan and perform tests of controls on payroll transactions 3. Set the achieved level of control risk Once the auditor knows both the inherent risk and the control risk for payroll transactions, the auditor can determine the risk of material misstatement (RMM), which is the risk that a material misstatement will occur and not be prevented or detected by the client’s internal controls. You could also think of RMM as the risk that a material misstatement exists prior to the auditors doing their work. A high RMM means the auditors will need to set detection risk lower to achieve an acceptable level of audit risk. Audit Risk = Risk of Material Misstatement × Detection Risk 0:00 Introduction 0:32 Inherent risk 3:06 Control risk 6:35 Risk of material misstatement 7:52 Detection risk 8:10 PDF guide — 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
We dissect the AICPA’s plan; Short seller Hindenburg Research reports that Adani Group had 23 and 24 year-old auditors sign off on financials. WSJ asks: “How can we make accounting cool?”; Biden vows to veto GOP plan to abolish the IRS; CPA exam takers down 25% since 2018; IRS too busy to replace old computers, suspends project00:19 Preview: What will bring young people to accounting profession 01:01 Introduction and some of what we’ll cover this episode 03:13 NPR Marketplace interview with Adrienne Gonzalez and the struggle to find accountants10:30 AICPA’s town hall 16:43 Thank you to our sponsor, OnPay18:01 Checking in on our live chat21:12 Matt asks for ideas on how he should obtain his 150 hours27:47 Thank you to our sponsor, Relay29:55 Accounting Today article on CPA exam pass rates falling in 202235:59 GAO says IRS gave up on computer systems upgrade39:49 Thank you to our sponsor, First Republic Bank40:35 Republican bill to abolish the IRS43:15 Lets talk about Adani Group’s auditors46:20 Tether releases latest attestation report48:51 Nikole’s voicemail and the Accounting High bracket 51:32 Company holds “funeral” for QuickBooks53:35 Blake reads some listeners comments and feedback58:05 Wrap up and the CAP is going to Expensicon!59:46 Classifieds59:48 Client Hub01:00:24 RightTool01:00:46 Federal Tax Updates Podcast01:01:59 How to advertise in these classifieds
In the aftermath of massive layoffs that began late last year and continue to this day, CEOs at some of the largest companies are taking pay cuts for 2023. Good. It’s only fair, but are they doing it out of fairness and empathy, or is there something else at play? In this episode, Mike and Chris take on executive pay and the executive compensation provisions within the Dodd-Frank Act, two of which were recently implemented by the SEC.