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.comEnroll 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=30OFFCOURSEDownload the Cash Accounting vs. Accrual Accounting Excel file:https://thefincontroller.com/p/cashandaccrualaccountingIn this video I discuss which accounting method to use for a new company. The 2 methods are Cash Accounting and Accrual Accounting. We discuss some examples of financial transactions to illustrate the impact of the choice on the income statement. Accrual Accounting is the method that’s compliant with US GAAP (Generally Accepted Accounting Principles).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=101273467885666DISCLAIMER: 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
In this video, you will learn about day trading strategies, rules, and how to become a day trader. #daytrading #tradingstrategies #wallstreetmojo #patterndaytrader #daytrader Chapters: 00:00 – Introduction 00:34 – Day trading strategies 02:42 – Day trading rules 03:56 – How to start day trading? 05:10 – Conclusion Day trading strategies Scalping Range trading News based trading High-frequency trading (Explained in detail in the video) Day trading rules The Financial Industry Regulation Authority has set some rules for day traders. The rules state that pattern day traders need at least $25,000 in their trading account if they want to trade. There is something known as the margin, the amount you can use to trade. So, you need to have $25,000 in your account, and you can use any amount above that to trade. Then there’s something known as Day Trading Buy Power, which is the total amount you get to trade with. DTBP is 4 times the margin amount. (Explained in detail in the video) How to start day trading? Learn the basics Have enough capital Test your knowledge Build your trading plan Optimize trading costs Trade on a demo account Start trading with small capital and increase gradually This was all about day 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
Have you ever wondered why investors and analysts focus so much on earnings per share and not as much on net income? It's because companies can have very different amounts of common shares outstanding. Thus, investors don't just want to see a company's net income, they want to see its net income attributable to each common share of stock. If you have two companies that both have $20 million of net income and zero preferred dividends, but one company has 1 million common shares outstanding while the other company has 20 million shares outstanding, the first company will have earnings per share of $20 ($20m / 1m) compared to earnings per share of just $1 ($20m / 20m) for the other company. If you own a single share of each company, your "share" of the profits from the one company is $20 compared to just $1 for the other company, even though both companies have the same total net income. 0:00 Introduction 0:44 Example with fictional companies 2:06 Example with Procter & Gamble and Kimberly-Clark — 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 #auctionmarket #buyersandsellers #wallstreetmojo What is the Auction market? | MUST WATCH | WALLSTREETMOJO What is an auction market? You might know an auction market where a seller keeps something for auction to which buyers put in their bids. Whoever has the highest bid gets to buy it. To know more about it, check out our Youtube video. https://youtu.be/75wO8Sazc58 ========================================================================== 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
In Episode #5 of GAAP Chats, hosts Mike Walworth and Chris Brundrett welcome their first guest – Vicky Hale, Chief Learning Officer of GAAP Dynamics – to talk about current learning and development (L&D) trends for CPA firms.
In this video, we will introduce you to day trading.#daytrading #trader #wallstreetmojo #tradingstyle #daytraderChapters:00:00 – Introduction00:36 – What is day trading?01:26 – How does day trading work?02:47 – Benefits03:47 – Disadvantages04:33 – ConclusionWhat is day trading?Day trading is buying or selling stocks or anything else and then closing the position before the market closes, only to book the profits made that day.The key to day trading is to get in on financial assets that will have a trending day and manage risk properly so that the trader’s capital is not exhausted.(Explained in detail in the video)How does day trading work?In day trading, traders will go long or short in the beginning and close all positions at the end of the trading session.One can do day trading in any market, be it the stock market, forex market, futures market, options market, or even crypto.Day trading is a game of supply and demand. Once traders buy up the stocks, the supply diminishes, and it naturally drives the price higher. But, of course, the same would apply to the opposite.BenefitsNo overnight riskFlexible working hoursHigh earning potential(Explained in detail in the video)DisadvantagesQuite demandingInvolves high riskMinimum balance requirementThis was all about day 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=1LinkedIn https://www.linkedin.com/company/wallstreetmojo/Facebook https://www.facebook.com/wallstreetmojoInstagram https://www.instagram.com/wallstreetmojoofficial/Twitter https://twitter.com/wallstreetmojo
Close Captioning has been auto-generated.GAO has issued a proposed update to GAGAS(https://www.gao.gov/assets/gao-23-106303.pdf). The main changes include, similar to the AICPA, a movement to quality management and a more risk based approach to quality and quality reviews. They also provide application guidance around key audit matters. Comments are due by April 28, 2023.Do you agree with the change to QM for government audit organizations?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/
Help clients identify, assess and evaluate various risks that arise when doing business with third parties, including customers, vendors and service providers.
Once the auditor has a solid understanding of the payroll cycle, the auditor can identify (a) significant accounts and (b) relevant assertions. An account is significant if there is a reasonable chance it could contain a material misstatement. Significant accounts for the payroll cycle include: • Cash • Labor expense (direct labor, indirect labor, sales commission expense, G&A expense) • Inventory • Cost of goods sold • Payroll-related liabilities The auditor should also identify the relevant assertions management is making about payroll transactions and significant accounts. An assertion is relevant if there is a reasonable chance it could contain a misstatement that leads to the financial statements being materially misstated. Assertions about account balances include existence, rights and obligations, completeness, valuation, and classification. Assertions about payroll transactions include occurrence, completeness, authorization, accuracy, cutoff, and classification. 0:00 Introduction 0:24 Significant accounts 1:01 Considerations for manufacturers 2:09 Stock-based compensation expense 2:45 Relevant assertions 3:02 Assertions about account balances and transactions 3:20 Existence 4:16 Completeness 5:21 Authorization 5:49 Accuracy 6:11 Cutoff 6:16 Classification 7:23 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
Help clients identify, assess and evaluate various risks that arise when doing business with third parties, including customers, vendors and service providers.
#shorts #anchoringbias #cognitivebias #wallstreetmojo What is anchoring bias? | MUST WATCH | WALLSTREETMOJO What is anchoring bias? It is known as anchoring bias when a person is given a piece of information and solely relies on it whenever they take any decision. To know more about it, check out our Youtube video. https://youtu.be/Axpa28u39Ks ========================================================================== 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
undefined