#shorts #Cognitivedissonance #decisionmaking #wallstreetmojo What is cognitive dissonance? Cognitive dissonance is a situation people may find themselves in. They cannot arrive at a conclusion or take any decision, which causes too much mental stress. To know more about it, check out our youtube video. https://www.youtube.com/watch?v=6epV7NVz6Po&feature=youtu.be ========================================================================== 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 #2 of GAAP Chats, hosts Mike Walworth and Chris Brundrett provide listeners with an explanation of the top 5 issues associated with non-GAAP financial measures, as noted by the SEC in their comment letters to registrants. Resources: CDIs https://www.sec.gov/corpfin/non-gaap-financial-measures#section100
In this video, you will learn how circuit breakers work in the stock market.#circuitbreaker #stockmarket #wallstreetmojo #tradinghalt #secChapters:00:00 – Introduction00:41 – How does the circuit breaker work in the stock market?02:35 – Impact of circuit breaker03:43 – ConclusionHow does the circuit breaker work in the stock market?Circuit breakers have three levels triggered based on how much the price has declined.Level 1 – 7% from the closing price of the previous day.Level 2 – 13% from the closing price of the previous day.Level 3 – 20% from the closing price of the previous day.The SEC introduced bands for circuit breakers in stocks based on percentage change concerning the average price in the last 5 minutes.Band 1 will be triggered if the price falls by 5%.Band 2 will be triggered if the price falls by 10%.Band 3 will be triggered if the price falls by 20%.(Explained in detail in the video)Impact of circuit breaker?Circuit breakers protected the market from sliding even further.When investors see price tanking, they might not think rationally and start selling everything to protect themselves from taking losses.If it weren’t for the 15-minute trading halt, investors wouldn’t get the time to rethink and avoid panic decision-making.This was all about circuit breaker in stock market. Don’t forget to subscribe to the channel, like this 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
2022 in Review [Video]
Close Captioning has been auto-generated.We kick off 2023 with a look at the final standards that were issued by the FASB, GASB and AICPA throughout 2022. We’ll give an executive overview of what was issued and how it may impact financial reporting, auditing and ethics.How many ASUs do you think FASB will issue in 2023?#yearinreview #gaap #auditing #ethicsWatch 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/
Enroll in the Controller Academy 🚀 https://thefincontroller.com/p/controller-academy [coupon 30OFFCOURSE for 30% discount] Accrued Vacation Liability is the dollar value of what you owe your employees if they were to quit today. #shorts Start by getting a list of your current employees from your payroll system The list needs to include their annual salary, their current balance of vacation in terms of hours, And their hourly rate Multiply the vacation balance times their hourly rate And this will give you the vacation liability per employee Then you add up the dollar balance for all your employees and that's your total liability at month end Next the journal entry will be debit to Vacation expense and credit to accrue vacation liability —————————— My other best selling courses: 🔥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 📈Get My “Controller KPI Dashboard” (Excel + Course) with the most important P&L and Balance Sheet KPIs: https://thefincontroller.com/p/controller-kpi-dashboard-one-kpi-dashboard-to-run-a-business ——————————————————————— 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
This video shows the journal entry for recording a sale. The journal entry depends on 3 things: (1) Was it a credit sale or a cash sale? If it was a credit sale, you'll need to debit accounts receivable instead of the cash account when recording the sale (2) Was it the sale of goods or reduces? If it was the sale of goods, you'll need to remove the inventory from the books by crediting the inventory accounting and debiting cost of goods sold (3) Was any sales tax collected? If sales tax was collected, then you'll need to record a liability (sales tax payable) Introduction 0:00 Example 1 (sale of goods on credit, no sales tax) 0:33 Example 2 (sale of goods for cash, with a sales tax) 2:02 Example 3 (sale of services for cash, no sales tax) 3:52 — 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
California, Colorado, NY, etc..not every state, but most states are following the new Pay Transparency guidance, forcing companies to list the salary range in each job posting. This is great news for job seekers!! #shorts Enroll in the Controller Academy 🚀 https://thefincontroller.com/p/controller-academy —————————— My other best selling courses: 🔥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 📈Get My “Controller KPI Dashboard” (Excel + Course) with the most important P&L and Balance Sheet KPIs: https://thefincontroller.com/p/controller-kpi-dashboard-one-kpi-dashboard-to-run-a-business ——————————————————————— 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 #Moneylaundering #laundering #wallstreetmojo What is Money laundering? | MUST WATCH | WALLSTREETMOJO Money laundering is getting dirty money cleaned and put into the system, making it seem like clean money. To know more about it, check out our youtube video. https://studio.youtube.com/video/sNZsntChuI4/edit?c=UChlNXSK2tC9SJ2Fhhb2kOUw ========================================================================== 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
Do you ever daydream about the day you can retire? If you’re lucky enough, maybe your employer offers you some type of post-retirement benefit! If so, the accounting for your retirement benefit is governed by IAS 19. In this CPE-eligible eLearning course (1.0 CPE), you’ll learn more about defined benefit plans, which is a type of post-employment benefit within the scope of IAS 19. Additionally, we’ll discuss various considerations as it relates to other long-term employee benefits. Take our self-study eLearning course here: Coming soon 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!
Kinman Tong, partner at Moss Adams, discusses his experiences as an LGBTQ+ individual in the field of accounting and his vision for the future of LGBTQ+ inclusion.
#shorts #golden #handshake #wallstreetmojo What is Golden handshake? | MUST WATCH | WALLSTREETMOJO What is a golden handshake? Companies enter a clause in their employees' employment contracts that the company shall pay the employee a certain amount when they leave the company and are employed no longer by the company. To know more about it, check out our youtube video. https://studio.youtube.com/video/SmbFWa-ruDU/edit?c=UChlNXSK2tC9SJ2Fhhb2kOUw ========================================================================== 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 first responders, accountants help many organizations and individuals with managing risks and financial unknowns. The pandemic added new challenges to the accounting profession, causing professionals to adapt and grow. Challenges transformed into opportunities of growth.