![GAAP – Generally accepted accounting principles , Class XI ,Lesson 2 . business entity concept [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/11/mp_13915_0_0jpg.jpg)
@ANCount- Accountancy with Anupama.GAAP refers to the rules or guidelines adopted for recording and reporting of business transactions in order to bring uniformity in the preparation and presentation of financial statements. These are also called as concepts, assumptions, conventions and postulates . These principles are – Business entity concept, money measurement concept, going concern concept, accounting period concept, historical cost concept, revenue recognition concept, matching principle concept, conservatism principle, full disclosure concept and materiality concept.What is Gap ? ,What are the features of GAAP ?,What is meant by GAAP in accounting ?,What is GAAP and its types ?,Basis of accounting.,Theory base of accounting class 11.,Chapter 2 accounts class 11.,What is business entity principle with example ?,Why is business entity principle important ?,What is business entity principle class 11 ?,What is business entity concept ?,What is money measurement concept ?,What is the limitation of money measurement concept ?,Importance of money measurement concept.,
![Pre-market: Easy explanation [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/11/mp_13903_0_0jpg.jpg)
In this video, you will learn about pre-market trading sessions in the US stock markets.#premarket #stockmarket #wallstreetmojo #trading #investingChapters:00:00 – Introduction00:30 – What is pre-market?01:33 – How does pre-market work?02:36 – Who can trade in pre-market?03:05 – Advantages and disadvantages03:56 – ConclusionWhat is pre-market?The pre-market session begins at 4 and continues till 9:30 in the morning, till the regular trading session begins.The pre-market session allows traders or investors to buy or sell financial assets in the stock exchange before the market opens for the regular trading session.You should note one important thing in the pre-market: less liquidity and volumes lead to high bid-ask spreads.(Explained in detail in the video)How does pre-market work?The pre-market session is an extension of the regular trading hours, and we can say that the US stock market is effectively open for around 12 hours a day.Another important thing about the pre-market session that you should know is that unlike the normal trading session, where you can place both market and limit orders, in the pre-market session, you can trade using limit orders only.Who can trade in pre-market?Earlier, the pre-market session was made available only to institutional traders and investors like mutual funds, hedge funds, and other financial institutions.But with time, the US stock exchanges opened the pre-market session to retail traders and investors.Advantages and disadvantagesOne of the biggest advantages of the pre-market session is that when companies announce their results after the market has closed or before the trading session begins, traders and investors can act on such events and build their positions.Now coming to the disadvantages of the pre-market session, liquidity and volumes are seriously low as compared to regular trading hours.As you already know, this, in turn, widens the bid-ask spread a lot.Finally, some brokers may charge extra brokerage or fees from traders trading during pre-market. So this increases costs.(Explained in detail in the video)This was all about pre-market. Give this video a like and subscribe to the channel.==========================================================================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
![R4 2022 release Intacct [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/11/mp_13894_0_0jpg.jpg)
This webinar gives you an overview of the 2022 R4 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
![Mary Foelster on audit quality [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/11/mp_13891_0_0jpg.jpg)
Get the latest tips about undergoing or performing a single audit. The AICPA Governmental Audit Quality Center is here to help with information and free resources. Visit aicpa.org/gaqc#GetSingleAuditReady
![Updates to the CPA Exam [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/11/mp_13870_0_0jpg.jpg)
The AICPA has released its new CPA Exam Blueprint which outlines the format and content of the exam. Following a deep review of the topics covered in 2019, the Final Practice Analysis provides insights into the changes to the current exam. This update is much smaller than the expected impact of CPA Evolution which will overhaul the structure of the exam.https://www.aicpa.org/content/dam/aicpa/becomeacpa/cpaexam/downloadabledocuments/practice-analysis-final-report-2020.pdf
![Order book: Easy explanation. [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/11/mp_13864_0_0jpg.jpg)
In this video, you will learn about order books.#orderbook #financialmarket #wallstreetmojo #continuousbook #electronicrecordChapters:00:00 – Introduction00:31 – What is an order book?01:38 – Advantages of the order book02:42 – Example03:11 – Order book trading strategies04:03 – ConclusionWhat is order book?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.The order book is also known as a continuous book as it keeps getting updated in real time throughout the day.(Explained in detail in the video)Advantages of the order bookTraders can use the order book to know market trends, popular stocks, and market sentiment, which will help them make better decisions.One of the most basic uses of the order book is to identify price levels at maximum buy or sell orders, which gives the support and resistance levels.Another advantage of the order book is that it allows market participants to see who is placing the order and at what price. This makes the entire thing very transparent.(Explained in detail in the video)ExampleNASDAQ has an order book called TotalView that claims to be the most comprehensive book available in the US and worldwide.TotalView also provides historical trading volumes, securities price data, and other tools.Order book trading strategiesIf the order book shows that the stock is in an uptrend or a downtrend, traders can assume that this trend will continue for some time and trade accordingly.The order book can also tell the trader when the market might flip and the trend might bend. That way, traders can exit or take fresh trades in the new trend’s direction.Many market participants prefer technical analysis over fundamental analysis. So they can use the data from order books to find a quantitative edge by building algorithms.This was all about order books. Don’t forget to give the video a like and also subscribe to the channel.==========================================================================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
![All You Need to Know About Reasonable Compensation for S-Corps [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/11/mp_13845_0_0jpg.jpg)
Reasonable compensation has been an issue for S Corps for many years. To date, there have been numerous debates around what is considered reasonable compensation – as the rules on what is considered fair compensation may differ between states and industries. There is no universal calculation to determine the reasonable compensation for shareholder-employees, and understandably, this issue has confused both companies and individual tax filers for a long time.At Fusion CPA we strive to help owners of S corporations follow IRS and GAAP guidelines for determining and reporting wages. Our CPAs offer outsourced accounting services, including bookkeeping, payroll, financial planning, and tax preparation. Get in touch with our team https://calendly.com/video-discovery-calls/zoom-video-discovery-calls?month=2022-11
![Open position: Easy explanation. [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/11/mp_13833_0_0jpg.jpg)
In this video, you will learn what an open position is.#openposition #financialmarkets #wallstreetmojo #long #shortChapters:00:00 – Introduction:00:30 – What is open position?01:52 – Open position in trading02:26 – Open position in forex03:06 – ConclusionWhat is an open position?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.A commonly used similar terminology is open interest, which is used in the futures market. Open interest basically shows how many futures contracts are still open, i.e., haven’t been closed, settled, or exercised yet.Open position in tradingTraders often use the open position stat to know how heavily market participants are shorting a company’s shares.If the number increases or decreases, that gives more insight, and they can trade accordingly.Open position in forexForex trading has an important concept known as the open position ratio, which is the open interest ratio for a specific currency pair to the total number of positions held on all major currency pairs.This was all about an open position. Don’t forget to give this video a like and subscribe to the channel so that you don’t miss out on our content.==========================================================================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
![Overview of Certifications for Accountants [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/11/mp_13818_0_0jpg.jpg)
Here is a list of certifications held by accountants with links to obtain more information:CPA in the U.S. (Certified Public Accountant): https://us.aicpa.org/becomeacpa/gettingstartedACCA (Association of Chartered Certified Accountants): https://www.accaglobal.com/gb/en/qualifications/glance.htmlCMA (Certified Management Accountant): https://www.imanet.org/cma-certification/getting-started?ssopc=1CGMA (Chartered Global Management Accountant): https://us.aicpa.org/membership/cgma-designationCIA (Certified Internal Auditor): https://www.theiia.org/en/certifications/cia/CISA (Certified Information Systems Auditor): https://www.isaca.org/credentialing/cisaCISSP (Certified Information Systems Security Professional): https://www.isc2.org/Certifications/CISSPCFE (Certified Fraud Examiner): https://www.acfe.com/cfe-credential/how-to-earn-your-cfe-credentialCFA (Certified Financial Analyst): https://www.cfainstitute.org/en/programs/cfaCFP (Certified Financial Planner): https://www.cfp.net/get-certified/certification-process— 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
![Material Non Public information: Easy explanation. [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/11/mp_13797_0_0jpg.jpg)
In this video, you will learn everything you need to know about material nonpublic information.#materialnonpublicinformation #insidertrading #wallstreetmojo #insiderinformation #financialmarketsChapters:00:00 – Introduction00:29 – What is material nonpublic information?01:08 – Example01:40 – What does material nonpublic information include?02:54 – Material nonpublic information policy03:40 – ConclusionWhat is material nonpublic information?Material nonpublic information is information related to the company’s internal matters that haven’t been made available to the public yet.Such information can affect the company’s share price and investor’s buying and selling decisions in the financial markets.(Explained in detail in the video)ExampleWe have taken an example in the video, and you should check out the example part to better understand the topic.What does material nonpublic information include?This would be important information if the company discovers anything new, develops patents, or obtains any copyrights.These will be included if the company buys or sells material assets or liabilities or some activities around mergers and acquisitions.If the company is making new investments, has defaulted on loan repayment, or has become insolvent, these would also be included.Material nonpublic information policyCompanies may have certain policies in place to curb such practices. However, it might differ from company to company.The regulators may also have some policies to keep a check on such practices, and the companies must follow these policies, or they will take strict actions.This was all about material nonpublic information. Don’t forget to subscribe to the channel and give the video a like.(Explained in detail in the video)==========================================================================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
![How CIMA® helped my career – Anthony Murphy, CFO at Tandem Bank [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/11/mp_13776_0_0jpg.jpg)
Anthony Murphy, CFO at Tandem Bank, qualified with CIMA® at 26 and got his first CFO role at 29. But he wasn’t always set on a career in finance. Here, he explains why he chose to study the CIMA® Qualification to set him up for a flexible business career, what his job as CFO involves, and how his CIMA® Qualification still helps him perform at a senior level. Anyone can study with CIMA®, whatever your education or background. Find out more about joining us: https://myfuture.cimaglobal.com/
![How CIMA® helped my career – Diane Lorgeré, Senior Finance Business Partner, Network Rail [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/11/mp_13773_0_0jpg.jpg)
When Diane Lorgeré decided to build a career in finance strategy, she chose the CIMA® Qualification to help her do it. Here, she explains how the role of finance business partner is changing; why her job isn’t about collating numbers; and how the CIMA® Qualification has helped her think big, strengthening her knowledge of all areas of business. Anyone can study with CIMA®, whatever your education or background. Find out more about joining us: https://myfuture.cimaglobal.com/