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In this video we will take a Trial Balance and turn into a Balance Sheet. Download the Excel file shown in the video: https://thefincontroller.com/p/turn-trial-balance-to-balance-sheet Get 30% discount on the Controller Academy 🚀 : https://thefincontroller.com/p/controller-academy?coupon_code=30OFFCOURSE&product_id=4244216 (link includes discount, but the promo code is ‘30offcourse’) Join me on Patreon and ask me your questions: https://www.patreon.com/TheFinController —————————— 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 #dotcom #bubbleburst #wallstreetmojo What was "DOTCOM BUBBLE"? | MUST WATCH | WALLSTREETMOJO In the ‘90s, the internet started becoming accessible to the world, and there was a lot of buzz around it everywhere. By the mid ‘90s, many internet companies came up, and things looked pretty good. But then something happened in 2001 that all these companies, whose futures were looking bright, had their share prices crash by almost 80%. This short is about the US Dotcom bubble! To know more about it, check out our youtube video. https://studio.youtube.com/video/83r20GsKrsI/edit?c=UChlNXSK2tC9SJ2Fhhb2kOUw https://studio.youtube.com/video/O4CiUr655i8/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

#shorts #dotcom #bubbleburst #wallstreetmojo What was "DOTCOM BUBBLE"? | MUST WATCH | WALLSTREETMOJO The US Dotcom bubble burst of year 2000 was so brutal that the Nasdaq Composite Index went from $5100 to $1100, wiping out all the gains it had made over the years. This short is an introduction to this Dotcom bubble! To know more about it, check out our youtube video. https://studio.youtube.com/video/83r20GsKrsI/edit?c=UChlNXSK2tC9SJ2Fhhb2kOUw https://studio.youtube.com/video/O4CiUr655i8/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

In this video, you will learn what bull and bear markets are and the difference between the two. #bullmarket #bearmarket #wallstreetmojo #economy #macrocycle Chapters: 00:00 – Introduction 00:28 – What is bull market? 01:24 – What is bear market? 02:17 – Difference between bull and bear market 04:56 – Conclusion What is bull market? When the prices of financial assets keep increasing continuously, the market is said to be bullish. A bull market indicates an optimistic sentiment among investors, increasing demand for financial assets. Even though bull markets give investors great opportunities to make money, it’s not that the prices will always keep going up. What is bear market? A bear market is when the prices of financial assets keep falling continuously. Such a market condition indicates pessimistic sentiment and panic among traders and investors. Also, it’s not that bearish markets do not give investors a chance to make money. Traders and investors can make a lot of money by shorting the market, while some see bearish markets as buying opportunities as prices are quite low. Difference between bull and bear market Concerning the state of the economy, the GDP expects to grow in a bull market as there’s high demand and sales are high. But, on the other hand, in a bear market, sales and the overall economy are down. Hence, the GDP falls. Also, during bullish conditions, expansionary policies are rolled out, so it makes sense for banks to reduce interest rates that encourage people to take loans and use the money. But, in a bearish market, interest rates are increased to make people use their money only wherever necessary. In bullish conditions, all securities don’t equally do good. So only the securities with high risks give good returns, for example, stocks. But if you notice, low-risk securities like gold, fixed deposits, and bonds make much more sense in bearish conditions. (Explained in detail in the video) This is all about bull and bear markets. Subscribe to the channel and give this video a like. ========================================================================== 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

Companies can unlock a lot of value by reducing their days sales outstanding. A lower days sales outstanding: –Frees up cash –Reduces financing costs by shortening the cash conversion cycle –Results in a higher collection rate Accounts receivable can be viewed as cash that is trapped on a company’s balance sheet. By reducing days sales outstanding, a company can free up that cash. The cash can then be used to: –Finance growth –Pay off debt –Invest in securities and earn a return –Make a distribution to shareholders –Improve liquidity for market shocks Remember, allowing a customer an additional day to pay their bill is no different than giving the customer an interest-free loan. 0:00 Introduction 0:17 Frees up cash 1:02 Shorter cash conversion cycle 2:29 Higher collection rate — 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

Mike and Chris are so close, they’re practically brothers. Well, step brothers at least. That makes them perfect to start a podcast together! In the Inaugural episode of GAAP CHATS, the *Dynamics* duo make their introductions, and lay the foundation of what you can expect from this podcast.

In this video, you will learn about bull markets. #bullmarket #bullishmarket #wallstreetmojo #financialmarkets #buylowsellhigh Chapters: 00:00 – Introduction 00:38 – What does a bull market mean? 01:55 – Bull market indicator 03:04 – How to profit from bull markets? 04:05 – Conclusion What does a bull market mean? A bull market is when the prices of financial assets keep rising for a prolonged period. Compared to a bear market, which represents panic and pessimism, a bull market reflects positive market sentiment and tells us that investors are confident in the financial markets. If you’ve seen a bull attack, you’ll see that it usually lifts its horns. That’s why a market is said to be a bullish market when the prices keep going up. (Explained in detail in the video) Bull market indicator Some investors and traders look out for certain indicators to identify whether a market is bullish or not. One simplest indicator of a bull market is a 20% up move from recent lows. Another thing that market participants look for is a steady rise in broad market indexes and stable volatility indexes. Bond yields are important for investors and traders to identify overall market trends. How to profit from bull markets? It would help if you made sensible investing decisions based on extensive market research and due diligence rather than following the herd. It is impossible to time the markets with utmost accuracy, so you need to be rational with your investing decisions and have a plan. You must make sensible investment decisions based on extensive market research and due diligence rather than following the herd. It is impossible to time the markets with utmost accuracy, so you need to be rational with your investing decisions and have a plan. (Explained in detail in the video) This was all about bull markets. Subscribe to the channel and give this video a like. ========================================================================== 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 this video, you will learn about blue chip stocks. #bluechipstocks #largecapstocks #wallstreetmojo #stockmarket #investing Chapters: 00:00 – Introduction 00:37 – What are blue chip stocks? 01:17 – Characteristics 02:54 – Investing in blue chip stocks 03:50 – Conclusion What are blue chip stocks? Blue chip stocks are publicly listed securities of leading companies with the largest market capitalization. These are quality stocks that are worth a lot and are usually added to top market indexes like the S&P500, NASDAQ, DJIA, etc. Characteristics Large-cap stocks Low risk Stable growth Long-term perspective Dividend payout (Explained in detail in the video) Investing in blue chip stocks Blue chip stocks show stability during inflation, recession, depression, and other economic downturns. But, returns are in no way guaranteed to investors. These stocks are relatively less risky than other mid-cap, low-cap, or penny stocks and have decent balance sheets, cash flow, business models, and growth rates. This makes it attractive for long-term investors with a relatively low-risk appetite. (Explained in detail in the video) This is all about blue chip stocks. Subscribe to the channel and give this video a like. ========================================================================== 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

Our training engages your people and guides them through complex accounting and auditing rules – saving you time, money, and mistakes! Training shouldn't be a "tick the box" exercise, but rather an opportunity to empower you to make the right decisions at the right time. As former Big 4 auditors, we are experts in U.S. GAAP and IFRS. And we're also professional educators, experienced in instructional design. But it's the energy and passion that we bring to your training which keeps participants engaged. And, if they're engaged, they're learning! Start learning today: https://revolution.gaapdynamics.com

In this video, you will learn about the black Tuesday event that led to the great depression in the financial markets. #blacktuesday #blackmonday #wallstreetmojo #greatdepression #stockmarketcrash Chapters: 00:00 – Introduction 00:44 – What is black Tuesday? 01:31 – Causes of black Tuesday 02:49 – Effects of black Tuesday 04:27 – Conclusion What is black Tuesday? October 29th, 1929, is often referred to as Black Tuesday. This is because it was the day when the Dow Jones Industrial Average fell almost 12% in a single day. This sudden crash further affected the markets as by mid-November, the DJIA lost 50% of its value, and by the summer of 1932, the index was trading at around 90% below the peak. Causes of black Tuesday From 1921, the DJIA started the post-war advancement at $63.9, and till black Monday and Tuesday, the index rose almost 400%. In mid-1929, the Fed warned that too much speculation was happening in the financial markets, resulting in a minor crash as investors began selling. Investors realized that the bull run was coming to an end, and they started selling. The selling intensified, causing a snowball effect that resulted in a full-blown market crash. (Explained in detail in the video) Effects of Black Tuesday The Black Tuesday crash became a bad omen for the financial markets as it resulted in a massive crash and restricted economic activities. It is said that the Black Tuesday led to the great depression, which was the worst period in the history of the financial markets. Over the years, the unemployment rate increased from 3% to 25%, and the output of the US decreased by 30%. The great depression went on for 10 long years, and it wasn’t until November 1954 that the markets reached the pre-crash heights. (Explained in detail in the video) This was all about the Black Tuesday event. Don’t forget to subscribe to the channel and like the video. ========================================================================== 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 this video I’m going to show you how to calculate the internal rate of return for a project in Excel. So I’ve got 6 projects here. For each project, there’s a single cash outflow at the beginning of the project (year 0). This is followed by a series of cash inflows. Now to calculate the IRR of a project, just type =IRR and highlight the series of cash flows. Excel gives you the option to guess the IRR; if you don’t enter anything, it guesses 0.1 (or 10%) until it finds the rate that makes the project’s NPV equal to zero. Now you can see that the IRR for project 1 is 6.73%. This is the time-adjusted, annual rate of return for that project. Dragging the fill handle to the right shows you the IRR for each of the other projects. Now if the company’s hurdle rate was 20%, you would only accept projects 5 and 6. — 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

In this video, you will learn about black swan events. #blackswanevent #nassimtaleb #wallstreetmojo #fooledbyrandomness #finance Chapters: 00:00 – Introduction 00:50 – What is black swan event? 01:51 – Features of black swan events 02:41 – Examples 03:11 – Risk management strategies 04:33 – Conclusion What is black swan event? A black swan event is an unpredictable incident that occurs as a shock and can have positive or negative consequences. The term was coined by Nassim Nicholas Taleb, a professor at New York University, also an ex Wallstreet trader in his books, Fooled by Randomness and The Black Swan. (Explained in detail in the video) Features of black swan events In his books, Nassim Taleb has laid down some attributes of such black swan events, and the most obvious one is that such events are rare and unpredictable, and no one imagined it could happen. It is considered that such events usually are catastrophic. It has a high economic impact that must be handled with great caution. But this requires a certain level of skill. Examples The pandemic that we all had to fight through was surely a black swan event. Who would’ve really thought that the world would get shut for a year or two just because of a virus that spread from bats? Even the 2008 financial crisis was a black swan event. Risk management strategies If you are a trader or an investor, you should already know that risk management is absolutely necessary, or else you will lose money in the long run. You can use two strategies to manage risk during black swan events: barbell strategy and portfolio diversification. (Explained in detail in the video) This was all about black swan event. Subscribe to the channel and give this video a like. ========================================================================== 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