Discover how to improve public relations skills; tools of public relations 101; Go to https://www.bizmove.com to get a free business plan template, plus dozens of tools for managing and starting a business, featuring dozens of templates, books, worksheets, tools, software, checklists, videos, manuals, and spreadsheets. All completely free, no strings attached. Also see here how I managed to save hundreds on car insurance (my dirty little trick): https://www.bizmove.com/auto-car-insurance.
AICPA Town Hall Series – October 6 Edition
If you own any property, accounting for it under IFRS will depend on your purpose for owning it! This eLearning course will explore the basic accounting requirements of IAS 40, which governs investment property. Appropriately identifying investment property and understanding the models used to value the property are especially important when accounting for investment property under IAS 40.Take our self-study eLearning course here: https://revolution.gaapdynamics.com/learn/course/314/investment-property-overview-of-ias-40Learn more about GAAP Dynamics: https://www.gaapdynamics.com/Check out our other online courses on the Revolution: https://revolution.gaapdynamics.com/learn/catalogSubscribe to GAAP Dynamics to see more videos like this!
In this video, you will learn about contrarian investing and its characteristics.#contrarianinvesting #stockmarket #wallstreetmojo #investing #financialmarketsChapters:00:00 – Introduction00:29 – What is contrarian investing?01:56 – Contrarian investing characteristics02:51 – Contrarian investing example03:45 – Top contrarian investors04:50 – ConclusionWhat is contrarian investing?Contrarian investing is a strategy that investors use in which they don’t follow an existing trend in which others are jumping out of FOMO or just following the herd. (Explained in detail in the video)This strategy isn’t for everyone. It takes years of experience and practice to perfect it. It is quite risky and is also not a short-term thing. These investors do it for the long-term, and they act only after heavily researching and analyzing the price and the overall market conditions.(Explained in detail in the video)Contrarian investing characteristicsThe entire strategy or the approach of contrarian investing can be summed in these 5 points:PatienceAttentivenessIndependent decisionsIntensive market researchLong-term perspective(Explained in detail in the video)Contrarian investing exampleIn April 2022, AT&T announced the merger of WarnerMedia Business with Discovery. As a result, the stock price of WMB fell, but contrarian investors accumulated the stock hoping to get good EPS in 2023.(Explained in detail in the video)Top contrarian investorsWarren Buffet, George Soros, and Peter Lynch are all examples of successful investors that were contrarians and made tons of money.This was all about contrarian investing. If you like our video then please subscribe to the channel and also give the video a like.==========================================================================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
The search process for the right CPA firm demands comprehensive research and your undivided attention. Details matter. But that doesn’t mean it needs to be an arduous affair. Here are five essentials that will ease the search process. Read the full article on how to select the best CPA firm for your small business here: https://www.aicpa.org/professional-insights/article/five-ways-small-businesses-can-choose-the-right-accounting-firm1) Start soon after you form your business.The best time to hire a CPA firm is before you’ve offered your first product or service. Yes, you need to think about it at the beginning of your journey to create a new organization.2) Look for a regulatory expert.No matter the industry, small businesses have regulatory and compliance concerns to address. Your CPA firm must have a deep knowledge of meeting these concerns to handle all your business activity correctly.3) Find a firm that stays on top of tax law changes.We only have to look back to 2018, when sweeping federal tax code changes took effect under the Tax Cuts and Jobs Act (TCJA). In 2022, digital services such as PayPal, Venmo and Zelle will, for the first time, report payments of more than $600 to the IRS.4) Leverage CPAs for their industry knowledge and ability to move your business forward.The right firm will understand your enterprise on a deep level, whether you manufacture machine parts or employ new cloud software products. A CPA firm well versed in your industry allows you to benefit from the intimate knowledge they have — and will continue to glean from other clientele in your line of business.5) Get clear and responsive communication.While accounting demands a laser focus on numbers and laws, communication and responsiveness provide the glue that holds everything together. CPAs will take the time to understand you, your business and your goals.
In this video, you will learn about confirmation bias and how to avoid falling for it.#confirmationbias #decisionmaking #wallstreetmojo #trading #investingChapters:00:00 – Introduction00:25 – What is confirmation bias01:31 – Real-life scenarios03:54 – How to avoid falling for confirmation bias?05:04 – ConclusionWhat is confirmation bias?Confirmation bias is a cognitive function of our brain that makes us favor our already existing beliefs and biases over any new piece of information that refutes our bias.The concept of bias is widely studied in psychology and could be both good and bad. It all depends on the context and the situation.(Explained in detail in the video)Real-life scenarios?Confirmation bias isn’t just a concept in psychology but is also observed in behavioral finance.In the video, we have discussed a couple of scenarios where investors may fall for confirmation bias and how it may cost them.How to avoid falling for confirmation bias?To avoid falling for confirmation bias, you should be flexible with your decision-making approach and consider information that refutes your bias. Don’t just shun them away just because it says something that goes against you.So please do your research, make sure it’s deep research that considers everything, and be flexible and open to new pieces of information. That’s how you avoid falling for confirmation bias.(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
There are 6 Nerve wracking tasks in my role as a controller.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=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
Companies can reduce their days sales in inventory (aka days to sell inventory, which is calculated from inventory turnover) with better marketing, better procurement practices, better inventory management, and better information.Reducing the number of days it takes to sell inventory (increasing inventory turnover) will reduce the company’s cash conversion cycle (aka the cash-to-cash cycle) and free up cash. 0:00 Introduction0:14 Better marketing2:48 Better procurement4:36 Better inventory management9:22 Better information— 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 a concept known as cognitive dissonance.#cognitivedissonance #decisionmaking #wallstreetmojo #financialmarkets #investingChapters:00:00 – Introduction00:34 – What is cognitive dissonance?01:26 – Application in Finance04:39 – ConclusionWhat 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.This may be because they may have two or more beliefs in their minds that are conflicting with each other, and that’s what’s stopping them.(Explained in detail in the video)Application in FinanceCognitive dissonance is not just a psychological concept but is also a concept in behavioral finance.In the video, we discussed three scenarios where investors or traders may fall for cognitive dissonance, hindering their optimal decision-making process.(Explained in detail in the video)This was all about cognitive dissonance. Subscribe to the channel if you haven’t already, and don’t forget to like 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
Discover How to Be an Effective Leader. Go to https://www.bizmove.com to get a free business plan template, plus dozens of tools for managing and starting a business, featuring dozens of templates, books, worksheets, tools, software, checklists, videos, manuals, and spreadsheets. All completely free, no strings attached. Also see here how I managed to save hundreds on car insurance (my dirty little trick): https://www.bizmove.com/auto-car-insurance.
When Rebecca Self decided to get her CGMA designation, her focus was on pursuing more leadership opportunities. But getting qualified encouraged to change her career priorities and focus on her passion: sustainable finance. Here, she explains how her CGMA helped her become HSBC's first CFO of Sustainable Finance; why the CGMA designation is so powerful; and why finance professionals have a huge role to play when it comes to building sustainable businesses. Anyone can study with CIMA®, whatever your education or background. Find out more about joining us: https://myfuture.cimaglobal.com
When Rebecca Self decided to get her CGMA designation, her focus was on pursuing more leadership opportunities. But getting qualified encouraged to change her career priorities and focus on her passion: sustainable finance. Here, she explains how her CGMA helped her become HSBC's first CFO of Sustainable Finance; why the CGMA designation is so powerful; and why finance professionals have a huge role to play when it comes to building sustainable businesses. Anyone can study with CIMA®, whatever your education or background. Find out more about joining us: https://myfuture.cimaglobal.com