How to be a successful Bookrunner [Video]
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How to be a successful Bookrunner [Video]

In this video, you’ll learn about bookrunners and their role in carrying out IPOs and debt issuances.#bookrunner #ipo #wallstreetmojo #underwriter #investmentbankChapters:00:00 – Introduction00:37 – Who is a bookrunner?01:34 – What does a bookrunner do?02:42 – Example04:13 – ConclusionWho is a bookrunner?Companies deciding to go for an IPO or issue debt would appoint an investment bank to act as underwriters or bookrunners.It may happen that an underwriter delegates some of its work to other investment banks if the workload is too much or if the latter has more experience and expertise in the work.In such cases, the former becomes the principal underwriter or the bookrunner and would be responsible for ensuring that the entire process happens properly and smoothly.What does a bookrunner do?The primary function of a bookrunner is to carry out their role as underwriters and see to it that everything happens properly. If there are multiple underwriters, the bookrunner’s role is to coordinate with everyone and maintain coherence and efficiency.A bookrunner is also responsible for maintaining the books of the companies or investors. They must ensure everything is in place and up to the code. This is a responsible task as any false information could lead to legal issues.Finally, the bookrunner’s role is to represent the syndicate of investors or borrowers that are the bookrunner’s clients. So they have to represent them, put the client’s interests over their interests, and ensure they protect their clients from as much risk as possible.ExampleA company going for an IPO would appoint an investment bank. The investment bank would act as an underwriter or as a bookrunner.Their first job is ensuring the company’s books are in order. The SEC would then scrutinize this.The bookrunner’s role is to represent the syndicate of investors or borrowers that are the bookrunner’s clients. So they have to represent them, put the client’s interests over their interests, and ensure they protect their clients from as much risk as possible.(Explained in detail in the video)This was all about bookrunners. We regularly upload such content on finance, so subscribe to the channel. Also, 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

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How to Make a Pivot Table in Excel with Examples [Video]
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How to Make a Pivot Table in Excel with Examples [Video]

This video shows how to create and use pivot tables in Excel using a dataset for a fictional retailer. The dataset, which consists of 10,000 transactions, contains data for 3 different customer types. The video shows how to create pivot tables to quickly answer questions about each customer type, such as the gross profit for each customer type. — 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

How (and why)I Perform Bank Reconciliation (As a CPA) [Video]
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How (and why)I Perform Bank Reconciliation (As a CPA) [Video]

Rather than manually entering journal entries, you 100x better off uploading the JE via Excel to the Accounting software. I show you how, watch the full video. 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

How to Improve Your Problem Solving Skills | Tips to Solve Problems for Business Managers [Video]
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How to Improve Your Problem Solving Skills | Tips to Solve Problems for Business Managers [Video]

Discover How to Improve Your Problem Solving Skills. 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.

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BOOKIE- Responsibilities of bookies. Is it legal?: Easy explanation. [Video]
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BOOKIE- Responsibilities of bookies. Is it legal?: Easy explanation. [Video]

In the second video of the 2 part video series on bookies, you will learn about the responsibilities of bookies and whether they are legal or not.Chapters:00:00 – Introduction00:24 – Responsibilities of a bookie01:45 – Examples02:18 – Are bookies illegal?Responsibilities of a bookieBookies have to determine the events’ true odds and make sure that bettors get to see these odds.Bookies must collect bet money, keep it safe until the match goes on, and settle the amount.They also must constantly update the odds and ensure everything is working fine.(Explained in detail in the video)Finally, bookies must look out for any malpractices by bettors and keep underage gamblers away from their platform.(Explained in detail in the video)ExamplesIn the 2020 US Presidential elections, people were betting on who’d be the next US President.Sportsbet, an Australian bookmaker, paid $16.5 million on 100,000 bets on Joe Biden winning the elections.(Explained in detail in the video)Are bookies illegal?The legality of bookies depends on the jurisdiction of the country. If the country has laws that make bookmaking illegal, then bookies cannot operate in those countries.But if bookmaking is not made illegal, then bookies need to have a license for bookmaking to operate.(Explained in detail in the video)This was all about bookies in this 2 part video series. Subscribe to the channel, so you don’t miss out on the content we regularly upload.==========================================================================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

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BOOKIE-Who are they and what they do?: Easy explanation. [Video]
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BOOKIE-Who are they and what they do?: Easy explanation. [Video]

In this video, you’ll learn who a bookie is and what they do.Chapters:00:00 – Introduction00:44 – Who is a bookie?01:44 – How does a bookie work?03:17 – DisclaimerWho is a bookie?If you’re looking to gamble, you’ll give your money and place your bet with a bookie.A bookie could be an individual or even an organization that takes bets. Bookies can also be online or offline, depending on the nature of their business and how they take bets.How does a bookie work?A bookie introduces bettors to the betting markets, and a bookie will be the link between the bettor and the market.People can place bets with the bookie, and the bookie will generally tell them about the odds. Then, once the game is over, people can claim their money from the bookie if their bet was right.Bookies would take a cut from the bet amount, while some bookies design the odds so that they always earn money irrespective of who wins and who loses. This is how they earn.(Explained in detail in the video)DisclaimerThere will always be the risk of you losing your money in betting. So you should know what you are getting into and be prepared to face the consequences if things don’t go according to you.This was about the introduction to bookies. We will upload a part 2 video on this topic soon. So make sure you have subscribed 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

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SAS 148 [Video]
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SAS 148 [Video]

Close Captioning has been auto-generated.SAS 148 (https://www.aicpa.org/resources/download/aicpa-statement-on-auditing-standards-no-148) updates AU-C 935 for recent changes in SASes 142 and 145 which made the appendix out of date. AU-C 935 is used for Compliance Audits and helps auditors understand how to leverage the other AU-C sections when addressing noncompliance in lieu of misstatement. Changes impacting AU-C section 501 is aligned with the effective date of SAS 142. All other amendments in SAS 148 align with the effective date of SAS 145.How often do you reference the appendix in AU-C 935 when performing Single Audits?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/

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Peer review: Improving audit quality, serving the public interest [Video]
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Peer review: Improving audit quality, serving the public interest [Video]

Peer review is employed in science, medicine, engineering, mathematics, and law, just to name a few important fields of work. Why? Because experts in those fields are most capable of making informed judgments about specific applications of their profession.Accounting is another profession in which peer review is used because accountants deal with complex scenarios for clients. The AICPA peer review program relies on highly trained professionals who review one another’s work according to the highest ethical and professional standards to produce a quality service and protect the public interest.Read more in “Peer review: A vital component in audit quality”.https://www.aicpa.org/news/article/peer-review-a-vital-component-in-audit-quality#Accounting #CPA #Audit #AuditQuality #PeerReview

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BOOK BUILDING: Easy explanation. [Video]
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BOOK BUILDING: Easy explanation. [Video]

In this video, you will learn about the book building process and how it works.#bookbuilding #stockmarket #wallstreetmojo #ipo #institutionalinvestorsChapters:00:00 – Introduction00:35 – What is book building, and how does it work?03:31 – Subtypes of book building04:39 – Advantages 05:02 – DisadvantagesWhat is book building, and how does it work?When a company decides to go public, it may not know the fair value of its shares. One of the most efficient ways to determine this is through the book building process.The process of book building involves:Hiring underwritersInvestors biddingShare pricingBidding process transparencyAllotment and settlement(Explained in detail in the video)Subtypes of book buildingThere are two subtypes of book building:Accelerated book buildingThis is a fast-track book building process in which everything is done within a couple of days.Partial book buildingIn this type of book building, the issue is offered only to a select group of investors.(Explained in detail in the video)AdvantagesOne of the biggest advantages of book building is that it is the most efficient way to determine the fair value of shares.Since the share price is determined by analyzing aggregate demand for the shares and not based on any price fixed by the company, it is surely an advantage.DisadvantagesFirstly, it costs the company a lot of money. If the company fixed the share price on its own, then it would cost them way less.Secondly, the time taken to arrive at the cut-off price in the book building process is a lot. If the company chooses to fix the price on its own, then it’ll take a fraction of the time.We regularly come up with such content on the stock markets and finance in general. So subscribe to the channel if you haven’t already.==========================================================================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

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Tax and Data Analytics [Video]
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Tax and Data Analytics [Video]

The rise of data analytics is changing the tax profession in a number of ways. It’s affecting tax compliance, tax planning, tax controversy, and financial reporting. Here are some examples:— Tax compliance: companies are automating the collection of raw, unstructured data and the filing of forms.— Tax planning: companies can use third-party tax software to perform what-if analysis, such as analyzing the tax implications of buying or selling an asset.— Tax controversy: companies can use machine learning models to predict the outcome of a tax court case.— Taxes and financial reporting: companies can monitor tax liability in real-time and use third-party tax software to quickly predict income tax expense.0:00 Introduction0:11 Tax compliance1:15 Tax planning2:09 Tax controversy3:26 Taxes and financial reporting— 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

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