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
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
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
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
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
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
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/
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/
AICPA Town Hall _ November 3 Edition
Entities commonly hold investments for which they do not have control, but where they can significantly influence its operations or possess joint control. Identifying when significant influence and joint control are present and how to account for these investees can present challenges as you will learn in this course. Also, IFRS distinguishes between joint ventures and joint operations in instances where joint control is held. In this CPE eligible, eLearning course, you will also learn about how to distinguish between these two types of joint arrangements and the accounting models for each of them.Take our self-study eLearning course here: Coming soonLearn 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!
In this video, you will learn everything you need to know about market orders and limit orders.#marketorder #limitorder #wallstreetmojo #orderexecution #financialmarketsChapters:00:00 – Introduction00:26 – What are market order and limit order?01:15 – Examples02:08 – Key differences03:34 – ConclusionWhat are market order and limit order?Market orders will allow you to buy or sell financial assets in the financial market at the market price that’s being traded at that time.(Explained in detail in the video)On the other hand, limit orders will allow you to buy or sell at a higher or lower price than the current market price.ExamplesWe have taken a couple of examples in the video to explain the concept of market order and limit order in a better way. So check out the examples part in the video.(Explained in detail in the video)Key differencesWhen you place a market order, the buy or sell order will get executed instantly. However, limit orders will be executed only after the price reaches the specified level.(Explained in detail in the video)Market orders may not get your order filled at the best price, but in a limit order, you will get to buy or sell only at the price that you have specified.There may be liquidity issues with limit orders. That’s why you cannot limit orders to buy or sell thinly traded stocks, unlike market orders.Market orders usually have low brokerage fees compared to limit orders.(Explained in detail in the video)You can place stop loss using limit order but can’t do the same with market orders.This was all about market orders and limit orders. Subscribe to the channel and give this 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
Consolidated financial statements are financial statements that present the assets, liabilities, equity, income, expenses, and cash flows of a parent and its subsidiaries as those of a single economic entity. In this CPE eligible, eLearning course, you will learn about the process of consolidation including specific procedures to be performed to properly present parents and subsidiaries as one combined group in accordance with IFRS 10.Take our self-study eLearning course here: Coming soonLearn 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!