EDNA Vlog

While not always in the spotlight, it is important to understand the ways in which an entity supports and finances its operations. In this CPE-eligible, eLearning course (0.2 CPE), you learn about the definition of debt and equity instruments, as well as the role these instruments play with respect to financing. We also discuss the common types and characteristics of such instruments. We hope you join us as we explore the wonders of instruments within scope of ASC 470 Debt and ASC 505 Equity! This is the first course in our 4-part classification as debt or equity training series. Take our self-study eLearning course here: https://revolution.gaapdynamics.com/learn/course/internal/view/elearning/224/issuance-of-debt-and-equity-securities-introduction-to-debt-and-equity-issuances Learn more about GAAP Dynamics: https://www.gaapdynamics.com/ Check out our other online courses on the Revolution: https://revolution.gaapdynamics.com/learn/catalog Subscribe to GAAP Dynamics to see more videos like this!

Financial statements are prepared for users who rely on the information to understand an entity’s financial position, financial performance, and cash flows to make their business decisions. IFRS Financial Statements: Overview of IAS 1 is the Standard that governs the presentation of general purpose financial statements. In this course, you will learn about the financial presentation requirements, including the various types of financial statements, their structure, and general features used as a basis for their preparation. Take our self-study eLearning course here: https://revolution.gaapdynamics.com/learn/course/internal/view/elearning/270/ifrs-financial-statements-overview-of-ias-1 Learn more about GAAP Dynamics: https://www.gaapdynamics.com/ Check out our other online courses on the Revolution: https://revolution.gaapdynamics.com/learn/catalog Subscribe to GAAP Dynamics to see more videos like this!

Fair value measurement is used all over the financial statements and yet, it is one of the most complex and judgmental areas of accounting! In this online training course, we will explore key accounting concepts of fair value measurement under IFRS 13, including various methodology approaches, and required disclosures. Take our self-study eLearning course here: https://revolution.gaapdynamics.com/learn/course/internal/view/elearning/259/fair-value-overview-of-ifrs-13 Learn more about GAAP Dynamics: https://www.gaapdynamics.com/ Check out our other online courses on the Revolution: https://revolution.gaapdynamics.com/learn/catalog Subscribe to GAAP Dynamics to see more videos like this!

IFRS 9 Financial Instruments is a robust standard that brings together guidance on the accounting for financial instruments. While there is a lot of accounting guidance covered in IFRS 9, don’t be overwhelmed! In this CPE-eligible, eLearning course, you are provided with an overview of all the pieces of accounting for financial instruments, including classification and measurement of financial instruments, impairment of financial instruments, hedge accounting, and derecognition accounting for financial assets and liabilities. Take our self-study eLearning course here: https://revolution.gaapdynamics.com/learn/course/internal/view/elearning/277/financial-instruments-overview-of-ifrs-9 Learn more about GAAP Dynamics: https://www.gaapdynamics.com/ Check out our other online courses on the Revolution: https://revolution.gaapdynamics.com/learn/catalog Subscribe to GAAP Dynamics to see more videos like this!

Setting Goals and Achieving Them. Smart Goal Setting. Importance of Setting Goals and Objectives. 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.

In this video we will walk through the Statement of Comprehensive Income for several companies. First, we will look at a company that manufactures consumer packaged goods: Proctor and Gamble. Then, we will compare the Statements of Comprehensive Income for Walmart, Apple, and Berkshire Hathaway. 0:00 Proctor & Gamble's Statement of Comprehensive Income 0:42 First adjustment 1:27 Second adjustment 1:47 Third adjustment 2:41 Subtracting comprehensive income attributable to noncontrolling interest 3:09 Walmart's Statement of Comprehensive Income 3:26 Apple's Statement of Comprehensive Income 3:36 Berkshire Hathaway's Statement of Comprehensive Income — 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 accessible to all people. — 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 * http://eepurl.com/dIaa5z — 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/

In this video I show you the 2 best ways to ALWAYS remember your Debit & Credits, including how to do so using the Accounting Equation. 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

This is a video on “how cryptocurrency works & why was there a need for it”. #Cyrpto #needforcryptocurrency #wallstreetmojo #cryptocurrency #miners Chapters: 00:00 – Introduction 00:12 – How a Standards Payment transaction takes place? 00:57 – Issues with the standard payment system? 01:20 – Why cryptocurrency is needed? 01:42 – What happens in a Crypto transaction? 02:15 – What is the function of miners in a crypto transaction? 02:30 – How a crypto transaction takes place? 02:50 – What are the benefits or security aspects of crypto transactions? 03:16 – Conclusion In this video tutorial, we will discuss the standard payment system & its flaws, how cryptocurrency works, why was there a need for it, the steps in a crypto transaction, the work of miners, etc. Please see the video for complete detail on the topic. For understanding how cryptocurrency works & why was there a need for it we need to understand the standard payments systems in simple language. It’s a three-step process. The shops have payment accepting machines that send data to intermediaries. Intermediary checks with your card bank which verifies your data & deducts money from your account, and the transaction goes ahead. Bank updates your new account records. The data travels the same way back. (Explained in detail in the video) But there are problems with the bank-controlled payment system: 1. High transaction fee 2. Transaction limits 3. Technical issues etc. Having a system which has no bank or central authority will resolve these issues. But, can we cannot trust a single authority or a person to keep records of your transactions and not alter them and cheat you in any way? However, we can trust the entire network of people. This is what happens in a CRYPTO transaction. The whole system is decentralized. This means a copy of a transaction gets distributed as a digital ledger where transactions are recorded to owners of many computers across the world with the same cryptocurrency as you. The transaction gets verified by “miners” (we will cover this in our coming videos). So, when you buy something using a cryptocurrency, this is what happens. 1. You give your crypto details to the shopkeeper. 2. The shopkeeper asks every person on the network if you have the money. 3. The network checks all your records. 4. If you have the money, they tell the shopkeeper, update your records, and the transaction is complete. And if they did, their copy would not match the copies distributed across the entire network, and they would be caught red-handed. You also get rid of any transaction limit and many more benefits (taken up in the video). This is broadly how the world of cryptocurrency works. We will cover all the sub-parts of crypto in detail in our coming videos, so stay tuned. And don’t forget to subscribe and hit that thumbs-up button. And like and share our video, this keeps us motivated to provide better videos to you. ========================================================================== 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

#REITs #realestateinvestmenttrust #wallstreetmojo In this Part 2 of REIT or real estate investment trusts video we will cover Some examples of REIT, how to invest in REITs, its advantages and disadvantages! Chapters: 00:00 – Introduction 00:30 – What is REIT or real estate investment trusts? 00:37 – How do REITs work? 01:09 – Some Examples of REITs? 01:53 – How to invest or buy REITs? 02:35 – What are the advantages of REITs? 03:17 – What are the disadvantages of REITs? 03:53 – Conclusion Recap of part 1: In part 1, we discussed what is REIT or real estate investment trusts, it's working, the guidelines followed by companies to stay as REITs, it's Types (i.e., Equity REITs, Mortgage REITs or mREITs, Hybrid REITs, Public non listed REITs, Private REITs), etc. Real estate investment trusts are companies that manage and operate real estate properties that generate income. Investors can utilize these trusts to invest in real estate properties and gain profit in the form of dividends Lets continue with this video. Example of a REIT REITs own over $3 trillion in gross assets of more than 500,000 properties across the US. Here are a few examples of REITs: 1. Simon Property Group (retail: SPG) 2. Crown Castle International Corp. (telecommunications: CCI) 3. Prologis (industrial: PLD) 4. Invesco Mortgage Capital Inc (mortgage: IVR) (refer the video for details on this) A person can invest in REITs in a variety of ways. They can buy shares listed on major stock exchanges, just like Peloton or Tesla. They can purchase shares in a REIT mutual fund or exchange-traded fund (ETF). A broker or financial planner can also help them analyze various REITs that suit their investment objectives. Advantages of reits: – high dividends from rental income as well as potential long-term capital appreciation. – REIT stock returns are similar to value stocks and produce greater returns than lower-risk bonds in long term. – useful for retirees – perform in an inverse relationship to other equities and fixed-income investments. Disadvantages of REITs: 1. REITs pay at least 90% of their income, they don't have much money to put back into the asset. 2. REIT dividends are taxed at a rate of 35% or more, which is higher than the current rate. This brings us to the end of the video. Watch the full video for details on all the information shared here. Do like, share, comment and follow us for more such informative videos! ========================================================================== 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

Discover How to Be Effective Manager. How to Be Efficient and Get Things Done. 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.

#REITs #realestateinvestmenttrust #wallstreetmojo In this Part 1 of REIT or real estate investment trusts video, we will cover introduction to REITs, it's working and types! Chapters: 00:00 – Introduction 00:30 – What is REIT or real estate investment trusts? 01:22 – How do REITs work? 01:58 – What are the major guidelines companies have to comply to stay as REIT? 02:51 – What are the types of REITs? 02:54 – What are Equity REITs? 03:10 – What are Mortgage REITs or mREITs? 03:22 – What are Hybrid REITs? 03:30 – What are Public non listed REITs? 03:36 – What are Private REITs? 03:44 – Conclusion In this video tutorial, we will discuss what is REIT or real estate investment trusts, its working, guidelines followed by companies to stay as REIT, its Types (i.e., Equity REITs, Mortgage REITs or mREITs, Hybrid REITs, Public non listed REITs, Private REITs), etc. Real estate investment trusts are companies that manage and operate real estate properties that generate income. Real estate investment trusts pool money from investors and uses it to invest in income-generating assets like office spaces, warehouses, apartments, etc. Typically, REITs are public companies and allow consumers to trade shares in real estate on major stock exchanges. REITs let investors put money into real estate without having to make a big upfront investment and run the property. Companies with REIT status pay zero corporate tax. In order to qualify as a REIT, a company must operate under and maintain the following principles on a yearly basis: • invest 75% of total assets in real estate • minimum of 75% of its gross income from rental income, mortgage interest income, or real estate dispositions. • minimum 90% of its taxable income must be annual shareholder dividends • taxed as a corporation • must have a board of directors or trustees • have a minimum of 100 shareholders • 5 or fewer individuals/entities can own no more than 50%. There are five types of REITs: Equity REITs, Mortgage REITs (or mREITs), Hybrid REITs, Public Non-listed REITs, Private REITs. Watch the full video for detailed information on these and more. In part 2 we will cover example of REITs, how to invest in REITs, its advantages and disadvantages! ========================================================================== 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

This confused me as a young accountant. Why do bank debits really mean credit on our books..it's simpler than you think. #shorts Interview & Career Playlist: https://www.youtube.com/watch?v=91hNhiNTx1c&list=PLKzobJwkGwKH4svuk7c6GvSLGAMxnzINj ——————————- Get 30% off my Online Course on “Learn how to design and build KPIs and Financial Metrics for 2 example businesses” https://thefincontroller.com/p/learn-financial-metrics-kpis?coupon_code=LEARNKPIS30 🔥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