Categories
Resources for Accountants

How to Overcome Public Speaking Anxiety | Fear and the Art of Public Speaking [Video]

Discover How to Overcome Public Speaking Anxiety. 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.

Categories
Resources for Accountants

What hiring managers don’t tell you 🤐 about entry level jobs #Shorts [Video]

Hiring managers create job descriptions hoping they will get about 80% of what they wish in a candidate. Don’t let the lack of experience stop you from applying to jobs if you see that you meet the education and skill requirements. You will get the experience on the job…Even if the entry-level job description states it requires 1-2 years of experience, If you find that you meet most of the other criteria, then go ahead and applyInterview & 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=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

Categories
Resources for Accountants

Substantive Procedures for the Revenue and Collection Cycle [Video]

After the auditor has set the achieved level of control risk and determined the risk of material misstatement, the auditor can adjust detection risk. The auditor can decrease detection risk by increasing the nature, timing, and extent of the substantive procedures to be performed. The purpose of the substantive procedures is to substantiate financial statement accounts and disclosures. The more substantive procedures an auditor performs, the better the auditor’s chances of detecting material misstatements. There are two types of substantive procedures: analytical procedures and tests of details.Analytical procedures substantiate accounts or disclosures by comparing recorded amounts (or ratios derived from recorded amounts) with the auditor’s independent estimates for those amounts. The auditor arrives at independent estimates by examining relationships between accounts (both financial and nonfinancial) to see if they are plausible. As part of this process, the auditor would:• Compare financial information to information from comparable prior periods• Compare financial information to budgeted information• Examine relationships between related accounts during the period• Compare financial information to the industry average• Compare financial information with nonfinancial informationAnalytical procedures are an important part of the audit because they are generally cheaper and less labor-intensive to perform than tests of details.There are two types of tests of details: tests of transactions and tests of account balances. Tests of transactions are designed to detect fraud or errors in individual transactions. An example would be vouching a sample of sales transactions back to the respective sales invoices, shipping documents, and customer orders to verify occurrence. Tests of account balances, on the other hand, verify the ending balances of accounts. An example would be evaluating the adequacy of the allowance for doubtful accounts to determine whether the ending balance for accounts receivable is fairly stated. Confirmation (a tests of account balances) is typically an important part of auditing the revenue and collection cycle. Confirmation refers to a process in which the auditor obtains evidence from direct communication with a third party about a management assertion. With respect to receivables, confirmation involves the auditor asking customers about amounts they purportedly owe to the client. In short, the client is claiming that customers have promised to pay a certain amount of money, and the auditor is trying to ascertain whether this is trueThere are two types of confirmation requests. A positive confirmation asks the customer to respond whether or not the balance is correct. A negative confirmation asks the customer to respond only if the balance is incorrect. 0:00 Introduction0:30 Inverse relationship between RMM and detection risk0:51 Types of substantive procedures0:57 Analytical procedures2:27 Tests of details3:18 The confirmation process3:45 Types of confirmations4:44 Confirmation exceptions5:08 Timing of confirmations5:58 Alternative procedures6:37 When not to confirm7:48 Tolerable misstatement8:10 Examining disclosures— 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/

Categories
Resources for Accountants

We at Simandhar are proud to call ourselves a women driven company [Video]

We have more than 60% female employees who empower our vision of transforming all accounting aspirants into skilled professionals.Join our team and kickstart your career!You can DM us at simandhar_educationSimandhar Education will help you ace the CPA, CMA, EA, CIA, and IFRS certifications. For any further information regarding the courses, you can feel free to reach out to our expert counselors at 𝟕𝟕𝟖𝟎𝟐𝟕𝟑𝟑𝟖𝟖. Drop your Details: https://bit.ly/3wf2fD4 ——————***—————–***———————***———————***———————–𝗔𝗯𝗼𝘂𝘁 𝗦𝗶𝗺𝗮𝗻𝗱𝗵𝗮𝗿 𝗘𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻Simandhar Education is a leading training provider for US CPA, US CMA, CIA, EA, and IFRS. Simandhar Education always believes in transforming education and providing high standards of learning to the students. We are the channel partner of AICPA and the official partner of Becker Education, the most acclaimed CPA reviewer in the USA. We believe in imparting information and concentrate on grooming individuals and making them fit for the corporate world. The academy provides quality education with more emphasis on practical knowledge. Simandhar Education has a wide network of world-class trainers, teachers, and industry experts, and all the teachers at Simandhar are CPA qualified and rank holders. We also provide guaranteed placement support to the students and personal grooming sessions for the interviews. 𝗦𝗶𝗺𝗮𝗻𝗱𝗵𝗮𝗿 𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁𝘀Simandhar education has over 3000 enrolled students and has successfully placed more than 200 students across reputed firms. We have a team of 10 leading faculties and have effectively conducted 100+ corporate events in the CPA/ CMA domain. Contact Us: +91- 7780273388 or leave a message on social media.Make sure to hit the like, share and subscribe to our YouTube channel.To get more updates on the YouTube Channel click: http://bit.ly/2Mt2BB1Now you can listen to our podcast at https://bit.ly/36PYQPP ——————————- 𝐅𝐨𝐥𝐥𝐨𝐰 𝐮𝐬 ———————————–Make Sure to follow us on our Social Media Channels:Podcast: https://bit.ly/36PYQPPInstagram: https://zcu.io/TNgDLinkedin: https://bit.ly/2Oh9w5dFacebook: https://zcu.io/gDvXTwitter: https://zcu.io/17cSThink CPA / CMA – Think Simandhar#employees #womenemployees #femaleemployees #workplace #workculture

Categories
Resources for Accountants

Passed CPA at age of 21 | Passed CPA during pregnancy | US CPA Exam| US CPA | CPA Course | CPA [Video]

Meet Simandhar’s rockstars Dhruv who cleared US CPA at a young age of 21 and Amulya who cleared US CPA during her pregnancy. Hear them share their inspiring journey along with their secret and preparation strategies on achieving these remarkable feet. For more videos on CPA: https://bit.ly/3lgbkrKSimandhar Education will help you ace the CPA, CMA, EA, CIA, and IFRS certifications. For any further information regarding the courses, you can feel free to reach out to our expert counselors at 𝟕𝟕𝟖𝟎𝟐𝟕𝟑𝟑𝟖𝟖. Drop your Details: https://bit.ly/3wf2fD4 If there are any video suggestions that you would like us to make, please drop them in the comments. LIKE, SHARE, and SUBSCRIBE!——————***—————–***———————***———————***———————–𝗔𝗯𝗼𝘂𝘁 𝗦𝗶𝗺𝗮𝗻𝗱𝗵𝗮𝗿 𝗘𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻Simandhar Education is a leading training provider for US CPA, US CMA, CIA, EA, and IFRS. Simandhar Education always believes in transforming education and providing high standards of learning to the students. We are the channel partner of AICPA and the official partner of Becker Education, the most acclaimed CPA reviewer in the USA. We believe in imparting information and concentrate on grooming individuals and making them fit for the corporate world. The academy provides quality education with more emphasis on practical knowledge. Simandhar Education has a wide network of world-class trainers, teachers, and industry experts, and all the teachers at Simandhar are CPA qualified and rank holders. We also provide guaranteed placement support to the students and personal grooming sessions for the interviews. 𝗦𝗶𝗺𝗮𝗻𝗱𝗵𝗮𝗿 𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁𝘀Simandhar education has over 4000 enrolled students and has successfully placed more than 200 students across reputed firms. We have a team of 10 leading faculties and have effectively conducted 100+ corporate events in the CPA/ CMA domain. Contact Us: +91- 7780273388 or leave a message on social media.Make sure to hit the like, share and subscribe to our YouTube channel.To get more updates on the YouTube Channel click: http://bit.ly/2Mt2BB1Now you can listen to our podcast at https://bit.ly/36PYQPP ——————————- 𝐅𝐨𝐥𝐥𝐨𝐰 𝐮𝐬 ———————————–Make Sure to follow us on our Social Media Channels:Podcast: https://bit.ly/36PYQPPInstagram: https://zcu.io/TNgDLinkedin: https://bit.ly/2Oh9w5dFacebook: https://zcu.io/gDvXTwitter: https://zcu.io/17cSThink CPA – Think Simandhar#CPA #SripalJain #PassedCPAat21 #PassedCPAduringpregnancy #CPAExam #USCPA #CPACourse #CPAWebinar #PassedCPA

Categories
Resources for Accountants

Birthday Wishes from Simandhar Students to Sripal Jain CA, CPA – Co Founder | Simandhar Education [Video]

It is students’ love and gratitude that make a teacher great. Here’s a drop from the ocean of love, respect, and gratitude that Simandhar’s students hold for Sripal Sir.On behalf of the whole Simandhar Fam, we wish Sripal Sir a pleased birthday. Thanks for enlightening so many minds with your exquisite guidance and constant support.Simandhar Education will help you ace the CPA, CMA, EA, CIA, and IFRS certifications. For any further information regarding the courses, you can feel free to reach out to our expert counselors at 𝟕𝟕𝟖𝟎𝟐𝟕𝟑𝟑𝟖𝟖. Drop your Details: https://bit.ly/3wf2fD4 ——————***—————–***———————***———————***———————–𝗔𝗯𝗼𝘂𝘁 𝗦𝗶𝗺𝗮𝗻𝗱𝗵𝗮𝗿 𝗘𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻Simandhar Education is a leading training provider for US CPA, US CMA, CIA, EA, and IFRS. Simandhar Education always believes in transforming education and providing high standards of learning to the students. We are the channel partner of AICPA and the official partner of Becker Education, the most acclaimed CPA reviewer in the USA. We believe in imparting information and concentrate on grooming individuals and making them fit for the corporate world. The academy provides quality education with more emphasis on practical knowledge. Simandhar Education has a wide network of world-class trainers, teachers, and industry experts, and all the teachers at Simandhar are CPA qualified and rank holders. We also provide guaranteed placement support to the students and personal grooming sessions for the interviews. 𝗦𝗶𝗺𝗮𝗻𝗱𝗵𝗮𝗿 𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁𝘀Simandhar education has over 3000 enrolled students and has successfully placed more than 200 students across reputed firms. We have a team of 10 leading faculties and have effectively conducted 100+ corporate events in the CPA/ CMA domain. Contact Us: +91- 7780273388 or leave a message on social media.Make sure to hit the like, share and subscribe to our YouTube channel.To get more updates on the YouTube Channel click: http://bit.ly/2Mt2BB1Now you can listen to our podcast at https://bit.ly/36PYQPP ——————————- 𝐅𝐨𝐥𝐥𝐨𝐰 𝐮𝐬 ———————————–Make Sure to follow us on our Social Media Channels:Podcast: https://bit.ly/36PYQPPInstagram: https://zcu.io/TNgDLinkedin: https://bit.ly/2Oh9w5dFacebook: https://zcu.io/gDvXTwitter: https://zcu.io/17cSThink CPA / CMA – Think Simandhar#sripaljain #birthday #happybirthday #students #simandhareducation

Categories
Resources for Accountants

Simandhar’s Exclusive Surprise Launch is Here [Video]

The wait is finally over! We are proud to announce that Simandhar is all set to launch its Learning Management System.With this, we aim to revolutionalize the traditional form of learning and contribute to the emerging disruption in the education industry.It is the way we continue to strive on our path to make education both transformative and informative.Register now to know more!Register Here: https://bit.ly/3GiSA4NSimandhar Education will help you ace the CPA, CMA, EA, CIA, and IFRS certifications. For any further information regarding the courses, you can feel free to reach out to our expert counselors at 𝟕𝟕𝟖𝟎𝟐𝟕𝟑𝟑𝟖𝟖. Drop your Details: https://bit.ly/3wf2fD4 ——————***—————–***———————***———————***———————–𝗔𝗯𝗼𝘂𝘁 𝗦𝗶𝗺𝗮𝗻𝗱𝗵𝗮𝗿 𝗘𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻Simandhar Education is a leading training provider for US CPA, US CMA, CIA, EA, and IFRS. Simandhar Education always believes in transforming education and providing high standards of learning to the students. We are the channel partner of AICPA and the official partner of Becker Education, the most acclaimed CPA reviewer in the USA. We believe in imparting information and concentrate on grooming individuals and making them fit for the corporate world. The academy provides quality education with more emphasis on practical knowledge. Simandhar Education has a wide network of world-class trainers, teachers, and industry experts, and all the teachers at Simandhar are CPA qualified and rank holders. We also provide guaranteed placement support to the students and personal grooming sessions for the interviews. 𝗦𝗶𝗺𝗮𝗻𝗱𝗵𝗮𝗿 𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁𝘀Simandhar education has over 3000 enrolled students and has successfully placed more than 200 students across reputed firms. We have a team of 10 leading faculties and have effectively conducted 100+ corporate events in the CPA/ CMA domain. Contact Us: +91- 7780273388 or leave a message on social media.Make sure to hit the like, share and subscribe to our YouTube channel.To get more updates on the YouTube Channel click: http://bit.ly/2Mt2BB1Now you can listen to our podcast at https://bit.ly/36PYQPP ——————————- 𝐅𝐨𝐥𝐥𝐨𝐰 𝐮𝐬 ———————————–Make Sure to follow us on our Social Media Channels:Podcast: https://bit.ly/36PYQPPInstagram: https://zcu.io/TNgDLinkedin: https://bit.ly/2Oh9w5dFacebook: https://zcu.io/gDvXTwitter: https://zcu.io/17cSThink CPA / CMA – Think Simandhar#ThinkCPAThinkSimandhar #new #surprisereveal #service #support #success #students #education

Categories
Resources for Accountants

How to Motivate Your Employees to Work Harder In the Workplace | Good Boss Vs. Bad Boss [Video]

Discover How to Motivate Your Employees to Work Harder In the Workplace. 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.

Categories
Resources for Accountants

Sage Intacct 2022 R2 Changes Overview [Video]

This webinar gives you an overview of the 2022 R2 Updates in Sage Intacct. Guided by a qualified Sage consultant, this webinar will take you through the changes step by step, using the same interactive Sage Intacct dashboards that you use in your company today. The goal is to ensure you and your teams have the information to maximize the system features and get the clearest view of the financials across your business/es. Sage Intacct is an industry leading native cloud financial management tool with the flexibility to handle how you run your construction and/or real estate business. Gain visibility and control with the only accounting software endorsed by the AICPA.ETHOSystems is a multi-award-winning provider of integrated construction and real estate business software and support. With over 35 years hands-on industry experience, we utilize the Sage software and complimentary products to bring real time solutions to long term challenges. When it comes to accounting, project management estimating, CRM, HR and payroll, ETHOSystems is dedicated to recommending, designing, implementing and supporting software solutions tailored to the specific needs of the construction and real estate industries. Website – http://ethosystems.comLinkedin – http://www.linkedin.com/company/ethosystemsFacebook – https://www.facebook.com/ETHOSystemsIncTwitter – https://twitter.com/ethosystems

Categories
Resources for Accountants

How to Test Internal Controls | Revenue and Collection Cycle [Video]

After the auditor has learned about the design of a company’s internal controls, the auditor needs to test the operating effectiveness of the controls. The auditor must determine whether each internal control:• Is operating as designed• Is being performed by an employee who has both the ability and authorization to perform the controlThere are several ways for an auditor to test internal controls. These include:• Inquiry• Observing the client applying the control• Inspecting the client’s documents• Reperforming the control• Walkthrough (this would include several of the steps listed above)If an internal control is not operating effectively, the risk of material misstatement increases. This means the auditor will need to increase the amount of substantive testing to keep audit risk at an acceptable level.When testing controls, the auditor should perform dual-direction tests (aka dual-purpose procedures). For example, to ensure that the client is checking for a 3-way match of the purchase order, shipping document, and sales invoice, the auditor should both:• Test the existence assertion (did all recorded sales occur?) by vouching a sample of sales invoices to the related shipping documents• Test the completeness assertion (were all shipments billed to clients?) by tracing a sample of shipping documents to the sales invoicesAudit software like IDEA or ACL is very helpful when testing controls. In some cases, the auditor can examine the entire sales journal (as opposed to just taking a sample of transactions) to see if there any sales lacking a 3-way match. The auditor can also use audit software to check the numerical sequence of documents for either (a) missing numbers in the sequence or (b) duplication of numbers in the sequence. The auditor should also observe the client’s personnel checking for issues with the numerical sequence. After the tests of controls have been completed, the auditor should set the achieved level of control risk.• If the achieved level of control risk is lower than the planned level, the amount of substantive procedures for account balances can be reduced. For example, accounts receivable confirmations can be sent prior to the fiscal year-end and the auditor can take a smaller sample size• If the achieved level of control risk is higher than the planned level (e.g., if the auditor found that the client was billing customers when goods hadn’t been shipped or wasn’t observing the proper segregation of duties), the amount of substantive procedures should be increased. For example, the auditor might need to choose a large sample size when confirming accounts receivable0:00 Introduction0:30 Techniques for testing internal controls1:01 Dual-direction tests1:27 Audit software 1:52 Tests of controls for revenue3:17 Tests of controls for receivables4:08 Achieved level of control risk vs. planned level of control risk— 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/

Categories
Resources for Accountants

Audit 8 HIDDEN benefits for ANY financial career [Video]

The impact of working in audit has been tremendous for my financial career. In this video I share with you the 8 hidden benefits to working in audit for 2-5 years as a great set up for your career. ——————————- 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

Categories
Resources for Accountants

Basic EPS – Meaning, Formula, Interpretations, How to Calculate? [Video]

Basic EPS Chapters00:00 Introduction00:56 – What is Basic EPS?02:05 – Basic EPS Formula04:10 – Basic EPS Calculation04:29 – Simple vs Complex Capital Structure06:10 – Basic vs Diluted EPSIn this video, we will talk about the Basic EPS, how it iscalculated and how it is used in financial analysis and valuations.What is Basic EPS? Basic earnings per share is a profitability metric that computes the net incomeof the company for each common stock.Formula for Basic EPS = (Net Income – Preferred Dividends)/Number ofCommon SharesImportance of Basic EPS:1. Measures the profitability2. Easy to maneuver3. Helps figure out the PE ratio of a comparable company4. Higher EPS indicates higher net profit#wallstreetmojo, #basicEPS, #basicearningspershare For more details, you can refer to our article at -https://www.wallstreetmojo.com/basic-eps/Subscribe to Our Channel – Youtube https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1LinkedIn https://www.linkedin.com/company/wallstreetmojo/mycompany/ Facebook https://www.facebook.com/wallstreetmojo Instagram https://www.instagram.com/wallstreetmojoofficial/ Twitter https://twitter.com/wallstreetmojo