EDNA Vlog

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

In this video I’m going to discuss the top skills you need for accounting, and then show you some actual job postings that highlight these skills. 0:00 Introduction 0:12 (1) Knowledge of accounting 0:30 (2) Knowledge of technology and accounting software 0:46 (3) Microsoft Office 1:07 (4) Critical thinking skills 1:25 (5) Data analytics and data visualization 1:49 (6) Written and oral communication skills 2:07 (7) Organizational skills 2:21 (8) People skills 2:38 (9) General business knowledge 2:55 (10) Problem-solving 3:13 Example job posting #1 3:34 Example job posting #2 — 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/

This is the Video on “Digital Wallets”. Chapters: 00:00 – Introduction 00:16 – Why digital wallet is needed? 01:07 – What is a digital wallet? 01:40 – How digital wallet transaction happens? 01:55 – Are digital wallets safe? 02:46 –What is tokenization? 02:55 – Example of Digital wallet security. 03:16 – Conclusion In this video tutorial, we will discuss what is a digital wallet & why are they needed, how a digital wallet transaction happens, its security, tokenization, example, etc Digital wallet A digital or an e-wallet like a Paypal or Google Pay is electronic software that stores a user's bank card in one place, allowing the transfer of money or any other transaction without using a physical card or cash. It is a non-physical mode of transaction. For using them, you need to download these digital wallets on your phone from the Google store or any Apple store and transfer your funds from your bank account. Also, you have to register yourself with these digital wallets. Security: Digital wallets have always been a better security option than credit cards because they come with multi-factor identification. E.g. along with the password, another security option like a face scan or fingerprint authentication. So, if someone steals your phone and somehow gets through your initial password, they won’t be able to get any further because your fingerprints or your face scan scanner will be missing. A digital wallet secures all your passwords and card details through a process called encryption which makes it impossible for anyone to steal your data. Mobile wallets depend on tokenization, where your card number is replaced by a randomly generated number called a token. Because of these walls of security, the use of digital wallets is growing by the day, and the number of people using digital wallets is expected to reach 4.4 billion by 2025. #digitalwallets #wallets #wallstreetmojo #Googlepay #Paypal #tokenization ========================================================================== 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

#Demat #Trading #wallstreetmojo #learnstockmarkets #stockmarketbasics #Demataccount #tradingaccount In this Video of “Demat Vs Trading Account” we will cover Demat VS trading account, how they work, how they differ from each other, etc! Chapters: 00:00 – Introduction 00:25 -Introduction to Online Trading process. 00:58 – What is the Demat Account? 01:48 -What is a Trading Account? 02:12 – How do Demat and the trading account work together? 02:54 – Can one open a trading account without a Demat account? 02:17 – Example of Demat account without trading account and vice versa? 03:35 – How to open a Demat and trading account? 04:10 – How to decide brokerage firm for the Demat account? 04:35 – Conclusion In this video tutorial, we will discuss what is is Demat & Trading Account, how Demat and trading account work together, can we open a trading account without a Demat account & vice versa and examples! How to open a Demat and trading account and which brokerage firm, etc. A Demat or a Dematerialized account is like a saving account that holds all your shares and securities in an electronic format. Just as a savings account allows you to keep track of your money deposited in banks a Demat account allows you to digitally store and keep track of your shares and securities that you buy and sell from the stock market. When you open your Demat account, you will be provided with a unique account number, just like when you open your bank accounts. And the best thing about a Demat account is that you can open it without a single penny in your bank account. What is a trading account? A trading account allows you to trade or buy and sell shares, securities or carry out any other transactions in stock markets. It’s a bridge between your bank account and your Demat account, where you transfer your funds from your bank account to a trading account to buy and sell shares stored in your Demat account. Opening a trading account without a Demat account or vice-versa is not mandatory. But opening a Demat account without a trading account is like opening a storage godown without the facility of transportation. You need transportation to carry your goods from godown to the market and vice-versa. Similarly, you need a trading account to move your shares which means buying and selling shares. So, how you can actually open these accounts. Select a broker of your choice. You’ll be provided with an account opening form. Make sure you provide. Then, all your details correctly., let the authorities verify your ID proofs and documents. Finally, once your application is approved, fund your account and start trading or investing. Before choosing a brokerage firm, make sure you have checked all the features, and fees, such as transaction and annual maintenance fees, etc. ========================================================================== 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