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Accounting teams are becoming more involved in the processes around business development. The analytic and strategic knowledge gained through the CPA credential and the CGMA designation has given them a greater presence. When leadership desires a particular outcome, accountants can provide the data and vision to achieve that goal. The accounting profession’s wholistic approach considers not just the financial and business results, but also how decisions impact consumers and investors. #Accounting #Finance #Business #CPA #CGMA #CFO

Accountants serve as defenders of an organization’s reputation by creating the proper processes and controls for accurate disclosures and accounting, such as balance statements, income sheets or cash flows. #Accounting #Finance #Business #CPA #CGMA #CFO

As Tom Hood, CPA/CITP, CGMA, the executive vice president of business engagement and growth at the Association of International Certified Professional Accountants, has written, “Accounting is the lingua franca of business, and accounting and finance teams are the experts and interpreters of that language. This is why we see finance taking a seat at the strategy table as all business decision-making involves the need for accurate financial accounting information.” #Accounting #Finance #Business #CPA #CGMA #CFO

What is inflation -Part 2 Chapters: 00:00 – Introduction 00:29 – What causes inflation? 00:32 – What is Monetary Policy? 01:00 – What is Fiscal Policy? 01:54 – Types of Inflation. 01:58 – What is Cost-Push Inflation? 02:14 – What is Demand-Pull Inflation? 02:24 – What is Built-In Inflation? 02:50 – Conclusion In this video tutorial, we will discuss what is inflation, what is Monetary Policy, and what is Fiscal Policy. Types of Inflation, Cost Push Inflation, Demand Pull Inflation, Built-In Inflation, etc. Causes of inflation and its types What causes inflation? The monetary policy. This means that if, for some reason, there is excess money in the economic circulation, it will cause inflation. If there is more money in circulation, it means everybody is buying more goods and services. The demand of goods increases more than its production rate, thereby causing inflation. Fiscal policy. The fiscal policy generally tells us about the spending and borrowings of a government. You should be aware that currency fluctuations can lead to inflation. So, if our country's currency begins to fall, imports and exports of goods will become more expensive. So, producers and sellers will increase their product prices to compensate for the high imports and exports, leading to inflation. Types of inflation exists in an economy. 1. Cost-push inflation So the first type of inflation is the cost-push inflation, which occurs when the cost of production of goods increases. 2. Demand-pull inflation Demand-pull inflation occurs when the demand of certain goods increases at a faster rate than their production. 3. Built-in inflation here the economy is already in inflation, and people start to fear that it will remain so for a long time. And so they start to demand higher salaries to cope up with inflation because of which companies and governments have to further increase their costs of goods and services. And eventually, the inflation piles on and on. And that’s it for today. Don’t forget to subscribe to our channel and vote thumbs-up to our videos. And for more such explainers. Stay tuned to WallStreetMojo. #typesofinflation #causesofinflation #wallstreetmojo #costpushinflation#demandpullinflation #builtininflation #monetorypolicy #fiscalpolicy ========================================================================== 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

The International Integrated Reporting Council (IIRC) defines integrated reporting as, "a process founded on integrated thinking that results in a periodic integrated report by an organization about value creation over time.” Integrated thinking is when a company considers the relationship between its business model and the different types of resources it uses to create value in the short, medium, and long term. Accounting financial statements provide a limited view of the company’s health and value creation process. Integrated reporting shows not just the profit but the impact on stakeholders and the environment. Accounting financial statements tell you about value created in the past, but integrated reporting tells you how value will be created in the future. Download International Framework: https://www.integratedreporting.org/resource/international-ir-framework/ Download Eskom's Integrated Report: https://www.eskom.co.za/wp-content/uploads/2021/08/2021IntegratedReport.pdf 0:00 Background 0:48 What is integrated reporting? 2:47 The integrated reporting framework 3:13 What are the 6 capitals? 4:44 How is an integrated report different from corporate social responsibility reports? 5:23 Is the integrated report a standalone report? 5:58 Benefits of integrated reporting 6:40 Costs of integrated reporting 6:56 Who issues integrated reports? 7:55 The future of integrated reports — 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 talk about stories from my past where I was confused by Accounting concepts. ——————————- 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