![Analyze Part 2 of the Balance Sheet | Liabilities and Equity [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/01/mp_8456_0_0jpg.jpg)
As complexity increases in commerce, it’s important to keep a tight understanding of the key elements of the Balance Sheet. In this video, I focus on 4 key questions to ask about Assets in order to determine the strength of the business. I’ll walk you through a company’s balance sheet and I will ask 4 important questions about it’s Liabilities and EquitySo here’s a quick breakdown of what we intend to cover this video:First we’ll talk about the questions that you should be asking Second I’ll tell you what support you’ll need in order for you to answer these questionsThen third I will show you what you need to do in order to validate the supportThen finally I will show you how to draw a conclusion based on this informationMy video “How to Analyze the Balance Sheet like a CFO”:https://youtu.be/DMv9JC_K37Y————————————————————-Connect with me on Patreon (& download all the templates in my videos):https://www.patreon.com/TheFinController————————————————————-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🔥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📈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
![Current Expected Credit Loss Accounting [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/01/mp_8453_0_0jpg.jpg)
The FASB issued an accounting standard update (ASU 2016-13) on current expected credit losses (CECL) on June 16, 2016. Prior to this update, companies reported credit losses only when it was probable a loss had been incurred.This “incurred loss method” became a problem during the 2008 financial crisis. Banks weren’t recognizing losses fast enough, as GAAP didn’t allow them to consider future developments. Thus, in spite of a bleak economic outlook, loan loss reserves weren’t being adjusted to account for the future expected losses.Under the new CECL method, companies must incorporate information from forward-looking forecasts to estimate credit losses over the entire contractual life of the asset. In short, banks and other companies must now forecast future economic conditions and record expected credit losses. We are therefore shifting from an incurred-loss model to an expected-loss model, and this is intended to accelerate the recognition of impairments.Now this accounting rule doesn’t just apply to banks. It applies to companies holding any of the following financial assets: • Trade receivables• Lease receivables from a sales-type or direct-financing lease• Reinsurance receivables• Receivables related to repurchase agreements• Loans held for investment• Held-to-maturity debt securities carried at amortized cost• Some off balance sheet credit exposures like loan commitments and financial guaranteesNote that the CECL rules do NOT apply to:• Loans held for sale• Trading assets• Financial assets for which the company has elected the fair value option• Loans or receivables between entities under common controlSo let’s talk about the journal entry that a company would record. If a company expects to have a future credit loss, it would:• Record credit loss expense • Record a credit loss allowance. The allowance account is a contra asset; you don’t reduce the asset directlyCredit loss expense 500 Allowance for expected credit losses 500If circumstances later change and the company doesn’t believe it will have a credit loss, the company can simply reverse the entry. In any case, the balance sheet shows the net amount the company expects to collect. In rare cases, recognizing zero credit losses might be appropriateSo, how should a company measure the allowance?The FASB didn’t mandate a specific method. Companies could use:• Discounted cash flow methods• Probability-of-default methods• Loss-rate methods• Roll-rate methods• An aging scheduleIt’s up to each company to develop its own estimation model. If a company has financial assets with similar risk characteristics (asset type, term, credit ratings, geography) it can pool those assets and evaluate them on a collective basis, and if the company ultimately finds that a financial asset is uncollectible, it should write the account off:Allowance for expected credit losses 500 Financial asset 500Now if you’re wondering about the international accounting rules:The IASB adopted a similar credit loss model in 2014 (IFRS 9), so companies outside the U.S. also need to estimate future expected credit losses. However, there are differences between the international rules and U.S. rules, so make sure to refer to IFRS 9 if your company follows IFRS— 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—HIRE THE CREATOR OF EDSPIRA: MICHAEL MCLAUGHLIN, PHD, CPA * https://www.edspira.com/contact/— 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/
![What are Unicorn Startups Companies? [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/01/mp_8447_0_0jpg.jpg)
In this video, we discuss unicorn startups, including what they are, how they are valued, and the unique characteristics they possess.What is a Unicorn?Unicorn is a financial term that refers to a privately held startup that is now valued at more than one billion dollars.In which sectors do we generally see Unicorn Startups?- Edtech- Foodtech- Fintech- Artificial Intelligence- Virtual RealityWhat are the Special features of a Unicorn startup?- Use of Advanced Technology- Pioneers or the first innovators in their field.- Consumer-Focused- Adopting a grow fast strategy#unicorn #unicornstartup #wallstreetmojoFollow us at : Youtube ➤ https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUwLinkedin ➤ https://www.linkedin.com/company/wallstreetmojo/Facebook➤ https://www.facebook.com/wallstreetmojoInstagram➤https://www.instagram.com/wallstreetmojoofficial/
![A&A Update with Brad Muniz – 1/25/22 | IssuesWatch Podcast [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/01/mp_8441_0_0jpg.jpg)
The latest 10-minute A&A episode covers a range of updates from GASB, PCAOB, SEC, FASB and the Center for Plain English Accounting. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. *** Additional resources: GASB to consider going concern – https://www.gasb.org/cs/Satellite?c=GASBContent_C&cid=1176179281822&pagename=GASB%2FGASBContent_C%2FGASBNewsPagePCAOB staff guidance on Form AP, Auditor Reporting of Certain Audit Participants, and Related Voluntary Audit Report Disclosure Under AS 3101 – https://pcaobus.org/standards/documents/2021-12-17-form-ap-staff-guidance.pdfJournal of Accountancy article: Audit tips for a pandemic-changed environment – https://www.journalofaccountancy.com/news/2021/dec/pcaob-inspections-audit-firms-focus-2022.htmlFASB proposes to enhance transparency around supplier finance programs – https://www.fasb.org/cs/Satellite?c=FASBContent_C&cid=1176179163445&pagename=FASB%2FFASBContent_C%2FNewsPage #IssuesWatch #podcast #gasb #sec #pcaob #fasb #aicpa #goingconcern #audit #auditing #auditreport #cpa #njcpa ======================================== Watch all IssuesWatch Podcast episodes at https://www.youtube.com/playlist?list=PLJ2syuG5TiiZOFQdURLJUDzGJVz17ZPthSUBSCRIBE FOR MORE CPA VIDEO TIPS AND NEWS – https://www.youtube.com/c/njcpa?sub_confirmation=1LET’S CONNECT:NJCPA http://www.njcpa.orgFACEBOOK https://www.facebook.com/njscpaTWITTER https://twitter.com/njcpaLINKEDIN https://www.linkedin.com/grp/home?gid=165152INSTAGRAM https://www.instagram.com/thenjcpa
![How to Get Cheap Commercial Truck Insurance ★ 2022 [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/01/mp_8438_0_0jpg.jpg)
Discover how to get cheap commercial truck insurance. Here’s the free service we use to get cheaper car insurance (toll free): 1-855-981-7528. It’s a free by phone service that specializes in locating the cheapest car insurance rates. They perform the tedious task of shopping around, and present you with the cheapest auto insurance provider for your location. We call this service every year before our auto insurance expires. It allows us to discover whether there is a cheaper rate than ours, and has saved us lots of money over the years. Here are some of the topics covered in this video: How to get cheaper auto insurance rates online, get discounts and lower your policy cost, ways to lower vehicle insurance premium cost, which are the best car insurance companies and why Geico, National, Progressive, Allstate, Root, State farm, General, or farmers are not always the best bet. Why Dave Ramsey is not always right. Ways to get affordable drivers insurance quotes, how to locate the best cheap automobile insurer for a specific location. For more ways to save on your car insurance rates, see here: https://www.bizmove.com/auto-car-insurance/
![How to Account for Spring Loaded Options [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/01/mp_8423_0_0jpg.jpg)
Spring-loaded options are stock-based compensation granted to executives right before a company announces good news. People have criticized companies for giving spring-loaded options, and here’s why: When a company issues stock options to its executives, the company has to record compensation expense for the fair value of the stock options on the grant date (ASC 718). Thus, if a company grants stock options to its CEO on January 20, and the fair value of those options on January 20 is $10 million, the company would record $10 million of compensation expense.But what if the company knew it was going to report better-than-expected earnings the next day on January 21? Or what if the company knew it was going to announce that it landed a new contract with a large customer? This would be good news, so the stock price is likely to go up. If it does, the value of the options will also go up.On November 29, 2021 the SEC issued Staff Accounting Bulletin 120. This says that companies granting options before announcing material nonpublic information must consider whether the stock price on the grant date needs to be adjusted when valuing the options.Now, to be fair, companies frequently possess material nonpublic information. Thus, SAB 120 focuses on non-routine awards that are intentionally granted prior to announcing good news with the expectation that the stock price will go up. An example of non-routine would be if the company normally awards stock-based compensation every year on January 31 but suddenly awards the options on January 17 right before a press release announcing better-than-expected earnings.Also, if a company does grant spring-loaded options, it not only needs to consider adjusting the fair value of the options on the grant date but should also disclose the characteristics of those spring-loaded options if the characteristics differ from its other stock-based compensation.— 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—HIRE THE CREATOR OF EDSPIRA: MICHAEL MCLAUGHLIN, PHD, CPA * https://www.edspira.com/contact/— 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/
![How to Get Cheap Car Insurance for Young Drivers ★ 2022 [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/01/mp_8417_0_0jpg.jpg)
Discover how to get cheap car insurance for young drivers. Here’s the free service we use to get cheaper car insurance (toll free): 1-855-981-7528. It’s a free by phone service that specializes in locating the cheapest car insurance rates. They perform the tedious task of shopping around, and present you with the cheapest auto insurance provider for your location. We call this service every year before our auto insurance expires. It allows us to discover whether there is a cheaper rate than ours, and has saved us lots of money over the years. Here are some of the topics covered in this video: How to get cheaper auto insurance rates online, get discounts and lower your policy cost, ways to lower vehicle insurance premium cost, which are the best car insurance companies and why Geico, National, Progressive, Allstate, Root, State farm, General, or farmers are not always the best bet. Why Dave Ramsey is not always right. Ways to get affordable drivers insurance quotes, how to locate the best cheap automobile insurer for a specific location. For more ways to save on your car insurance rates, see here: https://www.bizmove.com/auto-car-insurance/
![Complete News Stories Analysis of PIXLWIZZ – CIMA SCS FEB’22 Pre-seen | Strategic Case Study FEB2022 [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/01/mp_8387_0_0jpg.jpg)
Watch the Live Coaching Commencement Session held on the 1st of January 2022) – an Open Invitation to the free session for any Learner via the below link.LINK https://youtu.be/fz3ahbTkosEVISIT our Official CIMA SCS Website for more details on our Coaching Program.LINK https://cimascs.com/Download the CIMA SCS Early Prep Invitation Deck (in the Video with more details). LINK https://bit.ly/3HTRk8mIf you are interested to start your CIMA SCS Feb 2022 Exam Prep with OTQ Essentials Revision, share the below details with us now to azman.branudeen@gmail.com.NameSelected Option (Coach/ Mentor/ Absolute/ Complete)Gmail AddressWhatsApp ContactCountry of Exam DOWNLOAD the PDF of the Pixlwizzs’ SWOT Analysis using the below link.https://drive.google.com/drive/folders/15tKPPmKgIeEEOBQhsV3VQRqKZkSpQF79?usp=sharing Visit my Dedicated YouTube playlist with exclusive content from my Coaching Program catered to the November 2021 & February 2022 Examination Session! There is a ton of content here that can help you and will be the perfect support toolset to use with my Guided Prep Solution.https://youtube.com/playlist?list=PL2zsBoa-zxMhZpEfKlb9JcycdXfNqBWF2 To get 1-1 Career Guidance/ Educational Counselling/ Teacher Coaching and Mentoring Services by me, review the details via the below link and Register NOW!!!https://forms.gle/11ETUQrr5MbP5Bvf8 Sign Up for my Newsletter via the link and the updates on all educational and professional initiatives by AZB Education.https://bit.ly/3trOalt Tune in and subscribe to the channel to stay updated on the content.Link – https://www.youtube.com/c/AzmanBranudeenI am using my YouTube channel as a medium to support students who are scattered around the globe with the genuine hope that it will elevate your standards of personal growth, professional development and education. Check out my Facebook reviews page to see what some of my esteemed and humble learning partners have to say about the process of working with AZB Education at the FB Reviews Link (below).https://www.facebook.com/AzmanBranudeen/reviewsConnect with me on social media, become part of my Patreon Community and learn about me via LinkedIn or even write to me via mail. Blog – https://goodteacherguide.com/ Patreon – https://www.patreon.com/azmanbranudeen LinkedIn – https://www.linkedin.com/in/azmanbranudeen/ Instagram – https://www.instagram.com/azman_branudeen/ Facebook – https://www.facebook.com/AzmanBranudeen/ Email – azman.branudeen@gmail.com–As time permits I do try to upload relevant content for students and their personal development. Write to me and connect with me. AZB is committed to collaborative development efforts for students around the world. Write to me directly for any other inquiries or even to say Hi and ask anything you want. I am a content creator developing content for students and professionals for their personal development and professional growth. My company is AZB Education, which is committed to collaborative development efforts for learners around the world. You can let me know of specifics you want me to touch on, with respect to Personal Development and Professional Growth. Because I am the best in the game, and when I am not, I figure out how to become the best. Just like how life works! Keep Learning and Keep Living!2021 © Azman Branudeen & AZB Education. All Rights Reserved.#CIMA #AzmanBranudeen #StrategicCaseStudy #AdvancedPerformanceManagement #CIMASCSNovember2021 #CIMASCSFebruary2022 #AZB #SCSwithAZB #AZBEducation #PasswithAZB #SCS #BestLecturer #BestStudent #ACMA #CGMA #AICPA #CIMASCSwithAZB #ACCA #PersonalDevelopment #ProfessionalDevelopment #CareerGrowth #Education #SocialInfluencer #Teacher #YouTuber #Mentor #Trainer #Lecturer #StoryTeller #Speaker #ContentCreator #EducationManagement #Educate #Empower #UnleashYourPotential #PersonalGrowth #UnleashYourPotentialwithAZB
![How to Get Cheap Car Insurance ★ 2022 [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/01/mp_8384_0_0jpg.jpg)
Discover how to get cheap car insurance. Here’s the free service we use to get cheaper car insurance (toll free): 1-855-981-7528. It’s a free by phone service that specializes in locating the cheapest car insurance rates. They perform the tedious task of shopping around, and present you with the cheapest auto insurance provider for your location. We call this service every year before our auto insurance expires. It allows us to discover whether there is a cheaper rate than ours, and has saved us lots of money over the years. Here are some of the topics covered in this video: How to get cheaper auto insurance rates online, get discounts and lower your policy cost, ways to lower vehicle insurance premium cost, which are the best car insurance companies and why Geico, National, Progressive, Allstate, Root, State farm, General, or farmers are not always the best bet. Why Dave Ramsey is not always right. Ways to get affordable drivers insurance quotes, how to locate the best cheap automobile insurer for a specific location. For more ways to save on your car insurance rates, see here: https://www.bizmove.com/auto-car-insurance/
![What is Shrinkflation? (Step by Step Tutorial) [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/01/mp_8366_0_0jpg.jpg)
In this video, we explain to you what is Shrinkflation, how it works, its characteristics, advantages, and disadvantages. What is Shrinkflation? It is a scenario where the size of the product shrinks, and the price remains constant. Shrinkflation occurs primarily because the cost of the product has increased in general, and the customer has to pay more to get the product. Shrinkflation is also considered a kind of hidden inflation.Characteristics of Shrinkflation?- Tough to calculate Shrinkflation.- The price level becomes misleading if the goods become smaller. – It reduces the consumer’s trust in the brand. Advantages of Shrinkflation - It helps the producer bear with the competition – It helps to retain the customers. – It protects the customers from inflation. – It maintains the profit levels of the manufacturers – It helps to maintain productivity even if the input costs are increased.Disadvantages of Shrinkflation- It is against the general interest of the customer – It is perceived as an unfair practice. – Shrinkflation gives rise to hidden inflation.- It serves as a decline for famous brands.#shrinkflation #shrinkflationexamples #wallstreetmojo For more details, you can refer to our article –https://www.wallstreetmojo.com/shrinkflation/ Connect with us! YouTube https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUwLinkedIn https://www.linkedin.com/company/wallstreetmojo/mycompany/Facebook https://www.facebook.com/wallstreetmojoInstagram https://www.instagram.com/wallstreetmojoofficial/Twitter https://twitter.com/wallstreetmojo
![How to Get a Quote for Car Insurance ★ 2022 [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/01/mp_8357_0_0jpg.jpg)
Discover how to get a quote for car insurance. Here’s the free service we use to get cheaper car insurance (toll free): 1-855-981-7528. It’s a free by phone service that specializes in locating the cheapest car insurance rates. They perform the tedious task of shopping around, and present you with the cheapest auto insurance provider for your location. We call this service every year before our auto insurance expires. It allows us to discover whether there is a cheaper rate than ours, and has saved us lots of money over the years. Here are some of the topics covered in this video: How to get cheaper auto insurance rates online, get discounts and lower your policy cost, ways to lower vehicle insurance premium cost, which are the best car insurance companies and why Geico, National, Progressive, Allstate, Root, State farm, General, or farmers are not always the best bet. Why Dave Ramsey is not always right. Ways to get affordable drivers insurance quotes, how to locate the best cheap automobile insurer for a specific location. For more ways to save on your car insurance rates, see here: https://www.bizmove.com/auto-car-insurance/
![How to Buy Car Insurance Online ★ 2022 [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2022/01/mp_8324_0_0jpg.jpg)
Discover how to buy car insurance online. Here’s the free service we use to get cheaper car insurance (toll free): 1-855-981-7528. It’s a free by phone service that specializes in locating the cheapest car insurance rates. They perform the tedious task of shopping around, and present you with the cheapest auto insurance provider for your location. We call this service every year before our auto insurance expires. It allows us to discover whether there is a cheaper rate than ours, and has saved us lots of money over the years. Here are some of the topics covered in this video: How to get cheaper auto insurance rates online, get discounts and lower your policy cost, ways to lower vehicle insurance premium cost, which are the best car insurance companies and why Geico, National, Progressive, Allstate, Root, State farm, General, or farmers are not always the best bet. Why Dave Ramsey is not always right. Ways to get affordable drivers insurance quotes, how to locate the best cheap automobile insurer for a specific location. For more ways to save on your car insurance rates, see here: https://www.bizmove.com/auto-car-insurance/