OL Accounting Chapter 22: Introduction to Accounting Principles
Audit Reports [Video]
Audit ReportsIntroduction 00:001:03 What is Auditor’s Report Contents of the Auditor’s Report 6:08Types of auditor’s opinion 32:36
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And their role in producing quality audits.What do accounting employees think about their employers? Does job satisfaction relate to the quality of the accounting firm’s audits? What about work-life balance? These are some of the questions that not only have implications for regulators and accounting firms, but also for investors, who rely on audited financial statements for decision making. However, these questions have remained largely unanswered due to a lack of data…until now. In this webinar, presented by Joshua Khavis, assistant professor of accounting and law, you will learn how accounting employees perceive many different aspects of their workplace, which of those aspects best explain employee satisfaction, and how employee satisfaction and work-life balance are linked with the quality of audits performed by accounting firms. #Accounting #Auditing #Satisfaction
December 16, 2021 NCUA Board MeetingBoard Agenda1. Share Insurance Fund 2022 Normal Operating Level2. Final Rule, Parts 702 and 703, Complex Credit Union Leverage Ratio3. Final Rule, Part 703, Mortgage Servicing Assets4. NCUA’s 2022-2023 Budget5. Final Rule, Parts 702 and 741, Subordinated Debt
Preparing for your audit can be a significant undertaking, especially if it’s your first. During this webinar, our nonprofit audit and accounting professionals will share insights from their own experiences, including document management, planning tips, and what information your auditor might request. Upon completion of this program, participants will be able to:* Recognize what an audit is and why their organization has one* Evaluate what auditors look for when they audit an organization’s records* Identify best practices that can help an organization prepare for its audit Find us online! Twitter: https://bit.ly/2QY6rTV LinkedIn: https://bit.ly/2DwGGYp Instagram: http://bit.ly/31QoS1z Facebook: https://bit.ly/2Igq2e3 Glassdoor: https://bit.ly/2QVdzR0
A company’s book value (common equity) is the accounting value of the firm (i.e., net assets). This is theoretically the amount that common shareholders would receive if all the assets were sold for their book values and the companys debts were paid. Some intangible assets, however, would have no value if the firm were to be liquidated (e.g., goodwill). For this reason, some investors prefer to use the tangible book value per share instead of book value per share. The tangible book value per share focuses on hard assets and excludes intangibles like goodwill. A company’s tangible book value is equal to its common equity minus its intangible assets. The tangible book value is then divided by the number of common shares outstanding to obtain the tangible book value per share. Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspiras 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 MICHAEL MCLAUGHLIN, PHD, CPA * https://michaelmclaughlin.com/hire-me 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 is a Commercial Bank? A commercial bank is a profit-seeking financial institution that accepts deposits from customers for a lower interest rate. It uses that money to provide business loans at a higher interest rate. Commercial banks also offer merchant services, treasury services, mortgages, credit, and debit card services. ( wall street mojo and Invest ) Advantages of a commercial bank – They provide timely financial assistance. – The loans are provided with many simple formalities. – Less chance of fraudulent activity. – Safety for money and valuables. Disadvantages of a commercial bank – Higher costs charged for nearly every service – Funds are only available for a significantly less amount of time. – Higher rate of interest – Complex terms and conditions For more details on this topic, refer to our article at: https://www.wallstreetmojo.com/commercial-bank/ Follow us at: Youtube https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw Linkedin https://www.linkedin.com/company/wallstreetmojo/ Facebook https://www.facebook.com/wallstreetmojo Instagramhttps://www.instagram.com/wallstreetmojoofficial/
Book value per share is total common equity divided by the # of common shares outstanding, where total common equity is equal to stockholders’ equity minus preferred equity. The book value (common equity) is the accounting value of the firm (i.e., net assets). This is theoretically the amount that common shareholders would receive if all the assets were sold for their book values and the companys debts were paid. It is also known as the equity value per share Book value per share is sometimes used to determine if a stock is undervalued. If a company’s market value is less than its book value, then value investors would say to buy the stock. Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspiras 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 MICHAEL MCLAUGHLIN, PHD, CPA * https://michaelmclaughlin.com/hire-me 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/
WorldCom Controller didn’t stand up to his CFO when asked to book a transaction he disagreed with. In Contrast, Swisher’s Controller stood up to what’s right and got fired for it. He is my hero for standing up to the truth. I’ve always been curious about human behavior/psychology and how it impacts our vulnerability to committing acts of fraud and deception. In this video, I breakdown the events that lead to the collapse of WorldCom compared to Swisher. Interview with David Myers video (credit for clips used in this video):https://www.youtube.com/watch?v=hXSWAK0K5L4&t=383sArticle about Swisher’s Fraud Case:https://www.sec.gov/litigation/litreleases/2019/lr24396.htm—————————————————————————–Connect with me on Patreon:https://www.patreon.com/TheFinController🔥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
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