![Internal Rate of Return (IRR) | Formula | Calculation with Example [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_379_0_0jpg.jpg)
In this video on internal rate of return (irr), here we learn formula, example of irr along with significance and its drawbacks.๐๐ก๐๐ญ ๐ข๐ฌ ๐๐ง๐ญ๐๐ซ๐ง๐๐ฅ ๐๐๐ญ๐ ๐จ๐ ๐๐๐ญ๐ฎ๐ซ๐ง (๐๐๐)?——————————————————————-Internal return rate is the rate at which the net present value of the project is zero, the rate at which future cash flows are adjusted to calculate the present value.๐๐ง๐ญ๐๐ซ๐ง๐๐ฅ ๐๐๐ญ๐ ๐จ๐ ๐๐๐ญ๐ฎ๐ซ๐ง (๐๐๐) ๐ ๐จ๐ซ๐ฆ๐ฎ๐ฅ๐——————————————————————-NPV= 0= CF0 + CF1/(1+IRR)^1 + CF2/(1+IRR)^2 + ….. CFn/(1+IRR)^n๐๐ญ๐๐ฉ๐ฌ ๐ญ๐จ ๐๐๐ฅ๐๐ฎ๐ฅ๐๐ญ๐ ๐๐๐ ๐ข๐ง ๐๐ฑ๐๐๐ฅ——————————————————#1 – Calculate Cash inflows and outflows in a standard format.#2 – Use the IRR formula in Excel#3 – Compare IRR to Discount Rate๐๐ง๐ญ๐๐ซ๐ง๐๐ฅ ๐๐๐ญ๐ ๐จ๐ ๐๐๐ญ๐ฎ๐ซ๐ง (๐๐๐) ๐๐ข๐ ๐ง๐ข๐๐ข๐๐๐ง๐๐————————————————————————-The IRR of any project shall be estimated taking into account the following three assumptions:1- The investments made are kept until the maturity dates.2 – The intermediate cash flows will reinvest itself in IRR.3 – By nature all cash flows are periodic, or the time gaps between various cash flows are equal.To know more about ๐๐ง๐ญ๐๐ซ๐ง๐๐ฅ ๐๐๐ญ๐ ๐จ๐ ๐๐๐ญ๐ฎ๐ซ๐ง (๐๐๐), you can go to this ๐ฅ๐ข๐ง๐ค ๐ก๐๐ซ๐:- https://www.wallstreetmojo.com/internal-rate-of-return-irr/Subscribe to our channel to get new updated videos. Click the button above to subscribe or click on the link below to subscribe – https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1
![6 Staff Accountants (1-2 Yrs Exp.) Interview Questions That Are Frequently Asked [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_376_0_0jpg.jpg)
Getting your first Accounting job can be hard, but these questions and answers should help you with some basic Accounts Receivable and Accounts Payable interview questions. Staff Accountants Interview Questions: Typically this requires 1-2 years of experience in Accounting. Let me know if you have any questions. Become part of my inner circle & GET FREE DOWNLOADS:https://www.patreon.com/TheFinControllerMy Other Best-Selling Products:Get My โNight Before the Accounting Interview Guideโ including All Levels Q&A:https://thefincontroller.com/p/the-night-before-your-accounting-interview-guide-for-all-levels๐ Get $25 off MY ONLINE COURSE ON FINANCIAL METRICShttps://thefincontroller.com/p/learn-financial-metrics-kpis/?product_id=2659754&coupon_code=SAVE25&preview=logged_outUse Coupon Code: Save25——————————————————————-My Recommended Products (I will only share what I love โค here)โช๏ธ ๐ง Roger CPA Review Course (get 50% off): https://www.uworld.com/productreferral.aspx?ukey=8lzsxx2bT8qzYRxekeTKyWQ3d3dโช๏ธ ๐ Learning//SkillShare (get 2 weeks free): https://www.skillshare.com/r/profile/Bill-Hanna/7521537My Recommended Finance & Accounting Books ๐+๐ง =๐ฅโช๏ธ Auditing: https://amzn.to/361wJhZโช๏ธ Forensic Accounting: https://amzn.to/2G6t9boโช๏ธ Introduction to Finance: https://amzn.to/2ExgUEAโช๏ธ Introduction to Managerial Accounting: https://amzn.to/33SEyE4———————————————————————Hang Out with me on social media:๐ฑhttps://www.tiktok.com/@thefinancialcontroller๐๐ผโโ๏ธhttps://www.facebook.com/groups/780732429036886/?source_id=101273467885666๐ธ https://www.instagram.com/the_financial_controller/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.
![Webinars: These 5 Tips Can Make a World of Difference [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_373_0_0jpg.jpg)
We’ve completed our fair share of webinars over the years here at GAAP Dynamics, and along the way we’ve honed and perfected how to provide our learners with the best possible experience. Today, we’re sharing our 5 best and most practical tips to increase the quality of your webinars, including our top suggestions for equipment and sample scenarios! See the full blog post here: https://www.gaapdynamics.com/insights/blog/2021/03/09/webinars-these-5-tips-can-make-a-world-of-difference!/Want to check out our webinars in action? We’re hosting a periodic webinar series covering accounting, auditing, and practice issues impacting regional accounting firms and independent member firms of global accounting networks. Complete the form on the page linked here so we can email you the details and registration information for each webinar: https://info.gaapdynamics.com/free-webinar-series-for-accounting-firmsContact us about a custom learning solution for your team here: https://www.gaapdynamics.com/contact-usBrowse our catalog of self-study online courses on The Revolution: https://revolution.gaapdynamics.com/catalog
![Leadership Development Explained | Management & Business Concepts [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_370_0_0jpg.jpg)
Discover what is Leadership Development.Get Business Related Freebies: Free books from Amazon, any topic. Business, Fiction and Nonfiction:https://www.bizmove.com/free-books-online/ Video guides to improve your management skills:https://www.bizmove.com/business-management-course/ 300 free business and management guides:https://www.bizmove.com/small-business-encyclopedia/ Free business templates and tools:https://www.bizmove.com/tools/ Free management skills books:https://www.bizmove.com/books/management-skills-books.htm Free downloadable business plan template:https://www.bizmove.com/business-gifts.htm Free starting a business books:https://www.bizmove.com/books/starting-a-business-books.htm A comprehensive resource of free management and business related stuff:https://www.bizmove.com/******************Don’t forget to subscribe so you don’t miss any of our videos, we upload regularly.******************
![Lease Accounting for Lessors | Overview | IFRS 16 [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_367_0_0jpg.jpg)
The lessor must first classify the lease as a finance lease or an operating lease. If itโs a finance lease, the lessor will: โข Record sales revenue and cost of goods sold (if the lessor is a manufacturer or a dealer) on the lease commencement dateโข Remove the asset from its statement of financial positionโข Record a lease receivableโข Record interest revenue throughout the leaseIf itโs an operating lease, the lessor will:โข Keep the asset on its statement of financial positionโข Record depreciation expense for the assetโข Record lease revenue throughout the lease on a straight-line basisโ Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. Edspiraโs mission is to make a high-quality business education accessible to all people.โ SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS* http://eepurl.com/dIaa5zโ 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/ โ CONNECT WITH EDSPIRA* Website: https://www.edspira.com* Blog: https://www.edspira.com/blog/ * Facebook page: https://www.facebook.com/Edspira* Facebook group: https://www.facebook.com/groups/561316587899818//* Reddit: https://www.reddit.com/r/edspira* LinkedIn: https://www.linkedin.com/company/edspiraโ CONNECT WITH MICHAEL* Website: http://www.MichaelMcLaughlin.com* LinkedIn: https://www.linkedin.com/in/prof-michael-mclaughlin * Twitter: https://www.twitter.com/Prof_McLaughlin* Facebook: https://www.facebook.com/prof.michael.mclaughlin* Snapchat: https://www.snapchat.com/add/prof_mclaughlin*Twitch: https://twitch.tv/prof_mclaughlin * Instagram: https://www.instagram.com/prof_mclaughlin*TikTok: https://www.tiktok.com/@prof_mclaughlin
![Top 20 Private Equity Interview Questions and Answers [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_364_0_0jpg.jpg)
In this video on Private Equity Interview Questions and Answers , here we discuss top 20 questions which will help you to prepare the types of Private Equity Interview Questions you can expect to be asked in an interview.๐๐จ๐ฉ ๐๐ซ๐ข๐ฏ๐๐ญ๐ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐๐ง๐ญ๐๐ซ๐ฏ๐ข๐๐ฐ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ ๐๐ง๐ฌ๐ฐ๐๐ซ๐ฌ———————————————————————————————-#1 – Why are you interested in Private Equity? Why our firm?AnswerSo for the first question the answer is you need to give your job (or internships) history and explain why you choose private equity.The second part of this question is all about how much you know about the company and how it aligns your goals and the company’s objectives.#2 – What makes a great private equity associate/ researcher/deal-maker?AnswerPrivate equity firms need three things โTo find new, recurring & better investment opportunities.To make more money &To save more money.#3 – If you can choose two financial statements, what they will be and why?Answer The answer is income statement and balance sheet. If you have the beginning of the year and the ending of the year values for all the items in balance sheet along with income statement, you can make a cash flow statement by yourself.To know more about ๐๐จ๐ฉ ๐๐ ๐๐ซ๐ข๐ฏ๐๐ญ๐ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐๐ง๐ญ๐๐ซ๐ฏ๐ข๐๐ฐ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ ๐๐ง๐ฌ๐ฐ๐๐ซ๐ฌ, you can go to this ๐ฅ๐ข๐ง๐ค ๐ก๐๐ซ๐:- https://www.wallstreetmojo.com/private-equity-interview-questions/Subscribe to our channel to get new updated videos. Click the button above to subscribe or click on the link below to subscribe – https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1
![Citibank $900M Wire Mistake Explained | A Breakdown In Internal Control [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_361_0_0jpg.jpg)
In August of 2020, A Citibank contractor, rather than sending the periodic interest payment of $8M to the lenders, he/she wired $900 million or almost the entire balance of the loan by accident. Citibank then sent a note to the wire recipient , the lenders in this case, saying, oops, sorry about that, please send us the money back. Some of them complied and returned the money.My Best-Selling Products:Get My โNight Before the Accounting Interview Guideโ including All Levels Q&A:https://thefincontroller.com/p/the-night-before-your-accounting-interview-guide-for-all-levels๐ Get $25 off MY ONLINE COURSE ON FINANCIAL METRICShttps://thefincontroller.com/p/learn-financial-metrics-kpis/?product_id=2659754&coupon_code=SAVE25&preview=logged_outUse Coupon Code: Save25——————————————————————-My Recommended Products (I will only share what I love โค here)โช๏ธ ๐ง Roger CPA Review Course (get 50% off): https://www.uworld.com/productreferral.aspx?ukey=8lzsxx2bT8qzYRxekeTKyWQ3d3dโช๏ธ ๐ Learning//SkillShare (get 2 weeks free): https://www.skillshare.com/r/profile/Bill-Hanna/7521537My Recommended Finance & Accounting Books ๐+๐ง =๐ฅโช๏ธ Auditing: https://amzn.to/361wJhZโช๏ธ Forensic Accounting: https://amzn.to/2G6t9boโช๏ธ Introduction to Finance: https://amzn.to/2ExgUEAโช๏ธ Introduction to Managerial Accounting: https://amzn.to/33SEyE4———————————————————————Hang Out with me on social media:๐ฑhttps://www.tiktok.com/@thefinancialcontroller๐๐ผโโ๏ธhttps://www.facebook.com/groups/780732429036886/?source_id=101273467885666๐ธ https://www.instagram.com/the_financial_controller/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.
![Unlocking the Puzzle of Accounting for Foreign Currency [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_358_0_0jpg.jpg)
This is the introductory video to our self-study eLearning course “Unlocking the Puzzle of Accounting for Foreign Currency.” Check it out here: https://revolution.gaapdynamics.com/courses/unlocking-the-puzzle-of-accounting-for-foreign-currency-v2Accounting for foreign currency is foreign to many people. Itโs easy to see why. Itโs confusing! It raises questions such as:-How do you read foreign exchange rates?-Should you divide or multiply the rate by the amount of foreign currency?-Whatโs the difference between the reporting currency, foreign currency, and functional currency?-Where are gains and losses recorded? P&L? OCI?Given the recent volatility in foreign currency markets, there is a renewed focus on the accounting for foreign currency under ASC 830. From foreign currency transactions to translation of financial statements, check out this self-study eLearning module to make sure you’re covered! Read some of our blog posts about Foreign Currency: https://www.gaapdynamics.com/insights/blog/2018/03/20/unlocking-the-puzzle-of-accounting-for-foreign-currency/https://www.gaapdynamics.com/insights/blog/2016/08/02/dive-into-asc-topic-830-(fas-52)-to-better-understand-foreign-currency-translation/Learn more about GAAP Dynamics: https://www.gaapdynamics.com/ Check out our other online courses on the Revolution: https://revolution.gaapdynamics.com/catalog Subscribe to GAAP Dynamics to see more videos like these!
![Learning by Doing Explained | Management & Business Concepts [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_355_0_0jpg.jpg)
Discover what is Learning by Doing.Get Business Related Freebies: Free books from Amazon, any topic. Business, Fiction and Nonfiction:https://www.bizmove.com/free-books-online/ Video guides to improve your management skills:https://www.bizmove.com/business-management-course/ 300 free business and management guides:https://www.bizmove.com/small-business-encyclopedia/ Free business templates and tools:https://www.bizmove.com/tools/ Free management skills books:https://www.bizmove.com/books/management-skills-books.htm Free downloadable business plan template:https://www.bizmove.com/business-gifts.htm Free starting a business books:https://www.bizmove.com/books/starting-a-business-books.htm A comprehensive resource of free management and business related stuff:https://www.bizmove.com/******************Don’t forget to subscribe so you don’t miss any of our videos, we upload regularly.******************
![Audit vs Assurance | Top Differences You Must Know! [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_352_0_0jpg.jpg)
In this video on Audit vs Assurance, here we discuss top differences between Audit vs Assurance along with infographics and comparison table. ๐๐ก๐๐ญ ๐ข๐ฌ ๐๐ฎ๐๐ข๐ญ?—————————–The audit is the evaluation process of the accounting entries present in the company’s financial statement.๐๐ก๐๐ญ ๐ข๐ฌ ๐๐ฌ๐ฌ๐ฎ๐ซ๐๐ง๐๐?————————————Assurance is the process of analyzing and used in the assessment of accounting entries and financial records.๐๐ข๐๐๐๐ซ๐๐ง๐๐ ๐๐๐ญ๐ฐ๐๐๐ง ๐๐ฎ๐๐ข๐ญ ๐ฏ๐ฌ ๐๐ฌ๐ฌ๐ฎ๐ซ๐๐ง๐๐————————————————————————#1 – The audit is conducted through an internal auditor or an external auditor. Whereas, Assurance is conducted by an audit firm.#2 – Audit tells about any misrepresentation that happens in financial records, any misuse of funds, any fraud and any dishonest activity that a company does. Whereas, Assurance specializes in evaluating the improvement of information quality within an organization. #3 – The audit is the first step. Whereas, Assurance if followed by the audit.To know more about the ๐๐ฎ๐๐ข๐ญ ๐ฏ๐ฌ ๐๐ฌ๐ฌ๐ฎ๐ซ๐๐ง๐๐, you can go to this ๐ฅ๐ข๐ง๐ค ๐ก๐๐ซ๐:- https://www.wallstreetmojo.com/audit-vs-assurance/Subscribe to our channel to get new updated videos. Click the button above to subscribe or click on the link below to subscribe – https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1
![CPA Explains Revenue Recognition Under GAAP Rule | With Examples [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_349_0_0jpg.jpg)
Revenue recognition is figuring out when a business has actually earned its revenue. With the keyword being โearnedโ because itโs all about earning the revenue you record when it comes to revenue recognition rules.Knowing when to recognize revenue is one of the reasons why we have Generally Accepted Accounting Principles (GAAP). GAAP has detailed rules for when and how to recognize revenue, and how to report it on your income statements. The most recent of these rules is ASC 606 or Accounting Standard Codification 606.My Best-Selling Products:Get My โNight Before the Accounting Interview Guideโ including All Levels Q&A:https://thefincontroller.com/p/the-night-before-your-accounting-interview-guide-for-all-levels๐ Get $25 off MY ONLINE COURSE ON FINANCIAL METRICShttps://thefincontroller.com/p/learn-financial-metrics-kpis/?product_id=2659754&coupon_code=SAVE25&preview=logged_outUse Coupon Code: Save25——————————————————————-My Recommended Products (I will only share what I love โค here)โช๏ธ ๐ง Roger CPA Review Course (get 50% off): https://www.uworld.com/productreferral.aspx?ukey=8lzsxx2bT8qzYRxekeTKyWQ3d3dโช๏ธ ๐ Learning//SkillShare (get 2 weeks free): https://www.skillshare.com/r/profile/Bill-Hanna/7521537My Recommended Finance & Accounting Books ๐+๐ง =๐ฅโช๏ธ Auditing: https://amzn.to/361wJhZโช๏ธ Forensic Accounting: https://amzn.to/2G6t9boโช๏ธ Introduction to Finance: https://amzn.to/2ExgUEAโช๏ธ Introduction to Managerial Accounting: https://amzn.to/33SEyE4———————————————————————Hang Out with me on social media:๐ฑhttps://www.tiktok.com/@thefinancialcontroller๐๐ผโโ๏ธhttps://www.facebook.com/groups/780732429036886/?source_id=101273467885666๐ธ https://www.instagram.com/the_financial_controller/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.
![Investment Management Industry Fundamentals: Investments [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_346_0_0jpg.jpg)
This is the introductory video to to our self-study eLearning course “Investment Management Industry Fundamentals: Investments.” Check it out here: https://revolution.gaapdynamics.com/courses/investment-management-industry-fundamentals-investments-copyPart of the โInvestment Management Industry Fundamentalsโ learning path, this course presents an overview of typical investments held by entities in the investment management industry. This includes a discussion of the common types and accounting for equity securities, debt securities, and alternative investments. Learn more about GAAP Dynamics: https://www.gaapdynamics.com/ Check out our other online courses on the Revolution: https://revolution.gaapdynamics.com/catalog Subscribe to GAAP Dynamics to see more videos like these!