![How Companies Manipulate Cash Flow [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_118_0_0jpg.jpg)
While we usually think of companies manipulating earnings, they can also manipulate cash flow. In particular, companies have an incentive to manipulate operating cash flow. Companies achieve this by: (1) shifting cash inflows from the investing or financing section to the operating section of the statement of cash flows (2) shifting cash outflows from the operating section to the investing or financing section of the statement of cash flows (3) boosting operating cash flow with one-time activities Edspira is the creation of Michael McLaughlin, 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 * http://eepurl.com/dIaa5z 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/ 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/edspira 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
![2021 AICPA Spring Council Adapt + Thrive open [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_115_0_0jpg.jpg)
Your ability to adapt has set the stage for thriving in a post-pandemic world. Thats why our theme this year is Adapt + Thrive.
![Edspira Update – Summer 2021 [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_112_0_0jpg.jpg)
— Edspira is the creation of Michael McLaughlin, 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* http://eepurl.com/dIaa5z— 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/ — 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/edspira— 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
![An evening of innovative ideas with Sir Richard Branson [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_109_0_0jpg.jpg)
Join Jill Schlesinger (CBS News US) in a conversation with noteworthy leaders on how they leverage innovation, leadership, and creativity.Exploring new frontiers: An evening of innovative ideas with Sir Richard Branson and Adam Steltzner – June 8th, 6pm EST aicpaengage.com
![FIFO vs. LIFO vs. Weighted Average Cost [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_106_0_0jpg.jpg)
A retailer’s cost of goods sold (and ending balance of inventory) are affected by whether the company uses FIFO, LIFO, or weighted-average cost to value its inventory. In periods of rising prices, LIFO results in the highest cost of goods sold and thus the lowest net income. FIFO would result in the lowest cost of goods sold and highest net income, whereas the weighted-average cost method would result in a cost of goods sold that is in between the figures obtained by using LIFO and FIFO.In periods declining prices, we would see the opposite: LIFO results in the lowest cost of goods sold and highest net income, whereas FIFO results in the highest cost of goods sold and lowest net income.— Edspira is the creation of Michael McLaughlin, 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* http://eepurl.com/dIaa5z— 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/ — 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/edspira— 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
![EDGE Career Development Speaker at ENGAGE 2021 [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_103_0_0jpg.jpg)
Hear insider insights from ENGAGE 2021 speaker, Josh Lance, CPA, CGMA. Catch Josh’s session about the entrepreneurial spirit on July 29.#ENGAGE2021#AICPAEDGE
![Introduction to Leasing [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_100_0_0jpg.jpg)
The most common way businesses acquired equipment and software in 2018 was through leasing, which financed 24% of purchases (2019 Equipment Leasing & Finance Industry Horizon Report). The leasing market is large, with 50 countries responsible for $1.36 trillion in leasing volume in 2019 (White Clarke Group, Global Leasing Report, 2021).So what is a lease? IFRS 16 states that a lease is present if a contract, “conveys the right to control the use of an identified asset for a period of time in exchange for consideration.” Leasing is thus a form of financing.The lessor in a lease agreement is the entity granting the right to use the property.The lessee in a lease agreement is the entity receiving the right to use the property.Thus, if a CPA firm pays a monthly fee to rent the 5th floor of an office building from its owner, the CPA firm is the lessee and the owner of the office building is the lessor.— Edspira is the creation of Michael McLaughlin, 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* http://eepurl.com/dIaa5z— 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/ — 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/edspira— 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
![Join AICPA & CIMA Not-for-Profit Industry Conference | Live Online [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_97_0_0jpg.jpg)
Join us for a 360 degree view of all things not-for-profit accounting at the AICPA & CIMA Not-for-Profit Industry Conference this coming June. Between tax reform, ASU updates, Uniform Guidance and much more, we’ll help you put the pieces together.
![The 3 Types of Lessors [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_94_0_0jpg.jpg)
When it comes to lease agreements, the 3 types of lessors are:(1) banks (2) captive leasing companies(3) independentsMany large banks have subsidiaries that structure leasing arrangements. Banks have an advantage in arranging leases because banks have access to low-cost funds from depositors.Captive leasing companies (often called “captives” for short) are subsidiaries of a manufacturer or a dealer. For example, Boeing has a subsidiary called Boeing Capital that arranges leases for customers who would like to lease aircraft from the parent company. The advantage captives have over banks is that a captive leasing company has access to the customer at the point of sale. If you’re thinking of leasing an airplane from Boeing, for example, the Boeing salesperson can have someone from Boeing Capital arrange the lease for you. Captive leasing companies sometimes offer more favorable lease terms than a bank because they are trying to help the parent company sells its products or services.There are also independent leasing companies that focus entirely on making lease arrangements, but these companies have a declining market share. — Edspira is the creation of Michael McLaughlin, 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* http://eepurl.com/dIaa5z— 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/ — 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/edspira— 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
![AICPA & CIMA Not-For-Profit Solutions [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_91_0_0jpg.jpg)
Visit us at the AICPA® & CIMA® Not-for-Profit Industry Conference to view our selection of products and services.#AICPA #CIMA #Not-For-Profit
![Advantages of leasing [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_88_0_0jpg.jpg)
There are several advantages to leasing for both the lessor and lessee. The advantages of leasing for the lessor are that:(1) you can make money on the interest(2) you can boost sales of your product or service (if you’re a manufacturer of a dealer)(3) the leased asset could end up having a high residual valueThe advantages of leasing for the lessee are that:(1) it optimizes cash flow (you can pay cash over time instead of paying all the cash to acquire the asset upfront)(2) it can be a cheaper source of financing (you might get a lower interest rate than if you had borrowed the money)(3) flexibility (the payment structure, lease term, and other details can be tailored to the lessee’s needs)(4) protection from obsolescence— Edspira is the creation of Michael McLaughlin, 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* http://eepurl.com/dIaa5z— 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/ — 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/edspira— 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
![Jan Taylor-Morris on the CPA Evolution Model Curriculum [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/06/mp_85_0_0jpg.jpg)
AICPA’s Academic-In-Residence, Dr. Jan Taylor-Morris discusses the demands of the CPA profession and how resources such as AICPA/NASBA CPA Evolution Model Curriculum can be a valuable guide for accounting educators as they get their students career-ready and prepare them to become the next generation of CPAs.