EDNA Vlog

#valuationprofessionals #forensicaccounting #businessvaluation #litigationservices #emergingprofessionals #cfos #controllersJoin us this October for timely updates, cutting-edge information on new technology, and quality networking with other forensic accounting and valuation professionals. The Forensic & Valuation Services Conference from Oct. 28 to 30 isn’t just another conference — it’s a cornerstone event for professionals like you. Here’s why you shouldn’t miss it:Gain back solutions and strategies to tackle market challenges.Explore diverse viewpoints on critical industry issues, including transition planning, technology and recovery efforts.Hear from industry leaders, top thought leaders and practitioners facing the same real-world challenges as you.Location: Hyatt Regency Dallas, Dallas, TX, and live onlineRegister by September 13, 2024, and save $150 on your registration fees.https://www.aicpa-cima.com/cpe-learning/conference/aicpa-forensic-valuation-services-conference

#valuationprofessionals #forensicaccounting #businessvaluation #litigationservices #emergingprofessionals #cfos #controllersJoin us this October for timely updates, cutting-edge information on new technology, and quality networking with other forensic accounting and valuation professionals. The Forensic & Valuation Services Conference from Oct. 28 to 30 isn’t just another conference — it’s a cornerstone event for professionals like you. Here’s why you shouldn’t miss it:Gain back solutions and strategies to tackle market challenges.Explore diverse viewpoints on critical industry issues, including transition planning, technology and recovery efforts.Hear from industry leaders, top thought leaders and practitioners facing the same real-world challenges as you.Location: Hyatt Regency Dallas, Dallas, TX, and live onlineRegister by September 13, 2024, and save $150 on your registration fees.https://www.aicpa-cima.com/cpe-learning/conference/aicpa-forensic-valuation-services-conference

Join 10,000+ professionals who enrolled in the Controller Academy 🚀https://controller-academy.com/courses/controller-academy[coupon 30OFFCOURSE for 30% discount]Download the file used in the video:https://thefincontroller.com/p/accounting-adjustments-easy-to-hardPwC’s guide on Revenue from contracts with customers:https://viewpoint.pwc.com/dt/us/en/pwc/accounting_guides/revenue_from_contrac/assets/pwcrevenueguide0324.pdfChapters:00:00 Agenda00:53 #1 Late Invoice for Inventory 02:44 #2 AR Write-off05:09 #3 Deferred Rent07:53 #4 Sales Commission (Incremental Cost)11:46 #5 Buyout of Legacy Vendor Contract What we cover in this video:Accounting Adjustments are made at each month end to ensure compliance with US GAAP or IFRS, depending on the Accounting framework your company chooses to useIn this video, I will walk you through 5 examples of these accounting adjustments. We will go from an easy example such as a Late invoice on inventory purchase all the way to a very difficult example related to costs to acquire a new customer contract We will look at both the Wrong Accounting treatment as well as the correct way to record each transaction———————————–Hang Out with me on social media:📸 https://www.instagram.com/the_financial_controller/📱https://www.tiktok.com/@thefinancialcontrollerhttps://www.linkedin.com/in/bill-hanna-cpa-7653a851/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

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