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Revenue Recognition ASC 606 Explained via Example [Video]

Revenue Recognition ASC 606 Explained via Example

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Videos mentioned here:
1) Various ways to analyze financial statements
https://youtu.be/2iG_BIlB0Lo?si=ImmVFDr6c34YfHnz

2) How to develop month-end close checklist
https://youtu.be/m_SfIf8PKpg?si=EsQC4O0oQitCh-YR

Chapters:
00:00 Intro
01:04 The Accounting Error
01:21 The Wrong Approach
03:44 The Correct Approach
08:39 Recap

What we cover in this video:
The example we are showing today involves an accounting error in revenue recognition. We will look at how a bad/clueless accountant deals with the situation and then we will see how a good accountant managed the same issue….

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Resources for Accountants

Technical Analysis FREE COURSE for Beginners (Step by Step) [Video]

In this video, an expert technical analyst explains the key aspects of technical analysis that every beginner must know before entering the world of trading. First, the video discusses the philosophy of technical analysis and then moves on to explain crucial concepts, such as charts, trends, support and resistance levels, and technical indicators. Before wrapping up, the video also teaches you how to implement an effective trading strategy. Timestamps 0:0:01-0:1:13 Introduction 0:1:13-0:06:06 Philosophy of Technical Analysis 0:06:06-0:12:06 Charts 0:12:06-0:17:47 Trends & Trendlines 0:17:47-0:22:53 Support & Resistance 0:22:53-0:30:41 Chart Patterns 0:30:410-39:25 Technical Indicators: Moving Average and RSI 0:39:25-0:42:43 Technical Indicators: MACD 0:42:43-0:49:09 Trading Strategy Learn more about Technical Analysis with our Pro Course: https://www.wallstreetmojo.com/technical-analysis/advanced-technical-analysis-certification-course-bundle/?utm_source=YouTube&utm_medium=Social&utm_campaign=Description

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Resources for Accountants

Investing vs Trading - Which is Better? (Top Differences) [Video]

In this video tutorial, we will talk about the top key differences between investing and trading.What is Trading?Trading is aimed at earning quick profits by holding on to stocks for a short period of time (such as weekly, monthly, daily).What is Investing? Investing involves a gradual building of wealth and assets by buying and holding on to a portfolio of stocks for a time period that may sometimes reach even 10 to 15 yrs.Some other key factors that differentiate between investing and trading are:- Method/approach involved.- Time factor.- Risk factor.#investingvstrading #wallstreetmojo #tradingvsinvestingFollow 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/

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Resources for Accountants

All about Stock halt- Easy Explaination- Part 1 [Video]

In this video, you will learn about stock halt, its rules, and how it is triggered.#stockhalt #stockmarket #wallstreetmojo #stockexchange #regulatorChapters:00:00 – Introduction00:35 – What is the stock halt?01:29 – Rules02:17 – Triggers of stock halt02:48 – ConclusionWhat is the stock halt?A stock halt is a scenario where the exchange halts trading in a particular stock for some time.It may be done when a regulatory action is imposed, important news is being anticipated, or a particular stock is just being bought or sold excessively.(Explained in detail in the video)RulesWhen a stock is halted for trading, it is coded with an identification number like T1, T2, T5, H10, etc.When the situation arises for halting trading in a particular stock, the exchange announces a halt to all brokers.Triggers of stock haltIf the stock price fluctuates up and down due to high volatility, then the exchange will either halt the trading, or the circuit breakers will be activated.Trading halts have been put into place so that a select group of individuals with significant capital does not manipulate prices to their whims and fancies.This will be all for this video. Subscribe to the channel, like the video, and share it with others.==========================================================================Subscribe to Our Channel –Youtube https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1LinkedIn https://www.linkedin.com/company/wallstreetmojo/Facebook https://www.facebook.com/wallstreetmojoInstagram https://www.instagram.com/wallstreetmojoofficial/Twitter https://twitter.com/wallstreetmojo