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Resources for Accountants

What is a Whistle Blower? [Video]

What is a Whistle Blower?

In this video, we’ll explain what is a Whistleblower and about the Whistleblowing policy, its benefits, the process involved in whistleblowing, and much more.

What is a Whistleblower?
A whistleblower is an individual or a group of individuals working within an organization who expose certain illegal activities like corruption, fraud, scams happening within an organization.

What is a Whistleblowing Policy?
A whistleblowing policy is a set of rules or guidelines given to stakeholders (like employees, vendors, contractors) of an organization that gives them the authority to raise their voice against any unethical practices like fraud, scam, corruption, etc., happening within the organization.

What activities are considered illegal under the whistleblowing policy?
– Corruption
– Fraud
– Account forgery
– Inside trading
– Any kind of harassment and discrimination.
– Sharing inside information to an outsider… and so on.

What are the two types of Whistleblowing?
– Internal whistleblowing- Where a whistleblower reports any suspicious activity within an organization to organizational heads like HR head, CEO, etc.
– External whistleblowing- Where a whistleblower reports any suspicious activity in an organization to outside agencies such as media, courts, etc.

Further, we discuss the advantages and disadvantages of the whistleblowing policy, certain barriers that prevent whistleblowing policy, and finally, conclude with a classic example of whistleblowing.

So, make sure you watch the video till the very end!

For more details, refer to our article at https://www.wallstreetmojo.com/whistleblower-policy/

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Categories
Resources for Accountants

Overview of ASC 805 [Video]

Accounting for business combinations under ASC 805 can be quite complex! Do you know the difference between a business combination and an asset acquisition under U.S. GAAP? The answer to this question is important because the accounting is totally different! No worries. We have you covered in this CPE-eligible, eLearning course (1.5 CPE)! In this online course we begin with the definition of a business and whether a transaction falls within the scope of ASC 805. We then provide you with an overview of the 4-step acquisition method set out in ASC 805, including whether assets and liabilities acquired should be recognized apart from goodwill and, if so, how they should be measured. If you’re new to the accounting for business combinations under U.S. GAAP, this course is a great place to start! Take the course: https://www.gaapdynamics.com/product/business-combinations-overview-of-asc-805/ Buy all three courses and save! https://www.gaapdynamics.com/product/asc-805-business-combinations/ Learn more about GAAP Dynamics: https://www.gaapdynamics.com/ Check out our other online courses on the GAAP Dynamics Learning Library: https://www.gaapdynamics.com/individual-learning/ Subscribe to GAAP Dynamics to see more videos like these!

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Resources for Accountants

How to Improve Your Verbal Communication Skills | Top 10 Verbal Communication Tips for Managers [Video]

Discover how to Improve Your Verbal Communication Skills. Effective verbal communication is an essential skill for managers, as it can greatly influence the success of their teams and organizations. By mastering the art of clear and concise verbal communication, managers can foster better relationships, boost productivity, and inspire their employees. To help you enhance your verbal communication skills as a manager, here are ten valuable tips, along with examples, to guide you in your journey.

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Resources for Accountants

Application of ASC 805 [Video]

This is the introductory video for the third course of the three-part Business Combinations eLearning series. Now that you are familiar with the basic accounting rules and certain ASC 805 advanced issues, this course will apply that knowledge by walking through an example acquisition and requiring you to identify the proper accounting treatment. Take the course: https://www.gaapdynamics.com/product/business-combinations-application-of-asc-805/ Buy all three courses and save! https://www.gaapdynamics.com/product/asc-805-business-combinations/ Learn more about GAAP Dynamics: https://www.gaapdynamics.com/ Check out our other online courses on the GAAP Dynamics Learning Library: https://www.gaapdynamics.com/individual-learning/ Subscribe to GAAP Dynamics to see more videos like these!

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Resources for Accountants

Advanced Issues and Disclosures [Video]

This is the introductory video to our self-study eLearning course "Business Combinations: Advanced Issues and Disclosures." Check it out here: https://www.gaapdynamics.com/product/business-combinations-advanced-issues-and-disclosures/ This is the second course of the three-part Business Combinations eLearning series. Now that you are familiar with the basic accounting rules, this course dives deeper into more advanced business combination issues such as exceptions to general guidelines, noncontrolling interests, and measurement period adjustments. Learn more about GAAP Dynamics: https://www.gaapdynamics.com/ Check out our other online courses on the GAAP Dynamics Learning Library: https://www.gaapdynamics.com/individual-learning/ Subscribe to GAAP Dynamics to see more videos like these!