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Resources for Accountants

Where to Find Dividends in the Financial Statements [Video]

Where to Find Dividends in the Financial Statements

When a company issues dividends, where will the dividends appear in the company’s financial statements?
-Dividends DECLARED will appear in the statement of stockholders’ equity, because this statement shows changes in stockholders’ equity accounts and dividends declared reduce retained earnings, which is a stockholders’ equity account
-Dividends PAID will appear as a cash outflow in the financing section of the statement of cash flows
-Dividends DECLARED BUT NOT YET PAID will appear as a liability on the balance sheet (“dividends payable”)

Note that dividends issued by a company will never appear in that company’s income statement. This is because dividends issued are not an expense.

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Resources for Accountants

What are individually tailored accounting policies? [Video]

Chris will help you "close the GAAP" on what an "individually tailored accounting policy" actually is and provide some resources to learn more. Check out his quick video explanation here! If you are interested in learning more on this topic, explore our eLearning courses on our GAAP Dynamics Learning Library: SEC Reporting: Non-GAAP Financial Measures: https://www.gaapdynamics.com/product/sec-reporting-non-gaap-financial-measures/ U.S. GAAP eLearning Library (CPE Subscription): https://www.gaapdynamics.com/product/u-s-gaap-elearning-library/

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Resources for Accountants

5 Personal Finance Books That Will Change YOUR Life [Video]

In this video, we discuss the Top 5 Personal Finance Books that you will change YOUR Life. Here are the top 5 Personal Finance Books#1 - Rich dad poor dad - Get this book from https://bit.ly/3IdH1vGThis book covers the following topics- Financial IQ- Basics of Investment. - Difference between working for money and money working for us.- Techniques to invest in real estate. - Starting and owning your own business.- The major difference between assets and liabilities.#2 - The Automatic MillionaireGet this book from https://bit.ly/36AKQ0lThis book covers the following topics- Latte factor- Importance of saving every day - How to pay yourself first- Disciplined investment- Automated payments- Willpower#3 - I will Teach You to be Rich by Ramit SethiGet this book from https://bit.ly/3LTg17aThis book covers the following topics- Step-by-step guide to improve your finances - Six weeks time frame to gain control over money- Retirement funds- Tips to increase your wealth- Cultivate good financial habits#4 - Debt-free by 30Get this book from https://bit.ly/3H7iG9BThis book covers the following topics- How to handle Bank fees- Tips to manage credit card debt- Insurance issues - Tips for maintaining a strict budget- Complete control over your finances#5 - Get a Financial LifeGet this book from https://bit.ly/3s7scoUThis book covers the following topics- Face challenges and take risks- Calculated and practical decisions- Latest tax rules- How to find smart investments - Tips to protect yourself from identity theft #personalfinancebooks #toppersonalfinancebooks #wallstreetmojoFor more books on this topic refer to our article at: https://www.wallstreetmojo.com/best-personal-finance-books/Follow 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

How to Successfully Start a Business from Scratch [Video]

Starting a business from scratch is a profound journey, one filled with excitement, challenges, and the promise of realizing your entrepreneurial dreams. It's an endeavor that demands a blend of creativity, resilience, and strategic thinking. While the path to success may not always be straightforward, there are essential steps and principles that can guide you through the process and increase your chances of building a thriving enterprise.

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Resources for Accountants

How to Start a Supermarket Business | Free Supermarket Business Plan Included [Video]

Presenting 50 essential tips for starting a Supermarket business.Now you can get your free business plan template gift here: https://www.bizmove.com/business-gifts.htm This is a high quality, full blown business plan template that you can download and modify to create a quality business plan tailored to your business idea.It comes complete with detailed instructions and all the related spreadsheets. Allows you to easily prepare a professional business plan for your new businessAlso get free small business guides, tools, and worksheets at: https://www.bizmove.com