The Business Professor
What are Liabilities - Financial Accounting
What are Liabilities - Financial Accounting
Sustainable Business Consulting
The Shift to Valuing Intangible Assets
Learn how to assign a value to intangible assets within a company. As more and more accountants, auditing firms and investors are asking about the triple bottom line (social, environmental financial), annual reports are increasingly...
The Business Professor
Inventory Recording Systems: Perpetual vs Periodic
In this video, the speaker discusses two different inventory systems that companies can use to record their merchandise transactions - perpetual and periodic. The speaker gives examples of how a car dealership may use the perpetual...
The Business Professor
Inventory Costing: Understanding FIFO Method
In this video, the teacher explains the concept of FIFO (First-In, First-Out) method for inventory costing. They go through the journal entries and calculations step by step, showing how to determine the cost of goods sold and ending...
The Business Professor
Introduction to Managerial Accounting
In this video, the speaker provides an explanation of what managerial accounting is and how it differs from financial accounting. The video highlights the tasks and responsibilities of a managerial accountant, such as preparing financial...
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Non Profit Organization_ProblemSolving
Problem solved on Non Profit Organisation covering simple transaction recording and adjustments like donations, subscriptions and outstanding& prepaid expense or income.
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Non Profit Organisation- Important Tips
This video is on important tips for non profit organisations
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Accounting Test time Journal Entries
Here we come with a Short Interactive Quiz on "Journal Entries" from our new & exciting series "Accounting Test Time" Please comment your scores in the comment section below.
The Business Professor
Understanding Financial Statements: Statement of Cash Flow
This video provides an explanation of the Statement of Cash Flow, which is a financial statement that details the inflows and outflows of cash within a business. The video discusses the three unique sections of the statement: Operating...
Executive Finance
The Rise of Glocalization and Local Entrepreneurs in the COVID Era
The video discusses the trend of glocalization, where companies customize their offerings for local cultures and customs. The COVID-19 pandemic has led to a resurgence of this trend, with more focus on buying local and supporting small...
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Dissolution of Partnership
This video will give you a broad understanding on what is dissolution and the process or different steps taken on dissolution.
Executive Finance
Personal SWOT Analysis for Career Development
This video provides a lesson on how to use the SWOT analysis tool for personal career planning. The speaker explains how to identify personal strengths and weaknesses, opportunities for growth, and potential obstacles to overcome.
Executive Finance
Financial and Management Accounting: Drilling into Numbers
This video explains the difference between financial accounting, management accounting, and finance. It also provides a framework for drilling into financial numbers and understanding variances in sales, costs, and overhead spending. The...
Executive Finance
Achieving the Fast Close: Strategies and Ideas for Efficient Financial Reporting
This video provides ideas and strategies for achieving a faster close process for financial reporting, including alternative reporting methods, shifting mindset, applying reporting materiality, automating processes, and standardizing...
The Business Professor
Steps in a Bank Reconciliation - Accounting
Steps in a Bank Reconciliation - Accounting
Executive Finance
Budgeting in Business: Understanding Why and How to Prepare an Annual Budget
This video covers the different uses of budgets, the challenges in budgeting, forecasting, and the two main approaches to preparing a budget. It also explains the phases of the budgeting cycle and how to incorporate the balance sheet and...
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Exploring Business Organization Options: Partnership and Joint Stock Companies
In this video, a business consultant discusses different options for a sole proprietor who wants to expand their business and share the risk and decision-making process. The consultant explains the advantages and disadvantages of forming...
Executive Finance
Managing Change and Building a Strong Implementation Team for ERP Success
This video discusses the importance of change management and assembling the right team for a successful ERP implementation project. It provides key steps for change management and attributes to look for when selecting team members.
Executive Finance
Emerging Technologies in Finance: Blockchain and Artificial Intelligence
This video discusses the potential of new technologies in finance, such as blockchain and artificial intelligence. It explains how blockchain can be used to create a shared ledger among stakeholders in a supply chain, while AI can...
Executive Finance
Relationship Rebuilding: Strategies for Networking and Connection
This video is about the importance of relationship building, especially during the pandemic. It provides tips on how to cultivate new professional contacts and deepen existing relationships, emphasizing the value of vulnerability,...
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Introduction to Accounting
The video is about the importance of maintaining records and accounting in business, using the example of two entrepreneurs - one who didn't keep records and struggled, and one who did and was able to make informed decisions about his...
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Profit Sharing Ratio
In this session you will learn how to calculate gain ratio, sacrifice ratio, & new profit sharing ratio in different scenarios.
The Business Professor
Introduction to Multi-Step Income Statement in Accounting
This video explains the concept of a multi-step income statement, which breaks down net income into operating and non-operating income to provide investors with more detailed information about a company's finances. The video provides...
The Business Professor
Understanding the Income Statement
The video provides an explanation of what an income statement is and how it can be used to determine the net income of a business. The video breaks down an example of an income statement and explains how to interpret the numbers and...