Members of the 'FIRE' movement, which stands for Financial Independence Retire Early, depend heavily on their investments, whether they're retired already or working towards early retirement. Here's how to prepare for down markets.

This video provides a detailed explanation of the Statement of Comprehensive Income, which is a key financial account used by businesses to show the cash flow situation of a company. The speaker explains the different tiers of the...

In this video, the speaker explains the importance of source documents in accounting and provides examples of different types of source documents such as purchase invoices, cash memos, credit memos, debit notes, petty cash vouchers, cash...

In this video, the presenter discusses the importance and structure of the income statement for businesses. He goes on to explain the different stakeholders who use the income statement, including shareholders, suppliers, competitors,...

This video provides an overview of the accounting principles and concepts used to verify and check financial statements. The presenter walks through examples of prepaid expenses, outstanding expenses, and accrued income to demonstrate...

Politeness Theory and Face (Goffman and Brown & Levinson) can help us have difficult conversations and communication effectively. This video gives examples of how positive and negative politeness sound in a conversation.

Politeness...

On Thursday New York prosecutors released a 15-count indictment sheet charging the Trump Organization and its chief financial officer, Allen Weisselberg, with the crime of “scheme to defraud in the first degree.”

In this video we are teaching what is the difference between capital, revenue and deferred revenue expenditure

In this video, the teacher explains the concept of cash flow and the three categories in which cash flows are classified: operating activities, investing activities, and financing activities. The teacher provides examples and discusses...

The CARES Act has offered financial relief to Americans impacted by the pandemic, but as the year comes closer to an end, so do these benefits. Here's how to prepare your finances if Congress doesn't extend the benefits.

We will see why do we need to follow the dual aspect concept in accounting and what is the difference between single entry system and double entry system.

Panicking about the recent global stock-market selloff? Here are 3 steps you can take to protect your retirement savings.

In this video, the teacher explains the basic accounting transactions involved in consignment. They outline the 10 common steps or transactions that occur in almost all consignment scenarios, including sending goods on consignment,...

In this video we will learn the need to prepare financial statements or final accounts and the format in which it is made. The different components and differences are explained.

In this video we will be teaching howtransactions are divided into Assts, goods and expenses recorded under accounts. Assest are long term while goods are for resale. Buying goods have cash purchases and credit purchases. Selling goods...

In this video, the teacher introduces the concept of final accounts for manufacturing concerns. Using an example of a wooden sofa set manufacturer, the teacher explains the different expenses involved in the production process and...

In this video, the teacher explains how expenses can also help in generating revenue. They discuss different types of expenses, including capital expenditure, revenue expenditure, and deferred revenue expenditure. The teacher also...

Swift 2 is a multi-paradigm programming language that has expressive features familiar to modern functional languages, and does not forget the object-oriented features of Objective-C. Things that took a block of code in...

Could Uber be about to take its last ride? Is Twitter about to stop Tweeting? Alltime 10s looks at 10 companies that are seriously struggling in the modern economic climate, and may just be on the verge of extinction.

This video explains the consignment accounting problem involving Versus Deviant company and Harry. It covers the preparation of Consigners account, Consignment account, and includes concepts such as loading, stock reserve, Commission,...

Authority of Debtor in Possession to Secure Post-Petition Financing

Employer Payroll Tax (Accounting) example

Warranties (Accounting) example

In this video, the teacher explains how to calculate the net profit or net loss for a partnership firm using the single entry system. The teacher walks through the example step by step, showing how to prepare the statement of affairs and...