Owners of many businesses are protected from personal liability for the debts of the business. That is, the owner has limited personal liabilities. There is a method, however, to hold the owner liable under a process known as piercing...

What are the Steps in Selling a Business?

Shareholders Personally Liable for Obligations of Corporation

Role of Trustee in Bankruptcy

Return on Investment or ROI can be calculated using the sales margin divided by the asset turnover.

Transfer pricing is applicable to the transfer of goods and services between mutually-controlled entities. This video explains transfer pricing and provides guidance with regard to policies that comply with treasury regulations.

Chapter 7 Bankruptcy Process

Chapter 11 Bankruptcy Process

Ch3. Video 9 - Completing the Accoutning Cycle (Financial Statements) Example

This video provides an overview of how creditors submit proof of claims in bankruptcy cases. The video also touches on secured and unsecured claims, the importance of filing within a specific timeframe, and how disputes over claims are...

Converting Business Entities

This Video Explains Community Property vs Separate Property - Property Law

Common size analysis is used to compare financial performance of two different companies or units. It is used to put the compared organizations on the same footing for comparison.

This video explains the concept of exempted property for debtors in two scenarios: when a debtor is subject to a lien or legal action, and when a debtor files for bankruptcy. In both cases, certain types of property are protected from...

What is the Excess Earnings Method of Business Valuation? The excess earnings method (also called the “formula” method) basically values a company in two pieces – the tangible value and the intangible (or “goodwill”) value. The tangible...

What are estate taxes or taxes on the estate of a decedent? This video explains the basic rules of taxation applicable to the gross estate of a decedent. It identifies what is the gross estate, threshold tax amounts, and deductions from...

Employee Retirement Income Security Act ( ERISA)

What is the Economic Value Added Method of business valuation? EVA is the incremental difference in the rate of return (RoR) over a company's cost of capital. Essentially, it is used to measure the value a company generates from funds...

The video describes the concept of double-entry accounting, which is a method used in accounting to ensure that the accounting equation remains in balance. The video emphasizes the importance of double-entry accounting for accurate...

In this video, the speaker explains the concept of final discharge in bankruptcy and how it relieves a debtor's debts. The video emphasizes the importance of creditors being given notice and the debtor's due process rights in the...

Internal Controls - Financial Accounting

How do you calculate a business's capitalization? Market capitalization refers to how much a company is worth as determined by the stock market. It is defined as the total market value of all outstanding shares. To calculate a company's...

This video discusses anti-hostile takeover measures, focusing on methods such as asset restructuring, litigation through antitrust provisions, and strategic acquisitions to make it difficult for an acquirer to gain control of a corporation.

This video discusses the application of Generally Accepted Accounting Principles (GAAP) to the recording and reporting of property, plant, and equipment (PPE) and intangible assets. They explain how this affects disclosure and ultimately...