Financials

We look at is landscaping a capital improvement, what does and does not constitute landscaping and what is maintenance using the relevant IRS documentation.

Explanation of Micro Private Equity and how it differs from conventional private equity and venture capital.

Overview of seller notes and how they can help both a buyer and seller when acquiring a business.

Overview of an EBITDA bridge and how it can help you to quickly assess companies for investment purposes.

Explanation of the FIRPTA certificate which is part of the Foreign Investment in Real Property Act and has tax implications for foreign people and US citizens as both buyers and sellers.

Overview of Purchase Price Allocation commonly used in mergers and acquisitions and how it relates to tax.

Explanation of soft dollar arrangements used by brokers which can be seen as hidden charges the investor pays for.

Explanation of what does it mean when a company’s corporate spread tightens along with government and corporate bonds, bond yields and more.

Explanation and examples of the Exchange Ratio Formula.

Overview of planning materiality in auditing and its relationship to tolerable misstatement.

Overview, calculations and uses of the cash flow adequacy ratio in financial statements.

Explanation of prepaid amortization schedule and how it is used in accounting.

Examination of the advantages and disadvantages of buyback of shares, the reasons for it, who benefits, and other things to look out for.

Explanation and examples of mixed stream cash flow in accounting and business

Explanation and examples of a 10-Column Worksheet in accounting.

Explanation of what is an advocacy threat in accounting and auditing. How it comes about, the problems it can cause and best practices on how to avoid them

Overview of tolerable misstatements in accounting and auditing, how they are defined, calculated and dealt with.

Explanation and examples of base case and how it can be used to estimate a base case cash flow.

Guide to the Planning Control Cycle including detailed breakdown of the 7 stages required.

Explanation of Product Level Activity in accounting, the differences between it and activity based costing, and some useful flow charts to help you.

How accounting for spare parts is treated in financials, the differences between inventory/PPE, whether it is short or long term plus other common questions.

Explanation of the self-review threat can arise in accounting or in an audit, how it is caused, the problems that arise and how it can be prevented.

Vouching vs. tracing are key techniques applied during audits. We look at their strengths, weaknesses, uses, and how they help the auditor assess a business.

Learn about what the familiarity threat is in accounting, the problems it can cause and how to prevent them