16191
@accaglobal_bot For Uzbek students https://t.me/accauzbekistana f5 https://t.me/f5performancemanagament f7 https://t.me/FRfinancialreporting f8 https://t.me/f8auditandassurance f9 https://t.me/F9FinancialManagment
As I promised here is the LSBF Video Courses:
F1 - Business and Technology — watch online
F2 - Management Accounting — watch online
F3 - Financial Accounting - watch online
F4 - Corporate and Business Law - watch online
F5 - Performance Management - watch online
F7 - Financial Reporting - watch online
F8 - Audit and Assurance - watch online
F9 - Financial Management - watch online
Note: if you have problems with watching I recommend to open videos on VLC program.
Some ACCA apps
Check out "ACCA Student Accountant"
https://play.google.com/store/apps/details?id=com.accaglobal.studentaccountant
Check out "ACCA Study Planner"
https://play.google.com/store/apps/details?id=com.elancelearning.acca
Check out "Insights"
https://play.google.com/store/apps/details?id=com.accaglobal.professionalinsights
Check out "ACCA AB magazine"
https://play.google.com/store/apps/details?id=com.accaglobal.AccountingBusiness.International
Check out "ACCA Virtual Careers Fairs"
https://play.google.com/store/apps/details?id=com.acp.mobileApp
Check out "ArivuPro App (CA, CS, ACCA)"
https://play.google.com/store/apps/details?id=com.arivupro.online
Check out "ACCA Online"
https://play.google.com/store/apps/details?id=com.yasiryamin.lms
Check out "Bright ACCA"
https://play.google.com/store/apps/details?id=np.edu.brightacademy
Check out "ACCA Events 2024"
https://play.google.com/store/apps/details?id=com.flockplatformmobileaccazamc.droid
Check out "ACCA Online Classes"
https://play.google.com/store/apps/details?id=com.finaco.courses
Start with a Plan: How to Decide Your Career Path After ACCA!
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𝗔𝗽𝗽𝗹𝗲 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀
Quick 𝗔𝗽𝗽𝗹𝗲 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀.
𝗪𝗵𝗮𝘁 𝗶𝘀 𝗶𝗻𝗰𝗹𝘂𝗱𝗲𝗱:
• Balance Sheet - short and longer form
• Income Statement - short and longer form
• Cash flow - short and longer form
• Profitability analysis
• Liquidity analysis
• Solvency analysis
• Returns analysis
• Efficiency analysis
𝗗𝗮𝘁𝗮 𝘀𝗼𝘂𝗿𝗰𝗲:
𝘠𝘢𝘩𝘰𝘰 𝘍𝘪𝘯𝘢𝘯𝘤𝘦
𝗟𝗮𝘀𝘁 𝗿𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗽𝗲𝗿𝗶𝗼𝗱:
𝘚𝘦𝘱𝘵𝘦𝘮𝘣𝘦𝘳 30, 2023
Mastering balance sheet ratios is essential for analyzing the financial health of a business. These ratios provide insights into liquidity, solvency, and operational efficiency.
Here are the key ones everybody needs to know:
1. 𝗟𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆 𝗥𝗮𝘁𝗶𝗼𝘀 - Current Ratio and Quick Ratio (Acid-Test)
2. 𝗦𝗼𝗹𝘃𝗲𝗻𝗰𝘆 𝗥𝗮𝘁𝗶𝗼𝘀 - Debt-to-Equity Ratio and Equity Ratio
3. 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆 𝗥𝗮𝘁𝗶𝗼𝘀 - Inventory Turnover and Receivables Turnover
4. 𝗣𝗿𝗼𝗳𝗶𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗥𝗮𝘁𝗶𝗼𝘀 - Return on Assets and Return on Equity
5. 𝗟𝗲𝘃𝗲𝗿𝗮𝗴𝗲 𝗥𝗮𝘁𝗶𝗼𝘀 - Interest Coverage Ratio and Debt-to-Asset Ratio
𝗪𝗵𝘆 𝗧𝗵𝗲𝘆 𝗠𝗮𝘁𝘁𝗲𝗿
• Investors use these ratios to evaluate the company’s financial stability and growth potential.
• Managers rely on them for operational insights and decision-making.
• Creditors assess them to determine creditworthiness.
Understanding these ratios equips you to make informed decisions, whether you're investing, managing, or analyzing a business.
FREE FINANCE COURSES
MODULE 1: Financial Statement Analysis
1. 3 statements modeling https://lnkd.in/dWypMscT
2. How to analyze INCOME STATEMENT (IS) https://lnkd.in/dn3kTszk
3. Accounting Equation https://lnkd.in/dhAkk5ra
4. Top 12 Accounting Ratios https://lnkd.in/dkMGYjJr
5. Income Statement templates for 6 industries https://lnkd.in/dmyPDA2V
MODULE 2: Financial Planning and Forecasting
1. Financial modeling handbook
https://lnkd.in/dUv-56zx
2. Salaries & Headcount Forecasting
https://lnkd.in/daThdtbR
3. CFOs Checklist for FP&A teams https://lnkd.in/dRD7TTDs
4. 9 Ways to Forecast https://lnkd.in/dGyQTgv5
5. How to forecast of COGS and Gross profit https://lnkd.in/dca7AkCm
MODULE 3: Cash Flow Management
1. How to analyze Cash Flow Statement https://lnkd.in/dnpZ5QFW
2. Cash Flow handbook https://lnkd.in/dJ7VSPBr
3. Top 4 Cashflow KPIs https://lnkd.in/d-yxkit4
4. Cash explained to Kids https://lnkd.in/dPg3xFCq
5. Weekly CF forecast https://lnkd.in/dycKWAUW
MODULE 4: EBITDA
1. EBITDA adjustments model https://lnkd.in/dC-zk56w
2. Guide to EBITDA https://lnkd.in/dssA4Wqe
3. EBITDA vs FCF https://lnkd.in/dyC_Qm4E
4. EBITDA explained https://lnkd.in/dqgpyDPH
5. EBITDA vs Net income vs FCF https://lnkd.in/dgr-QszA
MODULE 5: Business Valuation
1. The Valuation Handbook https://lnkd.in/dD2dY4Uz
2. Valuation methodology https://lnkd.in/dF5wqJQe
3. 5 Minute DCF Valuation https://lnkd.in/dMMh4x3q
4. 7 Startup Valuation models https://lnkd.in/dchGzT83
5. Valuation by multiples model https://lnkd.in/dJkVjKFA
ACCA qualification tips and lectures
Currently at Beeline Uzbekistan as a Senior Internal audit manager
I’m an Acca member since 2018 and FCCA since 2023 Jan
12+ yrs experience in international accounting, reporting and audit (big4)
13/14 ACCA papers first pass
/channel/ACCAtipsUzb
F3 Financial Accounting
https://t.me/joinchat/e1VR0sP5LlYwMzI6
@accaglobal_a
IFRS vs US GAAP (key highlights)
1. Inventory Methods:
Both GAAP and IFRS allow FIFO, weighted-average cost, and specific identification methods for valuing inventories. However, GAAP also allows the LIFO method, which is not allowed under IFRS. Using the LIFO method may result in artificially low net income and may not reflect the actual flow of inventory items through a company.
2. Inventory Write-Down Reversals:
Both methods allow inventories to be written down to market value. However, if the market value later increases, only IFRS allows the earlier write-down to be reversed. Under GAAP, reversal of earlier write-downs is prohibited. Inventory valuation may be more volatile under IFRS.
3. Fair Value Revaluations:
IFRS allows revaluation of the following assets to fair value if fair value can be measured reliably: inventories, property, plant & equipment, intangible assets, and investments in marketable securities. This revaluation may be either an increase or a decrease to the asset’s value. Under GAAP, revaluation is prohibited except for marketable securities.
4. Impairment Losses:
Both standards allow for the recognition of impairment losses on long-lived assets when the market value of an asset declines. When conditions change, IFRS allows impairment losses to be reversed for all types of assets except goodwill. GAAP takes a more conservative approach and prohibits reversals of impairment losses for all types of assets.
5. Intangible Assets:
Internal costs to create intangible assets, such as development costs, are capitalized under IFRS when certain criteria are met. These criteria include consideration of the future economic benefits. Under GAAP, development costs are expensed as incurred, with the exception of internally developed software. For software that will be used externally, costs are capitalized once technological feasibility has been demonstrated. If the software will only be used internally, GAAP requires capitalization only during the development stage. IFRS has no specific guidance for software.
6. Fixed Assets:
GAAP requires that long-lived assets, such as buildings, furniture and equipment, be valued at historic cost and depreciated appropriately. Under IFRS, these same assets are initially valued at cost, but can later be revalued up or down to market value. Any separate components of an asset with different useful lives are required to be depreciated separately under IFRS. GAAP allows for component depreciation, but it is not required.
7. Investment Property:
IFRS includes the distinct category of investment property, which is defined as property held for rental income or capital appreciation. Investment property is initially measured at cost, and can be subsequently revalued to market value. GAAP has no such separate category.
8. Lease Accounting:
IFRS has a de minimus exception, which allows lessees to exclude leases for low-valued assets, while GAAP has no such exception
Land Your Dream Role at a Big 4 with an ATS- Friendly CV
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Для тех, кто заинтересован в квалификации АССА на русском
/channel/ACCAtipsUzb
Accounting Skills of An ACCA
vs. Communication Skills their exams
Differences between financial reporting and tax regulations can cause discrepancies in income recognition or expense recognition.
When these discrepancies are expected to be resolved in the future in a way that reduces the taxable income of a company, a DTA can arise.
DTAs are based on "temporary differences."
Temporary differences are differences between the tax base of an asset or liability and its carrying amount in the financial statements that will result in taxable amounts or deductible amounts in the future.
▶️ 𝗖𝗼𝗺𝗺𝗼𝗻 𝗖𝗮𝘂𝘀𝗲𝘀 𝗳𝗼𝗿 𝗗𝗲𝗳𝗲𝗿𝗿𝗲𝗱 𝗧𝗮𝘅 𝗔𝘀𝘀𝗲𝘁𝘀 𝗼𝗿 𝗟𝗶𝗮𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀:
𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗟𝗼𝘀𝘀𝗲𝘀
If a business has a loss for accounting purposes, it might not be fully utilized for tax purposes in that year. This loss might be carried forward to offset future taxable income.
𝗗𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝗰𝗲𝘀 𝗶𝗻 𝗗𝗲𝗽𝗿𝗲𝗰𝗶𝗮𝘁𝗶𝗼𝗻
Some jurisdictions allow for accelerated depreciation for tax purposes compared to accounting depreciation.
𝗣𝗿𝗼𝘃𝗶𝘀𝗶𝗼𝗻𝘀 𝗮𝗻𝗱 𝗥𝗲𝘀𝗲𝗿𝘃𝗲𝘀
A company might make provisions for bad debts or other future expenses in its financial statements. These provisions reduce accounting profit but might not be deductible for tax purposes until the expense is incurred.
ACCA channel for uzbek students
/channel/accauzbekistana
F2 Management Accounting
/channel/F2managmentaccounting
@accaglobal_a
F4 Corparate and Business Law
https://t.me/joinchat/Y31E4YkrQ7s5MmZi
@accaglobal_a