• The Wolf of Wall Street (Mad Max scene)

    my favorite scene lol dont forget 2 subscribe

    published: 29 Aug 2014
  • Wall Street Accountant takes down ACC Board

    Wall Street Accountant Harris Bloom gives the Board of Directors at Animal Care & Control of NYC a dose of reality. Subscribe to see more revealing videos from this meeting, posted shortly.

    published: 23 Jun 2011
  • Wall Street Accountant Takes Down ACC Board (Again!)

    published: 02 Feb 2012
  • [USA] Interview with Wall Street Accountant Trevtre

    Recorded and interviewed by C-SPAN Live Interviewer British2004 This video does is in no way intentionally mean offense to anyone. The mentioning of America and Wall Street does not relate to real life.

    published: 25 Dec 2014
  • Jon Bernthal Relives "The Wolf Of Wall Street" Orgies

    CONAN Highlight: Martin Scorsese inspired everyone in his movie, even the naked actress who got her foot smashed. More CONAN @ http://teamcoco.com/video Team Coco is the official YouTube channel of late night host Conan O'Brien, CONAN on TBS & TeamCoco.com. Subscribe now to be updated on the latest videos: http://bit.ly/W5wt5D For Full Episodes of CONAN on TBS, visit http://teamcoco.com/video Get Social With Team Coco: On Facebook: ‪https://www.facebook.com/TeamCoco‬ On Google+: https://plus.google.com/+TeamCoco/ On Twitter: http://twitter.com/TeamCoco On Tumblr: http://teamcoco.tumblr.com On YouTube: http://youtube.com/teamcoco Follow Conan O'Brien on Twitter: http://twitter.com/ConanOBrien

    published: 16 Jan 2014
  • Balancing Fighting With Finance in 'The Accountant'

    Drama meets action in "The Accountant", Hollywood's latest movie about a gifted mathematician, played by Ben ​Affleck, who manages money for criminal clients, but may be more dangerous than them. Mark Kelly reports. Images: Warner Bros. / Composite: Mark Kelly Subscribe to the WSJ channel here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Follow WSJ on Facebook: http://www.facebook.com/wsjvideo Follow WSJ on Google+: https://plus.google.com/+wsj/posts Follow WSJ on Twitter: https://twitter.com/WSJvideo Follow WSJ on Instagram: http://instagram.com/wsj Follow WSJ on Pinterest: http://www.pinterest.com/wsj/

    published: 14 Oct 2016
  • Damn It Feels Good to be Banker -- A Wall Street Musical

    Bankers vs. Consultants. Contact: info@portal-a.com. An LSO and Portal A Interactive Production. http://www.portal-a.com http://www.leveragedsellout.com http://www.amazon.com/exec/obidos/ASIN/1401309682/levesellout-20 -- get the book by Leveraged Sell-Out. mp3 @ http://www.zshare.net/audio/5112236545d91f6f/

    published: 28 Aug 2008
  • The Insider-Trading Scandal That Nearly Destroyed Wall Street: U.S. Finance (1991)

    Drexel Burnham Lambert was a major Wall Street investment banking firm, which first rose to prominence and then was forced into bankruptcy in February 1990 by its involvement in illegal activities in the junk bond market, driven by Michael Milken. About the book: https://www.amazon.com/gp/product/067179227X/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=067179227X&linkCode=as2&tag=tra0c7-20&linkId=317ad25e59e385c5d52f73951a50a037 At its height, it was the fifth-largest investment bank in the United States. http://en.wikipedia.org/wiki/Drexel_Burnham_Lambert Ivan Frederick Boesky (born March 6, 1937) is an American stock trader who is notable for his prominent role in a Wall Street insider trading scandal that occurred in the United States in the mid-1980s. The character ...

    published: 23 Dec 2014
  • One Life-Changing Class You Never Took: Alexa von Tobel at TEDxWallStreet

    Alexa von Tobel is the founder and CEO of LearnVest.com which she has been developing and growing since 2006. LearnVest is the leading personal finance and lifestyle website that brings financial literacy to women. Since launching LearnVest, Alexa has been widely quoted as a personal finance expert and entrepreneur in top tier business and consumer publications including: New York Times, The Wall Street Journal, New York Post, BusinessWeek, Shape, Fast Company, Marie Claire, ForbesWoman, InStyle, People StyleWatch, Time Out New York, The Huffington Post, among many others. Alexa has been included on Vanity Fair's 2011 Next Establishment list, featured on Business Insider's 2010 and 2011 Silicon Alley 100 lists, named "One of the Coolest Young Entrepreneurs" in Inc. Magazine's 30 Under 30 f...

    published: 12 Apr 2012
  • Biggest Starting Salary Increases Coming in 2017

    The future is looking up, at least when it comes to average starting salaries. Robert Half senior executive director Paul McDonald joins Lunch Break with Tanya Rivero with salary projections for fields including tech, law, and accounting, in 2017. Photo: iStock Subscribe to the WSJ channel here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Follow WSJ on Facebook: http://www.facebook.com/wsjvideo Follow WSJ on Google+: https://plus.google.com/+wsj/posts Follow WSJ on Twitter: https://twitter.com/WSJvideo Follow WSJ on Instagram: http://instagram.com/wsj Follow WSJ on Pinterest: http://www.pinterest.com/wsj/

    published: 30 Aug 2016
  • The Job ( desperate bankers on financial crisis)

    A funny commercial about desperate bankers in suits in the face of hard times in financial crisis, being hired by the Mexican farmer, funny but in some level also truth...

    published: 30 Oct 2008
  • The Accountant - Official Trailer #1

    Oscar winner Ben Affleck (“Argo,” “Batman v Superman: Dawn of Justice”) stars in the title role of THE ACCOUNTANT from director Gavin O’Connor (“Miracle,” “Pride and Glory,” “Warrior”). Christian Wolff (Affleck) is a math savant with more affinity for numbers than people. Behind the cover of a small-town CPA office, he works as a freelance accountant for some of the world’s most dangerous criminal organizations. With the Treasury Department’s Crime Enforcement Division, run by Ray King (J.K. Simmons), starting to close in, Christian takes on a legitimate client: a state-of-the-art robotics company where an accounting clerk (Anna Kendrick) has discovered a discrepancy involving millions of dollars. But as Christian uncooks the books and gets closer to the truth, it is the body count that s...

    published: 13 May 2016
  • ▶ Four Horsemen Feature Documentary Official Version YouTube

    Four Horsemen is a 2012 British documentary film directed by Ross Ashcroft. The film criticises the system of fractional reserve banking, debt-based economy and political lobbying by banks, which it regards as a serious threat to Western civilisation. It criticises the War on Terror, which it maintains is not fought to eliminate al-Qaeda and other militant organizations, but to create larger debt to the banks. As an alternative, the film promotes a return to classical economics and the gold standard. Among those interviewed are Joseph Stiglitz, former chief economist at the World Bank; Noam Chomsky, linguistics professor; John Perkins, author of Confessions of an Economic Hit Man; Herman Daly, economy professor and former economist at the World Bank; and Max Keiser, TV host and former trad...

    published: 06 Feb 2016
  • Suits - Harvey Specter's Best Owns

    Motivation with style. Harvey Specter's best owns in suits. Check out our Top 10 Harvey Specter Quotes That Will Motivate You: http://blog.goalcast.life/2016/04/13/top-10-harvey-specter-quotes-that-will-motivate-you/ Transcript: - Let me give you the ABCs of me. I don't take meetings, I set them; And my respect isn't demanded, it's earned. - That's only two things, what's C? - C is for people who show me they know A and B. Life, is this. I like this. Look, you were giving me shit this morning because I come and go when I want to, you know why I can do that? Because when I got here I dominated, they thought I worked 100 hours a day, now no matter what time I get in nobody questions my ability to get the job done. Get it through your head, first impressions last. - How's that detonatio...

    published: 09 Apr 2016
  • Accounts Payable vs. Accrued Expenses - Interview Question

    Accounts Payable vs. Accrued Expenses on the 3 Financial Statements: Why Does It Matter? By http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" It's a common interview question! You may be asked about the differences between them, how changes are reflected on the 3 financial statements, and so on. And most Google search results on this topic are AWFUL and do not answer the actual question at all, or do so in a confusing way that misses the point (trust me, I looked). THE SHORT ANSWER: Accounts Payable (AP) and Accrued Expenses (AE) work in a VERY similar way... IF they both correspond to Operating Expense line items, or other items that appear directly on the Income Statement. However, AP is more likely to correspond to e...

    published: 11 Feb 2014
  • Trump's ex-accountant speaks out on taxes

    Donald Trump's former accountant Jack Mitnick speaks out about Trump's 1995 income tax return uncovered by the New York Times that shows he declared a $916 million loss.

    published: 05 Oct 2016
The Wolf of Wall Street (Mad Max scene)

The Wolf of Wall Street (Mad Max scene)

  • Order:
  • Duration: 2:19
  • Updated: 29 Aug 2014
  • views: 600876
videos
my favorite scene lol dont forget 2 subscribe
https://wn.com/The_Wolf_Of_Wall_Street_(Mad_Max_Scene)
Wall Street Accountant takes down ACC Board

Wall Street Accountant takes down ACC Board

  • Order:
  • Duration: 3:20
  • Updated: 23 Jun 2011
  • views: 8168
videos
Wall Street Accountant Harris Bloom gives the Board of Directors at Animal Care & Control of NYC a dose of reality. Subscribe to see more revealing videos from this meeting, posted shortly.
https://wn.com/Wall_Street_Accountant_Takes_Down_Acc_Board
Wall Street Accountant Takes Down ACC Board (Again!)

Wall Street Accountant Takes Down ACC Board (Again!)

  • Order:
  • Duration: 2:38
  • Updated: 02 Feb 2012
  • views: 1203
videos
https://wn.com/Wall_Street_Accountant_Takes_Down_Acc_Board_(Again_)
[USA] Interview with Wall Street Accountant Trevtre

[USA] Interview with Wall Street Accountant Trevtre

  • Order:
  • Duration: 6:22
  • Updated: 25 Dec 2014
  • views: 6
videos
Recorded and interviewed by C-SPAN Live Interviewer British2004 This video does is in no way intentionally mean offense to anyone. The mentioning of America and Wall Street does not relate to real life.
https://wn.com/USA_Interview_With_Wall_Street_Accountant_Trevtre
Jon Bernthal Relives "The Wolf Of Wall Street" Orgies

Jon Bernthal Relives "The Wolf Of Wall Street" Orgies

  • Order:
  • Duration: 2:12
  • Updated: 16 Jan 2014
  • views: 427055
videos
CONAN Highlight: Martin Scorsese inspired everyone in his movie, even the naked actress who got her foot smashed. More CONAN @ http://teamcoco.com/video Team Coco is the official YouTube channel of late night host Conan O'Brien, CONAN on TBS & TeamCoco.com. Subscribe now to be updated on the latest videos: http://bit.ly/W5wt5D For Full Episodes of CONAN on TBS, visit http://teamcoco.com/video Get Social With Team Coco: On Facebook: ‪https://www.facebook.com/TeamCoco‬ On Google+: https://plus.google.com/+TeamCoco/ On Twitter: http://twitter.com/TeamCoco On Tumblr: http://teamcoco.tumblr.com On YouTube: http://youtube.com/teamcoco Follow Conan O'Brien on Twitter: http://twitter.com/ConanOBrien
https://wn.com/Jon_Bernthal_Relives_The_Wolf_Of_Wall_Street_Orgies
Balancing Fighting With Finance in 'The Accountant'

Balancing Fighting With Finance in 'The Accountant'

  • Order:
  • Duration: 2:51
  • Updated: 14 Oct 2016
  • views: 1777
videos
Drama meets action in "The Accountant", Hollywood's latest movie about a gifted mathematician, played by Ben ​Affleck, who manages money for criminal clients, but may be more dangerous than them. Mark Kelly reports. Images: Warner Bros. / Composite: Mark Kelly Subscribe to the WSJ channel here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Follow WSJ on Facebook: http://www.facebook.com/wsjvideo Follow WSJ on Google+: https://plus.google.com/+wsj/posts Follow WSJ on Twitter: https://twitter.com/WSJvideo Follow WSJ on Instagram: http://instagram.com/wsj Follow WSJ on Pinterest: http://www.pinterest.com/wsj/
https://wn.com/Balancing_Fighting_With_Finance_In_'The_Accountant'
Damn It Feels Good to be Banker -- A Wall Street Musical

Damn It Feels Good to be Banker -- A Wall Street Musical

  • Order:
  • Duration: 3:44
  • Updated: 28 Aug 2008
  • views: 1865984
videos
Bankers vs. Consultants. Contact: info@portal-a.com. An LSO and Portal A Interactive Production. http://www.portal-a.com http://www.leveragedsellout.com http://www.amazon.com/exec/obidos/ASIN/1401309682/levesellout-20 -- get the book by Leveraged Sell-Out. mp3 @ http://www.zshare.net/audio/5112236545d91f6f/
https://wn.com/Damn_It_Feels_Good_To_Be_Banker_A_Wall_Street_Musical
The Insider-Trading Scandal That Nearly Destroyed Wall Street: U.S. Finance (1991)

The Insider-Trading Scandal That Nearly Destroyed Wall Street: U.S. Finance (1991)

  • Order:
  • Duration: 55:38
  • Updated: 23 Dec 2014
  • views: 20432
videos
Drexel Burnham Lambert was a major Wall Street investment banking firm, which first rose to prominence and then was forced into bankruptcy in February 1990 by its involvement in illegal activities in the junk bond market, driven by Michael Milken. About the book: https://www.amazon.com/gp/product/067179227X/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=067179227X&linkCode=as2&tag=tra0c7-20&linkId=317ad25e59e385c5d52f73951a50a037 At its height, it was the fifth-largest investment bank in the United States. http://en.wikipedia.org/wiki/Drexel_Burnham_Lambert Ivan Frederick Boesky (born March 6, 1937) is an American stock trader who is notable for his prominent role in a Wall Street insider trading scandal that occurred in the United States in the mid-1980s. The character of Gordon Gekko in the 1987 movie Wall Street is based at least in part on Boesky, especially regarding a famous speech he delivered on the positive aspects of greed at the University of California, Berkeley School of Business commencement ceremony in May 1986, where he said in part "I think greed is healthy. You can be greedy and still feel good about yourself". In a 1993 episode of Animaniacs entitled "Plane Pals", Yakko, Wakko, and Dot harass a tightly-wound Wall Street accountant named Ivan Blowsky, when he is forced to sit next to them on an airplane. The character Charlotte, a high-stakes CEO, on Rugrats has two fish in her office named "Boesky" and "Vesco". Boesky is mentioned in the episode Last Days of the television series Sliders: after an asteroid fails to destroy the Earth of the dimension they are in, Rembrandt Brown sees an article in a newspaper stating that Boesky had bought half of the houses in Beverly Hills for $10,000 dollars apiece, and that the erstwhile owners want their houses back. In the 2001 film Ocean's Eleven, Brad Pitt's character, Rusty Ryan, mentions a type of confidence scam termed "a Boesky" that involves a wealthy bankroller with insider information. In The Shield, Vic Mackey states that there will be a "money laundering operation which would make Ivan Boesky flinch". In Season 2, Episode 3 of "Psych" ("Psy vs. Psy"), the Federal Treasury agent claims to have arrested Ivan Boesky himself. In the novel American Psycho, Craig McDermott wins a halloween costume party dressed as Ivan Boesky. In the episode of Futurama, Future Stock, an 80s Wall Street character, reminiscent of Gordon Gekko, said of his glory days: "I was having whisky with Boesky and cookies with Milken." Famous hacker Kevin Mitnick recollects his encounters with Boesky in the prison in his book Ghost in the Wires. In the musical The Wedding Singer (based on the Adam Sandler/ Drew Barrymore movie), the character Glen Guglia mentions that "Boesky bought half, and if Ivan's buying, you know it's in the money." Gump & Co., the sequel to novel Forrest Gump by Winston Groom, had the protagonist Forrest Gump being hired by "Ivan Bozosky". Gump also later begins to wonder how he is being able to command such a high salary for only having to sign papers. In Robocop The Series episode 20 Corporate Raiders, the Chairman of OCP mentions he attended the "Ivan Boesky Elementary Business School". http://en.wikipedia.org/wiki/Ivan_Boesky
https://wn.com/The_Insider_Trading_Scandal_That_Nearly_Destroyed_Wall_Street_U.S._Finance_(1991)
One Life-Changing Class You Never Took: Alexa von Tobel at TEDxWallStreet

One Life-Changing Class You Never Took: Alexa von Tobel at TEDxWallStreet

  • Order:
  • Duration: 11:29
  • Updated: 12 Apr 2012
  • views: 573413
videos
Alexa von Tobel is the founder and CEO of LearnVest.com which she has been developing and growing since 2006. LearnVest is the leading personal finance and lifestyle website that brings financial literacy to women. Since launching LearnVest, Alexa has been widely quoted as a personal finance expert and entrepreneur in top tier business and consumer publications including: New York Times, The Wall Street Journal, New York Post, BusinessWeek, Shape, Fast Company, Marie Claire, ForbesWoman, InStyle, People StyleWatch, Time Out New York, The Huffington Post, among many others. Alexa has been included on Vanity Fair's 2011 Next Establishment list, featured on Business Insider's 2010 and 2011 Silicon Alley 100 lists, named "One of the Coolest Young Entrepreneurs" in Inc. Magazine's 30 Under 30 feature, titled a "Woman to Watch" by Forbes and included on the publication's 30 Under 30 list, highlighted on BusinessWeek's annual list of "Best Young Tech Entrepreneurs," among others. LearnVest has been named one of "25 Women-Run Startups to Watch" by Fast Company, included on Forbes' list of the "Top 100 Websites for Women" for the second year in a row, featured on Business Insider's Digital 100 list and included on Time Magazine's annual list of "50 Best Websites." More information at http://www.TEDxWallStreet.com About TEDx, x = independently organized event: In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
https://wn.com/One_Life_Changing_Class_You_Never_Took_Alexa_Von_Tobel_At_Tedxwallstreet
Biggest Starting Salary Increases Coming in 2017

Biggest Starting Salary Increases Coming in 2017

  • Order:
  • Duration: 3:12
  • Updated: 30 Aug 2016
  • views: 1763
videos
The future is looking up, at least when it comes to average starting salaries. Robert Half senior executive director Paul McDonald joins Lunch Break with Tanya Rivero with salary projections for fields including tech, law, and accounting, in 2017. Photo: iStock Subscribe to the WSJ channel here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Follow WSJ on Facebook: http://www.facebook.com/wsjvideo Follow WSJ on Google+: https://plus.google.com/+wsj/posts Follow WSJ on Twitter: https://twitter.com/WSJvideo Follow WSJ on Instagram: http://instagram.com/wsj Follow WSJ on Pinterest: http://www.pinterest.com/wsj/
https://wn.com/Biggest_Starting_Salary_Increases_Coming_In_2017
The Job ( desperate bankers on financial crisis)

The Job ( desperate bankers on financial crisis)

  • Order:
  • Duration: 3:09
  • Updated: 30 Oct 2008
  • views: 74391
videos
A funny commercial about desperate bankers in suits in the face of hard times in financial crisis, being hired by the Mexican farmer, funny but in some level also truth...
https://wn.com/The_Job_(_Desperate_Bankers_On_Financial_Crisis)
The Accountant - Official Trailer #1

The Accountant - Official Trailer #1

  • Order:
  • Duration: 2:08
  • Updated: 13 May 2016
  • views: 19
videos
Oscar winner Ben Affleck (“Argo,” “Batman v Superman: Dawn of Justice”) stars in the title role of THE ACCOUNTANT from director Gavin O’Connor (“Miracle,” “Pride and Glory,” “Warrior”). Christian Wolff (Affleck) is a math savant with more affinity for numbers than people. Behind the cover of a small-town CPA office, he works as a freelance accountant for some of the world’s most dangerous criminal organizations. With the Treasury Department’s Crime Enforcement Division, run by Ray King (J.K. Simmons), starting to close in, Christian takes on a legitimate client: a state-of-the-art robotics company where an accounting clerk (Anna Kendrick) has discovered a discrepancy involving millions of dollars. But as Christian uncooks the books and gets closer to the truth, it is the body count that starts to rise. THE ACCOUNTANT also stars Oscar nominee Anna Kendrick (“Up in the Air,” “Into the Woods”), Oscar winner J.K. Simmons (“Whiplash,” the “Spider-Man” films), Jon Bernthal (“Fury,” “The Wolf of Wall Street”), Jean Smart (TV’s “Fargo,” “24”), and Cynthia Addai-Robinson (“Star Trek: Into Darkness”), with Jeffrey Tambor (TV’s “Transparent,” “The Hangover” films) and two-time Oscar nominee John Lithgow (“Interstellar,” “Terms of Endearment,” “The World According to Garp”). THE ACCOUNTANT is in cinemas on November 3, 2016. ----------------------------------------------------------------------------------------------------------- STACK is JB Hi-Fi's essential monthly guide to cinema, games, music and DVDs. ► Subscribe to STACK Presents NOW: http://bit.ly/24RR559 ► Like STACK Magazine on Facebook: https://www.facebook.com/stackmagazine/ ► Follow @STACKmag on Twitter: https://twitter.com/STACKmag ► Follow @stackmagazine on Instagram: https://www.instagram.com/stackmagazine/
https://wn.com/The_Accountant_Official_Trailer_1
▶ Four Horsemen   Feature Documentary   Official Version   YouTube

▶ Four Horsemen Feature Documentary Official Version YouTube

  • Order:
  • Duration: 1:38:54
  • Updated: 06 Feb 2016
  • views: 285
videos
Four Horsemen is a 2012 British documentary film directed by Ross Ashcroft. The film criticises the system of fractional reserve banking, debt-based economy and political lobbying by banks, which it regards as a serious threat to Western civilisation. It criticises the War on Terror, which it maintains is not fought to eliminate al-Qaeda and other militant organizations, but to create larger debt to the banks. As an alternative, the film promotes a return to classical economics and the gold standard. Among those interviewed are Joseph Stiglitz, former chief economist at the World Bank; Noam Chomsky, linguistics professor; John Perkins, author of Confessions of an Economic Hit Man; Herman Daly, economy professor and former economist at the World Bank; and Max Keiser, TV host and former trader.
https://wn.com/▶_Four_Horsemen_Feature_Documentary_Official_Version_Youtube
Suits - Harvey Specter's Best Owns

Suits - Harvey Specter's Best Owns

  • Order:
  • Duration: 1:56
  • Updated: 09 Apr 2016
  • views: 333082
videos
Motivation with style. Harvey Specter's best owns in suits. Check out our Top 10 Harvey Specter Quotes That Will Motivate You: http://blog.goalcast.life/2016/04/13/top-10-harvey-specter-quotes-that-will-motivate-you/ Transcript: - Let me give you the ABCs of me. I don't take meetings, I set them; And my respect isn't demanded, it's earned. - That's only two things, what's C? - C is for people who show me they know A and B. Life, is this. I like this. Look, you were giving me shit this morning because I come and go when I want to, you know why I can do that? Because when I got here I dominated, they thought I worked 100 hours a day, now no matter what time I get in nobody questions my ability to get the job done. Get it through your head, first impressions last. - How's that detonation coming? - Long fuse. - Is that your way of telling me that it's never going off? - Well, if it doesn't, you could always have James Bond take care of it for you. - Harvey Specter, you don't need to watch game film. - Do you know who's watched more game film than everybody? - No, who? - Michael Jordan. - What, how do you know that? - You don't believe me, let's call him. - You have Michael Jordan's phone number? - Yep. - If I hit this button right here I call Michael Jordan? - It's kinda how a phone works. - I'm not gloating, I'm merely recognizing the fact that you completely changed your mind based entirely on what I said. - Which is gloating. - Potato potato, but as long as you're going to think of it that way, I might as well point out that since you listened to my lecture, maybe you should start calling me professor. - I'm gonna start calling your unemployed if you don't figure out a way around using Gerard's alibi. - We have a decision to make. - There is no decision, we need to cut a deal today. - You know what? That's the difference between us Allison, you wanna lose small, I wanna win big. I wanna win big. ► Subscribe Here: https://goo.gl/wTKGC4 ========================================­­­======== Don't forget to share this video to spread the motivation! LIKE | COMMENT | SHARE Subscribe to get notified when we upload new motivational videos. ========================================­­­======== FOLLOW US: Facebook: https://goo.gl/cjShXM Instagram: https://goo.gl/XaukHK Twitter: https://goo.gl/WBe30b ========================================­­­======== For more: http://www.goalcast.life
https://wn.com/Suits_Harvey_Specter's_Best_Owns
Accounts Payable vs. Accrued Expenses - Interview Question

Accounts Payable vs. Accrued Expenses - Interview Question

  • Order:
  • Duration: 12:44
  • Updated: 11 Feb 2014
  • views: 33616
videos
Accounts Payable vs. Accrued Expenses on the 3 Financial Statements: Why Does It Matter? By http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" It's a common interview question! You may be asked about the differences between them, how changes are reflected on the 3 financial statements, and so on. And most Google search results on this topic are AWFUL and do not answer the actual question at all, or do so in a confusing way that misses the point (trust me, I looked). THE SHORT ANSWER: Accounts Payable (AP) and Accrued Expenses (AE) work in a VERY similar way... IF they both correspond to Operating Expense line items, or other items that appear directly on the Income Statement. However, AP is more likely to correspond to events such as the purchase of Inventory, which would NOT show up on the Income Statement initially, and so you're more likely to see different treatment with Accounts Payable (no Income Statement impact - just an Asset on the Balance Sheet increasing and AP on the Liabilities & Equity side increasing to balance the change). Both these items represent cases where we've INCURRED an expense but not actually paid for it in cash yet. Example 1: We get an invoice for a legal bill from a law firm we hired. They already performed the service, so we incurred the expense, but we haven't paid them in cash yet. Example 2: We pay rent at the beginning of each month. In between, that expense accrues because we use the building or office every day of the month... so it's not accurate just to view it as an expense on one day of the month, but rather an expense that gets accrued every single day and then paid in cash at the beginning of the month. Example 1 corresponds to Accounts Payable, because we typically use AP for items with specific invoices. Example 2 corresponds to Accrued Expenses, which we typically use for recurring, monthly/quarterly/weekly items WITHOUT specific invoices, such as rent, utilities, employees' wages, and so on. What Happens on the 3 Statements When AP or AE Change? IF they both correspond to COGS or Operating Expenses IN THE CURRENT PERIOD and therefore refer to actual expenses listed on the Income Statement: Let's use the example of AP or AE of $100 on the 3 statements: 1) Income Statement - Expenses (most likely OpEx) will increase by $100, reducing Pre-Tax Income by $100 and Net Income by $60 assuming a 40% tax rate. 2) Cash Flow Statement - Net Income is down by $60, but this expense we just recognized was non-cash, so we record the increase in AP or AE as a cash increase of $100. Our cash flow and ending cash at the bottom are up by $40. 3) Balance Sheet - Cash is up by $40 on the Assets side; on the L&E side, AP or AE is up by $100, but Retained Earnings is down by $60 due to the reduced Net Income, so both sides are up by $40. INTUITION: You've saved on taxes because you recorded an expense, took the tax deduction, and reduced your tax bill... but you haven't paid that expense in cash yet! It's all about the tax savings in this first step. Now, Step 2: What Happens When You Pay the AP or AE in Cash, For Real 1) No changes on the Income Statement - already recognized this as an expense! 2) Cash Flow Statement: Net Income is still down by $60... and now we REMOVE that adjusting entry for AP or AE, so cash no longer goes up by $100 from that. As a result, cash at the bottom is just down by $60. 3) Balance Sheet: Cash is now down by $60 rather than being up by $40, because we just paid that expense in cash. On the other side, AP or AE is now back to its old level and is no longer up by $100. Retained Earnings is still down by $60, so both sides are down by $60 and balance. BUT HERE'S THE IMPORTANT DIFFERENCE BETWEEN THEM: AE almost always correspond to Operating Expenses or other Income Statement expense items... but Accounts Payable often do not. EXAMPLE: Company buys $100 of Inventory on credit - supplier sends over the Inventory, "in good faith," and sends the company an invoice, which goes to its Accounts Payable account. In this case, there are NO CHANGES on the Income Statement because nothing happens there until this Inventory is turned into products and sold to customers! Instead, Inventory on the BS simply goes up by $100, and AP on the other side goes up by $100 to balance it. That scenario happens a lot with AP, but very-rarely-to-never with AE. Further Resources http://breakingintowallstreet.com/biws/3-statement-excel-model-interview-questions/
https://wn.com/Accounts_Payable_Vs._Accrued_Expenses_Interview_Question
Trump's ex-accountant speaks out on taxes

Trump's ex-accountant speaks out on taxes

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  • Duration: 1:53
  • Updated: 05 Oct 2016
  • views: 39069
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Donald Trump's former accountant Jack Mitnick speaks out about Trump's 1995 income tax return uncovered by the New York Times that shows he declared a $916 million loss.
https://wn.com/Trump's_Ex_Accountant_Speaks_Out_On_Taxes
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