So, when discussing the Statements (Balance Sheet, income statement, Cashflows and equity) I have heard them being called the FACE?. Does the term even exist, and if it does, why? isnt it redundant since its the same as talking aobut the FS?.
I have my first intermediate accounting exam next week and your entire channel is a godsend :D thank you so much for taking the time to make these videos, they are extremely helpful, and make all the topics I'm learning about much clearer!
Edspira, Thanks for the wonderful video, I've been using your channel to supplement my CPA studying because of how clearly you explain these topics! Would this video still remain relevant in a discussion of taxation and regulation in 2020, or have these two acts substantially changed?
It was great for external auditors and the Birth of Accountancy Firms...but even they often could not stop the deceit. Just look at Nortel, Research in Motion, Bre-X, Enron, AIG, Madoff and loads of other Stocks that went from Hero to Zero. Invest in yourself instead, learn skills, get coaching, build a House or just buy Index Funds. Stop imagining that you're an Insider. You're NOT.
