Accounting
102 Threads
10 Things to keep handy before you start GSTR 9 1. Annual GSTR 2A (even 8A zip) Source -Software 2. 21-22 ITC claimed in 22-23 if any Source-Check in monthly 3B for 22-23. Spcl...
How do you calculate Maintenance Capex? In the 1986 Berkshire Annual Shareholder letter, Buffett outlined his thoughts on Owner's earnings. Owner's earnings = Reported earnings...
“ROIC is one way to measure whether a company’s earnings are sufficient relative to the capital it has invested.” Key takeaways from ROIC and Intangible Assets by M. Mauboussin (@...
"How do I know if my Finance team is doing a good job? I'm not an accountant" If you're an SMB owner, operator or investor, this thread is for you Here is exactly how to evaluate...
The Price-to-Earnings (P/E) Ratio is great...when it works. Here are 3 times when it DOESN'T work🧵⤵️
Profitability is vanity, cash is sanity. Here are 3 examples so you can know the difference:
Fraud is a four letter word in public accounting. The first part of my career as a CPA I audited financial statements for private co’s. We didn’t look for fraud, but it always ma...
Net Profit vs Cash Flow from operations (CFO) - What is more important? A short thread with examples Like & Retweet for better reach ! https://t.co/LAg9OMhMzi
If you want to be a successful entrepreneur, you MUST understand accounting. Here are the things I wish someone had taught me when I was starting my own business.
Whilst accountants know how to prepare a BALANCE SHEET… 95% don’t know how to read them. Interpreting balance sheets is the HARD bit. So, here are the first 3 things I look for w...
What is EBITDA? Here's everything you need to know about this confusing accounting word: https://t.co/uXqgPyZN34
X: "Fiverr and Upwork are too saturated, how do I find clients for my service" Me: Here are 7 websites that can help you to land your first client👇 (You'll wish you knew them ear...
I’ve built my career understanding and simplifying Financial Statements: • Accounting degree • Masters in Accounting • 10+ years as an SMB CFO • Reviewed 100s of Financials It's...
Cash flow is the ultimate measure in business. But no one looks at the Statement of Cash Flows because it’s confusing. Let me simplify it for you:
How to analyze a balance sheet: (without a background in finance or accounting)
When looking at Financial Statements, a common question is: How healthy is the business? Let's talk about the Balance Sheet:
Attention valuation fans: we have a new report out today on return on invested capital (ROIC). It updates and extends work from 2014. https://t.co/BH9XSScZcp
Cash isn’t king. Cash flow is king. To determine if a company’s cash flow is “king” you need to understand how the read the cash flow statement. I’ll show you how. Thread:
7 Financial Metrics every business owner should know:
CBDT has extended due date for filing of various reports of audit for the Assessment Year 2022-23 to 07/10/2022. #Extend_Due_Date_Immediately https://t.co/H3ZVipBmuF
Stop investing in companies without knowing how they make money I’ll show you how to read an income statement so you can find the most profitable companies in the market Thread...
A balance sheet is the best way to understand the internals of a company I’ll explain it in less than 2 minutes using the purchase of a house Thread:
Understanding terminologies of Balance Sheet Do you often get lost in the multiple heads of balance sheets?🤯 Find out how to analyze balance sheets in a simple way 🧵⤵️ #StockMar...
You only need 3 metrics to master your financials. Here they are: