How will the Silicon Valley Bank failure affect software engineers and tech startups? Find out why SVB got into trouble and what it means for the average programmer.

What is Estate Planning?

What are the elements and types of trust in estate planning?

This video provides an overview of piercing the corporate veil. An attempt to pierce the corporate veil is a legal action attacking the personal liability protection afforded by a limited liability entity. The objective is to disregard...

This video provides an overview of potential personal liability of members of an LLC. For more free business resources, visit JMG | TheBusinessProfess (www.TheBusinessProfessor.com).

This video provides an overview of the limited partnership. For more free business resources, visit JMG | TheBusinessProfess (www.TheBusinessProfessor.com).

This video provides an overview of the limited liability company or LLC.

Professor AJ Kooti explains how to Account for Current Liabilities in Accounting as part of his financial accounting course series.

Key Concepts to Understand Bankruptcy Process

What Is Judgment Proof? Judgment proof is a description of a person who does not have enough assets for a creditor to seize when a court order requires debt repayment. A debtor who is broke and unemployed can be considered judgment...

The best metric for determining the performance of an investment center is ROI or Return on investment.

In this video, the teacher explains the concept of lump-sum purchases, which occur when multiple assets are purchased in a single transaction. They discuss how to allocate the cost of the purchase among the different types of assets...

Limited Liability Business Entity

In this video, we explore the concept of intestacy laws, which come into play when someone passes away without a will or declaration of intent regarding the distribution of their assets. The video explains how state laws determine the...

Long-Term Assets (Plant Assets) - Financial Accounting

In this video, we delve into the concept of goodwill and how it is measured in accounting. Join us as we explore the various factors that contribute to the calculation of goodwill, including the consideration paid for an asset or...

In this informative video, we dive into the concept of residual income. The host breaks down the definition and importance of residual income in various scenarios, particularly in finance and equity valuation. They explain the...

GAAP outlines the specific procedure by which you record bond issuances on the balance sheet and income statements. Notably, you must account for bond issuance costs as part of the process.

This Video Explains Racketeer Influenced and Corrupt Organization Act RICO

Work in progress inventory moves from the balance sheet to the income statement. It impacts product costing as a Cost of Good Sold.

What is the Process for Shutting Down a Business? This depends on the type of entity and whether the business has outstanding debts and creditors.

Pro Forma Financial Statements or Pro Forma are used to project the peformance of a business or project. This video explains how to create pro forma financial statements - namely the balance sheet, income statement, and cash flow statement.

Principals for Internal Controls - Financial Accounting

Primary Participants in Bankruptcy Process