Here is the link to the giveaways we promised:
https://drive.google.com/drive/folders/1DuQosQJ9xdRttnCJdLo_-MRtNzm046av
https://drive.google.com/drive/folders/1DuQosQJ9xdRttnCJdLo_-MRtNzm046av
SkillArbitrage Finance Professionals
@finprofessionals
SkillArbitrage Finance Professionals (English)
Are you interested in finance and looking to enhance your skills in this field? Look no further than the SkillArbitrage Finance Professionals Telegram channel! This channel is dedicated to providing valuable resources, tips, and insights for finance professionals and enthusiasts. Who is it? SkillArbitrage Finance Professionals is a community of finance professionals, experts, and enthusiasts who come together to share knowledge and expertise in the field of finance. Whether you are a seasoned finance professional or just starting out in the industry, this channel is the perfect place to learn, grow, and connect with like-minded individuals. What is it? SkillArbitrage Finance Professionals is a Telegram channel that offers a wide range of content related to finance, including articles, videos, webinars, and discussions on various finance topics. From investment strategies to financial analysis, from risk management to portfolio diversification, this channel covers it all. If you want to stay updated on the latest trends and developments in the finance industry, as well as gain valuable insights and tips from industry experts, then be sure to join the SkillArbitrage Finance Professionals Telegram channel today. Don't miss out on this opportunity to expand your knowledge and network with fellow finance professionals. Join now and take your finance skills to the next level!
SkillArbitrage Finance Professionals
11 Feb, 14:43
Here are some FREE GIVEAWAYS for you so that you take your first step towards getting US Jobs and Freelance Gigs
List ๐ of free Giveaways ๐๐ป:
1๏ธโฃ What is an MIS and how to create one
2๏ธโฃ Tax Computation
3๏ธโฃ Overview of Taxation System in the US
4๏ธโฃ How to register for sales tax in Texas
Join our free bootcamp on "How Indian Accounting & Bookkeeping Professionals can Get US Jobs and Freelance Gigs."
Set up an alarm now for 8th March, 2025 at 7 PM (IST).
Register now, if you haven't already:
https://skillarbitra.ge/commerce-students-jobs-and-internships-bootcamp?p_source=tele_warm
โฌ๏ธโฌ๏ธโฌ๏ธโฌ๏ธโฌ๏ธโฌ๏ธโฌ๏ธโฌ๏ธ
List ๐ of free Giveaways ๐๐ป:
1๏ธโฃ What is an MIS and how to create one
2๏ธโฃ Tax Computation
3๏ธโฃ Overview of Taxation System in the US
4๏ธโฃ How to register for sales tax in Texas
Join our free bootcamp on "How Indian Accounting & Bookkeeping Professionals can Get US Jobs and Freelance Gigs."
Set up an alarm now for 8th March, 2025 at 7 PM (IST).
Register now, if you haven't already:
https://skillarbitra.ge/commerce-students-jobs-and-internships-bootcamp?p_source=tele_warm
โฌ๏ธโฌ๏ธโฌ๏ธโฌ๏ธโฌ๏ธโฌ๏ธโฌ๏ธโฌ๏ธ
SkillArbitrage Finance Professionals
13 Jan, 12:15
Today is an incredibly important day for youโ๏ธ
We will discuss how you can work with US startups and clients as an Indian accountant or bookkeeper.
If you missed Day 1 and Day 2, donโt worryโitโs perfectly fine! Today still holds significant value for you.
Watch this video for a quick recap and todayโs agenda, which will help you skyrocket your career.
https://www.youtube.com/watch?v=hXhsNEBJj7k
Donโt miss out! Join us LIVE today at 7 PM.
We will discuss how you can work with US startups and clients as an Indian accountant or bookkeeper.
If you missed Day 1 and Day 2, donโt worryโitโs perfectly fine! Today still holds significant value for you.
Watch this video for a quick recap and todayโs agenda, which will help you skyrocket your career.
https://www.youtube.com/watch?v=hXhsNEBJj7k
Donโt miss out! Join us LIVE today at 7 PM.
SkillArbitrage Finance Professionals
13 Jan, 11:10
Missed yesterday's session? ๐คฏ
Donโt worry - the recap PDF is here to give you a sneak peek into the powerful insights we shared on Day 1 & 2 of our Bootcamp!
https://drive.google.com/file/d/1MDgnQp2AplhBsAUIrpJcDqgvUZdsGLfr/view?usp=drive_link
๐ฅ Donโt miss out! Today at 7 PM.
Donโt worry - the recap PDF is here to give you a sneak peek into the powerful insights we shared on Day 1 & 2 of our Bootcamp!
https://drive.google.com/file/d/1MDgnQp2AplhBsAUIrpJcDqgvUZdsGLfr/view?usp=drive_link
๐ฅ Donโt miss out! Today at 7 PM.
SkillArbitrage Finance Professionals
12 Jan, 10:32
Missed yesterday's session? ๐คฏ
Donโt worry - the recap PDF is here to give you a sneak peek into the powerful insights we shared on Day 1 of our Bootcamp!
https://drive.google.com/file/d/1TF1JcLC6Z6aXrJx9nXL0ydoI6_a2PXcd/view?usp=drive_link
๐ฅ Donโt miss out! Today at 7 PM. We'll share a 6-month plan to help you build your own consulting business on a risk-free basis.
Donโt worry - the recap PDF is here to give you a sneak peek into the powerful insights we shared on Day 1 of our Bootcamp!
https://drive.google.com/file/d/1TF1JcLC6Z6aXrJx9nXL0ydoI6_a2PXcd/view?usp=drive_link
๐ฅ Donโt miss out! Today at 7 PM. We'll share a 6-month plan to help you build your own consulting business on a risk-free basis.
SkillArbitrage Finance Professionals
11 Jan, 13:45
๐ฅ๐ฅ๐ฅ WE ARE LIVE ๐ฅ๐ฅ๐ฅ
โ๏ธYou can still Joinโ๏ธ
Here is your Joining Link: https://us06web.zoom.us/webinar/register/7017365977732/WN_fqogBAhxR_u8GrQ_LGmP1w
Webinar ID: 828 9417 9410
Webinar Passcode: 860796
โ๏ธYou can still Joinโ๏ธ
Here is your Joining Link: https://us06web.zoom.us/webinar/register/7017365977732/WN_fqogBAhxR_u8GrQ_LGmP1w
Webinar ID: 828 9417 9410
Webinar Passcode: 860796
SkillArbitrage Finance Professionals
11 Jan, 13:15
๐ฅ๐ฅ๐ฅ 15 Mins Left ๐ฅ๐ฅ๐ฅ
โ๏ธJOIN RIGHT AWAYโ๏ธ
Here is your Joining Link: https://us06web.zoom.us/webinar/register/7017365977732/WN_fqogBAhxR_u8GrQ_LGmP1w
Webinar ID: 828 9417 9410
Webinar Passcode: 860796
โ๏ธJOIN RIGHT AWAYโ๏ธ
Here is your Joining Link: https://us06web.zoom.us/webinar/register/7017365977732/WN_fqogBAhxR_u8GrQ_LGmP1w
Webinar ID: 828 9417 9410
Webinar Passcode: 860796
SkillArbitrage Finance Professionals
10 Jan, 16:15
Join us live, in a free, 3-day live, online bootcamp where we will show how you can earn 5x more by working for international clients.
We will teach skills for free that are not available anywhere else, not even in paid courses.
Set a reminder on your calendar to attend live.
Register now, if you haven't already:
https://skillarbitra.ge/commerce-students-jobs-and-internships-bootcamp?p_source=tele_warm
We will teach skills for free that are not available anywhere else, not even in paid courses.
Set a reminder on your calendar to attend live.
Register now, if you haven't already:
https://skillarbitra.ge/commerce-students-jobs-and-internships-bootcamp?p_source=tele_warm
SkillArbitrage Finance Professionals
10 Jan, 16:01
Indian accounting and finance professionals: Transform Your Career by Becoming an Enrolled Agent of the IRS.
Watch this video to learn howโ๏ธ
https://youtu.be/n3nYLqUuWJQ
Watch this video to learn howโ๏ธ
https://youtu.be/n3nYLqUuWJQ
SkillArbitrage Finance Professionals
10 Jan, 14:01
You can achieve this too.
Would you like to learn how you can create similar opportunities for yours.
Join us live, in a free, 3-day live, online bootcamp where we will show how you can earn 5x more by working for international clients.
We will teach skills for free that are not available anywhere else, not even in paid courses.
Set a reminder on your calendar to attend live.
Register now, if you haven't already:
https://skillarbitra.ge/commerce-students-jobs-and-internships-bootcamp?p_source=tele_warm
Would you like to learn how you can create similar opportunities for yours.
Join us live, in a free, 3-day live, online bootcamp where we will show how you can earn 5x more by working for international clients.
We will teach skills for free that are not available anywhere else, not even in paid courses.
Set a reminder on your calendar to attend live.
Register now, if you haven't already:
https://skillarbitra.ge/commerce-students-jobs-and-internships-bootcamp?p_source=tele_warm
SkillArbitrage Finance Professionals
10 Jan, 13:45
Anjali Runwal, a 2022 B.Com graduate from Indore.
She is not a CA but wanted to work in accounting and finance for international clients.
In May 2023, she joined our bootcamp and learnt outreach strategies.
Implementing these strategies, she secured a full-time remote job as a financial analyst with a US-based client expanding into Dubai.
Her performance was so good that she received a 200% salary increase in three months.
She is not a CA but wanted to work in accounting and finance for international clients.
In May 2023, she joined our bootcamp and learnt outreach strategies.
Implementing these strategies, she secured a full-time remote job as a financial analyst with a US-based client expanding into Dubai.
Her performance was so good that she received a 200% salary increase in three months.
SkillArbitrage Finance Professionals
10 Jan, 13:31
In March 2024, she got four long-term US clients.
Each client pays her USD 1000 monthly.
That's USD 4000 per month working remotely!
She established her own company, LedgerLine.
Now she has a team of 3-4 people.
She earns three times more than before.
Each client pays her USD 1000 monthly.
That's USD 4000 per month working remotely!
She established her own company, LedgerLine.
Now she has a team of 3-4 people.
She earns three times more than before.
SkillArbitrage Finance Professionals
10 Jan, 13:15
Meet Priya Jain.
She started as a fresh accounting professional in 2022.
She wanted to increase her income. In November 2023, she started working with US clients. She began with Indian businesses who had US operations. This built her confidence to work with US clients directly.
Work started coming from the Philippines, US, and UK.
She learned US tax compliance, IRS work, LLC formations, EIN registrations, ITIN applications. and business setup.
She started as a fresh accounting professional in 2022.
She wanted to increase her income. In November 2023, she started working with US clients. She began with Indian businesses who had US operations. This built her confidence to work with US clients directly.
Work started coming from the Philippines, US, and UK.
She learned US tax compliance, IRS work, LLC formations, EIN registrations, ITIN applications. and business setup.
SkillArbitrage Finance Professionals
10 Jan, 13:04
Currently, he works just around 3 hours daily.
Through Upwork alone, he has earned USD 900.
Through Upwork alone, he has earned USD 900.
SkillArbitrage Finance Professionals
10 Jan, 12:45
In two months, he was ready to enter the global market.
Our team helped him create his Upwork profile.
He learned how to communicate with international clients and write proposals.
In another month, he landed his first US client.
He did auditing work for the client that earned him USD 130.
But that was just the beginning.
By month's end, he had three clients.
Today, he works with 13 clients from the US, Canada, and Japan.
One client was so impressed, they gave him two more projects and a long-term role.
Our team helped him create his Upwork profile.
He learned how to communicate with international clients and write proposals.
In another month, he landed his first US client.
He did auditing work for the client that earned him USD 130.
But that was just the beginning.
By month's end, he had three clients.
Today, he works with 13 clients from the US, Canada, and Japan.
One client was so impressed, they gave him two more projects and a long-term role.
SkillArbitrage Finance Professionals
10 Jan, 12:34
Meet Subham Jain.
He is a 2020 B.Com graduate from Nalbari, a small town in Assam, who had the same doubts.
He was doing a job, following the traditional career path.
But he wanted more.
He quit his job to explore freelancing.
In February 2024, he took the first step - learning QuickBooks and essential accounting skills, after joining us.
He is a 2020 B.Com graduate from Nalbari, a small town in Assam, who had the same doubts.
He was doing a job, following the traditional career path.
But he wanted more.
He quit his job to explore freelancing.
In February 2024, he took the first step - learning QuickBooks and essential accounting skills, after joining us.
SkillArbitrage Finance Professionals
10 Jan, 12:15
She works 4-5 hours alongside her studies, depending on the client requirement.
She earns $30 per hour.
She has already earned $1000+ on Upwork.
She earns $30 per hour.
She has already earned $1000+ on Upwork.
SkillArbitrage Finance Professionals
10 Jan, 12:00
Bhavana Patel is a final-year B.Com student from Surat.
She struggled on Upwork initially. She got rejected multiple times.
In July 2024, she joined our bootcamp and opted for our professional assistance.
She took one-on-one mentoring sessions with our team and in August 2024, she got her first client based in the UK.
She does bookkeeping, accounting, and taxation for them.
She struggled on Upwork initially. She got rejected multiple times.
In July 2024, she joined our bootcamp and opted for our professional assistance.
She took one-on-one mentoring sessions with our team and in August 2024, she got her first client based in the UK.
She does bookkeeping, accounting, and taxation for them.
SkillArbitrage Finance Professionals
10 Jan, 11:45
Within 2 months, he secured two long-term international clients for bookkeeping work.
His earnings reached USD 1,200 within 3 months of starting freelancing.
He worked only for 5 hours per day.
He is now dealing with the clients directly and earning more than USD 1200 per month.
He has hired 2 freelancers to scale up his freelancing business and is in the process of building his own team.
His earnings reached USD 1,200 within 3 months of starting freelancing.
He worked only for 5 hours per day.
He is now dealing with the clients directly and earning more than USD 1200 per month.
He has hired 2 freelancers to scale up his freelancing business and is in the process of building his own team.
SkillArbitrage Finance Professionals
10 Jan, 11:32
Within just two weeks, he landed his first client โ a UK-based accounting firm paying him USD 7 per hour for bookkeeping and accounting tasks.
That client referred him to six more clients whom he is working with directly (outside Upwork).
He didnโt even have to pitch to them!
A US-based client hired him at USD 10 per hour to prepare year-end financials for their tax preparer.
That client referred him to six more clients whom he is working with directly (outside Upwork).
He didnโt even have to pitch to them!
A US-based client hired him at USD 10 per hour to prepare year-end financials for their tax preparer.
SkillArbitrage Finance Professionals
10 Jan, 11:15
Meet Praveen Kumar, who graduated with a B.Com degree from Mohali in 2017. He doesnโt have a CA degree.
He was working with an Indian company as a finance associate.
He wanted to increase his earnings.
In December 2023, he decided to quit his job to start freelancing and sought our assistance.
He attended our bootcamp and learnt a few high-demand skills, how to create an effective Upwork profile and how to send proposals.
He was working with an Indian company as a finance associate.
He wanted to increase his earnings.
In December 2023, he decided to quit his job to start freelancing and sought our assistance.
He attended our bootcamp and learnt a few high-demand skills, how to create an effective Upwork profile and how to send proposals.
SkillArbitrage Finance Professionals
10 Jan, 11:03
Here is a list of some of our learners exploiting such opportunities and earning thousands of dollars: ๐ต
SkillArbitrage Finance Professionals
09 Jan, 14:14
Join us live, in a free, 3-day live, online bootcamp where we will show how you can earn 5x more by working for international clients.
We will teach skills for free that are not available anywhere else, not even in paid courses.
Set a reminder on your calendar to attend live.
Register now, if you haven't already:
https://skillarbitra.ge/commerce-students-jobs-and-internships-bootcamp?p_source=tele_warm
We will teach skills for free that are not available anywhere else, not even in paid courses.
Set a reminder on your calendar to attend live.
Register now, if you haven't already:
https://skillarbitra.ge/commerce-students-jobs-and-internships-bootcamp?p_source=tele_warm
SkillArbitrage Finance Professionals
09 Jan, 14:05
The power of remote work for finance professionals
https://youtu.be/hZUvrUzFoIs
Discover the power of remote work in shaping your financial career. Explore opportunities, envision your future, and embrace freedom.
https://youtu.be/hZUvrUzFoIs
Discover the power of remote work in shaping your financial career. Explore opportunities, envision your future, and embrace freedom.
SkillArbitrage Finance Professionals
03 Jan, 07:03
Do you want to learn how you can grab such job roles remotely for US clients and earn 3x-5x more than any average accountant in Indiaโ
Join our FREE, online bootcamp on January 11, 12 and 13, from 7 PM to 10 PM (IST) each day.
Register now, if you haven't already:
https://skillarbitra.ge/commerce-students-jobs-and-internships-bootcamp?p_source=tele_warm
Join our FREE, online bootcamp on January 11, 12 and 13, from 7 PM to 10 PM (IST) each day.
Register now, if you haven't already:
https://skillarbitra.ge/commerce-students-jobs-and-internships-bootcamp?p_source=tele_warm
SkillArbitrage Finance Professionals
03 Jan, 06:45
3. Online Tax Preparer: During tax season, many people in the US need help preparing their tax returns. You can provide this service remotely by becoming an online tax preparer. You can do this for individuals as well as US corporations.
4. Remote Financial Analyst: A financial analyst provides financial advice and guidance to businesses and individuals. Many financial analysts work remotely, analyzing financial data and providing recommendations via video conference or email.
5. Virtual CFO: A virtual CFO provides financial management services to small businesses, startups, and entrepreneurs.
4. Remote Financial Analyst: A financial analyst provides financial advice and guidance to businesses and individuals. Many financial analysts work remotely, analyzing financial data and providing recommendations via video conference or email.
5. Virtual CFO: A virtual CFO provides financial management services to small businesses, startups, and entrepreneurs.
SkillArbitrage Finance Professionals
03 Jan, 06:32
These are the top 5 roles Indian accountants can grab and execute remotely for US startups and SMEs:
1. Virtual Bookkeeper: SMEs and startups in the US need bookkeepers to manage their financial records remotely.
2. Remote Accounting Clerk: An accounting clerk performs basic accounting tasks such as data entry, accounts payable and receivable, track cash flow, profit and loss, prepare reports and process payroll.
1. Virtual Bookkeeper: SMEs and startups in the US need bookkeepers to manage their financial records remotely.
2. Remote Accounting Clerk: An accounting clerk performs basic accounting tasks such as data entry, accounts payable and receivable, track cash flow, profit and loss, prepare reports and process payroll.
SkillArbitrage Finance Professionals
03 Jan, 06:09
Top 5 roles Indian accountants can fill remotely for US startups
The accounting & bookkeeping market has a huge demand for Indian professionals.
They are efficient, their services cost much less, theyโre quick to learn and eager to please.
The accounting & bookkeeping market has a huge demand for Indian professionals.
They are efficient, their services cost much less, theyโre quick to learn and eager to please.
SkillArbitrage Finance Professionals
30 Dec, 14:40
Do you want to learn how to get started with pitching to US clientsโ
Make sure you come to attend our free, live online bootcamp over 3 days: January 11-13, 7-10 PM IST to receive a step-by-step roadmap.
You could start networking with US clients on the side from next week itself.
The bootcamp is online and you can join from anywhere.
No recordings will be provided.
Register now, if you haven't already:
https://skillarbitra.ge/commerce-students-jobs-and-internships-bootcamp?p_source=tele_warm
Make sure you come to attend our free, live online bootcamp over 3 days: January 11-13, 7-10 PM IST to receive a step-by-step roadmap.
You could start networking with US clients on the side from next week itself.
The bootcamp is online and you can join from anywhere.
No recordings will be provided.
Register now, if you haven't already:
https://skillarbitra.ge/commerce-students-jobs-and-internships-bootcamp?p_source=tele_warm
SkillArbitrage Finance Professionals
30 Dec, 14:25
Narender V, (March 2023 batch) a 2020 qualified CA secured a job as an associate at PwC in June 2023.
SkillArbitrage Finance Professionals
30 Dec, 14:15
Ashwath Nagarajan, (October 2022 batch) a 2021 qualified CA secured a job as an assistant manager at Deloitte in March 2023 dealing with financial analysis and reporting.
SkillArbitrage Finance Professionals
30 Dec, 14:05
Prem Shrimali, (September 2022 batch) a 2021 qualified CA secured a job as an associate at PwC in March 2024 dealing with financial, tax and regulatory services.
SkillArbitrage Finance Professionals
30 Dec, 13:55
Umang Bansal, (September 2023 batch) a recently qualified CA secured a job as a deputy manager at Deloitte in March 2024.
SkillArbitrage Finance Professionals
30 Dec, 13:45
Animesh Goyal, (February 2023 batch) a 2023 qualified CA secured a job as an associate 2 in PwC in October 2023 dealing with taxation, accounts, and financial statement preparations.
SkillArbitrage Finance Professionals
30 Dec, 13:35
Here are examples of Skill Arbitrage Alumni who got jobs with Big 4
SkillArbitrage Finance Professionals
30 Dec, 13:31
They can also get a job with a top CA firm that has good clientele as many fast growing Indian companies in the new economy are starting US entities and need help with US accounting, US tax filing, US compliances.
As you get such experiences, it also becomes possible to get physical or remote jobs abroad.
Want to get Big 4 jobs in India or US remote jobsโ
Learn US accounting immediately.
And no, doing CPA is not the minimum requirement. It takes a long time and a lot of effort to clear the CPA exam, and you can do it later. First, get that job, get those clients, and start making money. Acquire the low hanging fruits before aiming higher.
As you get such experiences, it also becomes possible to get physical or remote jobs abroad.
Want to get Big 4 jobs in India or US remote jobsโ
Learn US accounting immediately.
And no, doing CPA is not the minimum requirement. It takes a long time and a lot of effort to clear the CPA exam, and you can do it later. First, get that job, get those clients, and start making money. Acquire the low hanging fruits before aiming higher.
SkillArbitrage Finance Professionals
30 Dec, 13:15
If you pick the right strategies, you can get your first client in just 20 days.
In 20 months, you can have your own consulting firm.
The goal is not merely to keep slogging forever, for 10 or 20 years to the reach the prime of your career. You can produce big results and reach the prime of your career with velocity thanks to the Pareto Principle!
What if you are not cut out for doing consulting business? If you fail to get clients will all these efforts be wasted?
Not at allโ๏ธ
Some of our students donโt like to do business, chase clients, build personal brand etc.
They learn US accounting and simply get a better-paying job from Big 4.
In 20 months, you can have your own consulting firm.
The goal is not merely to keep slogging forever, for 10 or 20 years to the reach the prime of your career. You can produce big results and reach the prime of your career with velocity thanks to the Pareto Principle!
What if you are not cut out for doing consulting business? If you fail to get clients will all these efforts be wasted?
Not at allโ๏ธ
Some of our students donโt like to do business, chase clients, build personal brand etc.
They learn US accounting and simply get a better-paying job from Big 4.
SkillArbitrage Finance Professionals
30 Dec, 13:01
Each of these skills can open a door for earning for you. But with all 20, you will be in a really awesome position. So please make sure you have a list of these 20 skills. If you missed it, make sure you join our Telegram channel for US accounting aspirants.
If you can identify the 20% then you can avoid the rest, focus all your resources on the few things to learn and make progress much faster than those who do not know about or follow Pareto Principle.
Remember this is true not only for learning skills.
If you pick the right skills, 20 are enough to launch your international career.
If you pick the right clients, 20 are enough to give you financial freedom.
If you can identify the 20% then you can avoid the rest, focus all your resources on the few things to learn and make progress much faster than those who do not know about or follow Pareto Principle.
Remember this is true not only for learning skills.
If you pick the right skills, 20 are enough to launch your international career.
If you pick the right clients, 20 are enough to give you financial freedom.
SkillArbitrage Finance Professionals
30 Dec, 12:45
Skill Arbitrage applies Pareto Principle to skill education. We start with the assumption that there are 20 tasks that professionals need to do 80 or 90% of the time.
If we can teach beginners to master these 20 tasks really well, they will stand out from all competition unless the rest of the people also put in the same focused effort. In interviews, in trial tasks, in internships, these people who mastered the Pareto Principle based 20 tasks will win every single time and come across as much more impressive.
The secret to our success is identifying these 20 tasks carefully based on our industry research, interviews with employers and studying freelancer platforms.
If we can teach beginners to master these 20 tasks really well, they will stand out from all competition unless the rest of the people also put in the same focused effort. In interviews, in trial tasks, in internships, these people who mastered the Pareto Principle based 20 tasks will win every single time and come across as much more impressive.
The secret to our success is identifying these 20 tasks carefully based on our industry research, interviews with employers and studying freelancer platforms.
SkillArbitrage Finance Professionals
30 Dec, 12:30
How did we come up with this list of 20 skillsโ
Have you heard of Pareto Principle? It is very powerful - also known as the 80-20 rule. It has been seen that 20% of effort usually produces 80% of the results. 20% of people own 80% of the wealth. 20% of the companies in the industry corner 80% of the profits earned and so on. 20% of the ads get 80% of the customers.
In some cases things can get even more extreme and 5% of the effort produces 95% of the result. Only 5% of the artists sell 95% of the art. 5% top sports professionals get 95% of the sponsorships from brands. 5% of the startup investments produce 95% returns of VCs etc.
Have you heard of Pareto Principle? It is very powerful - also known as the 80-20 rule. It has been seen that 20% of effort usually produces 80% of the results. 20% of people own 80% of the wealth. 20% of the companies in the industry corner 80% of the profits earned and so on. 20% of the ads get 80% of the customers.
In some cases things can get even more extreme and 5% of the effort produces 95% of the result. Only 5% of the artists sell 95% of the art. 5% top sports professionals get 95% of the sponsorships from brands. 5% of the startup investments produce 95% returns of VCs etc.
SkillArbitrage Finance Professionals
30 Dec, 12:15
๐บ How to account for leases
๐บ How to account for fixed assets - Property, Plant and Equipment (ASC 360)
๐บ How to prepare a Statement of Cash Flows
๐บ How to prepare a financial dashboard/MIS to measure key metrics
๐บ How to prepare a use-of-funds plan for investors
๐บ How to calculate unit economics, profitability, CAC, ARPU and EBIDTA
๐บ How to prepare a cap table for investors
๐บ How to account for fixed assets - Property, Plant and Equipment (ASC 360)
๐บ How to prepare a Statement of Cash Flows
๐บ How to prepare a financial dashboard/MIS to measure key metrics
๐บ How to prepare a use-of-funds plan for investors
๐บ How to calculate unit economics, profitability, CAC, ARPU and EBIDTA
๐บ How to prepare a cap table for investors
SkillArbitrage Finance Professionals
30 Dec, 12:01
These 10 skills are already enough to get a job or serve many clients immediately. However, you should continue to learn 10 more important and advanced skills:
๐บ How to do different kinds of financial reporting for private investors
๐บ How to account for Inventories in a practical scenario - manufacturing, assembling or processing businesses (ASC 330)
๐บ How to calculate and report Earnings Per Share (including disclosure requirements) (ASC 260)
๐บ How to do different kinds of financial reporting for private investors
๐บ How to account for Inventories in a practical scenario - manufacturing, assembling or processing businesses (ASC 330)
๐บ How to calculate and report Earnings Per Share (including disclosure requirements) (ASC 260)
SkillArbitrage Finance Professionals
30 Dec, 11:45
๐ Accounting treatment of tangible and intangible property including IP and goodwill
๐ Foreign currency accounting for cross-border transactions
๐ How to prepare annual operating plan, capex, opex and budgeting
๐ How to prepare financial models and plans, projections
๐ How to use Xero and Wave for startup and SME accounting
๐ Foreign currency accounting for cross-border transactions
๐ How to prepare annual operating plan, capex, opex and budgeting
๐ How to prepare financial models and plans, projections
๐ How to use Xero and Wave for startup and SME accounting
SkillArbitrage Finance Professionals
30 Dec, 11:30
Here is a list of 20 skills
๐ How to prepare general purpose financial statements under US GAAP: Balance Sheet, Profit and Loss Account, Statement Of Changes in Equity (SOCE)
๐ How to formalise and regularise bookkeeping and accounting work for a US startup using Quickbooks
๐ How to create a robust invoicing and recovery process for a startup to maximise timely payments/reduce cash cycle
๐ How to prepare and enforce financial controls
๐ How to stay on track with tax reporting
๐ How to prepare general purpose financial statements under US GAAP: Balance Sheet, Profit and Loss Account, Statement Of Changes in Equity (SOCE)
๐ How to formalise and regularise bookkeeping and accounting work for a US startup using Quickbooks
๐ How to create a robust invoicing and recovery process for a startup to maximise timely payments/reduce cash cycle
๐ How to prepare and enforce financial controls
๐ How to stay on track with tax reporting
SkillArbitrage Finance Professionals
30 Dec, 11:15
However, when you can learn US accounting skills and get opportunities in just 6 months , it does not make sense to start by aiming at CPA or ACCA as the first step. It should only come later.
๐บ Figure out where your skills will get maximum value
๐บ How can you establish credibility and trust in that market
๐บ How can you have inbound services requests
๐บ Figure out where your skills will get maximum value
๐บ How can you establish credibility and trust in that market
๐บ How can you have inbound services requests
SkillArbitrage Finance Professionals
30 Dec, 11:10
If you know US GAAP and operate softwares like Quickbooks, Zohobooks, Xero or Wave, you can already start working with US clients and earn around 2 lakhs per month if you become a successful freelancer, or land jobs in India with big 4 that pays above 1 lakh per month already, without any CPA qualification
Of course, when you are already earning well and want even more growth, you can choose to get your CPA at that time.
Of course, when you are already earning well and want even more growth, you can choose to get your CPA at that time.
SkillArbitrage Finance Professionals
30 Dec, 11:02
20 skills for remote US accounting jobs
What skills should I learn to get US accounting, finance or tax jobs remotelyโ
It is not hard to learn US accounting and you certainly do not have to clear some tough exam like CPA or ACCA to get started
Most people take 3-4 years to clear such exams, no matter what the coaching centres claim.
You can get the same jobs and same clients even without CPA qualification.
It sounds crazy but true.
What skills should I learn to get US accounting, finance or tax jobs remotelyโ
It is not hard to learn US accounting and you certainly do not have to clear some tough exam like CPA or ACCA to get started
Most people take 3-4 years to clear such exams, no matter what the coaching centres claim.
You can get the same jobs and same clients even without CPA qualification.
It sounds crazy but true.
SkillArbitrage Finance Professionals
11 Nov, 13:01
Want to know how you can do this tooโ
Make sure you do not miss our live, online, free bootcamp on How Indian Accounting & Bookkeeping Professionals can Get US Jobs and Freelance Gigs Today, from 7-10 pm.
Make sure you do not miss our live, online, free bootcamp on How Indian Accounting & Bookkeeping Professionals can Get US Jobs and Freelance Gigs Today, from 7-10 pm.
SkillArbitrage Finance Professionals
11 Nov, 12:20
An Accounting project where you can earn $6 to $12 (Rs 500 to 1,000) per hour.
SkillArbitrage Finance Professionals
11 Nov, 12:15
Here is another project where the person is ready to pay $500 (more than Rs 41,400) for this project.
SkillArbitrage Finance Professionals
11 Nov, 12:10
You can earn $15 (Rs 1240) per hour for this Bookkeeping project.
SkillArbitrage Finance Professionals
11 Nov, 12:05
Here are few projects currently available on Upwork around the skill we will teach for free in our bootcamp:
SkillArbitrage Finance Professionals
11 Nov, 11:55
Do you know how much freelancers can charge for such work?
Join our FREE bootcamp TODAY, 7-10 pm where we will show how to work remotely with world-defining international startups as a bookkeeping, accounting & finance professional.
Join our FREE bootcamp TODAY, 7-10 pm where we will show how to work remotely with world-defining international startups as a bookkeeping, accounting & finance professional.
SkillArbitrage Finance Professionals
11 Nov, 11:41
We have been sending you case studies of accounting professionals from India earning 1000s of dollars working on freelance platforms like Upwork & through remote international opportunities.
That too by learning a few skills within a short span of time.
Even you can learn these skills & start working for Indian startups & international clients.
Today we will teach some of such skills for free in our bootcamp like:
๐ How to use US Accounting Software such as Quickbooks or Wave
๐ Checklist for preparation of federal tax returns for US individuals
& much more!
Don't worry if you missed the Day 1 or 2, here is a quick recap: https://bit.ly/D12A3
That too by learning a few skills within a short span of time.
Even you can learn these skills & start working for Indian startups & international clients.
Today we will teach some of such skills for free in our bootcamp like:
๐ How to use US Accounting Software such as Quickbooks or Wave
๐ Checklist for preparation of federal tax returns for US individuals
& much more!
Don't worry if you missed the Day 1 or 2, here is a quick recap: https://bit.ly/D12A3
SkillArbitrage Finance Professionals
10 Nov, 12:40
Watch this video and come prepared to the bootcamp at 7 PM sharp!
SkillArbitrage Finance Professionals
10 Nov, 12:11
Missed Day 1โ
Hereโs a quick recap for you: https://drive.google.com/file/d/1rB1k13oZkNAeIpbDLHoVOlELzHPjF4kC/view?usp=drive_link
Don't forget to join us today at 7 PM for Day 2, where we will teach you high-demand skills and provide a 6-month roadmap to secure international jobs and clients.
Hereโs a quick recap for you: https://drive.google.com/file/d/1rB1k13oZkNAeIpbDLHoVOlELzHPjF4kC/view?usp=drive_link
Don't forget to join us today at 7 PM for Day 2, where we will teach you high-demand skills and provide a 6-month roadmap to secure international jobs and clients.
SkillArbitrage Finance Professionals
10 Nov, 10:49
Don't worry if you missed our session yesterday!
Today's session is going to be even more power-packed with amazing new skills! ๐ฏ
So don't forget to join our bootcamp TODAY (10 November) at 7 PM sharp.
Today's session is going to be even more power-packed with amazing new skills! ๐ฏ
So don't forget to join our bootcamp TODAY (10 November) at 7 PM sharp.
SkillArbitrage Finance Professionals
10 Nov, 04:41
SkillArbitrage Finance Professionals pinned ยซยป
SkillArbitrage Finance Professionals
09 Nov, 12:44
Would you like to learn such skills and work with international clients?
Would you like the roadmap that Dushyant followed?
Join us live, in a free, online bootcamp today at 7 PM IST where we will show how you can earn 5x more by working for international clients.
We will teach skills for free that are not available anywhere else, not even in paid courses.
See you there.
Would you like the roadmap that Dushyant followed?
Join us live, in a free, online bootcamp today at 7 PM IST where we will show how you can earn 5x more by working for international clients.
We will teach skills for free that are not available anywhere else, not even in paid courses.
See you there.
SkillArbitrage Finance Professionals
09 Nov, 11:53
He now have 15 international clients in his client base, with two of them as retainers.
He provides professional services in accounting, bookkeeping, and US taxation.
He's earned over USD 1,500 while working just one hour per day.
He is doing accounting and finance work on the side and earns close to USD 500-600.
This is his side earning.
He continues to build his presence on LinkedIn, Upwork, and Fiverr, consistently attracting new clients.
You can do it too, depending on your time availability.
Just learn the skills accounting and bookkeeping skills that are highly sought after in the international market.
He provides professional services in accounting, bookkeeping, and US taxation.
He's earned over USD 1,500 while working just one hour per day.
He is doing accounting and finance work on the side and earns close to USD 500-600.
This is his side earning.
He continues to build his presence on LinkedIn, Upwork, and Fiverr, consistently attracting new clients.
You can do it too, depending on your time availability.
Just learn the skills accounting and bookkeeping skills that are highly sought after in the international market.
SkillArbitrage Finance Professionals
09 Nov, 11:46
He was looking forward to start his career remotely with international clients.
He joined our bootcamp in May 2023.
He learnt accounting and other compliance skills.
As per our guidance, he created his profiles on Upwork, Fiverr, and LinkedIn in August 2023.
He started his outreach and within a month, he secured his first US client for DBA filing for USD 15.
Since then, he has completed multiple DBA filing projects for US-based clients.
He joined our bootcamp in May 2023.
He learnt accounting and other compliance skills.
As per our guidance, he created his profiles on Upwork, Fiverr, and LinkedIn in August 2023.
He started his outreach and within a month, he secured his first US client for DBA filing for USD 15.
Since then, he has completed multiple DBA filing projects for US-based clients.
SkillArbitrage Finance Professionals
09 Nov, 11:43
Bhilai Based BCom Graduate Now Serves US Tax Clients
Dushyant Hirwani, a BCom graduate from Bhilai, was working as a client success manager in a company but got laid off.
Dushyant Hirwani, a BCom graduate from Bhilai, was working as a client success manager in a company but got laid off.
SkillArbitrage Finance Professionals
08 Nov, 17:39
๐ฅ On your demand ๐ฅ
Here is a video on how you can get US accounting or tax related jobs remotely.
https://youtu.be/3s9FhjbhgII?si=Rdn2aVtE7YUHAwBG
Here is a video on how you can get US accounting or tax related jobs remotely.
https://youtu.be/3s9FhjbhgII?si=Rdn2aVtE7YUHAwBG
SkillArbitrage Finance Professionals
07 Nov, 15:30
Watch this video to learn how to use XERO for accounting and bookkeeping.
https://youtu.be/_GSfG4zvglo
https://youtu.be/_GSfG4zvglo
SkillArbitrage Finance Professionals
07 Nov, 13:07
Watch this video to learn the difference between US GAAP and Indian Accounting Standards.
https://youtu.be/bhXv0jCG8yI
https://youtu.be/bhXv0jCG8yI
SkillArbitrage Finance Professionals
06 Nov, 14:00
He has hired 2 freelancers to scale up his freelancing business and is in the process of building his own team.
Would you like to learn how you can create similar opportunities for yourselfโ
Would you like the roadmap that Praveen followed?
Join us live, in a free, 3-day live, online bootcamp where we will show how you can earn 5x more by working for international clients.
We will teach skills for free that are not available anywhere else, not even in paid courses.
Set a reminder on your calendar to attend live.
Register now, if you haven't already:
https://skillarbitra.ge/commerce-students-jobs-and-internships-bootcamp?p_source=tele_warm
Would you like to learn how you can create similar opportunities for yourselfโ
Would you like the roadmap that Praveen followed?
Join us live, in a free, 3-day live, online bootcamp where we will show how you can earn 5x more by working for international clients.
We will teach skills for free that are not available anywhere else, not even in paid courses.
Set a reminder on your calendar to attend live.
Register now, if you haven't already:
https://skillarbitra.ge/commerce-students-jobs-and-internships-bootcamp?p_source=tele_warm
SkillArbitrage Finance Professionals
06 Nov, 13:45
His earnings reached USD 1,200 within 3 months of starting freelancing.
He worked only for 5 hours per day.
He is now dealing with the clients directly and earning more than USD 1200 per month.
He worked only for 5 hours per day.
He is now dealing with the clients directly and earning more than USD 1200 per month.
SkillArbitrage Finance Professionals
06 Nov, 13:30
Within just two weeks, he landed his first client โ a UK-based accounting firm paying him USD 7 per hour for bookkeeping and accounting tasks.
That client referred him to six more clients whom he is working with directly (outside Upwork).
He didnโt even have to pitch to themโ๏ธ
That is the magic of referrals.
The momentum kept building.
A US-based client hired him at USD 10 per hour to prepare year-end financials for their tax preparer.
Within 2 months, he secured two long-term international clients for bookkeeping work.
That client referred him to six more clients whom he is working with directly (outside Upwork).
He didnโt even have to pitch to themโ๏ธ
That is the magic of referrals.
The momentum kept building.
A US-based client hired him at USD 10 per hour to prepare year-end financials for their tax preparer.
Within 2 months, he secured two long-term international clients for bookkeeping work.
SkillArbitrage Finance Professionals
06 Nov, 13:14
How Mohali BCom grad earned $1200 in 3 months
Meet Praveen Kumar, who graduated with a B.Com degree from Mohali in 2017. He doesnโt have a CA degree.
He was working with an Indian company as a finance associate.
He wanted to increase his earnings.
In December 2023, he decided to quit his job to start freelancing and sought our assistance.
He attended our bootcamp and learnt a few high-demand skills, how to create an effective Upwork profile and how to send proposals.
He also sought our professional assistance.
Meet Praveen Kumar, who graduated with a B.Com degree from Mohali in 2017. He doesnโt have a CA degree.
He was working with an Indian company as a finance associate.
He wanted to increase his earnings.
In December 2023, he decided to quit his job to start freelancing and sought our assistance.
He attended our bootcamp and learnt a few high-demand skills, how to create an effective Upwork profile and how to send proposals.
He also sought our professional assistance.
SkillArbitrage Finance Professionals
05 Nov, 08:28
As an accountant, is Tally still your go-to?
It might be time to think bigger!
๐ฝ Check out this video to see how Zoho Books can make your life easier and help you earn 5x more by working with international clients.
https://www.youtube.com/watch?v=it-h4WoZ7bU
Join our FREE 3-day live bootcamp starting on 9th November, 7 PM IST.
Register now, if you haven't already:
https://skillarbitra.ge/commerce-students-jobs-and-internships-bootcamp?p_source=tele_warm
It might be time to think bigger!
๐ฝ Check out this video to see how Zoho Books can make your life easier and help you earn 5x more by working with international clients.
https://www.youtube.com/watch?v=it-h4WoZ7bU
Join our FREE 3-day live bootcamp starting on 9th November, 7 PM IST.
Register now, if you haven't already:
https://skillarbitra.ge/commerce-students-jobs-and-internships-bootcamp?p_source=tele_warm
SkillArbitrage Finance Professionals
17 Oct, 12:36
Here is the link to the giveaways we promised:
https://drive.google.com/drive/folders/1DuQosQJ9xdRttnCJdLo_-MRtNzm046av
https://drive.google.com/drive/folders/1DuQosQJ9xdRttnCJdLo_-MRtNzm046av
SkillArbitrage Finance Professionals
17 Oct, 12:36
Here are some FREE GIVEAWAYS for you so that you take your first step towards earning 3x-5x more than what you earn in India as an Accounting and Bookkeeping professional.
List๐ of free Giveaways ๐๐ป:
1๏ธโฃ Affidavit for publication of FBN - used to publish your trade name
2๏ธโฃ How to organize a Twitter space
3๏ธโฃ Introduction to Federal and State Taxes in the US
4๏ธโฃ Sample Operating Agreement for Multi-member LLCs
Join our free bootcamp on "How Indian Accounting & Bookkeeping Professionals can Get US Jobs and Freelance Gigs."
Set up an alarm now for 9th - 11th Nov 2024, 7-10pm (IST).
Register now, if you haven't already:
https://skillarbitra.ge/commerce-students-jobs-and-internships-bootcamp?p_source=tele_warm
โฌ๏ธโฌ๏ธโฌ๏ธโฌ๏ธโฌ๏ธโฌ๏ธโฌ๏ธโฌ๏ธ
List๐ of free Giveaways ๐๐ป:
1๏ธโฃ Affidavit for publication of FBN - used to publish your trade name
2๏ธโฃ How to organize a Twitter space
3๏ธโฃ Introduction to Federal and State Taxes in the US
4๏ธโฃ Sample Operating Agreement for Multi-member LLCs
Join our free bootcamp on "How Indian Accounting & Bookkeeping Professionals can Get US Jobs and Freelance Gigs."
Set up an alarm now for 9th - 11th Nov 2024, 7-10pm (IST).
Register now, if you haven't already:
https://skillarbitra.ge/commerce-students-jobs-and-internships-bootcamp?p_source=tele_warm
โฌ๏ธโฌ๏ธโฌ๏ธโฌ๏ธโฌ๏ธโฌ๏ธโฌ๏ธโฌ๏ธ
SkillArbitrage Finance Professionals
09 Sep, 11:35
In case you missed Day 1 and 2, here's a quick recap for you. Plus, I'll tell you why you definitely don't want to miss joining us today at 7 PMโ๏ธ
https://youtu.be/AkqfM0IFczs?si=LxQQNN4DhDt9O_HC
https://youtu.be/AkqfM0IFczs?si=LxQQNN4DhDt9O_HC
SkillArbitrage Finance Professionals
08 Sep, 11:52
https://youtu.be/8QKyw74Rn7M
Learn to do 1 thing god-damn well
If you are an Indian bookkeeper or accountant and you want to know what is that one skill to solve a burning problem for US clients, join us in a free, 3-day, live, online bootcamp.
We will provide you a step-by-step roadmap to cater to US clients as an Indian bookkeeper or accountant.
Remember to attend live. No recordings will be provided.
Cheers
Learn to do 1 thing god-damn well
If you are an Indian bookkeeper or accountant and you want to know what is that one skill to solve a burning problem for US clients, join us in a free, 3-day, live, online bootcamp.
We will provide you a step-by-step roadmap to cater to US clients as an Indian bookkeeper or accountant.
Remember to attend live. No recordings will be provided.
Cheers
SkillArbitrage Finance Professionals
06 Sep, 12:54
At our free bootcamp on How Indian Accounting & Bookkeeping Professionals can Get US Jobs and Freelance Gigs starting from (TOMORROW) 7th Sept @ 7 PM, we will tell you how you can find, pitch to and grab some lucrative jobs from clients in the US.
Donโt forget to join us in our free bootcamp.
Register now, if you haven't already:
https://skillarbitra.ge/commerce-students-jobs-and-internships-bootcamp?p_source=tele_warm
Donโt forget to join us in our free bootcamp.
Register now, if you haven't already:
https://skillarbitra.ge/commerce-students-jobs-and-internships-bootcamp?p_source=tele_warm
SkillArbitrage Finance Professionals
06 Sep, 12:45
๐๐ป Watch this video to learn how to record goodwill in the books of accounts and the treatment of R&D costs in our books of accounts according to US GAAP: https://youtu.be/9z2CZIO9faE
SkillArbitrage Finance Professionals
06 Sep, 12:31
๐ Learn how to calculate the expense and principal portions for loans in accordance with US GAAP using a simple example: https://youtu.be/yWOGYmeOXXs
SkillArbitrage Finance Professionals
06 Sep, 12:15
๐ Learn the easy 5-step process with an example to master how to recognise revenue under US GAAP in just 5 minutes: https://youtu.be/y3eGtF9XnK0
SkillArbitrage Finance Professionals
06 Sep, 11:58
Use your accounting skills as a base to go global
Bookkeeping, audit and accounts, banking and financial services, fintech, insurance, chartered accountancy, company secretaryship โ all of these sectors offer potentially lucrative jobs and careers.
But if you think only in terms of the Indian market, the competition is likely to be so fierce that the career you thought would be really high-paying, turns out to be nowhere close to it.
Do you know what you should really doโ
Stick to bookkeeping, audit and accounts, etc., but go global with your skills.
Comment "SKILLS" ๐๐ป to learn amazing skills right awayโ๏ธ
At our free bootcamp on How Indian Accounting & Bookkeeping Professionals can Get US Jobs and Freelance Gigs starting from 7th Sept @ 7 PM, we will tell you how you can find, pitch to and grab some lucrative jobs from clients in the US.
Donโt forget to join us in our free bootcamp.
Bookkeeping, audit and accounts, banking and financial services, fintech, insurance, chartered accountancy, company secretaryship โ all of these sectors offer potentially lucrative jobs and careers.
But if you think only in terms of the Indian market, the competition is likely to be so fierce that the career you thought would be really high-paying, turns out to be nowhere close to it.
Do you know what you should really doโ
Stick to bookkeeping, audit and accounts, etc., but go global with your skills.
Comment "SKILLS" ๐๐ป to learn amazing skills right awayโ๏ธ
At our free bootcamp on How Indian Accounting & Bookkeeping Professionals can Get US Jobs and Freelance Gigs starting from 7th Sept @ 7 PM, we will tell you how you can find, pitch to and grab some lucrative jobs from clients in the US.
Donโt forget to join us in our free bootcamp.
SkillArbitrage Finance Professionals
05 Sep, 14:33
๐ฅ๐ฅ On your demand ๐ฅ๐ฅ
Here's a video for you - How to create an account on Quickbooks for free.
https://youtu.be/4wp5UeQGWpk
Here's a video for you - How to create an account on Quickbooks for free.
https://youtu.be/4wp5UeQGWpk
SkillArbitrage Finance Professionals
04 Sep, 15:23
Here's a video for you - How and when to recognize revenue under US GAAP which you can learn it in under 5 mins
https://youtu.be/y3eGtF9XnK0
https://youtu.be/y3eGtF9XnK0
SkillArbitrage Finance Professionals
04 Sep, 15:15
To understand how revenue recognition works in practice and how to accurately record it in your accounting books, watch this video by our expert, Abhijeet Tiwari. Heโll guide you through the entire process, making it easy to grasp and apply.
And if youโre serious about taking your accountancy and bookkeeping career to the next level, join our FREE 3-day Bootcamp on โHow Indian Accounting & Bookkeeping Professionals can Get US Jobs and Freelance Gigs." from 7th - 9th Sept, 2024, 7-10pm (IST).
And if youโre serious about taking your accountancy and bookkeeping career to the next level, join our FREE 3-day Bootcamp on โHow Indian Accounting & Bookkeeping Professionals can Get US Jobs and Freelance Gigs." from 7th - 9th Sept, 2024, 7-10pm (IST).
SkillArbitrage Finance Professionals
04 Sep, 15:00
US GAAP says you should recognize revenue when itโs actually earnedโnot just when the cash comes in.
So, in our example, you wouldnโt count the entire subscription fee as revenue right away. Instead, youโd spread that revenue over the 12 months as your clientโs student accesses and benefits from the course content.
In short, revenue recognition under US GAAP ensures that you record your earnings in the right period, matching revenue with the time when itโs actually earned, not just when the cash comes in. You can therefore infer that revenue can only be recognized when performance obligation of a contract is complete.
So, in our example, you wouldnโt count the entire subscription fee as revenue right away. Instead, youโd spread that revenue over the 12 months as your clientโs student accesses and benefits from the course content.
In short, revenue recognition under US GAAP ensures that you record your earnings in the right period, matching revenue with the time when itโs actually earned, not just when the cash comes in. You can therefore infer that revenue can only be recognized when performance obligation of a contract is complete.
SkillArbitrage Finance Professionals
04 Sep, 14:43
What is revenue recognition?
Revenue recognition under US GAAP is essentially about figuring out when a company should record its earnings on its financial statements. Itโs not just about when money comes in, but when the company actually earns it.
Letโs take an example to understand this:
Imagine your client runs an online course business. They offer a 12-month subscription to their course, and a student pays the full amount upfront.
Now, hereโs the key question: Should you recognize all that revenue the moment the payment hits your clientโs account?
According to US GAAP, the answer is no.
Revenue recognition is all about timing.
Revenue recognition under US GAAP is essentially about figuring out when a company should record its earnings on its financial statements. Itโs not just about when money comes in, but when the company actually earns it.
Letโs take an example to understand this:
Imagine your client runs an online course business. They offer a 12-month subscription to their course, and a student pays the full amount upfront.
Now, hereโs the key question: Should you recognize all that revenue the moment the payment hits your clientโs account?
According to US GAAP, the answer is no.
Revenue recognition is all about timing.
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