Jay Essentials

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Jay Essentials

Jay Essentials

@Jayessentials

I talk finance so you don't get lost in the numbers💸💶📊📉📈📋✨️

Se unió Şubat 2024
1.5K Siguiendo490 Seguidores
Jay Essentials
Jay Essentials@Jayessentials·
One underrated skill in finance is reconciliation. Anyone can post transactions. But not everyone can identify why two reports don’t agree. That’s where attention to detail becomes valuable. In accounting, small differences can lead to major reporting issues if ignored. Accuracy is not optional. It’s the foundation. #Accounting #Finance #IFRS
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Jay Essentials
Jay Essentials@Jayessentials·
Profit does not always equal cash. A company can report strong earnings while struggling with actual cash flow. That’s why the statement of cash flows is critical under IAS 7. Cash reveals operational reality faster than profit figures alone. Smart investors watch both. #IFRS #Accounting #Finance #CashFlow
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Jay Essentials
Jay Essentials@Jayessentials·
Revenue is not always recognized when cash is received. Under IFRS 15, revenue is recognized when control of goods or services transfers to the customer. That means timing matters more than payment. Strong revenue reporting is about performance obligations, not just cash collection. #IFRS #Accounting #Finance #RevenueRecognition
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Jay Essentials
Jay Essentials@Jayessentials·
Cash flow problems often start with receivables. A company may report strong sales, but if customers delay payment, liquidity suffers. Under IFRS 9, businesses must recognize expected credit losses [ECL] early, not only when customers default. Good accounting anticipates risk before the cash disappears. #IFRS #Accounting #Finance #CreditRisk
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Liadi Jimoh, MBA
Liadi Jimoh, MBA@HaadiJimoh·
@olumidecapital It is crazy bro. Since 2024 that I started business, I have been more poorer in cash and personal investment. Employees don’t care how money comes in. They must be paid regardless. Not complaining though✌️
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Olumide Adesina
Olumide Adesina@olumidecapital·
Many people have lost their wealth, homes, and families in the process of building a successful business. You think it's that easy, because we mostly push out success stories on social media
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Jay Essentials
Jay Essentials@Jayessentials·
Inventory can distort profit if not properly measured. Under IAS 2, inventory must be measured at the lower of cost and net realizable value. If market conditions drop, companies must write down inventory even before it’s sold. That’s why profits can fall without any actual sales change. #IFRS #Accounting #Finance
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Oreoluwa Bukola, CFA.
Oreoluwa Bukola, CFA.@BukkyOA·
I got the opportunity 💃💃💃💃💃
Oreoluwa Bukola, CFA.@BukkyOA

I sat in an interview for an internal opportunity yesterday. The interview was with 2 partners. They thanked me for making time to talk to them. I then told them - I appreciate that because I am getting the opportunity. They laughed so hard and then said to me, "That's a great strategy for a start; now, let's hear what you have to say." It's a strategy I use every time. I clear up whatever doubts you have about me before I tell you my stories. 'Don't get it twisted' kind of strategy. I am your girl.

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Jay Essentials
Jay Essentials@Jayessentials·
Leases can quietly increase a company’s debt profile. Under IFRS 16, most leases are recognized on the balance sheet as a right-of-use asset and a lease liability. This means companies that once looked “asset-light” may now appear more leveraged. Same business. Different perception. #IFRS #Accounting #Finance #Leases
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Jay Essentials
Jay Essentials@Jayessentials·
Assets can be overvalued, and many people don’t notice. Under IAS 36, companies must test assets for impairment when there are signs their value has declined. If the recoverable amount is lower than the carrying amount, the difference must be written off. This is how hidden losses suddenly appear in financial statements. #IFRS #Accounting #Finance
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Jay Essentials
Jay Essentials@Jayessentials·
Debt isn’t always a bad thing, but how it’s reported matters. Under IFRS 9, financial liabilities are measured differently depending on their classification. This affects interest expense, profit, and even how investors perceive risk. Same debt. Different impact. That’s the power of accounting standards. #IFRS #Accounting #Finance #Investing
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Jay Essentials
Jay Essentials@Jayessentials·
Not all profits are created equal. A company can report high profit and still be financially weak. Why? Because profit includes non-cash items like depreciation and accruals. The real question is: 👉 Is the business generating cash? This is where the cash flow statement becomes more powerful than the income statement. #IFRS #Accounting #Finance #CashFlow
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Jassica
Jassica@Jassica445·
I’m officially cancer free !!!☺️🥲🥹
Jassica tweet media
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Kokii🌹
Kokii🌹@Kokii_urLover·
Prove you’re a Nigerian without saying you’re a Nigerian.
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Jay Essentials
Jay Essentials@Jayessentials·
One of the most frustrating things in accounting: When your numbers are correct… but don’t agree with someone else’s report. And now you have to explain what is already correct. That’s where real professionals stand out. #AccountingLife #Finance #WorkLife
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Jay Essentials
Jay Essentials@Jayessentials·
Nigeria’s stock market is attracting attention again. But smart investors know this: A rising market doesn’t mean every stock is a good buy. The real edge is in: – Earnings strength – Sector performance – Policy direction Not hype. #NGX #StockMarket #Investing #Nigeria
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Jay Essentials
Jay Essentials@Jayessentials·
Nigeria’s stock market is quietly one of the best-performing markets in 2026. The NGX All-Share Index is already up over 40% year-to-date, with strong gains driven by banking, oil & gas, and large-cap stocks. In just Q1 alone, investors gained nearly ₦29 trillion in market value. But here’s the real question: 👉 Is this growth sustainable, or are we seeing a liquidity-driven rally? Smart investors are not just chasing returns, they are watching fundamentals, earnings, and policy direction. #NGX #StockMarket #Nigeria #Investing #Finance
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Jay Essentials
Jay Essentials@Jayessentials·
Not all expenses should be expensed immediately. Under IFRS, some costs are capitalized and spread over future periods. Why? Because they help generate future economic benefits. The real skill is knowing the difference. That’s where professional judgment comes in. #IFRS #Accounting #Finance
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@HaadiJimoh @olumidecapital @Babajiide @BukkyOA @Jassica445 @dfxunxherd_ @Kokii_urLover @thatexcel001