Prepare A Cash Flow Statement | Indirect Method

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  • Опубликовано: 26 дек 2024

Комментарии • 871

  • @AccountingStuff
    @AccountingStuff  6 лет назад +45

    🎄Happy holidays 🎄This video wraps up the mini-series covering Cash Flow Statements. All of these videos can be found here → ruclips.net/p/PL5zKSeS09l314wQmOtPEIaYnCGlLPUNIh
    Please let me know if you have any requests for future videos?

    • @talhaha
      @talhaha 4 года назад +1

      You are amazing bro! You literally saved my Financial Accounting course!! Keep up the great work!

    • @oneekabrown4775
      @oneekabrown4775 4 года назад

      Hi James can you continue with the investing and financing activities part of this video calculating cashflow using the indirect method please.

    • @dinkfam0682
      @dinkfam0682 4 года назад

      Percentage of completion, deferred income tax expense and other tax concepts in accounting! Please!

    • @heatherskar7812
      @heatherskar7812 3 года назад

      Can you do a video on Cash Flow patterns? I have a cash flow pattern chart with ++- and such for successful and struggling businesses but I think a video would help. Thanks.

    • @AccountingStuff
      @AccountingStuff  3 года назад +1

      @@heatherskar7812 Thanks for your request!

  • @raynicolemalingi9029
    @raynicolemalingi9029 4 года назад +320

    I never skip your ads. Because I learn so much from u than my teacher, hope ur channel will grow big

    • @AccountingStuff
      @AccountingStuff  4 года назад +24

      Thanks Ray! I appreciate your support :)

    • @jamestrebilcock8310
      @jamestrebilcock8310 3 года назад +10

      That is the mark of a true fan.

    • @oYasumiinasaiminna
      @oYasumiinasaiminna 2 года назад +5

      Our teacher didn't even teach us😂

    • @clintjones9848
      @clintjones9848 2 года назад +4

      ^ My teacher doesn't even teach us either. I go online and we have a once a week live class with the professor and he just goes over rando finance principles. If you try to ask him how to do the actual assignment he tries to get out of it and will give you a token answer. The assignment is in the appendix in the book with barely any explanation in the bulk of the text and certainly no walk through. I'm like wtf, how am I supposed to learn how to do a friggin projected cash flows statement if I've never done it before. Friggers.

  • @brooklylahmann3345
    @brooklylahmann3345 2 года назад +11

    Where have you been the last 11 weeks?! After hours upon hours of trying to understand the Cash Flow Statement using the Indirect Method -- and this is supposed to be the simplest way?! -- I came across your video by chance; and I am so grateful that I did. You break down the process and explain it in such a way that is, not only easy to follow, but enjoyable as well. Thank you for being thorough, yet simplistic. I am now more prepared and ready to tackle my Final Exam in just a couple of days because of you and your videos. THANK YOU! Please keep recording and continue to share your knowledge; you are making a difference!

  • @lenaf443
    @lenaf443 4 года назад +53

    James, I'm studying Accounting as part of my MBA, and not everything is always 100% clear. Your videos are so-so helpful to wrap my head around all of the accounting concepts and principles! Thank you very much for creating your amazing channel!!!

    • @AccountingStuff
      @AccountingStuff  4 года назад +2

      Hey Lena, no worries! I'm happy to help. All the best with your MBA!

  • @claredrew8039
    @claredrew8039 3 года назад +52

    I have ovet 20 years experience as an accountant, yet it's great to go back to basics from time to time. I am finding these videos very engaging and well explained. Better than the lectures I had. A tip, don't stay stagnant in a business doing the same mundane work year on year. Move on or see if there is an internal promotion on offer.

    • @ESGValueChain
      @ESGValueChain Год назад

      I really needed this advice. Thanks 🙏🏼

  • @janelee5188
    @janelee5188 2 года назад +7

    Hi James, I can believe that you explained so easy and clear. If you’re the professor in a university, there’s no students fail at an exam and everyone will get a job. I am so lucky to found your RUclips and I guess I am the latest one to see those videos. Thank you very much.

  • @Andre-sk9ix
    @Andre-sk9ix 3 года назад +20

    Ngl this was far more resourceful than my profs could ever be..

  • @markissleepy
    @markissleepy Год назад +4

    Man, thank you! I am in Intermediate Accounting 1 right now and this is the only piece I didn't understand - you explained it more clearly in 10 minutes than the class did in a full chapter plus two hours of lectures.

  • @Numbersgirl64
    @Numbersgirl64 3 года назад +13

    I only wish I'd had your videos when I was working on my Master's in Accounting a few years ago! I really had a tough time with this concept then & never understood the logic behind it. Now I'm teaching accounting and am using your method of explaining this to my students because it's so much easier to understand than what I've heard or read before. I've spent a long time researching the topic in recent weeks and yours is the best by far. Many thanks--you are a gifted instructor!

  • @hannahsharma5108
    @hannahsharma5108 3 года назад

    i was legitimately almost in tears over this topic and your video saved my sanity! thank you

  • @ihavealongmiddlename
    @ihavealongmiddlename 5 лет назад +197

    This is so damn helpful and engaging, and I’m so bloody grateful I found this channel 😍😍

  • @fatmahassoubah7508
    @fatmahassoubah7508 2 года назад +1

    medical student. no any buisness background, but these videos are making me understand the concept. thanks

  • @brendahayes
    @brendahayes 4 года назад +14

    I appreciate you a lot! I learnt more from you than I did with my lecture in 2hrs! God bless you

  • @muhndmom7513
    @muhndmom7513 5 лет назад +2

    Man you are Amazing !
    Am Saudi Senior Accountant and Financial Analyst and watching you videos
    Many Thanks

    • @AccountingStuff
      @AccountingStuff  5 лет назад

      No worries, glad to hear that you're finding the vids helpful!

  • @Su.hickey
    @Su.hickey 4 года назад +5

    James, your videos are saving my accounting classes. Please don’t stop making them! They are very helpful!

    • @AccountingStuff
      @AccountingStuff  4 года назад

      Cheers Susan, all the best with your studies!

  • @mannyortiz1039
    @mannyortiz1039 3 года назад +3

    By far the easiest way to pass accounting classes. Thank you 🙏

  • @kaitybell
    @kaitybell Год назад

    OH MY GOD! I AM SO HAPPY I FOUND THIS VIDEO! I just watched your Cash Flow Statement for Beginners video but STILL felt like I was missing something and I've been agonizing over this for 2 hours for my Intermediate Accounting class. THAAAANK YOOOOU! I needed it simplified more than my textbook and instruction videos were doing it and this hit the nail on the head.

  • @user-aymanzone
    @user-aymanzone 4 года назад +2

    Best video on the topic I've seen (serious).
    "Increases in payables need to be added because if a business doesn't pay it's invoices it gets to hold on to it's cash."
    Thanks for getting through to me at 4am at night. finally I understood. Very nice quote/explain

  • @yokesh1616
    @yokesh1616 2 года назад

    I'm doing ca Intermediate by self study and this video cleared all my doubts in cash flow statement. Tq sir lots of love from India.

  • @mohitnarula2268
    @mohitnarula2268 5 лет назад +1

    I don't know why these videos are underrated..
    A good way of explaining things..

  • @ayodejiajayi4515
    @ayodejiajayi4515 2 года назад

    This is the best Operating Cash Flow using Indirect Method video I've seen. I don't have an accounting background and I was able to understand. Thank you so much for starting with the fundamentals

  • @ronicaferreira2154
    @ronicaferreira2154 4 года назад +20

    How DARE you be this handsome?! I came here to learn!!!, but seriously, you're helping me through my accounting courses. Thanks a bunch ;)

    • @cherylbreckenridge877
      @cherylbreckenridge877 4 года назад +1

      yes lol!!!

    • @murieltokam9172
      @murieltokam9172 3 года назад +2

      Was geniusly looking this comment loool

    • @leticiaelescano4896
      @leticiaelescano4896 5 месяцев назад +1

      Lol - really funny comment - but seriously he really is indeed incredibly handsome and that accent OMG. Cherry on top INTELLIGENT.

  • @thamzhiyong3161
    @thamzhiyong3161 2 года назад

    i have an corporate accounting exam in 2 days and this is the final lecture to study so this is a great help for me...

  • @opop180
    @opop180 7 месяцев назад

    omg I spent like 2 hours listening to my professor and still no idea what it was and now I spent only 30 minutes (including taking notes) I already understand the indirect method... thank you very much!!

    • @AccountingStuff
      @AccountingStuff  7 месяцев назад

      No problem. Great to hear it's clicking for you :)

  • @Blazetoamaze
    @Blazetoamaze 5 лет назад +4

    very good man one of the better communicators i have seen

  • @mehrabchowdhury3581
    @mehrabchowdhury3581 3 года назад +1

    An example of a thorough and simple explanation, thank you for the stress you saved me!

  • @george00780
    @george00780 2 месяца назад

    No wonder I've been struggling to pick this from A/c books and haven't gotten far. From the way you've explained this, there's so much sense in knowing why one doesn't get far to understand how these figures play around and finally come to the right conclusions.

    • @AccountingStuff
      @AccountingStuff  2 месяца назад

      I've made another video on this topic which you may also find useful: ruclips.net/video/DiVPAjgmnj0/видео.html

  • @brandonrodriguez8039
    @brandonrodriguez8039 2 года назад

    Super helpful! Had trouble understanding at first. But figured someone on RUclips could explain it much better.

  • @LuxuryCarEnthusiast
    @LuxuryCarEnthusiast 4 года назад

    This makes perfect sense now. The clarity and engagement proves you should be a professor. I think they make good money.

    • @AccountingStuff
      @AccountingStuff  4 года назад

      Great to hear it's making sense! Thanks for your vote of confidence :)

  • @krishaniperera6252
    @krishaniperera6252 4 года назад

    you are the coolest accounting teacher. I used to hate accounting because of professors. But thanks to you I started loving it.

  • @minluv
    @minluv Год назад

    the quality of this video from the simple explanations to camera quality, video editing and getting our attention you explained better than my prof who made it long and overloaded with information

  • @Nik-vy6ek
    @Nik-vy6ek 2 года назад

    Studying for CFA level 1 exam and these videos are the greatest! Thank you!

  • @TheRock1.0
    @TheRock1.0 4 года назад +5

    Excellent video mate. Excellent production quality too. And clear explanation. Also, what I like about your explanation is that you say just enough to explain, you don't over-explain and you don't digress. Excellent stuff.
    P.S: I don't skip the ads.

    • @AccountingStuff
      @AccountingStuff  4 года назад +1

      Thanks for your feedback! I'm glad you enjoyed it.
      Haha, I don't mind if you skip the ads

  • @steezmonster92
    @steezmonster92 5 лет назад +4

    Incredible content. Bored of reading my accounting textbook and glad I searched "statement of cash flows" on RUclips.

  • @AkashSingh-hy7bu
    @AkashSingh-hy7bu 3 месяца назад +1

    Thank you man
    You made my day i am ca student my teacher take 7 lecture for indirect method
    And you just take couple of minutes 😂
    Thank you 🙏

    • @AccountingStuff
      @AccountingStuff  3 месяца назад

      No problem! I have made a newer version of this which you can find here... ruclips.net/video/DiVPAjgmnj0/видео.html

  • @NaradaThomas
    @NaradaThomas 4 года назад +1

    This video and your other direct method videos were provided by our professor as an supplement video for our lesson. I am glad she did and I found you!

    • @AccountingStuff
      @AccountingStuff  4 года назад +1

      Really? Well I'm happy to help! All the best with your studies

  • @AdanP
    @AdanP 4 года назад +2

    This was driving me nuts on my financial accounting class, but thanks to your easy 3 steps, now it all makes total sense!

    • @AccountingStuff
      @AccountingStuff  4 года назад +1

      Nice one, great to hear it's making sense!

  • @听音乐-o9j
    @听音乐-o9j 3 года назад

    Sooooooo easy to understand. It’s better than other videos on RUclips, thank you so much sir.

  • @bhargavphukan29
    @bhargavphukan29 3 года назад +1

    Editing is so crispy, love it!

  • @sivaranjini5047
    @sivaranjini5047 Год назад

    I am very grateful for this video. I was in midst of my online class about indirect method and a whole chapter of 40 pages didn't get me through what your single format did. Thanks for that❤

  • @aswinvs2135
    @aswinvs2135 3 года назад

    I am from kerala,
    More informative class, as a beginner in accountong, give me remarkable growth

  • @BilalAhmedKhan23
    @BilalAhmedKhan23 5 лет назад +14

    Loved this! I was having a hard time understanding this but you've made it so much easier! Go Chuddley Cannons!

    • @AccountingStuff
      @AccountingStuff  5 лет назад

      Haha thanks! Great to hear that it's making sense

  • @waster8624
    @waster8624 4 года назад

    Brief sentence helps me a lot, because my teacher cannot explain that why we should add back the liability clearly. Finally, from your vedio I got it!

  • @hahajenlee
    @hahajenlee 2 года назад

    U are an incredibly good accountant and teacher

  • @husnanurul7633
    @husnanurul7633 2 года назад

    Easy to understand 😊. I wish my lecturer put simpler word like yours. Love from Malaysia ❤

  • @fahedalyafiy6215
    @fahedalyafiy6215 2 года назад

    man you are legend ,, you helped me a lot in the final exam

  • @samasemo163
    @samasemo163 3 года назад +3

    simple, direct and easy. appreciate the good work it helped me a lot preparing for my cma exam by understanding the foundations from your videos. again thank you james.

  • @azhard7399
    @azhard7399 3 года назад

    I have seen many channels on RUclips covering accounting stuff. But what this guy does is amazing 😎 and his content provides the BEST ❤️ understanding !

  • @zezasabah7187
    @zezasabah7187 Год назад

    I'm seeing your videos from the beginning of your channel very good explanation and very good information

  • @iimmannii
    @iimmannii 5 лет назад +3

    Thank you. I am in Accounting 102. This chapter in my textbook is simply dreadful, and I like this stuff. You made it engaging to me to follow.

  • @thiennguyenphuoc8322
    @thiennguyenphuoc8322 4 года назад +1

    this channel just save my days, thanks you soo much

  • @CpT_PrInCeSs
    @CpT_PrInCeSs 9 месяцев назад

    Thank you!!!! I have a test next week and this really helped me understand!

    • @AccountingStuff
      @AccountingStuff  9 месяцев назад

      No problem, best of luck in your test!

  • @mahishamagoo1407
    @mahishamagoo1407 4 года назад

    I have watched many explanations on youtube. But this is the best one.

  • @aftabsuleman456
    @aftabsuleman456 5 лет назад +1

    One of the best channels for accounting..
    Great job mate.
    keep it up. and don't loose the teaching spirit..

  • @John-vk1py
    @John-vk1py 6 месяцев назад +4

    I was on the brink of nervous breakdown before my financial accounting exam and in 11 minutes you managed to explain what my teacher couldn't in 3 months. Thank you so much

  • @murungidaphine487
    @murungidaphine487 4 месяца назад

    Explanation so clear and made so simple! Definite hitting the subscribe button

  • @bilafli
    @bilafli 5 лет назад +60

    So organized in laying out important points, clear explanation, concise, cool video editing, nice handwriting and ...... so handsome!! :D >

  • @geraldmtendeleki7846
    @geraldmtendeleki7846 3 года назад

    your explanations make life easier man thanks a lot

  • @md.modasserhossain8040
    @md.modasserhossain8040 4 года назад

    Simplicity is the best part of your video.

  • @vijayn2363
    @vijayn2363 4 года назад

    Thank you so much. I couldn't for life's sake figure out why decreases and increases in trade receivables and payable were going the opposite way. You made it so much more clearer than my text book. Keep up the great work.

    • @AccountingStuff
      @AccountingStuff  4 года назад +1

      That can be a real confusing one! Glad it's clicked for you

  • @LUXLEACLOTHINGS_ACCESSORIES
    @LUXLEACLOTHINGS_ACCESSORIES 3 года назад

    U teach so friendly. I appreciate your teachings a lot

  • @AlexKabat
    @AlexKabat 4 года назад

    you are so smart that you make complicated stuff feel simple. cheers

    • @AccountingStuff
      @AccountingStuff  4 года назад +1

      Thanks for your kind words! Glad it's making sense :)

  • @carrotdays9737
    @carrotdays9737 Год назад

    Couldn’t survive without you. Thank you

  • @aparajitsri87
    @aparajitsri87 4 года назад +2

    Thanks a ton for this video! I am currently pursuing my MBA and coming from a Science background I didn't really understand many of the terms and processes in my accounting textbooks. But ur video just broke down the whole thing into simple and easy steps. Definately Subscribing!!

    • @AccountingStuff
      @AccountingStuff  4 года назад +1

      Cheers Aparajit! Glad it made sense and thanks for the sub

  • @amyewers1314
    @amyewers1314 2 года назад

    I have really struggled to wrap my head around cash flow statements... period!!!!!!! And I have a cash flow statement assignment due soon. And thanks to you and the mini-series, I won't be forgetting how cash flow statements work any time soon. These videos have been my life saver, to make sure that I really do understand cash flow statements thoroughly and nail that assignment. 😊

  • @whatamidoinghere7336
    @whatamidoinghere7336 10 месяцев назад

    Thank you so much for this video!!! I think you just saved my grade for this chapter in my Accounting Class!

  • @LuxuryCarEnthusiast
    @LuxuryCarEnthusiast 2 года назад +1

    Why on earth would we use the Direct Method when this is so much easier. I wonder if I need to learn the direct method for the CPA exam. Thanks for the clear and concise explanation.

  • @sherinefahmy3114
    @sherinefahmy3114 3 года назад

    You're life saver..thank you ❤️❤️

  • @JohnWhite-ms5wr
    @JohnWhite-ms5wr 3 года назад

    I swear you're the only reason I still have an A in this class (barely at that, I feel like I barely have any idea what I'm doing).

  • @helenday5031
    @helenday5031 5 лет назад

    Interesting and lively presentation (eg, altered facial profiles) helped raise what might (in some hands) be a dull, grey, bleak and hard subject into lively, bright and fun clarity. I'm so grateful for the help.

    • @AccountingStuff
      @AccountingStuff  5 лет назад

      Thanks Helen, glad you enjoyed the vid! Hope you found it useful

  • @jeffreycheng4027
    @jeffreycheng4027 4 года назад

    Literally the best video I’ve ever watched

  • @beshr1993
    @beshr1993 5 лет назад

    This is really well done and high quality.. much better than what's out there on RUclips!

  • @idzhambaharudin1962
    @idzhambaharudin1962 4 года назад

    Clear explaination , very helpful and useful . Thank you very much bro

  • @dianakennedy8944
    @dianakennedy8944 3 года назад

    Again, clear and concise, nice editing, plus handsome Canadian! - ha ha all in one! Thanks a lot!

  • @kdot_mjk
    @kdot_mjk 2 месяца назад

    james, what an absolute GOAT of a man 🐐🐐🐐

  • @harryspeaks
    @harryspeaks 5 лет назад +6

    U SAVED MY FINAL!!!!!! Can’t thank u enough 😭😭

  • @reesechen3735
    @reesechen3735 3 года назад

    I have an exam tomorrow, man you are my hero.
    A real saviour, I'm so glad I found your channel.

    • @AccountingStuff
      @AccountingStuff  3 года назад

      How did it go?

    • @reesechen3735
      @reesechen3735 3 года назад

      Hey man! I know it’s been a while, but I wanted to wait until I got my results to tell you how I went. I passed 🙏 thank you for your help

    • @AccountingStuff
      @AccountingStuff  3 года назад

      @@reesechen3735 Woooo!!!! Congrats, time to celebrate 🎉

  • @ConfusedBear-ur3wk
    @ConfusedBear-ur3wk 3 месяца назад

    Hey ! Your explanation is short and understandable!🎉 Thanks a lot for the help ✨

    • @AccountingStuff
      @AccountingStuff  3 месяца назад

      No problem! I did make a newer version of this video which you may find easier to follow: ruclips.net/video/DiVPAjgmnj0/видео.html

  • @anafiguereo7189
    @anafiguereo7189 2 года назад

    YOU'RE A LEGEND! Thanks a lot!! 🤗🤗

  • @Sandzizeee01
    @Sandzizeee01 4 года назад

    You are a a natural at this ....well done:)

  • @jrkangta
    @jrkangta Год назад

    Great video as always. Easy to consume especially for non-accounting major like me.

  • @drock3129
    @drock3129 2 года назад

    You make so much more sense than my professor

  • @elenaringl4283
    @elenaringl4283 4 года назад +1

    Once again your video has made something I've been struggling with for days a piece of cake! I am so happy to have found this channel, I need to start coming here first before even trying to decipher my textbook (it just ends up frustrating me).
    Thank you so much!

  • @fanofscience8803
    @fanofscience8803 3 года назад

    Very very useful, helpful , understandable video !!!

  • @MrVpassenheim
    @MrVpassenheim 4 года назад

    It's been said before, but it bears repeating: sir, you are awesome! Your method of instruction is so lucid and detailed. Bravo!

  • @muhammedmahroof-gs3km
    @muhammedmahroof-gs3km 7 дней назад

    Such a nice conceptual class which made me a person who handles cashflow easilyy... Thanks mahnm❤

  • @nehashaikh4
    @nehashaikh4 4 года назад +1

    Thank you so much! I was so so confused in both these methods but you made it simpler than ever! Love your style! Love from India :)

    • @AccountingStuff
      @AccountingStuff  4 года назад +2

      Hey Neha, great to hear it's making sense. All the best!

  • @sarankannan6871
    @sarankannan6871 2 года назад

    Aced my accounting exam because of you!

  • @vincentalexander8462
    @vincentalexander8462 4 года назад

    Found this channel 3 hours before my midterm... it's a miracle :D best accounting explanations out there

  • @seisopheapanya7528
    @seisopheapanya7528 3 года назад

    Yes, I can reaffirm your promise that this video is gonna be so much helpful,,,,, thanks a lot,

  • @agnivdey
    @agnivdey Месяц назад

    Great stuff! I have been trying to learn this method, yet the basics was not very clear to me logically, now it is! Thanks James!

  • @zowairiahossain3740
    @zowairiahossain3740 5 лет назад

    You are so much better than my prof! Thank you for helping us.

  • @hoifungzyu5973
    @hoifungzyu5973 5 лет назад

    You can really teach!! Better than my professor. Appreciate it very very much!!

  • @donnashandcameron9315
    @donnashandcameron9315 5 лет назад

    Wow the video made my approach to cash flow much easier

  • @arnoldinhosathekge5783
    @arnoldinhosathekge5783 2 года назад

    You explain so well😭 thank you.

  • @daphne4229
    @daphne4229 3 года назад

    I just bought the cheat sheet bundle. Thanks so much for putting all of this together!

    • @AccountingStuff
      @AccountingStuff  3 года назад +1

      Thanks for your support! I appreciate it :)

  • @josuejuarez2152
    @josuejuarez2152 2 года назад

    bro ur such a lifesaver

  • @gracekennon5940
    @gracekennon5940 2 года назад

    Thanks for the great video. You're a much better teacher than my financial analysis professor.

  • @carlxien7682
    @carlxien7682 4 года назад

    holy cow, this video is gold !!! thank u sooo much, more ppl ought to see this

  • @henrybarreto9981
    @henrybarreto9981 Год назад

    Man just I have some words for you. Thank you.