What is a balance sheet? - MoneyWeek Investment Tutorials
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- Опубликовано: 5 окт 2024
- Tim Bennett explains what a balance sheet is, and the type of information it contains, and how you can use it.
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MoneyWeek videos are designed to help you become a better investor, and to give you a better understanding of the markets. They’re aimed at both beginners and more experienced investors.
In all our videos we explain things in an easy-to-understand way. Some videos are about important ideas and concepts. Others are about investment stories and themes in the news. The emphasis is on clarity and brevity. We don’t want to waste your time with a 20-minute video that could easily be so much shorter.
None of my teachers explained finances as well and easy as you do. Thank you so much. Great teacher, Great channel.
oh booo hooo teachers have to teach 6-8 classes per day
As the song says.- YOU SIMPLY THE BEST. Best teacher Ever!!!
Tim is simply an amazing teacher.
Feeling a lot better about my upcoming bookkeeping and accounting courses now that I know you are on the internet.
Tim, your summaries are detailed and highly entertaining. Thank you sincerely for your assistance.
You are the best lecture i have came across after did 2 degrees in finance and business.... sadly in my day RUclips was not a thing!
If only I came across you before, my lecturer made this 20times more complicated than it had to be. I lost sleep trying to remember what element belongs to each statement. Your 13minute video is like I found enlightenment
Good follow up videos in this series are "what is profit" and "why costs matter" - those give a guided tour of the profit and loss account at an introductory level. Tim.
I just starded studying accounting in uni and this youtube chanel and this man especialy are a great help. Simple, clear explanation. Easy to understand. Great for a student like me.
Lot of respect. People like you priceless.Thanks
+vishal s I second that
And here I thought accountants where boring people but Tim goes against the grain. He makes accounting interesting and he's a bit of eye candy for us ladies!
Mr Bennett, I'll probably fail a basic introductory accounting exam in two days, but I have a slight, slight chance of not failing because of your excellent teaching. Thank you very much. If I pass, I owe it all to you.
Very simple and easy to understand
You make accounting so easy. Thank you!
I agree I wish i'd had a teacher like this man, thank you
brilliantly explained,,,, lots f love!!
Thanks for explaining this so well and saving my exam grade!
Makes understanding accounting so easy, well explained boss!
Best teacher on finance
Wow.....thanks a million and one times. I appreciate the revision you have helped me have as I prepare to undertake my exams in a weeks time.
WOW! :) I could not have asked for a better or clearer explanation! Thanks.
Thank you so much, I am really learning with your great lessons! Good job and please continue :)
you are a brilliant teacher. please continue making videos :)
Best teacher ever! Keep going..
appreciate your videos a lot. The videos are to the point without getting lost in details. Do you have specific videos for credit analysis?
thank you for the videos they really help I will be starting a accounting and finance course very soon .thank you very much
absolutely wonderful explanation , enjoyable to watch keep it up
THANKS! I wish I had you as a teacher!
very clear, that make it seem, so simple
Great talented teacher
May I ask why you wrote the subtraction as multiplication symbol?
Cheers and thanks for the videos.
mdalbrit - no, they wouldn't show on the ledger (nominal or otherwise :) . Contingent liabilities are written up when the financial statements are prepared and a note is added then. The only liabilities that show in the books are ones where the amount and timing is reasonably certain (accounting speak - sorry!). So a liability to pay tax or a trade creditor for example.
Thank you for sharing the video, it is a good explanation.
I enjoy your presentation style! Thanks for sharing.
Thanks so much for this video, well explained
thanks for the tutorial, its reflecting very well.
very well explained
Thank you for all your videos. I ve been learning a lot from these videos. By the way has anyone told you that you look like Dr Michael Mosley??? you guys are IDENTICAL!
i would go to class every day if he was my professor or teacher
Thank you very much. Very helpful
Tim - Since 'contingent liabilities' are not seen on the balance sheet, would they show up on the ledger, nominally speaking?
Thanks!
M.
great video, thank you good sir
You are awesome, well done 👍
good explanation
No problem - hope you pass! Tim.
Great help, thanks.
Excellent
if your asset increases in value or decreases in value over x amount of years how is that reflected in the finance given that it has to be balanced?
wonderful
Thanks you sir!
Thank you so much for explaining in detail, very helpful in understanding. I am a mature (age 35 going on 36) BSc Accounting and Finance International (Black American) student.
Thank you.
Thank you so much!
Utter genius!
Totally agree!
I am watching this after 5 yrs. still relevant or need update
Excellent!
thanks...MoneyWeek
nice one tim!
Aha! My first company back in 2013 had a "friendly dad", but his name was Terry!
thanks..
Good video
Perhaps someone could explain this to me please: If we start off by considering my personal finances and my personal 'balance sheet' balances, then if I win a million on the lottery - which is definitely an asset - how is this entered as a liability in order to 'balance' things? Is it because I'm the single and only 'shareholder' in me and this would appear on the right?
It is not entered as a liability, it is entered as "owners equity".
ur fantastic thx
TNX
"Accountants record everything twice."
product comes in and money must go out ...simple as that.
nice
Who is this teacher?
great
super
Liabilities still confuse the F outta me. A positive number next to something you owe confuses me lol
umm wonderful
5:50 Central Banks can create wealth from thin air. Man from 2020
Crackin' lesson....but please stop lending to and borrowing from people down the pub. LOL
5 stars
What are cooking actually....?
Used to think because they were so stingy, they recorded everything twice to avoid mistake...mybad
I love you
he looks like Matthew McConaughey
Gud
Yo, have you thought about this plan called the Intellitus Cash System? (check google). My coworker says it makes people tons of income.
07.55 lol
Who else is here because they think their accounts teacher doesn't deserve their job
What a cutie! ;)
YOU NEED TO SIMPLIFY THINGS MORE MATE.
your dates are backward
Cassie Little Show this is how dates are done in the U.K., Canada, and many other places in the world.
Madeline Kim thank you
It would have been better if you explain BS with a real life example. But nice video!