FINANCIAL STATEMENTS: all the basics in 8 MINS!
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- Опубликовано: 28 май 2024
- 💥Financial Statement Cheat Sheets → accountingstuff.com/shop
🖊Financial Statement Practice Questions → accountingstuff.com/practice-...
In this short tutorial you'll learn all the basics about Financial Statements. We'll cover the Balance Sheet, the Income Statement and the Cash Flow Statement with an example.
🔗VIDEO LINKS
▪ Balance Sheet video → • The BALANCE SHEET for ...
▪ Income Statement video → • The INCOME STATEMENT f...
▪ Cash Flow Statement video → • The CASH FLOW STATEMEN...
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⏱️TIMESTAMPS
00:00 - Intro
00:22 - What are Financial Statements?
01:08 - What is a Balance Sheet?
03:19 - What is an Income Statement?
04:55 - What is a Cash Flow Statement?
08:02 - Recap
🔎FAQ
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#accounting #financialstatement #accountingstuff
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No worries, glad you're enjoying these videos :)
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Thanks, all the best in your studies
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By far the most entertaining and informative channel about accounting on RUclips, perhaps the universe! Any chance to create some contents about bad debts and doubtful debts James? Or I missed it? 😊
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Great to have you on board!
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Glad to hear you enjoyed the book! I don't plan on stopping any time soon
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No worries, glad I could help
I really loves your videos, me and my friend does find your videos very useful for us as we had no account background. Your videos did got us through Financial accounting course. Would you mind doing videos explaining cost analysis as well? Something like basis of the calculation of cost, costs terms and purpose, full costing, costs volume profit analysis and partial costs.
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Thanks Krutika :)
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Amazing video and thank you for breaking it
down!! Despite the economic downturn, I'm
so happy @l have been earning $ 60,000
returns from my $7,000 investment every
12days.
Thank you!
Thank you for this video . This helped me a lot to practice my financial English .
No problem, happy to help :)
Hi James.. Many Thanks for creating theses Highly crisp & interesting video on the topics which are very complex for non maths & commerce guys.
I referred your initial videos & it helped me for preparing my Assignments. Thanks a lot.
Amazing video and thank you for breaking it
down!! Despite the economic downturn, I'm
so happy @l have been earning $ 60,000
returns from my $7,000 investment every
12days.
Simple and understandable, great explanation.
Glad you liked it
Tons of valuable information, thank you so much. It helped me a lot.
No worries, glad you found it useful!
Great video! Could you make more example scenario videos where you walk through the three financial statements
Great video, Thank you so much for your effort in simplifying such an important topic for non-finance people.
No problem, glad you found it useful!
Hi... Really love how you explain all the topics. Clear and easy to understand. It would be great if you can explain the Issuance of Shares. Thank you
Thanks for your request!
Thank you very much❤
You're welcome 😊
Hi, I would like to ask permission to use the explanation of the balance sheet, income statement, and cash flow chart for my classroom reporting. Thank you so much!
Thanks so much James for continuing your good work.
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I wanted to say thank you for introducing me to the Accounting Game book.
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No problem! That's a great book
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No problem, great to hear you found this useful!
Love your content! Could you please make a video on bonds?
Hi! I love your videos! Can you do one on DTA and DTL. That would be great
Thank you! Please consider video about impairment of intangible asset, PPE, etc.
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Glad you liked it!
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1 budgeting and variance
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2 capital investment appraisal
3. cooperate governance & ethics
I learned all this stuff in my financial and managerial accounting classes this video was great for reminding me what I learned it’s only been a year but I forgot so much because I didn’t take it seriously
That always happens to me too!
Will you do a video about the statement of stockholder's equity?
Love your videos btw.
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Thanks, will do!
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Really good video.
Thanks!
I'm self employed thanks to you . i have gotten better in the accounting field
Amazing video and thank you for breaking it
down!! Despite the economic downturn, I'm
so happy @l have been earning $ 60,000
returns from my $7,000 investment every
12days.
Thank you
Noice explanation and visuals
great content
Thankhu man for this doubt solving video
No problem :)
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Glad it helped!
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Thanks! I use Final Cut Pro to do all of my editing. Best of luck with your channel!
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No problem, glad you enjoyed it
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Hi James. Can you please do a video on notes on financial statements including accounting policies?
James. Please do a video clip on consolidating the balance sheet and cash flow statement.
Can you do a video on understated and overstated adjustments? Your videos are really helping me comprehend accounting concepts. Thank you!
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Hi James
Your video is very helpful..can u make a video explaining intercompany concepts and journals
Hi James,
Please give more attention to this request. We have asked you many times to make a video and the difference between GAAP and IFRS.
Thank you.
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please do a video on Accounting concepts and principles for instance; Prudence, matching, materiality, cost concept etc
Hi these videos are seeing me through all my accounting kectures. Is there any chance of a video on bad debts and bad debts provisions?
Nice one
Thanks!
Is it weird that I listen to these in my car because it's relaxing to listen to.
Don't even study finance, thanks for the great content 😂
I think a topic you really should cover as it is extremely useful and hard to grasp is the Time Value of Money. Basically just going over future value and present value for single sums and annuities.
Your videos are really helpful, could you please make a video on GST(GST payable/GST receivable)?GST is bit complex for me to understand