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Principles of Accounting - Lecture 01a

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  • Опубликовано: 14 авг 2024
  • Principles of Accounting; deifition; identify; record; communicate; organization, interested users; financial statements; stakeholders; internal users; external users; management; human resources; finance; customers; SEC; creditors; labor unions; investors; pay raise; dividend; ethics; financial scandals; Sarbanes-Oxley; balance sheet; income statement; GAAP; FASB; IASB; cost principle; historical cost; purchase price; verifiability; fair value;

Комментарии • 365

  • @caitfinney6967
    @caitfinney6967 10 лет назад +31

    This is fantastic, thank you. I cant believe how these kids disrespect you during the lecture! Great teaching, great tone.

    • @kmpetrov
      @kmpetrov  10 лет назад +11

      Unfortunately, that's the reality that I have to deal with.

    • @rohitchaturvedi8662
      @rohitchaturvedi8662 10 лет назад +4

      Krassimir Petrov Nevertheless sir, you are a gem of a person and you're teaching students so well, that's all that's required, I'm a BUddhist and it's said one who performs his duty irrespective of what he gets is appreciable exactly like the BUddha. I respect you !!

  • @LyAn215
    @LyAn215 9 лет назад +63

    Oh dear you are probably the best lecturer I have ever seen. Thank you for your work.

  • @pseudoart2476
    @pseudoart2476 9 лет назад +8

    For any future entrepreneurs, it helps to know the basics of all business aspects, sales, accounting, taxes, law practices for your industry, UCC, contract law and intellectual property.

  • @sannarubeni9052
    @sannarubeni9052 8 лет назад +4

    I can't find words to be grateful to you. Your lectures I can understand very well. I study now in higher education in Dutch language. After watching your lectures I understand accounting better (than in Dutch).
    THANK YOU! I am proud of you Mr. Krassimir

  • @erickim5993
    @erickim5993 10 лет назад +19

    thank you professor for the wonderful lecture. I'm a south korean student and trying to get ready for the cfa, and your class means a whole lot to me. Again, Thank you!

  • @spencermarcelino8916
    @spencermarcelino8916 10 лет назад +10

    Thank you dr , that was very helpful ! Im graduated and i have a diploma in business administration ,but i was looking for some reviews and i really like the way u talk and explain the lecture , how lucky they are ur students :) thanks please upload every lecture :) take care

  • @b.1791
    @b.1791 3 года назад +3

    Thank You Professor. I'm taking principles of accounting online due to covid and I'm having trouble. Your lecture is clearing up a lot of the gaps and misinformation! I am so thankful for this video! thank you!

  • @miguelangelmoruacantu2129
    @miguelangelmoruacantu2129 8 лет назад +17

    this is the best lecture that i had the pleasure to watch, you have a excellent way to describe the principles of accounting, they are so easy to understand, i feel lucky for have found your channel.

  • @Akifyaseen
    @Akifyaseen 8 лет назад +12

    Out of thousand lecturers out there on the youtube... I found your lectures to be the most interesting and fun to watch. I am studying MBA and as am from Engineering background the terms of accounting are new for me. But after your lectures i can easily define any of them.

  • @faizulhaque7666
    @faizulhaque7666 9 лет назад +5

    you have become one of my favorite faculties from whm I've learnt most of the fin and act things in my education life. Thank you sir.

  • @kmpetrov
    @kmpetrov  11 лет назад +3

    Unfortunately, lectures were recorded up to 10. Next semester we will continue recording till the end of the course.

  • @jomatojerries2778
    @jomatojerries2778 8 лет назад +12

    Lectures like you are rare in sight, thank you so much for sharing your teachings with everyone! Have a great day ahead ^__^

  • @EliHari
    @EliHari 2 года назад

    karassimir Petrov, I want to thank you so much, the business courses are too expensive for me I live in morocco and I can t afford the money for them so I learned so much from your free courses on youtube that very generous of you, I am very thankful.

  • @shashanishukari8898
    @shashanishukari8898 11 лет назад +2

    Cannot thank enough the awesome and dedicated Teachers like Petrov who made it easier for us to solidify our skills for free. We, online learners, have got to take advantage of this opportunity we are given for FREE!!

  • @tahaexplorations1940
    @tahaexplorations1940 4 года назад +1

    I do not know how to thank you Dr, you changed my life to the best.
    You are great

  • @grassflavour102
    @grassflavour102 10 лет назад +6

    Wow, I hope I shoud have searched this on RUclips earlier. You are amazing, professional. I have learned that subject in Vietnam, and I often fell asleep in class, so I knew little about this. Accidentally, my uni also has used a similar textbook as the one u r teaching here, so it is much easier for me to follow ur slide, teehee. Thank you so much, prof.

    • @kmpetrov
      @kmpetrov  10 лет назад +2

      Thanks.

    • @ngonam7616
      @ngonam7616 4 года назад

      hello, trường mình cũng đang dùng các slides như trên luôn

  • @chinimehta8873
    @chinimehta8873 9 лет назад +1

    Great course. I am an IT professional supporting a financial system. I did not study accounting but need it everyday at work. Your class has been amazing and helped me lot with my job

  • @kimheeeun1055
    @kimheeeun1055 10 лет назад +2

    I really appreciate your share and easy explanation. I am studying accounting alone in Korea. It really helped me to take a first step to learn principles of accounting smoothly. While I watched your lecture, I could feel how much you put effort to prepare the lecture for students' easy understanding.. I will continue to watch your lectures :)

  • @sannarubeni9052
    @sannarubeni9052 10 лет назад +4

    I am very greatful. English is my 3th language and I clearly understood everything what he explains....

  • @kathleencrowley7160
    @kathleencrowley7160 3 года назад +1

    Thank you so much Krassimir Petrov! You are so organized and clear with your lectures.

  • @akademialogiston
    @akademialogiston 8 лет назад +1

    the best lectures I have watched; the most patient teacher I have seen esp with students who talk and not "are there"......

  • @NicatBehbudov
    @NicatBehbudov 10 лет назад +3

    Thank you for your videos. They are really helpful. I got accepted to university. My major will be Accounting and audit. I will be starting my courses in middle of September. I wanted to have basic info about Accounting and Audit. Your videos really help.

  • @kannanampm2899
    @kannanampm2899 3 года назад +2

    Your explaining method, delivering style is really wonderful. God bless you 🙏

  • @kmpetrov
    @kmpetrov  11 лет назад +5

    Yes, there is a course on "Principles of Management". Also, the course on Microeconomics is titled "Managerial Economics", which is the same thing as microeconomics.

    • @rudiansah9754
      @rudiansah9754 3 года назад

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  • @islammahmed2808
    @islammahmed2808 8 лет назад +1

    i am egyption and this is the best lecture i have ever see .thanks for your work

  • @evansodiyo1564
    @evansodiyo1564 8 лет назад +2

    You really have help my life. I can clearly flow with you. Simple and clear spoken English .with simple to understand explanation ,i really appreciate your work .continue helping the world understand business.

  • @arkchowdhury2781
    @arkchowdhury2781 6 лет назад

    As a student transitioning from Engineering to International Business, this course will give a brilliant head start for next Fall! Thank you so Much!

  • @augustayarteh7524
    @augustayarteh7524 4 года назад

    Aw outstanding explanation professor. That a proper introduction of accounting students needs to cover. Accouting is the purpose of recording and comunicating to business owners or companies. Including organizations that are interested to companies who needs accountant to make records for them. In accounting they need interested users who can make finacial statement, balance sheet, billing circle, cash flow, quick Books.They even needs people who can make billing circle or book keeping. That a brave explanations sir. My brain needs to wake up on these things againg. I salutes you sir.

  • @susanavizard422
    @susanavizard422 8 месяцев назад

    Thank you so much. I'm going back to school in January and wanted to get a head start on understanding accounting.

  • @doobdd
    @doobdd 11 лет назад

    Thank you Prof Petrov!!!! God Bless You!!!!! Thank you for all your "e-teaching"!!! Now I CAN GO TO SCHOOL without ending up in debt!!!!!

  • @ambera.74
    @ambera.74 8 лет назад +4

    Amazing job at breaking this down and keeping it interesting at the same time!

  • @noumanahmed9653
    @noumanahmed9653 8 лет назад +2

    Excellent Sir! it is really a good lecture ... I wasn't even think how easy these concepts are.. Our teachers just talk crap, Can't understand.. u just awesome..

  • @jaypalmer2500
    @jaypalmer2500 10 лет назад +3

    Great videos! Thanks so much - keep them coming with other business topics.

  • @clementmaxwell5501
    @clementmaxwell5501 8 лет назад +1

    You're the best lecturer I have come across...be blessed man

  • @pseudoart2476
    @pseudoart2476 9 лет назад

    Very much appreciated, I love how you mention money to shut students up. God bless your patience. When I make it I'll be sure to show you my gratitude.

  • @sabrinasweet-gonzalez9613
    @sabrinasweet-gonzalez9613 6 лет назад

    dude he is awesome. I love how he gets their attention to the study.

    • @kmpetrov
      @kmpetrov  6 лет назад

      Thank you very much.

  • @mrsunknown4095
    @mrsunknown4095 10 лет назад +1

    oh i was thinking of leaving accounting but this one was really help i wish i hav a teacher like this

  • @kmpetrov
    @kmpetrov  11 лет назад +3

    11 and 12 were never recorded, so never uploaded. Next semester.

  • @MAShalaby777
    @MAShalaby777 7 лет назад

    Dear sir, While I am in retirement but I feel interested to see the lecture to the end and I am going to find the next . Thank you so much . Egyptian man .

    • @kmpetrov
      @kmpetrov  7 лет назад +1

      Keep watching and enjoy the learning. I have worked in the Middle East and have many Egyptian friends.

    • @MAShalaby777
      @MAShalaby777 7 лет назад

      I wish I'll be one of them .

  • @kmpetrov
    @kmpetrov  11 лет назад +2

    Lectures will continue in about 5 weeks with Chapters 4, 5, and 6.

  • @deividpereira4211
    @deividpereira4211 8 лет назад

    I'm from Brazil and i study accounting... love my choose to future of my life!
    This lecture is perfect, congratulation for your Knowledge.

    • @kmpetrov
      @kmpetrov  8 лет назад +1

      A lot of people have the knowledge. And there are thousands of accountants that have significantly better knowledge than me in accounting. I have the teachings skills and they don't. That's the difference; not Knowledge.

    • @predestinedfuturegloballea7210
      @predestinedfuturegloballea7210 7 лет назад

      indeed. You are unique and your teaching style is exceptional.

  • @Relax-fe5tf
    @Relax-fe5tf 2 года назад

    The best lecturer I have ever seen

  • @k.6072
    @k.6072 9 лет назад

    I love the way you explain things.
    Thank you for your video. I start taking my first Acct class on Monday and so this was awesome.

  • @manahilkhan8404
    @manahilkhan8404 8 лет назад +1

    the way you teach is v clear and helpful. thank you so much

  • @seifujado8715
    @seifujado8715 5 лет назад

    the teaching ways, you are the best lecture I like. thank you.

  • @GAMER-jm2hr
    @GAMER-jm2hr Год назад

    it is always the most random teachers on youtube who be explaining better than your whole uni teachers

  • @susanavizard422
    @susanavizard422 7 месяцев назад

    I love how slow you talk. Easy to keep up and I don't even have to stop the video to take notes

  • @andsensakala3903
    @andsensakala3903 7 лет назад

    Thanks for the video, Africa will rise to the highest through education

    • @kmpetrov
      @kmpetrov  7 лет назад

      Hopefully so. Thank You.

  • @musabhamidalhassan2139
    @musabhamidalhassan2139 8 лет назад +1

    special thanks sir Krassimir Petrov it was very very useful
    your students from Sudan

  • @TheAvidaEuros
    @TheAvidaEuros 7 лет назад +2

    Благодаря, Професоре!!!

  • @regatubailu5206
    @regatubailu5206 6 лет назад

    Your teaching method is excellent! your communicating skill is also brief!

    • @kmpetrov
      @kmpetrov  6 лет назад

      Thank you very much. I try to speak well that non-natives can understand. Where do you come from?

  • @kmpetrov
    @kmpetrov  11 лет назад +2

    I don't know when and how I am going to get economics or finance courses (again). It looks like next semester I might be teaching "International Business", but who knows - I need to have my teaching appointment renewed and the new course schedule.

  • @sonnymardiansyah5962
    @sonnymardiansyah5962 10 лет назад

    thanks for the accounting information, for me that have problem with my broken english, your pronaunce & vocab to your words help me alot to understrand.

  • @catherinechung-qz8be
    @catherinechung-qz8be 7 месяцев назад

    Love this vedio explainable

  • @Kokotao88
    @Kokotao88 3 года назад +1

    Thank you so much professor for this lecture !!

  • @abubakarsaddiq6482
    @abubakarsaddiq6482 8 лет назад

    That's very good to re-teach us through online, but is better teach/solve any subject on the principle of account.

  • @mutanafaruk2973
    @mutanafaruk2973 7 лет назад

    Thank you galore for this superb lecture. It has really impacted me the fundamental rudiment of accounting knowledge. it is very insightful.

  • @joverbylachicallamador576
    @joverbylachicallamador576 3 года назад

    Incredible lecture Sir, very helpful for my lesson. Thank you.

  • @AsiMaral
    @AsiMaral 10 лет назад

    Thanks a lot. Lecturer explains in a very understandable way

  • @saikovvali
    @saikovvali 11 лет назад +1

    Dear Prof. Thanks for your lectures on variety of topics. They are very communicative and useful. I personally gained from them a lot. My appreciation for you energy and commitment. With best wishes
    Dr.Satya, Visiting prof.(retd., Konkuk Univ, Seoul.

  • @E_jXCIII
    @E_jXCIII 9 лет назад

    I am so going to follow all your classes

  • @arwake2231
    @arwake2231 3 года назад

    sorry I don't know what to say but you are amazing sir thank you sooooo much. All my respect

  • @mohammedalsadig-6755
    @mohammedalsadig-6755 6 лет назад

    one of the best lecture I have ever watch many thanks

    • @kmpetrov
      @kmpetrov  6 лет назад

      Thank You very much.

  • @libyanmeme85
    @libyanmeme85 Год назад

    Thank you I had learn a lot from you professor ✨🌷

  • @BitDecoder
    @BitDecoder 9 лет назад

    Thanks alot for this video. Great teaching Mr. Petrov.

  • @matp9389
    @matp9389 6 лет назад

    Thanks for sharing. I'm very happy to have found your channel. Just learned I'm an interested internal user.

    • @kmpetrov
      @kmpetrov  6 лет назад

      I have about 20 more courses for you. Yes, please spread the word to your friends and relatives.

  • @kmpetrov
    @kmpetrov  11 лет назад +1

    Right now there are about 10 lectures in accounting. There are about 10 more coming in about 5-6 weeks.

  • @ItalianDC
    @ItalianDC 10 лет назад +42

    arent these kids in college? what disrespect.

    • @kmpetrov
      @kmpetrov  10 лет назад +11

      Unfortunately, this is a college.

    • @29_lets_go
      @29_lets_go 4 года назад +1

      online > on campus

  • @iddikadoyo895
    @iddikadoyo895 7 лет назад +2

    all the way from Tanzania...i wish you were our lecturer

    • @kmpetrov
      @kmpetrov  7 лет назад

      Good luck. May be one day you will have someone like me.

  • @ashishprudhvi5247
    @ashishprudhvi5247 10 лет назад +2

    clear and understandable!!

  • @kashifhakimi680
    @kashifhakimi680 7 лет назад

    Thank you sir for your Lecture iam alot of thing Learn in your Lecture ones again Thanks you for your videos sharer in internet

  • @allesgut445
    @allesgut445 8 лет назад

    Thank you so much, I could understand easy what you said even I'm not negotiation level of English. best regard from South Korea.

  • @kmpetrov
    @kmpetrov  11 лет назад +1

    Thanks a lot.

  • @bangtaithanhcongthuyphan.2897
    @bangtaithanhcongthuyphan.2897 Год назад

    Thank you so much. It's very wonderful 💐🎉

  • @collenmakore8101
    @collenmakore8101 5 лет назад

    Thus a very very good subject

  • @deepvyas3972
    @deepvyas3972 2 года назад

    Very nice lecture

  • @AAdam-xz3qg
    @AAdam-xz3qg 8 лет назад +1

    Thanks so much from Morocco, awsome prof

  • @adventurer-ii4nq
    @adventurer-ii4nq 11 лет назад

    Thank for your videos and your replies, I have found this slide and many interesting things.
    Thanks and have a nice day!

  • @21ADB21
    @21ADB21 11 лет назад +1

    thank you for taking the time to upload the vid's.

  • @nikiz5731
    @nikiz5731 4 года назад

    Am in love with you and the subjects 😁

  • @coldsongsfirdous729
    @coldsongsfirdous729 5 лет назад

    I like ur style , simple,impressive.from pakistan

  • @ahmedosman7738
    @ahmedosman7738 5 лет назад

    Thanks a lot, you are waw! You are outstanding lecturer

  • @meyma03
    @meyma03 5 лет назад

    Thanks for your help and I am understand your explanation

  • @sohaibkhandakar1838
    @sohaibkhandakar1838 2 года назад

    Thank you sir. It's helping me in 2021

  • @kifayatkhan9303
    @kifayatkhan9303 Год назад

    Best explanation. Thanks professor

  • @yours_truly_cherisse6291
    @yours_truly_cherisse6291 3 года назад

    Omg your such an amazing lecturer.. You explain everything so well.. thank you so much for these videos and the energy you've put into making them ❣

  • @kmpetrov
    @kmpetrov  11 лет назад +2

    More lectures should be coming around mid-late November.

  • @hamedm9330
    @hamedm9330 9 лет назад +1

    awesome ... Thak you so much ...

  • @user-wx8ym7vz6r
    @user-wx8ym7vz6r 4 года назад

    im just looking for how to learn about base accouting knowlede. this is very good lecture for beginners like me:D thank u so much😊

  • @khalidhony
    @khalidhony 8 лет назад

    رااااااااااااااااااااااائع very nice

  • @jihyepark
    @jihyepark 8 лет назад +1

    Thank you professor. It is an amazing lecture and so helpful for me to start study accounting. your explainations are just perfect even I am not an English speaker & first leaner in accounting. I really want to say thank you!!! and Happy New Year.

  • @kmpetrov
    @kmpetrov  11 лет назад

    Usually, PowerPoint slides are FREE to download from the textbook publisher. Search the textbook, find the publisher, go on their site, find the textbook, and you will find the powerpoints available for download.

  • @Dellboy255
    @Dellboy255 7 лет назад

    Thanks Krassimir, your videos helped me obtain the MBA, keep up the good work! Derek

    • @kmpetrov
      @kmpetrov  7 лет назад

      I am glad I was helpful.

  • @danielwilson1869
    @danielwilson1869 4 года назад

    That's nice

  • @danielwilson1869
    @danielwilson1869 4 года назад

    And thank you for your work

  • @farahrahma7572
    @farahrahma7572 7 лет назад

    Those people don't know how lucky they are to have u

    • @kmpetrov
      @kmpetrov  7 лет назад

      I know. Unfortunately, most of them don't care about learning.

  • @renaldowallace6739
    @renaldowallace6739 7 лет назад

    this video is super good

  • @mohammedadnanshaif5040
    @mohammedadnanshaif5040 7 лет назад

    thank you so much, your explanation is very well and very clear I really like your way

  • @shibypc
    @shibypc 10 лет назад

    Really good

  • @joaovictorbarbosa9785
    @joaovictorbarbosa9785 4 года назад

    Amazing professor.