Cashflow Statement Indirect Method, explained

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  • Опубликовано: 29 янв 2022
  • In this video I show (by example) how to prepare the Cashflow Statement, the indirect method.
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Комментарии • 173

  • @404TRUCKERTV
    @404TRUCKERTV 2 года назад +31

    man I don't know why accounting professors can't just teach this easy. cash flow statement always have me confused until now. Is it good or bad for cash? that makes so much sense lol.

    • @TheFinancialController
      @TheFinancialController  2 года назад +1

      Thinking of putting that on a tshirt. Thanks!

    • @Remueru3
      @Remueru3 20 дней назад

      thank you Mr. ​@@TheFinancialController

  • @JarlTryggve
    @JarlTryggve 2 года назад +36

    This was really fun to watch. Much more interesting than my accounting textbook! Thank you for taking the time to explain this at a level a rookie can understand. I really enjoy your videos!

  • @martinkohn6231
    @martinkohn6231 2 года назад +2

    Thanks a lot for your efforts in making this video. It makes the subject of cash flow easy to understand.

  • @ibrahimgabal4216
    @ibrahimgabal4216 4 месяца назад +2

    Thank you very much it is the first time for me to fully understand cash flow statement

  • @HappyEmileHeskey
    @HappyEmileHeskey Год назад

    Thanks for explaining, I always used AIR (Assets Increase, Remove) but this actually helps with the underlying understanding. Many thanks!

  • @ramajaya811
    @ramajaya811 2 года назад

    Thank you so much bill. Since studying Accounting, Cash Flow is always difficult to learn. But now, I could under stand the concept

  • @user-yc2cs2mp6f
    @user-yc2cs2mp6f 7 месяцев назад

    I have been watching you since 2020, and I cant wait you for the nexet video, your way that you explain is very professional and very easy in the same time , thank you 😊

  • @Channelll111
    @Channelll111 2 года назад

    Great to upgrade my knowledge after watching your random videos that appear on my timeline. Thanks!

  • @khanhlinhang9456
    @khanhlinhang9456 11 месяцев назад +2

    You have just saved my life and my exam. Thank youuuuu

  • @Vasantha.Praveen
    @Vasantha.Praveen 2 года назад

    your videos are always very clear and effective

  • @colouroflife5504
    @colouroflife5504 Год назад

    Was looking for simple explanation. Finally i got it. Thanks a lot.

  • @jasjeetsingh6220
    @jasjeetsingh6220 Год назад

    extremely well explained.. very simplified and clear.. appriciate this..

  • @nannee4282
    @nannee4282 Год назад +1

    God bless you! You helped me to understand the cash flow statement, keep up the good work.

  • @alimohamedahmed2328
    @alimohamedahmed2328 2 года назад

    Thank you so much, I watched many videos, but it wasn't as what you are given us , thanks again

  • @mariafernandasanchez6459
    @mariafernandasanchez6459 2 года назад +2

    Very helpful. The statement of cash flow was one of the most difficult to analyse for me and you explain it clearly, concise, making it easier to understand. Thank you so much.

  • @poonamdeshpande9371
    @poonamdeshpande9371 Год назад

    Thank you, i have watched many videos on preparing cash flow, this is the best.

  • @shahjadamonsur1110
    @shahjadamonsur1110 2 года назад

    Bulls eye with simple explanation... 👍

  • @deniisnandahidayat7266
    @deniisnandahidayat7266 2 года назад

    you make it look so easy, thank you so much.

  • @chenxixia585
    @chenxixia585 7 месяцев назад

    Thank you so much! This is the by far the most well explained video on cash flow!

  • @qwertz9501
    @qwertz9501 2 года назад

    i like your kind of videos and your deeply explanations with practicle backing up storys: keep on grinding & uploading content "free" to watch on yt.

  • @ditabahari5295
    @ditabahari5295 2 месяца назад

    The clear explanation plus the use of excel really help us to follow the logic behind it, thanks a lot!

  • @shuyebrizvi6002
    @shuyebrizvi6002 Год назад

    How amazing method of teaching, your videos are very 2 informative and easily understandable. I m really a big fan of u. God bless u .

  • @gauudi8230
    @gauudi8230 Год назад

    Easy to follow. Great content!

  • @md.ripanpatwary7961
    @md.ripanpatwary7961 2 года назад +1

    Well explained, thanks and well-done. your videos are always very clear and effective.

  • @rasraster
    @rasraster 6 месяцев назад

    Beautifully explained. You're a great teacher

  • @subedivlogs4587
    @subedivlogs4587 Год назад

    Thanks for your Vedio, I am getting more support from your vedio . thank you you are my real teacher . Lots of love from nepal

  • @mustaphaoyinlola2692
    @mustaphaoyinlola2692 2 года назад

    Well explained, thanks and well-done. Great FC!

  • @jojojojo-pu1pt
    @jojojojo-pu1pt 2 года назад +1

    omg I started to love accounting thanks to you.

  • @themanfromoregon6047
    @themanfromoregon6047 Год назад +2

    I've been rewatching this regularly. In my associates program, we only focused on Income Statement, Statement of OE and Balance sheet, so this is the next big step we flow into during the Bachelors program. This is a super helpful video, and as a tutor, this is the kind of explanation I want to fully understand when I eventually help other students reach their goals.

  • @aaroacademy
    @aaroacademy Год назад

    Thank you for this Presentation. Much appreciated.

  • @SkateTakesTheWorld
    @SkateTakesTheWorld 2 года назад +2

    I recently landed my job as an audit associate at of the big4 firms, thank you for the great inspiration and tips

  • @user-ku9oo3wu2o
    @user-ku9oo3wu2o 2 года назад

    Love your explanation! Thanks a lot for this videos!

  • @missy567ful
    @missy567ful 2 месяца назад

    I used to wreck my brain on the logic behind why we're adding or subtracting non cash items from net income, but you cleared that up. When ypu read verbiage in a book, you want to understand everything, but everyone's explanation could use some fine tuning to see the bigger picture of things and you truly are breaking things down for me. Thank you so much!

  • @ahss6275
    @ahss6275 2 года назад

    Excellent explanation & video. 👏👍

  • @carenasemerel1953
    @carenasemerel1953 Год назад

    Omg, This video is so helpful.. you should become an accounting professor… Thank you so much.. Now I overstand..

  • @markrongan6500
    @markrongan6500 Месяц назад

    Man this video has helped me to really understand indirect method. Thank you. 😊

  • @CPATuttle
    @CPATuttle Год назад

    This was a good refresher!

  • @Miriamfeghaly00110
    @Miriamfeghaly00110 2 года назад +6

    Hi, I really like your content and how you explain things in an easy manner! Can you please do some videos about fund accounting and accounting in non-profits ( like foundations and organizations that are grant-funded)? It would really help me and other people!
    Thank you!

  • @safwaneeidel6649
    @safwaneeidel6649 9 месяцев назад

    Thanks for the video ! It was really helpful :)

  • @rayanamer2999
    @rayanamer2999 4 месяца назад

    Thanks man, you are brilliant and doing great things to others 👍🏼

  • @manikaur748
    @manikaur748 Год назад +5

    Thank you for explaining it so thoroughly! I am currently studying for my CPA FAR exam, so this video was extremely helpful!

  • @mariambennasr4549
    @mariambennasr4549 2 года назад

    Well explained thanks 👍

  • @nathannguyen4127
    @nathannguyen4127 7 месяцев назад

    Great video! easy to understand!

  • @noorsivi1384
    @noorsivi1384 Год назад

    very well explained. thanks

  • @lucatintor4896
    @lucatintor4896 2 года назад

    Excellent video.

  • @TheEgunjobi
    @TheEgunjobi 2 года назад

    Highly recommended. 👍🏽

  • @omedaubed
    @omedaubed Год назад

    It is very useful, thanks

  • @antaramalis
    @antaramalis 2 года назад

    Best ....learned cash flow statement like fun..👍👍👍

  • @TheJdelgomes
    @TheJdelgomes Год назад

    Excelente vídeo. Thank you

  • @arbazahmad7177
    @arbazahmad7177 2 года назад

    Well explained 👏...

  • @ranjithkumar-hd6kc
    @ranjithkumar-hd6kc Год назад

    Very much helpful.. thansk

  • @user-yy8ww4tk2r
    @user-yy8ww4tk2r 7 месяцев назад

    Excellent explanation !

  • @mithunsaha1
    @mithunsaha1 Год назад

    WELL EXPLAINED BRAVO SIR....... SO SIMPLE BUT LUCID GR8

  • @nabeelkhan00
    @nabeelkhan00 Год назад

    Great explanation 👍

  • @sylviasanchez6030
    @sylviasanchez6030 3 месяца назад

    Well explained, thank you

  • @NasreenMasha-um6pv
    @NasreenMasha-um6pv 3 месяца назад

    Thank you nice tricks to make us understand

  • @AbdullahGalal
    @AbdullahGalal 8 месяцев назад

    Great explanation! I like the qustion "Is it good or bad for cash"
    I'm preparing a video to show how the cash flow statement works in the ERP system SAP S4HANA and this is a big help. Thank you!

  • @investorslifepk
    @investorslifepk Год назад

    Appreciate it, valuable

  • @MahyarAstani
    @MahyarAstani 7 месяцев назад

    Thank you for this great video

  • @thecrazymonks01
    @thecrazymonks01 Год назад

    Awesome..thanx a lot.

  • @mintp889
    @mintp889 3 месяца назад

    THANK YOU!

  • @rachelcoleman4824
    @rachelcoleman4824 11 дней назад

    Wonderful!

  • @zedanzaki
    @zedanzaki Год назад

    Wonderful job Mr Bill henna you really helping accountants , but make videos by using the inter active smart board so it will very good to watch all the explanation

  • @KingOFFLINE
    @KingOFFLINE 7 месяцев назад

    Great explanation!

  • @tshegomotaung5249
    @tshegomotaung5249 2 года назад

    this was a fun lesson

  • @yehiazakaria1545
    @yehiazakaria1545 2 года назад +3

    Thank you for sharing this valuable information. Much appreciated.
    On the other side , I prepare myself for upcoming accounting / finance interview for Accounting supervisor / finance section head / head of accounts receivable. Accordingly; could you please advise me about the topics that I should review before the interview for the mentioned positions or what's the questions that the interviewer might be ask me ?
    Thanks in advance

  • @nurmohammed504
    @nurmohammed504 2 года назад

    Thank very much

  • @xx-kp2qp
    @xx-kp2qp 7 месяцев назад

    Finally I understood it!!! I am glad I did b4 I leave this life.. Life without understanding cash flow statement is no life at all 😅

  • @Wale_mo
    @Wale_mo 2 года назад

    Good job 👍

  • @kelexqiang5
    @kelexqiang5 10 месяцев назад

    Very useful. Thks

  • @petertenay1785
    @petertenay1785 7 месяцев назад

    U never fail

  • @angelopitruzzella3985
    @angelopitruzzella3985 Год назад

    Great video!

  • @FundamentalEconomics
    @FundamentalEconomics Год назад

    Love from 🇧🇩🇧🇩🇧🇩 Bangladesh, Sir

  • @andreraphael1875
    @andreraphael1875 Год назад

    Wow! Great accountant

  • @zakiqadiri4065
    @zakiqadiri4065 2 года назад +1

    Thank you sir. Easy to understand ! Is it good or bad for CASh?!👌🏽

  • @user-sq8li2os8v
    @user-sq8li2os8v 2 месяца назад

    thank you so much

  • @user-tj5sh3dg1s
    @user-tj5sh3dg1s 2 года назад

    Ups and downs are inevitable in life.
    The more favourable the situation,
    the humbler we need to be.
    Keep bitterness to ourselves
    and leave happiness to others.

  • @jenniferlim2250
    @jenniferlim2250 2 года назад

    Hi Bill. Is there a way to automate/semi-automate the preparation of this CFS statement?

  • @misaelfernandes5024
    @misaelfernandes5024 2 года назад

    muito bom!

  • @TheJaebeomPark
    @TheJaebeomPark Год назад

    I like your explanation. is that right when calculating cash inflow from investing activities depreciation should be considered as well?

  • @mariosxenos3795
    @mariosxenos3795 2 года назад

    Hi there, regarding the equipment purchase difference, don't we count the year end additions before deprecation, i.e. Equipment 20X1 + Depreciation 20X1 - Equipment 20X0?
    Thank you!

  • @firdousq
    @firdousq 2 года назад

    Hi Bill, just found you today doing a search and i loved ur videos. I wanted to get some feedback from u regarding the career path i should be choosing. I have a BA in finance and worked in the field for 2 years and then left the workforce to raise a family. My kids are going to school now and I want to see if i could get my foot into accouting. My experience at this point is obsolete and i most definitely need some classes to brush up. Where do i start? I really want to try to get an entry level job in accounting but should i start looking for accounting assistant jobs instead? I live in Brooklyn, NY. Any kind of feedback would be much appreciated

  • @the_happy_guy3853
    @the_happy_guy3853 Год назад

    Hello Sir...Nice explanation!
    Just one small doubt
    How do we adjust for bad debt expense and allowance of doubtful accounts in the indirect method?

  • @PaulZougras
    @PaulZougras 2 года назад +1

    For those studying in college or for FAR - YOU MUST WACTH THIS VIDEO!

  • @sarahr9964
    @sarahr9964 7 месяцев назад

    I have exam next week and I couldn't understand this indirect method. Thank you so much

  • @NS-tz3nt
    @NS-tz3nt 9 месяцев назад

    Thank you so much ! Do you have any suggestions where I can go to learn about this and Canadian Intermediate Accounting course ? It would be greatly appreciated if you did and would help me so much in my course .
    Thank you !

  • @reginalibinga9647
    @reginalibinga9647 10 месяцев назад

    good financial controller

  • @asj2749
    @asj2749 6 месяцев назад

    Good video, thank you. How come for when making a profit for selling equipment in the operating section in the cash flow statement it shows it as a negative value. Can anyone explain this?

  • @godisgoodgood62
    @godisgoodgood62 2 года назад +1

    Thank you for your explanation! One question I want to ask you is; I have two job offers, one is from a Big four another one is a small accounting firm. The pay is almost the same so I'm kind of confused which one to choose for someone who is coming out of college? Thank you once again!

  • @christophermoriarrty6883
    @christophermoriarrty6883 2 года назад +2

    Hi brother,
    My self christeena, I have 5 years experience in Accounting payable and able to do payable supervisor level. I have done my masters in commerce. So I need to grow my career in Finance or accounting field. So in your opinion which course should I select except cma or cfa. Please advice. I want to do one masters course in UK. So pls reply @The financial controller

  • @kennyacosta1255
    @kennyacosta1255 2 года назад

    I really enjoy these videos ! I did want to ask a question. Is it possible to get an entry level accounting job in the private/corporate sector like a staff accountant with a finance degree ?

  • @aboobacker4
    @aboobacker4 Год назад

    Dear sir, thank you for the video, you had not mentioned about what is the impact of accrued interest and earned interest, could you please give a reply

  • @aarkamudug4478
    @aarkamudug4478 Год назад

    This was really helpful. But, how do you know which item goes to which category. I know the. Items that go into Operating activities such as a/r and a/p, is there any pattern to follow when doing investing and financing. Activities? For example, if you are given a long list of items, how do you differentiate. Do we have to memorize?

  • @mohamedeassa
    @mohamedeassa 2 года назад

    Notification gang

  • @ellywang5457
    @ellywang5457 Год назад

    hi just wondering how about the increase of PPE is not paid by cash but by credit, is it still impact cash flow statement ?

    • @TheFinancialController
      @TheFinancialController  Год назад

      Yes still impacts, and the credit aspect will be picked up in the chance in accounts payable

  • @TheGeneralJos
    @TheGeneralJos 2 года назад

    Hi Bill! This question is wholly unrelated to this video, but I was wondering what your thoughts are on the AICPA's changes to the CPA exam beginning January 2024. I'm expected to graduate with an accounting degree in Spring 2023. I'm in the unique position of possibly being grandfathered into the current exam format, but it's an exciting prospect to take the "new and improved" exam format. Would you offer your considerations?

    • @TheFinancialController
      @TheFinancialController  2 года назад +1

      Sorry I don’t know enough about it but I will take a look at it and might be a good subject for a video

  • @christiancartagena93
    @christiancartagena93 2 года назад

    Just a question on my mind as i am finishing up my business admin associates, I was wondering why someone would do masters in accounting or bachelors in accounting if you can do business admin concentrate in accountant and be more well rounded kind of the best of both worlds. MBA Accounting can qualify you to get a CPA certificate so why just get a masters in accounting ?????

  • @damianmysciak3264
    @damianmysciak3264 2 года назад

    If only my doctor in college shows it that easy ...

  • @blixerblacking4211
    @blixerblacking4211 Год назад +1

    what is the difference between cash flow and net income? when the owner takes his net profit by the end of year doesn't that generate outflow of cash?

  • @muhammadameen139
    @muhammadameen139 2 года назад

    Can you explain, why the increase in liability is good? Why its shown shown positive?

    • @thierryyapi6199
      @thierryyapi6199 2 года назад

      An increase in liability is good and shown as positive because the company got a short term loan from his vendor and didn't have to the make any disbursement for the increase in AP.