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.
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!
you just saved my life, The Indirect method has been a block for me to achieve my CPA finalist status.... Receive love from Kenya . It is a shame that i am getting to know you this late... You make accounting to be fun learning
Absolutely cool video! Helpful! Especially to understand what’s good for cash - it makes sense right way. I will rewatch it again to solve tasks faster
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!
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 😊
You made this so easy. This means you really get it so you can help others to understand. Loved the presentation. Wishing you continued success in your career. I wish I could subscribe 10 times more.
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.
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.
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
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!
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
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.
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!
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 !
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!
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!
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?
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
Hi my brother, there is a mistake in your calculations. You should add 825,000 to the investment cash. Regarding the cash paid for investment, I must say that the balance at the end of the period with the deduction of depreciation is 3500000 and to get the correct amount of cash paid for investment, we must add depreciation (825000) and then calculate the investment cash. The final result is consistent. It is because the amount of 825,000 is hidden in the shareholders' equity, the shareholders' equity in this balance is 4375,000, not 5200,000. 4050000 plus net profit is 4375000 not 520000. That is why the cash statement is balanced. Thank you for your good teaching
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.
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
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?
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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.
Thinking of putting that on a tshirt. Thanks!
thank you Mr. @@TheFinancialController
Easy
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!
you just saved my life, The Indirect method has been a block for me to achieve my CPA finalist status.... Receive love from Kenya . It is a shame that i am getting to know you this late... You make accounting to be fun learning
Thank you very much it is the first time for me to fully understand cash flow statement
Absolutely cool video! Helpful! Especially to understand what’s good for cash - it makes sense right way. I will rewatch it again to solve tasks faster
Glad it was helpful!
You have just saved my life and my exam. Thank youuuuu
omg I started to love accounting thanks to you.
Thanks a lot
I recently landed my job as an audit associate at of the big4 firms, thank you for the great inspiration and tips
Congrats!
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!
happy it makes sense!
Thanks for your Vedio, I am getting more support from your vedio . thank you you are my real teacher . Lots of love from nepal
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 😊
You made this so easy. This means you really get it so you can help others to understand. Loved the presentation. Wishing you continued success in your career. I wish I could subscribe 10 times more.
Glad it was helpful!
Very clear explanation! Thank you!
Glad you enjoyed it!
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 .
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.
Glad it was helpful Maria!
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 😅
Haha nice
Omg, This video is so helpful.. you should become an accounting professor… Thank you so much.. Now I overstand..
The clear explanation plus the use of excel really help us to follow the logic behind it, thanks a lot!
Glad it was helpful!
Thank you so much! This is the by far the most well explained video on cash flow!
Glad it was helpful!
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.
Thank you for watching and commenting!
Thank you, i have watched many videos on preparing cash flow, this is the best.
God bless you! You helped me to understand the cash flow statement, keep up the good work.
Thanks a lot for your efforts in making this video. It makes the subject of cash flow easy to understand.
Thank you so much, I watched many videos, but it wasn't as what you are given us , thanks again
Great to upgrade my knowledge after watching your random videos that appear on my timeline. Thanks!
We look forward to viewing all of your videos. Viewers, stick with this channel. The others seem to flounder.
Man this video has helped me to really understand indirect method. Thank you. 😊
Great to hear!
Was looking for simple explanation. Finally i got it. Thanks a lot.
Beautifully explained. You're a great teacher
Thank you!!
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
Thanks for explaining, I always used AIR (Assets Increase, Remove) but this actually helps with the underlying understanding. Many thanks!
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!
Good stuff!
Thank you for explaining it so thoroughly! I am currently studying for my CPA FAR exam, so this video was extremely helpful!
Glad it was helpful!
Bulls eye with simple explanation... 👍
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
extremely well explained.. very simplified and clear.. appriciate this..
Thank you so much bill. Since studying Accounting, Cash Flow is always difficult to learn. But now, I could under stand the concept
your videos are always very clear and effective
Thanks man, you are brilliant and doing great things to others 👍🏼
I appreciate that!
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.
WELL EXPLAINED BRAVO SIR....... SO SIMPLE BUT LUCID GR8
Thanks Mithun!
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!
Excellent explanation & video. 👏👍
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.
Love from 🇧🇩🇧🇩🇧🇩 Bangladesh, Sir
Great explanation 👍
I have exam next week and I couldn't understand this indirect method. Thank you so much
You are most welcome
Thanks for the video ! It was really helpful :)
Excellent explanation !
Glad you liked it!
Well explained, thanks and well-done. your videos are always very clear and effective.
you make it look so easy, thank you so much.
Great video! easy to understand!
Glad to hear that!
Easy to follow. Great content!
Thank you sir. Easy to understand ! Is it good or bad for CASh?!👌🏽
Thank you for this Presentation. Much appreciated.
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 !
This was a good refresher!
very well explained. thanks
Thank you nice tricks to make us understand
It's my pleasure
I like your explanation. is that right when calculating cash inflow from investing activities depreciation should be considered as well?
Well explained, thanks and well-done. Great FC!
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!
Well explained 👏...
Well explained thanks 👍
For those studying in college or for FAR - YOU MUST WACTH THIS VIDEO!
Excellent video.
Highly recommended. 👍🏽
It is very useful, thanks
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!
Big 4.
Love your explanation! Thanks a lot for this videos!
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?
Great explanation!
Glad it was helpful!
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?
Bill, I would ask in case we have dividends to pay - how it would be recorded in CFS?
U never fail
Thank you for this great video
Glad you enjoyed it!
Good job 👍
Excelente vídeo. Thank you
this was a fun lesson
Very much helpful.. thansk
Great video!
Thanks!
Wow! Great accountant
quick question: is shareholders equity going up not included in the financing cash flow?
Hi Bill. Is there a way to automate/semi-automate the preparation of this CFS statement?
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
Appreciate it, valuable
Hi my brother,
there is a mistake in your calculations. You should add 825,000 to the investment cash. Regarding the cash paid for investment, I must say that the balance at the end of the period with the deduction of depreciation is 3500000 and to get the correct amount of cash paid for investment, we must add depreciation (825000) and then calculate the investment cash. The final result is consistent. It is because the amount of 825,000 is hidden in the shareholders' equity, the shareholders' equity in this balance is 4375,000, not 5200,000. 4050000 plus net profit is 4375000 not 520000. That is why the cash statement is balanced.
Thank you for your good teaching
I was looking for this comment the whole time. Why did none recognized this?
@@Noah-uu3br ❤️❤️
THANK YOU!
Wonderful!
Can you explain, why the increase in liability is good? Why its shown shown positive?
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.
Do you have an accounting course ? I wanna learn from you
Yes it’s on my website
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
How to treat retained earning and common stock in cash flow statement in indirect method
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?
Very useful. Thks
Awesome..thanx a lot.
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?
If only my doctor in college shows it that easy ...
What are the other items should be added back to net income besides depreciation?
Amortization and stock compensation expenses are common
Hello, I have a question 🙋♀️
Why are interest and tax sometimes under operating activities?