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FINANCIAL STATEMENTS: all the basics in 8 MINS!
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499,702 Views ā€¢ Oct 11, 2022 ā€¢ Click to toggle off description
šŸ’„Financial Statement Cheat Sheets ā†’ accountingstuff.com/shop
šŸ–ŠFinancial Statement Practice Questions ā†’ accountingstuff.com/practice-questions

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.

šŸ”—VIDEO LINKS

ā–Ŗ Balance Sheet video ā†’ Ā Ā Ā ā€¢Ā TheĀ BALANCEĀ SHEETĀ forĀ BEGINNERSĀ (Full...Ā Ā 
ā–Ŗ Income Statement video ā†’ Ā Ā Ā ā€¢Ā TheĀ INCOMEĀ STATEMENTĀ forĀ BEGINNERSĀ Ā 
ā–Ŗ Cash Flow Statement video ā†’ Ā Ā Ā ā€¢Ā TheĀ CASHĀ FLOWĀ STATEMENTĀ forĀ BEGINNERSĀ Ā 

šŸ”“Subscribe for more Accounting Tutorials ā†’ geni.us/subtothechannel

ā±ļø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

šŸ”ŽFAQ
ā–Ŗ My Favourite Accounting Book for Beginners ā†’ geni.us/5mKR7m

šŸŽ¬LEARN ACCOUNTING BASICS FOR FREE
ā–Ŗ The Full Playlist ā†’ Ā Ā Ā ā€¢Ā ACCOUNTINGĀ BASICSĀ forĀ BeginnersĀ (Whol...Ā Ā 

šŸ” CLOUD ACCOUNTING SOFTWARE
ā–Ŗ QuickBooks Online USA (FREE TRIAL/DISCOUNT) ā†’ geni.us/jA9N
ā–Ŗ QuickBooks Online Canada (FREE TRIAL/DISCOUNT) ā†’ geni.us/bNN7
ā–Ŗ Xero (FREE TRIAL) ā†’ xeroamericas.grsm.io/ck90eoq1r6tu

šŸš¶FOLLOW ME ON
ā–Ŗ Instagram ā†’ www.instagram.com/accountingstuff
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ā–Ŗ Facebook ā†’ www.facebook.com/thisisaccountingstuff/

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Some of the links above are affiliate links, where I earn a small commission if you click on the link and purchase an item. You are not obligated to do so, but it does help fund these videos in hopes of bringing value to you!
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#accounting #financialstatement #accountingstuff
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Views : 499,702
Genre: Education
Date of upload: Oct 11, 2022 ^^


Rating : 4.915 (267/12,245 LTDR)
RYD date created : 2024-05-15T21:20:10.715772Z
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YouTube Comments - 390 Comments

Top Comments of this video!! :3

@DB-ru9qd

1 year ago

At the beginning of the semester, I thought I would fail accounting, if that happened I wouldnā€™t be able to graduate on time or transfer to my dream school. Then I found this channel and everything clicked. I just took my final and my professor said I should consider accounting as a career because I improved so much. Words cannot describe how thankful I am that you make this videos. You played an indispensable roll in helping me achieve the life I want. Thank you SO MUCH ā¤

276 |

@ScorpioX3000

1 year ago

You have to be the best accounting teacher to ever exist. Your edits, clips, examples and explainations are the best. Thank you so so much.

50 |

@Campbell957

9 months ago

Creating wealth and gaining financial freedom isnā€™t as difficult as lots of people think. Through the right information, building wealth and staying financially stable forever is way easy. Investing is the only true way to earn a great income and staying wealthy forever..

204 |

@anitaroger8497

10 months ago

Thank you for another informative and thoughtful presentation. One of the things I value is learning. Since I retired in January I have been participating in some on-line classes.

170 |

@nthabisengmosehlemosehle7025

1 year ago

This is truly the best accounting tutor I've ever had, thanks a ton!

1 |

@mercyshimray8637

1 year ago

Amazingly done, without all the complications jargon!! If you can't explain it simply enough, you dont understand it well enough!!! Simplicity is the ultimate sophistication!!! Thank you , taken a lot out of it . Kudos !!

2 |

@abimaelmendoza5721

1 year ago

I really like your videos, Iā€™m not an accountant but I find all of this very interesting. I was checking your channel and wanted to ask, do you have any video related to accounting but for personal finances? It would be nice to see how it applies to a non-business scenario.

7 |

@free671

1 year ago

Awesome stuff! Thank you for these videos, please keep making them. Your explanations make it so much easier to understand the information.

2 |

@nthwndroregano6604

1 year ago

going into my last year of accounting at university and have never forgotten your vids james!šŸ¤©

20 |

@edukatormilenial

1 year ago

I love how you explain them clearly and lightly šŸ˜Š much obliged

|

@_hhbk2128

3 months ago

Just what I was looking for. A simple and to the point explanation. thanks

6 |

@NewNoise1

1 year ago

Youā€™re such a genius and a great teacher. Thank you!

|

@Ladymari13

3 months ago

Thank you for this! It really helps. And thank you to my BF for introducing me to your channel. I am having a lot of fun learning all these accounting stuffs.

4 |

@Matthieuwil

1 year ago

As a finance major, this video is extremely helpful!

3 |

@mamique

1 year ago

Another fantastic video! Thank you for making these. Thanks to your videos I aced my begginers accounting class. Now I'm a month into intermediate accounting and the textbook couldn't be any more confusing if it tried. Have you considered making videos for more challenging topics? Alternatively do you offer tutoring services because I'm lost, haha.

2 |

@hugogranados2154

1 year ago

Love the content! As an accounting major this really helps to breakdown what i donā€™t understand in class. Thank you!! I wanted to ask if you can make a video breaking down the accounting tree. Taking each one (financial, managerial, auditing, bookkeeping, tax, etc.) and breaking them down into what it essentially is, what it provides, how it looks like, etc. Once again thank you for all the help!

25 |

@investingfolks

1 year ago

Hello, you have no clue how thankful I am to you for preparing this playlist. I have saved it, and want to thank you once again.

7 |

@CKBREEZY7

4 months ago

Accounting stuff channel for me is one of the best channels on YouTube.

2 |

@dawnfmEnthusiast

1 year ago

Your videos are great! Have been helping me upgrade my business practices

3 |

@kendalllao

1 year ago

By far the most entertaining and informative channel about accounting on YouTube, perhaps the universe! Any chance to create some contents about bad debts and doubtful debts James? Or I missed it? šŸ˜Š

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