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327,894 Views • Feb 24, 2019 • Click to toggle off description
Discover what Assets mean in Accounting. This episode is part of a series exploring Accounting Basics. To see the whole playlist check out the link below. In this Accounting tutorial you’ll hear the definition of Assets in Accounting. I'll also take you through the common types of Asset that are worth knowing about.
⏱️TIMESTAMPS
00:00 - Intro
00:47 - What are Assets in Accounting?
01:30 - Assets Defintion
01:54 - Uncertainty about the Future
02:40 - Future Economic Benefit
03:33 - Straight Line Depreciation
04:00 - Obtained and Controlled
05:08 - Balance Sheet Definition
05:40 - Current Assets
07:00 - Non-Current Assets
🔎FAQ
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🎬LEARN ACCOUNTING BASICS FOR FREE
▪ The Full Playlist → • ACCOUNTING BASICS for Beginners (Whol...
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DISCLAIMER
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 #accountingbasics #accountingstuff
Views : 327,894
Genre: Education
Date of upload: Feb 24, 2019 ^^
Rating : 4.972 (87/12,535 LTDR)
RYD date created : 2022-03-24T05:34:36.877611Z
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YouTube Comments - 604 Comments
Top Comments of this video!! :3
Thank you James, I really appreciate you for sharing the knowledge. You explain the difficult concept in the easiest way.
Thank you!
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Thanks for this. I swear the textbook my accounting class has employed is actively trying to make this stuff harder to understand than it actually is. You've explained assets more completely and easier to understand in 10 mins than Wiley Plus has in 4 chapters.
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Not only am I learning a ton about accounting, but your videos are also just so much fun to watch. Thank you.
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2:20 😆😆😆😆😆 can't stop repl
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These videos are sooooooo amazing in helping me understand. I am a newbie in Business Management and studying the Cycle of Cash. Thank you so much for these!
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I’m preparing for an MBA and as I don’t have financial background, I did find this video really clear and useful! Tnks
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Ay carumba, that was awesome! Dense with info, entertaining, energetic, and altogether the best 10 minutes I could have possibly invested. On to Liabilities!
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Wow, I really love the way you edited the video, good quality, easy to understand. Thank you a lot, sir <3 Keep it up <3 You are helping me study ACCA ^^
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Please make a series for small business owners where you go deeper into the concepts in these video and show actual examples. Like explaining the tax implications of leasing the building for the majority of its useful life and when it's a good idea to capitalize non tangible assets. Also please make a ratio analysis series.
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You're a breath of fresh air. I'll have to rewatch most of your videos to get it down but thanks for sharing your knowledge.
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Hi James. Im an instant fan. Accounting videos are usually boring. But youre doing it with so much enthusiasm and so engaging. Plus teaching it with so much ease. Im learning a lot and looking forward to more videos. Cheers!
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My business implementation plan is due on Sunday for the final course of my MBA and this video series has been a lifesaver! Very grateful, thank you!
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Your videos are absolutely amazing, they're really helping me get through my Accounting unit. I also can't get over how great your skin looks; its glowing!
10 |
This is so good! Just started studying Bookkeeping and been trying to wrap my head around all these terms and concepts and I feel like I am finally starting to get it! Thank you!!!
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I can say "hand on heart" that this is the best definition of assets!
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thank you for making those videos! i just started studying and accounting is one of the class i struggle with... you explain it very clear and organized, it's awesome :) also as a non-native speaker I appreciate the subtitles for better understanding so much!
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Total gem dropped in this vid appreciate it
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The best teacher of accounting I have ever seen
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nobody goes into defintions as deep as you do and I love the way you explain the whys and the hows! please keep it coming....
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@thomasnithin21
4 years ago
James, keep doing this. You have a lot of knowledge, humor, and passion in explaining difficult concepts in the easiest way possible. You. Are. Shredding. This! Thanks for all you do!
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