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Cashflow Statement Indirect Method, explained

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In this video I show (by example) how to prepare the Cashflow Statement, the indirect method.
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Опубликовано:

20 авг 2024

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Комментарии : 180

@404TRUCKERTV 2 года назад

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 2 года назад

Thinking of putting that on a tshirt. Thanks!

@Remueru3 2 месяца назад

thank you Mr. @@TheFinancialController

@paulmanoti1070 24 дня назад

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

@JarlTryggve 2 года назад

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!

@missy567ful 3 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!

@TheFinancialController 3 месяца назад

happy it makes sense!

@ibrahimgabal4216 6 месяцев назад

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

@SkateTakesTheWorld 2 года назад

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

@ltran6535 2 года назад

Congrats!

@khanhlinhang9456 Год назад

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

@mariafernandasanchez6459 2 года назад

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.

@TheFinancialController 2 года назад

Glad it was helpful Maria!

@themanfromoregon6047 Год назад

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.

@TheFinancialController Год назад

Thank you for watching and commenting!

@ditabahari5295 3 месяца назад

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

@TheFinancialController 3 месяца назад

Glad it was helpful!

@martinkohn6231 2 года назад

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

@manikaur748 2 года назад

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

@TheFinancialController 2 года назад

Glad it was helpful!

@jojojojo-pu1pt 2 года назад

omg I started to love accounting thanks to you.

@TheFinancialController 2 года назад

Thanks a lot

@carenasemerel1953 Год назад

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

@Channelll111 2 года назад

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

@user-yc2cs2mp6f 8 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 😊

@HappyEmileHeskey Год назад

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

@nannee4282 Год назад

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

@markrongan6500 2 месяца назад

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

@TheFinancialController 2 месяца назад

Great to hear!

@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 .

@xx-kp2qp 8 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 😅

@TheFinancialController 8 месяцев назад

Haha nice

@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

@chenxixia585 8 месяцев назад

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

@TheFinancialController 8 месяцев назад

Glad it was helpful!

@alimohamedahmed2328 2 года назад

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

@Miriamfeghaly00110 2 года назад

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!

@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-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.

@colouroflife5504 Год назад

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

@rasraster 7 месяцев назад

Beautifully explained. You're a great teacher

@TheFinancialController 7 месяцев назад

Thank you!!

@poonamdeshpande9371 2 года назад

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

@shahjadamonsur1110 2 года назад

Bulls eye with simple explanation... 👍

@rasiajones1835 Месяц назад

Very clear explanation! Thank you!

@TheFinancialController Месяц назад

Glad you enjoyed it!

@AbdullahGalal 9 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!

@TheFinancialController 9 месяцев назад

Good stuff!

@jasjeetsingh6220 Год назад

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

@Vasantha.Praveen 2 года назад

your videos are always very clear and effective

@md.ripanpatwary7961 2 года назад

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

@yehiazakaria1545 2 года назад

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

@rayanamer2999 5 месяцев назад

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

@TheFinancialController 5 месяцев назад

I appreciate that!

@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

@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.

@user-yy8ww4tk2r 9 месяцев назад

Excellent explanation !

@TheFinancialController 9 месяцев назад

Glad you liked it!

@deniisnandahidayat7266 2 года назад

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

@PaulZougras 2 года назад

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

@sarahr9964 8 месяцев назад

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

@TheFinancialController 8 месяцев назад

You are most welcome

@mithunsaha1 Год назад

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

@TheFinancialController Год назад

Thanks Mithun!

@FundamentalEconomics 2 года назад

Love from 🇧🇩🇧🇩🇧🇩 Bangladesh, Sir

@ahss6275 2 года назад

Excellent explanation & video. 👏👍

@aaroacademy 2 года назад

Thank you for this Presentation. Much appreciated.

@gauudi8230 Год назад

Easy to follow. Great content!

@nathannguyen4127 8 месяцев назад

Great video! easy to understand!

@TheFinancialController 8 месяцев назад

Glad to hear that!

@CPATuttle Год назад

This was a good refresher!

@lucatintor4896 2 года назад

Excellent video.

@sylviasanchez6030 4 месяца назад

Well explained, thank you

@TheFinancialController 4 месяца назад

Glad it was helpful!

@christophermoriarrty6883 2 года назад

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

@NasreenMasha-um6pv 4 месяца назад

Thank you nice tricks to make us understand

@TheFinancialController 4 месяца назад

It's my pleasure

@mustaphaoyinlola2692 2 года назад

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

@user-ku9oo3wu2o 2 года назад

Love your explanation! Thanks a lot for this videos!

@antaramalis 2 года назад

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

@KingOFFLINE 8 месяцев назад

Great explanation!

@TheFinancialController 8 месяцев назад

Glad it was helpful!

@petertenay1785 8 месяцев назад

U never fail

@arbazahmad7177 2 года назад

Well explained 👏...

@omedaubed Год назад

It is very useful, thanks

@mariambennasr4549 2 года назад

Well explained thanks 👍

@TheEgunjobi 2 года назад

Highly recommended. 👍🏽

@MahyarAstani 9 месяцев назад

Thank you for this great video

@TheFinancialController 9 месяцев назад

Glad you enjoyed it!

@nabeelkhan00 Год назад

Great explanation 👍

@noorsivi1384 Год назад

very well explained. thanks

@ranjithkumar-hd6kc Год назад

Very much helpful.. thansk

@safwaneeidel6649 10 месяцев назад

Thanks for the video ! It was really helpful :)

@andreraphael1875 2 года назад

Wow! Great accountant

@tshegomotaung5249 2 года назад

this was a fun lesson

@godisgoodgood62 2 года назад

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!

@TheFinancialController 2 года назад

Big 4.

@mintp889 5 месяцев назад

THANK YOU!

@Wale_mo 2 года назад

Good job 👍

@rachelcoleman4824 Месяц назад

Wonderful!

@investorslifepk Год назад

Appreciate it, valuable

@angelopitruzzella3985 Год назад

Great video!

@TheFinancialController Год назад

Thanks!

@zakiqadiri4065 2 года назад

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

@thecrazymonks01 Год назад

Awesome..thanx a lot.

@TheJdelgomes Год назад

Excelente vídeo. Thank you

@nurmohammed504 2 года назад

Thank very much

@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!

@blixerblacking4211 Год назад

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?

@NS-tz3nt 11 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 !

@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 ?????

@user-sq8li2os8v 4 месяца назад

thank you so much

@TheFinancialController 4 месяца назад

You're welcome!

@kelexqiang5 Год назад

Very useful. Thks

@reginalibinga9647 11 месяцев назад

good financial controller

@accounting_for_everyone Год назад

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

@Noah-uu3br 4 месяца назад

I was looking for this comment the whole time. Why did none recognized this?

@accounting_for_everyone 4 месяца назад

@@Noah-uu3br ❤️❤️

@muhammadameen139 2 года назад

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

@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.

@damianmysciak3264 2 года назад

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

@sbid1 9 дней назад

quick question: is shareholders equity going up not included in the financing cash flow?

@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

@TheJaebeomPark Год назад

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

@asj2749 8 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?

@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?

@oiinahgiiusadurrybrahchuck7209 Год назад

On the point of increase in AR… what if you have really good days outstanding ratio and the AR increase is inline with growth expectations? ie you would expect a business with growing operations to increase credit sales accounts each period. Wouldn’t it be a “negative” to have a decreased AR?

@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?

@user-sq2ug5jk5s 3 месяца назад

Understood this in 12 mins , professors and lecturers are just a waste ugh

@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