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5 Trick Questions Frequently Asked in Accounting Job Interviews!

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Футбол слепых. Как жить и играть без зрения?

The 3 Things You Must Learn in Accounting | From a Controller

The Financial Controller

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If your goal is to reach controller or beyond, you will have to learn the following areas in Accounting:
- Procure-to-Pay
- Order-to-Cash
- Record-to-Report
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All views expressed on my channel are mine alone. Not intended as financial or professional advice

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28 сен 2024

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Комментарии : 86

@jamestheaccountant958 2 года назад

Intern here in junior year. Love your videos! Gives useful insight into the profession. Thank you!!

@rebeccak-d8561 2 года назад

Still excellent, value-added content. Have you ever thought about teaching accounting at a local college on the side? You have a way of breaking it down in an easy to understand way.

@TheFinancialController 2 года назад

Haha thanks! You are kind. Maybe at some point.

@adrianacris6848 2 года назад

@@TheFinancialController At the moment you are happy with your job , right ? 🙂

@TheFinancialController 2 года назад

🙌 yes

@mendybekhor8827 2 года назад

I second that!

@extremeresponsibility 2 года назад

Well done on taking a teaching approach

@TheFinancialController 2 года назад

🙏 thanks

@johnpaulgreer6832 2 года назад

I just accepted a Staff Accountant position out of school (A/R Specialist for my last few months of school). My end goal is CFO, but maybe controller. My BS degree is in accounting obviously, but my new job has a tuition reimbursement program and I want to utilize this. How valuable would getting my MBA? More or less valuable than CMA? (I understand CPA is most valuable, but I don’t think it will be something I want to pursue). Could you speak to this? Any advise is appreciated

@TheFinancialController 2 года назад

An mba is more valuable and more work. I will try to address in a video

@IncredibleVirajPatra 3 месяца назад

Thank you so much for your vast industry knowledge.

@gracevictor3865 2 года назад

I've learnt so much from your videos to date. Thank you very much 😊

@kwisa4899 2 года назад

Ur the best coache u make account work to be easier

@hansredgate1 2 года назад

Hey! Love the videos, keep up the good work. I have a separate question that I want to ask. As per your big 4 videos, you have always spoken about people from Audit becoming a financial controller. I am in Transaction Services and I am contemplating with Controlling in the long term. Is this switch difficult?

@TheFinancialController 2 года назад

It’s not conventional but not unheard of

@asmaseadjama6422 2 года назад

Firstly, thank for you content i really love it .as well as Iam general opposess in finance particular financial analysis so help me which area should I focus. Thanks 😊

@wfhockeyplayer10 2 года назад

What is your opinion on someone doing 3-5 years in big 4 Financial Services audit, then transitioning to some FP&A or corporate finance role, and going to get a T15 MBA around that time too, is that a good path to becoming a role like Director of Finance or CFO coming from a non target school?

@TheFinancialController 2 года назад

I like it yes

@debeman2278 2 года назад

Can you give as more on some advanced accounting in construction field

@TheFinancialController 2 года назад

Sorry but not my specialty

@IncredibleVirajPatra 3 месяца назад

Pls tell me about the FP&A Process and how I can do it or fit into being into the RTR process for so many years.

@TheFinancialController 3 месяца назад

future video

@alexsonga4742 2 года назад

On the point Bill.Thanks for sharing.

@TheFinancialController 2 года назад

Thanks Alex

@ZofiaSak Год назад

Big fat thumbs up! 👍👍👍

@cmukupo1606 8 месяцев назад

Very informative

@TheFinancialController 8 месяцев назад

Glad it was helpful!

@cmukupo1606 8 месяцев назад

Thanks again

@angelavandermeulen7030 2 года назад

Thank you for sharing your knowledge and expertise. It is very good 😃 Do you provide private consulting? Or accounting advice?

@TheFinancialController 2 года назад

Thanks Angela, not at the moment

@abdulrahmanashraf1532 2 года назад

Hi,I have a question,is the B.B.A degree same as accounting degree,and can I take a CPA from it?

@johnpaulgreer6832 2 года назад

I would check you state CPA requirements. If you can’t find it there, your school should have details regarding this. You should be able to TAKE your CPA with your BBA degree, but there will be more credits required AFTER you pass the CPA. Example: I have to have 30 additional accounting credits after my BS in accounting and don’t forget job experience (my state)

@abdulrahmanashraf1532 2 года назад

@@johnpaulgreer6832 thank you so much I appreciate it🙏🏻

@jayesh640 2 года назад

Sir can you take test for journal entry pls tomorrow have my test

@cryptowithkunal6740 Год назад

On point

@anshulbahal2791 Год назад

Sir how can I become your student ?

@shayanwaliiii0098 2 месяца назад

Iam kurdish accounter student i cant understand😢

@OhiChicken 5 месяцев назад

Controller? Scrum Leader? Head Receiver? Industry just sounds like people trying to make the weirdest job title names possible and saying them without giggling.

@jeffcorhn6613 Год назад

Put your hands down !!! WWWwwwwwaaaaaayyyyy TOO MANY HAND GESTURES !!! VERY DISTRACTING !!! YOU'RE RUINING THE VIDEO !!!!!!!!!

@gmensfashionblog3966 2 года назад

I started my career in AP covering 3rd party and Intercompany, after year and half I moved more into P2P generic role where I was the troubleshooter between AP-Payment and procurement so I had the responsibility to analyze the GRIR(GRNI) accounts , take an action on old POs in order to unblock the invoice for payment, create order and handle the supplier claims. After a year in this role I got opportunity to move into Buyer but after 6 months I quit due to I recognized that was not the career for me. Currently I'm in R2R and I'm enjoying a lot , however do you recommend me in 2 years to move into Revenue or O2C function to gain the experience to become one day controller or is there any way to just get the generic overview of O2C and focus in something else ? Most of managers see the movement from R2R to O2C/AP as a step back.

@TheFinancialController 2 года назад

Seems like a step back. Just try to have folks talk you through it enough to get above average knowledge of the nuances

@TerriFreels 4 месяца назад

Thank you for all your wisdom. I had to make that tough decision and leave a 34 year job.

@lovetrump1088 2 года назад

Again, good stuff! Your on spot as always and as I go back into my accounting work again after being in IT for a while, it's been quite helpful to follow your guidance....amazing how much I have lost touch with when not using it often enough! One thought also on the Procure to Pay process, noting that I do understand the time limitations, but thought it worth mentioning that the PO number we need to process invoices is just the ultimate outcome of the Procurement Process that provides Inventory, Supplies or Services for a Company. And as inquisitive accountants, it's good to be aware that the full 'Procurement' process will include other important procedures and often large departments to support that properly issued PO. Those include things like the Vetting or Approval of Vendors, setting of Credit Terms (with input from other departments) and who has authority to do these things. It may also involve decisions about what goods to buy as well as negotiating Contracts and then Receiving those Goods and Services. Thanks again for your informative videos.

@TheFinancialController 2 года назад

Agreed, thanks so much for your input

@arsingh9411 2 года назад

Awesome summary of the key processes! Appreciate your posts

@yesiejardines4336 2 года назад

Thank you for the motivation! Love every video of yours!

@TheFinancialController 2 года назад

Thank you yesie

@joseadonisfelizgonzalez6520 2 года назад

Me encanta con la simplicidad que enseñas en tus vídeos.

@gillianli3519 2 года назад

Great video. Just onboard a staff accountant position. Your video is really helpful. Thank you!

@TheFinancialController 2 года назад

Good luck!

@mostafahamedi-iu7oh 5 месяцев назад

Hello how do you know about remote job?how to run it?

@sandeepsmatharu 2 года назад

5 comments but none showing???

@TheFinancialController 2 года назад

yeah I think bots/spam most likely

@mariaguzman1614 Год назад

Hi Bill. I have worked in Accounting many years but have not had serious in depth closing or financial statement experience. I just landed the JOB of my life and the Company financials are a mess. I need to be able to fix these to shine and Im feeling a bit overwhelmed and not too confident. Can you help?? what do yu suggest??

@ThePakfairy21 2 года назад

I have a question - Does the credit control counts as well? Currently I am working as a Credit controller also I have an accounting degree too. so I was wondering whether it'll help me to grow as a corporate controller or should I switch? Thanks.

@vijendraverma8965 Год назад

Very much helpful Video, I am aspiring CPA

@huntercampbell6232 2 года назад

could you explain if there is a difference between a profit and loss controller and a financial controller? new ish to looking at finance

@khalidmelebari8000 2 года назад

Hey I really liked your video it has clarified to me how work going in the out of school. but I’d like to ask you , does Public accounting could give me this skills and experience ?

@sohelchaush7823 2 года назад

I am a account assistant in real estate dubai based company I want to become a senior accountant so please upload video regarding that sir.

@RebeccasFinanceTutorials 2 года назад

It's nice to meet you Bill and thank you for the tips - it's interesting to see this from another individuals point of view within finance :) I would recommend working within each of the business areas - credit control, purchase ledger control and month end management accounting

@nadirbaig156 Год назад

How make the balance sheet with GST.

@derinsider3438 3 месяца назад

Very insightful ❤

@YouCanStartLateAndFinish 2 года назад

Valuable information, thank you very much.

@rajeshh6073 2 года назад

Please explain with GL impacts

@thanhhanguyen6551 2 года назад

Thanks for the lesson. Can you please make a video that explains the difference between Fishbowl inventory vs. Quickbooks inventory? And why one is better than the other? Thanks.

@shilpakamath4826 Год назад

Such a beautiful explanation

@rajeshh6073 2 года назад

Much needed and waited content. .. thank You so much Sir

@FaRhAnAli-jagrsgB10DtAD 2 года назад

Wow CPA from New York

@tamerakkad9129 2 года назад

Thanks

@santiagobardelli5675 5 месяцев назад

Hi Bill... talking about companies that buy services, many ERP like SAP allow you to make service certifications and manage them as material receipts to make the three-match. So when you receive the service, you generate a certification in the order and when the invoice arrives, it is paired with that certification, as if it were a material receipt. very interesting the videos you are making, I am watching them all.

@TheFinancialController 5 месяцев назад

That feature makes sense!

@DreamFirms 2 года назад

Thanks this content man!

@TheFinancialController 2 года назад

My pleasure!

@elee6732 2 года назад

Amazing!!! I learn soooo much, thank you

@TheFinancialController 2 года назад

Great!

@mohamedeassa 2 года назад

Love your content

@TheFinancialController 2 года назад

Thanks man

@Soulenergy31 2 года назад

This vid is gold once again, thank you!!!

@TheFinancialController 2 года назад

Glad you enjoyed it!

@RameshChhugani 2 года назад

Watch from 5:00. Get to the point dude. I m giving u my time.

@TheFinancialController 2 года назад

Fair enough but I need to frame the topic for viewers who vary in pace and context

@ragnadrabinowitz7629 Год назад

i wish i had advice like this when i began my career

@TheFinancialController Год назад

Me too!

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