The CPA Recipe
The CPA Recipe
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Welcome to my Accounting Channel
Hi!
I'm back! It's been a while since my last upload. So I made this video just to introduce to you guys to my rebranding. We're still gonna do some accounting tutorials, but please note that videos in this channel are not intended to be substitute to formal education, but rather, only aims students to help in simplifying accounting topics and perhaps to make them engaging and more enjoyable.
In addition, we will be covering more than just tutorials, such as studying tips, and maybe do some commentaries about things related to accounting life.
If you like my contents, please support this channel by liking my videos, subscribing and clicking the bell notification icon (so you will be notified right away every time I have a new upload) and you can also share this to your classmates and friends so our community would grow.
Nice to see you again and welcome back to my channel (version 2.0).
#TheCPARecipe #FilipinoAccountingTutorials #CPA #Accounting #AccountingChannel #Accountant #Anime
Переглядів: 550

Відео

4 TYPES OF AUDIT OPINION (REPORT) - AUDITING THEORY
Переглядів 8 тис.3 роки тому
#Auditing #TypesofAuditOpinion #TheCPARecipe #AuditingTheory 4 TYPES OF AUDIT OPINION (REPORT) - AUDITING THEORY The 4 types of audit opinion (Unqualified, Qualified, Adverse and Disclaimer) are discussed in simple and easy to understand way. WHAT IS THE CPA RECIPE? The CPA Board Exam is probably one of the toughest licensure exams in the Philippines. That's why we aim to help students have a g...
Audit Risk Model (Audit, Inherent, Control & Detection Risks)
Переглядів 13 тис.3 роки тому
AUDIT RISK MODEL (AUDIT, INHERENT, CONTROL & DETECTION RISKS In order to be able to provide reasonable assurance (that is less than absolute or 100%), the auditor must reduce the risk of giving an incorrect opinion (AUDIT RISK) to an acceptable level. To reduce such risk to an acceptable level, the auditor makes an assessment of the audit client's RISK OF MATERIAL MISSTATEMENT, which consists o...
10 GENERALLY ACCEPTED AUDITING STANDARDS (GAAS) - AUDITING THEORY
Переглядів 8 тис.3 роки тому
10 GENERALLY ACCEPTED AUDITING STANDARDS (GAAS) General Standards 1. The auditor must have adequate technical training and proficiency to perform the audit 2. The auditor must maintain independence in mental attitude in all matters related to the audit. 3. The auditor must use due professional care during the performance of the audit and the preparation of the report. Standards of Field Work 1....
Five (5) Differences Between External Audit vs Internal Audit
Переглядів 20 тис.3 роки тому
Five (5) Differences Between External and Internal Audit Audit is a systematic process of objectively obtaining and evaluating evidence regarding assertions about economic actions and events to ascertain the degree of correspondence between those assertions and established criteria and communicating the results to interested users. (American Accounting Association) Both external and internal au...
What is Auditing and What to Expect in Auditing Theory? - Ep1
Переглядів 30 тис.3 роки тому
What is Auditing? Auditing is a systematic process of objectively obtaining and evaluating evidence regarding assertions about economic actions and events to ascertain the degree of correspondence between those assertions and established criteria and communicating the results to interested users. (American Accounting Association) Based on this definition, therefore, an audit has the following c...
How to Prepare Bank Reconciliation (Easy Tutorial Video) - Episode 8
Переглядів 2,4 тис.3 роки тому
#BANKRECONCILIATION #ACCOUNTING #THECPARECIPE SUBSCRIBE: If you want more videos like this, subscribe to our channel: ua-cam.com/users/TheCPARecipe Outline: In this episode 8 of the Accounting Haist Basic Accounting Lecture series, we discuss: 1. Why do we need to prepare a Bank Reconciliation Statement? 2. What are the reasons for the differences betwwen Cash in Bank and Bank Statement balance...
How to Account for Depreciation (Tutorial Video) - Episode 7.2
Переглядів 1 тис.3 роки тому
#DEPRECIATION #DEPRECIATIONMETHODS #THECPARECIPE SUBSCRIBE: If you want more videos like this, subscribe to our channel: ua-cam.com/users/TheCPARecipe Outline: In this second chapter of the second episode for the mini-series focusing on adjusting entries, we discuss: 1. What is depreciation (aside from the aspect of physical wear and tear)? 2. Why do we need to depreciate? 3. What is a capital ...
How to Account for Bad Debts (Tutorial Video) - Episode 7.1
Переглядів 1,4 тис.3 роки тому
Don't forget to hit LIKE, SHARE & SUBSCRIBE! In this first chapter of the second episode for the mini-series focusing on period-end adjustments, we discuss: 1. What is bad debts/ doubtful accounts/ uncollectible accounts expense? 2. What are the two accounting methods to account for bad debts? 3. What is the direct write-off method? 4. What is the allowance method? 5. What are the methods to es...
Adjusting Entries: What They Are and Why We Need Them? - Episode 6
Переглядів 2,5 тис.3 роки тому
Don't forget to hit LIKE, SHARE & SUBSCRIBE! The CPA Board Exam is probably one of the toughest licensure exam in the Philippines. That's why we aim to help students have a good fundamental accounting skillset to help them in their CPA journey. In this series of lectures by The CPA Recipe, we discuss the basics of accounting in a fun, easy to understand, and engaging way. In this first of a two...
How to Post to General Ledger and Prepare Trial Balance Tutorial Video - Episode 5
Переглядів 6 тис.3 роки тому
Don't forget to hit like, share, and subscribe! The CPA Board Exam is probably one of the toughest licensure exam in the Philippines. That's why we aim to help students have a good fundamental accounting skillset to help them in their CPA journey. In this series of lectures by The CPA Recipe, we discuss the basics of accounting in a fun, easy to understand, and engaging way. In this episode, we...
Journal Entry Preparation Exercises (Answer Along Video) - Episode 4
Переглядів 4,7 тис.4 роки тому
Don't forget to hit like, share, and subscribe! The CPA Board Exam is probably one of the toughest in the Philippines. That's why we aim to help students to have a good fundamental accounting background to help them in their CPA journey. In this series of lectures by The CPA Recipe, we discuss the basics of accounting in a fun, easy to understand, and engaging way. In this episode, we: 1. Pract...
Sole Proprietorship, Partnership, Corporation & Limited Liability Company (LLC) - Episode 3
Переглядів 15 тис.4 роки тому
The CPA Board Exam is probably one of the toughest in the Philippines. That's why we aim to help students to have a good fundamental accounting background to help them in their CPA journey. In this series of lectures by The CPA Recipe, we discuss the basics of accounting in a fun, easy to understand, and engaging way. In this episode, we discuss: 1. What is a sole proprietorship? 2. What is a p...
Debits & Credits and Preparing Journal Entries (Tutorial Video) - Episode 2
Переглядів 3,3 тис.4 роки тому
The CPA Board Exam is probably one of the toughest in the Philippines. That's why we aim to help students to have a good fundamental accounting background to help them in their CPA journey. In this series 2nd episode of the lectures by The CPA Recipe (called "The Accounting Haist Series", we discuss the basics of accounting in a fun, easy to understand, and engaging way. In this episode, we sho...
What is Accounting? Free Tutorial Video - Episode 1
Переглядів 5 тис.4 роки тому
The CPA Board Exam is probably one of the toughest in the Philippines. That's why we aim to help students to have a good fundamental accounting background to help them in their CPA journey. In this series of lectures by The CPA Recipe, we discuss the basics of accounting in a fun, easy to understand, and engaging way. In this episode, we show (not tell) you: 1. What is accounting? 2. What is ac...

КОМЕНТАРІ

  • @user-nj1nt9yo6c
    @user-nj1nt9yo6c 5 місяців тому

    can you make video about the Google Search Console?

  • @user-nj1nt9yo6c
    @user-nj1nt9yo6c 5 місяців тому

    can you make a video about Google Search Console?

  • @cathalfonso7117
    @cathalfonso7117 5 місяців тому

    Thank you po! ❤

  • @leonardodelacruz8275
    @leonardodelacruz8275 11 місяців тому

    Well explained panero.

  • @kriziamariekallos7950
    @kriziamariekallos7950 Рік тому

    THANK YOU FOR THIS SUPER SUMMARIZED AND WELL TAUGHT VIDEO!! MORE OF THESE PLEASE. NAKAKA UMAY KASI MAG BASA NG PSAs NA MAHAHABA HUHU

  • @JellaJavier
    @JellaJavier Рік тому

    Please explain the detection risk separately.

  • @michaelvillareal9593
    @michaelvillareal9593 Рік тому

    Sir gawa po kayo ng video about sa Types of Audit at Auditing Techniques...thank you...

  • @michaelvillareal9593
    @michaelvillareal9593 Рік тому

    Hello Sir...Good Afternoon...Sir pwede po ba kayo gumawa ng Video about sa different types of AUDIT and Auditing Techniques...thank you...

  • @cristinevillaruz4624
    @cristinevillaruz4624 Рік тому

    Sir, paano po yung compound journal entries? Paano po mag balance? Pwede patulong. Salamat po.

  • @cristinevillaruz4624
    @cristinevillaruz4624 Рік тому

    Sir, paano po yung compound journal entries? Paano po mag balance? Pwede patulong. Salamat po.

  • @girliecruz8097
    @girliecruz8097 Рік тому

    sobrang detalyado at madaling maintindihan because of the given examples. more auditing discussion pa po huhu

  • @jiffereyvelasco304
    @jiffereyvelasco304 Рік тому

    very clear an explanation.... thanks sir

  • @rach9918
    @rach9918 Рік тому

    Thank you so much for this. It's brief but very clear, understandable, and direct to the point.

  • @purplek5923
    @purplek5923 Рік тому

    ANy tips po kung paano ko masisigurado na prepayment sya at hindi income or expense agad.. Dun po kasi ako palaging nagkakamali eh.. Narerecord ko na agad sya as income or expense instead of liabilities and assets..

  • @purplek5923
    @purplek5923 Рік тому

    NAkakalito huhu dami kong mali..

  • @enarchavez6871
    @enarchavez6871 Рік тому

    the videos are very helpful

  • @fidelatan7004
    @fidelatan7004 Рік тому

    Hi, CPA RON. . thank you for the very informative video on the differences between INTERNAL AND EXTERNAL AUDITS. I am from the Internal Audit Office of the Commission on Audit. COA has adopted the Internal Audit Standards for the Philippine Public Sector. Right now we are conducting an appreciation course on the IASPPS for the auditors of COA. in yesterday's webinar i shared with the participants this video which gave them a comprehensive discussion. thank you very much for sharing.

  • @niellatabugoc7542
    @niellatabugoc7542 2 роки тому

    Hello Sir, I'm a FinMa student po, pwede ka po ba maging internal auditor kahit di ka magttake ng CPA pero CIA? thank you and keep uploading more informative vids po.

  • @relitacapili8594
    @relitacapili8594 2 роки тому

    thanks allot sir for sharing un knowledge

  • @jxassemvlog7809
    @jxassemvlog7809 2 роки тому

    Hello sir! Just want to ask po if what business type that we should get registered for two owners and they share half of the shares?

  • @desirey3753
    @desirey3753 2 роки тому

    Balik nako sa pag aaral this school year! Dahil natigil nung nag pandemic! More videos pa po! Para makapag advance ako sa mga lessons 🥰🥰

  • @let_us_Grow
    @let_us_Grow 2 роки тому

    Sir limited partnership structure puwede ba sa manufacturing business?

  • @patisseriedorbakingtoolsan2880
    @patisseriedorbakingtoolsan2880 2 роки тому

    how about yung bago po na One Person Corporation po?

  • @muace520
    @muace520 2 роки тому

    This vid is really helpful po, thank you.

  • @lenzilou5855
    @lenzilou5855 2 роки тому

    Nice vid mixed with humor 😅 I learned a lot!

  • @maryjoy478
    @maryjoy478 2 роки тому

    Hello po. New subscriber here. Nagmessage po ako sa fb mo. Sana mapansin.

  • @laurenzcelerian741
    @laurenzcelerian741 2 роки тому

    Office administration student here. Thank you po dito. Mas naintindihan ko po itong topic na ito kesa sa dicussion namin sa subject naming strat management 😅💗

  • @Gtry-wj1xd
    @Gtry-wj1xd 2 роки тому

    information systems kinuha kong course tas may audit audit kaming assignment amp

  • @chloeworld8347
    @chloeworld8347 2 роки тому

    Sir sent me an example of a resolution letter to engage external auditors

  • @AA-bd7vt
    @AA-bd7vt 2 роки тому

    Dapat po ba master mo na Intermed. Ac para masmapadali ang auditing o not realated

  • @dondon3421
    @dondon3421 2 роки тому

    Im not a cpa or something pero under ako sa coa haha gusto kong matuto pa.

  • @juhanahbaulo3586
    @juhanahbaulo3586 2 роки тому

    Welcome back pooo, auditing lesson poo sana

  • @jenanngreg88
    @jenanngreg88 2 роки тому

    Hi, can you discuss how you audit banks?

  • @jhonillfernandez4754
    @jhonillfernandez4754 2 роки тому

    Difference po between internal and external financial report

  • @relitacapili8594
    @relitacapili8594 2 роки тому

    Salamat po sir nakakatulong eto

  • @nikclaus2372
    @nikclaus2372 2 роки тому

    Hi I just want to ask in the UK setting, there is a business entity called limited liability partnership. Is it the same with LLC?

  • @xettridanbdrbudha1860
    @xettridanbdrbudha1860 2 роки тому

    Thank you sir

  • @gregorikarrenf.988
    @gregorikarrenf.988 2 роки тому

    Government accounting po sir sana👉👈

  • @darleneshyrbandoy2628
    @darleneshyrbandoy2628 2 роки тому

    Welcome back Professor Ron!

  • @escasinasmarivicr.9491
    @escasinasmarivicr.9491 2 роки тому

    Sir ask po ako if yung proprietorship has unlimited liability po?

  • @allabouttiktok8306
    @allabouttiktok8306 2 роки тому

    Kapag po ba unqualified it means perfect po ba pag ka audit po sau?

    • @TheCPARecipe
      @TheCPARecipe 2 роки тому

      Hindi naman. Pwedeng may errors somehow but yung effect nila sa decision making ng user is not material. So taken as a whole, yung FS ay considered fairly presented and in accordance with applicable standards.

    • @allabouttiktok8306
      @allabouttiktok8306 2 роки тому

      @@TheCPARecipe Yong nga po mejo nalilito Rin PO Ako Kasi sabe mo fairly presented in all material po...what if po di ka po nakapag present Ng mga documents like sales invoice or unliquidated po belong parin Po ba sya sa unqualified opinion? Or depende po ba Kay auditor po Ang decision?

    • @TheCPARecipe
      @TheCPARecipe 2 роки тому

      @@allabouttiktok8306 If ganyan pwede sya pumasok sa scope limitation. 😊 If material yung magiging effect ng lack of documents, pwedeng di makapag bigay ng opinion. So it will be a disclaimer of opinion instead. If the ommission is immaterial, example petty cash voucher worth P100 compared to millions, ignore. It's trivial na.

    • @allabouttiktok8306
      @allabouttiktok8306 2 роки тому

      @@TheCPARecipe ah I see thank you po ❤️ mejo naliwanagan po Ako salamat po

    • @TheCPARecipe
      @TheCPARecipe 2 роки тому

      @@allabouttiktok8306 Sure no worries!

  • @benitezmylajoyb.4730
    @benitezmylajoyb.4730 2 роки тому

    Paano Naman kapag. Dr. Tan opened his dental clinic on January 2 and invested the following: Cash. 50,000 Dental equipment. 100,000 Office equipment. 20,000 Office furniture. 40,000 Need kopo nang kasagutan para maumpisahan Kona journal entry ko please po

    • @mairenefaithg.exclamador5221
      @mairenefaithg.exclamador5221 Рік тому

      Date: January 2 Debit: Cash - 50,000 Dental Equipment - 100,000 Office Equipment - 20,000 Office Furniture - 40,000 Credit: Dr. Tan, Capital - 210,000

  • @producebl1016
    @producebl1016 2 роки тому

    I always wanted to establish a Company Limited in PH, but is it allowed?

  • @zikhonamfakadolodweza580
    @zikhonamfakadolodweza580 3 роки тому

    Thank you prof 👌

  • @miks3051
    @miks3051 3 роки тому

    Sir, may tutorials din po ba for Financial Statements? Btw, thank you po for sharing your knowledge to us 🤗🖤

  • @erniedevega8028
    @erniedevega8028 3 роки тому

    Thank you sir for a very well presented audit reports differentiation. This is a big help.

  • @russellmanguerra7192
    @russellmanguerra7192 3 роки тому

    sir question or anyone who know. why would liabilities decrease when the owner contributes his/her personal car to the business. (One of the questions on the quiz)

  • @larajunio04
    @larajunio04 3 роки тому

    New subscriber here. I've been trying to recresh my knowledge since matagal na ako since grumaduate. Pushing to become a CPA pa din and your videos are a lot of help!

  • @princesskateannbendana6608
    @princesskateannbendana6608 3 роки тому

    Haha ang funny

  • @aeronrairoque
    @aeronrairoque 3 роки тому

    0:36