Prepare A Cash Flow Statement | Indirect Method

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  • Опубліковано 27 гру 2024

КОМЕНТАРІ • 871

  • @AccountingStuff
    @AccountingStuff  6 років тому +45

    🎄Happy holidays 🎄This video wraps up the mini-series covering Cash Flow Statements. All of these videos can be found here → ua-cam.com/play/PL5zKSeS09l314wQmOtPEIaYnCGlLPUNIh.html
    Please let me know if you have any requests for future videos?

    • @talhaha
      @talhaha 4 роки тому +1

      You are amazing bro! You literally saved my Financial Accounting course!! Keep up the great work!

    • @oneekabrown4775
      @oneekabrown4775 4 роки тому

      Hi James can you continue with the investing and financing activities part of this video calculating cashflow using the indirect method please.

    • @dinkfam0682
      @dinkfam0682 4 роки тому

      Percentage of completion, deferred income tax expense and other tax concepts in accounting! Please!

    • @heatherskar7812
      @heatherskar7812 3 роки тому

      Can you do a video on Cash Flow patterns? I have a cash flow pattern chart with ++- and such for successful and struggling businesses but I think a video would help. Thanks.

    • @AccountingStuff
      @AccountingStuff  3 роки тому +1

      @@heatherskar7812 Thanks for your request!

  • @raynicolemalingi9029
    @raynicolemalingi9029 4 роки тому +320

    I never skip your ads. Because I learn so much from u than my teacher, hope ur channel will grow big

    • @AccountingStuff
      @AccountingStuff  4 роки тому +24

      Thanks Ray! I appreciate your support :)

    • @jamestrebilcock8310
      @jamestrebilcock8310 3 роки тому +10

      That is the mark of a true fan.

    • @oYasumiinasaiminna
      @oYasumiinasaiminna 2 роки тому +5

      Our teacher didn't even teach us😂

    • @clintjones9848
      @clintjones9848 2 роки тому +4

      ^ My teacher doesn't even teach us either. I go online and we have a once a week live class with the professor and he just goes over rando finance principles. If you try to ask him how to do the actual assignment he tries to get out of it and will give you a token answer. The assignment is in the appendix in the book with barely any explanation in the bulk of the text and certainly no walk through. I'm like wtf, how am I supposed to learn how to do a friggin projected cash flows statement if I've never done it before. Friggers.

  • @brooklylahmann3345
    @brooklylahmann3345 2 роки тому +11

    Where have you been the last 11 weeks?! After hours upon hours of trying to understand the Cash Flow Statement using the Indirect Method -- and this is supposed to be the simplest way?! -- I came across your video by chance; and I am so grateful that I did. You break down the process and explain it in such a way that is, not only easy to follow, but enjoyable as well. Thank you for being thorough, yet simplistic. I am now more prepared and ready to tackle my Final Exam in just a couple of days because of you and your videos. THANK YOU! Please keep recording and continue to share your knowledge; you are making a difference!

  • @lenaf443
    @lenaf443 4 роки тому +53

    James, I'm studying Accounting as part of my MBA, and not everything is always 100% clear. Your videos are so-so helpful to wrap my head around all of the accounting concepts and principles! Thank you very much for creating your amazing channel!!!

    • @AccountingStuff
      @AccountingStuff  4 роки тому +2

      Hey Lena, no worries! I'm happy to help. All the best with your MBA!

  • @claredrew8039
    @claredrew8039 3 роки тому +52

    I have ovet 20 years experience as an accountant, yet it's great to go back to basics from time to time. I am finding these videos very engaging and well explained. Better than the lectures I had. A tip, don't stay stagnant in a business doing the same mundane work year on year. Move on or see if there is an internal promotion on offer.

    • @ESGValueChain
      @ESGValueChain Рік тому

      I really needed this advice. Thanks 🙏🏼

  • @janelee5188
    @janelee5188 2 роки тому +7

    Hi James, I can believe that you explained so easy and clear. If you’re the professor in a university, there’s no students fail at an exam and everyone will get a job. I am so lucky to found your UA-cam and I guess I am the latest one to see those videos. Thank you very much.

  • @markissleepy
    @markissleepy Рік тому +4

    Man, thank you! I am in Intermediate Accounting 1 right now and this is the only piece I didn't understand - you explained it more clearly in 10 minutes than the class did in a full chapter plus two hours of lectures.

  • @hannahsharma5108
    @hannahsharma5108 3 роки тому

    i was legitimately almost in tears over this topic and your video saved my sanity! thank you

  • @ihavealongmiddlename
    @ihavealongmiddlename 5 років тому +197

    This is so damn helpful and engaging, and I’m so bloody grateful I found this channel 😍😍

  • @Numbersgirl64
    @Numbersgirl64 3 роки тому +13

    I only wish I'd had your videos when I was working on my Master's in Accounting a few years ago! I really had a tough time with this concept then & never understood the logic behind it. Now I'm teaching accounting and am using your method of explaining this to my students because it's so much easier to understand than what I've heard or read before. I've spent a long time researching the topic in recent weeks and yours is the best by far. Many thanks--you are a gifted instructor!

  • @Andre-sk9ix
    @Andre-sk9ix 3 роки тому +20

    Ngl this was far more resourceful than my profs could ever be..

  • @kaitybell
    @kaitybell Рік тому

    OH MY GOD! I AM SO HAPPY I FOUND THIS VIDEO! I just watched your Cash Flow Statement for Beginners video but STILL felt like I was missing something and I've been agonizing over this for 2 hours for my Intermediate Accounting class. THAAAANK YOOOOU! I needed it simplified more than my textbook and instruction videos were doing it and this hit the nail on the head.

  • @fatmahassoubah7508
    @fatmahassoubah7508 2 роки тому +1

    medical student. no any buisness background, but these videos are making me understand the concept. thanks

  • @user-aymanzone
    @user-aymanzone 4 роки тому +2

    Best video on the topic I've seen (serious).
    "Increases in payables need to be added because if a business doesn't pay it's invoices it gets to hold on to it's cash."
    Thanks for getting through to me at 4am at night. finally I understood. Very nice quote/explain

  • @muhndmom7513
    @muhndmom7513 5 років тому +2

    Man you are Amazing !
    Am Saudi Senior Accountant and Financial Analyst and watching you videos
    Many Thanks

    • @AccountingStuff
      @AccountingStuff  5 років тому

      No worries, glad to hear that you're finding the vids helpful!

  • @yokesh1616
    @yokesh1616 2 роки тому

    I'm doing ca Intermediate by self study and this video cleared all my doubts in cash flow statement. Tq sir lots of love from India.

  • @opop180
    @opop180 8 місяців тому

    omg I spent like 2 hours listening to my professor and still no idea what it was and now I spent only 30 minutes (including taking notes) I already understand the indirect method... thank you very much!!

    • @AccountingStuff
      @AccountingStuff  7 місяців тому

      No problem. Great to hear it's clicking for you :)

  • @John-vk1py
    @John-vk1py 6 місяців тому +4

    I was on the brink of nervous breakdown before my financial accounting exam and in 11 minutes you managed to explain what my teacher couldn't in 3 months. Thank you so much

  • @ayodejiajayi4515
    @ayodejiajayi4515 2 роки тому

    This is the best Operating Cash Flow using Indirect Method video I've seen. I don't have an accounting background and I was able to understand. Thank you so much for starting with the fundamentals

  • @mannyortiz1039
    @mannyortiz1039 3 роки тому +3

    By far the easiest way to pass accounting classes. Thank you 🙏

  • @thamzhiyong3161
    @thamzhiyong3161 2 роки тому

    i have an corporate accounting exam in 2 days and this is the final lecture to study so this is a great help for me...

  • @brendahayes
    @brendahayes 4 роки тому +14

    I appreciate you a lot! I learnt more from you than I did with my lecture in 2hrs! God bless you

  • @husnanurul7633
    @husnanurul7633 2 роки тому

    Easy to understand 😊. I wish my lecturer put simpler word like yours. Love from Malaysia ❤

  • @george00780
    @george00780 2 місяці тому

    No wonder I've been struggling to pick this from A/c books and haven't gotten far. From the way you've explained this, there's so much sense in knowing why one doesn't get far to understand how these figures play around and finally come to the right conclusions.

    • @AccountingStuff
      @AccountingStuff  2 місяці тому

      I've made another video on this topic which you may also find useful: ua-cam.com/video/DiVPAjgmnj0/v-deo.html

  • @sivaranjini5047
    @sivaranjini5047 Рік тому

    I am very grateful for this video. I was in midst of my online class about indirect method and a whole chapter of 40 pages didn't get me through what your single format did. Thanks for that❤

  • @ronicaferreira2154
    @ronicaferreira2154 4 роки тому +20

    How DARE you be this handsome?! I came here to learn!!!, but seriously, you're helping me through my accounting courses. Thanks a bunch ;)

    • @cherylbreckenridge877
      @cherylbreckenridge877 4 роки тому +1

      yes lol!!!

    • @murieltokam9172
      @murieltokam9172 3 роки тому +2

      Was geniusly looking this comment loool

    • @leticiaelescano4896
      @leticiaelescano4896 5 місяців тому +1

      Lol - really funny comment - but seriously he really is indeed incredibly handsome and that accent OMG. Cherry on top INTELLIGENT.

  • @AkashSingh-hy7bu
    @AkashSingh-hy7bu 3 місяці тому +1

    Thank you man
    You made my day i am ca student my teacher take 7 lecture for indirect method
    And you just take couple of minutes 😂
    Thank you 🙏

    • @AccountingStuff
      @AccountingStuff  3 місяці тому

      No problem! I have made a newer version of this which you can find here... ua-cam.com/video/DiVPAjgmnj0/v-deo.html

  • @minluv
    @minluv Рік тому

    the quality of this video from the simple explanations to camera quality, video editing and getting our attention you explained better than my prof who made it long and overloaded with information

  • @Su.hickey
    @Su.hickey 4 роки тому +5

    James, your videos are saving my accounting classes. Please don’t stop making them! They are very helpful!

  • @waster8624
    @waster8624 4 роки тому

    Brief sentence helps me a lot, because my teacher cannot explain that why we should add back the liability clearly. Finally, from your vedio I got it!

  • @brandonrodriguez8039
    @brandonrodriguez8039 2 роки тому

    Super helpful! Had trouble understanding at first. But figured someone on UA-cam could explain it much better.

  • @mohitnarula2268
    @mohitnarula2268 5 років тому +1

    I don't know why these videos are underrated..
    A good way of explaining things..

  • @amyewers1314
    @amyewers1314 2 роки тому

    I have really struggled to wrap my head around cash flow statements... period!!!!!!! And I have a cash flow statement assignment due soon. And thanks to you and the mini-series, I won't be forgetting how cash flow statements work any time soon. These videos have been my life saver, to make sure that I really do understand cash flow statements thoroughly and nail that assignment. 😊

  • @Nik-vy6ek
    @Nik-vy6ek 2 роки тому

    Studying for CFA level 1 exam and these videos are the greatest! Thank you!

  • @听音乐-o9j
    @听音乐-o9j 3 роки тому

    Sooooooo easy to understand. It’s better than other videos on UA-cam, thank you so much sir.

  • @krishaniperera6252
    @krishaniperera6252 4 роки тому

    you are the coolest accounting teacher. I used to hate accounting because of professors. But thanks to you I started loving it.

  • @azhard7399
    @azhard7399 3 роки тому

    I have seen many channels on UA-cam covering accounting stuff. But what this guy does is amazing 😎 and his content provides the BEST ❤️ understanding !

  • @mehrabchowdhury3581
    @mehrabchowdhury3581 4 роки тому +1

    An example of a thorough and simple explanation, thank you for the stress you saved me!

  • @fahedalyafiy6215
    @fahedalyafiy6215 2 роки тому

    man you are legend ,, you helped me a lot in the final exam

  • @TheRock1.0
    @TheRock1.0 4 роки тому +5

    Excellent video mate. Excellent production quality too. And clear explanation. Also, what I like about your explanation is that you say just enough to explain, you don't over-explain and you don't digress. Excellent stuff.
    P.S: I don't skip the ads.

    • @AccountingStuff
      @AccountingStuff  4 роки тому +1

      Thanks for your feedback! I'm glad you enjoyed it.
      Haha, I don't mind if you skip the ads

  • @iimmannii
    @iimmannii 5 років тому +3

    Thank you. I am in Accounting 102. This chapter in my textbook is simply dreadful, and I like this stuff. You made it engaging to me to follow.

  • @LuxuryCarEnthusiast
    @LuxuryCarEnthusiast 4 роки тому

    This makes perfect sense now. The clarity and engagement proves you should be a professor. I think they make good money.

    • @AccountingStuff
      @AccountingStuff  4 роки тому

      Great to hear it's making sense! Thanks for your vote of confidence :)

  • @aswinvs2135
    @aswinvs2135 3 роки тому

    I am from kerala,
    More informative class, as a beginner in accountong, give me remarkable growth

  • @NaradaThomas
    @NaradaThomas 4 роки тому +1

    This video and your other direct method videos were provided by our professor as an supplement video for our lesson. I am glad she did and I found you!

    • @AccountingStuff
      @AccountingStuff  4 роки тому +1

      Really? Well I'm happy to help! All the best with your studies

  • @AdanP
    @AdanP 4 роки тому +2

    This was driving me nuts on my financial accounting class, but thanks to your easy 3 steps, now it all makes total sense!

  • @vijayn2363
    @vijayn2363 4 роки тому

    Thank you so much. I couldn't for life's sake figure out why decreases and increases in trade receivables and payable were going the opposite way. You made it so much more clearer than my text book. Keep up the great work.

    • @AccountingStuff
      @AccountingStuff  4 роки тому +1

      That can be a real confusing one! Glad it's clicked for you

  • @aparajitsri87
    @aparajitsri87 4 роки тому +2

    Thanks a ton for this video! I am currently pursuing my MBA and coming from a Science background I didn't really understand many of the terms and processes in my accounting textbooks. But ur video just broke down the whole thing into simple and easy steps. Definately Subscribing!!

    • @AccountingStuff
      @AccountingStuff  4 роки тому +1

      Cheers Aparajit! Glad it made sense and thanks for the sub

  • @JohnWhite-ms5wr
    @JohnWhite-ms5wr 3 роки тому

    I swear you're the only reason I still have an A in this class (barely at that, I feel like I barely have any idea what I'm doing).

  • @samasemo163
    @samasemo163 3 роки тому +3

    simple, direct and easy. appreciate the good work it helped me a lot preparing for my cma exam by understanding the foundations from your videos. again thank you james.

  • @steezmonster92
    @steezmonster92 5 років тому +4

    Incredible content. Bored of reading my accounting textbook and glad I searched "statement of cash flows" on UA-cam.

  • @hahajenlee
    @hahajenlee 2 роки тому

    U are an incredibly good accountant and teacher

  • @BilalAhmedKhan23
    @BilalAhmedKhan23 5 років тому +14

    Loved this! I was having a hard time understanding this but you've made it so much easier! Go Chuddley Cannons!

    • @AccountingStuff
      @AccountingStuff  5 років тому

      Haha thanks! Great to hear that it's making sense

  • @bilafli
    @bilafli 5 років тому +60

    So organized in laying out important points, clear explanation, concise, cool video editing, nice handwriting and ...... so handsome!! :D >

  • @helenday5031
    @helenday5031 5 років тому

    Interesting and lively presentation (eg, altered facial profiles) helped raise what might (in some hands) be a dull, grey, bleak and hard subject into lively, bright and fun clarity. I'm so grateful for the help.

    • @AccountingStuff
      @AccountingStuff  5 років тому

      Thanks Helen, glad you enjoyed the vid! Hope you found it useful

  • @sherinefahmy3114
    @sherinefahmy3114 3 роки тому

    You're life saver..thank you ❤️❤️

  • @beatricegabrielabreazu3688
    @beatricegabrielabreazu3688 4 роки тому +39

    Why aren't the the teachers in unis at least try to explain as you do? Life would be waaaaaay easier.

  • @Blazetoamaze
    @Blazetoamaze 5 років тому +4

    very good man one of the better communicators i have seen

  • @zezasabah7187
    @zezasabah7187 Рік тому

    I'm seeing your videos from the beginning of your channel very good explanation and very good information

  • @CpT_PrInCeSs
    @CpT_PrInCeSs 9 місяців тому

    Thank you!!!! I have a test next week and this really helped me understand!

  • @anafiguereo7189
    @anafiguereo7189 2 роки тому

    YOU'RE A LEGEND! Thanks a lot!! 🤗🤗

  • @reesechen3735
    @reesechen3735 3 роки тому

    I have an exam tomorrow, man you are my hero.
    A real saviour, I'm so glad I found your channel.

    • @AccountingStuff
      @AccountingStuff  3 роки тому

      How did it go?

    • @reesechen3735
      @reesechen3735 3 роки тому

      Hey man! I know it’s been a while, but I wanted to wait until I got my results to tell you how I went. I passed 🙏 thank you for your help

    • @AccountingStuff
      @AccountingStuff  3 роки тому

      @@reesechen3735 Woooo!!!! Congrats, time to celebrate 🎉

  • @muhammedmahroof-gs3km
    @muhammedmahroof-gs3km 9 днів тому

    Such a nice conceptual class which made me a person who handles cashflow easilyy... Thanks mahnm❤

  • @bhargavphukan29
    @bhargavphukan29 3 роки тому +1

    Editing is so crispy, love it!

  • @kdot_mjk
    @kdot_mjk 2 місяці тому

    james, what an absolute GOAT of a man 🐐🐐🐐

  • @mahishamagoo1407
    @mahishamagoo1407 4 роки тому

    I have watched many explanations on youtube. But this is the best one.

  • @elenaringl4283
    @elenaringl4283 4 роки тому +1

    Once again your video has made something I've been struggling with for days a piece of cake! I am so happy to have found this channel, I need to start coming here first before even trying to decipher my textbook (it just ends up frustrating me).
    Thank you so much!

  • @whatamidoinghere7336
    @whatamidoinghere7336 10 місяців тому

    Thank you so much for this video!!! I think you just saved my grade for this chapter in my Accounting Class!

  • @ConfusedBear-ur3wk
    @ConfusedBear-ur3wk 3 місяці тому

    Hey ! Your explanation is short and understandable!🎉 Thanks a lot for the help ✨

    • @AccountingStuff
      @AccountingStuff  3 місяці тому

      No problem! I did make a newer version of this video which you may find easier to follow: ua-cam.com/video/DiVPAjgmnj0/v-deo.html

  • @LuxuryCarEnthusiast
    @LuxuryCarEnthusiast 2 роки тому +1

    Why on earth would we use the Direct Method when this is so much easier. I wonder if I need to learn the direct method for the CPA exam. Thanks for the clear and concise explanation.

  • @jrkangta
    @jrkangta Рік тому

    Great video as always. Easy to consume especially for non-accounting major like me.

  • @nehashaikh4
    @nehashaikh4 4 роки тому +1

    Thank you so much! I was so so confused in both these methods but you made it simpler than ever! Love your style! Love from India :)

    • @AccountingStuff
      @AccountingStuff  4 роки тому +2

      Hey Neha, great to hear it's making sense. All the best!

  • @thiennguyenphuoc8322
    @thiennguyenphuoc8322 4 роки тому +1

    this channel just save my days, thanks you soo much

  • @aftabsuleman456
    @aftabsuleman456 5 років тому +1

    One of the best channels for accounting..
    Great job mate.
    keep it up. and don't loose the teaching spirit..

  • @geraldmtendeleki7846
    @geraldmtendeleki7846 3 роки тому

    your explanations make life easier man thanks a lot

  • @arnoldinhosathekge5783
    @arnoldinhosathekge5783 2 роки тому

    You explain so well😭 thank you.

  • @AlexKabat
    @AlexKabat 4 роки тому

    you are so smart that you make complicated stuff feel simple. cheers

    • @AccountingStuff
      @AccountingStuff  4 роки тому +1

      Thanks for your kind words! Glad it's making sense :)

  • @seisopheapanya7528
    @seisopheapanya7528 3 роки тому

    Yes, I can reaffirm your promise that this video is gonna be so much helpful,,,,, thanks a lot,

  • @carlxien7682
    @carlxien7682 4 роки тому

    holy cow, this video is gold !!! thank u sooo much, more ppl ought to see this

  • @MrVpassenheim
    @MrVpassenheim 4 роки тому

    It's been said before, but it bears repeating: sir, you are awesome! Your method of instruction is so lucid and detailed. Bravo!

  • @LUXLEACLOTHINGS_ACCESSORIES
    @LUXLEACLOTHINGS_ACCESSORIES 3 роки тому

    U teach so friendly. I appreciate your teachings a lot

  • @dianakennedy8944
    @dianakennedy8944 3 роки тому

    Again, clear and concise, nice editing, plus handsome Canadian! - ha ha all in one! Thanks a lot!

  • @daphne4229
    @daphne4229 3 роки тому

    I just bought the cheat sheet bundle. Thanks so much for putting all of this together!

  • @vincentalexander8462
    @vincentalexander8462 4 роки тому

    Found this channel 3 hours before my midterm... it's a miracle :D best accounting explanations out there

  • @agnivdey
    @agnivdey 2 місяці тому

    Great stuff! I have been trying to learn this method, yet the basics was not very clear to me logically, now it is! Thanks James!

  • @beshr1993
    @beshr1993 5 років тому

    This is really well done and high quality.. much better than what's out there on UA-cam!

  • @murungidaphine487
    @murungidaphine487 4 місяці тому

    Explanation so clear and made so simple! Definite hitting the subscribe button

  • @honeyyo-
    @honeyyo- 2 роки тому

    Woah... I hated accounts ( and that's 11.14 minutes back) But, not anymore! Hearty thanks, brother!!!

  • @sargonkheedo3200
    @sargonkheedo3200 2 роки тому

    Absolutely GREAT!! I love how, step by step, you explain in precise detail the cash flow statement. Would love to see cash projections for 13 weeks

  • @harryspeaks
    @harryspeaks 5 років тому +6

    U SAVED MY FINAL!!!!!! Can’t thank u enough 😭😭

  • @gracekennon5940
    @gracekennon5940 2 роки тому

    Thanks for the great video. You're a much better teacher than my financial analysis professor.

  • @md.modasserhossain8040
    @md.modasserhossain8040 4 роки тому

    Simplicity is the best part of your video.

  • @jordanlutta4805
    @jordanlutta4805 3 роки тому

    Big ups man...this video is more helpful than what I learned in class the entire semester

  • @rdaat176
    @rdaat176 2 роки тому

    I really appreciate your videos James, thanks a lot

  • @girishpai4538
    @girishpai4538 Рік тому

    I have to prepare the cash flow indirect method that too consolidated with NCI and associate for my SBR exam so was helpful revision

  • @wezzychondoka2052
    @wezzychondoka2052 4 роки тому

    Yes, very organized and concise, everything explained in plainest manner You've got to work hard to view the video and not get the lesson and point. Thank You so much for your video @accountingstuff/James

  • @hennisisyimon
    @hennisisyimon 3 роки тому

    The indirect method is so much better, thank you for this wonderful explanation ☺️

  • @annieclarkson7661
    @annieclarkson7661 3 роки тому

    So happy to have found your channel. Your teaching method is so clear and easy to follow. Thank you kindly

    • @AccountingStuff
      @AccountingStuff  3 роки тому

      Thanks Annie, glad you're finding these helpful :)

  • @donnashandcameron9315
    @donnashandcameron9315 5 років тому

    Wow the video made my approach to cash flow much easier

  • @teneedatijan
    @teneedatijan 3 роки тому

    good timing ! It's my managerial accounting this month! Additional learning from your channel. Thank you!

  • @gabrielsanchez3683
    @gabrielsanchez3683 4 роки тому +1

    Broo!!! You made everything so much easier! Concise and engaging. Love this. I smashed tf outta the subscribe button 🙏

    • @AccountingStuff
      @AccountingStuff  4 роки тому +1

      Cheers Gabriel, it's great to have you on board :)