The CASH FLOW STATEMENT for BEGINNERS
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- Опубліковано 22 тра 2024
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The 'Cash Flow Statement', or 'Statement of Cash Flows' is one of the three major Financial Statements, along with the Income Statement and the Balance Sheet. In this tutorial, you'll learn what a Cash Flow Statement is and I'll show you how to build one using the Indirect Method.
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⏱️TIMESTAMPS
00:00 - Intro
00:06 - Cash Flow Statement Definition
00:18 - Why do we need a Cash Flow Statement?
02:15 - What is a Cash Flow Statement?
03:45 - Direct Method Cash Flow Statement
05:00 - Indirect Method Cash Flow Statement
06:38 - How to make a Cash Flow Statement (Indirect Method)
08:07 - What are we reconciling?
08:43 - Cash Flow from Operating Activities
12:33 - Cash Flow from Investing Activities
13:36 - Cash Flow from Financing Activities
🔗VIDEO LINKS
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▪ Balance Sheet → • The BALANCE SHEET for ...
▪ Cash Flow Statement → • The CASH FLOW STATEMEN...
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If you'd like to skip to a section...
⏱️TIMESTAMPS
00:00 - Intro
00:06 - Cash Flow Statement Definition
00:18 - Why do we need a Cash Flow Statement?
02:15 - What is a Cash Flow Statement?
03:45 - Direct Method Cash Flow Statement
05:00 - Indirect Method Cash Flow Statement
06:38 - How to make a Cash Flow Statement (Indirect Method)
08:07 - What are we reconciling?
08:43 - Cash Flow from Operating Activities
12:33 - Cash Flow from Investing Activities
13:36 - Cash Flow from Financing Activities
You are amazing, congrats
I am lil bit confused about the operating activities part.. As everyone knows that if account payables increases that means the cash increases therefore at this point we add the increase account payalbes and it is the same way arround if a/p decreases, cash will be deducted too..
But what i noticed is that not all of the current liabilities decreased only account payable decreased whereas the rest of current liabilities increased ( tax payable, accrued expenses, deferred revenue),, so why did you total all of them together??
Please answer me this so confusing
Thank you for mapping out the time stamps!
How this is wonderful tasks Please do financial management course fo MBA students because teaching is your gift .
I have been a CPA in the US for the last 28 going on 29 years. I have taught accounting at both the university (undergraduate and graduate) and community collage level for the last 25 years. This is the most comprehensive and clearly stated lecture I have ever witnessed. I am almost embarrassed to say, better than any that I have myself presented in a class room.
Well studying for the CPA exam, I wish I had this 29 years ago. It would definitely helped. Well done.
Thanks, it means a lot!
takes some fortitude to admit that so respect to you for that
I feel this kind of highlights a big issue within our education system. There are endless videos put together so intuitively and masterfully just for simple UA-cam videos that are 100000x easier to understand and digest than some instructor reading off boring slides in a monotone voice. This is nuts to me how unrefined academic education is
crazy how im paying 20 grand a year for an education and instead watching your free videos online
This tutorial is extremely helpful. I think now that I've found your channel, I should be able to learn what I need to help me pass my financial management class. Thank you so much for putting this information out there. On-line classes are hard to grasp, especially when there are no lectures. It's nice to be able to turn to You Tube for help with my classes. Thank you so much!
Hey Teresa, no problem at all. Hope your studies are going well!
I am exactly on the same boat. Currently taking an online MBA with UMGC. Currently on Financial Decision Making (second class). Only three Zoom classes every semester and I have to pretty much figure everything out on my own. This channel has helped me tremendously.
I am studying to become a bookkeeper and understanding cash flows statements is one of the most challenging topics for me. James did a great job in explaining of how to deal with a gain or a loss on the sale of office equipment, furniture.
I just bought your "All in one cheat sheet & practice question bundle." My man, you are heaven sent! Thank you!
Thanks for your support! All the best :)
i cannot begin to express my gratitude to this channel!!!!!! i have learned so much more from your videos than i have from my textbook. seriously, you are such a fantastic teacher and i appreciate all of the effort put into every video!! could not have learned accounting without you
I learned a lot from this tutorial. It really saved me a lot of reading hours from our textbook. Thank you!
You're the teacher everyone needs. So thankful!
These presentations are down to earth, simple to understand. I love the way the explanations are done
The presenter has made complex concepts amazingly simple and clear. Thank you so much!
The way you visually explained the SCF on 4:40 makes this so much easier to understand. I was over-complicating this topic for myself, just straight-up memorizing formulas without understanding why they're important lol
Absolutely great, i couldn't get through my financial reporting module without your help. Thanks!
The company that I work for uses the direct method. I do understand why you say its hard. It takes time to look for the required info, it all comes down to knowing where to retrieve it from the accounting system and balancing it to the bank. I really like how you explain things really cleary!! Always great to have a refresher 😊
Thank you so much for this tutorial! Although the ranching/farming business is very different from your example business, your simple explanation of this complicated spreadsheet is super helpful to me.
Once again, you're an absolute legend. The best accounting teacher, period.
this playlist is the only thing helping me pass this semester
big ups man!
This has really helped me to understand Cash Flow Statements. Thanks so much for making this content!
Thank you so much. Been having a hard time grasping this topic. You explanation made it so easy!
Best presentation so far on cashflow statement. Thank you
Loved this tutorial, extremely helpful!
Awesome 101. The tip about how to remember increase of receivables is decrease in cash (more money is owed back) is very helpful in figuring out your signs. Thanks!
Awesome work! Thank you for making this video.
I am taking an accounting course right now and you dont believe how much this helped out definitely will watch more of your content
The video lesson is really helpful.
I now understand better, the preparation of cash flow statement using the direct and indirect methods.
Thanks for creating such an enlightening and illuminating video lesson.
Really, but really good job. The material well structured and presented in nice way. It is pleasure to learn from you.
Wow, this is amazing. THANK YOU!!! It makes so much more sense now.
I can't even put into words how helpful this tutorial is. Thanks so much!
You're most welcome :)
Reiko You nice keep going!!! #army😂💜
Can’t begin to thank you enough brother ❤️
This video is amazing
This is brilliant and it looks very professional. Thank you for such a high-quality video. I've studied accounting and you make these complex subjects easy to understand. Keep up the good work. I found this very helpful. I have recommended it to some students I've tutored.
This video is so helpful. Thank you so much!
Thank you thank you! I wish my university can teach like you! Theory, explanation, and examples! Clear, organised, and even aesthetic! Pray I pass my Finance and Accounting modules!
Am with you on this one
Did you pass?
wow even much more explicit than my tutors in class. I've never been able to understand this to this extent, thank you.
I'll definitely subscribe
Great!...absolutely good job at providing simple but comprehensive explanation of the material....thanks
Thanks buddy :)
really i appreciate how you are making this curicial accounting tutorial. thank you, i have businesses so i got more knowledge from your side. keep going
i love you, you make it seem so simple and you are really helping here
This video is incredibly helpful. The statement of cash flows has always been my weak spot on exams. After reviewing this a few times it seems not so much a weak spot anymore. It is incredibly helpful how he is able to state things simply and grow them. I prefer this way of remembering things because when I go to take an exam as long as I can remember where to start, I can remember everything that follows.
Great to hear it's making sense :)
I have my FAR CPA exam in 2 weeks and this video sure helped me get a better understanding on the statement of cash flow! Thank you so much.
PS: you should make one on bonds and leases 😅
Thank you for this amazing video. Really helpful and easy to understand.
I just smiled when they reconciled.
Doing a cpa 1 exam in December and this is really helpful
Thank you for this amazing guidance!
Thank you very much! Your tutorials are clearly articulated and easy to understand. Loved it!
Glad you like them!
Thanks for posting. I appreciate your videos. They're very helpful.
This video was so beneficial for me - I couldn’t get my head around the cash flow statement but now it seems so simple!!!
Thanks a million!
Great to hear it's clicking for you!
Thank you so much for the video, found it really informative and surely gonna help big time!
Dude! You don't even realise how helpful this video has been for me. I just finished my CFS and this is the first time I complete one while fully understanding what I was doing 😅
Ur a lifesaver, my lecturer or tutor could not explain it as well as u have done!
Hands down, the best channel to learn accounting!
Thanks, it means a lot!
Brilliant! Keeping track of the CCE that come in and out of your business is important, but can be quite confusing when handled improperly. Your methods are very easy to follow. This video is simply a much watch for beginners!
Glad you enjoyed it :)
This is awsome.Well explained Tutorial.Very informative
I don't what to say to express my gratitude. James your 15mins video is very condensed and helpful while my instructor spent 2 hours on explaining the same things...
Really grateful that i found this, thank you for your efforts and approach.
You're very welcome :)
Thanks for helping and explaining these concepts.🙂
amazing I never understood all of this until I discovered your channel now accounting is so much fun. well done👍👍👍👍
This helps me a lot. Thank you! ❤️❤️
I've been waiting for this video for months. Thanks again.
No worries, hope it helped!
Wow thank you so much. This tutorial has been very helpful
I am a CPA and I can say that you explain everything so nicely. Do a lesson on deferred taxation
Cheers for your request!
Damn, that request could at least have a "Please".
Thank you Sir for explaining things so easily
I am happy that finally I got it - Thank you
You are very good with explaining.
Thank you!
Thanks, glad you enjoyed the video :)
Thanks for making this video, it's easy to understand and very helpful
Cheers Paola :)
Very well explained 👍Thankyou so much!
This tutorial is really great!
Good to see you back again. Please keep these videos coming.
Thanks, will do!
LOVEDDDDDDDD ITTTTTT🤩
I wish we could have had this sort of visual, systematic & clear explanation growing up and learning basic Financial Statements construction.......... Never have been more confident in preparing all 3 Financial Statements !!!!
Thanks for your kind words!
This video is extremely helpful and well explained..........👍
Thank you so much ! As a visual learner this helps mem out tremendously
thank you - awesome and detailed
Thank you for putting this up - I'm studying for an interview with a restructuring firm and this is SO helpful. I have experience primarily with direct method accounting for small businesses - now understanding the indirect method for a new job!
This has been invaluable.
Well explained. Thank you for teaching.
Glad it was helpful!
I stayed up for hours last night studying this from the book. This was so much better. I wish I saw this first.
Wow, This is Awesome, it was completely helpful, l have finally find a good teacher 😊
The explanation is made easy with detailed and advance presentation. I like how the amount moves...
Thanks for your kind words :)
THIS IS REALLY HELPFUL, THANKS SO MUCH JAMES.
No worries, glad to hear it!
Where were you when I was getting slammed in accounting during grad school??! This is WAAAAAY more simplistic to understand!
Thanks for this, it made it easier to understand
No worries, glad you found it useful!
Bro you are next level at making all that easy!
Wow, great explanation and example! Thanks a lot!
Thanks, glad you enjoyed it :)
Thank you man, my teacher of corporate finance was from the best target university of Europe, however she cannot match the simplicity and clearness of this video. Watching youtube makes me think universities are scam
Thanks for your kind words :)
This might be the single greatest channel on youtube...
That's kind of you to say!
such a helpful simplified video. really helped my understanding!!
That's great to hear :)
for sure I appreciate this tutorial it has helped me a lot
Thank you posting this video...Very Helpful..Thanks Again
You are a gifted teacher. Awesome
Thank you!
Fantastic video! Your content is incredibly informative - looking forward to more. Keep up the great work!
Thank you! Will do!
Oh my God this is the video I was looking for all along. This tutorial is really really helpful. Please a favor, can you make study notes pdf as to your accounting tutorials for offline understanding please. Thanks a million. Sierra Leone 🇸🇱
Thank you so much for your videos!
Why does your video come out wherever my class goes?
thanks! It is very easy to understand
This too is very helpful and comprehensive ♥️
Glad it was helpful!
Super video, you speak at a good speed, and it's well explained
You're a legend!
Thank you so much!
This video is great, just what I needed for my accounting final tomorrow morning.
Good luck!!!
Man i am curently doing my MBA and this info is very vital. Thanks for putting this together. I dont have any finance or accounting experience and i need to read a 594 paged book to work on an assignment. This is a life saver. Thanks!!!!!!
No worries! Hope your MBA is going well :)
So good !! Perfect
Thanks!!
Thank you,these really helped cuz I have an exam tommorrow💕
Thanks so much this is magnificent am really following the lessons and they te very beneficial.
Extremely helpful! Thank you so much
You're very welcome :)
very helpful. thank you so much