The CASH FLOW STATEMENT for BEGINNERS

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  • Опубліковано 22 тра 2024
  • 💥Cash Flow Statement Cheat Sheets → accountingstuff.com/shop
    🖊Cash Flow Statement Practice Questions → accountingstuff.com/practice-...
    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
    ▪ Income Statement → • The INCOME STATEMENT f...
    ▪ Balance Sheet → • The BALANCE SHEET for ...
    ▪ Cash Flow Statement → • The CASH FLOW STATEMEN...
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КОМЕНТАРІ • 684

  • @AccountingStuff
    @AccountingStuff  2 роки тому +83

    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

    • @valeriasantana7652
      @valeriasantana7652 2 роки тому +1

      You are amazing, congrats

    • @lg4725
      @lg4725 2 роки тому

      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??

    • @lg4725
      @lg4725 2 роки тому

      Please answer me this so confusing

    • @monamai8660
      @monamai8660 2 роки тому

      Thank you for mapping out the time stamps!

    • @sisaybook75
      @sisaybook75 2 роки тому

      How this is wonderful tasks Please do financial management course fo MBA students because teaching is your gift .

  • @paulvukeles1927
    @paulvukeles1927 6 місяців тому +54

    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.

    • @AccountingStuff
      @AccountingStuff  6 місяців тому +3

      Thanks, it means a lot!

    • @craggerrs
      @craggerrs Місяць тому +1

      takes some fortitude to admit that so respect to you for that

    • @ultraspeedy4911
      @ultraspeedy4911 18 днів тому +2

      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

  • @devanfenwick9970
    @devanfenwick9970 Рік тому +17

    crazy how im paying 20 grand a year for an education and instead watching your free videos online

  • @teresaconners1143
    @teresaconners1143 2 роки тому +186

    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!

    • @AccountingStuff
      @AccountingStuff  2 роки тому +12

      Hey Teresa, no problem at all. Hope your studies are going well!

    • @commentator245
      @commentator245 Місяць тому

      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.

  • @johnb9005
    @johnb9005 Рік тому +8

    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.

  • @JesseLockeHere2Do
    @JesseLockeHere2Do 25 днів тому +2

    I just bought your "All in one cheat sheet & practice question bundle." My man, you are heaven sent! Thank you!

  • @bun3480
    @bun3480 Рік тому +11

    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

  • @pooloo1
    @pooloo1 2 роки тому +23

    I learned a lot from this tutorial. It really saved me a lot of reading hours from our textbook. Thank you!

  • @gerganakaymakanova6320
    @gerganakaymakanova6320 Рік тому +6

    You're the teacher everyone needs. So thankful!

  • @jeb6764
    @jeb6764 2 роки тому +2

    These presentations are down to earth, simple to understand. I love the way the explanations are done

  • @arjunadhikari9404
    @arjunadhikari9404 Рік тому +1

    The presenter has made complex concepts amazingly simple and clear. Thank you so much!

  • @IsThisRain
    @IsThisRain Рік тому +3

    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

  • @mw2master93
    @mw2master93 Рік тому +1

    Absolutely great, i couldn't get through my financial reporting module without your help. Thanks!

  • @tevitatalanoa9880
    @tevitatalanoa9880 Рік тому +1

    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 😊

  • @marielewis3418
    @marielewis3418 2 роки тому +1

    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.

  • @Bigmoneycwu
    @Bigmoneycwu Рік тому +1

    Once again, you're an absolute legend. The best accounting teacher, period.

  • @raidasif953
    @raidasif953 2 роки тому +2

    this playlist is the only thing helping me pass this semester
    big ups man!

  • @MattMatatall
    @MattMatatall 2 роки тому +1

    This has really helped me to understand Cash Flow Statements. Thanks so much for making this content!

  • @cindycho-ngwa2092
    @cindycho-ngwa2092 Рік тому

    Thank you so much. Been having a hard time grasping this topic. You explanation made it so easy!

  • @segunsonusi759
    @segunsonusi759 Рік тому

    Best presentation so far on cashflow statement. Thank you

  • @abhirajsingh8581
    @abhirajsingh8581 Рік тому

    Loved this tutorial, extremely helpful!

  • @Halfbakedstud
    @Halfbakedstud 2 роки тому

    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!

  • @milesalmazar2165
    @milesalmazar2165 2 роки тому

    Awesome work! Thank you for making this video.

  • @JoseMoreno-vk3wy
    @JoseMoreno-vk3wy Рік тому

    I am taking an accounting course right now and you dont believe how much this helped out definitely will watch more of your content

  • @iyiolaebenezer8738
    @iyiolaebenezer8738 Рік тому +1

    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.

  • @gborka
    @gborka Рік тому

    Really, but really good job. The material well structured and presented in nice way. It is pleasure to learn from you.

  • @amedm89
    @amedm89 Рік тому

    Wow, this is amazing. THANK YOU!!! It makes so much more sense now.

  • @Rx2D
    @Rx2D 3 роки тому +29

    I can't even put into words how helpful this tutorial is. Thanks so much!

  • @mphosephetho9397
    @mphosephetho9397 Рік тому

    Can’t begin to thank you enough brother ❤️
    This video is amazing

  • @randyzeroth4098
    @randyzeroth4098 Рік тому +2

    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.

  • @user-ef5sh3co4c
    @user-ef5sh3co4c 2 роки тому

    This video is so helpful. Thank you so much!

  • @TiffanySngYongQi
    @TiffanySngYongQi 2 роки тому +39

    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!

  • @asukwalarryking2276
    @asukwalarryking2276 Рік тому +1

    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

  • @hazemshahin4166
    @hazemshahin4166 2 роки тому +2

    Great!...absolutely good job at providing simple but comprehensive explanation of the material....thanks

  • @zayidstyle6367
    @zayidstyle6367 2 роки тому

    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

  • @anastasiaparasaki7381
    @anastasiaparasaki7381 Рік тому

    i love you, you make it seem so simple and you are really helping here

  • @alanbailey2149
    @alanbailey2149 3 місяці тому +1

    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.

  • @damiandelarosa2675
    @damiandelarosa2675 2 роки тому +17

    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 😅

  • @camillesistoso1602
    @camillesistoso1602 Рік тому

    Thank you for this amazing video. Really helpful and easy to understand.

  • @gregoryakwiri2602
    @gregoryakwiri2602 Рік тому +1

    I just smiled when they reconciled.
    Doing a cpa 1 exam in December and this is really helpful

  • @sarahperera4717
    @sarahperera4717 2 роки тому

    Thank you for this amazing guidance!

  • @user-jv8hy5uk2u
    @user-jv8hy5uk2u 5 місяців тому

    Thank you very much! Your tutorials are clearly articulated and easy to understand. Loved it!

  • @Terrell2119
    @Terrell2119 2 роки тому

    Thanks for posting. I appreciate your videos. They're very helpful.

  • @amdadhussain432
    @amdadhussain432 8 днів тому

    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!

  • @ayaankhan5624
    @ayaankhan5624 Рік тому

    Thank you so much for the video, found it really informative and surely gonna help big time!

  • @essaneaudestephaniewadia5967
    @essaneaudestephaniewadia5967 9 місяців тому

    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 😅

  • @kashemullah6981
    @kashemullah6981 2 роки тому

    Ur a lifesaver, my lecturer or tutor could not explain it as well as u have done!

  • @deepikashree.v9678
    @deepikashree.v9678 3 місяці тому +2

    Hands down, the best channel to learn accounting!

  • @ecombalance3501
    @ecombalance3501 5 місяців тому

    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!

  • @charleswanjau8188
    @charleswanjau8188 2 роки тому

    This is awsome.Well explained Tutorial.Very informative

  • @shiou6841
    @shiou6841 2 роки тому

    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...

  • @judekalyesubula8646
    @judekalyesubula8646 Місяць тому

    Really grateful that i found this, thank you for your efforts and approach.

  • @fightedits630
    @fightedits630 Рік тому

    Thanks for helping and explaining these concepts.🙂

  • @JiyanDone999
    @JiyanDone999 Рік тому

    amazing I never understood all of this until I discovered your channel now accounting is so much fun. well done👍👍👍👍

  • @annalizaflores9785
    @annalizaflores9785 2 роки тому

    This helps me a lot. Thank you! ❤️❤️

  • @heithm1
    @heithm1 3 роки тому +5

    I've been waiting for this video for months. Thanks again.

  • @liliansintufya3100
    @liliansintufya3100 Рік тому

    Wow thank you so much. This tutorial has been very helpful

  • @jhaik2008
    @jhaik2008 3 роки тому +9

    I am a CPA and I can say that you explain everything so nicely. Do a lesson on deferred taxation

  • @taqiyasir9216
    @taqiyasir9216 2 роки тому

    Thank you Sir for explaining things so easily

  • @fahidsheikh7345
    @fahidsheikh7345 10 місяців тому

    I am happy that finally I got it - Thank you

  • @rahelaIvan-rn4th
    @rahelaIvan-rn4th 29 днів тому

    You are very good with explaining.
    Thank you!

  • @phappy05
    @phappy05 2 роки тому +1

    Thanks for making this video, it's easy to understand and very helpful

  • @nancyshadwani5306
    @nancyshadwani5306 Рік тому

    Very well explained 👍Thankyou so much!

  • @mohdabdullah95
    @mohdabdullah95 Рік тому

    This tutorial is really great!

  • @LSF315
    @LSF315 3 роки тому +1

    Good to see you back again. Please keep these videos coming.

  • @kanikamaheshwari9732
    @kanikamaheshwari9732 10 місяців тому

    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 !!!!

  • @sajakhan4677
    @sajakhan4677 2 роки тому

    This video is extremely helpful and well explained..........👍

  • @monamai8660
    @monamai8660 2 роки тому

    Thank you so much ! As a visual learner this helps mem out tremendously

  • @sharda5768
    @sharda5768 Рік тому

    thank you - awesome and detailed

  • @DRISHTINARANG-ng5dn
    @DRISHTINARANG-ng5dn Рік тому +1

    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.

  • @yinyin7614
    @yinyin7614 2 роки тому +3

    Well explained. Thank you for teaching.

  • @HelloBreezyXO
    @HelloBreezyXO Рік тому

    I stayed up for hours last night studying this from the book. This was so much better. I wish I saw this first.

  • @geraldrose4875
    @geraldrose4875 2 роки тому

    Wow, This is Awesome, it was completely helpful, l have finally find a good teacher 😊

  • @steshka1015
    @steshka1015 2 роки тому

    The explanation is made easy with detailed and advance presentation. I like how the amount moves...

  • @badmusoluwadamilola1136
    @badmusoluwadamilola1136 2 роки тому

    THIS IS REALLY HELPFUL, THANKS SO MUCH JAMES.

  • @DietricWilliams
    @DietricWilliams Місяць тому +1

    Where were you when I was getting slammed in accounting during grad school??! This is WAAAAAY more simplistic to understand!

  • @desery_vi
    @desery_vi День тому

    Thanks for this, it made it easier to understand

  • @georgexmalandris
    @georgexmalandris 2 роки тому

    Bro you are next level at making all that easy!

  • @dejanaleksic904
    @dejanaleksic904 Місяць тому

    Wow, great explanation and example! Thanks a lot!

  • @kamilraimov312
    @kamilraimov312 Місяць тому +1

    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

  • @jayhill1242
    @jayhill1242 4 місяці тому +2

    This might be the single greatest channel on youtube...

  • @MK-lx6od
    @MK-lx6od 4 місяці тому

    such a helpful simplified video. really helped my understanding!!

  • @JoelKakizibaJK
    @JoelKakizibaJK Рік тому

    for sure I appreciate this tutorial it has helped me a lot

  • @50shoaib
    @50shoaib Рік тому

    Thank you posting this video...Very Helpful..Thanks Again

  • @eliudtonga4900
    @eliudtonga4900 Місяць тому

    You are a gifted teacher. Awesome

  • @sanjanapandey9322
    @sanjanapandey9322 6 місяців тому

    Fantastic video! Your content is incredibly informative - looking forward to more. Keep up the great work!

  • @officialgospeldjdjstepajr5445
    @officialgospeldjdjstepajr5445 2 роки тому

    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 🇸🇱

  • @krystalevans9285
    @krystalevans9285 2 роки тому

    Thank you so much for your videos!

  • @aaronliu4004
    @aaronliu4004 3 роки тому +10

    Why does your video come out wherever my class goes?

  • @angelahang4262
    @angelahang4262 Рік тому

    thanks! It is very easy to understand

  • @mohsinbaig2195
    @mohsinbaig2195 2 роки тому

    This too is very helpful and comprehensive ♥️

  • @douglaswarnod1899
    @douglaswarnod1899 Рік тому

    Super video, you speak at a good speed, and it's well explained

  • @BruceWayne-mm2nu
    @BruceWayne-mm2nu Рік тому

    You're a legend!
    Thank you so much!

  • @aymankhaled352
    @aymankhaled352 5 місяців тому

    This video is great, just what I needed for my accounting final tomorrow morning.

  • @Wofanie
    @Wofanie 2 роки тому +14

    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!!!!!!

  • @sahilgangwar3687
    @sahilgangwar3687 3 роки тому +5

    So good !! Perfect

  • @kaonechepete1731
    @kaonechepete1731 11 місяців тому +1

    Thank you,these really helped cuz I have an exam tommorrow💕

  • @edmondmuchindu3156
    @edmondmuchindu3156 Рік тому

    Thanks so much this is magnificent am really following the lessons and they te very beneficial.

  • @devinmorton7390
    @devinmorton7390 4 місяці тому

    Extremely helpful! Thank you so much

  • @paulliunj
    @paulliunj Рік тому

    very helpful. thank you so much