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Financial Statements | Principles of Accounting
 
03:20
Learn all about financial statements in just a few minutes! Fabio Ambrosio, CPA, instructor of accounting at the Central Washington University, details the income statement, statement of owner's equity, balance sheet, and statement of cash flows as a collection of the most important products companies produce during the accounting cycle.This video is part of a complete, condensed Principles of Accounting series presented in short, digestible summaries. Access the free study guides for Principles of Accounting here: https://www.coursehero.com/sg/principles-of-accounting/ Course Hero's Principles of Accounting video series covers the essentials of introductory accounting. Our short digest covers everything you need to know about the accounting cycle, accounting systems and controls, accounting for receivables and long-term assets, accounting for liabilities and equities, entity organizations and business analysis. The video series begins with an introduction to Generally Accepted Accounting Principles (GAAP) and an exploration of accounting systems. It continues with an exploration of journalizing, trial balances, and the adjusting process that leads to the creation of the four major financial statements companies produce: income statement, statement of owner’s equity, balance sheet and statement of cash flows. Along the way, you'll learn about: • GAAP and other legal requirements for accounting and reporting • The Accounting Equation • Single-Step and Multiple-Step Financial Statements • Double-Entry and Manual Accounting Systems • The General Ledger and Chart of Accountings • Trial balances and the adjusting process • Ethical standards in accounting The series continues by providing a deeper understanding of how entities employ accounting principles, including: • Accounting for merchandising businesses, including inventory costing methods and systems • Internal and cash controls • Accounting for receivables and long-term assets • Accounting for current liabilities and payroll, long-term liabilities and investments • Categories of businesses and the four types of business entities • Corporate annual reports Finally, the Principles of Accounting crash course includes a primer on business analysis tools, including preparation of a statement of cash flows and the uses ratio analysis. Additional concepts we cover in these quick videos include: accounts payable, accrual basis accounting, cash basis accounting, Financial Accounting Standards Board (FASB), periodic and perpetual inventory systems, horizontal analysis, vertical analysis, liquidity analysis, matching principle, proprietorship, limited liability company (LLC), partnerships, operating income, Sarbanes-Oxley Act (SOX), subsidiary ledgers and single-step income statements. Explore Course Hero’s collection of free Business and Accounting Study Guides here: https://www.coursehero.com/sg/ About Course Hero: Course Hero helps empower students and educators to succeed! We’re fueled by a passionate community of students and educators who share their course-specific knowledge and resources to help others learn. Learn more at http://www.coursehero.com. Master Your Classes with Course Hero! Get the latest updates: Facebook: https://www.facebook.com/coursehero Twitter: https://twitter.com/coursehero
Views: 442 Course Hero
The Mission, Vision, and Values statements
 
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A great way to formalize a company’s purposes, goals, and values is to have formal mission, vision, and values statements. The Mission statement addresses the question “Why do we exist?” or “What is the fundamental reason for our organization’s existence?” The Vision statement describes the desired future position of the company and answers the questions “What do we want to achieve in the future?” and “Who do we want to become?” A company's values are the guiding principles for the way it expects its employees to behave. On Facebook: https://www.facebook.com/365careers/ On the web: http://www.365careers.com/ On Twitter: https://twitter.com/365careers Subscribe to our channel: https://www.youtube.com/365careers
Views: 53621 365 Careers
IFRS 10 Consolidated Financial Statements - summary
 
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http://www.ifrsbox.com This is the short summary of IFRS 10 Consolidated Financial Statements. The objective of IFRS 10 is to establish principles for the presentation and preparation of consolidated financial statements when an entity controls one or more other entities. IFRS 10: - requires to present consolidated financial statements; - defines the principle of control - sets out the accounting requirements for consolidated financial statements and - defines an investment entity and sets out an exception to consolidating particular subsidiaries of an investment entity. An investor controls an investee when It is exposed to or has rights to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. Consolidated financial statements are the financial statements of a group presented as those of a single economic entity. Consolidation procedures: Step 1 – Combine like items of assets, liabilities, equity, income, expenses and cash flows of the parent with those of its subsidiaries. Step 2 - Offset or eliminate carrying amount of parent’s investment in subsidiary with parent’s portion of equity of each subsidiary. Step 3 - Offset or eliminate in full intragroup assets, liabilities, equity, income, expenses and cash flows relating to transactions between companies in the group. Investment entity is an entity that: - Obtains funds or money from one or more investors for the purpose of providing those investor(s) with investment management services; - Its business purpose is to invest funds solely for returns from capital appreciation, investment income, or both; and - It measures and evaluates the performance of substantially all of its investments on a fair value basis. If you’d like to learn how to consolidate, or anything about IFRS in general, please visit http://www.ifrsbox.com and subscribe to our free IFRS mini-course. Thank you!
Views: 118421 Silvia M. (of IFRSbox)
Fundamentals of Logic - Part 1 (Statements and Symbols)
 
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Part 1 of a brief rundown of the basic principles of the subject of logic. Reference Text: Setek and Gallo, Fundamentals of Mathematics Music: Orkybash - "Safety in Numbers"
Views: 8600 Adam Prance
Accounting Assumptions and Principles | Intermediate Accounting | CPA Exam FAR | Chp 2 p 3
 
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Conceptual framework for financial reporting, statement of financial accounting concepts, Conceptual framework, elements of financial statements, recognition and measurements, qualitative characteristics of accounting information, GAAP, SEC, FASB, CPA exam, he Entity Concept, The Accounting Period Concept, The Cost Principle, The Matching Concept, The revenue Recognition Principle, The Conservatism Principle, The Going Concern Principle. In the practice of financial accounting, certain basic assumptions are important to an understanding of the manner in which data are presented. The following four basic assumptions underlie the financial accounting structure: Economic Entity Assumption.  Economic activity can be identified with a particular unit of accountability in a manner that assumes the company is separate and distinct from its owners or other business units. Going Concern Assumption. In the absence of contrary information, a company is assumed to have a long life. The current relevance of the historical cost principle is dependent on the going-concern assumption. Monetary Unit Assumption. Money is the common denominator of economic activity and provides an appropriate basis for accounting measurement and analysis. The monetary unit is assumed to remain relatively stable over the years in terms of purchasing power. In essence, this assumption disregards any inflation or deflation in the economy in which the company operates. Periodicity Assumption. The economic activities of a company can be divided into artificial time periods for the purpose of providing the company’s periodic reports. Basic Principles 10. (L.O. 7) Certain basic principles are followed by accountants in recording and reporting the transactions of a business entity. These principles relate to how assets, liabilities, revenues, and expenses are to be identified, measured, and reported. Measurement Principle. A ‘mixed-attribute’ system permits the use of various measurement bases. Historical Cost Principle. Acquisition cost is considered a reliable basis upon which to account for assets and liabilities of a company. Historical cost has an advantage over other valuations, as it is thought to be verifiable. Fair Value Principle. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in on orderly transaction between market participants at the measurement date. Recently, GAAP has increasingly called for the use of fair value measurements in the financial statements. Revenue Recognition Principle. Revenue is recognized at the time in which the performance obligation is satisfied. Expense Recognition Principle. Recognition of expenses is related to net changes in assets and earning revenues. The expense recognition principle is implemented in accordance with the definition of expense by matching efforts (expenses) with accom-plishment (revenues). Product costs, such as material, labor, and overhead, attach to the product, and are recognized in the same period the products are sold. Period costs, such as officers’ salaries and other administrative expenses, attach to the period, and are recognized in the period incurred. Full Disclosure Principle. In the preparation of financial statements, the accountant should include sufficient information to influence the judgment and decision of an informed user. A series of judgmental tradeoffs must occur. Cost Constraint 11. (L.O. 8) Although accounting theory is based upon certain assumptions and the application of basic principles, there are some exceptions to these assumptions. One exception is often called a constraint, and sometimes justifies departures from basic accounting theory. Cost Constraint. The cost constraint (or cost-benefit relationship) relates to the notion that the benefits to be derived from providing certain accounting information should exceed the costs of providing that information. The difficulty in cost-benefit analysis is that the costs and especially the benefits are not always evident or measurable.
Boolean Expressions and "If" Statements Lesson 8.18 Tutorial with Answers Code.org CS Principles
 
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Boolean Expressions and "If" Statements is lesson 8 from Building Apps, unit of Code.org's C.S. Principles course, often used in AP Computer Science classrooms. Each part of the course challenges students to accomplish a new task while learning principles of computer science. In this video I walk through step-by-step how to get the right answer for this puzzle. Tutorials for other lessons is linked below. Code: https://studio.code.org/projects/applab/luQXbCQ4VMXKrALCCpmOPuLyK3DN-k-NifEZ4Yg6En8 Playlist: https://www.youtube.com/watch?v=HHYMcumn8YI&list=PLbsvRhEyGkKcxL-tHcGfUow9FhggFjUln
Views: 1238 Kurt Kaiser
2017/06/15: 12 principles for a 21st century conservatism
 
02:01:51
Conservatism has all-too-often found itself unable to articulate a coherent positive doctrine. By this I mean specifically that the laudable conservative tendency to preserve the best of past has too-often manifested itself in a series of "thou shalt not" statements, instead of laying out a manifesto of fundamental values that might serve to unite people around a set of common ambitions. I am attempting to rectify this problem with this statement of principles, some of which I believe might have the additional virtue of being attractive to young people, looking for mature and forthright purpose and responsibility. I am not making the claim that the statement is perfect, comprehensive or final. Background to the talk: I spoke at Carleton Place, a town in Lanark County, Thursday, June 15/17. I was invited by Randy Hillier, who is a Member of Provincial Parliament for Ontario (randyhilliermpp.com). You can find out more about him here: https://en.wikipedia.org/wiki/Randy_Hillier_(politician) Tenets of a viable 21st century conservatism 1. The fundamental assumptions of Western civilization are valid. 2. Peaceful social being is preferable to isolation and to war. In consequence, it justly and rightly demands some sacrifice of individual impulse and idiosyncrasy. 3. Hierarchies of competence are desirable and should be promoted. 4. Borders are reasonable. Likewise, limits on immigration are reasonable. Furthermore, it should not be assumed that citizens of societies that have not evolved functional individual-rights predicated polities will hold values in keeping with such polities. 5. People should be paid so that they are able and willing to perform socially useful and desirable duties. 6. Citizens have the inalienable right to benefit from the result of their own honest labor. 7. It is more noble to teach young people about responsibilities than about rights. 8. It is better to do what everyone has always done, unless you have some extraordinarily valid reason to do otherwise. 9. Radical change should be viewed with suspicion, particularly in a time of radical change. 10. The government, local and distal, should leave people to their own devices as much as possible. 11. Intact heterosexual two-parent families constitute the necessary bedrock for a stable polity. 12. We should judge our political system in comparison to other actual political systems and not to hypothetical utopias. --- SUPPORT THIS CHANNEL --- Direct Support: https://www.jordanbpeterson.com/donate Merchandise: https://teespring.com/stores/jordanbpeterson --- BOOKS --- 12 Rules for Life: An Antidote to Chaos: https://jordanbpeterson.com/12-rules-for-life/ Maps of Meaning: The Architecture of Belief: https://jordanbpeterson.com/maps-of-meaning/ --- LINKS --- Website: https://jordanbpeterson.com/ 12 Rules for Life Tour: https://jordanbpeterson.com/events/ Blog: https://jordanbpeterson.com/blog/ Podcast: https://jordanbpeterson.com/podcast/ Reading List: https://jordanbpeterson.com/great-books/ Twitter: https://twitter.com/jordanbpeterson Instagram: https://www.instagram.com/jordan.b.peterson/ Facebook: https://www.facebook.com/drjordanpeterson --- PRODUCTS --- Self Authoring Suite: https://selfauthoring.com/ Understand Myself personality test: https://understandmyself.com/ Merchandise: https://teespring.com/stores/jordanbpeterson
Views: 689813 Jordan B Peterson
The 9 Satanic Statements
 
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😈 Count Jackula continues his discussion of Satanism with Anton LaVey's 9 Satanic Statements of the Church of Satan. COUNT JACKULA'S SOCIAL MEDIA 💀 PATREON - https://goo.gl/WV85ke 💀 INSTAGRAM - https://goo.gl/wRTKKc 💀 TWITTER - https://goo.gl/Tb8bMj 💀 TWITCH - https://goo.gl/sZm4lG THE CHURCH OF SATAN ⛧ YOUTUBE CHANNEL - https://goo.gl/TfxVeq ⛧ TWITTER - https://goo.gl/4l8yu1 ⛧ WEBSITE - https://goo.gl/n04Xao THE SATANIC TEMPLE 🐐 YOUTUBE CHANNEL - https://goo.gl/y4ZXXf 🐐 TWITTER - https://goo.gl/CYZR0m 🐐 WEBSITE - https://goo.gl/jSXZzC MUSIC 🎵 Magic by @TONEZPRO (OFFICIAL) https://soundcloud.com/tonez-pro Creative Commons — Attribution 3.0 Unported— CC BY 3.0 http://creativecommons.org/licenses/b... Music provided by Audio Library https://youtu.be/gr_sQ_nGejM 🎵 Aftermath - Kevin Macleod https://www.youtube.com/watch?v=DuNXo... 🎵 Midnight Mile - Loud Lord x Slight https://soundcloud.com/loudlordbitch/... 🎵 Prince of Darkness - Electric Hellfire Club https://www.youtube.com/watch?v=9Uxsy...
Views: 1276 Satanic Panic Room
Boolean Expressions and "If" Statements Lesson 8.4 Tutorial with Answers Code.org CS Principles
 
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Boolean Expressions and "If" Statements is lesson 8 from Building Apps, unit of Code.org's C.S. Principles course, often used in AP Computer Science classrooms. Each part of the course challenges students to accomplish a new task while learning principles of computer science. In this video I walk through step-by-step how to get the right answer for this puzzle. Tutorials for other lessons is linked below. Playlist: https://www.youtube.com/watch?v=HHYMcumn8YI&list=PLbsvRhEyGkKcxL-tHcGfUow9FhggFjUln
Views: 364 Kurt Kaiser
Identifying Doctrines & Principles: "If...Then" Statements
 
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Video describing how to identify doctrines and principles by looking for cause-and-effect relationships in the scriptures and then creating "if...then" statements as a way to summarize the principles found.
Views: 58 MrDRBerry
Measurement of the Elements of Financial Statements
 
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This playlist contains sample videos of the Tabaldi Conceptual Framework video series. For more information on our products, visit www.tabaldi.org
Views: 13754 Tabaldi Education
Code quality principles, Refactoring, #1 Multi return statements
 
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Code quality principles, Refactoring, #1 Multi return statements Учи Java и ищи работу вместе с http://job4j.ru/
CS Principles: Conditionals - Part 2 If/Else Statements
 
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Start learning at http://code.org/ Stay in touch with us! • on Twitter https://twitter.com/codeorg • on Facebook https://www.facebook.com/Code.org • on Instagram https://instagram.com/codeorg • on Tumblr https://blog.code.org • on LinkedIn https://www.linkedin.com/company/code-org • on Google+ https://google.com/+codeorg Help us caption & translate this video! http://amara.org/v/61PV/
Views: 15655 Code.org
Single-Step vs. Multiple-Step Financial Statements | Principles of Accounting
 
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Learn all about single-step vs. multiple-step income statements in just a few minutes! Fabio Ambrosio, CPA, instructor of accounting at the Central Washington University, details preparation of single-step income statements as a simple process using one subtraction to calculate net income, and multiple-step income statements as utilizing multiple sections, subsections, and subtotals, including gross profit.This video is part of a complete, condensed Principles of Accounting series presented in short, digestible summaries. Access the free study guides for Principles of Accounting here: https://www.coursehero.com/sg/principles-of-accounting/ Course Hero's Principles of Accounting video series covers the essentials of introductory accounting. Our short digest covers everything you need to know about the accounting cycle, accounting systems and controls, accounting for receivables and long-term assets, accounting for liabilities and equities, entity organizations and business analysis. The video series begins with an introduction to Generally Accepted Accounting Principles (GAAP) and an exploration of accounting systems. It continues with an exploration of journalizing, trial balances, and the adjusting process that leads to the creation of the four major financial statements companies produce: income statement, statement of owner’s equity, balance sheet and statement of cash flows. Along the way, you'll learn about: • GAAP and other legal requirements for accounting and reporting • The Accounting Equation • Single-Step and Multiple-Step Financial Statements • Double-Entry and Manual Accounting Systems • The General Ledger and Chart of Accountings • Trial balances and the adjusting process • Ethical standards in accounting The series continues by providing a deeper understanding of how entities employ accounting principles, including: • Accounting for merchandising businesses, including inventory costing methods and systems • Internal and cash controls • Accounting for receivables and long-term assets • Accounting for current liabilities and payroll, long-term liabilities and investments • Categories of businesses and the four types of business entities • Corporate annual reports Finally, the Principles of Accounting crash course includes a primer on business analysis tools, including preparation of a statement of cash flows and the uses ratio analysis. Additional concepts we cover in these quick videos include: accounts payable, accrual basis accounting, cash basis accounting, Financial Accounting Standards Board (FASB), periodic and perpetual inventory systems, horizontal analysis, vertical analysis, liquidity analysis, matching principle, proprietorship, limited liability company (LLC), partnerships, operating income, Sarbanes-Oxley Act (SOX), subsidiary ledgers and single-step income statements. Explore Course Hero’s collection of free Business and Accounting Study Guides here: https://www.coursehero.com/sg/ About Course Hero: Course Hero helps empower students and educators to succeed! We’re fueled by a passionate community of students and educators who share their course-specific knowledge and resources to help others learn. Learn more at http://www.coursehero.com. Master Your Classes with Course Hero! Get the latest updates: Facebook: https://www.facebook.com/coursehero Twitter: https://twitter.com/coursehero
Views: 369 Course Hero
The Secrets of Consolidated Financial Statements - Part 1(How to understand Group Accounts)
 
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#NhyiraPremium #ConsolidatedFinancial Statements #ACCAF7 In this video, The Secrets of Consolidated Financial Statements - Part 1(How to understand Group Accounts), Nhyira Premium explains the basic principles and concepts in the preparation of Group Accounts. He discussed how to determine the group structure, calculate the post-acquisition, the group retained earnings, valuation non – controlling interest and intergroup trading transactions, how to prepare group accounts. This video is certainly for students preparing for the ACCA F7 and ACCA P2 examination as well as students of the Institute of Chartered Accountants Ghana (ICAG) studying Financial Reporting and Corporate Reporting. Parent, control, subsidiary, Online Courses: https://nhyirapremiumuniversity.com/courses Online Courses: https://nhyirapremiumuniversity.com/courses Listen to NHYIRA PREMIUM on iTunes: https://itunes.apple.com/gh/podcast/nhyira-premium-l-education-entrepreneurship-l/id1457522865 Get my Podcast on Stitcher here: https://www.stitcher.com/s?fid=385284&refid=stpr Get my Podcast on my Website: https://nhyirapremiumuniversity.com/podcast/ Please note that all materials in this video are from the books of Nhyira Premium and you can check them here WANT TO OWN NHYIRA'S BOOKS? https://www.amazon.com/NHYIRA-PREMIUM/e/B077MVZ211/ref=sr_ntt_srch_lnk_1?qid=1535011715&sr=8-1 Subscribe To My Channel https://goo.gl/Nw9WJU My Channel https://goo.gl/TkccB2 Recommended Playlist How to Pass the ICAG Examination: https://www.youtube.com/playlist?list=PLr0o467TparWGo6hFuuZ9sHEZIZDFRhDg Accounting Standards Series https://www.youtube.com/playlist?list=PLr0o467TparV0dWblpCOnwN2oVHjmzpKx Most Recent Upload: https://goo.gl/bKfEuA Most Popular Videos https://goo.gl/oDL681 Blog: Website for business leaders: https://nhyirapremiumuniversity.com/blog/ Social Media Connect with NHYIRA PREMIUM Facebook Group for Business Leaders: https://www.facebook.com/groups/727480184117450/ Facebook: https://www.facebook.com/premiumicaglobal/ Facebook page: https://www.facebook.com/nhyirapremiumofficial/
Views: 1058 Nhyira Premium
Bank Reconciliation Statements Past Paper (Basic question from CIE IGCSE)
 
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In this video tutorial, find CIE IGCSE Past paper question from June 2014 on Bank reconciliation statements. This is very helpful for AAT Level 2 Bookkeeping control unit. Accounting lecture is a channel to help Accounting students across the globe. We help IGCSE Accounting, A Level accounting, LCCI Accounting, ACCA, CIMA, CAT, FIA, AAT and university Accounting up to PHD. Check our website for updated course materials i.e. past papers, marks scheme, Chapter wise course notes, examiners report, Formula sheets https://accountinglecture.com Please like our Face book Page for regular updates: https://www.facebook.com/accountinglecture/ Feel free to request for any video or question you have, Our dedicated lecturing team will help you.
Views: 8949 Accounting Lecture
Programming Basics: Statements & Functions: Crash Course Computer Science #12
 
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Today, Carrie Anne is going to start our overview of the fundamental building blocks of programming languages. We’ll start by creating small programs for our very own video game to show how statements and functions work. We aren’t going to code in a specific language, but we’ll show you how conditional statements like IF and ELSE statements, WHILE loops, and FOR loops control the flow of programs in nearly all languages, and then we’ll finish by packaging up these instructions into functions that can be called by our game to perform more and more complex actions. Produced in collaboration with PBS Digital Studios: http://youtube.com/pbsdigitalstudios Want to know more about Carrie Anne? https://about.me/carrieannephilbin The Latest from PBS Digital Studios: https://www.youtube.com/playlist?list=PL1mtdjDVOoOqJzeaJAV15Tq0tZ1vKj7ZV Want to find Crash Course elsewhere on the internet? Facebook - https://www.facebook.com/YouTubeCrash... Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 322727 CrashCourse
Clip from Jesus' Guiding Principles: Vision and Mission Statements
 
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Africa Theological Seminary Class BA 2011 June/July 2013
How to perform a bank reconciliation
 
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Your cash journal $ and your bank statement $ don't match? A bank reconciliation is the way to go! Review how a bank reconciliation is performed and learn about what you might consider when auditing a client's bank reconciliation.
Views: 504881 AmandaLovesToAudit
Company Financial Statements
 
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Download Show Notes: http://www.mindset.co.za/learn/sites/files/LXL2013/LXL_Gr12Accounting_06_Company%20Financial%20Statements_07Mar.pdf In this live Grade 12 Accouting show we take a close look at Company Financial Statements. In this lesson we examine the changes to the format of an income statement and balance sheet of a company. We recap on GAAP principles and focus on year-end adjustments which affect the financial statements. Visit the Learn Xtra Website: http://www.learnxtra.co.za View the Learn Xtra Live Schedule: http://www.learnxtra.co.za/live Join us on Facebook: http://www.facebook.com/learnxtra Follow us on Twitter: http://twitter.com/learnxtra ( E00197372 )
Views: 27357 Mindset Learn
financial statements for beginners, financial statements definition and principles
 
01:14:51
financial statements for beginners, financial statements definition and principles. Financial statements are how companies communicate their story. Thanks to GAAP, there are four basic financial statements everyone must prepare . Together they represent the profitability and strength of a company. The financial statement that reflects a company’s profitability is the income statement. The statement of retained earnings – also called statement of owners equity shows the change in retained earnings between the beginning and end of a period (e.g. a month or a year). The balance sheet reflects a company’s solvency and financial position. The statement of cash flows shows the cash inflows and outflows for a company over a period of time. There are several accounting activities that happen before financial statements are prepared. Financial statements are prepared in the following order: income statement, sometimes called an earnings statement or profit and loss statement, reports the profitability of a business organization for a stated period of time. In accounting, we measure profitability for a period, such as a month or year, by comparing the revenues earned with the expenses incurred to produce these revenues. statement of retained earnings, explains the changes in retained earnings between two balance sheet dates. We start with beginning retained earnings (in our example, the business began in January so we start with a zero balance) and add any net income (or subtract net loss) from the income statement. balance sheet, lists the company’s assets, liabilities, and equity (including dollar amounts) as of a specific moment in time. That specific moment is the close of business on the date of the balance sheet. Notice how the heading of the balance sheet differs from the headings on the income statement and statement of retained earnings. A balance sheet is like a photograph; it captures the financial position of a company at a particular point in time. The other two statements are for a period of time. As you study about the assets, liabilities, and stockholders’ equity contained in a balance sheet, you will understand why this financial statement provides information about the solvency of the business. statement of cash flows shows the cash inflows and cash outflows from operating, investing, and financing activities. Operating activities generally include the cash effects of transactions and other events that enter into the determination of net income. Management is interested in the cash inflows to the company and the cash outflows from the company because these determine the company’s cash it has available to pay its bills when due.
Learn Accounting in 1 HOUR  First Lesson: Debits and Credits
 
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The ultimate video for new accounting students to learn basic accounting principles and accounting mechanics. This video assumes you know NOTHING and by the end of it, has you reading fortune 500 company financial statements. Learn more and become student at EF University for FREE - http://executivefinance.teachable.com/ Like us Facebook- https://www.facebook.com/exfinance/ Linkedin- https://www.linkedin.com/company/executive-finance Twitter- https://twitter.com/exfinance
Views: 1604092 Executive Finance
Boolean Expressions and "If" Statements Lesson 8.17 Tutorial with Answers Code.org CS Principles
 
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Boolean Expressions and "If" Statements is lesson 8 from Building Apps, unit of Code.org's C.S. Principles course, often used in AP Computer Science classrooms. Each part of the course challenges students to accomplish a new task while learning principles of computer science. In this video I walk through step-by-step how to get the right answer for this puzzle. Tutorials for other lessons is linked below. Playlist: https://www.youtube.com/watch?v=HHYMcumn8YI&list=PLbsvRhEyGkKcxL-tHcGfUow9FhggFjUln
Views: 578 Kurt Kaiser
Tips for cleaner code: Cleaning up IF statements
 
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Want more? Explore the library at https://www.codecourse.com/lessons Official site https://www.codecourse.com Twitter https://twitter.com/teamcodecourse
Views: 218494 Codecourse
Boolean Expressions and "If" Statements Lesson 8.16 Tutorial with Answers Code.org CS Principles
 
04:24
Boolean Expressions and "If" Statements is lesson 8 from Building Apps, unit of Code.org's C.S. Principles course, often used in AP Computer Science classrooms. Each part of the course challenges students to accomplish a new task while learning principles of computer science. In this video I walk through step-by-step how to get the right answer for this puzzle. Tutorials for other lessons is linked below. Playlist: https://www.youtube.com/watch?v=HHYMcumn8YI&list=PLbsvRhEyGkKcxL-tHcGfUow9FhggFjUln
Views: 556 Kurt Kaiser
Notes Receivable | Principles of Accounting
 
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Learn all about notes receivable in just a few minutes! Fabio Ambrosio, CPA, instructor of accounting at the Central Washington University, details the characteristics of notes receivable and the accounting transactions involved in the reporting of notes receivable. This video is part of a complete, condensed Principles of Accounting series presented in short, digestible summaries. Access the free study guides for Principles of Accounting here: https://www.coursehero.com/sg/principles-of-accounting/ Course Hero's Principles of Accounting video series covers the essentials of introductory accounting. Our short digest covers everything you need to know about the accounting cycle, accounting systems and controls, accounting for receivables and long-term assets, accounting for liabilities and equities, entity organizations and business analysis. The video series begins with an introduction to Generally Accepted Accounting Principles (GAAP) and an exploration of accounting systems. It continues with an exploration of journalizing, trial balances, and the adjusting process that leads to the creation of the four major financial statements companies produce: income statement, statement of owner’s equity, balance sheet and statement of cash flows. Along the way, you'll learn about: • GAAP and other legal requirements for accounting and reporting • The Accounting Equation • Single-Step and Multiple-Step Financial Statements • Double-Entry and Manual Accounting Systems • The General Ledger and Chart of Accountings • Trial balances and the adjusting process • Ethical standards in accounting The series continues by providing a deeper understanding of how entities employ accounting principles, including: • Accounting for merchandising businesses, including inventory costing methods and systems • Internal and cash controls • Accounting for receivables and long-term assets • Accounting for current liabilities and payroll, long-term liabilities and investments • Categories of businesses and the four types of business entities • Corporate annual reports Finally, the Principles of Accounting crash course includes a primer on business analysis tools, including preparation of a statement of cash flows and the uses ratio analysis. Additional concepts we cover in these quick videos include: accounts payable, accrual basis accounting, cash basis accounting, Financial Accounting Standards Board (FASB), periodic and perpetual inventory systems, horizontal analysis, vertical analysis, liquidity analysis, matching principle, proprietorship, limited liability company (LLC), partnerships, operating income, Sarbanes-Oxley Act (SOX), subsidiary ledgers and single-step income statements. Explore Course Hero’s collection of free Business and Accounting Study Guides here: https://www.coursehero.com/sg/ About Course Hero: Course Hero helps empower students and educators to succeed! We’re fueled by a passionate community of students and educators who share their course-specific knowledge and resources to help others learn. Learn more at http://www.coursehero.com. Master Your Classes with Course Hero! Get the latest updates: Facebook: https://www.facebook.com/coursehero Twitter: https://twitter.com/coursehero
Views: 22 Course Hero
Bank Reconciliation
 
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Learn how to prepare a bank reconciliation and make the associated journal entries.
Views: 249481 Accounting Videos
Boolean Expressions and "If" Statements Lesson 8.12 Tutorial with Answers Code.org CS Principles
 
02:39
Boolean Expressions and "If" Statements is lesson 8 from Building Apps, unit of Code.org's C.S. Principles course, often used in AP Computer Science classrooms. Each part of the course challenges students to accomplish a new task while learning principles of computer science. In this video I walk through step-by-step how to get the right answer for this puzzle. Tutorials for other lessons is linked below. Playlist: https://www.youtube.com/watch?v=HHYMcumn8YI&list=PLbsvRhEyGkKcxL-tHcGfUow9FhggFjUln
Views: 281 Kurt Kaiser
Inventory Systems and Inventory Costing Methods | Principles of Accounting
 
08:54
Learn all about inventory systems and inventory costing methods in just a few minutes! Fabio Ambrosio, CPA, instructor of accounting at the Central Washington University, explains perpetual inventory systems, periodic inventory systems, and the first in, first out (FIFO), last in, first out (LIFO) and weight average methods of valuing inventory.This video is part of a complete, condensed Principles of Accounting series presented in short, digestible summaries. Access the free study guides for Principles of Accounting here: https://www.coursehero.com/sg/principles-of-accounting/ Course Hero's Principles of Accounting video series covers the essentials of introductory accounting. Our short digest covers everything you need to know about the accounting cycle, accounting systems and controls, accounting for receivables and long-term assets, accounting for liabilities and equities, entity organizations and business analysis. The video series begins with an introduction to Generally Accepted Accounting Principles (GAAP) and an exploration of accounting systems. It continues with an exploration of journalizing, trial balances, and the adjusting process that leads to the creation of the four major financial statements companies produce: income statement, statement of owner’s equity, balance sheet and statement of cash flows. Along the way, you'll learn about: • GAAP and other legal requirements for accounting and reporting • The Accounting Equation • Single-Step and Multiple-Step Financial Statements • Double-Entry and Manual Accounting Systems • The General Ledger and Chart of Accountings • Trial balances and the adjusting process • Ethical standards in accounting The series continues by providing a deeper understanding of how entities employ accounting principles, including: • Accounting for merchandising businesses, including inventory costing methods and systems • Internal and cash controls • Accounting for receivables and long-term assets • Accounting for current liabilities and payroll, long-term liabilities and investments • Categories of businesses and the four types of business entities • Corporate annual reports Finally, the Principles of Accounting crash course includes a primer on business analysis tools, including preparation of a statement of cash flows and the uses ratio analysis. Additional concepts we cover in these quick videos include: accounts payable, accrual basis accounting, cash basis accounting, Financial Accounting Standards Board (FASB), periodic and perpetual inventory systems, horizontal analysis, vertical analysis, liquidity analysis, matching principle, proprietorship, limited liability company (LLC), partnerships, operating income, Sarbanes-Oxley Act (SOX), subsidiary ledgers and single-step income statements. Explore Course Hero’s collection of free Business and Accounting Study Guides here: https://www.coursehero.com/sg/ About Course Hero: Course Hero helps empower students and educators to succeed! We’re fueled by a passionate community of students and educators who share their course-specific knowledge and resources to help others learn. Learn more at http://www.coursehero.com. Master Your Classes with Course Hero! Get the latest updates: Facebook: https://www.facebook.com/coursehero Twitter: https://twitter.com/coursehero
Views: 57 Course Hero
Write a Personal Mission Statement - Action Principle® #3
 
03:08
http://Success.org The Action Principles® This is Action Principles #3 -- Write a Personal Mission Statement A mission statement is your grand vision of the person you aspire to become -- who are your heroes? Who are the people who have done or are doing what you want to do -- study them - In business, I like Richard Branson and Jack Welch In real estate, William Zeckendorf and, of course, Donald Trump In the martial arts Bruce Lee and Morehi Ueshiba In religion, Bishop Sheen, Thomas Merton, Mother Teresa and Pope John Paul II There are many books BY and ABOUT all of my heroes -- I don't have to listen to anyone tell me what I can or can't do -- I choose my heroes as my own life teachers -- examples on how I want to behave I have one life to live and for me all things are possible. What others have done, I can do How lucky I am to have this optimism Take your quiet time -- write your goals -- divide and conquer -- and start studying your heroes -- I mentioned famous people but if you choose to look, there are many wonderful role models all around you You see and you think ... Wow, Bob really is a great father Susan is a remarkable investor Tom is in top shape Mary really has really wonderful sense of style As time goes by -- and as you think and as you act like your heroes -- a wonderful thing will happen -- you will become more and more like them -- The Action Principles® http://Success.org
Views: 43138 ActionPrinciples
Boolean Expressions and "If" Statements Lesson 8.9 Tutorial with Answers Code.org CS Principles
 
03:24
Boolean Expressions and "If" Statements is lesson 8 from Building Apps, unit of Code.org's C.S. Principles course, often used in AP Computer Science classrooms. Each part of the course challenges students to accomplish a new task while learning principles of computer science. In this video I walk through step-by-step how to get the right answer for this puzzle. Tutorials for other lessons is linked below. Playlist: https://www.youtube.com/watch?v=HHYMcumn8YI&list=PLbsvRhEyGkKcxL-tHcGfUow9FhggFjUln
Views: 413 Kurt Kaiser
Merchandising Financial Statements | Principles of Accounting
 
03:53
Learn all about merchandising financial statements in just a few minutes! Fabio Ambrosio, CPA, instructor of accounting at the Central Washington University, explains the elements of financial statement preparation that are unique to merchandising businesses, including how the balance sheet expands its assets section to include merchandise inventory and sometimes estimated returns inventory, and the need for a multiple-step income statement, which separates the cost of the goods the business sells from the cost of running the business.This video is part of a complete, condensed Principles of Accounting series presented in short, digestible summaries. Access the free study guides for Principles of Accounting here: https://www.coursehero.com/sg/principles-of-accounting/ Course Hero's Principles of Accounting video series covers the essentials of introductory accounting. Our short digest covers everything you need to know about the accounting cycle, accounting systems and controls, accounting for receivables and long-term assets, accounting for liabilities and equities, entity organizations and business analysis. The video series begins with an introduction to Generally Accepted Accounting Principles (GAAP) and an exploration of accounting systems. It continues with an exploration of journalizing, trial balances, and the adjusting process that leads to the creation of the four major financial statements companies produce: income statement, statement of owner’s equity, balance sheet and statement of cash flows. Along the way, you'll learn about: • GAAP and other legal requirements for accounting and reporting • The Accounting Equation • Single-Step and Multiple-Step Financial Statements • Double-Entry and Manual Accounting Systems • The General Ledger and Chart of Accountings • Trial balances and the adjusting process • Ethical standards in accounting The series continues by providing a deeper understanding of how entities employ accounting principles, including: • Accounting for merchandising businesses, including inventory costing methods and systems • Internal and cash controls • Accounting for receivables and long-term assets • Accounting for current liabilities and payroll, long-term liabilities and investments • Categories of businesses and the four types of business entities • Corporate annual reports Finally, the Principles of Accounting crash course includes a primer on business analysis tools, including preparation of a statement of cash flows and the uses ratio analysis. Additional concepts we cover in these quick videos include: accounts payable, accrual basis accounting, cash basis accounting, Financial Accounting Standards Board (FASB), periodic and perpetual inventory systems, horizontal analysis, vertical analysis, liquidity analysis, matching principle, proprietorship, limited liability company (LLC), partnerships, operating income, Sarbanes-Oxley Act (SOX), subsidiary ledgers and single-step income statements. Explore Course Hero’s collection of free Business and Accounting Study Guides here: https://www.coursehero.com/sg/ About Course Hero: Course Hero helps empower students and educators to succeed! We’re fueled by a passionate community of students and educators who share their course-specific knowledge and resources to help others learn. Learn more at http://www.coursehero.com. Master Your Classes with Course Hero! Get the latest updates: Facebook: https://www.facebook.com/coursehero Twitter: https://twitter.com/coursehero
Views: 50 Course Hero
How to Prepare Adjusting Journal Entries | Principles of Accounting
 
02:45
Learn all about how to prepare adjusting journal entries in just a few minutes! Fabio Ambrosio, CPA, instructor of accounting at the Central Washington University, walks through preparation of adjusting journal entries and explains why they are usually recorded at the end of an accounting period after preparation of the unadjusted trial balance.This video is part of a complete, condensed Principles of Accounting series presented in short, digestible summaries. Access the free study guides for Principles of Accounting here: https://www.coursehero.com/sg/principles-of-accounting/ Course Hero's Principles of Accounting video series covers the essentials of introductory accounting. Our short digest covers everything you need to know about the accounting cycle, accounting systems and controls, accounting for receivables and long-term assets, accounting for liabilities and equities, entity organizations and business analysis. The video series begins with an introduction to Generally Accepted Accounting Principles (GAAP) and an exploration of accounting systems. It continues with an exploration of journalizing, trial balances, and the adjusting process that leads to the creation of the four major financial statements companies produce: income statement, statement of owner’s equity, balance sheet and statement of cash flows. Along the way, you'll learn about: • GAAP and other legal requirements for accounting and reporting • The Accounting Equation • Single-Step and Multiple-Step Financial Statements • Double-Entry and Manual Accounting Systems • The General Ledger and Chart of Accountings • Trial balances and the adjusting process • Ethical standards in accounting The series continues by providing a deeper understanding of how entities employ accounting principles, including: • Accounting for merchandising businesses, including inventory costing methods and systems • Internal and cash controls • Accounting for receivables and long-term assets • Accounting for current liabilities and payroll, long-term liabilities and investments • Categories of businesses and the four types of business entities • Corporate annual reports Finally, the Principles of Accounting crash course includes a primer on business analysis tools, including preparation of a statement of cash flows and the uses ratio analysis. Additional concepts we cover in these quick videos include: accounts payable, accrual basis accounting, cash basis accounting, Financial Accounting Standards Board (FASB), periodic and perpetual inventory systems, horizontal analysis, vertical analysis, liquidity analysis, matching principle, proprietorship, limited liability company (LLC), partnerships, operating income, Sarbanes-Oxley Act (SOX), subsidiary ledgers and single-step income statements. Explore Course Hero’s collection of free Business and Accounting Study Guides here: https://www.coursehero.com/sg/ About Course Hero: Course Hero helps empower students and educators to succeed! We’re fueled by a passionate community of students and educators who share their course-specific knowledge and resources to help others learn. Learn more at http://www.coursehero.com. Master Your Classes with Course Hero! Get the latest updates: Facebook: https://www.facebook.com/coursehero Twitter: https://twitter.com/coursehero
Views: 49 Course Hero
Statement of Cash Flows Explained
 
17:30
The Statement of Cash Flows is explained using the Indirect and Direct methods.
Views: 655982 Ryan Teeter
Financial Statements || Income Statement || Owner's Equity Statement || Balance Sheet || Accounting
 
32:07
This accounting tutorial is very easy and instructive to learn the process of preparing basic Financial Statements i. e., Income Statement, Owners Equity Statement, and Balance Sheet. If you enjoyed, please SUBSCRIBE.
Views: 71649 Md. Azim
Association with Financial Statements and SSARS Engagements - Lesson 3
 
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In this video, 7.01 – Association with Financial Statements and SSARS Engagements – Lesson 3, Roger Philipp, CPA, CGMA, provides an overview of AR-C 60 of Statements on Standards for Accounting and Review Services (SSARS)—mainly that SSARS governs reviews, compilations, and financial statement preparation engagements of nonissuer entities, including individuals. As a result, all SSARS engagements must be performed in accordance with AR-C 60, General Principles for Engagements Performed in Accordance with Statements on Standards for Accounting and Review Services. The five categories within AR-C 60 are financial statements, ethical requirements, professional judgment, conduct of the engagement in accordance with SSARS, and engagement level quality control. Website: https://www.rogercpareview.com Blog: https://www.rogercpareview.com/blog Facebook: https://www.facebook.com/RogerCPAReview Twitter: https://twitter.com/rogercpareview LinkedIn: https://www.linkedin.com/company/roger-cpa-review Are you accounting faculty looking for FREE CPA Exam resources in the classroom? Visit our Professor Resource Center: https://www.rogercpareview.com/professor-resource-center/ Video Transcript Sneak Peek: Okay, so with SSARS engagements in general. It says here they apply to the work of accountants in connection with financial statements of a nonissuer, nonpublic client. All right and it defines here what is considered public. All SSARS engagements are required to be performed in accordance with the general principles under ARC 60. Under these general principles which is the ARC 60 that I just mentioned. These are the general principles. So under ARC-60, these are the general principles. These principles apply to all of these and again today we're gonna talk about reviews, compilations and preparation of financial statement engagements. In looking at these principles, there are five basic categories that we're looking at. The five categories are the financial statements which we'll expand on in just a moment. Ethical requirements, so ethics, professional judgment. Judgment,D-G-M-E-N-T, conduct of the engagement in accordance with SSARS. SSARS by the ARSC of the AICPA and engagement level quality control. All right, so these are again the general. Now remember we're gonna talk about these, spend a few minutes on it. They apply to all of these three services or engagements we're doing under SSARS. All right, financial statements, now since day one what have we been saying, whose statements are these? Managements, management is responsible for the preparation, for the content and so on. In an audit our job's to go out and give an opinion or positive assurance. What the financial statements management is responsible and they're gonna do these statements in accordance with some sort of framework. We talk about either a general purpose framework which would be doing it in accordance with GAAP or IFRS. We also have what we call a special purpose framework and a special purpose framework would be something like what we called OCBOA, Other Comprehensive Basis of Accounting other than GAAP. So OCBOA could be a cash basis, a tax basis, and contractual regulatory agency basis. It's some sort of OCBOA. What we're basically saying is the statements are management's responsibility and they're either gonna be basically in accordance with the general purpose framework or a special purpose framework and that's how those statements are gonna be setup. It says their managements require until you see a couple of bullets. Identify the applicable financial reporting framework whether it's the general purpose framework or special purpose, they have to identify the framework. Prepare and fairly present the statements in accordance with that framework and adequately describe the framework in the financial statements. That's what again the general standards, the general principles are for financial statements. Ethical requirements, now with ethics we did talk about that earlier in profession responsibilities in an earlier section. It says the account is required to comply with all relevant ethical requirements including those, of the AICPA code of professional conduct. That was another area that's like 15 to 20% of the exam. That's its own section code of conduct. This entails compliance with fundamental principles of professional ethics established by the code.
Views: 4378 Roger CPA Review
Boolean Expressions and "If" Statements Lesson 8.14 Tutorial with Answers Code.org CS Principles
 
04:11
Boolean Expressions and "If" Statements is lesson 8 from Building Apps, unit of Code.org's C.S. Principles course, often used in AP Computer Science classrooms. Each part of the course challenges students to accomplish a new task while learning principles of computer science. In this video I walk through step-by-step how to get the right answer for this puzzle. Tutorials for other lessons is linked below. Playlist: https://www.youtube.com/watch?v=HHYMcumn8YI&list=PLbsvRhEyGkKcxL-tHcGfUow9FhggFjUln
Views: 376 Kurt Kaiser
US GAAP vs. IFRS on the Financial Statements
 
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You'll learn the key differences between US GAAP and IFRS on the 3 main financial statements (Income Statement, Balance Sheet, and Cash Flow Statement). By http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" You'll also learn how to adjust an international company's financial statements to make it easier to model and project over time. Table of Contents: 1:46 Why US GAAP vs. IFRS Matters 5:28 Income Statement Terminology Differences 7:34 Balance Sheet Differences 14:09 How to Adjust the Financial Statements for an IFRS Company 20:02 Recap and Summary Income Statement: The Income Statement is very similar regardless of the accounting system. Some items have different names (e.g., Revenue is often called Turnover and Net Income is often called Profit), but that's about it. Balance Sheet: There are more differences on the Balance Sheet - items are often arranged in a different order (sometimes Long-Term Assets are listed first, then Current Assets, then Equity, then Long-Term Liabilities and Current Liabilities at the end). The Balance Sheet itself is usually called the "Statement of Financial Position." Also, items within the Equity section often have different names: Common Stock is called "Share Capital" or "Issued Capital." Additional Paid-In Capital is often called the "Share Premium." Retained Earnings and Treasury Stock tend to have similar names. IFRS-based companies also have many "Reserve" categories for items such as FX translation differences and unrealized gains and losses. For US-based companies, these items show up within Accumulated Other Comprehensive Income (AOIC) rather than being split out into separate "Reserve" categories. But the FUNCTIONALITY of the Balance Sheet is still very similar (items still flow in and change the same way), even if items have different names or are grouped differently. Cash Flow Statement There are more differences on the Cash Flow Statement, because most US-based companies use the INDIRECT method and most international companies use the DIRECT method. The Indirect Method starts with Net Income, makes non-cash adjustments, and lists the changes in Working Capital in the Cash Flow from Operations section. The Direct Method simply lists the cash received from customers and cash paid to suppliers and employees, along with income taxes and interest and other expenses, and so you don't see the full details behind the non-cash adjustments and working capital spending. When this happens, it is much, much harder to link the financial statements because changes in items such as Accounts Receivable and Accounts Payable won't flow into anything on the Cash Flow Statement. So we recommend ADJUSTING the financial statements as follows: First, find a reconciliation between this Cash Flow Statement and the company's operating income and/or net income. Then, make the Cash Flow Statement start with Net Income instead, as it normally does, and include all the line items from this reconciliation (non-cash adjustments, Working Capital changes, etc.). And if there are still remaining differences between items such as income taxes and interest expense on the Income Statement vs. Cash Flow Statement, make adjusting entries on the CFS that indicate the true cash amount that a company paid for those. Further Resources http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-US-GAAP-vs-IFRS.xlsx Examples of Financial Statements for US-Based Companies: http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-US-Chuck-E-Cheese.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-US-Jazz-Pharmaceuticals.pdf Examples of Financial Statements for International Companies: http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Australia-Telstra.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Brazil-Ambev.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-China-TenCent.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-France-Vivendi.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-India-Infosys.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Japan-Suntory.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Korea-Samsung.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Mexico-FEMSA.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Russia-Rostelecom.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Saudi-Arabia-Saudi-Telecom.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Singapore-SG-Airlines.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-South-Africa-PPC.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-UAE-DP-World.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-UK-Easyjet.pdf
Guiding principles - quotes and statements
 
12:30
ICAI S. Vaidyanath Aiyar Memorial Lecture by Major V. V. Narayanan, Head – Compliance & Security, Bharti Airtel Ltd http://shrimagzagenda.blogspot.in/2016/01/icai-v-v-narayanan.html (Part of video-notes of interactions as a journalist, and of conferences etc., attended in response to a press/media invite.) http://about.me/dmurali
Views: 10 Murali D
Stock Market Investing Tips : Why Is GAAP Important to Financial Statements?
 
02:37
Financial statements in the United States are reported using GAAP principles so that full disclosure is provided to potential investors. Use the Generally Accepted Accounting Principles to understand the finances of a company with insight from a personal financial adviser in this free video on finances. Expert: Roger Groh Contact: www.grohasset.com Bio: Roger Groh is a personal asset manager, and the head of Groh Asset LLC. Filmmaker: Bing Hu
Views: 1515 eHow
I.Com Part 1 Accounting, Ch 13 - Short Definition Financial Statements - 11th Class Accounting
 
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In this online lecture, Sir Syed Yasir Nisar explains Principles of Accounting Chapter 13 Financial Statements.The topic being discussed is Topic Short Defination Chapter no 13. punjab text book board/Sindh text book board/KPK text book board I.Com Part 1 book 1 lecture is conducted in Urdu/hindi/English. This lecture for Commerce Students 11th class for Principles of Accounting chapter 11 is created for all students who want to prepare this topic in detail. For more videos of Syed Yasir Nisar https://www.ilmkidunya.com/study/11th-class-principles-of-accounting/simple-final-accounts.aspx If you have any questions about this lecture on Principles of Accounting i.com part 1 ch 13, you can go to https://www.instutor.com/11th-class/principles-of-accounting/simple-final-accounts
Views: 674 ilmkidunya
Financial Statements: Income, Retained Earnings, Balance Sheet, Cash Flow - Accounting video
 
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"What is Financial Accounting and Bookkeeping" - eBook JUST RELEASED! ONLY $.99 @ http://tiny.cc/m7slmw (FREE Sample - see details below) "What is Financial Accounting and Bookkeeping" is available in multiple formats including Kindle, iPad/iBooks, Kobo, Sony Reader, Nook, and PDF! "What is Financial Accounting and Bookkeeping" introduces integral accounting vocabulary, concepts and principles to give a foundation for learning accounting. Using conversational style language, the discussion on the differences in financial and managerial accounting give the reader a clear understanding of what financial accounting is. "What is Financial Accounting and Bookkeeping" provides step-by-step guidance through the accounting equation: (1) how to use the accounting equation in analyzing business transactions, and (2) using the accounting equation and transactional data information to later prepare financial statements and how those financial statements are linked together. "What is Financial Accounting and Bookkeeping" contains an accounting quiz and example accounting exam questions, with solutions, and a glossary of terms. -- The Financial Statements video by TheAccountingDr at http://youtu.be/Q0pYOrgULdQ discusses the four financial statements, what the statements are made up of and how all the statements are related. There are four financial statements: Income Statement, Statement of Retained Earnings, the Balance Sheet and the Statement of Cash Flows. These financial statements have a relationship that not only binds them together but requires creation in a specific order. Net income from the income statement is the difference between revenues and expenses. This number, net income, is then carried over to the statement of retained earnings to derive ending retained earnings. The ending retained earnings is then used in the owners' equity section of the balance sheet. Recall that the balance sheet is also the accounting equation and can be presented in one of two forms: report form or account form. Find this video with complete transcript of lecture notes at http://theaccountingdr.hubpages.com/hub/Accounting-Equation Other videos in this series: Part 1: Accounting Terms and Principles Part 2: The Accounting Equation Part 3: Revenue Recognition Principle and Matching Principle -- Thank you all for your wonderful support. Because of your support we have been able to reach and help numerous accounting students. Please continue to be a part of our mission to help other accounting students be successful by giving our videos thumbs up and adding our videos to your favorites. -- For more accounting/how to eLectures (and accompanying lecture notes), blog and a discount textbook-store visit www.TheAccountingDr.com Please note that videos may require Flash media and may not play on devices without Flash capabilities (i.e. iPad). Visit www.TheAccountingDr.com to watch the videos on non-Flash devices.
SOLID Principles - Dependency Inversion Principle (Example)
 
06:03
✅ Java Masterclass: http://bit.ly/java-ee-bootcamp ✅ FREE Java Programming Course: http://bit.ly/first-steps-java ✅ FREE Top Programming Interview Questions: http://bit.ly/top-programming-intervi... ✅ Find more: https://www.globalsoftwaresupport.com/ ===================================================== Global Software Support helps you to understand hard concepts easily. In the Java Masterclass you learn about the following topics: ✘ Java programming fundamentals (loops, if statements, OOP principles) ✘ multithreading and parallel programming in Java ✘ Java SE - how to create a desktop application with MySQL, Maven and Swing ✘ Java EE - how to create an enterprise application with JBoss WildFly, Maven, Vaadin and Spring ✘ SOLID principles and design patterns ===================================================== ✅ Instagram: https://www.instagram.com/global.software.algorithms/ ✅ Facebook: https://www.facebook.com/Global-Software-Support-2420513901306285/
Views: 763 Balazs Holczer
Accounting Equation - Ch. 1 Video 1
 
07:55
Accounting Principles - The Accounting Equation
Views: 422825 mattfisher64
Recognition Criteria for the Elements of Financial Statements
 
04:22
This playlist contains sample videos of the Tabaldi Conceptual Framework video series. For more information on our products, visit www.tabaldi.org
Views: 13602 Tabaldi Education