The CPA Recipe
The CPA Recipe
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Welcome to my Accounting Channel
Hi!
I'm back! It's been a while since my last upload. So I made this video just to introduce to you guys to my rebranding. We're still gonna do some accounting tutorials, but please note that videos in this channel are not intended to be substitute to formal education, but rather, only aims students to help in simplifying accounting topics and perhaps to make them engaging and more enjoyable.
In addition, we will be covering more than just tutorials, such as studying tips, and maybe do some commentaries about things related to accounting life.
If you like my contents, please support this channel by liking my videos, subscribing and clicking the bell notification icon (so you will be notified right away every time I have a new upload) and you can also share this to your classmates and friends so our community would grow.
Nice to see you again and welcome back to my channel (version 2.0).
#TheCPARecipe #FilipinoAccountingTutorials #CPA #Accounting #AccountingChannel #Accountant #Anime
มุมมอง: 570

วีดีโอ

4 TYPES OF AUDIT OPINION (REPORT) - AUDITING THEORY
มุมมอง 9K3 ปีที่แล้ว
#Auditing #TypesofAuditOpinion #TheCPARecipe #AuditingTheory 4 TYPES OF AUDIT OPINION (REPORT) - AUDITING THEORY The 4 types of audit opinion (Unqualified, Qualified, Adverse and Disclaimer) are discussed in simple and easy to understand way. WHAT IS THE CPA RECIPE? The CPA Board Exam is probably one of the toughest licensure exams in the Philippines. That's why we aim to help students have a g...
Audit Risk Model (Audit, Inherent, Control & Detection Risks)
มุมมอง 13K4 ปีที่แล้ว
AUDIT RISK MODEL (AUDIT, INHERENT, CONTROL & DETECTION RISKS In order to be able to provide reasonable assurance (that is less than absolute or 100%), the auditor must reduce the risk of giving an incorrect opinion (AUDIT RISK) to an acceptable level. To reduce such risk to an acceptable level, the auditor makes an assessment of the audit client's RISK OF MATERIAL MISSTATEMENT, which consists o...
10 GENERALLY ACCEPTED AUDITING STANDARDS (GAAS) - AUDITING THEORY
มุมมอง 9K4 ปีที่แล้ว
10 GENERALLY ACCEPTED AUDITING STANDARDS (GAAS) General Standards 1. The auditor must have adequate technical training and proficiency to perform the audit 2. The auditor must maintain independence in mental attitude in all matters related to the audit. 3. The auditor must use due professional care during the performance of the audit and the preparation of the report. Standards of Field Work 1....
Five (5) Differences Between External Audit vs Internal Audit
มุมมอง 21K4 ปีที่แล้ว
Five (5) Differences Between External and Internal Audit Audit is a systematic process of objectively obtaining and evaluating evidence regarding assertions about economic actions and events to ascertain the degree of correspondence between those assertions and established criteria and communicating the results to interested users. (American Accounting Association) Both external and internal au...
What is Auditing and What to Expect in Auditing Theory? - Ep1
มุมมอง 32K4 ปีที่แล้ว
What is Auditing? Auditing is a systematic process of objectively obtaining and evaluating evidence regarding assertions about economic actions and events to ascertain the degree of correspondence between those assertions and established criteria and communicating the results to interested users. (American Accounting Association) Based on this definition, therefore, an audit has the following c...
How to Prepare Bank Reconciliation (Easy Tutorial Video) - Episode 8
มุมมอง 2.5K4 ปีที่แล้ว
#BANKRECONCILIATION #ACCOUNTING #THECPARECIPE SUBSCRIBE: If you want more videos like this, subscribe to our channel: th-cam.com/users/TheCPARecipe Outline: In this episode 8 of the Accounting Haist Basic Accounting Lecture series, we discuss: 1. Why do we need to prepare a Bank Reconciliation Statement? 2. What are the reasons for the differences betwwen Cash in Bank and Bank Statement balance...
How to Account for Depreciation (Tutorial Video) - Episode 7.2
มุมมอง 1.1K4 ปีที่แล้ว
#DEPRECIATION #DEPRECIATIONMETHODS #THECPARECIPE SUBSCRIBE: If you want more videos like this, subscribe to our channel: th-cam.com/users/TheCPARecipe Outline: In this second chapter of the second episode for the mini-series focusing on adjusting entries, we discuss: 1. What is depreciation (aside from the aspect of physical wear and tear)? 2. Why do we need to depreciate? 3. What is a capital ...
How to Account for Bad Debts (Tutorial Video) - Episode 7.1
มุมมอง 1.4K4 ปีที่แล้ว
Don't forget to hit LIKE, SHARE & SUBSCRIBE! In this first chapter of the second episode for the mini-series focusing on period-end adjustments, we discuss: 1. What is bad debts/ doubtful accounts/ uncollectible accounts expense? 2. What are the two accounting methods to account for bad debts? 3. What is the direct write-off method? 4. What is the allowance method? 5. What are the methods to es...
Adjusting Entries: What They Are and Why We Need Them? - Episode 6
มุมมอง 2.6K4 ปีที่แล้ว
Don't forget to hit LIKE, SHARE & SUBSCRIBE! The CPA Board Exam is probably one of the toughest licensure exam in the Philippines. That's why we aim to help students have a good fundamental accounting skillset to help them in their CPA journey. In this series of lectures by The CPA Recipe, we discuss the basics of accounting in a fun, easy to understand, and engaging way. In this first of a two...
How to Post to General Ledger and Prepare Trial Balance Tutorial Video - Episode 5
มุมมอง 6K4 ปีที่แล้ว
Don't forget to hit like, share, and subscribe! The CPA Board Exam is probably one of the toughest licensure exam in the Philippines. That's why we aim to help students have a good fundamental accounting skillset to help them in their CPA journey. In this series of lectures by The CPA Recipe, we discuss the basics of accounting in a fun, easy to understand, and engaging way. In this episode, we...
Journal Entry Preparation Exercises (Answer Along Video) - Episode 4
มุมมอง 4.8K4 ปีที่แล้ว
Don't forget to hit like, share, and subscribe! The CPA Board Exam is probably one of the toughest in the Philippines. That's why we aim to help students to have a good fundamental accounting background to help them in their CPA journey. In this series of lectures by The CPA Recipe, we discuss the basics of accounting in a fun, easy to understand, and engaging way. In this episode, we: 1. Pract...
Sole Proprietorship, Partnership, Corporation & Limited Liability Company (LLC) - Episode 3
มุมมอง 16K4 ปีที่แล้ว
The CPA Board Exam is probably one of the toughest in the Philippines. That's why we aim to help students to have a good fundamental accounting background to help them in their CPA journey. In this series of lectures by The CPA Recipe, we discuss the basics of accounting in a fun, easy to understand, and engaging way. In this episode, we discuss: 1. What is a sole proprietorship? 2. What is a p...
Debits & Credits and Preparing Journal Entries (Tutorial Video) - Episode 2
มุมมอง 3.3K4 ปีที่แล้ว
The CPA Board Exam is probably one of the toughest in the Philippines. That's why we aim to help students to have a good fundamental accounting background to help them in their CPA journey. In this series 2nd episode of the lectures by The CPA Recipe (called "The Accounting Haist Series", we discuss the basics of accounting in a fun, easy to understand, and engaging way. In this episode, we sho...
What is Accounting? Free Tutorial Video - Episode 1
มุมมอง 5K4 ปีที่แล้ว
The CPA Board Exam is probably one of the toughest in the Philippines. That's why we aim to help students to have a good fundamental accounting background to help them in their CPA journey. In this series of lectures by The CPA Recipe, we discuss the basics of accounting in a fun, easy to understand, and engaging way. In this episode, we show (not tell) you: 1. What is accounting? 2. What is ac...

ความคิดเห็น

  • @MASChanterelles
    @MASChanterelles 10 หลายเดือนก่อน

    can you make video about the Google Search Console?

  • @MASChanterelles
    @MASChanterelles 10 หลายเดือนก่อน

    can you make a video about Google Search Console?

  • @cathalfonso7117
    @cathalfonso7117 11 หลายเดือนก่อน

    Thank you po! ❤

  • @leonardodelacruz8275
    @leonardodelacruz8275 ปีที่แล้ว

    Well explained panero.

  • @kriziamariekallos7950
    @kriziamariekallos7950 ปีที่แล้ว

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

  • @JellaJavier
    @JellaJavier ปีที่แล้ว

    Please explain the detection risk separately.

  • @michaelvillareal9593
    @michaelvillareal9593 ปีที่แล้ว

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

  • @michaelvillareal9593
    @michaelvillareal9593 ปีที่แล้ว

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

  • @cristinevillaruz4624
    @cristinevillaruz4624 2 ปีที่แล้ว

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

  • @cristinevillaruz4624
    @cristinevillaruz4624 2 ปีที่แล้ว

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

  • @girliecruz8097
    @girliecruz8097 2 ปีที่แล้ว

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

  • @jiffereyvelasco304
    @jiffereyvelasco304 2 ปีที่แล้ว

    very clear an explanation.... thanks sir

  • @rach9918
    @rach9918 2 ปีที่แล้ว

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

  • @purplek5923
    @purplek5923 2 ปีที่แล้ว

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

  • @purplek5923
    @purplek5923 2 ปีที่แล้ว

    NAkakalito huhu dami kong mali..

  • @enarchavez6871
    @enarchavez6871 2 ปีที่แล้ว

    the videos are very helpful

  • @fidelatan7004
    @fidelatan7004 2 ปีที่แล้ว

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

  • @niellatabugoc7542
    @niellatabugoc7542 2 ปีที่แล้ว

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

  • @relitacapili8594
    @relitacapili8594 2 ปีที่แล้ว

    thanks allot sir for sharing un knowledge

  • @jxassemvlog7809
    @jxassemvlog7809 2 ปีที่แล้ว

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

  • @desirey3753
    @desirey3753 2 ปีที่แล้ว

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

  • @let_us_Grow
    @let_us_Grow 2 ปีที่แล้ว

    Sir limited partnership structure puwede ba sa manufacturing business?

  • @patisseriedorbakingtoolsan2880
    @patisseriedorbakingtoolsan2880 2 ปีที่แล้ว

    how about yung bago po na One Person Corporation po?

  • @muace520
    @muace520 2 ปีที่แล้ว

    This vid is really helpful po, thank you.

  • @lenzilou5855
    @lenzilou5855 2 ปีที่แล้ว

    Nice vid mixed with humor 😅 I learned a lot!

  • @maryjoy478
    @maryjoy478 2 ปีที่แล้ว

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

  • @laurenzcelerian741
    @laurenzcelerian741 2 ปีที่แล้ว

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

  • @Gtry-wj1xd
    @Gtry-wj1xd 2 ปีที่แล้ว

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

  • @chloeworld8347
    @chloeworld8347 2 ปีที่แล้ว

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

  • @AA-bd7vt
    @AA-bd7vt 3 ปีที่แล้ว

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

  • @dondon3421
    @dondon3421 3 ปีที่แล้ว

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

  • @juhanahbaulo3586
    @juhanahbaulo3586 3 ปีที่แล้ว

    Welcome back pooo, auditing lesson poo sana

  • @jenanngreg88
    @jenanngreg88 3 ปีที่แล้ว

    Hi, can you discuss how you audit banks?

  • @jhonillfernandez4754
    @jhonillfernandez4754 3 ปีที่แล้ว

    Difference po between internal and external financial report

  • @relitacapili8594
    @relitacapili8594 3 ปีที่แล้ว

    Salamat po sir nakakatulong eto

  • @nikclaus2372
    @nikclaus2372 3 ปีที่แล้ว

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

  • @xettridanbdrbudha1860
    @xettridanbdrbudha1860 3 ปีที่แล้ว

    Thank you sir

  • @gregorikarrenf.988
    @gregorikarrenf.988 3 ปีที่แล้ว

    Government accounting po sir sana👉👈

  • @darleneshyrbandoy2628
    @darleneshyrbandoy2628 3 ปีที่แล้ว

    Welcome back Professor Ron!

  • @escasinasmarivicr.9491
    @escasinasmarivicr.9491 3 ปีที่แล้ว

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

  • @allabouttiktok8306
    @allabouttiktok8306 3 ปีที่แล้ว

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

    • @TheCPARecipe
      @TheCPARecipe 3 ปีที่แล้ว

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

    • @allabouttiktok8306
      @allabouttiktok8306 3 ปีที่แล้ว

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

    • @TheCPARecipe
      @TheCPARecipe 3 ปีที่แล้ว

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

    • @allabouttiktok8306
      @allabouttiktok8306 3 ปีที่แล้ว

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

    • @TheCPARecipe
      @TheCPARecipe 3 ปีที่แล้ว

      @@allabouttiktok8306 Sure no worries!

  • @benitezmylajoyb.4730
    @benitezmylajoyb.4730 3 ปีที่แล้ว

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

    • @mairenefaithg.exclamador5221
      @mairenefaithg.exclamador5221 2 ปีที่แล้ว

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

  • @producebl1016
    @producebl1016 3 ปีที่แล้ว

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

  • @zikhonamfakadolodweza580
    @zikhonamfakadolodweza580 3 ปีที่แล้ว

    Thank you prof 👌

  • @miks3051
    @miks3051 3 ปีที่แล้ว

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

  • @erniedevega8028
    @erniedevega8028 3 ปีที่แล้ว

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

  • @russellmanguerra7192
    @russellmanguerra7192 3 ปีที่แล้ว

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

  • @larajunio04
    @larajunio04 3 ปีที่แล้ว

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

  • @princesskateannbendana6608
    @princesskateannbendana6608 3 ปีที่แล้ว

    Haha ang funny

  • @aeronrairoque
    @aeronrairoque 3 ปีที่แล้ว

    0:36