Balance Sheet Basics Explained By A Controller

A detailed walkthrough the basics of the balance sheet including:
1. The main Accounting Equation
2. Current vs. non-current Assets & Liabilities
3. What is considered "Cash & Cash Equivalents"
4. Deferred Revenue
5. How to prepare the Balance Sheet
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All views expressed on my channel are mine alone. Not intended as financial or professional advice

[@arturopena9470]

Just... WOW. I´m about to turn 40 and almost 17 years of career and NEVER been explained BS as easily as you. Congrats and thank you Bill!

[@TheFinancialController]

Glad you liked it!

[@anchuuur]

This account is so useful. Very understandable and thank you for this!

[@TheFinancialController]

You're very welcome!

[@marianag8043]

Your videos are clear and helpful!

[@abhayakrishna1456]

One must follow his channel if in the finance stream. Very eminent content.

[@fillsgarage]

Great video. Thank you for the great insight

[@awatifbelbouhali9553]

Very interesting videos, thanks so much

[@annumehta3203]

Ohhh God. You're so good at this. I've learned alot and in easy way. Please do some teaching on IFRS if possible

[@TheFinancialController]

Thanks Annu!

[@mikesmacedo]

Your significant other / roommate must wonder why TF you have an easel in the living room. Hahah love it ! Keep it up.

[@TheFinancialController]

Yes except the hand writing on the pages belong to my significant other 😂

[@mikesmacedo]

@@TheFinancialController hahaha thats hilarious man. Would be awesome to see a Change in Shareholder's Equity Statement as well. Those can be confusing sometimes with convertible debs, private placements, shelves, etc. Thanks man!

[@TheFinancialController]

👌 sure

[@josrui1948]

THANK YOU SO MUCH FOR THIS CHANELLL ❤️

[@rohitdikshit9742]

Thank you so much. such a good knowledge about statement

[@TheFinancialController]

My pleasure

[@MC-hj5du]

Great video, keep up the content!

[@TheFinancialController]

Thanks 🙏

[@tisighedivine8701]

Great!!!

[@dejib.3930]

Beautiful.

[@yvibhor03]

Nice video. 👍

[@abhishekhinge3392]

Big fan of your content👍🏻

[@TheFinancialController]

I appreciate that!

[@yaqoubsaadeh9676]

Good explain , keep on !

[@TheFinancialController]

Thanks a lot!

[@abdelhadiredouane4973]

My teacher again thanks 🤗

[@TheFinancialController]

Always welcome!

[@energiaspositivasconangyor5907]

Gracias!!!

[@sangeetshrestha8162]

Thx for the video bill Hanna. Ur video is really understandable. If possible can you make a video for cash flow statement please thx again .

[@yassers5970]

My new hero 🙌🏼

[@TheFinancialController]

Thanks Yasser!

[@raidenx3x]

Thank you so much for your videos! would you be able to make one video regarding how the B/S connects to GAAP?

[@TheFinancialController]

Sure thing!

[@sharingq2603]

Terimakasih Pak

[@sxrpmoon5456]

very nice

[@yashkulshrestha4931]

Thank you so much for this one pal!👍

[@TheFinancialController]

My pleasure!

[@shubhneet27kaur65]

Thanks bro🐣❣️

[@TheFinancialController]

You are welcome

[@yennymesa4870]

Thank you churro

[@HM-it1ke]

Thanks for the knowledge. Appreciate this. Need a favour from u - make a content like this for income statement and cash flow statement 😬

[@TheFinancialController]

Sure :)

[@suzy5166]

I wish you were my teacher 😍

[@TheFinancialController]

I am!

[@robertjohannes4659]

I just discovered your channel this week. My interest is not as an aspiring accountant or small business owner. I want to have the ability to read (Forms) 10Q/10K in the process of exercising due diligence (i.e. fundamental analysis), After purchasing books written by Benjamin Graham I found-out they were "over-my head". This presentation (video) is one of a few I find to meet me where I am (beginner/new to this subject matter) thus; I think I'm (actually) learning what you are teaching :-) Thank you.

[@TheFinancialController]

Thanks for your comment Robert!

[@dhamukarthi5735]

Please can you explain how to easily calculate wip in garment sector.

[@elishaghorpade2045]

Sir please help with Retaining earnings, when it comes in picture, how it’s calculated

[@bliss45]

RE=BP+Net Income (or Loss)−C−S
where:
BP=Beginning Period RE
C=Cash dividends
S=Stock dividends
​

[@lenniebautista742]

Your vlogs are very informative, helpful, and easy to understand. Good for non-accountants and more so for accountants. Please keep it up. Appreciate if you can do vlogs on property bank loan computation as long term liability and how the interest, principal will be shown in BS and P & L. Also for Fund management. Thank you very much.

[@mitchell9345]

he been hittin the gym no cap

[@Marsx93]

Hi bill
I have a question about preparing financial statements
I want to solve it together
If you please
Because I couldn't solve it on my own
Thanks

[@2409prince]

Thanks for the videos. They are educational, and informative.
Just wondering if you have made videos on
1.Mapping the accounts while changing an accounting software
2.What should be the part of COGS, operating and non-operating expenses. Basically, how you design an income statement.
Thank you for the good work, keep it up!!
God bless you!

[@TheFinancialController]

Great ideas, ok!

[@yvibhor03]

Can we get in depth video on statements of shareholders' equity?

[@TheFinancialController]

Sure

[@lenniebautista742]

Yes, this one too the complicated Owner's Equity with RE and Dividend for Shareholders.

[@diego77b]

Link to the video of Crypto. Thanks

[@Marsx93]

First one 😅

[@varunsathuluri4949]

I have bachelors degree in accounting from india.Now i want to study in Ms in accounting in USA .I want to know whether CPA or learning programming languages with analytics Have more market value in terms of job.

[@TheFinancialController]

CPA

[@anuragverma4767]

Hello..I am from India..Can u guide me what certification I do to get job in outside India.
I am working in India as Sr.Executive Accounts

[@marvelouss719]

You speak really fast; therefore, I have concluded English is NOT your first language. English decibels are very slow compared to other languages such as Spanish and Portuguese

[@marvelouss719]

I am hopeful Crypto currency will go away completely. I don't see anything successfully competing with the current medium of exchange. Moreover, we have not collectively agreed that our current medium of exchange is NOT working. effectively.