The CASH FLOW STATEMENT for BEGINNERS
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- เผยแพร่เมื่อ 8 มิ.ย. 2024
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The 'Cash Flow Statement', or 'Statement of Cash Flows' is one of the three major Financial Statements, along with the Income Statement and the Balance Sheet. In this tutorial, you'll learn what a Cash Flow Statement is and I'll show you how to build one using the Indirect Method.
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⏱️TIMESTAMPS
00:00 - Intro
00:06 - Cash Flow Statement Definition
00:18 - Why do we need a Cash Flow Statement?
02:15 - What is a Cash Flow Statement?
03:45 - Direct Method Cash Flow Statement
05:00 - Indirect Method Cash Flow Statement
06:38 - How to make a Cash Flow Statement (Indirect Method)
08:07 - What are we reconciling?
08:43 - Cash Flow from Operating Activities
12:33 - Cash Flow from Investing Activities
13:36 - Cash Flow from Financing Activities
🔗VIDEO LINKS
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▪ Cash Flow Statement → • The CASH FLOW STATEMEN...
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If you'd like to skip to a section...
⏱️TIMESTAMPS
00:00 - Intro
00:06 - Cash Flow Statement Definition
00:18 - Why do we need a Cash Flow Statement?
02:15 - What is a Cash Flow Statement?
03:45 - Direct Method Cash Flow Statement
05:00 - Indirect Method Cash Flow Statement
06:38 - How to make a Cash Flow Statement (Indirect Method)
08:07 - What are we reconciling?
08:43 - Cash Flow from Operating Activities
12:33 - Cash Flow from Investing Activities
13:36 - Cash Flow from Financing Activities
You are amazing, congrats
I am lil bit confused about the operating activities part.. As everyone knows that if account payables increases that means the cash increases therefore at this point we add the increase account payalbes and it is the same way arround if a/p decreases, cash will be deducted too..
But what i noticed is that not all of the current liabilities decreased only account payable decreased whereas the rest of current liabilities increased ( tax payable, accrued expenses, deferred revenue),, so why did you total all of them together??
Please answer me this so confusing
Thank you for mapping out the time stamps!
How this is wonderful tasks Please do financial management course fo MBA students because teaching is your gift .
I have been a CPA in the US for the last 28 going on 29 years. I have taught accounting at both the university (undergraduate and graduate) and community collage level for the last 25 years. This is the most comprehensive and clearly stated lecture I have ever witnessed. I am almost embarrassed to say, better than any that I have myself presented in a class room.
Well studying for the CPA exam, I wish I had this 29 years ago. It would definitely helped. Well done.
Thanks, it means a lot!
takes some fortitude to admit that so respect to you for that
I feel this kind of highlights a big issue within our education system. There are endless videos put together so intuitively and masterfully just for simple TH-cam videos that are 100000x easier to understand and digest than some instructor reading off boring slides in a monotone voice. This is nuts to me how unrefined academic education is
crazy how im paying 20 grand a year for an education and instead watching your free videos online
This tutorial is extremely helpful. I think now that I've found your channel, I should be able to learn what I need to help me pass my financial management class. Thank you so much for putting this information out there. On-line classes are hard to grasp, especially when there are no lectures. It's nice to be able to turn to You Tube for help with my classes. Thank you so much!
Hey Teresa, no problem at all. Hope your studies are going well!
I am exactly on the same boat. Currently taking an online MBA with UMGC. Currently on Financial Decision Making (second class). Only three Zoom classes every semester and I have to pretty much figure everything out on my own. This channel has helped me tremendously.
i cannot begin to express my gratitude to this channel!!!!!! i have learned so much more from your videos than i have from my textbook. seriously, you are such a fantastic teacher and i appreciate all of the effort put into every video!! could not have learned accounting without you
I learned a lot from this tutorial. It really saved me a lot of reading hours from our textbook. Thank you!
I am studying to become a bookkeeper and understanding cash flows statements is one of the most challenging topics for me. James did a great job in explaining of how to deal with a gain or a loss on the sale of office equipment, furniture.
I just bought your "All in one cheat sheet & practice question bundle." My man, you are heaven sent! Thank you!
Thanks for your support! All the best :)
You're the teacher everyone needs. So thankful!
I can't even put into words how helpful this tutorial is. Thanks so much!
You're most welcome :)
Reiko You nice keep going!!! #army😂💜
I've been waiting for this video for months. Thanks again.
No worries, hope it helped!
These presentations are down to earth, simple to understand. I love the way the explanations are done
The presenter has made complex concepts amazingly simple and clear. Thank you so much!
I am a CPA and I can say that you explain everything so nicely. Do a lesson on deferred taxation
Cheers for your request!
Damn, that request could at least have a "Please".
Once again, you're an absolute legend. The best accounting teacher, period.
Hands down, the best channel to learn accounting!
Thanks, it means a lot!
Thank you thank you! I wish my university can teach like you! Theory, explanation, and examples! Clear, organised, and even aesthetic! Pray I pass my Finance and Accounting modules!
Am with you on this one
Did you pass?
Please make a video on MONTH - END REPORTS of accounting ....your videos are very productive..thank you james
Thanks for your request!
Absolutely great, i couldn't get through my financial reporting module without your help. Thanks!
Why does your video come out wherever my class goes?
Thank you,these really helped cuz I have an exam tommorrow💕
this playlist is the only thing helping me pass this semester
big ups man!
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.
Best channels for accounting
Accounting stuff
MM Cambridge Accounting
Accounting lecture
You 3 are save our life.
Thanks! Hope your studies are going well
This might be the single greatest channel on youtube...
That's kind of you to say!
This has really helped me to understand Cash Flow Statements. Thanks so much for making this content!
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
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.
Man i am curently doing my MBA and this info is very vital. Thanks for putting this together. I dont have any finance or accounting experience and i need to read a 594 paged book to work on an assignment. This is a life saver. Thanks!!!!!!
No worries! Hope your MBA is going well :)
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 😊
Great!...absolutely good job at providing simple but comprehensive explanation of the material....thanks
Thanks buddy :)
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
This is by far the simplest tutorial I have watched on this topic, and the video was just fun to watch
Thanks Doris, hope it helped!
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.
Best presentation so far on cashflow statement. Thank you
Really, but really good job. The material well structured and presented in nice way. It is pleasure to learn from you.
I am taking an accounting course right now and you dont believe how much this helped out definitely will watch more of your content
This video is incredibly helpful. The statement of cash flows has always been my weak spot on exams. After reviewing this a few times it seems not so much a weak spot anymore. It is incredibly helpful how he is able to state things simply and grow them. I prefer this way of remembering things because when I go to take an exam as long as I can remember where to start, I can remember everything that follows.
Great to hear it's making sense :)
Thank you so much. Been having a hard time grasping this topic. You explanation made it so easy!
Loved this tutorial, extremely helpful!
Wow, this is amazing. THANK YOU!!! It makes so much more sense now.
Can’t begin to thank you enough brother ❤️
This video is amazing
I just smiled when they reconciled.
Doing a cpa 1 exam in December and this is really helpful
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...
Awesome work! Thank you for making this video.
For last 4 days I've been non stop watching the entire accounting playlist, taking notes, and studying all the info!!!! I am an independent artist that is trying to learn and understand everything that will help me grow in this day and age with tons of tech, and free resources at our finger tips I know learning about money would be a key skill to know and understand, and I happen to come across your page, it was like a gift from god!! All the your videos were perfectly organized in your accounting playlist, and I was absolutely blown away, you teach accounting so well, I understood everything and your examples made it 10x easier!! The video quality never changed since the first video!! You absolutely know what you are doing when you make a video, the editing is great and the visuals always keeps me interested. Once I can scrape up any money, I'm gonna to try and buy your whole pack of cheat sheets, money is really tight but those are all absolute gems!! you are a gift that keeps on giving!!! I worked hard, having sleepless night just learning and studying your videos!! I will forever support you and hoping in the future you could be my accountant, jk, ha!!! cant wait for your new video full of gems!! Please Keep doing what your doing and thank you sooo much James!!! you've truly changed my life!!!
Thanks for your kind words! There's no need to buy my cheat sheets, especially if money is tight. I'm happy if you're learning!
wow! your comment is amazing !!
@@elizavetasuvorova5521 thank you, I am just very serious about my future and have been working hard everyday!! I 10/10 recommended these accounting videos!! Each video I felt like I learn and understood more and more! James does a great job teaching!!!
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
Could you please make a video series about how to apply it in real business
Thanks for your request!
This video is so helpful. Thank you so much!
In case u're thinking about giving up, there's still people like me viewing and loving this, thank you!
Wow, I have been so engaged lately with your videos! They really make life much easier when you are having trouble following the lectures at uni, I can simply say wow man, really great work
Thanks I'm glad you're enjoying them. Best of luck at uni!
Bro, your thumbnail images on all your videos is one of the reasons why I watch it. Ik it’s about to get interesting.
Thanks Jarir! They take me a while to put together so I'm happy you like them
Ur a lifesaver, my lecturer or tutor could not explain it as well as u have done!
Thanks for posting. I appreciate your videos. They're very helpful.
Thank you for this amazing video. Really helpful and easy to understand.
Thank you Sir for explaining things so easily
I am happy that finally I got it - Thank you
Good to have you back James.
Cheers Mosi!
Thank you for this amazing guidance!
Good to see you back again. Please keep these videos coming.
Thanks, will do!
Plain and easy to follow clear and well explainef
i love you, you make it seem so simple and you are really helping here
Thanks for making this video, it's easy to understand and very helpful
Cheers Paola :)
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!
Thank you posting this video...Very Helpful..Thanks Again
Where were you when I was getting slammed in accounting during grad school??! This is WAAAAAY more simplistic to understand!
Well explained. Thank you for teaching.
Glad it was helpful!
Your videos are so good & fun to watch mate. One of your videos helped me to crack an interview & I've been offered a well paying job now. Thanks to you my friend ☺️ God bless you 😊
Congrats Krishna!! That's awesome news :)
This is awsome.Well explained Tutorial.Very informative
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 😅
Wow thank you so much. This tutorial has been very helpful
Thanks for helping and explaining these concepts.🙂
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 😅
This helps me a lot. Thank you! ❤️❤️
This video was so beneficial for me - I couldn’t get my head around the cash flow statement but now it seems so simple!!!
Thanks a million!
Great to hear it's clicking for you!
Wanted to drop a comment on behalf of all those who view the video and move on. Your lessons are extremely helpful and informal and I want to praise you for the videos, you have helped me beyond words. Keep it up.
Thanks, great to hear you're finding the channel useful. All the best :)
This video is extremely helpful and well explained..........👍
You are a gifted teacher. Awesome
Thank you!
Bro you are next level at making all that easy!
Thank you very much! Your tutorials are clearly articulated and easy to understand. Loved it!
Glad you like them!
Brilliant! Keeping track of the CCE that come in and out of your business is important, but can be quite confusing when handled improperly. Your methods are very easy to follow. This video is simply a much watch for beginners!
Glad you enjoyed it :)
Wow, This is Awesome, it was completely helpful, l have finally find a good teacher 😊
Thanks so much this is magnificent am really following the lessons and they te very beneficial.
Thank you so much ! As a visual learner this helps mem out tremendously
Very well explained 👍Thankyou so much!
Thank you so much for the video, found it really informative and surely gonna help big time!
You're a legend!
Thank you so much!
amazing I never understood all of this until I discovered your channel now accounting is so much fun. well done👍👍👍👍
Thank you so much for your videos!
So good !! Perfect
Thanks!!
Super video, you speak at a good speed, and it's well explained
This tutorial is really great!
Good presentation, easy to understand..
You are very good with explaining.
Thank you!
Thanks, glad you enjoyed the video :)
THIS IS REALLY HELPFUL, THANKS SO MUCH JAMES.
No worries, glad to hear it!
You are doing a great Job bro.
thank you - awesome and detailed
Really grateful that i found this, thank you for your efforts and approach.
You're very welcome :)
Hey James when are you going to make managerial/management accounting videos? I bet a lot of students would get a lot out of them! Thanks for all of the awesome videos though keep it up!
I'd love to eventually!
Which country are you from ? There is also have commerce student ?? I'm from India
for sure I appreciate this tutorial it has helped me a lot