Accounting is very important in the life of everyone who want to have control over their finance. It is a systematic process of identifying, recording, measuring, classifying, verifying, summarizing, interpreting and communicating financial information. It reveals profit or loss for a given period, and the value and nature of a firm's assets, liabilities and owners' equity.
Accounting is really helpful because with a good knowledge of it you can really be in charge of your finance, knowing the inflow of profit and cash outflow
The forex market looks pretty easy but in reality its not, in fact the Demo accounts are programmed to make you feel you are doing good but when you start investing for real you will find out out is a complicated market
You actually explained everything seamlessly and related every accounting principle to a real world, practical use! You didn't just regurgitate definitions and equations, you truly helped me understand how to apply the knowledge. SADLY, SO MANY COLLEGES AND UNIVERSITIES DO NOT TEACH THIS WAY! And this is honestly why so many students graduate and don't have the skills needed. Some are lazy but for the rest of us, we just don't get professors like you that actually teach one how to fish? For every one of you there are like 1000 just mumbling and bell curving their way through the semester. THANK YOU PROFESSOR KARIN COLQUITT! SERIOUSLY! :)
ive been watching a few college lectures (im in 8th and i really enjoy math and want to do something with business/accounting) and this by far is the best college lecture ive seen. i wish there were more teachers who teach with this method
This professor is giving me a $3800 class lecture that I don’t get in my master accounting class. I have to come to TH-cam to get this education. What a shame that these students don’t take advantage of it!
Just me or someone else also got this randomly recommended 😃👍🏻 * 2years later and I got this vid recommended again, will go through the entire video this time 🥳👍🏻
Yeah, my accounting teacher was clueless as well, and sadly he also was the teacher for my math class. Because it was a small class of like 20 students, he decided it was ok not to teach (yeah screw him). I studied well and ended up getting a B in Accounting and an A in math (I had to spend so much money on a Math tutor though). But yeah, bad teachers sucks but its a good thing TH-cam exists haha.
Her delivery was outstanding! I took accounting my last year in college and the instructor sat at her desk most of the time, taught with powerpoints and made us read the book by ourselves. The info really didn't stick because the instructor wasn't enthusiastic or actively engaged. Thanks for posting 😍 I know I will run successful businesses in the near future. I have faith that all those whom are watching will be successful in their endeavors. 👌🏾
Such an awesome teacher because she explains the big picture first and then explains how everything fits together. Very clear when she provides detail in how the steps link together.
Accounting is the process by which financial information about a business, organization or individual is recorded, classified, summarized, interpreted and communicated. Drawing from fields such as information technology, law, statistics, business and economics, accounting is a multidisciplinary subject that focuses on an organization or individual’s economic activities. 😍😍😍
This professor is awesome. She very thorough and explain the accounting concepts at a basic level where anyone can understand. How come my professor's wasn't like this?
The young man in the front watching cartoons or whatever it is is really going to be a credit to the firm that hires him. I hope he becomes self employed!
Maybe he already knows this? I did the same thing with some of my introduction classes because I have watched some lectures online beforehand, but it doesn't mean I didn't study hard throughout the year as a whole.
Thank you so much for your videos ! They're awesome - I actually listen to them at work, and you're the only series I've found who makes accounting courses enjoyable to listen to : )
Can I get a WOW for this lecturer? 💕 I like her delivery of how she explained the concepts. I was engaged throughout the entire video and understand fully. FYI - I am not an accounting student, but works in an accounting dpt w/ a B.S. Degree in Healthcare Management.
Never done accounting in my high school years and now I'm doing it as a subject in my Bcom law. Everything is new to me and hoping to learn more from you Professor.
By far the best accounting lecture ive watched. She's very knowledgeable and it makes us students understandnit better. Ohh how i wish i have a prof like her I'd probably excel in my studies. Unlike my prof's lectures here in the Philippines, her lectures are a million times better because i can clearly understand everything. Thanks for uploading this vid! Hope there's a lot of vids like these
Wooow I absolutely LOVE this video. I have never been so captivated by a lecture before. Even though it’s “basics” of accounting I find this quite interesting and will seriously consider majoring in accounting. Thank so much! 😆😁
I used to teach accounting and business classes as general! I got this professor "supper master" easy to deliver and following sequence of action which is 😳 what accounting is
wonderful presentation Prof.I have benefitted alot from your lessons.Very explicit accounting Lessons for begginners like me.Thanks so much.U deserve you title n am proud it is coming from a lady.
The equity is the the profits that is coming into the business and it should stay in the business.Accounting is very important in a business. The owner will get somebody to control his or her business systematically.Nice explanations. We enter into business because we need the companies to gets more revenues for the business.professor you are teaching like my former collage professor. She explained exactly like you. I am enjoying your teaching this midnight like I am in classroom. The expenses is what you are spending out from the company or the business.Then you calculate each expense you took from the profits of the business. Bravo to you professor. God blessed you. I know liabilities is.......
An amazing class. it could n't be better. She is very articulate, explained in a way that anyone will understand and become master within 40 min of class. Please post more videos on accounts and finance. Thanks
how can this beautiful professor teach the most tedious subject on the planet and make it so interesting?!!! thank you so much I really needed to learn basic ACC for my work
Dear Ma’am- I took notes and looked for more videos on accounting. Not a numbers person, but if I had a lecturer like you, I would probably be an accountant. You are wonderful! Please excuse that rude student who does not appreciate your knowledge. Not everyone can afford higher education. Shame on him! Thank you for your dedication.
kudos to the guy/or and girl who recorded this in high quality. He/she/they must have sympathy to understand our pain. TH-cam has the best lesson videos better than the paid sites.
@KarenColquitt by far this video has been the best. She explains as my Professors used to explain back in my best school days. I learned and understood more of the accounting concepts watching her with 45 min video than trying to watch TH-camrs videos with irrelevant information. Thanks and I wished she would have a full beginners class on video.
Wow Very clear lecture she is amazing talented lecture even talk a look she don't have any short note paper on her hands, by the way most of our country lecturers very talented like her .
perfect explanation professor. In accounting. it explains how accounting. assists. in the effectiveness use of scarce Resource Accounting provides reliable relevant timely information to Managers investors. creditors and more investors . Mamfor people to understand more what you are trying to explains to us about that topic. Revenue will always bring profit to the company or organisations. The second levels of Bridge between levels 1and the 10 elements is the major components of reports. They are Assets, liabilities Equity means the dividend, stake holders , Retain Earning investments by owners. distributions to owners comprehensive income Revenue expenses gain and loses. See the equvalitative characteristics they are many quantities relevance. This is my own explanation of the statement of cash flow is when the money comes in and how it flow or how you will spend it there are three components of cash flow statement they are operational activities , financial activities and investment activities. I know when those two account don't have the same total something wrong in your journal or your additions you will not gets the different figure or numbers for your net income.When the two account has the same figure or answers you can know that you do the right additions properly.Let me define my operational activities is a regular activities of the business like a companies selling item like goods so the money that the company receive are for sales. Revenue is consider as operational activities . It all depends how the nature or business Is Financial Activities is how it is related to the financial support. The business gets and the payment forget that support. professor that a sound teaching to recall on what i learned long time thanks so much mam
I learnt accounting and manga at the same time
Hii
Felipe Bettancourt
😂😂😂😂😂😂
Because that lecture is boring af
Felipe Bettancourt level = asian
lol
Same here bro! 😂
Accounting is very important in the life of everyone who want to have control over their finance. It is a systematic process of identifying, recording, measuring, classifying, verifying, summarizing, interpreting and communicating financial information. It reveals profit or loss for a given period, and the value and nature of a firm's assets, liabilities and owners' equity.
Accounting is really helpful because with a good knowledge of it you can really be in charge of your finance, knowing the inflow of profit and cash outflow
I tried investing into the forex market all by myself sometime and i ended up regretting it
Stacy Bob WHY?
Olive Jess Because i ended up losing a lot of money and that really affected me financially
The forex market looks pretty easy but in reality its not, in fact the Demo accounts are programmed to make you feel you are doing good but when you start investing for real you will find out out is a complicated market
The best thing is that she is so clear when she talks, puts the accent on things that matter
You are very nice
th-cam.com/video/RcYbWJAyLOM/w-d-xo.html
th-cam.com/video/CZvciBSPQRM/w-d-xo.html
Hahahaha 'puts the accent'
Ikr
@@alyzak.8997 "tawkin"
The guy on the laptop is reading " Full Metal Alchemist," manga....
ikr lol
HAHA
Their parents paid heaps of money to attend uni, just to read manga in class, smart guy
Phillup DeGraves 😂
Honestly mood
You actually explained everything seamlessly and related every accounting principle to a real world, practical use! You didn't just regurgitate definitions and equations, you truly helped me understand how to apply the knowledge. SADLY, SO MANY COLLEGES AND UNIVERSITIES DO NOT TEACH THIS WAY! And this is honestly why so many students graduate and don't have the skills needed. Some are lazy but for the rest of us, we just don't get professors like you that actually teach one how to fish? For every one of you there are like 1000 just mumbling and bell curving their way through the semester. THANK YOU PROFESSOR KARIN COLQUITT! SERIOUSLY! :)
ive been watching a few college lectures (im in 8th and i really enjoy math and want to do something with business/accounting) and this by far is the best college lecture ive seen. i wish there were more teachers who teach with this method
This professor is giving me a $3800 class lecture that I don’t get in my master accounting class. I have to come to TH-cam to get this education. What a shame that these students don’t take advantage of it!
it really true
lanster37 Assault anyone that looks weak and has a puberty beard.
lanster37 jccc accounting
3800 dollars for one subject or the whole program ?
th-cam.com/video/OUV1UcPM__c/w-d-xo.html
You are in a master accounting class and don’t know first year lecture content?
Just me or someone else also got this randomly recommended 😃👍🏻
* 2years later and I got this vid recommended again, will go through the entire video this time 🥳👍🏻
Same here...don't know why!!!
Haha recently got it in my feed and here I am reading your comment. 😎
Me lol
I searched for it, I'm in trouble right now 😑
@@sneeakybeakylike oh no! Good luck!
If I've had an EXCELLENT TEACHER WITH CRYSTAL CLEAR DEFINITION like this, I wouldn't have flunked my account studies..! 👏👏👏
Yeah, my accounting teacher was clueless as well, and sadly he also was the teacher for my math class. Because it was a small class of like 20 students, he decided it was ok not to teach (yeah screw him).
I studied well and ended up getting a B in Accounting and an A in math (I had to spend so much money on a Math tutor though).
But yeah, bad teachers sucks but its a good thing TH-cam exists haha.
She is one with CRYSTAL CLEAR DEFINITION.
@Muhammed which school did you attend?
th-cam.com/video/RcYbWJAyLOM/w-d-xo.html
Her delivery was outstanding! I took accounting my last year in college and the instructor sat at her desk most of the time, taught with powerpoints and made us read the book by ourselves. The info really didn't stick because the instructor wasn't enthusiastic or actively engaged. Thanks for posting 😍 I know I will run successful businesses in the near future. I have faith that all those whom are watching will be successful in their endeavors. 👌🏾
Such an awesome teacher because she explains the big picture first and then explains how everything fits together. Very clear when she provides detail in how the steps link together.
Accounting is the process by which financial information about a business, organization or individual is recorded, classified, summarized, interpreted and communicated. Drawing from fields such as information technology, law, statistics, business and economics, accounting is a multidisciplinary subject that focuses on an organization or individual’s economic activities. 😍😍😍
I'm not even taking an accounting class but yet I would watch this for leisure
This proffessor is excellent. Since I have come to America, I have never seen a proffessor that teaches so good.
Thanks proffessor
This professor is awesome. She very thorough and explain the accounting concepts at a basic level where anyone can understand. How come my professor's wasn't like this?
The young man in the front watching cartoons or whatever it is is really going to be a credit to the firm that hires him. I hope he becomes self employed!
I know this video is five years old but the professor is remarkable. She clearly explains what she’s teaching and gives great examples.
Is accounting mainly about memorization?
@@user-qy6tu9ip9v yes, and it will be automated soon.
Dude with the laptop flushing his tuition fees down the toilet...
Surely his tuition is paid by his ¨papi¨
Does he know the class is being recorded ?
Maybe he already knows this? I did the same thing with some of my introduction classes because I have watched some lectures online beforehand, but it doesn't mean I didn't study hard throughout the year as a whole.
@@TypicalRussianGuy These are exactly my thoughts. Chances are he already knows the material and is just doing something to keep himself awake.
It accounting 101 so it could be gen ed class and he might be studying science
Thank you so much for your videos ! They're awesome - I actually listen to them at work, and you're the only series I've found who makes accounting courses enjoyable to listen to : )
Constance Crawford is a Professor of Accounting. The best Professor! Thank you!
Can I get a WOW for this lecturer? 💕 I like her delivery of how she explained the concepts. I was engaged throughout the entire video and understand fully. FYI - I am not an accounting student, but works in an accounting dpt w/ a B.S. Degree in Healthcare Management.
Can you share your number i am also a commerce student
@@utsavkumar2554 chutiya hai kya be
@@satyaprakashchauhan3948 Are bhai bhai :D
Hello
@@satyaprakashchauhan3948 tu lodu hai kya be
Hello, I wish you could upload more of the accounting lectures. Great content and nice presentation. Keep it up.
Never done accounting in my high school years and now I'm doing it as a subject in my Bcom law. Everything is new to me and hoping to learn more from you Professor.
Very clear and enjoyable. Makes you like accounting. Thank you so much Professor!
By far the best accounting lecture ive watched. She's very knowledgeable and it makes us students understandnit better. Ohh how i wish i have a prof like her I'd probably excel in my studies. Unlike my prof's lectures here in the Philippines, her lectures are a million times better because i can clearly understand everything. Thanks for uploading this vid! Hope there's a lot of vids like these
That Asian guy dude sitting in the front lasted about a whole 45 seconds until he got bored and started reading manga for pretty much the entire time.
+Saram Hanif then he A's the test
give him credit, he did take a facebook break or two in there!
HS yeah right. HS teaches nothing practical period!
Yea , He's the guy that goes on to be a CPA because his brain is relaxed ,
Lol, could’ve saved the money spent on this class by clepping it.
This teacher is the best! love the way she analysis the whole thing. Shame for those who not pay attention in the class!
Liked the lecture & way of delivery !!!! :-D
What an awesome lecturer totally understand what she's saying. Speaks so clear and has patience to teach. 👏🏻👏🏻
Accounting is the science of "Counting someone else's money".
Haha
Or it could be counting your own; if you were to open your own business
True
Even equity/capital?
And get paid
Wooow I absolutely LOVE this video. I have never been so captivated by a lecture before. Even though it’s “basics” of accounting I find this quite interesting and will seriously consider majoring in accounting. Thank so much! 😆😁
I wish I had subscribed in my early years. I understand Accounting better now, thank you 👨🏫
Great lecture! I never had such a bright and beautiful professor when I was in college.
Wonderful explanation Ma'm...Thank you so much for an analytical presentation of the subject of Accounting...Dr. Thulasi Krishna K
I used to teach accounting and business classes as general! I got this professor "supper master" easy to deliver and following sequence of action which is 😳 what accounting is
wonderful presentation Prof.I have benefitted alot from your lessons.Very explicit accounting Lessons for begginners like me.Thanks so much.U deserve you title n am proud it is coming from a lady.
Thanks a lot, teacher for the content. She is so clear . she is such a great teacher, she deserved to be recognised.
Before watching this video, I was like Accounting is so difficult until I met a genuine & smart Professor on TH-cam.
Much appreciated dear 😍😍😍
I love this. it's very good. Karin you're great! You make it so simple and not something that seems to be drudgery.
Dang ! You teach good . Usually I don't get the information right away .
A Layman can understand accounts the way you presented. Fortunate some one be in your classes.Simply awesome madam. Hatsoff of your versatility 👌👌👍
Thanks a million for that awesome lecture that made me for the first time to understand the principles of accounting. You are such a great professor
Agreed
Accounting is good but vary boring😭😭😭😭😭😭😭
@@issbmaterialgirls8157 how so? I wanna get into it
@@issbmaterialgirls8157 Is accounting mainly about memorization?
A great professor. Thank you for uploading the video. I'm watching from HCMC, Vietnam.
This is awesome!Thanks so much prof for the simplified way you delivered this lecture. I followed although. Thank you.
Beautiful and highly effective professor, Crystal clear lecture. That dude is too in my eyes and shouldn’t be sitting there.
I like your teaching of this subject. Clear, and not running the board in 20 seconds ... I wish I could take your class ....
This was a good video. Wished you had more of these posted- she’s good
The equity is the the profits that is coming into the business and it should stay in the business.Accounting is very important in a business. The owner will get somebody to control his or her business systematically.Nice explanations. We enter into business because we need the companies to gets more revenues for the business.professor you are teaching like my former collage professor. She explained exactly like you. I am enjoying your teaching this midnight like I am in classroom. The expenses is what you are spending out from the company or the business.Then you calculate each expense you took from the profits of the business. Bravo to you professor. God blessed you. I know liabilities is.......
Karin, you are a true blessing. Seriously, this is better than my masters
Thank madam, I love the happy face and unhappy face teaching way.
Very good professor. Many Accounting professors use PowerPoint slides, but not a board.
An amazing class. it could n't be better. She is very articulate, explained in a way that anyone will understand and become master within 40 min of class. Please post more videos on accounts and finance. Thanks
how can this beautiful professor teach the most tedious subject on the planet and make it so interesting?!!! thank you so much I really needed to learn basic ACC for my work
Dear Ma’am- I took notes and looked for more videos on accounting. Not a numbers person, but if I had a lecturer like you, I would probably be an accountant. You are wonderful! Please excuse that rude student who does not appreciate your knowledge. Not everyone can afford higher education. Shame on him! Thank you for your dedication.
Thank you for this lecture, I desperately needed help in my accounting since I need both credits for my major. Thanks a lot!!! :-)
kudos to the guy/or and girl who recorded this in high quality. He/she/they must have sympathy to understand our pain. TH-cam has the best lesson videos better than the paid sites.
Fantastic introduction to accounting - thank you for this clear explanation that makes accounting fun and enjoyable to understand
Absolutely well done and definitely keep it up!!! 👍👍👍👍👍
Thank you from an Indian with no background in accountancy. The concepts were nicely explained.
i love the way you teach unbelivable please profesor continue from the begning up to ending like this very very very and very clear manner
A very good explanation, concise and straight to the point, Thank you Karin Colquitt
Splendid and great Professor . Really very Invaluable lecture Many Thanks indeed
excelent class english is no my first language and I can undertand everything that she said... and that is Amazing...
@KarenColquitt by far this video has been the best. She explains as my Professors used to explain back in my best school days. I learned and understood more of the accounting concepts watching her with 45 min video than trying to watch TH-camrs videos with irrelevant information. Thanks and I wished she would have a full beginners class on video.
It's really very nice , I'm requesting to u please upload some classes of MBA Finance & HR and many more . Thank u . It's amazing
Thank you, I'm taking accounting 1 in the fall for the first time and your videos are very informative and helpful 😊
Very good and comprehensive lecture! Thank you very much
Thanks for sharing this out with the world , brilliant accounting understanding really learned a lot from your class thank you .
wow this prof is really good at explaining complicated concepts in simple words
Отлично поставленная речь, слушал как занятие на понимание Английского. Заодно узнал новое слово Assets.
That's great lecture totally well explained
I really appreciate this lecture,my regard to you Moomy
Best teacher ever.
This was absolutely informative. Thank you Professor for your teaching in this video. Make more please. Hope you are alright!
Agreed!
wonderful lecture....many concepts related to accounting has been cleared...
Your video is very useful. I wish you to post more into your channel. It make easy self-study of all students in the world. Thank you much.
I love your explanation your students are very lucky that have like you a teacher 🌹👏🏻
Is there anymore more of her videos? This is by far the best accounting class video Ive watched
"And we're gonna also give that a happy face" The very serious woman says as she scowls at her class maintaining her menacing stare. LOL.
I was looking for exactly that, how lucky to find such an excellent teacher
Thank you for your video. It is wonderful you post for those who want to learn.
One of the best introduction seen
we want more videos for this professor
I apprecaited to repeat my lessions, good lectture
I am in the second image for your lecture next to the laptop student. Thank you.
Wow Very clear lecture she is amazing talented lecture even talk a look she don't have any short note paper on her hands, by the way most of our country lecturers very talented like her .
perfect explanation professor. In accounting. it explains how accounting. assists. in the effectiveness use of scarce Resource Accounting provides reliable relevant timely information to Managers investors. creditors and more investors . Mamfor people to understand more what you are trying to explains to us about that topic. Revenue will always bring profit to the company or organisations. The second levels of Bridge between levels 1and the 10 elements is the major components of reports.
They are Assets, liabilities Equity means the dividend, stake holders , Retain Earning investments by owners. distributions to owners comprehensive income Revenue expenses gain and loses. See the equvalitative characteristics they are many quantities relevance. This is my own explanation of the statement of cash flow is when the money comes in and how it flow or how you will spend it there are three components of cash flow statement they are operational activities , financial activities and investment activities. I know when those two account don't have the same total something wrong in your journal or your additions you will not gets the different figure or numbers for your net income.When the two account has the same figure or answers you can know that you do the right additions properly.Let me define my operational activities is a regular activities of the business like a companies selling item like goods so the money that the company receive are for sales. Revenue is consider as operational activities . It all depends how the nature or business Is Financial Activities is how it is related to the financial support. The business gets and the payment forget that support. professor that a sound teaching to recall on what i learned long time thanks so much mam
Beautiful Madam and Beautiful class and Lecture too.
Great Lecturer... more videos please.
Thanks madam I appreciate the class. You have made my day
I like this lecture :)
She is an awesome teacher fantastic explanation given by her
Thank you for this video👍,I gain more knowledge on accounting and learned finance at the same time✨
Karin's lectures has interestingly helped a lot.
i really appreciate the way u elaborate the concept..
She is an excellent teacher...Thank you. Please upload more videos..
Some teachers have it, others don't. This lecture was the X factor for me. Wished there were more.
When a company finance projects with high return using loans we should be happy face because that will make the company grow fast.
Miss Karin your class is very good. I learn lots of accounting with you.
for the teacher and one who shared to us
I LOVE THIS CLASS
VERY GOOD AND. COMPREHENSIVE
LECTURE.
THANK YOU VERY MUCH
GOD BLESS ALL YOU
Really good teacher. Debits add a positive, credits add a negative , they gotta balance