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Wow I've been doing accounting for 5 years now but this was still super useful. Makes a lot of sense and it's not a hassle to use either. Amazing video.
Can I ask, what method were you using before, and were you trained on it? I’m going to be graduating soon and I’m so anxious not knowing what expectations are like in actual accounting jobs yet
You are awesome at this….I am always was able to think on the #3 level and had hard times explaining how I got there to someone operating on level 1 and 2, , whereas you connect all that for me with the proper wording.
Hi Bill. With the Big 4 investing heavily in generative AI like ChatGPT Enterprise, what specific skills do you think accountants should focus on to stay relevant and valuable? Do you see certifications in AI-related fields like prompt engineering making a big difference in accounting careers? Also, how do you think these changes will impact traditional accounting roles in the next few years?
These days system does everything and sometime you come to a point where you don't even have to know any debit and credit but let me tell you guys that having broader concept like this along with modern software will make life much easier. keep learning. Thanks
I have read that Roger has been acquired by Uworld and has since decreased in quality. Makes me sad since I kept hearing great things about Roger and seems like it has been ruined by Uworld, according from what I see on forums like Reddit
Thanks a lot, interesting video! One question; why do you write Cr then Dr? I'm a finance professional & always write Dr then Cr as we were taught like this from the beginning :) Is it in US taught differently? Thanks!
You are correct to write the Dr first then Cr. It just happened during my writing on the whiteboard that I wrote the Cr first, which is not a big deal as long as you label what is Dr and what is Cr
Sir i am Karthik I have joined in a job for book keeping with zero experience and half accounting knowledge I am struggling in training wil you give me some tips to improve
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Yes. That (your level 3 explanation) was how my accounting teacher taught me how to understand the accounting equation, when I first started.
My son is a CPA. I am going to share this "casually" in a. conversation and watch him freak out 🤣
haha, please do!
This has been around for decades already
@@Sharpshooter649 SO WHAT, does NOT mean many of us knew it !
You're a great teacher!
Thanks Lewis!
Wow I've been doing accounting for 5 years now but this was still super useful. Makes a lot of sense and it's not a hassle to use either. Amazing video.
Great to hear!
Can I ask, what method were you using before, and were you trained on it? I’m going to be graduating soon and I’m so anxious not knowing what expectations are like in actual accounting jobs yet
I've learnt a lot of concept of finance by watching videos of this chenel.
Happy to hear that!
It is very interesting to learn English through your channel, to auditors in another country!
You are awesome at this….I am always was able to think on the #3 level and had hard times explaining how I got there to someone operating on level 1 and 2, , whereas you connect all that for me with the proper wording.
You should be a professor 🎉
I have been following you since, I'm now in my second year studying bsc Accounting
Amazing explanation!
Thanks Michael!
Hi Bill. With the Big 4 investing heavily in generative AI like ChatGPT Enterprise, what specific skills do you think accountants should focus on to stay relevant and valuable? Do you see certifications in AI-related fields like prompt engineering making a big difference in accounting careers? Also, how do you think these changes will impact traditional accounting roles in the next few years?
Bill better than all my university teachers. Thanks!
Haha, thank you
Thanks buddy this is going to help me through my college classes
Thanks for explaining it in an easy way 😊
My pleasure 😊
These days system does everything and sometime you come to a point where you don't even have to know any debit and credit but let me tell you guys that having broader concept like this along with modern software will make life much easier. keep learning. Thanks
Agreed!
Brilliant! Thank you for sharing your valuable knowledge and insight. Really appreciate!
Glad you enjoyed it!
Well said. Great explanation 💡
I have read that Roger has been acquired by Uworld and has since decreased in quality. Makes me sad since I kept hearing great things about Roger and seems like it has been ruined by Uworld, according from what I see on forums like Reddit
We always asked this question to our accounting candidates. What is the basic equation of accounting. And only a few can answer. Haha.
Very good explanation sir
Thank you for sharing!
My pleasure!
Thank you. so simple.
Glad it was helpful!
Very useful, thank you.❤
Professor may start the finance course from scratch as well.
Plz
Thak you sir
Very good 👍🏼
Thanks
Awesome info.
Thanks a lot, interesting video! One question; why do you write Cr then Dr? I'm a finance professional & always write Dr then Cr as we were taught like this from the beginning :) Is it in US taught differently? Thanks!
You are correct to write the Dr first then Cr. It just happened during my writing on the whiteboard that I wrote the Cr first, which is not a big deal as long as you label what is Dr and what is Cr
Good work.
You are the best..👍
Sir i am Karthik I have joined in a job for book keeping with zero experience and half accounting knowledge I am struggling in training wil you give me some tips to improve
I want to apply for a finance manager position but I have a problem with my cover letter can you please help me