One day late... sorry guys! This one was a beast to edit. In the next video, I'll cover how to work out Cash Flow from Operations from the Income Statement & Balance Sheet using the examples discussed in this one. Stay tuned :)
@@ikekeonwu Hey mate, sorry I can't actually remember. It was from the TH-cam Free Music Audio Library and they didn't require a credit so I never wrote down the name
Also...congrats on your hard work! I know it's hard to make something so complex sound so easy, and to use a common language that everybody can understand! All the best and congratulations for making these "glorious mistakes" as Neil Gaiman called them: to move to a different country (without a job at that time) and to start something new, unfamiliar, but with great potential. It's also my story! :) Hugs from Berlin :)
I was working on my assignment on Cash flow methods, based on what my instructor taught, just couldn't wrap my head around, the operating activities difference in both methods. By watching these two videos for half an hour, my these concepts are crystal clear. Thanks James!
Hey James! I'm a first-year accounting major at my university here, and your videos have been amazing for reviewing and learning more about the content I learn in class. Keep up the great work!
No one explains accounting terms and principles as simply and as clearly as you so that even someone with non-accounting background like me can understand. Thank you so much
Should we watch your videos in any particular order? I saw the first video and immediately bought the entire cheat sheet collection. The sheets are brilliant. Each one works as a mind map and corresponds to a video in your series. I am attempting to catch up in an entry-level accounting class. Thanks again for the engaging and entertaining series.
Yo! James, I gotta say, you are really really really really really good at not only making accounting interesting and easier to understand but also just making videos generally! like I can literally play your videos while I brush my teeth and I'll still be attentive and pulled in! Keep going dawg you're a hero to Accounting students.
Great video. I studied Accounting 8 years ago and I forgot almost everything lol. I am going to gad school for my MBA and having a project due on Dec 2020. Your videos help me a lot to review and study accounting. Thank you!
Holy Crap James. I've watched this video at least 6 times, and I think I finally got it! Whoosh. My head hurts.... But it's a good hurt. Thanks again. I can't wait for the next video.....p.s. Before these videos, I wouldn't have gotten the ''It's accrual world'', thing on the mug..... I laughed out loud when you said it, and that made me feel pretty darn good! Cheers! Joanna
Haha, I'm glad you managed to work it out! Cash Flow can sure be tough. On Monday I'm uploading another video on the Direct Method that gets into more detail so you might find that one useful as well. It's Accrual World is a classic! All the best 👍
I love you. seriously this content is amazing. I could see you doing an online course and i would invest in it. You make the content so digestible and i am so grateful for it. People like you offer value to others and its so cool. I don't know how much money you are making on you tube but i hope you are doing well. because i want to see you grow and continue to make amazing content. Thank you man.
The hardest topic for me to understand so far. But you did an excellent job of explaining difficult concepts in very simple terms. So yes, I understand the cashflow statement very well after watching your videos. Thank you so much
Thank you so much for these videos. I just watched your P&L, Balance Sheet, and Cash Flow Statement videos and they are so well made and simple to follow!
Guys the less we can do to James to repay back his amazing work is to spread his videos in all social media. Let help him to reach millions of subscribers.
Your videos are so dramatic it makes accounting an even more interesting amd powerful skill. Every Acc Lessons you upload is like cracking another mysterious case.
It is truly useful and eye-catching at the same time! I have watched the video from the beginning till the very end without feeling bored. It's awesome. Thank you for making such a great video!
I am so grateful for your videos! I hit a wall when I got to cash flow statements, and your video got me over it! I am going to watch all your videos to help cement the information I am learning through my accounting course.
James 🙏am Deng a new subscriber I didn't know about ur youtube channel all along .I have suffered a lot studying in a foreign country where lectures re in Arabic bt now I have found a helper n accounting wizard I can't breathe .Thank you so much for what uh re doing 🙏❤️its my first day on this channel and I already love it💯💕
My accounting lecturer loves refering us to you when we get stuck. Don't know where we would be without your channel. Also absolutely love seeing a fellow potterhead😅
thanks so much for these videos.. i'm about to start an accounting course after working in a mid size business with commercial and finance teams for just under 2 years. i've got no "on paper" experience in accounting but these videos have made me realise i already have exposure to a lot of the main concepts.. so good start!!
Dude... THANK YOU!! Like so many people, I've been having trouble with the Statement of CF. You explain this and everything else so clearly and you even make it fun and enjoyable to watch. Swear... Best. TH-cam Channel. Ever.
Thousand of thanks should i give to u, such a good video and it helps me to facing my difficulty while learning account since the final is coming soon. Whatever, man u deserved a a million or even more of thanks!!!
This helped me so much. Explained in a way I just couldn't understand from reading the textbook and you managed to capture my easily distracted hamster brain's attention. My saving grace right before finals.
James is my accounting hero. Also, I use the Hogwarts common room youtube videos for background music to study to. I thought I had left one open until I realized the music was coming from this! Double hero points!
Thank you!!! Really helps. Our teacher gave us a WIKI: Cash Flow Statement literally earlier. It's our topic for our session tomorrow and it will be our final output. She expects us to study bc we will have a recitation. Reading alone is not enough for me to get it 😩👈 but I'm so glad I found this video!
Great video.!! A Quick question. If I had brought a piece of filming equipment for 20,000 and then sold it for 15,000 after use to buy newer equipment for 30, 000. Where could I enter that, if I had made some losses on the equipment?
Hats off to u, Just the amount of effort, i mean, the narration, the editing, the music everything is amazing. Looking forward for a lot more of ur content
Hey man, I really appreciate your work and find it very helpful. Though, this specific video - Im trying to watch over and over and just don't get it. I didn't understand the difference between the income statement and the cash flow statement. I think what helps most is when you actually show what you explain on the screen in some animation or something, it helps visualize and keep in track. When you just talk to the camera its hard to do so. Thank you again. Hope I'll get it soon.
Thanks for your feedback! The Income Statement shows income and expenses whereas the Cash Flow Statement shows cash inflows and outflows. These are different when a business follows the Accrual Method of Accounting
Thank you so much James for such a great video. I am very new in accounting and finance and thought I will never be able to understand these concepts. You are amazing!
These videos are fantastic. You make accounting fun very accessible. Wonder is there a video where you put it all together, examples of how the finances of a company are run through the books, reporting schedules, etc. Sort of a bird's eye view.
Hi James !Could you please take a lesson on different Ratios .It will be a real help. I have been recommending your amazing content to my friends .BTW you are an incredible and Fantastic tutor,
Hahaha, broom sticks and Nimbus 2001... Wow, I love the illustrations. You've given me a perfect bird's eye view on cashflows!! I appreciate the approach of explaining it from the bottom to the top.... Makes alot of sense!. Thank you for all the effort, God bless you more
Hey James....these accounting videos are the best in You tube if students wants to learn and professional wants to refresh their accounting knowledge. Can you pleas make a video on Lease accounting ASC 842 along with journal entries?
Great videos James seen a few now. Just me probably but the way you w were whooshing your arms around made me anxious, had to learn from this video by listening. 😅
Brother James, 🎉 I would like to give you credit and much much appreciation for beautiful videos and proper topics learning objectives flow compiled throughout your channel, just a minor suggestion please make “2” in your fonts style more visible it appears as “1” , or use a different font style where ever “2” has to go in videos.
Thank you so much for this .. this was of great help .. may god bless you always for spending your tie to make this ... we need more videos like these .. please continue doing these .. coz we need more of people like you .. Mr james you are a GREAT at Accounts ... thank-you once again...😊😊
One day late... sorry guys! This one was a beast to edit. In the next video, I'll cover how to work out Cash Flow from Operations from the Income Statement & Balance Sheet using the examples discussed in this one. Stay tuned :)
@Maximity Sure thing... I've been meaning to do that for a while now
Thanks, James. Please what's the name of the song that starts around 0:07?
@@ikekeonwu Hey mate, sorry I can't actually remember. It was from the TH-cam Free Music Audio Library and they didn't require a credit so I never wrote down the name
Thank u sir .
Also...congrats on your hard work! I know it's hard to make something so complex sound so easy, and to use a common language that everybody can understand! All the best and congratulations for making these "glorious mistakes" as Neil Gaiman called them: to move to a different country (without a job at that time) and to start something new, unfamiliar, but with great potential. It's also my story! :) Hugs from Berlin :)
This is worthy of a Netflix series. (Love your vibe and the editing as well.) Thank you so much for these videos. It has been an incredible help.
Hey Thawzin, that's kind of you to say! Thanks and all the best!!
Dude, It's like i am watching a movie where the hero is a Charming Accounting wizard :3
I wish my teachers was like him😅
@@camilafialla2883 ikr
you have one of the best youtube chanels ever , thank you for putting out this content
Cheers Hamza!
for real, just save my life two days before final
I was working on my assignment on Cash flow methods, based on what my instructor taught, just couldn't wrap my head around, the operating activities difference in both methods. By watching these two videos for half an hour, my these concepts are crystal clear. Thanks James!
Hey James! I'm a first-year accounting major at my university here, and your videos have been amazing for reviewing and learning more about the content I learn in class. Keep up the great work!
Cheers Dustin! All the best with your studies :)
No one explains accounting terms and principles as simply and as clearly as you so that even someone with non-accounting background like me can understand. Thank you so much
Cheers Bernard, glad it's making sense :)
Should we watch your videos in any particular order? I saw the first video and immediately bought the entire cheat sheet collection. The sheets are brilliant. Each one works as a mind map and corresponds to a video in your series. I am attempting to catch up in an entry-level accounting class. Thanks again for the engaging and entertaining series.
Yo! James, I gotta say, you are really really really really really good at not only making accounting interesting and easier to understand but also just making videos generally! like I can literally play your videos while I brush my teeth and I'll still be attentive and pulled in! Keep going dawg you're a hero to Accounting students.
Thanks for your kind words!! Hope your studies are going well :)
I can't thank you enough! Your videos have helped me refamiliarize myself with somethings long forgotten! Much appreciated!
No worries Karey, I'm happy to help! All the best
Assuming I pass my MBA accounting course, it will all be thanks to you! I purchased your bundle pack 'cheat sheets'....THANK YOU!
Thanks for your support Karyn! Best of luck with your MBA, hope it's going well :)
@@AccountingStuff lol, perfect 4.0....until accounting. We'll see if I can pull it out in the end!
PS -Waving from Bellingham! Just saw one of the vids saying you were up in Vancouver! Small world!
@@KarynLTapleyMDMBA You got this!
@@KarynLTapleyMDMBA So close yet so far with the border closure! Hope you're keeping safe & well
I praise God for your help. Thank you. I bought both of your Direct and Indirect Method as a show of appreciation for your effort. Thanks again.
Great video. I studied Accounting 8 years ago and I forgot almost everything lol. I am going to gad school for my MBA and having a project due on Dec 2020. Your videos help me a lot to review and study accounting. Thank you!
No worries Tien, we all need to refresh ourselves on the basics from time to time. Best of luck with your MBA!
Holy Crap James. I've watched this video at least 6 times, and I think I finally got it! Whoosh. My head hurts.... But it's a good hurt. Thanks again. I can't wait for the next video.....p.s. Before these videos, I wouldn't have gotten the ''It's accrual world'', thing on the mug..... I laughed out loud when you said it, and that made me feel pretty darn good! Cheers! Joanna
Haha, I'm glad you managed to work it out! Cash Flow can sure be tough. On Monday I'm uploading another video on the Direct Method that gets into more detail so you might find that one useful as well. It's Accrual World is a classic! All the best 👍
I love you. seriously this content is amazing. I could see you doing an online course and i would invest in it. You make the content so digestible and i am so grateful for it. People like you offer value to others and its so cool. I don't know how much money you are making on you tube but i hope you are doing well. because i want to see you grow and continue to make amazing content. Thank you man.
Thanks for the kind words, I appreciate your support :)
I graduated year 2014 in management accounting but only this time I fully understand and enjoying the accounting. Thanks James 😘😘😇😇
Great to hear it's making sense :)
The hardest topic for me to understand so far. But you did an excellent job of explaining difficult concepts in very simple terms. So yes, I understand the cashflow statement very well after watching your videos. Thank you so much
Great to hear it's making sense! The Cash Flow Statement confused me at first too!
As an accounting student studying abroad this channel has been a gift sent from god thanks a lot
You sir are a scholar and a gentleman....and maybe even a TV presenter in a past life.
Cheers David!
Thank you so much for these videos. I just watched your P&L, Balance Sheet, and Cash Flow Statement videos and they are so well made and simple to follow!
I'm a student of Charterd Accontancy india , i loved the way you explain...
Thanks mate
I’m a baby investing who didn’t know much about accounting. Your videos are so helpful
You've saved me 5 days of studying this chapter, thank you. You're God sent
Glad to hear it helped !!
Guys the less we can do to James to repay back his amazing work is to spread his videos in all social media. Let help him to reach millions of subscribers.
Cheers for your support buddy!
Your videos are so dramatic it makes accounting an even more interesting amd powerful skill. Every Acc Lessons you upload is like cracking another mysterious case.
Cheers John, glad you're enjoying them!
It is truly useful and eye-catching at the same time! I have watched the video from the beginning till the very end without feeling bored. It's awesome. Thank you for making such a great video!
Thanks, I'm glad you enjoyed it!
Wow! How can you sound flawless in your explanation. You're the best!
Thanks buddy :)
What i couldn't wrap my head around for a whole evening you managed to explain in 12 minutes. Thanks alot!!
Great to hear it's making sense :)
I love Harry Potter!! The Harry Potter theme made it so much more fun.
I am so grateful for your videos! I hit a wall when I got to cash flow statements, and your video got me over it! I am going to watch all your videos to help cement the information I am learning through my accounting course.
No worries Robin, we all hit the wall from time to time. You got this!
I just really understand the world of accounting when I keep on watching your videos. Well presented and explained! Thanku verymuch more power!
Thank you for this video! Your video taught me more than my lecturer has in 12 weeks 😁 also love the Harry Potter references!
No worries Joanne! I'm a big HP fan so whenever there's a chance to involve it, I take it! haha
James 🙏am Deng a new subscriber I didn't know about ur youtube channel all along .I have suffered a lot studying in a foreign country where lectures re in Arabic bt now I have found a helper n accounting wizard I can't breathe .Thank you so much for what uh re doing 🙏❤️its my first day on this channel and I already love it💯💕
Thanks and all the best with your studies!
@@AccountingStuff thank you james❤️uh re a blessing
Thank you for being the first EVER accounting guy I can understand and UNDERSTAND! Cheers!
No worries, thanks for watching :)
My accounting lecturer loves refering us to you when we get stuck. Don't know where we would be without your channel.
Also absolutely love seeing a fellow potterhead😅
Cheers Alex!
thanks so much for these videos.. i'm about to start an accounting course after working in a mid size business with commercial and finance teams for just under 2 years. i've got no "on paper" experience in accounting but these videos have made me realise i already have exposure to a lot of the main concepts.. so good start!!
Glad to hear you're finding these useful. All the best in your course!
@@AccountingStuff thank you.. i've booked my first exam too early so i'm desperately cramming atm
You've got this!!! Good luck@@lizjane1349
Just did my uni accounting exam and a HUGE cash flow question - thanks to you and these videos I knew what I was doing (hopefully)! Hurrah!
Nice one! Glad to hear it went well :)
Helpful content and I still can't believe how much effort you put on to make your vids as appealing as possible
Thanks mate! I love the process of making videos so it's fun to go overkill on these tutorials
Youre a savior!!! Studying for my BUS020 midterm rn
being a student of accounting, this is like a one shot for complete cfs, thank you!!
You're very welcome :)
Dude... THANK YOU!! Like so many people, I've been having trouble with the Statement of CF. You explain this and everything else so clearly and you even make it fun and enjoyable to watch. Swear... Best. TH-cam Channel. Ever.
Cheers Kelz! Hope SoCF is making sense for you now
As a accounting major student from science background, It's really helped! Thanks a lot mate 💖
No problem!
Every time I am confused, I will come back to your channel. I have an exam next week, so here I am :). You are better than my professor!
Good luck in your exam!!
It is precise, clearly pronounced and presented; simply well done. Keep it up.
Thanks, I'm glad you think so! Appreciate the feedback
ThankYou so much
These videos are much more clearer than our lecturers.
No worries, hope it's making sense for you
Dude your humor is so subtle it's hilarious
I don't want to skip the advertisement to apreciate your video. Your videos are very helpful.
Haha, thanks but it's ok to skip the ads
@@AccountingStuff thank you for sharing :)
@@sutmutiah7265 No worries, you're welcome :)
Thanks for the response and the video. Waiting for the next videos. The whole content is getting better and better with each video. Great Work!!
Hey Rohith! No worries, I always have a great time making these videos. Thanks for the kind words!
Where were you during my accounting class... Sigh... Love these videos. They are actually entertaining!
Cheers Saad!
I'm using one of those accounting software, but its good to understand how it really works. Thanks again.
No worries, I'm happy to help!
Thousand of thanks should i give to u, such a good video and it helps me to facing my difficulty while learning account since the final is coming soon. Whatever, man u deserved a a million or even more of thanks!!!
Cheers Rose, good luck in your Final!
This helped me so much. Explained in a way I just couldn't understand from reading the textbook and you managed to capture my easily distracted hamster brain's attention. My saving grace right before finals.
Best of luck in your finals!!
James is my accounting hero. Also, I use the Hogwarts common room youtube videos for background music to study to. I thought I had left one open until I realized the music was coming from this! Double hero points!
I've done that in the past too!
Thank you!!! Really helps. Our teacher gave us a WIKI: Cash Flow Statement literally earlier. It's our topic for our session tomorrow and it will be our final output. She expects us to study bc we will have a recitation. Reading alone is not enough for me to get it 😩👈 but I'm so glad I found this video!
No worries Andrea, hope it goes well!
Are you from APEC?
@@vickie_y no hehe
@@andreaisabellepanambo3095 then from what school ? We both have the same terms like wiki and output so I guessed you're currently studying there
@@vickie_y I'm from UNC
Great video.!! A Quick question. If I had brought a piece of filming equipment for 20,000 and then sold it for 15,000 after use to buy newer equipment for 30, 000. Where could I enter that, if I had made some losses on the equipment?
26th video, your wonderful explanation will lighten our costed mind
As a CPA I like when some one presents accounting in exciting way.
I had to chuckle when I read your comment. That's for sure not the way we had to suffer through the classes.
Thanks my guru in Accounting problems. I love the way you make it look so simple
Hey James! Love these videos. They are super helpful. I've missed a few lectures and this is a great catch-up for me, thank you!
Hey Nash, thanks, it's great to know that the vids are helping you out
Hats off to u,
Just the amount of effort, i mean, the narration, the editing, the music everything is amazing. Looking forward for a lot more of ur content
Thanks Manem, glad you enjoyed it!
Superb explanation!
Glad you think so!
あなたがゆっくり喋ってくれるので、とっても分かりやすい！
cash flow statement used to be a real pain for me, but before I watched your video:))) thank you so much!!!
You're very welcome. Hope it's making sense for you
thanks daddy, i learned what my lecturer couldnt say in 2 hrs, underrated af
Glad you found it useful!
Bro, I actually love you. Such amazing videos
Thank you!
You are an absolute king
Thanks :)
Hey man, I really appreciate your work and find it very helpful.
Though, this specific video - Im trying to watch over and over and just don't get it.
I didn't understand the difference between the income statement and the cash flow statement.
I think what helps most is when you actually show what you explain on the screen in some animation or something, it helps visualize and keep in track. When you just talk to the camera its hard to do so.
Thank you again. Hope I'll get it soon.
Thanks for your feedback! The Income Statement shows income and expenses whereas the Cash Flow Statement shows cash inflows and outflows. These are different when a business follows the Accrual Method of Accounting
Thank you so much James for such a great video. I am very new in accounting and finance and thought I will never be able to understand these concepts. You are amazing!
No worries, hope it's making sense :)
Got my resit for accounting on wednesday, wish I found this channel earlier :')
Good luck Tom! Hope it goes well
Your videos are amazing! Thank you for educating us all on accounting and finances.
I couldn’t understand the statement of cash flows especially the indirect method and I knew you’d help and I was so right..!!🙌🏻
Hey Sanyo, great to hear it's making sense!
Very nicely explained and easy to understand... Really appreciate James👍👍
Cheers buddy :)
I wish I found your content a year ago. You are awesome. Thank you for doing this.
No worries, all the best!
OUR BLOG:-
CASH FLOW STATEMENT DIRECT METHOD:
www.businessblogers.com/2020/10/21/cash-flow-statement-by-direct-method/
CASH FLOW STATEMENT INDIRECT METHOD:
www.businessblogers.com/2020/10/17/cash-flow-statement-by-indirect-method/
These videos are fantastic. You make accounting fun very accessible. Wonder is there a video where you put it all together, examples of how the finances of a company are run through the books, reporting schedules, etc. Sort of a bird's eye view.
Thanks! I haven't made a video like that yet but I definitely plan to
Splendid James! Sharing this to my students
Thanks Marjory, glad you enjoyed it :)
You are killing it James thank you so much mate
Cheers Mundher!
you are just amazing . accounting sounds more fun after watching your vedios
Thanks for these informative and easy to understand videos
No problem Vince! All the best :)
Hi James !Could you please take a lesson on different Ratios .It will be a real help. I have been recommending your amazing content to my friends .BTW you are an incredible and Fantastic tutor,
Thanks for your suggestion :)
Hahaha, broom sticks and Nimbus 2001... Wow, I love the illustrations. You've given me a perfect bird's eye view on cashflows!! I appreciate the approach of explaining it from the bottom to the top.... Makes alot of sense!. Thank you for all the effort, God bless you more
Thanks buddy!
Beautiful explanation, and special effects too
Thanks Chinmay!!
This is absolutely brilliant
Thanks Arjun!
You are awesome man! Keep up the good work. Your efforts in videos and the value delivery are very apparent.
Thanks mate!
Thank you so much for these videos, I finally got it!!!
Great to hear it's clicking!
Hey James....these accounting videos are the best in You tube if students wants to learn and professional wants to refresh their accounting knowledge.
Can you pleas make a video on Lease accounting ASC 842 along with journal entries?
clear explanation , SUPERB bro
You are good at this James! Thank you for this video!
Cheers Sarah!
you saveee meeee ! Send u my love and respect. Btw your video editing is soooo amazingggg
Thank you!!
James, I'm fairly new to accounting. I need a road map, so I can watch your videos in an orderly fashion to learn the basics.
Hey Jayanth, I order the videos in this playlist → th-cam.com/play/PL5zKSeS09l339nB6ujJPQ9Rsv99_b-aTb.html
@@AccountingStuff Thank you so much.
@@imjayanthkumar You're welcome :)
Great videos James seen a few now. Just me probably but the way you w were whooshing your arms around made me anxious, had to learn from this video by listening. 😅
Thanks for your feedback :)
THNAK YOU for making it interesting and it's is very helpful ✨
No problem :)
Brother James, 🎉 I would like to give you credit and much much appreciation for beautiful videos and proper topics learning objectives flow compiled throughout your channel, just a minor suggestion please make “2” in your fonts style more visible it appears as “1” , or use a different font style where ever “2” has to go in videos.
Hi James are You Fine on this Covid-2019 season I wish God Protect You From any Thing
How exciting can you make accounting ?
This exciting !!!
Amazing videos ! thank a lot !
Cheers! I'm not quite sure what you're asking. Could you please clarify?
great content
thank you James for the efforts
Definitely explained it better than my $3000 CPA materials did :-) thanks so much!
No problem :)
God bless you man!
Thank you so much for this .. this was of great help .. may god bless you always for spending your tie to make this ... we need more videos like these .. please continue doing these .. coz we need more of people like you .. Mr james you are a GREAT at Accounts ... thank-you once again...😊😊
Thanks for the kind words Thasleem!
Do you have a video creating a cash flow statement using the Tumble's Income and balance sheet? love your videos!