Jean Pousson from Board Evaluation gives a short way to financially assess your business. Find us online: bit.ly/1okZTwN LinkedIn: linkd.in/1mgjvQe Twitter: bit.ly/1g0LxPq
Overhead expenses are expenses that can't be categorized either as direct labor expenses or materials used for manufacturing, it's a cost which comes from basic operations of business. To give an example, imagine you manufacture sofas. People who work to build sofas, their salaries will be accounted as labor expense, materials used for building sofas will be accounted in COGS. Utilities which are used to build sofas such as gas, electricity will be Overhead expenses.
@@iraklisalia1533 What a complicated response. Overhead costs are all costs except the cost of goods. That would include salaries, light bills, rent, etc.
One of the best ways to learn financial analysis 1. Pick the financial statements of your favourite company 2. Now you can go through so many wonderful resources on youtube, online courses , books that teach you the basics of financial statement analysis . But make sure whatever resource you pick it is based on practical examples using real world companies. 3. This is the most important step; apply those financial analysis to the company you have chosen. This is where most people go wrong. They don’t apply their knowledge and as a result their knowledge remains theoretical. 4. Pick another company and repeat the process. Things to make sure when picking up the right resource: If you are picking up a book start with a light one like interpretation of financial statement analysis by warren buffet, don’t go straight for heavyweights like Security analysis by Benjamin Graham If you are looking at youtube videos make sure it is based on real life companies and it is not just teach you a small part of financial analysis. If you are going for an online course, the advantage is that there will be lots of courses, I suggest to pick like the one at end of this comment which has loads of practical examples using real world companies. Whatever resource you decide to pick , let me tell you you have the ability to learn financial analysis of any company you desire . The key thing is to practice , practice and practice using financial statements of real world companies. Pro Tip: Don’t just go for the most popular course, first go through the preview of the course and see what is it contents. For eg. every course of financial analysis talks about ratio analysis but no one talks about corporate life cycle. What I mean is that analysis of Coca- Cola (which is a very old established company) will be very different than a new start up like Peleton So be patient , be curious and practice , practice and practice using real companies. Hope this helps Mohit Mittal www.udemy.com/course/introduction-to-financial-statement-financial-analysis-2021/?referralCode=5ECA1F9D8359500012BC skl.sh/2MSQAsL
Hi Shrey . if You are interested in learning financial statement analysis using real world companies here is a completely free course on udemy. No sign up no bullshit. Real value. www.udemy.com/course/the-complete-guide-to-interpretation-of-financial-statements/?couponCode=F5A1E1E1A01BB5263FE2. I think its free till 19th june . Hope this will help create more understanding
I work as financial analyst and I was looking for videos like this for my son who is going to business school. This is so well done! thank you very much!
Good one. Needs for in depth understanding in your book. I always review notes from courses. You have mentioned sustainability, do you also need to present the green Operating budget on one normal anunual report that shows enlightings about company`s supply, use , water, energy. and raw materials for that "Green sustaiabilty debility how is called in English?
Thank you so much. I absolutly love this presentation. This transation from financial numbers to real financial meanings is just wordeful. I hope you can explain to us more about the cash flow statement beacause it is still a bit difficult to wotk it out.
I have job interview for financial analysis next Monday it’s hard for me because I graduated 3 years ago from master of financial analysis and I worked as a self employed in different sector . Any advice for me. Thank you
BTC for $75K by end of this year& Control of The Currency is already Decentralised And now the China disruption would simply Decentralise the Mining setup for the better
With due respect, Thanks for your concise brief on the subject matters. I do believe, if this would have been more and more informative along with, annex (with examples) mentioned there in. This is for your kind perusal. With regards,
Oh how I wish I had seen this video before my financial analysis assignment was due last week!! 😭😭 The summary at the end would have been the basis of my report!
hahaha, he forgot to say that it all stops working properly as soon as time and strategic goals interfere, when direct profit is not as important as strategic growth and product
My left ear loved this video.
LOL!!!
Hahaha this comment made my day 😂
i thought i was the only one i thought my teeth was grinding
@@COOCA2002 ⁶y⁵and
🤣
Return on capital= profit before tax & interest/capital employed (capital+LT Loans)
Can I purchase this video online?
I dont know what is overheads can anyone explain to me pls
Overhead expenses are expenses that can't be categorized either as direct labor expenses or materials used for manufacturing, it's a cost which comes from basic operations of business. To give an example, imagine you manufacture sofas. People who work to build sofas, their salaries will be accounted as labor expense, materials used for building sofas will be accounted in COGS. Utilities which are used to build sofas such as gas, electricity will be Overhead expenses.
@@iraklisalia1533 What a complicated response. Overhead costs are all costs except the cost of goods. That would include salaries, light bills, rent, etc.
One of the best ways to learn financial analysis
1. Pick the financial statements of your favourite company
2. Now you can go through so many wonderful resources on youtube, online courses , books that teach you the basics of financial statement analysis . But make sure whatever resource you pick it is based on practical examples using real world companies.
3. This is the most important step; apply those financial analysis to the company you have chosen. This is where most people go wrong. They don’t apply their knowledge and as a result their knowledge remains theoretical.
4. Pick another company and repeat the process.
Things to make sure when picking up the right resource:
If you are picking up a book start with a light one like interpretation of financial statement analysis by warren buffet, don’t go straight for heavyweights like Security analysis by Benjamin Graham
If you are looking at youtube videos make sure it is based on real life companies and it is not just teach you a small part of financial analysis.
If you are going for an online course, the advantage is that there will be lots of courses, I suggest to pick like the one at end of this comment which has loads of practical examples using real world companies.
Whatever resource you decide to pick , let me tell you you have the ability to learn financial analysis of any company you desire . The key thing is to practice , practice and practice using financial statements of real world companies.
Pro Tip: Don’t just go for the most popular course, first go through the preview of the course and see what is it contents. For eg. every course of financial analysis talks about ratio analysis but no one talks about corporate life cycle.
What I mean is that analysis of Coca- Cola (which is a very old established company) will be very different than a new start up like Peleton
So be patient , be curious and practice , practice and practice using real companies.
Hope this helps
Mohit Mittal
www.udemy.com/course/introduction-to-financial-statement-financial-analysis-2021/?referralCode=5ECA1F9D8359500012BC
skl.sh/2MSQAsL
You are absolutely brilliant. Thanks for this quick, clear and concise tutorial
Would recommend all the trainers to teach at this level.BRILLIANT
Hi Shrey . if You are interested in learning financial statement analysis using real world companies here is a completely free course on udemy. No sign up no bullshit. Real value.
www.udemy.com/course/the-complete-guide-to-interpretation-of-financial-statements/?couponCode=F5A1E1E1A01BB5263FE2. I think its free till 19th june . Hope this will help create more understanding
I have listened to this presentation several time, and taken notes. It's so clearly presented and explained . . thank you!
Thank you, appreciate your time and education. Easy to understand
Just loved this presentation. I wish I had you as my financial analysis prof from day one!
I wish the same!
Oh the simplicity! Watching 7 years after and this is still brilliant!
I work as financial analyst and I was looking for videos like this for my son who is going to business school. This is so well done! thank you very much!
May be you need to check accounting feed channel too
Good one. Needs for in depth understanding in your book. I always review notes from courses. You have mentioned sustainability, do you also need to present the green Operating budget on one normal anunual report that shows enlightings about company`s supply, use , water, energy. and raw materials for that "Green sustaiabilty debility how is called in English?
why great like this are not viewed too much
Excellent. Thank you, Sir!
Thanks so much
Very nice consistent story.
Thanks Mr Pousson
Thanks, this is very helpful!
Amazing, simple, concise and great voice! You are a master who can translate complicated matters, simply. Thank you ever so much :)
Great tutorial! Thank you so much for your time!
Thank you so much for sharing such useful data! Greatly appreciated.
Thank you so much. I absolutly love this presentation. This transation from financial numbers to real financial meanings is just wordeful. I hope you can explain to us more about the cash flow statement beacause it is still a bit difficult to wotk it out.
This was a great refresher course for me. Thank you very much!
Just awesome ✅
Brilliant presentation 💯
I have job interview for financial analysis next Monday it’s hard for me because I graduated 3 years ago from master of financial analysis and I worked as a self employed in different sector . Any advice for me. Thank you
Terrible without a real life example
BTC for $75K by end of this year& Control
of The Currency is already Decentralised And now the China disruption would simply
Decentralise the Mining setup for the better
Recommended to me Jean from someone who enjoyed your IOD finance class; very useful for my own exam preparations.
Beautifully captured. Thank you
Nice
Thank you for this video
im really in love with your teaching
This is awesome. Thank you so much!
With due respect,
Thanks for your concise brief on the subject matters.
I do believe, if this would have been more and more informative along with, annex (with examples) mentioned there in.
This is for your kind perusal.
With regards,
Thank you so much! That’s exactly what I needed for my case study.
I am an accountant and I watch 7 min of this video so far and I think it is brilliant. Well Jean!👏
Wonderful!
THANK YOU SO MUCH SIR! This is exactly what I needed for my data file project.
Pro tip: change your phones audio/headphone settings to mono.
Oh how I wish I had seen this video before my financial analysis assignment was due last week!! 😭😭 The summary at the end would have been the basis of my report!
rip, how'd you do?
I've been running my own company now. This video make so easy to understand. Thnks Team
Mercy beaucoup. If I had had teachers like that I would not have dropped out of school when I did. Clear, easy, steady pace and low glace-over ratio.
Perfect, deep respect
brilliantly explained - thank you for sharing!
Would like to know the names of some books for further reference & with thanks ... !
its clear and easy to understand,thanks for the information.
Un très bon sommaire. I like it.
great Lecture!
Brilliant!
so, it's better if the growth is in volume but not in margin?
The best! made it very practical! Thank you
Love you 😙😙😙❤️
Wow.. no one could havd made this so simple and easy to understand. Thank you.. this just refershed my learning till date.
Check this out! th-cam.com/video/zl5YcY37MnY/w-d-xo.html
Thanks a lot easy smooth lecture.
Now I really liked the wallet eo .finance for work
I consider this option to work now the most reliable.
im here because of modular learning
Simple and to the point. Thanks
Thanks
When you are an accounting student
very easy to understand thank you!
Excellent Jean
THAT'S MY GRANDAD😀😀😀
Traducción español 👍
Thanks a million times for this
Hero
GOAT !!!!
Thanks for an awesome and well informative video,.
This is brilliantly presented
poor voice quality
Fantastic video!
Wonderful video
Jean, with the fast approaching IoD exam, I found this really useful and a helpful reminder.
Thank you
Thank You Sir
Fantastic
thanks
Great
Awesome
I love how there is so much yet so little. I will be watching this a few times and try to draw a map to visualize these concepts as well.
Hello.. did you manage to draw a map?
waiting
👍
Very Nicely Explained.Wow
Bravo!
Thanks
Excellent sir
hahaha, he forgot to say that it all stops working properly as soon as time and strategic goals interfere, when direct profit is not as important as strategic growth and product
well explained :)
Awesome
2022 just learning this 🥲