Analyze The Balance Sheet. 4 Questions About Assets

As complexity increases in commerce, it's important to keep a tight understanding of the key elements of the Balance Sheet. In this video, I focus on 4 key questions to ask about Assets in order to determine the strength of the business.
I’ll walk you through a company’s balance sheet and I will ask 4 important questions about it’s Assets, specifically, cash, Accounts Receivable, Inventory and Property plant and equipment.
So here's a quick breakdown of what we intend to cover this video:
First we'll talk about the questions that you should be asking
Second I'll tell you what support you'll need in order for you to answer these questions
Then third I will show you what you need to do in order to validate the support
Then finally I will show you how to draw a conclusion based on this information
My video "How to Analyze the Balance Sheet like a CFO":
• How To Read & Analyze ...
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All views expressed on my channel are mine alone. Not intended as financial or professional advice

[@Caramel1311]

This is like a mini MBA. You're such a great mentor

[@TheFinancialController]

Thank you! 😃

[@Caramel1311]

@@TheFinancialController I did my MBA 10 yrs ago and recently needed a refresher; I think you have the best approach with the right level of detailed analysis for anyone to understand the operations of a business. I would love to sign up for one of your courses. Where can I do that?

[@gayatrishinde7150]

Thank you so much! This will really help while performing analytical tasks.

[@radeksamsonowicz]

You’re doing very nice job Bill with making the chart of accounts easily digestible.

[@gw8755]

Thank you so much for sharing a very valuable information.

[@densetsu9907]

I’m only in school right now but I have a very hard feeling that these will be coming in handy 👏🏾👏🏾

[@behramirani4688]

Very nice... These videos are what is needed... How to think link a accountant or finance manager... What will be future situation and what needs to be rectified for a company

[@joannamorales9180]

Thank you for your contribution to aspiring CPA’s and the accounting community. I like how practical and useful the information can be to implement in real life work environment

[@TheFinancialController]

Thanks Joanna

[@juanpablomolina2961]

Good explanation! following your videos from Argentina

[@neymardasilva1801]

Thank you for the very informative video. Please make a video of the key ratios that are needed from the credit perspective to understand the borrower

[@ahmedabdelsamea3794]

Great work Bill keep it up.

[@arslanthemughals]

Excellent, Need more videos on Accounting Interview Topics please.
I really Liked it.

[@ramizabdulahad8419]

Thank you. I know you've done a video about what tasks you have as a financial controller, would you be able to do one for AR or AP clerks and other entry level positions? I'm studying bookkeeping now and I still don't know what to expect in the future lol.

[@poonamtambe6605]

Thank you for sharing very useful

[@boney2235]

Very educative. Thanks sir

[@shahjadamonsur1110]

Very helpful.thanks

[@joethebeckham1]

Let me begin.. your videos are so amazing for people like me even working in account for a decade. One thing still not clear is cash flow... IN DEPTH KOWLEDGE. Can u please make a detailed series videos on the same thing. How each component means and how we can analyze the health of a company. Thank you and good luck

[@NAVEENSHARMA-ss5vy]

Nice

[@mushfigguliyev9925]

Thank you for the video Mr. Hanna. My question is about cash burn rate. You calculated cash runway by dividing total cash to net burn rate which is $ 2.8 mln. This figure is loss to business. What if the business ends the year with profit? Should we still divide total cash by profit + depreciation/non-cash expenses? Why would we use this figure? The business may have credit sales. I mean the company doesn't receive that money in the same period, why would we use this formula? Thank you in advance!

[@Pancake3399]

Best Teaching style explanation awesome

[@Pancake3399]

I am from bangladesh, student of ICMAB. Every day i watch your vedio. And try to execute your teaching

[@kassimmohammed8579]

Thanks

[@nitinbisht1520]

For question does company have accounts receivable turnover issue. We can calculate through accounts receivable turnover /365
accounts receivable turnover = (net credit sales / average accounts receivable)
Really appreciate your work. I learn about the cash burnout how we can calculate

[@accountingcambodia]

I like your video

[@ilhamiadvisoryservices1776]

Should we include loan installment in deriving Burn Rate?

[@mitchellguinan9161]

If we have to write off inventory then I'm assuming we would credit inventory but what account Would we debit? Thank you!

[@irishkateragual9461]

As a future financial manager, what is the relevance of knowing the functions of a controller?

[@patriciaalcala1153]

Question. You would not use the cash runway if the company had a positive net income? Or do you still use it.

[@JennKw]

You are amazing. You should be teaching university courses

[@TheFinancialController]

Maybe one day!

[@pauldewitt7697]

Where do I find the credit sales amount?

[@hazemgamal696]

Thank you so much for the information ❤️
Actually i need your advice.. My goal is to be a Financial Controller I'm a fresh graduate and i started working as an O2C accountant 1 month ago in a private company and i think i will have the opportunity to work aslo in P2P and R2R so is that a good start? Or should i try to work in public accounting first?
Thanks Bill

[@TheFinancialController]

Hi. If you have good mentors in private, it’s very valuable and I would advise staying in private. The only reason you’d do some public is if your goal is public company controller.

[@hazemgamal696]

@@TheFinancialController Thanks so much Bill for the advice.. Actually my goal is to be a controller in a private company and yes currently i have a very good mentors i work in IBM and everything is good there so i will stay in private.. Thanks again

[@sukrojit930]

Can I get accounting job in America from India ??

[@superestrellastar]

I'm going to become An Executive Steward so I want understand GAAP

[@andalmansa]

Equivilants 🤣

[@apurvasingh3219]

Hi sir I am a viewer from India
I need remote job as an junior account please help me to get a job.