Home
Search results “Main principles of accounting”
Learn Accounting in 1 HOUR  First Lesson: Debits and Credits
 
22:05
The ultimate video for new accounting students to learn basic accounting principles and accounting mechanics. This video assumes you know NOTHING and by the end of it, has you reading fortune 500 company financial statements. Learn more and become student at EF University for FREE - http://executivefinance.teachable.com/ Like us Facebook- https://www.facebook.com/exfinance/ Linkedin- https://www.linkedin.com/company/executive-finance Twitter- https://twitter.com/exfinance
Views: 1525812 Executive Finance
Basic Accounting in 10 minutes Tutorial
 
10:39
Basic Accounting in 10 minutes Tutorial © 2012 Pavlov Global Publishing
Views: 1680130 Shred 207
Basic concept of accounting by Santosh kumar (CA/CMA)
 
01:03:12
This is only a demo class. classes are available for CA/CMA/CS/B.COM( All universities), 11th, 12th. My all classes are available in Download link /Pen drive mode. You can also buy my classes on per chapter basis at conceptonlineclasses.com. for any query, please contact us on 01204225003/4/5 Mail us on [email protected]
Views: 589974 santosh kumar
Accounting for Beginners #1 / Debits and Credits / Assets = Liabilities + Equity
 
04:44
https://www.youtube.com/playlist?list=PLT-zZCow6v8t5_2RQDnAOQHfQiBYDw26z BEST ACCOUNTING PLAYLIST ON YOUTUBE !!!!!!!! This is a great Accounting tutorial for the Basics of Accounting for beginners. The easiest way to keeps debits and credits, and Assets = Liabilities + Equity ( Accounting Equation) straight. This is how i passed the CPA Exam to become a licensed CPA in the State of Florida. You can use the information in the video on your first day of Accounting class all the way tho being a CPA. Debits, Credits, Assets, Draw, Expenses, Liabilities, Equity, Revenue. This video has a very basic example and can be used in the most advanced situations. Learn Debits and Credits and the basic accounting equation which is assets = liabilities + equity. This will also help with the income statement which is Revenues - Expenses. I hope you enjoy the video. In this video i go over journal entries. Get your tips here in this accounting for beginners video. There is also information on the balance sheet here in this video. I also go over Accounts Receivable, Accounts Payable, Depreciation, Accumulated Depreciation, Putting Assets on the books, Fifo and Lifo Inventory Valuation, and so much more in this series for beginners. Help Support the channel by using one of my links. The Amazon link is my favorite, it is the same experience and same price for you, and i get a small kickback for purchasing goods from my amazon link. THANK YOU FOR YOUR SUPPORT. Amazon Affiliate Link: https://amzn.to/2MS2OMg CHANNEL OPTIMIZATION https://www.tubebuddy.com/CPASTRENGTH NEED PAYROLL FOR YOUR COMPANY https://gusto.com/r/SAtdL Accounting For Beginners #1 https://www.youtube.com/watch?v=_pTU4gwmcMs Debits and Credits / Assets = Liabilities + Equity Accounting For Beginners #2 https://www.youtube.com/watch?v=0--jJn6zqfg Basics / Accounting Equation Accounting For Beginners #3 https://www.youtube.com/watch?v=YXFEEr3qHIo Journal Entries / Beginner Tips Accounting For Beginners #4 https://www.youtube.com/watch?v=Yy1DtVND7yo Income Statement / Revenue - Expenses Accounting For Beginners #5 https://www.youtube.com/watch?v=fEtBFB_Nq-o The Balance Sheet / Basic Tutorial Accounting For Beginners #6 https://www.youtube.com/watch?v=XyB3mmzQ_jU Putting an Asset on the Balance Sheet Accounting For Beginners #7 https://www.youtube.com/watch?v=H4udCOiU8i8 Depreciating an Asset / Basics Accounting For Beginners #8 https://www.youtube.com/watch?v=xjXgpnUEgFI Depreciation Expense / Basics Accounting For Beginners #9 https://www.youtube.com/watch?v=QFV6PGIMT5M Accounts Receivable / Basics Accounting For Beginners #10 https://www.youtube.com/watch?v=xQ0u_QocSO4 Accounts Payable / Basics Accounting For Beginners #11 https://www.youtube.com/watch?v=tFA9HD3-7SI Fifo and Lifo Inventory / Basics Accounting For Beginners #12 https://www.youtube.com/watch?v=Z-g1Tnf3oi4 1 Journal Entry With 2 Assets / Basics Accounting For Beginners #13 https://www.youtube.com/watch?v=ds2Y0MxzMBA Accounting Study Guide / Template Accounting For Beginners #14 https://www.youtube.com/watch?v=BU9emeoLKX0 Journal Entry with Cash / Expense Accounting For Beginners #15 https://www.youtube.com/watch?v=kwCtASXQRLU Journal Entry With Cash / Revenue Accounting For Beginners #16 https://www.youtube.com/watch?v=1YrcjlHFBZ0 Debits & Credits / Negative Asset Accounting For Beginners #17 https://www.youtube.com/watch?v=amf1hyptG70&t=25s T-Accounts / Debits and Credits / Accounting 101 Accounting For Beginners #18 https://www.youtube.com/watch?v=18zPzkMbS2c What is a Draw? / Withdraw / Distribution / Dividend / Equity Accounting for Beginners #19 https://www.youtube.com/watch?v=r43j010KT58 Don't Abbreviate / Accounting 101 / Basics Accounting For Beginners #20 https://www.youtube.com/watch?v=yXJVISZA8yU Chart of Accounts / Assets, Liabilities, Equity, Revenues, Expenses Accounting For Beginners #21 https://www.youtube.com/watch?v=CK9NgJoqJa4 T Account Example / Accounting Tutorial Accounting For Beginners #22 https://www.youtube.com/watch?v=EC93RsvgK9E&t=25s Trial Balance Unadjusted / Accounting Basics Accounting For Beginners #23 https://www.youtube.com/watch?v=-9-LAnE61lw&t=25s Cash in a Bank Account / Checking Account / Basic Accounting Accounting For Beginners #24 https://www.youtube.com/watch?v=aUjVslkn4HI&t=25s Does The Transaction Increase Assets / Accounting Basics Accounting for Beginners #25 https://www.youtube.com/watch?v=zKreBUTJx5E&t=25s Accounts Receivable Example / Accounting 101 / Accounting Basics Accounting For Beginners #26 https://www.youtube.com/watch?v=66YddsOGau0&t=312s Reducing Accounts Receivable / We got Paid / Accounting basics #Accounting #Exercise #CPA #Accounting #Exercise #CPA
Views: 2176535 CPA Strength
Principles of Accounting - Lecture 01a
 
46:30
Principles of Accounting; deifition; identify; record; communicate; organization, interested users; financial statements; stakeholders; internal users; external users; management; human resources; finance; customers; SEC; creditors; labor unions; investors; pay raise; dividend; ethics; financial scandals; Sarbanes-Oxley; balance sheet; income statement; GAAP; FASB; IASB; cost principle; historical cost; purchase price; verifiability; fair value;
Views: 392754 Krassimir Petrov
Accounting 1: Program #2 - "Basic Accounting Concepts"
 
52:26
Accounting 1 Program #2 Chapter 1 "Basic Accounting Concepts" [email protected]
Views: 779961 JCCCvideo
Rules of Debit and Credit
 
13:57
In this video, you will learn in depth about accounting of business transactions and learn about how they affect different accounts, and how to apply the rules of debit and credit in different situations.
Views: 892354 Finance Train
Accounting 101: Learn Basic Accounting in 7 Minutes!
 
07:24
Welcome to Accounting 101: Learn Basic Accounting in 7 Minutes! This video teaches the basics of bookkeeping and accounting. It includes details about debits and credits, assets, liabilities, sales and expenses. Examples are provided and a quick description of the chart of accounts, profit and loss statements and the balance sheet is also included. Create a bookkeeping spreadsheet using Microsoft Excel http://youtu.be/LlWADbkGdac Support this Channel https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=FHGCUQ8GU9VB6 30 Free Day Trial on KashFlow Accounting Software http://www.kashflow.com/?code=AFF2105084 Free Bookkeeping and Accounting Course https://www.youtube.com/watch?v=IhYJbCAcCKE&feature=c4-overview&list=UUgPrg8qyvKaiED9tvdAIfpQ Learn more at www.freebookkeepingaccounting.com
Views: 274462 BookkeepingMaster
How to Make a Journal Entry
 
08:26
This video illustrates how to make a journal entry in the general journal. It was prepared by Professor Anna Boulware at St. Charles Community College
Views: 1523201 am
Double entry Book keeping explained in 10 minutes
 
11:13
Questions and links to videos are available on the following website: https://danielkingaccounting.wordpress.com/
Views: 68562 Daniel King
Basic Accounting Explained: The 5 Elements
 
12:31
== ASK ME A QUESTION == https://www.facebook.com/economista https://twitter.com/Tetracarbon ------------------------- Happy Studies! -Phillip
main concepts of accounting
 
04:44
http://www.lapasserelle.com/online_courses/accounting/index.html the toy manufacturer example already illustrates most of the main concepts of accounting
Views: 1238 andyfrc08
Accounting Principles | Entity | Going Concern Concept | GAAP | LetsTute Accountancy
 
09:36
Check out our new video on Accounting Principles | Entity | Going Concern Concept | GAAP This video explains the need for accounting principles / GAAP & what is the entity and going concern concept with an example. We have attached a PDF where one can get a quick glance of the whole chapter in few minutes. You will understand need and importance of all the accounting principles and conventions. Also, entity concept, going concern concept, money measurement, cost principle, revenue recognition, objective evidence, dual aspect, matching principle, accrual concept, materiality, consistency, conservatism, full disclosure, etc explained in detail. There are objective type questions on accounting principles and conventions. Link:- https://goo.gl/p17wRU You can buy our entire course on Accountancy : Amazon : https://goo.gl/c7Gq3m Udemy : https://bit.ly/2JwpfGJ Subscribe Us For More Updates: Link : https://goo.gl/pH6rtu Website : http://www.letstute.com/ To Get Regular Content Updates- Like Us On Facebook : https://www.facebook.com/letstutepage Follow Us On Twitter : https://twitter.com/letstute Add Us On Google+ for updates on our upcoming Videos https://plus.google.com/+Letstute Email us @ [email protected] WhatsApp your Queries on +91 7506363600 Visit our other channels LetsTute - Math / Sciecne / EVS http://bit.ly/1Q85cNP LetsTute Cbse Math https://goo.gl/kMGY4X LetsTute in Hindi https://www.youtube.com/channel/UCz17OJWV27c5FZKKBlLDXEw? Values to Lead (Value Education) http://bit.ly/1poLX8j
Views: 80923 Letstute Accountancy
What is Double-Entry System | Accounting | MBA in Pills | 4wMBA
 
03:50
As any other language, the accounting system has its own. Indeed, in accounting in order for you to record a transaction you have to use the double-entry system. Double entry means that each single transaction needs to be recorded twice, on the left side if debited and on the right side if credited. Usually, when you think of debit or credit in real life is different compared to debit or credit in accounting. In fact, debit does not mean that you have a debt to be paid back; neither credit means that you have money to receive. Check out our website at www.fourweekmba.com Subscribe to our youtube channel, to stay up to date with our content in the future.
Views: 51938 The Four-Week MBA
What is the main reason standard accounting principles are not useful? By Baruch Lev,
 
01:56
Baruch Lev is the Philip Bardes Professor of Accounting and Finance at New York University Stern School of Business. Professor Lev has been with NYU for 17 years. His primary research areas of interest include corporate governance; earnings management; financial accounting; financial statement analysis; intangible assets/intellectual capital; capital markets; and mergers and acquisitions. Professor Lev is the author of sex books, including the most recent: The End of Accounting, published in 2016. Professor Lev has received numerous awards and prizes, including two honorary doctorates. #DESCRIPTION Baruch Lev backs up his premise that today’s financial accounting principles are out of date and not useful in analyzing a company’s financial health. He goes through the reasons why he believes company financial reporting should be changed including the fact that current accounting practices are still based on tangible assets rather than intangible assets such as patents or brands. Levy explains why financial reporting used today completely misses out on much of the true value of a company. Subscribe for more SarderTV: http://bit.ly/1osk5yg Follow our Official Twitter: http://bit.ly/1tIwTzK Check out exclusive SarderTV content: Web - http://bit.ly/1xpv37D Facebook - http://on.fb.me/1EbljQi #ABOUT SARDERTV SarderTV is an independent, educational media company, focusing on the subjects that fascinate, inspire and teach executives. Because the relationship between success and learning is parallel, SarderTV provides exclusive interviews with the authors, leaders, and taste makers currently affecting industry. Led by Russell Sarder and a team of dynamic and creative programming and content creators, experienced leadership and seasoned advisors, SarderTV launched in 2012. SarderTV is an exciting, forward thinking media company focused on the promotion of learning.
Views: 2 Russell Sarder
Basic Accounting Terms | Accounting Terminology | LetsTute Accountancy
 
07:04
This session will help you to understand the basic accounting terminology/ basic accounting terms in a very easy language. This session is useful for anyone who wants to understand the basics of accounting. By watching this session you will be able to understand various basic accounting terms like what is a capital, what is a proprietor, what are fixed assets, what are goods, purchases, sales, creditor, debtor, etc. We have attached a PDF where one can get a quick glance of the whole chapter in few minutes. It will help you to understand what are the different objectives of accounting, it's importance, application, different terms used, etc. Also, there are objective type questions on the same. Link:- https://goo.gl/GP6FS6 You can buy our entire course on Accountancy : Amazon : https://goo.gl/c7Gq3m Udemy : https://bit.ly/2JwpfGJ Subscribe Us For More Updates: Link : https://goo.gl/pH6rtu Website : http://www.letstute.com/ To Get Regular Content Updates- Like Us On Facebook : https://www.facebook.com/letstutepage Follow Us On Twitter : https://twitter.com/letstute Add Us On Google+ for updates on our upcoming Videos https://plus.google.com/+Letstute Email us @ [email protected] WhatsApp your Queries on +91 7506363600 Visit our other channels LetsTute - Math / Sciecne / EVS http://bit.ly/1Q85cNP LetsTute Cbse Math https://goo.gl/kMGY4X LetsTute in Hindi https://www.youtube.com/channel/UCz17OJWV27c5FZKKBlLDXEw? Values to Lead (Value Education) http://bit.ly/1poLX8j
Views: 93392 Letstute Accountancy
Accounting Principles
 
09:56
This lecture is the part of basic accounting lecture series. This lecture is for dummies in accounting area who do not know the a,b and c of accounting. In this lecture, we will explain the main accounting principles.
Views: 11322 Svtuition
What Is a Balance Sheet? Balance Sheet Definition And Examples
 
05:20
The Balance Sheet helps us to assess the risk of the business. By looking at it you will be able to answer to questions, such as: What is the leverage? Is the company liquid enough? Remember, leverage means the proportion between equity and debt, while liquidity is the capacity of the business to repay for its short-term obligations, to run the operations. Do you want to learn more? Join our course at this link https://www.udemy.com/become-a-financial-analyst-from-scratch-n1/?couponCode=websitecoupon The Balance Sheet is comprised of two main sections: - Assets - Liability and Equity The Assets sections i comprised of: CURRENT ASSETS: -Cash -Petty Cash -Temporary Investments -Accounts Receivable -Inventory GET THE BOOK HERE: https://gum.co/rsooN NON - CURRENT ASSETS - Plant, Furniture, Equipment… and so on. Liabilities are comprised of: CURRENT LIABILITIES - Accounts Payable - Accrued Expenses - Short-term loans NON CURRENT LIABILITIES - Long-term loan Equity is comprised of: - Owner's Equity - Retained Earnings Video transcript: Hi my name is Grandpa John, I will guide you through the accounting section of the MBA in pills offered by the four week MBA. for more business educational videos. check out this link. we saw in the accounting equation video, that the balance sheet, is divided in two main sections. the asset section, and the liability and equity section. more in detail. the asset section is comprised of current assets, and non current assets. main current assets are. cash, accounts receivable, inventories. prepaid expenses. the current assets, are called such, because they are usually on the balance sheet for one year, or less. the current assets are usually listed, on the balance sheet, according to their degree of liquidity. therefore, cash is the most liquid, while prepaid expenses, the least liquid.cash, is available at any time. accounts receivable, sum of money to be received from customers. inventory, a list of goods to be sold. prepaid expenses, sum paid in advance. the non-current assets are also called, long term assets. indeed, those are assets that will stay on the balance sheet for years. such as plants, equipment, furniture, and so on. on the other side of the balance sheet, we have, the liabilities and equity. liabilities, are comprised of current liability and non current liability. current liabiltiies, stay on the balance sheet, for less than a year. non current, for more than a year. Let's see the main current liabilities. accounts payable, sum of money not yet paid to suppliers, that will be washed away, once paid. accrued expenses, sum of money to be paid in the future, such as, payrolls, or tax the main non current liability is, long term debt. such as loans contracted with the bank. then, the equity. in this sub section are reported items, such as, owner's equity, retained profits and other kind of stocks, issued by the organization. lets see now few examples. jim sold $100 worth of clothes. his customer, Janet, paid with credit card. therefore, this will generate an account receivable, for $100, on Jim's balance sheet. jim, has to pay for utilities. since it is the first time he set up the account. he has to pay for $1,000 in advance. this advanced payment, will be shown as, prepaid expense. jim, this month, did not sell part of the clothes he bought in the previous month. the unsold clothes, will become part of his inventories. then, Jim had to pay $50,000 cash, to renovate the store. this $50,000 will show on his balance sheet, as building improvement, therefore, a long term fixed asset. jim, buys clothes for $1,000, with credit card. the payment will be processed in 30 days. this transaction, will generate an account payable, on jim's balance sheet. Jim, goes to the bank, to ask for a long term loan. the bank gives Jim, $50,000. this will generate a bank loan. showed under long term liability, on Jim's balance sheet. after a while. Jim accepts a new partner, Jasmine. Jasmine puts $50,000 and becomes equity partner. this transaction, will show on the balance sheet, as owner's equity. in conclusion, the balance sheet, is one of the main financial statements. it is like an instant picture. and it helps us to assess how risky a business is. in fact, when a company is too indebted. you can see it from the balance sheet. if liabilities are too much in comparison to equity, this can be very dangerous for the business.to summarize. the balance sheet is comprised of two main sections. it is an instant of the business. and, allows us to see how risky a business is. if you liked this video, and you found the topic interesting please live a comment at these links. if you would like to learn more, about other topics, contact us. Grandpa John here. You just enjoyed the accounting section of the MBA in pills offered by the four week MBA.
Views: 289743 The Four-Week MBA
Accounting Assumptions and Principles | Intermediate Accounting | CPA Exam FAR | Chp 2 p 3
 
25:09
Conceptual framework for financial reporting, statement of financial accounting concepts, Conceptual framework, elements of financial statements, recognition and measurements, qualitative characteristics of accounting information, GAAP, SEC, FASB, CPA exam, he Entity Concept, The Accounting Period Concept, The Cost Principle, The Matching Concept, The revenue Recognition Principle, The Conservatism Principle, The Going Concern Principle. In the practice of financial accounting, certain basic assumptions are important to an understanding of the manner in which data are presented. The following four basic assumptions underlie the financial accounting structure: Economic Entity Assumption.  Economic activity can be identified with a particular unit of accountability in a manner that assumes the company is separate and distinct from its owners or other business units. Going Concern Assumption. In the absence of contrary information, a company is assumed to have a long life. The current relevance of the historical cost principle is dependent on the going-concern assumption. Monetary Unit Assumption. Money is the common denominator of economic activity and provides an appropriate basis for accounting measurement and analysis. The monetary unit is assumed to remain relatively stable over the years in terms of purchasing power. In essence, this assumption disregards any inflation or deflation in the economy in which the company operates. Periodicity Assumption. The economic activities of a company can be divided into artificial time periods for the purpose of providing the company’s periodic reports. Basic Principles 10. (L.O. 7) Certain basic principles are followed by accountants in recording and reporting the transactions of a business entity. These principles relate to how assets, liabilities, revenues, and expenses are to be identified, measured, and reported. Measurement Principle. A ‘mixed-attribute’ system permits the use of various measurement bases. Historical Cost Principle. Acquisition cost is considered a reliable basis upon which to account for assets and liabilities of a company. Historical cost has an advantage over other valuations, as it is thought to be verifiable. Fair Value Principle. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in on orderly transaction between market participants at the measurement date. Recently, GAAP has increasingly called for the use of fair value measurements in the financial statements. Revenue Recognition Principle. Revenue is recognized at the time in which the performance obligation is satisfied. Expense Recognition Principle. Recognition of expenses is related to net changes in assets and earning revenues. The expense recognition principle is implemented in accordance with the definition of expense by matching efforts (expenses) with accom-plishment (revenues). Product costs, such as material, labor, and overhead, attach to the product, and are recognized in the same period the products are sold. Period costs, such as officers’ salaries and other administrative expenses, attach to the period, and are recognized in the period incurred. Full Disclosure Principle. In the preparation of financial statements, the accountant should include sufficient information to influence the judgment and decision of an informed user. A series of judgmental tradeoffs must occur. Cost Constraint 11. (L.O. 8) Although accounting theory is based upon certain assumptions and the application of basic principles, there are some exceptions to these assumptions. One exception is often called a constraint, and sometimes justifies departures from basic accounting theory. Cost Constraint. The cost constraint (or cost-benefit relationship) relates to the notion that the benefits to be derived from providing certain accounting information should exceed the costs of providing that information. The difficulty in cost-benefit analysis is that the costs and especially the benefits are not always evident or measurable.
Basic Business Principles
 
10:04
http://learnfromjon.com If you've ever wondered just what it takes to succeed online, this video reveals the secret formula that EVERY successful marketer follows - online and offline. And the formula is only three steps long!
Views: 91204 Prosperative LLC
Basic Accounting Terms lecture 1 for class 11  by SANTOSH KUMAR(CA/CMA)
 
01:25:56
This is only a demo class. classes are available for CA/CMA/CS/B.COM( All universities), 11th, 12th. Classes are available in Returnable Pen drive mode. for any query, please contact us on 8448322142
Views: 298234 santosh kumar
Golden Rules of Accounting - 3 Main Principles
 
04:53
Golden Rules of Accounting - 3 Main Principles
Views: 134 Prakash Paudel
Basic Accounting Tutorial in Hindi - हिंदी में सीखें Accounting Golden Rules
 
10:06
Lean Basic Accounting in Hindi - हिंदी में सीखें Accounting, Accounting Golden Rules with Examples. ................. Subscribe our Channel, It's FREE: https://www.youtube.com/user/7starmedia?sub_confirmation=1 ------------------------------ Download Basic Accounting App (Debit Credit knowledge in Hindi): https://play.google.com/store/apps/details?id=com.basic.accounting --------Ye v jarur dekho, Others Parts in Hindi-------- Basic Accounting Part-2 (Questions and Answers with Ledger Name, Voucher Types and Entries) https://youtu.be/OgLP0SyB1vk ........ Basic Accounting Part-3 (Account Payable and Account Receivable): " Search on YouTube: 7 star media basic accounting part 3" ............. Download amazing All in One Services App Link: https://play.google.com/store/apps/details?id=com.govtdigital ------- What we covered in this App. Types of Accounts Ledger Names and Groups Use of Voucher Types Payment, Contra etc. with example Problems and its solutions Accounting Video Tutorials in Hindi --- #7StarMedia #Accounting
Easy to learn||Journal Entries in accounting[Important 24 Transactions]by kauserwise
 
52:59
Here is the video about Journal entries for 24 Transactions, with this we discussed 3 Golden Rules, what is Real Account, Personal account and Nominal account, hope this will help you to get the subject knowledge at the end. Thanks and All the best. To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research * Statistics *Due to some technical issue the video has came as monochrome mode. ▓▓▓▓░░░░───CONTRIBUTION ───░░░▓▓▓▓ If you like this video and wish to support this kauserwise channel, please contribute via, * Paytm a/c : 6383617203 * Western Union / MoneyGram [ Name: Kauser, Country: India & Email: [email protected] ] [Every contribution is helpful] Thanks & All the Best!!! ─────────────────────────── Journal entries in accounting, What is journal book, What is Golden rules Journal entries What is Personal account Journal entries What is Nominal account in journal entries Easy step to solve journal entries Trick to solve Journal entries
Views: 1545242 Kauser Wise
US GAAP vs. IFRS on the Financial Statements
 
21:58
You'll learn the key differences between US GAAP and IFRS on the 3 main financial statements (Income Statement, Balance Sheet, and Cash Flow Statement). By http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" You'll also learn how to adjust an international company's financial statements to make it easier to model and project over time. Table of Contents: 1:46 Why US GAAP vs. IFRS Matters 5:28 Income Statement Terminology Differences 7:34 Balance Sheet Differences 14:09 How to Adjust the Financial Statements for an IFRS Company 20:02 Recap and Summary Income Statement: The Income Statement is very similar regardless of the accounting system. Some items have different names (e.g., Revenue is often called Turnover and Net Income is often called Profit), but that's about it. Balance Sheet: There are more differences on the Balance Sheet - items are often arranged in a different order (sometimes Long-Term Assets are listed first, then Current Assets, then Equity, then Long-Term Liabilities and Current Liabilities at the end). The Balance Sheet itself is usually called the "Statement of Financial Position." Also, items within the Equity section often have different names: Common Stock is called "Share Capital" or "Issued Capital." Additional Paid-In Capital is often called the "Share Premium." Retained Earnings and Treasury Stock tend to have similar names. IFRS-based companies also have many "Reserve" categories for items such as FX translation differences and unrealized gains and losses. For US-based companies, these items show up within Accumulated Other Comprehensive Income (AOIC) rather than being split out into separate "Reserve" categories. But the FUNCTIONALITY of the Balance Sheet is still very similar (items still flow in and change the same way), even if items have different names or are grouped differently. Cash Flow Statement There are more differences on the Cash Flow Statement, because most US-based companies use the INDIRECT method and most international companies use the DIRECT method. The Indirect Method starts with Net Income, makes non-cash adjustments, and lists the changes in Working Capital in the Cash Flow from Operations section. The Direct Method simply lists the cash received from customers and cash paid to suppliers and employees, along with income taxes and interest and other expenses, and so you don't see the full details behind the non-cash adjustments and working capital spending. When this happens, it is much, much harder to link the financial statements because changes in items such as Accounts Receivable and Accounts Payable won't flow into anything on the Cash Flow Statement. So we recommend ADJUSTING the financial statements as follows: First, find a reconciliation between this Cash Flow Statement and the company's operating income and/or net income. Then, make the Cash Flow Statement start with Net Income instead, as it normally does, and include all the line items from this reconciliation (non-cash adjustments, Working Capital changes, etc.). And if there are still remaining differences between items such as income taxes and interest expense on the Income Statement vs. Cash Flow Statement, make adjusting entries on the CFS that indicate the true cash amount that a company paid for those. Further Resources http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-US-GAAP-vs-IFRS.xlsx Examples of Financial Statements for US-Based Companies: http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-US-Chuck-E-Cheese.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-US-Jazz-Pharmaceuticals.pdf Examples of Financial Statements for International Companies: http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Australia-Telstra.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Brazil-Ambev.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-China-TenCent.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-France-Vivendi.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-India-Infosys.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Japan-Suntory.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Korea-Samsung.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Mexico-FEMSA.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Russia-Rostelecom.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Saudi-Arabia-Saudi-Telecom.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Singapore-SG-Airlines.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-South-Africa-PPC.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-UAE-DP-World.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-UK-Easyjet.pdf
How To Do A Balance Sheet
 
05:37
http://www.accounting101.org/how-to-do-a-balance-sheet How to do a balance sheet: a balance sheet is a financial document that shows the assets, liabilities, and owners' equity of a company at a given point in time. It's different from the income statement in that it is a snapshot on any given day, whereas the income statement spans a time period. Most companies prepare their balance sheets quarterly and yearly. How To Do A Balance Sheet To put together a balance sheet, you'll obviously need all of the financial data from your different trial balances. In reality, the information for a balance sheet starts with the individual transactions, but the purpose of this article is just to show you how to organize a balance sheet. First of all, there are two sides to the balance sheet: the right and left side. On the left side, you'll have your assets. On the right side, you'll have two sections: liabilities and owners' equity. The left and right side will always be equal, and the main balance sheet equation is: Assets = Liabilities + Owners' Equity This makes sense because the Assets are on the left side, and it will always equal what is on the right side, which is the Liabilities and Owners' Equity accounts added together.
Views: 904644 SuperfastCPA
ACCOUNTING PRINCIPLES WITH EASY EXAMPLES. ACCOUNTS. PART - 1
 
04:02
IN THIS VIDEO ACCOUNTING PRINCIPLES EXPLAINED WITH EASY EXAMPLE, PICTRE, ETC.THIS IS THE BASIC OF ACCOUNTS AND MAIN FORMULA.
Easy method to learn||Introduction to accounting||Journal||Ledger||Trial balance||by kauserwise
 
27:35
Here is the video about Introduction to accounting. *What is journal and how to pass journal entries. *What is Ledger and how to post ledger. *What is Trial balance and how to do trial balance in accounting everything in simple manner. Hope this will help you to get the subject knowledge at the end. Thanks and All the best. ▓▓░───CONTRIBUTION ─░▓▓ If you like this video and wish to support this kauserwise channel, please contribute via, * Paytm a/c : 6383617203 * Western Union / MoneyGram [ Name: Kauser, Country: India & Email: [email protected]] [Every contribution is Helpful] Thanks & All the Best!!! ──────────────────── To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research * Statistics Playlists: For Financial accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnojfVAucCUHGmcAay_1ov46 For Cost and Management accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnpgUjlVR-znIRMFVF0A_aaA For Corporate accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnorJc6lonRWP4b39sZgUEhx For Operations Research - https://www.youtube.com/playlist?list=PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu For Statistics - https://www.youtube.com/playlist?list=PLabr9RWfBcnoJi5snMQQzDGYmb4ydFpTs
Views: 3322825 Kauser Wise
Cost Accounting: INTRODUCTION in HINDI Full Lectures
 
15:37
Eduattack is for Providing FREE VIDEO LECTURES LIBRARY, NO TERMS & CONDITIONS For IAS Commerce, SSC, CLAT, Banking, Other Competitive Entrances Exam, LLB, LLM, Law Classes, CA, CS, CMA, BCom, MCom, BBA, MBA and other Commerce Students
Views: 152393 Eduattack
book keeping and accounts  intro part 1
 
09:55
this video is an intro to book keeping in hindi (yeh ek introduction hai book keeping ka jaha apko basic be bataya hai book keeping kya hoti hai easy way me) notes ke liye apni email id comment box me daliye aur agar koi doubt ho toh question comment box me dale
Views: 70239 Last moment tuitions
Lecture - 38 Basic Inventory Principles
 
57:31
Lecture series on Project and Production Management by Prof. Arun kanda, Department of Mechanical Engineering, IIT Delhi. For more details on NPTEL visit http://nptel.iitm.ac.in
Views: 190347 nptelhrd
[#1] Introduction to Cost Accounting - (COST SHEET) :-by kauserwise
 
10:04
Introduction to Cost Accounting - (COST SHEET) Accounting tutorial, Elements of costs, Material cost, Labour cost, other expenses, Direct material cost, indirect material cost, direct labour cost, indirect labour cost, direct other expenses, indirect other expenses. Over heads. Factory over heads, office and administrative over heads, selling and distribution over heads. To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research Playlists: For Financial accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnojfVAucCUHGmcAay_1ov46 For Cost and Management accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnpgUjlVR-znIRMFVF0A_aaA For Corporate accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnorJc6lonRWP4b39sZgUEhx For Operations Research - https://www.youtube.com/playlist?list=PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu
Views: 734358 Kauser Wise
Basic Accounts in tamil
 
11:25
For classes Contact : Madhi Academy Chennai -600012 www.madhiacademy.com To Join E-Learning Course or Direct classes contact 7708941960 In this Video I explain about Basic accounts in tamil. ca ipcc coaching classes, ca cpt coaching classes For more information & Classes Contact :7708941960 - Chennai
Views: 243286 Madhi Academy Tamil
Managerial versus Financial Accounting; Accounting Equation; Accounting Principles - video
 
10:18
Very brief review of financial accounting: accounting equation, matching principle, and revenue recognition principle; with a short discussion on the differences in financial and managerial accounting. Other Videos in this series: Part 2 - Service Company Part 3 - Merchandising Company Part 4 - Manufacturing Company Part 5 - Manufacturing Company Costs For more accounting/how to eLectures (and accompanying lecture notes), blog and a discount text-bookstore visit www.TheAccountingDr.com Please note that videos may require Flash media and may not play on devices without Flash capabilities (i.e. iPad)
Accounting Principles - CPA FAR Review
 
02:21
Accounting Principles 1. Measurement Attributes __ # historical cost: the market value of the item on the date of acquisition; this value is not changed even though market value changes. __ # net realizable value: the approximate liquidation value or selling price of the item. __ # current replacement cost: the current replacement cost of the item from the buyer's perspective. __ # fair value: current market value of the item, in an orderly transaction. __ # amortized cost: the historical cost less the accumulated amortization or depreciation of the item. __ # net present value: the value determined from discounting the expected future cash flows of the item. 2. Revenue Recognition Principle __ # Revenue: increases in assets or the extinguishment of liabilities from the main activities of the firm. __ # Recognition: when the entity completes its performance obligation to a customer and the revenue is earned and realized. __ # Measurement: revenues are measured at the cash equivalent amount of the good or service provided 3. Expense Recognition Principle __ # The matching principle: expenses are recognized only when expenditures help to produce revenues; revenues match expenses 4. Full Disclosure Principle __ # Financial statements should present all information needed by an informed reader to make an economic decision. __________________________________________________________________________________________________ From Accounting Conception Summary The FASB's Statements of Financial Accounting Concepts 1. Objective of financial reporting __ a) to provide information to enhance investors' and creditors' understanding about the entity 2. Qualitative characteristics of accounting information __ a) Primary qualitative characteristics ____ i.Relevance ______ # Predictive value ______ # Confirmatory value ______ # Materiality ____ ii. Faithful representation ______ # Completeness ______ # Neutrality ______ # Free from error __ b) Enhancing qualitative characteristics ______ + Comparability ______ + Verifiability ______ + Timeliness ______ + Understandability 3. Accounting assumptions __ a) Entity Assumption __ b) Going Concern Assumption __ c) Unit-of-Measure Assumption __ d) Time Period Assumption 4. Basic accounting principles __ a) Concepts of Measurement __ b) Revenue Recognition Principle __ c) Expense Recognition Principle __ d) Full Disclosure Principle 5. Cost constraint the cost of providing the information should not exceeds its benefit
Views: 1158 Faithful Runner
Nonprofit Accounting Basics
 
30:54
In this episode of Aplos Academy you'll learn the basics behind nonprofit accounting, including how fund accounting works, how to create a nonprofit chart of accounts, and important nonprofit reporting requirements.
Views: 23855 Aplos
MCQs on Accounts (Hindi)-B.COM, M.COM, NET/SET
 
24:23
In this video I have explained various objective type questions asked in various exams based on basics of accounting and accounting concepts and conventions. Accounting Principles are universal. All over the world accounts are made in accordance with these principles You will easily learn about the accounting principles through this video. Picture credit:https://goo.gl/NrQyuz Hope everyone likes it . Thank You .Like , Share , Subscribe. Youtube: https://goo.gl/PQzxwb Facebook: https://goo.gl/8ZXaVE Facebook Myself (Niraj Pandey) : https://goo.gl/MALwou Instagram: http://instagram.com/study.commerce007 Website: http://studycommercechannel.weebly.com Telegram: http://t.me/studycommerce About: Study Commerce is a YouTube Channel, where you will find videos on the subjects of Commerce in Hindi. New video is Posted on every Saturday at 7 P.M. :)
Views: 141078 STUDY COMMERCE
S4HANA GAAP settings and requeriments #1
 
02:54
The Generally Accepted Accounting Principles is the accounting rules for financial reporting. This video series will demonstrate the main settings and impacts of Accounting principle in S/4HANA https://www.youtube.com/channel/UCU-5rSu6bdVeJEX7zQ-mOew?sub_confirmation=1
Views: 47 SAP Mentor 700
Tally Erp 9 Complete Basic Accounting Class with Example (HINDI)-Day 1|Journal Entries example Tally
 
22:20
Learn Tally ERP 9 Basic Accounting Entries Concepts Such as What is Debit & Credit, Accounting Rules, Ledger Classification, Types of Accounts Personal Account, Real Account, Nominal Account and Basic Entries with Practices Exercises for You, this is a Full Hindi tutorial with practical Approach to Learn Tally Accounting Concepts. It is a Basic Introduction or prerequisite education to Learn Tally Erp 9.it is Tally Erp 9 Complete Basic Accounting Class with Example. To learn Tally ERP 9 Course we explain learn basic accounting in tally. if you want to learn tally with gst then it is your first learn basic accounting class to start tally with gst. 👉Watch All Day by Day Videos's Day-2 INTRODUCTION to TALLY ERP 9 https://www.youtube.com/watch?v=XCszfm-6nBY&t=1s 👉GST Accounting Entries in Tally Day by Day – https://www.youtube.com/playlist?list=PLlDtUyWdJwXWXAGj_W0peoAfenOKHeCYN 👉Day-3 Company Creation, Alteration, Tally Password https://www.youtube.com/watch?v=pqLoH8ObJ_M 👉Day-4 Concept of Groups in Tally https://www.youtube.com/watch?v=6wi9BGM4iLA 👉Day-5 How to Create Ledgers- https://www.youtube.com/watch?v=Cb6QLeXs_OU 👉Day-6 Voucher Entry -Contra, Payment, Receipt, Journal, Sales, Purchase Voucher https://www.youtube.com/watch?v=tGX9iZSWu9I 👉Day 7- Watch All Bank Transaction Entries in Tally- https://www.youtube.com/watch?v=QV1M0ALJPOA 👉Day 8- Discount Related Entries in Tally | Cash or Trade Discount | All About Discount Tally https://www.youtube.com/watch?v=AfMlAyxw3j8&index=8&list=PLlDtUyWdJwXXx8VkVuPoRuqbVJzOBj9Cv&t=25s 👉Day-9- Basic Adjustment Entries|Journal Voucher Entries https://www.youtube.com/watch?v=IYBoqln8uK4&index=9&list=PLlDtUyWdJwXXx8VkVuPoRuqbVJzOBj9Cv&t=25s 👉DAY-10- Common Tally Problems Dr/ Cr Mode|Single Payment Modehttps://www.youtube.com/watch?v=43azz8FC89A&index=10&list=PLlDtUyWdJwXXx8VkVuPoRuqbVJzOBj9Cv 👉Download Practices Entries form our blog: http://cpitudaipur.blogspot.in/ 👉Watch Tally Shortcut and Tricks: https://www.youtube.com/watch?v=s2vcoM6kF8M&t=25s 👉Watch how to Run Tally in Pen Drive: https://www.youtube.com/watch?v=48yH5o4ytLA 👉Watch Tally Calculator Tricks: https://www.youtube.com/watch?v=wdTXMZIfdh4 👉Visit Our Website: https://cpitudaipur.com 👉Visit Our Facebook Page: http://facebook.com/cpitudr 👉Please Subscribe to Our Channel https://www.youtube.com/channel/UCSMsxXvvi-7XvygtsMWRBOg
Partnership accounting [Preparation of Capital A/C] :-by kauserwise
 
20:41
▓▓▓▓░░░░───CONTRIBUTION ───░░░▓▓▓▓ If you like this video and wish to support this kauserwise channel, please contribute via, * Paytm a/c : 7401428918 * Paypal a/c : www.paypal.me/kauserwisetutorial [Every contribution is helpful] Thanks & All the Best!!! ─────────────────────────── Accounts of partnership - Preparation of Capital Account with Solved problem, in this video we discussed about partnership deed, profit sharing ratio, interest on loan,interest on capital, salary of partner, interest on drawings, what is fluctuating method, fixed capital method, capital account and current account. To watch more tutorials, https://www.youtube.com/c/kauserwise please subscribe.
Views: 369383 Kauser Wise
Accounting for beginners #8 /  Depreciation Expense / Basics
 
05:51
https://www.youtube.com/playlist?list=PLT-zZCow6v8t5_2RQDnAOQHfQiBYDw26z BEST ACCOUNTING PLAYLIST ON YOUTUBE !!!!!!!! I go over the Calculating Depreciation Expense, using Straight Line Depreciation technique, in this Basic Accounting Tutorial for Beginners. The easiest way to keeps debits and credits, and Assets = Liabilities + Equity ( Accounting Equation) straight. This is how i passed the CPA Exam to become a licensed CPA in the State of Florida. You can use the information in the video on your first day of Accounting class all the way tho being a CPA. Debits, Credits, Assets, Draw, Expenses, Liabilities, Equity, Revenue. This video has a very basic example and can be used in the most advanced situations. Learn Debits and Credits and the basic accounting equation which is assets = liabilities + equity. This will also help with the income statement which is Revenues - Expenses. I hope you enjoy the video. In this video i go over journal entries. Get your tips here in this accounting for beginners video. There is also information on the balance sheet here in this video. I also go over Accounts Receivable, Accounts Payable, Depreciation, Accumulated Depreciation, Putting Assets on the books, Fifo and Lifo Inventory Valuation, and so much more in this series for beginners. Accounting For Beginners #1 https://www.youtube.com/watch?v=_pTU4gwmcMs Debits and Credits / Assets = Liabilities + Equity Accounting For Beginners #2 https://www.youtube.com/watch?v=0--jJn6zqfg Basics / Accounting Equation Accounting For Beginners #3 https://www.youtube.com/watch?v=YXFEEr3qHIo Journal Entries / Beginner Tips Accounting For Beginners #4 https://www.youtube.com/watch?v=Yy1DtVND7yo Income Statement / Revenue - Expenses Accounting For Beginners #5 https://www.youtube.com/watch?v=fEtBFB_Nq-o The Balance Sheet / Basic Tutorial Accounting For Beginners #6 https://www.youtube.com/watch?v=XyB3mmzQ_jU Putting an Asset on the Balance Sheet Accounting For Beginners #7 https://www.youtube.com/watch?v=H4udCOiU8i8 Depreciating an Asset / Basics Accounting For Beginners #8 https://www.youtube.com/watch?v=xjXgpnUEgFI Depreciation Expense / Basics Accounting For Beginners #9 https://www.youtube.com/watch?v=QFV6PGIMT5M Accounts Receivable / Basics Accounting For Beginners #10 https://www.youtube.com/watch?v=xQ0u_QocSO4 Accounts Payable / Basics Accounting For Beginners #11 https://www.youtube.com/watch?v=tFA9HD3-7SI Fifo and Lifo Inventory / Basics Accounting For Beginners #12 https://www.youtube.com/watch?v=Z-g1Tnf3oi4 1 Journal Entry With 2 Assets / Basics Accounting For Beginners #13 https://www.youtube.com/watch?v=ds2Y0MxzMBA Accounting Study Guide / Template Accounting For Beginners #14 https://www.youtube.com/watch?v=BU9emeoLKX0 Journal Entry with Cash / Expense Accounting For Beginners #15 https://www.youtube.com/watch?v=kwCtASXQRLU Journal Entry With Cash / Revenue Accounting For Beginners #16 https://www.youtube.com/watch?v=1YrcjlHFBZ0 Debits & Credits / Negative Asset Accounting For Beginners #17 https://www.youtube.com/watch?v=amf1hyptG70&t=25s T-Accounts / Debits and Credits / Accounting 101 Accounting For Beginners #18 https://www.youtube.com/watch?v=18zPzkMbS2c What is a Draw? / Withdraw / Distribution / Dividend / Equity Accounting for Beginners #19 https://www.youtube.com/watch?v=r43j010KT58 Don't Abbreviate / Accounting 101 / Basics Accounting For Beginners #20 https://www.youtube.com/watch?v=yXJVISZA8yU Chart of Accounts / Assets, Liabilities, Equity, Revenues, Expenses Accounting For Beginners #21 https://www.youtube.com/watch?v=CK9NgJoqJa4 T Account Example / Accounting Tutorial Accounting For Beginners #22 https://www.youtube.com/watch?v=EC93RsvgK9E&t=25s Trial Balance Unadjusted / Accounting Basics Accounting For Beginners #23 https://www.youtube.com/watch?v=-9-LAnE61lw&t=25s Cash in a Bank Account / Checking Account / Basic Accounting Accounting For Beginners #24 https://www.youtube.com/watch?v=aUjVslkn4HI&t=25s Does The Transaction Increase Assets / Accounting Basics Accounting for Beginners #25 https://www.youtube.com/watch?v=zKreBUTJx5E&t=25s Accounts Receivable Example / Accounting 101 / Accounting Basics Accounting For Beginners #26 https://www.youtube.com/watch?v=66YddsOGau0&t=312s Reducing Accounts Receivable / We got Paid / Accounting basics #Accounting #Exercise #CPA #Accounting #Exercise #CPA
Views: 125545 CPA Strength
General Ledger and Chart of Accounts | Principles of Accounting
 
05:56
Learn all about the general ledger and chart of accounts in just a few minutes! Fabio Ambrosio, CPA, instructor of accounting at the Central Washington University, explains the purpose of the general ledger, general journal, and chart of accounts, as well as the importance of grouping accounts.This video is part of a complete, condensed Principles of Accounting series presented in short, digestible summaries. Access the free study guides for Principles of Accounting here: https://www.coursehero.com/sg/principles-of-accounting/ Course Hero's Principles of Accounting video series covers the essentials of introductory accounting. Our short digest covers everything you need to know about the accounting cycle, accounting systems and controls, accounting for receivables and long-term assets, accounting for liabilities and equities, entity organizations and business analysis. The video series begins with an introduction to Generally Accepted Accounting Principles (GAAP) and an exploration of accounting systems. It continues with an exploration of journalizing, trial balances, and the adjusting process that leads to the creation of the four major financial statements companies produce: income statement, statement of owner’s equity, balance sheet and statement of cash flows. Along the way, you'll learn about: • GAAP and other legal requirements for accounting and reporting • The Accounting Equation • Single-Step and Multiple-Step Financial Statements • Double-Entry and Manual Accounting Systems • The General Ledger and Chart of Accountings • Trial balances and the adjusting process • Ethical standards in accounting The series continues by providing a deeper understanding of how entities employ accounting principles, including: • Accounting for merchandising businesses, including inventory costing methods and systems • Internal and cash controls • Accounting for receivables and long-term assets • Accounting for current liabilities and payroll, long-term liabilities and investments • Categories of businesses and the four types of business entities • Corporate annual reports Finally, the Principles of Accounting crash course includes a primer on business analysis tools, including preparation of a statement of cash flows and the uses ratio analysis. Additional concepts we cover in these quick videos include: accounts payable, accrual basis accounting, cash basis accounting, Financial Accounting Standards Board (FASB), periodic and perpetual inventory systems, horizontal analysis, vertical analysis, liquidity analysis, matching principle, proprietorship, limited liability company (LLC), partnerships, operating income, Sarbanes-Oxley Act (SOX), subsidiary ledgers and single-step income statements. Explore Course Hero’s collection of free Business and Accounting Study Guides here: https://www.coursehero.com/sg/ About Course Hero: Course Hero helps empower students and educators to succeed! We’re fueled by a passionate community of students and educators who share their course-specific knowledge and resources to help others learn. Learn more at http://www.coursehero.com. Master Your Classes with Course Hero! Get the latest updates: Facebook: https://www.facebook.com/coursehero Twitter: https://twitter.com/coursehero
Views: 47 Course Hero
Trial balance in accounting with [ 3 GOLDEN RULES ]  simple tutorial :- by kauserwise
 
38:33
Trial balance in accounting (with 3 GOLDEN RULES) simple tutorial and easy to understand, In this video we discussed, what is real account, nominal account, personal account, credit... in simple manner, hope this will help you to understand the trial balance easily. To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research * Statistics ▓▓▓▓░░░░───CONTRIBUTION ───░░░▓▓▓▓ If you like this video and wish to support this kauserwise channel, please contribute via, * Paytm a/c : 6383617203 * Western Union / MoneyGram [ Name: Kauser, Country: India & Email: [email protected] ] [Every contribution is helpful] Thanks & All the Best!!! ─────────────────────────── What is trial balance Trial balance in accounting
Views: Kauser Wise
Insurance - Basics and Types
 
23:49
In this video I explain what is Insurance, the general principles, and types of Life, Fire and Marine insurance
Views: 356454 Professor Vipin
Accounting का गुरुमंत्र | Basic Accounting Principals | Fundamentals of Accounting
 
02:37
Accounting का गुरुमंत्र | Basic Rules of Accounting: This video describe main rules of Accounting. Our accounting system is based on these Golden Rules of Accounting, Debit The Receiver, Credit The Giver This principle is used in the case of personal accounts. When a person gives something to the organization, it becomes an inflow and therefore the person must be credit in the books of accounts. The converse of this is also true, which is why the receiver needs to be debited. Debit What Comes In, Credit What Goes Out This principle is applied in case of real accounts. Real accounts involve machinery, land and building etc.
Views: 458 Rachna Study Studio
Accounting basics & Journal entries - Accounting Class 11 - By CA. Pardeep Jha
 
01:13:27
Accounting basics & Journal entries by CA. Pardeep Jha, for XIth C.B.S.E. | Journal Class 11 | You can See all the available video from This Playlist - https://www.youtube.com/watch?v=2r1eShL3voU&list=PLw1kQNmmny4E5tjBd47NpvybWOjEAL6yK To Download Assignment Please visit download section of - www.winningquest.com For questions and Queries you can join us Facebook and whatsapp- You can Join our Facebook page - You can Join our Facebook Group at - https://www.facebook.com/groups/winningquest You can Join our Whatsapp Group at - https://chat.whatsapp.com/9ZpYBDlevBX2XuI0h88pJn This Lecture Include - 1. How to identify and journalise business Transaction 2. What is Account. 3. How to pass Entries in the books of account. 4. Rules of Debit and Credit 5. Golden Rule of Accounting 6. How to use Golden rule of Accounting to pass journal Entries 7. What is entity concept 8. What is Assets 9. What is Liability 10. What is Capital 11. How we record transactions in the books of business 12. Business is different from its owners You can Ask your Queries here or on our Facebook Page www.facebook.com/winningquest #Accountancy #JournalEntries #MoreViews #Winningquest #LearnAccountancy #EasyAccountancy
Views: 1401294 Winning Quest
Rules of Debit and Credit - Part 1 of 4 by Vijay Adarsh | Class 11 | Stay Learning | (HINDI)
 
09:24
Rules of Dr. and Cr. by Vijay Adarsh Classification of Accounts: 1) Modern Approach 2) Traditional Approach 1) Modern Approach: a) Assets b) Liabilities c) Capital d) Revenue e) Expenses 2) Traditional Approach: a) Personal Accounts b) Real Accounts c) Nominal Accounts To View Full Video Lectures Visit - https://bit.ly/2PEEnUC ★ ACCOUNTS VIDEOS ★ https://www.youtube.com/channel/UCAXbiqmSkp9Sse4guGRMqDw?view_as=subscriber ★ COST ACCOUNTING VIDEOS ★ https://www.youtube.com/channel/UCAXbiqmSkp9Sse4guGRMqDw?view_as=subscriber ★ FINANCIAL MANAGEMENT VIDEOS ★ https://www.youtube.com/channel/UCAXbiqmSkp9Sse4guGRMqDw?view_as=subscriber ★ ECONOMICS VIDEOS ★ https://www.youtube.com/channel/UCK5RB8xNW_iOXz-rcGJZyTw?view_as=subscriber ★ INCOME TAX VIDEOS ★ https://www.youtube.com/channel/UCRRFVa1axTUdwZzc4Ta42XQ?view_as=subscriber ★ MATHS VIDEOS ★ https://www.youtube.com/channel/UCaIY3jMl7QDUWN6P6kSUYWw?view_as=subscriber STUDY TIPS ऐसे पढोगे तो हमेशा TOPPER बनोगे | Study Tips https://bit.ly/2QUXaew ENGLISH – Fatafat (Easy Way to Learn English) अंग्रेजी सीखें - फटाफट https://bit.ly/2PoAF4H ★ ExpertMotivation Channel https://bit.ly/2EsPBKC ★ For Any Information Video classes & Face To Face Batches Call +91 9268373738 E-mail: [email protected] (We Prefer emails rather than calls) Call timings Monday to Friday - Morning 10 to Evening 7 FACEBOOK: https://www.facebook.com/VijayAdarshIndia WEBSITE: http://www.vijayadarsh.com
Views: 733267 StayLearning
JAIIB (Principles of Banking) Imp Questions with Concept Explanation - 1
 
20:12
Discussion on Important Questions of JAIIB (Principles and Practice of Banking) papers
Views: 128850 Ns Toor

Lenny leblanc one desire free download
Texas ranger baseball score
Adopt dog wisconsin
Cnmemory airy treiber download free
Yellowhouse machinery amarillo tx