Horizontal Analysis Of The Income Statement

[@davidblankson6508]

Thank you sir, watching from Ghana West Africa 🌍

[@TheFinancialController]

Thanks for watching!

[@mrmartywaring]

This is one exercise I have to perform monthly. As a matter of fact, mine is due tomorrow 😃

[@Jessty]

I studied accountability but idk how to explain it in english, it's a lil difficult for me. But this videos are very helpfull thx

[@uignireddngfiurdsgfiurdse]

Thank you. This has been very helpful, like your previous videos had been. Can I please request a video on how to make EBITDA and working capital adjustments in due diligence and valuation?

[@Audiovisual00]

Amazing Video Bill,It was so creative how your spouse was analysing the statement haha 😃.Between,do the foriegn exchange rate attribute to the sales difference,would it not be moved straight to exchange variance loss or gain?Sorry, if I am wrong.

[@pieroquintoj]

Very Funny you're both make fancy match as a couple😇

[@TheFinancialController]

haha, thank you!

[@enashijazi7141]

What do we do if we miss an accrual?? Do we go back and make it in old date. Or make an adjustment JE/ also if we don't have the accurate amount of that invoice??? can you explain this please

[@TheFinancialController]

You should perform an horizontal analysis toward the end of closing of the period. Make it part of the close. This way, any missing accrual could be booked in the period and not have to book it in the subsequent period.

[@gbrcllc]

In analyzing is there an average percentage that indicates the accounts are doesn't require an indepth review?

[@TheFinancialController]

The amount/percent of the threshold for investigation should be discussed with your finance leadership as it needs to take into account the size of the org, what investors are focused on, etc

[@OscarOwenn]

There can be no doubt that this year will be worse than the last. I lost a lot of money last year as a result of making bad investing decisions that I would not have made if I hadn't been so worried about my portfolio. I continued to invest, but I wasn't sure if I should start saving for a house. I ultimately had to sell everything I owned since the house required more upkeep than I had anticipated. I'm not sure how long I can continue in this manner.

[@arieszhang3335]

Can you believe my boss gave me just the profit amount and profit ratio and asked me to create a profit and loss statement? And I actually did it!😜🤣