Prepare Cashflow Statement in 10 Minutes: Indirect Method

[@JarlTryggve]

This was really fun to watch. Much more interesting than my accounting textbook! Thank you for taking the time to explain this at a level a rookie can understand. I really enjoy your videos!

[@404TRUCKERTV]

man I don't know why accounting professors can't just teach this easy. cash flow statement always have me confused until now. Is it good or bad for cash? that makes so much sense lol.

[@TheFinancialController]

Thinking of putting that on a tshirt. Thanks!

[@Remueru3]

thank you Mr. ​@@TheFinancialController

[@shubhaacharya7847]

Easy

[@ibrahimgabal4216]

Thank you very much it is the first time for me to fully understand cash flow statement

[@paulmanoti1070]

you just saved my life, The Indirect method has been a block for me to achieve my CPA finalist status.... Receive love from Kenya . It is a shame that i am getting to know you this late... You make accounting to be fun learning

[@khanhlinhang9456]

You have just saved my life and my exam. Thank youuuuu

[@SkateTakesTheWorld]

I recently landed my job as an audit associate at of the big4 firms, thank you for the great inspiration and tips

[@ltran6535]

Congrats!

[@jojojojo-pu1pt]

omg I started to love accounting thanks to you.

[@TheFinancialController]

Thanks a lot

[@missy567ful]

I used to wreck my brain on the logic behind why we're adding or subtracting non cash items from net income, but you cleared that up. When ypu read verbiage in a book, you want to understand everything, but everyone's explanation could use some fine tuning to see the bigger picture of things and you truly are breaking things down for me. Thank you so much!

[@TheFinancialController]

happy it makes sense!

[@musicreboost]

Absolutely cool video! Helpful! Especially to understand what’s good for cash - it makes sense right way. I will rewatch it again to solve tasks faster

[@TheFinancialController]

Glad it was helpful!

[@subedivlogs4587]

Thanks for your Vedio, I am getting more support from your vedio . thank you you are my real teacher . Lots of love from nepal

[@maouetiaymen]

I have been watching you since 2020, and I cant wait you for the nexet video, your way that you explain is very professional and very easy in the same time , thank you 😊

[@shuyebrizvi6002]

How amazing method of teaching, your videos are very 2 informative and easily understandable. I m really a big fan of u. God bless u .

[@carenasemerel1953]

Omg, This video is so helpful.. you should become an accounting professor… Thank you so much.. Now I overstand..

[@ditabahari5295]

The clear explanation plus the use of excel really help us to follow the logic behind it, thanks a lot!

[@TheFinancialController]

Glad it was helpful!

[@mariafernandasanchez6459]

Very helpful. The statement of cash flow was one of the most difficult to analyse for me and you explain it clearly, concise, making it easier to understand. Thank you so much.

[@TheFinancialController]

Glad it was helpful Maria!

[@themanfromoregon6047]

I've been rewatching this regularly. In my associates program, we only focused on Income Statement, Statement of OE and Balance sheet, so this is the next big step we flow into during the Bachelors program. This is a super helpful video, and as a tutor, this is the kind of explanation I want to fully understand when I eventually help other students reach their goals.

[@TheFinancialController]

Thank you for watching and commenting!

[@xx-kp2qp]

Finally I understood it!!! I am glad I did b4 I leave this life.. Life without understanding cash flow statement is no life at all 😅

[@TheFinancialController]

Haha nice

[@nannee4282]

God bless you! You helped me to understand the cash flow statement, keep up the good work.

[@martinkohn6231]

Thanks a lot for your efforts in making this video. It makes the subject of cash flow easy to understand.

[@alimohamedahmed2328]

Thank you so much, I watched many videos, but it wasn't as what you are given us , thanks again

[@chenxixia585]

Thank you so much! This is the by far the most well explained video on cash flow!

[@TheFinancialController]

Glad it was helpful!

[@HappyEmileHeskey]

Thanks for explaining, I always used AIR (Assets Increase, Remove) but this actually helps with the underlying understanding. Many thanks!

[@Channelll111]

Great to upgrade my knowledge after watching your random videos that appear on my timeline. Thanks!

[@poonamdeshpande9371]

Thank you, i have watched many videos on preparing cash flow, this is the best.

[@rasiajones1835]

Very clear explanation! Thank you!

[@TheFinancialController]

Glad you enjoyed it!

[@gloriawitek6401]

We look forward to viewing all of your videos. Viewers, stick with this channel. The others seem to flounder.

[@colouroflife5504]

Was looking for simple explanation. Finally i got it. Thanks a lot.

[@markrongan6500]

Man this video has helped me to really understand indirect method. Thank you. 😊

[@TheFinancialController]

Great to hear!

[@rasraster]

Beautifully explained. You're a great teacher

[@TheFinancialController]

Thank you!!

[@gloriawitek6401]

You made this so easy. This means you really get it so you can help others to understand. Loved the presentation. Wishing you continued success in your career. I wish I could subscribe 10 times more.

[@TheFinancialController]

Glad it was helpful!

[@shahjadamonsur1110]

Bulls eye with simple explanation... 👍

[@AbdullahGalal]

Great explanation! I like the qustion "Is it good or bad for cash" I'm preparing a video to show how the cash flow statement works in the ERP system SAP S4HANA and this is a big help. Thank you!

[@TheFinancialController]

Good stuff!

[@manikaur748]

Thank you for explaining it so thoroughly! I am currently studying for my CPA FAR exam, so this video was extremely helpful!

[@TheFinancialController]

Glad it was helpful!

[@ramajaya811]

Thank you so much bill. Since studying Accounting, Cash Flow is always difficult to learn. But now, I could under stand the concept

[@jasjeetsingh6220]

extremely well explained.. very simplified and clear.. appriciate this..

[@FundamentalEconomics]

Love from 🇧🇩🇧🇩🇧🇩 Bangladesh, Sir

[@Vasantha.Praveen]

your videos are always very clear and effective

[@张淑佳-g9u]

Ups and downs are inevitable in life. The more favourable the situation, the humbler we need to be. Keep bitterness to ourselves and leave happiness to others.

[@zedanzaki]

Wonderful job Mr Bill henna you really helping accountants , but make videos by using the inter active smart board so it will very good to watch all the explanation

[@yehiazakaria1545]

Thank you for sharing this valuable information. Much appreciated. On the other side , I prepare myself for upcoming accounting / finance interview for Accounting supervisor / finance section head / head of accounts receivable. Accordingly; could you please advise me about the topics that I should review before the interview for the mentioned positions or what's the questions that the interviewer might be ask me ? Thanks in advance

[@Miriamfeghaly00110]

Hi, I really like your content and how you explain things in an easy manner! Can you please do some videos about fund accounting and accounting in non-profits ( like foundations and organizations that are grant-funded)? It would really help me and other people! Thank you!

[@mithunsaha1]

WELL EXPLAINED BRAVO SIR....... SO SIMPLE BUT LUCID GR8

[@TheFinancialController]

Thanks Mithun!

[@rayanamer2999]

Thanks man, you are brilliant and doing great things to others 👍🏼

[@TheFinancialController]

I appreciate that!

[@qwertz9501]

i like your kind of videos and your deeply explanations with practicle backing up storys: keep on grinding & uploading content "free" to watch on yt.

[@nabeelkhan00]

Great explanation 👍

[@ahss6275]

Excellent explanation & video. 👏👍

[@sarahr9964]

I have exam next week and I couldn't understand this indirect method. Thank you so much

[@TheFinancialController]

You are most welcome

[@alkidabanollari]

Excellent explanation !

[@TheFinancialController]

Glad you liked it!

[@md.ripanpatwary7961]

Well explained, thanks and well-done. your videos are always very clear and effective.

[@deniisnandahidayat7266]

you make it look so easy, thank you so much.

[@gauudi8230]

Easy to follow. Great content!

[@noorsivi1384]

very well explained. thanks

[@CPATuttle]

This was a good refresher!

[@nathannguyen4127]

Great video! easy to understand!

[@TheFinancialController]

Glad to hear that!

[@aaroacademy]

Thank you for this Presentation. Much appreciated.

[@safwaneeidel6649]

Thanks for the video ! It was really helpful :)

[@mustaphaoyinlola2692]

Well explained, thanks and well-done. Great FC!

[@arbazahmad7177]

Well explained 👏...

[@lucatintor4896]

Excellent video.

[@mariambennasr4549]

Well explained thanks 👍

[@petertenay1785]

U never fail

[@TheEgunjobi]

Highly recommended. 👍🏽

[@omedaubed]

It is very useful, thanks

[@NasreenMasha-um6pv]

Thank you nice tricks to make us understand

[@TheFinancialController]

It's my pleasure

[@Сширокозакрытымиглазами-п3п]

Love your explanation! Thanks a lot for this videos!

[@KingOFFLINE]

Great explanation!

[@TheFinancialController]

Glad it was helpful!

[@Wale_mo]

Good job 👍

[@ranjithkumar-hd6kc]

Very much helpful.. thansk

[@NS-tz3nt]

Thank you so much ! Do you have any suggestions where I can go to learn about this and Canadian Intermediate Accounting course ? It would be greatly appreciated if you did and would help me so much in my course . Thank you !

[@PaulZougras]

For those studying in college or for FAR - YOU MUST WACTH THIS VIDEO!

[@zakiqadiri4065]

Thank you sir. Easy to understand ! Is it good or bad for CASh?!👌🏽

[@andreraphael1875]

Wow! Great accountant

[@tshegomotaung5249]

this was a fun lesson

[@MahyarAstani]

Thank you for this great video

[@TheFinancialController]

Glad you enjoyed it!

[@TheJdelgomes]

Excelente vídeo. Thank you

[@angelopitruzzella3985]

Great video!

[@TheFinancialController]

Thanks!

[@investorslifepk]

Appreciate it, valuable

[@rachelcoleman4824]

Wonderful!

[@kelexqiang5]

Very useful. Thks

[@asj2749]

Good video, thank you. How come for when making a profit for selling equipment in the operating section in the cash flow statement it shows it as a negative value. Can anyone explain this?

[@mintp889]

THANK YOU!

[@musicreboost]

Bill, I would ask in case we have dividends to pay - how it would be recorded in CFS?

[@mariosxenos3795]

Hi there, regarding the equipment purchase difference, don't we count the year end additions before deprecation, i.e. Equipment 20X1 + Depreciation 20X1 - Equipment 20X0? Thank you!

[@godisgoodgood62]

Thank you for your explanation! One question I want to ask you is; I have two job offers, one is from a Big four another one is a small accounting firm. The pay is almost the same so I'm kind of confused which one to choose for someone who is coming out of college? Thank you once again!

[@TheFinancialController]

Big 4.

[@thecrazymonks01]

Awesome..thanx a lot.

[@sbid1]

quick question: is shareholders equity going up not included in the financing cash flow?

[@TheJaebeomPark]

I like your explanation. is that right when calculating cash inflow from investing activities depreciation should be considered as well?

[@nurmohammed504]

Thank very much

[@blixerblacking4211]

what is the difference between cash flow and net income? when the owner takes his net profit by the end of year doesn't that generate outflow of cash?

[@hotsmissed9965]

Do you have an accounting course ? I wanna learn from you

[@TheFinancialController]

Yes it’s on my website

[@aboobacker4]

Dear sir, thank you for the video, you had not mentioned about what is the impact of accrued interest and earned interest, could you please give a reply

[@jenniferlim2250]

Hi Bill. Is there a way to automate/semi-automate the preparation of this CFS statement?

[@JesusisLord78]

Nice but just wanted to know what that light behind you mean because I see it in all your videos. Is it your logo?

[@TheFinancialController]

thanks, the light isn't a logo, just looks nice

[@christophermoriarrty6883]

Hi brother, My self christeena, I have 5 years experience in Accounting payable and able to do payable supervisor level. I have done my masters in commerce. So I need to grow my career in Finance or accounting field. So in your opinion which course should I select except cma or cfa. Please advice. I want to do one masters course in UK. So pls reply @The financial controller

[@accounting_for_everyone]

Hi my brother, there is a mistake in your calculations. You should add 825,000 to the investment cash. Regarding the cash paid for investment, I must say that the balance at the end of the period with the deduction of depreciation is 3500000 and to get the correct amount of cash paid for investment, we must add depreciation (825000) and then calculate the investment cash. The final result is consistent. It is because the amount of 825,000 is hidden in the shareholders' equity, the shareholders' equity in this balance is 4375,000, not 5200,000. 4050000 plus net profit is 4375000 not 520000. That is why the cash statement is balanced. Thank you for your good teaching

[@Noah-uu3br]

I was looking for this comment the whole time. Why did none recognized this?

[@accounting_for_everyone]

@@Noah-uu3br ❤️❤️

[@temilolaabiola3750]

Hello, I have a question 🙋‍♀️ Why are interest and tax sometimes under operating activities?

[@aarkamudug4478]

This was really helpful. But, how do you know which item goes to which category. I know the. Items that go into Operating activities such as a/r and a/p, is there any pattern to follow when doing investing and financing. Activities? For example, if you are given a long list of items, how do you differentiate. Do we have to memorize?

[@firdousq]

Hi Bill, just found you today doing a search and i loved ur videos. I wanted to get some feedback from u regarding the career path i should be choosing. I have a BA in finance and worked in the field for 2 years and then left the workforce to raise a family. My kids are going to school now and I want to see if i could get my foot into accouting. My experience at this point is obsolete and i most definitely need some classes to brush up. Where do i start? I really want to try to get an entry level job in accounting but should i start looking for accounting assistant jobs instead? I live in Brooklyn, NY. Any kind of feedback would be much appreciated

[@damianmysciak3264]

If only my doctor in college shows it that easy ...

[@JuanitaNahiTukumeTagua]

thank you so much

[@TheFinancialController]

You're welcome!