How To Read & Analyze The Balance Sheet Like a CFO | The Complete Guide To Balance Sheet Analysis

[@TheFinancialController]

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[@vinredhawk7294]

🙌

[@mahmoudalshami1557]

Do u have such course for Sr.accountant?

[@mayankvaid5454]

In finding day sales outstanding you have divided total receivable by total sales Which i think is inappropriate because Receivable also includes of some amounts which are older than 90 days Which is some how can be imagined as bad debts for a movement. Is it right or not?

[@deepakadhiraaijog7387]

Hi, also the EBIT was 325,000 and you mentioned 250,000.

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I really can learn anything on YT and google. What a time to be alive! ❤️

[@abel39]

KZbinrs prove to be the best teachers, they are an asset. Some teachers (not all of them) are liability.

[@memelogy737]

I have learnt more from you than 3 yrs at university studying accounting and finance. Keep the great work man your vids have helped me alot.

[@TheFinancialController]

Best thing I read all day

[@yt-nu4tm]

Vert true. Agreed

[@pranayakhadka3507]

Thank u sir...☺️☺️

[@jesseludenyo6436]

What!!? Which university is that?

[@rich3989]

The same thing for me

[@elliekay8616]

This helps me so much. I am a number thinker, which is hard when it comes to analyzing accounting. I focus on what numbers need to be where and making sure I balance, but I never take that other piece and apply comprehension to what I’m doing. This helps me SO much. Thank you.

[@ramash95]

I'm a Ph.D student, and I don't have any experience with financial management and analysis. You video help me understand the basics of everything. Thank you for your time and hard work. Wish you all the best.

[@universalinformation572]

How did you complete Ph.D without knowing these basic concepts sir?

[@usernamegobrr8851]

3 years of uni taught us how to make financial statements but never taught us how to analyze them. Eventhough it sounds like creating financial statements does justice to the analysis part, I never really knew how they're linked to other statements (like aging schedule) I learnt so much more after watching this video.

[@TheFinancialController]

Glad you enjoyed the video!

[@jojojojo-pu1pt]

studied from your clips everyday has got me a good job. Thank you very much!

[@rotimiabraham7784]

I found this helpful after leaving graduate school for a number of years and now trying to set up a hospitality focused fund . I have to refresh myself in doing FA. Thank you .

[@MrDesertFoxChannel]

I have been in the Finance for more than 21 years as Controller and i can say experience taught me that spelling and grammar is the basic skills you need to become a trusted one in Finance.

[@kevinwaycaster]

Are…

[@Prasad_Creations1]

This is the FIRST video I ever have seen, which PRACTICALLY gives THOROUGH knowledge about Balance sheet's interpretation! Thanks a lot sir!🙏🍫😊🙏 Lots of love from 🇮🇳Bharat (India)🇮🇳😊

[@vangelic.1591]

First ever video I've seen on KZbin without a single dislike 👎, you're doing an outstanding job, thank you much 👏 🙏

[@hari4406]

Euqity is what you own, liability is what you owe, asset is what you have with you, which is what you owe + what you own.

[@mzikazityelo6242]

Wow!!! You've explained the balance Sheet so clearly and simple. You made it so easy to understand

[@alejandroescoto6118]

This guy is a great teacher and explains things simly.

[@franmcdonald4702]

I am brand new to this world and I am so glad I found your channel.

[@petertenay1785]

I cant began to tell you how much I love your channel man... I have learned so much since the day i found your channel... I am the president of the accounting society/club at my school and I would be immensely grateful if you could fit it into your schedule to have a talk with us via zoom or even in person... whichever is more convenient for you. Im in Connecticut btw... please let me know if that would be possible

[@TheFinancialController]

Hey Peter. Email me. We can arrange something for sure

[@petertenay1785]

@@TheFinancialController absolutely, I will wait for the semester to start, then I will shoot you an email. Thanks bro

[@nonysannkosi452]

This is very helpful for my MBA Reporting and Analysis Course, bear in mind I have no accounting background!

[@TheFinancialController]

Glad it was helpful!

[@JoseMcKinney-lu6wt]

Exactly. I’m taking financial accounting in my MBA this semester, and my professor isn’t making sense already. No accounting background. Turned to the trusty KZbin and found this video 😁

[@novemconsulting]

Very well explained, this is a must-see for everyone who is running a business.

[@casper14301]

I can't believe this is free; keep up the incredible work!

[@swaminathanj2814]

For a very long time this video was on my Watch later list. Today I watched it and a learnt a lot of things from it, the ratio analysis in particular. Thanks so much for making this video Bill!!!

[@TheFinancialController]

Glad it was helpful!

[@TomSpencer-d8d]

Mate great video! Always good to hear from someone who works at a high financial position. That's where I aspire to be some day! Thanks again for sharing your knowledge :)

[@TheFinancialController]

Thank you!

[@madelinerose9620]

this was just beautiful!!! i shed a tear watching this video . I learned more with you than what i learned in grad school.

[@TheFinancialController]

Thank you!

[@oladobe]

Nice video teacher. I'm not fluent in English but I'm improving my skills. Thanks for the explanation! A hug from Brazil!

[@RichieRichIIII]

This channel is recommended for all ✅

[@victoriaullrich]

I really appreciate you taking the time to make this video. I have been out of school for awhile, and I have forgotten how to analyze financial statements. This video was very helpful in helping me remember.

[@TheFinancialController]

Thanks Victoria

[@glasgowsongwriter85]

I have probably learnt more in this 21 minute video, than I have doing loads of accounting exams. Thanks so much.

[@borkobozickovic7241]

Your way of explaining is one of the best I've ever seen. Bravo!

[@TheFinancialController]

Thanks Borko!

[@simonkaleshu1193]

This is one of the best Analysis I have learnt today

[@MarcosLopez-cu6ui]

I declare you Master Finance Wizard! Keep the excellent content my friend👍

[@TheFinancialController]

Thanks brother

[@zulfiqardurrani3483]

Great lecture,I am an accountant myself and a CPA aspirant..

[@mumtazahmed8099]

Very helpful learning for the Management Executive's. Thank you.

[@natalia______8996]

Thank you very much for this easy explanation. I learn more watching this video than in my MBA from program

[@michaelmaharlika8569]

Very good, I learned a lot in watching this, it helps me to understand much more now about these sheets. Thank you.

[@jasontsui2256]

Wow. This is indeed useful and inspiring. So to read and analyse the financial statements like a CFO is to be able to use financial ratios to analyse the numbers and make a meaning conclusion from it. I have been learning accounting for many years and learning financial ratios is not my favorite part. There are so many ratios out there and not easy to remember. Now I see it differently cos they are really very useful at work.

[@TheFinancialController]

Thanks brother. Glad you found it helpful

[@LobnaLFI]

Beneficial Video, I'm not in the financial field, but still grasp almost all information 👍

[@christine3081]

Many things you teach are so valuable and can’t be found anywhere else on KZbin. Thanks! Subscribed!

[@TheFinancialController]

Welcome aboard!

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Getting ready for the investment ops analyst interview tomorrow and your video is so great for interview prep.

[@TheFinancialController]

Best of luck!

[@barbarac2458]

outstanding instructions. Very detailed with the explanation and I wasnt bored at all.

[@TheFinancialController]

Glad you enjoyed it!

[@allans7281]

Great video I like your detailed narrative

[@leelamanohar1663]

Best explanation from practical approch

[@TheFinancialController]

Glad you liked it

[@dosth2255]

The way you explain the topic is excellent. Thanks a lot.

[@TheFinancialController]

Thanks and welcome

[@anshikachhabra8186]

Thanks for creating this video,relably it has given mkre than the mearnig i gained yet from education & courses. It has served an aspiration fullfillment relaxation.

[@TheFinancialController]

It's my pleasure

[@404TRUCKERTV]

bro, great video! I'm learning all this right now. I don't know professors ask like we have to remember all these formulas, when you use a cheat sheet in the real world.

[@TheFinancialController]

That’s right :)

[@loganyang619]

I am more interested in accounting since I watched your videos, bravo!

[@TheFinancialController]

Happy to hear that!

[@allansaflor4203]

Thank you for all the information you shared to us, this will help us to elevate our knowledge on how to analyzed financial statement.

[@TheFinancialController]

Great Allan

[@ShotokanShaun]

Thank you so much for posting this content. I always hoped to find a controller that would take me under their wing and train me; that hasnt happened yet. But I'm glad I found your channel until that time comes! Keep teaching us. We appreciate it.

[@TheFinancialController]

:) thanks for the kind words; keep on learning

[@janaesaffold2531]

I always come back and watch this video, every time I learn something new new

[@orpahanino6143]

👏🏾👏🏾👏🏾👏🏾my accounts lecturer was good but you do it better.

[@navjotsandhu539]

Superb analysis you have taught lot many things pertains to FS. Thanx for your efforts.

[@FundamentalEconomics]

One of the best videos on Finance i have seen so far... Hope will learn a lot from you Dear Respected Sir

[@TheFinancialController]

Thank you 🙏

[@soniarai7316]

Very well explained...i am CA from India :) this has been really helpful

[@TheFinancialController]

Thanks Sonia

[@joseenriquemunar8901]

This is the firstt video i watch in you channel, I subscribe without knowing xD

[@yj9032]

Best summary of the financial statement analysis from management POV. Auditors also look for the same.

[@yj9032]

Hello

[@shilpapatnaik5434]

Just want to Thank you sooo much for the videos.I have almost followed all your videos.Helps me instantly to refresh my accounting knowledge with in very short time.Thanks a tonn

[@TheFinancialController]

Thanks for watching

[@shilpapatnaik5434]

Thank u for responding to my comment.i request if you can make a video on deferred revenue expense with example and journal entries.

[@BEKINDTOOTHERS-l2y]

I can listen to you and learn all day. Ty

[@mrpaolo1990]

Thank you Bill, your knowledge is worth thousands of dollars/pounds or in other currencies, many thanks again!

[@TheFinancialController]

Thanks Pawel!

[@yinyin7614]

Thanks for teaching me a lot. Keep watching your channel.

[@Ctizen_sK]

Thank you Sir, i keep on coming back to your vids.

[@TheFinancialController]

Glad you like them!

[@veenakihunyu2663]

Thanks Financial Controller for the Knowledge Much appreciated. From Kenya.

[@adeladel4752]

Great and useful video, you have clarified something to me in 2 min, really appreciate Keep posting such interesting stuff please Good luck

[@TheFinancialController]

Thanks Adel!

[@elvissaputrasigalingging3816]

I always watching this ur video channel, Sir.. and gonna waiting another best video from you. Regards From Indonesia 🇮🇩

[@normwho7]

Thank you, learned a lot, nice & clean presentation & great visual spreafsheet

[@noredinilyas7130]

I like the way you are explaining the balan sheet its so amazing thank you so much ❤️❤️❤️🤛🏻

[@nandakumarpurakkat6522]

Thank you...crisp ..simple...to the point...Presentation..

[@faithmpofu7856]

Great video indeed, well explained. I like it and have subscribed. Greetings from Zimbabwe 🇿🇼.

[@JAQ1988]

Trailing LTM Financial KPIs (alongwith customer verticals, business partnership in line with business strategy laid down by CEO) are reviewed for covenant compliance, cash position, FP&A, investment management etc. All this is covered in financiall model. No CFO goes into AP AR accrued expenses schedules etc what you did is actually a controller JD. Helpful for accountants.

[@JAQ1988]

KPIs. AR AP turnover, defensive intervals, liquidity ratios, financial leverages, CFOs, profitability ratios etc above all CFO makes sure business is strategically aligned by looking at key areas of business model i.e. geography, customers' verticals, competences, technological implications, market participants and trends etc. They spend more time on future planning rather than looking at past data for long discussion.

[@horacioumfurer1194]

Great explanation! it makes it so easy to understand how to read a balance sheet. Excellent work!

[@TheFinancialController]

Thank you!

[@charlottekoona5203]

Clear. Very useful. You’ve got a new subscriber😊

[@Jamal-rk1bk]

Masha allah.you are a great teacher.i like to listen your videos .Thank you very much.

[@chyleswashington]

Bill Hanna! Man you make Accounting seem fun and I see the passion you have for it which is also encouraging! I'm currently in school and trying to see if I want to take an Accounting turn in my education! I have taken Managerial and Financial Accounting already which was a few years ago and I still understand the concept of Financial Accounting because I'm not really a fan of Managerial. Controller is where I think I'd want to be if I take this turn. I appreciate your expertise/skills and will continue to follow your videos man! God bless you! 🙏🏽

[@cashkitty3472]

If I was you then you need to study coding too. A lot of finance Jobs that strictly siding out b/s and p&p reporting will go and replaced by tech and it will be more on insights but mainstreaming systems too

[@mohammedaminearrakhiz5356]

i learned a lot today thanks a lot

[@TheFinancialController]

Glad to hear that

[@AndreA-qp6in]

Great video! Please make more videos like this. Also, I would really appreciate if you could advice some advance learning material on how to analyze financials and how to value business and level 2, 3 investments.

[@Cl8410]

I've learned so much. Thank you so much for sharing your knowledge.

[@TheFinancialController]

You are so welcome!

[@blixerblacking4211]

I'm glad I find your channel, do you by any chance have video explaining about the balance sheet items? and shareholder's equity? I want to understand more about common stock, preferred stock, Treasury stock, I love finance as you do! any help 🙏

[@TheFinancialController]

I do have some videos on these topics and more to come soon

[@anamagdael8739]

Thank you for sharing, it's very helpful.🙏

[@_crazystacy]

This is SO GOOD for my study and work! Thank you so much!!

[@rejivarkey3797]

The analysis of balance sheet is very good.

[@vikasmehrotra8304]

Pretty much straightforward without any jargon language and explain beautifully.

[@TheFinancialController]

Thanks Vikas

[@radhikak0109]

Great explanation and very useful. Thank you

[@phd-prospect7294]

You should get whatever is needed such license, in order to start giving us certificates too. I have learned a lot more than I did after having spent 4 years at the university. you did real lame-ass work, I wish I had the means to reward you for this incredible work, bro.

[@anooopmurali]

Great content and presentation 🔥

[@TheFinancialController]

Thanks Anoop

[@evansjuma3831]

Hi Bill, this is great presentation 👏. I would appreciate if you could please expound more on cash conversion cycle and how to balance AR and Inventory. I would appreciate another deep dive on income statement items more so on the top down approach. A big thank you 😊 🙏

[@TheFinancialController]

Will do! Thanks Evans

[@sackboymahalo]

Thank you very much for the explanation and sharing it. 😊👍 Cheers

[@colinisawesome2]

You’re the best. Thank you for doing what you do

[@mialarssen2627]

I wish you could provide more details to that Balance Sheet Analysis in order to help in day trading and Investing strategies. It sounds like missing a lot of ratios :). Thank you for that great content.

[@ibraheemali9541]

7:02 why there is so much difference between the average and median networth?

[@p.r.7776]

I enjoy your video very much. The content is practical and the way you present them is logical. I did not major in finance nor accounting and have been kinda jumping between finance and accounting roles, not out of my interest but just got pushed by “destiny”. Now I started to actually like the work. Hopefully I will eventually become as knowledgeable as you are.

[@TheFinancialController]

You will do great, I know it

[@joyceleung7009]

Hi Bill, I am a new investor in the US market, find it really useful when you explain the 10Q report, I hope you could teach us more on how to rate a financial report since some companies share prices still plummeted with increasing dilute EPS or KPIs

[@gadgalleto5906]

kzbin.info/www/bejne/eHW1mp2mjsuoeKM

[@sumantbachewar4628]

At 10:32,does sales and credit sales are same ? Because Sales need not to be credit sale always. One might pay cash during sale rather than putting the payment on hold.

[@HashBrown99Gaming]

Mate great video! Always good to hear from someone who works at a high financial position. That's where I aspire to be some day! Thanks again for sharing your knowledge :)

[@htfitness9205]

Thank you for the detail explanation.

[@alkerdham]

Simple & straight to the point. Many thanks

[@robotlife]

Hello TFC, terrific overview, thanks for the walk-through! Regarding DPO, your formula = ( credit purchases / AP balance ) x # days in the period. However, other sources define DPO = ( AP balance / COGS ) x # days in period. I'm having a difficult time reconciling the two formulas. Do they both arrive at the same metric?

[@TheFinancialController]

Hi Dennis. Your formula is correct. I got it almost reversed 😅thanks for pointing this out, some paid close attention;)

[@bhumikagupta5075]

Request to please highlight this comment so that others get correct information.

[@erm105]

I love your videos! You explain them extremely easy to understand, specially since my background is not in accounting. Currently going for my CPA certification, so I can go into accounting.

[@polypicker57]

Another commonly used leverage ratio is D/ETNW. ✌️✌️ Debt ÷ Effective Tangible New Worth 😊

[@nizarkoppilan5377]

Hi Just finished this vedio Great content and way of presentation is awesome It’s really helps me to understand few concepts Kindly continue the classes God bless you

[@TheFinancialController]

Thanks Nizar!

[@FullTilt89]

Great video. You mention you can look at account receivable time schedule, and property plant & equipment more in depth. If i was analyzing a public company balance sheet, where would I find this information?

[@AZ-qb6zv]

Hello, I am really glad to meet your channel! My english is not really good but your pronunciation is quite clear and understandable compared to other channels. Instalike and instasubscribe! Nice work and keep it up! Rewards from Madrid, Spain

[@TheFinancialController]

:) 🙏 thanks

[@Hello-rl6lp]

It is interesting how I learned more in 25 minutes on a free youtube video than I have learned in a $50,000 program at a 4-year university!