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Accounting: 32 Things YOU SHOULD KNOW

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Accounting Stuff

Accounting Stuff

Күн бұрын

💥Accounting Cheat Sheets → accountingstuf...
🖊Accounting Practice Questions → accountingstuf...
In this video I share 32 things you should know about Accounting. These core concepts and definitions are key to understanding how Accounting works.
🔴Subscribe for more Accounting Tutorials → geni.us/subtot...
⏱️TIMESTAMPS
00:00 - Intro
00:17 - 1. Financial Accounting
- Video: • ACCOUNTING BASICS: a G...
00:57 - 2. Single-Entry Accounting Method
- Video: • How To Start Bookkeepi...
01:24 - 3. Double-Entry Accounting Method
- Video: Coming soon!
01:47 - 4. Accounting Equation
- Video: • The ACCOUNTING EQUATIO...
02:03 - 5. Assets
- Video: • What are Assets? (Let'...
02:22 - 6. Liabilities
- Video: • What Are Liabilities? ...
02:45 - 7. Equity = Net Assets
- Video: • What Does Equity ACTUA...
03:15 - 8. What is Equity made up of?
- Video: • What Does Equity ACTUA...
03:32 - 9. Retained Earnings
- Video: Coming soon!
03:56 - 10. Withdrawals
- Video: Coming soon!
04:11 - 11. Profit
- Video: • The INCOME STATEMENT f...
04:29 - 12. Revenue
- Video: • The INCOME STATEMENT f...
04:38 - 13. Expenses
- Video: • The INCOME STATEMENT f...
04:49 - 14. Expanded Accounting Equation
- Video: • The KEY to Understandi...
05:05 - Cheat Sheets and Practice Questions
- Cheat Sheets: accountingstuf...
- Practice Questions: accountingstuf...
05:26 - 15. Debits and Credits
- Video: • ACCOUNTING BASICS: Deb...
06:36 - 16. DEALER
- Video: • DEALER: The Number 1 H...
07:09 - 17. Debits and Credits aren't backward
- Video: • Why Debits and Credits...
08:06 - 18. Cash Method vs Accrual Method of Accounting
- Video: • Accrual Accounting: Ho...
08:56 - 19. GAAP vs IFRS
- Video: Coming soon!
09:15 - 20. Revenue Recognition Principle
- Video: • Revenue Recognition Pr...
09:40 - 21. Matching Principle
- Video: Coming soon!
10:04 - 22. Journal Entries
- Video: • How JOURNAL ENTRIES Wo...
10:44 - 23. Accounts
- Video: • T Accounts Explained S...
11:05 - 24. General Ledger
- Video: • GENERAL LEDGER: Visual...
11:24 - 25. Chart of Accounts
- Video: Coming soon!
11:49 - 26. Trial Balance
- Video: • The TRIAL BALANCE Expl...
12:10 - 27. Adjusting Entries
- Video: • Prepayments and Accrua...
12:35 - 28. Financial Statements
- Video: • FINANCIAL STATEMENTS: ...
12:56 - 29. Balance Sheet
- Video: • The BALANCE SHEET for ...
13:31 - 30. Income Statement
- Video: • The INCOME STATEMENT f...
14:05 - 31. Link between the Income Statement and the Balance Sheet
- Video: • The KEY to Understandi...
14:40 - 32. Cash Flow Statement
- Video: • The CASH FLOW STATEMEN...
15:22 - Outro
🔎FAQ
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#accounting #accountingbasics #accountingstuff

Пікірлер: 228
@AccountingStuff
@AccountingStuff 10 ай бұрын
So many things to know! If I missed any out then please do share. Timestamps and video links: 00:00 - Intro 00:17 - 1. Financial Accounting - Video: kzfaq.info/get/bejne/r7-IZ8WntrnVkqM.html - Cheat Sheet: accountingstuff.com/shop/accounting-cycle-cheat-sheet 00:57 - 2. Single-Entry Accounting Method - Video: kzfaq.info/get/bejne/n56CfMthmafFdGw.html - Cheat Sheet: 01:24 - 3. Double-Entry Accounting Method - Video: Coming soon! 01:47 - 4. Accounting Equation - Video: kzfaq.info/get/bejne/a5yopsaCmdzNh3k.html - Cheat Sheet: accountingstuff.com/shop/accounting-equation-cheat-sheet - Q&A: accountingstuff.com/practice-questions/accounting-equation-question-pack-1 02:03 - 5. Assets - Video: kzfaq.info/get/bejne/qLWjqNR4xLCUpGg.html 02:22 - 6. Liabilities - Video: kzfaq.info/get/bejne/nLGCqrdilbnXqpc.html 02:45 - 7. Equity = Net Assets - Video: kzfaq.info/get/bejne/fNhloqt2vti4YnU.html 03:15 - 8. What is Equity made up of? - Video: kzfaq.info/get/bejne/fNhloqt2vti4YnU.html 03:32 - 9. Retained Earnings - Video: Coming soon! 03:56 - 10. Withdrawals - Video: Coming soon! 04:11 - 11. Profit - Video: kzfaq.info/get/bejne/ZpNddNmov8fGeYU.html - Cheat Sheet: accountingstuff.com/shop/income-statement-cheat-sheet - Q&A: accountingstuff.com/practice-questions/income-statement-question-pack-1 04:29 - 12. Revenue - Video: kzfaq.info/get/bejne/ZpNddNmov8fGeYU.html - Cheat Sheet: accountingstuff.com/shop/income-statement-cheat-sheet - Q&A: accountingstuff.com/practice-questions/income-statement-question-pack-1 04:38 - 13. Expenses - Video: kzfaq.info/get/bejne/ZpNddNmov8fGeYU.html - Cheat Sheet: accountingstuff.com/shop/income-statement-cheat-sheet - Q&A: accountingstuff.com/practice-questions/income-statement-question-pack-1 04:49 - 14. Expanded Accounting Equation - Video: kzfaq.info/get/bejne/laxmlJOVycjOpH0.html - Cheat Sheet: accountingstuff.com/shop/accounting-equation-cheat-sheet - Q&A: accountingstuff.com/practice-questions/accounting-equation-question-pack-1 05:05 - Cheat Sheets and Practice Questions 05:26 - 15. Debits and Credits - Video: kzfaq.info/get/bejne/jM6njZyll8iXip8.html - Cheat Sheet: accountingstuff.com/shop/debits-credits-cheat-sheet - Q&A: accountingstuff.com/practice-questions/debit-credit-question-pack-1 06:36 - 16. DEALER - Video: kzfaq.info/get/bejne/a79jqs15kpzLeJ8.html - Cheat Sheet: accountingstuff.com/shop/debits-credits-cheat-sheet - Q&A: accountingstuff.com/practice-questions/debit-credit-question-pack-1 07:09 - 17. Debits and Credits aren't backward - Video: kzfaq.info/get/bejne/msqSaZiD2sqrmWQ.html - Cheat Sheet: accountingstuff.com/shop/debits-credits-cheat-sheet - Q&A: accountingstuff.com/practice-questions/debit-credit-question-pack-1 08:06 - 18. Cash Method vs Accrual Method of Accounting - Video: kzfaq.info/get/bejne/eZ6FqLtomsDFook.html - Cheat Sheet: accountingstuff.com/shop/cash-accrual-cheat-sheet - Q&A: accountingstuff.com/practice-questions/cash-vs-accrual-accounting-question-pack-1 08:56 - 19. GAAP vs IFRS - Video: Coming soon! 09:15 - 20. Revenue Recognition Principle - Video: kzfaq.info/get/bejne/aZ2Ag8aU3Nm9en0.html 09:40 - 21. Matching Principle - Video: Coming soon! 10:04 - 22. Journal Entries - Video: kzfaq.info/get/bejne/j5OPhJajprTdqIk.html - Cheat Sheet: accountingstuff.com/shop/journal-entries-cheat-sheet - Q&A: accountingstuff.com/practice-questions/journal-entry-question-pack-1 10:44 - 23. Accounts - Video: kzfaq.info/get/bejne/oadpptGE26nLh2w.html - Cheat Sheet: accountingstuff.com/shop/t-accounts-cheat-sheet - Q&A: accountingstuff.com/practice-questions/t-account-question-pack-1 11:05 - 24. General Ledger - Video: kzfaq.info/get/bejne/fNtoraqWype3iqs.html - Cheat Sheet: accountingstuff.com/shop/general-ledger-cheat-sheet 11:24 - 25. Chart of Accounts - Video: Coming soon! 11:49 - 26. Trial Balance - Video: kzfaq.info/get/bejne/acWAmdKF37mngXk.html - Cheat Sheet: accountingstuff.com/shop/trial-balance-cheat-sheet - Q&A: accountingstuff.com/practice-questions/trial-balance-question-pack-1 12:10 - 27. Adjusting Entries - Video: kzfaq.info/get/bejne/fpZ-atenvduunIk.html - Cheat Sheet: accountingstuff.com/shop/adjusting-entries-cheat-sheet - Q&A: accountingstuff.com/practice-questions/adjusting-entry-question-pack-1 12:35 - 28. Financial Statements - Video: kzfaq.info/get/bejne/fM9hqs6GyODZqZ8.html 12:56 - 29. Balance Sheet - Video: kzfaq.info/get/bejne/ebOmZN2dv87GZIU.html - Cheat Sheet: accountingstuff.com/shop/balance-sheet-cheat-sheet - Q&A: accountingstuff.com/practice-questions/balance-sheet-question-pack-1 13:31 - 30. Income Statement - Video: kzfaq.info/get/bejne/ZpNddNmov8fGeYU.html - Cheat Sheet: accountingstuff.com/shop/income-statement-cheat-sheet - Q&A: accountingstuff.com/practice-questions/income-statement-question-pack-1 14:05 - 31. Link between the Income Statement and the Balance Sheet - Video: kzfaq.info/get/bejne/laxmlJOVycjOpH0.html 14:40 - 32. Cash Flow Statement - Video: kzfaq.info/get/bejne/es-Gg6SbzNPSmmQ.html - Cheat Sheet: accountingstuff.com/shop/direct-cash-flow-statement-cheat-sheet - Q&A: accountingstuff.com/practice-questions/cash-flow-statement-question-pack-1 15:22 - Outro
@Davidmsimuko790
@Davidmsimuko790 10 ай бұрын
hey james what softwares do you use to edit your videos
@AccountingStuff
@AccountingStuff 10 ай бұрын
Final Cut Pro@@Davidmsimuko790
@crisfield4364
@crisfield4364 10 ай бұрын
Retired accountant here. Excellent video. There's so much and it's pretty confusing at first to learn accounting. You've laid it out clearly and concisely. This is a great resource for students, entrepreneurs and anyone who would like to understand what their accountant is doing. Great job. Also great that you've created sections to easily find what you need.
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks for the lovely feedback!
@davidtiger
@davidtiger 8 ай бұрын
Hei U said u are retired accountant. 😢. Is it a challenging career? One more question. If i finish here on KZfaq the whole cours, can i apply for an accountant job? What is the purpose that he created for us 6h long video? Thanks for helping. Norway.
@crisfield4364
@crisfield4364 8 ай бұрын
@@davidtiger It's challenging. You won't get a job from KZfaq learning. This channel is an excellent study aid.
@davidtiger
@davidtiger 8 ай бұрын
@@crisfield4364 hei Thans for honest reply. I am very disappointed. But i already had a feeling that it can't be so easy. Now I have changed my perspective about KZfaq videos dramatically. U woke me up. I deletet all my files from PC from my favoritea on KZfaq about becoming an accountant. This a problem with KZfaq. We watch enthusiastic videos and have no clue that videos on KZfaq has a little to do with real studies. Konstantin
@tone5200
@tone5200 7 ай бұрын
How smooth is the transition from being an accountant for a firm to working for yourself?
@ujjwalpandey.527
@ujjwalpandey.527 10 ай бұрын
Accounting is the language of business..💯
@AccountingStuff
@AccountingStuff 10 ай бұрын
Indeed
@AdeAde0224
@AdeAde0224 10 ай бұрын
Agreed
@nodirbek3128
@nodirbek3128 10 ай бұрын
Warren Buffett
@ELLIOT8209
@ELLIOT8209 4 ай бұрын
​@@AccountingStuffyou mentioned journal entries. Where do SJ, CPJ, SRJ, and other journals fit in? Sales journal et
@IvyXiao-li3yn
@IvyXiao-li3yn 2 ай бұрын
会计是一种商业语言😂
@PureMagma
@PureMagma 10 ай бұрын
This is by far the best channel on Accounting. I had to learn GAAP to take over my parents business that they ran for 50 years as a Sole Proprietorship using single entry accounting. It has been a mess trying to transition into modern double entry accounting but this KZfaq saved my sanity! 💝🥳🎊🎉
@AccountingStuff
@AccountingStuff 10 ай бұрын
Good effort, you've got this!
@The_ChosenLady
@The_ChosenLady 10 ай бұрын
Awesome one!
@lamongoose6813
@lamongoose6813 10 ай бұрын
Your videos are actually such a game changer for me. The way you structure videos is just A+ and you make it so simple for everyone to understand. Hope you keep posting!!
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks! It's great to hear that you're finding these helpful
@laurenceobrien1402
@laurenceobrien1402 10 ай бұрын
I love your videos I am doing CPA exams here in Ireland and most of the time I go to your channel to get a better understanding of things my lecturers teach me 😊😊
@AccountingStuff
@AccountingStuff 10 ай бұрын
Best of luck with your CPA!!
@Simplicity111
@Simplicity111 10 ай бұрын
If I were to watch this when I started my accounting few years back. This could have made my life so much easier. Thanks for the big picture of accounting, it is a well-presented video with great flow! 💯
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks for your kind words!
@josue1056
@josue1056 10 ай бұрын
I've been going through your accounting basics and they've been extremely helpful. Starting school in the winter-term to finish up my associate's degree in accounting as my bachelor's in something else and these videos are helping me get ahead of the curve and refresh myself. Plus, they're helping me get to a point where I just flat out feel confident enough to start applying for accounting jobs.
@AccountingStuff
@AccountingStuff 10 ай бұрын
That's great to hear!! All the best in your studies
@motodrang4287
@motodrang4287 10 ай бұрын
Only thing you left out is literally holding my hand in my accounting class.
@AccountingStuff
@AccountingStuff 10 ай бұрын
You've got this!
@Kensingtonhawk
@Kensingtonhawk 10 ай бұрын
I am working towards my goal of operating a virtual bookkeeping/accounting service and your channel is a gem.
@AccountingStuff
@AccountingStuff 10 ай бұрын
Good on you! Best of luck with it all
@rohjettetan3770
@rohjettetan3770 10 ай бұрын
This video is amazing! I'm currently an Accounting freshman and our classes will start this week. Thank you so much for being so good at teaching accounting 💜💜💜
@AccountingStuff
@AccountingStuff 10 ай бұрын
All the best in your studies!
@AdeAde0224
@AdeAde0224 10 ай бұрын
Good luck accounting is a great field
@zofx8913
@zofx8913 10 ай бұрын
pup student?
@rohjettetan3770
@rohjettetan3770 10 ай бұрын
@@zofx8913 umm yes, I'm from PUP hahaha
@neeraj_clips
@neeraj_clips 10 ай бұрын
This is a fantastic summary and very helpful to a non finance entrepreneur. Will go through the detailed videos in the description
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks, great to hear your enjoyed it!
@NandoGGWP
@NandoGGWP 10 ай бұрын
I'm Brazilian and I'm applying for some accounting positions that requires english, and so far I only had studied Accounting in Portuguese. Your videos are helping me a lot with vocabulary =D Thank you!
@AccountingStuff
@AccountingStuff 10 ай бұрын
Best of luck with your job hunt! Hope you land something soon
@danielmontenegro8929
@danielmontenegro8929 10 ай бұрын
Hey Nando, i'm in the same situation!! I'm trying to get ACCA exams from Brazil. I wish can work in UK in the next future.
@danielmontenegro8929
@danielmontenegro8929 10 ай бұрын
Are you interested in creating a group on international accounting positions?
@NandoGGWP
@NandoGGWP 10 ай бұрын
@@danielmontenegro8929 actually I'm looking for financial position that requires a lot of knowledge on accounting xD
@NandoGGWP
@NandoGGWP 10 ай бұрын
@@danielmontenegro8929 Good luck 😃
@SantiagoWuscovi
@SantiagoWuscovi 26 күн бұрын
Simple and clear. Love it, helps me a lot. Financial was always a key factor that I had to improve to understand better my current role in the company. Thank you
@AccountingStuff
@AccountingStuff 26 күн бұрын
Great to hear you found it useful!
@mohammedalarifi1509
@mohammedalarifi1509 10 ай бұрын
James your videos are truly life saving. I am a sophomore accounting student and I would not been able to make it this far without your help. I was wondering if you could do a video on uncollectible account expenses.
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks for your request and all the best with your studies!
@javiertovar9715
@javiertovar9715 2 ай бұрын
I'm a native Spanish speaker. Came here to learn some accounting terms in English and ended up learning a lot about accounting as well... Excellent video... Thanks a lot.
@AccountingStuff
@AccountingStuff 2 ай бұрын
Glad you enjoyed it! Can't be easy to learn accounting in a second language. So much terminology!!
@MalibongweflexyvpMncube-gv7oh
@MalibongweflexyvpMncube-gv7oh 10 ай бұрын
Thank you so much James for your good content. Today I understand accounting from start to scratch because of you. God bless you brother. 🤞🏾❤️🙏🏾🙇‍♂️
@AccountingStuff
@AccountingStuff 10 ай бұрын
No worries, great to hear it's clicking for you
@WhoActuallyCaresAnything
@WhoActuallyCaresAnything 10 ай бұрын
The best crash course on accounting so far! One thing to correct, though, even when using cash method on the p&l the statement of cash flow is still different as it includes all money going in and out even paying liabilities for example that isn't on the p&l.
@AccountingStuff
@AccountingStuff 10 ай бұрын
You are correct, I meant to say that cash flow from operating activities mirrors the income statement. My bad!
@KungatlukBangoang
@KungatlukBangoang 3 ай бұрын
That's incredibly for everyone to follow-up your video
@AccountingStuff
@AccountingStuff 3 ай бұрын
No worries :)
@catherinepham3999
@catherinepham3999 3 ай бұрын
I'm totally speechless. You're such a genius in explaining accounting. I have watched your other accounting videos also, they're all fantastic!!
@AccountingStuff
@AccountingStuff 3 ай бұрын
You're too kind! :)
@skullxghost1649
@skullxghost1649 10 ай бұрын
hey James! Appreciate the hard word man, just finished ur accounting basics playlist. I really want to thank u for making everything clear and simple. The only things I would like u to make more videos about are depreciation&amortization and contra asset acounts, these are the only 2 topics I'm still kinda skeptical about. Hope this comment will get ur attention, and thank you for all ur efforts
@AccountingStuff
@AccountingStuff 10 ай бұрын
Well done on making it through the playlist! Thanks for your requests. I'll keep these topics in mind
@user-hx9mu3ti8b
@user-hx9mu3ti8b 10 ай бұрын
Thank you so much James for all your hard work!! You are the truly the BEST resource. Can you please make more content on managerial accounting? the different principles/ reports/ etc... thank you SO MUCH.
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks for your request! I'll keep these topics in mind for future videos :)
@danielngoma-ie5qy
@danielngoma-ie5qy 2 ай бұрын
thank u very much u have helped me alot with my test and also understanding the basics
@AccountingStuff
@AccountingStuff 2 ай бұрын
No worries, hope the test went well!
@jessie7208
@jessie7208 10 ай бұрын
If possible could you please please please please PLEASE do a video on the consolidation of financial statements and /or on management accounting basics.
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks for your requests!
@raga_xe
@raga_xe 10 ай бұрын
Thanks bro I was literally gonna recap on debit and credit as I was having a hard time at class.
@AccountingStuff
@AccountingStuff 10 ай бұрын
Just in time then! Hope this helps :)
@jingchen1869
@jingchen1869 9 ай бұрын
It's the best video on the subject. I have to revisit this from time to time to refresh my understanding of debit/credit
@AccountingStuff
@AccountingStuff 9 ай бұрын
Thanks, I'm glad you found it useful
@mymunaali2004
@mymunaali2004 10 ай бұрын
I am a new student of Accounting.....and your videos helping me a lot. Cool videos.
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks! All the best in your studies
@user-me3bs2gl7k
@user-me3bs2gl7k 6 күн бұрын
Thank's Jems Excellent Learning
@AccountingStuff
@AccountingStuff 6 күн бұрын
You're very welcome :)
@maartenostermann9435
@maartenostermann9435 10 ай бұрын
I have watch your videos for a long time. Just started high school in Belgium and we have to watch your videos in the accounting lessons 😂
@AccountingStuff
@AccountingStuff 10 ай бұрын
No way, hope they are helping
@universalinformation572
@universalinformation572 3 ай бұрын
Excellent video. Summarised entire accountancy
@AccountingStuff
@AccountingStuff 3 ай бұрын
Glad you enjoyed it!
@ceruleanmist3249
@ceruleanmist3249 6 ай бұрын
I'm loving these videos, thank you so much for creating them. Would you consider please doing one for doubtful debts/bad debts? I have watched quite a few videos but just can't seem to grasp it and I really resonate with your style of teaching so was hoping you could do one. I mostly get it but just not the Bad Debts/Allowance for Doubtful debt accounts and journal entry. I think I understand the Allowance for Doubtful Debts, but where does the Bad Debts account come from? Many thanks!
@AccountingStuff
@AccountingStuff 6 ай бұрын
Thanks for your request!
@anushuk7523
@anushuk7523 10 ай бұрын
Thank you for this video's, actually it's been 5 to 6 month i started following you for educational purpose. I love your way of teaching this helps me a lot in study as well as in job in MNC. Where we have to prepare Financial as per IndAS.
@AccountingStuff
@AccountingStuff 10 ай бұрын
No worries, all the best in your work and studies
@tiberagamer6165
@tiberagamer6165 10 ай бұрын
im blessed with your vedios i had so many calculation in my exam with taxes with no calculator an im bad with multiply so i had my exam so bad but still love yor vid
@AccountingStuff
@AccountingStuff 10 ай бұрын
Hope it went better than you expected
@thomasshelby8435
@thomasshelby8435 4 ай бұрын
Thank you for the great video 👍. I wish you were the accounting professor at my university 😢.
@AccountingStuff
@AccountingStuff 4 ай бұрын
Glad you enjoyed it :)
@1950Archangel
@1950Archangel 10 ай бұрын
OMG! You're back!! FANTASTIC! (I haven't looked but.... SO happy you've posted this! Will check more often!)
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks, I plan to post more so stay tuned :)
@hannahgreen4203
@hannahgreen4203 10 ай бұрын
Could you make a video on AUA/ bad debt expense
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks for your request!
@nataliak9209
@nataliak9209 10 ай бұрын
would love to see a video on cost accounting ( cost classification in particular direct, indirect, fixed, etc). Also, you are a legend!
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks for your request!
@sylvanusjohannes8365
@sylvanusjohannes8365 10 ай бұрын
I do appreciate your effort and I'm learning a lot. Currently, I'm working as an AR and I'm failing to understand the AR Age Analysis. Current: 1-30: 31-60: 61-90 and over 90 days. I'm failing to understand the figures, As you will find a tenant is being invoiced 1000$ monthly. At current 2 500$, 1-30 0$, 31-60 2300$, 61-90 -450$, over 90 5000$ I don't understand how those figures are calculated. Can you plz do a video about AR AGE ANALYSIS?
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks for your request!
@bhaskerchitti9505
@bhaskerchitti9505 10 ай бұрын
Hi James bro, Kindly requesting you to upload video on US GAAP Course. I am expecting US GAAP sessions from you
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks for your request! I'll keep this in mind for future videos
@bhaskerchitti9505
@bhaskerchitti9505 10 ай бұрын
@@AccountingStuff thanks bro
@AccountingStuff
@AccountingStuff 10 ай бұрын
No problem@@bhaskerchitti9505
@qingzhou1351
@qingzhou1351 10 ай бұрын
Love all the accounting videos you made for us and they are all awesome! I watched all of them!! Very easy to understand. When you get chance if you could make a video of BAS it will be really appreciated 🙂 I will keep supporting you here
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks for your request! I'll keep this in mind for future videos :)
@ernieaguilera1272
@ernieaguilera1272 10 ай бұрын
Can you do a comprehensive 5hr perhaps video on all 11 Accounting Principles? You are the most fun and best accounting teacher I have ever seen! 🧑🏻‍💼💯🏀
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks for your request! This is the closest thing I have atm: kzfaq.info/get/bejne/nbZym6qcp7SXYKc.htmlsi=spmG6sP4G15ALdZN
@mustafarahimi5301
@mustafarahimi5301 10 ай бұрын
It reviewed a lot of my lessons that I forgot it long ago ❤
@AccountingStuff
@AccountingStuff 10 ай бұрын
Nice one, hope jogged your memory!
@habtemariamsebhatu
@habtemariamsebhatu 10 ай бұрын
Well explained thank you . Keep on.
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks, will do!
@MrJasonmkennedy
@MrJasonmkennedy 8 ай бұрын
Great videos overall. The best explanations I have ever come across.
@AccountingStuff
@AccountingStuff 8 ай бұрын
Thanks, I'm glad you're enjoying them
@MrJasonmkennedy
@MrJasonmkennedy 8 ай бұрын
I use simple cash based accounting for a couple of rental properties. I like the idea of the accrual system, but not sure if there would be much advantage for me.
@AccountingStuff
@AccountingStuff 8 ай бұрын
There's a decent amount of extra work involved
@brianbishoptv
@brianbishoptv 10 ай бұрын
Thank you for making these videos, it really helps.
@AccountingStuff
@AccountingStuff 10 ай бұрын
No problem, great to hear you're finding them useful!
@user-pe2ot1bz7k
@user-pe2ot1bz7k 10 ай бұрын
Great video again! Thanks a lot for all this clear content and very insightful explanations!
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks, glad you enjoyed it!
@himanshusingla6425
@himanshusingla6425 10 ай бұрын
Can you please please start making videos on consolidated statements + management accounting as well, please 🙏
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks for your requests!
@ABSama
@ABSama 10 ай бұрын
i forgot to turn on notifications and thought i lost your channel thank god for youtube throwing your video on my feed
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks for watching :)
@user-bs4nd1eb6d
@user-bs4nd1eb6d 10 ай бұрын
An amazing new video,Winnie is still sweet ,Thank You for the video
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks! She's a little terror
@victornguyen1
@victornguyen1 6 ай бұрын
Thank you so much for your helpful informative video!
@AccountingStuff
@AccountingStuff 6 ай бұрын
You're very welcome :)
@clem1300
@clem1300 10 ай бұрын
would it be possible to have a video on reduction of capital, showing all the relevant T-account entries, from a channel which has given me the best tuition in book-keeping and financial accounting.?
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks for your request!
@ahmdalfahel1920
@ahmdalfahel1920 8 ай бұрын
Do you recommend any efficient and reliable channel for stock marketing investments explanation. I watched all your videos recommended by my professor at the university but I couldn’t find here anything related to stocks. I would really appreciate it.
@AccountingStuff
@AccountingStuff 8 ай бұрын
I try to avoid talking about investing or financial advice on this channel. Sorry I don't have anyone to recommend to you
@lizbethvivar8716
@lizbethvivar8716 8 ай бұрын
can you make a video on bad debt allowance and write offs pls
@tytrrtt
@tytrrtt 10 ай бұрын
Great work bro! Armenia loves you ))))
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks! All the best
@user-gz1ex4dc8o
@user-gz1ex4dc8o 3 ай бұрын
I'm really glad that I came across this channel God sent you to me!
@AccountingStuff
@AccountingStuff 3 ай бұрын
Great to hear you're finding it useful!
@williampuentes3686
@williampuentes3686 7 ай бұрын
Nice video. Where can I find chart of accounts in excel format to download?
@The_Laugh_Lab1
@The_Laugh_Lab1 10 ай бұрын
Thank you very much sir. Love from Pakistan
@AccountingStuff
@AccountingStuff 10 ай бұрын
No problem, you're most welcome :)
@areebakhan5233
@areebakhan5233 10 ай бұрын
you are doing great.. please keep making videos
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks, will do!
@user-rq1qg6bc9d
@user-rq1qg6bc9d 10 ай бұрын
It's interesting that credits is considered a source money is coming from! at the same time that it represents what you have to pay out!
@AccountingStuff
@AccountingStuff 9 ай бұрын
Think of it like this.. you can fund a business through owner's cash (Equity), borrow money (Liabilities) or income generated by the business (Revenue).
@abrarrownak2545
@abrarrownak2545 10 ай бұрын
Hey there, can you make a video on Conceptual Framework of Accounting
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks for your request!
@ilkinmusayev2906
@ilkinmusayev2906 10 ай бұрын
Brilliant as always
@AccountingStuff
@AccountingStuff 10 ай бұрын
Glad you enjoyed it
@AdeAde0224
@AdeAde0224 10 ай бұрын
Great video
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks!
@maruf11t
@maruf11t 2 ай бұрын
Im from Bangladesh. 🇧🇩
@user-vb4hc1nj7g
@user-vb4hc1nj7g 10 ай бұрын
Can you do manufacturing accounting/operation?
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks for your request!
@artistalamar4681
@artistalamar4681 10 ай бұрын
do not stop ...... go go go
@AccountingStuff
@AccountingStuff 10 ай бұрын
🏃‍♂
@sadatrahaman9861
@sadatrahaman9861 9 ай бұрын
Excellent
@AccountingStuff
@AccountingStuff 9 ай бұрын
Thanks!
@user-bs4nd1eb6d
@user-bs4nd1eb6d 10 ай бұрын
Hey James,can you drop a video about Partnership Accounts ,,,PLEASE
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks for your request!
@user-bs4nd1eb6d
@user-bs4nd1eb6d 10 ай бұрын
@@AccountingStuff I appreciate you James
@mariyea69420
@mariyea69420 9 ай бұрын
thank youu!!
@AccountingStuff
@AccountingStuff 8 ай бұрын
You're very welcome :)
@user-zs8yn3mf7e
@user-zs8yn3mf7e 10 ай бұрын
hello could you pls do MA also? its kind of difficult!!
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks for your request!
@lawrencebrown8821
@lawrencebrown8821 10 ай бұрын
I love this! ❤
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks!!
@osamanadeem9498
@osamanadeem9498 10 ай бұрын
Legend
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks!
@osamanadeem9498
@osamanadeem9498 10 ай бұрын
@@AccountingStuff I graduated in accounting last year june been working in credit control now for experience on CV Looking to get into accounting by end of year but feel scared and not confident enough
@AccountingStuff
@AccountingStuff 10 ай бұрын
You've got this!
@JettingChen
@JettingChen 26 күн бұрын
2:46 WOW
@naomikibret7704
@naomikibret7704 10 ай бұрын
I don't know what to comment bro just 👏
@AccountingStuff
@AccountingStuff 10 ай бұрын
All good! Hope you enjoyed it
@ganeshgadekar9234
@ganeshgadekar9234 10 ай бұрын
Long time No See...
@AccountingStuff
@AccountingStuff 10 ай бұрын
I've been making a whole bunch of shorts, but will return to the longer videos now
@Hopping102
@Hopping102 10 ай бұрын
Getting the CPA is hell. I took 3 of the 4 and failed all of them. Two in the 60's, 1 in 50's
@AccountingStuff
@AccountingStuff 10 ай бұрын
Sorry to hear that. Are you going to have another crack at them? Best of luck!
@user-zi4of7mz3j
@user-zi4of7mz3j 10 ай бұрын
Do statement of comprehensive income
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks for your request!
@mrjhonxx9072
@mrjhonxx9072 10 ай бұрын
Hi have you posted a video avout the accountants worksheet??
@AccountingStuff
@AccountingStuff 10 ай бұрын
Not yet, I'll keep it in mind though
@mrjhonxx9072
@mrjhonxx9072 10 ай бұрын
@@AccountingStuff ok plz and thank you love the videos by the way really helpful for my tertiary education.
@AccountingStuff
@AccountingStuff 10 ай бұрын
Thanks! Great to hear you're finding these helpful. All the best in your studies@@mrjhonxx9072
@mrjhonxx9072
@mrjhonxx9072 10 ай бұрын
@@AccountingStuff thank you much appreciated 🙏
@jimmyd32jm
@jimmyd32jm 7 ай бұрын
Video not displaying correctly. No visuals aids. Please fix.👍🏾
@AccountingStuff
@AccountingStuff 7 ай бұрын
Is there an issue with your internet?
@dungzuize671
@dungzuize671 9 ай бұрын
6:30 why debit accounts increase when debit increase and decrease when credit decrease?, s.o help me please, i still dont get it
@AccountingStuff
@AccountingStuff 9 ай бұрын
You can learn more about that in this video: kzfaq.info/get/bejne/a79jqs15kpzLeJ8.htmlsi=M9FtHG0UXEmsQifs
@abdifitahjimcaale8840
@abdifitahjimcaale8840 10 ай бұрын
Thank u macalinkeyga
@AnasMaxamad-ek3tr
@AnasMaxamad-ek3tr 10 ай бұрын
Wr halkee jogta sxp
@rutabagafarmer
@rutabagafarmer 10 ай бұрын
Wait....is that a Border Terrier on your lap?
@AccountingStuff
@AccountingStuff 10 ай бұрын
She's a miniature schnauzer
@nicholasiezzi9790
@nicholasiezzi9790 10 ай бұрын
I am learning accounting and I like it but feel like everything is done backwards in it.
@AccountingStuff
@AccountingStuff 10 ай бұрын
You've got this!
@nicholasiezzi9790
@nicholasiezzi9790 10 ай бұрын
@@AccountingStuff thanks just started T-account in Monopoly
@thinkusaarabic
@thinkusaarabic 10 ай бұрын
👍👍👍👍👍
@AccountingStuff
@AccountingStuff 10 ай бұрын
👍
@nurinsofiy4
@nurinsofiy4 5 ай бұрын
@AccountingStuff
@AccountingStuff 5 ай бұрын
❤️
@riddhusolanki7799
@riddhusolanki7799 6 ай бұрын
Is this Australian accounts?
@AccountingStuff
@AccountingStuff 6 ай бұрын
These are basic accounting concepts which are universal
@violetsystems8566
@violetsystems8566 10 ай бұрын
CosmoPAWlitan. Classic.
@AccountingStuff
@AccountingStuff 10 ай бұрын
🐾
@bhadrinath4191
@bhadrinath4191 7 ай бұрын
When I think of accounting, I think of ACCA / ICAEW
@AccountingStuff
@AccountingStuff 7 ай бұрын
Did you do either of those?
@bhadrinath4191
@bhadrinath4191 7 ай бұрын
FCCA
@osmanfuentesjr2445
@osmanfuentesjr2445 Ай бұрын
Bro thanks 🫡✌️
@AccountingStuff
@AccountingStuff Ай бұрын
You're very welcome :)
@ube-23s
@ube-23s 10 ай бұрын
I like that. ***!!!!--- DEALER ---!!!!***
@AccountingStuff
@AccountingStuff 10 ай бұрын
Hope its useful!
@ube-23s
@ube-23s 10 ай бұрын
@@AccountingStuff Yes sir thank you.
@kenesufernandez1281
@kenesufernandez1281 4 ай бұрын
✨❤
@AccountingStuff
@AccountingStuff 4 ай бұрын
@arlenetatum9511
@arlenetatum9511 3 ай бұрын
💞💞💞🥰
@khadijaumatiya9768
@khadijaumatiya9768 4 ай бұрын
YOU MISSED OUT A VERY CRUCIAL POINT - that there are 3 account - Personnel, Nominal & real
@AccountingStuff
@AccountingStuff 4 ай бұрын
Thanks for pointing this out
@vladneverov1211
@vladneverov1211 8 ай бұрын
oh i feel too stupid((( why is it 8k and 13k on 11:00??????
@AccountingStuff
@AccountingStuff 8 ай бұрын
Those are opening balances that have been brought forward from the end of the previous accounting period.
@rodneybustamante2001
@rodneybustamante2001 10 ай бұрын
I guess we have 2 things in common now... I have a Schnauzer too :) Thank you for your videos!
@AccountingStuff
@AccountingStuff 10 ай бұрын
Aww, love Schnauzers!
@GamunuWijesurendra
@GamunuWijesurendra Ай бұрын
😂😂😂 nice acc
@EmpressCameron
@EmpressCameron 5 ай бұрын
Nibbly lil pup
@AccountingStuff
@AccountingStuff 5 ай бұрын
She sure is!
@user-uw4jp1rd3c
@user-uw4jp1rd3c 8 ай бұрын
the funny things is the dog wanna eat your hands
@AccountingStuff
@AccountingStuff 8 ай бұрын
She's still a puppy
@divimanohar4729
@divimanohar4729 3 ай бұрын
Why your dog biting your fingers??😐
@AccountingStuff
@AccountingStuff 3 ай бұрын
She was teething when I filmed this :)
@josephselwan1652
@josephselwan1652 9 ай бұрын
This AccountingStuff is really into AmazingStuff
@AccountingStuff
@AccountingStuff 9 ай бұрын
Love it!
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