We're told to put the Accruals, Prepayments under the title of other expenses unless specified as seperate accounts in the P/L. Can you do a video on how to move all the figures around through the ledgers? This is what MOST of my class get stuck on.
Woaww thank you. I failed my advanced accounting exam but thanks to you i understand CFS really well and other aspects of accounting! hope i'll pass my exam now! Great!!
AMazing Lady love your teaching skills and your personality as well so please doing such good stuff for all of the world for good changes.God bless you mam May you live long
I really appreciate your efforts for the promoting of Accounting. You are my teachers i have learnt allot from your online tutorials. I don't have vocabulary to explain you. Thanks Teacher
@johntwood69 this is the direct method. My professor is teaching us the indirect method because it is the method GAAP prefers but most companies use direct
The funniest thing is the gay that is behind the camera breathing makes that much effort to push play . What is your main motivation to do this videos??? the rating may change in other videos .
gains and losses are to be added back to net income - it's ok. But as to income tax - what about deffered tax assets and liabilities? You should take account of this as well.
Neither cash generated from operations is separetely presented. This doesn't result in a mistake but it is a simplified form of Cash Flow Statement
she said if the inventories decrease means compare to prior year you have less inventory in current year which means you sold more inventories that will increase your cash
Hi Susan, Thanks so much for these videos. Very good! I don't quite understand why you add 'losses' but subtract'gains' from PP&E transactions. Can you explaine a bit more?
You add losses and subtract gains, because you start from "Net Income" on the statement of cash flows. Losses and gains are factored into Net Income, but they don't affect cash. Example: You earned $50k this year. Also, your house is struck by lightning, devaluing it $10k. Your "net income" this year then is $40k, because you lost $10k worth of an asset. However, if you haven't yet fixed the house, you still have $50k in cash. Add your 10k loss to your 40k net income to get your 50k cash.
@MBAGabe Your example helped me, Can you give me an example for Gain, in a story, so I able to understanded it more, like the example you did above for adding losses. I dont' understand why we subract gains??? Plz Help
@SuperVdiesel Just assume that the value of your house appreciaed from 50k$ to 60k$, that is 10k$ gain but the cash you have in hand from your Income is still 50k$..
I have an exam tomorrow.. im going into the final exam with 87.5% but didnt cover anything since midterm!!! Your cashflow videos are great and makes it easy to understand!! Ive never made a video but after my hopefully successful exam, I just might make one as a response! Thanks again! keep it up! :D
Thanks for not only the video, but the way you present it. I'm studying for an accounting exam and this is amazing help. I also appreciate the enthusiasm you have for the subject.
very nice
fuckthegoverment100 4 weeks ago
Thnak you Mam, you are great.................
waseemchughtai 1 month ago
what about the difference between the indirect and direct methods??
GalassiaGrassetto 2 months ago
Thank you for making Cash Flows so simplified!!!!
Student from Canada
DarlinM1960 2 months ago
great! where is she?
taynodick 4 months ago
Where have you been in all my university life!?!
Good job!
Desperate4changing 5 months ago
I sooo lOvE it... Excellent work..!!!
novellez 6 months ago
Very helpful.. I feel more confident heading into my test tomorrow. Thank YOU!!
brandoe91 6 months ago
Thanx a lot... tht u made my day!!!!
alvinroven 7 months ago
We're told to put the Accruals, Prepayments under the title of other expenses unless specified as seperate accounts in the P/L. Can you do a video on how to move all the figures around through the ledgers? This is what MOST of my class get stuck on.
LtCrawl 8 months ago
That was sooo useful. I have an exam in this tomorrow :D i hope it comes up now
TheVuze11 8 months ago
i'd tap that...
o266242 9 months ago
Aaaa lol
pat36easy 9 months ago
You r one in a million @ 2.10 it as never been cleared to me. now I just want to say thanks again
poshstars 10 months ago
Woaww thank you. I failed my advanced accounting exam but thanks to you i understand CFS really well and other aspects of accounting! hope i'll pass my exam now! Great!!
MrFabienc1 10 months ago
Thankyou so much, truly thankful you take your time out to help others, a very rare trait these days
kahika84 10 months ago
This has been flagged as spam show
great ..would you show your reference books
primhidas 10 months ago
Thank you for making this helpful video.
propagandaz1 11 months ago
you are great in teaching! thank you
love21101 11 months ago
This has been flagged as spam show
AMazing stuff, great attitude and a wonderful teaching style. I really love your way of teaching. God bless you, may you live long. Thank You!
kashifbadar 1 year ago
great teacher
thisisouraccount 1 year ago
you are so awesome!
butzloffrost 1 year ago
if the inventory number is NEGATIVE on OCF, does that mean the firm spent money purchasing raw materials? Or does it mean they didn't sell anything?
6848811 1 year ago
AMazing Lady love your teaching skills and your personality as well so please doing such good stuff for all of the world for good changes.God bless you mam May you live long
2254170 1 year ago
Thats amazing love her so much may you live long rally a good teacher....regards...
2254170 1 year ago
fucking concordia why dont you hire this woman
DAVISITO25 1 year ago
god she is amazing.
Mr81points 1 year ago
I know the indirect method is the most common reporting standard, but unfortunately, i have to learn direct and indirect.
pr1nyc1 1 year ago
I love you. So fun to learn from you. You have a great attitude and a wonderful teaching style. Thanks for being here. You rock!
StokedErik 1 year ago
I find it confusing what to subtract and what to add.....
kimcheolho 1 year ago
G-d bless you...Let's do this again for M&A accounting next quarter...
iym666 1 year ago
this is really helpful... thanks for helping me..
seriously, i want you to be my prof ..
ToRiMA7411 1 year ago
thank you so much, you make me love accounting and start to understand it simply. No words enough to explain to you how much i apreciate your effort.
love you.
mazenasi 1 year ago
Thanks for the useful videos. I am currently launching my own business, and need to sharpen my knowledge of these topics.
THANKS!
naranji22 1 year ago
I really appreciate your efforts for the promoting of Accounting. You are my teachers i have learnt allot from your online tutorials. I don't have vocabulary to explain you. Thanks Teacher
Ikram302 1 year ago
if only she could do my exam
khelo123 1 year ago
SusanCrosson <-----can walk on water....fyi
joemols 1 year ago
This is the indirect method since we are starting with net income.
AIOAccounting 1 year ago
Is this indirect or direct method?
johntwood69 1 year ago
@johntwood69 this is the direct method. My professor is teaching us the indirect method because it is the method GAAP prefers but most companies use direct
ASKROSE 1 year ago
you r angel.ur teaching is amazing.thanx for ur all videos.
sohailjana 1 year ago
You're amazing Thank You
Claviale 2 years ago
The funniest thing is the gay that is behind the camera breathing makes that much effort to push play . What is your main motivation to do this videos??? the rating may change in other videos .
greenprocess 2 years ago
I turn to you when cramming time comes! Thanks for all your help!
750dmc 2 years ago 2
@750dmc I wish i new about these videos before cramming time lol :p
flinagin 1 year ago
gains and losses are to be added back to net income - it's ok. But as to income tax - what about deffered tax assets and liabilities? You should take account of this as well.
Neither cash generated from operations is separetely presented. This doesn't result in a mistake but it is a simplified form of Cash Flow Statement
windvent 2 years ago
uhm, gains or loses on sales of PPE and/or investment acivitities is recorded in Investing, not operating activities
RaiderNation4Life18 2 years ago
gains or losses are recorded in operating and proceeds from the sale are recorded in investing
MsIsaidit 2 years ago
really helpful!
t8otti 2 years ago
i love this woman! this is so helpful esp. with finals coming up :)
jessixbaby 2 years ago 13
Talk about saving my bacon! Very informative. Thank you so much for posting this.
MsMandi 2 years ago
very helpful
Ricky1HK 3 years ago
If inventory is sold on credit then it will show a decrease, but not an increase in cash. I don't follow that reconciliation.
5150dallan 3 years ago
she said if the inventories decrease means compare to prior year you have less inventory in current year which means you sold more inventories that will increase your cash
jian1107 2 years ago
this stuff sucks i hate it... it makes finite math look appealing! and more logical..
00firebird 3 years ago
thanks a lot susan! nice explanations
Leaderpass 3 years ago
i like your video's susan, they've really helped me
staffacct1 3 years ago
Thank you very much.
mikez1 3 years ago
Hi Susan, Thanks so much for these videos. Very good! I don't quite understand why you add 'losses' but subtract'gains' from PP&E transactions. Can you explaine a bit more?
lwpiano 3 years ago 2
You add losses and subtract gains, because you start from "Net Income" on the statement of cash flows. Losses and gains are factored into Net Income, but they don't affect cash. Example: You earned $50k this year. Also, your house is struck by lightning, devaluing it $10k. Your "net income" this year then is $40k, because you lost $10k worth of an asset. However, if you haven't yet fixed the house, you still have $50k in cash. Add your 10k loss to your 40k net income to get your 50k cash.
MBAGabe 3 years ago 19
@MBAGabe Your example helped me, Can you give me an example for Gain, in a story, so I able to understanded it more, like the example you did above for adding losses. I dont' understand why we subract gains??? Plz Help
SuperVdiesel 1 year ago
@SuperVdiesel Just assume that the value of your house appreciaed from 50k$ to 60k$, that is 10k$ gain but the cash you have in hand from your Income is still 50k$..
rbehani777 1 year ago
@rbehani777 Thx you so much, with the example you give me, i was able to learn it. Thank you and god bless.
SuperVdiesel 1 year ago
@MBAGabe if your house is struck by lightning, devaluing it $10k, that doesn't affect net income at all
TheKenPlace 2 months ago
WOW!!! I wish you were my teacher! Great explaination. With your help, I'll be ready for the exam tomorrow
dimawinner 3 years ago 2
Hi susan,
Just wanted to thank you for taking the time and effort to prepare these videos. They are very instrumental!
destepan 3 years ago 2
good job,tnank you...
morttino 3 years ago 2
I have an exam tomorrow.. im going into the final exam with 87.5% but didnt cover anything since midterm!!! Your cashflow videos are great and makes it easy to understand!! Ive never made a video but after my hopefully successful exam, I just might make one as a response! Thanks again! keep it up! :D
akantu 3 years ago 2
thank u i have an exam tomorrow your video helps a lot ( i hope ) good job !
Adil888 4 years ago 2
thank u
odeesanchez 4 years ago
this is effective way of learning in very short time, after watching ur movie the rest of study from books become easy. greate work
yasiryahoo 4 years ago 2
Hi Susan, I love your videos and they're absoulely awesome!!! You're way better than my professors I had from college. : )
CryBearARiver 4 years ago 2
Thanks for not only the video, but the way you present it. I'm studying for an accounting exam and this is amazing help. I also appreciate the enthusiasm you have for the subject.
maxwest33 4 years ago 2