The CASH FLOW STATEMENT for BEGINNERS

The 'Cash Flow Statement', or 'Statement of Cash Flows' is one of the three major Financial Statements, along with the Income Statement and the Balance Sheet. In this tutorial, you'll learn what a Cash Flow Statement is and I'll show you how to build one using the Indirect Method.

⏱️TIMESTAMPS
00:00 - Intro
00:06 - Cash Flow Statement Definition
00:18 - Why do we need a Cash Flow Statement?
02:15 - What is a Cash Flow Statement?
03:45 - Direct Method Cash Flow Statement
05:00 - Indirect Method Cash Flow Statement
06:38 - How to make a Cash Flow Statement (Indirect Method)
08:07 - What are we reconciling?
08:43 - Cash Flow from Operating Activities
12:33 - Cash Flow from Investing Activities
13:36 - Cash Flow from Financing Activities

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#accounting #accountingstuff

[AccountingStuff]

If you'd like to skip to a section...

⏱️TIMESTAMPS
00:00 - Intro
00:06 - Cash Flow Statement Definition
00:18 - Why do we need a Cash Flow Statement?
02:15 - What is a Cash Flow Statement?
03:45 - Direct Method Cash Flow Statement
05:00 - Indirect Method Cash Flow Statement
06:38 - How to make a Cash Flow Statement (Indirect Method)
08:07 - What are we reconciling?
08:43 - Cash Flow from Operating Activities
12:33 - Cash Flow from Investing Activities
13:36 - Cash Flow from Financing Activities

[paulvukeles]

I have been a CPA in the US for the last 28 going on 29 years. I have taught accounting at both the university (undergraduate and graduate) and community collage level for the last 25 years. This is the most comprehensive and clearly stated lecture I have ever witnessed. I am almost embarrassed to say, better than any that I have myself presented in a class room.

Well studying for the CPA exam, I wish I had this 29 years ago. It would definitely helped. Well done.

[devanfenwick]

crazy how im paying 20 grand a year for an education and instead watching your free videos online

[teresaconners]

This tutorial is extremely helpful. I think now that I've found your channel, I should be able to learn what I need to help me pass my financial management class. Thank you so much for putting this information out there. On-line classes are hard to grasp, especially when there are no lectures. It's nice to be able to turn to You Tube for help with my classes. Thank you so much!

[johnb]

I am studying to become a bookkeeper and understanding cash flows statements is one of the most challenging topics for me. James did a great job in explaining of how to deal with a gain or a loss on the sale of office equipment, furniture.

[bun]

i cannot begin to express my gratitude to this i have learned so much more from your videos than i have from my textbook. seriously, you are such a fantastic teacher and i appreciate all of the effort put into every video!! could not have learned accounting without you

[JesseLockeHereDo]

I just bought your "All in one cheat sheet & practice question bundle." My man, you are heaven sent! Thank you!

[pooloo]

I learned a lot from this tutorial. It really saved me a lot of reading hours from our textbook. Thank you!

[gerganakaymakanova]

You're the teacher everyone needs. So thankful!

[jeb]

These presentations are down to earth, simple to understand. I love the way the explanations are done

[tevitatalanoa]

The company that I work for uses the direct method. I do understand why you say its hard. It takes time to look for the required info, it all comes down to knowing where to retrieve it from the accounting system and balancing it to the bank. I really like how you explain things really cleary!! Always great to have a refresher 😊

[IsThisRain]

The way you visually explained the SCF on 4:40 makes this so much easier to understand. I was over-complicating this topic for myself, just straight-up memorizing formulas without understanding why they're important lol

[arjunadhikari]

The presenter has made complex concepts amazingly simple and clear. Thank you so much!

[marielewis]

Thank you so much for this tutorial! Although the ranching/farming business is very different from your example business, your simple explanation of this complicated spreadsheet is super helpful to me.

[jhaik]

I am a CPA and I can say that you explain everything so nicely. Do a lesson on deferred taxation

[Wofanie]

Man i am curently doing my MBA and this info is very vital. Thanks for putting this together. I dont have any finance or accounting experience and i need to read a 594 paged book to work on an assignment. This is a life saver.

[Bigmoneycwu]

Once again, you're an absolute legend. The best accounting teacher, period.

[RxD]

I can't even put into words how helpful this tutorial is. Thanks so much!

[TiffanySngYongQi]

Thank you thank you! I wish my university can teach like you! Theory, explanation, and examples! Clear, organised, and even aesthetic! Pray I pass my Finance and Accounting modules!

[mwmaster]

Absolutely great, i couldn't get through my financial reporting module without your help. Thanks!