Understanding Financial Statements and Accounting: Crash Course Entrepreneurship #15

Honestly, “spreadsheets” are kind of the vegetables of the business world -- the very idea of them makes some people queasy. But that’s ok! They can be intimidating, but they’re not impossible to understand. Today we’re going to learn to love ‘em, because basic accounting can make or break a business. If we lose track of expenses or overestimate a revenue stream, we might end up questioning where all the money has gone.

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Eric Prestemon, Sam Buck, Mark Brouwer, Indika Siriwardena, Avi Yashchin, Timothy J Kwist, Brian Thomas Gossett, Haixiang N/A Liu, Jonathan Zbikowski, Siobhan Sabino, Zach Van Stanley, Jennifer Killen, Nathan Catchings, Brandon Westmoreland, dorsey, Kenneth F Penttinen, Trevin Beattie, Erika & Alexa Saur, Justin Zingsheim, Jessica Wode, Tom Trval, Jason Saslow, Nathan Taylor, Khaled El Shalakany, SR Foxley, Sam Ferguson, Yasenia Cruz, Eric Koslow, Tim Curwick, David Noe, Shawn Arnold, William McGraw, Andrei Krishkevich, Rachel Bright, Jirat, Ian Dundore
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Want to find Crash Course elsewhere on the internet?

[no.reply_]

An official accounting course would be nice

[vonaleee]

She explained everything my prof took an entire sem in 10 min.

[ShadowHoper]

This show is the new generation of education.

[kimexplorer]

It’s 12am. I decided to learn accounting

[adam-obaseball]

Definitely going to need to watch this episode multiple times to fully understand.

[stephanielynn]

Studying for my first grad school accounting exam. Bless y'all. I'd love a dedicated accounting course to expand on this and go into more advanced topics!

[sfinga]

It is an interesting video. Maybe for a newbie in accounting it would be useful to explain the accounting formula as:
- Assets are what the business OWNS
- Equities and liabilities (if they have to be seperate, since equity is only a liability to the owner) are what the business OWES.

[derekwilson]

Most important video in the series. Accounting is the nuts and bolts and language of business

[nadineahlers]

ANNA 😺😻 I'M SO HAPPY YOU'RE PARTNERING WITH CRASH COURSE!! Great job! Thank you for the informative video it helps a lot!!

[bunyway]

lol what?! Ana Akana from Equals Three?! Never Thought to see her hosting an Accounting Course! She's a comedy genius!

[isapartee]

Anna showing us how to take care of our mental health and now business health... Nice !

[trtotally]

at 6:20, it is more common to use assets = liabilities + equity (i would have used the term capital) because in order of payment, creditors are paid first with assets and then owners

[mikaela.c]

this is helping me so much oh my god thank you ! college life online is not it.. but this helped me so THANKS !

[jessicaherrera]

You made this simple but informative thank you 😊

[trtotally]

equity could also mean liability (creditors' equity) and the owner's equity. in that case, "capital" is more preferrable than owner's equity

[LadyPinkster]

I love this and I have always love this channel, Khan academy, Smarter everyday.... I am wonder what will happen with their content with COPPA?

[cjc]

Here's hoping Anna Akana hosts more CC series. She's a good instructor.

[lindsayhengehold]

Both important topics, thank goodness for CPA’s and accountants!

[heylana]

Ana Akana 😍 this was unexpected and I love it

[christlercapuyan]

Well said explain, learn alot in this short clip, the start seem to off rhythm but as it goes along instructor has it then, looking forward to see more clip to start my business right away, your welcome and thank you as well. Done subscription.