The Financial Controller
The Financial Controller
  • Видео 168
  • Просмотров 11 438 216
Trace transaction through Financial Statements (Understand flow of data)
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Download the file used in the video:
thefincontroller.com/p/trace_transaction
Videos mentioned
How to Turn a Trial Balance into an Income Statement:
ruclips.net/video/8jh1BdC57sA/видео.html
How to Turn a Trial Balance into an Balance Sheet:
ruclips.net/video/ptdbIiVA9oQ/видео.html
How to create a Cashflow Statement:
ruclips.net/video/YSdkZI1tXUQ/видео.html
Chapters:
00:00 Agenda
01:02 Transaction
01:25 1. Journal Entry
02:17 2. General Ledger
03:36 3. Trial Balance
05:30 4. Income Statement
06:19 5. Balance Sheet
06:58 6. Statement of Cashflow
What we cov...
Просмотров: 3 272

Видео

5 Most Common Exits 🚪from Public Accounting (The Complete Guide)
Просмотров 5 тыс.21 день назад
Join 10,000 professionals who enrolled in the Controller Academy 🚀 controller-academy.com/courses/controller-academy [coupon 30OFFCOURSE for 30% discount] Download the file used in the video: thefincontroller.com/p/5exit-opps Chapters: 00:00 Intro & Agenda 01:31 Exit 1. Accounting 05:18 Exit 2. Internal Audit 07:52 Exit 3. FP&A 11:41 Exit 4. Product Control 14:51 Exit 5. Equity Research What we...
5 Accounting Adjustments From Easy to Insane 😵‍💫
Просмотров 9 тыс.Месяц назад
Join 10,000 professionals who enrolled in the Controller Academy 🚀 controller-academy.com/courses/controller-academy [coupon 30OFFCOURSE for 30% discount] Download the file used in the video: thefincontroller.com/p/accounting-adjustments-easy-to-hard PwC's guide on Revenue from contracts with customers: viewpoint.pwc.com/dt/us/en/pwc/accounting_guides/revenue_from_contrac/assets/pwcrevenueguide...
3 Steps To Consolidate Balance Sheet of Parent and Subsidiary
Просмотров 7 тыс.Месяц назад
Join 10,000 professionals who enrolled in the Controller Academy 🚀 controller-academy.com/courses/controller-academy [coupon 30OFFCOURSE for 30% discount] Download the file used in the video: thefincontroller.com/p/consolidation-template Chapters: 00:00 Agenda 01:01 3 Step Consolidation 01:09 Step 1 Combine Accounts 02:05 Step 2 Eliminate Investment 03:42 Step 3 Consolidate What we cover in thi...
Revenue Recognition ASC 606 Explained via Example
Просмотров 7 тыс.Месяц назад
Join 10,000 professionals who enrolled in the Controller Academy 🚀 controller-academy.com/courses/controller-academy [coupon 30OFFCOURSE for 30% discount] Videos mentioned here: 1) Various ways to analyze financial statements ruclips.net/video/2iG_BIlB0Lo/видео.htmlsi=ImmVFDr6c34YfHnz 2) How to develop month-end close checklist ruclips.net/video/m_SfIf8PKpg/видео.htmlsi=EsQC4O0oQitCh-YR Chapter...
This Audit Manager makes $78K and his firm makes $588K off of him
Просмотров 4 тыс.2 месяца назад
Join 10,000 professionals who enrolled in the Controller Academy 🚀 controller-academy.com/courses/controller-academy [coupon 30OFFCOURSE for 30% discount] Or Get my Controller bundle, which includes the Controller Academy controller-academy.com/bundles/total-controller-access [coupon 30OFFCOURSE for 30% discount] What we cover in this video: I found this thread on Reddit where an Audit Manager ...
How To Break Into Finance (for non-Finance majors)
Просмотров 3,7 тыс.2 месяца назад
Join 10,000 professionals who enrolled in the Controller Academy 🚀 controller-academy.com/courses/controller-academy [coupon 30OFFCOURSE for 30% discount] Or Get my Controller bundle, which includes the Controller Academy controller-academy.com/bundles/total-controller-access [coupon 30OFFCOURSE for 30% discount] Chapters: 00:00 Intro 01:31 My 3 strategies 01:54 1. Work Experience 04:25 2. Resu...
How CFOs Manage AR! The Ultimate Guide To Accounts Receivable For CFOs
Просмотров 7 тыс.2 месяца назад
Join 10,000 professionals who enrolled in the Controller Academy 🚀 controller-academy.com/courses/controller-academy [coupon 30OFFCOURSE for 30% discount] Or Get my Controller bundle, which includes the Controller Academy controller-academy.com/bundles/total-controller-access [coupon 30OFFCOURSE for 30% discount] Download the Excel template shown in this video: thefincontroller.com/p/cfo_manage...
My job hopping paid off big. But I suffered....
Просмотров 8 тыс.3 месяца назад
Join 10,000 professionals who enrolled in the Controller Academy 🚀 controller-academy.com/courses/controller-academy [coupon 30OFFCOURSE for 30% discount] Or Get my Controller bundle, which includes the Controller Academy controller-academy.com/bundles/total-controller-access [coupon 30OFFCOURSE for 30% discount] Chapters: 00:00 intro 00:52 Agenda 01:30 My own career hop 05:36 Pros of job hoppi...
Reconcile The Balance Sheet Like A Top Controller
Просмотров 19 тыс.3 месяца назад
Join 10,000 professionals who enrolled in the Controller Academy 🚀 controller-academy.com/courses/controller-academy [coupon 30OFFCOURSE for 30% discount] Or Get my Controller bundle, which includes the Controller Academy controller-academy.com/bundles/total-controller-access [coupon 30OFFCOURSE for 30% discount] Download the Excel template shown in this video: thefincontroller.com/p/balance_sh...
How Tesla Realized $6 Billion GAIN in Tax Valuation Allowance in 2023! The Accounting Explained!
Просмотров 4 тыс.4 месяца назад
Join 10,000 professionals who enrolled in the Controller Academy 🚀 controller-academy.com/courses/controller-academy [coupon 30OFFCOURSE for 30% discount] Corporate Tax Academy [use code 30offcourse to get 30% off]: controller-academy.com/courses/tax-academy Download the file in this video here: thefincontroller.com/p/valuation-allowance The early years of a startup company often comes with inc...
Allowance For Doubtful Accounts Explained with Examples
Просмотров 15 тыс.5 месяцев назад
Join 10,000 professionals who enrolled in the Controller Academy 🚀 controller-academy.com/courses/controller-academy [coupon 30OFFCOURSE for 30% discount] Or Get my Controller bundle, which includes the Controller Academy controller-academy.com/bundles/total-controller-access [coupon 30OFFCOURSE for 30% discount] Download the Excel template shown in this video: thefincontroller.com/p/allowance_...
Day in the life of a Tax Director!
Просмотров 6 тыс.6 месяцев назад
Join 10,000 professionals who enrolled in the Controller Academy 🚀 controller-academy.com/courses/controller-academy [coupon 30OFFCOURSE for 30% discount] Or Get my Controller bundle, which includes the Controller Academy controller-academy.com/bundles/total-controller-access [coupon 30OFFCOURSE for 30% discount] Corporate Tax Academy [use code 20offcourse to get 20% off]: controller-academy.co...
Analyze Balance Sheet with AI
Просмотров 17 тыс.6 месяцев назад
Analyze Balance Sheet with AI
Accounts Payable vs. Accrued Expense. Here are real life examples
Просмотров 24 тыс.7 месяцев назад
Accounts Payable vs. Accrued Expense. Here are real life examples
5 Powerful KPIs can REVEAL more about a business than you think!!
Просмотров 20 тыс.8 месяцев назад
5 Powerful KPIs can REVEAL more about a business than you think!!
Controller Academy: Now Accepting Accounting Students
Просмотров 9 тыс.8 месяцев назад
Controller Academy: Now Accepting Accounting Students
Can you pass this Accounting test?
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Can you pass this Accounting test?
will AI replace Accountants?
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will AI replace Accountants?
Top 5 Essential Excel Functions for Accountants
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Top 5 Essential Excel Functions for Accountants
Turn a Trial Balance into an Income Statement in 4 steps
Просмотров 32 тыс.11 месяцев назад
Turn a Trial Balance into an Income Statement in 4 steps
Principles of the Balance Sheet. A mini crash course with everything you need to know
Просмотров 70 тыс.Год назад
Principles of the Balance Sheet. A mini crash course with everything you need to know
I built a financial model that showed me I can retire at 54
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I built a financial model that showed me I can retire at 54
Billing Analyst 🧑🏻‍💻 Job Description & Day In The Life
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Billing Analyst 🧑🏻‍💻 Job Description & Day In The Life
I used ChatGPT to setup the Accounting process for a company
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I used ChatGPT to setup the Accounting process for a company
3 Ways To Explain Accounting Equation
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3 Ways To Explain Accounting Equation
CFO, a day in the life of a Chief Financial Officer
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CFO, a day in the life of a Chief Financial Officer
How To Decide The Accounting Method For A New Business
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How To Decide The Accounting Method For A New Business
4 Accounting Manager Interview Questions and Answers [Most Common]
Просмотров 34 тыс.Год назад
4 Accounting Manager Interview Questions and Answers [Most Common]
How to use Index Match in Accounting and Financial Analysis (Step-by-Step)
Просмотров 20 тыс.Год назад
How to use Index Match in Accounting and Financial Analysis (Step-by-Step)

Комментарии

  • @creativeinspirations8200
    @creativeinspirations8200 7 минут назад

    Just watched and took notes from the video you did 2 years ago. Now I'm excited to watch this one. Thank you!

  • @Catsandguitar
    @Catsandguitar 3 часа назад

    This guy is the best guy ever on RUclips. He’s raising all of our salaries with the best and most clear definitions/detail of all time!!!

  • @danimiaabi
    @danimiaabi 12 часов назад

    I'm seeing myself in this role very soon. Thanks for the imperative and thorough unboxing 👍

  • @A-RashmiPandit
    @A-RashmiPandit 20 часов назад

    What exactly is automation? How to be good at it?

  • @privateconfidential7490
    @privateconfidential7490 22 часа назад

    Top guy

  • @techtexan2816
    @techtexan2816 22 часа назад

    Does it matter where you get your MBA from - assuming it is accredited? I’m currently a software engineer debating on making the switch and I’d have 150 credits and the required amount of accounting courses to take the CPA. Though idk if they’d hire someone with a comp science undergrad MBA with CPA.

  • @spectra7gaming471
    @spectra7gaming471 23 часа назад

    So do these companies people entrust their savings with not alternate auditors or do they stick with 1 of the big 4 firms? which used to be 5?

  • @spectra7gaming471
    @spectra7gaming471 23 часа назад

    @jewelosco where is my union fees refund

  • @spectra7gaming471
    @spectra7gaming471 23 часа назад

    I guess I was supposed to put my grow equipment on the assets list for my fasfa haha

  • @spectra7gaming471
    @spectra7gaming471 23 часа назад

    That school is comitting fraud

  • @spectra7gaming471
    @spectra7gaming471 23 часа назад

    I do not reccomend going to the college of dupage man

  • @samisayed7713
    @samisayed7713 День назад

    😊

  • @muhammadzain8613
    @muhammadzain8613 День назад

    Pls share template

  • @JennKw
    @JennKw День назад

    You are amazing. You should be teaching university courses

  • @alexrosen8762
    @alexrosen8762 День назад

    You look great together 👌

  • @FetaDailyNewsET
    @FetaDailyNewsET День назад

    But i dont think we can write down inventory valuation on gaap

  • @alexrosen8762
    @alexrosen8762 День назад

    Excellent! More practical real life examples like this please 👌🙏👌

  • @LIVdaBrand
    @LIVdaBrand День назад

    Ironically, people in the workforce like to call workers lazy but they are too lazy to train their employees. I find that ironic.

  • @EdwinRomerobusinessch
    @EdwinRomerobusinessch День назад

    A “Good receipt” does not credit AP. It credits a Liability account. Matching an invoice to a PO receipt is what credits the Payable account. Once you make the payment you debit AP and Credit Cash.

  • @NganVo-dt8br
    @NganVo-dt8br День назад

    So exciting! Just a bit bit mistake at Step # 9: deferred revenue but in the blackboard is Accrued Expenses.

  • @MustafaAhmedHassabAllah200
    @MustafaAhmedHassabAllah200 День назад

    How can I connect with your

  • @user-ck2ml6pf6y
    @user-ck2ml6pf6y 2 дня назад

    Hello Bill , Can a foreign graduate with a Master’s degree in accounting from US wwith GPA3.76 get a job in accounting field if he needs H1B sponsorship ? How hard can it be to get the job ? I speak Chinese and English. Do I get much better chance getting the job if a US company is doing business with China and needs an account who is bilingual?

  • @larahporter8123
    @larahporter8123 2 дня назад

    Hey this was an excellent video with a very comprehensive example. I really enjoyed it. Your a real good teacher.

  • @larahporter8123
    @larahporter8123 2 дня назад

    Those are very basic questions, I would say for a student is ok but def not a junior and even less a senior.

  • @leahwong8275
    @leahwong8275 2 дня назад

    Thank you! Can you also create a video on how to reconcile unearned revenue?

  • @thewreathmeshine
    @thewreathmeshine 2 дня назад

    Thank you so much for the clarification! I was struggling until I found your videos!

  • @Gamer-Galaxy-Gameing
    @Gamer-Galaxy-Gameing 2 дня назад

    what is AFM ?

  • @travelbuzz6210
    @travelbuzz6210 3 дня назад

    Same here how would you recommend your courses for accountancy within the UK as well

  • @gosu_bg5818
    @gosu_bg5818 3 дня назад

    Hi sir, would you recommend your courses and videos for Accountancy within the United Kingdom.

  • @oniaschikwata7380
    @oniaschikwata7380 3 дня назад

    Bill Hanna, your explanation in exceptional. You make accounting appear easy. Keep doing what you are doing

  • @abdirahmanceenaanshe338
    @abdirahmanceenaanshe338 3 дня назад

    Thanks for your help

  • @petertenay1785
    @petertenay1785 3 дня назад

    Can u give a class on the accounting software.. I took a Quickbooks class but I forgot everything

  • @HimalayaAhuja
    @HimalayaAhuja 3 дня назад

    Sir can you please upload full detailed course on RUclips

  • @kacperbrodalka217
    @kacperbrodalka217 3 дня назад

    Could you make more of these videos or do you have any additional materials of this type? I think these videos would be greatly beneficial.

  • @joshuabracke5775
    @joshuabracke5775 3 дня назад

    Been binging your content again Bill, thanks so much for this! I've accepted a position as an assistant controller, and these videos have been a great refresher. Thanks!

  • @nclevans
    @nclevans 3 дня назад

    Can you do more examples? Thank you.

  • @michaelmaharlika8569
    @michaelmaharlika8569 4 дня назад

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

  • @tomoraduncan5147
    @tomoraduncan5147 4 дня назад

    Is this an audited financial statement or reviewed. need an audited financial statement

  • @AdrianaEnachescu
    @AdrianaEnachescu 4 дня назад

    Hi Bill, your videos are super helpful! True story here. I worked in accounting for over 12 years. I oversaw acc payable, receivable, billing, I did some journal entries and helped with closing the books. I dont have a CPA or an accounting degree, but an economics/management degree. Our company was acquired by a huge real estate company in 2022. At that time I was a Senior Accounting Specialist and they changed my title to Sr. Account. I worked as a Sr. Account for 2 years, but mostly did my usual AP, AR, Billing, JE etc. They just announced me I will be layoff in September. So, I am confused as what to do with my carrier. Any advice would be much appreciated. Do I go to applying to Sr. Accountant jobs, but I dont have the confidence I can manage that role. Going back to Accounting Specialist would not make sense either. Do i chose other similar profession and what that would be? I am 49. Seeing your videos kinda gave me hope I can understand accounting better and I can apply for an accountant job. Any advice would be great. Do you have some particular videos that I should dig into to cover the basics and give me a chance to be hired and succeed as an Accountant. I have many and very good recommendations from my former supervisors, directors, project managers etc. Thanks so much!

  • @hasysali1159
    @hasysali1159 4 дня назад

    Thanks

  • @AdrianaEnachescu
    @AdrianaEnachescu 5 дней назад

    I always thought accounting was hard and kinda of hate it. You are explaining it so simple and everything starts to make sense. Thank you! I feel like I can finally understand things that I thought I never will :)!

  • @bomanjuliet8358
    @bomanjuliet8358 5 дней назад

    I don't have stock or even sale in my trail balance

  • @fernando9175
    @fernando9175 5 дней назад

    What AI will bring is the possibility for bookkeepers and Accountants be more efficient and more productive, that will allow more focus on growth strategies and big corporations employees expense.

  • @mushtaqali630
    @mushtaqali630 5 дней назад

    If the interest rate is high, will raising capital via equity not become expensive eventually?

  • @iloveyou33714
    @iloveyou33714 6 дней назад

    Thanks so much Sir, this is very helpful

  • @anaheredia6226
    @anaheredia6226 6 дней назад

    Question - If we are booking the vacation liability captures part of an employees yearly compensation. Does this mean that this portion of their salary is reduced when booking unpaid wages to the balance sheet?

  • @AdrianRamirez-qb1wm
    @AdrianRamirez-qb1wm 6 дней назад

    I do believe in accounting the work-life balance can be more stressful as there are tight deadlines to close books, send financials, etc!

  • @vishwavishwa2188
    @vishwavishwa2188 6 дней назад

    The dealer method is so easy to understand. Thanks❤

  • @stephanielopez5302
    @stephanielopez5302 6 дней назад

    Great video, thank you for sharing your knowledge

  • @zerefdragneel947
    @zerefdragneel947 6 дней назад

    why is expense under 'own' category?