Category: Accounting

Financial Statement Analysis: Vertical Analysis – Financial Accounting video

Discussion of the different ways of performing financial statement analysis including examples of ratio calculations and comparisons. Accompanying lecture notes: — Thank you all for your wonderful support. Because of your support we have been able to reach and help numerous accounting students all over the world. Please continue to be a part of […]

Accrual basis of accounting | Finance & Capital Markets | Khan Academy

Simple example of accrual accounting. Created by Sal Khan. Watch the next lesson: Missed the previous lesson? Watch here: Finance and capital markets on Khan Academy: In exchange for being treated as a person-like-legal entity (and the limited liability this gives for its owners), most corporations pay taxes. This tutorial focuses on what […]

Why Study Accounting?

In this video, Professor Norm Nemrow gives a short explanation of why an understanding of the principles of accounting is essential for everyone. Accounting knowledge isn’t just important for business owners or business managers. Regardless of the vocation you choose, you will make important financial decisions that will impact the rest of your life. An […]

Accounting Basics Lesson 4: Assets, Liabilities, Owner’s Equity, Accounts Payable. In this tutorial, accountant Daniel Dickson answers the following questions: What are the Three Main Categories of Accounting Accounts? What is an Asset? What are Asset Accounts? What is a Liability? What are Liability Accounts? What is Accounts Payable? What is Owner’s Equity? What are Owners Equity Accounts?

Accounting Basics Lesson 3.1: How Does Double-Entry Accounting Work, What are Debits and Credits In this tutorial, Daniel Dickson answers the following questions: How does Double-Entry Accounting Work? What is an accounting account? What are Debits? What are Credits? Also, Daniel Dickson goes over an example of how double-entry accounting (also known as double-entry bookkeeping) works in real life.

Revenue Recognition Principle and Matching Principle – Accounting video

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