Want to learn more about how accounting works? Then the "Accounting 101" playlist is for you!!!! Located here: kzitem.info/news/bejne/w29psXajnIqSoX4&pp=gAQBiAQB
@violetworld541
7 күн бұрын
I can't thank you enough for all the videos you've made. It certainly helps me with a refresher of the accounting lessons I had a few years back.
@TheFinanceStoryteller
7 күн бұрын
Great to hear! Yes, it's nice to go through the concepts again once you have gained a bit more experience.
@MARKCRASTO
Жыл бұрын
Thank you for this!
@TheFinanceStoryteller
Жыл бұрын
My pleasure! 😎
@konstancyja82
Жыл бұрын
Great explanation! Thank you 🙏🏻
@TheFinanceStoryteller
Жыл бұрын
Glad you enjoyed it! 😊
@Adrian-cn5rk
Жыл бұрын
This beats reading the textbook, at least from a high-level overview
@TheFinanceStoryteller
Жыл бұрын
Wow, that is very nice to hear. Thank you very much for the kind words.
@Adrian-cn5rk
Жыл бұрын
@TheFinanceStoryteller No problem! Do you have any videos on understanding concepts or tips? I can remember facts easily, but understanding concepts has always been difficult for me.
@TheFinanceStoryteller
Жыл бұрын
I always "go heavy" on the examples in my videos, and from there you can "zoom out" to the concept. For example, have a look at my videos on net present value, current ratio, balance sheet, income statement etcetera. Plenty of discussion in there on how the concept works in the real world.
@Adrian-cn5rk
Жыл бұрын
@TheFinanceStoryteller the man 👏🏾 Definitely gonna watch and absorb, thanks again!
@TheFinanceStoryteller
Жыл бұрын
Hey Adrian! How's the studying?
@tessabio679
Жыл бұрын
you are awesome !
@TheFinanceStoryteller
Жыл бұрын
TYSM! Glad you enjoyed the video. 😊
@Erez.Levi.Stocks
Жыл бұрын
Hello dear friend how are you? I have a question that is not necessarily related to this video but I would appreciate it if you could help me. Do US companies pay tax on the dividend and if so, where can I see it in the financial statements? Thanks in advance.
@TheFinanceStoryteller
Жыл бұрын
Hello Erez! Doing well, thank you! I have not researched the topic extensively, but from personal experience I know there is a withholding tax on the dividends that I receive from US companies. This withholding tax can be offset against my Dutch taxes payable, due to international treaties to avoid double taxation. So for me the net impact is zero. I think these withholding taxes are seen as something that affects the shareholder that receives the dividend, not necessarily the company paying the dividend, so as far as I know this is not reported in the financial statements (or the notes to the financial statements).
@Erez.Levi.Stocks
Жыл бұрын
@@TheFinanceStoryteller Thank you very much, you are right. I got confused, the tax is deducted from the shareholder who receives the dividend.
@tramy8564
4 ай бұрын
Thanks to your video. I have a question that: If the company's revenue in financial statement is higher than actual amount, what account principle that the company has violated?
@TheFinanceStoryteller
4 ай бұрын
I would argue conservatism / prudence. What do you think?
@tramy8564
4 ай бұрын
@@TheFinanceStoryteller I'm confused between conservatism/prudence and materiality. Is it possible for both to occur simultaneously?
@TheFinanceStoryteller
4 ай бұрын
Overstating revenue is taken very seriously by authorities and auditors. In fact, it is a very common factor in a lot of accounting fraud cases. I have seen many CFOs getting fired for not having revenue recognition under control (and booking too much revenue is obviously a far bigger problem than understating revenue). Have a look at my revenue recognition video for more information: kzitem.info/news/bejne/mWdst2qmiJN4qWk Overstatement of revenue of any amount is seen as an issue, regardless of the size, so I don't think materiality is the main concern here.
@BamideleOlubunmi-rl5hk
9 ай бұрын
Interesting Bamidele Felicia Olu.
@LilttleAudrey
Жыл бұрын
LOVES IT!!!!!! < 3
@TheFinanceStoryteller
Жыл бұрын
Wonderful to hear that!!! Thank you.
@Nabinray
Жыл бұрын
sir can you make one separate video of discount cash flow please
@TheFinanceStoryteller
Жыл бұрын
Thank you for the suggestion. Part of DCF is covered in my video on WACC: kzitem.info/news/bejne/koVjqpaqj6eWgKw
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