The video provides an explanation of what an income statement is and how it can be used to determine the net income of a business. The video breaks down an example of an income statement and explains how to interpret the numbers and...

Calculating Interest when Recording Accounts Receivable

Ch4. Video 9 - Accounting Cycle for Merchandising Business Example Part 2

The video describes the concept of double-entry accounting, which is a method used in accounting to ensure that the accounting equation remains in balance. The video emphasizes the importance of double-entry accounting for accurate...

This video explains the basic Debit & Credit concepts & the 3 golden rules of accounting based for Real, Nominal and Personal Accounts.

This video discusses the importance of disaster recovery planning and how businesses can learn from the pandemic to prepare for future crises. Using the example of a pizza chain that thrived during two crises by getting creative with...

In this lesson, we learn about how cryptocurrency works and how it differs from traditional financial systems. We explore the concept of mining and the use of blockchain technology to facilitate transactions without the need for...

This video is a lesson for finance professionals on how to use a maturity assessment tool and SWOT analysis to identify strengths, weaknesses, opportunities, and threats in their finance function. The speaker shares a personal experience...

This Video explains the need & Importance of preparing Trial Balance & Posting ledger balances in Trial Balance.

Learn how two organizations took different approaches to integrating social and environmental criteria and questions with their financial information. Organizations discussed include Puma and Duke Forests.