Prepare A Cash Flow Statement | Indirect Method

Man just I have some words for you. Thank you.

From what I have learned so far, it's interesting and a little confusing that the Cash Flow Statement considers all expenses to be part of "operating activities" which includes tax/interest expenses, whereas the Income Statement considers tax/interest expenses to be non-operating expenses (they are not factored into the calculation for "operating profit [EBIT]", but are factored into calculating the final profit which is "net profit").

thank you so much

OH MY GOD! I AM SO HAPPY I FOUND THIS VIDEO! I just watched your Cash Flow Statement for Beginners video but STILL felt like I was missing something and I've been agonizing over this for 2 hours for my Intermediate Accounting class. THAAAANK YOOOOU! I needed it simplified more than my textbook and instruction videos were doing it and this hit the nail on the head.

your effects/transitions & noises are a bit much and distracting when trying to follow along. nice summary of the info though.

net income is $70,000 and cash flow is $70,000. naiiiice =)

I have to prepare the cash flow indirect method that too consolidated with NCI and associate for my SBR exam so was helpful revision

thx bro

Great video as always. Easy to consume especially for non-accounting major like me.

I'm seeing your videos from the beginning of your channel very good explanation and very good information

Investment income (Non cash expense) will feature on the operating system, but I’m not sure how it’s recorded.

Awesome video thanks 🙏

Thanks

Thank you I really like the basic financial lessons

I am from Nepal 🇳🇵

I can’t. There’s 1,000 different hand motions going on.

Man, thank you! I am in Intermediate Accounting 1 right now and this is the only piece I didn't understand - you explained it more clearly in 10 minutes than the class did in a full chapter plus two hours of lectures.

In the banking sector ,does the direct method lend itself more than indirect due to the nature of banking?

great video. Thank you! If I sell an asset used to run my clothing business, such as a machine it will be captured in Net income, hence CF from operating activities. But won't it also be captured in CF from investing activities? So there will be double counting when adding operating, investing, and financing CF?

the quality of this video from the simple explanations to camera quality, video editing and getting our attention you explained better than my prof who made it long and overloaded with information

man you are legend ,, you helped me a lot in the final exam

Thanks

Great video thank you so much

thank you so much..

thanks for the wonderful explaination. Can you please explain to me why we didn't add back tax expenses? :) many formulas in CFA would propose CFO = EBIT (Operating Profit) + Dep Exp - Change in WC.

Is my logic Right?

Absolutely GREAT!! I love how, step by step, you explain in precise detail the cash flow statement. Would love to see cash projections for 13 weeks

This was very helpful. Thank you!

I really appreciate your videos James, thanks a lot

Thanks for vids, great explanation of basis shown in easy way. Keep doing your work. Cheers

Will you do a video about the statement of stockholder's equity?
Love your videos btw

medical student. no any buisness background, but these videos are making me understand the concept. thanks

Why on earth would we use the Direct Method when this is so much easier. I wonder if I need to learn the direct method for the CPA exam. Thanks for the clear and concise explanation.

Very useful!

Short term loan, cash receiving and settlement is reported as operating or investing activity?

Temporary investment, the selling and buying is reported as operating or investing activity?

You explain so well😭 thank you.

superrr thank you!!!

Thanks for the great video. You're a much better teacher than my financial analysis professor.

This is the best Operating Cash Flow using Indirect Method video I've seen. I don't have an accounting background and I was able to understand. Thank you so much for starting with the fundamentals

I have really struggled to wrap my head around cash flow statements... period!!!!!!! And I have a cash flow statement assignment due soon. And thanks to you and the mini-series, I won't be forgetting how cash flow statements work any time soon. These videos have been my life saver, to make sure that I really do understand cash flow statements thoroughly and nail that assignment. 😊

U are an incredibly good accountant and teacher

I was taught in my studies to use profit BEFORE tax as the starting point

bro ur such a lifesaver

Easy to understand 😊. I wish my lecturer put simpler word like yours. Love from Malaysia ❤

love your teaching. can you share a content of how to create a statement of sources and uses of funds?

Why we do not add PPE to Gain/loss on sale of NCA"s

Hi, pls can u tell how an increase in Accrued Liability affect cash flow?. Suppose, if there is an increase of accrued liability of $1000 then what would be the effect on cash flow from Operation?

nice content. This video saves my accounting.