Check out this week’s video on Owner’s Equity! VIDEO SUMMARY So in last week’s video, we talked a lot about the Balance Sheet. I wanted to make a video specifically about Owner’s Equity. I feel like a lot of people focus most of their time on understanding assets and liabilities. But Owner’s Equity is just …
Read more “Why Owner’s Equity is Important (Capital Structure & Liquidity)”
Check out this weeks video! This is a really important topic I have been waiting to discuss! VIDEO SUMMARY This video will tell you why we use Debits and Credits Almost all accounting classes teach Debits and Credits through memorization. In all your accounting classes, you are going to learn different journal entries and the …
A fun video for this week!
Check out my explanation of accounting systems! VIDEO SUMMARY We are going to talk about accounting systems, or what is generally called “bookkeeping.” Bookkeeping is the process of recording transactions in an accounting system. Now this is really important, because pretty much all accounting systems are based on the same process. So if you understand …
In this video I share my definition for accounting. Check it out! VIDEO SUMMARY What is accounting? This is an interesting question, because accounting is a broad field. You have tax accounting, managerial accounting, financial auditing. The question is whether there is a common description to describe the umbrella of accounting. Now I have made …
Check out this week’s video on Fiscal Responsibility. This is something a lot of people don’t talk about but is VERY important! VIDEO SUMMARY In the last video we talked about passion, and why it is important to your business. In this video we are going to talk about something that is equally as important, …
Read more “The ONE thing you MUST have to reach your goals (Fiscal Responsibility)”
In this week’s video I talk about one of my favorite subjects, designing business models and explain the ULTIMATE business model. (hint: it has to do with Passion). Check it out below! VIDEO SUMMARY Something accountants do a lot of, is create business models. And a business model is basically how you structure your business …
This week we talked about Ethics!! This is such an important topic in business I wish people talked about more. Check it out! VIDEO SUMMARY: So I wanted to make a video on ethics for a while, because it’s one of those subjects that not enough people talk about. And I want to talk about …
This is a quick description of some of the Financial Research I have been working on… VIDEO SUMMARY: So I just finished a video series on the Core Concepts of Finance. That was 42 videos talking about the main ideas in Finance. So I thought it would be fun make a video about my own …
This is the final episode in my video series on the Core Concepts of Finance. I am so excited to make this video. Check it out… VIDEO SUMMARY This is the final video in my video series on the “Core Concepts of Finance.” So it has taken me one year, and I have uploaded six …