This is my version of an engaging method to teach you US GAAP or Generally Accepted Accounting Pricinples, simply by discussing how they apply to each line item on the income statement.
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GAAP Explained With Examples | Mapping Income Statement Lines to GAAP
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GAAP Explained With Examples | Mapping Income Statement Lines to GAAP
financial controller
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Thanks for your videos
Yesterday I watched your video and I can answer most of the interview questions related to accounts successfully in my today's interview… Keep post more video my dear friend..
Thanks a lot, Please make video for balance sheet also using GAAP
You make very informative videos. Please keep going!
Can INDIA CA/CMA students watch this ? Will it be helpful for INDIA CA/CMA?
Bill you are really awesome. Thank you for sharing the knowledge.
Hi, I am from India and I am working as accountant but not exactly end to end doing only doing a 1 part of it so now I am searching for job as a financial controllerand for that I have saw lots of vedios on youtube but not exactly understanding the concept very deeply if you will give traning or online course on it if possible in easier way so it would be great help to me to crack an interviews
i am so confused – under GAAP rules and accrual accounting – if you sell a contract for a one-year $10,000 subscription and the contract is signed 1/1. you invoice monthly beginning on 1/15. and the subscription is effective 2/1. how…. how… do i record this? what date is the revenue "recognized"?
Hi Bill, thanks a lot for the nice video. Could you please make videos to analyze financial statements by considering the (IFRS & ASPE) standards plus preparation of year-end audit/annual audit based on a real-life sample, as such by any chance quarterly SOX report?
Thanks in advance.
Crab cakes sound really good right now. I haven't had one in years, come to think of it!
it is very useful for my interview panel, now I am started watching all your videos. Thanks a lot,
Please make more videos. I learned a lot. Could you please make some videos related with payroll such vacation accrual? Thanks
Sir, As per my knowledge and google search, you only explained well about GAAP. If you give a example journal entires along GAAP mapping, also helpful for us Thanks
can you explaine the Al Capone case and how they charge with with Tax Evasion?
Quick question so you say there is no math in accounting in Shane’s video?
Sorry I didn’t understand that part very much. Thank you!
All your videos helped me a lot.
would you please explain how to become a financial controller and what is your responsibility if you don’t mind thanks
Hi, your videos are very informative, can you also perhaps consider a refresher on IFRS 9, 15 and 16…
Hi Bill, great video. Could you make a video on multi-national qualifications? I have my final ACCA Exam in a couple of weeks; Interested to see which American employers would recognise this over CPA. Thanks!
thanks for everything you teach us on this video
Great stuff dear Bill 🙂 Appreciated.. And May i just check one thing here, will go for accrual only if incase we are not billed to customer? Or do we have any other scenario where we accrue revenue except Unbilled to customer?
Thanks for such a nice illustration! Please upload more videos wrt US GAAP.
Can u pls make a video on us Sox compliance for internal accountants
You have enhanced my understanding and interpretation of income statement, this is super good!
I would appreciate your deep dive of IFRS 16
Thank you for keeping the words. Can I expect more videos in this topic?? As it is very vast portion and your explanation save our times with better understanding. Thanks once again.
Thanks a lot, Finance Controller, your explanations are highly valued.