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IGTC01AF - Financial Accounting Part 1 (EN)
01 - Introduction
01 - The importance of accounting (1:01)
02 - 1. The Accounting Equation
02 - The basic equation (3:17)
01 - Clay tokens, sheep, and Italy (2:06)
03 - Expanded accounting equation SCF (2:10)
04 - Expanded accounting equation IS (2:47)
03 - 2. Assets
02 - Definition of an asset (4:26)
01 - Assets Planes, trains, and automobiles (2:18)
03 - Types of assets Current (3:56)
04 - Types of assets Long term (4:37)
04 - 3. Liabilities
02 - Definition of a liability (3:48)
01 - Obligations to suppliers, employees, governments, and customers (3:14)
03 - Types of liabilities Current (4:02)
04 - Types of liabilities Long term (4:05)
05 - Contingent liabilities (4:13)
05 - 4. Owner's Equity
01 - Owner-s equity Paid-in capital and retained earnings (2:06)
02 - Definition of equity (4:09)
03 - Book value vs. net worth (3:33)
04 - Other components of owner-s equity (4:20)
06 - 5. Financial Statements Balance Sheet
01 - Financial statements Balance sheet for Walmart (2:55)
02 - Where financial statements come from (3:46)
03 - The Microsoft balance sheet (4:00)
04 - Notes from Microsoft on the balance sheet (4:43)
05 - Limitations of the balance sheet (4:08)
07 - 6. Financial Statements Income Statement
02 - Income statement (4:55)
01 - Differences between the balance sheet and the income statement (2:06)
03 - Components of the income statement (4:04)
04 - Revenues, expenses, gains, and losses (3:00)
05 - Earnings per share (4:21)
06 - The Walmart income statement (4:37)
08 - 7. Financial Statements Statement of Cash Flows
01 - Cash cows (1:50)
02 - Statement of cash flows (2:49)
03 - Statement of cash flows Examples (3:53)
09 - 8. How Financial Statements Are Made
02 - Impact of events on assets and liabilities, part 1 (3:43)
01 - The importance of routine bookkeeping (3:41)
03 - Impact of events on assets and liabilities, part 2 (3:05)
04 - Impact of events on assets and liabilities, part 3 (4:17)
05 - Impact of events on revenues and expenses, part 1 (4:18)
06 - Impact of events on revenues and expenses, part 2 (4:09)
07 - Impact of events on revenues and expenses, part 3 (5:18)
08 - Impact of events on revenues and expenses, part 4 (5:01)
10 - 9. Debits and Credits
01 - The accuracy of debits and credits in the days of real books (3:19)
02 - Debits and credits (4:45)
03 - Journal entries, part 1 (5:25)
04 - Journal entries, part 2 (4:54)
05 - Journal entries, part 3 (4:42)
06 - T-accounts and posting (3:29)
07 - Trial balance The raw material for financial statements (2:21)
11 - 10. Accrual Accounting
02 - Net income vs. cash flow (5:09)
01 - The market value of accounting adjustments (1:57)
03 - Four general types of adjustments (4:13)
04 - Adjusting journal entries, part 1 (4:10)
05 - Adjusting journal entries, part 2 (2:51)
06 - Adjusting journal entries, part 3 (3:01)
07 - Adjusting journal entries, part 4 (4:12)
08 - Closing revenue, expense, and dividend accounts (3:21)
09 - Making the financial statements (4:52)
12 - Conclusion
01 - Next steps (1:34)
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06 - The Walmart income statement
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