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9 Views · 1 month ago

💥All in One Cheat Sheet Bundle →

A collection of Accounting tutorials that I have put together over the past three years. I have arranged the topics into a logical, progressive order and removed all commercials, intros & outros for your viewing pleasure!

00:00 - Intro
00:58 - The Accounting Cycle -
14:54 - The Accounting Equation -
18:29 - Debits & Credits -
23:27 - Why Debits & Credits Aren't Backwards -
25:09 - T-Accounts -
34:35 - Journal Entries -
39:55 - What is an Invoice? -
45:38 - What are Assets? -
54:08 - What are Liabilities? -
01:03:45 - What is Equity? -
01:13:20 - The Cash Method of Accounting -
01:17:49 - The Accrual Method of Accounting -
01:24:00 - Revenue Recognition Principle -
01:25:53 - Inventory & Cost of Goods Sold -
01:35:07 - My #1 Accounting Hack -
01:38:07 - Debits & Credits Practice Questions -
01:43:23 - The General Ledger -
01:52:25 - The Trial Balance -
01:59:05 - Adjusting Entries -
02:08:03 - Prepaid Expenses -
02:16:26 - Deferred Revenue -
02:25:29 - Accrued Expenses -
02:37:03 - Accrued Revenue -
02:44:50 - Depreciation -
02:55:51 - Straight Line Method of Depreciation -
03:02:28 - Income Statement -
03:12:16 - How to Make an Income Statement -
03:17:04 - Balance Sheet -
03:27:04 - How to Make a Balance Sheet -
03:33:51 - Trial Balance vs Balance Sheet -
03:39:20 - Intro to Cash Flow Statements -
03:49:24 - Direct Method Cash Flow Statement -
04:06:43 - Indirect Method Cash Flow Statement -
04:16:07 - How to Make a Cash Flow Statement -
04:31:07 - The Key to Understanding Financial Statements -
04:37:09 - Closing Entries -
04:50:22 - Outro

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#accounting #accountingstuff #accountingbasics

21 Views · 1 month ago

💥Accounting Cycle Cheat Sheet →
🖊Accounting Practice Questions →

Would you like to know what Accounting REALLY MEANS? In this short tutorial we'll take 1 simple example and follow it through all 8 Steps of the Accounting Cycle - from start to finish - you'll build a solid understanding of all the Accounting Basics we encounter along the way. Stuff like the Accounting Equation, Debits & Credits, Double-Entry Accounting, T-Accounts, the Trial Balance etc.

If you're an Accounting Beginner, then I recommend watching this all the way through to the end - at least once - to get a complete picture of how Accounting works. Afterwards, you can jump into my Accounting Basics Playlist (see below) and explore every topic in more detail.

▪ The Full Playlist →
▪ Equity Video →

🔴Subscribe for more Accounting Tutorials →

00:00 - Intro
00:16 - What is Financial Accounting?
01:32 - What is a Journal Entry?
01:36 - What does a Journal Entry look like?
02:05 - What is Double Entry Accounting?
02:58 - What is the Accounting Equation?
04:22 - What is the General Ledger?
04:43 - Posting to Accounts
04:49 - What is an Account?
04:58 - The 6 Types of Account - Assets, Liabilities, Equity, Revenue, Expenses & Dividends
05:21 - What are T-Accounts?
06:00 - What does the General Ledger look like?
06:22 - What is a Trial Balance?
06:43 - How to build a Trial Balance
07:10 - Why is it called Trial Balance?
07:32 - What are Adjusting Entries?
07:40 - IFRS vs GAAP
08:21 - What is the Accrual Method of Accounting?
08:41 - Adjusting Entries Example
10:44 - What are Financial Statements?
10:59 - What are the three types of Financial Statements?
11:10 - What is the Balance Sheet?
11:28 - What is the Income Statement?
11:43 - Profit vs Cash Flow
11:54 - What is the Cash Flow Statement?
12:04 - Who would use Financial Statements?
12:41 - What are Closing Entries?
12:51 - Closing Entries Example
13:10 - Post Closing Trial Balance

▪ My Favourite Accounting Book for Beginners →

▪ QuickBooks Online USA (FREE TRIAL/DISCOUNT) →
▪ QuickBooks Online Canada (FREE TRIAL/DISCOUNT) →
▪ Xero (FREE TRIAL) →

▪ Instagram →
▪ TikTok →
▪ Facebook →


Some of the links above are affiliate links, where I earn a small commission if you click on the link and purchase an item. You are not obligated to do so, but it does help fund these videos in hopes of bringing value to you!

#accounting #accountingbasics #accountingstuff

18 Views · 1 month ago

📚 Start a business using case studies:

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In this video, I flew out to Toronto to get the full story of Hush Blankets. Aaron and Leor started this business while working their 9-5's, and they made one of the craziest rebounds I've ever seen from an ecommerce business - the best part, Aaron shared exactly how they did it.

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10 Views · 1 month ago

Bill Gross has founded a lot of start-ups, and incubated many others — and he got curious about why some succeeded and others failed. So he gathered data from hundreds of companies, his own and other people's, and ranked each company on five key factors. He found one factor that stands out from the others — and surprised even him.

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11 Views · 1 month ago

Today on Behind The Brand, Seth Godin details everything you (probably) don't know about marketing. Marketing is often a misunderstood concept often viewed as simply creating demand and driving brand awareness. Seth Godin dispels this view by explaining the difference between brand marketing and direct marketing, evaluating the value of a brand in marketing, and reviewing key differences between psychographic and demographic marketing.

His great insight into what we don't know about marketing is adopted from his bestseller - Seth Godin, This Is Marketing.

THIS IS Marketing book link:
Click here to get a free audiobook copy of Seth Godin's NEW book:

Here's everything you probably don't know about marketing from bestselling author, Seth Godin. His new book, This IS Marketing is probably the first and last book you'll ever need to buy on marketing. Hope you enjoy this Behind the Brand look with Seth.

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12 Views · 1 month ago

A comprehensive plan—with goals, initiatives, and budgets–is comforting. But starting with a plan is a terrible way to make strategy. Roger Martin, former dean of the Rotman School of Management at the University of Toronto and one of the world’s leading thinkers on strategy, says developing strategy means going outside an organization’s comfort zone and escaping the common traps of strategic planning.00:00 Most strategic planning has nothing to do with strategy.01:00 So what is a strategy?02:08 Why do leaders so often focus on planning?04:05 Let's see a real-world example of strategy beating planning.06:33 How do I avoid the "planning trap"? For more from Roger Martin on this topic, read, "A New Way to Think: Your Guide to Superior Management Effectiveness": Harvard Business Review: up for Newsletters: #strategy #rogermartincopyright © 2022 Harvard Business School Publishing. All rights reserved.#strategicplanning #planning #business #explainer #success #howto

12 Views · 1 month ago

Get an exclusive Surfshark deal! Enter promo code ECONOMICS for an extra 3 months free at

There's a massive cost that every developed economy has to deal with that nobody talks about... Infrastructure maintenance. It sounds boring but all of those developments that governments love to talk up can end up costing a fortune to maintain. So what can we do about this and why is this such a problem?

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17 Views · 1 month ago

Download a free audiobook version of "The Richest Man in Babylon" and support TED-Ed's nonprofit mission:

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In the 1600s, the Dutch East India Company employed hundreds of ships to trade goods around the globe. In order to fund their voyages, the company turned to private citizens to invest money to support trips in exchange for a share of the profits. In doing so, they unknowingly invented the world’s first stock market. So how do companies and investors use the market today? Oliver Elfenbaum explains.

Lesson by Oliver Elfenbaum, directed by Tom Gran & Madeleine Grossi.

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Thank you so much to our patrons for your support! Without you this video would not be possible! Lâm Nguyễn, Uirá Maíra Resende, Sebastiaan Vleugels, Adam Foreman, Jeremy Shimanek, Bethany Connor, Vivian & Gilbert Lee, Maryam Sultan, Peng, Tzu-Hsiang, Gabriel Balsa, Shafeeq Ansari, Norbert Orgován, Dowey Baothman, Amer Harb, Courtney Thompson, Guhten, Jordan Tang, Juan, Sid, Tracey Tobkin, emily lam, Kathryn J Hammond, Elliot Poulin, Noel Situ, Oyuntsengel Tseyen-Oidov, Latora Slydell, Sydney Evans, Victor E Karhel, Bernardo Paulo, Eysteinn Guðnason, Andrea Feliz, Natalia Rico, Josh Engel, Bárbara Nazaré, Gustavo Mendoza, Zhexi Shan, Hugo Legorreta, PnDAA, Sandra Tersluisen, Ellen Spertus, Fabian Amels, sammie goh, Mattia Veltri, Quentin Le Menez, Yuh Saito, Heather Slater, Dr Luca Carpinelli, Janie Jackson, Christophe Dessalles and Arturo De Leon.

16 Views · 2 months ago

If you watch this video you'll get 30 years of business knowledge in 2hrs 26mins.

That's right, my entire career of business knowledge and entrepreneurship condensed into one video.

You'll learn the complete A-Z guide of how to start a business in 2024. This will help you take action on your business ideas and find business success.

Support me on my mission to help people pursue their dreams by pre-ordering my book:

0:00 Intro
2:57 How To Start A Business With No Money
11:25 How To Win
17:34 How To Lose
20:44 How To Do A Mind Map (Business Plan)
28:15 How To Find Purpose
34:34 How To Find A Co-founder
40:27 How To Sell
48:55 How To Market Your Business
1:01:08 How To PR Your Business
1:07:28 How To Get An Investor
1:23:23 How To Get Sponsors
1:32:45 How To Build A Brand
1:42:46 How To Hire, Grow And Build
1:52:31 How To Fire Someone
1:58:27 How To Go Global
2:02:02 How To Get A Mentor
2:08:37 How Equity Works
2:19:53 How To Sell Your Business

10 Views · 2 months ago

This video was inspired by Morgan Housel’s amazing book “The Psychology of Money”

I hope this short video inspires you to put down your phone (and social media) for a few hours and go out and grab a copy of this book for yourself.

Check out Morgan Housel’s book here
📕The Psychology of Money

If you are more into Audiobooks, here is a link to that. You can get two of these books for free if you sign up for a free Audible trial with the link below.

🎧Grab The Psychology of Money audiobook here on an Audible trial with 2 free books

What is The Psychology of Money about?

You may think of money as just numbers, spreadsheets, math or an equation that needs to be solved, but the real financial decisions are made away far from calculators, around dinner tables - with ego, pride, fear and personal history.

The true nature of money is the dance between the cold arithmetic of a spreadsheet and human nature.

When it comes to money we are complicated creatures and financial success is not so much about how much you know but how you behave.

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Mind Trap decks


(00:00) Financial DNA (You aren’t Crazy)
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(05:56) Pessimism & Money
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(10:18) The Key to Happiness
(11:21) Tail Events
(15:02) Beyond Bling (True Wealth VS Being Rich)
(16:30) The Real Price
(19:13) Hedonic Treadmills (enough?)

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