What is a Financial Statement? Learn the basics in Minutes!
Welcome to Accounting Basics!
In this video we explain the three core parts of the financial statements in a simple way:
The Income Statement
Balance Sheet
Cash Flow Statement
You will Learn:
What a financial statement actually is
The purpose of the Income Statement (a.k.a. Profit & Loss or P&L)
How the Balance Sheet gives a snapshot of a business’s financial health
Why the Cash Flow Statement is essential for tracking real cash movement
Key financial ratios you can use to analyze performance
The video is perfect For:
Business owners & side hustlers
Students & accounting beginners
Anyone wanting to make smarter financial decisions
By the end of this video, you’ll have a solid understanding of how these statements work together to tell the full story of a company’s finances — and how to use them to your advantage.
Please Like, Subscribe & Hit the Bell!
Got questions? Drop them in the comments — I’m always happy to help!
#accountingbasics #financialstatements #incomestatement #balancesheet #cashflow #accountingforbeginners #financetips #smallbusinessaccounting #financialliteracy
Видео What is a Financial Statement? Learn the basics in Minutes! канала Accounting Basics
In this video we explain the three core parts of the financial statements in a simple way:
The Income Statement
Balance Sheet
Cash Flow Statement
You will Learn:
What a financial statement actually is
The purpose of the Income Statement (a.k.a. Profit & Loss or P&L)
How the Balance Sheet gives a snapshot of a business’s financial health
Why the Cash Flow Statement is essential for tracking real cash movement
Key financial ratios you can use to analyze performance
The video is perfect For:
Business owners & side hustlers
Students & accounting beginners
Anyone wanting to make smarter financial decisions
By the end of this video, you’ll have a solid understanding of how these statements work together to tell the full story of a company’s finances — and how to use them to your advantage.
Please Like, Subscribe & Hit the Bell!
Got questions? Drop them in the comments — I’m always happy to help!
#accountingbasics #financialstatements #incomestatement #balancesheet #cashflow #accountingforbeginners #financetips #smallbusinessaccounting #financialliteracy
Видео What is a Financial Statement? Learn the basics in Minutes! канала Accounting Basics
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31 мая 2025 г. 1:12:08
00:07:32
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