Master Finance in Three Hours

This video introduces the Cash and Accrual methods of accounting and provides examples to illustrate how cash accounting recognizes revenue and expenses.

This video provides examples in order to illustrate how accrual accounting recognizes revenue and expenses.

Please check in the supplementary material, there are eight (8) exercises; each one is asking you to apply the cash or accrual method of accounting for revenue and expenses. Try to do them on your own and then check below in the same file the correct answer.

I have included also the same supplementary material in pdf form in case you cannot open it a .doc. form.

This video discusses the advantages and disadvantages for a business that is using the cash accounting method.

This video discusses the advantages and disadvantages for a business that is using the accrual accounting method.

This video discusses the purpose of the Balance Sheet, key financial information which is included within it, it also presents the basic accounting equation that is always met in this financial statement and finally, it gives an explanation on how this report works.

This video discusses the meaning of assets, the different categories of assets (current and fixed) a balance may include, the accumulated depreciation and accumulated amortizationtion and the context of each asset account.

This video discusses the meaning of labilities, the different categories of liabilities (current and long-term) a balance may include and also explains the context of each liabiliy account.

This video discusses the components of equity, such as investors' funds and retained earnings.

This video closes the discussion on the balance sheet by refering to the issue of historical values of assets recorded in the balance sheet versus market values and reminds students to do the exercises and also make use of the provided templates.

Please check in the supplementary material, there are several exercise on the balance sheet: one exercise on placing balance accounts in the right category, two exercises on applying the basic accounting equation, and two exercises on completing the balance sheet. Try to do them on your own and then check below in the same file the correct solution.

There are also available two balance sheet templates, one using the horizontal format and another one in a vertical fornat for your own personal use.

This video is an introduction to the statement of cash flows, discuss its purpose, explains its structure and the different types of activities affecting it.

This video discuus the need for the statement of cash flows by presenting how the other two financial statements income statement and the (balance sheet) fail to provide a business information about its cash inflows and outflows.

This video closes the discussion on the statement of cash flows by refering to the importance for each business to keep track of its cash inflows and outflows since they detremine its viability. Finally, it reminds students to do the exercises and also make use of the provided templates.

Please check in the supplementary material, there are three exercises on the statement of cash flows: one exercise on identifying cash inflows and outflows and two exercises on completing the statement of cash flows. Try to do them on your own and then check below in the same file the correct solution.

There is also one statement of cash flows template that you may use to practice or to apply it in your own business your job.

This video introduces students to the three types of financail analysis as a a way for onwers and managers to be able to evaluate business performance, make deciisons and take actions for improving financial perormance.

This video introduces students to the trend analysis method as a a way for onwers and managers to be able to track changes over time, evaluate business performance, make deciisons and take actions for improving financial perormance.

Please check in the supplementary material, there are two trend analysis exercises. Try to do them on your own and then check below in the same file the correct solution.

There are also three trend analysis templates that you may use to practice or apply them in your own business or job.

This video introduces students to the vertical analysis method as a a way for onwers and managers to be able to track changes in the relationship between different financial accounts in the income stetament and the balance sheet in reference ot sales revenue and total assets respectively, evaluate business performance, make deciisons and take actions for improving financial perormance.

Please check in the supplementary material, there are two vertical analysis exercises. Try to do them on your own and then check below in the same file the correct solution.

There are also two vertical analysis templates in one file that you may use them to practice or apply them in your own business or job.

This video introduces students to the variance analysis method as a a way for onwers and managers to be able to track deviations between the actual and budgeted financial information in the ncome stetament and the balance sheet during the same period, evaluate business performance, make deciisons and take actions for improving financial perormance.

Please check in the supplementary material, there are two variance analysis exercises. Try to do them on your own and then check below in the same file the correct solution.

There are also two variance analysis templates in one file that you may use them to practice or apply them in your own business or job.

This video introduces students to the last section of this course which deals with different financing options startups and SMEs may consider, such as, Bootstarpping, Angel Investors, Crowdfunding and Venture Capital.

This video discusses the meaning of bootstrapping as a form of financing, how bootstrapping works, different bootstrapping practices that may be applied and its advantages and disadvantages.

This video discusses the meaning of angel investors as a form of financing, who are he angel investors and what are their motives, how angel investor financing works, and its advantages and disadvantages.

This video introduces students to the crowdfunding method of financing, explains its meaning and general benefits and lists four different forms of crowdfunding financing that are available for new businesses.

This video discusses each of the four different crowdfunding financing forms: donation-based, reward-based, credit-based and equity-based by explaining how each type works, available platforms for each one of them on the web and finally, illustrates their advantages and disadvantages.

This video discusses the meaning of venture capital as a form of financing, explains what is a venture capital firm, who are the venture capital investors, what are their motives, involvemen of venture capital firm in the business and its advantages and disadvantages as a financing method.