If you're seeking top-rated YouTube channels to enhance your comprehension of financial accounting, cost accounting, managerial accounting, accounting basics, finance, and accounting, your search is over. Our article features a compilation of the finest YouTube channels that will elevate your knowledge of these subjects and enable you to reach new heights. Keep reading for further details!

Financial accounting: Top Youtube Channels

Finance & Accounting Videos by Dr C

Channel Views: ~2.8m Channel Subscribers: ~12.4k Channel Videos: ~321

Dr C's YouTube channel provides educational content on finance and accounting. The channel covers a broad spectrum of financial topics, including balance sheet preparation, income statement analysis, ratio analysis, cash flow statement analysis, process costing, job order costing, activity-based costing, and cost behavior. These videos are a great resource for those who want to learn more about financial accounting and its various components. So, tune in to Dr C's channel and expand your financial knowledge!

Accounting Instruction, Help, & How To

Channel Views: ~12m Channel Subscribers: ~74.7k Channel Videos: ~10.5k

A YouTube channel called Accounting Instruction, Help, & How To is devoted to assisting people with their accounting needs. The channel features tutorials and instructional videos that cover various accounting topics, such as financial and managerial accounting, and are created by a seasoned accounting professor. The channel features detailed explanations and tutorials that provide step-by-step guidance for solving accounting and CPA exam problems, as well as tips for preparing for the exam and real-life accounting illustrations.

Farhat Lectures. The # 1 CPA & Accounting Courses

Channel Views: ~9.9m Channel Subscribers: ~169k Channel Videos: ~1.8k

If you're searching for financial accounting lectures, the Farhat Lectures YouTube channel is a top-notch resource. Professor Farhat delivers superior educational materials on the CPA exam, CPA review, CPA exam FAR, CPA exam AUD and CPA exam REG. His lectures are highly informative and provide a thorough understanding of the subject matter, making them an ideal study tool for preparing for the CPA exam.

Edspira

Channel Views: ~44.7m Channel Subscribers: ~238k Channel Videos: ~1k

Edspira is a YouTube channel that specializes in educational content about accounting and finance. Their videos cover a diverse range of topics, such as personal finance, taxation, financial accounting, managerial accounting, and business. The channel is dedicated to providing learners with a broad array of resources that can assist them in gaining knowledge and enhancing their accounting and finance skills. Edspira is renowned for its expertise in these areas, making it an excellent resource for anyone who wants to comprehend and master the intricacies of this field.

Tony Bell

Channel Views: ~9.5m Channel Subscribers: ~81.2k Channel Videos: ~317

Tony Bell's YouTube page is committed to offering useful insight and analysis on financial, managerial, and business accounting, as well as accounting and statistics subjects. The informative videos cover topics such as comprehending financial statements, utilizing them to evaluate performance, interpreting financial ratios, and utilizing business statistics to draw significant conclusions.

FOG Accountancy Tutorials

Channel Views: ~6m Channel Subscribers: ~116k Channel Videos: ~129

FOG Accountancy Tutorials is a YouTube channel that delivers instructional content on a variety of topics surrounding finance and accounting. The channel covers essential subjects such as financial accounting, financial reporting, financial management, management accounting, corporate reporting, and strategic management. It's an ideal resource for anyone looking to improve their accounting expertise.

UDDESHYA COMMERCE ACADEMY

Channel Views: ~1.6m Channel Subscribers: ~16.9k Channel Videos: ~693

If you're pursuing a Bachelor of Commerce degree in Odisha and need assistance with financial accounting, Uddeshya Commerce Academy is a top-notch YouTube channel to consider. This channel provides free resources to help you ace B.Com Honours, Commerce B.Com Odisha, BCom First Year, and B.Com First Year Syllabus 2022. With a wealth of video tutorials, lectures, and quality teaching materials, Uddeshya Commerce Academy is a go-to destination for B.Com students, offering an excellent platform for B.Com First Year Online Classes. It is, without a doubt, the best instructor on YouTube for students pursuing the B.Com program.

mattfisher64

Channel Views: ~7.3m Channel Subscribers: ~45.7k Channel Videos: ~109

The YouTube channel, Mattfisher64, focuses on financial and managerial accounting and offers instructional videos on various topics such as the principles of accounting, debits, and credits. This channel is a go-to for anyone seeking an education in accounting, as it offers a vast library of informative accounting videos.

CWG for BCom

Channel Views: ~4.2m Channel Subscribers: ~72.1k Channel Videos: ~463

CWG for BCom is a YouTube channel dedicated to providing online classes for B.Com 1st year students focusing on topics such as Financial Accounting, Cost Accounting, Income Tax, Corporate Accounting, Business Law, Company Accounts and Business Statistics. It provides learners with quality educational resources to help them get a head start in their studies.

Notepirate

Channel Views: ~5.1m Channel Subscribers: ~43k Channel Videos: ~105

NotePirate YouTube channel provides helpful tutorials for students of financial and cost accounting as well as managerial and management accounting topics. It features great quality notes, financial advice and step-by-step guides to help users better understand the topics covered. NotePirate is the perfect resource for mastering complex topics in accounting!

Patrick Lee

Channel Views: ~1.1m Channel Subscribers: ~18.1k Channel Videos: ~333

The Patrick Lee YouTube channel is a great resource for those looking to learn more about various aspects of accounting. It includes lectures, videos and tutorials covering topics ranging from accounting 101 to advanced financial accounting principles and intermediate accounting. The channel is an invaluable resource for those wanting to know how to do accounting or to learn the principles of accounting.

Prof Daulton

Channel Views: ~49.2k Channel Subscribers: ~749 Channel Videos: ~6

Prof Daulton's YouTube channel provides instruction on financial accounting topics with content tailored for college students. With a combination of accounting theory and real-world examples, the channel provides a comprehensive education on financial accounting principles.

OILAC - Accounting

Channel Views: ~72.6k Channel Subscribers: ~1.4k Channel Videos: ~42

Oilac - Accounting is a YouTube channel that shares helpful instructional videos on various topics related to financial accounting. It covers topics such as basic accounting, bookkeeping accounting online, journal entries, cost accounting, cost meaning, accounting coach, and more. For anyone looking to boost their accounting skills, Oilac - Accounting is a great learning resource.

The Accounting Student

Channel Views: ~1.1m Channel Subscribers: ~15.8k Channel Videos: ~89

The Accounting Student YouTube channel is a resource for those studying financial accounting. It covers topics ranging from accounting basics to public accounting, helping viewers learn both the fundamentals and complexities of accounting. It's a great resource for accounting majors, providing tips and advice on classes and career preparation. With tutorials and interactive content, it's an excellent way to understand the basics of accounting.

Prof. Elbarrad

Channel Views: ~53.1k Channel Subscribers: ~625 Channel Videos: ~60

Prof. Elbarrad's YouTube page is a destination for individuals looking to enhance their knowledge of financial accounting fundamentals. The channel features a wide range of topics, from adjusting entries and bank reconciliations to inventory methods and petty cash, as well as more advanced subjects such as acct 301 and simplified accounting. Whether you're a novice or an experienced practitioner, Prof. Elbarrad's page is an invaluable resource for enhancing your grasp of financial accounting fundamentals.

Using Financial Accounting to Monitor Cash Flow

When it comes to financial management, proper tracking and monitoring of cash flow is essential for healthy business operations. Using financial accounting is the most accurate and reliable method for keeping tabs on cash flow. Financial accounting involves various accounting systems, financial analysis and reporting to identify, monitor, and analyze companies' cash inflows and outflows. With the right financial accounting system, companies are able to streamline their bookkeeping and financial management process while improving accuracy and transparency.

• The main benefit of using financial accounting to monitor cash flow is that it allows a business to accurately track the flow of money in and out of the business. Companies can determine the sources of their income, where the money is being spent, and the rate at which they are spending and earning. This is essential in understanding the financial health of their business and to keep their cash flow positive. Financial accounting also allows businesses to determine the profitability of their operations, as well as where improvements can be made to increase profitability.
• Financial accounting also helps businesses to plan for the future. Companies can use the data collected through their financial accounts to create projections of their finances and use it to explore various strategies for obtaining capital. Further, by monitoring cash flow, businesses can detect any potential problems and make corrective actions to ensure the continued health of the business. All of this helps businesses to better plan for and manage their finances in order to ensure their long-term success.

Financial accounting systems are a valuable tool for businesses to keep track of their cash flow and achieve various advantages. These systems enable companies to acquire a deeper understanding of their finances and effectively strategize and govern their financial resources. This results in more systematic and clear-cut business operations as well as precise financial records. Monitoring cash flow is imperative for all businesses, and financial accounting is the most dependable and precise method to accomplish this.

Types of Financial Accounting Transactions

Financial accounting is the interpretation, recording and summarizing of financial data related to the operations of a business. It is one of the most important aspects of any business as it enables owners to get insights on how their organization is performing. Transactions are the foundation of any financial accounting system, providing the basis on which all financial information is built. In this blog, we'll take a look at the three types of financial accounting transactions.

1. The first type of financial accounting transactions are purchases and sales of goods and services. These types of transactions record activities like buying raw materials, hiring labor, engaging in services, or selling finished goods or services. All transactions recorded in this category impact a company’s bottom line.
2. The second type of transactions are equity, or finance transactions. These are transactions that involve an organization's financing sources (receipt of funds like debt, stock sales, and grants) and the use of those funds (using debt to finance projects or purchases, buying or selling stocks, or making investments). Equity transactions have a direct effect on an organization's financial performance and bottom line.
3. The third type of accounting transaction is asset and liability transactions. These cover all transactions that are related to the organization's assets and liabilities, such as capital purchases, loans, depreciation, and disposal of assets. All of these transactions must be recorded in the company’s books in order to accurately reflect their financial position.

Overall, understanding the different types of financial accounting transactions is essential to effectively manage a successful business. Armed with this knowledge, business owners can easily monitor their finance, track key performance metrics, and ensure that the overall financial position remains strong.

Strategies to Improve Financial Accounting Practices

Financial accounting is a crucial practice for companies and small businesses alike to understand their financial position and plan for future growth. It is important to ensure efficient, transparent and accurate management of financial information to help make sound decisions and ensure long-term success. In order to do this, here are some strategies to improve financial accounting practices:

1. First, it is vital to ensure that all financial transactions are recorded properly. The recordings and transactions should be clear and consistent, in order to eliminate misunderstanding and errors. A company should also ensure that they are reviewing financial information in a timely manner. This helps identify any errors quickly and ensures transparency in the financial records.
2. Second, it is essential to ensure that there is accurate reporting on the financial records. The reports should be specific and in accordance with the regulations set by the governing accounting body, in order to ensure that there are no discrepancies or misstatements in the financial reports. This can help prevent future issues with accuracy and efficiency.
3. Finally, companies should ensure that there are adequate internal controls in place, to guarantee that the financial transactions are accurate and legitimate. Companies should also ensure that they are using the proper technology, to ensure accuracy and reduce manual errors. This can also help prevent financial fraud and embezzlement, by providing oversight of all transactions.

By implementing these strategies, companies and small businesses can improve their financial accounting practices and help ensure their financial success. It is important for companies to regularly review and test their financial accounting processes and ensure that they are effective and efficient. Doing so can help to identify any potential issues prior to them becoming a major issue.