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  • 1 год назадОпубликованоJosh Aharonoff (Your CFO Guy)

How the 3 Financial Statements Connect Together

➡️ Download the infographic and Excel File here! Infographic File: Excel File: The 3 Financial Statements are the core of any business. Actually it's the most valuable thing you can learn in business. Knowing they connect can make you learn how to read the, and take better decision. In this video, I explain how the Income Statement, the Balance sheet, and the Statement of Cash Flows all connect together. ⏱️ TIMESTAMPS 0:00 Intro 0:17 What are the Financial Statements 0:59 What is the Profit and Loss 1:27 The Balance Sheet 1:54 The Statement of Cash Flows 2:22 How the Financial statements are connected 5:32 How The Balance Sheet connects to the Statement of Cash Flows 6:02 A textbook example of how it all works 7:53 Financing Activities 8:52 Recap Important links: The profit & loss tutorial: The Statement of Cash Flows tutorial: Almighty Balance Sheet tutorial: Cash vs Accrual tutorial: Financial Statement Piano inforgraphic: Universe of Financial Statements inforgraphic: ABOUT THIS CHANNEL Looking to level up your career in Finance & Accounting? You're in the right place. Each week I upload videos around Accounting, FP&A, and Excel to help you grow in your career and learn something new. ⚡️ Check out my channel here: @yourcfoguy Don’t forget to subscribe! 🔎 FIND ME AT ➡️ Subscribe to my Newsletter! 🔗 FOLLOW ME ON SOCIAL Get updates or reach out to Get updates on our Social Media Profiles! LinkedIn: Twitter: #Threfinancialstatements #CashFlows #BalanceSheet #profitandloss #Financials #Accounting #accountingprofessionals #Tutorial #yourcfoguy