IFRS 16 Leases IFRS Lectures Finance Lease International Counteracting ACCA Exam default

[@yakutahussainnomani7428]

This was such a helpful video. I have actually resorted to watching your videos than what I had been provided to me in my class (unnecessarily complicated). Thank you sir, this might even make my career.

[@AccountingLectures]

You are most welcome. Please subscribe and share. If you want to access more resources, check my website: farhatlectures.pathwright.com/library/ Connect with me: Instagram Account: instagram.com/farhatlectures/ Linkedin: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures Twitter: twitter.com/farhatlectures Email: [e-mail]

[@pritamlaskar7265]

Wow. Never understood anything in class but here it looks so simple. Thank you for the video!

[@AccountingLectures]

Happy to help!

[@bob6168able]

Excellent Mr Farahat, from a CPA. Kindly, it will be useful to include also in the example a bonus payment by the lessor and a disposal value at the end of the lease period. And to be more like real life , method to calculate the discount rate ,, implicit or incremental borrowing rate .. etc. Also under IFRS, also they use the term “Right of use asset”.

[@AccountingLectures]

I might have those scenarios under my intermediate accounting. Please subscribe and share. If you want to access more resources, check my website: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: [e-mail]

[@lolo1001001]

You are extremely knowledgeable..Thanks a lot for sharing your knowledge

[@AccountingLectures]

You are most welcome. Please subscribe and share. If you want to access more resources, check my website: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: [e-mail]

[@nishadbachu]

with 8%, present valuse of the lease payment is $154,626. Please explain any one about the formula used to reach this figure. I know remaining is interest. Just want to understand the formula to reach $154,626

[@hamzatawwab]

Its simple annutity formula, where term of contract (n) is 3 years, interest rate is 8%, annual payment (P) is 60000. PV = P x 1-(1+r)^-n / r

[@sunseek5]

Crystal clear explanation found nowhere else. Kudos🙏🙏🙏👍👍👍

[@AccountingLectures]

Thanks. My course catalogue: farhatlectures.pathwright.com/library/

[@shajmohd9935]

Thank you so much sir..You explained it in a simple way..Thank you so much..May god bless you

[@AccountingLectures]

You are most welcome. farhatlectures.pathwright.com/

[@rachelng2048]

How will the new lease standard affect the deferred tax liability and asset - how do I compute it

[@bb8328]

Very easy to understand. Thank you Farhat.

[@AccountingLectures]

You are most welcome. Please subscribe and share. If you want to access more resources, check my website: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: [e-mail]

[@cagricelik4937]

My uni lecturer sucks. I am so happy to find you, I guess we'll be walking together for long. Can we find enough courses for IFRS just like GAAP here ?

[@michaelmcfarlane9120]

why is int payments financing and not investing in the Cash FLow?

[@mahtabuddin5386]

Excellent professor..!!

[@AccountingLectures]

Many thanks! Please connect with me: linktr.ee/farhatlectures

[@jonathanwieler8863]

Love your channel. Thank you.

[@AccountingLectures]

Thank you and please visit the website for more farhatlectures.com/

[@rahulsawant4264]

Could you please show Journal Entries for Finance & Operating Lease in the books of Lessee & Lessor with same example?

[@alisonali1]

Rahul Sawant kzbin.info/www/bejne/aobRpmOMd9Wfh7M

[@edreesalimy5166]

APPRECIATED

[@AccountingLectures]

Thank you and please visit the website for more farhatlectures.com/

[@FB-tr2kf]

Just a quick recap Farhat: TIme Stamp 14:37. For IFRS 16, Lessees will show the following in the Income Statement: Interest & depreciation expense. & In the BS, they will show "right-of-use" asset which is 154.626K, and a liability of the same amount - correct?

[@FB-tr2kf]

Sir?

[@jayrajjavheri8740]

Superb Explanation!

[@AccountingLectures]

You are most welcome. Please subscribe and share. If you want to access more resources, check my website: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: [e-mail]

[@mfilipe2010]

If the lessee has not intention to to buy the asset at the end of the period of lease....like a building that, after 10 years of rent, he want it back to lessor........How to proceed at that moment....

[@nicolaspeters9217]

Such an Awesome Video.......

[@AccountingLectures]

You are most welcome. Please subscribe and share. If you want to access more resources, check my website: farhatlectures.com/ Connect with me: Instagram Account: instagram.com/farhatlectures/ Linkedin: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures Twitter: twitter.com/farhatlectures Email: [e-mail]

[@ahsanubaidi2288]

Thank you

[@AccountingLectures]

Most welcome. Please take a look at my website: farhatlectures.com/ then choose your course.

[@aaroacademy]

Thank you for sharing this.

[@saad4246]

Any videos to explain mid year lease, would be helpful sir

[@AccountingLectures]

Maybe in the future. You are most welcome. Please subscribe and share. If you want to access more resources, check my website: farhatlectures.pathwright.com/library/ Connect with me: Instagram Account: instagram.com/farhatlectures/ Linkedin: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures Twitter: twitter.com/farhatlectures Email: [e-mail]

[@alisonali1]

king saad kzbin.info/www/bejne/aobRpmOMd9Wfh7M

[@adunyarko9164]

Budget

[@nikclaus2372]

Any lectures/videos concerning sale and leaseback under ifrs 16?

[@AccountingLectures]

All about leases here: kzbin.info/aero/PLxP0KZzCGFYPUR3GuCs5zkHfQg09VvmKb You are most welcome. Please subscribe and share. If you want to access more resources, check my website: farhatlectures.pathwright.com/library/ Connect with me: Instagram Account: instagram.com/farhatlectures/ Linkedin: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures Twitter: twitter.com/farhatlectures Email: [e-mail]

[@Mahmoudalgindy]

Hi sir, Thank so much, I got confused!, How can I calculate the present value? Assume that Leasing a Car with this info: Cash Price $131,050 10% Advance Payment $13,105.00 Agreement 4 Years Monthly Payment $3,390.93 (Total installments $3,390.93 x 48 Months = $162,764.64 ) I hope it's clear, I want to know the ROU Asset Value?

[@AccountingLectures]

You need to revisit the time value of money chapter, kzbin.info/aero/PLxP0KZzCGFYO1NtpU1NGpelY0XB_VyjcC

[@Nubianqu33n88]

To calculate the present value you can use the excel formula (PV) with the information you have above such as lease term, payment per year, interest rate.

[@fnader1000]

Dear Mr farahat in case I didn't pay the payment as contract and there is accrual how it will be tackled in this case

[@angapydiraju7557]

Thank u sir

[@AccountingLectures]

You are most welcome. Please subscribe and share. If you want to access more resources, check my website: farhatlectures.pathwright.com/library/ Connect with me: Instagram Account: instagram.com/farhatlectures/ Linkedin: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures Twitter: twitter.com/farhatlectures Email: [e-mail]

[@ahsanubaidi2288]

Sir please share notes, do you have notes of all ias and ifrs

[@AccountingLectures]

Most welcome. Please take a look at my website: farhatlectures.com/ then choose your course.

[@ahsanubaidi2288]

Ok

[@rashmiladdha4204]

Superb explanation.. But there is a mistake..lease lesser than 12 months are treated as operating lease..please confirm

[@pm.nishashakoor3394]

its not obligatory , you can treat it as finance or operating . whatever you want

[@sonerguney3225]

No excel to download?

[@lettymhlongo6879]

😫😫😫 you didn’t touch on things like residual value guarantee because you spend so much time comparing the old and new standards

[@reynardonainggolan1298]

awesome. please teach how to analyze the financial statements on this issue.

[@anandkumar-xu3yq]

Can you make video realted Backlog, order entry, pipeline

[@AccountingLectures]

Hi Anand, I don't believe I cover those topics. Please subscribe and share the channel on social media. Please connect with me: Instagram: instagram.com/farhatlectures/ LinkedIn: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures