CONSOLIDATED STATEMENT OF FINANCIAL POSITION (PART 2) - IFRS 10

[@sinayobyeerneste1312]

I am in Rwanda, You are actually a good teacher of Financial reporting I have ever met

[@emptonjambi2657]

Am from Zimbabwe and thank God since I came across your videos my understanding has improved. May God continue to bless you wth good health so tht you can touch many lives wth your knowledge in FR, You are great!!!!!!!!

[@toybaseid30]

You are always my number one choice for accounting I will expect more may Allah increase your knowledge. Thank You very much!!

[@jakablaque]

You're a legend in the field of accounting, You've been my lecture since I joined my first year now am in finalist student,still benefiting, recieve love from Kenya🇰🇪🇰🇪

[@little_kipngetich]

Umbwa😂😂

[@kennethkalonga232]

Am from Zambia, FOG is a good Lecturer, his simplicity technique makes him superb.

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I am sooo glad i found this account. So clear and helpful Now i can actually look at a question and know what i am doing

[@kenan1260]

I am in ethiopia,FCCA ,what you are doing is nice and simple.ተባረክ in ethiopia good bless you

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Zambia is here appreciating your lecture videos ❤

[@renatasantos7369]

The way you explain makes any subject easier. Thank you so much

[@ngoziogbuagu9799]

Am in Nigeria, you're a true and certified teacher of accounting. Thanks a lot. I expect to learn more from you. More blessings.

[@jonathanlokutae3130]

This is best tutorials on consolidation. God bless u with knowledge

[@allanmvula5982]

Malawi appreciates your teaching skills sir ....bravo

[@samanthapoya8559]

Helpful

[@bilalahmed7002]

Passing exams in kenya and my teacher is in Ghana. Thank Yu so much teacher.

[@nyararaimadzikanda9567]

Consolidation made simple. You are a blessing.

[@RonnieOtieno-x8w]

You are great in the field of accounting thank you and may God bless you ❤❤❤❤

[@bonganiboratkondo6788]

Am in South Africa and i want to thank you for this great lecture of accounting🙏🏿

[@princegacha3436]

Best teacher ever, from Kenya

[@francismuiruri8568]

Appreciating this from 254🇰🇪🇰🇪🇰🇪🔥!

[@feliciaogbarmey448]

God bless you so much You are very good at what you do ❤

[@thabangtv6170]

I would like to request that you add videos of statement of changes in equity as well profit or loss. Your content is so easy to follow and very understandable. Thank you, sir.

[@Muneenijohn]

Am from Kenya specific machakos university your are best teacher,,,,keep it up

[@kingbecky3018]

Your teaching is really good and helpful. God almighty bless u

[@nwosusarah9173]

This is soo good 👍🏿, buh on the study pack it was broken down for better understanding and absorbing, Weldone #fogaccountancytutorial❤❤

[@olukemioluwaseun9641]

THE BOSS.God bless you sir.

[@mulyke8325]

thanks for that , watching from Nairobi kenya , the capital city of AFRICA

[@fredricksakala6630]

Awesome staff, IFRS 10 made easy, patiently waiting for part 2😊

[@gabrielmtambo9243]

Well analysed lecture .....have enjoyed thank u...you explain well From Zambia 🇿🇲

[@OsagieDaniel-xg6jj]

Your lecture is encouraging, brief and straight to the point

[@harjotpharwaha416]

Uncle, what a legend! You have helped me a lot here. Thank you!

[@joechibangu2007]

Excellent build up😇

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Great work,you really simplify accounts👍

[@josephmanu5664]

Again....precious one, GOD BLESS U!

[@maximilianraphael7550]

i am from Tanzania, you are the best

[@morrishaliga459]

Thanks alot Mr Felex You have completely changed my accounting life Let Almighty rewards you abundantly JB Morrish valentine from ug

[@lukeasante7893]

Thank you very much sir, may God richly bless you for having time for us

[@NtokozMsomi]

Watching from South Africa, thank you so much.

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May the Good LORD bless you abundantly❤

[@LorraineMangaiso]

You are a genius for sure👌🔥

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Thank you. From South Africa 🇿🇦

[@BillyHasiciimbwe]

You are a Great Sir. God bless you

[@ExcellentEllah]

Thank you ,God bless you and yours ❤

[@SHUBZ2706]

Excellent lecture, I must thank you again

[@maryjaneonyeka6444]

This was so easy to understand. Thank you so much

[@chiawearroom3020]

Wander full .from Uganda but I had suffered understanding these concepts.thanks so much.

[@dennissukukumuneria9019]

You are very good teacher!!🌺

[@Bax_TechPride_Hub]

Very insightful! Please, it will be very helpful to use a balance sheet that will also include liabilities items

[@salomekasempa2996]

well explained, good job Sir.

[@snsport-tv]

U such a genius sir, your work is just awesome. May God continue to bless you prof 👏👏👏👏👏👏

[@vitumbikowyclifngoma9509]

The in-depth knowledge that you have for accounting is super remarkable.. Am highly favoured to learn from you.. God bless you smartly.

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Excellent training.

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Your teaching are goooooood

[@classiaelvis]

Enjoying consolidation made easy from Kenya

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wow, wow, wow I'm impressed. thank you very much

[@mirriammuzeya8832]

Clearly explained, thank you sir

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You are really good U made my day

[@Peter-c8t]

good lecture💯💯

[@JAMESMWAMBANDILE-iw7vv]

Am from Zambia and hav being doing self studying in FR and never I understood but thank God since I came across ur videos my understanding has improved. May God continue to bless u wth good health so tht u can touch many lives wth ur knowledge in FR

[@isaaclungu4587]

Well explained. Keep it up

[@annamutheu626]

Wonderful, nice teacher

[@michellechapomba7936]

You made it to be simple much appreciate

[@tshilidzitshikhudo4942]

Thanks so much for your tutorials, is there a video where you have dealt with proforma journals from this topic?

[@mauricesinyolo1593]

Consolidation made easy. Make FR your grace in the accounting field.

[@_.Mnsh._]

I always skip your video 😢 But u are good sir thank u so much sir Namibia 🇳🇦 ❤️

[@ireenmkandawire5844]

You are the best I tell you!

[@Sbah968]

You are the best ❤

[@BENSONMALWA-hw6xk]

Thank sir for the good spirit

[@OlufemiOsonowo]

mr qwasy,good to see yur good works sir.i appreciate good work bt you didnt treat sub subsidiary in the consolidation sir.

[@stephaniealexander9525]

Excellent teaching

[@abdelouahedelmaazouzi6102]

THANK YOU, DEAR FELIX

[@renatasantos7369]

W5 - NCI - Post acquisition NCI at the date of acquisition (S) =28000*25%= 7,000 Post-acquisition RE (S)*25% - NCI =7,000

[@everynatural2trendz]

Thank you for this video 🥰

[@abdelbagialdaw1211]

Well done ✅ thank you....

[@ChidinmaMonday-mk3pf]

U are doing well sir

[@sharonmambinge3072]

Good work, thank you.

[@orjisilver7013]

Thank you for your explanation I have a question Why was the pre acquisition income surplus of 2000 still shared when it all belongs to the subsidiary company

[@christinamhlanga5925]

i think it is shared because of (a) when determining good will want to ascertain the value of subsidiary wen we purchase it , thats when we say shared capital plus income surplus ie 75% of 2000. (b) when determining NCI value there is also need to say shared capital plus share in pre- acquisition profits ie 25 % x 2000 plus share in post acquisition profit. i think that's what l understand from his teaching.

[@renatasantos7369]

W3 - Goodwill at date of acquisition (S) Cost of investment 34,000 NCI fair value of net asset or proportionate shares 7,000 41,000 Less fair value of the date of acquisition (S) OSC 20,000 RE 8,000 -28,000 Goodwill 13,000

[@wajdanhadi4116]

We should to use Retained Earning on Acquisition Date 2k not 8K(this one the the reporting date that mean the Entity made profit throughout the year 6k) so the net assets at Acquisition is 20k+2k=22 (75% p and25% S 16.5K+5.5K) The consideration 39.5 k(34k of p+5.5k of S) the NCI = 39.5K-22K=17.5K

[@itebatsengsmarties4020]

Is it advisable to just work out the NCI profit with the 8000 ?

[@TBJoshualegacy4]

Thank you sir Can you please do journal entries on consolidation

[@olukemioluwaseun9641]

Boss, keep uploading in details on group account.

[@lively2345]

Just seeing this video. In the case of the fair value for NCI. When calculating for the post acquisition surplus are we doing 25% of 8000 or 25% Of the 6,000?

[@thefathersson15]

For NCI: Fair value of NCI: 5,500 (If given) plus(+) For post acquisition surplus: 25% of 6000 = 1,500 Total NCI = 7,000

[@sherifftamba5877]

Thank you so much brother

[@tipedzetapiwanashe9441]

Thank you sir have mastered it

[@dairyskeptic7428]

fucking love you man great teacher dude really helped me with Financial Accounting

[@scholasticamoraa1797]

Kenya here. Thank you

[@brianmunyat]

why are we finding the percentage of profit of pre acquisition of nci yet it was not shared before acquisition?

[@JoyJoyce-x6l]

Well done sir

[@obaapaadjoaa3665]

Conso made easy at FOG👊

[@BESTMANNADUMNWIDO]

Good tutorial

[@jonathanibrahim7287]

Well-done

[@shidman8202]

Watching till midnight

[@uwifeyefelix6881]

You know how to teach Sir.thanks

[@lydiasakala4180]

Wow wow 👌 ❤

[@stanleychingobe7193]

Good staff

[@tarisaimapungwana4669]

Consolidations made easy!

[@bridgetmarix3137]

Thanks very much sir

[@favourokafor256]

what of the 1 cedes per share, is that not relevant?

[@AkwasiRaymond-tf7br]

We need a question on the post acquisition

[@agriseed6444]

Good job

[@adegboyegahamidchukwebuka2509]

I love the Big 4 😁 boss

[@shegalshajan7506]

where can i find part 3 sir

[@sanniadeniyi6468]

God bless you