my man "Money Mike" explaining this better in 6 minutes than any other professor's 3 hours lecture.
@Edspira4 жыл бұрын
Thank you my friend!
@zhaoshouqi4 жыл бұрын
So true.
@kerryfarrell81477 жыл бұрын
reading the text makes it sound so overwhelming but these videos truly help to clarify and make it more usable information, thanks!
@Edspira7 жыл бұрын
No problem! There is nothing more dry than reading an accounting textbook...
@mariag19264 жыл бұрын
I'm studying for FAR right now. This is another great refresher!!!
@Edspira4 жыл бұрын
I hope you ace the exam!
@binyan72826 жыл бұрын
Michael's videos are the most helpful accounting videos I had ever seen, Thank you for your years' devotion!
@Edspira6 жыл бұрын
Happy to help!
@joshmodika15027 жыл бұрын
Thank you! {Pretoria, South Africa}
@Edspira7 жыл бұрын
No problem!
@blackm9063 Жыл бұрын
Thanks for the video
@nigelsapalit432 жыл бұрын
Excellent explanation.. Love it..
@bhavikupadhyaya9722 жыл бұрын
God bless you
@Edspira2 жыл бұрын
😀
@rj-conceptclarityclasses2363 жыл бұрын
One suggestion that kindly enhance bold your handwriting.... Other things are good, nicely explain 👍
@ontopp2474 жыл бұрын
helpful and quick. thanks!
@Edspira4 жыл бұрын
You're welcome!
@michielpro2 жыл бұрын
Thanks bro!
@Izmar_amranumigarovich Жыл бұрын
Sir i want to ask if we buy stock with equity method whether we must write the agio ( share premium ) or not or just buying price? Please answer i don't find a lot of sources of my question.
@angelynewa21433 жыл бұрын
May I ask accounting question regarding investment? when should I recognise investment in associates and subsidiaries? At the time of acquisition? Or issuance of share certificates? Or otherwise?
@zackd75972 жыл бұрын
What happens if there is goodwill?
@furqaanmustafa38718 жыл бұрын
hi Michael, i saw your trading securities and available for sale ones. but any videos for Held to Maturity? just trying to understand how that works.
@Edspira8 жыл бұрын
Yes. Below are links to the videos. Thanks for watching! Amortize a Bond Discount: kzbin.info/www/bejne/hWO6amZrnd-MprM Amortize a Bond Premium: kzbin.info/www/bejne/o5bEopyal717iLs
@Nott_Fifi Жыл бұрын
when I was in university, I watched Michael's videos. Now I am on my CPA path and I come back without any hesitation. Thank you Michael!!!!
@khotsoapele38808 жыл бұрын
This was very helpful. I now understand how to apply the equity method when accounting for investment in associates. *chuckles* Thank you . :)
@GeniusAjinkya3 ай бұрын
Gosh, this helped me so much
@MyFinancialFocus2 жыл бұрын
Love this channel! Thanks for the info
@Alexis966504 жыл бұрын
i like your videos but i wished it covered a little deeper. For instance, under the equity method, we should also account for asset differences adjustment and goodwill if applicable. Also, examiners trick people in areas where the investor initially owned less than 20% and later that year, the investor purchased more common stocks to bring his position to more than 20%. Also an investor can own less than 20% in an an investee and still use equity method if such investor shows signs of exercising significant influence. Also you could clarify that in determining significant influence, preferred stocks are not used, common stocks only.
@ritikasalian87733 жыл бұрын
Thanks a lot sir...... your Videos are of great help....I am studying FAR right now, i always keep juggling between my own lecture videos and your videos....since your explanation is always simple and easy to understand
@lazarlogantheboi45907 жыл бұрын
You are the best! LOVE your videos!!! Thank you so much!
@Edspira7 жыл бұрын
Thank you for the kind words, you are awesome!
@maxohara19678 жыл бұрын
Any possibility of creating some videos showing other consolidation methods like for example investments in companies with a share over 50% or buying a complete company? Thanks ever so much.
@Edspira8 жыл бұрын
I don't currently have any videos for these topics, but I plan to make videos on these topics in the next couple of months. Thanks so much for watching!
@enriquebn48533 жыл бұрын
Day 2 of Accounting II. Your videos are gold. Thank you so much for these videos!
@charissed67464 жыл бұрын
Saved hours of textbook reading by watching your video... thanks a million! With the basic understanding it will be much easier to understand the deeper concepts when reading additional study materials. Your channel is truly amazing!
@marylynkoinakimisack20573 жыл бұрын
Thanks professor farhat for your help with your tutorials.
@DG-ty2xy8 жыл бұрын
i cannot speak a very good english but i still understood it! thanks
@jordanmott81657 жыл бұрын
My god you are a life saver! honestly the best accounting tutor on KZbin!!!
@lilong52025 жыл бұрын
You saved my life. Thank you
@Coriolanus3597 ай бұрын
These are by far the best accounting/finance videos on KZbin. They take all the dryness out of the subject, it's likes you're out with a friend having drinks and they are explaining it to you on a cocktail napkin.
@ryanmiguelsalinas24955 жыл бұрын
Good day sir! When you received a dividend, why does it decreases your investment??
@sashith41314 жыл бұрын
because the dividend payment decreases the retained earnings
@maximasforrester86892 жыл бұрын
This helped thanks so much
@liaoziqi24606 жыл бұрын
not sure if this is because of the change of text book, but my text book says different from your video: if the company reports a net income, you dr. equity in affiliate earnings instead of investment revenue. (not sure if I am correct about this either, just a concern)
@Edspira6 жыл бұрын
When recording net income in the video, I debited Investment in Tom's Surf Shop and credited Investment Revenue. Investment in Tom's Surf Shop is an equity account. Thus, "equity in affiliate earnings" is another way of stating "Investment in affiliate", or Tom's Surf Shop in this instance. Great question!
@davida99 Жыл бұрын
Amazing!!
@Edspira Жыл бұрын
Thanks!!
@samuelkwon58247 жыл бұрын
Thanks for this video! New to all this. Why are we getting a portion of this dividend being paid out to $10,000? What if that dividend was going to someone else? Does the 40% give us a claim to all dividends?
@3650days8 жыл бұрын
Very helpful. Thank you!
@Edspira8 жыл бұрын
+3650days No problem. Have a nice winter break!
@fahedalyafiy62159 ай бұрын
Thank you
@omario88227 жыл бұрын
Why did you minus 4000? I thought that 4000 belonged to the Investor so therefore it would add 4000
@bigb64752 жыл бұрын
Thank you Michael. Great videos!
@rachelhartter7 жыл бұрын
thank you for making these videos! you're a huge help!!
@Edspira7 жыл бұрын
No problem. Thanks for watching!
@WithSeb Жыл бұрын
Protect this man at all cost
@Edspira Жыл бұрын
Thank you for bringing a smile to my face!
@mariag19265 жыл бұрын
Is there a video for consolidation method for investments ?
@keithibarra38357 жыл бұрын
thank u for explaining it shortly and precisely!
@safwanhaq67514 жыл бұрын
It really helped me to understand the concept. Thank You!
@rob84826 жыл бұрын
Always easy to follow, and the questions are always anticipated...well done!
@Andrew6James4 жыл бұрын
Is 'Investment Revenue' a IS line item?
@mariamulleruhrskovpedersen34806 жыл бұрын
Great video!
@Edspira6 жыл бұрын
Thanks!
@danialmoese13006 жыл бұрын
thank you
@Edspira6 жыл бұрын
No problem!
@lala25347 жыл бұрын
Thank you!
@Edspira7 жыл бұрын
Happy to help!
@caitlynbowman68977 жыл бұрын
This is great! Thank you!
@luosen8566 жыл бұрын
thank you
@Carol_-tv6jv7 жыл бұрын
Your videos are SO helpful, thanks!
@Edspira7 жыл бұрын
Awesome! Thanks for watching :)
@nrjadeja7 жыл бұрын
Your videos are a HUGEEEEEEEEE help...You know how to explain and how to make it easy for others to understand...pls post videos for spin-off, split-off. Thank you.