Finance vs. Operating Lease (Lessee's Perspective)

[@gksdlsss]

You are genius. I am studying for FAR and I was lost. This video opened my eyes

[@Edspira]

I'm glad you found this video helpful my friend!

[@LinhNguyen-oe9js]

Your videos are easy to follow and understand. I really appreciate what you have been doing, thank you so much for sharing! :>

[@Tamara-ju3lh]

Thank you! I'm studying for FAR right now and this is one of my weak areas.

[@Edspira]

You got this!

[@FredMadera]

This was a fantastic explanation. Thank you for these valuable videos you provide.

[@motutoring5443]

Thanks for making accounting easy for us!! You saved my lifeee

[@davaflava323]

You are a fantastic teacher thank you for this content

[@thomson4420]

This guy is a genius

[@sarahwilson1104]

Thank you so much for the side by side comparison! Why can't my textbook show this??!!

[@gisellereyes7422]

This helped so much even in 2022!

[@Edspira]

Glad to hear that!

[@Kushiiiiiiiiiiii]

Thank you so much for this lecture .

[@gayathrim1898]

The concepts are clearly explained. Thanks

[@llewsub]

This makes so much more sense than Becker... But the journal entries are simply not the same as what Becker does. So flippin confused

[@PhanuelPatiat-u3q]

Thank you sir for the video it is really useful

[@wowstarcraft]

Is this version updated for operating lease? I think j/e for 12/31/17 has to change to remove interest lease liability.

[@jjohnson649]

Why do we get the the present value od the residual value, is that the salvage value for leases

[@jessicawang96]

Why is the lease liability in the beginning not 69262 ( total faire vale of the truck)

[@dee2244327]

because you are only using the present value of the lease payments for liability and right of use asset. The fair value is only calculated for the fair value test to see if pv of lease payments is 90% or more of fair value

[@alvingalvez5520]

Thanks for your videos. Just wanna know the "reason" behind why we recognize interest expense on finance lease and not on operating lease.

[@ahmedzakikhan7639]

Is this the treatment for the latest IFRS or GAAP ?

[@mathias3026]

Why should the company recognize more than 20K, and less than 20K (18,8K, in the 3rd year) in expenses in the finance lease example if the company actually only pays 20K in each year? It is not logical. The operating lease example is much more logical since the actual expense is recognized (20K in each year in the income statement).

[@carlyemamjomeh6952]

Such a helpful video

[@talhaha]

Really helpful! Thanks

[@ravingagunawardana178]

Amazing! Thanks!

[@natc9589]

Thank you.

[@akinkunmidavid6990]

I enjoyed your teaching and have subscribed. But the black board or background is not helping. Can you change it to white board pls?

[@Edspira]

Thanks for the feedback. Many people have differing opinions on this. Some people say the black background is easier on the eyes when looking at a computer screen for an extended amount of time. I'm basically using the same method as Khan Academy because it has been proven to be an effective method. Unfortunately I can please everyone, but I appreciate the feedback. If I get enough people requesting a background color change, then I'll take it into consideration. Thanks!

[@andrewioannou6318]

Black is better IMO

[@teddeep1923]

keep as is - the videos aren't longer than 10-15 minutes and detailed; much easier on the eyes with the background black.

[@tsilv4875]

@@Edspira I enjoyed listening to the lecture. You sound like a celebrity voice actor, but I can put my finger on who. I agree the blackground is better. Though, I do think that it can be improved with a slightly lighter neon text

[@10010011001100110101]

Idk why, this just isnt making sense no matter how many videos I watch