Consolidated Financial Statements: Post Acquisition. Example. CPA exam

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  • Опубликовано: 15 ноя 2024

Комментарии • 9

  • @L4252
    @L4252 22 дня назад +1

    thank you very much pro Farhat.👍
    Who can help me and clarify that Why 2250,000 BV additional =2500,000(yr 2021)-250,000(yr 2020), very confused at this calculation😭Please explain this for me, really appreciated.❤

  • @koopher
    @koopher Год назад +1

    I think since the subsidiary was just acquired it should reflect only one year of entries. "A" Should be unamortized excess values at the acquisition date. So, in step "A", there should be an increase to "unpatent" tech for $800,000, an increase in patent technology for $250,000, and an increase in the loan of 100,000. Then in entry "E" you recognize the amortization of $100,000, $250,000, and ($20,000) respectively. In this problem, unpatent tech is already $700,000 then reduced to $600,000 after entry "E".

  • @lynnjaby
    @lynnjaby 3 года назад +3

    Very clear! Thanks! What will happen if the subsidiary will be dissolved (legally) next year, and the parent will absorb all the subsidiary's customers and everything?

    • @antonmursid3505
      @antonmursid3505 2 года назад +1

      Antonmursid🙏🙏🙏🙏🙏✌👌💝🇮🇩🇮🇩🇮🇩🇮🇩🇮🇩✌👌💝

  • @velepijere516
    @velepijere516 Год назад +1

    Thank you just trying to understand goodwill

    • @AccountingLectures
      @AccountingLectures  Год назад

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

  • @anisurrahman8203
    @anisurrahman8203 2 года назад +2

    Do you have an excel file to exercise for the exam?

  • @sima556
    @sima556 2 года назад +2

    Hi, thank you for sharing. Is it possible if you can share this excel file with us? Thankyou :)

  • @sonerguney3225
    @sonerguney3225 11 месяцев назад

    Can we have the Excel version to download?