I think if your not doing the work along with Dave your not going to learn as much from him. His style is focused heavily on doing examples. I love his lectures when he does them, but doing examples over and over and over again helps drill the information into your mind.
@@seenhi1749 Actually, I've been doing some research and from what I've learned, most CEO's (who technically ARE employees of the corporation) ARE often also on the board of directors, though they are about the only employees who are.
David: I trust that you will take this feedback in the light most favorable to your audience not just you. It is evident that you are overly concern about being held "liable", (or your employer being held vicariously liable for your academic statements), which by the way are 100% exempt for any legal issues with ONE simple disclosure in your syllabus. It is not proper [or] even necessary to constantly remind your audience that you are not a lawyer. The world at large can clearly watch this video and realize that you are in an academic setting. The reason your lessons are "HALF-BAKED" and your students are running the unreasonable risk of entering the biz world "half-baked" is because you are restrained by fear (or, overly zealous caution). It is IMPOSSIBLE to discuss or educate anyone about the different types of legal entities without touching upon some of the legal aspects of an S-Corp, C-Corp, LLC, LLP, Sole Prop. etc. It would be much more productive for you to set aside this unjustified fear of being written up and fill this room with your intelligence. Still, if you feel constantly restrained by it, you need to seek help from your legal department [or] simply write a bold disclaimer on your white board and be done with that. Let's press ahead with the substantive material , hypothetical examples as the kids are hungry--they know they are in an academic setting and aside for the educational tuition, you are not charging for "legal advice" that you never gave. RUclips viewers cannot sue you either. In fact NO one can successfully bring a cause of action against you or your employer simply because you are teaching accounting. Here, I am highly equipped to say this because I, too, went to law school and teach contracts and torts.
The lecture begins at 24:10
I think if your not doing the work along with Dave your not going to learn as much from him. His style is focused heavily on doing examples. I love his lectures when he does them, but doing examples over and over and over again helps drill the information into your mind.
Thank you so much for posting these videos! Very helpful! :) You are the beesttttttt teacher everrrrrrr!!!
your classes are amazing..best videos on accounting i've found in youtube. Thank you,sir
Professor Krug two thumbs up.
This is a surprisingly good summary of the basics on corporations and buying stocks
I wish Prof Krug would also cover Business Combinations and Partnership/Corporation Liquidation. He's the best!
Very Reliable source , :D Thanks.. I have learned a lot!
Best Instructor.
In the example with the loss (min.9:46)
What happen to the allowances and interest promized for the partners.
Are them payed or not?
I need the text book pdf not the handouts folks
Can you teach management accounting?
1:20 ex 12.5,6
THE BEST THE BEST THE BEST Instructor
EVER
Somebody tell me what is the capital 400,000 and 150,000 for on the question sheet
professor krug , where do you teach these classes, Kansas university?
JJC
Can the members of a corporation's Board of Directors also be employees of the corporation?
+CaesarInVa nope. there's conflict of interest there.
@@seenhi1749 Actually, I've been doing some research and from what I've learned, most CEO's (who technically ARE employees of the corporation) ARE often also on the board of directors, though they are about the only employees who are.
Thanks very much :)
David: I trust that you will take this feedback in the light most favorable to your audience not just you. It is evident that you are overly concern about being held "liable", (or your employer being held vicariously liable for your academic statements), which by the way are 100% exempt for any legal issues with ONE simple disclosure in your syllabus. It is not proper [or] even necessary to constantly remind your audience that you are not a lawyer. The world at large can clearly watch this video and realize that you are in an academic setting. The reason your lessons are "HALF-BAKED" and your students are running the unreasonable risk of entering the biz world "half-baked" is because you are restrained by fear (or, overly zealous caution). It is IMPOSSIBLE to discuss or educate anyone about the different types of legal entities without touching upon some of the legal aspects of an S-Corp, C-Corp, LLC, LLP, Sole Prop. etc. It would be much more productive for you to set aside this unjustified fear of being written up and fill this room with your intelligence. Still, if you feel constantly restrained by it, you need to seek help from your legal department [or] simply write a bold disclaimer on your white board and be done with that. Let's press ahead with the substantive material , hypothetical examples as the kids are hungry--they know they are in an academic setting and aside for the educational tuition, you are not charging for "legal advice" that you never gave. RUclips viewers cannot sue you either. In fact NO one can successfully bring a cause of action against you or your employer simply because you are teaching accounting. Here, I am highly equipped to say this because I, too, went to law school and teach contracts and torts.