These are by far the best accounting/finance videos on RUclips. 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.
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!
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
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.
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.
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.
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!
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?
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.
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)
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!
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?
Yes. Below are links to the videos. Thanks for watching! Amortize a Bond Discount: ruclips.net/video/O2W935hzYpQ/видео.html Amortize a Bond Premium: ruclips.net/video/meaqidbXHRY/видео.html
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!!!!
These are by far the best accounting/finance videos on RUclips. 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.
Michael's videos are the most helpful accounting videos I had ever seen, Thank you for your years' devotion!
Happy to help!
my man "Money Mike" explaining this better in 6 minutes than any other professor's 3 hours lecture.
Thank you my friend!
So true.
reading the text makes it sound so overwhelming but these videos truly help to clarify and make it more usable information, thanks!
No problem! There is nothing more dry than reading an accounting textbook...
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!
My god you are a life saver! honestly the best accounting tutor on RUclips!!!
Gosh, this helped me so much
I'm studying for FAR right now. This is another great refresher!!!
I hope you ace the exam!
Protect this man at all cost
Thank you for bringing a smile to my face!
Day 2 of Accounting II. Your videos are gold. Thank you so much for these videos!
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
Thanks professor farhat for your help with your tutorials.
You are the best! LOVE your videos!!! Thank you so much!
Thank you for the kind words, you are awesome!
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.
Love this channel! Thanks for the info
You saved my life. Thank you
Always easy to follow, and the questions are always anticipated...well done!
Thank you Michael.
Great videos!
thank u for explaining it shortly and precisely!
Thank you! {Pretoria, South Africa}
No problem!
Excellent explanation.. Love it..
This was very helpful. I now understand how to apply the equity method when accounting for investment in associates. *chuckles* Thank you . :)
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.
It really helped me to understand the concept. Thank You!
Very helpful. Thank you!
+3650days No problem. Have a nice winter break!
This helped thanks so much
helpful and quick. thanks!
You're welcome!
Your videos are SO helpful, thanks!
Awesome! Thanks for watching :)
Thanks for the video
thank you for making these videos! you're a huge help!!
No problem. Thanks for watching!
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.
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!
Amazing!!
Thanks!!
Thanks bro!
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?
Great video!
Thanks!
God bless you
😀
This is great! Thank you!
Is there a video for consolidation method for investments ?
Thank you!
Happy to help!
Good day sir! When you received a dividend, why does it decreases your investment??
because the dividend payment decreases the retained earnings
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.
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)
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!
thank you
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?
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.
Yes. Below are links to the videos. Thanks for watching!
Amortize a Bond Discount: ruclips.net/video/O2W935hzYpQ/видео.html
Amortize a Bond Premium: ruclips.net/video/meaqidbXHRY/видео.html
i cannot speak a very good english but i still understood it! thanks
Is 'Investment Revenue' a IS line item?
One suggestion that kindly enhance bold your handwriting....
Other things are good, nicely explain 👍
What happens if there is goodwill?
Why did you minus 4000? I thought that 4000 belonged to the Investor so therefore it would add 4000
thank you
No problem!
Thank you