Consolidated Financial Statements Noncontrolling Interest.

In this session, I cover consolidated financial statement illustrating the noncontrolling interest
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[@pokyspud]

Excellent video. Adding the font color button to the quick access toolbar will save a bunch of clicks.

[@AccountingLectures]

Yes it does! Thank you and please visit the website for more farhatlectures.com/

[@jonathanlarco2453]

Also- at minute 14.34, shouldn't NCI be $223k? i just followed the 1st approach. Thanks.

[@jonathanlarco2453]

Hello- if liabilities are going down, shouldn't there be a decrease of expenses? similar to the equipment. Thank you.

[@danielmalinowski5655]

@ 13:50, deduct $10,000 for NCI dividend received, net income = $80x, 20%, yields $16k NCI income, minus $2k amortization

[@evanmellinger623]

i wish u could’ve explained the annual adjustments to LT Liabilities/ Interest Exp in a bit more detail… super counterintuitive @ face value, but i guess allocating a reduction to a liability is effectively writing up an asset which would then need to be amortized over its remaining 8 yr life ¯\_(ツ)_/¯

[@aaroacademy]

This was a really great and informative video. Thank you.

[@AccountingLectures]

Glad it was helpful! Thank you. For more resources check out my website: www.farhatlectures.com

[@jaycity339]

thank you

[@AccountingLectures]

Most welcome. Here's my advanced accounting course: farhatlectures.pathwright.com/library/advanced-accounting/about/

[@nehanitnaware7057]

Sir I wanted to ask you one question .....?
Sir CPA exam syllabus changes every year ..?

[@AccountingLectures]

Not necessary.

[@antonmursid3505]

Antonmursid🙏🙏🙏🙏🙏💝✌👌👋🇮🇩🇮🇩🇮🇩🇮🇩🇮🇩💝✌👌👋