Business Combinations | Goodwill Impairment | IFRS 10 | IFRS 3 | Consolidated Financial Statements

[@stavroskaragiannopoulos5843]

Many thanks Professor. Best IFRS 3 explanation on internet. Continue the good work!

[@antonmursid3505]

Antonmursid🙏🙏🙏🙏🙏✌💝👌😂🇸🇬🇸🇬🇸🇬🇸🇬🇸🇬✌💝👌🙏🙌

[@ramanuja21]

Thanx for sharing this video, Farhat. This is far better than reading it from bland IFRS literature with no guidance whatsoever.

[@AccountingLectures]

Glad it was helpful! Thank you and please visit the website for more farhatlectures.com/ Start your free trial!
Contact me for more:
LinkedIn: www.linkedin.com/in/professorfarhat.
Facebook: facebook.com/farhatlectures
Instagram: instagram.com/farhatlectures/?hl=en
Reddit: www.reddit.com/user/Farhatlectures

[@islamahmad6105]

Thank you.

[@AccountingLectures]

You're welcome! Please check my website for more: ✅www.farhatlectures.com

[@aaroacademy]

Thank you for this Presentation. Much appreciated.

[@simokhwang51]

you are the best sir
God bless you.

[@AccountingLectures]

You are most welcome. Please subscribe and share. If you want to access more resources, check my website:
✔farhatlectures.com/
✔Instagram: @farhatlectures
✔ Linkedin: www.linkedin.com/in/professorfarhat/
✔Facebook:@accountinglectures
✔Twitter: @farhatlectures
🎤Email: [e-mail]

[@AdityaModak]

Very Helpful - Thank You

[@AccountingLectures]

You are most welcome. Please subscribe and share.
If you want to access more resources, check my website: farhatlectures.pathwright.com/library/
Connect with me:
Instagram Account: instagram.com/farhatlectures/
Linkedin: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures
Twitter: twitter.com/farhatlectures
Email: [e-mail]

[@KM-ey5vs]

Thanks

[@AccountingLectures]

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

[@sanjaybhandari1976]

Very helpful !!

[@AccountingLectures]

You are most welcome. Please subscribe and share. If you want to access more resources, check my website:
farhatlectures.com/ Connect with me: Instagram Account:
instagram.com/farhatlectures/ Linkedin:
www.linkedin.com/in/professorfarhat/
Facebook:
facebook.com/accountinglectures Twitter:
twitter.com/farhatlectures Email: [e-mail]

[@larnebooysens6169]

This was really helpful, thank you very much! ;-)

[@AccountingLectures]

You're welcome! Thank You. For more, visit my website at: www.farhatlectures.com

[@mahmoudmohsen8105]

Hello Prof. Farhat , thanks for the great effort . I wanted to clear smtg around IFRS3 , recording the identifiable assets @ FMV including inventory , would not that just goes against another IFRS or recording inventory at FMV or bookvalue which is lower of them?

[@innocentithindi9363]

15:24 Goodwill

[@AccountingLectures]

Please visit the website for more: www.farhatlectures.com

[@luvpinas123]

Ooh this is what we learn in Australia!

[@AccountingLectures]

You are welcome. Please subscribe and share the channel on
social media.
Please connect with me:
Instagram: instagram.com/farhatlectures/
LinkedIn: www.linkedin.com/in/professorfarhat/
Facebook: facebook.com/accountinglectures

[@mohammedembabi571]

thank you sir.

[@AccountingLectures]

You are most welcome. Please subscribe and share. If you want to access more resources, check my website:
✔farhatlectures.com/
✔Instagram: @farhatlectures
✔ Linkedin: www.linkedin.com/in/professorfarhat/
✔Facebook:@accountinglectures
✔Twitter: @farhatlectures
🎤Email: [e-mail]

[@sylviamercy8339]

Please let me know which book you are using for your lectures.

[@mansoorkhan2858]

Thanks sir......

[@AccountingLectures]

You are welcome. Please subscribe and share the channel on
social media.
Please connect with me:
Instagram: instagram.com/farhatlectures/
LinkedIn: www.linkedin.com/in/professorfarhat/
Facebook: facebook.com/accountinglectures

[@xrisug]

Thank you so much Sir!

[@AccountingLectures]

YOu are welcome.
Check my website for more:
✔farhatlectures.com/
✔Instagram: @farhatlectures
✔ Linkedin: www.linkedin.com/in/professorfarhat/
✔Facebook:@accountinglectures
✔Twitter: @farhatlectures
🎤Email: [e-mail]

[@salmanansari7843]

CAN I RECORD GOODWILL WHILE PREPARING SEPARATE FINANCIAL STATEMENT OR WE CAN RECORD ONLY PREPARING CONSOLIDATION
PLEASE REPLY

[@thinukalakshan]

In separate financial statement entity allowed to recognize goodwill if and only the company do consolidation. If the investment in cost model as per IAS 27, no Goodwill recognized

[@nahommillion514]

Can calalulat 100 % Goodwill

[@samal3333]

Query on IFRS 3 & 10
Company A acquires(100℅) company B for 130
Company A B/s
Capital 230
Ppe 100
Bank 130
Company B B/s
Capital 100
Ppe 100
Fair value of PPE of B on acquisition date is 120
So goodwill is 10 (130-120)
Both company follow cost model for PPE
On consolidation date:
Company A B/s
Capital 230
Ppe 90 ( after dep of 10)
Investment in B 130
P&L (loss) 10
Company B B/s
Capital 100
Ppe 90 ( after dep of 10)
P&L (loss) 10
What will be the consolidated B/s of A&B?
Capital?
PPE?
goodwill?
P&L(loss) ?

[@cafinalstudentrajasthan8171]

SIR ME RAHETA HU ME YE PADH SAKTA HU KYA PLEASE REPLY

[@manasbanerjee1918]

he is not indian😑😑

[@hellacooook]

Should be a politician

[@AccountingLectures]

Why is that?

[@hellacooook]

@@AccountingLectures have the heart to help people, understands psychology through business language, has a proven track record of a following, and is connected to capital. Whether you have brushed up on the local political scene or the history of whichever country you reside , there’s a fair chance you can scale political success.

[@mohitagarwal6233]

There are background noise in your videos..seems to me someone is taking...that is really breaking the concentration..if you can clean up those background noise it will be great...if you run the video from 9th minute ..you will be able to hear the noise