CONSOLIDATED STATEMENT OF FINANCIAL POSITION (PART 2) - IFRS 10

This video enhances the understanding of the basic principles by solving two practical questions on partly-owned subsidiary, consolidating one on the date of acquisition and the other on a post-acquisition date.

[@sinayobyeerneste1312]

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Thank You very much!!

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Now i can actually look at a question and know what i am doing

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[@thabangtv6170]

I would like to request that you add videos of statement of changes in equity as well profit or loss. Your content is so easy to follow and very understandable. Thank you, sir.

[@renatasantos7369]

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[@bonganiboratkondo6788]

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[@jonathanlokutae3130]

This is best tutorials on consolidation. God bless u with knowledge

[@OsagieDaniel-xg6jj]

Your lecture is encouraging, brief and straight to the point

[@fredricksakala6630]

Awesome staff, IFRS 10 made easy, patiently waiting for part 2😊

[@princegacha3436]

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[@bilalahmed7002]

Passing exams in kenya and my teacher is in Ghana. Thank Yu so much teacher.

[@nyararaimadzikanda9567]

Consolidation made simple. You are a blessing.

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Helpful

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[@lukeasante7893]

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[@ELLAHIfinance]

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[@dilipasher5048]

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[@josephmanu5664]

Again....precious one, GOD BLESS U!

[@olukemioluwaseun9641]

THE BOSS.God bless you sir.

[@tshilidzitshikhudo4942]

Thanks so much for your tutorials, is there a video where you have dealt with proforma journals from this topic?

[@gabrielmtambo9243]

Well analysed lecture .....have enjoyed thank u...you explain well
From Zambia 🇿🇲

[@kazeemadeyinka5719]

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You have completely changed my accounting life
Let Almighty rewards you abundantly
JB Morrish valentine from ug

[@francismuiruri8568]

Appreciating this from 254🇰🇪🇰🇪🇰🇪🔥!

[@Muneenijohn]

Am from Kenya specific machakos university your are best teacher,,,,keep it up

[@NtokozMsomi]

Watching from South Africa, thank you so much.

[@itebatsengsmarties4020]

Is it advisable to just work out the NCI profit with the 8000 ?

[@georgekyeibenson8372]

wow, wow, wow I'm impressed. thank you very much

[@dennissukukumuneria9019]

You are very good teacher!!🌺

[@mulyke8325]

thanks for that , watching from Nairobi kenya , the capital city of AFRICA

[@brianmunyat]

why are we finding the percentage of profit of pre acquisition of nci yet it was not shared before acquisition?

[@mirriammuzeya8832]

Clearly explained, thank you sir

[@maryjaneonyeka6444]

This was so easy to understand. Thank you so much

[@sallukargbo7775]

What is confusing me is, who the owner of the 75% share of the pre acquisition profit, when calculating the NCI, because at pre acquisition date, the parent don't have anything to do with the profit

[@chiawearroom3020]

Wander full .from Uganda but I had suffered understanding these concepts.thanks so much.

[@abdelouahedelmaazouzi6102]

THANK YOU, DEAR FELIX

[@TBJoshualegacy4]

Thank you sir
Can you please do journal entries on consolidation

[@snsport-tv]

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[@keamogetsweserekwane3343]

Thank you. From South Africa 🇿🇦

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Well explained. Keep it up

[@shegalshajan7506]

where can i find part 3 sir

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Good work, thank you.

[@abdelbagialdaw1211]

Well done ✅ thank you....

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U are doing well sir

[@everynatural2trendz]

Thank you for this video 🥰

[@_.Mnsh._]

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But u are good sir thank u so much sir Namibia 🇳🇦 ❤️

[@livelyobowu2004]

Just seeing this video. In the case of the fair value for NCI. When calculating for the post acquisition surplus are we doing 25% of 8000 or 25% Of the 6,000?

[@thefathersson15]

For NCI:
Fair value of NCI: 5,500 (If given)
plus(+)
For post acquisition surplus: 25% of 6000 = 1,500
Total NCI = 7,000

[@davidgbla5842]

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U made my day

[@annamutheu626]

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[@classiaelvis]

Enjoying consolidation made easy from Kenya

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You made it to be simple much appreciate

[@user-qt1xz1wq6f]

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[@Sbah968]

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[@orjisilver7013]

Thank you for your explanation
I have a question
Why was the pre acquisition income surplus of 2000 still shared when it all belongs to the subsidiary company

[@christinamhlanga5925]

i think it is shared because of (a) when determining good will want to ascertain the value of subsidiary wen we purchase it , thats when we say shared capital plus income surplus ie 75% of 2000.
(b) when determining NCI value there is also need to say shared capital plus share in pre- acquisition profits ie 25 % x 2000 plus share in post acquisition profit. i think that's what l understand from his teaching.

[@sherifftamba5877]

Thank you so much brother

[@BENSONMALWA-hw6xk]

Thank sir for the good spirit

[@stephaniealexander9525]

Excellent teaching

[@tipedzetapiwanashe9441]

Thank you sir have mastered it

[@mauricesinyolo1593]

Consolidation made easy. Make FR your grace in the accounting field.

[@AkwasiRaymond-tf7br]

We need a question on the post acquisition

[@preciousamohboateng1669]

Sir pls am waiting for the part three of stock levels pls

[@peacestephen6713]

Do you take private lessons?

[@BESTMANNADUMNWIDO]

Good tutorial

[@Mszhennie]

Thank you so much sir.

[@scholasticamoraa1797]

Kenya here. Thank you

[@user-ks6nf1yk1b]

Well done sir

[@dairyskeptic7428]

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[@uwifeyefelix6881]

You know how to teach Sir.thanks

[@stanleychingobe7193]

Good staff

[@nerdyjtsavage]

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[@tarisaimapungwana4669]

Consolidations made easy!

[@agriseed6444]

Good job

[@jonathanibrahim7287]

Well-done

[@sanniadeniyi6468]

God bless you

[@DENISKIBET-w3v]

value off goodwll is supposed to be 16500 or 17500

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[@augustinzouzou6786]

We need consolidation of Profit or loss

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[@everfebbysimbakuronga6258]

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[@renatasantos7369]

W5 - NCI - Post acquisition
NCI at the date of acquisition (S) =28000*25%= 7,000
Post-acquisition RE (S)*25% -
NCI =7,000