I never imagined that I would ever understand IFRS 10.....I have been able to understand many of Financial Reporting Standards from your videos.... Blessings from Uganda
I am having an exam on advanced financial reporting I had problems understanding group accounts but when I watched this series I in fact left the notes alone I understood it way better Thanks sir
U are a good teacher, please give us another presentation for consolidation of Profit or loss, coz you can't understand one statement of financial position without understanding the Profit or loss one. As you promised that we still waiting for 7 months 😢. and we have done our role as you requested to learn together with the rest of the world through sharing, liking the videos and invite other people to join this channel which is very important for us
First Sir, I want to appreciate your intellect and detailed pedagogical skills. Time stamp 18:30 to 19:00 you did not state which Fair Value of Equity Items should be (less) from the sum of Purchase consideration and Fair Value of NCI. Should I less the FV of equity items of the Parent company only? or FV of equity items of the Subsidiary only? or a sum of both. In my Question I was given Equity Items as "Ordinary Shares $XXX Million and Retained Earnings XXX Million". Also what happens to the current liabilities "Payables and Dividends" are we to neglect them?
What if you are given a question with non current asset e.g land machinery and furniture and current asset eg inventory account receivable and cash in bank....share capital are ordinary shares of ksh 20 each, general reserves and profit and loss account.....current liability is account payable.......additional information, reserves and retained profit on the date of acquisition are 1600000 and 2000000 how do we go about it
Good day sir, thanks for this wonderful and helpful tutorials. I really love your work and how you explain things, very clear and understandable. Please I'm having problem with understanding payroll account, please help with a tutorial on that topic, I'm really having a hard time with that topic. Thanks so much sir.
Thanks very much for the videos I want you to help me with videos on the following 1 Time value of money * Compounding method *Discounting method 2. Bills of exchange
Sir please if in the question you’re given the three types of consideration and you still see a Total cost of investment in the SOFP will you use the calculation you made ?
concerning share exchange what if the value of each share is .5 that means half of 1. usually we multiply by 1 if the value of shares is 1 naira or above but when it is less how do you calculate
Sir, your lectures expanded my understanding and knowledge of any topics you treated, sincerely, I was having some challenges in dealing with consolidated accounts but watching this video has made it lucid for me. However, humbly waiting for part four of the consolidated episode. May Allah bless you and your household beyond measure.
Like you said in video two, indeed consolidation is indeed only made easy on this channel 😂🥺Bless you sir Felix.
I never imagined that I would ever understand IFRS 10.....I have been able to understand many of Financial Reporting Standards from your videos....
Blessings from Uganda
Which institution in Uganda
I am having an exam on advanced financial reporting I had problems understanding group accounts but when I watched this series I in fact left the notes alone I understood it way better Thanks sir
Thank you sir, now i can sit exam with my eyes close
You are AMAZING!!!!
WELL DONE SIR!!!
U are a good teacher, please give us another presentation for consolidation of Profit or loss, coz you can't understand one statement of financial position without understanding the Profit or loss one. As you promised that we still waiting for 7 months 😢. and we have done our role as you requested to learn together with the rest of the world through sharing, liking the videos and invite other people to join this channel which is very important for us
God bless you, THIS IS THE FIRST TIME, consolidation has been easy for me,appreciated
Thank you very much sir. As a accountant student at uni you have been my guide and help.
Ride on BIG BOSS. God in His infinite mercy will continue to bless you & your entire household for us. AMEEN
Really benefited from the video on IAS 16 PPE iam studying towards a diploma with the chartered institute of governance in zimbabwe
So much understandable! May almighty God bless you for you sir
You are a gift to accounting students
First Sir, I want to appreciate your intellect and detailed pedagogical skills. Time stamp 18:30 to 19:00 you did not state which Fair Value of Equity Items should be (less) from the sum of Purchase consideration and Fair Value of NCI. Should I less the FV of equity items of the Parent company only? or FV of equity items of the Subsidiary only? or a sum of both. In my Question I was given Equity Items as "Ordinary Shares $XXX Million and Retained Earnings XXX Million". Also what happens to the current liabilities "Payables and Dividends" are we to neglect them?
I can't stop watching the video oo.
OMG what a fantastic teacher.
God bless you FOG.
Thank you sir so much your videos help a lot. I was wondering, when can we expect other videos of consolidated financial statements?
What if you are given a question with non current asset e.g land machinery and furniture and current asset eg inventory account receivable and cash in bank....share capital are ordinary shares of ksh 20 each, general reserves and profit and loss account.....current liability is account payable.......additional information, reserves and retained profit on the date of acquisition are 1600000 and 2000000 how do we go about it
God bless u for making consolidated easy to understand
11:35pm..Well understood sir,your lessons are well tailored and well explained
Sir please we need video of Dividend treatment under consolidation financial statements
I UNDERSTAND YOUR EXPLANATION VERY WELL. THANKS
Because of this man I will write ICA
Weldon sir and God blessings upon you
do you offer tutorials on advance financial management ??
, your tutorials has really helped me here in kenya
You are really a good teacher
This is absolutely fine. Thanks FOG
Nice one sir. You have really blessed my life.
Pls can u help with explanation of accruals and prepayment.
Kudos Sir. 🎉🎉God bless you
Good day sir, thanks for this wonderful and helpful tutorials. I really love your work and how you explain things, very clear and understandable.
Please I'm having problem with understanding payroll account, please help with a tutorial on that topic, I'm really having a hard time with that topic.
Thanks so much sir.
Please do (departmental accounting )before the waec 🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾
From ethiopia, nicely done,see you yong.
you are god sent sir thank you so much
Thank you so much Sir, well understood🙏
Thanks very much for the videos
I want you to help me with videos on the following
1 Time value of money
* Compounding method
*Discounting method
2. Bills of exchange
Thank you for the lessons sir.
You are an amazing teacher!!!!
Sir please if in the question you’re given the three types of consideration and you still see a Total cost of investment in the SOFP will you use the calculation you made ?
U are doing well sir .❤
please sir, how do we treat bank balances with timing difference
Thank you sir
What of the case that the Pcompany acquires 100% of its subsidiary and has Retained earning at the same date of acquisition.
@fog accountancy tutorial
Thank you so much Sir 🙏
good job easy understandable
Wonderful Lecturer
thank you very much sir
Me going for advanced financial reporting with knowledge ❤❤😊😊
concerning share exchange what if the value of each share is .5 that means half of 1. usually we multiply by 1 if the value of shares is 1 naira or above but when it is less how do you calculate
We are waiting for part 4
acc made easy .thank you sir
How to calculate break even point in Advanced mgt accounting
May god bless you so much
Great job sir
Very detailed
thank you prof.
With the goodwill impairment,why didn't you share between the parent and NCI?
I guess he used the partial method, meaning NCI is at proportion of net asset
Thank you so much I wish I knew
Very good!
Thank you
Pls you didn't talk about the unwinding discount
❤
King ❤🎉
Thanks sir
@fog accountancy tutorial please I would like to relocate to Ghana.
Please kindly help out.
Thanks 🙏
❤👌
thank you sir
Sir, your lectures expanded my understanding and knowledge of any topics you treated, sincerely, I was having some challenges in dealing with consolidated accounts but watching this video has made it lucid for me. However, humbly waiting for part four of the consolidated episode. May Allah bless you and your household beyond measure.
😂😂😂😂😂
Consolidation made easy 🤌
THE BEST🙏
Thank you so much sir.