Home
Search results “Accounting purchase method”
45 Purchase Method of Accounting
 
09:19
Registration Link : http://adf.ly/1g7gcK Facebook Fans : http://adf.ly/1g7gwr VK Group : http://adf.ly/1g7ghw YouTube Channel : http://adf.ly/1g7gmZ WebSite : http://adf.ly/1g7h6B
Accounting for Acquisition Method In A Business Consolidation
 
09:57
How to apply the acquisition method in a business combinations and business consolidations determine goodwill gain or loss on the acquisition of a subsidiary company by the parent based on the fair value of net assets received, includes calculations with accounting journal entries by Allen Mursau
Views: 52265 Allen Mursau
Acquisition Accounting Business Combination | Advanced Accounting | CPA Exam FAR | Ch 2 P 3
 
12:11
Business combination, acquisition method, goodwill, 2 step test, goodwill impairment, advanced accounting, asset acquisition, stock acquisition, mergers, consolidations, acquisitions, consolidated financial statements, acquirer, acquiree, Investment in Subsidiary, statutory merger, statutory consolidation, advanced accounting, CPA exam, Takeover Premiums, Earnout, stock exchanged ratio, goodwill, normal earnings, excess earnings. estimated goodwill, offering price,
Advanced Accounting - Part 1 Introduction to Consolidations (Acquisition Method)
 
10:35
For more videos like this go to www.patrickleemsa.com. Join Robinhood and we'll both get a share of stock like Apple, Ford, or Sprint for free. To do so, make sure you click on this link: https://share.robinhood.com/patrickl803 ___________________________________ NETWORK WITH ME! PATRICKLEECPA Twitter - https://twitter.com/patrickleecpa Website – https://www.patrickleecmsa.com ___________________________________________ Send a letter or send something cool about how you’re using these videos. Patrick Lee, MSA PO Box 936 Winfield, Kansas 67156 ___________________________________________ WORK WITH ME! CONTACT US: [email protected]
Views: 18277 Patrick Lee
Gross vs Net Method of Accounting for Sales Discounts
 
06:11
This video shows the difference between the gross method and the net method of accounting for Sales Discounts. Some companies offer discounts to customers for paying their bill within a specific period of time. It is very common to see, "2/10, n/30" on a bill, which means the customer will receive a 2% discount off the sales price if the bill is paid within 10 days, but if the bill is not paid within 10 days then the entire amount is due within 30 days. A company can account for these sales discounts using either the Gross Method or the Net Method. Under the Net Method, we assume that the customer will receive the discount when we initially record the sale. Thus, we record Sales Revenue and Accounts Receivable as if the customer had taken the discount. If the customer does end up paying early and getting the discount, we simply debit Cash for the amount received and credit Accounts Receivable for the same amount. If, however, the customer does not end up receiving the discount, they will pay more than we initially recorded. We debit Cash for the full balance (without the discount) and credit the receivable. To make the debits and credits balance, we credit an account called "Other Income" or "Sales Discount Forfeited" or "Interest Revenue." Under the Gross Method, we do not assume that the customer will receive the discount when we initially record the sale. Thus, if the customer doesn't receive the discount and pays the full amount, we simply debit Cash for the amount received and credit Accounts Receivable for the corresponding amount. If the customer does end up receiving the discount, however, we debit Cash for the amount received and credit Accounts Receivable. To make the debits and credits balance, we also debit an account called Sales Discounts. Sales Discounts will then be subtracted from Gross Sales on the Income Statement to yield Net Sales. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like Edspira on Facebook, visit https://www.facebook.com/Edspira To sign up for the newsletter, visit http://Edspira.com/register-for-newsletter Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin To follow Michael on Facebook, visit https://www.facebook.com/Prof.Michael.McLaughlin
Views: 13168 Edspira
44 Pooling Method of Accounting
 
01:54
Registration Link : http://adf.ly/1g7gcK Facebook Fans : http://adf.ly/1g7gwr VK Group : http://adf.ly/1g7ghw YouTube Channel : http://adf.ly/1g7gmZ WebSite : http://adf.ly/1g7h6B
Equity Method of Accounting for Investments
 
06:46
This video uses a comprehensive example to demonstrate how to account for investments using the Equity Method. When an investor owns between 20% and 50% of a firm's stock, the investor is deemed to have significant influence and must recognize a proportionate share of the firm's earnings. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
Views: 54457 Edspira
Goodwill in Accounting, Defined and Explained
 
06:10
This video defines the concept of Goodwill as used in accounting and provides an example of how Goodwill is calculated. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
Views: 69829 Edspira
Accounting for Consolidated Subsidiaries
 
09:38
An introduction to the consolidation procedure under the acquisition method. Assumes purchase at book value and equity method of accounting by the parent. Dr. Alison Riley, CPA,
Views: 11474 Alison Riley
Periodic Inventory Accounting
 
06:47
This video discusses the periodic inventory method. Whereas firms using the perpetual inventory method continuously adjust the inventory balance each time they buy or sell inventory, firms using the periodic inventory method instead track inventory by performing a count of inventory at the end of each period. Inventory that is purchased throughout the year is temporarily recorded to a "Purchases" account and Cost of Goods Sold is computed at the end of the period via the follow equation: Beginning Inventory + Purchases - Cost of Goods Sold = Ending Inventory Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
Views: 34101 Edspira
Periodic vs Perpetual Inventory Accounting
 
08:06
This video discusses the differences between the periodic and perpetual inventory methods. A comprehensive example is provided to illustrate the different journal entries that are used to record inventory purchases, sales, and period-end adjustments under each method. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
Views: 115950 Edspira
[#2]Depreciation Accounting||Written Down Value Method||with solved problem|| by:- kauserwise
 
09:05
Here is the video for Depreciation Accounting - Written Down Value Method - Financial accounting with solved problem, Hope this will help you to get the subject knowledge at the end. Thanks and All the best. To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research
Views: 497630 Kauser Wise
Perpetual Inventory Accounting
 
06:42
This video discusses the perpetual inventory system. A comprehensive example is presented to demonstrate how the perpetual inventory system results in continuous updates to the inventory account as a firm purchases and sells inventory (as opposed to the periodic inventory system, in which the inventory account is updated at the end of a period). Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
Views: 37638 Edspira
IFRS 3 Business Combinations - Summary
 
10:43
http://www.ifrsbox.com This is the short summary of IFRS 3 Business Combinations. The objective of IFRS 3 is to improve the relevance, reliability and comparability of the information that a reporting entity provides in its financial statements about a business combination and its effects. IFRS 3: • Recognizes and measures the identifiable assets acquired, the liabilities assumed and any non-controlling interest in the acquiree; • Recognizes and measures the goodwill acquired in the business combination, or a gain from a bargain purchase; • Determines what information to disclose about the business combination. An investment must constitute a business before we can apply IFRS 3. IFRS 3 requires application of the acquisition method for each business combination. 4 steps: • Step 1: Identifying the acquirer, • Step 2: Determining the acquisition date, • Step 3: Recognizing and measuring the identifiable assets acquired, the liabilities assumed and any non-controlling interest in the acquiree; • Step 4: Recognizing and measuring goodwill or a gain from a bargain purchase. If you’d like to learn how to consolidate, or anything about IFRS in general, please visit http://www.ifrsbox.com and subscribe to our free IFRS mini-course. Thank you!
Views: 115195 Silvia M. (of IFRSbox)
Relative Sales Value Method/Lump Sum Purchase | Intermediate Accounting | CPA Exam FAR | Chp 9 p 2
 
04:40
When  a  group  of  varying  inventory items  is  purchased for  a  lump  sum  price,  a  problem exists relative to the cost per item. The relative sales value method apportions the total cost to individual items on the basis of the selling price of each item.
Advanced Accounting 4: Acquisition Accounting
 
08:51
Ken Boyd, owner of St. Louis Test Preparation (www.stltest.net) presents part 4 of his course on Advanced Accounting. Boyd points out that students can have success with Advanced Accounting concepts by making connections to actual examples from business. As a former CPA, College Accounting professor, Auditor and Tax Preparer, Ken has a wealth of experience to bring to the subject.
Views: 18436 AccountingED
IRR - Accounting and Finance for Bankers (for JAIIB Examination)
 
07:06
Install our android app CARAJACLASSES to view lectures direct in your mobile - https://bit.ly/2S1oPM6 Join my Whatsapp Broadcast / Group to receive daily lectures on similar topics through this Whatsapp direct link https://wa.me/917736022001 by simply messaging YOUTUBE LECTURES Did you liked this video lecture? Then please check out the complete course related to this lecture, FINANCIAL MANAGEMENT – A COMPLETE STUDYwith 500+ Lectures, 71+ hours content available at discounted price(10% off) with life time validity and certificate of completion. Enrollment Link For Students Outside India: https://bit.ly/2PmYtDf Enrollment Link For Students From India: https://www.instamojo.com/caraja/financial-management-a-complete-study-online/?discount=inyfmacs2 Our website link : https://www.carajaclasses.com Indepth Analysis through 300+ lectures and case studies for CA / CFA / CPA / CMA / MBA Finance Exams and Professionals ------------------------------------------------------------------------------------------------------------------------ Welcome to one of the comprehensive ever course on Financial Management – relevant for any one aspiring to understand Financial Management and useful for students pursing courses like CA / CMA / CS / CFA / CPA, etc. A Course with close to 300 lectures explaining each and every concept in Financial Management followed by Solved Case Studies (Video), Conversational Style Articles explaining the concepts, Hand outs for download, Quizzes and what not?? ------------------------------------------------------------------------------------------------------------------------ This course is about Financial Management. By taking up this course, you will have opportunity to learn the all facets of Financial Management. Knowledge on Financial Management is important for every Entrepreneur and Finance Managers. Ignorance in Financial Management can be disastrous because it would invite serious trouble for the very functioning of the organisation. This is a comprehensive course, covering each and every topic in detail. In this course,you will learn the Financial Management basic concepts, theories, and techniques which deals with conceptual frame work. Following topics will be covered in this course a) Introduction to Financial Management (covering role of CFO, difference between Financial Management, Accounting and other disciplines) b) Time Value of Money c) Financial Analysis through Ratios (covering ratios for performance evaluation and financial health, application of ratio analysis in decision making). d) Financial Analysis through Cash Flow Statement e) Financial Analysis through Fund Flow Statement f) Cost of Capital of Business (Weighted Average Cost of Capital and Marginal Cost of Capital) g) Capital Structuring Decisions (Capital Structuring Patterns, Designing optimum capital structure, Capital Structure Theories). h) Leverage Analysis (Operating Leverage, Financial Leverage and Combined Leverage) I) Various Sources of Finance j) Capital Budgeting Decisions (Payback, ARR, MPV, IRR, MIRR) k) Working Capital Management (Working Capital Cycle, Cash Cost, Budgetary Control, Inventory Management, Receivables Management, Payables Management, Treasury Management) This course is structured in self learning style. It will have good number of video lectures covering all the above topics discussed. Simple English used for presentation. Take this course to understand Financial Management comprehensively. Mandatory Disclosure regarding course contents: This course is basically a bundle of following courses: a) Time Value of Money b) Cash Flow Statement Analysis c) Fund Flow Statement Analysis d) Finance Management Ratio Analysis e) Learn how to find cost of funds f) Learn Capital Structuring g) Learn NPV and IRR Techniques h) Working Capital Management. If you are purchasing this course, make sure you don't purchase the above courses. Also note, this course is also bundled in comprehensive course named Accounting, Finance and Banking - A Comprehensive Study. So if you are purchasing above course, make sure you don't purchase this course. • Category: Business What's in the Course? 1. Over 346 lectures and 48 hours of content! 2. Understand Basics of Financial Management 3. Understand Importance of Time Value of Money 4. Understand Financial Ratio Analysis 5. Understand Cash Flow Analysis 6. Understand Fund Flow Analysis 7. Understand Cost of Capital 8. Understand Capital Structuring 9. Understand Capital Budgeting Process 10. Understand Working Capital Management 11. Understand Various sources of Finance Course Requirements: 1. Students can approach with fresh mind Who Should Attend? 1. Any one who wants to learn Financial Management comprehensively 2. MBA (Finance) students 3. CA / CMA / CS / CFA / CPA / CIMA
Views: 83111 CARAJACLASSES
Accounting for Hire Purchase - Financial Accounting - B.Com | Karan Arora | Study Khazana
 
33:18
Hire Purchase full video course can be found here https://www.studykhazana.com/coursedetails/accounting-for-hire-purchase-financial-accounting-bcom-pass-1st-year Learn more about financial accounting : https://www.studykhazana.com/coursedetails/financial-accounting-bcom-pass-1st-year Important courses and tutorials for BCOM can be found here https://www.studykhazana.com/Courses/graduation/bcom Illustration 1:- Calculate the amount of Interest and Installment in the following. Case-1: Down Payment -20% Balance -Rs 8,00,000 by way of four annual instalments. Rate of Interest - 20%pm Compounding of Interest -At yearly rest Hire Purchase is the most secured and effecting tool of collecting the proceeds of a credit sale. As nowadays books are maintained in a double entry system by all big houses and multinationals. sale is the key factor for the success of the business as a profit of an organization depends on its volume of sales. A big business house can affect sales on the cash basis as well as on credit basis and that's how credit sale becomes essential for growth of the system. In this lecture you will learn the meaning and concept of hire purchase, hire-purchase, hire vendor, goods repossessed, hirer, cash purchase price, downpayment, hire purchase price, hire purchase charges and you will solve some problems based on these terms and different cases. Calculation of interest when rate of interest is given, you will solve the problems using balance sheets. Questions are provided to you. You can note the questions for your convenience. The solutions are provided to you in step by step manner. These steps are really important if you wish to score full marks. SUBSCRIBE to Watch More Tutorials & Lectures Visit: https://www.youtube.com/c/StudyKhazana ** Stay Connected with Us ** https://www.facebook.com/studykhazana https://twitter.com/studykhazana Full Course and Lecture Videos now available on (Study Khazana) login at http://studykhazana.com/ Contact Us : +91 8527697924 Mail Us : [email protected]
Views: 125888 Study Khazana
Hire Purchasing Accounting problem solution
 
29:22
#commercebuddy #hirepurchase
Views: 17260 Commerce Buddy
Partnership Accounting Direct Purchase Of Partnership Interest From Existing Partners
 
09:48
Accounting for admission of a new partner into a partnership where the new partner deals directly with an existing partner or partners rather than with the partnership entity, new partner will purchase all or part of the capital interest of one or more existing partners in exchange for some consideration (assets), using two different accounting methods, (a) Method (1): (If what new partner paid to existing partners is not used to impute (calculate) the fair value of the partnership), the partnership records the redistribution of capital interests by transferring all or a portion of the sellers capital to the new partners capital account but does not record the transfer of any assets and (b) Method (2): (imputed fair value, new partners investment divided by new partners percent acquired), represents under valued existing assets and /or goodwill traceable to the existing partners, requires recording (a) previously unrecognized increase in value of the partnership and (b) the transfer of the original partners adjusted capital to new partner, provides useful information for allocating the acquisition price between the selling partners,the selling partners original capital plus their share of any imputed value may indicate the current values for which the new partner is paying, detailed accounting example by Allen Mursau
Views: 6022 Allen Mursau
Acquisition Method | Indemnification Asset | CPA Exam FAR Questions | Advanced Accounting
 
13:24
My website: https://farhatlectures.com/ Facebook page: https://www.facebook.com/accountinglectures LinkedIn: https://goo.gl/Pp2ter Twitter: https://twitter.com/farhatlectures Email Contact: [email protected]
Push Down Accounting | Advanced Accounting | CPA Exam FAR | Ch 5 P 5
 
27:15
pushdown accounting, push down accounting, Allocation of difference between implied and book value. Bargain purchase, goodwill, Equity method,full year reporting alternative, partial year reporting alternative,Consolidated financial statement, non controlling interest, cost method, equity method, complete equity method, partial equity method, accounting for stock investment, elimination entries, consolidation, consolidated financial statement, advanced accounting, cpa exam, acquirer, acquiree, Investment in Subsidiary, Variable interest entity, Enron, special purpose entity Accounting for stock acquisitions, parent, subsidiary, liquidating dividend
Introduction to Hire Purchase and Installment System with format | Financial Accounting | Mathur Sir
 
17:46
Introduction to Hire Purchase System with format | Financial Accounting | Mathur Sir Classes #MathurSirClasses #StudyMaterial If you like this video and wish to support this EDUCATION channel, please contribute via, * Paytm a/c : 9830489610 * Paypal a/c : www.paypal.me/mathursirclasses [Every contribution is helpful] Thanks & All the Best WE NEED YOUR SUPPORT TO GROW UP..SO HELP US!! Hope you guys like this one. If you do, please hit Like!!! Please Share it with your friends! Thank You! Please SUBSCRIBE for more videos. Music - www.bensound.com Video Recording and Editing by - Gyankaksh Educational Institute (9051378712) https://www.youtube.com/channel/UCFzUEzxnRDsbWIA5rnappwQ
Views: 25748 Mathur Sir Classes
Accounting for Purchases Perpetual Inventory Financial Accounting FAR Exam
 
15:07
Webiste: www.farhatlectures.com Like us on Facebook: https://www.facebook.com/accountinglectures Visit the website where you can search using a specific term: http://www.farhatlectures.org/ Connect with Linked In: https://www.linkedin.com/in/mansour-farhat-cpa-cia-cfe-macc-2453423a/ II. Accounting for Merchandise Purchases The invoice serves as a source document for this event. A Purchases without Cash Discounts. 1. Entry to record purchase: debit Inventory, credit Cash or Accounts Payable. 2. Trade Discounts: deductions from list price (catalog price) to determine the invoice price (actual selling price). Trade discounts are not entered into accounts. B. Purchase With Cash Discounts 1. Credit terms describe cash discounts offered to purchasers by seller for payment within a specified period of time called the discount period. 2. Cash Discounts- granted by the seller to encourage buyers to pay the amount they owe earlier. Buyers view cash discounts as purchase discounts and sellers view them as sales discounts. 3. Example: credit terms, 2/10 n/30, offer a 2 % discount if invoice is paid within 10 days of invoice date, if not full payment is due within 30 days of invoice date. 4. Entry for buyer for purchase using full invoice, gross method is: debit Merchandise Inventory and credit Accounts payable. 5. Payment within Discount Period: debit Accounts Payable (full invoice amount), credit Cash (full invoice – discount), credit Inventory (amount of discount). 6. Managing Discounts: Missing out on cash discounts can be very costly. A system should be set-up to ensure that all invoices are paid on the last day of discount period. 7. Payment after Discount Period: debit Accounts Payable and credit Cash. C. Purchases with Returns and Allowances 1. Purchase allowances is a reduction in the cost of defective merchandise that a buyer acquires. 2. Purchases returns are merchandise a buyer acquires but then returns to the seller. 3. A debit memorandum informs the seller of a debit made to the seller’s account payable in the buyer’s records. 4. Entry on buyer’s books: debit Accounts Payable or Cash (if refund given) and credit Inventory. 5. Discounts can only be taken on the remaining balance on the invoice if a return is made before payment is made. D. Purchases and Transportation Costs - the point at which ownership is transferred (called FOB or free on board). Determines who is responsible for paying any freight costs and/or bearing any loss. Two alternative points of title transfer are: 1. FOB shipping point—title transfers at shipping point and buyer pays shipping costs. a. Increases cost of merchandise (cost principle) b. Debit Inventory, credit Cash or Accounts Payable (if to be paid for with merchandise later) 2. FOB destination—title transfers at destination and seller pays shipping costs. a. Operating expense for seller b. Debit Delivery Expense and credit Cash.
Hire-Purchase Accounting#JOURNAL in Hire Purchasers & Hire Venders Books.
 
16:58
Hello Students. This video lecture will help you in understanding the CONCEPT of HIRE PURCHASE ACCOUNTING. Journal Entries in the books of Hire Purchaser and Hire Vender. #Step-By-Step EXPLANATIONS# Useful for B.COM, CA, CS and CMA Exams. FINANCIAL ACCOUNTS(Simplified Learning) https://youtu.be/gvf-_NQSXr4 Chapter-JOINT VENTURE
Views: 23035 COMMERCE-SEEKHO
Asset and Stock Acquisition Method of Payment | Advanced Accounting | CPA Exam FAR | Ch 1 P 2
 
12:15
asset acquisition, stock acquisition, mergers, consolidations, acquisitions, consolidated financial statements, acquirer, acquiree, Investment in Subsidiary, statutory merger, statutory consolidation, advanced accounting, CPA exam, Takeover Premiums, Earnout, stock exchanged ratio, goodwill, normal earnings, excess earnings. estimated goodwill, offering price, implied offering price, dilution, accretion
Hire Purchase Accounting - Basic Concepts | B. Com - Financial Accounting | Stay Learning | (HINDI)
 
09:16
In this Chapter we will Learn 1) Calculation of Cash Price, interest, instalments in different cases 2) Journal entry in the book of Hire Purchase and Hire Vendor 3) Ledgers in the book of Hire Purchase and Hire Vendor 4) Small Value Items 5) Hire Purchase Trading Accounts To View Full Video Lectures Visit - https://bit.ly/2PEEnUC ★ ACCOUNTS VIDEOS ★ https://www.youtube.com/channel/UCAXbiqmSkp9Sse4guGRMqDw?view_as=subscriber ★ COST ACCOUNTING VIDEOS ★ https://www.youtube.com/channel/UCAXbiqmSkp9Sse4guGRMqDw?view_as=subscriber ★ FINANCIAL MANAGEMENT VIDEOS ★ https://www.youtube.com/channel/UCAXbiqmSkp9Sse4guGRMqDw?view_as=subscriber ★ ECONOMICS VIDEOS ★ https://www.youtube.com/channel/UCK5RB8xNW_iOXz-rcGJZyTw?view_as=subscriber ★ INCOME TAX VIDEOS ★ https://www.youtube.com/channel/UCRRFVa1axTUdwZzc4Ta42XQ?view_as=subscriber ★ MATHS VIDEOS ★ https://www.youtube.com/channel/UCaIY3jMl7QDUWN6P6kSUYWw?view_as=subscriber STUDY TIPS ऐसे पढोगे तो हमेशा TOPPER बनोगे | Study Tips https://bit.ly/2QUXaew ENGLISH – Fatafat (Easy Way to Learn English) अंग्रेजी सीखें - फटाफट https://bit.ly/2PoAF4H ★ ExpertMotivation Channel https://bit.ly/2EsPBKC ★ For Any Information Video classes & Face To Face Batches Call +91 9268373738 E-mail: [email protected] (We Prefer emails rather than calls) Call timings Monday to Friday - Morning 10 to Evening 7 FACEBOOK: https://www.facebook.com/VijayAdarshIndia WEBSITE: http://www.vijayadarsh.com
Views: 57987 StayLearning
Amalgamation (Purchase)- Accounting in the Books of Purchasing & Selling Companies - CA Gopal Somani
 
24:57
This video helps in understanding Accounting Treatment of Amalgamation in the nature of PURCHASE in the books of Purchasing and Selling companies, easily. This video will be helpful for Students of CA - IPCC or Final, CS, CMA and B.com
Views: 10357 CA Gopal Somani
Hire Purchase and Installment System sums no 01 | Financial Accounting | Mathur Sir Classes
 
17:15
Hire Purchase and Installment System sums no 01 | Financial Accounting | Mathur Sir Classes #MathurSirClasses #StudyMaterial If you like this video and wish to support this EDUCATION channel, please contribute via, * Paytm a/c : 9830489610 * Paypal a/c : www.paypal.me/mathursirclasses [Every contribution is helpful] Thanks & All the Best WE NEED YOUR SUPPORT TO GROW UP..SO HELP US!! Hope you guys like this one. If you do, please hit Like!!! Please Share it with your friends! Thank You! Please SUBSCRIBE for more videos. Music - www.bensound.com Video Recording and Editing by - Gyankaksh Educational Institute (9051378712) https://www.youtube.com/channel/UCFzUEzxnRDsbWIA5rnappwQ
Views: 30866 Mathur Sir Classes
Example: Periodic Inventory: Gross & Net Methods | Intermediate Accounting | CPA Exam FAR | Chp 8 p9
 
13:56
period method, gross method, net method, inventory, purchase discount, liquidation, FIFO, LIFO, accounts payable, purchase allowance, Inventory overstated, inventory understated, cost of goods sold overstated, cost of goods sold understated Inventory turnover and days;s sales in inventory, ratio, financial statement analysis, Lower of cost or market, LCM, Accounting conservatism
Material Supplies Expenditures | Governmental Accounting | CPA exam FAR
 
07:42
www.farhatlectures.com Like us on Facebook: https://www.facebook.com/accountinglectures Visit the website where you can search using a specific term: http://www.farhatlectures.org/ Connect with Linked In: https://www.linkedin.com/in/mansour-farhat-cpa-cia-cfe-macc-2453423a/ The acquisition and use of materials and supplies (and the related issue of prepaid expendi- tures, to be discussed in the next section) present unique accounting problems in governmental funds. Materials and supplies and prepaid items are not strictly expendable available financial resources, in that they will neither be transformed into cash nor can they be used to satisfy gov- ernmental fund obligations. Nevertheless, having supplies on hand obviates the government from needing to purchase the items in the future. Unlike businesses, governments do not generally acquire inventories with the intention of either reselling them or using them in manufacturing processes. They do, however, maintain inventories of office supplies, road maintenance and construction materials, spare parts, and other materials needed to carry out day‐to‐day operations. Among the primary issues pertaining to governmental fund materials and supplies are • The timing of the expenditure; specifically, should governmental funds recognize an expendi- ture when they acquire, pay for, or use the materials and supplies? • The reporting of the asset; specifically, should inventory be reported as an asset, even though it is not strictly an expendable available financial resource? Consumption method, purcahses method, expenditures, governmental accounting
Amalgamation (Merger)- Accounting in the Books of Purchasing & Selling Companies - CA Gopal Somani
 
19:15
This video helps in understanding Accounting Treatment of Amalgamation in the nature of MERGER in the books of Purchasing and Selling companies, easily. This video will be helpful for Students of CA - IPCC or Final, CS, CMA and B.com
Views: 11050 CA Gopal Somani
What Is A Purchase Accounting?
 
00:45
Purchase method of accounting readyratios. This treatment is required under the various accounting frameworks, such as gaap and ifrs purchase results in increase expense decrease assets of entity, must be debited while credited. A purchase may be made on cash or credit. Purchase accounting purchase 101 intangible asset lives and contingent for business acquisition using method what is a return? Accounting basics of assets definition nasdaq. Accounting for purchases explanation examples and recognition. Purchases of equipment or supplies are not an accounting method used in mergers which the purchasing company adds acquired company's assets to its balance sheet using a fair market value introduction. The purchase accounting adjustment accountingtools what is a. Html url? Q webcache. Those costs include finder's fees; Advisory, legal, accounting, valuation, accounting for mergers and acquisitions can be daunting, but it all starts with a basic understanding of purchase versus acquisition. I think it's partly because the presentation of purchase accounting (the method acquisition is a set formal guidelines describing how assets, liabilities, noncontrolling interest and goodwill target company must be reported by purchasing on its consolidated statement financial position an used in mergers acquisitions with which treats firm as investment, adding target's assets to means take possession given asset, property, item or right paying predetermined amount money for transaction completed temporary account periodic inventory system record purchases merchandise resale. Acquisition accounting, also popularly known as a purchasing method of accounting was used in the acquisition has always been challenge for analysts and associates. The double entry is same as in the case of a cash purchase, except that credit made method accounting for merger treats acquirer having purchased assets and assumed liabilities acquiree, which are then written up defining purchasing. What is a purchase? My accounting coursepurchase dictionary definition. Under accounting standards codification ( asc ) 805 (formerly sfas 141r), companies are required to use purchase for business 14 jan 2013 in brief, a acquisition, from the standpoint, is transaction which both acquiring and acquired company still left return occurs when buyer returns merchandise that it has purchased supplier. 16 feb 2012 purchase accounting is the practice of revising the assets and liabilities of an acquired business to their fair values at the time of the acquisition. M&a accounting in simple english wall street preppurchase acquisition investopedia. The purchase accounting adjustment accountingtools. Purchase accounting adjustment accountingtools. What are the differences between acquisition method and what is meaning of purchases in accounting? Youtube. Googleusercontent search. In 2007 2008 15 jun 2017. Apr 2016 an accounting rule could dramatically reduce a company's revenue in periods after acquisition The
Views: 182 Bet My Bet
Partnership Accounting Retirement (Withdrawal) Of Partner (Goodwill Vs Bonus Methods)
 
10:25
Accounting for the withdrawal (retirement) of a partner from a partnership, involves either, Case (1) equity of the withdrawing partner is purchased with the personal assets of existing or new partners rather than with the assets of the partnership (withdrawing partner deals directly with partner buying them out), and Case (2) when a withdrawing partner sells an interest to the partnership rather than to an individual partner either the (1) bonus method or (2) goodwill methods may be used (withdrawing partner deals directly with partnership entity), for Case (1) withdrawing partner A withdraws from partnership and Partner C uses personal funds to purchase Partner A interest at its current value, if the price paid by Partner C is not used to impute the value of the entity then partner A exchanges his capital interest with partner C, now for Case (2) using the bonus method, remaining partners bonus to partner A equals [fair value (A) - recorded capital (A)], bonus paid to partner A allocated to existing partners based on their profit and loss ratio, now for Case (2) using the goodwill method, two alternatives are available (for the goodwill method), (a) recognize only goodwill traceable to retiring partner or (2) recognize amount of goodwill traceable to the partnership entity, allocate goodwill to each partner based on profit and loss ratios, goodwill is imputed based on withdrawing partners percent of capital ownership, detailed accounting example by Allen Mursau
Views: 20978 Allen Mursau
Purchase Accounting for Noncontrolling Interests AKA Minority Interests
 
23:00
In this video, you’ll learn how to complete the purchase price allocation and Balance Sheet combination process when a buyer acquires between 50% and 100% of a seller, and how it’s different when the buyer’s stake goes from, say, 30% to 70%, compared to when it goes from 0% to 70%. By http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" Table of Contents: 3:31 Step 1: Transaction Assumptions 6:38 Step 2: Sources & Uses and Purchase Price Allocation 10:42 Step 3: Combining the Balance Sheets 16:57 Step 4: What Does This Look Like Under Different Scenarios? 20:11 Recap and Summary Step 1: Transaction Assumptions: Need to assume a certain existing stake, and then an additional stake acquired such that the total post-transaction stake ends up being between 50% and 100%. Assuming here that the target is public, so we also need to assume a price per share and # of shares outstanding. Relevant Numbers to Calculate: 1. What is 100% of the seller's Equity worth? We need that for Goodwill and Noncontrolling Interest calculations later on. 2. What is the buyer's current stake in the seller worth? We need this to determine what the buyer's Balance Sheet looks like before the deal happens. 3. How much is the buyer's additional stake in the seller worth. We need this to calculate the cash, debt, and stock used. 4. How much is the buyer's post-transaction stake in the seller worth? We need this to calculate the Noncontrolling Interest. Step 2: Sources & Uses and Purchase Price Allocation: Largely the same as with any other deal; the only points to be careful of are: 1. Sources and Uses should be based on the stake acquired, not 100% of the seller's value… 2. But Goodwill and PPA should be based on 100% of the seller's value! Step 3: Combining the Balance Sheets: You always combine the Balance Sheets, and the other financial statements, whenever the buyer goes from a stake under 50% to a stake over 50% in the seller. The steps to doing this are nearly the same as in any other M&A deal for 100% of another company… 1. Adjust Cash – For the cash used to fund the deal, and any cash paid for transaction / financing fees. 2. Write Up Assets – Adjust PP&E, Goodwill, Other Intangibles, and Capitalized Financing Fees. 3. Adjust Debt – Reflect new debt used to fund the deal, possible refinancing of existing debt. 4. Adjust the DTLs – Typically write off existing DTL and create a new one. 5. Adjust Shareholders' Equity – Wipe out the seller's existing Shareholders' Equity and reflect any stock issued in the deal. So… what's different? Just 2 things, really: 1. Equity Investments / Associate Companies – You have to wipe this out, if it exists, because now the buyer owns over 50% of the seller and it completely consolidates the statements instead. 2. Noncontrolling Interest – You have to create one if the buyer owns above 50% but less than 100% of the seller. Simple calculation: Value of 100% of the seller's Equity Value minus the stake the buyer owns post-transaction. Step 4: What Does This Look Like Under Different Scenarios? 0% to 70% Stake: Very straightforward - the only real difference is that a Noncontrolling Interest is created, which ensures that the Balance Sheet balances. 30% to 70% Stake: A NCI is created, just as in the case above, AND the existing Equity Investment goes away. 30% to 100% Stake: No NCI is created, but the existing Equity Investment goes away. 0% to 100% Stake: No NCI is created and there is no existing Equity Investment; just a normal M&A deal then. Cash vs. Stock vs. Debt Mix: Doesn't matter for the NCI or Equity Investment or Goodwill treatment at all – only impacts the adjustments to cash, debt, and stock on both sides of the Balance Sheet. RESOURCES: http://youtube-breakingintowallstreet-com.s3.amazonaws.com/108-07-Purchase-Accounting-NCI.xlsx http://youtube-breakingintowallstreet-com.s3.amazonaws.com/108-07-Purchase-Accounting-NCI.pdf
Estimating Ending Inventory: Gross Profit Method | Intermediate Accounting | CPA Exam FAR | Chp9  p4
 
28:06
The gross profit method is used to estimate the amount of ending inventory. Its use  is not  appropriate for financial  reporting  purposes;  however,  it  can  serve  a  useful  purpose when  an  approximation  of  ending  inventory  is  needed.  Such  approximations  are  sometimes required by auditors or when inventory and inventory records are destroyed by fire or some other catastrophe. The gross profit method should never be used as a substitute for a yearly physical  inventory  unless  the  inventory  has  been  destroyed.  The  gross  profit  method  is  based  on  the assumptions that (a) the beginning inventory plus purchases equal total goods to be accounted for; (b) goods not sold must be on hand; and (c) if sales, reduced to cost, are deducted from the  sum of the opening inventory plus purchases, the result is the ending inventory.  The retail inventory method is an inventory estimation technique based upon an observable pattern between cost and sales price that exists in most retail concerns. This method  requires that a record be kept of (a) the total cost and retail of goods purchased, (b) the total cost  and retail value of the goods available for sale, and (c) the sales for the period.  16.  Basically,  the  retail  method  requires  the  computation  of  the  cost­ to­ retail  ratio  of inventory available for sale. This ratio is computed by dividing the cost of the goods available for sale by the retail value (selling price) of goods available for sale. Once the ratio is determined,  total  sales for the  period  are  deducted from the  retail  value  of  inventory  available for  sale. The resulting amount  represents ending inventory priced at retail. When this amount is multiplied by the  cost  to  retail  ratio,  an  approximation  of  the  cost  of  ending  inventory  results.  dollar-value LIFO retail method, LIFO retail method, average days to sell inventory, conventional retail inventory method, cost-of-goods-sold method, cost-to-retail ratio, designated market value, gross profit method, gross profit percentage, hedging, inventory turnover, loss method, lower limit (floor), lower-of-cost-or-market (LCM), lower-of-cost-or-net realizable value (LCNRV), lump-sum (basket) purchase, markdown, markdown cancellations, markup, markup cancellations, net realizable value (NRV), net realizable value less a normal profit margin, purchase commitments, retail inventory method, upper limit (ceiling), cpa exam
6 Advanced Accounting: Cost Method Consolidation
 
12:57
This lesson works through a post acquisition consolidation with a parent that uses the cost method of accounting for its investment in the subsidiary. For more information on this topic and other finaance topics, visit our website at www.FinanceLearningAcademy.com. (Video 6 of 20)
Views: 7457 Executive Finance
Number of Years' Purchase -  Valuation of Goodwill - Accounting of Partnership Firms (in Hindi)
 
03:36
Number of years' purchase is the number of years' for which the firm will expect to earn the same amount of profit because of the past efforts of the firm after change of ownership. Number of years' purchase is used to calculate the value of goodwill under average profit method and super profit method of valuation of goodwill. Normally, the need for valuation of goodwill arises at the time of sale of a business. But, in the context of a partnership firm it may also arise in the following circumstances: 1. Change in the profit sharing ratio amongst the existing partners; 2. Admission of new partner; 3. Retirement of a partner; 4. Death of a partner; and 5. Dissolution of a firm involving sale of business as a going concern. 6. Amalgamation of partnership firms.
Views: 5993 100Centum
Hire Purchase and Installment System Trading A/c | Financial Accounting | Mathur Sir Classes
 
23:16
Hire Purchase and Installment System Trading A/c | Financial Accounting | Mathur Sir Classes #MathurSirClasses #StudyMaterial If you like this video and wish to support this EDUCATION channel, please contribute via, * Paytm a/c : 9830489610 * Paypal a/c : www.paypal.me/mathursirclasses [Every contribution is helpful] Thanks & All the Best WE NEED YOUR SUPPORT TO GROW UP..SO HELP US!! Hope you guys like this one. If you do, please hit Like!!! Please Share it with your friends! Thank You! Please SUBSCRIBE for more videos. Music - www.bensound.com Video Recording and Editing by - Gyankaksh Educational Institute (9051378712) https://www.youtube.com/channel/UCFzUEzxnRDsbWIA5rnappwQ
Views: 4936 Mathur Sir Classes
Acquisition Method Tax Issues DTA's DTL's NOL Goodwill Accounting For Business Consolidation
 
09:23
Using the acquisition method in a business combination review of tax issues envloved in an acquisition for defferrred tax assets and liabilities, net operating losses, goodwill, tax amortization and depreciation, tax values for assets and liabilities for business acquisitions structured either as taxable or non-taxable, accounting by Allen Mursau
Views: 2947 Allen Mursau
Partnership Accounting Revaluation Of Assets To Determine Goodwill (Goodwill Method)
 
08:31
Accounting for admission of a new partner into a partnership with revaluation of assets to determine goodwill (using the goodwill method), when admitting a new partner into a partnership there usually involves (1) revaluation of assets and (2) goodwill recognition (either to extising partners or to the new partner) this involves a (2-step process),step (1) recognize the write down (write up) of the existing partnerships net assets where (book value of existing partners assets +/- revaluation of assets = fair value of existing partners capital) and step (2) determine new partners (or existing partners goodwill based on new partners investment versus implied fair value of the partnership upon the new partners admission (implied fair value of the new partnership equals adjusted fair value of the existing partners capital divided by percent ownership in the new partnership by the previous partners), example shows how to record the (1) revaluation of assets with adjustments to the existing partners capital accounts (assets, existing partners capital accounts adjustments) and (2) recording the new partners investment (assets, goodwill, and capital), detailed example by Allen Mursau
Views: 14395 Allen Mursau
Partnership Accounting Admission Of New Partner (Bonus To New Partner)
 
07:42
Accounting for admission of a new partner into a partnership where the bonus is allocated (using the book value approach) to the new partner for an intangible asset the new partner brings into the partnership, to determine the bonus, (1) book value of original partners capital balance + capital invested by new partner = total capital of partnership, (2) new partners perecent of interest acquired x total partnership capital = new partners capital acquired, (3) new partners capital - new partners investment = bonus allocated to new partner, and (4) bonus that each of the existing partners transferred to the new partner = original partners profit/loss percentage (ratio) x bonus calculated, each of the existing partners capital account is reduced by the amount of bonus transferred to the new partner and the the new partners capital account includes the amount invested plus the bonus received from the existing partners, detailed example by Allen Mursau
Views: 36060 Allen Mursau
Advanced Accounting - Chapter 2 - Part 4 - Acquisition Method when Separated Books are Maintained
 
06:45
For more videos like this go to www.patrickleemsa.com. ___________________________________ NETWORK WITH ME! PATRICKLEECPA Twitter - https://twitter.com/patrickleecpa Website – https://www.patrickleecmsa.com ___________________________________________ Send a letter or send something cool about how you’re using these videos. Patrick Lee, MSA PO Box 936 Winfield, Kansas 67156 ___________________________________________ WORK WITH ME! CONTACT US: [email protected]
Views: 4025 Patrick Lee
Purchasing inventory: periodic and perpetual journal entries
 
15:27
This video explains the differences between the periodic and perpetual methods for recording the purchase, return and payment of inventory. Purchase discounts and terms are also explained. For more help with accounting, please visit my website http://AccountingInFocus.com.
Views: 10580 Kristin Ingram
Purchase Commitments | Intermediate Accounting | CPA Exam FAR | Chp 9 p 3
 
04:47
Purchase commitments represent contracts for the purchase of inventory at a specified price in a future period. If material, the details of the contract should be disclosed in a note of the  buyer’s balance sheet. If the contract price is in excess of the market price and it is expected that losses  will  occur  when  the  purchase  is  effected,  the  loss  should  be  recognized  in  the  period during which the market decline took place.  dollar-value LIFO retail method, LIFO retail method, average days to sell inventory, conventional retail inventory method, cost-of-goods-sold method, cost-to-retail ratio, designated market value, gross profit method, gross profit percentage, hedging, inventory turnover, loss method, lower limit (floor), lower-of-cost-or-market (LCM), lower-of-cost-or-net realizable value (LCNRV), lump-sum (basket) purchase, markdown, markdown cancellations, markup, markup cancellations, net realizable value (NRV), net realizable value less a normal profit margin, purchase commitments, retail inventory method, upper limit (ceiling), cpa exam
Effect of Inventory Methods on Financial Statements | Financial Accounting | CPA Exam FAR | Ch 6 P 3
 
12:07
FIFO, LIFO, Weighted average, specific identification, First in first out, Last in first out, Merchandising operation, purchase of inventory, FOB shipping, FOB destination, perpetual inventory, periodic, purchase discount, purchased invoice, discount terms, net purchased, freight in, purchase returns, purchase allowances, purchased returns and allowances, Consistency, Disclosure, Materiality, Accounting conservatism
Contingent Consideration in a Business Acquisition | Advanced Accounting | CPA Exam FAR | Ch 2 P 4
 
11:44
Contingent consideration, bargain purchase, gain, equity contingency, liability contingency Business combination, acquisition method, goodwill, 2 step test, goodwill impairment, advanced accounting, asset acquisition, stock acquisition, mergers, consolidations, acquisitions, consolidated financial statements, acquirer, acquiree, Investment in Subsidiary, statutory merger, statutory consolidation, advanced accounting, CPA exam, Takeover Premiums, Earnout, stock exchanged ratio, goodwill, normal earnings, excess earnings. estimated goodwill, offering price,

Atlanta in music rock scene
Music from harlem new york in the great depression
Ethiopian music ma new yalew abate
Murdoch electronic music society
Can country music charts