Consolidated Financial Statements: Post Acquisition. Example. CPA exam

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  • Опубліковано 4 гру 2024

КОМЕНТАРІ • 9

  • @lynnjaby
    @lynnjaby 3 роки тому +3

    Very clear! Thanks! What will happen if the subsidiary will be dissolved (legally) next year, and the parent will absorb all the subsidiary's customers and everything?

    • @antonmursid3505
      @antonmursid3505 2 роки тому +1

      Antonmursid🙏🙏🙏🙏🙏✌👌💝🇮🇩🇮🇩🇮🇩🇮🇩🇮🇩✌👌💝

  • @koopher
    @koopher Рік тому +1

    I think since the subsidiary was just acquired it should reflect only one year of entries. "A" Should be unamortized excess values at the acquisition date. So, in step "A", there should be an increase to "unpatent" tech for $800,000, an increase in patent technology for $250,000, and an increase in the loan of 100,000. Then in entry "E" you recognize the amortization of $100,000, $250,000, and ($20,000) respectively. In this problem, unpatent tech is already $700,000 then reduced to $600,000 after entry "E".

  • @velepijere516
    @velepijere516 Рік тому +1

    Thank you just trying to understand goodwill

    • @AccountingLectures
      @AccountingLectures  Рік тому

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

  • @L4252
    @L4252 Місяць тому +1

    thank you very much pro Farhat.👍
    Who can help me and clarify that Why 2250,000 BV additional =2500,000(yr 2021)-250,000(yr 2020), very confused at this calculation😭Please explain this for me, really appreciated.❤

  • @anisurrahman8203
    @anisurrahman8203 2 роки тому +2

    Do you have an excel file to exercise for the exam?

  • @sonerguney3225
    @sonerguney3225 Рік тому

    Can we have the Excel version to download?

  • @sima556
    @sima556 2 роки тому +2

    Hi, thank you for sharing. Is it possible if you can share this excel file with us? Thankyou :)