I think I finally get deferrals, which were holding me back. A deferral is the postponing of the recognition of an expense or a revenue, even though payment has already been made or received. OR A deferral is the postponing of the recognition of a. an expense until it has been incurred, even though payment has already been made (a vendor prepayment) or b. a revenue until it has been earned, even though payment has already been received (a customer prepayment)
Thank you Mr. Bruce for making such nice video... This is the video , I was looking , very nice explanation by Mr. Bruce. Would be nice if you can sent that Flow Diagram.
Thanks Bruce. Will it be possible to get the e copy or slide for the diagram? I am really hoping you have not deleted it since this video is dated 13th Oct 2017 lol. Thanks. Awaiting your response in vain..
Oh ye of little faith! I Julz. I'm looking for that now. Can you send me a quick email to bdmcpa@outlook.com --- and I'll reply with the files. Thanks! Bruce
+manouchehr karimian Thanks for the compliment! This is the only video that I put on UA-cam dealing with this topic. There are some other basic accounting concepts covered (for example, inventory cost flow assumptions). Best wishes to you.
+Lynn Trucks-Burton Hi Lynn. Certainly -- I'll gladly send you the whole lecture. I think I did the diagram either in Exel or Visio. Either way, I'll send what I have. Pls. send a quick email to me at bdmcpa@outlook.com and I'll reply with the files. Best wishes! Bruce.
This is Simply Excellent !!! It is very easy to understand these concepts with your charts and examples...
I think I finally get deferrals, which were holding me back.
A deferral is the postponing of the recognition of an expense or a revenue, even though payment has already been made or received.
OR
A deferral is the postponing of the recognition of
a. an expense until it has been incurred, even though payment has already been made (a vendor prepayment)
or
b. a revenue until it has been earned, even though payment has already been received (a customer prepayment)
Thank you Mr. Bruce for making such nice video...
This is the video , I was looking , very nice explanation by Mr. Bruce. Would be nice if you can sent that Flow Diagram.
It was a very clear and detailed explanation - thank you so much!
+MrEwdochuk You're most welcome, and I appreciate your kind words. Best wishes to you. Bruce
Excellent explanation, Thank you !
The best explanation!!
great lecture... exactly what I needed!!
this actually helped out a lot! thanks!
Thanks, Great review
Thanks Bruce. Will it be possible to get the e copy or slide for the diagram? I am really hoping you have not deleted it since this video is dated 13th Oct 2017 lol. Thanks. Awaiting your response in vain..
Oh ye of little faith! I Julz. I'm looking for that now. Can you send me a quick email to bdmcpa@outlook.com --- and I'll reply with the files. Thanks! Bruce
Julz --- of course. Sorry I just looked at this. Please send me an email to bdmcpa@outlook.com
YOUR VIDEO IS REALLY HELPFUL, IS THERE COMPLETE VIDEO PLEASE
+manouchehr karimian Thanks for the compliment! This is the only video that I put on UA-cam dealing with this topic. There are some other basic accounting concepts covered (for example, inventory cost flow assumptions). Best wishes to you.
this lecture video just helped me. thank youuu
Hi Kate, and you're most welcome. Best wishes to you.
Is it possible to get a copy of this flow diagram?
+Lynn Trucks-Burton Hi Lynn. Certainly -- I'll gladly send you the whole lecture. I think I did the diagram either in Exel or Visio. Either way, I'll send what I have. Pls. send a quick email to me at bdmcpa@outlook.com and I'll reply with the files. Best wishes! Bruce.
thank you! helped me a lot!!!!!!!! :)
Perfect
Sir great Lecture need help
Thanks