FAR Exam Earnings Per Share
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- Опубліковано 22 сер 2024
- Don't miss this opportunity to study for free with the industry's top instructor! Pulled straight from the FAR section of our CPA Review Course, this exclusive webcast features Roger Philipp, CPA, CGMA, teaching "Earnings Per Share."
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Video Transcript Sneak Peek:
Now, earnings per share is one of the most talked about numbers in the financial statements because both investors and creditors want to know, “Hey, if I invest in the company, will my stock go up in value and will I get a dividend?” Creditors want to know, “If I loan you money, will I get the principal back? Will I get the interest? What are your earnings per share?”
Perfect explanation and very easy to understand and remember. Your energy keeps us glued till the end. Very helpful, thank you.
+divya u Great to hear that the explanation was useful! Thanks for the positive feedback!
Unbelievably Amazing!!! Your way of teaching and the Illustrations are so sharp!!! that I could easily understand and get straight to my heart! Your such a blessing to the world! God Bless and More Power To you Sir Roger!!!
So happy you found our lectures helpful! Thanks for watching! :)
Thank you for uploading this video I am studying for FAR with Wiley and didn't understand and you made it so much easier. Should have went with Roger but hey this is my last exam so I hope it all works out
Glad we could help, future CPA! Make sure to come back to let us know how FAR went!
This is soooo helpful, im preparing my CFA and got confused about the eps concept, now I feel much more clear. A huge thanks for you enthusiasm and brilliant explanation.
vibrant, entertaining and to the point !!
+Sam George Thank you!
Roger, I just had to come on here and post a big Thank you! I was having a rather difficult semester so far in my intermediate accounting 2 class. My professor doesn't teach according to my learning methods, gets off topic and the class as a whole isn't doing that great. As soon as I found your videos, the material began to click right away. I feel prepared for my first exam next week and I'm looking forward to purchasing your CPA Exam Prep! Thanks again for all the great free content :)
hi there, just wanted to thank you so much! your lecture was lively and explained everything so well, I'm so grateful.
-3rd year uni student from South Africa
Thank you so much for the feedback!
had to review this lecture after going through becker review course... sooo much better, finally understood and memorized this sucker.. Thanks for posting this.. goood lecture..
Haseeb Zakaria Glad the video helped and thank you for the positive feedback!
+Md Sami Thank you!
Lets face it. Accounting is a subject drier than the Sahara, but Roger makes it so very interesting.
Thank you for clearing up Diluted Earnings per Share, a topic I found extremely challenging while studying for FAR.
Just a little correction at 33:12. The Net Income in the numberator should be $932
Thanks Taimur! We appreciate your kind words and are so glad we could be helpful in your studies. We'll also pass your feedback along to our content team. :)
Hi Taimur! We just heard back from our content team regarding your feedback, and here's what they said:
The numerator for diluted EPS in the example is $900 + $32 because you assume the preferred shares get converted to common shares and therefore we don't have to pay out the preferred dividends.
The numerator for basic EPS from the same example is $900 because net income available to common shareholders is $932 - $32, which is net income of $932 minus the $32 in preferred dividends owed to preferred shareholders.
Ahh I see. Thank you for the clarification.
best explanation of EPS! thank you
Thanks for the Video, it is so helpful !!! You really help students everywhere, not only in the states
All the way from South Africa
So happy our videos are helping you in your CPA journey! Thanks for watching! :)
very nice explanation about financial accounting,how i wish you are our prof.in financial accounting..very clear explanation and vey entertaining..i like your song..tt bpo 75 or 90..i like it...
Thanks for the kind feedback! We're so glad you enjoy our lectures and that you find them helpful!
Good review of a complex topic. Diluted EPS is also an interested item to look at.
Hi Rog: Clarification at min 9:25 if you have $900,000 / 100 shares = $9000 per share instead of $9 per share. Love you mean it! :-)
Hello! He was giving a quick example and even though he said 100, he was implying 100,000 shares. It is more likely for a company having NI of 900k would have 100k shares versus only 100 shares. Thanks for watching and thanks for your question.
Oh..... I get it now. We're talking in K's of shares versus hundreds which is indeed more likely to occur. I am starting to fall in love with this stuff. Cheers!
Glad we could help! Happy studying!
Best video out there on Earnings per Share. Just would he would have slowed down a bit for us learning this stuff.
+Rebecca McNabb thanks for your feedback! Also, within our review platform, students can now turn on closed captioning, or subtitles, to follow along with the video lectures. They can also adjust the speed of the lectures to meet their individual needs.
I love you, Roger Philipp. I really do. Thanks for sharing.
Great job Roger. I like the arrears joke.
This is the class I want to listen
you should be a proff with an accounting medal
Thank you! Great explanation and makes sense.. and kept me entertained :)
+megan osborne Great to hear! Thanks for the feedback!
What do you think about the automation in the accounting industry? Will the jobs in accounting be adversely affected?
We don't think so! If anything, we think automation in the accounting industry will actually help propel accountants forward. If automation can help take care of more remedial tasks, it will leave space for accountants to focus on more human-interfacing duties, increasing and expanding client services for the better!
@@UWorldAccounting
I would like to attempt the exam, but I did not take any courses about US Tax or US law, should I take an online course for knowledge in this area and earn some education hour credits for sitting the exam and license requirement?
So are we assuming that dividend is announced as additional shares rather than cash?
+syed ghazi Yes!
Thank you very mush Roger, you're a genius.
+Farije Arifi Thanks for the kind words!
The lecture was geat
+Meshach Barkemeni Glad you enjoyed it!
Thank you so much the explanation make it clear to me
Thanks for watching Ahmed! So glad we could clarify the topic for you!
i am so confused at 11:29. why 100x12/12?
in my textbook example, a company has 90K on 1/1, then on 4/1, it issued 30K more, so it is 120K. and so on... then it shows
1/1-4/1 90K x 3/12
4/1 - 7/1, 120K x 3/12 and so on...
but how comes in your example, on 1/1 - what? you use 100 x 12/12?
For the example used in the video, there were 100 shares issued on 1/1, or the beginning of the year which means they will not be weighted. 12/12 = 1, therefore, you will use 100 as your figure. Hope this helps and sorry for the late reply, but hopefully this response will help others who may have the same question.
i appreciate the charisma
+berrysweetfruit Good to hear! Thank you!
you are a great teacher, thx
in a rihts isu scenario..after you have calculated the basic earnngs per share in this case equals =.50 , how do you d a comparitive figure .. if in the rights issue provided an additional share for each 4 held, and required the payment of 1.50. the last cum rights share price was 2.00. basic earnings per share for previous year was 1.95. what is the adjusted comparitive eps. the answer is 1.85 but how is this calculated ?
superb lesson!
+umaid619 Thank you!
Thank you sir for free lesson :)
Lyanne Benid We have many more videos, be sure to check out our playlists!
I'll surely check it out sir ,.. I need to learn more about Accounting. :)
thank you for your lessons they are great - I am not doing CPA - I am doing CIS and the principle is the same. Please tell me where I can get the book or notes you are reading from please
pantha303 You can contact our customer care team to find out about purchasing textbooks. The link to contacting them is: www.rogercpareview.com/contact
I understand why interest expense is net of tax.. But I don't understand pref dividends are not?
Preferred dividends are an equity item. Whereas, Interest Expense is a component of Net Income which must be net of tax. Preferred dividends are also not tax deductible, but interest expense is. Hope this clears up things for you!
awosom lesson
Thanks Yong! Glad you enjoyed it!
Dr. Phillip, I am an older candidate and I need to get your materials with affordable rate. Can you help me?
Hi there Than. We're actually having a flash sale right now! You can save 25% on our Elite Course Package which comes with priority one-on-one support and UNLIMITED course access. That means your course won't expire until you're a CPA! On top of the discounted pricing, you can also apply for financing options. Learn more about the promotion here: www.rogercpareview.com/current-promo
Thank you very much. I will discuss with my wife which option to take.
good!
how much would it be if i were just to purchase the videos?
+viet doe Unfortunately, it's not possible to purchase videos only at this time.
:(
how do you keep up that energy :O
who kenw!!!!! accounting was funny!!!!!
i really regret using becker, i should have really used roger, becker is not useful and does not explain in depth
Hi there! We're glad you're finding our videos helpful and thanks for the kind words! We also offer a fresh start discount program if you're interested: www.rogercpareview.com/cpa-courses/discounts/fresh-start
Otherwise, best of luck on your CPA Exam journey! You've got this! :)