Hi, as an accounting professional, I really enjoy watching all your videos! They are super helpful! Another topic that I personally would like to know more about is foreign exchange rates and cumulative transaction adjustments (CTA). Once again, thank you for making these videos!
Thank you, I am a current CPA candidate and this was an area that I am struggling with. Elimination entries are the hardest part for me but an overall explanation of consolidations is super helpful.
Hi Bill, it's a simple yet very helpful video to understand about consolidation process in balance sheet. So, can you make another video about consolidation for income statement and comprehensive income?
I think this video is clear, simple, easy to understand. Lecturer presents really well. Do you have any Udemy course or online course that I can purchase to learn consolidated FS under IFRS systematically ?
thanks man! this takes me back to my days when i was doing my professional accounting studies and i hated group accounting at first. but then i realised it was super fun
Hi Bill, Great video! Thank you for this information but i have a few scenarios whether Inter-company eliminations would happen or not - 1. Between Parent company and subsidiary company with 20 percent ownership 2. Between Parent company and subsidiary company with 50 percent ownership 3. Between two subsidiary companies with 20 percent ownership 4. Between two subsidiary companies with 50 percent ownership 5. Between two subsidiary companies, one with 50 percent ownership and other one with 20 percent ownership
Hey Bill, great vid as always! I'm interested in becoming a controller and I know you made videos on the path to Controller/CFO at large/small companies but could you also make a video on the path to Chief Accounting Officer? That is a job that I don't hear much about and would like to learn more
Hi, Thanks for your lesson, can you pls also talk about more complex consolidations such as the intra group sales transactions , inter group loan transactions as well as if the the subsidiary got the goodwill ... Thanks:)
Hi . It it compulsory to do CPA to become accountant or controller. Or msc Finance and accounting or MIM in accounting and finance is enough to become controller or an accountant?
i m from somalia and prepared ACCA when i prepared financial statement consolidation takes group what is difference between and your ledger.steps that i have done is group structure
Is your notes specifically for public company? because if it's a private company, if the company owns more than 50% of the subsidary and demonstrate sig. influence, the parent company gets to choose from these 3 methods.
As a CPA you literally gave about 34% of my paid for education away for free. Bless you for that, future financeers will benefit from your service bro
Your material is better at teaching this subject than actual college professors. Glad you made this.
Wow, thanks!
Hi, as an accounting professional, I really enjoy watching all your videos! They are super helpful! Another topic that I personally would like to know more about is foreign exchange rates and cumulative transaction adjustments (CTA). Once again, thank you for making these videos!
Good idea ok
I am accountant too and I would like to watch a video about that as well! 👍🏼👏🏼
I'm interested in this topic. Did you make a video on this topic?
I'm an accounting student. These type of videos are super helpful! Thank you!
Thank you, I am a current CPA candidate and this was an area that I am struggling with. Elimination entries are the hardest part for me but an overall explanation of consolidations is super helpful.
Thanks brother
Hi Bill, it's a simple yet very helpful video to understand about consolidation process in balance sheet. So, can you make another video about consolidation for income statement and comprehensive income?
The best video ever!!! You should make a CPA course since you make it so simple. THANK YOU
Great suggestion!
Superb.. simply explained a complex accounting process which would accountants think as rocket science.
Glad you liked it
I think this video is clear, simple, easy to understand. Lecturer presents really well. Do you have any Udemy course or online course that I can purchase to learn consolidated FS under IFRS systematically ?
Hi. I have an online course on controllership on my website
@@TheFinancialController thanks for you reply. May I ask your website link ?
I appreciate your effort making this content! Very helpful!
Wow...this is very nice. Looking forward for more such knowledgeable videos! Very helpful.
Thanks for the video
How we trate the income tax in the consolidated Financials?
While the subsidary has its tax.
thanks man! this takes me back to my days when i was doing my professional accounting studies and i hated group accounting at first. but then i realised it was super fun
Haha thanks for watching
Hi Bill, Great video! Thank you for this information but i have a few scenarios whether Inter-company eliminations would happen or not -
1. Between Parent company and subsidiary company with 20 percent ownership
2. Between Parent company and subsidiary company with 50 percent ownership
3. Between two subsidiary companies with 20 percent ownership
4. Between two subsidiary companies with 50 percent ownership
5. Between two subsidiary companies, one with 50 percent ownership and other one with 20 percent ownership
Hi, do you have one for income statement?
Thank you for all the videos. I majored in accounting should I master in accounting or business administration
You created your own destiny! Aww!! Love your t-shirt bro!
Thank you so much! It is a very helpful video.
most useful videos to revise quickly.....
Excellent I am from India, love watching all your videos❤
Awesome! Thank you!
thank you as always, very easy to understand, very detailed and very helpful.
You are welcome!
Your content is gold bro, thanks
Can you share some links to go through or books for consolidation to understand the concepts better for a company of 100+ subsidiary
Thanks for the awesome video. please make video on more intercompany detailed topics
Sure I will
Thanks for the video, it helps me to understand better
Glad to hear that!
i love u bill hanna ur pro of consolidated financial atatements
Thank you so much, Bill! Very helpful!
So glad!
Please do more videos like this!
Wow finally understood the theory
Thanks bill ..Your videos is very helpful
Keep itup
That's great. We hope for more videos like this.
Thanks!
Hey Bill, great vid as always! I'm interested in becoming a controller and I know you made videos on the path to Controller/CFO at large/small companies but could you also make a video on the path to Chief Accounting Officer? That is a job that I don't hear much about and would like to learn more
Coming soon!
How did you get the 5,100 at the very end. An how does that number correlate to the initial consolidation before you did the one year after statement.
Thanks. Again a Wonderful video.
Love your videos man! Props 🤩
You say retained earnings in a plug. Is it not just the combined RE less the investment and capital elimination?
Thank you boss
Tanks for previous
Hi, Thanks for your lesson, can you pls also talk about more complex consolidations such as the intra group sales transactions , inter group loan transactions as well as if the the subsidiary got the goodwill ...
Thanks:)
Nice video bill , l like your way to describe accounting
If you can make video for goodwill
Hi . It it compulsory to do CPA to become accountant or controller. Or msc Finance and accounting or MIM in accounting and finance is enough to become controller or an accountant?
Thank you!!!
Thank you so so much ❤️❤️❤️
i m from somalia and prepared ACCA when i prepared financial statement consolidation takes group what is difference between and your ledger.steps that i have done is group structure
Hi, am from India, your videos are excellent and very useful. Could you able to take the topics of IFRS 9 , 15 and 16
Is this different from finance? I need to study finance way for exams and finals.
Perfect
Always impactful ... 👏
Do u have consolidated profit and loss video?
in the near future
so helpful!!!
Is your notes specifically for public company? because if it's a private company, if the company owns more than 50% of the subsidary and demonstrate sig. influence, the parent company gets to choose from these 3 methods.
Love you sir Bill ❤️❤️
The parent recorded 2k in there asset where ,is it recorded in subsidiary?
Please upload video with goodwill example
What kind of laptop should I get for school I'm considering the new MacBook or Microsoft surface 7?
How to prepare combined financial statement please show me
Significant influence is greater than 25% but less than 50% ownership and controlling influence is greater than 50% ownership, right?
An investor has significant influence but not control of the investee if the investor holds between 20% and 50%. Controller typically is over 50%
Hello sir 😁 sir how to become a Ceo? steps by steps, experience , entry positions. please Tell me 💚
I have my exam tomorrow 😂, start prep at the last moment.
I want to learn depresation methods.different methods.
Please make more videos
How about if there's Minority Interest?
Then you would book a non current liability for the % of book value owned by other investors
EPIC
Is this IFRS?
The International Financial Reporting Standards. Mainly used in the USA
equity and shared capital are not separate thing
Still waiting for the next video
All CPAs come here for the exam preparations.
Thank you . U r Great
THANK YOU!!!