No video

How (& When) To Consolidate Financial Statements

  Рет қаралды 77,545

The Financial Controller

The Financial Controller

Күн бұрын

Пікірлер: 86
@greenlightstudios3816
@greenlightstudios3816 Ай бұрын
Your material is better at teaching this subject than actual college professors. Glad you made this.
@TheFinancialController
@TheFinancialController Ай бұрын
Wow, thanks!
@rudyrivera4392
@rudyrivera4392 Ай бұрын
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
@jessyliu1745
@jessyliu1745 2 жыл бұрын
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!
@TheFinancialController
@TheFinancialController 2 жыл бұрын
Good idea ok
@paulacesana8439
@paulacesana8439 2 жыл бұрын
I am accountant too and I would like to watch a video about that as well! 👍🏼👏🏼
@cassandrajenkins699
@cassandrajenkins699 10 ай бұрын
I'm interested in this topic. Did you make a video on this topic?
@shawnmohamed9886
@shawnmohamed9886 2 жыл бұрын
I'm an accounting student. These type of videos are super helpful! Thank you!
@mattsarff2793
@mattsarff2793 2 жыл бұрын
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.
@TheFinancialController
@TheFinancialController 2 жыл бұрын
Thanks brother
@eliezeraryapranata5055
@eliezeraryapranata5055 2 жыл бұрын
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?
@Khunsafarrukh-tf5lc
@Khunsafarrukh-tf5lc Ай бұрын
i love u bill hanna ur pro of consolidated financial atatements
@Tekevin
@Tekevin 5 ай бұрын
Hi, do you have one for income statement?
@capenterjojo3373
@capenterjojo3373 2 ай бұрын
Wow finally understood the theory
@tonythomas6702
@tonythomas6702 5 ай бұрын
Superb.. simply explained a complex accounting process which would accountants think as rocket science.
@TheFinancialController
@TheFinancialController 5 ай бұрын
Glad you liked it
@jawidkhair6668
@jawidkhair6668 2 ай бұрын
The best video ever!!! You should make a CPA course since you make it so simple. THANK YOU
@TheFinancialController
@TheFinancialController 2 ай бұрын
Great suggestion!
@neatlymessed6341
@neatlymessed6341 2 жыл бұрын
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
@arsingh9411
@arsingh9411 2 жыл бұрын
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
@TheFinancialController
@TheFinancialController 2 жыл бұрын
Haha thanks for watching
@poodleseigien
@poodleseigien 2 жыл бұрын
Please do more videos like this!
@unaliu8504
@unaliu8504 3 ай бұрын
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 ?
@TheFinancialController
@TheFinancialController 3 ай бұрын
Hi. I have an online course on controllership on my website
@unaliu8504
@unaliu8504 3 ай бұрын
@@TheFinancialController thanks for you reply. May I ask your website link ?
@user-em9tb2ob9c
@user-em9tb2ob9c 3 күн бұрын
Thanks!
@ashfaqhussain5328
@ashfaqhussain5328 Жыл бұрын
Thanks for the awesome video. please make video on more intercompany detailed topics
@TheFinancialController
@TheFinancialController Жыл бұрын
Sure I will
@dwitidesai
@dwitidesai Жыл бұрын
Can you share some links to go through or books for consolidation to understand the concepts better for a company of 100+ subsidiary
@DreamFirms
@DreamFirms 2 жыл бұрын
I appreciate your effort making this content! Very helpful!
@radhadevan1768
@radhadevan1768 Жыл бұрын
You created your own destiny! Aww!! Love your t-shirt bro!
@tusharmirani5773
@tusharmirani5773 2 жыл бұрын
Wow...this is very nice. Looking forward for more such knowledgeable videos! Very helpful.
@narasimhacg1
@narasimhacg1 Жыл бұрын
Excellent I am from India, love watching all your videos❤
@TheFinancialController
@TheFinancialController Жыл бұрын
Awesome! Thank you!
@maddys.r760
@maddys.r760 2 жыл бұрын
The parent recorded 2k in there asset where ,is it recorded in subsidiary?
@AhMauy
@AhMauy 4 ай бұрын
Thank you so much, Bill! Very helpful!
@TheFinancialController
@TheFinancialController 4 ай бұрын
So glad!
@marilufraga9575
@marilufraga9575 2 жыл бұрын
Thank you so much! It is a very helpful video.
@AbdullahiAbdirahmanAli
@AbdullahiAbdirahmanAli Жыл бұрын
thank you as always, very easy to understand, very detailed and very helpful.
@TheFinancialController
@TheFinancialController Жыл бұрын
You are welcome!
@jyotisharma9313
@jyotisharma9313 2 жыл бұрын
most useful videos to revise quickly.....
@eobdramaclips992
@eobdramaclips992 2 жыл бұрын
That's great. We hope for more videos like this.
@mokubunshinnojutsu
@mokubunshinnojutsu Жыл бұрын
Thanks for the video, it helps me to understand better
@TheFinancialController
@TheFinancialController Жыл бұрын
Glad to hear that!
@M3Monica
@M3Monica 5 ай бұрын
You say retained earnings in a plug. Is it not just the combined RE less the investment and capital elimination?
@vascogamero530
@vascogamero530 2 ай бұрын
Thank you boss
@SuperacionMasculina24
@SuperacionMasculina24 2 жыл бұрын
Your content is gold bro, thanks
@mubarakgaracad2950
@mubarakgaracad2950 2 жыл бұрын
Thanks bill ..Your videos is very helpful Keep itup
@clutchlaughs9179
@clutchlaughs9179 2 жыл бұрын
Thank you for all the videos. I majored in accounting should I master in accounting or business administration
@ahmedfarah623
@ahmedfarah623 2 жыл бұрын
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
@jeremyjones8128
@jeremyjones8128 Жыл бұрын
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.
@yinyin7614
@yinyin7614 2 жыл бұрын
Thanks. Again a Wonderful video.
@jonathanrviews5081
@jonathanrviews5081 2 жыл бұрын
Love your videos man! Props 🤩
@Ahmed8012k
@Ahmed8012k 4 ай бұрын
Perfect
@fouadhassan1378
@fouadhassan1378 2 жыл бұрын
Nice video bill , l like your way to describe accounting
@fouadhassan1378
@fouadhassan1378 2 жыл бұрын
If you can make video for goodwill
@sherinefahmy3114
@sherinefahmy3114 2 жыл бұрын
Thank you so so much ❤️❤️❤️
@esthermuiruri104
@esthermuiruri104 2 жыл бұрын
Always impactful ... 👏
@heisenberg7049
@heisenberg7049 2 жыл бұрын
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
@TheFinancialController
@TheFinancialController 2 жыл бұрын
Coming soon!
@tamiratchirato1815
@tamiratchirato1815 Жыл бұрын
Tanks for previous
@tracyliu2497
@tracyliu2497 2 жыл бұрын
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:)
@jeycee6807
@jeycee6807 2 жыл бұрын
Love you sir Bill ❤️❤️
@ayny1529
@ayny1529 Жыл бұрын
Thank you!!!
@lamiaaitbouskri278
@lamiaaitbouskri278 2 жыл бұрын
Thank you . U r Great
@arslantahir1708
@arslantahir1708 2 жыл бұрын
Please upload video with goodwill example
@mohamadnfaiz
@mohamadnfaiz 16 күн бұрын
Do u have consolidated profit and loss video?
@TheFinancialController
@TheFinancialController 16 күн бұрын
in the near future
@siennahope6100
@siennahope6100 2 жыл бұрын
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.
@tamiratchirato1815
@tamiratchirato1815 Жыл бұрын
How to prepare combined financial statement please show me
@Yo_Kelz
@Yo_Kelz Жыл бұрын
THANK YOU!!!
@teaganshaw5340
@teaganshaw5340 2 жыл бұрын
so helpful!!!
@hectoraguilar9438
@hectoraguilar9438 Жыл бұрын
Is this different from finance? I need to study finance way for exams and finals.
@nirmalm7165
@nirmalm7165 2 жыл бұрын
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?
@user-gs3ro4dq8y
@user-gs3ro4dq8y Жыл бұрын
I have my exam tomorrow 😂, start prep at the last moment.
@thangavelr8178
@thangavelr8178 2 жыл бұрын
Hi, am from India, your videos are excellent and very useful. Could you able to take the topics of IFRS 9 , 15 and 16
@IsabelleChatterton
@IsabelleChatterton 5 ай бұрын
Is this IFRS?
@nadirbaig156
@nadirbaig156 Жыл бұрын
I want to learn depresation methods.different methods.
@johnnybravo8510
@johnnybravo8510 2 ай бұрын
Significant influence is greater than 25% but less than 50% ownership and controlling influence is greater than 50% ownership, right?
@TheFinancialController
@TheFinancialController 2 ай бұрын
An investor has significant influence but not control of the investee if the investor holds between 20% and 50%. Controller typically is over 50%
@shibbirahmedkhan6626
@shibbirahmedkhan6626 2 жыл бұрын
Please make more videos
@rangapriyadarshana6355
@rangapriyadarshana6355 2 жыл бұрын
Hello sir 😁 sir how to become a Ceo? steps by steps, experience , entry positions. please Tell me 💚
@Antagonistfc
@Antagonistfc 2 жыл бұрын
What kind of laptop should I get for school I'm considering the new MacBook or Microsoft surface 7?
@ronniejrolavario8374
@ronniejrolavario8374 2 жыл бұрын
How about if there's Minority Interest?
@TheFinancialController
@TheFinancialController 2 жыл бұрын
Then you would book a non current liability for the % of book value owned by other investors
@nicksonmusunzuru5823
@nicksonmusunzuru5823 6 ай бұрын
Still waiting for the next video
Should I leave Public Accounting after ONE year?
8:21
The Financial Controller
Рет қаралды 10 М.
Schoolboy Runaway в реальной жизни🤣@onLI_gAmeS
00:31
МишАня
Рет қаралды 3,4 МЛН
ОБЯЗАТЕЛЬНО СОВЕРШАЙТЕ ДОБРО!❤❤❤
00:45
КАКУЮ ДВЕРЬ ВЫБРАТЬ? 😂 #Shorts
00:45
НУБАСТЕР
Рет қаралды 3,3 МЛН
ISSEI & yellow girl 💛
00:33
ISSEI / いっせい
Рет қаралды 22 МЛН
Journal Entries Hacks 🧐. Two Methods to NEVER forget Debits and Credits
15:55
The Financial Controller
Рет қаралды 146 М.
5 Accounting Adjustments From Easy to Insane 😵‍💫
14:42
The Financial Controller
Рет қаралды 10 М.
Am I wasting time spending 4+ years in Public Accounting?
15:08
The Financial Controller
Рет қаралды 17 М.
Business Combinations | Goodwill Impairment | IFRS 10 | IFRS 3 | Consolidated Financial Statements
37:43
Farhat Lectures. The # 1 CPA & Accounting Courses
Рет қаралды 50 М.
Consolidated Financial Statements.  Explained + Example CPA exam
32:49
Farhat Lectures. The # 1 CPA & Accounting Courses
Рет қаралды 14 М.
US GAAP Principles Mapped To The Balance Sheet Accounts. Fully Explained!
18:13
The Financial Controller
Рет қаралды 71 М.
The Truth About Debt CONsolidation
5:32
The Ramsey Show Highlights
Рет қаралды 207 М.
Example: How To Consolidate
10:47
Silvia of CPDbox
Рет қаралды 295 М.
Schoolboy Runaway в реальной жизни🤣@onLI_gAmeS
00:31
МишАня
Рет қаралды 3,4 МЛН