Thank you for creating this lecture series! I've found my Financial Accounting III textbook to be confusing and your videos help clarify the content I've read.
@AccountingLectures
3 жыл бұрын
Most welcome. Please subscribe and share. If you want to access more resources, check my website: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: Mansour.farhat@gmail.com
@nibrasfadhil9260
2 ай бұрын
i watched the lecture today and i really enjoy it , simple and direct .. thank you very much
@AccountingLectures
2 ай бұрын
Most welcome. Please check my website for more. Start your free trial : farhatlectures.com/
@trixyeagles3190
5 жыл бұрын
Omg. I found this channel. Hopes this will help me. Imma watch this in next days. I'm having a hard time in Forex topic.
@AccountingLectures
5 жыл бұрын
You are welcome from Philadelphia, USA. Please subscribe and share the channel on social media. Please connect with me: Instagram: instagram.com/farhatlectures/ LinkedIn: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures
@mdmonowar7339
4 жыл бұрын
There are several components to how to profit binary options quickly . A resource I found which successfully combines these is the Trevs Exchange Tactics (google it if you're interested) definately the no.1 treatment that I have ever heard of. Look at the interesting information .
@winilemamakhe7377
2 жыл бұрын
Am in South Africa 🇿🇦 but am grateful 🙏 for your existence
@AccountingLectures
2 жыл бұрын
Most welcome. Please visit my website for more resources farhatlectures.com/
@levlev4460
2 жыл бұрын
Thank you so much I have exams today and I'm struggling with foriegn currency this helps a lot
@AccountingLectures
2 жыл бұрын
I am glad. Please connect with me: linktr.ee/farhatlectures
@original3351
4 жыл бұрын
Thank you for sharing such a valuable channel. Your presentation was great, clearly understood well summarised and very helpful.👍
@AccountingLectures
4 жыл бұрын
You are most welcome. Please subscribe and share. If you want to access more resources, check my website: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: Mansour.farhat@gmail.com
@abeehamakhi5148
4 жыл бұрын
Thank you so much sir. You have no idea how much this helped. The eay u explained it was PERFECT. THANK YOU. Keep making more vids
@AccountingLectures
4 жыл бұрын
You are most welcome. Please subscribe and share. If you want to access more resources, check my website: farhatlectures.com/ Connect with me: Instagram Account: instagram.com/farhatlectures/ Linkedin: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures Twitter: twitter.com/farhatlectures
@lilisanei
5 жыл бұрын
I wish I knew about your lecturers before I wasted my money on Becker. Thanks so much for being so generous in explaining all the details!
@AccountingLectures
5 жыл бұрын
HI L S, Have you considered Yaeger? www.yaegercpareview.com/ kzitem.info/news/bejne/zYmIrKGmmn5hpW0 Please subscribe and share the website on your social media and connect with me on Facebook and LinkedIn: website: www.farhatlectures.com Facebook: facebook.com/accountinglectures/ LinkedIn: www.linkedin.com/in/mansour-farhat-cpa-cia-cfe-macc-245342
@BAEESCOPE2010
5 жыл бұрын
BECKER Study Material is good but the videos on FAR are horrible. They only tell you to highlight stuff which they might as well done while printing the textbook. Becker assumes you know all about FAR so does not bother to explain in depth at all.
@soothyoursoul633
4 жыл бұрын
That's a good lecture sir. Better than my text books. Much love all the way from Kenya. Subscribed definitely 👍
@AccountingLectures
4 жыл бұрын
You are most welcome. Please subscribe and share. If you want to access more resources, check my website: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: Mansour.farhat@gmail.com
@Chavez94565
9 ай бұрын
Thanks for the video!! According to Becker these translations gains or losses are unrealized. So I am a bit confused if these would go under OCI or Net Income?
@TeppeiIsobe
Ай бұрын
The change in payable/receivable due to fx does not go to the income statement under USGAAP. it should be booked as an unrealized gain/loss in OCI.
@danielleharpster3389
3 жыл бұрын
Farhat realized gains
@robernabamboo
3 жыл бұрын
Thank you. Much better explanation than my lecturer
@AccountingLectures
3 жыл бұрын
Most welcome. Please subscribe and share. If you want to access more resources, check my website: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: Mansour.farhat@gmail.com
@sonjitroy4987
5 жыл бұрын
Nice video. The transaction gain or loss at reporting date December 31 is unrealized . So I am confused whether FC gain or loss at reporting date should be shown in net income or OCI.
@Chavez94565
9 ай бұрын
Right, in Becker's textbook it states that these translations would be unrealized. Therefore, I believe these gains and losses would be under OCI? 😕
@jubayerahmedyean
3 жыл бұрын
Your lessons are very helpful, i wish i could learn from you in person!
@AccountingLectures
3 жыл бұрын
Most welcome. Here's all my courses: farhatlectures.pathwright.com/library/
@jonathanwieler8863
2 жыл бұрын
Thank you for another excellent video!
@AccountingLectures
2 жыл бұрын
Thanks for watching! Please connect with me: linktr.ee/farhatlectures
@harisakm6209
4 жыл бұрын
Very helpful video thank you u sirr
@AccountingLectures
4 жыл бұрын
You are most welcome. Please subscribe and share. If you want to access more resources, check my website: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: Mansour.farhat@gmail.com
@NocteVertunumGaming
5 жыл бұрын
Thanks, I learned a lot sir. Student from Philippines😄
@AccountingLectures
5 жыл бұрын
You are welcome. Please subscribe and share the channel on social media. Please connect with me: Instagram: instagram.com/farhatlectures/ LinkedIn: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures
@sabreenmehar3861
5 жыл бұрын
Thank you so much sir , you make it easy to understand
@AccountingLectures
5 жыл бұрын
You are most welcome. Please subscribe and share. If you want to access more resources, check my website: farhatlectures.pathwright.com/library/ Connect with me: Instagram Account: instagram.com/farhatlectures/ Linkedin: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures Twitter: twitter.com/farhatlectures Email: Mansour.farhat@gmail.com
@bhattdolly89
2 жыл бұрын
Dear Sir, do you have any currency swaps (derivative video)? With accounting joural?
@AccountingLectures
2 жыл бұрын
Did you check my website?
@saverykong2149
2 жыл бұрын
Great explaining!
@AccountingLectures
Жыл бұрын
Glad it was helpful! Thank You. For more, visit my website at: www.farhatlectures.com
@MaySan802
Жыл бұрын
Dear sir, thank you so much for your lecture. Could you please share us unrealized gain and loss lecture. 🙏🙏🙏
@aliqureshi9966
4 жыл бұрын
Hi, do your videos/lectures apply to Canadian students as well? Thanks a lot.
@AccountingLectures
4 жыл бұрын
Most topics do. You are most welcome. Please subscribe and share. If you want to access more resources, check my website: farhatlectures.pathwright.com Connect with me: Instagram Account: instagram.com/farhatlectures/ Linkedin: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures Twitter: twitter.com/farhatlectures Email: Mansour.farhat@gmail.com
@itishripareek9694
2 жыл бұрын
Firstly Thanks for all, sir is there any point in IFRS that i missed plz confirm - How long we can retain records ??
@kealebogaleburu5887
4 жыл бұрын
Thanx very informative
@AccountingLectures
4 жыл бұрын
You are most welcome. Please subscribe and share. If you want to access more resources, check my website: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: Mansour.farhat@gmail.com
@jeffnichols3513
4 жыл бұрын
What part of the income statement does the gain or loss appear? Other income or losses, cost of goods sold, sales revenues?
@jubayerahmedyean
3 жыл бұрын
Thanks sir
@shannanthompson6875
4 жыл бұрын
Hi, we have a GST Account due to Canadian dollar. The transactions are simlair to sales tax. Would this account be subject to gains and losses as well?
@sumonsingha4417
5 жыл бұрын
Hi sir, As u said in accounts receivables your home currency need to go down.... Bit confused on this... If home currencies go down then the exporter will pay less currency to acquire home currency.. Then its a total gain to exporter.. Please correct if i am wrong??
@andraparasdyah5820
5 жыл бұрын
No, exportir is company who sell commodities, so we receive payment. If local currencies are weaker, than we will receive lower money. Example, our A/R supposed to be $1000, but the exchange rate is decreasing to $900, than we loss $100, it will gain for importir but lose for exportir
@MarS-bo9dp
5 жыл бұрын
Thank you Mr. Farhats. My question is from where do we get the exchange rate? Threre is an official exchange rate dollar with other currencies? Thanks in advance.
@AccountingLectures
5 жыл бұрын
Supply and demand. You are welcome. Please subscribe and share the channel on social media. Please connect with me: Instagram: instagram.com/farhatlectures/ LinkedIn: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures
@esethungiyana1860
4 жыл бұрын
Thank you so much😊
@AccountingLectures
4 жыл бұрын
You are most welcome. Please subscribe and share. If you want to access more resources, check my website: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: Mansour.farhat@gmail.com
@Mr.IsmailAbiodunOni
Жыл бұрын
What do I do if the software automatically calculates fx revaluation gain or loss on a monthly basis?
@mjassar8603
6 жыл бұрын
Like before watch
@ruthvidal6466
5 жыл бұрын
awesome instructor..thank u
@AccountingLectures
5 жыл бұрын
you are welcome.Please subscribe and share the website on your social media and connect with me on Facebook and LinkedIn: website: www.farhatlectures.com Facebook: facebook.com/accountinglectures/ LinkedIn: www.linkedin.com/in/mansour-farhat-cpa-cia-cfe-macc-245342
@adebayokehinde2834
4 жыл бұрын
What happens when the settlement date is the same as transactions date I.e. no payable or receivables?
@ladev91
2 жыл бұрын
I'm confused, my textbook says that the transaction adjustment at the balance sheet date causes a unrealized gain/loss.
@adamasene9218
2 жыл бұрын
It is unrealized as long as the transaction does not involve cash yet. Since it is receivables, the amount you will receive will depend on the exchange rate on the date the money will be received. All gains and losses incurred in between will have to be reported on the income statement as unrealized. the gain or loss can be temporary; It is only notional for now at least
@youengland
6 жыл бұрын
Sir, can a MTM ( valuation) on a financial instruments, be done on a daily basis or only on reporting. Thanks
@AccountingLectures
6 жыл бұрын
It can be done on daily basis. But what's the purpose?Please subscribe and share the website on your social media and connect with me on Facebook and LinkedIn: website: www.farhatlectures.com Facebook: facebook.com/accountinglectures/ LinkedIn: www.linkedin.com/in/mansour-farhat-cpa-cia-cfe-macc-245342
@FaizShakirNure
7 ай бұрын
❤❤❤❤❤❤
@AccountingLectures
7 ай бұрын
Thank you and please visit the website for more farhatlectures.com/ Start your free trial!
@marryreilly6032
2 жыл бұрын
wow
@AccountingLectures
2 жыл бұрын
Most welcome: Here's my advanced accounting course: farhatlectures.pathwright.com/library/advanced-accounting-course-45909/94016/about/
@llam9876
6 жыл бұрын
May I know the transaction gain or loss in the first example is realized or unrealized gain or loss?is the $500 unrealized and $4441 is realized gain?
@AccountingLectures
6 жыл бұрын
The year-end G/L adjustment is unrealized. The settlement date transaction is realized. Please subscribe and share the website on your social media and connect with me on Facebook and LinkedIn: website: www.farhatlectures.com Facebook: facebook.com/accountinglectures/ LinkedIn: www.linkedin.com/in/mansour-farhat-cpa-cia-cfe-macc-245342
@ladev91
2 жыл бұрын
@@AccountingLectures you said that the gain/loss goes on the income statement. If it is unrealized doesn't it go on other comprehensive income. Also, if the gain is unrealized at year end, isn't the whole gain (from transaction date to settlement date) get recorded at the settlement date? You only show the gain from the balance sheet to the settlement date. I'm confused.
@swaybando3048
2 жыл бұрын
Funny how the video was made on Nov 16 and im watching 2 years later on Nov 16
@AccountingLectures
2 жыл бұрын
Enjoy. Here's all my resources: farhatlectures.pathwright.com/
@mjassar8603
5 жыл бұрын
it should be OCI not in the NI ?? this is translation gian and loss ?? am i right >>??
@AccountingLectures
5 жыл бұрын
What is "it"?
@caasifsafder3403
6 жыл бұрын
Best 👍👍👍👍
@AccountingLectures
6 жыл бұрын
Hi Asif,you are welcome. Please subscribe and share the website on your social media and connect with me on Facebook and LinkedIn: website: www.farhatlectures.com Facebook: facebook.com/accountinglectures/ LinkedIn: www.linkedin.com/in/mansour-farhat-cpa-cia-cfe-macc-245342
@xgum
4 жыл бұрын
is it me or is this chapter skippable? maybe it's my cryptocurrency trading experience...
@alkasoli4002
Жыл бұрын
I still don't understand the economy and financial world...each human does the same amount of work..but according to forex they're paid differently in different human made countries... that's the root cause of brain drain..why can't they pay equally all over the world?? In a world where basic human needs remain the same..
Пікірлер: 99