This video covers practice CPA questions that cover acquisition related cost and direct issue costs of equity, Acquisition related costs such as finder’s fee, professional fees, consulting fees and general administrative cost that are expended as incurred. Direct issue costs of equity such as underwritingac, legal, accounting, tax, securities registration reduce paid in capital. This […]

This video cover cpa questions on how to compute goodwill and bargain purchase including non controlling interest. This topic is covered in advanced accounting course. My website: https://farhatlectures.com/ Facebook page: https://www.facebook.com/accountinglectures LinkedIn: https://goo.gl/Pp2ter Twitter: https://twitter.com/farhatlectures Email Contact: [email protected]

This video cover CPA questions cover business combination such as Parent-subsidiary relationship and acquisition method. My website: https://farhatlectures.com/ Facebook page: https://www.facebook.com/accountinglectures LinkedIn: https://goo.gl/Pp2ter Twitter: https://twitter.com/farhatlectures Email Contact: [email protected]

Reporting Interfund Activity GAAP establishes two broad classes of interfund activity: Reciprocal interfund activity Nonreciprocal interfund activity Interfund activity within and among the governmental, proprietary and fiduciary fund categories is classified and reported as described below. Reciprocal Interfund Activity Reciprocal interfund activity is the interfund counterpart to exchange and exchange-like transactions and includes: Interfund loans […]

This video covers CPA questions covering fiduciary funds. A fiduciary fund is used in governmental accounting to report on assets held in trust for others. When financial statements are prepared for fiduciary funds, they are presented using the economic resources measurement focus and the accrual basis of accounting. The required financial statements for a fiduciary […]

This video cover CPA questions covering governmental accounting that discusses proprietary funds such as enterprise funds and internal service funds. My website: https://farhatlectures.com/ Facebook page: https://www.facebook.com/accountinglectures LinkedIn: https://goo.gl/Pp2ter Twitter: https://twitter.com/farhatlectures Email Contact: [email protected]

This video cover CPA questions covering governmental accounting that discusses proprietary funds such as enterprise funds and internal service funds. My website: https://farhatlectures.com/ Facebook page: https://www.facebook.com/accountinglectures LinkedIn: https://goo.gl/Pp2ter Twitter: https://twitter.com/farhatlectures Email Contact: [email protected]

My website: https://farhatlectures.com/ Facebook page: https://www.facebook.com/accountinglectures LinkedIn: https://goo.gl/Pp2ter Twitter: https://twitter.com/farhatlectures Email Contact: [email protected]

This video discusses CPA questions that cover the reporting requirements for governments funds (General Fund, Debt Service fund, Capital Project, Permeant Funds and Fiduciary Funds) and enterprise funds (proprietary funds and Internal service) as well as elements the funds such as expenditures, others financing uses, other finances sources and the terminology used for fund financial […]