A 10-minute Edspira video contains more information and clearer instruction than 2 hours of lecture. Accounting professors need to watch your content to learn how to explain accounting concepts to their students.

@justinpaucar6816

2 жыл бұрын

The current professor I have reads off PowerPoints and barely touches on the right places where she means for us look.

@elenabottiglieri

2 ай бұрын

definitely

Just read 47 pages og pp presentation in Intermediate Acctg 2 and was confused. 10 minutes with Edspira and crystal clear. Thank you Michael! You are an inspiration for all of us..

Thank You, The Wiley's textbook explanation of this subject was so confusing.

@Edspira

6 жыл бұрын

No problem. This is a very difficult subject, so I'm glad the video was helpful. Take Care!

@africarib

5 жыл бұрын

EXACTLY why I'm here

@ziyinhuang6532

3 жыл бұрын

wiley TT，so hard to understand why deduct why add back

@Corbenik2nd

3 жыл бұрын

@@Edspira Thanks Professor! Your videos are always my go-to when my lecturers' explanations are too confusing.

Spent 1 hour looking at various explanations online and this is THE MOST helpful one so far! Great job!! Thank you!!!

Thank you so much, I wish I watched this before hours and hours of not understanding the textbook or the professor's lectures. I'm so relieved, lifesaver!

Deferred Tax explanations are confusing everywhere in books and internet. You have just cracked it. The best explanation ever!

First of all thank you Dr. McLaughlin for your awesome videos. They have helped me a lot through out my accounting classes. I see in your videos that you calculate ITE by multiplying the pretax income with the tax rate but our current book never calculates ITE and only finds that number as “plug” after calculating ITP and DTA/DTL.

I was so scared for my mid-term tomorrow because this is by far the hardest chapter I've learned. You helped me understand it sooo much better!

amazing again. wish i could hire you as my tutor! i wish my teacher could just be as simple as this, you're always so much easier to understand.

Thank you very much for this video Sir. I was totally lost and confused about DTA. Your explanations are to the point, crystal clear and understandable.

Gosh Becker made it so confusing. Im relieved after watching your lectures. Thank you and keep up the good works

In 8 minutes, you have done what a $200 textbook and a professor could not do, which is to simply lay out the damn concept. Seems so easy now. Thank You!

This topic made absolutely no sense when I was reading the textbook. This video broke it down so succinctly. Thank youuu

The best explanation of deferred tax assets I've ever seen. Great job.

Holy shit, I freaking get it! I was struggling to understand this in class and you just help me figure it out just like that! Thank you so much!

Best DTA explanation I ever heard . Congrats .

@Edspira

6 жыл бұрын

Awesome! I'm glad this video helped you.

Yes, I love how you setup the table, makes it easy to complete journal entries. 👍

Thank God for Edspira! I got totally confused (and backwards) by this issue until you straightened out my thinking!

@Edspira

3 жыл бұрын

No problem my friend!

You my friend deserve an academic honor award! This stuff is gold!

@Edspira

6 жыл бұрын

Thanks Swapnil!

Thank you so much for this video. The teaching style is ingenious wisdom.

Thanks alot man, you made my day ! I was hell stuck with something and your vedio fixed the issue. Much appreciated 🙏

I’m in love with all your videos... very well explained and crystal clear explanations... just amazing…

@Edspira

6 жыл бұрын

Thanks Chaitra!

thank you so much! you made it so much easier to understand...as always with all your videos.

A simple way to learn the DTA Concept. Thank you Professor.

@Edspira

3 жыл бұрын

No problem!

Thank you very much, Sir. Your explanation is so much easier and clearer than my teacher's. I was so confused when he tried so hard to explain in the classroom.

@Edspira

2 жыл бұрын

Glad it helped!

This guy is a gift from above

Harvard Business Publishing materials just....... oh well, your video saved my life, i can graduate tomorrow

Once again your video has saved my life lol

My college owes you half of my tuition. Thank you so much for making these videos.

@Edspira

2 жыл бұрын

Thank you for such kind words!

Awesome Video! Thanks it helped me get a grasp on the concept.

Thank you. It's so much clearer now.

I know this video is old but I wish you have a chapter by chapter coverage of the Wiley book. Sometimes Farhat is great but a lot of times your clarification on the concept is much clearer. Really appreciate you. Saves me a lot of time wading through everything in the book.

@Edspira

2 жыл бұрын

To which book are you referring?

@enriquebn4853

2 жыл бұрын

@@Edspira My school uses Kieso Weygandt and Warfield Intermediate Accounting Wiley. I'm on the 15th edition but I'm sure there are newer ones out by now as I've seen quite a bit of change. Farhat follows the book and has playlists but a lot of times I find myself searching for your lectures when I struggle. You have some of them. It's hit or miss. It's a breath of fresh air when I do find it because I need a different angle.

@campbellblk7484

6 ай бұрын

@@enriquebn4853 I'm using that now with a newer addition. The book doesn't help me with the wiley homework as much but thanks to these videos I understand it better. At least I got a tutor to help me with the homework.

Great explanation! I got more clear with answer I want. Many thanks.

@Edspira

2 жыл бұрын

Happy to help!

Thanks, well explained. But I am wondering if their accounting is on an accrual basis, do they have to consider the prepaid rent received as an income, rather than shown it in the next year when the income is actually incurred and realized.

U always come through when I’m stuck with cpa

@Edspira

6 жыл бұрын

Glad to be of help my friend!

Edspira always blessing us with his boss words.

@Edspira

Жыл бұрын

Thanks for subscribing, and best of luck in your studies!

Simply and comprehensively explained. Appreciate it.

@Edspira

Жыл бұрын

Glad it was helpful!

OMG MANY THANKS! NOW I UNDERSTAND THIS CONCEPT

@Edspira

2 жыл бұрын

Excellent!

how do you account for permanent book difference when trying to find tax expense? Do you add that back to your taxable income?

Really loved the video explanation.

Excellent explanation. Thanks a lot for uploading this!

@Edspira

3 жыл бұрын

You're very welcome!

So for DTA we add the pre tax income and excess of tax over book to get taxable income but for DTL we subtract to get to get taxable income?

I can't thank you enough for this. Really clear and effective communication.

Thank you so much for super clear explanation in the world!!

@Edspira

3 жыл бұрын

Glad it was helpful!

I really thank this video. Very clear and supportive to me.

@Edspira

2 жыл бұрын

Glad to hear that!

I'm having trouble visualizing this in a balance sheet and how the accounting formula would stay balanced.

Concise and clear!

Good video. Very clear! Thx a lot

Easy to explain. Thanks!

best explanation ever!

Can someone please help me out, I assumed pre-tax book income is what we call the tax-free threshold (the amount of income you don't have to pay tax on?) which I don't think is right ? thanks!

Very well explained. Thank you.

@Edspira

6 жыл бұрын

Thank you for the kind words!

You should get all your videos up on khan academy as well.

Very clear explanation, Thanks a lot!

@Edspira

6 жыл бұрын

Happy to help. Thanks for watching!

amazing vid explain very well!

sorry, how did u calculate the 15 k figures

Can someone please help me I'm still a bit lost. If the Tax Expense is 80, the amount we actually paid but we have to pay 100 (Tax Payable) then we paid 20 to little and we still owe 20, how is it then a Asset and not a Liability if we still owe 20 ?

Thank you so much!

thank u sir ur a life saver

Do u also help with CPA exams?

Well explained

Wow you're amazing!

@Edspira

2 жыл бұрын

Thank you! 😊

thank you so much

Thank you

Damn I wish my professor explained it as clearly as you

thank you

Excellent

James Austria, I think it is great video

@Edspira

7 жыл бұрын

Thanks!

Brilliant

hello, life saver :)

@Edspira

7 жыл бұрын

Hello :)

Bless you

@Edspira

6 жыл бұрын

Thank you!

where did the $15,000 pre book income come from?

@arthurchen510

2 жыл бұрын

36,000 Book Revenue - 21,000 operating expenses = 15,000 pre tax book income. You're welcome.

Hi your videos are really helpfull....... Please help me for passing my CMA part 1 xam on feb..... On the topic LOWER OF COST OR MARKET topic....kindly...

@Edspira

5 жыл бұрын

I have 2 videos on lower of cost or market. The first one is an explanation, and the second video is an example.kzread.info/dash/bejne/gqKftqhvgpWsZ9o.html kzread.info/dash/bejne/gYCitsGsdbjWgZM.html Best of luck on the CMA!

Clutch.

Bless

so zero????

Change the background colour.

I’m 25 and I can’t f’ing figure this out by myself. I’m so dumb

did you give credit to Khan Academy for stealing this video?

@Edspira

5 жыл бұрын

This is totally original content. Khan Academy does not cover corporate tax.

@yussufhussein8971

4 жыл бұрын

You shouldn’t have dignified that nonsense question with a response Dr. McLaughlin.