Best finacial Accounting lecturer around world since 1992.

Splendid dear. I don't know how to thank you🎉

I’ve struggled with FI even when I wrote SBR, I’m very thankful to Ben Wilson who recommended this channel for my AAA exam because I’ve never been more clear about a concept that’s confused me for such a long time! Thank you Tom, this video is extremely helpful for m AAA March 24 preparation 🙏🙏🙏

@tomclendonaccasbronlinelec7226

4 ай бұрын

Thats good pf Ben - and I am glad that you are now better informed

Very helpful 😊

I am giving AAA and this video was immensely helpful as a refresher. Got a lot of memory back thanks to this.

@tomclendonaccasbronlinelec7226

7 ай бұрын

Thats great to know.... maybe I should be doing Ben Wilson's job

Brilliantly explained thank you Tom

Great explanation Tom. In the convertible loan note scenario - what happens to the equity kicker if the scenario results in settlement of a liability? Would the initial credit to equity be reclassified to retained earnings?

Thank you Tom! Great video!

@tomclendonaccasbronlinelec7226

4 ай бұрын

A pleasure - glad it helps

Thank you, sir, so helpful video, you made easy one of the trickiest topic in SBR.

@tomclendonaccasbronlinelec7226

8 ай бұрын

Thank you - so glad it helps

great video Tom. thank you

@tomclendonaccasbronlinelec7226

8 ай бұрын

Thank you Fiona - I am glad you found it useful

great resource, thank you so much!! :)

@tomclendonaccasbronlinelec7226

4 ай бұрын

A pleasure

Exercise to equity holding on convertible loans...first place equity credited at amount of balancing figure right? So I expects to the net off 10k less figur posted at first hand at the end of 2nd year??

That was really good! Thank you!

@tomclendonaccasbronlinelec7226

8 ай бұрын

So pleased you enjoyed it !!

@abukimwero6821

8 ай бұрын

Very good and clear explanation. Thx so much

👏

11:45 actually when you pay dvd the share price go down in the same proportion of the dvd paid.

@tomclendonaccasbronlinelec7226

2 ай бұрын

This is not a rule - share prices will vary for maany reasons

@Luca_Bo77

2 ай бұрын

@@tomclendonaccasbronlinelec7226 In fund accounting it is a rule.

What would be the treatment of Equity of $867 initially recognized? At the time of redemption, the entry is not capturing this value of $867 estimated as the difference between amount received of $10,000 vs estimated financial liability of $9133. Thanks in advance!

@tomclendonaccasbronlinelec7226

Ай бұрын

The 867 is initially recognised in equity - Other Components of Equity. At the time of redemption the liability has grown to $10,000. The 867 remains in equity whether the liability is de-recognised by the payment of cash or the issue of shares