How to answer CPA exam Questions Accounting for Leases
In this video, I discuss how to answer CPA exam questions that deals with accounting for leases. Farhat Lectures can you pass the CPA exam. The CPA Exam consists of four, four-hour sections. The CPA Exam protects the public interest by helping to ensure that only qualified individuals become licensed as U.S. Certified Public Check my website: fwww.farhatlectures.com
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Пікірлер: 14
you are real teacher...thank you so much
@AccountingLectures
2 жыл бұрын
Please connect with me: linktr.ee/farhatlectures
Thank you so much greatly appreciated
@AccountingLectures
2 жыл бұрын
You are so welcome. Here's all my FAR resources: farhatlectures.pathwright.com/library/?category=CPA+Exam+FAR
You made the lease term and economic life the same. This question is too easy. Try using useful life please: some questions with operating or finance leases have different useful lifes and lease terms to confuse candidates
I'm so grateful sir
@AccountingLectures
3 жыл бұрын
You are welcome. Check my website for more: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: Mansour.farhat@gmail.com
Hi Farhat Can you provide entries when the lease is split between short term (all payments in one year) and long term lease liability? Do we post the payment to ST or LT?
Thank you!
@AccountingLectures
2 жыл бұрын
You're welcome! Here's my FAR CPA exam resources: farhatlectures.pathwright.com/library/?category=CPA+Exam+FAR
When did accounting click for you?
Excellent class regarding leases, I am an AccA UK Accountant and also a lecturer but CPA Leases is a little different and this class on leases practice questions have made me an expert on CPA leases topic, Sir Farhat ur the best.slatute to u.plz can u tell me which topics in simulation questions r mostly tested as I have very good knowledge of IFRSs but not US GAAPs.Can I have ur WhatsApp no plz.
If the lease payment is fixed at 3.2mn, how come you are uncluding the interest expense into that. This is wierd.
There's some issue with the solution here.