I am an online grad student and I am having a hard time understanding a lot of my textbook content. I am so glad I found your channel. You made this completely clear. Great teacher!
thank you for all your videos, in each of the topics I saw, you were always the best reference in terms of explaining and depth of information and making it easy to comprehend
This is verrrrrrry helpful. I would like to learn more about how to adjust operating lease in the balance sheet, income statement and cash flow. Especially on the relationship between interest expense change, depreciation expense and lease repayment by function
Guys be careful. In 2021 operation leases are no longer (off balance sheet) you have to report both type of leases regardless for the type in the balance sheet as an asset and a liability. The rules have changed.
Just what I was wondering! Are they both recoded the same as the video demonstrated? Assets and debits both increase by the present value of the lease payment...
I get that IFRS is almost always capital/finance lease w/ the exception of short-term leases or small dollar value which are then classified as operating, but what about if it's classified under ASPE?
Does this concept still apply under the new accounting standards or is the operating lease recoded on the balance sheet just like the capital lease now?
hi, thank you for this wonderful tutorial, but haven't the rules changed in 2019? the lease amount has to appear in the balance sheet right? can you please let me know how they are treated in the statements in the present rules. thank you
capital budgeting is a VIP chapter in my course on my site and paid to access......if you end up wanting to purchase it, please contact me. My contact details are on the site
I know this video is from 2017 but for anyone seeing this in 2022, the "off-balance" aspect for operating leases has changed. Refer to this investopedia article for more details: www.investopedia.com/terms/c/capitallease.asp . Otherwise, this video is great!
The best explanation of leases I have ever seen! Thank you!
that's correct. Thanks bro AllThingsMathematics
Not only is he fit but he speaks so much sense, what a great vid thank you
thanks :)
the most clear and concise explanation I have ever seen of this
I am an online grad student and I am having a hard time understanding a lot of my textbook content. I am so glad I found your channel. You made this completely clear. Great teacher!
The best explanation of leases, to the point and zero confusion. Thanks a ton!!
I am form.. india
I loved your explaining way.. just keep it up.. ,it's very helpful
Very lucid .Cleared all of my doubts .Thank you.
From India.
Thank you for this explicit demonstration on this video. It's much cleared now.
thank you for all your videos, in each of the topics I saw, you were always the best reference in terms of explaining and depth of information and making it easy to comprehend
You made this so clear & I love the recap you added at the end. 👍
This is verrrrrrry helpful. I would like to learn more about how to adjust operating lease in the balance sheet, income statement and cash flow. Especially on the relationship between interest expense change, depreciation expense and lease repayment by function
Explained it very nicely ..it can easily understandable. Thank you
Thank you for helping me to understand. Very good explanation!!
happy to help!
Great video! Best lease video on youtube. Do you have videos on both leases' journal entries? would love to see these, thank you.
This was a great explanation and easy to follow! Thank you!
This is the best video about this topic.
Thanks
Guys be careful. In 2021 operation leases are no longer (off balance sheet) you have to report both type of leases regardless for the type in the balance sheet as an asset and a liability. The rules have changed.
Just what I was wondering! Are they both recoded the same as the video demonstrated? Assets and debits both increase by the present value of the lease payment...
@@serenamarshall1506 Yes
Great video. If possible, could you please cover lease of spaces and building?
Very good and explanatory explanation !!
Hey can you update this video to reflect the changes to how leases are accounted for on the balance sheet
GREAT Video! Very very clear explanation. Everyone do focus on the fact that the criteria for capital lease can change as per new rules/laws.
Excellent explanation of a complicated topic, Thank you so much
do a Vedio on lease based on US GAAP as it applies currently
we depreciate the asset right ? is the usage amortization correct here ?
This video cleared my all concept..... great, keep it up
Thank you so much, this has been very easy to understand.
Great explanations! Cleared up my confusion. Thank you.
The best god damn explanation of this topic hands down. Thank you.
I get that IFRS is almost always capital/finance lease w/ the exception of short-term leases or small dollar value which are then classified as operating, but what about if it's classified under ASPE?
Does this concept still apply under the new accounting standards or is the operating lease recoded on the balance sheet just like the capital lease now?
IFRS 16 was introduced in 2019 and now you have to recognise a "right-of-use asset" and a lease liability.
Great video, your explanation is clear!
hi, thank you for this wonderful tutorial, but haven't the rules changed in 2019? the lease amount has to appear in the balance sheet right? can you please let me know how they are treated in the statements in the present rules. thank you
Excellent video
Very helpful. Thank you!
Which chapter is Capital Budgeting? Can’t find it. Can anyone help?
capital budgeting is a VIP chapter in my course on my site and paid to access......if you end up wanting to purchase it, please contact me. My contact details are on the site
Excellent video!
thanks :)
Very clear explanation. Thanks a lot !
IFRS made new changes, is this still current information?
Great video very well explaind
what About the depreciation part? is it applicable to cApitaL lease
Great explanation man, thank you million times.
you're far better than my instructor. Thank YOU! :)
Is it in BEC part of CPA
you should be an English teacher cause you speak so fluently. ❤
thats nice of you thanks :)
Very clear explanation....Thank you very much
So thank teacher, your attention is much appreciated
Great to understand some of the confusions regarding this topic... really helpful lecture
Good video! Keep it up!
Super bro please make 2020 lease video you example are super keep going bro
Wow amazing, i can see the sky now
Thank you so much! I love your explanations!
Amazing content! You're helping me through Core 1 haha.
Nice explanation
very useful video !!!
amazing explanation!! Thank you:)
Best explanation! Thank you!
thanks. best explanation, even better than google
I found it very interesting.Thank you very much.
Great explanation. Thank you so much!
This is fantastic
a great explanation on the topic! thanks so much!
thanks :)
I think he is a genius
love this
Glad to hear that :)
Great stuff 👍
讲的非常详细！！！！！太棒了！！！！！！！！
yo... good job. impressed. subscribed.
Very Clear
Thanks - great tutorial
Great video!
Thank you so much! You really helped me out here
thanks so much.
It’s really helpful.
great vid
Thanks :)
I LOVED it!
Loved this video
Gracias t amo
de nada :)
Superb..loved the video...thanks for making it so easy
Good video
Wow. Thanks
That was Gooooooooood!!
awsome
this is useful
Very helpful!!!!!!! B
THANKS
King
thank you:)
nice
ok excuse me hottie
I know this video is from 2017 but for anyone seeing this in 2022, the "off-balance" aspect for operating leases has changed. Refer to this investopedia article for more details: www.investopedia.com/terms/c/capitallease.asp . Otherwise, this video is great!
Great explanation! Thank you!