Fictitious Assets

Lecture 1 Fictitious assets
Caption: Fictitious assets are intangible assets that represent benefits or rights but have no physical existence or realizable value. Examples include prepaid expenses, deferred revenue, goodwill, and patents. While they don't impact cash flow, they affect financial statements and a company's valuation. Accuracy in reporting and disclosure is crucial to avoid legal and financial consequences.
Keywords: Fictitious assets, intangible assets, physical existence, realizable value, prepaid expenses, deferred revenue, goodwill, patents, financial statements, company valuation, accuracy, reporting, disclosure, legal consequences, financial consequences.
LECTURE 1 FICTITIOUS ASSETS
• Fictitious Assets
LECTURE 2 SHARE MARKET
• SHARE MARKET
LECTURE 3 DEPRECIATION::DEPLETION::AMORTIZATION::CONCEPT
• DEPRECIATION::DEPLETIO...
LECTURE 4 ACCOUNTING TERMS
• Accounting Terms II Ni...
LECTURE 5 RULES OF DEBIT AND CREDIT
• Rules of Debit and Credit
LECTURE 6 OUTSTANDING EXPENSE
• Outstanding Expense
LECTURE 7 OUTSTANDING INCOME
• Outstanding Income
LECTURE 8 PREPAID EXPENSE
• Prepaid Expense
LECTURE 9 UNEARNED INCOME
• Unearned Income
Accounting MCQs Video 1 : • MCQs Accounting and Fi...
Accounting MCQs Video 2: • MCQ Accounting and Fin...
OTHER LINKS
Income Tax:: Previous Year and Assessment Year
• Income Tax:: What is P...
Income Tax:: Residential Status
• Residential Status
Non Cash Expense
• NON CASH EXPENSE
Personal Financial Planning
• Personal Financial Pla...
Net Worth Calculation
• How to Calculate Net W...
HAPPY SALESMAN
• HAPPY SALESMAN::Fun Fact
WHY NOT TO TAKE LIFE INSURANCE
• Why Not To Take Life I...
REVENUE VS CAPITAL ITEMS
• Difference between Cap...
POWER OF COMPOUNDING
• Power of Compounding i...
TRIAL BALANCE AND BALANCE SHEET
• Difference Between Tri...
OPPORTUNITY COST
• OPPORTUNITY COST DEFIN...
PROPERTY FRAUD::ASSURED RETURN TRAP
• Property Fraud::Assure...
WHAT IS SUNK COST:एक साधू की कहानी:::IRRELEVANT COST
• Sunk Cost
CASH FLOW STATEMENT
• CASH FLOW STATEMENT::P...
PRELIMINARY EXPENSES
• What are Priliminary E...
VALUATION OF GOODWILL
• Goodwill Valuation Met...
OVERHEADS
• Overheads:: Cost Accou...
NON PERFORMING ASSETS
• Non Performing Assets
RULE OF 72
• Rule 72
TOP 10 INVESTMETS 2018
• TOP 10 Investments Com...
FINANCIAL MANAGEMENT BASICS
• Financial Management D...
HAWALA
• Hawala
PARALLEL ECONOMY
• What is Parallel Econo...
DIFFERENT TAX STRUCTURES
• DIFFERENT TAX STRUCTURES
GROSS WORKING CAPITAL
• GROSS WORKING CAPITAL ...
WHAT IS PROVISION
• WHAT ARE PROVISIONS::A...
PARTNERSHIP FUNDAMENTALS
• PROFIT AND LOSS APPROP...
DEPRECIATION::DEPLETION::AMORTIZATION
• DEPRECIATION::DEPLETIO...
HOW SHARE MARKET WORKS: FUNNY
• SHARE MARKET
FICTITIOUS ASSETS
• Fictitious Assets
RATIO ANALYSIS IN 5 LESSONS
• Ratio Analysis in 5 Le...
RULES OF DEBIT AND CREDIT
• Lesson 4:: Rules of De...

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[@SandeepKaur-hl3kz]

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[@Tannu.Mehendi_Designs-786]

Thank you sir for video on fictitious assets.
I Understand about these assets🙂🙂🙂🙂

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Thanks sir for your kind explanation about fictitious assets

[@nitingoel]

Thanks dear Satyam for kind feedback. Please share with groups and friends to supprt the chanmel to grow and I get more opportunity to teach like this. 👍👍😊😊

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Kindly upload vidoe on difference between Consortium and syndication ....Thank you

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[@shilpavishwakarma6020]

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I understood about fictitious assets.

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Hi

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[@studyondav]

Sir pls reply agar Shareholders Fund 5000 hai Balance sheet me or fictitious assets 1000 hai toh wo shareholders fund 4000 hoga bhale hi balnce sheet me 5000 dikh rha ho????

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[@hritiksharma1046]

thanku sir

[@iftikharesa6311]

Please lecture on deferred income and deferred expenses and dual effect

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[@nitingoel]

Thanks for kind feedback. Please share among your friends and groups to support the channel to grow 👍👍

[@vivekkc1065]

Hello sir...just watched the video ... kindly tell me how come we add an expenditure on to asset side... won't it spoil the credibility of the Balance sheet... actually I am pursuing my second career in Banking ...was in technical field before

[@hustle824]

👍💯

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Nice Explanation..,Sir

[@nitingoel]

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[@anshchaudhary3424]

Valuable

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[@bangalibabu4007]

Fictitious assets were written off against reserve. Iska journal entry kiya hoga.. please help me

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👌🏻

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[@sureshshaw9555]

Sir, As per sec 53 of the companies act 2013 share can not be issued on discount

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[@studyondav]

Balance sheet me ye less hota hai ya nahi sir

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[@sanjeevbodra6284]

Thanks q

[@smartringtones1582]

Which one is the fictitious assets ?

[@skyexch4107]

deffrered revanue expnditre kya hai

[@adityaande7175]

Sir video me mujhe galat lga...
Jab hum value of shares nikalte hai tab fisticious assets nhi lete hai n

[@ompalchauhan7542]

Uttarakhand assistant accountant ki prepration karwa do exam Oct nov. Me hai.💐

[@sribat23]

Sir what ia liquid assets?

[@sarikayadavv]

Loss assets hote hai Kya sir

[@lalanarumalgarg8112]

Loss on redemption toh promotional expense nhi hai kyonki ye last me hota hai

[@nitingoel]

Yes ye last mei hota hai. But the purpose is again to encourage new investors. Loss means you pay more .. 😊

[@brainyage9840]

Sir u said losses, cant we say expenses instead for promotional activities.