Thanks a lot for simplifying complex thing to so simple. You are doing great work by spreading education to large section at free which is your mission. Thanks again.
Awesome, been studying accounting and finance on my own coming from an engineering background, sometimes i find it a bit difficult to get up to speed but your videos do help me a lot, best
It would have been great if you could have given episode number for all the videos on the lease for example. It is confusing to understand the order of videos. Thanks
CZcams is sometimes difficult to navigate. I created a website that I think is much easier to navigate through the material. Here's the Intermediate Accounting Index: www.edspira.com/intermediate-accounting-index/. There's a chapter on leases.
Thank you! Would you be able to do a video for creating the schedule and example of first and last JE's? Your videos are great! It's amazing the lack of examples out there. I guess everyone is pushing their software for this.
So how would revalue the lease liability after the second payment? Would it just be the carrying value of the lease using the current PVAD or would you use a different PVAD to calculate a new present value for the remaining lease? For example, it was initially a lease of 5 years at 8% with quarterly payments and you were subleasing after year 1. Would the carrying value after the 4th payment be the liability or would it now be a PVAD of n=16 I=2.0%?
I was going to say, don't you need to reduce n years by 1 from 4 to 3 years for a 2.8286 (3% for 3 years using PV table) for advanced payments, but after doing the math, I still got $34901.65 in the end .. Wtf
Thanks a lot for simplifying complex thing to so simple. You are doing great work by spreading education to large section at free which is your mission. Thanks again.
Awesome, been studying accounting and finance on my own coming from an engineering background, sometimes i find it a bit difficult to get up to speed but your videos do help me a lot, best
Glad it was helpful!
Can I say I love you. Best teacher ever.
It would have been great if you could have given episode number for all the videos on the lease for example. It is confusing to understand the order of videos. Thanks
CZcams is sometimes difficult to navigate. I created a website that I think is much easier to navigate through the material. Here's the Intermediate Accounting Index: www.edspira.com/intermediate-accounting-index/. There's a chapter on leases.
beautifully explained, thank you! you have a new subscriber
Thank you, this was very clearly explained
Thank you! Would you be able to do a video for creating the schedule and example of first and last JE's? Your videos are great! It's amazing the lack of examples out there. I guess everyone is pushing their software for this.
Stay tuned, I will post several example videos this week!
@@Edspira Awesome thank you!
Essentially in the PV formula
FV is equivalent to the final lease payment in both cases
I want to know the mathematical formula for calculating PV or PMT
You are the best! Thank you!
Glad it helped!
Excellent !! Thank you
Thank you
You're welcome!
Could you tell me how to solve this problem if I use a BAII plus financial calculator?
So how would revalue the lease liability after the second payment? Would it just be the carrying value of the lease using the current PVAD or would you use a different PVAD to calculate a new present value for the remaining lease? For example, it was initially a lease of 5 years at 8% with quarterly payments and you were subleasing after year 1. Would the carrying value after the 4th payment be the liability or would it now be a PVAD of n=16 I=2.0%?
what if they dont give an interest rate?
I can't see 😢
I was going to say, don't you need to reduce n years by 1 from 4 to 3 years for a 2.8286 (3% for 3 years using PV table) for advanced payments, but after doing the math, I still got $34901.65 in the end .. Wtf