Hi Tom, this video and all of your other free content really helped me pass SBR in June, I unfortunately didnt study with you properly as bought a different course before I found out about you, I’m very grateful to you for posting the free content, SBR as hard as it is, was made enjoyable to learn thanks so much!
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 🙏🙏🙏
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?
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??
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!
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
Best finacial Accounting lecturer around world since 1992.
Splendid dear. I don't know how to thank you🎉
thank you for this brilliant lecture!
Thank you - your comment is much appreciated
Hi Tom, this video and all of your other free content really helped me pass SBR in June, I unfortunately didnt study with you properly as bought a different course before I found out about you, I’m very grateful to you for posting the free content, SBR as hard as it is, was made enjoyable to learn thanks so much!
Thank you Chris - kind words - please spread the word........
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 🙏🙏🙏
Thats good pf Ben - and I am glad that you are now better informed
I am giving AAA and this video was immensely helpful as a refresher. Got a lot of memory back thanks to this.
Thats great to know.... maybe I should be doing Ben Wilson's job
Thank you Tom! Great video!
A pleasure - glad it helps
great resource, thank you so much!! :)
A pleasure
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, sir, so helpful video, you made easy one of the trickiest topic in SBR.
Thank you - so glad it helps
great video Tom. thank you
Thank you Fiona - I am glad you found it useful
Very helpful 😊
That was really good! Thank you!
So pleased you enjoyed it !!
Very good and clear explanation. Thx so much
Brilliantly explained thank you Tom
Thank you Chris
👏
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??
11:45 actually when you pay dvd the share price go down in the same proportion of the dvd paid.
This is not a rule - share prices will vary for maany reasons
@@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!
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