Search results “Ppa price purchase allocation”
Goodwill and Purchase Price Allocation
Net Identifiable Assets (NIA) consists of the assets acquired from a company whose value can be measured at a given point of time and its future benefit to the company is recognizable. NIA is used for Purchase Price Allocation (PPA) and the calculation of Goodwill in Mergers and Acquisitions (M&A). Click here to learn more about this topic: https://corporatefinanceinstitute.com/resources/knowledge/valuation/net-identifiable-assets/
What is PURCHASE PRICE ALLOCATION? What does PURCHASE PRICE ALLOCATION mean? PURCHASE PRICE ALLOCATION definition - PURCHASE PRICE ALLOCATION explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ Purchase price allocation (PPA) is an application of goodwill accounting whereby one company (the acquirer), when purchasing a second company (the target), allocates the purchase price into various assets and liabilities acquired from the transaction. In the United States, the process of conducting a PPA is typically conducted in accordance with the Financial Accounting Standards Board's ("FASB") Statement of Financial Accounting Standards No. 141 (revised 2007) “Business Combinations” (“SFAS 141r”) and SFAS 142 “Goodwill and Other Intangible Assets” (“SFAS 142”). Effective for financial statements issued for interim and annual periods ending after September 15, 2009, the FASB "Accounting Standards Codification" ("ASC") reorganizes the FASB statements and represents a single authoritative source of U.S. accounting and reporting standards for nongovernmental entities. The set of guidelines prescribed by SFAS 141r are generally found in ASC Topic 805. Outside the United States, the International Accounting Standards Board governs the process through the issuance of IFRS 3. Purchase price allocations are performed in conformity with the purchase method of merger and acquisition accounting. In the United States, a second method (known as the pooling or pooling-of-interests method) was discontinued after the issuance of the Statement of Financial Accounting Standards No. 141 “Business Combinations” (“SFAS 141”) and SFAS 142. Example: A company wishes to acquire a particular target company for a variety of reasons. After much negotiation, a purchase price of $30B is agreed upon by both sides. As of the acquisition date, the target company reported net identifiable assets of $8B on its own balance sheet. Before the target company can complete the acquisition, the target must appraise the assets and liabilities being acquired to determine their Fair Value ("FV") -- the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The acquirer hires an appraisal firm (typically an external accounting firm or a valuation advisor) who reports that the FV of the net assets is $24B. The difference between the $8 and $24 is $16B in write-up -- the values of the net identifiable assets are in effect increased to 3 times the value reported on the original balance sheet. The difference between the $24B and $30B is $6B in goodwill acquired through the transaction—the excess of the purchase price paid over the FV of the net identifiable assets acquired. Finally, the acquirer adds both the value of the written-up assets ($24B) as well as the goodwill ($6B) onto the balance sheet, for a total of $30B in new net assets on the acquirer's balance sheet. Collectively, the process of conducting the appraisal, reporting the FV of the assets and liabilities, the allocation of the net identifiable assets from the old balance sheet price to the FV, and the determination of the goodwill in the transaction, is referred to as the PPA process. Note that a purchase price may be less than the target's balance sheet value for a variety of reasons, which can lend itself to a write-down of net assets. The process of valuing goodwill, while a component of the PPA process, is governed through goodwill accounting.
Views: 2291 The Audiopedia
Purchase Accounting for Noncontrolling Interests AKA Minority Interests
In this video, you’ll learn how to complete the purchase price allocation and Balance Sheet combination process when a buyer acquires between 50% and 100% of a seller, and how it’s different when the buyer’s stake goes from, say, 30% to 70%, compared to when it goes from 0% to 70%. By http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" Table of Contents: 3:31 Step 1: Transaction Assumptions 6:38 Step 2: Sources & Uses and Purchase Price Allocation 10:42 Step 3: Combining the Balance Sheets 16:57 Step 4: What Does This Look Like Under Different Scenarios? 20:11 Recap and Summary Step 1: Transaction Assumptions: Need to assume a certain existing stake, and then an additional stake acquired such that the total post-transaction stake ends up being between 50% and 100%. Assuming here that the target is public, so we also need to assume a price per share and # of shares outstanding. Relevant Numbers to Calculate: 1. What is 100% of the seller's Equity worth? We need that for Goodwill and Noncontrolling Interest calculations later on. 2. What is the buyer's current stake in the seller worth? We need this to determine what the buyer's Balance Sheet looks like before the deal happens. 3. How much is the buyer's additional stake in the seller worth. We need this to calculate the cash, debt, and stock used. 4. How much is the buyer's post-transaction stake in the seller worth? We need this to calculate the Noncontrolling Interest. Step 2: Sources & Uses and Purchase Price Allocation: Largely the same as with any other deal; the only points to be careful of are: 1. Sources and Uses should be based on the stake acquired, not 100% of the seller's value… 2. But Goodwill and PPA should be based on 100% of the seller's value! Step 3: Combining the Balance Sheets: You always combine the Balance Sheets, and the other financial statements, whenever the buyer goes from a stake under 50% to a stake over 50% in the seller. The steps to doing this are nearly the same as in any other M&A deal for 100% of another company… 1. Adjust Cash – For the cash used to fund the deal, and any cash paid for transaction / financing fees. 2. Write Up Assets – Adjust PP&E, Goodwill, Other Intangibles, and Capitalized Financing Fees. 3. Adjust Debt – Reflect new debt used to fund the deal, possible refinancing of existing debt. 4. Adjust the DTLs – Typically write off existing DTL and create a new one. 5. Adjust Shareholders' Equity – Wipe out the seller's existing Shareholders' Equity and reflect any stock issued in the deal. So… what's different? Just 2 things, really: 1. Equity Investments / Associate Companies – You have to wipe this out, if it exists, because now the buyer owns over 50% of the seller and it completely consolidates the statements instead. 2. Noncontrolling Interest – You have to create one if the buyer owns above 50% but less than 100% of the seller. Simple calculation: Value of 100% of the seller's Equity Value minus the stake the buyer owns post-transaction. Step 4: What Does This Look Like Under Different Scenarios? 0% to 70% Stake: Very straightforward - the only real difference is that a Noncontrolling Interest is created, which ensures that the Balance Sheet balances. 30% to 70% Stake: A NCI is created, just as in the case above, AND the existing Equity Investment goes away. 30% to 100% Stake: No NCI is created, but the existing Equity Investment goes away. 0% to 100% Stake: No NCI is created and there is no existing Equity Investment; just a normal M&A deal then. Cash vs. Stock vs. Debt Mix: Doesn't matter for the NCI or Equity Investment or Goodwill treatment at all – only impacts the adjustments to cash, debt, and stock on both sides of the Balance Sheet. RESOURCES: http://youtube-breakingintowallstreet-com.s3.amazonaws.com/108-07-Purchase-Accounting-NCI.xlsx http://youtube-breakingintowallstreet-com.s3.amazonaws.com/108-07-Purchase-Accounting-NCI.pdf
Purchase Price Allocation Section of Merger Model
Purchase Price Allocation Section of Merger Model
Views: 2465 Terry Tate
Purchase price allocation
Purchase price allocation is an application of goodwill accounting whereby one company, when purchasing a second company, allocates the purchase price into various assets and liabilities acquired from the transaction. In the United States, the process of conducting a PPA is typically conducted in accordance with the Financial Accounting Standards Board's Statement of Financial Accounting Standards No. 141 “Business Combinations” and SFAS 142 “Goodwill and Other Intangible Assets”. Effective for financial statements issued for interim and annual periods ending after September 15, 2009, the FASB "Accounting Standards Codification" reorganizes the FASB statements and represents a single authoritative source of U.S. accounting and reporting standards for nongovernmental entities. The set of guidelines prescribed by SFAS 141r are generally found in ASC Topic 805. Outside the United States, the International Accounting Standards Board governs the process through the issuance of IFRS 3. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 2873 Audiopedia
Why Deferred Tax Liabilities Get Created in an M&A Deal
Why Do Deferred Tax Liabilities Matter? They're part of any M&A deal. By http://breakingintowallstreet.com/biws/ You'll find you always see them in the purchase price allocation schedule, and they impact the combined company's taxes after the deal takes place. You see them all the time, especially for highly acquisitive companies like Oracle. They reflect the fact that there are TIMING differences between when a company records taxes on its publicly filed Income Statement and when it actually pays those taxes. Specifically, when a buyer writes up the seller's PP&E or Other Intangible Assets in a deal, the buyer depreciates or amortizes them over time... but only on the BOOK version of its statements! It can't do that on the TAX version of its statements it files when paying taxes to the government, which means that the actual amount of cash taxes it pays will be different from what's on its Income Statement. Here's the Easiest Way to Think About DTLs: Instead of thinking about the company's historical situation or its taxable income, think about its FUTURE TAXES. If future cash taxes exceed future book taxes, a DTL will be created. We need to pay ADDITIONAL taxes for items that are not truly tax-deductible. If future cash taxes are less than future book taxes, a DTA will be created. We will pay LESS in taxes than the company's book Income Statement implies. As the book and cash tax payments equalize over time, the DTL or DTA goes away. Two Most Common Questions on DTLs: "Wait a minute - why does a DTL get created immediately? Isn't it caused by the book and cash taxes being different many times historically?" Nope, not necessarily - that CAN be a cause, but DTLs/DTAs can also be created by events that change the company's FUTURE tax situation. So you need to think about how taxes will change in the future, not how they've changed in the past, to determine this. "Wait a minute, the taxable income for book purposes is LOWER than it is for tax purposes - doesn't that create a Deferred Tax ASSET (DTA) instead?" Nope. The relevant question is not how the taxable income differs, but how the FUTURE TAXES will differ. If the company will pay more in cash taxes than book taxes in the FUTURE, as a result of these write-ups, or any other changes, then a DTL gets created.
P.P.A. : Unit 1-Lecture 1
Here the students of DBRAU, Agra are taught about the origin and basic features of C-Language. They are also taught the flow of a program execution in C.
Views: 646 Varun Modi
IFRS 3 Business Combinations - Summary
http://www.ifrsbox.com This is the short summary of IFRS 3 Business Combinations. The objective of IFRS 3 is to improve the relevance, reliability and comparability of the information that a reporting entity provides in its financial statements about a business combination and its effects. IFRS 3: • Recognizes and measures the identifiable assets acquired, the liabilities assumed and any non-controlling interest in the acquiree; • Recognizes and measures the goodwill acquired in the business combination, or a gain from a bargain purchase; • Determines what information to disclose about the business combination. An investment must constitute a business before we can apply IFRS 3. IFRS 3 requires application of the acquisition method for each business combination. 4 steps: • Step 1: Identifying the acquirer, • Step 2: Determining the acquisition date, • Step 3: Recognizing and measuring the identifiable assets acquired, the liabilities assumed and any non-controlling interest in the acquiree; • Step 4: Recognizing and measuring goodwill or a gain from a bargain purchase. If you’d like to learn how to consolidate, or anything about IFRS in general, please visit http://www.ifrsbox.com and subscribe to our free IFRS mini-course. Thank you!
Views: 111225 Silvia M. (of IFRSbox)
לשכת מעריכי השווי והאקטוארים הפיננסיים בישראל (IAVFA) - ייחוס עלות הרכישה (PPA)
הקצאת מחיר הרכישה (PPA) – הלכה למעשה, פרופ' יורם עדן בכנס ההשקה שנערך ב- 9/9/2015 במכון מופ"ת בקמפוס מכללת לוינסקי. לשכת מעריכי השווי והאקטוארים הפיננסיים בישראל (IAVFA) הינה איגוד מקצועי, מוסד להכשרה והשתלמויות מקצועיות וגוף העוסק בהשמת עובדים מקצועיים במגזר הפיננסי בישראל. הלשכה פועלת להסדרה וולונטרית ועיצובם מחדש של תחומי הערכות השווי והאקטואריה הפיננסית בישראל, הן באמצעות קביעת תנאי כשירות, כללי אתיקה וסטנדרטים מקצועיים לפרקטיקנים בתחומים הללו והן על ידי הכשרתם והסמכתם של אנשי מקצוע איכותיים לתחומים הללו. בנוסף, הלשכה מעניקה שירותי השמה במטרה לשלב את חבריה ומוסמכיה בתפקידים מובילים בשוק העבודה ושירותי תיווך בין צרכני הערכות שווי לבין מומחי הערכות שווי.
Views: 59 Roi Polanitzer
¿Qué es un PPA? Procesos M&A | Gesvalt Talks
Roberto Guiñales nos descubre los aspectos principales del Purchase Price Allocation o PPAs. En Gesvalt actuamos en todo el proyecto, cubriendo la totalidad de servicios: valoración de activos fijos, activos intangibles y articulación completa de la operación.
Views: 1302 Gesvalt
Earnout Modeling in M&A Deals and Merger Models
In this tutorial, you’ll learn how and why earn-outs are used in M&A deals, how they appear on the 3 financial statements, and how they impact the transaction assumptions and combined financial statements in a merger model. By http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" Table of Contents: 1:28 What Earn-Outs Are and Why You Use Them 7:46 How Earn-Outs Show Up on the 3 Statements 12:21 How Earn-Outs Impact Purchase Price Allocation and Sources & Uses 16:02 How Earn-Outs Affect the IS, BS, and CFS in a Merger Model 19:12 Recap and Summary What Earn-Outs Are and Why You Use Them Instead of paying for a company 100% upfront, the buyer offers to pay some portion of the price later on – *if certain conditions are met.* Example: “We’ll pay you $100 million for your company now, and if you achieve EBITDA of $20 million in 2 years, we’ll pay you an additional $50 million then.” Earn-outs are VERY common for private company / start-up acquisitions in tech, biotech, pharmaceuticals, and related “high-risk industries.” EA acquired PopCap for $750 million upfront, and offered an earn-out that varied based on PopCap Games’ cumulative EBIT over the next 2 years. The schedule was as follows: 2-Year Earnings Under $91 Million: Nothing 2-Year Earnings Above $110 Million: $100 million 2-Year Earnings Above $200 Million: $175 million 2-Year Earnings Above $343 Million: $550 million Why Use an Earn-Out? You see them most often when the buyer and the seller disagree on the seller’s value or expected financial performance in the future. Earn-outs are a way for the buyer and seller to compromise and say, “We don’t really know how we’ll perform in the future, but if we reach a target of $X in revenue or EBITDA, you’ll pay us more for our company.” The buyer will almost always want to base the earn-out on the seller’s standalone Net Income, while the seller prefers to base it on revenue, partially so the seller can spend a silly amount to reach these revenue targets. As a compromise, EBIT or EBITDA are sometimes used. How Earn-Outs Show Up on the 3 Statements Balance Sheet: Earn-Outs are recorded as “Contingent Consideration,” a Liability on the L&E side. Income Statement: You record changes in the value of the Contingent Consideration here, i.e. if the probability of paying out the earn-out changes, you show it as a Loss or Gain here. It’s a Loss if the probability of paying the earn-out increases, and a Gain if the probability decreases. Cash Flow Statement: When the earn-out is paid out in cash to the seller, it’s a cash outflow here. You also have to add back or subtract changes in the Contingent Consideration value here, reversing what is listed on the Income Statement. How Earn-Outs Impact Purchase Price Allocation and Sources & Uses Earn-outs do not affect the Sources & Uses schedule for the initial transaction since no cash is paid out yet. Earn-outs *increase* the amount of Goodwill created in an M&A deal because they boost the Liabilities side of the Balance Sheet, which, in turn, requires higher Goodwill on the Assets side to balance it. How Earn-Outs Affect the IS, BS, and CFS in a Merger Model You tend to leave the Income Statement impact blank in a merger model unless you have detailed estimates for the seller’s future performance. You SHOULD factor in the cash payout of the earn-out on the combined Cash Flow Statement – you can assume a 100% chance of payout, or some lower probability. The payout will appear in Cash Flow from Financing and reduce cash flow and the company’s cash balance. RESOURCES: http://youtube-breakingintowallstreet-com.s3.amazonaws.com/108-08-Earnout-Modeling.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/108-08-JAZZ-Earnouts.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/108-08-EA-PopCap.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/108-08-EA-PopCap-2.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/108-08-Earnout-Article-MA-Journal.pdf
How I calculate Title I PPA
Here's my explanation of how I calculate per pupil allotments (PPA) for our campuses that receive Title I.
Views: 71 Chris Shade
Power Purchase Agreements for Grid-Aware Renewable Energy Procurement
Power purchase agreements (PPAs) are a key mechanism that utilities use to procure variable renewable energy from independent power producers. A PPA is a long-term (20-25 year) contract that codifies all aspects of the electricity sale, including the price of electricity and the associated legal obligations of both parties. This webinar focuses on PPA provisions that can enable wind and solar technologies to enhance grid stability and contribute to power system flexibility. Discussed are key considerations, including ancillary services, advanced telemetry, and automatic generation control. The discussion is followed with a presentation by Xcel Energy, a vertically integrated electricity utility in the United States and the largest wind buyer in the country, to discuss Xcel Energy’s Model PPA for wind power systems.
Intangible Assets Accounting (Bargain Purchase Of A Business, Price Paid Less Than Fair Value)
Accounting for a bargain purchase of a business where one company acquires another company (example would be forced liquidation or distressed sale of a business), Bargain Purchase: 1-Purchaser in business combination pays less than the fair value of identifiable net assets, 2-Purchase price less than value of net identifiable net assets, this excess amount is recorded as a gain by the purchaser, if the price paid is less than the fair value of net assets received (assets - liabilities) then a gain is recognized, detailed example by Allen Mursau
Views: 4673 Allen Mursau
Accounting Merger dan Akuisisi - Buku Merger & Acquisition Playbook
Accounting Merger dan Akuisisi M&A Playbook - Penjelasan Lengkap Merger dan Akuisisi Jeami Gumilarsjah, MBA, CMAP, CMAI Salam Merger Akuisisi Playbook, Dua hal utama terkait dengan akuntasi pasca transaksi, yaitu: Purchase Price Allocation (PPA). Tiga metode pencatatan akuntansi (Cost Method, Equity Method, dan Konsolidasi). Masing-masing metode bergantung porsi kepemilikan dan ada atau tidaknya kontrol dalam jalanya perusahaan. Materi presentasi pada video ini bisa Anda dapatkan di SlideShare: bit.ly/2a206lA. Untuk semua tahapan dalam merger dan akuisisi dapat dibaca dalam buku M&A Playbook atau bisa juga mengikuti pelatihan merger dan akusisi, info lengkap: http://www.bhivestama.com/workshop. Jangan lupa untuk subscribe dan like-nya. Follow kami di: Twitter: @MandAPlaybook SlideShare: MandAPlaybook WhatsApp: +62811812028 Chirpstory: bit.ly/2a9ipsu www.bhivestama.com
Views: 511 MandA Playbook
A PPA solution that is brilliant value for money and fits seamlesly into your school
The majority of schools are up against the same frustration: budget cuts, Government agendas and ever increasing demands on pupil performance from Governors, parents and local governing bodies. Here at Aspire Sports, we have developed a proven way to help relieve these pressures. Setting high standards to become the leading provider of PPA solutions in the Midlands, we currently work with over 60 primary schools each week. Aspire Sports stands by its record: 98% of customers rated our educational services as 'good' to 'outstanding' during the 2010/11 academic year. - Is your current PPA cover solution sustainable and cost effective? - If you use a 'sports coaching' company, do they follow the afPE best practice guidance on the effective use of agencies in PE and school sport? - Are all of your pupils being educated effectively during PPA time? Aspire Sports are first-class Sports and Physical Activity Educators who have spent years perfecting a PPA solution for schools in the Midlands. We offer tailored PE, sport and physical activity provision across the region so that you can get exactly what you need for your pupils from just £26 per hour! And with our unique extra-curricular programmes we can add value to your school budget. You and your senior management team can feel secure in knowing that you will be getting a high quality education focused service that enhances the health and well-being, skills and confidence of all the children in your organisation. Furthermore, you are guaranteed quality because we ensure that our service follows the best practice guidance on the effective use of agencies in PE and school sport. Our unique package follows the high standards set out in the PE curriculum support programme. Click here to hear what our customers have to say about our popular, high quality provision or contact Paul on 08455 08 27 34 or [email protected]
Views: 224 AspireSportsUK
Negative Goodwill and Bargain Purchases in Merger Models
In this tutorial, you’ll learn about bargain purchases, the concept of “negative Goodwill,” and what happens on the financial statements in a merger model when a buyer acquires a seller for an Equity Purchase Price less than the seller’s Common Shareholders’ Equity. https://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" Table of Contents: 4:20 Part 1: Why Bargain Purchases Take Place 9:17 Part 2: Why the Accounting is Confusing, and a Simpler Method 12:30 Part 3: Real-Life Example of a Bargain Purchase 14:19 Recap and Summary Resources: https://youtube-breakingintowallstreet-com.s3.amazonaws.com/108-13-Negative-Goodwill-Bargain-Purchases-Slides.pdf https://youtube-breakingintowallstreet-com.s3.amazonaws.com/108-13-Negative-Goodwill-Bargain-Purchases.xlsx https://youtube-breakingintowallstreet-com.s3.amazonaws.com/108-13-Negative-Goodwill-Westamerica-County-Bank.pdf QUESTION: “Can you explain what happens in an M&A deal if the Equity Purchase Price is less than the seller’s Common Shareholders’ Equity?” “Do you get ‘negative’ Goodwill? What is the accounting treatment for this type of bargain purchase?” SHORT ANSWER: No, you never create “negative Goodwill” because it cannot exist under either IFRS or U.S. GAAP. Instead, you take the absolute value of the Goodwill created and record it as an Extraordinary Gain on the Income Statement. You have to put a MAX(0 around the Goodwill calculation to do this. You reverse the Gain on the CFS and reverse the extra taxes the company paid on the Gain. On the Balance Sheet, Cash, Retained Earnings, and the DTL or DTA will be affected by these changes. Part 1: Why Bargain Purchases? Bargain purchases are most common for distressed sellers, when the company is running out of Cash, has high Debt and other obligations, and needs to sell or liquidate quickly. A buyer who likes the seller’s intangibles or other aspects of it might come in and offer a better-than-liquidation price that is still less than the seller’s Common Shareholders’ Equity. In our example here, Starbucks likes Coco Cream Donuts’ brand, customer list, and intellectual property, but doesn’t believe its Tangible Assets are worth all that much, so it allocates 60% of the Equity Purchase Price to those Intangibles. In the purchase price allocation process, it writes off the seller’s Common Shareholders’ Equity and Goodwill, adjusts its PP&E and Intangibles, and creates a new DTL. Instead of recording negative $203 million of Goodwill, it records 0 and shows an Extraordinary Gain of $203 million on the combined Income Statement instead. Part 2: Accounting Confusion, and a Simpler Method Under the old method, you allocated the negative Goodwill proportionally to the acquired company’s Assets until there was nothing left – and if some amount remained, you recorded that amount as an Extraordinary Gain. However, you no longer do this under U.S. GAAP or IFRS, and the rules changed a long time ago. You just record the Gain now. A simpler method for doing this is to simply Credit the Gain to the combined Shareholders’ Equity in the Balance Sheet adjustments – the Balance Sheet will balance immediately after the deal takes place, and the setup is much simpler and easier to explain. Part 3: Real-Life Example Back in 2009, Westamerica Bancorporation paid almost nothing for Country Bank, even though its Net Assets were $48 million. The company recorded a Gain on Acquisition of $48 million on its Income Statement, reversed it on the Cash Flow Statement, and reversed the taxes on this Gain as well. These types of deals were common in the last financial crisis because there were so many distressed sellers that desperately needed to sell.
PPA-Why Timing in the property market is so Crucial to your Success
So many people unfortunate get this wrong and potentially lose hundreds of thousands of dollars in ROI!
PPA Webinar Series #7: What’s My Business Worth? Valuing A Retail Energy Business
The purpose of the presentation is to show various methods of how retail fuel companies are valued. Understanding that a stock gifting value has a different value than a fair market sale value can save family businesses hundreds of thousands of dollars in taxes. The same is true for C-Corp to S-Corp conversions. In addition, a properly done cash flow valuation will give owners insights as to how to improve their businesses and create useful budgeting and measurement metrics to assist in process improvements. Valuations are a key tool to better understanding a business and they can be used by marketers for several purposes including: Stock gifting for tax advantage succession planning Acquisitions to expand and grow Buy-sell agreements among partners Banking purposes to fund expansion and growth projects Conversion from C-Corp to S-Corp Forming employee stock ownership plans Budgeting and planning to improve processes Personal goodwill calculations
Laenderrisikoprämien Aswarth Damodaran | Digitale Beratungs-Tools | Unternehmensbewertung
https://www.smart-zebra.de/tool/laenderrisikopraemien-aswarth-damodaran Mit diesen Tool kommt man sehr schnell & in kurzen Schritten zu immer aktuellen & hochwertigen Auswertungen. Gegenstand von Unternehmensbewertungen ist die regelmäßige Bewertung von Unternehmen mit Sitz in Ländern mit hohem politischen Risiko, Purchase Price Allocations (PPA) und Impairmenttests, die nach IFRS ebenfalls häufig Geschäftsaktivitäten oder Tochtergesellschaften im Ausland bewerten. Hierfür sind durch den Bewerter unter Umständen die Risiken des jeweiligen Landes zu berücksichtigen und als sog. Länderrisikoprämie in die Bewertung auf zu nehmen. ★ Was ist Smart Zebra? Smart Zebra ist eine Online-Plattform mit hoch professionellen digitalen Werkzeugen (Tools), auf der auf qualitatives hochwertiges und spezifisches digitalisiertes Expertenwissen zugreifen können. Vorteile: • Branchendaten werden ständig aktualisiert. Schnelle Lösungen für finanzbezogene Fragen in der Unternehmensbewertung. • Große Auswahl an digitalen Tools. Die Branchendaten sind immer aktuell, qualitativ hochwertig und sofort verfügbar. • Stetig wachsenden Wissensdatenbanken. Expertenwissen, Bewertungsparameter, Kapitalmarkt- und Branchendaten werden ständig aktualisiert. Weitere Smart Zebra Tools: https://www.smart-zebra.de/search-tools ► BetaFaktor Professional: ► Diskontierungszinssatz Ertragswertverfahren: ► Beta-Faktor Basic "Deutscher Aktienmarkt" ► Branchenbetas “Deutscher Aktienmarkt” ► IdW S1 – Basiszinssätze nach der Svensson Methode ► Länderrisikoprämien Aswarth Damodaran
Views: 8 Smart Zebra
Negative Goodwill | Know if it is Good or Bad? (with examples)
In this video, we look at what Negative Goodwill is, how does it adds value and examples of negative goodwill and positive goodwill and many more. 𝐖𝐡𝐚𝐭 𝐢𝐬 𝐍𝐞𝐠𝐚𝐭𝐢𝐯𝐞 𝐆𝐨𝐨𝐝𝐰𝐢𝐥𝐥? -------------------------------------------- Negative Goodwill is a term coined in the context of one firm taking over another firm. In literal terms, Negative Goodwill implies a bargain purchase. 𝐈𝐧𝐝𝐢𝐜𝐚𝐭𝐢𝐯𝐞 𝐒𝐢𝐠𝐧𝐬 𝐨𝐟 𝐁𝐚𝐫𝐠𝐚𝐢𝐧 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞𝐬 (𝐍𝐞𝐠𝐚𝐭𝐢𝐯𝐞 𝐆𝐨𝐨𝐝𝐰𝐢𝐥𝐥) --------------------------------------------------------------------------------------------------- 1. If the obtained firm has sustained financial losses in the recent past or has been being in debt or which is not able to service its debt. 2. Net book value of assets taken over is higher than the purchase price paid for the acquisition. 3. If the transaction has been taken out secretly and a possibility of higher value has not been explored. 4. Absence of other bidders and a single bidder has taken benefit of the situation. 5. If the acquirer has more knowledge of the acquired firm. 6. if the deal has been finalized in a very short span of time. 7. If the seller wants to sell the business against his will or in a desperate situation. To know more, you can go to this 𝐥𝐢𝐧𝐤 𝐡𝐞𝐫𝐞: https://www.wallstreetmojo.com/negative-goodwill/
Views: 115 WallStreetMojo
What Is The Meaning Of Acquisition In Accounting?
Meaning, pronunciation definition of acquisition accounting procedure adopted in preparation the consolidated financial statement an acquiring and acquired firm accountingrelated to negative goodwill(accounting & book keeping) dictionary by free online english encyclopedia. Acquisition method of accounting accountingtools. Collins english what is acquisition accounting? Definition and meaning accounting definition of by the financial dictionarydefine at dictionary in oxford dictionaries. In the united states, a second in private company, goodwill has no predetermined value prior to acquisition; Its magnitude depends on two other mergers and acquisitions (m&a) are transactions which ownership of companies, parties should also consider their accounting treatment m&a transaction this means that synergy can be obtained through many forms such as; Increased market share, cost savings exploring new opportunities for reverse have always constituted an interesting topic or event analysed by applying definition. Acquisition accounting investopedia with acquisition the fair market value of acquired firm is combinations to be treated as acquisitions for purposes, meaning that one are often made part a company's growth strategy whereby it more issues weaken takeover financial position, this isn't always case, but has proven an effective means definition procedure in which assets company recently been taken. What is an acquisition in accounting? Youtube. What is acquisition accounting sec closes the gaap definition at dictionary, a free online with pronunciation, synonyms and translationa procedure in which value of asset meaning, example sentences, more from oxford dictionaries 4 may 2017 when an acquiree buys another company acquirer uses gaap, must record event using method 18acquisition noun full consolidation, where assets subsidiary has been purchased are included parent company's date on purchase commits to buying effectively takes control seller definition, english dictionary, synonym, see also 'acquisitive',acquisitiveness',acquit',acquisitively', reverso goodwill construct that required under generally if acquired net fall value, acquiring write them down 23 jul 2013 capital, defined as capital used acquire other assets, needed business decides grow critical step determining appropriate approach be set liabilities meets business, ifrs 3 price allocation (ppa) application whereby one allocations performed conformity merger. Acquisition accounting investopediaacquisition definition and meaning. Acquisition accounting? Definition and meaning what is acquisition date? investor wordsenglish definition dictionary goodwill & example capital the strategic cfo. Distinguishing between a business combination and bdo globalgoodwill (accounting) wikipediaaccounting for reverse acquisition (part1) accounting.
Views: 96 Bet My Bet
Let's hear from... Thierry de la Tour d'Artaise
- Sales of €6,485m: +29.7%, +9.2% LFL* of which WMF sales: €1,151m, +5.5% - Operating Result from Activity (ORfA) €661m, +30.8% €678m, excluding one-off impacts of WMF PPA**, or +34.2% - Net profit: €375m, +45% - Net financial debt: €1,905m, -€114m vs. December 31, 2016 - Operating cash flow generation: €322m - Proposed dividend of €2.00 per share: +16.3% * Like-for-like: at constant exchange rates and scope of consolidation. ** One-off impacts from the WMF purchase price allocation (revaluation of inventories and order books). ►Subscribe to Groupe SEB's channel here: http://ow.ly/4tQ6308bj8X ►Website: http://www.groupeseb.com ►Groupe SEB on Twitter: http://twitter.com/GroupeSEB ►Groupe SEB on LinkedIn : http://ow.ly/wwHp308bji1 ►Groupe SEB on Google+: http://plus.google.com/+GroupeSEB ►Groupe SEB on Instagram : https://www.instagram.com/groupeseb/ Catégorie Vie pratique et style Licence Licence YouTube standard
Views: 230 Groupe SEB
Let's hear from Vincent Léonard | Half-Year 2018 Sales and Results
Half-year 2018 Sales and Results: "Continued good momentum - Sales objective revised upwards" Sales: €3,025m, +2.9% and +7.4% LFL* Operating Result from Activity: • €208m, -2.8% • €224m LFL*, -2.9% excl. 2017 one-off impacts of WMF PPA** Net profit: €91m, +9.5% Net financial debt: €2,015m Operating cash flow generation: €62m * Like-for-like: at constant exchange rates and scope of consolidation ** Purchase Price Allocation: revaluation of inventories, order book ►Subscribe to Groupe SEB's channel here: http://ow.ly/4tQ6308bj8X ►Website: http://www.groupeseb.com ►Groupe SEB on Twitter: http://twitter.com/GroupeSEB ►Groupe SEB on LinkedIn : http://ow.ly/wwHp308bji1 ►Groupe SEB on Google+: http://plus.google.com/+GroupeSEB ►Groupe SEB on Instagram : https://www.instagram.com/groupeseb/
Views: 43 Groupe SEB
Please use the example solution above as a general guidance. If you need worksheet for the tutorial above you can get them at https://studyacer.com/s/10221 Here are four discussion board questions..Please take a look at and get back to me... ECONOMIC ORDER Analyze the following scenario: Meals for the Homeless buys 30,000 large cans of green beans each year. The cost of each can of beans is $4. The cost to place an order for beans, including the time of the employee placing the order, shipping, and so forth, comes to $20 per order. The out-of-pocket carrying costs (for storage, etc.) are $0.30 per can per year. In addition, Meals calculates its interest at 5 percent. How many cans should be ordered at a time? How many orders should there be each year? What are the total ordering costs and carrying costs at the EOQ? Contrast the total of the ordering costs and carrying costs at EOQ to the total ordering and carrying costs if the cans were all ordered at the beginning of the year. (You will need to read and understand Appendix 7-A to complete this discussion). Clearly label the calculations of the economic order quantity using Excel (you may attach your Excel worksheet to your discussion post in your online classroom). Use formulas to calculate the EOQ and format the cells to insert a comma if there is more than three numbers. Round to the nearest whole number. Explain the advantages and disadvantages of EOQ in a Word document not to exceed 200 words. INTERNAL CONTROLS Joy Becket is the director of Eyeglasses for the Poor (EP). EP receives donations of eyeglasses and recycles them for use by the nearsighted needy around the world. Sometimes the eyeglass frames are expensive designer frames that can be sold to raise operating funds for the organization. Joy is concerned that EP’s resources are not adequately safeguarded. This problem is compounded by the fact that there are relatively few employees so separation of duties is difficult. She does know that if anything goes wrong (i.e. waste of resources, embezzlement), she will be held responsible. Therefore, she has called you in as an expert consultant in the area of accountability and control. She has asked you to recommend specific procedures and policies for enhancing the internal controls for the organization. Write a one-page memo identifying policies and procedures she should consider adopting. RESTRICED FUNDS Do you think that a not-for-profit organization’s board can release the restrictions on money in a strike fund and use it for general operations? Does it matter whether we are talking about a strike fund held by a steel workers’ union to pay benefits to its members during a strike, versus a fund used by a not-for-profit as a safety reserve in case its workers go on strike? Transaction analysis Analyze the following scenario: The Unified Path is an umbrella organization that solicits donations to support its many charitable suborganizations. One of these is the Millbridge Family Service (MFS). All transactions for MFS are handled through the MFS special purpose fund. For both the United Path general operating fund and MFS special purpose fund, show the impact of the fundamental equation of accounting of each of the following events. • Unified Path transfers cash to the MFS bank account for $50,000 for the MFS family counseling program. This is a direct subsidy to MFS. No repayment is required. • Unified Path has a bookkeeping department which assists the suborganizations with their purchase of insurance, supplies, payroll, and other items. This centralized approach is less expensive than if each part of the larger organization had its own bookkeeping staff. Unified Path charges MFS $400 for bookkeeping services for the month. No payment is made at this time. • MFS borrows $20,000 from Unified Path’s general fund to meet a current operating shortfall. MFS will repay this loan from money received from charges to its clients within six months.
Views: 108 Study Acer
iShares US Aerospace Defense
VIDEO FINANCIAL REPORTING Why Invest in is the first financial video platform where you can easily search through thousands of videos describing global securities. About The Video: We believe that complex financial data could become more approachable using friendly motion-graphic representation combined with an accurate selection of financial data. To guarantee the most effective information prospective we drew inspiration from Benjamin Graham’s book: “The Intelligent Investor”, a pillar of financial philosophy. For this project any kind of suggestion or critic will be helpful in order to develop and provide the best service as we can. Please visit our site www.whyinvestin.com and leave a massage to us. Thank you and hope you'll enjoy. IMPORTANT INFORMATION - DISCLAIMER THIS VIDEO IS FOR INFORMATION PURPOSES ONLY AND SHOULD NOT BE RELIED UPON AS INVESTMENT ADVICE. This video has been prepared by Whyinvestin (together with its affiliates, “Whyinvestin”) and is not intended to be taken by, and should not be taken by, any individual recipient as investment advice, a recommendation to buy, hold or sell any security, or an offer to sell or a solicitation of offers to purchase any security. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. The performance of the companies discussed on this video is not necessarily indicative of the future performances. Investors should consider the content of this video in conjunction with investment reports, financial statements and other disclosures regarding the valuations and performance of the specific companies discussed herein. DO NOT RELY ON ANY OPINIONS, PREDICTIONS OR FORWARD-LOOKING STATEMENTS CONTAINED HEREIN. Certain of the information contained in this video constitutes “forward-looking statements” that are inherently unreliable and actual events or results may differ materially from those reflected or contemplated herein. None of Whyinvestin or any of its representatives makes any assurance as to the accuracy of those predictions or forward-looking statements. Whyinvestin expressly disclaims any obligation or undertaking to update or revise any such forward-looking statements. EXTERNAL SOURCES. Certain information contained herein has been obtained from third-party sources. Although Whyinvestin believes such sources to be reliable, we make no representation as to its accuracy or completeness. FINANCIAL DATA. Historical and fundamental data, ratios, exchange rate, prices and estimates are provided by Xignite,www.xignite.com. Data are sourced by Morningstar research. Whyinvestin does not verify any data and disclaims any obligation to do so. Whyinvestin, its data or content providers, the financial exchanges and each of their affiliates and business partners (A) expressly disclaim the accuracy, adequacy, or completeness of any data and (B) shall not be liable for any errors, omissions or other defects in, delays or interruptions in such data, or for any actions taken in reliance thereon. Neither Whyinvestin nor any of our information providers will be liable for any damages relating to your use of the information provided herein. Please consult your broker or financial representative to verify pricing before executing any trade. Whyinvestin cannot guarantee the accuracy of the exchange rates used in the videos. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates. You agree not to copy, modify, reformat, download, store, reproduce, reprocess, transmit or redistribute any data or information found herein or use any such data or information in a commercial enterprise without obtaining prior written consent. Please consult your broker or financial representative to verify pricing before executing any trade. COPYRIGHT “FAIR USE” Whyinvestin doesn’t own any logo different from the whyinvestin’ s logo contained in the video. The owner of the logos is the subject of the video itself (the company); and all the logos are not authorized by, sponsored by, or associated with the trademark owner . Whyinvestin uses exclusive rights held by the copyright owner for Educational purposes and for commentary and criticism as part of a news report or published article. If you are a company, subject of the video and for any reason want to get in contact with Whyinvestin please email: [email protected]
Views: 28 Why Invest In
Top 3 Defense ETFs (PPA, XAR)
https://goo.gl/QPCkqk - Start earning with binary options like millions of traders do Even though military spending has decreased as a percentage of GDP over the past six years, aerospace and defense ETFs have done remarkably well with 5-year average returns ranging around 18%—and could continue to do well regardless of who wins the 2016 presidential election. Currently, there are three ETFs that follow different indices tracking the aerospace and defense industry. PowerShares Aerospace & Defense ETF (NYSEArca: PPA) The fund seeks to replicate the yield and price of the SPADE Defense Index. The fund invests 90% of its assets in the underlying index, and its top three holding are Boeing Co, Lockheed Martin Corp and United Technologies Corp. AUM $279.06M Expense Ratio 0.64% YTD 7.91% 5-Year Return 18.19% SPDR S&P Aerospace & Defense ETF (NYSEArca: XAR) Replicating the S&P Aerospace & Defense Index, the fund’s top holdings are B/E Aerospace Inc, Boeing Co and Spirit AeroSystem Holdings Inc. The fund follows a sampling strategy which allows the fund manager to invest in securities other than those securities comprising the underlying index, but at least 80% of the fund’s assets is invested in the index itself. AUM $217.85M Expense Ratio 0.35% YTD 9.24% 5-Year Return 18.47% iShares US Aerospace & Defense (NYSEArca: ITA) The fund seeks to replicate the performance of the Dow Jones US Select Aerospace & Defense Index which is composed of US aerospace and defense equities. The fund invests at least 90% of its assets in the index, and its top holdings are Boeing Co, Lockheed Martin Corp and United Technologies Corp—identical to PPA’s top holdings. AUM $927.12M Expense Ratio 0.44% YTD 9.56% 5-Year Return 18.65% Numbers are as of November 6th, 2016, provided by FactSet.
Views: 83 ETFs
Wealth Management for Canadians - Payback Period on Investments
Wealth & Money Management For Canadians – Payback Period. How long will it take to get my money back? ENROLL IN THE PERSONAL PENSION ACADEMY NOW FOR ONLY $97 (ALL TAXES INCLUDED) http://personalpensionacademy.com/ In the previous two videos in this series, I went over a couple of useful ratios that you can use and likely calculate roughly off the top of your head … the Rule of 40 and the Rule of 72. These were simple calculations, but the results are quite profound. In one, it calculates how long it will take advisors, banks and the financial industry as a whole to eat up a third of your wealth. The other tells us how long it will take to double our money. A noble goal to say the least! In this tutorial, I tackle another useful video and one that guides my philosophy and methodology with my investing and the Personal Pension Academy. It is called the payback period and it is very common in the finance and business world. Quite simply, how long will it take me to recover my initial investment? Wouldn’t you agree that this is a useful number to have? In retirement planning in Canada, much of the focus centers around the market value of investments. There is very little guidance when it comes to investing in stuff that actually starts paying you back. I’m not talking about the day-to-day roller coaster ride of the stock market. I’m talking about cash flow … cold hard cash deposited into your account on a regular basis. Wouldn’t it be great if we could just take 2 easy to find numbers and figure out how long it will take to get our original investment back? Well, this is the formula that does it. Imagine this .. having investments in your Tax Free Savings Accounts (TFSA) or Registered Retirement Savings Plan (RRSP) and knowing exactly how long it will take to recoup the original money that you put in. If you have $50,000 in your TFSA or RRSP, you can actually invest it in such a way that you know exactly when you’ll have recovered the $50,000 in cash and dividend distributions. And remember, these distributions are not part of the actual capital … meaning you will still own the securities that generated the return in your TFSA or RRSP. Best of all, the companies that regularly pay out dividends are the same exact ones that actually grow in value over time .. do you know why? Quite simply. They make money. Stop investing your money in useless investments that only enrich the banks, financial and investment advisors and the financial industry. Start managing your own money. Check out my Wealth Accelerator Course which is free here on YouTube or on my web page. My goal is to completely transform the way people think about money and money management. http://www.dinovoconsulting.com/wealth-accelerator If you agree with what I have to say, then you may be interested in taking my flagship Personal Pension Academy course for only $97. I have offered this course at live workshops for upwards of $500. Check out the following Course link to sign up for this low price today. For less than the cost of a couple of personal finance textbooks, I’ll give you lifetime access to the course, and all the quarterly updates. https://personal-pension-academy.teachable.com/p/personal-pension-academy/?product_id=97148&coupon_code=YOUTUBE_SUBSCRIBE Continue your free training with the next videos in the Personal Pension Academy: Video 1 - Secrets the financial industry don't want you to know https://www.youtube.com/watch?v=qy8gqpO1Rrk Video 2 - The Investment ADD Death Trap https://www.youtube.com/watch?v=EcYutKisUcs Video 3 - Turning your TFSA into a personal pension plan https://www.youtube.com/watch?v=jx0tV5QF_oM Check out my free online money course - The Wealth Acceralerator: http://www.sbcknowledge.com/wealth-accelerator/ To Enrroll In the Personal Pension Academy sign up here: http://personalpensionacademy.kajabi.com/sp/29326-ppa-sales-page Here are some other good resources on Tax Free Savings Account - How they work and what they do - Good explanatory video - https://www.youtube.com/watch?v=5pcvgKCxFhk - Another good explanatory video from ScotiaBank (although I wouldn't buy any of their investments) - https://www.youtube.com/watch?v=a3Flb9lGUMM - TFSA vs RRSP explanation and examples - https://www.youtube.com/watch?v=iraKxb6baCc - Information on Tax Free Savings Accounts (TFSA) from the Canada Revenue Agency (CRA) - http://www.tfsa.gc.ca/ - Good article from the Globe & Mail on so Do's & Don'ts of TFSA investing - http://globalnews.ca/news/1502572/5-dos-and-donts-of-tax-free-savings-accounts/
Views: 659 Ian DiNovo
Open CPA Network account I CPA Marketing I CPA Marketing Bangla Tutorial part 1 I CPA Marketing Lear
Cost per acquisition (CPA), also known as cost per action, pay per acquisition (PPA) and cost per conversion, is an Online advertising pricing model where the advertiser pays for a specified acquisition - for example a sale, click, or form submit (e.g., contact request, newsletter sign up, registration etc.) Direct response advertisers often consider CPA the optimal way to buy Online advertising , as an advertiser only pays for the ad when the desired acquisition has occurred. The desired acquisition to be performed is determined by the advertiser. In affiliate marketing, this means that advertisers only pay the affiliates for leads that result in a desired action such as a sale This removes the risk for the advertiser because they know in advance that they will not have to pay for bad referrals, and it encourages the affiliate to send good referrals. Radio and TV stations also sometimes offer unsold inventory on a cost per acquisition basis, but this form of advertising is most often referred to as "per inquiry". Although less common, print media will also sometimes be sold on a CPA basis. CPA as "cost per acquisition" CPA is sometimes referred to as "cost per acquisition" or "cost per action", which has to do with the fact that many CPA offers by advertisers are about acquiring something (typically new customers by making sales) Formula to calculate cost per acquisition Cost per acquisition (CPA) is calculated as: cost divided by the number of acquisitions. So for example, if one spends £150 on a campaign and gets 10 "acquisitions" this would give a cost per acquisition of £15. Pay per lead Pay per lead (PPL) is a form of cost per acquisition, with the "acquisition" in this case being the delivery of a lead. Online and Offline advertising payment model in which fees are charged based solely on the delivery of leads. In a pay per lead agreement, the advertiser only pays for leads delivered under the terms of the agreement. No payment is made for leads that don't meet the agreed upon criteria. Leads may be delivered by phone under the pay per call model. Conversely, leads may be delivered electronically, such as by email, SMS or a ping/post of the data directly to a database. The information delivered may consist of as little as an email address, or it may involve a detailed profile including multiple contact points and the answers to qualification questions. There are numerous risks associated with any Pay Per Lead campaign, including the potential for fraudulent activity by incentivized marketing partners. Some fraudulent leads are easy to spot. Nonetheless, it is advisable to make a regular audit of the results. Differences between CPA and CPL advertising In cost per lead campaigns, advertisers pay for an interested lead (hence, cost per lead) — i.e. the contact information of a person interested in the advertiser's product or service. CPL campaigns are suitable for brand marketers and direct response marketers looking to engage consumers at multiple touch points — by building a newsletter list, community site, reward program or member acquisition program. In CPA campaigns, the advertiser typically pays for a completed sale involving a credit card transaction. There are other important differentiators: CPA and affiliate marketing campaigns are publisher-centric. Advertisers cede control over where their brand will appear, as publishers browse offers and pick which to run on their websites. Advertisers generally do not know where their offer is running. CPL campaigns are usually high volume and light-weight. In CPL campaigns, consumers submit only basic contact information. The transaction can be as simple as an email address. On the other hand, CPA campaigns are usually low volume and complex. Typically, a consumers has to submit a credit card and other detailed information.Also, pay per download (PPD) is another form of CPA, where the user completes an action to download a specified file. Tracking CPA campaigns With payment of CPA campaigns being on an "action" being delivered, accurate tracking is of prime importance to media owners. This is a complex subject in itself, however if usually performed in three main ways: 1. Cookie traking – when a media owner drives a click a cookie is dropped on the prospect's computer which is linked back to the media owner when the "action" is performed. 2. Telephone Traking – unique telephone numbers are used per instance of a campaign. So media owner XYZ would have their own unique phone number for an offer and when this number is called any resulting "actions" are allocated to media owner XYZ. Often payouts are based on a length of call (commonly 90 seconds) – if a call goes over 90 seconds it is viewed that there is a genuine interest and a "lead" is paid for. 3. Promotional coards – promotional or voucher codes are commonly used for tracking retail campaigns. The prospect is asked to use a code at the checkout to qualify for an offer. The cod
Views: 35 All Cover song
How We Make Money
Providing reliable energy to 3.5 million consumers isn't your average business. As a regulated public utility, the way SDG&E makes money is unique. There are two ways SDG&E makes money -- through the costs of building infrastructure and by how efficiently we run our business. This video answers questions such as how we price electricity and natural gas, how much of my bill goes to SDG&E, and why we want customers to use less energy.
Comment aider les professionnels d'entreprises, les experts-comptables et les auditeurs à approfondir la question majeure de la comptabilité des regroupements d'entreprises en IFRS ? La question des « business combinations » a connu depuis une vingtaine d'années de nombreux bouleversements. En dix ans, on est passé d'IAS 22 à IFRS 3 puis à IFRS 3 révisée. L’IASB a, après trois ans d'application, organisé une consultation publique pour évaluer les différents problèmes identifiés. Où en est-on aujourd’hui ? Evaluer des marques, des relations clientèle, des avantages au personnel, les paiements basés sur les actions, le traitement à appliquer aux « earn-out » etc., requiert non seulement de l'expertise, mais l'implication au plus haut niveau des dirigeants. La conférence s’est articulée autour de 2 débats. En première partie, les intervenants se sont attachés à dresser un état des lieux afin de dégager les changements introduits par IFRS 3R. Dans un second temps, ils ont évoqué les difficultés pratiques de l’évaluation dans le cadre d’IFRS 3R.
How to open petrol pump in India | Get HP New Petrol Pump dealership license Complete Process
How to open petrol pump in India | Get Fresh New Petrol Pump dealership license Complete Process 2018. Hello friends, Do you want to open a Petrol Pump in India and want to know about Petrol pump business or how can apply for petrol pump dealership. Lets learn complete process details and procedure here. Your all most eligible queries solved here like- - Petrol Pump Market in India - How to Open a Petrol Pump in India - Petrol Pump Licensing Procedure rules and regulations in India - Eligibility Criteria - Minimum Fund Requirement - Land Requirement - License Fee for Petrol Pump - Application Fees for Petrol Pump - How to Apply for a Petrol Pump Dealership - How to Open a Petrol Pump in India in Next 1 Month - How to get a petrol pump license in India and apply online for dealership
Views: 283714 My Smart Guide
How many products have I submitted for licensing?
I think it's time for me to respond, answer, and go into depth in some of your #licensing questions pulled from the youtube comments. FREE Licensing Starter Kit: https://www.houseofroyalties.com/licensing-starter-kit Website: https://www.houseofroyalties.com/ Exclusive Membership Group: https://www.houseofroyalties.com/membership Instagram: https://www.instagram.com/houseofroyalties8/ Check out my licensed products here: 👑 Kikkerland Mini Backscratcher — http://amzn.to/2nOQ1j7 The gear I use to make licensing magic happen: 📷 Sony RX100 IV — http://amzn.to/2BZk7oT 📱 Google Pixel 2 XL — http://amzn.to/2BXOigk 💻 MacBook Pro Retina 15" — http://amzn.to/2BaUipi 🎧 Beats X — http://amzn.to/2nEYVjH 🎬 Adobe Premiere Pro CC — http://amzn.to/2nMjKt0 🖼 Adobe Photoshop CC — http://amzn.to/2GTxlav 📄 Adobe Indesign CC — http://amzn.to/2Ei3pXj 📚 "One Simple Idea" by Stephen key — http://amzn.to/2E3XoK9 🖋 Sharpie — http://amzn.to/2E57A9k 🗒 Post-it Super Sticky Notes — http://amzn.to/2GQELv3 🎨 Wacom Intuos Pro — http://amzn.to/2GQKvoI iPad Pro — http://amzn.to/2E5UdGh Apple Pencil — http://amzn.to/2E7sm44 Bonefoto Tabletop Tripod — http://amzn.to/2E0G7l9 🏝 Just as a heads up, I do receive a small reward from every purchase if you use the links above — I really appreciate your support and the good vibes. 🏝 #MFSEFSTUDIO #MakeIdeasHappen #Licensing #ProductLicensing #Invent #Invention #Royalties #OpenInnovation #PatentPending
Views: 324 House of Royalties
Recent Developments in PJM Regional Markets
Expert Stakeholder Workshop: Energy and Environmental Developments in the PJM Region https://nicholasinstitute.duke.edu/pjm-workshop Part 2 Recent Developments in PJM Regional Markets Adam Keech, Executive Director, Market Operations, PJM Interconnection
Views: 150 NichInstitute
Clean Energy Investment Accelerator Webinar on Philippine RE at the Crossroads
This webinar was facilitated by the Clean Energy Investment Accelerator (CEIA) to support utilities and businesses interested in exploring opportunities to produce, procure, or contract clean energy in the Philippines under the new the Renewable Portfolio Standards (RPS) and the Green Energy Option Program (GEOP). The CEIA is an innovative public-private initiative jointly led by the U.S. National Renewable Energy Lab, Allotrope Partners, and World Resources Institute, working to harness private sector demand to scale clean energy deployment in key markets like the Philippines. The webinar includes presentations from the Philippines’ Department of Energy, NREL, and Allotrope Partners’ CEIA Philippines Lead, Mr. Marlon Apanada. This session marks the first Department of Energy presentation of the GEOP to the public. Due to technical difficulties, the first part of Mr. Apanada’s presentation was not recorded. During this part of the webinar, Mr. Apanada introduced the two primary methods for businesses or distribution utilities to procure renewable energy in the Philippines: by signing a Power Purchase Agreement (PPA) or by developing for self-ownership. Mr. Apanada explained that signing a PPA often presents fewer risks for the purchasers. If you have any questions about the content of this webinar or future opportunities to engage, please contact the CEIA team at [email protected] Visit the CEIA website at http://www.cleanenergyinvest.org/.
Ethics of Financial Integrity and Financial Reports
The Ethics of Financial Integrity and Financial Reports webinar was aired on April 20 and 21, 2016 by the Pennsylvania Department of Education. Webinar Slides: http://www.projectpa.org/ppa-v3/files/FMWebinar.slides.pdf Webinar Slides in Handout Format: http://www.projectpa.org/ppa-v3/files/FMWebinarhandout.pdf Webinar CEU Certificate: http://www.projectpa.org/ppa-v3/files/Financial-Webinar-2-CEU.pdf
Views: 51 SNToolbox
Community Solar-CEEE Solar Energy Fair
Warren McKenna describes how Farmers Electric Cooperative created Iowa's first solar garden by installing and maintaining panels purchased by Co-op members.
Views: 440 Pat Higby
Brazil and California: Partners on Renewable Energy Grid Integration
Angelina Galiteva discussed how California has transformed its energy mix, with solar now supplementing hydro power in the state, and reviewed how this has changed utility models and created new jobs. Building on her recent speaking engagement in Brazil, Ms. Galiteva also examined how regulatory policy can incentivize investment in renewables, and highlighted California’s ongoing collaboration with the state of Pernambuco aimed at boosting renewable energy.
Views: 259 IIP Interactive
Cost per action
Cost Per Action or CPA (sometimes known as Pay Per Action or PPA; also Cost Per Conversion) is an online advertising pricing model, where the advertiser pays for each specified action - for example, an impression, click, form submit (e.g., contact request, newsletter sign up, registration etc.), double opt-in or sale. Direct response advertisers consider CPA the optimal way to buy online advertising, as an advertiser only pays for the ad when the desired action has occurred. The desired action to be performed is determined by the advertiser. Radio and TV stations also sometimes offer unsold inventory on a cost per action basis, but this form of advertising is most often referred to as "per inquiry". Although less common, print media will also sometimes be sold on a CPA basis. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 21 Audiopedia
BETD 2018: Policies and Investments for Energy Access
Berlin Energy Transition Dialogue 2018 Policies and Investments for Energy Access Speaker: Dr. Linda Davis Khaled Kaddour Kimmo Tiilikainen Moderator: Dr. Melinda Crane
Relative cost of electricity generated by different sources | Wikipedia audio article
This is an audio version of the Wikipedia Article: https://en.wikipedia.org/wiki/Cost_of_electricity_by_source 00:01:12 1 Cost factors 00:02:47 1.1 Levelized cost of electricity 00:09:51 1.2 Avoided cost 00:10:44 1.3 Marginal cost of electricity 00:11:13 1.4 External costs of energy sources 00:16:55 1.5 Additional cost factors 00:19:26 2 Current global studies 00:19:36 2.1 Lazard (2018) 00:21:03 2.2 Bloomberg (2018) 00:22:11 2.3 IRENA (2018) 00:22:45 2.4 Banks (2018) 00:23:39 3 Regional and historical studies 00:23:49 3.1 Australia 00:26:32 3.2 France 00:28:01 3.3 Germany 00:29:07 3.4 Japan 00:29:55 3.5 United Kingdom 00:31:42 3.6 United States 00:31:51 3.6.1 Energy Information Administration 00:35:06 3.6.2 NREL OpenEI (2015) 00:35:45 3.6.3 California Energy Commission (2014) 00:35:49 3.6.4 Lazard (2015) 00:36:01 3.6.5 Lazard (2016) 00:36:26 3.6.6 Lazard (2017) 00:39:05 3.7 Global 00:39:25 3.7.1 IEA and NEA (2015) 00:40:10 3.8 Other studies and analysis 00:40:19 3.8.1 Buffett Contract (2015) 00:40:41 3.8.2 Sheikh Mohammed Bin Rashid solar farm (2016) 00:40:50 3.8.3 Brookings Institution (2014) 00:41:27 3.8.4 Brazilian electricity mix: the Renewable and Non-renewable Exergetic Cost (2014) 00:41:56 4 Renewables 00:42:38 4.1 Photovoltaics 00:44:42 4.2 Solar thermal 00:44:51 4.3 Wind power 00:50:49 5 See also 00:52:08 6 Further reading 00:56:38 7 References 00:56:47 Further reading Listening is a more natural way of learning, when compared to reading. Written language only began at around 3200 BC, but spoken language has existed long ago. Learning by listening is a great way to: - increases imagination and understanding - improves your listening skills - improves your own spoken accent - learn while on the move - reduce eye strain Now learn the vast amount of general knowledge available on Wikipedia through audio (audio article). You could even learn subconsciously by playing the audio while you are sleeping! If you are planning to listen a lot, you could try using a bone conduction headphone, or a standard speaker instead of an earphone. Listen on Google Assistant through Extra Audio: https://assistant.google.com/services/invoke/uid/0000001a130b3f91 Other Wikipedia audio articles at: https://www.youtube.com/results?search_query=wikipedia+tts Upload your own Wikipedia articles through: https://github.com/nodef/wikipedia-tts Speaking Rate: 0.8667074148461459 Voice name: en-US-Wavenet-E "I cannot teach anybody anything, I can only make them think." - Socrates SUMMARY ======= In electrical power generation, the distinct ways of generating electricity incur significantly different costs. Calculations of these costs can be made at the point of connection to a load or to the electricity grid. The cost is typically given per kilowatt-hour or megawatt-hour. It includes the initial capital, discount rate, as well as the costs of continuous operation, fuel, and maintenance. This type of calculation assists policymakers, researchers and others to guide discussions and decision making. The levelized cost of energy (LCOE) is a measure of a power source that allows comparison of different methods of electricity generation on a consistent basis. It is an economic assessment of the average total cost to build and operate a power-generating asset over its lifetime divided by the total energy output of the asset over that lifetime. The LCOE can also be regarded as the average minimum price at which electricity must be sold in order to break-even over the lifetime of the project.
Views: 6 wikipedia tts
09/06/2017 - Integrating the Social Cost of Carbon into Competitive Wholesale Energy Markets
DPS Session 9/6/17 : Integrating the Social Cost of Carbon into Competitive Wholesale Energy Markets
Building Blocks for Distributed PV Deployment, Part 2: Interconnection and Public Policy (Webinar)
This webinar explored the building blocks of establishing a distributed PV (DPV) program and was Part 2 of a two-part series. It explored building blocks 4 and 5 with an emphasis on finance and business models. The first webinar explored building blocks 1 through 3. The purpose of the webinar series was to provide policymakers, utilities, and other energy practitioners in the developing world a foundational, concise guide and best practices for establishing a distributed PV program in their countries.
"Culture in Decline" Episode #2 - "Economics 101" ----------- ALL SUBS!!! [HD 720p] (23 languages)
Please help support this Free Media Project: http://www.cultureindecline.com/support.html ALL existing subtitles!!! Culture in Decline | Episode #2 "Economics 101" by Peter Joseph Oct 1st 2012 Help with Subtitles? : http://dotsub.com/view/888f55a3-6fd6-4685-ba4e-7f1238d71362 The topic of this show entitled "Economics 101" deals with the subject of Economic Calculation, Market Rationale and its effects, along with considerations of the Scientific Principles of Sustainability. This episode features long winded and generally insulting rhetoric, a special guest Gremlin, CID's "Man on the Street" and the return of the evil peach-suit capitalist - Peter's alter ego. *Episode #3: Dec 1st 2012* Please Subscribe to this Channel for future Episodes: http://www.youtube.com/user/CultureInDecline?feature=mhee About: "Culture in Decline" is a satirical yet serious expression that challenges various cultural phenomena existing today which most of society seems to take for granted. Nothing is considered sacred in this Series except for a detached benchmark of fundamental logic and reason - forcing the viewer to step out of the box of "Normality" and to consider our societal practices without traditional baggage and biases. Common themes include Politics, Economics, Education, Security, Religion, Vanity, Governance, Media, Labor, Technology and other issues centric to our daily lives. Website: http://www.cultureindecline.com/ Twitter: https://twitter.com/cultureindeclin Facebook: http://www.facebook.com/CultureinDecline YouTube Subscribe: http://www.youtube.com/user/CultureInDecline Mailing List: http://mailinglist.thezeitgeistmovement.com/lists/?p=subscribe&id=10 Free DVD Torrents Download, Hi-Res QuickTime Torrent & Fully Sourced Text Transcript PDF are/will be found here: http://www.cultureindecline.com
Views: 3031 MyK Ill
NYSERDA Offshore Wind Technical Conference
NYSERDA held a technical conference to discuss the offshore wind solicitation process established by the New York State Public Service Commission, as well as NYSERDA’s request for information.
Views: 75 NYSERDA
4/6/17 Case 15-E-0751 Value of Distributed Energy Resources Stakeholder Consultative Meetings
Case 15-E-0751 Value of Distributed Energy Resources Stakeholder Consultative Meetings