Welcome to Toffy TV. We shall be live on YouTube. It's live at five. It's sometime between five and six. That's the way we look at it. Very busy people. Very busy. You had a lot of videos with them, haven't we? Two, three. It's the research. It is the research that grows involved. Three videos we've done. No, two podcasts. No, that's the deal. Yeah, well, that's two video podcasts. That's an argument. I'm not arguing. I'm putting out facts, dropping the facts. Is someone watching this, making sure it's all right? Yeah, it's out there, do you know what I mean? I mean, Billy's hard at work. Billy's... A work, not hard. Billy's working hard, man. Don't be disrespectful. We've had loads of comments because loads of people joined at like five o'clock, which has fit enough. That's a reasonable time to join. Probably lost loads of viewers in the meantime. I do apologise. It's just, I apologise. It's not an exact sign to this. Mac Redfane says hello. Everton, EFC, the best is you. Ah, da! It's the best. Joel Matthews says everton. Shabba says holla peeps. O shall I have said... Shabba! We still have a man. Sub-bio number one says hell yeah. Paul Hewitt says hate international. We, Hailey Lee, says does anyone know what's going on? What's happening with Moise Keen? Yeah, they're supposed to be doing it. Isn't it going to be the city game? Alright, okay, I didn't know that. Glint says I wondered about that too, Hailey. Dylan says Alex a Wobie Wobie. Teddy Cook says don't forget the likes, guys. Domingos 1878 says doesn't say what day. They're live at five. Too quick for you. Keith Piles says you're late, you're not. Keith Hewitt says ha ha, lateness. Keith Piles says never won. Never won me a sale. What? Steve Hardy says given up on England taking another wicker today. So live at five it is. I know you ain't a cricket man. No, it's because it's a sport that I'm not into. Are you a cricket man? No, I used to watch it a long time ago. Football consumes much of my sport time. I'm the same, I don't know. Is it time to be destroyed by another sport? I don't mind other sports. I do generally keep up with other sports. Cricket obviously in 2005, it was probably the high point of my cricket loving life. There you go. Ian Lyons says Haipeds spending the best three quid a month I spend watching the best fan channel in England. I like to feel like we're a bit more of a global entity. A conglomerate of sorts. Doesn't get much better really. Cheers mate for the hard work. Thank you Tom. Walshers, while we're living the dreams we had as a child, fade away. I mean it's a classic awaitus line of course. Robert Russell has said something about the sound and the odds of it being bad. I think it's good. It's probably alright, yeah. I think it's good. What else is going on? Jess says the keen banner is planned for the Sheffield United game. Good stuff. Let's have a look. Let's get some real questions. The Royal Blue says Peds get himself in the zone before he starts the show. I don't honestly don't need to get myself into any zone. It's like all the time. I'm just on. I'm just on. I'm in at walking the door. Fran Ridingsheth said there should be a banner for soonness. Yeah. Do you want some fortune though, that thing that Manchini said? Some people took credence that was okay for him to criticise keen because of that. I still don't think there's anything to do with one. No, one doesn't have anything to do with it. Exactly. I think that Manchini has been a pretty arched myself. Michael Kelly says, remember the good old days of Peds taking his time to get the biscuits out of the packet? I don't even watch them. Those days are gone. I've gone cold-take. You know I still enjoy the odd Jaffa cake. It's just that I don't live my life by them anymore. Fair enough. It's very difficult to snort Jaffa cakes. Never tried, to be honest. Never tried. Right, let's have a look. Tashi Swiss, EFC 1878, says, I actually rate Kieran Dahl quite highly, but don't see him in a Michael's Silver system, which he can't get his career started. Wish he could get his career started with a different Premier League team. What are your thoughts? Yeah, there's been mixed. I haven't watched Arby yet this season, to be honest with you. There's been mixed reports about his play, and Philip Cock who is the manager as well. My worry about Kieran Dahl, as I watch him, he's got ability, he's definitely got ability. The game just seems to drift past him unfortunately, and some games he's grating, and he'll produce some moments of magic where he bends in the top corner, but then there's some games where you just don't notice them wrong, and consistency maybe is a key for him. He had a really great season on loan at Forest for the first half of the season, and unfortunately he changed managers, so Kieran could come in and obviously change it to a defensive system. Ever since then, he's been really inconsistent with 40. He had it one good game for England in the 21s last year, followed by an average game, and that's the story of his career so far. I hope he can have a career somewhere. I don't think he'll be able to have it. No, I don't think. Have Toffy TV inside their access? Yeah, it's called Patreon. Loads of inside their access on Patreon. Good shows. Only the ones you all run. No, it's fine. Ryan Hines says, anyone else notice we have more attacking intense since Bow and Morty joined? Potentially. He was quite a highly rated coach, so I hope that is the case. Maybe Mark was the fair term slightly, and asked him to do two different methods of training. Seeing that, his old assistant coaches started really well with his family coach in Portugal. Yeah, top of the league, so go for him. Someone just mentioned something. Oh, Martin Edwards said, just finished a handmade tale. Superb, get on it. Finished it, really good. Last episode was superb. Last two episodes, the last three episodes were brilliant. Good actor and actresses as well. I like it, but the fact that he's a Scientologist. I said this to me, Mrs. I said this, it's weird innit? You think you like to copy well SPs and stuff like that? It's a press of person.  You get fooled by comic book storylines. It's weird. She's a good actress though. She's a very good actress. She started in the West Wing of Gold.  Alfie writes us what Liverpool University like thinking of going to uni there, but I need some options. Listen Alfie, I've got no idea what Liverpool uni's like because I've never been to uni. There's four universities in Liverpool. I went to two. So yeah, and I didn't finish either one of them. Liverpool's a great city to live in. I was going to say what I would say is Liverpool's just an amazing city to live in and I imagine that's the difference. I imagine a lot of schools have the same kind of educations but Liverpool as a city is an education of time. City of life isn't it? Honestly your life will be just elevated by living in city especially if you're never Tonying because you get to go to the game and stuff. Plus Liverpool uni's a red brick university so that's a good place to get a degree from. Let's get on to Peyton. He says, do you think social media is a good thing for football or do you think players should stay off it? Wish I'd stayed off it in some cases now. I stand like Stato is on my case today. But I think players, it's probably not good because it gives probably a voice to there's obviously the majority's fine. It's just a small number of people. I don't follow any footballers on Twitter. I find them to be the most boring creatures alive. It's all commercial isn't it? That's why I don't follow them.  They probably have accounts that don't have their names on them. I know Leighton Baines has got a Twitter account. A bear and an account? It's like it's got one on Instagram and I won't say what it's called but it's got one on Instagram where all it does is take pictures. Now if you've got a Twitter account and you don't tell anyone what it is and you don't make it obvious you and you keep it private and you only follow people you want to follow and then do that. I'm not saying you should because they should be able to do what they want but I think they're a soft target but you're the thing that don't always get as well as I think if you've got a football and you've got a verified account and you've got a verified account I believe like most of Twitter now you can limit what you see and I know that doesn't make it okay but if someone you can make it so you don't get any notifications effectively you can mutate it. You can tweet and see what you want to see which is effectively what you can do on Twitter anyway but Kevin Geranti, NBA player got caught and he had a banner account and when people criticised and he was using a banner account to criticise them back not under obviously sued them they come off poorly really for him. I get that in terms of like other players and stuff and I know some sports are a lot more open to criticism in terms of each other football's not like that but the problem is there's no one who's going to university like if you look at Messi I'm sure there's people out there who don't like Messi and would give him abuse so that's just the problem isn't it really should be used for good not bad. As Taylor Swift said, say it in the street at a knockout say it on Twitter it's a cop out fair enough you know what I mean and if you can't quote Taylor Swift on things then what can you quote do you know what I mean it's just sad Gary Waters, Hardy anyone in America what's the weather like on the east coast Baz will be trying to get home today at some point so let us know Ragnarff says I don't think people should take online abuse as seriously as say abuse in real life like the Rangers fan to Scott Brown anything violent serious should be ignored I feel if at least it's online I think if it's online and it goes over the it goes over the line I think it's up to somebody to do something about it you can't just let it slide but I think the players themselves maybe shouldn't get involved maybe Teddy Cook even lads where do you realistically think the club will be when we move into the stadium is top four out of the question no it's not I think there's a potential there if we keep building keep making smart decisions on and off the pitch then we get there it's momentum to build momentum Russell Smith says I can't watch live today sadly but I'll watch live later but if you're watching live later then you are watching now therefore it won't feel like it's later that's my answer in your question are you looking forward to the new Star Wars and can you rank your Star Wars movies yes and I'd say my favourite obviously is obviously Empire Strikes Back always is the way and again Rogue One is pretty high on my list no it is it's not better than Empire no Empire is one then probably Retainer of the Jedi and New Hope and then Avenger the Sith and then the rest of them a bit but I like the new ones are okay I'm going to say Empire New Hope Retainer of the Jedi have you ever mentioned any of the new ones there the Force Awakens there's a good film Rogue One ooo Conch Avenger the Sith is pretty good or the new one was the last one called let's have a think Skywalker I'm trying to think do you know what the worst one is I'll throw the Phantom Menace up high because I still think it's got like a wonderment to it because it's introducing these characters Attack of the Clones is right at the bottom it's absolutely garbage especially if there's a Yoda fight with Count Dooku the last the last one solo Avenger the Sith Avenger the Sith don't know I don't know it's tough isn't it it is but what I would say is that Rebels and Attack of the Clones are better than most of the films Rebels is amazing Rebels is amazing if you can get over the fact a lot of people can't get over the fact that I take a cartoon so they feel like a kid watching it if you're into Star Wars you've got to watch Rebels it's so good it's like the proper it's like it makes you it's like the thing that you fell in love with Star Wars for all the layers of like the lore and stuff like that and that's what I like about Rogue One Rogue One introduced a lot of that a lot of that stuff that you don't hear mentioned and the Jedi being like more than just like Jedi's people who don't have the force can still be a Jedi but believing in the Jedi and it being almost like a religion and also Rebels introduced a time travel to Star Wars so Yoda's keeps going back in time isn't he telling him we've got to go back Yoda we've got to go back it's Anakin it's Anakin Yoda someone's got to do something about Anakin he's just killed his wife I'll take the breaks after people always say like well would you kill Hitler as a baby would you have killed Anakin as a small annoying child Palpatine is the issue Palpatine is the puppet master but you know the real issue is he back in the new film? you know the real issue is don't you Jaja he's the real issue and that's not because he's annoying have you seen that youtube video where they basically say he's the potato? because essentially he opens all the doors to let Palpatine in Nigel Andrew says even the lads have just finished watching Sundra until I die I can't believe they had so many of our old plays and they're the same we're seeing that's where they look at the plays they've been scouting and he brought him a picture on the list it's just sad I really should have been sacked on the spot for that it was so sad and Martin Bain could really do right for do it because Coleman tried didn't need to be fair and Kid Siams really did try I've got kids just goes to show how much trouble we were close to being in I mean just because I'm not being funny but I think two teams could have exactly the same players and it could have completely different results but if we went down say them early Moise years do you not think we were in financial dire straits because we were a big club I think if we went down now we'd be in sweet people fair season would be alright after that if you don't get up it's hard Joe Maxxer is your favourite movie scene and I'm like damn it's 7am I'll just use the one that comes to my mind really quickly I'll say the opening of Godfather where everyone's asking for a failure on the day of his daughters wedding and Johnny Fontaine comes in and he's like going I didn't get the role and he goes that's Fanchinata isn't it it's Fanchinata it's Fanchinata and that's why Fanchinata had a touch of Samuel Jankana well yeah he also got a JFK Marilyn Manson Marilyn Monroe that would have been a completely different story I tried something interesting like comic book Marilyn Manson who was back inside I'll tell you what scene I love he didn't quite understand my love but I absolutely love the opening scene to the born identity when he's in the water and you just see the life flashing and you get the music in this is how much I'm obsessed with the born identity I might just grab your arm and flip it over now this is how much I'm obsessed you'd have a job but go on so me and my missus went to Amsterdam for 24 hours we didn't knock on any windows quick 50 hours we went for 24 hours right it was a weird 24 hours and it wasn't because there was any drugs taken it was because when we went I had no sleep I literally didn't get into the hotel one was early flights I'd had no sleep, got on the plane couldn't get into the hotel I was literally walking around like that literally so I had a couple of hours sleeping then we went to watch Holland vs France where I had an evident tracky top on and Stechlenberg let one right through his hands I was suddenly like anyway the next day we jumped on a train to Paris and all the way there I just had my phone on the thing just playing all the born identity songs because that's what it felt like it felt like being Jason Bourne I would also add in when the first time we were seeing the Arjones and made us where the fella pulls the gun the whip and the camera zooms in he's seeing me for the first time it's very good there's a lot there's a lot of opening scenes I just really love the born I just love that music I love it, the beginning and I love it although I don't like them when they start messing around with the Moby song I just don't I think they should just have the original one Straightways are back again they just I have listened so much about the born identity now will we move on I even like the jag born identity I do because it's set in the same world and there's going to be a new series called Treadstone which is set in the same world I just love the born identity if the born identity is on or the born supremacy or the born automaton I've got to watch them you there with the red bag get them and throw them and then just boss I love it born identity watch your kids honestly I love it I love Paris as well so it's boss really steady going there you go Gary Ward says but you didn't think you were getting that Gary Ward says the hurricane is still just off Florida coast moving very slowly to the north hopefully it doesn't do any damage Baz was supposed to fly 7 o'clock Florida at the time and he's now flying I believe a quarter past 10 Florida at the time I've told myself she's back for Monday I don't care there you go Jack Collins says excited for the Mandalorian trailer looks solid I haven't seen the trailer yet that trailer's solid Pedro Pascal playing him isn't it he's a good actor apart from one of the worst scenes ever in the history of the world which one? Game of Thrones or is the Viper you know what happens don't you horrible that is a scene oh he's doing well he's cutting them down to size that's a scene with it it's pure heaven pure heaven he's doing dead well he's starting to get cocky and then all it takes is that one thing and the game gets turned it's pure heaven that scene absolutely pure heaven Jack Collins says apart Andy has great knowledge and facts on point apart from calling the Premier League the Premiership but it was only the Premiership for two years was it? Yeah when it went to ITV went to ITV and got you too it's a beautiful day it was called the Premiership title when it went on ITV the Premiership needed a longer thing to fill in the bottom of ITV it's a beautiful day my mistake is the Premier League I apologise people still call it that people in the high echelons of media still call it that they also still use that terror badge that we had for one year like one year we had I had seen some of the flag some had a flag in the gladder's street on sunday I couldn't care less if it was a small child I was going to go over it and rip it off them and beat them across the edge of it we had that bad for one year one year and I still the Americans love it then the nacy rhyme one this wasn't as bad as that leads badges they tried to do with the play which doesn't get mentioned at all it doesn't faux pas so much just that they haven't brushed my ear my ear is on absolute point it looks like a brush the royal blue that's a pith of bickering about who partners pet we're trying to give them away we're not trying to partner them this is the difference assassin DJ says pith is the best thing to have on to toffee tv it's that fab or a bald brand when did superfast bald band happen to toffee tv that's superfast bro band assassin DJ peds trim looks fresh you don't know what that means you don't know what that means it's like that's nice but that is pure character assassination isn't it well if you like your head someone put a picture on me on twitter and it was me into the match reaction after I got before and the tagline on the bottom was we are going down honestly I look like an extra why did you say we were going down oh I thought we were going down oh yeah you can say that now check the tweet we were terrible we were terrible honestly I look like I'm in a zombie film talking about 11 I look vap but I'm not a zombie yet I'm on the train like the woman in blade after she's been bitten I've left the fridge door open and I'm on the train honestly it's horrendous I look horrendous I am on my way Keith Palsers it's okay nice to see you on the paper thank you Keith Joann hello Jo says have you seen the ridiculous ultra into ultra statements on the car we have and we've mentioned it on the footy show for anyone who's on patreon and if you're not get on patreon to watch our discussion we're not going to say it now because we went to the paper it's disgusting imagine Evertonians coming out and going yeah it's fine that you've just got racially abused because that's how we stop opposition teams when they come to Godderson path it's pathetic I don't even want to talk about it it's not even it's 2019 but we're literally just about to hit a new decade are these people on edge cases? are they just thick? no they're just Italian they're still thick people in this country as well so right right okay so can't think of a effa name we had a little chat last week on a live show and he wants to continue this with you he says worry off or at Andy Stort on Pennington I personally rate him and think we shouldn't have loaned him out he's not a premiership footballer he's not a premiership footballer he's going to be good in the championship I think I know a half of the championship but he's just not a premiership footballer Premier League it's not the reason he did okay when he came in to the first team I just don't think it's going to happen for him too slow you can get away with being slow if you're really sharp he's just not really sharp as a way this is not there he's not good enough I've always been a player for a championship team I consider them definitely he's a good player he was 37 when he left he's going to get a testimonial every summer will he do it will he do it Shuri says when are England even playing I never know I don't even know who they're playing I think they're playing saturday, friday, tuesday I think I'm not watching her Caila Ruddick says hi guys Angus says if you could relive any game from the past or essentially what he's doing he's going full share and he's saying if you could turn back time no he's not saying if you believe that he'll love that love I mean that's literally not what he's saying I mean you know what I mean he's not going shh it's in his cares that's where it is that's where it is, oh yeah that's where it is, oh yeah that's where it is, oh yeah that's where it is, oh yeah Steve it was the age now it would be even better when I was a young kid but the cars, the derby that was one of the great days in the stands I've had when Rooney came back that nice when we beat them one the whole fair I imagine you're saying relive is in a game that we've already been to I didn't go to the Rotterdam game because that would have been true that's fair, it's true because dad would have been talking like a six year old round I know that wasn't happening let's be honest let's be honest if I could go and watch any game I think everyone involved in I don't know if this would be the one but I would love to have seen Dixie get his sixth year and just see what the reaction was because we look back on that and we're like Dixie Dean knowing it and I would like to have seen what people thought if they understood because the year before there was a Leeds player who scored 59 she broke the record a year later Dixie broke it a year later so I would wonder if people would understand whether it was such a big deal what he'd done I'm not buying in the semi though I'm under the lights I mean Baz was 37 when he went to the buying game it's my age now almost he's not watching no one's going to tell I'd love it if he was watching being away for three weeks and hasn't watched the tab hasn't he been reading emails hasn't he been watching emails he's literally just been like what's this thing about the athletic nothing we haven't got to do with athletic love we're going to LA come on it's on the athletic are we going to be getting any more interested now we'll talk about it if you want to speak to Michael Cox I'd love to speak to Michael Cox Michael Cox is a tactics writer he can get Raffer you can talk to all these people Owen Parks hi Pead on the thought of tuning for the change I mean why is there a change I said that you enjoy this right I mean if you want listen keep writing Owen they always want more you're only allowed to come on this channel it's a low blow it's a low blow it's a low blow come on Owen you're a big boy now you're in big boy pants and they grow it or let it go one of the other so you've seen a handlebar on that one I want it like I'm going to take you to a game bar I'm going to take you to a game bar electric six when was it about 14 years ago it was my brother in a little tiny town in Ireland and we went to this place and they were like we want to do karaoke and they were like you don't want to do karaoke they thought we were going to this karaoke bar it was going to be full of bikers there was no one going to mess with us so we were singing and I think we were singing a queen song I think it might have been Bohemian Rhapsody and somehow I mixed in game bar and it was like what can I take you to a game bar and honest to God I know it's a different country but I felt like the DUP had come down I wonder why they had like crucifixion marks on your hands it just bit me it just put hands on me but it was boss I used to love electric six the great song was in a song called fire in the disco fire in the gates of hell sorry I've blown your ears out haven't I got good sound today haven't we you can tell John Wood says Delfa's boss he's a bit he's very good in that game so Bobaio numero uno says let's get silly that person for the left foot of the wing for the left foot of the wing he's fantastic man he's been interested in this old sanny which I think Bayon are going to come back in for sanny in January so you may still see him there he's a very good player he's a very good player because obviously Bobaio usually pick off all the best pass players something Mal Young says have you seen the classic episodes of the likely lads where they're trying to avoid the footage no the likely lads are the ones who never spoke after they finished the show what happened to you whatever happened to me what became of the people we used to isn't that weird because I didn't I know the Libertine song what became of the likely lads for Bayon it was two fellas James Garner's one of them isn't he James James something basically it was like something that could never happen now they would just try to avoid the score at all costs of this game I mean if they were any kind of fans they would have actually you know don't watch the game but you know the new castle fans so there you go Greg Lever says hello Greg that or that I'd say Greg Sand Greg Scout XD that's Joachy in Mail and Alexis Salamachas they're both right backs who play in Belgium both would be good replacements for Cormann Mail's a big athletic strong right back who gets up and down the pitch very well can cross and pass Salamachas could be a top right back I think you just need to pay by company though for some reason why are you making me read names cos I can't I'm terrible pronunciation so I can't even say pronunciation I just bit me a little greetings from Black Rock Sands Wales see you started that like you were literally like on pirate land but now you just said Wales what would you prefer moist managing Silver's current squad or silver managing moist's best squad that's so hard isn't it I don't know I've got warmer memories I guess cos we spent long with David Moy so you had inclinations to go with that I don't know it'd be interesting to see what Silver got out of an art setter and out of a peanut and a Landon Donovan and maybe cos maybe we would have took the brakes off a little bit cos moist could be quite pragmatic at times but you can't criticize you can't you can't you can say you should have done certain things but at the end of the day it's what's done is done Graham Finchers I was at the buying game I was 13 you looky so and so I hope it doesn't define our generation the buying game they really don't do you know what it's sad that like Europa League we should have probably really done better against the animal the art setter game for Valentina was the closest we've ever been to that do you not think the closest we've ever been was against the animal cos we just blew the second leg no no because it turns out for Valentina well I think art sets is the best game for them I went to the away league in Valentina it was horrendous in the art team you were flanking and then the home game we were brilliant on the art setter go never had I've never had noise I've never had noise like when the art setter go in and also at the time I've never had noise when the team came out against Villarreal the noise was unbelievable like literally I've never had anything like that before in my life and I don't listen other clubs can say well it's like that every week or whatever but I've never had noise it was like the place crackled it was so loud no no but this was the beginning of the game and the noise just crackled for so long and it was like people would just put put everything into trying to get everything into the championship cos the fans knew that that was our moment you know they're the gamers cos you end up at the sore throw for a week after the course it was weird though cos it wasn't like like it wasn't people singing it it was just noise anticipation it was weird it was such a weird thing girl I wanna take you to a gamer errrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr who's the most famous person who isn't a footballer you start at that who's the most famous person who to footballer you've met? minister it was man united game where Chris Eagles and Ronaldo came on we beat Sut ydych chi os yw ffordd y ti. Dwi ddod cael eu cymdeithas i él. Met Stief Calzaghe. Stief Calzaghe. Stief Calzaghe. Met Stief Calzaghe? Met Stief Calzaghe? Met Ileadol Ileadol Oeddon? Met yma Alice Andro Pistoni yn tleidio i ddiwrnod. disturb. Tom's got a bit of ace, you sure it's got it at the moment, isn't it? I've been within, like, five foot of Everstone. Well, I walk past Gordon Ramsay and I was like, Oh, is that Gordon Ramsay? Well, it's Gordon Ramsay. We bumped in, well, I say we bumped in, we chased after, thing deal with Robert's bagby. Oh, Robert Carlyle. Robert Carlyle, he was in the other dock in the summer. Francisco Bagby. And we walked past, I was like, that's big. So we walked up, we were going to a shop and we walked back and he was there and said hello to him and then... That's a great scene where he tells the story of the pool and one version of it, he's fantastic, a pool. The other version he's won't go over and can it a ball.  No, don't. How is Baz, hopefully on his way home? Small. I'm allowed to say that. I like Baz.  Is it a big question if Daniel Hignett has ever seen a baby pigeon? No, everyone says that though because no one knows what they like. It's a good question. Back to the future has been made. That's from Brian Hine. I don't know what that refers to. It's what I like to do when you watch films. So, for example, obviously Tom Cruise is Ethan Hunt, but when you watch Maverick, do you think Ethan Hunt is Ethan Hunt? No. It's funny to think about it. Yeah. What? What were we talking about before? Oh, God, not the bone items thing. No, the Royal Blue says that the Pacino denero scene in the cafe is a good one from Heath.  We were talking about Heath before because Billy hasn't seen it and honestly we were going to beat him when we were going to beat him with an inch of his light. We basically ruined it for him because we just... It's great. It's a great film. Tom Hiddleston did a great impression of it one time on film. Apparently I just waffle on about Star Wars, says the person who waffles on about Pennington. At least Star Wars has got some substance to it. Did you think Star Wars would make it in the Premier League? Well, quite a lot of money behind them. To be fair, anyone who's moaning about us to have more films, if you can give me something to talk about in terms of football.  CGI Aliens ruined Star Wars. It all started with Jar Jar Binks. That's from Brian. Well, they're all true because then, because most of it was puppets and stuff in the first film. Wasn't it? Did you have a hunch? I'm sure this slide is Pennington's agent, or related to him, or is Pennington. Sabeddo Bayo, número uno says episodes one to three are super underrated if people are putting Rogue One ahead of them. They're not super underrated. I love Rogue One. The problem with the three, the episodes one and three is they look terrible. Therefore, they're unwatchable because the special effects are so bad. Like so, so bad. You can literally see that it's a cartoon behind them because the graphics are so bad. Do you hear me? At least if you make leaks with the originals. It's all practical. I think that Jesse Park still stands up from the couple of years before. Jesse Park still stands up. Even the CGI stands up.  Well, George has got a lot of money. He can do what he wants really, can he? You can ask him. Have you ever seen an American graffiti? No. Go film? No. I don't even like English graffiti. People stop asking me where Baz is. I've said it literally every show. I'm just like me if you want Baz back. Ian Clark says the scene in Inglourious of Beastardos when the SS officer played by Christophe Waltz eats strudel in the cafe. That is very good. It is very, very good. He doesn't need to shush on that. The stars of that film are superb. We talk to him in a different language. He gets a big bite about it. It's great when he's talking and he's like... It's that thing of like... He's done it actually very well in Django as well when he's telling the story and then he ends up shooting Leonardo DiCaprio. The thing with it all though is that's like Tantino's main... I watched one time at a time in Hollywood recently. The dialogue's fantastic. It's the best rights for dialogue in Hollywood. Samuel Jackson's best roles in his films because he makes Samuel Jackson cool. This was one of the big things that made Pulp Fiction as good as it was. It was talking without actually having to go somewhere with it. People have conversations. You don't have a conversation with it and it means that you based out the room to go and do something. Like a Royale with cheese. Exactly. People just have conversations about nothing. Like we're doing now. Other people find that entertaining. A conversation in a film doesn't have to get you from A to B. It can just be a conversation. Actually what's so clever about those conversations are is they do take you somewhere but they don't take you somewhere until right down the end of the line. Will you explain why Marcel as well, his wife's... You don't want to take her out on a date? No, because she... Is he giving a foot massage? It's not the same ballpark. She tries to snore head and would... Yeah, it's a great scene. It's not a great scene for hair. It's a great film, let's be honest. It is. I mean, I was once watching that film in my mate's house. The game scene? Yeah, the game scene. And his mother, my mate's mother, was ironing in the room. Did she not ask what was going on? Were these samurai swords the game? I mean, that's not the moment I was... It's clear, thank you. Lewis says, I know he's gone now, like... That's what he's actually written, like... Nice. But wouldn't the lassage have been perfect for a four, three, three silver one to go? Yes, he's a good number eight. I like the lassage. It's a shame it didn't work out 11, but if the match's not willing to use it, there's no point in keeping him round. It wasn't good enough. Do you think so? I think it's a very good plan. He's not good enough right now. Fair off. He might be good enough in three years, but he's not good enough right now. And the same goes for Matty Pennington. He's not good enough right now. He might be good enough in four years, but he's not good enough right now. At the end of the day, it doesn't mean you're bad player because you can't play in the Premier League. No, it doesn't. It doesn't. Because at the end of the day, some leagues are suited to be... Like certain Greece Italian players wouldn't have been going in the Premier League, so, you know, Maldini might not have been going in the Premier League. Slatham was an amazing footballer, but he didn't see Pep Guardio's Barcelona. No, he didn't. That's just the top and bottom of it. Exactly. Dean's a great footballer. He just didn't see a possession-based football at Barcelona. It happens. Can you please stop going on about Pennington? Please. He is not. He is not. Right? He is not good enough. He's not good enough. Lewis Gibson. No, that's the one to get behind. Yeah. Unless he leaves on a free. Carl says, do you think that when Gabamon is fit, he will walk back into that team? It depends what we're doing at the time. It depends on the game as well. If Silver feels that he needs more of a sitting six in a certain game, then yes. But he's going to have to earn his place. If Delph and Gomez have no problems playing together, you'll probably see Schneiderland any way before that I've done all the problems, but we'll see. You never know. Can you bat in the day we need competition? We do. It doesn't, you know, forget all this best 11 nonsense. Joe Max is any update on Nick Knowles' weapon? Is Nick Knowles' weapon? I'm not a big fan of Nick Knowles, by the way, I really don't like him. No, I think you've missed this from, in any other business, we start conversing. Nick Knowles, apparently, is... You don't see well on Dad? Yeah, famously so. Well, do you know what?  I'll put it on the effect. I've got the problem. Before I came out, before I was watching something on BBC One, and it was about, like, accidents that nearly happened, and honest to God, he chatted for 10 minutes about this woman who, in the door, stepped out while it was a red light in the car door through it nearly hit them. Honestly, 10 minutes. I find it quite creepy. Like, he slivers on the floor towards people. Is that... Is that where daytime TV now is with the BBC? Yeah. But basically, they're trying to get the blame play and he's going, yeah. Jack Collins says, what on these joe? I've got £10. He is a professional poker player. Oh, don't play poker now. I usually go out with two pairs and poker all the time. There's been eightels all year. My job currently is I'm working as a scout for an agency. I'm also working as a scout for a club boss. That should be announced soon, actually. I know what club it is. Oh, don't start with that. I'll be asking you. Well, you know, because I don't care, but we'll come. I know what club it is. Thank you. I know the players. I know the players who bring them up when I ask them for signings and I go, no, don't tell him. Don't tell them. Don't tell them about them players. John Maxx is the dinner scene in Django and Changes up there for me. It's great, yeah. When he cracks the skull. Yeah. He cuts his hand. Doesn't really have to continue. The three dimples. That's phrenology, isn't it? No, he's like, the three dimples. And he's like, you know. Simpsons again. Phrenology was considered the science of madmen. Mr Burns. There you go.   I want to ask you a question now. I know I'm going to go up. James Garview, watch your view on the city game. In what way, James, on what way are you trying to say you don't want us to win it? That's what you've been suggesting for the last few weeks. I don't want us to win it. No, it's a tough game. It's a tough game. It's been a few weeks. I'd like to say, if we lost 1-2-0, I'd like to see us show tactically that we can stay with teams like Citi. I've given the problems. If we're good enough to beat them, we beat them. We have to start living our own lives and stop living the lives of other people. It's very prophetic. Hailey Lee says, Zoomer back to Everton next summer. Alex Golding says, Zoomer is getting some poor comments at Chelsea. Another gang of video fans. What's changed? Racist fans. Luke Gates says, Wobe is an absolute baller. Was excited when he signed him and now even more so. I'm a big fan of Wobe. He's a really good player. If you looked at him last year, you could see at 23, he's going to become a really good player. ESC lad says, Pennington is 24-ped. He is never going to be good for this level. No. I wasn't arguing. I was just trying to smooth that lad.  You don't want another gilfy sigur in a situation with Iceland statics. Literally every day. I was just keeping it smooth. And hate on me. So you don't want another situation like that. Let's be honest. Tom Wall says, What age do you think people are allowed to use social media? I'd say 16. I think that's probably the best. I would have hated it when you were in school because I think it's been a bad tool for bullying, I think. Obviously, I haven't been in school for 20 years today, but that's wrong. But anyway, even so, I don't think it would have been good for kids in school. That's good when you were 30. This brain, this brain, this brain. I forgot both ways. No, I left when I was 18 because I left I did sixth form. Even so, I just don't think it's a good thing for kids. Best movie scene, Dennis Hopper and Christian Walken in true romance. I could see in you. Is that with the mask like that? I think so. Was that something else? Richard Dreyfress turning mash into a mountain is a great thing. That is great. Is it very on the rate of film? Is it very on the rate of film? It's the one you have to sit with because it's not like something that's happening every second. Yeah. Time, it was ahead of its time. It really was. Lot like back to the future too. Stephen Queen was supposed to play Richard Dreyfress wrong. I tell you that. He died three years later, yeah. I have gone to. Great actor. I love Papi on, by the way. Niko Walton says, nothing can be as bad as Batman vs Superman. I tell you what is bad as Batman vs... The Hulk but with the angry Hulk for two years. Have you seen Geostorm? Oh my god. It's terrible. You know what's so bad about it, right? Right, it's like a big movie. But you know when... You know what's like English programs when you have like an American and it's clearly an English. Doctor Who used to be really bad for this, right? We did have English actors trying to be Americans. But you have this terrible like transit. There's no localised accent. It's awful. And that's what... So everyone in this film is English by the way. She was brother responsible for Americans. Her brother! Have you been to that space station? Howdy, partner? It's so bad. What else have we got? Gav Leever says, Stranger Things question mark. I don't know. Big fan, big fan, big fan. Batman says, Ped vs DT and his massive forehead on KSI undercard. I'll take that. I'll take that. You don't like DT, yes? Oh my god. I'm not a YouTube fan. He's from Arsenal Fan TV, right? No, he will. He's forehead is honestly that big.  He's an absolute dickhead, right?  I'll definitely beat you in a minute. I went down and played the Game of 40 against Spencer's team. I'm standing on the line and I'm looking. Robbie's like the manager. Yeah, honestly. Robbie never puts his hand in, does he? Honestly, yeah.  And he's on the line. I didn't even know who I was and he's going, put me on Rob, put me on Rob. Oh, you know, I'm going to do this and do that. And he got on and he was just like the... Is every team on Arsenal TV anymore? Honestly, God, he's the best. His live run on, two-footed someone. And then he run on to start a fight. But the live he's got two-footed and it was just like this was a nice sound game. And you dickheads, and your giant forage have made it into something it's not. And he's just a... So you're saying the corner? Oh, his head. Honest to God, mate.  Honestly, and his head never went back into shape. It's ridiculous. It's honest to God.  Everything leaves them all to me. It's like that. Big pointy shoes. What's your favourite Beatles song? Oh, I like questions like this. Do you know what? It always has been probably day of my life or in my life, sorry. But my favourite at the moment is Something by George Aras. Something in the way. I went to see McCartney last year and it was a bucket listing because I was like I want to see the last remaining living Beatles. Yeah, because he is the real... He's a drummer. He's a session drummer, isn't he? He's not a Beatles, he's just a fella who played the drums. And it was just like, it was magic. It was absolutely magic. Honestly, the days afterwards I was like I couldn't contemplate it and I felt like now you're going to cling on to a moment.  I was like, not being funny right in 300, 400 years or whatever. The Beatles will be like will be regarded as like Mozart and Beethoven. How many people have wrote that many great songs in the short amount of time? The ability to see one of them live was something I just couldn't miss out on. I'm always interested to what the next album would have been like after obviously the finish because that get back song was quite country, you know, folky. I would like to see it. I remember when we went to Rangers a pre-season. We got upscored, we tie-scored, it was a boss day. And we just literally went in a service station on the way there and both the Beatles number one type and just it was just all the way there and all the way back, just perfect. You couldn't essentially live a pool, isn't it, the Beatles? Rodney Buse and James Bowlin were the likes of it. They never spoke after they finished the show. Fell out. What was his name? Thelma Pet? Thelma Pet? Ian Clark says, did you know when Dixie scored 60 it was 20 with his head, 20 with his left and 20 with his right. But you know he did score like 80 on that season, don't you? 60 was just in the league, he scored like 80 on all together. That's never going to be beaten, ever. Steve Hardy says, breaking bad movie, do you think it will be fantastic as the show? I'm hoping it won't be a left ban. It's going to be hard to build the same level of suspense but because you've already got a fan base built in what we've all got for it. It's very easy to be like, it's easy to be out of tennis in it because we love the series. Oh man, this is a bad one, this. Why? Domingo's 1878 says, buying game was the only home game I missed that season because I fell it took off over nothing. Still not forgiving him. That is horrendous. I know. Have you been to Rotterdam though? It makes up for it, I guess. Oh, Parkesers, I appreciate the shaving advice. We haven't got a shaving sponsor, unfortunately. I couldn't have a shaving partner. Why would you have a shaving partner? Well, I need to get some of mine. I've got a wedding on Saturday. Three cousins. EFC latter, that wasn't McCartney, that was his replacement. That's true, if you look at the shadow on the Abbey Road. I didn't hear that. I know that until like a couple of years ago. It's like the ultimate worry conspiracy theory in it. Leanne Tulsher says, Ped is the Michael Owen, Leanne Osmond, a football YouTube. The pivot is intelligence and informed. Ped just goes along with the last opinion he hears, swore down, Schmeichel was moving to Chelsea last season. I didn't... That wasn't an opinion. She's just baiting you there. That wasn't an opinion. That was my opinion that I created. Why do you think he was going... I thought he would. Why would you pay £72 million for Keppie at first? That's a lot of money. That wasn't someone else's opinion. I think that was quite a common thought at the time. Leanne couldn't have... I can't really watch many of my shows if you think I go along with other people's opinions. It's nothing wrong with that. I very much do not go along with anyone else's opinions. Ask Baz, would I have a mental? I very much have my own opinion. This is a fantastic question. Guru Galli says, use your favourite serial killer. I'm sorry, right? Miguel from Kelly listens to my favourite serial killer podcast. I can't deal with that. You can't have a favourite serial killer. The one I find most intriguing is Ted Bundy. Jeffrey Dahmer's fantastic. They're intriguing. He can't be favourite though. It's a weird thing to say. He has to be the creeps. Dennis Reid is a BTK killer. He's quite interesting as well. Manson? Manson's very interesting story. Richard Chase, the vampire of a Sacramento, another interesting character. Dave Beckham. I put myself on the serial killer list by knowing all his names. I'm a fountain of knowledge, some would say.  The fire in Living Let By giving me goosebumps. I think he's someone at the gig. Cos at the gig got like dancing. Do you know what's the problem with Living Let By? X Factor. Nailed on anyone who'd be doing that song. You know what the problem with that statement was? Yeah, you watched X Factor. But even if you watched two series, it's still... I don't watch any series.  I don't watch strictly. You take your whole style of acting tech from there. That's about £10 million. That's bad. He says it is the best. No, that was brilliant. Cos it was proper. Everything just blew up. It is a great song. Do you know who's the best at doing that, though? Axel Rose. Don't start me mate, does this. Covers are the best. I'm just saying.  He wore a bandana. There's ginger there. I had a check shape wrapped around his waist. I'd just like to take me to answer the paradox. Take me now. Take me now. Take me now. Do you not come in and come to me? I have Watchman until I just have more to say. It's good. Ian Clark says the original is still the best, Jack the Ripper. Very interesting, yeah. Jack the Ripper was supposed to be a scouter, called James Maybrich. You know how many different people have been Jack the Ripper. You know what Jack the Ripper was, don't you? Bill was probably Jack the Ripper in his previous life. Bill is going to look up and say it again, let's be honest. He doesn't speak much either. He doesn't have that look, does he? Joe could be one. No, Joe's too loud. Also, he's got his fingerprints very well. While he was mutating them, he'd ask them questions. He'd ask them loads of questions. Do you want me to laugh at this one? Bill, it's just like... No, well, Jack the Ripper, he's one of the Royal Family. Yeah, or a real surgeon or something, yeah. He was definitely one of the princes. Prince Albert's brother. Prince Jeff. Zodiacilleth, go film that. Great film. Zodiac's a great film, 2007 film, yeah. I've only seen that recently. Robert Downey Jr. is fantastic. Yeah, really is good enough film. That was when it started coming back then. The Royal Blue Warriors come out to play. Great film. Warrior! Can you dig it? Can you dig it?  I feel a pain, I really do. That's why I don't use Facebook.  Why do you just... I didn't get that many likes. Why do you just leave it? Because why should I leave it? Why should my Facebook be infested by all these rats? Why do you follow them? I don't follow them, they follow me. We'll just get rid of them. The Royal Family. Instagram's the worst. Kid in the uniform. Kid in the uniform. What Instagram have you got? It's cut the feed. I'm like, hang on, what's going on here?  Not your kids. Glad you clarified, thank you. You better have stands up. Have a get a ratchet. I've never seen Seven Psychopaths Michael Wyn Stanley. That is by Martin. What's his name? The fellow did three boards out at Billboards outside of Ebony Missouri. That is a good film. That is a good film. Fargo is a great film. Have you watched Fargo on the CBC? It is on the list. Gary Ward's quality of better call, Sol, leads me to believe there's hope for the break and bad. He's a great writer. What's his name? I don't know. Is the League Cup worthy? Yes. I want to win the League Cup. We've never won it. Swindon has won the League Cup. We don't love it. We don't feel better for it. We would. We'd be crying. It would be great. I was just checking your time. I had known you about no clue of time. What time is it? I think it's about half six. It's 25 or two. Summer Wright, treat yourself on Instagram. That's from Terry. Thanks for the recommendation. Who wins? This is from Sabick. Sabick's, Rick's. Who wins AJ or Louise? I think AJ beats him.  It's not political now. It's just a money grab and rubber move by Eddie Hearn. It's disgusting. Trainers says, School of Rock when Jack Black says, Shallow. Shallow? I enjoy when he says, Let's get the lead out. I'm a big Led Zeppelin fan, so when he says, Let's get the lead out. Tom Wolchers, how is Dan Blitzen's beard so thick? I don't know, but I think Dan Blitzen's an absolute skater. I think he sleeps on his own every night.   In that candy mansion where there was well Travis Benyon, they're both liars then.  They aren't the liars. Poor Thornton says, I think a woby was bought in due to not securing Sahar, or do you think we'll be in for another Sahar sign? I think we'll be in for a wing to replace Warcock, because I think we'll sell Warcock next summer. Or he's an icon. I think that'll be the change. I don't think Sahar, because of his age and the price, will still be the same. I don't think we'll go there. But I might be wrong. I have been wrong in the past about things. I just don't see it myself. I wouldn't do it personally, but I think maybe my sovereign is the man charging. Of course. Right. What have I? Natural born killers, most on-the-vase of films. That's all right. It's all right. Prophet Township is great in that as well. It's the Australian. Thomas Long read Pochettino's book, Great Insight. He and Balagair, yeah. He's a great coach. Best football books to read. My favourite is Behind the Catern The Second World War. Mine is Bret Hart's autobiography. That is absolutely outrageously great. It's so candid. It's not a football book. But it's so good. He doesn't pull any punches. Stolster's Ringo was amazing. He played the drums, he was so unique. He played in a real passion without the Beatles. John Lennon said he wasn't even the best drummer in the Beatles. But he was an absolute villain. He's a Tory. He's a bad villain who has nothing to mitre but the city. He's a song blooming. Teddy McAllister DT is the worst novel in the world. Acts hard constantly. But when someone from the United stand off with them, a boxer match, he got his son to do it. Or to Fanny. Teddy says what people won't say. Andrew Ryan says The Force Awakens isn't very good. I think it's that great. I've been quite disappointed with these Star Wars films. That's quite controversial to staff. I don't know if you know this, but they're for kids. You watched them then? Because I watched them as a child. Anything that you watched that you didn't watch when you were a kid will never live up to it. You have to watch it with a child like that. Are you the character from Split? To watch it with a child like Innocence. Luke Gators just finished The Boys by a series. I need to watch it. I like the idea. I've read about the comic books a couple of years ago and it sounded like a great idea for a series. Tom Walsh says I'm getting peds on Goldbridge's side. I'm only on my side. I don't watch YouTube really apart from this. A couple of tactics videos as well all the time. That's just funny. T-Fools, go for that. Toll football analysis. Any more for any more. Pardon me. Apologise. I think we're done because we've got to actually go and do another video. Have we? That's why I get two videos up. We are going to say thank you very much and thank you for being with us once again on Peyton. On YouTube. I'll be back tomorrow on Peyton Live. I won't. Five. He won't. I will. Barz will be here next week. He won't get all the phantygraphics. He might not even get video. He'll probably just get time. You may get me next week. Probably will do actually. Thank you for watching and I'll see you later. Por of war. I was a throwback to cancer now then.


Hello and welcome to the session in which we will discuss the Uniform Cost Capitalization Rules or Section 263A known as the UNICAP. What is the UNICAP or Uniform Cost Capitalization Rules? Well, simply put, if I want to summarize it in one statement, tax laws, which is Congress, require large businesses that account for inventories to capitalize certain direct and indirect costs associated with inventories. Now, we should be familiar with this statement up to this point. If you study financial accounting, which you should, if you are looking at this lecture, we always capitalize costs directly associated with inventory, whether we are manufacturing that inventory or we are buying this inventory. If we are buying it, the purchase price, the cost of transportation, any cost necessary, if we are manufacturing the inventory, well, direct material, direct labor, manufacturing overhead. We should be familiar with this. What's in addition or what's new about this concept is the indirect cost associated with inventory. So we're going to have to deal with indirect cost that's going to be added to the inventory. Now bear in mind, these rules applies to large businesses. So what is a large business? What is a small business? You may need to know this. A small business is a business that has a gross receipt of less than 27 million on average for the past three years. And this number is for 2021. So if you're looking at 2025, they may increase this average to 30 million.  If they are less than 27 million, you are considered a small business. If you are considered a small business, don't worry about the UNICAP rules. It does not apply to you. So simply put, the Congress intended these rules to apply to large businesses. Why? For what purpose? Well, who wants to guess? For what purpose? They want their money earlier. They want to accelerate tax revenue for the government. How? Deferring deduction for the capitalized cost. Because here's what's going to happen every time you spend money, you incur a cost. The company will have to decide whether this is an expense or whether this is an asset. If it's an expense, it's a deduction. If it's a deduction, it's going to lower your taxes. If it's an asset, no deduction now. When it's going to be deducted, when sold, when sold, then when sold, it's going to be later. So they're deferring your deduction till later because they want their money now. That's that's the whole purpose of it. Usually there's a lag usually between by the time you spend the money and the time to acquire or manufacture the inventory until you sell it. Therefore, they get their money a little bit earlier. And the other purpose is to reduce variation in the cost. Businesses include an inventory. Yeah, right. They really want their money back. But what number two is saying is they want everybody to be using the same method. Congress mainly targeting, obviously, large manufacturers and resellers by the by the mere fact that it's 27 million. Well, I would say medium, not really large, but medium and large manufacturers and resellers. Before we proceed any further, I have a public announcement about my company, Farhat Lectures dot com. Farhat Accounting Lectures is a supplemental educational tool that's going to help you with your CPA exam preparation, as well as your accounting courses. My CPA material is aligned with your CPA review course, such as Becker, Roger, Wiley, Gleam, Miles. My accounting courses are aligned with your accounting courses, broken down by chapter and topics. My resources consist of lectures, multiple choice questions, true, false questions, as well as exercises. Go ahead, start your free trial today. No obligation, no credit card required. So let's talk about inventory and let's start with small businesses because it's important or you would appreciate how what inventory is when you look at small versus large, so you appreciate the unicap roles. Well, business need to keep track of their inventory. Why? Because inventory, whether you buy it or manufacture it, it starts as an asset inventory. Then it turns into an expense through cost of goods sold. You remember this is the matching principle. So you need to know how to account for your inventory because inventory will turn into cost of goods sold. Usually, not usually, the cruel method is required for taxpayer. Whether you are a cash or a cruel, usually they want to use to a cruel. Simply put, they want you to use the method that you are using for financial accounting. Usually it's the accrual. And what do you do? You capitalize direct material, direct labor, manufacturing overhead. If you are manufacturing this, if you are buying the inventory, well, direct cost that's associated with the inventory. Also, you do have the option of your small business to treat inventory. If it's not a large amount as non-incidental, as non-incidental material and supplies, simply put, expense when you use it or consume it. Now let's switch to the unicap rules that applies to large businesses. Well, the difference is indirect cost is being capitalized. So the unicap rules require capitalization of most indirect cost of production. That's the main difference. So direct material, yes, direct labor, yes, manufacturing overhead. Yes, that's that's we already know from small businesses. Then add the indirect cost. So how do we come up with this indirect cost? Well, the taxpayer or the business will have to classify their cost into three categories, a production cost, which is direct material, direct labor, manufacturing overhead. Then we have general administration cost, which is usually non-production. Then we have what's called mixed services. Mixed services are activities that benefit categories one and activities a category one, which is the production in two and two activities such as legal human resource department. What's going to happen here is this. We have to determine what are the mixed services? What are some services that benefit the production? And if it benefits the production somehow, we have to allocate this cost to the production, in other words, capitalize that cost. So we might we might end up capitalizing compensation pays to employees in the purchasing department. General administrative department, if it's related to production directly, even the IT department to the extent that these groups provide support of the production process. So this is the idea also interest on loan related to the production of inventory. So if we took out a loan and that loan specifically for the production, well, interest on that loan is usually in expense. Well, guess what? Now we have to allocate this interest to the inventory treated as an asset, capitalize the interest. Again, what's the purpose of this is to not to let you take the deduction now, take the deduction later when you sell the product. All storage costs for wholesaler, offsite storage, purchasing cost, handling, processing, assembly and repackaging, those are part of the indirect cost. So on the CPA exam, I I saw maybe one or two questions that are previously released. They ask you, what are some indirect costs? So basically, you have to know what is the indirect cost? That's basically what they test you on. Let's take a look at an example to illustrate this concept. Adam company is a landscaping company and sell mulch to customers as a wholesaler. So they do some let's give a word, but they also sell mulch. Ryan, a landscaper earns $50,000 for for Adam company. That's he works there. He earns 50,000. However, Ryan spends 10% of his time on purchase as a purchasing agent for mulches for. So he does part of his work is, you know, he helps with maybe contacting the suppliers, making sure we are being built properly, so on and so forth. What's going to happen is this assume Adam is required to apply the Unicap rule. So Adam is a large company. How would Ryan's salary be allocated? So how do we treat this 50,000? Well, if it's a small company, if it's a small company, Unicap does not apply, we are going to treat the salary as a period cost. However, if the Unicap rule apply, we're going to take 10% of add of Ryan's salary, which is $5,000 and add this $5,000 to the inventory, to the mulch. So what happened is this, we are deferring a deduction of $5,000 until we sell that mulch. That's what we're doing. So the government is accelerating their tax revenue. They don't want you to take the deduction now. They want you to take the deduction later. That's that's the whole purpose of it because for financial accounting purposes, you would expense the salary for tax purposes. You are only going to expense 45,000 and 5,000 will be treated as inventory, which will be expensed later. So this is the whole purpose or the main idea. This simple example would explain the main idea of the Unicap. Now you have to know what cost of that of that Unicap is capitalized, what cost is what cost is capitalized, what cost is expense for the CPA exam. What I showed you on the previous slide is sufficient. In the real world, you have to be a little bit more creative. What should you do now? Go to Farhat Lectures, look at additional MCQs. I know for a fact, at least I have one or two questions that are previously released, AI CPA questions about this topic. Go ahead, practice them, invest in yourself and invest in your career. Good luck, study hard, and of course, stay safe.


Hi, let's talk what's the difference between null and undefined types in JavaScript, TypeScript and in a lot of similar programming languages. Quietly often, you can be confused when you want to use undefined or null type. You do not know exactly how and where to use them. Undefined type means that a variable having no value or object assigned to it. On the other way, null means that an object has been assigned to the variable, but that object is null. So undefined is a value while null is an object. So you will use undefined as a value and null as an object. That's all in this lesson. Thanks for watching. Bye-bye.


O'r cyfnodau ymlaen i'r cyd-draen gyda'r cyfnod i'r cysteimlu clyweddau. Yn y cwestiwn i'r cyfnod, rydw i'r cyfnod Clywol Adamson. Rydw i'n amser y Cymru, mae'r ffordd i'w cyflogwydau gorfodigau hynny oeddeiligol i gael iddyn nhw'r cyfnodau gwazoliau. Before I answer, let me on behalf of the Scottish Government extend my heartfelt sympathies to the families and friends of three men, Sandy Hamilton, Kevin James McKinley and Stuart McLevy, who lost their lives in the recent tragic events in accidents of Dumfries and Galloway and on Loch Lomond. The Scottish Government takes the issue of safety in and around water very seriously indeed, although there have been a number of high profile tragedies and near misses in recent days. We know that there are many other people who have enjoyed Scotland's insure and offshore waters safely and without incident, but we are certainly not complacent. Sport Scotland, the national agency for sport, contributes to promoting safe recreational water activity through its national centres at Cumbria and Glenmore by developing future coaches and offering skills development in a wide range of water sports. We support the aims of ROSPA's Water Safety Scotland group and will provide a hundred and four thousand this year to its annual home and water safety programme. In addition, Water Safety Scotland is developing a Scotland-specific response to the national water safety forum's UK national drowning prevention strategy, which aims to reduce accidental drowning rates in the UK by 50 per cent by 2026. Water Safety Scotland is currently consulting on a draft of this document and I certainly encourage anyone with an interest in water safety and recreational water activity to respond to this consultation. Clare Adamson, I thank the minister for her response and extend my condolences to the families that were affected by the tragedy last week. There is to be a specific Scottish response to the national drowning prevention strategy specifically because of Scotland's geography and we know that we have of the 79 deaths last year, 50 occurred in Scotland. We have a disproportionate problem in this area in Scotland. As chair of the CPG on accident prevention and safety awareness, I work very closely with the ROSPA, RNLI and RLSS and the other organisations involved water safety Scotland. I wonder if the minister would like to visit the CPG and with the members to discuss the final stages of the response to the strategy. Minister, could you just adjust your microphone towards you? I would certainly be happy to come to the CPG at an appropriate time when we can fully discuss future actions as a result of the consultation exercise that has been carried out by Water Safety Scotland. I would encourage the CPG and other interested members to contribute to it. It is very pertinent as we come into the hot summer weather. I hope that the hot summer weather in Scotland and where people are more likely to be engaging in water sports across Scotland that we have a firm message to make sure that people are aware of the risks but also enjoy safely the many opportunities that Scotland's water and water sports can offer. We certainly already undertake a great deal of work with the Scottish Tourism Alliance on a wide range of industry-related masters. We will certainly ensure that we explore with them other ways that we can ensure that safety messages can be shared with visitors who are taking part in activities across the country. We also have our national parks website and other communications, which include extensive advice about staying safe when people are enjoying Loch Lomond's fantastic facilities. That is backed up by our emergency services, including Police Scotland. Clare Adamson One of the key hopes for Water Safety Scotland is that it will be able to cut deaths by half by 2026 in Scotland's waters. Every tragedy is a terrible tragedy for the families involved, but the truth is that, for most people, the danger area is for older males aged 60 to 69 in this area. I wonder whether the minister would consider how she might work with pensioner organisations and other organisations that represent this age group and how they might get a better water safety message across. I think that the consultation exercise gives us an opportunity to make sure that we fully explore any interested group organisation, making sure that there is age-appropriate messaging, particularly to the more vulnerable age groups that Clare Adamson describes. I think that there is also a real recognition that we probably need to be better at understanding the information and data as well. I understand that the national records for Scotland show that, in 2015, 35 people died in Scotland due to drowning as of submersion, but there are difficulties with that data that can be described to mis-described locations for drowning deaths, inconsistency and lack of information captured on death registration forms and complexity with international coding systems. The figure does not include suicide by drowning as well. I think that there is a real recognition that we have an opportunity now to kind of delve deeply into this situation and make sure that we use information appropriately, but also make sure that we use existing partners and make sure that we use existing structures to ensure that we get the best possible safety messages across the country for those who have perhaps greater vulnerabilities. To ask the Scottish Government whether it considers its decision to cut the funding of free swimming lessons to all primary school children, resulting in 40 per cent of children being unable to swim by the time that each secondary school promotes or hinders safety and recreational water activity. I think that it is important not to conflate the two issues. The ability to swim has not been necessarily a factor in some of the issues that I have been describing and discussing in response to Clare Adamson's parliamentary question. I think that it is also important to recognise that the latest funding round for sport Scotland has also allocated over five million to Scottish Swimming for the last four years, and that is the largest funding settlement of all the Commonwealth Games sports. Scottish Swimming is actively working in partnership with local authorities and leisure trusts to implement and embed the national swimming framework to support the development of swimming right across the country. It is also incumbent upon us and Scottish Swimming to include and work with local authorities who are the ones that are responsible for deciding what subjects are offered in their schools, taking into account local needs and resources. Again, I will continue to engage with Brian Whittle on the points that he makes and certainly make sure that we, with his investment, make sure that young people get the opportunities that they would like. To ask the Scottish Government for its response to the decision by the SQA to restrict teachers' access to exam papers after the exam has taken place to prevent inappropriate postings on social media. The Scottish Qualifications Authority has taken this decision in response to concerns that social media posts, including answers to questions that were being viewed by candidates immediately after the exams had concluded, causing additional stress for candidates. The intervening period afforded by the new arrangements are intended to reduce the potential negative impact on candidates. As with all operational changes, the SQA will review how this new arrangement has worked over the course of the 2017 exam diet, and in consultation with stakeholders consider whether any changes are necessary for the 2018 diet. To be clear, the SQA's rationale for restricting access to the paper after the exam has taken place is about nothing more than avoiding negative press over any errors that they have made, errors that have unfortunately became an annual occurrence. The reality is that the period immediately after an exam is often one of the most anxious for pupils, and the opportunity to seek reassurance or at least clarity from their teacher whilst it is fresh in their minds is invaluable. What effect does the Scottish Government believe that this decision will have on the levels of stress and anxiety that pupils feel during the exam season? As I indicated in my original response to Mr Greer, the decision by the SQA in this respect has been taken directly and for the reasons that I have publicly put on the record to reduce additional stress for candidates as a consequence of some of the practice that has taken place. When I looked into the matter, I looked at some correspondence that was received from parents in relation to the views and the experiences that they had arising from social media posts, not about the accuracy about examination papers but about the presentation of answers on social media that caused immediate stress for candidates in the immediate aftermath of the examination. It is for that reason that the SQA has taken the decision that it has taken. Mr Greer will know from the exchanges that we have had at the education committee that I have made clear—not the education committee here as well—the necessity of accuracy in SQA examination papers, and that must be maintained at all times. I have written to the chief executive of the SQA and made that point to her. Those are two very separate issues. As I have indicated in my answer, the SQA will look at the particular operational decision that it has taken in the light of experience in 2017 and in consultation with stakeholders. I thank the cabinet secretary for that answer, but the reality is that exam papers will be discussed immediately after the exam. The difference is now that they will be discussed for the first 24 hours without accuracy and without teachers being able to reassure their pupils. As the Government is aware, the Education and Skills Committee published a report in January agreed by consensus, which was nothing short of damming the SQA. The evidence that was received from teachers in particular was, in the words of the convener, nothing short of eye opening. It is quite clear that teachers' trust in the SQA has broken down. As the EIS has said, this shows that the SQA lacks trust in teachers. What effect does the Scottish Government believe that the message that the SQA does not trust teachers will have on teachers' trust in the exam authority? I do not see it that way at all. We need, as a country, a trusted and respected examination authority not to satisfy me but to ensure that candidates have reliable certification of their achievements. I am determined to ensure that the Scottish Qualifications Authority carries that respect among candidates and teachers. I want to make sure that the SQA works in that fashion. I have seen it first-hand and a sustained effort by the SQA to ensure that that is the case. The reason why we must make sure that that is successful is because the confidence and credibility of examination certification upon which thousands and thousands of young people in our country depend every year must be assured at all times. What confuses me here is why 24 hours? If the answer that he has given is correct, surely there should be no putting on Facebook until the results are announced. Why the 24-hour period seems to me completely arbitrary? How did the figure come up with? The SQA's rationale, as it has been explained to me, is that by delaying the availability of those papers until the following day, it provides for a period for views and experiences to settle in the aftermath of the examination and for more considered advice and dialogue to take place with teachers in the aftermath of the examination. That is the rationale for the change that the SQA has made. I should also make it clear that there is an important point in relation to my relationship with the Scottish Qualifications Authority. The SQA is an independent examination certification body that must be in a position to take operational decisions that it judges within its remit to be appropriate and not for them to be dictated by a minister in relation to the proper operational functions of the SQA. I reiterate to Mr Balford the point that I made to Mr Greer in my earlier responses that, of course, those arrangements will be reviewed by the SQA to determine what has been their effect on candidates and experiences during the 2017 night. Thank you very much, and that concludes topical questions. We are now going to move on to a statement by Michael Matheson on forensic examination. The cabinet secretary will take questions at the end of his statement, and so there should be no interventions on interruptions. I would ask members who wish to ask questions to press their request-to-speak buttons now.


I want to invite you guys too, I know that we, we tend to get a lot of people really attentive and listening, but just feel your vibes, just have fun, we're in a home, we're not in a venue, we're in a home, which is the blessing, so it could be as weird and open as we would like to be. Because you must want my pretty wings wrapped around your bro. This is my own, it's a temporary, that's how I keep control of something you can press on, baby. Raise the shadow, sweet, little pearls that will touch on the concrete.   You gotta love that afro head, dude.  Self esteem song, this is a self esteem song for people who are brown, who needed a song to say, you can do what you want, if you're okay, just the way you are. And one of the things I love so much about growing up is that we have an African dinner, African Irish dinner being served to us, and feel like I have some solidarity in that. So if it's cool with you guys, I just want to sing this bridge one more time, but slower, so we can all appreciate this song for what it is. It's by Corinne Bailey, right, it's not my song, and it's absolutely amazing. So is that okay with you? It was more just pity for pity's sake, some nights it kept me awake cause, cause I thought that I was stronger, we're gonna realize, that we don't even have- Now just think of all the things that were the way, and in my head I've been since I've come on home. Wish you'd change your hair, to dress.   Did you have to, or are you dodging all that to dress?  Now you're the way, and wish you'd change your hair. Won't you come on over, just stop making a- Talking from sale, did you say it was a little bit of money? I want you to drive to the fire, just cross the border and into the city. Good jobs, find a seat where it needs to be. Driving in your car, your speed is the best.  Silly life, they are the first. Now I'm just a nice wrapped around my shoulder, and I Had a feeling that I am belong. Had a feeling. Could be someone, could be someone. Could be someone, could be someone. Could be someone, could be someone. Could be someone, could be someone. He lives with a buttless weight, he said his body's too- His body's too- So I quit school, that's what I did. Would you stay out drinking late at the bar, and see more of your- Keep on driving. I only dress for half a gram, but I hit the thrift store. Can't keep your dude from calling me. Know you're used to stalking, changing the way you're talking. Putting the pictures with your goodies out, looking naughty. But I rock the hottest button. Cause I don't even dance enough behind me trying to touch it. I don't know who told you to put in all your business. I wouldn't give you anything.   So, so, so drunk. Try to put me- I could escape. I lost the best baby. And then I- Rate them still, rate them still, rate them still. We need to start enlightening each other's minds before I walk away from myself and go somewhere looking for someone or something else. And that's not why I began this relationship. You know it's exhausting, the energy it's costing to live you. To hold no one and nothing, not even myself above you. You see, it's not my style to just love and run, but you seem to think you'll get the moon while disregarding the sun. And love is not a conquest. It's just two people. And when they're together, they're at their best. But lately my best has been taking a rest and somehow managed to manifest it to anger and sadness. What happened to the gladness? What happened to the sweaty nights under our coverings? What happened to the intellectual nights of analyzing each other? What happened to the boy I was convinced proved he was a man? Just by holding my- Rate them still, rate them still, rate them still, rate them still a long way. Rate them still, rate them still. At first I thought that I was in love with the idea of being in love, but now I know that that is a phrase used to popular my love, to underhand my love of people who don't understand my love. This love is my love. My love for you is Aphrodite born on land and sand instead of water, and theorem is an Egypt bearing a pharaoh. Say I could never squeeze you into human curiosity, because I don't think that now.  And when we fight, I'm really yelling help, because I've lost more to you than I could ever gain.  When I look at you, I see a million niggers locked in the cage, finding Hades damning himself for releasing the Titans. I see a man and a boy who's afraid to be disappointed. I see your inner king in the very day that he was anointed. I see slavery abolished but never set free. Matter of fact, some days I can even see all this fighting. Before I can recognize your face and a smile. Before you become a layers of baggage blocking my Nile, because the truth is at the end of the day that I don't have the energy to be your enemy. So you have to find a friend of me.  I'm afraid I'm still a long way. I'm afraid I'm still a long way. Trying to date on you, she's my new perspective on you.  I've seen that church, and I've walked that floor. Because as an honest, there's no better place to be than...


While the House of Representatives has begun a public hearing on a new capital markets bill that aims at eradicating the efficiency as well as protecting investors' investment, the new bill also proposes a 10-year jail time for Ponzi scheme operators. Immanuel Ehidjene completes the report. The speaker was represented by the deputy leader of the House Honourable Peter Apatacin while declaring open the two bills seeking to enhance the operation and performance of the capital market in Nigeria for economic development. He said that the legislature cannot allow the existence of deficiencies in the capital market which will cause investors to worry about the safety of their investment. He said that in this new global economy, investors have the option to quickly move money across industries, nations and continent and that the capital market serves as a source where investors source money for their businesses. The capital markets also allow small and large-scale investors to contribute to growth of enterprises and by so doing increase the values of their assets and create wealth. Therefore, it is abundantly evident that the proper and efficient operation of the capital market is essential to sustainable national economic growth. In his welcome address, Honourable Babangida Ibrahim was the chairman of the committee, said the House of Representatives is determined to ensure that the securities and exchange commission is ready to deliver on its court mandate of markets integrity, avoid systematic risk and guarantee inspections among others. Percussion source as is give us a patriotic Nigerian scheme, the development of our great nation's opportunity to brainstorm, work together and provide solutions and challenges within the capital market. When the national assembly seems to clash with ministries, department and agencies of government, it is not to be hard-handed or to shunt anyone, but it is for the same goal that we are all here today to ensure better and more thriving capital markets. Stakeholders in their presentations threw their weights behind the bills as they expressed delight over the provision in the bill prohibiting ponds pyramid schemes, particularly for proposing a 10-year jail term for its operators and promoters. The bill expands the definition of a collective investment scheme to include schemes offered privately to qualified investors. Minor reviews on various sections of the extent law have been carried to provide greater clarity. This board composition is designed to expand the board to encourage collaboration. The bill proposes the expansion of the membership of the board which will ensure greater participation of professionals in the market. This will encourage greater collaboration within the capital market and result in the development of the economy. The committee assured that all recommendations on ways to improve the Nigerian stock market will be presented to the House for further legislative action.