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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Jul. 31, 2022
Accounting Policies [Abstract]  
Schedule of subsidiaries and variable interest entities
Name of Entity     Date of
Incorporation
    Place of
Incorporation
    % of
Ownership
    Principal Activities  
Parent company:                          
ATIF Holdings Limited (“ATIF”)     January 5, 2015     British Virgin Islands     Parent     Investment holding  
Wholly owned subsidiaries of ATIF                          
ATIF Inc. (“ATIF USA”)     October 26, 2020     USA     100%     Consultancy and information technology support  
ATIF Investment LLC (“ATIF Investment”)     April 25, 2022     BVI     100%     Consultancy and information technology support  
ATIF BD LLC (“ATIF BD”)     December 22, 2021     USA     100%     Consultancy and information technology support  
ATIF-1 GP, LLC (“ATIF GP”)     January 21, 2021     USA     100%     Fund management  
ATIF-1 LP, LLC (“ATIF LP”)     February 16, 2021     USA     76.6%     Investment  

 

Schedule of summarized operating results of the VIEs
   For the
period from
August 1,
2020
through
February 3, 2021
   For the
period from
August 1,
2020
through
January 31, 2021
     
   Qianhai VIE   LMG VIE   Total 
Operating revenue  $380,954   $2,117,551   $2,498,505 
Income (loss) from operations  $(60,242)  $(1,154,067)  $(1,214,309)
Income (loss) before income taxes  $(63,765)  $(1,166,287)  $(1,230,052)
Net income (loss)  $(63,765)  $(1,142,160)  $(1,205,925)

 

Schedule of summarized cash flow information of the VIEs
   For the
period from
August 1,
2020
through
February 3, 2021
   For the
period from
August 1,
2020
through
January 31, 2021
     
   Qianhai VIE   LMG VIE   Total 
Net cash provided by (used in) operating activities  $(286,657)  $(119,612)  $(406,269)
Net cash provided by (used in) investing activities  $
-
   $118,541   $118,541 
Net cash provided by (used in) financing activities  $
-
   $
-
   $
-
 

 

Schedule of estimated useful lives of assets
   Useful life
Furniture, fixtures and equipment  3-5 years
Transportation vehicles  5 years

 

Schedule of the disaggregation of revenues from continuing operations and discontinued operations
   For the Years Ended
July 31,
 
    2022    2021 
         
Consulting service revenue from continuing operations*  $1,626,102   $936,935 
Other service revenues   41,208    
-
 
Revenues from continuing operations  $1,667,310   $936,935 
Revenue from discontinued operations (multi-channel advertising, event planning and execution and movie theater operation business under LGC)  $
-
   $2,117,551 

 

Schedule of currency exchange rates
   May 31, 2022   July 31, 2021 
Foreign currency  Period-end
spot rate
   Average rate   Period-end
spot rate
   Average rate 
RMB: 1USD   0.1499    0.1555    0.1547    0.1521 
HKD: 1USD   0.1282    0.1282    0.1282    0.1282