Author Topic: WORLD OF ACCOUNTING! Accountants/Future Accountants Pasok  (Read 4352 times)

big_smooth_guy

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WORLD OF ACCOUNTING! Accountants/Future Accountants Pasok
« on: September 10, 2010, 12:58:14 AM »
Many are called but only FEW are CHOSEN..... oh ha oh ha hahahah

inviting all CPA's, Accountancy students, professionals or anyone who had accounting in their lives PASOOOOOOOK!

let us share experiences nung college or maybe share ng mga nakakinis na topic sa accounting na ayaw niyo or anything you wanna talk about :)

 

big_smooth_guy

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Re: WORLD OF ACCOUNTING! Accountants/Future Accountants Pasok
« Reply #1 on: September 10, 2010, 01:03:29 AM »
let me start....

well cguro nakakinis lang yung part ng Investments lalo na yung pagdating sa debt securities... kakainis mag amortize tapos may na-encounter akong problem na yung securities eh may nag convert tapos biglang may nag retire tapos bumili ulit kakainis yung ganun then biglang sa gitna ng period nagkaroon ng IMPAIRMENT grrr tapos gagawa ka ng table 2 ng ammortization grabee ang tedious!

nakakinis ang CASH AND CASH EQUIVALENTS! grrrrr ewan ko lalo na gumagawa ng proof of cash tapos petty cash tsaka the ever loving bank reconciliation grrrrr

tapos most favourite topic ko is yung Capital Budgeting or minsan is yung Business Combination sa ADVACC

Offline daniel7

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Re: WORLD OF ACCOUNTING! Accountants/Future Accountants Pasok
« Reply #2 on: September 10, 2010, 01:08:33 AM »
oki lang ung cash and cash equivalents... pero pag sa higher acctg.. d ko alam.. sa financial acctg. lang ako... den bye bye na.. hahaa.. gsto ko ung debt securities.. pero nakaka inis lang pag pinahaba.. inuubos ung pasenxa mo.. ahah..

big_smooth_guy

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Re: WORLD OF ACCOUNTING! Accountants/Future Accountants Pasok
« Reply #3 on: September 10, 2010, 01:12:43 AM »
ako rin naman okay lang yung debt securities kaso pag sabay sabay na silang lahat nakakainis grrrr.... tapos yung sa cash parang okay lang naman talaga siya kaso siguro at that time na tinuro sa amin sa finacc yun di pa ganun kami ka-mature imagin yung level nung from partnership and corpo biglang finacc eh wala pa sa kalingkingan ng level ng finacc ang par-corp:))))

anyway may i ask you san ka nag aral?

Offline bndrdandat

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Re: WORLD OF ACCOUNTING! Accountants/Future Accountants Pasok
« Reply #4 on: September 10, 2010, 01:34:05 AM »
hooray.......

the accounting thread is once again here.........


i missed this from the old g4m site and the first pinoy g4m site........

nasaan na kaya ung mga accountants.........
"Remember that in a world of ordinary mortals, you are a Wonder Woman.” (Queen Hippolyte)

big_smooth_guy

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Re: WORLD OF ACCOUNTING! Accountants/Future Accountants Pasok
« Reply #5 on: September 10, 2010, 01:49:12 AM »
hooray.......

the accounting thread is once again here.........


i missed this from the old g4m site and the first pinoy g4m site........

nasaan na kaya ung mga accountants.........

wow naman... i never expected na may ganitong klaseing thread din sa lumang g4m...... ngayon lang kasi ako sumali sa pinoyg4m hehehe

so yep mabuhay mga accountants :))))))

ikaw kuya san ka naman nag aral?

big_smooth_guy

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Re: WORLD OF ACCOUNTING! Accountants/Future Accountants Pasok
« Reply #6 on: September 10, 2010, 01:50:14 AM »
natatawa lang ako.... ang dami kasing nagsasabi sa akin na napaka negative ko daw pagdating ko sa sarili ko.....

eh di ba may SAKIT ang mga Accountants na kung tawagin ay PRUDENCE? hahahaha

Offline daniel7

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Re: WORLD OF ACCOUNTING! Accountants/Future Accountants Pasok
« Reply #7 on: September 10, 2010, 02:41:38 AM »
sa Iloilo po ko nag aaral.. d nmn masyadong kilala ang school..

big_smooth_guy

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Re: WORLD OF ACCOUNTING! Accountants/Future Accountants Pasok
« Reply #8 on: September 10, 2010, 07:57:49 PM »
sa Iloilo po ko nag aaral.. d nmn masyadong kilala ang school..

ano ka ba ok lang yun basta CPA go na go ! HAHAH

Offline Lost

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Re: WORLD OF ACCOUNTING! Accountants/Future Accountants Pasok
« Reply #9 on: September 10, 2010, 07:59:49 PM »
Uy I am in. I passed the board on October 2006. Working in Makati as Accounting Support Analyst and a part-time professor sa ....secret....hehehe
I always make sure not to confuse excellence with perfection. Excellence I can strive for. Perfection is God's business.

Offline Lost

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Re: WORLD OF ACCOUNTING! Accountants/Future Accountants Pasok
« Reply #10 on: September 10, 2010, 08:01:34 PM »
Investments ba? There's a trick sa investments...ang matrabaho lang yung may amortization :-)
I always make sure not to confuse excellence with perfection. Excellence I can strive for. Perfection is God's business.

big_smooth_guy

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Re: WORLD OF ACCOUNTING! Accountants/Future Accountants Pasok
« Reply #11 on: September 10, 2010, 08:11:28 PM »
Investments ba? There's a trick sa investments...ang matrabaho lang yung may amortization :-)

@lost: isa pa sa nakakainis is yung PROCESS COSTING yung mga EUP.... well ok lang tlaaga siya pero nung andyan na yung waste, spoilages at abnormal loss nagka leche leche na ang pagintindi ko ng process costing :)))))

Offline blissandvoid

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Re: WORLD OF ACCOUNTING! Accountants/Future Accountants Pasok
« Reply #12 on: September 11, 2010, 01:51:18 AM »
hello may thread na pala ng accounting here
sana makavisit ako madalas. hahah
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Offline Lanchie

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Re: WORLD OF ACCOUNTING! Accountants/Future Accountants Pasok
« Reply #13 on: September 11, 2010, 04:31:40 AM »
naku. QuickBooks lang ang solusyon jan...
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big_smooth_guy

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Re: WORLD OF ACCOUNTING! Accountants/Future Accountants Pasok
« Reply #14 on: September 11, 2010, 09:45:20 AM »
whats quickbooks?

Offline bndrdandat

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Re: WORLD OF ACCOUNTING! Accountants/Future Accountants Pasok
« Reply #15 on: September 11, 2010, 12:07:24 PM »
Quickbooks is a program that allows businesses and small companies to computerize their bookkeeping......

(Peachtree is another such program.....slightly more sophisticated).....

but there is more to accounting than just bookkeeping.........

at bigsmoothguy.......in the old g4m......we used to counsel the accounting students with their school/class problems kasi they sometimes couldn't understand or their professors explanations were insufficient......we acted as mentors........it was really cool.......

and we acted as support group to each other......lalo pag may nato-toxic na.......hahahahaha

as for your question regarding school.....I studied accounting in Suffolk University.........

and for Daniel7......hindi naman importante kung saan ka nag aral......ang importante natuto ka........
« Last Edit: September 11, 2010, 12:16:22 PM by bndrdandat »
"Remember that in a world of ordinary mortals, you are a Wonder Woman.” (Queen Hippolyte)

Offline bndrdandat

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Re: WORLD OF ACCOUNTING! Accountants/Future Accountants Pasok
« Reply #16 on: September 11, 2010, 12:12:38 PM »
JeremyCroise.....kumusta ka naman.....kumusta ang pagbibilang ng tuna.......hahahhaha

malapit na ang bus ride nyo.......road trip na ito.......hahahahah


sorry mga accountants.....na off topic ako....nakita ko kasi si Jemz....
« Last Edit: September 11, 2010, 12:14:22 PM by bndrdandat »
"Remember that in a world of ordinary mortals, you are a Wonder Woman.” (Queen Hippolyte)

big_smooth_guy

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Re: WORLD OF ACCOUNTING! Accountants/Future Accountants Pasok
« Reply #17 on: September 11, 2010, 03:34:05 PM »
Quickbooks is a program that allows businesses and small companies to computerize their bookkeeping......

(Peachtree is another such program.....slightly more sophisticated).....

but there is more to accounting than just bookkeeping.........

at bigsmoothguy.......in the old g4m......we used to counsel the accounting students with their school/class problems kasi they sometimes couldn't understand or their professors explanations were insufficient......we acted as mentors........it was really cool.......

and we acted as support group to each other......lalo pag may nato-toxic na.......hahahahaha

as for your question regarding school.....I studied accounting in Suffolk University.........

and for Daniel7......hindi naman importante kung saan ka nag aral......ang importante natuto ka........

yehey may mapag tatanungan na ako whooooo.... kuya paturo ah pag may di ako maintindihan :))))))

i agree sabi din ng prof namin hindi naman talaga bookkeeping lang ang function ng accountants yeah!

Offline bndrdandat

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Re: WORLD OF ACCOUNTING! Accountants/Future Accountants Pasok
« Reply #18 on: September 11, 2010, 04:04:44 PM »
Actually......last December I had the privilege to address a group of Deans of Business Schools and Universities......it was their quarterly meeting and Christmas party na rin.......I was invited to be their speaker........needless to say I was very nervous but i did end up giving a very inspiring talk........i was even invited by some of the deans to talk to their students also......

anyway.....in my speech one of my assertions was that in this information age.......the role of the accountant is clearly shifting up from the manual work of information input to more of information management.......

the accountant will soon become the CIO.....or the chief information officer..........because more or less.....it is the accountant who can best analyse and interpret the numbers........

actually bookkeeping is very minimal (but tedious).......in fact, of all the accounting functions, it is so simple and almost automatic that it can be and in fact already being outsourced....... but planning, monitoring, control.....those have still got to be done by accountants.......

« Last Edit: September 11, 2010, 04:07:37 PM by bndrdandat »
"Remember that in a world of ordinary mortals, you are a Wonder Woman.” (Queen Hippolyte)

Offline bndrdandat

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Re: WORLD OF ACCOUNTING! Accountants/Future Accountants Pasok
« Reply #19 on: September 11, 2010, 04:09:25 PM »
i have to find Mark Jay and tell him that there is  an Accounting thread again......

at dapat magkaroon ng meet up ang mga accountants......bring your own calculator......ika nga......hahahahahah
"Remember that in a world of ordinary mortals, you are a Wonder Woman.” (Queen Hippolyte)