Phew...
This is a Sunday
This is a first Sunday I no need to work in this month
Good news , right?
Now my workload is getting heavier
Few seniors wanna book me for field work
All my day times are for doing field work in client office
and i need to work OT at nights or weekends for report
I no longer can go back in time at 6.15 for Korean movie
Sad...
How about you guys??
busy like me too??
Sunday, July 18, 2010
Sunday, June 27, 2010
I'm free now !!!
Finally i realised that i really need to let go those memories...
That's really no any benefits in continue keeping it...
Because it needs to be two ways...
Why don't I do somethings to make myself more happier???
Let it go and
I'm free....
isn't me right?
QQ?
That's really no any benefits in continue keeping it...
Because it needs to be two ways...
Why don't I do somethings to make myself more happier???
Let it go and
I'm free....
isn't me right?
QQ?
Wednesday, June 16, 2010
Ice cream
Talk to me, speak with me
Don't sink before you rise baby
Don't fade away
You hesitate, you seem to wait
For all the time we had feels a world away
'Cause who's to say we'll be okay
We will make it through the night
Don't want to wake up in this state
I just want us both to smile
'Cause we're the same and I know that will never change
Look I bought your favourite ice cream
I don't want to see it melt away
If you walk out now
I don't know if we could be the same
Baby, just talk with me
'Cause I want you to stay here with me
The memories, the things we did
Are locked inside my heart
Where I know I won't forget them now
Who's to say we'll be okay
We will make it through the night
Don't want to wake up in this state
I just want us both to smile
'Cause we're the same and I know that will never change
Look I bought your favourite ice cream
I don't want to see it melt away
If you walk out now
I don't know if we could be the same
Baby, just talk with me
'Cause I want you to stay here with me
By Ciara Newell
Don't sink before you rise baby
Don't fade away
You hesitate, you seem to wait
For all the time we had feels a world away
'Cause who's to say we'll be okay
We will make it through the night
Don't want to wake up in this state
I just want us both to smile
'Cause we're the same and I know that will never change
Look I bought your favourite ice cream
I don't want to see it melt away
If you walk out now
I don't know if we could be the same
Baby, just talk with me
'Cause I want you to stay here with me
The memories, the things we did
Are locked inside my heart
Where I know I won't forget them now
Who's to say we'll be okay
We will make it through the night
Don't want to wake up in this state
I just want us both to smile
'Cause we're the same and I know that will never change
Look I bought your favourite ice cream
I don't want to see it melt away
If you walk out now
I don't know if we could be the same
Baby, just talk with me
'Cause I want you to stay here with me
By Ciara Newell
Saturday, June 5, 2010
Exam Tips for June 2010
TARC
Paper P3
* Internal/External analysis. A core area of the syllabus and could be based around a number of key models all of which may be used to analyse the current position of the organisation. This could be the main part of your section A. The value chain and BCG matrix are included so make sure you are able to work with these models. Ensure that you can undertake analysis of a business’ current position and performance using ratios as this is increasingly an element of P3.
* Generation and evaluation of strategic options. Leading on from an initial analysis of a business you may be asked to offer advice on the best options in light of the current position or having been informed of an issue an organisation is facing.
* Project management. Most business decisions result in projects being initiated. This is an important area of P3 and although we have seen this before there are a number of ways this area could be examined.
* Business processes and Change management. Although seen in previous sittings this could be part of a requirement. This could incorporate changes to both upstream and downstream supply chains.
* Quality. A popular area of the syllabus that has featured in a number of sittings. We have seen the key models examined in recent sittings. The importance of quality may see it included as a part requirement or underpinning a business decision.
* Marketing. Techniques and customer relationship could feature in section B. Competitive behaviour through lifecycle modelling could be an underpinning issue in either section A or B.
* Stakeholders. Identification of stakeholders has been examined previously although you may still see this as a part requirement.
Paper P4
* Role and responsibility towards stakeholders. Ethical issues continue to appear regularly as an optional discussion question, normally with practical financial issues from elsewhere in the syllabus. The discussion question is normally one of the easier optional questions.
* Advanced investment appraisal. The compulsory question often features an NPV question with an analysis of risk. Cost of capital calculations are regularly tested, make sure that you are comfortable adjusting betas for differences in gearing. Real options and adjusted present value are also popular themes, and are normally tested in section B of the exam.
* Acquisitions and mergers. Although this area was heavily examined in December, this exam normally contains a question involving valuations which the examiner sees as a crucial part of the syllabus.
* Corporate reconstruction. This is a topical area; a question could also ask you to evaluate a capital reconstruction e.g. a business that is considering offering its creditors shares in order to enable it to survive.
* Advanced risk management. We would expect to see a numerical risk management question featuring either interest rate or exchange rate hedging. Foreign currency derivatives are due to be tested numerically; the new examiner has indicated that questions may well ask you to compare the results of a hedge using a number of different hedging techniques.
Paper P5
* Scope of strategic performance measures in the private sector. Analysis of financial and non-financial performance; this could include the use of activity-based approaches or learning curves, and strategies to improve performance.
* Divisional performance and transfer pricing issues. ROI, RI , EVA or even ABC could feature here; transfer pricing could feature as an aspect of these questions.
* Problems with budgeting. Budgeting has been a favourite essay question with your examiner, especially an awareness of the problems of budgeting but was largely unexamined in 2009.
* Alternative views of performance measurement. The examiner often includes a question to evaluate an organisation against an established theoretical model. The balanced scorecard, performance pyramid and building blocks have all appeared in previous exams.
* Performance hierarchy. Linking strategic decisions to mission statements or suggesting strategic options using models such as Ansoff’s matrix or the BCG matrix lend themselves to questions containing a mixture of financial and discursive elements that could easily include a simple NPV or profit analysis.
Paper P6
Income tax:
* Pension contributions – tax relief
* EIS/VCT schemes
* Income tax losses
* Accrued income scheme
* Personal service companies
* Termination payments
* Share schemes
* Overseas aspects for individuals
Capital gains tax:
* Small part disposal of land
* Takeover/reorganisations
* EIS reinvestment relief
* Damaged/destroyed assets
* Leases/wasting assets
Inheritance tax:
* Death estate, treatment of lifetime gifts
* Quick succession relief
* Gifts with reservation of benefit
* Variation of will
* Payment of IHT
* IHT implications of transferring property into a trust
Corporation tax:
* Research and development
* Intangible assets
* Liquidation/winding up
* Consortium relief
Value added tax:
VAT groups
* Imports/exports
* Partial exemption
* Treatment of VAT on disposal of buildings
Ethics
Paper P7
* A risk-based and/or planning scenario in the compulsory section
* Questions based on articles published in Student Accountant in the past six months – such as the article on Going Concern from February 2010
* A number of requirements asking for audit procedures and required evidence in respect of specific financial reporting issues
* A practice-based scenario looking at professional, ethical and quality control issues
* A reporting scenario of some sort – probably testing either emphasis of matter or other matter paragraphs
* Legal and regulatory issues affecting assurance providers, especially in the context of firms’ professional liability and the UK Companies Act 2006
* Specific procedures for obtaining evidence (such as analytical procedures and other ISAs that have changed following the Clarity Project) and evaluating the quality of audit work carried out, both for components and groups
* The requirements of other forms of assurance engagement, such as Value for Money (VfM) studies or agreed upon procedures
* The correct treatment of more complex accounting issues (such as employee benefits and adoption of IFRS) than has been seen before
* Specific ISAs may be examined in sufficient detail to warrant learning the key elements for regurgitation in the exam, such as comparatives (ISA 710) other information (ISA 720) or opening balances (ISA 510)
* Discrete topics that we have not yet seen such as questions using the context of internal audit or examples of other non-audit engagements
* The need to understand current issues such as globalisation, the impact of the recession on auditors, corporate governance, risk management and auditor liability – especially relevant in the context of the going concern article from February 2010
other source
P4
1 Big NPV involving calculation of WACC using CAPM (gearing and ungearing betas),
possibly a foreign investment needing forecasting of exchange rates,
2 Financial appraisal of a business (from sets of accounts) and calculation of Z-score (in
which case formula will be given)
Section B:
3 Foreign exchange risk – futures and options
4 Either interest rate risk (futures and options), or possibly Option Pricing (share options
and delta hedge)
5 Written question – impossible to guess, but possibly – “Quantitative easing”. What is it?
Why do it? Risk involved in doing it?
Paper P3
* Internal/External analysis. A core area of the syllabus and could be based around a number of key models all of which may be used to analyse the current position of the organisation. This could be the main part of your section A. The value chain and BCG matrix are included so make sure you are able to work with these models. Ensure that you can undertake analysis of a business’ current position and performance using ratios as this is increasingly an element of P3.
* Generation and evaluation of strategic options. Leading on from an initial analysis of a business you may be asked to offer advice on the best options in light of the current position or having been informed of an issue an organisation is facing.
* Project management. Most business decisions result in projects being initiated. This is an important area of P3 and although we have seen this before there are a number of ways this area could be examined.
* Business processes and Change management. Although seen in previous sittings this could be part of a requirement. This could incorporate changes to both upstream and downstream supply chains.
* Quality. A popular area of the syllabus that has featured in a number of sittings. We have seen the key models examined in recent sittings. The importance of quality may see it included as a part requirement or underpinning a business decision.
* Marketing. Techniques and customer relationship could feature in section B. Competitive behaviour through lifecycle modelling could be an underpinning issue in either section A or B.
* Stakeholders. Identification of stakeholders has been examined previously although you may still see this as a part requirement.
Paper P4
* Role and responsibility towards stakeholders. Ethical issues continue to appear regularly as an optional discussion question, normally with practical financial issues from elsewhere in the syllabus. The discussion question is normally one of the easier optional questions.
* Advanced investment appraisal. The compulsory question often features an NPV question with an analysis of risk. Cost of capital calculations are regularly tested, make sure that you are comfortable adjusting betas for differences in gearing. Real options and adjusted present value are also popular themes, and are normally tested in section B of the exam.
* Acquisitions and mergers. Although this area was heavily examined in December, this exam normally contains a question involving valuations which the examiner sees as a crucial part of the syllabus.
* Corporate reconstruction. This is a topical area; a question could also ask you to evaluate a capital reconstruction e.g. a business that is considering offering its creditors shares in order to enable it to survive.
* Advanced risk management. We would expect to see a numerical risk management question featuring either interest rate or exchange rate hedging. Foreign currency derivatives are due to be tested numerically; the new examiner has indicated that questions may well ask you to compare the results of a hedge using a number of different hedging techniques.
Paper P5
* Scope of strategic performance measures in the private sector. Analysis of financial and non-financial performance; this could include the use of activity-based approaches or learning curves, and strategies to improve performance.
* Divisional performance and transfer pricing issues. ROI, RI , EVA or even ABC could feature here; transfer pricing could feature as an aspect of these questions.
* Problems with budgeting. Budgeting has been a favourite essay question with your examiner, especially an awareness of the problems of budgeting but was largely unexamined in 2009.
* Alternative views of performance measurement. The examiner often includes a question to evaluate an organisation against an established theoretical model. The balanced scorecard, performance pyramid and building blocks have all appeared in previous exams.
* Performance hierarchy. Linking strategic decisions to mission statements or suggesting strategic options using models such as Ansoff’s matrix or the BCG matrix lend themselves to questions containing a mixture of financial and discursive elements that could easily include a simple NPV or profit analysis.
Paper P6
Income tax:
* Pension contributions – tax relief
* EIS/VCT schemes
* Income tax losses
* Accrued income scheme
* Personal service companies
* Termination payments
* Share schemes
* Overseas aspects for individuals
Capital gains tax:
* Small part disposal of land
* Takeover/reorganisations
* EIS reinvestment relief
* Damaged/destroyed assets
* Leases/wasting assets
Inheritance tax:
* Death estate, treatment of lifetime gifts
* Quick succession relief
* Gifts with reservation of benefit
* Variation of will
* Payment of IHT
* IHT implications of transferring property into a trust
Corporation tax:
* Research and development
* Intangible assets
* Liquidation/winding up
* Consortium relief
Value added tax:
VAT groups
* Imports/exports
* Partial exemption
* Treatment of VAT on disposal of buildings
Ethics
Paper P7
* A risk-based and/or planning scenario in the compulsory section
* Questions based on articles published in Student Accountant in the past six months – such as the article on Going Concern from February 2010
* A number of requirements asking for audit procedures and required evidence in respect of specific financial reporting issues
* A practice-based scenario looking at professional, ethical and quality control issues
* A reporting scenario of some sort – probably testing either emphasis of matter or other matter paragraphs
* Legal and regulatory issues affecting assurance providers, especially in the context of firms’ professional liability and the UK Companies Act 2006
* Specific procedures for obtaining evidence (such as analytical procedures and other ISAs that have changed following the Clarity Project) and evaluating the quality of audit work carried out, both for components and groups
* The requirements of other forms of assurance engagement, such as Value for Money (VfM) studies or agreed upon procedures
* The correct treatment of more complex accounting issues (such as employee benefits and adoption of IFRS) than has been seen before
* Specific ISAs may be examined in sufficient detail to warrant learning the key elements for regurgitation in the exam, such as comparatives (ISA 710) other information (ISA 720) or opening balances (ISA 510)
* Discrete topics that we have not yet seen such as questions using the context of internal audit or examples of other non-audit engagements
* The need to understand current issues such as globalisation, the impact of the recession on auditors, corporate governance, risk management and auditor liability – especially relevant in the context of the going concern article from February 2010
other source
P4
1 Big NPV involving calculation of WACC using CAPM (gearing and ungearing betas),
possibly a foreign investment needing forecasting of exchange rates,
2 Financial appraisal of a business (from sets of accounts) and calculation of Z-score (in
which case formula will be given)
Section B:
3 Foreign exchange risk – futures and options
4 Either interest rate risk (futures and options), or possibly Option Pricing (share options
and delta hedge)
5 Written question – impossible to guess, but possibly – “Quantitative easing”. What is it?
Why do it? Risk involved in doing it?
Thursday, April 22, 2010
Thinking with EXCELLECE...
Well, what's excellence?
I have done research on it
It means to exceed a given standard that is ordinary, average, terrible or unworthy.
Excellence is to be superior in QUALITY
Excellence is to obtain greater in QUANTITY
Excellence is to TRANSCEND your job description
and lastly,
It's to OUTDO ourselves each time
Sound easy right?
not so tough to achieve right?
Let's enjoy being excellence!!!
I have done research on it
It means to exceed a given standard that is ordinary, average, terrible or unworthy.
Excellence is to be superior in QUALITY
Excellence is to obtain greater in QUANTITY
Excellence is to TRANSCEND your job description
and lastly,
It's to OUTDO ourselves each time
Sound easy right?
not so tough to achieve right?
Let's enjoy being excellence!!!
Tuesday, April 20, 2010
Finally i know..
Today i know something which i wanted to know all the while..
and finally i realised the fact that i cant change anything
if i know every single things on it...
so helpless???
can't i work hard on it?
why can't 2+2=4???
why 1+1=can be anything, other than 2?
and finally i realised the fact that i cant change anything
if i know every single things on it...
so helpless???
can't i work hard on it?
why can't 2+2=4???
why 1+1=can be anything, other than 2?
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