Accountancy Students, dito tayo

[Larry Tan]

nungt undergrad po ako,we don't have financial management,wala po akong ideya dun,e ive known na kasali pala sa exam yun,what particular book po ba ang magandang basahin dito,please tulungan niyo naman po ako..

You should ask Anson, meron siyang lecture notes, super bilis intindihin. Generous yun, never tumanggi sa mga nangangailangan.

[Larry Tan]

Waa, buti may thread na ganito dito >_< Sir Larry, nakakainspire naman po yung story nyo. Thank you for making this thread, I can finally share my feelings about the course.

Sa school ko po kasi, may dos policy. Kailangang makakuha ng dos pataas sa major subjects <Accounting, English, Math and Law> otherwise, magtetake ka ng Student Qualifying Exam. Pag hindi ka nakapasa dun sa SQE, ayun, kailangan mo nang magpaalam sa course mo.

Wow, mukhang nakakakaba po pala talaga siguro kapag malapit na magtake ng board exam. Sabagay, magte-take pa nga lang ng midterm or finals sobrang kabog na ng dibdib ko (>_<). Incoming second year student palang po ako and for me, hindi talaga madali ang Accountancy. It needs your maximum time, focus, energy and priority. Nakakakaba talaga.

I really like this course, I can't imagine myself taking up any other. Some of my batchmates gave up already and some failed.. Hah, nakakakaba talaga! Pero sabi nga nung mommy ng bestfriend ko na CPA na, mahirap ang Accountancy kung hindi ka nagaaral.

God bless po sa ating lahat!

Ang kailangan lang naman kung may ganyang policy, undergrad ka pa lang kasabay ng textbook, mag invest ka na sa review materials. Check mo sa CPA Review Thread may mga suggested reviewers doon, tapos gawin niyo ang ginawa ng mga JPIA officers sa school namin, I asked them to collect the review materials of the different review centers, & filed these by subject & by topic. Kaya mga students, may idea na sa degree of difficulty ng mga topics. Ang pinaka puhunan sa Accountancy program, practice your reading comprehension skills.

May isa akong 2nd year Accountancy student before, high school valedictorian, nabanggit niya before, the first time they were required to read books on their own, inaabot siya ng 4 na araw to finish one chapter of Intermediate Accounting Book by Kieso, nung nasanay, 4 hours na lang one chapter. Kung ok ang reading comprehension skills mo, hindi mahirap ang accountancy program. Tiyaga lang talaga.

Tip ko lang, ask your teachers to given you key answers for all questions & problems sa book. That way, you can always double-check kung tama ang ginagawa mo.

Cheers.

BTW, nag 14th place siya sa board exam.

[Larry Tan]

Dear Accountancy Students:

I suggest you read the latest post of Leomar Cabarles (#2 in the May 2009 CPA Board Exam) sa CPA Review Thread, good tips especially for someone coming from a so-so school. How he made all things happen for him.

[sweetsaltaddict]

Ang kailangan lang naman kung may ganyang policy, undergrad ka pa lang kasabay ng textbook, mag invest ka na sa review materials. Check mo sa CPA Review Thread may mga suggested reviewers doon, tapos gawin niyo ang ginawa ng mga JPIA officers sa school namin, I asked them to collect the review materials of the different review centers, & filed these by subject & by topic. Kaya mga students, may idea na sa degree of difficulty ng mga topics. Ang pinaka puhunan sa Accountancy program, practice your reading comprehension skills.

May isa akong 2nd year Accountancy student before, high school valedictorian, nabanggit niya before, the first time they were required to read books on their own, inaabot siya ng 4 na araw to finish one chapter of Intermediate Accounting Book by Kieso, nung nasanay, 4 hours na lang one chapter. Kung ok ang reading comprehension skills mo, hindi mahirap ang accountancy program. Tiyaga lang talaga.

Tip ko lang, ask your teachers to given you key answers for all questions & problems sa book. That way, you can always double-check kung tama ang ginagawa mo.

Cheers.

BTW, nag 14th place siya sa board exam.

Naku, Salamat po ng marami sa mga tips, gagawin ko po iyan! I'll work hard to improve my reading comprehension skills.

14th place? Wow, ang galing naman nya! Sana maabot ko din yang ganyan, I'll definitely work hard!

Thank you po ulit, Sir Larry!
God bless!

[nathzki]

Sir Larry, inquire ko na rin po kung may mga available na PRTC handouts sa Lares.. balak ko po sanang magpaphotocopy habang nandito pa po ako sa manila..

wala po kasi akong kakilala na dun nagreview/nagrereview..

[Larry Tan]

Sir Larry, inquire ko na rin po kung may mga available na PRTC handouts sa Lares.. balak ko po sanang magpaphotocopy habang nandito pa po ako sa manila..

wala po kasi akong kakilala na dun nagreview/nagrereview..

Am not sure kung ano na meron sa Lares, alam ko lang preboard & preweek materials, yung mga iniwan ko doon at yung mga dinagdag ni kuya ed.

[Existentialist]

Sir Larry, inquire ko na rin po kung may mga available na PRTC handouts sa Lares.. balak ko po sanang magpaphotocopy habang nandito pa po ako sa manila..

wala po kasi akong kakilala na dun nagreview/nagrereview..

Wala po, kung meron man sobrang kaunti as compared sa RESA handouts na meron doon.

[cneg_4_a]

Hello, can anyone please help me with this Financial Management problem?



On January 1, 2005, Mylene obtains a P60,000 loan from ABC bank. Payment of P10,000 on the principal plus 8% semi-annual interest on the unpaid balance is expected every six months. The final payment is supposed to be on January 1, 2008. After the January 1, 2007 payment, DEF Financing Company offers to buy the note from ABC Bank. DEF Financing Company requires a 20% annual interest compounded semi-annually. At what price should DEF Financing Company offer to buy the note?



This was a problem from our final examination and it was never explained to us by our professor. The part about DEF Company requiring "a 20% annual interest compounded semi-annually." confuses me kaya hindi ko masigurado ang gagawin ko with the problem.

Anybody here who can help me?



Thanks..

[cham23]

I want to ask if I can still use my Uncle's books as reference in accounting even if it is published about 1980's (Financial Accounting and Adv. Accounting). Mag-sesecond year pa lang po ako. Nag-aalangan po kasi akong gamitin kasi alam ko maraming nadagdag. What do you think?

[ansonkeh]

I want to ask if I can still use my Uncle's books as reference in accounting even if it is published about 1980's (Financial Accounting and Adv. Accounting). Mag-sesecond year pa lang po ako. Nag-aalangan po kasi akong gamitin kasi alam ko maraming nadagdag. What do you think?

There have been a lot of changes in financial accounting and advanced accounting so I don't think it is good to use the old books. There may be some topics that are applicable but you have to make sure to know the updates.

But if it is cost or managerial accounting, the books are still relevant

[Larry Tan]

I want to ask if I can still use my Uncle's books as reference in accounting even if it is published about 1980's (Financial Accounting and Adv. Accounting). Mag-sesecond year pa lang po ako. Nag-aalangan po kasi akong gamitin kasi alam ko maraming nadagdag. What do you think?

1980s? Mukhang pinaglipasan na ng panahon yan, kung meron mang applicable diyan 30% na lang, di mo pa alam alin ang luma sa bago. Suggest ko bili ka na lang ng bago.

[Existentialist]

I want to ask if I can still use my Uncle's books as reference in accounting even if it is published about 1980's (Financial Accounting and Adv. Accounting). Mag-sesecond year pa lang po ako. Nag-aalangan po kasi akong gamitin kasi alam ko maraming nadagdag. What do you think?

1980...


2009 na ngayon...

Ilang taon na ba yun? Hahaha

[janrhaye]

Sir Larry
Bigyan nyo po ko sugested author ng books n latest edition n pwede kng bili dis 2009 *** magamit ko sa review ko, P1,ToA,AT,AP kc 4 subject muna aralin ko bef. review kc 2004 pko graduate .
tnx

[cham23]

Thanks po - ansonkeh and Larry Tan.
Existentialist - kung sa bagay hehe. I don't know his age but he is now a CPA lawyer.

I hope I can achieve that too. Nakakainspire rin po yung mga stories dito.

What books can you suggest that have many kinds of accounting problems. I want to practice more on different kinds of problems about financial accounting and reporting. Yun po kasi itetake namin this 2nd year. I would like also to ask if you don't mind about the long distance from home to school affects the performance of a student?(add ko lang po) Ano po opinion n'yo? Thanks!

[Larry Tan]

Sir Larry
Bigyan nyo po ko sugested author ng books n latest edition n pwede kng bili dis 2009 *** magamit ko sa review ko, P1,ToA,AT,AP kc 4 subject muna aralin ko bef. review kc 2004 pko graduate .
tnx

Check mo recommendations ni Leomar (humanely CPA), #2 sa last board exam. For me, P1 & TOA, Valix, AT- Bobadilla/Ocampo, AP - Ocampo.

[ansonkeh]

Thanks po - ansonkeh and Larry Tan.
Existentialist - kung sa bagay hehe. I don't know his age but he is now a CPA lawyer.

I hope I can achieve that too. Nakakainspire rin po yung mga stories dito.

What books can you suggest that have many kinds of accounting problems. I want to practice more on different kinds of problems about financial accounting and reporting. Yun po kasi itetake namin this 2nd year. I would like also to ask if you don't mind about the long distance from home to school affects the performance of a student?(add ko lang po) Ano po opinion n'yo? Thanks!

The travel of long distance from home to school has an effect especially if you are commuting!

The physical strain slowly takes its toll on you not only physically but mentally as well.

Imagine mo na lang if you are commuting for 2 hours on a regular day...what more pag umuulan....

I had a classmate who lives in Laguna and commutes to the review school in Recto.

After a few weeks, start na ang kanyang absenteeism because tinatamad na siya sa haba ng travel time. Ayan, she was the only casualty in our block

[Douglas Mallill]

Hi Larry! It's been years! Our batch was surely something but it was proof that even the "promdis" can make it. Yes, being a CPA Lawyer has its advantages and I started doing what interests me most which is doing information systems development. The cross functionality really helps. Was just appointed by the President as the latest Deputy Commissioner of the National Telecommunications Commission. It's nice to know you're with AIM and doing consultancy work too. May take up graduate studies in AIM at some point in my life after my stint with government. Great to know you're really successful now. Keep on.

[adrian1234]

Mahirap nga mag biyahe ng malayo, naranasan ko na yan. Simula Los Banos, Laguna to FEU ang biyahe ko dati nang isang buwan. Nahirapan din ako kaya nag bedspacer na lang ako, naisip ko din yung oras na imbis na mag aral o nagpapahinga ako eh nag bibiyahe ako at yung pamasahe dagdag gastos pa yun. Kailangan mo din na gumising ng madaling araw kung maaga mga klase mo.

Maganda din namang magdorm, madami kang matutunan, gaya ng magtipid, maglaba, mamalantsa hehehe

[Larry Tan]

Hi Larry! It's been years! Our batch was surely something but it was proof that even the "promdis" can make it. Yes, being a CPA Lawyer has its advantages and I started doing what interests me most which is doing information systems development. The cross functionality really helps. Was just appointed by the President as the latest Deputy Commissioner of the National Telecommunications Commission. It's nice to know you're with AIM and doing consultancy work too. May take up graduate studies in AIM at some point in my life after my stint with government. Great to know you're really successful now. Keep on.

Hi Douglas,

How are you!!! Nice to hear you're doing great. Presidential appointee ka na pala sa NTC. Manila-based ka na ba? Kita tayo minsan & let's have lunch together. Si Ronnie Mastrili, VP-Finance na sa GMA-7, the others in our batch, I only get in touch with thru Facebook.

Guys, please welcome the topnotcher of the October 1986 CPA Board Exam - Douglas Malillin, a graduate of St. Louis University - Baguio & a groupmate of mine at SGV.

Keep in touch, Bro. By the way, I will be bringing my 120 MBA students to Baguio July 3 - 5. Will you be in Baguio on those dates? Might visit my former MBA students, the Bautista couple of Baguio University.

[PawnedKing]

Guys, please welcome the topnotcher of the October 1986 CPA Board Exam - Douglas Malillin, a graduate of St. Louis University - Baguio & a groupmate of mine at SGV.

Galing mo pala sir douglas.....