Accounting is one noble profession. The path of being a CPA is not easy; it takes a lot of courage patience and perseverance to become one. Many said that to become an accountant one must be intelligent and good in math. But I say to become an accountant you must be resourceful and has a sense of logic because it is easy to add and deduct but it is hard to analyze what the problem is really asking for.
Who says that accountant just stays in the office and does boring journal entries and reconciliation? Here are few of the popular people who are not being a prisoner in the profession that they have graduated.
IMPLEMENTING RULES AND REGULATIONS (IRR) IN THE CONDUCT OF THE 2011 NATIONAL CPA MOCK BOARD EXAMINATION
NO. 3, SERIES 2010
IRR 1.0 GENERAL GUIDELINES IRR 1.1 The National CPA Mock Board Examination is a nationwide-simultaneous event to be conducted by region across the country. IRR 1.2 The National CPA Mock Board Examination is open for application to students, Preferably graduating students, who are enrolled in a BS in Accountancy Program. IRR 1.3 The aspiring examinee for this event must be at least a 3rd year level of a 4-year course, 3rd year level of a 3-year course, or a 4th year level of a 5-year course.IRR 2.0 REQUIREMENTS IRR 2.1 Each examinee must comply with the following requirements (hardcopy): • Duly accomplished application form from the Office of the National Vice-President for Academics (downloadable at nfjpia.yolasite.com and nfjpia1011.multiply.com). • 1×1 ID picture (picture must be attached to the registration form). • Photocopy of school I.D. • Photocopy of recent registration/enrollment form.
IRR 2.2 All of the listed requirements must be placed in a short brown envelope.
What is Mock Board Examination? A Mock Board is a simulation for the actual board examination. The Professional Regulation Commission or PRC has nothing to do with the mock board examination. Any school or organization can conduct a mock board exam without notice or consultation with PRC.
Oftentimes different colleges from various universities conduct mock board examination to students who will be taking the actual board exam. Mostly Engineering and Accounting courses conduct the said type of examination.
2010 is over and we are now in the first day of 2011. But before I start let me greet all of you a Happy New Year.
Every end of the year a very common question arises and that question is what is your New year’s Resolution? But before that what is a new year’s resolution by the way?
What are New years Resolution? A popular answer to that is it is a commitment of a person to reform his habit and change his lifestyle for the better next year. These commitments will take effect at the first day of the year. New year’s resolution may be another term for goal setting but the difference is that it has a more emotional impact to the person making the commitment.
January is such a joyous month to the people of Central Visayas especially the Cebuano’s. Aside from celebrating New Year on January 1st and the Chinese which is mostly celebrated at January 26-29 depending on when is the first day of the first moon of the lunar calendar the grand celebration of Sinulog is also celebrated.
I am back scribbling my experiences last December 18 and 19 2010. I have already told you how I feel at the airplane and my stroll at Rizal Park. So now let’s continue.
It’s almost 2 weeks since I have written something. I have been a little busy with work and a lot busy with studies. Midterms will be next month and the next month after that will be my mockboard examination. But before the longer period of study time will begin I get a chance to stroll at once capital City of the Philippines Manila.
I have been browsing the net when I thought of visiting a good friend’s site. That good friend of mine is also a blogger. We have the same political stand and both of us have similar passion in helping others that’s why we are into the same political and humanitarian organization.
As I browsed his site I reached to a very interesting article a conversation about faith and science. The conversation really did catch my attention. I want this article be read by many so I posted it here in my site. I believe that like me you too will be happy reading this nice conversation and I hope that you too will share this for the benefit of understanding the link between God and man through faith. So here goes the conversation.
This article is the continuation of the two part article on learning ratio analysis. The first part of the article which was posted few days ago discusses the meaning of ratio analysis and other terms of ratio analysis like financial statement analysis and the technique being used. Now we are going to continue learning about the two other techniques of financial statement analysis which is the Profitability ratio and the Solvency Ratio.
Profitability Ratio This is the company’s ability to gain profit.
Rate of Return or Return on Investment – measures the net income generated by each dollar of investment.
Ratio Analysis also known as Financial Statement Analysis is one important topic in Cost Accounting and an integral part of Management Advisory Services. Most students are having difficulty in dealing with this topic because of the many formulas to remember. Given below are the key points one must remember in financial ratio analysis and is the easy way to study the financial statement analysis.
What is Ratio Analysis? Ratio Analysis is the process of identifying company’s financial strengths and weaknesses. This is done by properly establishing relationships between financial accounts in the financial statements namely the statement of financial position and statement of comprehensive income.
