Home Archive FACTS Tumblraccountants ASK

Share ko lang yung isa sa mga problems na lumabas sa Auditing Problem sa board exam.

May isang problem doon na mga animals accounted for as PPE at measured at cost, enumerated yung mga hayop na ginagamit daw for their business na Zoo. Ang twist doon may useful life yung mga hayop kasi nga accounted as PPE.. Nakakatawa yung Monkey, Giraffe, Tiger, Elephant, etc. nilagyan na ng taning ang buhay. hahaha. Tapos may Birds din doon na for breeding purposes daw at hindi accounted as PPE instead, Bio.Assets..

Tapos ang mga tanong doon sa problem na yun, How much is the cost of PPE, How much is the Depreciation, How Much is the Cost of Inventory, How much is the gain from Change in Fair Value at How much is the cost of Bio Assets.

Sa bawat tanong, may choice na “nil” which ang assumption either 0 or answer not given. May ilang sumagot na puro “nil” dahil hindi naman subject to depreciation ang hayop as per standards, at may ilan din na dinepreciate yung mga hayop dahil accounted for as PPE yung animals based sa given…

Kung kayo ang examinee, paano niyo ittreat ang problem na ito? ito siguro yung pinaka nakakawindang na tanong sa Aud Prob this batch. haha

Hi Kuya Ced! I just want to tell you that I love you. Joke! HAHA! Eto na nga! I know papasa ka. I'm praying for you dahil alam ko na deserve na deserve mo yan. God bless :))
Anonymous

Haha Thank you thank you! Hoping din ako na makakapasa ako at ibibigay ni God sa akin ang title na yun as birthday gift. Continue praying for us examinees. God Bless! :))

9 days before my birthday, also the same day na iaannounce yung results. Lord, birthday gift mo na sa akin ang pagpasa ko, please po. :)

4 down, 3 more to go. Kapit lang, Cedric. Kayang kaya pa. :)

Praying for you kuya! Pasado na! Woohoo go go go! God bless you

Thank You, Cess! Continue praying for us takers! :))

Mag aaral pa ba ako para sa 2nd day ng exam bukas. Aud Theo, maging mabait ka sakin kahit bukas lang please. Kailangan mo maging madali/answerable sa utak ko para makuha ko ang three-letter word na inaasam ko…

Continue praying for me guys :))

I can do all things :)

It’s officially July 19, and it means Less than 30 hours na lang!!! Inherent na siguro sa lahat ng mga mageexam ang kabahan, The fact na board exam pa ’to. Grabe yung feeling. Ako mixed yung nararamdaman ko, pero mas nafefeel ko yung excitement, kasi after almost how many years of studying accounting and how many months of culmination, eto na, eto na talaga, the long wait is here.


I’m not totally 100% ready to be honest, Yet I know in myself that I really prepared a lot (although not sufficient) in this final battle. Hindi ako ganun ka confident na kaya kong masagutan agad ang kung ano man ang mga lalabas each subjects (unpredictable ang exam dahil new set of examiners) lalo na sa Auditing Theory dahil waterloo ko yung subject na yun. But I know, sa bawat pagsagot ko sa mga questions sa board exam, hawak ni Lord kamay ko para ituro ang tamang sagot. He will lead me at the right path. Alam ko na hindi niya ako pababayaan sa exam na ito.


Whatever will be the outcome, tatanggapin ko ng buong buo. I can do this. We, the supposed-to-be May 2014 CPA Board Takers, can and will make it this July 2014! :)

7 days before boards. Finally, sana di masayang ang 8 months review ko. Sa Aud Theory ako pinaka kinakabahan, binasa ko na ng paulit ulit yung Salosagcol pero pag nagsasagot na ako ng MCQs hirap pa din ako makuha yung tama. huhu. Kailangan ko na ata tawagin si Batman. hahaha. Please pray for me. I know that I am really doing my part, ayoko masayang talaga sacrifices at efforts ko. Kayang kayang kaya ito! :))

Hi :D PAano po malalaman ang book balance, kapag di naman sinabe sa statement? edi date po yung titignan ko paano po? tapos may mga deposits and withdrawals pa. Thnx.
Anonymous

Sa Bank Reconiliation ba ito? Kung hindi specifically “book balance” ang nakasulat, minsan ang nakalagay ay cash balance per ledger. :) Yung deposits and withdrawals naman related yan sa proof of cash. other term for Receipts (Deposits) and Disbursements (Withdrawals). And to arrive the ending balance for Cash, kunwari, December 31 bank recon gagawin mo. unadjusted ang hinahanap. Cash Balance, Nov. 30 add Deposits Less Withdrawals for December equals Cash Balance,December 31. Remember na unadjusted pa ito. May mga reconiling items pa na kailangan mo tignan to arrive at the adjusted balance :)

Hi:) bat ang hirap po ng bank reconciliation? Diko magets :( yung eeentry dun :(( pahelp po
Anonymous

Hmm sa Bank Recon kasi ang ginagawa ko, binabasa ko each items tapos i-iidentify ko kung book or bank reconciliation item siya then after nun gagawa ako ng working paper solution from unadjusted to adjusted balance, then remember na book reconciling items lang ang gagawan ng entry. wala tayong pakialam sa bank reconiling items. Practice lang ng practice magsolve! kaya yan! :))

Hi kuya, tanung ko lang po kung anung effective na book para sa income tax? *Lapit na po boardx, go go go kuya Cedric!=) we're praying for you! Pasado na, woohoo! Congrats po in advance hehe thanks po.
Anonymous

Hi! Sorry sa late answer. Try Virgilio Reyes’ Reviewer in taxation. Pwede rin yung kay Ampongan pero careful sa ibang mali doon medyo misleading sa concepts. (pasintabi sa author) :)

Talaga nga naman… Hahaha! #InstaEmote  #ootd (at Canyon Cove Beach Club, Nasugbu, Batangas)

Talaga nga naman… Hahaha! #InstaEmote #ootd (at Canyon Cove Beach Club, Nasugbu, Batangas)

July 3 na, 17 days na lang, board exam na. Kinakabahan na ako at the same time excited. Gusto ko na matapos to, seriously. Feeling ko pumapangit na ako kakaaral araw araw. Sana magbunga lahat ng hirap ko. Patience lang. Alam ko, Ibibigay sakin ni God ang title na ito by the end of this month :)

23 Days left.

Pressure is on.. Please pray for me guys! Hindi man madali ang exam, basta sana kahit papano madalian ako. Hehe :))

Pangarap ko to, ang maselfie sa highway. hahaha (at Shakey’s Roxas Blvd. Malate)

Pangarap ko to, ang maselfie sa highway. hahaha (at Shakey’s Roxas Blvd. Malate)