Saturday, May 24, 2008

Equals close-bracket

Things are coming together rather nicely:
  1. My holiday plans in June is crystallising nicely- the biggest issues (leave applications, itinerary, air tickets, hotel reservations) have been sorted out.
  2. I'm getting a proper feel of the balance sheet, income statement and cash flow statement. I can even flip between LIFO and FIFO accounting!



=)



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7 Comments:

Blogger Dr. Tan said...

IMHO the concept of LIFO is pretty stupid. Keeps the old numbers in the system for faks.

12:20 am, May 25, 2008  
Anonymous Hui Wen said...

Ermm...Oh Wowww..How come u need to come across with BS,IS, Cash flow statement and u even know what is LIFO and FIFO...Surprised me..Wooo

3:36 pm, May 25, 2008  
Blogger jean` said...

yay.

i mainly refer to no.1

no.2 is of not much concern to me.



i think. >.<

9:01 am, May 26, 2008  
Blogger Tan Yee Wei said...

Dt. Tan:
I think the main reason I learn it is because the course is from the US. And the US. GAAP allows the use of LIFO accounting.

Hui Wen:
Heh, yes the path to enlightenment is long.

Jean:
Hah, you wait. There might come a time when LIFO-FIFO flipping will be important. Then you'd be glad someone can help you wtf.

<3

4:30 pm, May 26, 2008  
Anonymous Hui wen said...

Do u mean, r u studying?

11:35 pm, May 26, 2008  
Blogger jean` said...

*xp

i hope not seeing i don't intend to cover the us gaap in my papers later.

i want to be home this weekend!!! =\

4:03 am, May 30, 2008  
Blogger sonia said...

How come I don't see all pictures loaded properly?? Must be my internet speed la..... Anyway, hi :) . So late edi, I'm supposed to sleep... Like the pics u took. And find "Sophie's World" interesting! with question mark there. Hehehe :)

2:21 am, June 22, 2008  

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