11/29/2015

Accounting Conversations


stellaartois.com
Two bachelor accountants meet up for a drink..


"Yo B, what's happening!"

"Still a going concern baby.  What's happening at your end?"

"As usual, this MacDaddy double rules!  All books closed on WD2-- 1 day earlier than agreed SLAs!  First time I'm actually looking forward to our monthly post-mortem review!"


*FIST-BUMP*


"Any news from C?"

"Yeah, that dude's on accelerated depreciation mode, bro.  The last time I saw him, he looked like he aged 10 years since our last college reunion!"

"Damn, that SGV partnership path is a killer.  Don't even have time to go out drinking with us, huh?"

"Oh well, no pain no gain."

"I thought he's getting conjugal soon?"

"Knowing that guy, he's gonna defer that decision for as long as he can. He's always going on and on about there being no tax advantages to marriage."

"Unless they go at it like rabbits and produce those tax-deductibles, stat!"

"Ha ha! Right!  But the man has been dead set on coming up with a financial model first. You know, a cost-benefit analysis to see if those tax deductions can actually cover the cost of raising babies."

"Jeez, he shouldn't be thinking of kids as something that he can plot on a balance sheet."

"Agree!  Nor should he look at marriage from a tax deductions point of view.  He should be considering the intangibles as well, you know, love, happiness, fulfillment; the whole human experience!"


*SILENCE*


"Wahahahaha!!"  

"You're so full of of shit!  Why don't you take your own advice then?"

"Why don't you?"

"Well maybe I'm just waiting for C's financial model to be completed."  


*LOOKS AT EACH OTHER*


"Wahahahaha!!"

"I'll drink to that!"


*LONG SIP FROM THE BEER BOTTLE*


"Say, what mutual fund are you into these days...?"

#

11/26/2015

Five Reasons Why You should Never Date An Accountant


Any accountant worth his/her salt sees everything two ways--  what goes in, and what goes out.  

Everything. 

There is no debating this.  

For an accountant, the world revolves around two concepts; debits and credits.  Physicists have a different term for this.  They call it Newton's 3rd law, which states that for every action, there is an equal and opposite reaction.  It may smell different, but it's the same banana.

Having established this foundation, let's now list down the reasons why you should never date an accountant.

1.  To an accountant, you're either an investment, or an expense.  When an accountant starts courting a girl, he will give her flowers, chocolates, buy her dinner, even take her to the movies. Generally, the accountant will view these initial outflows as investments.  Which means that he's spending all these money with an expectation of future gains.  As time goes by however, and the accountant feels that he's going nowhere with these 'investments', he'll start to re-evaluate his initial assumptions and over time, when his efforts remain fruitless, he'll start considering these outflows as expenses.  So at the end of another date, when an accountant looks at you weirdly, he's probably thinking, 'Is this woman an investment, or an expense?'.  If he finally decides that you're the latter, be prepared to be written off.

2.   An accountant is pathologically balanced.  That may sound like a really good trait, but is it really? Is it?  You may have heard of some anecdotes from your accountant friends how they spent all night looking for that missing 1 peso.  'Why would you do that?', you ask.  Because the freaking BALANCE SHEET is not balanced that's why!! How can we ever call it a balance sheet if it's not balanced?? Might as well call it SHEET!!!  Ok, sorry, my emotions got the better of me.

3.  Details, details, details.  You ever heard the idiom, the devil is in the details?  Well an accountant is extremely detail oriented.  He will look at everything top, down, sideways to ensure that he's covered every possible angle.  That includes you.  He will notice that you got lipstick on your teeth.

4.  Master of the fine print.  On the flipside, an accountant will also tell you everything in the interest of full disclosure, but be mindful of everything he says. Take note of every detail.  An accountant has been trained in the art of the fine print.  Ever heard of notes to financial statements?  Yep, accountants have been known to hide things in there.

5.  Checks and Balances.  Accountants like things whole.  If he pays for a dinner check worth P1,695.75 and he gives out two P1,000 bills, he expects to receive P304.25 in change, calculated in advance. He needs to get the exact change or at least take note of the discrepancy as this could drive him crazy when he goes home at the end of the day, and does his daily cash reconciliation.  He might just spend all night looking for that missing 1 peso.  <<see #2>>

When all is said and done, this is just a humor piece, and should not be taken to heart.  Given that the writer is making an attempt to be funny, you can be certain that the writer is no accountant.  As everyone and their mother knows, accountants don't have a sense of humor.  

And that's #6.



11/12/2015

September 2015 CPA Board Exams Results (SPLBE) Topnotchers


The successful examinees who garnered the three (3) highest places in the September 2015 Certified Public Accountant Licensure Examination (Middle East) are:

September 2015 CPA Board Exams Results (SPLBE) Full List of Passers


The Professional Regulation Commission (PRC) announces that 30 out of 146 passed the Certified Public Accountant Licensure Examination given by the Board of Accountancy in Abu Dhabi, United Arab Emirates; Al-Khobar, Jeddah and Riyadh, Kingdom of Saudi Arabia and in Doha, Qatar last September 2015.


Roll of Successful Examinees in the
 C. P. A. LICENSURE EXAMINATION - MIDDLE EAST
 Held on SEPTEMBER 24,2015 & FF. DAYS Page: 2 of 2
 Released on NOVEMBER 12, 2015
 Seq. No. N a m e
 1 ALDUCENTE, PAUL VINCENT AREVALO
 2 AYSON, KENTRY BELTRAN
 3 BAGAIN, MICHELLE DADIVAS
 4 BARAQUIEL, ANNE MARJORIE ARGAMOSA
 5 BAUTISTA, JOAN KAY MENDEZ
 6 BILAO, MOHAMMAD DIMENDA
 7 BITONG, JOSEPH PEREZ
 8 CABALUNA, VICENTE JR GANDALLA
 9 CALIBO, CHARLES VINCENT CUSTADO
10 CHIMLANGCO, RIA MAMARIL
11 CONSENCINO, ROGEL CASAS
12 DELA PEÑA, SOFRONIO JR AQUINO
13 GABRIEL, VENANCIO BARSICULA
14 GARNACE, PRINCESS PAZ YAP
15 GATMAITAN, JULIUS ICO
16 GATPANDAN, KHRESTINE MATIRA
17 GENOVA, MARY ANNE PADILLA
18 HOMERES, ANNE TRIMOR
19 JOVEN, DAISY VERAQUE
20 LEE, LEO OSCIANAS
21 LINATO, ANASTACIA CECILLE EXCONDE
22 MAKALINTAL, MARIA LUISA CASALA
23 MARIÑAS, ROMIEL PADAMA
24 MOLAS, WARREN FERNANDEZ
25 PURA, CHRISTIAN STA ANA
26 QUIAOIT, CAMILIE JANE RINT
27 REINTEGRADO, IRMA PARUNGAO
28 SANTIAGO, VICTOR DE BELEN
29 SANTOS, BEVERLY LAZARO
30 SIERRA, KRYZELL ANNE CATARIN
NOTHING FOLLOWS----------------------
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