If you think you're beaten

If You Think You're Beaten

If you think you're beaten, you are,
If you think you dare not, you don't.
If you'd like to win, but think you can't,
It's almost for sure, you won't.

If you think you're losing, you've lost.
For out in the world we find -
Success begins with a person's will,
It's all in the state of mind.

If you think you're outclassed, you are,
You've got to think high to rise.
You have to stay with it,
In order to win the prize.

Life's battles don't always go,
To the one with the better plan.
For more often than not, you will win,
If only you think you can.

first mandarin post, syiok.

幸福要自己追求，

我不敢去追求我的幸福，

我怕我无法给你幸福。

我想给你世界上最好的，

不让你受伤害，保护你，疼你。

但我怕我无法给你最好的，我怕让你受苦，

我怕伤了你的心。

我尝试了逃避，

我尝试了回避，

我尝试了退出，

但并不代表我不关心。

我希望你笑，希望你开心，

怕你被欺负，怕你吃亏。

不希望看见你哭，不希望看见你伤心。

我只希望你得到最好的。

是时候放下了，开始觉得辛苦了。

仿佛没完没了似的。

在爱情的世界里，我可能注定是个失败者。

我不大会表达。只能闷在心里。

表达过后又怎样呢? 又怕面对后果。

算了吧。不过我的心从来未变过。

考试快到了，统统放下，考完再说。

听YIRUMA-KISS THE RAIN 有感而写滴，没别滴意思。

华语最爽，英文sibeh难形容自己的心情。lol

awe some

old vids but who cares, awesome XD

huhu

if cry can gain popularity, why not?

if cry can solve problems, why not?

if cry can prove your loyalty and passion, why not?

cry babe cry ~~~~

BPP 2009 Dec exam tips

F5
Performance Management (possibly with transfer pricing)
Budgeting including objectives and behavioural aspects
ABC
Pricing
Variances including planning & operating variances

F7
Q1 (25 marks): Consolidated statement of comprehensive income (P&L) and/or statement of financial position (balance sheet) with one subsidiary plus associate (including adjustments for fair values, unrealised profit, intragroup trading, goods/cash in transit, other syllabus area). Discursive part (b) on reasons for adjusting for unrealised profit or other group topic.
Q2 (25 marks): Accounts restatement/preparation with adjustments e.g. depreciation, current/deferred tax, inventory (stock) valuation, leases, substance over form issues, financial instruments (FV change or amortised cost), revaluations, share issues or government grants. May include EPS calculation or movement in share capital and reserves.
Q3 (25 marks): Interpretation and/or statement of cash flows, perhaps with written part on not-for-profit entities. Interpretation may focus on limited ratios and their interpretation (e.g. ROCE and its components). Sections of a statement of cash flows (rather than whole statement) may be tested
Q4 & Q5 (15 & 10 marks): One question in context of conceptual framework; other containing one or two discrete topics. Possibilities: regulatory framework, inflation, earnings per share, government grants, impairment, substance over form issues, leases or intangible assets

F8
Not for profit organisations
CAAT
Corporate Governance
Test of Controls
Substantive Testing
Audit Reports

F9
Working capital: this has always been a favourite theme; questions on inventory management and receivables management are likely here. Make sure that you are comfortable with calculating the operating cycle and explaining the concept of over-trading.
Investment decisions: this exam normally contains a question involving net present value (NPV), often with tax and inflation; discounted cash flow techniques can also be applied to asset replacement, capital rationing and leasing as well and one of these areas could well be tested this time. Remember that you may need to calculate a weighted average cost of capital before you calculate an NPV.
Sources of finance: this is a topical area, we would expect a part question on financing problems covering gearing issues and problems for small-medium sized companies. Ratio analysis is likely to feature here.
Business Valuations: this area is commonly tested and is a core syllabus area. You should note that in recent sittings the examiner has looked to combine different syllabus areas within the same exam question – for example asking you to calculate a cost of equity and then use it to value a company.
Make sure that you are also able to value debt. Finally, you need to be able to explain the efficient markets hypothesis – recent stock market volatility casts doubt on the ability of stock markets to price securities in a rational way.
Financial environment & Risk management: recent exchange rate and interest rate volatility could impact on a company’s financial management plans – a part question on this area could be set, with further discussion and calculations on hedging techniques.

P1
Sarbanes Oxley - why a rules based system is suitable for corporate governance and comparing it to the UK combined code
CSR - benefits to organisations of engaging with stakeholders
Auditing processes - benefits of internal auditing, focussing on environmental auditing
Disclosure requirements under Turnbull report
Discussing an ethical issue using the American Accounting Association model
Explanation of some of the 9 principles of good governance
Features of an effective control system
Roles of different committees at board level
2 Tier v unitary board structure

P2
Section A
Compulsory case study including preparation of a group statement of comprehensive income (profit and loss account) (top tip) and/or statement of financial position (balance sheet) including complex group structures, continuing and discontinued activities or group disposals. This will include other accounting complications such as financial instruments, pensions, share-based payment and impairments.
There will also be discursive requirements on a linked accounting adjustment and social/ethical aspects of corporate reporting and the link between morality and ethics.

Section B
Industry question (often Q3), testing range of standards (NB: no specific knowledge of the particular industry is required)
Discussion question (Q4) looking at current developments in corporate reporting such as proposals relating to fair values, success/issues on implementation of IFRSs, treatment of gains and losses on pension schemes, small and medium-sized entities, management commentary, comprehensive income/presentation of financial statements, improvements in performance measurement. May also include a related computational part based on figures from a case study
'Multi-part' testing a range of standards separately, such as related parties, pensions, changes in accounting policies, recognition and/or impairment of tangible and intangible assets, foreign currency transactions, leases, revenue recognition, consistency of standards with the conceptual framework, changes in accounting policies, the effect of accounting treatments on earnings per share or ratios and deferred tax implications

P3
Organisational goals and culture
Environmental analysis
Business processes
Quality initiatives
Methods of organisational expansion
Strategies for competitive advantage
Portfolio analysis

P4
Role and responsibility towards stakeholders: ethical issues continue to appear regularly as an optional discussion question. This is an important area to develop as a strength, since the discussion question is normally one of the easier optional questions.
Advanced investment appraisal: real options and adjusted present value are popular themes and were not tested in the last two sittings. Cost of capital calculations are regularly tested, make sure that you are comfortable adjusting betas for differences in gearing.
Acquisitions and mergers: this exam normally contains a question involving valuations which the examiner sees as a crucial part of the syllabus, and this area was not examined in June. To give this a topical twist you might be valuing a company that is splitting itself up or selling off a division.
Corporate reconstruction: this is a topical area; a question could also ask you to evaluate a capital reconstruction e.g. a business that is considering offering its creditors shares in order to enable it to survive.
Advanced risk management: foreign currency derivatives are due to be tested numerically.
Emerging issues: the January 2009 article by the examiner on ‘toxic assets’ indicates that this area may well be examined as a part of a question.

P5
Scope of strategic performance measures in the private sector: you may be asked to draw up an income statement or budget or to compare actual performance against a benchmark. This could include the use of activity-based approaches, learning curves or optimal pricing. Once the financial data has been collated and compared, questions usually include the need to comment on these and may require discussion of non-financial indicators, additional information to improve assessment or strategies to improve performance.
Divisional performance and transfer pricing issues: this chapter has been a key issue in P5 exams so far, often appearing as a compulsory question. ROI, RI, EVA or even ABC could feature here. Transfer pricing has not yet been tested in a full question but has appeared both as part of optional questions, numerically, and part of the smaller compulsory question, discursively.
Current developments / trends in management accounting: modern management and management accounting techniques have been examined here with both JIT and TQM common topics in the previous syllabus. Knowledge of these was used to discuss the impact they would have on information systems / performance measures.
Alternative approaches to budgeting for control: budgeting has been a favourite essay question with your examiner, but missed out in 2008.
Management accounting and information systems: a question on sources of information, relevance of operational management accounting information in today’s business environment or types of management information system is possible at this sitting as it has not yet been tested in depth at P5.
Alternative views of performance measurement: the examiner often includes a question to evaluate an organisation against an established theoretical model. The balanced scorecard, performance pyramid and building blocks have all appeared in previous exams.
Performance hierarchy: linking strategic decisions to mission statements or suggesting strategic options using models such as Ansoff’s matrix or the BCG matrix lend themselves to questions containing a mixture of financial and discursive elements

P7
A risk-based and/or planning scenario in the compulsory section
Questions based on articles published in Student Accountant in the past six months - such as recent articles on the Clarity Project and Computer Assisted Audit Techniques (CAATs)
A number of requirements asking for audit procedures and required evidence in respect of specific financial reporting issues (CAATs could also feature here)
A practice-based scenario looking at professional, ethical and quality control issues
A reporting scenario of some sort
Legal and regulatory issues affecting assurance providers, especially in the context of firms’ professional liability, money laundering and the UK Companies Act 2006 (even the IAASB Clarity Project)
The requirements of other forms of assurance engagement, such as Prospective Financial Information (PFI), Value for Money (VfM) studies or agreed upon procedures
The correct treatment of more complex accounting issues (such as employee benefits or first time adoption of IFRS) than has been seen before
As in June 2009 with ISA 315, specific ISAs may be examined in sufficient detail to warrant learning the key elements for regurgitation in the exam
Discrete topics that we have not yet seen such as subsequent events as part of evaluation and review, questions using the context of internal audit or advertising for certain engagements
The need to understand current issues such as globalisation, the impact of the recession on auditors, corporate governance, risk management and auditor liability.

2012

watched 2012 today, it was a great movie, eventhough the movie was kinda long, 2 hours and 45 mins but worth to watch it twice. Humans are meant to be selfish? i think we all have forgotten our basic inherent humanity within us. the rich russian in the movie, he so darn hell of rich but when it comes to the matter of death and danger, he too seems helpless and no matter how rich he is, he cant save himself in the end. im not sure whether the 2012 thingy is true, but the storyline was based on the mayan prediction and if it is true, what u wanna do in the next 3 years? im not trying to scare anyone of u but have we really think about the matters of life and death? and i notice natural disasters happened quite often nowadays, earthquake, flood etc. were all these early signals of the 2012 thingy? are we just blinded by all the material things and forgot our inherent humanity values such as loving, caring, respect etc? protect the earth from now on, and humans are the most dangerous species, we are destroying our home(earth) each day and let us take care of our home and at the same time dun forget our inherent humanity values.

another thing about problems. problems are problems just the way you think they are. they are called problems because you think they are problems. to others, they're merely ..hmmm issues and probably small ones. so dun think you cant solve the problem my friend, we all have different kind of problems. nothings are unsolvable. brain is funny. if u think too much, you will keep on generating new ideas to support your thinking. so just step back, ease the burden of your mind, you will see more clearly and better view of the overall pic. **and and emotions are dangerous, understand your emotions well so that it wudnt interrupt ur thinking. bad emotions can interrupt your rational thinking and if they successfully took control over u, u're blinded by them. so yea, step back, remember you are the one who have the ultimate power over how you wanna feel, you are the owner of your own thoughts and emotions, so dun let your 'slaves' control u instead. otherwise it will lead to pain, suffer, and disappointment.

exam is near, so all the best to all of u. adios and take care. good luck in your exams.

spontaneous....... again

u have it, because it belongs to you.

if it doesnt belong to you, no matter how hard u try,

u wudnt get it.

is life unfair?

i always believe life is unfair, why he has that? why he? how he did that? why his so darn rich? why im poor? why she loves him but not me?

why he loves her but not her and her? why his the prime minister (najis) but not him or her? why he kena toto but not me? why he died so early?

all these questions will go on and on and on,

is life really that unfair? i just realised... nope, why?

coz karma, or cause & effect

everything u own now, be it money, relationship, fame or whatever material things you name them,

all these things, if they are yours, they will come to you, yea, i just said, they will come to you.

however, if they arent yours, no matter how hard you try, you wudnt get them.

do you believe in fate?

i wish i know my fate, i wish i can have a look on my fate book, if there exists one,

so i'll stop chasing after things that i wudnt get in my life, less dissapointment.

nw i dont believe things just.. happened, i believe things happen for a reason.

whats the reason? karma.

life is a maze(quoted from pj xD),

if you dunno how to let go, you keep chasing after things that you wudnt get.

even if you get it, it wudnt last long.

after that you'll go for another thing, again, you chase, chase and chase,

sometimes we need to let go, right?

above all, i believe we all can create & change our fate,

even your fate book states you wudnt get this and that in your life,

if you do good deeds, speak good words, u based your actions on 'good' and avoid 'bad',

i believe all of us can change our fate. if you want to get something, act upon the 'cause', and you will get the 'effect'.

by then,

life is no longer a maze

but

life is amaze.

roar~~

exam is real close,

REAL CLOSE ~~

POi EM

Some people might say life sucks or life is full of shit While other people say life is beautiful or life is full of surprises I must say, I agree with all those Life is whatever you think of it..and everything you think of it Life is what you make it of it and what you say of it. Life is about sadness Life is about happiness Life is about pain Life is miserable Life is about loss Life is about smiling Life is about crying Life is about love Life is about laughter Life is about learning from your mistakes Life is horrible Life is dumb Life is awesome Life is depression Life is tears Life is sorrow Life is anxiety Life is Bullshit Life stinks Life sucks I could go on and on and tell you all about life But I'm not here to sort this out for you cuz.. Life is all about you and how you treat it You criticizes it...well, you're actually criticizing yourself You like it, you hate it..well, its all up to you Life is you so be careful how you describe it Chaotic Life aka Curly Mer

bb

enaek

I dont know why, but recently I have deep resentment towards myself. i criticize myself very often. I think becoz of exam stress. I feel extremely uncomfortable in front of the crowd, and esp u. I have been acting real stupid recently, I feel that I do not deserve to be loved, I do not deserve to have a girlfriend, others are much better than me, and i believe if you follow them, it would be good for you. Others are much better than me. The feeling is so fucking hard to bear, i mean, you like someone but you know you do not deserve to get her, because you are such a fucking stupid, useless asshole. I am bearing this fucking feeling now, i feel like i want to just run away, run as far as i can, leave everyone behind me, and start a new life. I want to walk away, just walk away, i choose to walk away, but you're still the one, and the only one.

legend

w.a

私は扱われている方法のようにしないでください.

実際に私のように1つではない参照してください,

時々私はあなたとは、実際に私を共有できることを願う

私は人々の目の前では、特定の映画の画面には、観衆の前で選択します。

しかし、私だけは非常に愚かに見えます。私は、実際に私は満足していない、私は観衆の前で別の人間だと言うことができる。

時間を自分の正面に動作を停止し、すべての私を理解することができます希望される方が良いしかし、私はそれはそれの文字の面で大規模な変更が必要な、簡単な方法私は話をし、最も重要な方法で私はあなたを扱うことができないと知っているみんな。

現時点では、私だけで徒歩することに、私ではない面白い面白いが、人間の私は、実際には非常に深刻な人間と私は成功した一日になるに熱心だとで成功するために私は今、自分準備している将来インチ.

もう一度私だけ離れて歩いても選択する場合におけるiダム誰も私の友人と私の家族というわけではありませんが、それは私のように私は自分自身を向上させることができますし、よりよい生活をこのような課題を取り上げる必要がある。

しかし、私はあなたに私たちの目の魂の窓ていると聞きましたが私の目を通して私の気持ちを見るには、それを得られないかもしれませんが、私は、あなたにそれを表現しようとすると良いと感じたしてください。しかし、最も重要なのは私が会った私の家族私はすべてあなたのことを意味私の友人のすべてのあなたの愛

ので、私にとっては、期待して、すべてを見つけられないだろうし、不要な問題を避けるために別の言語でそれを表現するために必要です私はちょうど私の気持ちを表現したい

のように私は、環境とiによって制御されて嫌いに制御されている私は、自分の人生とiを制御する必要を感じた人は私とはiは将来のことがしたいの面での変更をしたい。

試験本当にすべての最高の男とするすべての愛を近いものです。

sfup

i know i shouldn't do this, i know i shouldn't do that, but the problem is, i did all those things i shouldn't do in the first place. i dunno how to express it out, i planned, i visioned how i should act, but when the time comes, i fucked up, real fucked up. the thing came out to be more worse than i could ever imagined, this is not want i want, can i just let it go and let it be? no, there must be something wrong with my values, assumptions, beliefs and possibly paradigm.

something that i do frequently and i assumed to be true and i do it without ever giving a second thought of why i'm doing it. i thought it would be wrong if i do this. but till one day, i realized that, i should do what i shouldn't do. you can imagine how fucked up the situation is.

a short and only-i-know-why post.

失眠了一个星期

崩溃啦

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scream

this is better:

ai rish and cell tick

IRISH AND CELTIC SONGS ARE

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COOOOOOOOOOOL~~~~

and the girls tooooo

xD