Showing posts with label Book Review. Show all posts
Showing posts with label Book Review. Show all posts

Monday, March 10, 2014

World's Oldest Library

The world's oldest library can be reached by anyone if he wished it. It is open twenty-four seven. Anyone can tour around the oldest library. Inside the library are places where you can find answers for your personal problems and they are well presented on the following ancient writings translated in the language of the average person.



However, there are still many people who seldom visit the oldest library. Many of them assumed that what could be found in the library is too difficult for them to understand. Others are a little frightened and some of them just do not expect to find anything in the library that applies to the needs and problems of men and women of today.

The oldest library contains the 66 ancient Hebrew and Greek writings. They were written over a period of hundreds of years and translated in the language of the average person by scholars who were guided by the Holy Spirit. Yes, the Bible is the world's oldest library. People who often have visited the place considered its message important and relevant. One of the main reasons for its continued, consistent popularity as it speaks to anyone needs and gives him answers to his personal problems.

For more details visit:
Sources of facts and other info:
·         King James Version of the Holy Bible
·         New International Version of the Holy Bible
·         The Church of Jesus Christ of Latter-Day Saints
·         Magandang Balita Biblia (Tag-alog Popular Version)

Wednesday, August 15, 2012

Theory of Accounts: Book Review

In Philippines the CPA Licensure Examinations is served during the months of May and October. And I also understand that Bachelor of Science In Commerce Accountancy in Philippines is taken up in five years not anymore in four years. This book Theory of Accounts has great potential to help graduating students of Accountancy for self-review.



This is a short review about the book entitled "Theory of Accounts Volume One" which was published and printed by GIC Enterprises & CO., INC. 2019 C.M. Recto, Manila, Philippines in January 2012 with International Serial Business Number (ISBN) 971-9919-16-2. The book was written by two writers namely:

  • Conrado T. Valix - a BSC and LLB. He is a Public Accountant and Lawyer. He is the President, Review Director and CPA Reviewer, CPA Review School of the Philippines (CPAR) and a Lifetime Member of Intergrated Bar of the Philippines.
  • Christian Aris M. Valix - a BSME and BSA. He is a Certified Public Accountant. He is an Ateneo Management Engineering Graduate, a Faculty Member - Ateneo and San Beda and a CPA Reviewer, (CPAR).
The Theory of Accounts was written in unique approach and style by this two great writers Conrado and Christian - who are both Certified Accountants. Their unique approach and style could attract readers to read the book.
What good about the book? This book serves as a reviewer in Theory of Accounts in the Philippines CPA Licensure Examinations. It is prepared in accordance with the syllabus for Theory of Accounts issued and approved by the Board of Accountancy. This reviewer is largely based on the Conceptual Framework for Financial Reporting, Philippine Accounting Standards or PAS and Philippine Financial Standards or PFRS.
The layout and presentation of the book as found on the book contents started from multiple choice questions with corresponding detailed answers and the following standards of subjects covered on the book are numbered as the same as their counterpart in International Accounting Standards or IAS and International Financial Reporting Standards or IFRS namely:
  • Presentation of financial statements
  • Inventories
  • Accounting policies, changes in accounting estimates and errors
  • Events after reporting period
  • Construction contracts
  • Property, plant and equipment
  • Revenue
  • Government grants and government assistance
  • Borrowing costs
  • Related party disclosures
  • Investments in associates and joint ventures
  • Financial instruments - disclosure and presentation Interim financial reporting
  • Impairment of assets
  • Intangible assets
  • Financial instruments - recognition and measurement
  • Investment property
  • Agriculture
  • First time adoption of Philippine Financial Reporting Standards
  • Noncurrent assets held for sale and discontinued operations
  • Exploration and evaluation of mineral resources
  • Financial intruments - disclosures
  • Operating segments
  • Financial instruments
After reading the book, I would not hesitate to recommend that this book must be read not only for students who are taking up accountancy but also to people like bloggers, other writers, moms, dads, employees, businessmen, other professionals and even high school students who also need to learn the language of business. The book is full of detailed information and the language used is easy to understand.
For anyone who has the interest to read the book - contact the official distributor CONANAN EDUCATIONAL SUPPLY, located at 2019 Claro M. Recto, Manila, Philippines - telephone numbers: 735-55-82 and 735-55-86.
There are many ways to learn the language of business, its definitions and other accounting terms namely: by reading books and other accounting modules, by attending to some training and seminars about personal finance and other business opportunities. All can be done both offline and online.
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