Tonight I'm studying for a corporate tax exam, which is on Thursday. I would love to give you a brief overview of what we are covering, but I don't have time. Anyway, sometimes when you are studying it helps to chant. By that I mean, quickly shout cliche buzzwords in a strict, rigid fashion. You have to do it fast and with emphasis. Like this...
goals! deliverables! productivity! incentives! deadlines! focus! stamina! objectives!
It's very therapeutic.
Dabblings & Diatribes
Showing posts with label accounting. Show all posts
Showing posts with label accounting. Show all posts
Tuesday, September 27, 2011
Saturday, September 17, 2011
going concern
buttermilk, cake flour, blueberry, pancakes. incredulous. somebody pinch me. this is a dream. i'm in breakfast heaven...
then suddenly, i read a comment from this precocious accounting student who wants to correct my financial statement from weeks ago. mr. chan, it seems you do have a point. here's his comment, posted just today:
- the staff at d&d would like to thank our loyal readers for their scrutiny and care
then suddenly, i read a comment from this precocious accounting student who wants to correct my financial statement from weeks ago. mr. chan, it seems you do have a point. here's his comment, posted just today:
I believe your breakfast is not being faithfully represented. It seems that you've expensed all of the costs in this one breakfast period. However, the griddle can be depreciated over its useful life of breakfasts.we affirm the previous comment and will capitalize the griddle expenditure to be depreciated over it's useful life. the $60 breakfast was actually a $35 breakfast.
- the staff at d&d would like to thank our loyal readers for their scrutiny and care
Saturday, August 6, 2011
Down to Business (pt. 1)
This is the kickoff post for an exciting new series that will document my journey to graduate school, with highlights from my adventures in the accounting realm, plus anything else that tickles my toes. Here we'll address all the exciting functions of debits and credits, but also cover more generally the student/working life with all of its complications. Stay tuned...
We know that a subscription to the WSJ is a must have for any B-school student. But here's something you may not know about: CFO Magazine. This is quality reading for any aspiring accountant, or business student for that matter. I've been scanning the pages of CFO magazine since my undergrad days at UGA. You'll gain some solid, behind-the-scenes exposure to the business decisions that are shaping the landscape of our country.
Quick example. Do you know of a Morris Trust tax transaction? How about a Reverse Morris Trust (RMT)? If you are going into tax you need to know this, and you can read about it here. And take a look at the six cardinal rules of resume writing, compliments of Wendy Enelow.
Cheers.
Wednesday, July 15, 2009
Works
It's 10:02pm, and my day just started. My mouth burns and my stomach gurgles restlessly. Those wings again. And no malt tonight, they're out. "I'm in love with this soul, it's a meaning that I understand" runs through my broken headphones.
This day is almost over, I'll hope to be asleep by 11:00 tonight. But laundry needs to be done, the dishes grow impatient, and the FTTA reading list needs some attention. Another simple day; Work and dinner, then it's time to start the cycle again.
A fifty-five hour week requires eleven hour days, unless you want to work weekends. No sir! An eleven hour day means you arrive at nine (no since in coming earlier since India is still working until about then), and stay until 8. You can take an hour lunch break, if you want to stay until 9pm that evening. It is very glamorous.
I have special incentives. Overtime meals! My $16 dinner is covered by Diner's Club. It comes through as taxable compensation, but what do I care? My tax bracket is very understanding.
This day is almost over, I'll hope to be asleep by 11:00 tonight. But laundry needs to be done, the dishes grow impatient, and the FTTA reading list needs some attention. Another simple day; Work and dinner, then it's time to start the cycle again.
A fifty-five hour week requires eleven hour days, unless you want to work weekends. No sir! An eleven hour day means you arrive at nine (no since in coming earlier since India is still working until about then), and stay until 8. You can take an hour lunch break, if you want to stay until 9pm that evening. It is very glamorous.
I have special incentives. Overtime meals! My $16 dinner is covered by Diner's Club. It comes through as taxable compensation, but what do I care? My tax bracket is very understanding.
Tuesday, December 23, 2008
Public Accounting Report 2008
27th Annual Professor’s Survey
Top Undergraduate Accounting Programs
1 University of Texas-Austin
2 University of Illinois at Urbana-Champaign
3 Brigham Young University
4 University of Notre Dame
5 University of Southern California
6 The Ohio State University
7 University of Georgia
8 Indiana University Bloomington
9 Pennsylvania State University
10 Texas A&M University
Top Undergraduate Accounting Programs
1 University of Texas-Austin
2 University of Illinois at Urbana-Champaign
3 Brigham Young University
4 University of Notre Dame
5 University of Southern California
6 The Ohio State University
7 University of Georgia
8 Indiana University Bloomington
9 Pennsylvania State University
10 Texas A&M University
Sunday, July 13, 2008
Summer 2008 - Cooking
Today marks the 2nd consecutive anniversary of my "Learn to Cook" program. A mostly autodicatic curriculum, the program has consisted thus-far of two dishes. The strategy is simple; Sunday evening is the designated cooking night, and the meal will be used throughout the week for lunch and dinner, and heartily enjoyed until my budding tastes can no longer bear the sight of that food. Well, that's partially it. More reasonably, the idea is simply to cook food that will last me throughout the week. The first week was a pasta dish with shrimp, found here. It turned out surperb, though I'd like to have coated it with some parmeson cheese. The pasta was accompanied by french bread and a white wine - Francis Coppola Chardonnay to be precise. The meal was amazing and the pasta (which included a lb of shrimp) lasted an entire week - yes, nearly 7 meals, with some to spare. The downside was the cost, which amounted to nearly $35, wine excluded.
Today my wallet took another beating; this time for a shot at The Pioneer Woman's famed Lasagna. The trip to Publix set me back nearly $50, but keep in mind that I'm living in a new place this summer and as far and ingredients go I was starting from scratch. This included $6 for olive oil, $7 worth of ground chuck and sausage, $10 worth of cheese, and who knows what else. Yet, 3 hours and one meal later, I can testify that the expenses were gratified by the first bite. Mmmm! Delicious. The lasagna was better than I knew constructively possible - and I cooked it!!!
Tomorrow I may just take my lunch to work, again. And the next day? Why not!
Speaking of tomorrow - I'm scheming to make french toast, but this time with a jam/cream cheese filling. It's a strategy revealed over the weekend on a GPB cooking show. We'll see how it goes....
Today my wallet took another beating; this time for a shot at The Pioneer Woman's famed Lasagna. The trip to Publix set me back nearly $50, but keep in mind that I'm living in a new place this summer and as far and ingredients go I was starting from scratch. This included $6 for olive oil, $7 worth of ground chuck and sausage, $10 worth of cheese, and who knows what else. Yet, 3 hours and one meal later, I can testify that the expenses were gratified by the first bite. Mmmm! Delicious. The lasagna was better than I knew constructively possible - and I cooked it!!!
Tomorrow I may just take my lunch to work, again. And the next day? Why not!
Speaking of tomorrow - I'm scheming to make french toast, but this time with a jam/cream cheese filling. It's a strategy revealed over the weekend on a GPB cooking show. We'll see how it goes....
Monday, April 14, 2008
dispatches from a library basement
Not all floors are created equal. It's true. The tenderfoot library-studying student would discount this observation as a trivial nuance; or may not notice at all. But as experience and exploration testify, each floor has its own atmosphere, patronage and character.
Want to study in a busy, open and well-lit area? Try the first floor - through the double doors and immediately to your right. You'll rarely be alone, and there's plenty of breathing room. Maybe you're hungry? You'll find the cafeteria has some bargains, and often you might overhear law students arguing over their interpretations of dicta from their latest tort case. It's a nice place to people-watch, one of my pass-times.
Maybe you want something a little quieter? Try going up a few floors. On the 4th and 5th floors you'll usually see the same people. Sometimes they're graduate students, sometimes greeks. But if you see somebody at one table, chances are you'll see them there again. These floors are slightly more quiet, but you still have the occasional disturbance of a librarian squeaking around with her cart full of books, or a bewildered student trying to figure out what happened to the GH135.13 section; you'll notice him circle the floor about three time, then possibly return with somebody from the help desk (if he's hasn't just given up). The mid-level floors sometimes have nice windows. And although the glare from outside light can make laptop use difficult, the view is amazing(ly distracting). Most of the tables are out in the open; don't sit next to a bathroom! But if you snoop around a bit you might just find a random table hidden among the rows and rows of books. (Look along the walls).
The 7th floor is a whole different animal. In my opinion, this is where the cool, artsy people study. The video archives are here, and I think some fashion design publications. Generally a higher art-content area than other floors. There's one hidden wing that can be a good area to study, but usually there are already people here.
Want to study in a busy, open and well-lit area? Try the first floor - through the double doors and immediately to your right. You'll rarely be alone, and there's plenty of breathing room. Maybe you're hungry? You'll find the cafeteria has some bargains, and often you might overhear law students arguing over their interpretations of dicta from their latest tort case. It's a nice place to people-watch, one of my pass-times.
Maybe you want something a little quieter? Try going up a few floors. On the 4th and 5th floors you'll usually see the same people. Sometimes they're graduate students, sometimes greeks. But if you see somebody at one table, chances are you'll see them there again. These floors are slightly more quiet, but you still have the occasional disturbance of a librarian squeaking around with her cart full of books, or a bewildered student trying to figure out what happened to the GH135.13 section; you'll notice him circle the floor about three time, then possibly return with somebody from the help desk (if he's hasn't just given up). The mid-level floors sometimes have nice windows. And although the glare from outside light can make laptop use difficult, the view is amazing(ly distracting). Most of the tables are out in the open; don't sit next to a bathroom! But if you snoop around a bit you might just find a random table hidden among the rows and rows of books. (Look along the walls).
The 7th floor is a whole different animal. In my opinion, this is where the cool, artsy people study. The video archives are here, and I think some fashion design publications. Generally a higher art-content area than other floors. There's one hidden wing that can be a good area to study, but usually there are already people here.
Wednesday, March 5, 2008
Dinner with the Dean
I really, really, really want to see Henry Kissinger. The Secretaries of State; Henry Kissenger, James Baker, Warren Christopher, and Madeline Albright are coming at the end of this month. I enjoy famous people.
Cynthia Cooper was in town this week. Got to have dinner with her after the presentation and the North Tower reception. The East-West Bistro was quite an experience. Dean Sumichrast attended; He and Dennis Beresford were at my table, along with Dr. Gauthreaux from ILA. Very classy gentlemen. I was honored and very much impressed.
I haven't met many famous people in my short career. Peter Singer from Yale signed my copy of One World, his liberal globalization-ethics-issues book. Malcolm Gladwell signed my copy of The Tipping Point, another classic and New York Times Bestseller. Terry Bradshaw came to Atlanta to speak for Maximum Impact; some of us ILA students took pictures with him.
It's a barrage of B-list celebrities, but meaningful none the less. These are interesting people to engage, and I'm fascinated by how much we can learn from those who have traveled those roads that lie before us.
Cynthia Cooper was in town this week. Got to have dinner with her after the presentation and the North Tower reception. The East-West Bistro was quite an experience. Dean Sumichrast attended; He and Dennis Beresford were at my table, along with Dr. Gauthreaux from ILA. Very classy gentlemen. I was honored and very much impressed.
I haven't met many famous people in my short career. Peter Singer from Yale signed my copy of One World, his liberal globalization-ethics-issues book. Malcolm Gladwell signed my copy of The Tipping Point, another classic and New York Times Bestseller. Terry Bradshaw came to Atlanta to speak for Maximum Impact; some of us ILA students took pictures with him.
It's a barrage of B-list celebrities, but meaningful none the less. These are interesting people to engage, and I'm fascinated by how much we can learn from those who have traveled those roads that lie before us.
Subscribe to:
Posts (Atom)