Helloo, sharing my Tax summary reviewer lang na ginagamit ko since undergrad myehehe, updated na rin po yan lahat ng kailangang i update (sana walang nakaligtaan? HAHAHA)
Sources:
• Tabag
• Ampongan
• REO
• Trialbalanz for the Tax Returns
https://t.co/0GoglcPRtV
sharing my flashcards during undergrad & formal review. some might be quite overwhelming, but i think you can pick questions from them naman and make a new one out of it, choosing only questions which you think would be useful 🫶
https://t.co/d66gqz9QVj
As someone na full of doubts din this review szn, just wanna share this:
God didn't bring you this far just to leave you here. Just focus on what you can control, and surrender the rest to Him. Keep on studying. Hindi ka nag-iisa sa laban. Fightingg, differential CPAs!!
I’ve been using this strat since undergrad but try to look at the gravity of what’s at stake.
For example, Amend. of AOI is a big decision, so it will require 2/3 + majority. Unlike in Amend. of By-laws which is secondary to AOI, it will only require majority + majority.
Samee, I’ve never memorized the voting req, sort of familiarized lang through weighing the impact of the action. This is what ive said to one of my co-reviewer na nagask din ng technique to familiarize the corpo voting req
You can STILL manifest while:
• doubting
• uncertainty
• not believing
• fearing
• opposing thoughts
• intrusive thoughts
Because AS LONG AS YOU CHOOSE YOUR NEW STORY, it has no other choice but to manifest. Persistence is key.
FAR: Moving Average (Shortcut)
- this is a time-saver method for moving average that's worth learning (in my opinion). no need to compute any cost per unit during the process👍 (pls i-try niyo on your own with other problems din)
FAR: RISING OR FALLING PRICES? (Inventory)
I-drawing mo lang yung triangle and hindi ka na mamamali ng analysis kung alin ang highest/lowest net income 😇
@_etherealon hello! my tip for that, para iwas pagmememorize, is just use the proof of cash format. then ilatag mo na lang siya katulad ng adjusted balance method. tapos workback mo lang to get the DIT, end/OC, end. like this:
AUDIT THEO:
Contents of an Engagement Letter
(DISUROT-APO)
D- Division of responsibilities
I- Inherent limitations
S- Scope of the audit
U- Unrestricted access
R- Report format
O- Objective of the audit
T- Timetable & fees
A- Applicable standards
P- Planning
O- Other matters
BIR FORMS INITIALS
06&16- Remittances
17- Income Taxes
18- Donor’s and Estate Taxes
19- Application for Registrations
20- Documentary Stamp Tax
21- Application for Abatement/Cancellation of Tax, Penalties…
22- Excise Taxes
23- Certificates
24- N/A
25- VAT and Percentage Taxes