UPDATES:SCHEDULED EXAMINATION OF INTEGRATION SUBJECTS

ANNOUNCEMENT:
     This is to inform you that the Examinations for Integration Subjects scheduled August 11, 2012 is being postponed. It is then re-scheduled on August 18, 2012, same time and room assignment. Please spread the word to your classmates and friends who are also taking up Integration subjects. God bless us all!

Updates on Integration Subjects Examination

To all students taking up Integration Subjects:

     This is to inform everyone that there is no final decision yet on the status of your examination scheduled on August 11, 2012. There will be a discussion between UECRSS Director  and ACLAT Chair tomorrow, August 10, 2012 regarding a possible re-scheduling of the exam. Personally I am bargaining to defer the exam for valid reasons:

1. The three days suspension of classes due to heavy rains and flooded streets definitely shortchanged the students in terms of  important topics that should be discussed by the faculty reviewer.

2. Majority of students taking up Integration subjects in UE Caloocan are residing in CAMANAVA Area. It is a common knowledge that this area almost turned into an OCEAN at the height of the calamity that struck the whole Philippines. Some of the books, notebooks and other review materials of students are now part of items for disposal.

     I am hoping that any decision we come up with, will be favorable to the students. Back to school again, see you  tomorrow.

UPDATE:  I just learned that President Garcia suspended classes in all levels tomorrow, August 10, 2012 at UE Caloocan and UE Manila. So just wait for further announcements regarding your Integration Subject Examination. Stay safe. :-)
         

To all my students: FINACT 3

1. Try to understand the significance of the Statement of Cash Flows
2. Cash flows classified by activity
3. Try to solve the problems at the end of the chapter (chapter 5), boardwork during our class on Aug. 6
    will earn you credits
4. Read Chapter 6, Cash to Accrual Accounting (short quiz 1-10 before discussion)
5. Read Chapter 7, Earnings per share (short quiz 1-10 before discussion)

To all my students: FINACT 1

1. Try to learn and understand  accounting for inventories by solving problems 4-2 to 4-27. Boardwork on        
    August 7 during our class will earn you credits
2. Read Chapter 5 - Property, Plant and Equipment (short quiz 1-10 will be given before discussion)
3. Read Chapter 6 - Intangible Assets (short quiz 1-10 will be given before discussion)

To all my students: FINACT 3

 Read and understand the following:
1.  significance of the Statement of Cash Flows
2. classification of cash flows by activity
3. try to solve the problems at the end of the chapter(chapter 5)
4. read chapter 6 - Cash to Accrual Accounting
5. read chapter 7 - Earnings per share

Advisory for Enrollment Purposes On Retention Policy Implementation

To My Dear Students:

          Advisory for Enrollment Purposes On Retention Policy Implementation

      BSA Students with SN 2008-2009 and  blocked by the system to enroll  should accomplish the form Permit to Enroll, show your GWA, to be signed by the DC and approved by the Dean; BSA Students with SN 2009-2010 who got grades below the Retention Policy requirements during the first semester of SY 2011-2012, shift to BSAcT;  BSA Students with SN 2009-2010 who got grades below the Retention Policy requirements in non-Accounting Subjects during the previous semesters (except First of Sem. SY 2011-2012) will be given a reconsiderataion.
       For your information.

New Beginnings

   I haven't blogged for quite sometime because I have been too busy with my job as Chair of the Department of Accountancy. There were a lot of concerns that had to be addressed. At the end of each day I'm often tired and exhausted. But then I have to revisit my passion for writing because I promised my students that I will post their assignment in my blog. :-)
   A new semester has just started and everyone is excited especially the freshmen. This semester, I will be handling the First Section BSA1A for their first taste of an Accounting subject. I'm so inspired listening to each one of them introducing himself/herself and citing his/her dreams and plans for the future. Their ambition is mostly anchored on giving their families a better life, not just on attaining success for self gain. Knowing that I will be touching the lives of these innocent young students really gives me a sense of pride and fulfillment. The truth is, in the end, it is not the hourly rate or the gross monthly pay that matters, but the non-negotiable heartfelt joy in the life of a teacher that counts most and this can't be measured in monetary terms.
     My dear students, welcome! Step up, make your voices heard, and break barriers. Be the next batch to bring more glory to the University of the East Caloocan Campus. I hope that your stay in UE will give you the opportunities to be the best of what you can become! :-)

Promissory Notes and Discounting - Assignment for BSA1A

 Assignment - BSA1A

Journalize the following transactions that took place during November for EBD's Firm.
1 - Bought an equipment with a fair market value of P300,000 from Mix Co. EBD will assume the mortgage of P50,000.
3 - The owner invested P500,000 cash. 50% was immediately deposited with the bank.
4 - Bought 4 computers for P100,000 issuing a 20-day, 12% promissory note to Cyber Inc. Paid P1000 for the freight.

To my BSA1A - Solve This Problem

BSA1A,
         I know you have attended the Sunday Mass and you are now ready to study. Work on your assignment as follows:

PROBLEM:

Advisory to all Accounting Students

Schedule of Preliminary Examinations

Prelim exam will be on July 31 and August 1, 2010. Please look into the ACLAT Bulletin Board for detailed Schedule of your particular class including room asignments. In case of conflicts in schedule, you may  register at the office of the Department Chair for proper rescheduling. Please be guided accordingly. Thank you.

To My BSA1A Please Bring Your Copy Of The Problem

Hello everyone! Please bring a copy of the accounting problem posted here in my blog. You will be doing the requirements on the board on JULY 21, 2010,  a voluntary basis. Bring general journals and  general ledgers. See you!

For My MGA 1E Class

Exam on Tuesday:

Property, Plant and Equipment: Acquisition, (CO,III,ED,GC); Depreciation, (SYD, DDB,150%Balance Method); Borrowing Costs; Government Grants

Topic for discussion on Thursday: Review on Revaluation and Impairment of Assets; New Topic - Wasting Assets, Depletion, Revaluation

For My BSA 1A Class Here Are The Topics For Discussion

Be Advised: Topics for discussion on July 19, 2010 are as follows:

Investment of owner
           1. Cash  
           2.  Non-Cash Asset
           3. Existing business
Withdrawal by owner
           1. Cash
           2. Non-Cash Asset
Cash on Hand/Cash in Bank
Purchase of Property
Sale of Property

Advisory Regarding Comprehensive Exam of Incoming 4th Years

     Attention to all incoming 4th year students with 2007 and 2008 student numbers,  your comprehensive exam will be scheduled on May 28,2010. The exam will cover basic concepts and applications in Fundamentals of Accounting Part I ; II, Financial Accounting  Part I, II, III,, and Cost Accounting.

     Who are qualified to take the comprehensive exam?

Meeting With Three Young Presidents

     This afternoon I met three young presidents at UE Caloocan Campus. I'm amazed by their enthusiasm and sense of responsibility. We discussed the comprehensive exam as a requirement for all  incoming fourth year students as stated in the 2007 Retention Policy approved by the UE  Board of Trustees.

     We came up with an agreement that they will be responsible in disseminating the information to students and the ACLAT Department will re-schedule the exam from the orignal date of May 14, 2010 to May 28, 2010.

Tears of Joy

     Yesterday was a busy day as usual. Many students made inquiries regarding subjects that will be offered this summer 2010. They had a common concern -- to enroll  this summer so as to remove their incomplete/failed grades in the previous semester.

     My attention was caught by a girl sitting quietly. I looked at her and noticed that she seemed sad, and so I greeted her, "Joy, how are you?" Yes, I recognized her immediately as my former student when she was in her junior years. And to my surprise , tears started rolling down her cheeks.

KUDOS Batch 2010

     The graduating Batch 2010 has something to be proud of! It is the batch with the most number of graduates with Latin honors. I'm sure the students will be very happy upon learning  that their grades qualify them for such honors, and more than anybody else, their parents will be very proud of them.

     Receiving a diploma representing a bachelor degree in college is more than enough for  parents to rejoice.  Learning that a son or daughter will graduate with honors  give additional reason for parents to celebrate because it  represents initial returns on their investment.

Easter Sunday

     I had a short on-line chat with Karen Gimena just a while ago. Karen is one among the candidates for graduation in Batch 2010. This petite, simple girl was my sudent in Financial Accounting. Very quiet, yet attentive, she seldom recites, but she delivers during written exams. I know after graduation, I will not see Karen anymore in the campus as often as I do now, because she will start a new phase in her life. She will be one among the hundred of thousands working girls rushing to catch up regularly with the first trip of the train in the morning going to Makati or elsewhere to her workplace.

A Week Of Drained Energy

      Last week was really a toxic one. Many students came to my office to ask for their grades. They wanted to know whether they passed or failed. If they pass, they will prepare for graduation and enroll in a review school to prepare for the board exam. If they fail, they will petition for opening of same subjects this coming summer.