Accounting for Students

I believe there is a huge improvement in my audit skills and knowledge for the past year. I have also learnt to adapt with different kinds of people and find ways to adjust in order to smoothly proceed with the audit engagements. Learning to set aside personal issues and comfort and prioritize the course of the audit is probably the achievement I am most proud of this season. I have also chosen not to whine and clamour over things that have happened already and hope for the best moments to come instead of wallowing in the past. I also believe that my growth is 80% dependent on my own efforts and 20% dependent on the guidance of my superiors. I do not expect them to give me special preferences or attention, because I am not cute, adorable or kind. I am well aware that I prefer on working alone and take control over things but I am also willing to work with both difficult and easy people. The more challenging the engagement is, the more excited I am to work on it. But there are also ti...

Okay, I know it's tax season and I shouldn't have the time to write a post, but you know, I like blogspot's new themes and I do feel like writing a post right now. Anyway, it's 3am and we're still at the office doing our heroic jobs. Some of my co-workers are footing and cross-referencing, some are finalizing their audit working papers or AWP, while I update my FS for release (YAAAAAAAAAAY). So, going back to the question, why do we have to stay up all night. You know by the time office hours starts again the following morning, the clients are going to ask for updates about something they gave the previous day. Now, if we do sleep like our clients do during the night, then we won't be able to meet our deadlines, and so, we're dead. Lol! So while they sleep, we work so that we can give what they ask the following day. This is kind of unfair actually, when we ask for audit requirements, they're going to provide it at about 5pm when office hours a...

Time flies so fast that I haven't even noticed how much I've grown in audit - experience-wise not physically, though yes, I too have fattened up myself in the span of 9 months that I have been working. Let me tell you what has happened in the last 9 months. At first, I was just a "footer and cross-referencer" of the face of financial statements and the notes to FS. Then I was assigned to worked on a couple of companies under one group, under the printing industry. I had to do a lot of things which I am not well acquainted with. I felt so lazy and uninspired to do my work. However, I was under the care of a very kind and helpful senior that my conscience started bugging and forced my lazy ass to work everyday. I was struggling during the first few months with my first real audit clients, putting emphasis on the "Planning Stage". I did not know what  kind of procedures to do and I am not really the type of person to keep on bugging my seniors on issues I...