Mitsuo, fCPA

📌 RFBT — GOVT. PROCUREMENT ACT RA 9184 (amended: RA 12005) Deadlines of Procurement Areas (G.I.CS): • Goods (Lowest Calculated) — 45 Days • Infrastructure (Lowest Calculated) — 65 Days • Consulting Services (Highest Calculated) — 75 Days

📌 FAR — TYPES OF BONDS (short definition and clues)

📌 TAXATION — TAX FORMS AND DEADLINES (summarized) ps. Last boards kasi nag-ask about sa deadline ng excise specifically sa cosmetics. So, best to at least be mindful of important dates.

📌 FAR — PAS 8 CHANGE IN ACCOUNTING ESTIMATES, POLICIES, AND PRIOR PERIOD ERRORS Quick Guide: Accounting Estimate - you change the numbers Accounting Policy - you change the rules

📌 FAR — EMPLOYEE BENEFITS (PAS 19) Defined Benefit Cost = CSC + PSC + Net Interest on Net DBO ± Settlement Gain/Loss 📌 Net Interest = Beg. Net DBO × Discount Rate OR Interest Expense (DBO) – Interest Income (FVPA) 📌 DBO > FVPA = Liab DBO < FVPA = Asset

@her_cpa0526logs Hello, hindi ba subject sa correction 'to? Letter B ata sagot? Since Sa first account, 1M agad. For individual accounts Sa second account, 1M/2= 500k each 1M + 500k = 1.5M total insured Provided, ang ruling na is yung updated na law. Pacorrect nalang din, thank you!

paano po ba magcompute nito,,, help me ples

📌 AUDITING — FRAUD SCHEMES AFFECTING CASH AND A/R

📌 RFBT — DEBT EXTINGUISHMENTS + DACION VS. CESSION SUMMARY TABLE

📌 RFBT — CORPORATE MEETINGS (REGULAR AND SPECIAL) SHAREHOLDERS AND BOD SUMMARY TABLE

No matter how you feel, show up and never give up.

📌 FAR — PREFERENCE SHARES SUMMARY TABLE KEYWORDS: 1. CUMULATIVE - accumulates, Div. in arrears 2. NONCUMULATIVE - no DIA 3. PARTICIPATING - participates further, share in excess profit 4. NONPARTICIPATING - fixed dividends only

📌 FAR - Freight Terms/ Legal Title SUMMARY TABLE Additional: FOB SP = FOB SELLER FOB DESTI = FOB BUYER

Got to watch “Bar Boys: After School” and hoping to be like Arvin’s character development really soon. 🤞🏻 “2nd time’s the charm :).” 🍀

Thank you and goodbye, 2025. As the year is about to end, I just genuinely hope for better days ahead of us — for our family, friends, and even for ourselves. To our dreams, sudden pauses, and manifestations to come true. May 2026 be a year of endless possibilities. 🧿🙏🏻

Merry Christmas CPAs and fCPAs!!! 🌟 May your holidays be as bright as the future in store for us. I do hope that everyone is fine and doing good along with your families and loved one's. Rest muna sa review and bounce back stronger next year. 2026 is ours to claim. 💝🎄

📌 Reminder to self: We are capable of being the best version of ourselves. We are destined to win no matter what the circumstances are. We will be exactly what we wanted to be — at the right place and at the right time.

Bless my 2026, Lord.

Tip for reviewees: "Long term consistency is better than short-term intensity." Sustainability is the key. Katulad ng accounting equation, dapat may proper balance ang lahat. Study hard but do not forget to rest when needed. Enjoy and trust the process! God bless! 😊♥️

Ang take ko lang naman is kapag mataas ang national passing rate sa board exam, it means na matched and harmonized ang outcomes ng colleges/universities sa expectations and qualifications imposed ng professional regulatory body, which is the correct thing to do.

Ex. Divisoria stalls 5. Perfect Competition - many sellers, same products Ex. Palengke - wet market (fish)

📌 MS - MARKET STRUCTURES 1. Monopoly - 1 seller, many buyers Ex. Meralco 2. Monopsony - 1 buyer, many sellers Ex. tuna company buying from fishermen 3. Oligopoly - few sellers, high barrier Ex. Telecom companies 4. Monopolistic competition - many sellers, diff. products