Penang trip

Travel to Penang is not a joke. 4hours plus of journey from Shah Alam and imagine the jam that you might stuck at Gopeng onwards. And this is very much depend on your luck or timing. It's tiring! Well I traveled to Penang for the first time with my new car few weeks back just to fetch my mom back. Planned to stay for few days but I went only 2days 1 night. If you plan to go to Penang do stay a little longer "like duh". Food there are just awesome where you will never get it in KL.

Stayed at 5th aunt's place University Heights. ----> opposite is the University Sains Malaysia. View there is not bad. This mini trip didn't go well as I suppose to meet my friend for some DIM SUM in the morning. Guess what? Heavy rain in the middle of night and road leads to town was so jam cause P.Ramlee off Sungai Perak flooded. 9.30 appointment 11am reach town. I just say hi and bye to my friend. This is damn sad. Thought will have a wonderful catch up time together and jalan jalan and this turned to disaster.

SWAROVSKI ZIRCONIA

Men have an instinctive desire to protect what is closest to them, such as family, jewels, and family jewels. I would say men should have an instinctive desire to protect their wives; to be able to provide love, care, to be faithful and up hold the marriage vow "to have and to hold, from this day forward, for better, for worse, for richer, for poorer, in sickness and in health, until death do us part.“ All in all, men should provide not only to their wives but to the family as a whole because both husband and wife has the role to play as family formed.

18K White Gold Plated 925 Sterling Silver Jewellery Made with SWAROVSKI ZIRCONIA from Her Jewellery. Necklace (RM88) 

Finally! Graduated as Bachelor of Arts major in Accounting and Finance with SECOND CLASS (lower) from University of Greenwich 2+0 in SEGi University. Remember I posted my diploma achievement few years back and today I post my degree achievement. Again my efforts invested in this tertiary studies is over. Now is just to wait for ROI - Return On Investment. Currently struggle in a dilemma whether should I continue my professional studies to get myself qualified in ACCA.

No one should claim himself/herself as an accountant if he/she does not qualified from ICAEW, ACCA, CIMA, CPA and other national bodies such as MIA etc. Only qualified accountant has the authority to sign the accounts of the company. To be an auditor or to be tax agent, professional qualification is essential. It's like a licence to practice accounting/audit/tax practice. Anyone can do accounts and tax computation but he/she has no authority to sign it. If your aunt/uncle claim themselves as accountant, ask them whether he member of which accounting body. Well back to my question, should I continue my ACCA? I'm dying to work now in audit firm to gain my experience. What's my call? If I work 2 years and take 1 year off to finish off my 5 papers to get qualified then what's next? Will I be going back to audit line? By that time do I still need this qualification? Wow this is so complicating. People and seniors who experienced in this adviced me not to work and study at the same time. You will be drained and squeezed. Oh well..I need DIRECTION!

I find this blog kinda interesting!Food..MORE FOOD.. http://www.isaactan.net guess what?He's my colleague!Thanks for the posts..Pls share more food and intro more places to MAKAN! XD

Love hurts, Love scars, Love wounds and mars
Any heart not tough or strong enough
To take a lot of pain, take a lot of pain
Love is like a cloud, it holds a lot of rain
Love hurts, Ooo-oo Love hurts

I'm young, I know, But even so
I know a thing or two - I learned from you
I really learned a lot, really learned a lot
Love is like a flame It burns you when it's hot
Love hurts, Ooo-oo Love hurts

Some fools think of happiness, blissfulness, togetherness
Some fools fool themselves, I guess
They're not foolin' me
I know it isn't true I know it isn't true
Love is just a lie made to make you blue
Love hurts, Ooo-oo Love hurts
I know it isn't true I know it isn't true
Love is just a lie made to make you blue
Love hurts, Ooo-oo Love hurts
Ooo-oo, Love hurts Ooo-oo

I know it won't be me I know it won't be me
Love is just a failure and can't do anything about it
Love hurts, Ooo-oo Love hurts

by Nazareth

Friend of Mine

I see my friend You need a friend To care for you

And be there for you Till you're on your feet again

To be your friend through thick and thin
To understand lend a helping hand
That's the least that I can do for you

Now anytime you've got a problem
I'll be there to help you solve 'em You know oh
When you've got a friend by your side
You're not alone And you know that
When you're feelin' brokenhearted
I'll be there to get you started again my friend
You know I care so I'll be there
Now until the end of time
Cause you're a friend Friend of mine

A friend in need, a friend indeed
I'll be the one you depend upon
You can always count on me

And win or lose I'll stick by you
I'll try my best put me to the test
And I'll prove the rest is true for you

Now anytime you've got a problem
I'll be there to help you solve 'em You know oh
When you've got a friend by your side
You're not alone And you know that
When you're feelin' brokenhearted
I'll be there to get you started again my friend
You know I care so I'll be there
Now until the end of time
Cause you're a friend Friend of mine

Now anytime you've got a problem
I'll be there to help you solve 'em You know oh
When you've got a friend by your side
You're not alone And you know that
When you're feelin' brokenhearted
I'll be there to get you started again my friend
You know I care so I'll be there
Now until the end of time
Cause you're a friend Friend of mine

by Alan Tam

Schneider Electric

This is the place where I've been working at for the past 3 months. Schneider Electric is the Global Specialist in Energy Management and it's Multinational Company. It offers variety of products and services segment from home to industry. Often people ask me you work in the elevatory company? I was like "huh"? My company does nothing related to elevator except electronic parts such as relays, switches etc.

What I did for the past 3 months? I helped out in quality and service team. Did RMA for the protection relays, RTE, RTA, RTR for the other products else than relays. On my first day, went to the quality archived room, it was a BIG MESS. Goods returned by customer are all here and there on the floor and just totally messed up. So my task is also to tidy them and put them into proper location and labeled them one by one. I'm catched up things very quyickly and get the job done as soon as possible. Today is my second last day in Schneider, I still got an analysis to be done by tomorrow before I leave the company.

Oh yah! Forget to say that my major is in Accounting and Finance. I should be in audit/tax firm instead of an engineering/services/operation field. Why is that so? I also don't know why. If you ask me whether I enjoy work here I would say not really but I do enjoy is to getting my work done (efficiency) is the word that I could decribe that I aimed for. Working here sometime can be boring because nothing MUCH to do as compare to other colleagues here.What's next? Maybe stay home or go vacation before I start search for work that related to my field.

Last but not least, I finally met this guy who is the Country President/Managing Director of Schneider Malaysia - Peter Cave. What a chance to met him face to face. This is my so called a wish to meet the BIG BOSS.

【那些年，我們一起追的女孩】電影主題曲《那些年》官方正式MV

Hello to December

say Hello to December. It's near. It's getting nearer! Many are saying yay! it's December. Waiting to finish thesis, projects, internship, Christmas, New Year and vacation. I felt I have done nothing. I mean I have no idea what have I studied since the semester started. Exam is coming so soon and this will be my last exam sitting for my tertiary studies before I enroll into professional studies. At the same time, I presume that I will be working as well in audit firm. Another hard work to do. Typing out my strong resume is tough. Urghh.. This is scary!

Two THINGS to be ALERT.

1. Test of Control

2. Substantive Test

Maximising Market Value of Company & Financial Management Decisions

Maximising market value of company securities is important to investors due to the risk and return relationship involve in the decision making on the investment. The return of a security price is the change in the price of the security. If the price of the security increases, the investors would need to secure more of the securities and likewise when the price reduces.

From the company point of view, company must also understand market efficiency because any decision making made by the company will result in information to the market. In financial management, there are three important decisions namely the financing decision, investment decision and the dividend decision.

Financing Decision

In financing decision, the choice between equity and debt will affect the overall cost of capital of the company. The cost of capital constitutes the cost of making use of capital from the market i.e. shareholders and lenders. If the market perceives the choice made by the company is less than desired it will increase their risk and as such news about the financing will be made available in the market. This will in turn affect the demand for the shares to reduce and likewise for the share price. A fall in a share price if not desired and the market being efficient will reduce the capitalization of the company.

Investment Decision

An investment decision will affect cash flow of the company. As such investors will perceive a risk because of their potential dividend receivable or interest receivable. The perception whether good or bad, in addition to market being efficient will be translated as market information that will affect again the share price of the company.

Financing decision has an impact on investment decision and so is investment decision on dividend decision.

Dividend Decision

Dividend decision or policy i.e. how much being paid out and retained will send a signal to the market in respect to the affairs of the company such as cash flow availability, future projects potential or future commitment of the company. This will directly affect the demand for the share and the capitalization.

Therefore, the understand of market efficiency is important to company’s financial managers because to maximise the value of the company security, the manager needs to make sure the above three decision are made correctly.

Determination of Share Price Movement

Investors observing patterns in stock market prices are known as technical analyst and chartist. They believe that there is a predictable pattern that moves overtime for the stock prices. The technical analysts also believe that they can earn abnormal profit if they timed their investment decision following the analysis of the pattern.

In the market efficiency hypothesis, investors believe that stock prices move in a random fashion i.e. prices in the market change with the availability of the information. There is no predictable pattern of the movements.

The technical analysis in this case is not consistent with the efficient market hypothesis this is because of the assumptions of the efficient market hypothesis. Firstly, EMH assume that the market possess the same available information as the information arrives. This enables the market to interpret quickly the available information to act in a consensus manner. In that case, it is impossible to earn abnormal profit among the investors.

The EMH, the strong form efficient efficiency the investors may only make abnormal profit if private information illegally obtained. In technical analyst, the private information about when prices will rise or fall may of little use in the EMH, mainly because the information is not encouraged. This form will be violated should the technical analyst is correct about the timing of the stock price movement.

The weak and semi-strong form efficiency will observe price movement with publicly available information and past information respectively and as such the prices move in a random manner.

I seems like having plenty of public holidays and time before this. I wanted to go somewhere else for vacation and it failed. Arghh... Left few more weeks before my finals of my final year. Time to be serious and start revision!

Audit Assertion

Accuracy

Completeness

Cut-off

Allocation

Classification and understandability

Occurrence

Valuation

Existence

Rights and obligation

Based on the above assertions, the formula to remember these terms are by mentioning ACCA COVER. WOW! Isn't it amazing? Again, based on the assertions above, this is not the end but to ensure that all accounts such as revenue, assets, cash, etc are asserted in those terms so the auditor may be able to perform his/her job to express his/her opinion whether the financial statements are prepared in accordance to establish criteria/accounting framework and to report to the shareholders ultimately that the financial statements are prepared free from error and material misstatement/fraudulent.

Engagement Letter

Do not misunderstand me. I'm not talking about "marriage" but engagement letter by auditor. Just to remind myself that an engagement letter by auditor is a letter that provides a written agreement of terms of audit engagement between the auditor and management or those charged with governance. This is so to confirm there is an understanding of the terms of audit engagement between the auditor and management or those charged with governance and to avoid any misunderstanding in respect of audit work by the auditor. The matters covers in engagement letter include responsibility of auditor, responsibility of management, audit fee, the preparation of financial statements by management are prepared in accordance to the accounting framework, audit duration etc.

i is miss her..

WOW 2011!

New semester approached. This is my final year final semester. After January 2012, I'm done with my studies and it's time to look for job. Of course my resume or curricular vitae has to be ready before my graduation. I need prayers from all to ask God to sustain me and grant me strength to go through all obstacles in studies and in life. There are so much to think and to do.

the old has gone and the new has come. Can't believe it that the end of the year is approaching. It's really fast. I felt that I did not much. If given me a chance, I would go back and do something better and improve it. Life's brief candle..seen so many death and seen many new born. Seriously as I think look back, I missed those days back in 1990s where I need not to do much. But if there is no today, I won't see the light and I won't have this much people who care and not care. I also don't know how to evaluate. Whether ikhlas or tak ikhlas..hmm..well whatever it is.. I thank God for His faithfulness and new every morning.

The Cheesy Pimp

The Cheesy Pimp

RM 190

RM140 NETT

This chic 10" sling laptop bag with Crumpler embroidery on the outside cover comes with a variety of colours for your pick. The main compartment stores notebook and Ipad, has 3 auxiliary pockets to store mobile devices and still has space for your documents and books. The front of bag has a zipper pocket. The cover is fastened close using 2 velcro pads and 2 buckles. The broad and adjustable shoulder strap comes with shoulder pad. Material of bag is canvas with satin fabric lining the inside.

Bag suitable as agive away present for special occassions.

Approx. dimension : - 25 (h) x 30(l) x 14 (t) cm

Prime Mover

Prime Mover

RM 170

RM150 NETT

Description: Super soft and shiny Neoprene combined with Original 1000d Chicken Tex Supreme™
hyper performance accessory fabric
> Waterproof Ripstop Lining
> Large zipped internal pocket
> Built-in organiser with 4 card slots
> Stretchable mesh slip pocket
> 2 neoprene slip pockets and a pen
holder
> Adjustable shoulder strap with single Hand Buckle™ and removable shoulder pad
Used as sling or over the shoulder look.

Available colours: Black, orange, dark brown or light green
Dimension: 43.5 (l) x 36.5 (Max. height) x 12.5 (t) cm

Pornolli Backpack

Pornolli Backpack

RM 200

NOW RM170 NETT

Neatly designed back pack which looks like half barrel with top truncated at an angle when fully stuffed. The zipper cover has gauzed zip pocket on the inside. The main compartment has 3 auxiliary gauze pockets for your mobile devices and 2 big pockets, one of which is to store 15" laptop. The 'barrel' shape has extra space to keep your personal belongings for light travelling. One zipper pocket is provided at one side of bag. Back of bag comes with one hanging strap and pad air-mesh. Broad and adjustable shoulder straps with air-mesh padding and clip-on holders.

Material: Good quality canvas lined with satin fabric on the inside.

Approx. Dimensions: 20 (height at front)x 43 (height at back) x 33(w) cm

Colour: Dark brown with either red or yellow lining.