Monthly Archives: April 2006

Firing Lane

I had this opportunity to shoot in Firing Lane in SM Manila last Sunday (April 23, 2006). It was my first time to shoot in this game. For a fee of P30 I was provided with 8 bullets to shoot at the—

Yahoo! Mail Problems

Eversince this “Photomail” feature was added into yahoo, I could not successfully send emails with file attachments using yahoomail. It always return the message, “There was a problem: We encountered an internal error. Please try again in a few minutes.” I wonder—

Consolidation of Indirect Subsidiaries

Let’s take for example a Parent Company owning 100% interest in Company A, which in turn owns 100% interest in Company B. Here, clearly the Parent Company owns indirectly through Subsidiary A 100% of Company B. Hence, clearly the Parent Company should—

Separate Financial Statements – Investment Carried at Cost

There are actually two issues here: An argument that the Board merely discouraged the availment of the exception under paragraph 10 of IAS 27 to present consolidated financial statements. The availment should only be made in very rare circumstances, wherein it would—