Whew!
It has been a very busy week! Almost everything is already set. Ready to go, indeed!
Other than the shopping spree last Sundaythat I have been to, I’ve nothing more to say. I spent around twenty thousand pesos for shopping! Can you believe that?
Well, to my avid readers, I guess we’ll just read from each other when I’ll be in Doha, Qatar.
From wikipedia:
Doha (Arabic: ??????;, Ad-Daw?ah or Ad-D??ah), population 400,051 (2005 census), is the capital of Qatar, and is at 25.3� N 51.5333� E, on the Persian Gulf. The city is home to Doha International Airport and the major oil and fishing industries. Doha is also home to Education City, an area devoted to research and education.
More info about Doha, Qatar.
Edwin, the other third of the so-called “Lafarge Trio”, and a loyal xanga user is blogging his way to Hong Kong.
More pictures are available at his site.
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Here’s a song entitled “I Started a Blog Nobody Read” by the band Sprites under their album Modern Gameplay. It can qualify to be the bloggers’ theme song, huh, especially for those are yet starting out.
Excerpts from the song’s lyrics follow:
I started a blog which nobody read.. When I went to work, I blogged there instead..I started a blog which nobody viewed…
I started a blog but nobody came; no issues were raised, no comments were made;
I started a blog which nobody read.. all I did wasn’t that great but you must know here’s what I said…
I started a blog; I sent you the link; I wanted the world to know what I think…
I started a blog but when I read yours; it made me forget what I have started mine for…
The introduction of International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS) ushered in more disclosure requirements in an entity’s financial statements. Oftentimes, additional narrative explanation are required for a particular note item in the Notes to Financial Statements. Transparency in financial reporting, you say, huh.
IAS 2, Inventories, in particular, requires a company to disclose among others, the accounting policies adopted in measuring inventories, the carrying amount of inventories carried at cost and the carrying amount of inventories carried at net realizable value.
Complexities, however, arise when a company allocates a provision for inventories specifically identified as obsolete or are impaired, and in such a case are measured at net realizable values. Generalizing in the notes that “Inventories are stated at net realizable value,” (when in fact only a few distinguished items are affected) cast a serious hassle on the part of the reporting entity.
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So many places…
So many faces, so many races
Different voices, different choices
Some are mad, while others laugh
Some live alone with no better half
(excerpt from Kaleidoscope World by Francis M)
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