A new version of “Financial Accounting I” has already been released by Atty. Conrado T. Valix and Jose Peralta. It incorporates the new standards: Philippine Accounting Standards, Philippine Financial Reporting Standards, International Accounting Standards, and International Financial Reporting Standards.
The book has a whole new different look.
It has been 5 years since I last used Valix’s book. It was like a bible during our review for the board exams. Surely, I missed those days when I was yet reading it from cover to cover.
The book can be described as concise but almost complete. Simple but full of information. The context is broad but covers almost every topic.
It seems a must that every reviewee hold a copy of this book during the review. Surely, Atty. Valix found his niche into the accountancy profession.
whoa, paolo. kapwa bedista mo ko dude! ^_^ sino ba prof mo?. hehe.
Hi! I just wanna ask for help in choosing the right books/reviewers in all subjects. I am currently self reviewing right now because i have no time to take a formal review due to my work. I am planning to take the exam this october 2008. Is there anyone willing to help me? Please! thank you very much!
Hi Katy, I am a coming reviewee of CPAR in Manila. I am also a self reviewing student because my school is not that competitive but my advice for books and authors are:
Auditing Problems – Cabrera or
Auditing Theory – Cabrera
Practical Accounting 1 – Valix or Uberita
Practical Accounting 2 – Guerrero
Commercial Law – Suarez
Taxation – Reyes
MAS – Cabrera
Theory of Accounts – Valix
Kukuha din ako ng exam this October, ang latest news is ihihiwalay na ang Taxation sa Business Law. So 8 board subjects na at nagpaplano na sila na magdagdag ng Marketing, Business Finance and Eco.
Sir, Kailan po kayo nag exam? Can I have some tips about the board exam? What are the difficulties that I may encounter during the board, like time limit, is the time sufficient? Thanks a lot and more power
thank you very much shervin! Sa tingin mo, kasama na ung mga dagdag na subjects sa october exam?
Yung marketing, business finance at eco ay matatagalan pa pero yung taxation daw this October na daw. Prof ang nagsabi samin nun kasi may access sya sa PICPA. Medyo mahirap pero goodluck sa atin.
Pwede po ba magtanong sa board exam ngayon kung ilang items ang per board subject?
whoa, auq ng economics… okay lang sa business finance, pero marketing?!? hmpf!!! sana di na ako abutin ng mga subjects na yan!! huhu, baka october 2010 ako magboboard exam, tingin niyo aabutin ko ung 3 subjects na maadd?!? hayyy.. thanks for informing anyway.. ^_^
@ shervin – si mr. deuts ba? no. 8 yan sa Oct 2002 CPA board at 1 sya sa mga malupet na CLMC auditor na naglalaro ng NBA live. ayos ba pre deuts.
@ Mike – Alangya! hehe Oct 2001 un, correction. hehe
Na-dissolve na ung CLMC auditor na naglalaro ng NBA Live eh…heheh
oh sorry 2001 pala
at tsaka mahilig din yan mag-starbucks at mag-hangout sa OBT at sa …..hehehe ayos ba ulit pre?
OBT? Obeertym? Check mo ung obeertym.com. Project namin ni Franz yan. Yan na ang magiging website ni Franz.
Opo sir deuts. Pwede po ba humingi ng mga tips kung ano yung mga difficulties during the board exam. Ang galing nyo pala, no.8, mukhang makapasa lang mahirap na, mag rank pa. God Bless and more power
hei sir??!!! …i’m fr MSU-Gensan Campus…juz wanna know wat it takes to be one of the circles of CPA’s….
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Hi Deuts,
I like to have a copy of Valix Financial Acctg Vol 1 & 2. Been away for 3 years now so I dont know what is the newest edition. I have passed the board year 2003 and currently living in NZ now & working in one of the top accounting firm. I am trying to requalify and like to do a wee bit of reading of IAS (NZ is based on chartered acctg and just about to adopt IAS) As far as I know eh IAS basis ni Valix. Valix’s books were the one I used before and sabi mo nga nakabisa ko din ng cover to cover Color green and maroon pa nga noon).
i am aspiring to ba a certified public accountant can you please give me some tips so that i can pass my course…practical accounting of mr. conrado valix is a big help from me were is this located? thank you very much….
Good am! Ask ko lang po kung ano ang bagong Edition ng Basic Principles of Auditing ni Cabrera.
Hi! good day sir valix. would you mine to provide me some example of Practical Accounting.coz ive heard from my office mas un daw tutukan ko
before i give you my question, i would like to ask for an apology if my question isn’t that too intellectual. i wanna ask you about what makes an accountant or may i say, for my part, an accounting student achieve his/her goal to be a great accountant?
Hi Bloop, tough question here huh? 😀
I think the keyword here is “focus”. For as long as you’re focused in your studies (as a student) and focused on your goals, no one can stop your from fulfilling your dreams!
anu po ba magandang reviewer saka textbook for advanced accounting Part 2, ung my business combination? grabe kasi prof namen e,, di pumapasok tas yung books sa lib namen obsolete lahat pg advanced accounting na.. grrr.. help po.. maganda po ba yung kay DAYAG? tenx..
I am going to take the board exam this October 2008 and Ill have my review at CPAR. Kaya lang, wala akong kakilala sa Manila para makasama sa dormitory, kasi ang requirement nila eh 2 persons for 10,000, few steps away from CPAR lang ang layo nya. Meron ba rito?
to shervin masyado namang mahal yung 5,000 kung ako sayo hanap ka na lang ng iba dyan na medyo mura. sang skul ka ba galing? why sa cpar mo gusto? email me. or what is your number para at least may kakilala ka sa manila
tagal npo ako grad. 2001 nagtake exam sad 2 say i failed, already hav my refresher. my ave.68,70,73 ask ko lang ano po ba mga revisions? am i easily cope up with the review? PLEASE giv me advice , i work in phil. and tagal na kasi shift career in abroad still im not yet fullfilled and contented..JUST DROPPING BY please dont ignore,THANKS AND GODBLESS…
tanong ko lang po kung ano bang book ang maganda sa practical accounting 2. kasi sabi nila guerrero sa book at dayag naman sa reviewer. ok yung kay dayag ang problem dun sa guerrero di sya tulad ng kay valix na halos complete with example ang dami pang typo. wla bang ibang book na pwede para sa prac 2 aside from kay guerrero? and sa auditing theory then meron ba kayong masusuggest na magandang book na simple lang pero concise parang kay valix. kasi yung kay cabrera nakakalula sa kapal at sa dami. prang di ko kayang basahin in just one month. since meron din naman akong binabasang ibang accounting books bukod dun. ano bang magandang way para matutunan lahat yung basic auditing theory?kasi wla tlaga akong natutunan dun nung undergrad.
nag3 takes nako ng exam mula ng 2001 pa,nag refresher course na rin ako, my ave.67,70,73, if i take ulit what are my chances? ano po ba mga revisons? will i catch up with the review kung sakali? nakalimotan ko na lahat coz i change career… hope u read this, i need ur opinion..thanks and GODBLESS….
To Ram eto number ko. 09275708910, or email me at virdelafuente[at]yahoo.com. Salamat sa tulong. Sa CPAR ako kasi all star yung reviewers dun tsaka nag enroll na din kasi ako. Im from Las Pinas College. May dormitory dun malapit sa CPAR, sa Rovelco. May room daw sila na aircon fixed 10,000, kung dalawa kami bali tag 5000 kami pero hiwalay din daw bayad sa kuryente. Pang 4 persons naman yung kwarto kaya ok na din, Gusto ko lang ng maluwag dahil kumpleto ako sa reviewers at textbooks kaya kailangan ko ng paglalagyan nito. Kaya lang hindi daw sila ang maghahanap ng makakasama sa room, kundi ako daw, kaya lang wala talaga akong kakilala na magboboard exam at magdodorm etong May. Kung sino man ang naghahanap din dito ng roommate, pasabi lang din sakin para maghati na lang kami. Salamat.
Sa Practical 2, ang basic training yung kay P.Guerrero, at next stage yung kay Dayag, Mas maraming dagdag yung kay Dayag.
hi!
pwede bang malaman anu pinakmahirap na subject na itetake sa board exam sir.
@Shervin, I suggest you don’t post your email address in a normal format if you don’t want more spam reaching your inbox. Tnx.
To all, what’s you opinion if I create a separate forum site for all these concerns, regarding the review, the book of Atty. Valix, review centers, accounting subjects, etc.?
i think that would be nice.. it would be a great help to all the accountancy students.. =)
okay nga yun. pero pwede bang medyo upgraded? prang yahoo answers or sa friendster. yun bang pwedeng magpost ng questions then pwedeng bigyan ng sagot pero for that particular question. unlike here na pag may nagtanong kasi yung mga sumagot di mo agad makikita unless babasahin mo lahat and minsan di na talaga nakikita. kasi halo halo na. para yung ibang question dina nauulit. kasi sa question pa lang alam na nila na yun yung gusto nilang malaman. suggestion lang po.. sana wlang magalit.
and dagdag pa. another suggestion if pwede. kung pwede rin po bang may portion na parang pwede silang magask ng particular question sa accounting like problems. then kung sino yung gustong sumagot syempre sagutin nila, in that way na katulong na sa mga undergrads then review na rin sa mga graduate na nagrereview. pero ang problem nga lang dun pwedeng iabuse ng mga nagtatanong kasi baka gawing testbank na nila tong site na to. pero its up to them naman eh. kasi if i were them ipopost ko lang yung mga sobrang important questin na usually di nasasagot sa classroom. suggestion lang po
bakit ang taas ng price ng books ni valix??di ba pwedeng presyong recto na lang yung very affordable para sa mga students??at revise nang revised pareho lang naman yung content except sa iniba lang yung case number ng mga problems..di ba pwedeng mag revised na lang pag may mga nagbago na talaga??sayang kase yung iba kong books by valix dahil pinapagamit samen yung revised edition na talaga
hi im taking up management accounting.. i just want to know that the 2007 accounting 1 by valix…
ask ko lang kung anong book ba ang maganda sa auditing problems?yung simple lang at informative talaga di yung paligoy ligoy yung kay cabrera kasi nakakalulang basahin. tsaka ano rin bang magandang book sa prac 2 maliban kay guerrero
..answer ng mga problems sa book ni valix i need it….financial acctg. volume 1&2
juz dropin by… m a 5th yr acctcy stud of MSU-MAIN… qualifying xams namin ds May 19-25.. AuditTheory, BLT, P1, P2, MAS, TOA.. GooodlUCk nalang… c u sa CPAR manila guys.. hndi pwede passed lang!!! dapat mag.top!!!! woooh!!! sisiw….haha
ask ko lng po kung may branch ng cpar sa baguio at kung pareho din ang mga reviewer…thanks n GOD BLESS
gumagamit ba ang san beda ng valix na libro?
buks of mr. valix is very important i would like to ask if…. if we graduated in this course( magagamit ba namin ito in are work do we apply all of this n our work bcuz it is very dficult. but it is very chalenging jejeje thank you>>>>>>>>>>>>.>…>. i ned tips from mr. valix once again thank you.
hi, im from southwestern university one of the best accountancy school in the Philippines… i would like to inquire if is there any site for references for our accounting subjects…
hi, i’m from lyceum of the philippines-laguna. ever since i started my second year college in BS Accountancy, we are using Atty. valix’s books. it’s easy to understand than any other books. though there some topics that are not discussed thoroughly, (i guess..) . i am reading almost 75% percent of each chapter before i proceed answering activities at the last part, and it’s also a great help for me to have a copy of the practical accounting. Solutions and answers are greatly discussed. 🙂
Hi! I need help. Where can I buy Atty. Valix’s books (Financial accounting and Theory of accounts)?
I think you can get it in bookstores along Recto St. in Manila.
how much is the book?
hi. i’am a accountancy student of Mmsu Ilocos Norte and i need help for the financial accouncting 101… can you please send me a free lessons of acctg 101. thank you May the Lord Bless…..
i am a student of the university of san carlos also..i really like the approach that valix used in this book..it is very understandable..and it is really student friendly….