Hi! My name is Ron and I'm a Certified Public Accountant in the Philippines. I made this channel because I have a passion for creating animated videos and in sharing what I know about Accounting. I truly enjoy being able to help aspiring CPAs who enjoy learning via video consumption.
However, please note that this channel does not intend to be a substitute for formal education and content found herein should not be taken as formal advice. Rather, contents in this channel is merely for supplemental education and entertainment purposes only. This channel aims to illustrate accounting topics in an easy to understand delivery, and in a way that won't make you yawn.
ANy tips po kung paano ko masisigurado na prepayment sya at hindi income or expense agad.. Dun po kasi ako palaging nagkakamali eh.. Narerecord ko na agad sya as income or expense instead of liabilities and assets..
Hi, CPA RON. . thank you for the very informative video on the differences between INTERNAL AND EXTERNAL AUDITS. I am from the Internal Audit Office of the Commission on Audit. COA has adopted the Internal Audit Standards for the Philippine Public Sector. Right now we are conducting an appreciation course on the IASPPS for the auditors of COA. in yesterday's webinar i shared with the participants this video which gave them a comprehensive discussion. thank you very much for sharing.
Hello Sir, I'm a FinMa student po, pwede ka po ba maging internal auditor kahit di ka magttake ng CPA pero CIA? thank you and keep uploading more informative vids po.
Office administration student here. Thank you po dito. Mas naintindihan ko po itong topic na ito kesa sa dicussion namin sa subject naming strat management 😅💗
Hindi naman. Pwedeng may errors somehow but yung effect nila sa decision making ng user is not material. So taken as a whole, yung FS ay considered fairly presented and in accordance with applicable standards.
@@TheCPARecipe Yong nga po mejo nalilito Rin PO Ako Kasi sabe mo fairly presented in all material po...what if po di ka po nakapag present Ng mga documents like sales invoice or unliquidated po belong parin Po ba sya sa unqualified opinion? Or depende po ba Kay auditor po Ang decision?
@@allabouttiktok8306 If ganyan pwede sya pumasok sa scope limitation. 😊 If material yung magiging effect ng lack of documents, pwedeng di makapag bigay ng opinion. So it will be a disclaimer of opinion instead. If the ommission is immaterial, example petty cash voucher worth P100 compared to millions, ignore. It's trivial na.
Paano Naman kapag. Dr. Tan opened his dental clinic on January 2 and invested the following: Cash. 50,000 Dental equipment. 100,000 Office equipment. 20,000 Office furniture. 40,000 Need kopo nang kasagutan para maumpisahan Kona journal entry ko please po
sir question or anyone who know. why would liabilities decrease when the owner contributes his/her personal car to the business. (One of the questions on the quiz)
New subscriber here. I've been trying to recresh my knowledge since matagal na ako since grumaduate. Pushing to become a CPA pa din and your videos are a lot of help!
