₦airaland Forum

Sirniyeh:
Street protest is senseless. Going on strike for subsidy removal is meaningless. I will not advise a reasonable person to join the protest.
I expect the selfish Labour Executive to fight Federal Gov
1. to increase minimum wages to 75k per month.
2.  To ensure the fuel price is same all over the nation. If it is 135, it must be same all over.
3. To let all state Gov subsidize the transportation by supplying public with buses at affordable fare.
4. To remove taxes for now until the economy is stable.
I think this my suggestion is sensible. No to protest. In the course of protest, many may lost their lives. Who knows who?
Beleive it, there is hope for Nigeria

Jarus:
Materiality should be the guide. Determine the materiality based on th company's size(turnover, industry, activity level, opex etx). For a 1 billlion dollar company, I will not capitalize any expenses less than 500k or at worst 200k. But the company should have a documented capitalization policy and consistent with it.

nitrogen:
Auditing, an interesting sub of accounting, the main audit,the compliance stuffs, the main audit, preparatn of MCRs(audit report),substantive tests(vouching and verification), audit evidence,e.t.c. I did all that when i did industrial training 2yrs ago.

Quite interesting, i must say just that there were some nasty experiences which can be generalizd as part of the limitations of auditing,but aside that, its just an 'okay' sub of accounting.

Jarus:
Software acquisition and implementation costs are to be treated as Tangibles. They are to be warehoused into an a/c, possibly work-in-progress, and upon completion of the project, amortised over 5 years(i.e 20 percent per annum). i think the SAS on Tangibles, R and D cover it.

yamakuza:
[s]

1. Isnt Auditing a subset of Accounting?

2. What should we expect from the cashless society, 2012 and beyond? More fraud?

denzel2009:
Thanks. Wow 8 years! I have been pushing the exam forward for the past 2 years, I just summoned courage to go for it this december.

These are exams you can't just read and pass, you have to be on top of your game. By the time you pass it, some knowledge would not depart from you forever.

I contemplated going for Cissp earlier, but that beast is way too strong for me right now

denzel2009:
I wrote this exam last week, I wouldn't say it was difficult but it was very tricky. You have to view things from an Auditor's perspective. Fingers crossed!

cliveland:
where your office or shop

yamakuza:
Kindly review 5 questions for us.

Thanks

tyson55:
Q).Which of these is Nigerians Greatest Dissapointment?,

a).Goodluck Jonathan

b).Super Eagles &co.

c).PHCN{nepa}

d).NEtworks{mtn,GLo&co}

e).Nigerian Police

Please state your reason(s)