After my haircut, I could almost feel that the attention I attain previously has reduced tremendously. It was as though I became invisible. I feel that I am perhaps no longer possess the beauty I previously have. I just hope no one detest me. I kinda feel that my current looks might be a pest to the people around me. I feel like a criminal, when people questions me here and there on why I've had my hair cut. Yes, I do admit I made a great mistake. I've also regretted and repented. However, sometimes can't be undone. All I could do now is to wait for it to grew long again.
While I was at last night's full dress rehearsal. I felt that the 10minutes of waiting at the backstage before the next scene was due for our appearance was pretty good for social networking. I discovred that the sop singer beside me was working for E&Y!! Ernest & Young!! However, she actually was applying for an auditing position, her familiar line but she was glad to be put to do Property and People Mgt. Some PR related stuff. She also mentioned that there are certain accounting questions that the interviewer would ask. It seems that E&Y emphasizes on ethnics and FRS; FRS32 in particular. However, the question asked would seems really vague yet broad, hence your answers would really be uncertain to the interviewer's expectations.
"How much do you know about FRS?"
"Tell me more about yourself."
Such questions really comes in like a ball hitting the roof and coming down again. If your answers ends up like the ball which hits about in the enclosed hut, it might not do you good.
At the same time, for my own reading, I've found this via google and hence this URL:
www.asc.gov.sg/frs/attachments/2004/FRS_32.doc
FRS 32 Financial Instruments: Disclosure and Presentation
FRS 32 Financial Instruments: Disclosure and Presentation was issued by the CCDG in January 2003 and was operative for financial statements covering periods beginning on or after 1 October 2000.
This Standard was revised in July 2004 and supersedes FRS 32 Financial Instruments: Disclosure and Presentation issued in January 2003. Consequential amendments were made in September 2004. An entity shall apply this Standard for annual periods beginning on or after 1 January 2005. Earlier application is encouraged.
Measurement of the Components of a Compound Financial Instrument on Initial Recognition
IN13.
The revisions eliminate the option previously in FRS 32 to measure the liability component of a compound financial instrument on initial recognition either as a residual amount after separating the equity component, or by using a relative-fair-value method. Thus, any asset and liability components are separated first and the residual is the amount of any equity component. These requirements for separating the liability and equity components of a compound financial instrument are conformed to both the definition of an equity instrument as a residual and the measurement requirements in FRS 39.
At the same time, since we study FR according to IAS. We might be alittle curious on how it would be like if it's converted to FRS.
IAS 17: Leases = FRS 17
IAS 32: Financial Instruments: Disclosure & Presentation= FRS 32
IAS 39 Financial Instruments: Recognition and Measurement= FRS 39
Do you notice something? Aren't the numbers the same? haha. haha.
Grace!! I feel like screaming now. MR EDB (Kelvin a.k.a Clare's husband) would be laughing to know this!! Isn't IAS 39 in my syllabus? Yet I couldn't answer his previous question. Furthermore, I told him that it wasn't in my syllabus. What!! MR JK would kill me to hear me say that.
I'll try my best to post the answers onto my blog asap. Sorry for my folly.