@r0ndzm

Hi everyone! Missed blogging for the past few days... This rainy season really get me a lil tired and bored. I was literally sleeping all day long. Til now I haven't watched "Matrix Reloaded". Geevee even told me I'm a loser. Watda Heck! I don't care. I don't wanna get sick and spoil my lil vacation here. Yeah! I'm having a time off for awhile. I'm really stressed out after the board exam. I'm really happy I passed but got frustrated because my lowest was Auditing Theory. I really tried harder but I didn't get a high grade. Anyhow, I passed...

I really find my home comforting! Last few days, I've been staying at my pad (burgundy penthouse) but suddenly I become tired of living there. When I feel hungry I need to go down to 7-11 to buy something whereas when I'm at home I can just attack the fridge and pig-out whatever I want. Plus its really expensive living independently. But you know? I will really miss the old hangout place. My roomies and of course, the pad itself. So many memories were created... After 8 months (its really been that long), I'll be going back home.

Well, right now, I'm here at paranaque (my home). I couldnt ask for more. I have someone to cook my food whenever I want. I could watch so many movies whenever i wish. And of course, my parents are not here @ this time, so I can connect to the internet all @ the same time.

Next week would already be June! I plan to remake my resume and to get ready for tons of interview. I should also be ready for the requirements needed to register as a professional (nax!). Next week, I plan to go to the BIG FOUR Auditing Firms, namely: SGV & Co, Joaquin Cunanan & Co, Punongbayan & Araullo, Inc, and Layamananghaya & Co. Good thing, they're all located around Ayala Ave.

Hmm... whatelse is new? Oww... I'm currently looking for a girlfriend! Hahaha! So if you find me cute or anything, just post a comment and I'll get you!! hehehe Seriously, I am really desperate :) Nyahaha... Btw, I'm also planning to subscribe for a new phone. My plan is to get a Nokia 6800 for 14000 (Plan 1800). Kinda expensive but I think its worth the spending. My fone really sucks big time. When I get a new Nok, I'll throw it as hard as I could outside the window of Burgundy! jk.

Yahoo!!!! Whoopie!!! Hooray for me!

I'm already a Certified Public Accountant!

After the mind cracking test i have finally made it...

Actually Im really not sure if I did pass

My blockmate told me "Congrats! Ang galing galing mo naman!"

Then suddenly, i was shocked.

I can't move for about a minute

Then I texted her back asking "what about?"

I called her right then and there

She told me Alma (my blockmate also) told her that all blakwan passed

My parents are so happy

Dad abruptly said that we order a pizza

hehehe he's so happy...

My mom is subtly happy

Maybe whe wants to be sure



The feeling is remarkably awesome!

I mean a bit fullfilment and excitement altogether!

I can't wait to see my name on the newspaper.

Anywayz, I have God to thank for inspiring me through and through.

The Waiting…

By Ronald B. Mercado









It’s almost 30 hours since I took the final subject for the CPA Licensure Examinations. Last night was really dreadful since I can’t stop from thinking how fairly I have answered the examinations especially Practical Accounting Problems – II, which is my favorite subject. It is impeccable as I imagined it to be but on the contrary it became sort of a nightmare for me. I am beginning to doubt if I can still pass the exam. Most nights I’ve become restless just thinking about what would form part of the questions but last night was really shocking. I felt uneasiness flow over my aura. Would I possibly make it? Would I be included on the list of those who passed?



NEGATIVE AFTERSHOCK

Knowing that you didn’t make it would extremely hurt your self-esteem. It would also be costly, both financially and time-wise speaking since you have to review again for the next set of examinations. But if ever I would not make it then there’s nothing to do but accept the fact that I did my best and probably there’s a reason for such failure to occur. God has better plans for me, maybe. I believe that the will of God matters most. Although accepting failure is not an easy task, I should focus on what will happen to me afterwards. Mrs. Kimwell once said that there’s nothing you can do by crying over spilled milk. Past is past! You should live by the present and plan for the future. And I remember, Mrs. De Leon saying that you’ll only be joining the majority if you fail the exams. They are quite comforting but then again would your ego accept the fact that you’ve been preparing for these exams for months. Darn! Darn! Darn! I think the proper way to face the negative aftershock is to meditate. Serenity is what you need. I’ll probably lock-up in my room and try to get cool through silence. Prayer is a key in unlocking your pride and accepting failure. God will always listen to whatever you tell Him and I bet you’ll find peace through Him. That’s the first step, “The Realization”. The next thing to do is “The Resolution”. Once you’ve become yourself again then that’s the high time you go and plan for things that you should do. As for me, I plan to go on a 1-week vacation before I start reviewing again. Since I already took the exam then I have a hold of my weaknesses and that would serve as a tool for assessing what I should focus more on. The dictum, “Try and try until you succeed”, would definitely be a guide for me in taking another chance for the next scheduled examinations.



POSITIVE AFTERSHOCK

If by any chance I would be included in the list of those who made it, then YAHOO!!! …I shall celebrate this spectacular event! It’s a glorious moment for me since all my sacrifices have finally been paid-off. I would go to the church and say my thanksgiving prayer. It would not have been possible without God’s inspiration and guidance. I have been constantly praying to Him that whatever He’s will would be let it happen and if I would become a CPA I told Him that it is for His greater glory and thy shall never cease to be an obedient.



The waiting is really a torturing experience for all the candidates for CPA since they feel a particular extent of uncertainty as to their performance. Most of whom I know including the smart ones are also doubtful as to their standing. I think I just have to wait and see if I could transform FCPA to CPA. I just have to be patient.

CPA: A Devastating Road to Success?

by RONALD B. MERCADO

____________________________________________________________________



The culmination of my tertiary education has already ended and I have gainfully ascertained the professional path that I wish to take. Having learned the know-how’s of accounting, I am already adept of what it takes to be a Certified Public Accountant though I haven’t taken the board exams yet. In its strictest sense, it is a must to pass in order to secure a license. But the heck of it, as my reviewer once said those examiners are corrupt in that they give examinations that are one helluva brain squashing and mind boggling tests. In certain points, I do agree with him since they keep on giving examinations which are beyond the syllabus or if not they give topics out of another subject. Or if you’re pretty unlucky the examiners assigned may not now how to arrive at the correct answer; therefore no answer is available on the choices. Anyhow, the important thing is that I am already ready to face the future. Right now, I am still wide awake and reviewing for the board exams. Few more weeks and the big event would finally arrive. The biggest question is: “Will I pass the said exam?” which depends solely on how the questions would be given. Would it cover the things I know? For your information, the syllabi are lengthy enough for you not to sleep all day in 6 months just to finish reviewing. A huge capacity is needed in your brain in order to accommodate the infinite formulas, periods, and rules in Accounting, Taxation, and Law. So many principles need to be studied. But of course, since the required weighted average would be 75% and at least two subjects having a floor of 65%. Basically, it’s only a reasonable assurance that is needed. Hence, there is still time to sleep. Hmmm… maybe for about 5 luxurious hours. The funny thing is that I once answered a set of examination getting an-almost-satisfying grade of 76% but on one subject I got a falling-star-grade. The subject is Auditing Problems. Would you imagine giving a branch auditing problem? The mere fact that it focused on topics in Practical Accounting 2 can already put you to a shiver. The heartless examiner even gave it for an audit test. These sadists really do not know how it feels to be tortured.

Let’s move on… Forget all about those pointless complaints. Nothing can be done but to pray that those things will not happen on our batch of examinees. During the past months I’ve been a prisoner of my own will. I experienced being locked-up in a room wherein I have no choice but to study, to study, and to study. It seemed like a mandatory procedure to go to the library and start reading the provisions of law and to drag myself in expediting my understanding on internal control and risk assessment. It’s such a shame that my undergrad professor didn’t teach us the basics of auditing theory. On the other hand, Business Law is inherently hard to understand unless you have a blood of a lawyer. Sometimes I do not know the reason behind giving Business Law as a half-subject in the board exams. My rationale is that we wouldn’t really practice them once where employed. We only need to know them but not master the provisions not unless where going to become CPA-Lawyer, which was once my goal. Forget about that! My mind is not set for studying that crap. I really hate that subject for so many reasons. One, why would legislators enact provisions with all due complexities? They could have set it at a uniform basis like for example the simple rule on sale of real properties having inferior quality vis-à-vis a sale of real property lacking size on what was stipulated on the contract. What is it really? Less than 10% or not less than 10% to rescind the contract?! Why the difference? Geesh… there are tons of loopholes that can make you fall in your seat simply thinking of them. As I was saying my life has been but a disaster. I keep on studying. It seems stress is already coupled in my career as a student, as an examinee, and finally as an auditor. When would this difficulty end? As they always say generally all the hard work would be compensated later on. EXCEPTION TO THE RULE: the accountants. Only a few can be a very successful CPAs but as for us, nah?! Where just gonna sit our asses and indefinitely working for so many hours with of course many sleepless nights and overtime hours in our respective offices. But then again, we chose this path and the courage of conviction can only be tested by persistency in the choices we made. There’s no going back now. It’s rather too late to back-out. I could have shifted from another course if I have to but I did not. This is simply because I have a belief with myself. My friends could attest to my strong character and I could always get out in a situation where I put myself into. In the end, all of us would finally say it’s not that bad after all then maybe holding keys of a BMW and of a house & lot at Corinthians’ Garden (who knows?). Whatever our endeavors would be it will always be coupled with trials and difficulties. The risk-return trade-off is the great principle that I believe in. In that it says that if you are a risk-taker then it would most probably yield on a high return. In parallel with that is the choice we made and how we go on with our life with the path we’ve taken. Now, is it really a devastating road?

damn it! the taxation exam is really freaking me out

maybe because of that i may not be able to pass the board

but still i have high hopes for my answers

i reviewed them meticuliously

MAS, TOA, and AT are fairly done

i know i did my best

am just hoping i answered correctly

anyhow, next week would be less difficult than the first batch



now lets talk about my plans regarding my career

hmm.. i plan to enjoy first my first month of being a bum-bum!

i think it would be cool since i dont have to worry about anything

then im going to apply for a job on an auditing firm

then life goes on...

hope to meet a lot of friends on work

hope to meet her there

hope to finally feel the sense of fulfillment

but i always question myself

when would i feel complete

i mean if i pass the board exam

there would be a degree of fulfillment on my part

but would it finally pay-off?

maybe not

it would finally pay-off when i get my first pay check



i will surely miss my friends back in college

my number one crush!

she'll surely be successful in life

she's smart and i know she'll make it

but i really really miss her company

sometimes i question myself and destiny

why such thing ever happened to me

why did i fall for her

why not other people...

i dont exactly know if she understands my situation here

but til now i think weve drifted apart

after couple of years, i will reckon every single moment w/ her

and what happened to our friendship

then prolly am going to resent everything ive done

is it me?

well i dont know

and as far as i know i did it for myself

i just dont want to feel devasted and all

i dont want to feel the guilt of not saying whats in my heart



i want to move on

i met someone on the chatroom

she's really cool and amazing

a girl who really knows what she's talking about

really had a fun time talking to her

but the frustrating thing is

she has a special someone

i dunno why life is treating me this way

the first time i fell in love

the girl's already taken

and when i found an opportunity

i crossed the boarderline of friendship

and now... history repeats itself

talk about tough luck!



anyway, life revolves

and as clouds roll by

we find moments to share

and i will definitely tell in this blog of mine

the whole thing that's happening to me

til then..

and i keep on blogging...

haay! i will really miss my roomies..

ilang weeks na lang matatapos na ung lease contract namin

btw, geevee if ur reading my page

thanks dun sa rosary and pencil

am really gonna use that for the board exam!