b5media.com

Advertise with us

Enjoying this blog? Check out the rest of the Business Channel Subscribe to this Feed

Accounting Solver

Archive for the ‘Random Thoughts on Accounting’ Category

July 6th, 2008

ACCOUNTING FOR BLESSINGS

If you have food in the refrigerator, clothes on your back, a roof overhead and a place to sleep you are richer than 75% of this world. If you have money in the bank, in your wallet, and spare change in a dish, you are among the top 8% of the world’s wealthy . . […]

By ren -- 1 comment

July 4th, 2008

ACCOUNTING FOR THE 4TH OF JULY

images from Microsoft Clipart & http://www.webweaver.nu/clipart/ reconstruction by Ren Garcia
Tags: 4th of July, celebration, happy birthday America, US Independence Day

Share This

By ren -- 0 comments

June 22nd, 2008

SUNDAYS ARE FOR DE-STRESSING

Bloggers from the b5media Business & Entertainment Channels just went through a 24-hour-blogging-every-hour marathon in support of ACCION, the MicroFinance Institution of MicroFinance Institutions (http://www.b5media.com/b5media-blogs-for-a-cause).
That is a lot of stress and a great lack of sleep.

Researchers at Seoul National University in South Korea conducted an experiment on the effect of the scent of freshly roasted […]

By ren -- 0 comments

June 9th, 2008

PERFECT STORM IN THE ECONOMY

Weathermen look at the convergence of climatic conditions (wind, precipitation, etc) to forecast storms. Around the equator, there is the intertropical convergence zone. What we have today is an inter-economic convergence zone covering the whole world: the subprime crisis, rising oil & food prices, the global economy at a standstill, unemployment. An […]

By ren -- 0 comments

June 8th, 2008

A HISTORIC OBAMA

The headline of the Philippine Daily Inquirer (5 June 2008) proclaims: Obama makes history. In his drive towards the Presidency of the United States, the GOP management of the US economy is going to provide ample grist for the Obama campaign mill. In addition, there are the casualties in the Iraq war which […]

By ren -- 0 comments

June 7th, 2008

FOOD vs FUEL BALANCE

In the recently held World Food Crisis Summit in Rome, UN FAO Director General Jacques Diouf pointed out several factors that contribute to the food crisis: ” . . . the restrictive measures taken by producing countries to meet the needs of their populations, the impact of climate change and speculation on futures markets […]

By ren -- 1 comment

June 6th, 2008

FOOD vs ARMS BALANCE 2

UN FAO Director General Jacques Diouf, in the recently held World Food Crisis Summit in Rome, lamented that the world spent $ 1,200 billion on arms in 2006, while it was proving difficult to put up $ 30 billion that could “make it possible definitely to lay to rest the specter of conflicts over food […]

By ren -- 0 comments

June 5th, 2008

FOOD vs ARMS BALANCE 1

At the start of the three-day World Food Crisis Summit in Rome (3 June 2008), UN Food & Agriculture Organization Director General Jacques Diouf, noting that $ 1,200 billion were spent on arms in 2006, asked the delegates: ” . . . how can we explain to people of good sense and good faith […]

By ren -- 0 comments

June 4th, 2008

ACCOUNTING FOR LIVING 7

I’ve always maintained that accounting is also for business. It’s concepts, relationships among accounts, system of balances are applicable in almost anything in life.
Accounting Solver presents a Balance Sheet for Living:

Health is like cash (in a business Balance Sheet) which you spend on what you have to do and/or want to do. The healthier […]

By ren -- 2 comments

June 3rd, 2008

ACCOUNTING FOR LIVING 6

I’ve always maintained that accounting is also for business. It’s concepts, relationships among accounts, system of balances are applicable in almost anything in life.
Accounting Solver presents a Balance Sheet for Living:

Keeping up with the Joneses is a great contributor to Stress. It pushes you into Conspicuous Consumption (e.g., a gas-guzzler luxury car instead of […]

By ren -- 0 comments