Quick Notes in Taxation by Jack L.A. De Vera

     This blog is for those who can't afford to enroll in review schools for certain circumstances. I hope that we will be able to help everyone and use these free accounting materials for practicing and learning, effectively and efficiently.

     Quick Notes in Taxation by Jack L.A. De Vera covers all of the topics from General Principles up to Special Topics. This is updated from Train Law, it is a 2018 edition.

Link: http://www.mediafire.com/folder/oavzbgtof5hq4/Quick_Notes

"Everything you want is out there waiting for you to ask. Everything you want also wants you. But you have to take action to get it." - Jack Canfield

Transfer & Business Taxation - Tabag Solution Manual 2018 Edition

     This blog is for those who can't afford to enroll in review schools for certain circumstances. I hope that we will be able to help everyone and use these free accounting materials for practicing and learning, effectively and efficiently.

     Transfer & Business Taxation by Tabag 2018 edition solution manual will serve as a reference or guidance for his textbook in answering all of the multiple choice questions, problems, and many more. But, please try to answer first before looking into it. By the way, it covers Chapter 1 to 9. 

Link: http://www.mediafire.com/file/nvk8372be0fc32p/401892068_SOLMAN_TAX2_Transfer_Bus_Tax_2018_Edition_Chapters_1_to.pdf/file

Life only has one rule: Never quit. – Unknown

Applied Auditing Teachers Manual 2018 Edition by Asuncion

     This blog is for those who can't afford to enroll in review schools for certain circumstances. I hope that we will be able to help everyone and use these free accounting materials for practicing and learning, effectively and efficiently.

     Applied Auditing by Asuncion, 2018 edition solution manual will serve as a reference or guidance for his/her textbook in answering all of the multiple choice questions, problems, and many more. But, please try to answer first before looking into it. 

Link: http://www.mediafire.com/file/msnt7kgrr5jbs5t/Applied_Auditing_-_Asuncion_%25282018%2529_SolMan.pdf/file



"Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful." - Herman Cain

Income Tax - Tabag 2018 Solution Manual

     This blog is for those who can't afford to enroll in review schools for certain circumstances. I hope that we will be able to help everyone and use these free accounting materials for practicing and learning, effectively and efficiently.

     Income Taxation by Tabag 2018 edition solution manual will serve as a reference or guidance for his textbook in answering all of the multiple choice questions, problems, and many more. But, please try to answer first before looking into it. 

Link: http://www.mediafire.com/file/3x18ve8jewvifcp/Income_Taxation_-_Tabag_2018_Solution_Manual.pdf/file


"The difference between try and triumph is a little umph." - Marvin Phillips

Strategy 2020 Study Plan

     This blog is for those who can't afford to enroll in review schools for certain circumstances. I hope that we will be able to help everyone and use these free accounting materials for practicing and learning, effectively and efficiently.

     Strategy 2020 Study Plan consist of Advanced Financial Accounting and Reporting (AFAR), Auditing Problems and Theories, Financial Accounting and Reporting (FAR), Management Advisory Services (MAS), Regulatory Framework For Business Transactions (RFBT), and Taxation. It also indicate the topics needed to review with their corresponding number of hours it should take. This can be used as your basis in making your own review schedule. 

Link: http://www.mediafire.com/file/u6o4jg52b8hiz9x/Strategy_2020_Study_Plan.pdf/file
 "The best way to finish an unpleasant task is to get started." - Anonymous

Revised Corporation Code

     This blog is for those who can't afford to enroll in review schools for certain circumstances. I hope that we will be able to help everyone and use these free accounting materials for practicing and learning, effectively and efficiently.

     Revised Corporation Code of the Philippines or the Republic Act 11232 was signed into law on February 21, 2019 by our President Rodrigo Roa Duterte. It amends a 38-year-old Corporation Code in an effort to improve the ease of doing business in the Philippines.

     So, below is the link of the Revised Corporation Code of the Philippines in a summary form.

Link: http://www.mediafire.com/file/971m179ggm4ck2h/Revised_Corporation_Code_-_Summary_Table.pdf/file

"Ever tried. Ever failed. No matter. Try again. Fail again. Fail better." - Samuel Beckett

CPA Tips Part 2

     Hi guys! Take time to read the CPA Tips Part 2. Though it is longer, you will learn a lot of ideas on how, when, why, and what to review. Also, it will inspire you. You may also share your tips and reviewers to read, in the comment section.

1. Sir Aljon
  • Plan ahead. If you fail to plan, you plan to fail. Create a time table everyday, realistic plan and follow the plan.
  • TA H.O. - read as received. Answer first before discussion.
  • Adopt your review style
  • Kaizen Principle - small continous steps everyday
  • Adapt a review style: suggestion - listen now, review later. Learn how to listen! Plus advance study if kaya
  • Expand your network
  • Enjoy and have fun! 
  • Preparation for the Board Exams should be whollistic - physically, emotionally, mentally, and spiritually prepared
  • Process of elimination sa choices. Prove other choices are wrong.
  • Effective learning happens when you answer not only the question how but also why
2. Sir Nico
  • For every subject, assign a particular singing music that you will play every subject to stimulate your mind to remember the things you have studied. (Use recordings. Sa mga review materials na walang recordings. Use your voice and record it)
  • Have fun. Mag enjoy lang kasi hindi mo na yan mababalikan pag nakapasa ka na.
  • Pray. Everytime you feel troubled or anxious, pray.
  • If may mga bagay na hindi mo masabi sa ibang tao or di pwedeng sabihin sa iba... Isulat mo, then sunugin mo after.
  • Shade 45min before the exam time ends. 
  • For RFBT : "Seek for understanding rather than memorizing."
  • Wag matakot sa bagong corporation code. Magagamit mo pa rin yung dati kaseng code kase halaw lang yun dun.
  • Key sa pagrereview is discipline. You may be taking the most difficult exam in your life. Normal lang kabahan. Normal lang matakot. Kaya nga pinaghahandaan. 5 years mo yang pinaghandaan. Pero kung hindi ka magtatake para saan yung hirap mo nang limang taon? 
  • Learning never stops. Kahit CPA ka na tuloy tuloy pa rin ang pag aaral.
  • Hindi ibig sabihin na kapag hindi ka nakapasa hindi ka mahal ng Diyos. Ang pagkakataon na sumubok para maging isang CPA yan ang binigay sayo ng Diyos. Ang pagpasa mo? Nasasaiyo na yon. Kaya mag-aral ka.
3. Sir Chris
  • Always read the requirements first!
  • "Sagutin mo ako dyan sa upuan mo kahit pabulong lang o mali pa ang sagot mo para natututo ka."
  • Bago ka pumasok sa review class mas okay na nasolve mo na yung h.o. mo para magcoconfirm ka na lang ng sagot.
  • Stick to 1 review material. Pagkatiwalaan mo yung review materials ng ReSA. Do not overwhelm yourself with too many reviewers. Ang importante stick with one material at kumpletuhin mo yung review nung material na yan.
  • Take good care of your health. Wag magpupuyat. Okay na yung 6hrs of sleep. Give your enough time of rest. Wag mo akong paandaran ng 8hrs of sleep. Sanggol lang natutulog ng ganun kahaba. Utang na loob wag mo akong tutulugan. Wala kang excuse na magmanuk manukan dyan. Gagawa ka ng paraan para magising 
  • If you are travelling an hour or mo mag review during your travel time. Magsolve ka ng problems sa lrt. 
  • Organize your review materials palagi para di ka tamarin mag aral.
  • Make sure everyday nagsosolve ng problems.
  • Completion over mastery. Dapat maaral mo lahat kesa master ka nga ng bank reconciliation tapos ibang topics di mo alam. Di ka pa rin makakapasa.
  • Maganda na pagdaanan mo yung buong process ng board exam na meron kang inspiration. Isipin mo sa sarili mo kung bakit gusto mo makapasa sa exam. It will always push you through your limits every time you face hardships in reviewing.
  • Utang loob wag mo akong tutulugan.
  • Time Management. Ang accounting parang math yan eh. Kailangan ng practice. Kailangan may personal time ka para magsolve ng problems at theories on your own. Gawin mo na agad agad yung review wag mo na ipagpabukas kase di mo mamalayan ubos na yung bukas mo. 
  • Mas maganda na pagdaraanan mo yung buong process nang pagiging CPA nang may inspirasyon ka bakit gusto mong maging CPA. Bakit ka gumigising ng napakaaga para pumasok sa review or di kaya mag aral? 
  • If the WHY is clear, then the HOW is easy. 
4. Dayag 
  • Inspire
  • Never give up and if you fail stand up again and fight. 
  • Have faith.
  • A low morale increase the risk of making mistakes. 
5. Sir Mark
  • Make the most out of your time.
  • Life is all about learned perception. Isipin mo madali lang ang mga bagay bagay para hindi maging mahirap.
  • Be consistent sa pag rereview, wag aabsent, mag advance study at magpractice.
  • Mahirap maging CPA pero mas mahirap pag hindi ka naging CPA. Konti na lang CPA ka na eh.
  • Pag lagi mong binabalikan nareretain sa long term memory mo yan.
  • Magpractice kang magshading. Bawal magkaerasure sa boards. Malaki yung chances na di mabasa ng machine pag may bura.
  • Discipline is the Key.
6. Sir Gor
  • 4 and a half months lang ang review so make the most out of it. Mabilis lng yan.
  • Take the opportunity na meron ka at ibigay mo na lahat ng meron ka para makapasa ka na. Make sacrifices sa sarili mo na alam mong makagugulo sa pag aaral mo. 
  • Masarap isipin na magpapasko ka at CPA ka na.
  • Kaya mo yan. Kailangan palaban!
  • Mahirap sya pero samahan na lang natin ng FUN.
  • Sinimulan ang laban, dapat tapusin ang laban.
  • Hanggat may nagtitiwala sayo na kaya mo, hindi ka pwedeng sumuko.
  • Normal lang makaramdam ng pagod. Normal lang mahirapan pero sana kahit makaramdam ka ng hirap, makaramdam ka ng pagod hindi ka susuko, hindi ka hihinto sa pag abot ng pangarap mong maging CPA.
  • "Kahit may mga bagay talaga na hindi natin kaya basta para sa mga mahal natin sa buhay pipilitin natin gawin." 
7. Sir James
  • Focus on a single review material per subject. Maniwala ka wala ka nang oras kase. Mas okay na na paulit ulit mong nabalikan yung iisang review material kesa sa maraming review materils pero isang beses mo lang nabalikan. Take it from my experience when I took the CPA boards and Bar exam. Wag masyadong mapangarap sa mga rereviewhin.
  • Never give up.
  • Wag mong itaboy yung mga taong mahal mo at nagmamalasakit sayo habang nagrereview ka. Mas maganda na sa journey mo na ito eh kasama mo sila para pag nakapasa ka andun pa rin sila para samahan kang magdiwang sa tagumpay mo.
8. Sir Tamayo 
  • Be Persevering. Perseverance - : continued effort to do or achieve something despite of difficulties, failure, or opposition 
     Nothing is impossible with the Lord. With Him everything is possible. On your greatest weakness He will be your strength. Kapag naiisip mo hindi mo makakaya, manalangin ka sa Kanya dahil lahat ng bagay posible sa Kanya. Makakaya mo dahil sa Kanya. Makakaya mo dahil naniniwala ka sa Kanya. Makakaya mo. Kaya wag kang susuko. Mas lalo mo pang galingan. Mas lalo mo pang pag igihan. Mas lalong nahihirapan, mas lalong ginagalingan. Mas lalong nagsisikap. Mas lalong tumatapang lumaban at mag tiis sa lahat ng hirap. Endure. Be patient. Do your best and leave the rest to Him.

Note: Credit to the owner 

CRC ACE 1st Pre-Board Examination

   This blog is for those who can't afford to enroll in review schools for certain circumstances. I hope that we will be able to help everyone and use these free accounting materials for practicing and learning, effectively and efficiently.

     CRC ACE First Pre-Board Examination of May 2019 Batch consist of Advanced Financial Accounting and Reporting (AFAR), Auditing Problems and Theories, Financial Accounting and Reporting (FAR), Management Advisory Services (MAS), Regulatory Framework For Business Transactions (RFBT), and Taxation. This also include answer key for FAR, AFAR, and MAS only that can be used as your reference when you are reviewing and answering it. This can be used as an exercise exam or test to enhance your skills in the certain course. 

Link: http://www.mediafire.com/folder/mzwwvpwr1y5s6/CRC_ACE_1ST_PB

"Everything you want is out there waiting for you to ask. Everything you want also wants you. But you have to take action to get it." - Jack Canfield

ReSA Batch 38 1st Pre-Board

     This blog is for those who can't afford to enroll in review schools for certain circumstances. I hope that we will be able to help everyone and use these free accounting materials for practicing and learning, effectively and efficiently.

     ReSA Batch 38 1st Pre-Board consist of Advanced Financial Accounting and Reporting (AFAR), Auditing Theories and Problems, Financial Accounting and Reporting (FAR), Management Advisory Services (MAS), and Taxation. This also include answer key that can be used as your reference when you are reviewing and answering it. This can be used as an exercise exam or test to enhance your skills in the certain course. 

Link: http://www.mediafire.com/folder/tqxtz23346ywp/RESA_Batch_38_1ST_PB

"Recipe for success: Study while others are sleeping; work while others are loafing; prepare while others are playing; and dream while others are wishing." - William A. Ward

Quick Notes in Taxation by Jack L.A. De Vera

     This blog is for those who can't afford to enroll in review schools for certain circumstances. I hope that we will be able to help ...