Company Financial Statement - F3

Contribution Break Even Chart

Opening Inventory,Cost,Profit

Opening inventory overstate -> Cost overstate -> Profit understate

Opening inventory understate -> Cost understate -> Profit overstate

Formulas for Basic Budgeting:
Pg 277
Budgeted production = Forecast sales + Closing inventory - Opening inventory

Pg 278
Material usage budget = budgeted production X quantity required per product

Material purchases budget = Material usage budget + Closing inventory - Opening inventory

Pg 281
Labour budgets = number of hours X labour rate per hour

Relationship of Closing Inventory,Cost and Profit

Closing Inventory Overstate -> Cost Understate -> Profit Overstate

Closing Inventory Understate -> Cost Overstate -> Profit Understate

Internet Explorer 7.0 - Shortcut Keys

Today, I would like to share with you about the following handy tips:

Tabs shortcut keys:

Open links in a new tab in the background
Ctrl+Click

Open links in a new tab in the foreground
Ctrl+Shift+Click

Open a new tab in the foreground
Ctrl+T

Switch between tabs
Ctrl+Tab / Ctrl+Shift+Tab

Close current tab (or current window when there are no open tabs)
Ctrl+W

Open a new tab in the foreground from the address bar
Alt+Enter

Switch to the n'th tab
Ctrl+n (n can be 1-8)

Switch to the last tab
Ctrl+9

Close other tabs
Ctrl+Alt+F4

Open quick tabs
Ctrl+Q

Zoom shortcut keys:

Increase zoom (+ 10%)
Ctrl+(+)

Decrease zoom (-10%)
Ctrl+(-)

Original size (100% zoom)*
Ctrl+0

Search shortcut keys:

Go to the Toolbar Search Box
Ctrl+E

Open your search query in a new tab
Alt+Enter

Bring down the search provider menu
Ctrl+Down Arrow

Favorites Center shortcut keys:

Open Favorites Center to your favorites
Ctrl+I

Open Favorites Center to your history
Ctrl+H

Open Favorites Center to your feeds
Ctrl+J

Apart from this, a few helpful shortcuts for mouse users also available:

Open a link in a background tab
Middle mouse button

Close a tab
Middle mouse button on the tab

Open a new tab
Double click on empty tab band space

Zoom the page in/out 10%
Ctrl+Mouse wheel Up/Down

Margin and Markup

Income Statement and Balance Sheet

Paper F1: Competitive Factors

Chapter 12

Generic Strategy: Cost Leadership, Differentiation and Focus.

Porter 's Five Forces Analyst:


Porter 's Value Chain Analyst
Primary activities:
Inbound Logistic -> Operation -> Outbound Logistics -> Marketing & Sales -> Services
Support activities:
Firm Infrastructure
Human Resources Development
Technology Development
Procurement

9th Emperors 's Vegetarian Season

Today is 1st day of September in Chinese Lunar Calendar. Hence, majority Taoism followers start to take vegetarian for 9 days. As usual, our Malaysia 's rainy season also falled in the September. Hence, we feel comfortable with the weather since our country 's average weather is around 29 C to 33 C per annum. For those who know chinese can read the following article:

Story of The Nine Emperors

Charity

Grain or rice is important in our daily meal. Do you want to donate while earning knowledge? Try on http://www.freerice.com/

3M Laptop Filter Recommended

Are you worry of laptop privacy in starbuck?

Don't worry. Buy 3M Privacy Laptop filter.

More on http://www.3m.com/

ACCA Exam is coming soon

I had read the articles on Student Accountant Magazine. A few changes on terminologies in F2 and F3 Exam have been noted as follow:



Revised IAS 1 is examinable from the June 2008 exam session onwards.

balance sheet -> statement of financial position

cash flow statements -> statement of cash flows



From June 09 Exam onwards,

Income statements will renamed to statement of comprehensive income