Tuesday, August 30, 2005

Overheard..

We've had a very long and complicated case this week in Manac that's left almost the entire class feeling like we've been hit by a truck. We stumble out of the class dazed by Accounting Standards and Deferred Tax liabilites.

Everything seems to make sense for one magic moment. And then, the moment is gone.

See, Manac is like an onion. You keep peeling it layer by layer. Of course at the end, you'll be left with nothing but a lot of tears.

- Management Accounting professor

4 comments:

Anonymous said...

another gem from the next session: "This is the theory of Karma, it will come back and hit you with retrospective effect......so pay your taxes"

Girish said...

Another one:

..this is the case with all accountants, CA or non-CA.. meaning that being a CA doesnt have any value to it. Its all the same.. Accounting is a way of life..

Suze said...

hm.. you guys post anonymously, and prof questions me in class.. neat! :))

but yup.. remember these as well :)

atleast it led to a very productive review session t'day.. alls well that ends in an (n-1) quiz

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