This financial statement shows a company's financial position at a specific point in time.
Balance Sheet
This noontime show, famous for "Eat Bulaga!", has been on air since 1979
Eat Bulaga!
This planet is known as the βRed Planet.β
Mars
This hero is known as the "Father of the Philippine Revolution."
Andres Bonifacio
This island is famous for its white sand beaches, crystal-clear waters, and vibrant nightlife.
Boracay
This law regulates the practice of accountancy in the Philippines.
Philippine Accountancy Act of 2004 (RA 9298)
This viral P-pop boy group became famous for hits like βGENTOβ.
SB19
The chemical symbol for gold, something accountants probably wish was in petty cash.
Au
The declaration of Philippine independence from Spain happened on this date.
June 12, 1898 (Okay with just the date)
This mountain, known as the "Sleeping Giant," is located in the province of Ifugao and is a UNESCO World Heritage Site.
Mount Pulag
This principle states that expenses should be matched with revenues in the period in which they are incurred.
Matching Principle
This teleserye featured the iconic love triangle of Amor, Eduardo, and Claudia.
Pangako Sa 'Yo
This branch of science studies data, probability, and trends β accountants love it too.
Statistics
This was the first Philippine republic, established in 1899 in Malolos, Bulacan.
First Philippine Republic
This famous river in Palawan is known for being one of the longest navigable underground rivers in the world.
Puerto Princesa Underground Rive
This is the national professional organization of CPAs in the Philippines
PICPA (Philippine Institute of Certified Public Accountants)
This Pinoy movie, directed by Cathy Garcia-Molina, starred John Lloyd Cruz and Bea Alonzo and is often quoted for βAyoko na, pagod na pagod na ako.β
What is One More Chance
This scientific term refers to a βtestable explanationβ β kinda like how auditors use working hypotheses to assess risk.
hypothesis
He served as the first President of the Third Republic after World War II.
Manuel Roxas
This historical landmark in Cebu City is the site where the Philippine flag was first raised after independence from Spain in 1898.
Cebu's Mactan Shrine or The Battle of Mactan
This type of audit opinion is issued when the financial statements are fairly presented, but there is a material misstatement that does not pervasively affect the financial statements.
Qualified Opinion
This legendary Pinoy rapper was known as the βKing of Philippine Rapβ.
Francis Magalona
This principle from physics explains why things stay in motion unless something stops them β kinda like expenses with no budget.
Newtonβs First Law (Inertia)
This pact ended the Filipino-American War and marked U.S. recognition of Philippine independence in 1946.
Treaty of Manila (1946)
This UNESCO World Heritage Site in Davao Oriental is known for its centuries-old, towering rock formations and is home to various endemic species of plants and animals.
Mount Hamiguitan Range Wildlife Sanctuary