LEARNING LOG: PAS 1
LEARNING LOG: PAS 7
The easy part for me
about the lesson is
differentiating the
three types of
activities which are
operating, investing,
and financing.
I learned a lot especially the
requirements in the presentation of
statement of cash flows.
The interesting and The hard part about
challenging part the lesson for me is
about the lesson is when making the
when analyzing direct method
what type of because it really
activities should I takes time to
put in my financial analyze it.
statement.
It is very similar to differentiate the
types of activities like what should
we do in the morning until the
evening, we must organize our
type just like how statement of
cash flows organized its
LEARNING LOG: PAS 8

For me there was
nothing easy about
this chapter because I
found it really hard
analyzing.
The interesting and
challenging about the
lesson is about
knowing the different
types of accounting
treatments.
The hard part for me
about the lesson is
distinguishing change
in accounting policy
from a change of
accounting estimates.

The interesting part the I learned

today is that knowing the different
types of accounting treatments.
When we do something wrong,
don’t lose hope because in every
situation there will always be a
solution to correct our previous
errors in life.
LEARNING LOG: PAS 10

The easy part of the The interesting and I think there is no

lesson is knowing challenging part hard in this lesson if
when the financial about the lesson is you read it and
statements are identifying whether understand it very
authorized for the event is adjusting well.
issuance. or non-adjusting.

The interesting lesson that I learned

with PAS 10 is identifying the event
When we do something wrong,
after the reporting period if it is
don’t lose hope because in every
adjusting or non-adjusting.
situation there will always be a
solution to correct our previous
errors in life.
LEARNING LOG: PAS 24

The easy part of the The interesting and There is nothing hard
lesson is enumerating challenging about the if you understand
the examples of lesson is when and analyze the
related parties. describing the lesson provided.
disclosure
requirements for
related parties and its
transactions.

The interesting part about the

lesson is when describing the
We have commitments and
disclosure requirements for
obligations that we must
related parties and its
disclosed in our life just like here
transactions.
in PAS 24.
LEARNING LOG: PAS 37
The easy part about
the lesson is knowing
the recognition
criteria of a provision.
The interesting part about the
lesson is differentiating the
accounting requirements for a
provision, a contingent liability and
a contingent assets.
The interesting part
The hard part of the
about the lesson is
lesson is about
differentiating the
describing the
accounting
measurement of a
requirements for a
provision.
provision, a contingent
liability and a
contingent assets.
We must know our background
and where we came from just
what here in PAS 37 where we
understand their nature, timing
and amount.