Asifism.com
A blog of Factual Opinions

Lots…

Last few days I have kept pretty busy, and I think it’s going to get like that, but I’m going to work Asifism.com into my schedule too.

I’m currently setting up a new business (more information on that will come soon). I’m also in the process of working out with a franchise issuing organization to purchase an accounting/bookkeeping franchise (more information on that will follow too). In addition, I am studying for CIMA and actively working on DesignerPottery.com (http://www.designerpottery.com/blog). I need some help on this, so if this even remotely sounds like something you can help out with, please visit the blog and give me insight, feedback, or simply contact me for how you can help.

Of course, business is my priority. As part of marketing my accounting/bookkeeping consultancy, I am launching, in conjunction with VAFTA Solutions Limited (http://www.vafta.com) an accounting blog, which will start with me completing the second part of the accounting software article, where I will discuss and compare various accounting software. Consider it a QuickBooks Vs. Peachtree Vs. Sage Vs. Microsoft Office Accounting. Oh, and for the record, Sage sucks. Don’t buy it if you can avoid it. Get Quickbooks or Peachtree or Microsoft Accounting. They’re all three about 10 times better than Sage.

Basically, this new blog/section is about the following: many modern accountants/bookkeepers are able to use accounting software, but really, when you have a complex issue at hand, you always need to go back to your basic T-Accounts, i.e., the debits and the credits. I’ll start off with the basics, and as I study for CIMA, I’m also getting a refresher of all the basics. In addition, and this is probably going to be extremely productive and useful for some accountants or professionals, as I embark upon this journey to discuss accounting in hopefully an unambiguous way, unlike any other damn book (published by CIMA or Gleim or Kaplan or anyone else), I will point out the differences in the way the accounting is done under US GAAP and the way it is done under UK GAAP / IFRS. This itself is a bit of gap bridging activity for me, since almost all of my practical experience is US GAAP driven, and now I have to adjust to the IFRS. Please note that the differences arise at the basic level, and are carried through to the final stages, and there are problems if you hold a reluctant frame of mind about how the accounting needs to be done. Consistency past borders is hard to find in this profession, and that can get frustrating.

In addition, I will discuss some of the certification processes along the way. I am a member of the Institute of Management Accountants (IMA) in the USA, although I never really got a chance to sit for the Certified Management Accountant (CMA) exam while I was there. In the UK, CMA doesn’t mean much, but CIMA means everything for good financial & management accountants. So, I’m indulging in CIMA now, unfortunately, from the basics, and I’ll explain why when discussing the certification.

However, stay put for this new set of articles and lessons in the Accounting & Finance Category of Asifism.com. In addition, these lessons may be reproduced on http://www.vafta.com/blog, but I’m not so sure of that. If anyone is interested in writing on accounting, please be sure to email me at asif[at]asifism.com for more information.

For those of you who come here for QuickPlay. That will keep coming, as will more information regarding it that comes irrelevant. I’ve had some new problems with my HP dv2415, and I haven’t really had time to key that in, but I’ll be discussing that too. More Memoirs of the HP dv2000 series! Please, the offer for the DVB Card/Software article is still on the table, but unless people are serious about it, we won’t be spending time putting that together. Please vote on that:

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In addition, if you have hard success or failure with HP QuickPlay via Asifism.com, please let me know and leave comments on what needs to be changed.

Of course, as I get time inbetween, I’m also dying to give my cynical political insight on things like the triple victory of Hillary Clinton over Obama (in Texas, Ohio etc.). And of course, I’m dying to put down a few lines on Bush backing up McCain, and John McCain being very happy about it. Like anyone cares what George Bush thinks anymore!

Well, that’s all for now folks! Let’s get this rolling!