School Term Starts...

School had started...





1st Module - Audit & Assurance





What is audit? Audit is to provide the following,


1)add reliability to financial statement.


2)provide a true & fair view on the company's f/s.


3)verification of assertions made.


4)review company's approach on internal controls, risk management, goverance & business model in accordance to the law.





How about assurance?


Well... they are to assure the following,


1)protect stakeholders' interest


2)enforcement of FRS & Fr law.


3)detecting errors or irregularities which can impact FR.





2nd Module - Financial Reporting





Why the need for financial reporting & regulations?





1)to enable investors to make the informed decision


2)increase efficiency in allocationg funds to capable firms


3)to prevent company from manipulating favourable reports to themselves.





That is all for now. I got to go ... bye

League Cup Win for Liverpool

Brighton & Hove Albion Vs Liverpool

Full Time: 1 - 2

A. Barnes PEN (90)

C. Bellamy (7)
D. Kuyt (81)

A strong lineup against Brighton, however Liverpool only manage a 2 - 1 win, thanks to Bellamy who scored on his first start. The game also featured the return of captain Steve Gerrard. The midfielder has been out of action since March, his 73rd minute entrance gave an emotional boost to the Reds.

Liverpool lost twice in a row ...

What's going on ?!?
K.D need his team to respond strong for the next game..
It's back to reality after 2 losses in e BPL against lesser opponents.

Match (1)
Stoke City Vs Liverpool

Full Time: 1 - 0

J. Walters (20`)


Match (2)
Tottemham Hotspurs Vs Liverpool

Full Time: 4 - 0
L. Modrić (7`)
J. Defoe (66`)
E. Adebayor (68`90`)

C. Adam (28`) Red,
M. Škrtel (63`) Red

" New Signings "

" Liverpool FC Latest Additions "






S.Coates ($7mil)

C.Bellamy (Free)