This writing is written because the demand from my fans.
This Saturday, I got Audit class in the late afternoon
So if you ask what I learn from audit class, I will answer Conducting the Audit. You won't know the term which is very technical. So, I just told about my lecturer. In one practice question, it is written "James is responsible for counting and approving the stock". So when discussion she said, "it is not James that you know. I know the James that you know can do everything".. then the class laughed. She referred to my MA (Management Accounting) and Financial Reporting (FR) lecturer, whose name is James Kxxx.... He is very famous as Accounting lecturer not only in SIM.
Actually, when attended Audit, MA, and FR class. There is always some joke to mock one another. Last time, James says "do not become the auditor, you will get enemy everywhere."
In Monday MA class, James tells about Total Quality Management (TQM, find out in google what is that). He related the TQM principal "do it right at the first time" with our exam. Is it important to do it right at the first time? If fail, we have to rework, reinspecting, and third time fail then need to Scrap it. Then when in our certificate written fail, we start blame external failure (lecturer, examiner, family, etc) not internal failure (yourself only 0,02 percent).
Before I forget what James says today for MA night class, so I should write it first. So he explains about Target Costing. Basically, it is the method where we set selling price first then the target cost. Then suddenly, he asks the class, how long do you sleep every day? Most of us says 8 HOURS!! He then calculate, 8 over 24 = 1/3 then expected normal people life is 60 years. Then 1/3 * 60 years = 20 years zzzz.. Then, he uses 6 hours of sleep, then there is 5 years differences, then what he says, 5 years you can take 1 degree and 1 master..
Related to target costing, then he asks us.. Then every day 24 hours, less 8 hours of sleep, 4 hours chatting (this is called non value added), 2 hours of eating, 2 hours of bath, 2 hours of watch TV (non value added), 2 hours of travelling, 3 hours lecture, etc.. Then he says, how much time you set aside for study excluding the lecture time?? Wah, I think I got shocked when he says this.
Then he reverse the planning, what should come first? STUDY! Hahaha.. So, 24 hours, 6 hours of study, reduce to zero for all non value added activities, 1 hour for eating, and bath. 2 hours of travelling. So left 14 hours, Wahh.. we see, there is a lot time when we put the priority of study first. hahaha...
This part actually makes me feel guilty :(
He reveals to the class how much he sleep everyday. He tells he rarely sleep more than 5 hours. If it happens, then it will be good. He just normally sleeps 3-4 hours/day. He currently pursuing two doctorates program, making two thesis with a 180,000 words in total...
I just wondering is it the education so important for him? I mean I think there are still much more part of life that should be equally as important as education...
Can you help answer this part? your comment is appreciated.