Right from time, I have always give kudos to those who take Blogging as a Job.

It could be tasking, but then the challenge is required.

Those moments, when it seems there’s so much flurry of activities that the head seems to spin. Again, those moments, when supposed efforts don’t seem to yield the desired results. Yet again, those moments when the law of diminishing returns seems to be playing games with us…

In those moments, I think we need some time off to just breathe, reflect and revamp our strength…

Because without fail, those who take time to wait eventually mount up with wings as eagles, soaring and running without fainting.

Cheers to MMBA2 first exam baptism...

Adefolake

#MMBA2

The statement of cash flows reports the inflows and outflows of cash, and the change in a company’s cash balance during an accounting period.

When a company has more cash inflows than outflow their cash balance increases (and vice versa).

The Statement of Cash Flow impacts the Asset side of the Statement of Financial Position. An increase in cash balance will increase the company’s Assets (and vice versa). The Statement of Cash Flow is also linked to the Statement of Proft or Loss because a Proft or a Loss situation affects cash flow.

A company’s net cash flow is not equal with its income because the Statement of Profit or Loss is prepared using the accrual accounting basis.

A net positive cash flow is important for a company because it enables it to meet its liabilities and pay dividends to its owners. A positive cash flow enables creditors to assess a company favourably for loans, and also increase the valuation of its shares in the market.

ASSETS = LIABILITIES + EQUITY 

The above, is a financial accounting equation. This is also called the dual aspect concept. It is made up of an organization's asset (left hand side), which has current and future worth to the organization and can be measured. The (Right hand side) consists of liabilities which the organization owes and equity, which are values that would be repaid to the company's shareholders.

The above equation is a form of account, and the left and right sides must always be equal at all times.

Thank you for your time  

As we prepare for our first ever assessment at the indigenous Lagos Business School, I wish all the MMBA 2 students myself included the very best of luck in the upcoming exam. It's been a fantastic five months of excellent and intensive study that has added to my knowledge base.

Always remember that the illiterate of the twenty-first century will be those who are unable to learn, unlearn, and relearn.... Alvin Toffler. I can confidently state that during the last five months, I have learned, unlearned, and relearned, all thanks to God and LBS.

Thank you for your consideration.

It is that time when MMBA 2 students are preparing for exam, oh I as a student is happy that I have learned a lot in a space of 5 months but I am overwhelmed by the number of things to cover.

Starting the recorded video of CFA , I am elated by the impact of that course on my thought process when I see a financial statement. I am happy to be tensed and hope for a great exam on saturday on this course

It is that time when MMBA 2 students are preparing for exam, oh I as a student is happy that I have learned a lot in a space of 5 months but I am overwhelmed by the number of things to cover.

Starting the recorded video of CFA , I am elated by the impact of that course on my thought process when I see a financial statement. I am happy to be tensed and hope for a great exam on saturday on this course

Earlier in life I learnt that order was a virtue. Originally, when order came to mind, I thought of a well arranged wardrobe or office desk, I have realized that it’s actually more than that. Order exists in different facets.

Order in my work: I should know which comes first, what is to be prioritized. Even God created the world in an orderly way. For instance the fishes were not created before the sea.

Order in my mind: To learn to chose my battles. If it is not a matter of faith or principle why argue and have myself in knots. I can simply let it go

Order in affection:  Well I will not say my father versus my husband here. No. Rather its God first, my supernatural family, my family(of which dear daddy and husband belong) and myself last. I believe loving my neighbors and making sacrifices for others is important. Little things o, I am no Jesus

Order in duties: we need to know what to do and the right time to do it. Likened to  the wise and foolish virgins of the bible. Pray when I ought, sleep when I should.

So when next you think of order, think not of a person ravaged by an obsessive compulsive disorder (OCD). However, think of order in your mind, your affections, your work and your duties. Let each have its time and place.