I recently
had a meeting with two of my bosses, Elice and Tanky. We reviewed my progress
so far on the accounting system, and discussed their needs from the system. Thus
far, I had simply created a rough template based on features and figures that I
thought they may need or use. They seemed pleased with the work I’ve done so
far, but the system will need a lot of tailoring based on the specific needs
that we discussed. This meeting gave me a lot more insight into the differences
between accounting standards and proper reporting, versus the type of
information businesses need to make daily decisions and how they account for
this. It’s interesting how proper accounting methods differ and are similar to
the methods used on a daily basis for management purposes. Even within the
office, each person using the system needs it for a different purpose, and
needs to have it generate different, but equally useful, information. This
really highlights the differences between financial and managerial accounting, although
what I have learned at in the office, both at Innoverz and at companies I have
previously worked for, does differ from what I have learned at UOIT. There isn’t
a large focus on smaller businesses.
View from the Pier
I also had
a meeting with my other boss, Danny, to discuss my other project, the investor
report. We discussed the company’s future goals, and what they were looking to
obtain through the presentation.
Abandoned Building
Aside from
work, I have done a bit of exploring the past week. I walked around the Monkok
area and looked at the markets and went to the theatre. The new Batman movie,
The Dark Knight Rises, was amazing! It’s interesting that theatres here are all
in one really tall building, with each viewing room on its own floor versus
being spread out on one level. Batman was on the eighth floor!
Temple at Tung Ping Chau
I also went
hiking around Tung Ping Chau Island with two of the other students here. It was
beautiful but incredibly hot outside! We also went swimming along the shoreline
to cool off. Unfortunately once we dried off from swimming and were about to
walk back to the ferry, it started pouring rain! We ended up soaked, in an old
metal ferry in the middle of the ocean, in the middle of a thunderstorm! It was
the first time I’ve ever been cold outdoors in Hong Kong.
Ocean Where We Went Swimming
I've also been wondering if the people in charge of translating here's English is actually poor, or if they purposely make some translations funny because they know their bosses won't understand and tourists will laugh.
Garbage Can on Tung Ping Chau Island
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