Goals for Unit 2 & 4

Goals for Unit 2 & 4

(Review goals by midway term 3 and )

• Achieve High Grades
  
• ∴ Accumulate and store knowledge of topics throughout term 3, term 3 holiday consolidate, term 4 continue accumulating
  
• ∴ Follow a structured study timetable
  
• ∴ Follow up progress on revaluating goals

• TV ban
• ∴ Taliban ^^
  

Failed to plan

I have failed to plan. Thus I must learn from my mistakes and plan for Unit 4. I hear Unit 4 is just a continuation of Unit 3. GG. Any who, here are the chapters (only 7 in total compared to 12):

• Chapter 13 - Returns of Stock
• Can't be too hard
• Chapter 14 - Stock Valuation
• Why would we need to value stock?
• Chapter 15 - Accounting for Non-current Assets
• Okay
• Chapter 16 - Balance Day Adjustments - Revenues
• O great, another BDA
• Chapter 17 - Budgets
• Budgeting ... oh help me lord
• Chapter 18 - Evaluating Profitability
• Dear me, a whole chapter dedicated for profitability - the ability of the business to earn profit, as compared against a base such as sales, assets or owner's equity
• Chapter 19 - Evaluating Liquidity
• Dear me, a whole chapter dedicated for liquidity- the ability of a business to meet its debts as they fall due

I must retain my

• Accounting principles and Qualitative characteristics
• Definitions of elements (A = L + Oe R, E)
  
• Accounting process
  
• Source Documents - Chq. butt, Cash receipt, Invoices, Memos
• Records - Ledgers, Journals (CRJ, CPJ, SJ, PJ, GJ), Stock cards
  
• Reports - BS, CFS, P&LS
• GST
  
• Spec. journals (SJ, PJ, CRJ, CPJ) & General Journal
  
• Accounting for Stock
• Determining P&L & BDA

Maybe thats a bit too much. I will finish this wen I get bak from break.

It's 10:33PM

Accounting Unit 3 Exam Tomorrow
Tonight has been such a blur; study for an hour, watch TV, then MSN'ing. I'll be reading this after getting my exam mark and will probably say to myself "You deserve the mark you got". When I finish this entry I will go to sleep.

What else do I have to say. The exam better have Cash v Profit because I know it in and out. O yes, and not benefits of subsidiary ledgers and control accounts. Infact, no benefits. I HATE YOU THEORY!!!!

Parents home, better be off to sleep. Gaaa it's 10:40PM!!!

Goals and Aspirations

My goals
(Dated June 2008)

Self-discipline

• Setting realistic goals - is this goal even realistic :P
• Study
• Overcome procrastination
• Time management
  
• Sleep
• Sleep by 11pm and awake by 7:30am
• Health
• Bboy - maintain power and more
  
• 
  
• Year 12: 95+ ENTER

Wealth

• Passive income of $1 a day
• By blogging
  
• A diversified portfolio
• Shares, stocks, property, stamps, cars,
  

My Aspirations

• Courage
• Defeating the procrastination devil - 'trying my hardest is what matters
  
• Confidence
• Public speaking
  
• Momentum
• Developing the ongoing habit of success that will keep my energy and enthusiasm high
  
• Purpose/Fulfillment
• Finding my true purpose in life by living consciously according to my deepest values and beliefs
  

Next Semester

Alrighty, first off I need to get my priorities straight by setting some goals:

In Semester 2 (starting on the 14th of July) I want to achieve high grades; 95+ test/exam, A+ results.
The reason being so I will be better equipped for VCE Year 12.

I can only achieve this by
- Knowing my work thoroughly by studying daily and not procrastinating

I will have outside school commitments so there will be no time to waste. Reflecting on Semester 1, you could say I was overloaded only because I didn't manage my time properly. My commitments include:

• Blogging (studyftw.blogspot.com)
  
• Work (Big W ) - 9 hours; Fri, Sat & Sun
  
• Tuition (Tye and English) - 1.5 hours; Sat
  
• Church (Sunday school) - 2 hours; Sun
  
• Breakdance (Hopefully teaching kiddies) - 2 hours: Wed

Assuming I sleep at 11:00 pm and wake up by 7:30 pm and am at school from 8am to 3:30pm I will have to commit 2.5 hours of study on the weekdays and approx. 6 hours over the weekend.

So Monday-Thursday with Friday off to work and Saturday mornign


My key strategies I will use to fulfill my goal are:

A Stitch In Time Saves 9

• I will complete assessment tasks and assignments as soon as I get them
• I will write up study notes and summaries progressively throughout the year
• I will learn my theory progressively throughout the year rather than cramming before exams
• I will start collecting trail examination papers
  
• I will highlight sections of work that I find difficult or I did not understand
• I will circle difficult, challenging/trick questions

Smart Use of General Time

• I will use school time wisely as the more I learn and complete work at school the less work I will have to do at home
• I will never tune out of class
• I will use class time just listening and absoring the information being imparted from my teachers
• I will keep ahead of the classroom with respect to the material being covered at school
• I will write up my study notes and summaries within 24 hours of addressing the materials at school

Capitalise on Low Peak Periods

• I will dedicate the majority of each school holiday to study which will give me a huge advantage over my peers
• I will review vital concepts from the previous year/semester

Motivation, Dedication and Organization

• I won't procrastinate
• I will engage in a regular study timetable by studying everyday
• I will regularly assess the effectiveness of my timetable and implement strategies that will help me become more time efficient
• I will plan each week ahead of time
• I will record all major deadlines as assessments/ assignments is they are issued so
  
• I will keep detailed lists of everythying that I must address
• I will prepare lists daily so I can take commitments into account into my study timetable
• I will be organised and clean my study area each night
• I will have well defined sets of goals

Effective learning techniques

• I will committ knowledge to memory using the Four Rs; Recall, recite, review

Regular Revision and Repetition

• I will revise and repeat to achieve VCE success

Exposure

• I will get my hands onto as many examination papers as possible