T K Lo & Co
Hong Kong CPA Firm
UltraViolet
It was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to Heaven, we were all going direct the other way.
Cocktail Corona
| Company Secretraial Service Fee |
| Our Bank Accounts for Fee Settlement |
| "Independance" is the first lesson learned
from Auditing class of Prof LRH and "Uncertainty"
is the first lesson learned from Business class of Prof MT in
Colocolo's college time. At that moment, it was really unable to
understand what was independance, besides in mind and in
appearance concepts. After certain years of training and
practice, Colocolo comprehended that a good advice from
consultant must always come from unbiassed and impartial mind,
no matter how smart the adviser was. Once, a person involved
with personal interest or feelings on something, the person's
opinion, suggestion or decision all became "personal" and
"positioned". In Chinese, it called "當局者迷". Independance is not
just an ethical requirement, it is a condition of good decision
making. Enterpreneur need courage to overcome difficulties arising from the uncertain matters in business. But it does not mean taking or running unnecessary risks, in particular many risks are controllable and avoidable. If a businessman obtained fortune by "luck" in uncertainty, he/she would lost the same by "unfortunate" sooner or later, unless he/she learns to master the uncertainty. Independance is a weapon to have uncertainty controlled. Colocolo will try to make use of this column to share with surfers about risk management skills as a security on the one hand, and about new, local and street wisdom of business ideas as an adventure on the other hand. Please wait and see the original techniques of Colocolo ...... |
Risk Management Skills
Sensitivity Analysis is a practical & useful but under-estimated & under-utilized skill in management. Many wrongly interpret it as a range or worst-best-case scenarios reference comparing with a static traditional balance sheet and a profit and loss account. Instead, SA is a dynamic skill to monitor the velocity of timing and scale in operation. Lesson one in Costing should teach that all business has a break-even point, and business making loss under the BEP and making profit over BEP. Every business in fact can either make profit or loss. No business will only make profit and no business will only make loss, and this is why the same industry has profit-earner and bankrupt with very similar abilities and experiences. The survivor merely has a better timing and scale adjustment in response to the dynamic change in market to keep it above BEP. Therefore, SA is not a range control, it is an acceleration and deceleration control, and is a momentum control by simply adjusting to speed and size of a business against an estimated boundary.
Cut-it-Out is not a losser's action. Instead, in years of practice, Colocolo noticed that successful businessmen normally have a great number of times to cut their loss-making investments out. They have their SA to know when to CIO and just do it without hesitation. A real losser does not have the "number" of CIO or does not have the number of chance. Human is a kind of hoping miracle or a kind of sense and sensibility. While they need strong ego to push forward their businesses, they need to know business uncertainty is something they are never really able to know. They need to have the determination to set aside their ego and CIO wrong investments.
Standard Deviation represents the probability of the range of coming happening according to historical data within a certain cycle. One SD represents 68.27%, Two SD represents 95.45% and Three SD represents 99.73%. It is just a conventional wisdom and is not applicable to something new products or without cycling effects. But it is still a useful tool in decision-making, in particular decision based on probability estimation.
Adventures
Turn Everything Off for a couple of hours ocassionally, including cell phone, computer, TV, iPad, video game, etc. You will find that you discovering yourself again, your observation ability is increasing, you are thinking, you are meditating and you become noticing those wrong decisions made before the TEO.
Buy Goods from Competitors let you know the weaknesses of your goods or services and let you have a target to achieve. Competitors are always your good teachers who can tell you what are the market's requirements and directions. BGFC in Chinese is "以敵為師".
One Way Or Another something will change our world. People get used to do thing in one single way, after thinking or trying such way be more or less the best way. This behaviour is reasonable, as people normally have limited abilities and resouces to check out all course of actions. But this behaviour also makes people neglecting the new opportunities arising from the changing enviorment. OWOA our current doing in fact will be much better, if we keep on trying new ideas and new opportunities.
Two roads diverged in a yellow wood,
And sorry I could not travel both
And be one traveler, long I stood
And looked down one as far as I could
To where it bent in the undergrowth
Then took the other, as just as fair,
And having perhap the better claim
Because it was grassy and wanted wear
Though as for that, the passing there
Had worn them really about the same
And both that morning equally lay
In leaves no step had trodden back
I shall be telling this with a sigh
Somewhere ages and ages hence:
Two roads diverged in a wood, and I -
I took the one less traveled by
And that has made all the difference.
Social Spectrum
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Our profession has some key standards "行規", any non-compliance with them will overthrow the public recognition and existance of us. They includes:
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| We therefore have some weird regulations to and supervision among staff members to safeguard our zero tolerance to violation of COE. |
| Our Firm has the following posts for CPA professional staff members. |
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Partner |
Audit Senior or Assistant Manager may also act as a Team Coordinator of audit team, and now all our Team Coordinators are experienced and qualified member of local or overseas accountancy professional bodies. Our staff members' post and years of experience directly represent their abilities and responsibilities in handling our professional jobs, and in many occasions will be the conditions for their further advancement in additional professional recognition or academic recognition. Therefore, no alteration nor misleading representation of the post name and the length of services are allowed. |
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Gift & Advantage Acceptance Form |
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Thanks for the gift of our clients or service providers, cash equivalent items are donated by us to the following charitable organisations in the last year.
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| Our partners have also donated to the other charitable organisations below in between 2 to 5 years for other reasons or programs. If clients or staff hope us add other organisations in our donation list, please let us know and consider. | ||||||||||||
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Glory Galaxy |
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UV helps detect counterfeit money.
You & We need to work together to cope with the fast-changing and risky market. More disclousres and communication will make risk managable and becoming an opportunity.
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Web Designer:
Colocolo
e-mail:
kiwicolo@gmail.com
Colocolo is a senior staff
member to oversee the maintenance of the Firm's WebPages. The reasons of
using alias and google e-mail account for communication are that (1)
avoidance of receiving plenty of junk mails in business e-mail box , and (2)
keeping a fair view and
independent mind to accept the posting of information. Using
Colocolo helps designer forget
awhile the orginal identity, and even helps designer think over matters
from the view point of clients or outsiders.
This Firm is not a big CPA firm, the number of staff members is
normally below 40 in recent years. The Firm is also not an
international firm or joined with international accountancy
practice unit, although we have international clients and are
members of several local and international reputable professional bodies.
Our range of services and content of WebPages should not be compared with Big
firm having around 10,000 staff members. But we have local wisdom,
more practical private business consulting experiences, and are
applying the same set of accounting and auditing standards in
Hong Kong as all the other Big CPA firms.
Colocolo is an amateur of Web
designer with limited time resources to organise and polish the
editorial work. While our presentation will keep as simple as
possible, we hope clients and staff members to make use this
WebPages as a platform to exchange information
effectively and to keep in touch. If there are any
recommendation, grievance, complaint, etc to this WebPages,
please do not hesitate to notify
Colocolo.
Colocolo needs to thank
colleagues for their contribution of articles,
training materials, photos, etc for the assembly of this
WebPages. Their names will be disclosed together with their
contributed items. We also respect the copyrights of all other
original creators, alike our own copyrights. If any content and
context violate interest of the original
creator or author, please inform
Colocolo to put them right.
Acknowledgments
Articles Contribution
Mr TC Wong
Ms Wendy Fung
Ms Dina Yeung
Ms Manchi Kong
Ms Candice Lau
Photos Contribution
Mr Eric Chan
Ms Eeyore Kwok
Ms Sukie Chan
Translation
Ms Judy Ting
It is a far, far better thing that I do, than I have ever done; it is a far, far better rest that I go to, than I have ever known.
Hi & Bye from Colocolo
網誌過客:
月映 (別號: 上官竟我)
電郵:
嗜好:
無聊, 用中文思考
用行動實踐理論
路見不平, 拔刀相助
吃喝玩樂, 遊戲人間
風花雪月, 詩詞歌富
等等, 等等
既然用中文思考, 曾幾何時又是超級小說迷, 何不助Colocolo一臂之力, 用每晚睇完英超又未眼訓的時間,練吓中文輸入法及識小小的廣東話,暫且填補開了天窗的網頁, 各位看官, 請多多捧場.
香港會計師行有一個特性,就是每年有很多專業的年青男女才俊加入這工時特長壓力極大的行業"實習".彷彿是他們大學課程的延續. 當工作間變成學校,專業的訓練便要面對新一代(有人稱Y世代)的轉變.上官竟我因而累積了一些新世代的教學心得.下列是在訓練時歸納的見解:
教書先生教不好孩子，因教書先生只董教書，不董教人。父母應找的是教師不是教書。但教師也不一定可以教好孩子，因教字在教師的viewpoint是active
voice，在孩子的viewpoint是passive
voice。一個搏命教，另一個可以不學，白廢心機徒勞無功。所以要成功的教師首先要放棄教字，要把教換成老。孩子需要的是老師，老:尊敬也，師:效法也。能引導孩子尊敬效法的人才有機會把passive
voice的教變成active
voice的學，令孩子變成學生。
父母不應照顧孩子，因嬰孩才需要照顧。對孩子的照顧應隨成長期盡快減少，讓他們學習獨立自主，有能力入世成人，早日離開父母的庇蔭。所以父母對子女終極的愛是離，不是合。否則，孩子只會成為父母一生放不下的玩偶，到時要照顧的不單是孩子，還有父母的童心。
上官竟我明白專業的Y世代其實亦受限於另類的新一代沖擊,受限於他們從未經歷的人際關係,所以曾經替他們分析如下:
人活在世上，多數時間是忙於工作、家庭、讀書、考試、交際、娛樂和瑣碎的生活，這是我們外在的世界。在我們的內心我們感受著不同的喜怒哀樂，享受生命的愉悅幸福，承擔著各種由親友、工作、社會及自我施加的責任和期望，這是我們內在的世界。Everyone
has two worlds, inside and outside. You hardly know anyone inside out
having only one single world.
所以，表裡如一言行合一是一種理想，不是一種實況。所以，要瞭解自己是如可的血肉之軀，要瞭解自己的腦和心
(mind & heart)
，理智與情感 (sense & sensibility)
。所以，對別人我們要聽其言觀其行。
生老病死生離死別生滅幻變失戀失學失落失望失意，人生在世怎可能沒有遭遇苦難挫折，怎可能永遠事事如意，這就是我們的生活。逆境啟迪智慧，不如意時何不借此機會把外在的你與內在的你稍稍分離，放下既定的習慣忙碌的身軀，不再隨波逐流，回到自己的內心，重新思考人生提升精神價值建立屬於自己的目標和信念，這就是生命中的愛。不要讓金錢、權力、慾望、社會地位和短暫的不如意令你的心變成奴隸。
上述數段的見解和分享，是源於2009年度利用電郵與同事進行的效率訓練，透過互動的限時回應綜合各人對某些工作行為或事項的想法，及後個別地提出上官竟我的私人想法和向大家發出一個綜合見解和分享。私人的觀點不會完全正確，很多只是單憑職場經驗的猜想，而分享亦要照顧多位回應者的情況，有些東拉西扯的感覺。這是僅有部分用中文書寫的回應，其餘8至9成的內容，日後若有機會可在英語區根大家討論。
PR Gatherings 20111028
春歸何處 寂寞無行路 若有人知春去處 喚取歸來同住
春無蹤跡誰知 除非問取黃鸝 百囀無人能解
因風飛過薔薇
小學教的宋詞唐詩不難找到寂寞這抽象的形容詞,只因由小孩到長者由凡夫俗子到皇親貴胄,誰都不能逃過這與生俱來的現實,每一個人是單一的個體,但卻有群體動物的天性,
喚取歸來同住的春天只是metaphor,人其實沒有詩人獨憔悴的藉口,學習與自己相處的同時亦要學習與眾人相處.別人的經歷是對自我的啟示
,亦讓人在現世的Lost中找回自己認識自己發現自己
做人可以take it for granted, 可以休管他人瓦上霜,可以信解行證自覺而覺他助人而自助,可以bless more to give, 不過,要 發現自己令一生不只是一片空白,你可能首先要放開心界,努力以赴地演活眼前生命裡每一個角色,感染其他舞台上的對手,在人生的舞台上不要讓羞怯淹蓋你的才華,不要讓自我淹蓋你廣闊的人生版圖,不要沈溺於小河的漩渦,因為你的前面可以是長江大河.
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