20200418a – Week 2 Financial Accounting, Financial Management and My Home Office

It’s Week 2 and I am settling into studying online. Financial Management we have continued to look at the financial mathematics of the subject. We discussed the risks of bonds such as interest rate risk and time or default risk. I do need to increase my study in this subject as I’m finding I am only doing okay in the questions, so need to do more work then I have.

Financial Accounting has been on ‘T’ Accounts, balance sheet reconciliations and the construction of the cashflow statement from this. The tricks to this section are putting the transactions on the correct side of the ‘T’ account as well as the calculation of the Property, Plant & Equipment (PP&E), Accumulated Depreciation, and Gain/Loss on Sale of PP&E. I am putting a lot more time into this subject then Financial Management as it does require more preparation work for classes.

Work this week has involved more preparation of reporting then phone calls. My home office has been improved with my work being able to secure a sit stand desk for me. This has been supplied by a Kinaway member who has pivoted into a new business. Dreamtime Art has now established a new business venture, ‘Dreamtime Office‘. I also show off my mug designed by Ngarga Warendj or Dancing Wombat, as well as becoming more house proud I purchased a hand painted plate from BNYM Indigenous Designs.

My home office now comprises of

  • Sit Stand Desk
  • Office Chair
  • Laptop
  • Laptop platform/riser
  • Headset with audio and microphone
  • Second Monitor
  • Wireless mouse and keyboard
  • Powerbaord and multi function power adaptor
  • Whiteboard
  • Rechargeable batteries and charger.