The Accounts

The Official Student Publication of University of the Philippines- College of Management, Iloilo City

UP-Iloilo Outwits the WV Cluster in the 10th FINEX ICFC National Elims

From left to right: (Elevated) Leo Magsisi, Jacqueline Ong, Jay Ann Jumawan, Prof. Arthur Barrido, (Lower Line) Krystelle Bolivar and Jan Michael Saniel

University of the Philippines – Iloilo bested the Western Visayas group during the National Eliminations of the 10th FINEX (Financial Executives) Inter-Collegiate Finance Competition (ICFC) held simultaneously in 9 national sites last September 19, 2008.

UP-Iloilo team placed third in the national ranking after Ateneo de Manila University and University of the Philippines – Diliman tied at the top spot and De La Salle University – Manila placing second.

UP-Iloilo’s team is composed of Krystelle Bolivar, Jay Ann Jumawan, Leo Magsisi, Jacqueline Ong and Jan Michael Saniel, all of whom are fifth year BS in Accountancy students with Professor Arthur Barrido of the Accounting Department as coach.

Seven competing teams comprise the Western Visayas group, namely, Binalbagan Catholic College, Carlos Hilado Memorial State College, Central Philippine University, Colegio San Agustin – Bacolod, Fellowship Baptist College, University of St. La Salle, and University of the Philippines – Iloilo.

The 9 national venues are at Northern Luzon, Central and Southern Tagalog, four sites at the National Capital Region, Eastern Visayas, Western Visayas, and one in Mindanao.

The Western Visayas venue was held at Santuario de La Salle at the University of St. La Salle, Bacolod City.

Other schools qualified to the finals are San Sebastian College, St. Scholastica College, University of San Jose – Recoletos, De La Salle University – Dasmarinas, University of St. La Salle, University of San Carlos, Xavier University – Ateneo de Cagayan, University of Cebu – Lapu Lapu & Mandaue, Miriam College, Far Eastern University – Manila, Pamantasan ng Cabuyao, Foundation University, New Era University, University of Baguio, University of the Philippines Visayas – Cebu College, and Manuel S. Enverga University.

The best team in each national site is automatically qualified to the finals and the teams garnering the next top 11 points will complete the roster of the 20 best performing finance teams in the country to compete on October 13, 2008 at the Bangko Sentral ng Pilipinas for the National Final Round.

Four foreign schools are joining in this year’s ICFC, the National University of Singapore, Management University of Singapore, Assumption University of Thailand and Chulalongkorn University (Thailand).

The questions in the ICFC are based on the Chartered Financial Analyst (CFA) Level 1 body of knowledge.

ICFC is an annual event sponsored by the Financial Executives of the Philippines (FINEX) aimed to increase the student’s exposure to the global trends in finance.

Filed under: News, , ,

100 or More Big Heads

Eloisa Fe Lusotan

Artwork by: Eloisa Fe Lusotan

Imaginary Pedestal

I am lucky enough to be born in the ’87, be a part of those students who bear a prefix of 2004 in their student numbers, and be in the university just a year before graduating to experience the grandest event of the century – the UP Centennial celebrations.

Whatever circumstance that had brought me into this world, I still could not find a reason good enough to blame the fate that brought me here inasmuch as University of the Philippines is concerned. And while I, together with my publication staff, am discussing to write any column as a tribute to the university, I cannot think of anything to offer but myself. It might be a cliché, but I am just a small piece of grain in the universe of testimonies exclaiming how UP had taught me to experience dealing with life with zero investment but with just a thirst of learning. Putting altogether the isolated testimonies of all the “Iskolars ng Bayan”, we cannot defy the eminence of UP and we can at least justify what we brag of and what we are truly proud of.

Being a people’s scholar does not require us to belong in a particular stratum of the society. As the man who guards our gates stands naked, we too are empty when we first entered the university premises. Better are those who came from science high schools who learned finer knowledge in college algebra or advanced chemistry and afforded not to listen well in their professors during first year college, or cut classes at most. But the thirst of learning for more is the “invisible hand” that places all at equal footing as years pass by, differentiated only by the level of effort we have given up to get the level of excellence we desire to reach. This modified statement in effect does not only give us equal opportunities to learn and be accomplished, but as well give us the same propensities to fail.

It is only in UP where we are not reprimanded by the guidance counselors for not attending classes consecutively or rebutting the professors inside the class. This is not a “No ID, No Entry” school inasmuch as we are open to the community, implicitly explaining our convergence with the Filipino society through our service and interaction. And this is the only campus so profuse of personal stories that sometimes make us saturated of our own personal issues that it is not just enough to be emotional for it brings us no good at all. This is the very reason why we see thousands of students very determined to be closer to their dreams and finish off the rally victoriously. This is the same reason why sometimes it is heavy to look at both the professors’ and the students’ eyes because each one carries their own dreams in the expectation of reaching them in the very near term, after sacrificing years of being away from home or being away from the world their batchmates enjoy outside UP.

When we talk about failures and heartbreaking experiences, our life as “Iskolars ng Bayan” is not deemed complete when we haven’t experienced flanking our long exams, being caught brain-dead in the middle of the class, crying over our test papers when we haven’t reached our self-imposed standards, chasing after our Profs just to submit papers but failed to please them, getting unreasonable grades from self-proclaimed genius persons, being misunderstood by friends, consecutively skipping reasonable hours of rest, and taking exams with unresolved personal issues inside. The list is not exhaustive to enumerate all we get to experience to painstakingly attain the designation as a successful Iskolar ng Bayan.

Given all those things that we could be proud of, however, UP employs a unique system of scraping off our excesses to let us learn our shortfalls and mistakes primarily caused by our bloating heads. So this leads us to the fact that sometimes we have no right to question why we have stern professors, unbecoming classmates having diametrically opposite ideals, and conflicts of personalities with other persons around. This system nevertheless brings us to a challenging scenario where we squeeze all our wits to survive and be alive.

After all, it pays to substantiate what we are claiming. May the centennial celebrations will bring us all to a common place where we rekindle our true UP spirit: the spirit of excellence and critical-thinking.

Filed under: Columns, , , , , , ,

The Accounts Staffers Train PAES Pupils in Journalism

By Jan Michael Saniel

The Accounts is in the middle of the green fields.

In the pursuit of promoting value-laden press freedom, The Accounts held a workshop on campus journalism attended by the pupil writers of Pal-agon Amparo Elementary School, District of Pavia.

The workshop held last August 10, 2008 included a road show on editorial writing taught by Jan Michael Saniel (BSA V), copyreading and headline writing by Reishajan Caralde (BSA IV), feature writing by Donna Laguardia and Mia Lane Catalan (BSBA Marketing IV), editorial cartooning by Eloisa Fe Lusotan (BSA II), news writing by Marra Francillan Cordero (BSA II), sports writing by Dianne Capio (BSA V), Photojournalism by Jathniel Ellison Ong (BSA V), and Poetry by JunnieVee Hongco (BSBA Marketing IV).

The workshop was provided for in the expectation of honing promising writers first in their elementary years. It started with simultaneous lectures and activities in different categories of campus journalism. The pupils were critiqued after they were asked for their respective outputs namely write-ups, photo shoots and caricatures.

PAES is planning to start a school paper, entitled “The Greenfields,” depicting the fact that Barangays Amparo and Pal-agon are the only ones in the whole municipality not hosting any commercial establishment knowing that Pavia is the agro-industrial capital of Iloilo Province.

“It is my dream to start a school paper,” says Margarita Gopeteo, PAES Principal. “The Division office will only release the budget for publication if we really have one”, she justified.

The workshop was also held to prepare the pupil writers in their upcoming Schools Press Conference in the second congressional district of Iloilo to be held at New Lucena, Iloilo set by mid-August.

Neoly Barrido, the teacher-in-charge for school paper planning, said “We are happy to have your legacy in our school after you graduate.”

The Accounts has promised for a follow-up training on PAES writers until the school is ready to publish their own school paper.

Filed under: News, , , ,

When a Scholar Claims

by Jan Michael Saniel

I was checking the publication’s email address to look for articles submitted by my staffers only to find the flooding mails from online pharmacy, video professor, find-a-mate and other sites. And I wondered why showing that evil grin with a question “What did my predecessors do when we still have online connection in the office?” Aha, I just knew what they did the last time they use the publication equipment — or the pub’s account at least.

The reason why I was busy checking the online status of our publication is that we are launching The Accounts Online through the web, as a project for UP System’s centennial celebration. This is the alternative way, as the editorial staff agreed, to reach the College of Management students and the community if hard copies of the issues are not enough (as what always happen). This is also another way of keeping up with the trends of online surfing, though our publication has launched it a way later than when other organizations went online. If you ask me why, we might have hours of discussions to talk about. Better see me at our publication office, Second Level, College of Management Building.

What are the advantages of The Account’s online version anyway? Well, one is to give justice to those writers who at times are inspired of writing but are not given popularity (or other benefits) because we have not issued a tabloid or a magazine in due time. Another reason is to make The Accounts responsive to the issues that are affecting us, like bureaucracy not just in the University itself, but also in the government. What I mean of bureaucracy according to my own definition is the time it takes our letters of request to pass through channels from the college to the top level officials. When the approved letter is sent back, we are once again cramming in front of our textbooks for the exam. When we are free again, the response will also come later than what we have expected. It is just like a chasing game, a problem of timing and response rate. So instead of waiting for the certificate of press work commencement to be sent to us, we could post our articles in our site just in time to harvest the rewards of relevance and timeliness — and also to avoid the unnecessary talks against us.

I think by now you are questioning the credibility of the posts in the site. We guarantee that before articles are posted, they have been edited and approved by the staff and adviser. So we solicit your ideas, opinions, or any say on any issue we will be steering. This is not a publication of the few, but a publication for all.

We sincerely want you to reinvest your trust and support to the publication, setting aside the fact that it has been inactive for the past few months. We want our presence, as an important organization, to be recognized or be felt at least. Though we do not major in literature, journalism, or mass communications, The Accounts strongly believes that beyond our being business students, there is a creative, imaginative, and a strong voice inside us awaiting emancipation and expression. These are the versions of ourselves that are sometimes ignored because of the training we get before diving into the business world. We have these draining accounting works, marketing research, management feasibility papers and lots of case studies. Well, what distinguishes the people’s scholars from other students is that after all of these things, we still manage to excel in other areas of our life, like community involvement, fashion, and even in spirituality. Ooops, did I get spirituality right?

Some say that what separates private schools and other universities that try to compete with the University of the Philippines is that they have catechism classes, retreats, and religious guidance and other sorts of that thing. Well, as a response, please give me a chance to boast once again even just for this year of our centennial celebration. (Okay, I’m prepared.) Iskolars ng Bayan don’t need that thorough guidance because we don’t rest our salvation to the works of the teachers, the priests and their sisters, or to anyone else. We labor that hard for ourselves, because even a pastor’s kid cannot go to heaven resting to the fact that his father is a pastor. It is strictly personal, it’s not transmissible or cannot be delegated from anyone and I know we can handle that, or be liable personally without dragging others into our own hell.

Another stone that they throw us is that we are liberated and we lack control. But the fact is, they have just a limited field of vision. They have more of those kinds of person in their schools than we have here. In fact, most of the students are keeping up with a low profile for now in preparation for a prosperous future. Some may have no pair of shoes to wear while trudging the UP campus, some may have no allowance for a day, or some are answering a four-hour exam hungry aside from being sleepy. These are the truth our visitors can visibly see if they visit us. We have no masks to cover our faces; we don’t have to beautify our gardens and school grounds for an upcoming evaluation, or other things that are not uncommon with other schools. Admitting some of those accusations, the best defense we could throw back is that we are still different, because if some of us are really lacking control or are in fact liberated, we are still brainy aside from being promiscuous. And we have nothing to lose after all.

As a matter of fact, we are not completely lacking guidance. Our professors are injecting in our minds the importance or critical thinking and strong stand on an issue so that when outsiders ask us of something, we have something to say about. It’s a misnomer for an Iskolar ng Bayan to let go of any topic without a comment at all, unless it does not obviously deserve one. One concrete example is the political strings of thought told by Prof. Cainglet. Another is the enlightening stories of former college dean and Judge Amolar. These are but few of the instances where we are implicitly guided by our brilliant professors through the inserts they do in the middle of our classes that, in turn, develop our rational thinking.

So before I get lost in these discussions, I want to reroute back my thoughts to your investment — to the publication, to the college, and to the university as a whole. Remember always that a stone an outsider throws us hurts the rest of the Iskolars ng Bayan as well. Thanks to Prof. Torre for her insights while we have an auditing class. She said, “little knowledge is sometimes dangerous. It’s better that they have known nothing at all.” This is in relation to the accounting students who will practice auditing services this summer. (I impart you, in behalf of the publication, our firm desires that you do great there.) This is also in a more plausible relation to the fact that we must think on the margin — knowledge we acquired is not always nourishing our heads. So it is a choice of getting full information, or nothing at all, no other things in between.

Let’s just don’t give outsiders the reason to throw us another stone. Though we might have big heads this year, at least they don’t contain water.

Happy Centennial Celebration to all of us.

Filed under: Columns, Essay, , , ,

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