Archive for the ‘Opinions’ Category

‘N’ Level results: Tell some, don’t tell some?
I refer to the article “‘N’ Level results: 72.6% of NA students can move up to Sec 5” (Today, Dec 17). "N" Level candidates' statistics incomplete? According to the Ministry of Education’s (MOE) press release last year “Results of the 2011 Singapore-Cambridge General Certificate of Education (Ordinary Level) Examination”, “This...

What is real or unreal in accounting?
Or what is truth and fiction in accounting? SIA has booked a gain of $322m for selling its shares in Virgin Air for $439m. It bought the shares at a cost of $1.6b. I am a bit dull and think that this should be a loss of $1.161b! I am just being simple minded or ignorant of accounting practices and how profit and loss are computed. Yes,...
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