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Business ACCA V6, Global Body for Professional Accountants

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semivalue
post May 5 2010, 06:58 PM

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QUOTE(reynna @ May 5 2010, 05:04 PM)
how much is the cost to take full course (14 papers) of ACCA in KL?
*
Well, inflation rate is unpredictable smile.gif


Added on May 5, 2010, 6:59 pm
QUOTE(elviratkh @ May 4 2010, 06:36 PM)
hi guys need to pick optional paper for next sem, can anyone share with me how is P4 and P6 syllabus like? smile.gif
*
P4 is just about hedging, cost of capital and options. However, P4 is quite technical, sometimes confusing and hard, and if you can't see the flow, it's quite hard to imagine that P4 is that narrow smile.gif

This post has been edited by semivalue: May 5 2010, 06:59 PM
starz92
post May 5 2010, 07:51 PM

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QUOTE(carlosandy @ May 5 2010, 01:29 PM)
ACCA/CAT is external exam, not college exam. College only provide tuition and assist student in registration process for exam. College don't have rights to ask student complusory go for LAN. Even they said LAN is compulsory for their college student, but if you didn't sign up LAN, they also don't have any rights to stop you take ACCA/CAT exam.
*
well,i am in a college in penang.they say if i didn't take or fail the LAN papers i wouldn't receive my CAT/ACCA cert?
If really don't need to take LAN subjects,i would quit that pengajian malaysia class now....

This post has been edited by starz92: May 5 2010, 07:53 PM
carlosandy
post May 5 2010, 10:21 PM

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QUOTE(starz92 @ May 5 2010, 07:51 PM)
well,i am in a college in penang.they say if i didn't take or fail the LAN papers i wouldn't receive my CAT/ACCA cert?
If really don't need to take LAN subjects,i would quit that pengajian malaysia class now....
*
Don't worry, College don't have any rights to stop ACCA sending CAT/ACCA cert to you.
starz92
post May 5 2010, 11:08 PM

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QUOTE(carlosandy @ May 5 2010, 10:21 PM)
Don't worry, College don't have any rights to stop ACCA sending CAT/ACCA cert to you.
*
ok,thanks.so most of you here didn't take the LAN subs huh?
francisbacon7
post May 6 2010, 12:02 AM

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[quote=carlosandy,May 5 2010, 09:15 AM]
They suddenly stop it without good reason, your should write in to complaint.


Added on May 5, 2010, 9:19 am


Gosh!how can they do that?!!
shakehead.gif shakehead.gif shakehead.gif
~Mew~
post May 6 2010, 08:46 AM

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QUOTE(starz92 @ May 5 2010, 07:51 PM)
well,i am in a college in penang.they say if i didn't take or fail the LAN papers i wouldn't receive my CAT/ACCA cert?
If really don't need to take LAN subjects,i would quit that pengajian malaysia class now....
*
You're located in PTPL ? They always tell student that LAN subject is compulsory. I took Malaysian studies but i didnt take moral cause i realized its not right. LAN subject has nothing to do with ACCA.
starz92
post May 6 2010, 08:49 AM

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QUOTE(~Mew~ @ May 6 2010, 08:46 AM)
You're located in PTPL ? They always tell student that LAN subject is compulsory. I took Malaysian studies but i didnt take moral cause i realized its not right. LAN subject has nothing to do with ACCA.
*
er..sentral actually.
haiz..i attended 3 class of that pengajian malaysia already.but haven't pay yet...if i quit now don't know can or not..lols.
~Mew~
post May 6 2010, 10:01 AM

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QUOTE(starz92 @ May 6 2010, 08:49 AM)
er..sentral actually.
haiz..i attended 3 class of that pengajian malaysia already.but haven't pay yet...if i quit now don't know can or not..lols.
*
Im from sentral too. They didnt tell me to take pengajian malaysia. I took it in PTPL which is a waste of money time and resources of your brain laugh.gif doh.gif UGPM brows.gif
ThanatosSwiftfire
post May 6 2010, 10:30 AM

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P4 is the most entertaining paper I've been through in ACCA. Actually needs me to think, compared to the other papers which seemed more of regurgitation. -___-

I like P4, and I identify myself with anyone who likes P4 and is able to amaze me with their understanding of the numbers and their different thought processes.


carlosandy
post May 6 2010, 10:41 AM

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QUOTE(starz92 @ May 5 2010, 11:08 PM)
ok,thanks.so most of you here didn't take the LAN subs huh?
*
I never take any LAN subject since 1st day I study ACCA. I already passed all the 14 papers and get the member cert already. So don't worry.
starz92
post May 6 2010, 10:50 AM

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k,thanks.i will speak to the program coordinator this monday and discuss bout it.really thanks a lot.
ck23
post May 6 2010, 08:07 PM

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im thinking to take P4 P6 in Dec 2010, is Sunway lecturer good? (cuz im sunway student)
As I can see in the first page, there is no recommended lecturer from Sunway.

And.... is P4 really tough?


yingying_89
post May 6 2010, 09:08 PM

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P5 P6 P7
Which paper is more useful ? smile.gif
ThanatosSwiftfire
post May 6 2010, 09:39 PM

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QUOTE(ck23 @ May 6 2010, 08:07 PM)
im thinking to take P4 P6 in Dec 2010, is Sunway lecturer good? (cuz im sunway student)
As I can see in the first page, there is no recommended lecturer from Sunway.

And.... is P4 really tough?
*
Tough if u don't know what you're doing =D
Fun if u do!


QUOTE(yingying_89 @ May 6 2010, 09:08 PM)
P5 P6 P7
Which paper is more useful ? smile.gif
*
Tax, duh. In any accountancy course the most practical subject is always tax.
Topace111
post May 6 2010, 10:59 PM

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QUOTE(ThanatosSwiftfire @ May 6 2010, 10:30 AM)
P4 is the most entertaining paper I've been through in ACCA. Actually needs me to think, compared to the other papers which seemed more of regurgitation. -___-

I like P4, and I identify myself with anyone who likes P4 and is able to amaze me with their understanding of the numbers and their different thought processes.
*
yeah I like finance too, hence I ignore the dreadful pass rates and take it anyway. No concrete answer, anything is acceptable. Too bad in the wrong field right now biggrin.gif


Added on May 6, 2010, 11:04 pm
QUOTE(yingying_89 @ May 6 2010, 09:08 PM)
P5 P6 P7
Which paper is more useful ? smile.gif
*
Tax is very useful as an add-on knowledge. Means you have accounting + tax or finance + tax knowledge you are unstoppable. Everyone will agree tax is actually the hardest paper to digest. Especially without books for reference cos i real life they can & will refer.

P5 is very specific and if you are not into manufacturing hardly use it, i met some cost accountants in factory and if you knew how to cut cost then its quite good. Costing is opposite to accounting. Audit rclxub.gif rclxub.gif , strictly cannot and do not want to comment.

This post has been edited by Topace111: May 6 2010, 11:04 PM
88XAVIERX88
post May 7 2010, 08:11 PM

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QUOTE(carlosandy @ May 5 2010, 10:21 PM)
Don't worry, College don't have any rights to stop ACCA sending CAT/ACCA cert to you.
*
Thanks. then i'll just ignore them. ^^

Waste of time. need to do presentation and all. and study those nonscence facts.

coz all my friends here keep on saying it's compulsary. but after doing some googling, i realised that the consequences of not doing LAN does not affect ACCA student coz it's external.

Sunway called and they said that people from the gahmen will check. but i think they can't do nything oso. LOL


Added on May 7, 2010, 8:28 pmcan someone explain how working life at big 4 is?

coz most forum only say that it's a very very stressed work place. not fit for human. but occasionally u have someone saying it's not entirely true. there's lots of pathway within big 4 bla bla bla.

but no one explain in detail what those other things are.

i think there's a lot of ACCA students who would like to know the future career path from someone who has worked b4.

can someone just brief about working life after ACCA? what next? i know some seniors doing CIA or ICAEW after their ACCA. are those necesary? will ACCA alone be enough to move you up the corporate ladder?

also what can graduate expect from working at big 4? coz i heard there's also consulting but not much is explained about it. it would be great to have insiders view.

lecturers also gave a very negative perspective about working at big 4. most complain about the strees and OT.

oh yea, i would like to know the pay scale as well. on average how much will employees get when they get promoted to each higher level and how long does it usually take to reach those rank. there's one statistic i saw at accountant key web site. but that's for singapore and UK. not malaysia.

what does it take to reach partner level? LOL this is kinda irrelevant now but it's nice to have some perspective about it.

BTW do we need to join clubs or societies to get a job?? coz i've been told that in order to get jobs these days, you need to be all rounded. does it really matter for acca graduate? extracuricular activity vs high marks. which one employer look for? and does those activity matter at all in the first place?

This post has been edited by 88XAVIERX88: May 7 2010, 08:30 PM
reynna
post May 8 2010, 12:53 AM

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QUOTE(semivalue @ May 5 2010, 06:58 PM)
Well, inflation rate is unpredictable smile.gif

average will be around what price?
RM25k (14 papers) for full cost or less than that?

Topace111
post May 8 2010, 11:56 AM

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QUOTE(88XAVIERX88 @ May 7 2010, 08:11 PM)
Thanks. then i'll just ignore them. ^^

Waste of time. need to do presentation and all. and study those nonscence facts.

coz all my friends here keep on saying it's compulsary. but after doing some googling, i realised that the consequences of not doing LAN does not affect ACCA student coz it's external.

Sunway called and they said that people from the gahmen will check. but i think they can't do nything oso. LOL


Added on May 7, 2010, 8:28 pmcan someone explain how working life at big 4 is?

coz most forum only say that it's a very very stressed work place. not fit for human. but occasionally u have someone saying it's not entirely true. there's lots of pathway within big 4 bla bla bla.

but no one explain in detail what those other things are.

i think there's a lot of ACCA students who would like to know the future career path from someone who has worked b4.

can someone just brief about working life after ACCA? what next? i know some seniors doing CIA or ICAEW after their ACCA. are those necesary? will ACCA alone be enough to move you up the corporate ladder?

also what can graduate expect from working at big 4? coz i heard there's also consulting but not much is explained about it. it would be great to have insiders view.

lecturers also gave a very negative perspective about working at big 4. most complain about the strees and OT.

oh yea, i would like to know the pay scale as well. on average how much will employees get when they get promoted to each higher level and how long does it usually take to reach those rank. there's one statistic i saw at accountant key web site. but that's for singapore and UK. not malaysia.

what does it take to reach partner level? LOL this is kinda irrelevant now but it's nice to have some perspective about it.

BTW do we need to join clubs or societies to get a job?? coz i've been told that in order to get jobs these days, you need to be all rounded. does it really matter for acca graduate? extracuricular activity vs high marks. which one employer look for? and does those activity matter at all in the first place?
*
I can give view from one of the big4 if you are interested.

Big 4 is project orientated or deadline some called it.
If no project then your life is like any other normal workers, go back at 6, no stress, .... that kind of thing.
If project comes and got deadline you need to meet it no matter what. Even sick also need to stick to it. I got one time outstation and sick for the whole week but still need to finish the job. In easy words you need commitment. You gotta finish what you started.

Next is the dreadful working hours.
In Big4 there is a lot of multi layered structure, there is small, medium and large team and super team.
The last team is all those horrible news you heard about nightmares in big 4 like staying late, work like hell sort of thing. These team learned the most and gain respect from other teammates whenever they go to office from field client. Normally reserved for those dying to learn and ambitious people. if not you can request to join smaller teams for less harder portfolios.

Your lecturers are right, I have been working non stop even on weekends (9am to 1am) from early march until today. Today mark my first day off apart from labour day. And there is no OT pay. No time for personal leisure too. My close colleagues share my view too biggrin.gif (most from sunway anyway).

You join big4 not bcos of salary but for the experience. I can assure you we are paid worse than DBKL workers for pay per hour rate. But experience gained is invaluable. I learned things at a very rapid rate, cos when auditing, the finance manager approach me and said I can handle things even her 2 year assistant cannot do. So in the end it depends how much you can take from it.

Job very much depends, some will need to wait for a while before given a file to handle all by themselves. Means you do the audit for the whole company instead of just class of accounts. These are the reason given by some that Big4 cannot provide these chances to learn cos very specific. Quite true but its just timing cos sooner or later you will given maybe slightly years. I am blessed with good team, so they just give me and other juniors the chance to handle all by ourselves even when less than half a year. Or forced to cos half my team left by then.

People leaving ib Big4 is legendary. And you always need to be constantly ready to take over their work. So you are basicly doing 2 to 3 person workload at the same time. Imagine a whole team just left........

Partner level .......... you can if you are willing to work late every night (sometimes weekend) for 15 to 20 years then possible lo (in Big4 at least). And you must have ICAEW and approval from other partners.

For big4 they are not that picky but extra activities comes with bonus compared to those who dont.
For MNC, they do prefer all rounded and acca comes slightly less appealing cos too narrow and no clubs participation. But with proper working experience, that short handedness can be eliminated.

Just 2 criteria to be successful.
You need to be booksmart (IQ) and streetsmart (EQ).

Adios peeps, off for my first weekend outing biggrin.gif
starz92
post May 8 2010, 12:14 PM

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QUOTE(Topace111 @ May 8 2010, 11:56 AM)
I can give view from one of the big4 if you are interested.

Big 4 is project orientated or deadline some called it.
If no project then your life is like any other normal workers, go back at 6, no stress, .... that kind of thing.
If project comes and got deadline you need to meet it no matter what. Even sick also need to stick to it. I got one time outstation and sick for the whole week but still need to finish the job. In easy words you need commitment. You gotta finish what you started.

Next is the dreadful working hours.
In Big4 there is a lot of multi layered structure, there is small, medium and large team and super team.
The last team is all those horrible news you heard about nightmares in big 4 like staying late, work like hell sort of thing. These team learned the most and gain respect from other teammates whenever they go to office from field client. Normally reserved for those dying to learn and ambitious people. if not you can request to join smaller teams for less harder portfolios.

Your lecturers are right, I have been working non stop even on weekends (9am to 1am) from early march until today. Today mark my first day off apart from labour day. And there is no OT pay. No time for personal leisure too. My close colleagues share my view too  biggrin.gif  (most from sunway anyway).

You join big4 not bcos of salary but for the experience. I can assure you we are paid worse than DBKL workers for pay per hour rate. But experience gained is invaluable. I learned things at a very rapid rate, cos when auditing, the finance manager approach me and said I can handle things even her 2 year assistant cannot do. So in the end it depends how much you can take from it.

Job very much depends, some will need to wait for a while before given a file to handle all by themselves. Means you do the audit for the whole company instead of just class of accounts. These are the reason given by some that Big4 cannot provide these chances to learn cos very specific. Quite true but its just timing cos sooner or later you will given maybe slightly years. I am blessed with good team, so they just give me and other juniors the chance to handle all by ourselves even when less than half a year. Or forced to cos half my team left by then.

People leaving ib Big4 is legendary. And you always need to be constantly ready to take over their work. So you are basicly doing 2 to 3 person workload at the same time. Imagine a whole team just left........

Partner level .......... you can if you are willing to work late every night (sometimes weekend) for 15 to 20 years then possible lo (in Big4 at least). And you must have ICAEW and approval from other partners.

For big4 they are not that picky but extra activities comes with bonus compared to those who dont.
For MNC, they do prefer all rounded and acca comes slightly less appealing cos too narrow and no clubs participation. But with proper working experience, that short handedness can be eliminated.

Just 2 criteria to be successful.
You need to be booksmart (IQ) and streetsmart (EQ).

Adios peeps, off for my first weekend outing  biggrin.gif
*
Thanks topace,for giving us again the insider view of experience in big4.
Happy Outing and have fun.
semivalue
post May 8 2010, 10:11 PM

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QUOTE(reynna @ May 8 2010, 12:53 AM)
average will be around what price?
RM25k (14 papers) for full cost or less than that?
*
Tuition course, around RM700 to RM1,200 per subject (depends on the stage and also the quality of the lecturer)

Examination fees, round up figures - 60 to 80 pounds (depends on the stage), and it is subject to inflation almost every sitting! Fail once, resit again.

OBU degree, optional. Market price for this cert, depends.

Taps your calculator, you got the figure.

And nope. Usually no PTPTN loan for this (Hopefully nobody will ever ask about PTPTN on ACCA tuition course again in this thread later), except for TARC full course.

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