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Business ACCA V6, Global Body for Professional Accountants

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tzxsean
post May 12 2011, 02:01 AM

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QUOTE(elviratkh @ May 10 2011, 03:19 PM)
Can i know what am i suppose to expect during an assessment at PWC?  >.<  It's a test right?
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expect the unexpected? lol

make sure u can answer questions like these

where do u see urself in PWC in n years time?

give me reason why we should hire u

if u're talking bout employment interview?
tzxsean
post May 15 2011, 04:24 PM

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QUOTE(bilabu1314 @ May 14 2011, 09:05 PM)
Hi everyone, i just wanna ask, how many of you already been qualified as ACCA? means pass all the papers ady? What is your comment? and what is your advices to us. And most important, what is the average years old you all are?
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22 this year

going to take 3 this coming exam

and left 3 more for 2nd half of 2011
tzxsean
post May 23 2011, 10:57 PM

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QUOTE(yin93 @ May 23 2011, 09:07 PM)
Which route is better to ACCA? Diploma-degree- ACCA or CAT-ACCA?
After i graduated CAT can i do degree instead of ACCA?
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diploma -degree - acca ---> enjoy life + longer duration + expensive
CAT-ACCA ----> no assignment + short duration + cheaper + can do thesis to get Oxford Brooke University degree before P papers in ACCA
canot jump to degree from CAT ...
tzxsean
post May 24 2011, 02:19 AM

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QUOTE(YH90 @ May 24 2011, 01:07 AM)
CAT is equivalent to a 1st year degree. Check out the respective university requirements since I don't think all universities recognises it.
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at least in penang i dun think got college or uni recognise CAT student...

all i noe is if CAT students not able to pass ACCA

then they only have SPM cert can be recognised ...

btw sry...im quite outdated with the FIA thing

i transferred to ACCA from adv diploma
tzxsean
post Jun 9 2011, 08:41 PM

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f9 examined area

Q1) Investment Appraisal with inflation, Capital allowance + Working Capital
Perpetual Succession – PV of cash flows
Discussion whether 4 year evaluation period appropriate
3 ways to incorporate risk into investment appraisal

Q2) Calculate WACC before and after bond issued and comment findings
Factors that influence market value of traded bond
Evaluate director view that issue bond will reduce WACC and increase
market value of company

Q3) Ratio analysis- achieve maximising shareholders wealth or not
Dividend policy – pay or no pay under ratio analysis condition
Explain and discuss Equity finance and Sale & Leaseback to raise fund
Nature of Scrip Dividend and Adv & Disadv

Q4) Money Market vs Forward Contract
relationship between exchange rate with interest rate & inflation rate
Factors that influence formulation of Working Capital Policy
Inventory cost- savings from bulk purchase and early settlement

do u guys think theories more than calculation alot?

This post has been edited by tzxsean: Jun 9 2011, 08:42 PM
tzxsean
post Jun 12 2011, 11:18 PM

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P1 candidates remember bring calculator ya
tzxsean
post Jun 13 2011, 12:36 AM

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same here...hope David Campbell give us some mercy!
tzxsean
post Jun 13 2011, 07:11 PM

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P1

q1) internal control measure + explanation
Kohlberg 3 levels
AGM vs EGM
usefulness of EGM on whistleblower issue
CEO statement on EGM
roles of CEO
argue decision based on pristine capitalist perspective

q2) criticise about beliefs on risk assessment
TARA on risks
what are related risks? prove risks E&F as positive correlated

q3) did not attempt

q4) IFAC 5 ethical threats
explain some they arises due to excessive gifts and hospitality in the case
critics behaviour
explain how it conflict with duty of uphold public interest
what is insider trading?
why unethical/illegal
tzxsean
post Jun 13 2011, 07:37 PM

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P2 next!...shiat
tzxsean
post Jun 13 2011, 08:58 PM

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URGENT: ACCA P2 JUNE SITTING
26 May 2011

All those sitting Graham Holt’s P2 exam should note: IFRS 9 is examinable from June 2011.
All those sitting Graham Holt’s P2 exam should note: IFRS 9 is examinable from June 2011.
The examiner said at the conference that “Questions and answers will be based on IFRS 9 and not IAS 39, but we will accept IAS 39 answers unless IFRS 9 was specifically referred to within the scenario. However, because questions will be based on IFRS 9, the application of IAS 39 will be limited as regards financial assets. The main areas to be examined will be classification, the business model test, contractual terms of financial asset test, measurement, reclassification and embedded derivatives.”
Holt also told PQ magazine that the IFRS for SME standard may also be a full question or part of a question. This is what the examiner said on the standard: “The detail of IFRS for SMEs is a recent addition to the syllabus. The key areas to focus on will be: The definition of an SME, the key principles and rationale for IFR, topics omitted from IFRS for SMEs, types of simplifications, accounting treatments disallowed under IFRS for SMEs, specific recognition and measurement simplifications, and a summary of the IFRS for SMEs focusing on differences with full IFRS.”
There is some great stuff from the examiner on the ACCA website
tzxsean
post Jun 13 2011, 09:37 PM

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btw im not sure....

embedded derivatives = compound instrument = convertible bonds?
i duno wad is business model test...


tzxsean
post Jun 13 2011, 09:54 PM

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QUOTE(notmycupoftea @ Jun 13 2011, 09:53 PM)
in Joe Fang's revision notes:

Debt instrument:
i. Amortised Cost can only be used if qualify the following 2 conditions:

a. Business model test- entity intends to hold the debt instrument until it matures. There is no intention to sell off the instrument before maturity.
b. Cash flow characteristics test- the future cash flows derived from the instrument is limited to the principal amount of loan and interest on outstanding principal.
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okay

i understand tat

diff lecturer diff terms

hahah...


tzxsean
post Jun 14 2011, 09:25 PM

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p1 ...farking Q1 ...so unpredicted vmad.gif
tzxsean
post Jun 14 2011, 09:56 PM

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QUOTE(notmycupoftea @ Jun 14 2011, 09:53 PM)
p1? u mean p2?
i became more worried leh, those opentuition forumers said today p2 was a piece of cake
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yes i mean p2 sry

i doomed my question 1 totally

took 80% as controlling interest

foreign subsi i duno y i got bargain purchase

1a) and 1c)

i totally duno wad 2 answer ...

can I get 25 out of 50 there?


tzxsean
post Jun 14 2011, 10:29 PM

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QUOTE(notmycupoftea @ Jun 14 2011, 10:13 PM)
ya! 1a) i answered something, juz dunno the answer acceptable or not.
but the 1c) is really =.= i read the scenario 3 times also dunno where are the ethical issues

the worst is Q4, eventhough i studied IFRS 9 before exam, i forgot all the stuff i studied already T_T
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hope we can pass 2gether sad.gif
tzxsean
post Jun 14 2011, 10:56 PM

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QUOTE(notmycupoftea @ Jun 14 2011, 10:53 PM)
ya, i still have P3 tmr. how about you?
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p2 is the last one
had a bad ending to the exam doh.gif
tzxsean
post Jun 15 2011, 03:19 AM

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QUOTE(Irresistible @ Jun 15 2011, 12:22 AM)
Haneef  revision kits tips quite accurate.....
But, I don't remember a lot of things le... sad.gif
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yes...and many ppl did the almost identical question b4

heard from others and im one of the few who did not attempt tat question

bad luck? or im destined to fail this sitting? doh.gif
tzxsean
post Jun 15 2011, 01:02 PM

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gd luck and happy holiday in advance to F1/P3 takers

see you all soon in aug 22nd (judgment day)
tzxsean
post Jun 15 2011, 07:32 PM

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QUOTE(Xeniouz @ Jun 15 2011, 07:27 PM)
This sitting for P3 is a killer paper.. most probably have to resit  rclxub.gif
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i think my p2 gone oso
tzxsean
post Jun 15 2011, 08:02 PM

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QUOTE(notmycupoftea @ Jun 15 2011, 07:59 PM)
same. wanna cry now
all the stuff i studied b4 exam didnt come out!!! now heartache and headache

this sitting was very special.

P1 Q1 the whole scenario about a Car Company
P3 Q1 and Q4 about Car Companies too

the worst part was, the Q4 P3, the company's name also CAR

see "car" really want to vomit now sad.gif
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they eager to let us up car (naik kereta) doh.gif

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