ACCA V6. This thread is meant for

*Strictly on serious talk regarding ACCA/CAT tuition providers
*comment on lecturers
*exam/study tips



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1) Previous thread to refer: ACCA V4
http://forum.lowyat.net/index.php?showtopic=116302&st=2600

Previous thread to refer: ACCA V5
http://forum.lowyat.net/topic/987309

2) Toughest ACCA Paper, Vote For The Most Challenging ACCA Paper
http://forum.lowyat.net/index.php?showtopi...9&#entry9571649

3) ACCA Textbook,Revision Kits and Passcards by FTMS
http://my.ftmsglobal.com/downloads_enrolme...alOrderForm.pdf

4) Coolly's personally opinion on paper 3.5 and 3.7 in FTMS ( newly added )
http://forum.lowyat.net/topic/379762/+340# (Post 359)

1) ACCA Official Website:
http://www.accaglobal.com
2) ACCA 2007 New Syllabus Info
http://www.accaglobal.com/horizon/

3) Lowyat ACCA/CAT's chat
http://forum.lowyat.net/index.php?showtopic=362089

4) Lowyat Auditor Yam Cha Section
http://forum.lowyat.net/index.php?act=ST&f=23&t=331577

5) FTMS Website
http://my.accaglobal.com

6) Orange International College (formerly McOrange) (OIC or McO)
http://www.oic.edu.my/professional.html#acca

7) Kasturi Website (KSA)
http://www.ksacitycampus.com/

8) Global tuition providers
http://www.accaglobal.com/students/study_e...tion/providers/

9) Approved textbook publishers
http://www.accaglobal.com/students/publications/publishers

10) PAAC Home Study Programme(newly added)
http://www.paac.edu.my/Home%20Study%20Plan...d%20061206).pdf

11) Kolej Bandar Website (KB)
http://www.calow.biz/

thumbup.gif Recommended Lecturers thumbup.gif

Understand there are many people looking for part time course to pass their acca soonest possible and the followings are a few lectures recommended by people who had passed thier ACCA paper

The following recommended lecturers are based on individual's personal opinion...please use it at your own risk... laugh.gif

Note:The number shown in () refers to the relevant old syllabus paper.

Fundamentals Level - Knowledge module (F1-F3)

F1 Accountant in Business AB(1.3)
Chang Shew Leng (KSA)

F2 Management Accounting MA(1.2)
Low Chin Ann (KB)
Miss Sunita (PAAC)

F3 Financial Accounting FA(1.1)
Yap Kok Wah (KB)
Miss Sunita (PAAC)


Fundamentals Level - Skills module (F4-F9)

F4 Corporate and Business Law CL(2.2)
Viknes (KBandar)

F5 Performance Management PM(N/A)
Ian Lim (McO/OIC)
Andrew Pang (KSA)

F6 Taxation TX (2.3)
Alan Yeo (KSA)
Low Chin Ann (KB)
Wong Paik Wan (McO)
Siva Nair (FTMS)
Choong Kwai Fatt (Segi) (Revision class only)

F7 Financial Reporting FR(2.5)
Haneef (McO)
Joe Fang (KSA)

F8 Audit and Assurance AA(2.6)
Sheila (McO)
Philip Woo (KSA)
Low Chin Ann (KB)
Fung Chee Kong (FTMS) ( RI Only )

F9 Financial Management FM(2.4)
Daniel Ho (FTMS)
Andrew Pang (KSA)
Steve Lumby (McO) *RI only

Professional Level - Essentials (P1-P3)

P1 Professional Accountant(N/A)
Sheila (McO)
Philip Woo (KSA)

P2 Corporate Reporting CR(3.6)
Haneef (McO)
Ms Menon (Sunway)
Joe Fang (KSA)

P3 Business Analysis BA(3.5)
Michael (McO - Revision only))
Parminder (KSA)
Wong Siew Choo (FTMS)
Martin (FTMS) *Revision only
Phillip Woo (Revision only)

Professional Level - Options (P4-P7)

P4 Advanced Financial Management AFM(3.7)
Daniel Ho (FTMS) (of an uncertain future...)
Andrew Pang (KSA)
Mr Chan (OIC)

P5 Advanced Performance Management APM(3.3)
Andrew Pang (KSA)
Chow Kim Tai (OIC/McO)

P6 Advanced Taxation ATX(3.2)
Chow Chee Yan (McO) Revision only
Low Chin Ann (KB)
Chong Kwai Fatt (Segi)(maybe yes maybe no lah)

P7 Advanced Audit and Assurance AAA(3.1)
Fung Chee Kong (FTMS)
Jackson (KSA)
Sheila (McO) (revision only)b

I am looking for this sitting Term 1 notes from Mr Ian Lim F9. Please contact me if you happen to be one of them thank you.

ACCA, now with V6 engine

Yeah, Start with v6.

Haha, just read old v5, know the info from Coolly, Dr Choong Kwai Fatt might consider conduct IRC is got demand. So any P6 friends dun miss this good chance, just inform Coolly or direct email to ask Kwai Fatt (kwaifatt@yahoo.com)

Hope he really back to run P6 IRC.

why have many version d ? anyone know is it Marcus Ong good ?

anybody have revision kit for p2? please pm me yea

how come nobody is mentioning P6 Siva Nair??? he is the marker for P6 wor..but seems to be here nobody knows about him.. have i attended the wrong class

According to somebody, he is ok ok for P6 la, but if Kwai Fatt really run revision class this seating, then it is recommend to go.

Last yr Oct, when I attend Kwai Fatt's Budget 2010 seminar, I asked him when want to come back to run P6 class. He told me teach P6 very difficult, not much market currently. I think may be he want demand from student, then baru consider la. Since now Coolly ask on behalf of him, I think the chance he come back will be high if really got demand. So all P6 student, email him to ask him la, haha~!

hi
Anyone who took P2 Int or MYS exam b4?
Which one paper is easy answer?
Of course i think all Malaysian take P2 MYS exam, rite?

TQ

I took F7 Int variance. Therefore, i think my P2 will be Int variance too.

Actually there may just be 5% difference between them

I'm not sure whether I should laugh or cry at this.
Most M'sians I know take INT papers. Very few take MYS variants, and differences are minimal to say the least.

Easy papers? Seriously? You came to the wrong qualification lol.

I took P2 INT. It doesnt matter which variant you took,both also difficult or else it wont be called ACCA.
INT variant requires more knowledge on goodwill as it involves full goodwill. MYS only test on partial goodwill but still you hav to know full and partial in future,so why not you take P2 INT..it is just a matter of timing.
And in my opinion,when you are looking for a job,INT variant is more preferable than MYS variant if u wish to work in MNC companies..
I hope this is correct,if any of you don't agree,pls correct me..

Hi,

I've got a few questions.
Anyone studied in Kolej Poly-Tech MARA Kuala Lumpur before?
Is it only for Bumiputras?
How are the lecturers there?

Wondering, what does the ACCA examination certificate looks like ?
If not mistaken, if haven't yet completed the 3 years experience, then certificate will only show that the candidate has completed the course, but no signature, is it true ?

Not everybody who studies acca goes lyn what. Its not that nobody here does not know him just that nothing much to talked about. What you want to know or confirmed ?

---

Added on March 1, 2010, 9:31 pmPut it frankly, if you really want to do acca, I will give that place a "qualified opinion".

This post has been edited by Topace111: Mar 1 2010, 09:31 PM

anybody have joe fang F7 note? pls borrow me or sell to me...

i like to ask the NCI for consol is how to calculate?

true..haha ..ok

I would suggest laugh to cry approach. + .
Bad thing is whenever I said IAS, my seniors will correct me, its FRS. Kinda funny really since its almost the same thing.

If your lecturer is Richard Thornton, then different story. Unfortunately, I think he is restricted to conduct classes for P6.

hi there, i'm a spm leaver and currently having dilemma between ACCA and accounting degree, i know my ques isn't related but i hope u guys can help to clear my doubts..
When you have ACCA qualifications, can you do something more than just accountants, auditors ? what i mean is, is it possible to opt for posts like Accounts Manager, Finance Manager, kinda like manager level post..Or having a degree is a must for these posts?

There is plenty of accountant out there : accounts exec, accounts officer, assitant accountant,..... Any tom,d*** or harry can become one as long as they understand debit & credit.
Chartered accountant will be lesser.
They need to be certified under a professional body, namely MIA in Malaysia.
To do that, you can :
1) Study degree for 4 years, work for 3 years minimum to 5 to 6 years since MIA can easily extend your experience recognition if they felt you are not working enough. Then take MIA exam for around 1 year. Then you become a certified accountant.

2) Take ACCA for 3 years, work for 3 years (if work with platinum employers like Big4 & MNC) its 3 years but with other companies may take more that cos a lot of performance achievement to met. Then ACCA recognise you and MIA will also recognise you and the same time since ACCA is more prestigious. Can become chartered accountant around age 24 or 25.

Maybe parents and most people that have not "worked" in commercial world will tell you degree is the most important but it is not that case in accounting, especially accounting. Technically I think you have misuderstood acca for accounting. ACCA comprised of other areas but accounting is just the core. Got other areas as well.

If your main concern is job opportunities, then my advice to you is:
1) Since you have nothing to do until SPM result, buy all the newpapers you can find everyday.
2) Check the column for job ads.
3) Check for requirement for financial related jobs.
4) You will probably see the line of "Minimum degree or professional qualification" sometimes just prof qual.
5) That is referring to acca,cima or icaew, or cpa,......
6) Then maybe you will see something like "Preferred working experience in Big4" or something.

If you want to graduate before everyone else and work like a whore in a big company, why not choose ACCA . Straight passport to misery. I will prefer degree if I had known.

And if you dont mind working until this hour everyday, then welcome to my world

This post has been edited by Topace111: Mar 2 2010, 01:24 AM

+1 Nicely said..

You could also take it a bit slow ^^
Get a degree first and then go for ACCA,CIMA,ICAEW etc with exemptions from your degree

HI anyone taking F8 Sheila and F9 Ian Lim full time class here?

eh why all seniors that have graduated now advising spm leavers to take degree rather than ACCA .... working life that bad ?

btw topace , wats this

(if work with platinum employers like Big4 & MNC) its 3 years but with other companies may take more that cos a lot of performance achievement to met.

I thought working in a field that is related to accounting is ok adi haha .
so u mean other smaller or medium firms , u need to work >3 yrs to be recognised ?

anybody know where is daniel ho(p4) teaching now?any other place except taylors?

ok, i will let him know that he is in demand..sure very happy to see that...hehe..siva is ok as well..so no worry patricia...

just i think kwai fatt wish to help those who fail p6, that's y considering to organise the revision to guide them...somemore this is last round of richard become examiner right?

That is the part why everyone flocks to Big4 even they know it’s a place that kills you softly.
ACCA does give out platinum, gold,……. For employers. So those with gold/ platinum especially platinum will get the minimum 3 years recognition cos the firm/company itself will assess your own performance (stricter than acca). Any training under platinum employers will be considered as CPD. If not you have to fork out hundreds of ringgit just to attend one session acca provided at those conventions.

Like studying, working also got their own ranking system. I met some working outside in small or medium firm told me its hard to fulfill all the PER which is why going beyond 3 years for recognition is quite common. ACCA say must have AT LEAST 3 years to get recognized. They never said anything 3 years get already.

Then why do you think everyone is rushing for a job that needs to work to midnight everyday, underpaid, no OT, sometimes get harassment from client, fast paced + steep learning curve,……. Client based job is quite stressful, need to fulfill your superior expectation and client which is always conflict. Sometimes depend on your luck also but generally audit firm especially big4 is quite a hell. Sometimes there is even another layer of hell within big4 too so its like a hell within a hell. Depends on your luck lo.

Anybody here wants to sell their all p5 notes? last sitting one also can, please pm me

haha...working is hell even in Big 4?others audit company also like that?
How long u have to work everyday?12?

Fine. i want to follow guys to take P2 INT la.
For outstanding students, of course they think papers r easy. hehehe
How about P6 & P7?? They follow INT too??

Cannot stand with mr G in Sunway. What a crappy teaching style. Bad accent! Poor presentation skill. Which lecturer is better in kasturi for p1? Marcus?Phillip or parmingdar??

P6 has no INT variance. Most likely you will choose either UK/MYS variance but if you choose UK Variance, there's nobody to teach you in Malaysia, i think

Let's say u would like to take up managerial positions in the future, is ACCA enough for those ?

If you want to take a managerial position in the future it is better that you go for CIMA in my opinion ^^

Technically manager dont need any qualification. Any tom d*** and harry can become one as long as you know how to manage people. Why not take degree in management or MBA, I am sure there are plenty of college or university offering such courses. Why bother doing mundane subjects like accounting right ? Managers earn much much more too.

A degree then ACCA means one have to go for foundation/form6/A-level-->degree-->ACCA?
How long would it usually takes for a degree then ACCA route?

Yes..

I'd like to get into the accounting field, dat's it =)

FTMS Hong Kong

Official 12, unofficial anytime lo. Got 3,4,5 and 6 before. That is peak period but my team is always peak. No difference lo

i'm wondering if anyone here worked in deloitte in assurance line b4? Why like totally no news from the people working there one especially this line.

anyone know where is good for F8 and P1?

P1 in my opinion, Parminder Singh from Kasturi is good.Although I have only attended his class once,but his first impression for me throughout the whole class is good.
F8 i'm not sure.

will it be too late to join the class now? actually i am planning to do F8 in Mc Orange but i will miss some classes...scare it will affect my studies towards the exam, what do u think?

You might miss a few chapters then..but I guess nothing is too late if you tried..In order to be succesful,you need to sacrificed.. In my opinion, you just have to try harder than anyone else..but then is still up to you to decide ..is just my opinion..

You can consider Philip Woo (KSA) or Sheila (MCO) for both F8 & P1. Currently they are the most demand lecturer in KL for F8 & P1.

Philip is most favourable in KSA. Parmindar is okay la.

i nid some info about P4 and P5 oso... any recommendation on the tuition provider on these 2 papers? and wanna know how many here have failed these papers as well

i was under philip woo last sem(pass my audit, YAY!), and yea he is a very good lecturer in the sense he made you understand all the audit concept in a very practical and logical way, although sometimes he tell too much story but it's still boleh tahan la.

I recommend his way of teaching students how to approach the exam questions(definitely learn his technique to answer question then you can answer any questions) He doesn't really make you memorize things but he make you think what is RIGHT to write in exam.

However philip woo has his cons as well, which is he select topic when he comes to teaching, like if he feels that a particular topic would not come out, although it came out in the end!(thank god i covered all topics) LOL! He would skip it. And his tips are not reliable(then again, we are not suppose to rely on tips). So yea. That's what i can say about Philip woo.

wah,everyday work till at least 12?How was the salary?

Just asking, can ACCA student apply for PTPTN?

Thanks in advance.

PTPTN does not recognize professional papers such as CIMA/ACCA/CAT hence ACCA student can't apply for PTPTN.
I not sure whether there will be an exception with the TARC(heard some rumours saying that TARC ACCA can apply for PTPTN)

have informed CKF that he is still in demand..so he will consider to conduct the class..but he just worry only 10 students attended?hehe

Tuition fees can borrow from PTPTN
But not your ACCA fees

Sure?

Why nobody tells me that?
%&^%#@!$

I now doing ACCA skill papers now, can borrow PTPTN halfway?

My reply is to the gentlemen's question regarding on obtaining PTPTN loan in TARC
If you're doing outside, whatever it is, Sunway, KSA, OIC, Taylors etc... Sorry, no. This is because TARC programme is actually the Advanced Diploma cum ACCA. Meaning to say that, the Advanced Diploma is using ACCA syllabus. So, TARC students can obtain loan for the Advanced Diploma

I see, no luck for me then

anybody wants to sell the p5 notes and textbook kindly pm me... plsssss

Aya, tell him sure got more than 200 students if he run IRC la. Ayo, everybody Kwai Fatt famous in tax la, how can only 10 students?

This post has been edited by carlosandy: Mar 4 2010, 04:32 PM

i'm now waiting for spm result..

i saw some different between tarc n other college..

i interested in CIMA,

tarc provide, diploma> advance diploma > cima
other college provide, diploma> degree> cima

wat is d different between degree holder n advance diploma holder?

n which type better?

Degree will be better compared to advanced diploma.Although it is called advanced diploma,most employee will threat it as diploma.I heard cases that a degree holder getting higher paid then advanced diploma holder.(both being fresh graduates)

he might hav fantastic knowledge in tax but is he that fantastic as well in transferring his knowledge to his students? I've been wondering this for a while ... haha. Any former students of ckf here? How is he so superior over the other p6 lecturers??

so tarc got provide degree for accounting????

or just advance diploma?

I think for degree in accounting u have to go to UTAR(not quite sure whether TARC offer degree or not).U can always check TARC website though.

okay..

1 more thing..

i saw tarc have provide 3 month to uk.. wat is it?? wat cert can we get if we go uk?

3 months to go UK to top up your Adv Dip to degree + tour in UK.
Anywya, you've asked questions which are irrelevant to ACCA
YOu can always try to find TARC thread and ask at there
They can provide you a better answer

I'm his 2.3(IRC) & 3.2 student.

His teaching technique are 1/2 exam + 1/2 practice, means that he will share a lot of actual practice thing with student. His exam technique is very good, make student know step by step to answer question. Student no need to prepare anything if study under him, cos he always prepare a lot of study material for student.

One more thing was he always provide some drink and food in morning and afternoon for tea break. This is only the revsion class got tea time in KL.

This post has been edited by carlosandy: Mar 5 2010, 10:30 AM

in Dec 2009 sitting, F5 get 84% got chance 2 get malaysia prize?

Doubt so

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Added on March 5, 2010, 6:14 pmBtw,

I think the recommended lecturer list is a little obsolete,

Like I was under Ms Pushpa for F4 in Sunway and I believe she taught very well, and she is a very experienced lecturer as well, maybe we should add her up on the front page.

This post has been edited by karhoe: Mar 5 2010, 06:14 PM

Found some students who always find difficulties in P3 and failed. Good news for them. Found this on Inti's website.

ACCA P3 IPS 6 sessions (RM450)- Michael Mainwaring.

Features of Intensive Practice Session (IPS)
1. 6 sessions of discussion on areas that most students find difficulties.
2. Focus on exam key areas.
3. Practice questions and discuss on how to gain marks.
4. IPS notes.
5. BPP revision kits.
6. One test and One mock exam. All answer scripts will be marked.


Who should attend?
1. For those students who had attended exam before and failed.
2. For those students who have knowledge on the subject but do not know how to use exam technique to gain marks.
3. For those students who do not want to attend any more classes but need lecturer to show them how to avoid mistake and focus on gaining more marks.
4. For those students who currently attending classes but lack of praticising exam style questions


INTENSIVE REVISION COURSE (IRC)
ACCA P3 IPS & IRC (12 sessions in 6 days) RM800

What can I say? He is good!

Timetable: http://www.acca-success.com/images/accaessen.pdf

This post has been edited by semivalue: Mar 5 2010, 06:40 PM

Anyone who took F6 last sitting or if you know of any friends who want to sell off Alan Yeo's textbook please PM me.

Last sitting many people killed by F6

This post has been edited by RwGlmllhpSX: Mar 6 2010, 01:34 AM

Can someone explain to me the difference between these two terms: Provision OF vs Provision FOR? Thanks in advance.

If my understanding is correct, "Provision for" means a mere estimate but "Provision of" relates to cost incurred. Am I right or wrong?

Hey guys, i am taking F4 this sitting. My lecturer said its a must to memorise sections of the act, while i saw Guide that it is not necessary to quote section numbers. so which is it ?

What is law if you don't memorize the section numbers? Even in the answers scheme, the section numbers are there

Kinda depends...I passed my F4(77 somore ) without quoting much of those case law and section numbers BUT most probably you are expected to know some basic case laws and sections(eg. s.20 of Company's Act, Carbolic Smoke Co. case etc.)
I mean remembering one or two main sections of the law wouldn't hurt much

So what is the verdict ? I don't have any problem with the main sections, i only have an issue with the subsections, like S153(1) and stuff. Is it enough to
just write out the main section only ?

I came across this when was visiting the star education fair.One of the exhibitor told me that if i go for ACCA,i am considered chartered accountant in Malaysia and if i go overseas,I am considered certified accountant whereares if i go for ICAEW,i am considered chartered accountant anywhere in the world.What is the difference between chartered accountant and certified accountant.

Did anyone of you ever heard abt Crescendo College in jb?
any comment?

what's wrong in memorizing the subsections also? xP. if tat could cost u 0.5/1 mark deciding u pass or fail , would you even take that risk >? i think the safest bet is to memorize as muchhhh as possible. whether u'll be able to reproduce in exam that is another story but at least you tried ur best.

hi... I want to ask something.. If people that taking business administration specialised on accounting.. can take ACCA paper or not??

^Anybody above the age of 21 can take ACCA. It's whether the person want's it or not. But bear in mind, ACCA is just not an accounting paper, it's a paper that prepares you till you are at strategic management level.

Can definitely take, acca never rejects anyone.
The issue is how much exemption you are entitled to. If minimum, then start from bottom lo.

so that is why i asked. instead of using time to memorise something that isn't needed, the time could be used in better ways. Looks like nobody here is capable of giving me a definite answer.

I'll put it this way, as someone mentioned earlier, the section will bring u probably 0.5 to 1 marks. So if you think you can afford to lose that amount of marks in order to study and memorise other things which (hopefully) can compensate that marks that you are losing, then by all means go ahead.

Just my opinion because I didn't pay much attention to the smaller section and instead focus on the facts of the case, and I am able to pass with satisfactory marks

I found that technique is very useful in advance tax too but the syllabus is much more wider of course. Got to sacrifice some few subjects. And those subjects did came out , luckily they offered some logical questions, so being a good bluffer , just bluff away.

oso can borrow from MARA a.k.a Majlis Amanah Rakyat if u r bumiputra..
but must register under college that supported by MARA,
like Poly-Tech MARA College, Uitm shah alam etc..
they will fully support ur study and all ur expenses..
check mara link for more info www.mara.gov.my



This post has been edited by kikumarubeam: Mar 8 2010, 04:51 AM

I seen most you guys skip from one tuition provider to another depending on which lecturer is better.When one go for other tuition provider in other college,do one need to pay extra for those registration fees,misc ??

Wan to ask P1 question,

7. Corporate governance & corporate social responsibility

- analyse & evaluate issues of 'ownership', 'property', and the responsiblities of ownwership in the context of shareholding.



I can not find this piece of info in Foulkynch or BPP text book lo...

I don't understand what does it mean ?

Maybe u can help me ?

THanks

Can't really answer the whole question for you, but would give you some guidance.

- link it to Agency theory and problems (who is the agent, and who is the principal)
- then say what is the 'property' in this context - shares
- then say who is the owner of the property - shareholders.

Anyway, such question won't appear in ACCA. It is unlikely that David Campbell will set such a question.

I teaching u the faster & easier technique to study F4.

What u need to do is STUDY HARD MORE THAN 6 TO 10 YEARS PAST YEAR QUESTION & ANSWER, I can gurantee u for your June 2010 question SURE got at least 75% repeat from what your study.

This post has been edited by carlosandy: Mar 8 2010, 10:58 PM

Ownership of shares is different from ownership of property. In the context of CSR, owners of shares have certain responsibilities that they can exercise such as not electing directors who have not performed to expectations at AGM or removing directors at EGMs. Hope this helps

For most of the questions, S153 is good enough, if you really can't remember, say things like "A provision in S153..."

But for certain sections, you must give the subsections as well, like S2(a) and so on...

Thanks ! it helps a lot !

What is the difference betwee ownership of shares vs property ??
Does it mean ownership of property no responsibility towards anyone else ??