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 ?

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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

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.

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

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.

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.

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

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

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.

Bravo, bravo.

More than you can imagine and Malaysia is considered one of the worst.

Per hour charge is really lesser.
You know sometimes when other companies called for interviews of such, I was really tempted to just go but you gotta stick with your decision. Per hour rate is definitely lesser, technically you can go home on time but its impossible you can finish work that way. Most of the time, its not due to you but more to like external factors as well. Imagine this :

You are given 1 week to do the task.
But people give you the work at 3rd day so left only 4 days lo instead of 7 days.

10 people supposed to handle 50 files, 5 each.
suddenly 3 person left, so now each handle 7 files.

Fresh grad for audit, degree = Rm2450 or 2400, professional affiliate = Rm2600. This is standard, some pays more.
Do expect they suddenly called you to work on weekends, mine is fixed since prefinal so just stay on weekends. I was once kena something like this.

I was at a remote area on sunday (no connectivity), once reached home around 12am, got message around 4pm asking certain works to be submitted monday morning, so just do until 5 am then submit. Must constantly check email as well. They dont give laptop for nothing.

You will need justify for every cents you earned.

acca is not a degree. You dont even need to go to any college and you just have to pay exam and membership fees and thats it. With so many options open, nobody will give scholarship for that.

Furthermore to if company give scholarships give scholarship, its tax deductible if meet certain criterias and acca does not even meet one so no company will be stupid enough to offer one. But Bond on the other hand its different. As they need to offer some sort of incentives for new joiners to enter their company they will said they will sponsor you to take acca, cima,.....etc. Most O&G did this like Shell and Petronas.

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Added on March 14, 2010, 9:25 pmPassed all papers + 3 minimum year of experience to BE RECOGNISED AS ACCA MEMBER = then you can get entry to other countries. Merely passing the papers makes you no difference than any other degree holders.

Normally needs more than 3 years unless you done a lot of things under that 3 years, the simplest route is :
1) Get a platinum employer (gold is still ok)
2) In audit field cos PER will ask you that (have you done statutory audit......)

But unless you want to subject yourself to physical and mental punishment please go ahead. There is a reason why they only need 3 years from those cos they worked at least twice than harder than anybody.

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Added on March 14, 2010, 9:37 pmWarning !!! For any hardworking and ambitious students please stop reading this post as this was posted by a lazy and average joe acca holder. Okie . For those whom are in for the fun, join the club

I am quite pleased that there is still some prudent people out there cos I met too many that is too optimistic in the beginning but lose out all hope when they failed to cut it. Can blame acca for their lax requirement and today youth's high self esteem, never know until they try.

But you too are being over worried, technically all those "horrid time" can be easily avoided. I can say that my acca life is the most relaxing in my entire education life, even less than my spm,pmr or upsr. Cos I only studied like 10 hours obligatory class every week and maybe another 10 revision hours. ACCA wants students to be independent and learned by themselves more than just follow lecturers blindly. Lecturers are there only to guide but how and when to study totally is up you to decide. Unless those uni got some "pass rates" to protect then its different story.

Well you dont have to push yourself so hard to pass quickly cos i dont understand whats the purpose of it ?
To brag to people ? Dont be offended though cos thats what I initially thought at beginning too, but once there the whole thing become pointless. I used to purposely hold those thick ACCA BPP books when aboard public transportation just to show that I am an acca student. When reach professional stage, such thoughts seems quite stupid.

Disappointment over your marks eh ?
My advice, once passed just give it a thought for one day and then move on. No point thinking about the past. But I do agree on anything like rewarding or pampering yourself after one successful result no matter how small it is.



This post has been edited by Topace111: Mar 14 2010, 09:37 PM

Ok normal people only works 9 to 5 everyday, so around 8 hours for 5 days = 40 hours.
In Big4, when peak period comes its standard > 100 hours.
Off peak period > 70 hours.
Super peak = infinity.

Big4 is a slave house but it does offer one thing no other company will rarely offer to you, shortcut.
If your team in crisis mode (a lot of people leave all of a sudden) then you learn even much faster.
Reason why Big4 staff only needs 3 years is simply this, they worked much more than anyone else. Nothing more. So acca will say you "may" only need 3 years to be certified. May does not mean must.

Dont know why everyone is dreaming of the day to enter big4, should be dreading it.

acca is considered one of the lowest cost around. If you cannot afford it, you cannot afford for anything else. Another alternative is self study by using text book. Only 10% of class costs.
ACCa is not a degree, its just a body allowing you to take their exams and if you passed they give you their cert. How, when, where you study you can do it anyway you want. You can even not study at all but if you passed exam then you passed already. For the british, its always "The end justify the means".

no difference apart that if you enrol outside of university you can choose to pay to those classes that you are interested on instead of just taking whatver the uni offered you. You can choose your teachers too. This gives the student a very high bargaining power. So choose based on quality becomes a norm in non-uni centres. Just imagine a housewife running to 5 different hypermarkets to get the best discount you will get the picture.

P6 is no longer like F6, P6 is all about specialization but F6 is all about fundamentals of tax comp.

RPGT was only exempted not removed. Hence no purpose to test it.

Step 1 : Finished acca
Step 2 : Find a reputable company recognised by ICAEW.
Step 3 : Get hired into the company.
Step 4 : Convince them to bond you to take ICAEW (bcos requirement is MUST WORK THEN ONLY CAN STUDY)
Step 5 : Finish remaining ICAEW exam (all case study) and working at the same time.
Step 6 : Are you willing to study after 9 to 5pm everyday ?

I used to hate this paper and surprisingly I hate it even more now.
To deal with this paper, knowledge is quite useless compared to exam technique. Its because most know what to write but find it hard on how to actually write it.
If you know the format and system flow all will come easy. If try to memorize gone case.
Like TOC & SP, just remember the key flow and why are you doing it then you can tackle 100 similar questions. I am speaking from working experience so whether this is relevant for exam is beyond my comprehension.

Good luck for exams peeps.

Not the slightest.
If you can work this late everyday, they are more than happy to absorb you in.