I had done my SPM last year and currently i`m waiting to get my result.. However, i`ve been eyeing on accountancy.. But i dont know wat are CAT,CPA,ACCA, ICAEW, CFAB all about.. Been hearing a lot from teachers but i`m still Can someone enlighten me? Million thanks in advance..

And one more thing, can i hope for getting into local universities and opt for accountancy by venturing into form 6 1st? Will it save cost and wat`s the minimum score i should get in order to be qualified for accountancy course in local uni?

*wat if i dont do well in form 6? time will be wasted or i can salvage it and straight away go for degree?

This post has been edited by Jason3399: Jan 12 2011, 02:16 PM

if u are dead set in accountancy..go straight for either acca or icaew.. no point going into degree in malaysian uni as you would still be required to go for these professional bodies by the big 4 audit firm although acc grad from public uni can become mia members.. moreover, there are rumours that government is planning to scrap this route soon... moreover, people who go for degree usually wnat it due to the brand name of university and i highly doubt local public uni can give u the brand name u want outside of malaysia..acca or icaew would be much better.

furthermore, after completing cat and acca part 2 which altogether requires 2 years only, you cna do a theses and be awarded a degree by university of oxford brookes

not only that, acca will only takes 3 years in contrast with degree in public u of 6 years..( 2 years stpm and 4 years degree).. or u cna opt for icaew where you join cfab for 1 and half years den another 1 year for icaew..den work for 3 years while doing 3 more papers and become member of icaew.. it's the most prestigious accountancy body.

This post has been edited by Knight_2008: Jan 12 2011, 02:37 PM

Hmm.. Which means take CFAB then proceed to ICAEW is faster than ACCA is it? Which is more recognized worldwide?

both is almost equal length..

cfab 1.5 years..den 1year full time study of icaew..den 3 years training while taking 3 more papers..den chartered accountant.. altogether 5.5 years..

cat 1 year... acca another 2 years (can be 1.5 years if you willing increase ur workload)..then another 3 years of working..altogether 5.5 to 6 years den only Chartered accountant..

icaew is much more prestigious but also harder...furthermore, the 3 years training is bonded..which mean you cannot jump to other firm..

I see.. Is it really very hard? hard in the wat way o? Currently which college offer the best course for accountancy?

sunway and tarc

thanks bro.. but ppl say ICAEW is harder? hard in wat way wor?

Its harder than SPM in many ways that you are ever imagine. I assume you took accounting for your SPM. That is just a lil tiny small part of it.

ICAEW is harder than ACCA because there is a module that combines all the knowledge you learn eg. finance, accounting, tax etc. into 1 paper, unlike ACCA that separates these modules into different papers.

OMG But we just gotta pass right? How much is the course? I mean to become chartered accountant in either ways, ICAEW and ACCA?

acca cost about 35k inclusive of the OBU degree..icaew i'm not sure..why don't you visit sunway and ask around..

Dad is busy. Mom dont know anything Anyhow i`ve been bugging my dad about it ad.. I was informed by Sunway tat ICAEW cost around RM48000.. Now i dont know which course to choose already.. Some more cant take PTPTN loan..

This post has been edited by Jason3399: Jan 12 2011, 07:36 PM

i assume u are either 17 or 18 right? go yourself, no one is going to kidnap you, lol. on a more serious note, you can also e-mail them

anyway, i would personally recommend icaew if you're a bright student. it's considered creme de la creme of the professional body

I'm a CFAB/ICAEW student. You can PM me if you have any questions regarding Sunway's CFAB/ICAEW

My personal opinion is as follows ...

If you can enter local university, go for it; gain local degree in accounting first, secure MIA membership first; then "baru" take the profession course, as these professional course is not cheap and not easy to get passed.

Additionally, you ask yourself, whether you are top student or at least above average ++. If not, don't take risk, and waste your time to resit those professional course's paper. Secure a seat of MIA first, then earn money with your MIA membership and go for professional course.

Again, in future, you might change your mind, as the world is not only accounting, and there are many many many others.

Conclusion:

1) If you are eligible to local university, then go for it
2) If your family income is not above average, got for local university, as it is cheaper, and you can experience campus life.
3) If you are not top student or least above average ++, then go for local university, don't take risk. And you might say, you still young enough to take risk; but, why need to do that, as the world is not only accounting, and there are many many many others.
4) You must consider you capability, and try within shorter time to secure MIA member (if you aim is Malaysia Accountant), and from this point, expand your view to professional course or other fields (not necessary accounting field)

Good luck.

I am having the problem almost same with you neither... I am taking Diploma in Accountancy now in Segi College Penang. I am now considering about I should futher my study in ACCA or Degree... My friends told me that they are going to take Degree because after graduate from Degree there are 5 paper can be examted, so I actually don't know which should I take

if your going to continue to Bachelor Degree at least find a Degree that can give you the nine maximum exemptions rather than 5 which is quite little ^^"

But wat if i cant get a place in local uni? or maybe if i got the place, will i be able to choose accountancy? ACCA cant be consider as degree? And getting MIA membership is a must?

Thanks for your advise
But I don't know I should take Bachelor Degree or ACCA... Is that true that ACCA is difficult to pass??

just go directly for acca. unless your degree is from top ranking uni such as nottingham, lancaster or monash, there's not really any point in taking a degree up..

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Added on January 13, 2011, 12:13 amif u can afford acca, den go for it. and getting MIA is not a must if u are not interested in starting ur own practice (ie. open ur own firm for accounts or audit related services).. a membership in foreign professional bodies are widely recognised in malaysia as well as overseas.. btw..so as longas u are member of acca or icaew, you can apply for direct entry into MIA.. don't bother about it if u don need it as u will need to pay membership fees..

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Added on January 13, 2011, 12:13 amyou should be able to pass if you're hardworking

This post has been edited by Knight_2008: Jan 13 2011, 12:13 AM

ooo.. tat means no need local accounting degree also can become MIA member lo.. study in UTAR will be much cheaper?

ACCA is not a Degree, it's a professional qualification though if you submit a research paper you can get a Degree in Applied Accounting from Oxford Brookes University. Or you can always go do a Degree first then get exemptions for some papers and do ACCA later.
By law, if you are not a member of MIA you can not work as or even imply you are an Accountant or anything similar in Malaysia. Being a member of ACCA,CPAA,ICAEW etc. would allow you to register yourself as a member of MIA.

ACCA can be said to be difficult but also a lot of other things like Degrees from some Universities but even so there's so many people who get through every year. If you think it's harder than get a Degree that can give you nine exemptions so you would just have 5 papers left and if you can't get through that then at least you would have a Degree.

If i`m holding ACCA qualification already, then i just gotta pay annual fee to become member of MIA?

*take degree need how long?

Ya, you are right. The reason why my friends choose to futher their studies in degree is because they want to have examptions in ACCA. For them, ACCA is difficult to pass. Do you know about the fees of studying ACCA??

This post has been edited by Irene Ng: Jan 13 2011, 12:25 AM

35k in sunway inclusive of the obu degree fees..

yes if you have become a member of ACCA then you are elligible to register yourself as a member of MIA. Just need to pay the annual membership fees, no extra papers or stuff like that to take.
If you take a Degree you would still need to go and become a member of a recognized accounting body like ACCA,CIMA,CPAA,ICAEW etc. before you can become a member of MIA. A Degree would usually take three years and then it would depend on how many papers you get exempted and how long it takes you to pass the remaining ones.
Graduates of IPTAs and some unis like MMU can become a member of MIA without taking stuff like ACCA etc. just need to get a minimum of 3 years work experience in the accounting field and you can become a member of MIA though there are talks to change that now though nothing is confirmed yet and it is likely the IPTAs will strongly protest to this.

well, for now, straight away take ACCA or ICAEW is the better choice right? but which 1?

This statement is not correct. It is an absolute must if you want to practice as an Accountant in Malaysia.



and also under Sections 22 and 23 of the Accountants Act 1967 it compulsory to be a member of MIA in order to hold position as an Accountant or any similar positions or even to imply you do any form of an Accountant's work.

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Added on January 13, 2011, 1:14 amICAEW is usually seen as one of the hardest professional accounting qualification to obtain.

This post has been edited by Hikari0307: Jan 13 2011, 01:14 AM

but take either of these professional course then just pay the membership fees for MIA also will do d right? No need susah-susah go take degree..

yes.
Most people who takes a degree first either
1) Wants exemptions and don't want to take so many professional papers.
2) Not really interested to be an accountant.
3) Wants to build up their soft skills in University first.
4) Improve on their resume by taking part in a lot of Activities which are usually available to you during a Degree.
5) Wants to have a back-up since if you jump into stuff like ACCA straight after SPM and didn't get through than your just an SPM holder

and the list goes on and on. A list for people who take ACCA straight away instead of a Degree first also goes on and on. It depends on you ^^

ya

with constant revision, i can pass right? wat about assignment? how many % exam and how many % assignment?

Of course with hard work things will get easier ^^
Professional exams like ACCA etc. have no Assignments. It is not a Degree where you are tied with an institution and you do assignments for carry marks, you can even self study,pay exam fees and just go take the exams. It is 100% based on the examinations.

It's all boils down to your own capability in term of academic strength. No point really go for a course based on forumers suggest to u ( no offence). Do some research about the exam behind the acca or icaew. There is plenty passed years paper for u to see how the exam been structured.

It not a wise judgement to choose merely based on ppl claims how fast the duration of the course u can completed it. No everyone capable to make it within the duration. Just an example, acca is tough enough to the extent for candidates reach mature ages still struggling to pass the professional paper.

I'm not here to discourage u but just to give u some facts when thing doesn't worked out (u would ended up with nothing). Plenty of ppl called quit in half way ended up without any proper qualification. Yes, you still young now, but few years down the road when u're at 23 or olders still unable to completed acca, u have to opt for part time route. Assuming u're about join for big4 and bear in mind that an auditor work load is extremely high.

Be prepared if u're high ambitious aimed for icaew even, the route will be more tougher ahead. So i would suggest u to discuss with seniors who are working or had done the professional paper. No point to be blindly listening ppl who didn't taken the exam before. They might not know how tough the exam set in later stage.

And YES for your question, the MIA is essence that most accounting background scholar eyeing for. Most common ppl will opt for professional body like acca or Cpa (australia) to certified as an accountant (applied MIA). Besides that, you can also opt for our local accouting body (MICPA) but fewer ppl will opt for this as is not international recognised.

If u want prestigious professional body u can opt for ICAEW or ICAA (australia) that enable u become chartered Accountant.

he's a 10 As student based on his post in another thread. So long as he is willing to work hard, his intelligence will definitely enable him to pass ACCA

Other professional bodies like ACCA,CIMA etc. also would allow you a road to become a Chartered Accountant.

i`m just worry about how hard it is to pass the exam.. then i ended up with nothing at all like wat Miss said i`m so dead if such thing happens..

if u put 100% effort.i would say u can make it.based on my personal opinan is do not give up so easily if u fail the paper few time.u need to tell yourself i fail maybe because i still not well verse with that paper only i need to work harder for next sitting.

but need to keep paying extra $$ lo... anyone here have any experience on taking the same paper again for a few times?

that's the reason there's no longer the post of accountant in most companies. if u work for MNC, you would most likely be called finance executive, finance manger, financial controller or even cfo.. u are not holding out youself as accountant and as such will not breach the law..

in commercial line, title is not important but job scope and the pays should be more of ur central concern.

only when u practice as a public accountant, will MIA be be very important.. I'm pretty sure most MNC will not mind u not having MIA qualfication as along a you are a member of some professional bodies like acca and ICAEW.. at least that's what I heard from HR of some companies during the career fair

oh well.. gotta inquire more though.. get ready for March intake most probably..

Secondary edu excellent might not be the case excel in professional paper. There is a vast gap between both exam been construct to test student. I'm not here to deter TS wills by continue to feed the negative info, pordon me if do distracted u. Just want TS to have a clear picture what might s/he encounter later. I can share with u a fren of mine who possessed 8A in secondary edu, when she came to professional level in acca (last few paper), she also struggled to passed it even she endeavour all the best she could. Apparently she also failed few times in professional level, and u all shd know n prepared once failed have to wait for 6 month, so the shorter duration that most ppl claim (first time passer candidates) barely realised.

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Added on January 13, 2011, 2:43 pmIn Malaysia ppl possesed professional qualification claims as chartered accountant. This will be isolated cases when u're pratices in foreign countries. Acca, cpa (aus) only being considered certified accountant where as the chartered title reserved for icaew or icaa. Yes, cima is a chartered body as well but the nature of cima is focusing on management scope.

This post has been edited by Miss: Jan 13 2011, 02:43 PM

Note that they always put "or any other term of like description" "description in such circumstances as to indicate or to be likely to lead persons to infer that he is a chartered accountant or that he is qualified by any written law to practise the profession" " © adopt, use or exhibit the terms "accountant" or any other term of like description in such circumstances as to indicate or to be likely to lead persons to infer that he is a licensed accountant or an associate member. "

It DOESN'T MATTAR WHAT IS THE JOB TITTLE, the law covers job tittles and also job scopes, so saying

As far as the professional bodies are concerned what you are saying is like saying doing a Doctor's job is ok if your not registered with MMC as long as you don't call yourself a Doctor.

Fact is if they were to perform an Accountant's duty and not be a member of MIA, then it' against the law in Malaysia. You can't even indicate that you provide such services, you can't even put stuff that will make people infer that you might be an Accountant or provide such services.

Companies will take you in if you are a member of ACCA etc. since by being a member of those bodies you are elligble to become a member of MIA.

This post has been edited by Hikari0307: Jan 13 2011, 02:53 PM

Oneself determinant and persistent can overcome all the obstacles. Nowadays acca is become too commercialise, passed more n more candidates to secured as global larger professional body and compete with others rising body (icaew). It's doable with lot of work effort u about to put in but to complete in the shorter duration that is another story. Be prepare for fail is do really happen and learn from the failure ( failure is the mother of success )

OMG fail= waste $$

anyone here pass everything without fail?

the above paragrah states "holding out or practise" which means, u announced to your client that you are a chartered accountant in order to secure a job or a business.

as such, all those having public practice (ie. contract for service), where the relationship they have with those who use their service is of client-contractor nature, will require to be a chartered accountant. However, this is applicable to those who is in charge of public practice firm, and not their employees.. the employees could be not chartered accountant, however, the one responsible if anything goes wrong will be the CA as the client goes to the firm for services due to their faith of the Chartered Accountant.

however, in commercial firm, ie companies no one is required to hold a chartered accountant license in order to perform the finance and accountancy role.. it is the auditor who must be chartered accountant. what you imply does not make sense as if it is true, does that mean an owner cannot prepare his own financial statements if he is capable of it although he is not a CA?

I suggest u refrained from speaking in order to not mislead others. I have a friend who has a law degree and is an ACCA too and he agrees with what I said. Pretty much this is the consensus of accountancy professional all over Malaysia. If you don't believe, write a letter to MIA. Ask whether can u join the accounts department of a company or an audit firm but you're not MIA. If so, how can anyone trained for 3 years to gain the required experience as chartered accountant. It irked me that people who don't know about things start quoting laws without proper understanding

I don't need to write to MIA. They already have stuff like that written on their website

To get experience one must adhere to this

accountant is a post.. it conveys a message of integrity..that's it is a protected word..

however there is nothing stopping someone from using someone's service in preparing financial statement so long as that someone does not say he is an accountant and the employer understands that someone is not an accountant.. it's a free world.

as such, when client engage the service of a chartered accountant firm, does that mean everyone in the firm needs to a CA? The answer is no. So long as the firm is headed by a CA and there is enough CA around to exercise proper supervision over the process and services rendered, then it is fine.

what more, in companies those in charge of preparing F/S are not addressed as accountant, as such they are not holding out themselves as accountants.. auditors who are CA will be around to give reasonable assurance that f/s is prepared giving true and fair view..

Btw, are u an accountant? if yes, you don't seem to understand the technicalities of the law governing your own profession.. My lecturer was once head of both treasury and finance department of a listed company and yet is not a member of MIA. Doesn't seem the government made a fuss out of it when she deal with the IRB

This post has been edited by Knight_2008: Jan 13 2011, 10:19 PM

that's what you needed to consider before taking up the decision on whether to go for a professional qualification or otherwise.
In fact,it's not the $$ that matters the most.Once you fail a paper, you will have to wait another half year to retake.It is really time consuming.
(i don't know much about other professional qualification but i am talking bout ACCA)
If you choose the route of CAT-->ACCA,it only takes around 3 years to complete everything.(provided you didn't fail any of the paper). Which is way faster compared to route of going for a degree etc.
There are people who choose to go for a degree because they want to enjoy their university life,gain some soft skills and such which you would not get if you choose to go for ACCA(ACCA is like going for a tuition class then that's it.All efforts to pass depend on yourself as it is purely exam based).There are also a lot of people who choose to self study for their ACCA as it is completely possible and there are a lot of resources online which make that easier.You can try google around for it.

So here,the decision is back to you on whether you want to complete your studies faster or you want to enjoy your life first.
Please note that once you completed ACCA and start working,your life would be harder.



And for your question,yes,there is a lot of people that passed everything without fail,yet there are quite a number of people that failed a lot of time and ended up to other course(give up).
It's all depend on yourself,although i am currently only at CAT level,I am determined to go all out to make sure i complete my ACCA within the 3 years time frame.
If you choose this route,there will be no return and you will have to discipline yourself in order to pass.

Hope this helps.

Have a nice day

Regards,
Starz

This post has been edited by starz92: Jan 13 2011, 10:28 PM

thanks man But anyway, how is the schedule like? Do we have to go college from monday to friday? and wat is the time frame? from morning wat time to wat time?

depends on how many papers u take and where u study.. sunway have more hours per paper

but currently only sunway offer CFAB/ICAEW right? UTAR dont have?

According to Sunway's marketing, Sunway is the only institution to offer CFAB in the world.

Sunway is also the only provider of ICAEW tuition in SEA if I'm not mistaken.

oh well, this course is still new or it has been around for quite some time ad?

CFAB is only introduced recently,if i am not wrong,should be around 3 to 4 years old. Previously, the only way to get ICAEW is by getting a degree first.
For the schedule,it's better for you to ask the college.(email them or go have a visit)

oohh okay thanks^^ and hey guys, we can only graduate in actuarial science overseas right? Cant it be done locally?

The most severe case of exam and membership fees for accounting body wil be CPA (aus). 1 exam paper will be AUD$ 800 (round up), coverted to our currency (3.0 roughly) equally to RM2,400 per paper. Failed meant dump acca tuition fees (Rm1400) + exam fee (RM 500) + re-take exam (RM 500)....roughly, i'm not exactly sure the amount of fees in acca current market rates

Even u become a member though, the yearly membership fee AUD#600 = RM 1,800 each years. I bet u find a company with policy pay for employees membership fees.

Pros, members able to land their feet to aussie for working purpose thru apply skilled migrant. Earning AUD $ lol

sorry, u lost me here. Do you mean that companies are not willing to pay for membership subscription fees? cause unless u work for some chinaman company i'm pretty sure they do pay for your membership fees so as long it's rleated to your job suschas internal audit, external audit, finance, accounting, banking

oh ya guys.. wat is Big4?

yes, most of the cases. And like u said, chinaman com are those not practice this benefit for account personnel but i'm not mean all. But to be honest, i found myself also confuse pertain to sub-membership fees bound to be mandatory for com incorporated in their com policy. Not to be surprising u, i had a colleague jump to commercial big corporation dint have such privileged for account related jobscope. or maybe they practice another way of benefit offered to supersede it, u wont imagine how tricky com nowadays in order to cut expenses. Rule of thumb, scrutinize every details before signing a contract

As an acca student, i would like to advise u to take up acca..going for degree+acca takes a longer time dude..
u can either come TARC or go sunway to study..
TARC--it consists of 4 years course..2yrs and 4 mths to study diploma..after getting ur diploma,u will get an exemption of F1-F5 for acca syllabus..
After finishing ur diploma, u will have to study 1 yr and 8 mths to get ur advanced diploma..by finishing the first year of adv dip,u will get another 4 exemption,F6-F9..
Meanwhile during ur last year in TARC,u will be gone through with P1-P7..the last 5 papers..this one no exemption can be granted..the only way--study and take acca exam..if u wanna study in tarc,u must be independent and self-discipline for ur studies..

Sunway is offering CAT and ACCA..u have to pay more and take paper by paper basis..so far what i heard is that they lecturers are better in teaching..

professional paper cant be exempted as far as i know..Bro u doin ACCA in TARC? which campus? And can i know how much is the whole course?

the top 4 accounting firm PWC, EY, KPMG Deloitte.. seriusly, learn how to use google and do some research..it will benefit u

i did google but i dont really ge tthe picture.. i need someone who can explain/elaborate

den try harder, sooner or later in ur life, you will reach a stage where you have to learn certain things on your own

well maybe is just a bad habit of mine.. when i see a long-winded script, i wont read it thoroughly.. i`ll just jump to the conclusion.

Well,try asking around in the ACCA topic here about big4.or specify what you want to know bout it.
Basically,a normal multinational company/bank would prefer a degree fresh graduates then groom them to ACCA.(as they believe that degree graduates are better in term of soft skill and the salary paid is slightly lesser compared to ACCA graduates)
Big4 in the other hand,would prefer ACCA graduates.Therefore,most acca fresh graduates will choose to work there in order to gain experience,You will need at least 3 years of working experience in order to be recognised as chartered accountant by ACCA.The work there is definitely tiresome but you would gain a lot of experience working there.
(that's what i gathered around)

You need at least 3 years of experience to be a member of ACCA. After that, you will be able to apply to MIA to be a Chartered Accountant.

And I don't think the Big4 prefers ACCA grads. They will take anyone that's available I believe. Alot of degree grads are also working there studying part time pursuing their professional qualification.

usually during our internship right, how much will we get paid? and will our working place far away from our house?

not too sure with that.You might want to google to check out the location of any of the big 4 company nearby your house?the last time i heard bout the salary for fresh graduates was around rm2.5k

i see.. but from wat i know, our internship will be bond with the company which our college arrange right? we dont have a choice..

It's not exactly an internship.College will help in term of recommending you to one of the company,on whether they want to hire you or not,it will depend on your performance during the interview.So,you are not bonded with the company.It's not necessary to work in Big4 companies once you graduate,as acca just stated you will need 3 years working experience in order to become a member of acca.So,there are also people that choose to work in other industrial company,etc.Some might prefer smaller company as the stress level is lower.

Oh i see.. tat`s for ACCA right? But wat about ICAEW.. i saw from brochure tat we`ll be bonded with the company and cannot change for 3 yrs..

yup,for ICAEW,the you will be bonded as it's part of the requirement to complete ICAEW

Just make up you mind, make a choice, take action and be persistent to complete it, be it F6>Local U or CAT>ACCA or CFAB>ICAEW. Both 3 options do lead you to achieve Chartered Accountant (Malaysia) status.

As an ACCA, just share some small tips, to pass, you just need to attend classes, consistently practice on past years Q & A, read exam related articles. Sound "straight forward" but how well you can do it will definitely depend on how self-discipline you are.

BTW, it is not about how easy or how hard of each option, the concern is if you really want it and achieve it with full effort. And it is not about which one is better, of each option is path way to become qualified accountant, but it is your own personal quality (characters and attitudes) to determine how far you can go when later you are just one of among many accountants.

hmm well i kinda agree with wat cfng76 said.. hey man mind to share some of yr experience?

Oh ya while doing our internship right, can we get a promotion or bonus?

i think can.. cause i remember my lecturer telling me that by the time acca grad go and work in audit firm, the icaew people of same age will be our superior

Ooo.. think i gonna take ICAEW instead of ACCA if tat`s the case..

yeah i'm from tarc..doing the last 2 option papers rite now..
Diploma-------------------------------------------------8,000
Advanced Diploma-------------------------------------7,000
(not inclusive of the acca exemption fees+exam fees)
F1-F3 3 papersX 57 pounds X 5 =855
F4-F9 6 papersX 72 pounds X 5 =2,160
P1-P3 3 papersX 84 pounds X 5 =1,260
P4-P7 2 papers to be taken only X 84 pounds X 5 =840
initial subcription 72 pounds X 5 =360
student membership 72 pounds X 5 X 2 years =720
TOTAL =about 22,000

i dunno how much is the fees for the sunway..now TARC gained back the platinum tuition provider status..
if u're from family with good financial background, i would advise u to study in sunway..
better lecturers gua..and they will have a few progress test to push u to study lo..and if u are smart, i think
CAT+ACCA= around 3 years plus only

dun go study stpm---degree---acca..2 years+4 years+1 year=7 years..and good cgpa does not guarantee to enter
local uni..my fren got 3.8++ also tak dapat accounting course,ended with the same course as me..

this is tarc SBS brochure-----http://www.tarc.edu.my/admissions/e-brochures/main.htm
i hope my info is up to date and useful to u..if u are interested to ask further about tarc,u can pm me la^^
all the best..

sorry my mistake.. that was last time when the best CAT students will be selected to go for ICAEW after finishing their CAT which took a year.. Immediately they will start working while doing their ICAEW papers part time

now i think almost the same cause icaew students have to study 2.5 years full time before being released to workforce..therefore, they have only half year working experience advantage as compared to acca grad.. nevertheless, icaew being more prestigious will aid u later in ur career

some of good CAT students in sunway will be asked by BDO to work with them rite..
i heard of this when i have my internship in BDO..
work with them 5years and get the qualification..
by the time they finish the 5 years,they can directly be chartered accountant..
and that time they oledi promoted to audit manager..

yup but not only BDO i think

whoa.. My family financial status is not good.. Wanted to take loan but PTPTN doesnt approve if its a professional course.. any other ways tat i can get loan?

You got that wrong.

1) The best CAT students will be selected to go for ICAEW after finishing their CAT

2) They will do 1 year full time, ( 8 papers ) in Sunway

3) Then they go BDO

1 year faster than ACCA

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Added on January 16, 2011, 12:07 am1) Sunway Jeffrey Cheah scholarship

2) MACPU

3) Shell


This post has been edited by BlueSpark: Jan 16 2011, 12:07 AM

sunwya no longer provide this route i think.. they focus on the CFAB route only and btw it's 9 papers not 8 and not only BDO that's providing this training.. i am a student there..so which part am I wrong?

come TARC study la..diploma can borrow ptptn..
i think around 10k++ gua..not sure..
adv diploma also can..can borrow 13k..
u're spm leaver?mind to tell trial exam berapa A?
tarc got provide scholarship..

can try to apply macpu scholarship my friend told me it's quite easy to get as very few people apply for it.. anyway..you got 10 As right? you are eligible for entrance scholarship which covers almost the whole CAT fees already after that u can apply for MACPU scholarship for ACCA

This post has been edited by Knight_2008: Jan 16 2011, 03:36 AM

Sorry I didn't write properly.
What I know is Sunway best CAT students go to ICAEW

I'm a student there also =.=
8 papers - MI & LAW + 6 application papers. Am I right?

So far, I've only seen BDO sponsored students.

Btw, sunway still provide this route

This post has been edited by BlueSpark: Jan 16 2011, 10:13 AM

Nowadays, all young people have their ambitions, which is good. But, most of them are too ambitious, without considering their own capability as well as risk, time wasted. Only see the glamour name of chartered. If you are "hang" half-way, if don't anything, no degree, no chartered, no money. Conclusion, at that time you 'baru' re-think your future, then it is too late, yes, really too late.

Just be pessimistic a bit, say 3 years down the road, you still :hang" half-way at your professional course, and at that time recession time come in (who knows?), you ending with "apa pun tarak".

Secure something first. A bird in the hand (degree) is worth a dinosaur in the bush (chartered accountant).

This post has been edited by wfwong: Jan 16 2011, 11:53 AM

in my time, the students who were selected will immediately begin their training (ie. work) in the sponsoring firm while doing their application papers part time..no full time studies at that time.. and there were two other firm sponsoring beside BDO,, but medium size firm,..not big 4

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Added on January 16, 2011, 12:43 pmno harm if the young people have the capability in order to be ambitious right? lol

This post has been edited by Knight_2008: Jan 16 2011, 12:43 PM

my dad's fren keep asking me to do degree after spm..that time i just ambitious to study acca..
but scare about whether my capability allow me to finish the whole syllbaus and to be a CA in 3 years time..
so i choose a safer course in tarc,,studying diploma+adv dip along with acca..

If you want to do a degree, make sure its at a good university. Else, you can try out ACCA, you will be able to obtain a degree after you complete all the Fundamental level papers (your average mark has to be 66 and above to secure a first class).

it's now 68 in order to be assured of first class.. any lower, your theses have to be good in order achieved first class

Hard to get scolarship leh.. later i got tongue tied during interview.. they only open for application on march right?

the entrance scholarship does not requires interview..so as long as u got required As, you'll get it..

but its only in tuition fees waiver right?