Allow me to slightly modify your fact, Malaysia is getting a lower passing rate that the world passing rate because it is the average passing rate of all institutes which offer ACCA. Most of them are not on par in terms of quality and are not well known. However since TS is planning to pursue in ACCA, Sunway would be, no doubt the best in Malaysia, even in the region. Also, if you do some research, the passing rate in sunway is much higher than the world passing rates, for almost every paper There is a comparison chart recently pasted outside the office of Sunway TES, showing the passing rates of July 2010.

To TS: why don't you come over and pay SUNWAY TES a visit? I'm sure they can answer all your questions and doubts.

After you completed the F levels of ACCA, you are allowed to complete a theses to obtain your Bsc. Applied Accounting awarded by Oxford Brookes University. So ACCA half-way done does have its value.

And after TARC's Adv. Diploma, the exemptions are the same, max exemptions of 9 papers. No degree or Adv. Diploma can get exemptions for the Professional level papers.