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 ACCA V7, Global Body for Professional Accountants

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starz92
post Jul 14 2011, 08:32 AM

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wow new thread.no wonder I get no update on acca topic via my email.lols
<SUBSCRIBE>

Btw, is stock exchange included in any of acca papers like financial paper?
MeruChan
post Jul 14 2011, 11:00 AM

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I've made a decision to enrol in the CPA professional program. Is there a CPA thread in here somewhere? Anyways, good luck to those taking the acca! smile.gif
kabyss87
post Jul 14 2011, 11:49 AM

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QUOTE(RedShirt @ Jul 13 2011, 03:44 PM)
Since you're doing part-time, if you intend to attend for classes/tuition then you would have to do it after working hours or weekends.

Officially, work ends at 5.45pm and classes usually start at 6.45pm or 7pm. So you have to rush to the school or tuition provider after work, through the traffic and if you're lucky, you would either arrive early or just on time. That means no time for quick dinner.

Imagine, the fatigue and stress level after work and then you still have to listen to lengthy lectures ? Furthermore if you're hungry and worn out from driving and all.

Also, do you expect to be able to leave on time, all the time ? Just drop everything and leave ? You can't do that. Sometimes my colleagues are understanding and would allow me to leave on time but at times, I have no choice but to stay a bit longer to help out.

And then, imagine those classes on the weekends. Those are the worst. Imagine from 9am-5pm on one or both weekends.

Pretty much a sacrifice to get it done and over with as soon as possible. And force myself to psych myself positively to listen and concentrate during lectures.
*
I've attended full time classes before.. its torturous.. weekends intensive classes starts from 8am till 8pm nite!! shakehead.gif

i'm not sure am i able to handle the papers through self study but at least it is far less stressful going through the whole tuition process..

nether the less, this is a sacrifice worth taking!! For those who are enduring the same sh*t as us, stay strong and strive for a better future! rclxms.gif


QUOTE(student2 @ Jul 13 2011, 04:12 PM)
Very true. Thats why if you are taking part-time. Just do 1-2 subjects max per sitting. If not you really can go crazy. If you want to complete it faster; advisable to quit your dayjob.
*
Some may not have the privilege to quit their job and commit to acca full time. But is it sane that one could accumulate enough $$, quit their day job and pursue acca fulltime for a year? Had anyone done this before blink.gif
~Mew~
post Jul 14 2011, 01:41 PM

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QUOTE(tzxsean @ Jul 13 2011, 04:21 PM)
anyone here attended ACCA talk before?

will they serve anything? FOC or charged?

there's a coming talk bout PER by ACCA this Friday in Penang

at Evergreen Laurel Hotel on 6.30pm

Free registration

duno want to attend the talk or not because of the distance and hour
*
I saw you post asking the same questions in Mr Spencer's wall lol. Its PER talk right? Theres this talk about PER talk given in Sentral last year. This year in Evergreen huh.


Hows the registration going?
RedShirt
post Jul 14 2011, 01:50 PM

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QUOTE(student2 @ Jul 13 2011, 04:12 PM)
Very true. Thats why if you are taking part-time. Just do 1-2 subjects max per sitting. If not you really can go crazy. If you want to complete it faster; advisable to quit your dayjob.
*
Nah, I cannot live without my monthly income. tongue.gif
I want to build both my career and knowledge together.


QUOTE(student2 @ Jul 13 2011, 04:35 PM)
If I had the choice (i.e. with Accounting degree); most likely would take CPA. Heard from CPA graduates; its much easier.
*
Yeap, I have seen the CPA syllabus (my ex was taking ACCA) and also, their exam format is much easier than ACCA.
Open book format and multiple choice questions.

QUOTE(Gina Yong @ Jul 13 2011, 05:14 PM)
im interested to work in banking/finance sector instead of auditing..
but heard that its better to work in big 5 and obtain 3 years practical experience there.. after qualifying only then switch to your preferable field.. can any seniors please advise me on this? thanks ^^

btw,  anyone joining deloitte tax challenge 2011?
*
Well, I am currently in banking sector and taking ACCA part time. It is relevant in banking sector because you too have to deal with financial reports and would be good if you're aware of its recognition criteria, such as impairment losses and such.

QUOTE(student2 @ Jul 14 2011, 01:09 AM)
Sorry I'm not a senior but this is what i think.

Why don't you apply to the bank straight? How does auditing experience help you in a bank operations job? Unless you specifically apply to work for the financial reporting or IA dept, then maybe its better?

If you want to progress in banking/finance job its better you study CFA or CFP which is more finance related. ACCA for me is more to financial reporting and general business.
*
Agree. I do not seem how audit experience would become relevant and help in building up your resume when you wish to join the banking sector. I mean, in a sense it is helpful and relevant but not that much.

Especially if you're weak in the fundamentals of trade and credit.

This post has been edited by RedShirt: Jul 14 2011, 01:52 PM
student2
post Jul 14 2011, 02:46 PM

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QUOTE(kabyss87 @ Jul 14 2011, 11:49 AM)
I've attended full time classes before.. its torturous.. weekends intensive classes starts from 8am till 8pm nite!!  shakehead.gif

i'm not sure am i able to handle the papers through self study but at least it is far less stressful going through the whole tuition process..

nether the less, this is a sacrifice worth taking!! For those who are enduring the same sh*t as us, stay strong and strive for a better future!  rclxms.gif
Some may not have the privilege to quit their job and commit to acca full time.  But is it sane that one could accumulate enough $$, quit their day job and pursue acca fulltime for a year? Had anyone done this before  blink.gif
*
For your hardship*, 1 word for you: perseverance*.

For financial, another word for you: Prudence. Core accounting concept and IRL too.

*Spelling correction.

This post has been edited by student2: Jul 14 2011, 11:12 PM
TSnotmycupoftea
post Jul 14 2011, 07:17 PM

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QUOTE(student2 @ Jul 14 2011, 02:46 PM)
For hardsake, 1 word for you: perserverance.

For financial, another word for you: Prudence. Core accounting concept and IRL too.
*
hardsake?? i dunno the meaning
ur "perserverance" got an extra "r" in between, coz i googled translate it and found out, lol


QUOTE(starz92 @ Jul 14 2011, 08:32 AM)
wow new thread.no wonder I get no update on acca topic via my email.lols
<SUBSCRIBE>

Btw, is stock exchange included in any of acca papers like financial paper?
*
have u taken F9 b4? F9 touches a bit about stock exchange, coz i rmbr i learnt stock market, derivatives etc
and our lecturer shared his experience of trading some stocks
student2
post Jul 15 2011, 04:16 AM

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QUOTE(notmycupoftea @ Jul 14 2011, 07:17 PM)
hardsake?? i dunno the meaning
ur "perserverance" got an extra "r" in between, coz i googled translate it and found out, lol
have u taken F9 b4? F9 touches a bit about stock exchange, coz i rmbr i learnt stock market, derivatives etc
and our lecturer shared his experience of trading some stocks
*
F9 i think mainly deals with business/corporate financing, firm valuation and investment appraisal. Not so much on share market. Maybe abit on EMH? Efficient Frontier? SML and CAPM? and basic definitions and roles of financial market.

P1 has share exchange element in terms of ruling (i.e. SOX)

Not sure for AFM. No plans to take it atm.

Idk, maybe should refer to CFA or CFP for more share market related material.

This post has been edited by student2: Jul 15 2011, 04:53 AM
tzxsean
post Jul 15 2011, 01:55 PM

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QUOTE(~Mew~ @ Jul 14 2011, 01:41 PM)
I saw you post asking the same questions in Mr Spencer's wall lol. Its PER talk right? Theres this talk about PER talk given in Sentral last year. This year in Evergreen huh.
Hows the registration going?
*
blush.gif what's ur name on fb? tongue.gif

he did repeat my question in his P5 class

he asked people not to expect anything sweat.gif

free registration on 6pm in Evergreen
dreaming18
post Jul 15 2011, 04:05 PM

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QUOTE(notmycupoftea @ Jul 13 2011, 12:56 AM)
it can't be before result, as we don't know our results, how should we decide which paper to take for the sitting?

see important dates of ACCA
http://www2.accaglobal.com/students/acca/info/dates

i am really really super super super shocked stunned speechless seeing the dates
our standard exam closing date used to be 15 Oct/ 15 April, i don't know why now i saw the dates are 8 Oct/ 8 April.

the early exam entry closing date is 8 Sept/ 8 March.

and next year, for P papers, if pay the exam fees after the early closing date but b4 standard closing date, is £94 per paper. ow...guys and girls, faster finish all ur papers in this coming Dec 2011 sitting  rclxub.gif
*
what do u mean by after the early closing date but b4 standard closing date???
~Mew~
post Jul 15 2011, 07:21 PM

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QUOTE(tzxsean @ Jul 15 2011, 01:55 PM)
blush.gif what's ur name on fb?  tongue.gif

he did repeat my question in his P5 class

he asked people not to expect anything  sweat.gif

free registration on 6pm in Evergreen
*
J.... XD

Oh...swt. Maybe he is trying to emphasize on it again. Thats why. Oic.
TSnotmycupoftea
post Jul 15 2011, 11:16 PM

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QUOTE(dreaming18 @ Jul 15 2011, 04:05 PM)
what do u mean by after the early closing date but b4 standard closing date???
*
tat 94 pounds for Professional papers is applicable in 2012, means u pay after 8 Sept/ 8 March but before 8 Oct/ 8 April.

Eg:

for June sitting, u pay in the period between 9 March to 8 April 2012, then u will have to pay for the new increased exam fees like:
Knowlege papers- £64
Fundamental papers- £80
Professional papers- £94
tzxsean
post Jul 16 2011, 01:51 AM

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QUOTE(~Mew~ @ Jul 15 2011, 07:21 PM)
J.... XD

Oh...swt. Maybe he is trying to emphasize on it again. Thats why. Oic.
*
lol...they did prepare fried bee hoon singapore style, sandwiches and smtg else
which I did not eat at all
cos i ate b4 i went there doh.gif

by the way the PER thing is really complicated sweat.gif

p/s: so many J le...can more specific ah? blush.gif


hurly
post Jul 16 2011, 07:28 AM

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i know i try to read about the PER. quite complicated. now thinking if I should only apply to the acca approved employer.
TSnotmycupoftea
post Jul 17 2011, 08:51 PM

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for June 2011 exam, the answers are available on accaglobal.


Xeniouz
post Jul 17 2011, 10:14 PM

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QUOTE(notmycupoftea @ Jul 17 2011, 08:51 PM)
for June 2011 exam, the answers are available on accaglobal.
*
i don't feel like having a look at the answers.. i have a feeling that i will fail P1 coz i only managed to answer 80% of the questions.. the remaining 20% empty rclxub.gif it is better to just wait for the results.. less worries..

This post has been edited by Xeniouz: Jul 18 2011, 12:27 AM
hurly
post Jul 17 2011, 11:23 PM

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QUOTE(Xeniouz @ Jul 17 2011, 10:14 PM)
i don't feel like having a look on the answers.. i have a feeling that i will fail P1 coz i only managed to answer 80% of the questions.. the remaining 20% empty  rclxub.gif
*
I don't wanna look also. Then I will be depressed until results are out, and then depress somemore.
colleenlee
post Jul 17 2011, 11:27 PM

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QUOTE(hurly @ Jul 17 2011, 11:23 PM)
I don't wanna look also. Then I will be depressed until results are out, and then depress somemore.
*
i looked at the answers...but cant remember mine that well hmm.gif

for the timebeing, just wait for the results.
student2
post Jul 18 2011, 12:29 AM

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QUOTE(Xeniouz @ Jul 17 2011, 10:14 PM)
i don't feel like having a look on the answers.. i have a feeling that i will fail P1 coz i only managed to answer 80% of the questions.. the remaining 20% empty  rclxub.gif
*
QUOTE(hurly @ Jul 17 2011, 11:23 PM)
I don't wanna look also. Then I will be depressed until results are out, and then depress somemore.
*
QUOTE(colleenlee @ Jul 17 2011, 11:27 PM)
i looked at the answers...but cant remember mine that well  hmm.gif

for the timebeing, just wait for the results.
*
Unlikely our answers is going to be like the ones in the examiners answers. Their answers quite impossible to replicate within 3 hours and i doubt the examiner can finish writing that much in three hours also. So no point looking at it unless to use it as a guide to do PYQ.

Like you said just keep fingers crossed and wait for results better.

This post has been edited by student2: Jul 18 2011, 12:30 AM
Kel89
post Jul 18 2011, 09:30 AM

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Hey guys, i heard that we will get early bird discounts if we register for exam ONLINE only before sept is that true?

If so, how much discount? tongue.gif

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