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 ACCA V7, Global Body for Professional Accountants

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noonies_naruto
post Feb 8 2012, 02:36 PM

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QUOTE(nujikabane @ Feb 8 2012, 01:35 PM)
Does anyone have an audit working paper?

It is like a job sheet, where we have to answer the questions in the paper, to justify the things that we will be looking at, and the audit that we have done.

Would appreciate it if somebody could share it here smile.gif
*
i can guarantee you that you don't have to go THAT far to answer for exams~
noonies_naruto
post Feb 8 2012, 03:36 PM

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QUOTE(nujikabane @ Feb 8 2012, 04:19 PM)

LOL I am already working. But sadly, my company does not have an audit working paper.
So it is hard to make sure that all the necessary audit for Financial Statements/balance sheet have been done properly.
*
oohh like that one.. well i'm pretty pretty sure lecturers especially audit ones will have those for their own personal safekeeping, be it legal or illegal whistling.gif

at least my lecturer had some of those before and did tell us she can't copy it for us sweat.gif
noonies_naruto
post Feb 8 2012, 06:26 PM

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13 feb is on mondayy~~

get readdyyyy yeehaawww!
noonies_naruto
post Feb 8 2012, 08:33 PM

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i also no take spm meh.. no prob laa.. not dat i wanna say i hebat, but really its not that big of a deal.. dun worry at all

and btw, CAT already eliminate laa.. no more CAT. now starters have to start with Foundation in Accountancy (FIA) ... and i dont hav the slightest clue how dat works.. coz i also from CAT straight ACCA. no dip, no deg,

but ACCA is always the same.. no change like one i mentioned.. only that, if you come from degree, u dont hav to do F papers.. after grad from deg, straight away do P papers.. IMHO, its SAFER to do degree first. slightly longer route but okay also laa.


noonies_naruto
post Feb 8 2012, 10:41 PM

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i wish i studies in sunway...

why tuition fee can pay for car d/p one sad.gif

cuci mata mesti syiok ah!
noonies_naruto
post Feb 11 2012, 12:52 AM

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LOL.. i can't brain anything~~~

anyway, goodluck resulttttttt... today saturday... tomorrow sunday...

the day afterr... butfak day XD
noonies_naruto
post Feb 11 2012, 01:14 AM

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QUOTE(tzxsean @ Feb 11 2012, 01:54 AM)
lol..canot brain oso need crack ur head

will help improve thought processing and reasoning of every debatable point biggrin.gif
*
well at the very least not at this kinda momentt tongue.gif no wayyyyy...

will get serious once its all out... this mondayy~~
noonies_naruto
post Feb 12 2012, 12:07 AM

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QUOTE(Chanita @ Feb 11 2012, 08:28 PM)
HI GUYS...I need serious advice. I'm planning on sitting for the F7, F8 & F9 papers this June 2012...which is the best way to study ...time factor so I'm unble to attend classes.

Thanks!
*
if say, u have no other choice but to take 3, go n check time table.. min 3-2 days gap not so bad..

I'd say 2 months before finals you have to put your heart into it.. do lots of questions especially past years because similar questions tend to roll again and again. and believe me, they really do. well, doesn't mean you can ignore your textbook.. still read laa..

I did past years for each of those papers for 3-5 rounds.. until everything get 'stuck' in my head.. get the pattern set..

F7: do lots of practice for consolidated accounts, cash flow, and those SOFP + SOCI.. these almost ALWAYS appear.. the 2 other questions must be touching on IASs. so read up on that. I remembered that i did a question on contract cost and the exact same pattern came out, so i find myself not needing to think hard on that and just put the numbers on place. exercises help.

F8: almost always, they will ask on assertions, so know your assertions for completeness, existence, valuation, cut off, etc and your substantive tests, recalculation, analytical procedures, vouching, tracing, inquiry, observation etc
and then got internal controls where u gotta comment and recommend improvement. and theres also question on ethics (audit threats)... u gotta cover the accounting cycles wages, nca, payables, receivables etc

F9: famous questions is on investment appraisal, so do the NPV table kinda questions lots of times. u usually need to carry out WACC calculations to calculate cost of capital, so master those kinda questions. foreign exchange also quite famous, so master those terms spot rate, average rate etc. dont forget how to account for inflation as well.

you must make time at least the last month before finals, and just continue on doing questions everyday. i'd recommend 3 days shift between the papers and not studying like a week for one paper, and then continue for another week for a diff. if like that, you'll find out at the end of the study period, u already forgot the earlier ones u studied.

hope it helps!

This post has been edited by noonies_naruto: Feb 12 2012, 12:09 AM
noonies_naruto
post Feb 12 2012, 01:09 AM

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QUOTE(MysticJewels @ Feb 12 2012, 02:00 AM)
Hie all. Would like to ask for opinion on P4.
Currently I am choosing my last paper , which is between P4 and P5 but i find P4 more challenging so I would like to try though many warned me,
I would like to ask which lecturers r good in P4, would like to attend part time classes,, preferable smaller classes where lecturer can concentrate more on students. TKS!!
*
waaa... never found someone so brave like you..

but i must say, P4 does have its advantages.. I'd say they shine a lot in banks particularly investment.

goodluck..

just so you know, P5 usually have highest passing rate among the Ps.. at least some time last year, it happened tongue.gif
noonies_naruto
post Feb 12 2012, 09:20 PM

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aiyaa.. regret looking at this thread... sudah kenaaa.. doh.gif

feel like mega_shok.gif

This post has been edited by noonies_naruto: Feb 12 2012, 09:21 PM
noonies_naruto
post Feb 13 2012, 02:41 AM

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mann... i should learn to man up for results!! should just sleep now rather than delaying my last moments ^^;

good luck everybody!
noonies_naruto
post Feb 13 2012, 10:49 AM

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good morrrninnggggg...


noonies_naruto
post Feb 13 2012, 02:51 PM

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hi guys. biggest dumbass reporting in..

i passed my p2 58 only.

p5 p7 fail. 40 and 45 aje..

so thats it... wtever... i cant describe my feelings right now..
noonies_naruto
post Feb 13 2012, 11:34 PM

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aiyaaa.. feel like crying when i see other people results..

congratz guys!
noonies_naruto
post Feb 13 2012, 11:55 PM

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QUOTE(caillech @ Feb 14 2012, 12:42 AM)

bro hug for u ....

user posted image
*
huaaaaaaaa cry.gif so touched


QUOTE(Neptern @ Feb 14 2012, 12:48 AM)
Don't feel so bad.I also repeat papers many times....

*
thanks~ will knock a lot of sense into myself!

noonies_naruto
post Feb 15 2012, 12:11 AM

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QUOTE(Yanngel @ Feb 15 2012, 01:00 AM)
Dear seniors, im in a dilemma now.. i wonder is ACCA sufficient or i shud consider continue on master as Tarc is offering master programme which sounds attractive to me.. smile.gif

Btw, im selling my p3 and p1 bpp n kaplan text.. pm me for details ya..
*
my aunt finished her masters and did her ACCA after that.. she still had to go through the pains of audit for the first couple of years before she found a place in bank negara.. that is if u wanna do audit also la. Anyway, her pay is RM7k in BN i think.. the other day she showed me her bonus it was about RM64k sweat.gif

now shes scheduled to move to UK under Bank Negara. Don't know if her masters had anything to do with that sweat.gif
but still, having Masters.. feels good if you have the chance to do so smile.gif
noonies_naruto
post Feb 16 2012, 11:46 AM

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QUOTE(M90 @ Feb 15 2012, 10:13 PM)
Guys, i failed P1 and P2 :'(
I have no idea why I failed P1 because when I got that paper and I thought it was way easier than P3. But I only got 45 marks for it. I'm so upset.

How to study P1 and P2? I need advice from you guys. Thanks.
*
hi there. P1 is all about reading. theres a whole lot of stuff to memorize but memorizing isnt good enough unless you know how to anticipate the pattern of questions. So do a lot of past years and exam revision kit. That will guide you on how to arrange your answers accordingly. And time management is totally important.

as for p2, i failed myself 1st seating. they key failure was over emphasis on calculations and i poorly scored 35 marks only cry.gif in fact nowadays, theoretical questions on standards IAS and IFRSs are bearing lot more marks than just calculation. Last seating i remembered theres only 30 marks for calculation and the rest for standards assuming u strike out the optional calculation question. also, P2 love to test new stuff. like when IFRS 9 came out, theres a whole 25 marks for that. they also like to test on issues with current accounting treatments, like weaknesses and such. i rectified my mistakes and got 58 this time. nothing much but its still something i can be proud of.


QUOTE(Cynox @ Feb 16 2012, 10:42 AM)
can't find a CAT thread, so i just asking around here - is there any crash/revision course for CAT student in KL (or best if in JB) area conducted by good lecturer?  Asking on behalf of a colleague.  Thanks.  smile.gif
*
i'm sorry but i think there is no more CAT. They have replaced it with FiA i think.

noonies_naruto
post Feb 16 2012, 07:17 PM

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QUOTE(keeting89 @ Feb 16 2012, 08:05 PM)
Hi everyone. I just got my p1 failed.
Just wanted some opinions in choosing between (p1, p2, and p3) or (p1, p6, and p7)

* i had passed my F6 and F8 and i think i do have the knowledge from both papers. And since im graduated from degree which with no ideas at all in those F papers except F6 and F8. So i think choosing P6 and P7 give lil bit advantage for me at least.

So, which sounds better for P1 to be squeezing into. (enrolled P2 and P3 this semester)

Thanks
*
I wouldn't say the same for P6. F6 level tax with P6 level tax are worlds apart. Ask your lecturer. or maybe sifu here can explain? from what i heard, p6 is crazy rclxub.gif

Time wise, if you do P1 with option p6 p7 is better. First, there is the gap. at least you will have the weekend and a few days until wednesday to prepare for P1. p123 is back to back and is such mental pain.

and then, theres the syllabus. There are internal control topic in P1 which could come in handy for P7. I think theres more to it than just internal controls.
noonies_naruto
post Feb 17 2012, 11:27 PM

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QUOTE(tzxsean @ Feb 17 2012, 11:51 PM)
anyway...i've dropped p7 and jumped ship to p6  rclxub.gif
*
aiyoo whyy? I could never do that.. P6 is crazyy.. way too many things to brain than P7 rclxub.gif
noonies_naruto
post Feb 18 2012, 10:48 AM

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QUOTE(tzxsean @ Feb 18 2012, 04:17 AM)
well...i only got 1 paper left...no harm trying smile.gif
*
haha if one paper aim for world prize la thumbup.gif

study like mad..

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