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?

J.... XD

Oh...swt. Maybe he is trying to emphasize on it again. Thats why. Oic.

Oh mai god it took me 20 mins to figure out the correct answer for a T1 question... And i'm having T1 T2 exams this weekend.. Hope everything will be okay = =" Any last minute study material/technique to share?       

Facing dilemma on which 2 optional papers to choose and so hoping to get some precious suggestions from fellow seniors... =(

Actually Im planning to go into audit line after graduate.. So does it add value to my resume if im taking p7 - AAA?? Or actually it makes no difference on which paper im taking as long im able to pass them and get my ACCA qualifications??

And, is it not encouraged to take P4 - AFM if my F9 is not excellent?

what you said did make sense.. Very helpful.. Thankyou..! =)

emm.. Another thing is regarding P5, which i heard that it is the easiest paper to pass, had u heard bout it??

the reason P4 is often regarded as a killer paper is because of the previous examiner who sets the questions.. he is already retired by ACCA - i'm not sure when.. but i think in these few sittings it should be easier even though it is still difficult..

for P5, it is like  P3 + F5.. from December 2010 onwards it is a theory based paper instead of computational.. questions could be based on your previous papers' knowledge.. i read the examiner's report and he said we should be confident enough to apply P3 and F5 knowledge in P5.. at the moment not many past year questions which are relevant could be attempted - only June 2011 and December 2010 (i think).. i might be wrong though.. u have to check through the ACCA website to see the questions and suggested answers for yourself..

Hi, i wanna ask,i'm currently studing cat in ptpl college in penang.
I want to further my studies in kl, which college did u guys recommend for me..........
I'm thinking of going to Sunway College,,, 

 

like the cheapest i heard for Sunway OBU is around RM4k, sometimes up to RM5k.
KSA students already have to pay RM3k+ for the OBU.
College Bandar is the cheapest i've heard, around RM1.8k.

what???!!! mentor fees woh!!! RM650??!?!!
how can that be possible??!!

then what's the pass rate for the OBU in Sentral?
in KL u can hear the lecturers said "100% pass rate" for OBU

no offence but a professional qualification is never like an ordinary business degree even if without P7.. there is a valid reason on why P7 is an optional paper..

the countries which require P7 to obtain ACCA practising certificate are UK, Republic of Ireland & Cyprus only.. and you have to take the specific variant of P7 for these countries.. for other countries, ACCA is silent on whether you should take P7 or not..

UK, ROI & Cyprus

Other parts of the world

nevertheless it is still advisable to take P7 if you intend to go for audit.. usually the recommended combination would be:
a. P6 & P7 - if you are sure that you want to enter audit/taxation field forever
b. P4 & P7 - you will have the choice of entering investment banking/ audit
c. P4 & P5 - if you do not wish enter audit at all (but some audit firms still do hire these candidates)

i think p5 and p7 is still okay.. when ur cv have p7, at least the employer knows that u have some knowledge in auditing.. audit is always a well sought after skill.. for p5 i'm not sure what value it will add to your cv..

unlike p5 and p6 which is a very odd combination.. p6 subject to changes in taxation laws making it quite irrelevant if u do not keep up to date as often as possible..

but in the end, working experience counts the most.. after coming out for work, the skills that you have developed will be the most crucial factor for success..

FYI the ACCA qualification without OBU is just a certificate; I would say that a certificate is even more inferior than a diploma.

ACCA is an institute not a university; therefore they cannot confer degrees.

OBU was introduced due to this reason among others.

Alot of local accounting institutes are slowly derecognizing ACCA because ACCA graduates lack reputable degrees.

Most of those who have reputable degrees would op to take ICAEW. ICAEW have more MRA's compared to ACCA.

There are reputable business degrees which are superior compared to ACCA's certificate; some to the extent that it is immediately recognized by a local accounting institute (i.e. NUS and NTU business/accounting degrees recognized by the CPA SG).

ACCA qualification is a mixture of business knowledge and accounting knowledge. Accounting knowledge is also part of business knowledge.

Most business degrees have accounting as a core requirement but not Audit. To study for ACCA is to study for Audit. Without Audit it's just like any other business degree's syllabus without the status.

So make sure you study audit because ultimately that is what you are taking ACCA for; to have the extra edge to practise as an auditor. I have seen alot people who takes ACCA and think otherwise; ultimately they drop the ACCA qualification and get involved in a regular commercial role (i.e. sales).

P/s: Don't ask me to cite my information as most of it is available in the respective accounting institutes, the internet and some deduction based on tacit knowledge. Also, my info might not be accurate to the dot so don't take it as a gospel truth.

tanks for the reply
but do we must take OBU to finish our ACCA?
for me i cant sit at home study tats why i keep failing my paper, tink if i stay at hostel can study harder.....
my few frens also studing at sunway... i'm really confused.... i want to study at sunway but the fees for ACCA is rm28000+

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Added on July 26, 2011, 7:39 pm
Congrats   

does it mean that our results will not be released on 22nd aug?? if so, when it is???

Not valid reason. Payment always can be amended, it is only a double entry.

I totally understand what you say but i don't think you get what i mean. Most likely their point of reasoning would be if you don't pass your fundamentals levels; you won't have enough knowledge, skills etc to do further papers.

BUT from students point of view; students would have wasted a reasonable amount of resources for ACCA's operating deficiencies and insensitive policies.

Also i could infer that ACCA is punishing you for your failures; it happens mostly IRL but come on we are students here; give us a break. Some mature students even have more profound constraints; so my point here is give us some flexibility.

If I were to fail here; i could always re-take it in a future semester? My question here is why insist in insensitive policies and waste student resources?

I do agree that some things have an order especially nature; but remember that policies are man made and man can also twist the order of things. For example; abortion and energy manipulation.  

Fallacious reasoning for competencies. If what you say is true then why ACCA grant exemptions? They are literally gambling on their reputation by awarding you with exemptions.

There are cases where there are practising accountants whom are not that academically inclined; are you suggesting them to be lesser accountants?

I will only reply if you have valid points. If not it ends here.

about the exemptions, i don't think ACCA is gambling on their reputation.
the maximum exemptions ACCA granted are only F1-F9, u still have to complete P1-P3, two from P4-P7.

some degree students who are F7 exempted, even have to take F7 class in order to cope with P2.
therefore, if the degree student is weak, surely he/she couldn't pass all professional papers.