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 ACCA V7, Global Body for Professional Accountants

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TSnotmycupoftea
post Aug 15 2011, 11:09 PM

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QUOTE(student2 @ Aug 15 2011, 08:58 PM)
Can students apply for exam entry before exam results?

If no; what is the reason for the prohibition?

I find it a hassle as students sit for new classes and then after results are out; all your effort for studying and revision will go to waste as you need to resit your failed papers.
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ACCA will give u option to register which papers 4 exam according to ur result.

Eg:
Ali took F7, F8 and F9 in June 2011 exam. currently he's doing P1, P2 and P3. if ACCA allows him to apply exam entry b4 exam results release, he would register P1, P2 and P3 for exam.

What if he fails F8 and F9? can he still take P1, P2 and P3 in Dec 2011 and left F8 and F9 behind?

we all know that, ACCA has rules that "Papers must be taken in line with the module order. If your status allows you to enter for papers across modules, please remember that you must complete the papers in order and enter for outstanding papers in your current module if you wish to enter to sit papers in the next module."

So, Ali has no choice but to resit F8 and F9 before taking any professional papers.
student2
post Aug 15 2011, 11:45 PM

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QUOTE(notmycupoftea @ Aug 15 2011, 11:09 PM)
ACCA will give u option to register which papers 4 exam according to ur result.

Eg:
Ali took F7, F8 and F9 in June 2011 exam. currently he's doing P1, P2 and P3. if ACCA allows him to apply exam entry b4 exam results release, he would register P1, P2 and P3 for exam.

What if he fails F8 and F9? can he still take P1, P2 and P3 in Dec 2011 and left F8 and F9 behind?

we all know that, ACCA has rules that "Papers must be taken in line with the module order. If your status allows you to enter for papers across modules, please remember that you must complete the papers in order and enter for outstanding papers in your current module if you wish to enter to sit papers in the next module."

So, Ali has no choice but to resit F8 and F9 before taking any professional papers.
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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?
hurly
post Aug 15 2011, 11:53 PM

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I agree that ACCA sometimes have weird policies but I think they are trying to accommodate themselves rather than students. I don't like the new timetable. Luckily I have passed some papers.

But ACCA studies in UK do start after result. Rarely before result from what I heard.
tzxsean
post Aug 16 2011, 12:17 AM

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QUOTE(student2 @ Aug 15 2011, 11:45 PM)
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?
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still
u have to learn how to crawl before u can walk

u muz remember
after grad from ACCA, u will bear great responsibilities as professional accountant

ACCA will not take gamble and affect its reputation because the affiliates are not competent

there's an order to things..u cant just skip it
student2
post Aug 16 2011, 12:42 AM

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QUOTE(tzxsean @ Aug 16 2011, 12:17 AM)
still
u have to learn how to crawl before u can walk

u muz remember
after grad from ACCA, u will bear great responsibilities as professional accountant

ACCA will not take gamble and affect its reputation because the affiliates are not competent

there's an order to things..u cant just skip it
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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.

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.

This post has been edited by student2: Aug 16 2011, 12:48 AM
tzxsean
post Aug 16 2011, 12:50 AM

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QUOTE(student2 @ Aug 16 2011, 12:42 AM)
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.
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they give you exemptions as they see fit that you already gained the knowledge in ur previous studies

and relating to the issue u talking about

how can one person see fit about you taking advanced level paper when you cant get at least 50% of the marks in

fundamental paper? furthermore, not everyone is given the same amount of exemption

it seems you're not willing to accept others explanation

as u think you're superior

so why don't you contact ACCA and tell them ur point instead of wasting ur precious time here? biggrin.gif

if not...you can establish your own accounting body next time

which you can set any rules and policies u wan? thumbup.gif

and as for the accountant issue

IAS and IFRS is going to be adopted in Msia soon

therefore it's better if you passed your ACCA paper accordingly

you will have advantage as those accountants will find it harder to adopt the standards

in b4 /k style u tak suka u keluar

This post has been edited by tzxsean: Aug 16 2011, 01:03 AM
chiahau
post Aug 16 2011, 12:50 AM

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QUOTE(student2 @ Aug 16 2011, 12:42 AM)
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.
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Exemptions is only given to those who completed their degree or adv diploma only right?

Not all students get exempted right?

How does abortion and energy manipulation comes into this topic? Policies are set by policy makers who think it is the best for them and the rest. If you do have any Qualms, you should take it up with ACCA about how their policies are not being the best instead of ranting here?
TSnotmycupoftea
post Aug 16 2011, 01:08 AM

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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.


tzxsean
post Aug 16 2011, 01:11 AM

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QUOTE(notmycupoftea @ Aug 16 2011, 01:08 AM)
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.
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yes...somemore not all ppl get the same exemption

however if skipping is allowed

ACCA potentially might suffer reputation risk

it's different from skipping back then in primary school

ppl might question this
chiahau
post Aug 16 2011, 01:13 AM

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Quote :

Posted on: Jul 8 2011, 10:34 PM

Looking for misc. info is quite time-consuming.

I think should limit to acca tuition provider, lecturer and exam/study tips.

ACCA Misc. info explanation is a full time job. Should look for an ACCA counsellor. Posters here still need to spend time to study and we are not getting paid to do ACCA's work.

IMO, Goal here is to get past the exams, other matters should be discussed in a separate forum.


You previously posted, other matters should talk at different forum or page, maybe its time for you to open your own page and tell your story bro?
colleenlee
post Aug 16 2011, 01:14 AM

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ACCA only granted exemptions on the fundamental level. The number of exemptions is very well depends on the course structures of each colleges/universities. If i'm not mistaken, ACCA would evaluate the standard of the institutes' exam papers frequently whether it is up to their standard. Otherwise, no full exemption is granted.

However, given for an example of full exemptions in fundamental level, those college/universities grad still have to go through the remaining 5 papers. If one could not pass ALL 5 papers, the person is not a qualified accountant.

biggrin.gif
Xeniouz
post Aug 16 2011, 03:03 AM

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QUOTE(colleenlee @ Aug 16 2011, 01:14 AM)
ACCA only granted exemptions on the fundamental level. The number of exemptions is very well depends on the course structures of each colleges/universities. If i'm not mistaken, ACCA would evaluate the standard of the institutes' exam papers frequently whether it is up to their standard. Otherwise, no full exemption is granted.

However, given for an example of full exemptions in fundamental level, those college/universities grad still have to go through the remaining 5 papers. If one could not pass ALL 5 papers, the person is not a qualified accountant.

biggrin.gif
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what i heard from my previous lecturer is that ACCA has already started to insert some of the F level topics into P level papers.. he said that since there is an increasing number of universities that qualify for 9 papers exemption, ACCA is trying to insert the F level topics (which are not covered in these degree programmes) into P level papers.. like for last sitting for P3, there are a few number of topics already covered in F level being tested (eg. budgeting etc..).. better complete ACCA before the syllabus becomes thicker as time passes by.. sweat.gif
YH90
post Aug 16 2011, 10:22 AM

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QUOTE(student2 @ Aug 16 2011, 12:42 AM)
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. 

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.
*
It is not gambling when providing exemptions. There are procedures to follow when checking the syllabus of certain universities before granting exemptions. Note that not all institution are granted the maximum exemption of 9 papers. UniRazak I believe doesn't have the 9 paper exemption if I'm not mistaken. And after the exemption, there is still the 5 Professional Level papers. This ensures the quality of it's students and potential affiliates.

Some practicing accountants don't even need to take any professional qualification to be a member of MIA. IPTA degrees are already enough for someone to be a Chartered Accountant with enough working experience.


Tuan Muda
post Aug 16 2011, 02:21 PM

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who knows Mr Haneef?? he is leaving Malaysia next week.. gonna miss him lo
muppet
post Aug 16 2011, 02:54 PM

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QUOTE(Tuan Muda @ Aug 16 2011, 02:21 PM)
who knows Mr Haneef?? he is leaving Malaysia next week.. gonna miss him lo
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hanef yakob? he famous lecture for f7 p2... but vy boring his class.. i attend spencer chee class at ftms... easy understand... his notes using picture. see immediately understand.

he is quite funny and friendly also...

yuio789
post Aug 16 2011, 03:23 PM

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I wish there is a miracle on 22nd Aug. My heart beat 10 times faster than usual!!!
tzxsean
post Aug 16 2011, 04:24 PM

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QUOTE(muppet @ Aug 16 2011, 02:54 PM)
hanef yakob? he famous lecture for f7 p2... but vy boring his class.. i attend spencer chee class at ftms... easy understand... his notes using picture. see immediately understand.

he is quite funny and friendly also...
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oh i see
we are under same sensei

but im from penang
hope I can pass P2 this time

and get ready for spencer's p5 b4 exam
muppet
post Aug 16 2011, 05:27 PM

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QUOTE(tzxsean @ Aug 16 2011, 04:24 PM)
oh i see
we are under same sensei

but im from penang
hope  I can pass P2 this time

and get ready for spencer's p5 b4 exam
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wat is sensei??

sure u can pass p2.. good luck for exam

i wait f7 result

spencer teach p5 also meh? in kl he never teach p5...

spencer smart boy.. can teach everything.

some more quite cute.. is he married? hmm.gif
shiloong7081
post Aug 16 2011, 08:05 PM

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QUOTE(muppet @ Aug 16 2011, 05:27 PM)
wat is sensei??

sure u can pass p2.. good luck for exam

i wait f7 result

spencer teach p5 also meh? in kl he never teach p5...

spencer smart boy.. can teach everything.

some more quite cute.. is he married?  hmm.gif
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HAHAHA i think he reads this forum occasionally as well.
colleenlee
post Aug 16 2011, 08:33 PM

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QUOTE(muppet @ Aug 16 2011, 05:27 PM)
wat is sensei??

sure u can pass p2.. good luck for exam

i wait f7 result

spencer teach p5 also meh? in kl he never teach p5...

spencer smart boy.. can teach everything.

some more quite cute.. is he married?  hmm.gif
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sensei....meaning: same lecturer in this case.

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