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 ACCA V7, Global Body for Professional Accountants

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tzxsean
post Feb 11 2012, 12:34 AM

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QUOTE(muppet @ Feb 10 2012, 10:54 PM)
the share capital is ur pay up capital... u must cek in u memoranda of association..
most company pay up only rm 2....

so the pum in 50k is amaun owe director...


Added on February 10, 2012, 10:56 pm

do not wrong teach people!! must look at the ma 1 ma... maybe his pay up not 50k le...  smile.gif
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sry I really don't understand wad u mean

u can write in malay I can read it

he mentioned that

the shareholders each paid RM50k for 50k shares

therefore should be no issue of unpaid share capital

if solely based on his questions

p/s: I've consulted my fren who is very brilliant. and her comment is technically I'm correct but practically (in real life) muppet you are right

she is currently working in E&Y so I guess her answer should be pretty reliable

» Click to show Spoiler - click again to hide... «




p/s: next time if u guys wan ask questions pls write in full detail...pls dun rephrase in later stage it's hard for people to understand what you want to ask when the context can be changed totally when u leave out certain details

This post has been edited by tzxsean: Feb 11 2012, 12:51 AM
tzxsean
post Feb 11 2012, 12:54 AM

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QUOTE(noonies_naruto @ Feb 11 2012, 12:52 AM)
LOL.. i can't brain anything~~~

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

the day afterr... butfak day XD
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lol..canot brain oso need crack ur head

will help improve thought processing and reasoning of every debatable point biggrin.gif
tzxsean
post Feb 11 2012, 05:36 PM

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QUOTE(Xeniouz @ Feb 11 2012, 04:25 PM)
different from what i know..
from an auditor's perspective, if no bank statement is provided, it will be treated as amount due from directors because some people create dormant companies and issue a huge sum of share capital.. after banking in the money, they will photostat the amount in the bank book and withdraw the money.. photostatted bank book cannot be used as evidence, only genuine bank statement is reliable..
I'm a bit confused bout this part too
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hence i said technically I'm right for education purpose

in real life practise...it's much more complicated than wad we learn.

but to the extend of details given by the guy who asked this question

I can only say it's share capital rather than amount owing to director

should we look things from accountant's angle or auditor?

but then if it's real life scenario, we wouldn't really be fit to answer for him

since this is just a educational section for students

This post has been edited by tzxsean: Feb 11 2012, 05:40 PM
tzxsean
post Feb 11 2012, 06:46 PM

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1 hour difference only...aiya... no need make a fuss for it

get early - good result - happiness lasts longer
- bad result - disappointment ends earlier

get late - good result - happiness doubled as anxiousness cleared
- bad result - double disappointment laugh.gif
tzxsean
post Feb 11 2012, 07:44 PM

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QUOTE(Chanita @ Feb 11 2012, 07:28 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!
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i seriously advise u to drop one paper for this coming exam

f7 f8 have alot to study if you're 1st timer
tzxsean
post Feb 12 2012, 07:37 PM

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I wonder if I can sleep tonight
tzxsean
post Feb 13 2012, 01:28 AM

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oh no ...insomnia
tzxsean
post Feb 13 2012, 10:02 AM

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2-3 hours to go....gutted sad.gif
tzxsean
post Feb 13 2012, 10:54 AM

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i dun think it's a good morning laugh.gif
tzxsean
post Feb 13 2012, 01:00 PM

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time's up

anyone who got email pls inform us
tzxsean
post Feb 13 2012, 01:03 PM

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lol... i failed p7 cry.gif

only got 40

This post has been edited by tzxsean: Feb 13 2012, 01:05 PM
tzxsean
post Feb 13 2012, 01:08 PM

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QUOTE(Kh90 @ Feb 13 2012, 01:06 PM)
P7?

Omg.. Demotivated me to check d..
How is your p5??
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already I thought I do well but only 50

p3 that I thought im doomed got 51

shit p7
tzxsean
post Feb 13 2012, 01:12 PM

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better fail 2 than 1 i guess

but nvr I see this coming for p5
tzxsean
post Feb 13 2012, 01:21 PM

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this time around, cant share the happiness with you all sad.gif
tzxsean
post Feb 13 2012, 01:23 PM

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https://portal.accaglobal.com/Results_Login.html

try this link

tzxsean
post Feb 13 2012, 03:23 PM

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tempting to switch to p6 ..

but i dun have knowledge of f6 and lagging behind for the lessons for 1 month +
tzxsean
post Feb 13 2012, 03:32 PM

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^ why dun switch to other paper?
tzxsean
post Feb 13 2012, 03:54 PM

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QUOTE(Kriish @ Feb 13 2012, 03:35 PM)
Actually my first time taking P4. Got 41, which is kinda okay I guess, considering before this I was taking P7, and was working in the audit line, but kept failing P7 despite being confident and all.

Probably give P4 one more shot at it. If cannot means totally give up. Besides I'm more into the IT line nowdays, gave up accounting as a whole.  laugh.gif
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still have p5 or p6 let u choose...
tzxsean
post Feb 14 2012, 05:33 PM

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QUOTE(ks_fruits @ Feb 14 2012, 05:01 PM)
Spencer cheah teaching P1? where??? in KL??? I would like to join his P1.... i pass P2 after joining his class once...
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eh no...i typed wrongly

i mean p2

This post has been edited by tzxsean: Feb 14 2012, 05:33 PM
tzxsean
post Feb 14 2012, 06:50 PM

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QUOTE(ks_fruits @ Feb 14 2012, 06:05 PM)
P1 & p3 who u join???
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p1 - khor seng cheong

p3 - goh hock seng / joey wong (revision class recommended)


Added on February 14, 2012, 7:19 pmI've decided to jump ship from p7 to p6 in sentral

after discussed with spencer and partly due to high passing rate in sentral

This post has been edited by tzxsean: Feb 14 2012, 07:19 PM

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