A question.

Supposedly an invoice were issued to you for traveling expenses in Jan'11.
The supplier was paid in Feb'11.

What is the transactions like ?

Is this correct :

Invoice:
Dr Traveling Exp
Cr Supplier

Payment:
Dr Supplier
Cr Bank

Kindly advise, thanks

Just scared me also some more say free gift? I was struggling for points for that 12 marks!

Ooo.. when's the last day?

Well... I've only passed one paper so far. I'm still stuck at F stage and there's the P stage I have to finish off too. I've been on this for nearly 4 years (including the one time for failed payment  ). My parents are getting worried. My family have always had high expectations on me. I hate it. What did I do to create this perception that I'm a good student? I've always been an average student. 
Nearly took a degree. My parents advised against taking the "unknown" degree because the university's poor reputation. They are expecting me to complete my ACCA and move to Australia/New Zealand.

I want to succeed, but clearly my failures are letting me down at the moment. I'm really worried about my age at the moment.
Here's the "messed-up" part. My diploma qualifies me for huge exemptions in CIMA. I'm only required to sit for 3 professional papers in CIMA, plus the practical of course. 

The reason I opted for ACCA is because many people said its has better prospects compared to CIMA. 
I'm 24 and I've only passed one paper. I'm still stuck in the F-stage. So, what do you say about me? Disaster?
Well, arrogant Malaysian employers will ask you,  "What took you so long?".
Nope. Just started. Anyone who tried spotting for F5 questions will probably end up crying. 

If I'm not wrong ACCA is recognized in Australia. Just that preference will be given to CPA graduates.

Are you currently working?
Why MMU? 

MMU degree is equivalent to all accounting degrees of IPTAs and DIRECTLY recognised by MIA.  No need for professional exams.

Once admitted into MIA, you are a recognised Accountant, call yourself an Accountant, look for Accountant posts and start your climb up the corporate ladder!

You can start your own Audit/Accountant firm also. (Of course, passing the interview)

ACCA is recognised in Australia. Always look at the Australian immigration policy, then you will know.

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Added on December 6, 2011, 3:02 pm
Sometimes people get the wrong interpretation from Wikipedia. Wikipedia says A but we think that it's B.

Accounting profession is not regulated in Aust. Anyone can become an accountant, trust me. The question of to practice or cannot practice is totally out.

However most employers still prefer you to be professionally qualified even though you're qualified from other non australian bodies. Local working experience walk the talk & NOT where you're qualified from.

You taking P5 and P6? Are you student from sunway?

anyone has any idea how to revise for calculations part in P5?

just read past years or read the works done in normal class as well?

but i scare like hell la...
lol...dun feel like revise the non-calculation part already

but im not steady in calculations

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Added on December 7, 2011, 3:56 pmbtw...
the annual equivalent CF right ... the cost of investment is different each year by using NBV of project? or just the initial cost?

for the top part

no la... im talking bout Annuity Depreciation la

the ( annual equivalent CF - imputed interest ) formula

im saying the annual equivalent CF stays the same every year

while imputed interest is different

GG man..

2 SOFP & 1 CASH FLOW all cannot balance ( few thousand differences)

Q4 & 5 dont even know how to start    (except Q4 a)

lets relax!!

月亮代表我的心-考试深情版

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Added on December 7, 2011, 8:02 pmi nvr balance any financial statements in F7 and P2 (balanced but im sure wrong bcos i left out few adjustments) during exam

but still able to pass

dun worry too much about balancing

I am a hot chic....I am all yours

q4
can use building block again
improvement on reward system
use Dimension, Standard and Reward 

anyone went to Open Tuition forum for the discussion of p5?

so shocked that so many ppl bashing Alex Watt



p/s: I also realised more n more mistakes of mine in q1 19m 

i ignored the government grant thing....

My advice...I think you guys shouldn't discuss the exam anymore AFTER the exam is over. What is over is over, you can't change the answers anymore. Just take it steady, relax & enjoy before the results are out.

ntg to do mah
at least develop some expectation over it  

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Added on December 9, 2011, 10:40 am

there got ppl talk bout credibility of ACCA oso liao

like it's getting out of hand 

at least i dun think the other paper performance will affect my other

feel like slacking for 1 more day 

im quite lucky

every sitting

the questions turned out to be easier than previous sitting 

thats why I told notmycupoftea that I'm VVIP of ACCA