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 ACCA V7, Global Body for Professional Accountants

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bluephoenix87
post Nov 2 2011, 07:33 PM

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QUOTE(Knight_2008 @ Nov 2 2011, 07:12 PM)
can.
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Thanks. laugh.gif
colleenlee
post Nov 2 2011, 08:47 PM

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QUOTE(Doreamon10 @ Nov 2 2011, 11:08 AM)
I go chapter by chapter, after attending class and reading up on notes, i chose a question on that topic to attempt. I did the question opened-book. I know that i cannot refer to the book during exam but it is at least a start for me. If not I will never get started. I have a very kind lecturer who has been helping me to mark my essay questions.
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ohh, my lecturer marks my answers too. i did them at the beginning. then slowly, i'm getting lazy.

Doreamon10
post Nov 2 2011, 08:50 PM

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QUOTE(colleenlee @ Nov 2 2011, 09:47 PM)
ohh, my lecturer marks my answers too. i did them at the beginning. then slowly, i'm getting lazy.
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Lol. Please don't waste your lecturer's past efforts. Start doing again. : )

Too bad the lectures going to end next week. No more chance for him to mark. : (

I have to rely on myself thereafter by going through the examiner's answers which are hard to digest..haha

We work hard together! Gambade! : )
tzxsean
post Nov 2 2011, 11:40 PM

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you all are so hardworking

im a slacker hahaha
TSnotmycupoftea
post Nov 3 2011, 12:55 PM

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QUOTE(colleenlee @ Nov 2 2011, 08:47 PM)
ohh, my lecturer marks my answers too. i did them at the beginning. then slowly, i'm getting lazy.
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lol. i was like that last time, after doing my 1st homework, the subsequent homework all did not do.
then during exam time, having a super hard time to develop a complete answer for every question laugh.gif
Doreamon10
post Nov 3 2011, 03:58 PM

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Hi brothers and sisters, I have just discovered something interesting about one particular lecturer. Joe Fang who teaches F7 and P2. He teaches in KL(KSA), JB(crescendo) and Singapore(Kaplan).

Wow, he is a superman as in he flies here and there every week? lol

I did a search on him because i will be taking P2 next Jan. Is he really that good that he is in such high demand?

Anyone can give some feedback?

Thank you in advance!

This post has been edited by Doreamon10: Nov 3 2011, 03:58 PM
jyhappy
post Nov 3 2011, 06:34 PM

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QUOTE(Doreamon10 @ Nov 3 2011, 03:58 PM)
Hi brothers and sisters, I have just discovered something interesting about one particular lecturer. Joe Fang who teaches F7 and P2. He teaches in KL(KSA), JB(crescendo) and Singapore(Kaplan).

Wow, he is a superman as in he flies here and there every week? lol

I did a search on him because i will be taking P2 next Jan. Is he really that good that he is in such high demand?

Anyone can give some feedback?

Thank you in advance!
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I went for his F7 class do not really like his class.
His method is very good, but the way make me understand IAS is not enough good.
I prefer go Navzar Class, although is boring but i more understand the IAS.


Added on November 3, 2011, 6:35 pmelitejaya P3 revision Machael Mainwaring
19-21 Nov 2011 10-5pm RM400
my friend cannot go and interested sell away the seat
if anyone interested pls pm or email jyhappy@gmail.com
Thank You.

This post has been edited by jyhappy: Nov 3 2011, 06:35 PM
Irresistible
post Nov 4 2011, 06:28 AM

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About DEFER TAX.

i)Goodwill is not allowable for tax purposes. Tax base = carrying amount. No defer tax . WHY ?

ii) Other Intangible assets were development costs which were all allowed for tax purposes when the cost was incurred in 20x5.
Tax base = NIL. Arise defer tax. WHY ?

Thanks guys notworthy.gif notworthy.gif notworthy.gif
joekaifeng
post Nov 4 2011, 10:53 AM

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QUOTE(Doreamon10 @ Nov 3 2011, 03:58 PM)
Hi brothers and sisters, I have just discovered something interesting about one particular lecturer. Joe Fang who teaches F7 and P2. He teaches in KL(KSA), JB(crescendo) and Singapore(Kaplan).

Wow, he is a superman as in he flies here and there every week? lol

I did a search on him because i will be taking P2 next Jan. Is he really that good that he is in such high demand?

Anyone can give some feedback?

Thank you in advance!
*
haha he is not the only lecture flying here and there. some even went to HK, Harbin and other places...
i attended Joe Fang's F7 lectures before and i like his conso and publish a/c method. But i do agreed with jyhappy that joe fang doesn't cover adequately in IAS (IMO)...

btw before i join ACCA, i have no accounting background. That's why i'm used to joe fang conso method. My friend from LCCI is quite confused with his conso method because it is different from what he learned in the past=)
Doreamon10
post Nov 4 2011, 03:11 PM

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QUOTE(joekaifeng @ Nov 4 2011, 11:53 AM)
haha he is not the only lecture flying here and there. some even went to HK, Harbin and other places...
i attended Joe Fang's F7 lectures before and i like his conso and publish a/c method. But i do agreed with jyhappy that joe fang doesn't cover adequately in IAS (IMO)...

btw before i join ACCA, i have no accounting background. That's why i'm used to joe fang conso method. My friend from LCCI is quite confused with his conso method because it is different from what he learned in the past=)
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Hi guys! Thank you for your feedback! : )

This post has been edited by Doreamon10: Nov 4 2011, 03:12 PM
tzxsean
post Nov 4 2011, 07:25 PM

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QUOTE(Irresistible @ Nov 4 2011, 06:28 AM)
About DEFER TAX.

i)Goodwill is not allowable for tax purposes.  Tax base = carrying amount.  No defer tax .  WHY ?

ii) Other Intangible assets were development costs which were all allowed for tax purposes when the cost was incurred in 20x5.
Tax base = NIL.  Arise defer tax.  WHY ?

Thanks guys notworthy.gif  notworthy.gif  notworthy.gif
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when tax base is different from carrying amount

there will be temporary difference

and by multiply with tax rate

it will become either deferred tax asset or deferred tax liability
starz92
post Nov 6 2011, 07:36 AM

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Is the exam docket printable from myacca already? my lecturer said ready d but i can't find it anywhere.
searcher1106
post Nov 6 2011, 09:03 AM

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QUOTE(Irresistible @ Nov 4 2011, 06:28 AM)
About DEFER TAX.

i)Goodwill is not allowable for tax purposes.  Tax base = carrying amount.  No defer tax .  WHY ?

ii) Other Intangible assets were development costs which were all allowed for tax purposes when the cost was incurred in 20x5.
Tax base = NIL.  Arise defer tax.  WHY ?

Thanks guys notworthy.gif  notworthy.gif  notworthy.gif
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1) ur CA=tax base,as goodwill is a specific example of not creating any temporary difference,it's noted clearly in ur textbook oledi..no temp difference,means there will be no any deferred tax asset/liabilities..

2)Development costs are taken up by IRB as cash outflow in 20x5,only in 20x5,the amount will be the same like the original cost..but CA will be different as we adopt amortisation cost method,CA>TB in the later years,taxable temp diff X tax rate= DTL..

sorry for any mistakes i made..hope it helps la..
shirley_andy
post Nov 6 2011, 09:22 AM

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they'll still send us a copy of exam docket via post or now everyone have to print from myACCA instead?

anyway anyone passed OBU in September? have you received the physical cert sent via post yet?

This post has been edited by shirley_andy: Nov 6 2011, 10:17 AM
shirley_andy
post Nov 6 2011, 10:15 AM

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QUOTE(starz92 @ Nov 6 2011, 07:36 AM)
Is the exam docket printable from myacca already?  my lecturer said ready d but i can't find it anywhere.
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at your myACCA account, click exam entry, then click download docket
starz92
post Nov 7 2011, 09:13 PM

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QUOTE(shirley_andy @ Nov 6 2011, 10:15 AM)
at your myACCA account, click exam entry, then click download docket
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got that. Thanks


Added on November 7, 2011, 9:15 pmRecently i have been invoiced with an exemption fees for f1,f2 and f3. According to my lecturer, there's no need for me to pay the fees as i was transferred from CAT. so i am wondering if there's some misunderstanding.Should i email acca or send them enquiry using acca connect?

This post has been edited by starz92: Nov 7 2011, 09:15 PM
tzxsean
post Nov 8 2011, 01:00 AM

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QUOTE(starz92 @ Nov 7 2011, 09:13 PM)
got that. Thanks


Added on November 7, 2011, 9:15 pmRecently i have been invoiced with an exemption fees for f1,f2 and f3. According to my lecturer, there's no need for me to pay the fees as i was transferred from CAT. so i am wondering if there's some misunderstanding.Should i email acca or send them enquiry using acca connect?
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acca connect or email oso can la yawn.gif

sometimes something no need to ask here one ma if unsure

This post has been edited by tzxsean: Nov 8 2011, 01:00 AM
starz92
post Nov 8 2011, 08:55 AM

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QUOTE(tzxsean @ Nov 8 2011, 01:00 AM)
acca connect or email oso can la  yawn.gif

sometimes something no need to ask here one ma if unsure
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wanted to check which one have better response time ma. the last time i emailed them they replied last day before deadline and the last time i used acca connect, they never even reply.
my last resort will be calling them doh.gif
s0ng88
post Nov 8 2011, 03:50 PM

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Guys.. Besides inti college, do u know where are the institutions Michael manwaring giving out p3 revisions?
Doreamon10
post Nov 8 2011, 05:38 PM

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QUOTE(s0ng88 @ Nov 8 2011, 04:50 PM)
Guys.. Besides inti college, do u know where are the institutions Michael manwaring giving out p3 revisions?
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I am sorry if i offend but i think this Michael manwaring is crap....sorry..my own opinion.

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