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 ACCA V7, Global Body for Professional Accountants

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Kh90
post Nov 14 2011, 09:13 PM

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Received my exam docket today and study mood is on!

Any focus area for p5 and p7? Because I'm doing self study, .
Kh90
post Dec 1 2011, 12:25 AM

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QUOTE(tzxsean @ Nov 30 2011, 11:20 PM)
im sure this sitting Alex Watt and Lisa Weaver will set it easier because I'm taking both of them  laugh.gif
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I took last sem p5 and p7 as well, failed both at marginal mark.. Haih.. And hopefully this sem easier as u said..

Good luck!!
Kh90
post Dec 1 2011, 01:07 AM

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QUOTE(liez @ Dec 1 2011, 12:36 AM)
Guys I want to take accounting course next year. can I know:-

1) to do ACCA, is it that I need to do CAT first and if yes, where can I get the cheapest but good & effective CAT course?
2) where can I get cheap and good ACCA course? I last heard that UTAR provide ACCA course thats not too expensive as well.
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I'm the one taking CAT for the first year then get exemption for f1 f2 f3 in acca, ..
For me, I feel that with cheapest course, definitely they will provide lesser time of lecture and u need more on your own study to properly understand the course. For CAT, maybe u can choose cheapest course which provided by any tuition centre, but till acca , u need put in more effort compared to cat.
Kh90
post Dec 1 2011, 07:57 PM

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QUOTE(nick67 @ Dec 1 2011, 10:56 AM)
Kasturi is pretty cheap. or can try elitejaya also. both much cheaper than sunway! sunway uni now increase the resource fee from 300 to 400 sad.gif..And the tuition fees all also increased already..
BTW, seniors...is it possible to pass f7 based on calculations alone? I hear so many seniors who passed saying just focus on q1,2 and 3 is enough to pass.. rclxub.gif
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I passed my f7 by doing q1 to q3 only.. I get 58 out of 75 if I not mistaken. Hehe


Added on December 1, 2011, 8:00 pm
QUOTE(colleenlee @ Dec 1 2011, 04:09 PM)
p2 relatively normal(on easier sides)?
too much to study
retake the subject...sighh!~~
rclxub.gif
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Passed p2 last sitting with 50 marks! God blessed! May luck with me this sitting too!

This post has been edited by Kh90: Dec 1 2011, 08:00 PM
Kh90
post Dec 1 2011, 11:16 PM

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QUOTE(nothingz @ Dec 1 2011, 10:21 PM)
i self studied F7 and i passed too but that was few years back, try to practise more past year questions, increase your chance of passing
don't scare the others la. i am so damn confident that i can pass p5 and p7 this time
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Woah.. So confident!

Mind to share any technique for p5 n p7? Cuz I'm taking the same papers this time. Hehe
Kh90
post Dec 1 2011, 11:51 PM

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QUOTE(nothingz @ Dec 1 2011, 11:38 PM)
nothing much to share,  just read notes, practise on revision kit/past year questions. i am aiming to pass only not for world/malaysia prize, not really that difficult
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But I failed both last sitting. cry.gif

I also aiming pass only, but fail marginally.. cry.gif
Kh90
post Dec 4 2011, 06:41 AM

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QUOTE(tzxsean @ Dec 4 2011, 03:34 AM)
audit risk = inherent risk x control risk x detection risk

inherent risk x control risk = business risk

business risk causes possibility of misstatement in financial statement

and at overall level... audit risk is the risk that auditor express wrong opinion

p/s: if it's wrong pls correct me ty  wink.gif
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Correct you something.

Business risk is cause the impact to the business not to be going concern, example fall in revenue, liquidity problem.

The misstatement in financial statement is financial statement risk.

Don't confuse it cuz I failed last sem cuz of this! For Financial statement risk question, everything must relate back to financial statement whether understated , overstated or misstated. For going concern issue in fs risk, is discuss the preparation of fs may fail going concern assumption as ias 1..

You will find the difference of the going concern issue answer for business risk and financial statement risk.

Audit risk is the risk that auditor may issue an invalid audit report.. Is invalid, not qualified only..
Kh90
post Dec 6 2011, 09:18 AM

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QUOTE(starz92 @ Dec 6 2011, 08:43 AM)
those taking 4 papers is either
i) really confident and well prepared
ii) they failed one of the paper previously then taking it together with the 3 paper in this sitting.(they are probably just taking a high risk gamble)

anyway, good luck for your four papers
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One of my fren taking 4 p papers plus doing OBU , sounds crazy? rclxub.gif
Kh90
post Dec 10 2011, 09:50 AM

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QUOTE(ken2291 @ Dec 10 2011, 07:33 AM)
doh.gif  poor guy.  ya, my senior says optionals are insane.  btw, how did you do for P1?  I can't seem to score enough marks. It's like writing a lot but then marks allocation is little
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For p1, actually is quite easy .

What u need to do is read the requirement properly , because lots go my fren fail due to out of topic.
Kh90
post Dec 13 2011, 08:43 PM

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How was p2 today? Anyone took this sem?
Kh90
post Dec 13 2011, 09:57 PM

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How abt current issue q5? I heard that revenue high chances coming out this sem, is that correct?
Kh90
post Feb 13 2012, 01:06 PM

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QUOTE(tzxsean @ Feb 13 2012, 01:03 PM)
lol... i failed p7 cry.gif

only got 40
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P7?

Omg.. Demotivated me to check d..
How is your p5??
Kh90
post Feb 13 2012, 01:10 PM

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QUOTE(tzxsean @ Feb 13 2012, 01:08 PM)
already I thought I do well but only 50

p3 that I thought im doomed got 51

shit p7
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Acca is kind to you.. I'm taking p7 and p5, omg!!!
Kh90
post Feb 25 2012, 12:25 AM

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hi, anyone know p5 syllabus got any changes from the previous sitting?

thanks in advance!
Kh90
post Feb 26 2012, 11:14 AM

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QUOTE(faradie @ Feb 25 2012, 10:09 AM)
If u seriously want to pass P5 show the commitment to find out yrself. Now you know why u failed before?
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Now I'm finding myself, or else I won't post here and ask..

My post just for those knowing and willing to share.. It's ok if u don't know..

Thanks

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