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 ACCA V7, Global Body for Professional Accountants

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searcher1106
post Aug 22 2011, 05:44 PM

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passed p5 and p6..=)

searcher1106
post Aug 22 2011, 09:25 PM

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QUOTE(shirley_andy @ Aug 22 2011, 09:08 PM)
where did u study P5?


Added on August 22, 2011, 9:13 pm
so mcorange in KL is NOT Elitejaya, mcorange in KL is GreenCity, and Elitejaya in KL is near GreenCity but not same as GreenCity(McOrange)

rite?
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i'm tarc student..took tuition in kasturi for awhile under mr andrew pang,
but didnt continue coz i didnt understand his teaching method..
searcher1106
post Aug 23 2011, 06:56 PM

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QUOTE(colleenlee @ Aug 23 2011, 06:04 PM)
I plan to resit the subjects again for p2, p3 and p6 on fulltime basis. any comment/advice from those achievers?
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for p2,
1 do one sec b ques first..do q4 if u can,provided that u are familiar with the ED/DP..
2 then for conso,try to let go note that u cant do,instead of giving journal entry,u may give some explanations..
3 lastly,u should analyse the q2/3 properly,then discuss the prob of entry,what's the appropriate recognition criteria,
suggest what accounting standard to be applied and how..
4 for sec b,how many marks=how many points u should give..
5 must read technical articles..

for p3
1 the ques 1 is very lengthy and terrible to me..so i will start with one sec b ques first,choose the one u are most
confident with..
2 answers sometimes are in the ques itself,such as q4 dec 2010..the part (a) totally all come from ques..
3 u must have strong business knowledge to answer the p3 ques,try to practise the models into different business and must do past year ques to acquire more biz knowledge..
4 time management is crucial to lead u to a pass..

p6
1 study all topics..especially must revise back F6 stuff
2 dun focus too much time on past year ques,mostly are outdated..practise the recent sittings,and revise the pilot paper,yet coming out..
3 must read technical articles(esp from this new examiner),ques has been set from the article
4 write relevant points,dun bullshit what u know,try to think like what client want to know from u..
searcher1106
post Aug 27 2011, 01:02 AM

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QUOTE(notmycupoftea @ Aug 26 2011, 10:51 PM)
so that Mr. Yeoh is the lecturer who produced prizewinner for P3 few sittings ago?
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yeah..his notes+his teaching style is good..=)
i was his student..
searcher1106
post Aug 28 2011, 11:15 AM

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QUOTE(notmycupoftea @ Aug 27 2011, 11:56 PM)
he only teaches IRC or also normal classes?
when i saw the Tarc IRC fees ah, i was so shocked, even more expensive than Sunway College.
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actually he is the main lecturer for this paper,there's another 2 lecturers for p3 actually(normal class)..
but i only under him and another female lecturer b4..
so he teach both normal class and IRC..

actually even the normal class fee also quite cheap one,it's around 400/500 for one subject,
depending on the credit hour..i thot sunway fees is higher?

i strongly recommend students to go for his class,he is quite frenly

This post has been edited by searcher1106: Aug 28 2011, 10:41 PM
searcher1106
post Aug 28 2011, 11:47 PM

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QUOTE(notmycupoftea @ Aug 28 2011, 11:05 PM)
i mean Intensive Revision Course/ Exam Workshop fees.

Tarc 30 hours= RM 520 for public students (P1 to P3)

Sunway 36 hours= RM 400 inclusive of Revision Kit (P1 to P7)
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oic..then sunway one really affordable..
thx for sharing tongue.gif
searcher1106
post Sep 8 2011, 11:38 PM

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QUOTE(zisheng @ Sep 8 2011, 06:41 PM)
Hey guys, just wanna find out whats the minimum requirement for registering acca qualification. The website states that Two A-Levels and three GCSEs which I have no idea what it is. I have a diploma in business studies (accounting), I wonder if it is enough? Thanks
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u can call up acca to enquire how many exemptions u are eligible..
maybe it would be 5 papers,up to F5
searcher1106
post Sep 17 2011, 11:08 AM

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QUOTE(+h0m@s.. @ Sep 17 2011, 10:26 AM)
thought of going for P6 IRC classes any good lecturer to recommend??
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kolej bandar-low chin ann not bad,heard from my frens..
i personally attended alan yeo's class,he did revision on quite many ques..
searcher1106
post Oct 15 2011, 10:56 PM

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izit the transcript only showing ''pass'' for all the 5 prof papers?just received it recently.
searcher1106
post Oct 17 2011, 08:25 PM

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QUOTE(YH90 @ Oct 17 2011, 02:15 PM)
You can request from ACCA a transcript detailing all your CAT and ACCA scores and time of sitting, very convenient if you want to use it for job application I suppose. But it does not reveal that you are a straight passer.
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oh i got exemptions for F level papers..do u have any idea how to request for that?just call acca malaysia to ask?
searcher1106
post Oct 17 2011, 09:53 PM

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QUOTE(YH90 @ Oct 17 2011, 09:29 PM)
They will list down the F level papers that you get exempted.

Go to myACCA and request for a transcript. Go to cert duplication.
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when i log into myacca,only see the affiliate page n 36 months practical exp etc,
no any section for result one..>.<
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..
searcher1106
post Dec 11 2011, 11:02 AM

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QUOTE(starz92 @ Dec 11 2011, 10:15 AM)
I am not quite sure what you meant but if you are in advanced diploma now,then you have no choice but to complete your advanced diploma and gain a 9 paper exemption.  If you quit your advanced diploma halfway, then you will only have a diploma with you,and i guess you will only eligible for 3 papers exemption( f1,f2 and f3).
If you already completed ACCA, then diploma or degree won't affect much.
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for the 1st year of adv dip,ych can get exemptions up to F9,as long as he pass all his internal papers..
by 2nd year of adv dip,ych can start with the prof level while taking acca exams(in other words,take college exam+acca exam simultaneously in the same semester),it differs from the normal degree program..

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