Your question is not very clear. Project teams is an early version of matrix structure that would be classified as organisation structure. Which chapter are you referencing - specific for better contextual answers

Actually the gap is not that big - look at the ACCA syllabus mapping, there is a flow of knowledge.

The gap is actually in the manner in which you are asked to answer the questions - more critical and applied as opposed to pure memory only (except for P6 Malaysia ~ which is still very memory orientated)

P1 is has some overlap with F8, so there is very little stress there.
P2 has some 70% of F7 in it.
P3 has some aspects of CAT T5 and F5, F7 and F9

There you have nothing to worry about in terms of preparing for the papers. If you want to prepare a head for this level - you can always start reading the technical articles in each paper section. Those are usually self contained and if you can understand it - you are good to go.

Best preparation is to read all the examiner reports for each paper and understand the common reason for failure. Then when you start the classes - try to focus on solving that issue.

I would also agree. P2 is the most interesting paper within the 3 since it requires detailed understanding of the principles and application to business scenarios.

P3 is based on common sense approach, you can understand it by relating the studies to real life situations that occur around you.

P1 is a like a religious paper - you have to memorize quite a bit

This post has been edited by frodo baggin: Jul 25 2013, 09:13 AM

Results are coming out.........stress slowly builds up for everyone - students and lecturers If you pass -

P1, P2 and P7 is a acceptable combo, but you really need to sit down and start doing your work. Consider the last semester, if you were doing last minute work and paid partial attention in class, the load would be too high. If you can ensure that you are willing to put in 100%, then it would be acceptable.

For those planning to F8, P1, P3 and P5 and P7 - you can consider jpro training @ shah alam. The class for F8, P1 and P3 will use the blended learning approach and P5 and P7 is ideal for those that are starting for the 1st time / re-sit.

Those considering to do OBU can also drop by this Sunday for a discussion on options.



This post has been edited by frodo baggin: Aug 9 2013, 10:18 AM

Those planning to re-sit for some of the ACCA papers full time, you can also try Inti Subang for full-time classes. The re-sit classes started this Monday, f8 is on 14, f5 on 15th, F6 on 17, F7 on 18 and f9 & p7 on 16. P2 is 20th, p6 on 15th and 22nd. The fee is from RM1,105 for P level and 1025 for F level.

Those planning to start your ACCA for the first time - there is F1 - F3 starting on August 19.

You can drop by Inti for additional information.

This post has been edited by frodo baggin: Aug 12 2013, 05:13 PM

P5 is the only paper that most students say they did it well and when the results come out - it is opposite or vice versa. Those that went in crapping - tend to pass, those that knew what was asked - failed. Funny

The meaning of failing it marginally means that you missed reading the requirement for 50% of the paper. If you read the examiner report - it seems that P5 has a higher chance of students misunderstanding the requirement than other papers.

The other issue is that P5 has P3 + F5 + APM. The paper itself has been "rojak"ed by ACCA - dumping whatever they thought is important - you have IS, Management, Strategic models, Costing, Management Accounting, Internal controls, Quality

Compared to P7, that has 2 major areas - Audit + Accounting knowledge,

P4 - Finance knowledge + bits of economic and P3,

P6 is the most narrowest in scope - only tax.

In that aspect, you can see why Malaysian have the best results for P6, followed by P7/P4 and finally P5. The P6 Malaysia paper seems to be the one with the highest past rates in Malaysia - but if you hate memory work - i would ask you to reconsider.

In my view, F1, P3 and P5 are the rojak papers in ACCA, the rest are quite focused on their knowledge being tested. If your ability to integrate knowledge is strong, then life is a bit easier.

Snowmiss review of the reasons for failing is really good and should be something that should be included in future study plans.

Seriously - you should understand why you are not getting through P7 - it would be due to weak P2 fundamental knowledge.

If you jump before addressing the core problem, then you have a larger issue in hand - F5 + P3 knowledge. Think wisely before jumping.

From students that have attended my class and Sheila's class - the statement is that style is almost the same but the answer approach is different + discussion on accounting standards is also different.


This post has been edited by frodo baggin: Aug 13 2013, 11:23 AM

Hi Tiko

Use this - http://www.bdointernational.com/Services/A...es/default.aspx

it would be more than adequate. Remember - you need to know how to write the accounting standard in reverse for P7. If you can do that - you have nailed 80% of the issues that causes the failure in P7. This was the advice given by the examiner.

If you can pass A-Levels, then doing ACCA would not be too hard, both have similar exam format - 100% final exams. If you ask the oldies - those in 40's - they would say ACCA is hard. Reason - when it was done prior to 1994, students had to pass the 2nd (6 papers) level one shot. 1994 - 2007, students had to pass the final 6 papers one go in 2 sitting, or else they will have to repeat all the papers.

This all changed in 2007, now it is much more easier in terms of passing and keeping the pass papers. Comparatively ACCA exam system became easier as time passes, they made the papers a bit harder.

On the idea of doing ACCA 9 papers + OBU degree, it is cheaper than doing a 3 + ) degree and much faster, but obviously there is risk.

If you take it slow and steady, 3 + 2 + 2 + 2 + Project, while adding in some practical experience by working part-time in a firm, that would be much better. Alternatively do 3 papers for 6 months, then take 6 months intern job, do another 6 papers in the following 12 months. That would be a good approach too.

Practical experience does open up your mind and also may help you understand your studies better.

Those planning to do F8 this time can consider F8 Re-sit class @ J Pro, which will be starting on September 3. This would also be ideal for those that are also doing CAT T8 paper in Sunway (I know it is one of the killer papers for CAT)

This post has been edited by frodo baggin: Aug 19 2013, 01:40 AM

Scoring high marks improves your confidence and your ego. You may actually take bolder steps in the future since you believe that you can do it!.

Just do it for the sake of it - it can be your personal reward. The job markets - well HR managers can be quickly impressed by one or two big achievements. For degree students - this is called first class honours or dean's list. This students are usually given first priority in HR evaluation. In ACCA we do not have similar matching. Awards from ACCA is like a batch of respect. It does not mean that you will automatically be successful in the future, but it would surely improve your chances of being successful.

So go for it.

To do well in ACCA F8, try to find the book from Alan Lewin the former examiner for F8 from Kaplan. It is really well written and may be able to help you improve your understanding.

On that note, the examiner has already started to repeat the paper from the previous sittings - she is recycling the questions but changing the contents. It would be a good idea to take her questions from the past and try to change the situation.

In the last sitting she repeated the audit procedure question that she had asked for purchases but focused the question on NCA.

Good luck in scoring the world prize.

This post has been edited by frodo baggin: Aug 19 2013, 07:03 PM

If you are self studying you can check out some of the notes. If you are interested in buying online lectures + notes for P1 for RM225, just call Mr. Kumar 016-2630649. He can arrange the materials for you. It is usually better than buying the text book and trying to read yourself.

Hope that helps.


This post has been edited by frodo baggin: Aug 23 2013, 01:43 AM

In the last examiner meeting for F4 and F6, two things came out (I was there)
1. The examiner for F6 is new compared to previous examiner - so do expect changes. Doing just past year implies that assumption is the past will repeat. If this is valid, you are safe, if not

2. The examiner for F4 stated that he wants to twist the questions around a bit and use the "trigger word" trap that usually traps the students that read only past year papers. If that is the case, doing too much past year could actually be detrimental.

3. Giving advice is fine but good idea to put a caveat. If your comprehension of English is strong, I don't see a problem with the advice given, but if you comprehension is weak or low, this could back fire very hard. Knowing only the past year tends to lock the mind into a few answers and you may end up answering the past year paper rather what is set for the current sitting - one of the major complaints from the examiner and what is stated in the examiner report.

Those planning to score for F4 - F9, it is a good idea to slow down and do 2 papers per sitting. After all, graduating fast and working early just puts a lot of pressure.

Enjoy your studies and take up more activities like toastmasters or part-time work (exposure without stress). I just feel that student today are rushing to get to the end line.

If you are really in need of the cash - do it fast, if you don't need the money - take it easy.





This post has been edited by frodo baggin: Aug 29 2013, 03:40 PM

Donizback, the number of qualification in your name does not make significant difference unless you have a good mentor. If you watched the series "Suits" - it is who you train under that makes you a good accountant. The same goes for PhD, getting a PhD - it is who supervises you.

I remember a student that did CIM, ACCA, BSc IT all together and passed it. When he went to work, he became a system consultant and stayed in that field for 5 years. He had 3 qualification but only 1 was relevant.

Same goes with ICEAW, CIMA, CPA. Only one good one matters, the rest is how you use it.

In accountancy it is not where you studied but where you qualified - so you can study in a platinum college but qualify in small firm - you will be rated a small fry. If you studied in a small college and qualify in Big 10 - you will be rated as a big fish (but some fish get eaten when they are swimming in the Big 10 pool)

Completing ACCA by age 19 is a good goal, which means 4 papers/sitting. It can be done if you have the techniques and understand the examiner requirements.

This post has been edited by frodo baggin: Aug 30 2013, 01:37 AM

If you are planning to self study or buy up extra notes for P1, P2, P3, P4 and P7 - check out jpro business training materials. You should be able to add to your preparation. This is especially good for students that have no time to attend classes.

What is it you want to know about OBU?

Those doing your ACCA, do consider going to coursera and getting additional certs from the TOP AMERICAN universities.

It seems that you can now study what you want when you want for free - a small fee if you want to get the certificate from the organisation.

I think it is a great way to add value to your skill set and get certified on you area of specialism.

ACCA students that are doing 1 or 2 papers this semester can consider getting some additional certificate - Wharton certificate for finance or marketing (foundation in MBA) is only RM150ish. You get a professor to teach you and participate with all the activities.

In my opinion, the world of education is getting ready for a huge change due to to wave of free educators coming online.

www.coursera.org


This post has been edited by frodo baggin: Sep 5 2013, 10:08 AM

There is also https://www.edx.org/school/mitx/allcourses

Which is another provider for this certification. I tell you, if I was at your age and have unifi in the house, I would be spending my time looking into the courses that was never within our grasp due to parental pressure and financial constraints

This is really a good opportunity for those studying at the current timing

Other providers for online free learning source includes : https://www.udacity.com/home?utm_expid=5521...xaWEywGd4N5Vw.1



This post has been edited by frodo baggin: Sep 6 2013, 11:24 PM