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Business ACCA V8, Global Body for Professional Accountants
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caillech
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 May 9 2012, 11:57 AM
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Getting Started
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QUOTE(nothingz @ May 9 2012, 10:44 AM) this June is still examining 2011 budget, Dec will be 2012 budget. i have the 2012 budget book with me, as i see there, not much difference. just small changes such as preferential tax rate for returning expert, approved contribution scheme. these are small changes only u sure a not 
last time my lecturer said each december sitting will test next year's budget although it haven't implement (next year's budget always announce during october or november)oh sorry sorry sorry, juz ask my junior, he said this sitting still using 2011 budget  maybe i am dreaming in the class  QUOTE(junggle @ May 9 2012, 10:48 AM) == our budget came out last year already, right... i am referring to next year's one  This post has been edited by caillech: May 9 2012, 12:16 PM |
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caillech
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May 11 2012, 01:24 PM
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Getting Started
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QUOTE(SereneAshley @ May 11 2012, 01:18 PM) Seriously, its just that i can't stand acca any more. its like a high pressure and high stress course, and the fact that the syllabus is so incredibly huge. Also, acca doesn't teach you anything other than how to become an accountant. I feel like i'm losing my soul lol not only accountant sis, u can be auditor, financial controller, tax planner, project manager, business analyst and many more  |
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caillech
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May 13 2012, 10:09 AM
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Getting Started
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我的字典里没有放弃，因为已锁定你。
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caillech
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May 14 2012, 09:59 AM
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Getting Started
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Dear P2 candidates, If you have any tips (hot topics) from your lecturer, please share with me  so that i can focus more on that particular area  Sharing is caring  Regards, caillech This post has been edited by caillech: May 14 2012, 10:02 AM |
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caillech
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May 18 2012, 12:10 AM
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Getting Started
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QUOTE(tzxsean @ May 17 2012, 06:47 PM) tips - the reason why many ppl fail in acca no risk no gain  |
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caillech
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May 18 2012, 12:22 PM
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Getting Started
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QUOTE(nothingz @ May 18 2012, 10:09 AM) what he said is true, you can only pay extra attention on those tipped topics, you cant be spotting questions i know la, that's the reason i asking for tips... QUOTE(trendygengis @ May 18 2012, 10:18 AM) so basically p2 is about memorising the IASes right? I planned to memorise the last week before exams. On the other hand i have p1 to worry about as well. =( lol last week.. not only memorize dude, u must learn how to apply properly as well.. i have exams in 3 consecutive days, more worse  |
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caillech
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May 19 2012, 12:12 AM
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Getting Started
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QUOTE(VijayHari @ May 18 2012, 08:48 PM) Your point makes sense. However I must say I have experienced an exact opposite scenario to yours. I had been expecting to fail a particular exam, instead I ended up doing very well purely based on tips. It was my SPM History paper and I just couldn't bring myself to study it, for obvious reasons. However I attended a seminar very close to the exams conducted by an actual marker who supplied us with really accurate tips. I managed to get an A. So I don't think you can generalize by saying tips should not be relied on. Instead IMO, tips can make a difference if use to complement your exam preparation. lol how can u compare spm with acca? it's totally different  |
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caillech
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May 21 2012, 12:22 AM
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Getting Started
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According to BPP, they said the secret to pass P2 is Q4 current issues -.- http://blog.bpp.com/accountancy-tax/acca-p2-dont-ignore-question-four/ |
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caillech
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May 22 2012, 01:07 PM
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Getting Started
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ACCA TIPS FOR JUNE
18 May 2012
TOP TIPS FROM LSBF
F5
Costing methods – ABC.
Decision making – decision.
Budgeting – forecasting models.
Variance analysis – planning and operational variances.
Performance measurement – non-financial indicators.
F7
Q1 - CIS and/or CSFP.
Q2 - redrafting or published accounts.
Q3 - interpretation and cash flow.
Q4 - standards eg leasing, non-current assets, impairment, EPS, contracts, etc.
Q5 - conceptual framework & standards eg substance, discontinued operations, deferred tax
*The secret to passing F7 is to know something about all the examinable standards.
F9
Investment appraisal – tax and/or inflation with working capital, possibly roce and payback.
Cost of capital – WACC calculation with a bit of capital structure and project specific discount rates.
Valuation – DGM and PE ration method.
Risk – FMH and MMH.
Business finance – analysis of performance.
WCM – overtrading or cash budget.
P2
Group income statement.
Deferred tax.
Financial instrument.
Joint arrangements.
Fair value.
SME.
P3
Strategic Analysis - particularly what the external environment has been in the past (including effect on financial performance) and will be in the future.
Strategic Choice - particularly using suitability, feasibility, acceptability (including management accounting techniques).
Strategic Implementation - particularly using IT improvement of business processes (including how to choose an IT package)
good luck
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caillech
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May 25 2012, 09:35 AM
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Getting Started
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QUOTE(sukun @ May 25 2012, 12:51 AM) Hi guys! I got few simple basic F3 questions i need to ask. 1. In Aug 09, Hco acquired 80% of Sco 200,000 $1 ordinary share capital. Year end is Dec 09. At Jan 09, Sco had retained earning of $320k and made profit for the year end Dec 09 of $48k. Asume profit accrued evenly throughout the year. What are the net assets of Sco at acquisition date?net asset at year start =200K +320K =520K
net asset at acquisition date =200k +320k +(48k x 7/12) = calculate yourself
2. Which following books are settlement discount allowed entered?Cash book? Journal? Sales Day Book? or Purchase Day Book? all except purchase day book (correct me if i am wrong) |
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caillech
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May 25 2012, 12:00 PM
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Getting Started
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QUOTE(nothingz @ May 25 2012, 10:19 AM) Discount allowed only involves Journal & Sales Day Book. no cash transaction involved. Debit Revenue adjustment - Discount allowed Credit Accounts receivables i tot there is a discount column in cash book??  |
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caillech
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May 25 2012, 01:15 PM
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Getting Started
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QUOTE(nothingz @ May 25 2012, 12:49 PM) when your customer purchase on credit from you for RM100 goods Debit AR 100 Credit Revenue 100 when you give discount RM 10 on settlement
Debit Cash 90
Debit Discount allowed 10
Credit AR 100
if you are looking at the whole settlement transaction, cash book is includedElse, the transaction can be separated Debit Cash 90 Credit AR 90 Debit Discount allowed 10
Credit AR 10the discount allowed transaction alone does not involve cash bookhe is asking whether should entered cash book ma.. wat i mean is this...  This post has been edited by caillech: May 25 2012, 01:17 PM |
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caillech
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May 28 2012, 05:53 PM
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Getting Started
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QUOTE(noonies_naruto @ May 27 2012, 10:21 PM) waa.. left 2 more weeks aa..  i left 3 more weeks |
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caillech
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May 31 2012, 09:03 AM
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Getting Started
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QUOTE(jen_mei @ May 31 2012, 12:27 AM) hey, anyone selling revision kits for p7? i'm finding it at book store, but all sold off. anyone can please tell me where can i get it? or anyone selling 2nd hand? thanks. |
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caillech
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Jun 4 2012, 12:12 AM
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Getting Started
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QUOTE(keeting89 @ Jun 3 2012, 11:38 PM) Hi, I need some help here.. For consolidated statement of retained earning, we should use profit attb to parent or total comprehensive income <tci> attb to parent? I saw number of past year answer opting profit attb to parent rather than tci attb to parent? But, why? Thanks in advance... if there is other comprehensive income in the question, use tci attb to parent.. if no, use opting profit attb to parent.. btw, it's called statement of comprehensive income la... |
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caillech
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Jun 5 2012, 12:27 PM
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Getting Started
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anyone here receive your f level or p level cert?
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caillech
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Jun 5 2012, 03:53 PM
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Getting Started
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QUOTE(nothingz @ Jun 5 2012, 02:09 PM) ACCA is going paperless, cert also print on your own. that's the response i get from them i check liao.. the only option tat i can print is the advanced diploma -_____________- so u have the p level option? This post has been edited by caillech: Jun 5 2012, 03:54 PM |
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caillech
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Jun 6 2012, 08:09 PM
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Getting Started
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QUOTE(nick67 @ Jun 6 2012, 07:12 PM) Are they sending it to us or we have to print it out? But according to Nothingz, we don't have adv. dip. cert anymore.. Under which section should I look? I can't find it in myacca account i got the adv dip cert, but no f level cert zzzz login myacca>>>> exam result>>>> print a cert |
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caillech
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Jun 6 2012, 08:34 PM
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Getting Started
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QUOTE(nick67 @ Jun 6 2012, 08:25 PM) Thanks..But I don't have the option there..Adv dip is the cat cert right? no la.. it is an award after u complete f level and the ethics module.. so u haven complete the module? |
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