Yes..you need to derecognised back the excess amount...for example (by taking your example:

Dr electricity 500
cr Provision for electricity 500

when the actual amount occurs

Dr Provision for electricity 500
Cr bank 400
Cr Over provide provision for electricity 100

although provision for electricity is not appropriate since definitely occurs monthly~

This post has been edited by syler89: Nov 1 2013, 04:08 PM

not balance

yea..haha...edited~

Discussion about giving unwarranted recommendation lecturers is dangerous. Obviously students that give a statement of recommendation should note that you will not be objective in your statement since you already have familiarity threat which is significant.

Each student that attends a class and likes their lecturer would likely be supportive of their lecturers - this is a norm. Some, obviously would hate the lecturer and some would be neutral, this was expected in the class. A style will suit some and not suit some.

When I was in class, most of my lecturers were from UK - not all were that good. I still remember the time when I had taken P4 equivalent paper - I had 3 UK lecturers teach me. Slang was not the issue, the content and teaching strategy is the main factors to consider. They all failed to cover the whole syllabus even after asking them.

Now - a good lecturer will not only part knowledge, knowledge is easy to get. What is harder is values and drive to succeed. If your lecturer can give you good values and drive to become a better person, then you have found someone worthy of praise.

If you like a lecturer it is fine, but please do not be rude or make unsubstantiated claims like best in Malaysia, since there is no evidence of this. One students remark is usually classified as anecdotal evidence and not really evidence.

No one here comes close to him means that you have attended every lecturer in Malaysia for that subject - which I find very doubtful. Trust me, for you to attend 2 lecturer and generalised for the whole population of lecturers in Malaysia is bad research and not being very fair. In OBU, it gets you a fail mark since your claims are not really substantiated.

It would be good to water down your statements with, "in my opinion, is ...one of the best...." and also try not to thrash other lecturers - since pass or fail will also depend on your individual effort. Correlating pass or failure to lecturer is like saying that responsibility for passing or failing lies with the lecturer and student just has to attend class - I am sure this is not the case.

This is just my opinion on how to word things politically correctly, so that you do not offend others.

Well if others want to offend for no reason then they will just find a way to whatever we do. And as regards to whatever you said is fine, but we all have a freedom of speech, we would say whatever we like I thought you guys got independence in 1957 then why some of the people here are still not independent or maybe their mind isn't.
Whatever I said was my opinion, and if anyone doesn't like it, please don't even bother reading my posts anymore, or rather reply me in such a harsh way doesn't show a professional behavior.
Anyways I believe we should end this discussion now and focus more on our Exam,which are just approaching. Hope you got a flavor of what I meant and whether I was wrong or your people.

Hello friend, I think you may have misunderstood what frodo said. It's got nothing to do with freedom of speech or independence etc. It's about misleading newer students and forumners about which is "the best" lecturers around. If he/she is the best for you, it doesn't mean it will be the best for everyone else, so it will be misleading to others who came here for advice. Stating out which lecturer is the "absolute best in Malaysia" based on your own biased opinion, in your own words, doesn't show a professional behavior.

Okay but I told that to just one person and even that person didn't bother what I said.
Misleading? What do you mean by that? Okay, I told my opinion and it is up to the reader whatever they wanna think of

Haha, I know you only told one person. But that one person will think that the lecturer is best for him/her. Plus it would be seen by other newer members who read the past posts.

For example, I once read that Alan Yeo is the BEST for taxation revision. At that time I believed this to be true. I attended his revision classes, but in the end I was very disappointed. His style was just too monotonous and seems like he's talking to himself. Of course I failed in the end.

That's all that we meant only. Nothing to be angry about

Maybe it would be better if you could describe your lecturer's teaching style (Does he engage the students or just reads his texts? Does he focus on theory or numbers? etc). Definitely it would be more informative than just letting us know he is the best in Malaysia.

Sure sir!!!
I see what you meant there. I will avoid these kind of quotes in the future and yea will describe everything about the teacher, the way he teaches etc.
I apologize if anyone felt bad or something

Haha! Good luck and happy studying Sir!

Can someone roughly explain what will be learn in each optional paper? Deciding which paper to take.
Is P6 a bulky paper? Which paper easy to pass?

P4 is advance FM ~ if you plan to get into investment banking this is ideal
P5 is advance PM ~ if you plan to work at commercial and industry (this is the best for FP & A)
P6 advance tax - yes bulky but if you study all the items it is easy to pass, if lazy to cover everything - spot like mad and go in. This paper helps in becoming a tax consultant or finance specialist
P7 advance audit - prepares you well to enter the audit industry (if you can remember what you study)

You learn the advance stuff for audit, tax, finance and management accounting.

Which paper is easy? Hard to say - what is easy for you is hard for another. In my opinion, all the papers are equally hard ~ hence the pass rates are about the same.

It seems that many say that P6 is easy but then many have taken it to find out it is not their cup of tea and quit the paper or fail it.

My opinion is that most of the students avoid P7 due to bad experience in F8, but actually the two are quite different.

P5 and P4 is acquired taste.


Consider jobs at http://competencyframework.accaglobal.com/JobProfile/All
and the optionals to consider is in papers section of the framework

Thanks for the explaination! I'm trying to avoid taking P7 too due to my border line score in F8. How to say P7 is quite different from F8?

Is is P7 is a must if i wanted to join audit firm to just get experience?

[quote=frodo baggin,Oct 30 2013, 08:51 AM]
Focus on key areas rather than try to cover the whole syllabus. Like in P2 Goodwill, NCI, Impairment calculation is a must. There will be a few standards that usually repeat and the ethics question is stable (focus on stable items that usually makes an appearance on the exam and consider spotting the rest)
Seriously you have to read the questions to understand, since each question has a trap. Sometimes it is given as a total and some times it is given as per unit. Logic - fixed cost does not change for volume effects unless it is stepped fixed cost.

Hi, may i know what's the key areas for P3?

[quote=rtsy2,Nov 6 2013, 12:48 PM]
[quote=frodo baggin,Oct 30 2013, 08:51 AM]
Focus on key areas rather than try to cover the whole syllabus. Like in P2 Goodwill, NCI, Impairment calculation is a must. There will be a few standards that usually repeat and the ethics question is stable (focus on stable items that usually makes an appearance on the exam and consider spotting the rest)
Seriously you have to read the questions to understand, since each question has a trap. Sometimes it is given as a total and some times it is given as per unit. Logic - fixed cost does not change for volume effects unless it is stepped fixed cost.

Hi, may i know what's the key areas for P3?

[/quote]
I dont think p3 have key area, as all is important but need to know keyword for every model, such as external env=pestel, penetrating into new country = porter diamond, competitive env=porter 5 forces and etc
That my opinion, hope others can help sharing tips for p3

KPMG not in the top 5 list anymore

Taking p3 too.
Lecturer keeps saying to list down as many points as you can and don't focus on explaining the points so much. True?

Depend on mark, if mark to little such as 8-6 mark and points so many, better dont explain , need to save time
If mark 15 marks and ask for model better explain everyhting

In P3
Know your models well. It is not enough you know 5 forces. You must know how to relate the case facts to key concepts in 5 forces. Like the ABCL & Eloba case - you need to relate the fact that a customer entering into the tuition market is called ability to forward integrate, which is high power.

This sem - pay attention to budgets, pricing, marketing, pestle. Projects is one of the examiners favourite area so pay attention to that.

Next semester those planning to do P papers on evenings and weekend can consider JPro since I will be offering all the papers P1 to P7 using a team of lecturers. Limited to 24 students only per class - this is suitable for those working in Klang / shah alam and subang side.

How much for p2& p5 and who the lecturer?