i got 63 for F9 but i dare not take P4 because of previous comments here, some seniors said P4 is very difficult. I got 2 friends retake in December 2011 (they passed), i know it is not easy therefore i chose P5. I thought P5 is easy but never thought after change of examiner, it has become more theoretical, a lot of analysis/application, less calculation. i managed to pass at first attempt too.

the P6 you study has covered most of the Income Tax Act 1967 but certain practical matters still not covered inside and case laws are not included. Chartered Tax Institute of Malaysia (CTIM) tax papers have 2 parts, 1 of it is specifically test on tax law cases, that really makes you specialise in tax. one more disadvantage of taking P6 is it is not applicable when you work overseas since different country has different tax laws. this is also a reason why i did not take P6. overall if you like tax, you can take P6

out of the 4, my first choice will definitely be P7

CTIM is a professional body in Malaysia specialises in Malaysia tax, i am unsure how to enroll to their course, you may google for more information. as i know, their exam is only 1 year once in December. If you really want to be a tax specialist then you can consider taking those papers after passing ACCA

You got a living example here who does not memorise isa standards but can pass p7


p7 trains you to be an audit manager/partner, what you studied at f8 are just basic audit procedures. P7 has a lot of new stuff to study


p4 should earn better if you get into investment banking line just like wall street. P5 will get you to be a management accountant while p2 will get you to be a financial accountant, my lecturer said a management accountant can earn better than a financial accountant because your boss does not value how strong is your IFRS standards

you read the questions of past few sittings, this Alex Watt tests us more on theories, unlike previous examiner Shane Johnson who gave us some easymarks. I chose p5 because i thought it was the easiest among the 4. In the end i felt that p7 is easier to pass

what he said is true, you can only pay extra attention on those tipped topics, you cant be spotting questions

PYQ and revision kit are generally the same, just that the model answers may be slightly different. anyway, the most important step to pass exam is to practise questions

you will feel his/her pain when exam is 3 weeks away and your preparation is only at beginning level. taking 3 or 4 papers each semester is not easy, you really need to put in a lot of effort to ensure yourself can pass all of them at one go. or else, you just need to give up on certain paper/s instead of resitting all of them

there is no specific website will have F4 MYS tips since it is Malaysia Variant. there may be some local lecturers will provide tips before exam. anyway, you can analyse the trend of F4, nothing much to spot

for F6 and P6, put some concentration on those latest amendments in budget 2011. such as rental income under 4(d) is now 1 source of income regardless of how many properties as per the public ruling 2011, the criterias to determine whether the rental income should be assessed under 4(a) or 4(d) have been amended too

This post has been edited by nothingz: May 23 2012, 12:21 PM

I also dont have text book for all p level papers, no problem also

P5 examiner has not written any article so far, those articles at ACCA website are written by other lecturers/professionals. read questions carefully, practise your writing skills, it is not too difficult to pass

Discount allowed only involves Journal & Sales Day Book. no cash transaction involved.

Debit Revenue adjustment - Discount allowed
Credit Accounts receivables

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 included

Else, the transaction can be separated

Debit Cash 90
Credit AR 90

Debit Discount allowed 10
Credit AR 10

the discount allowed transaction alone does not involve cash book



This post has been edited by nothingz: May 25 2012, 12:55 PM

lol, i never come across this kind of cash book in real life or in books, maybe it did exist.

yes, journal

i still used correction fluid but it is not advisable because it will waste your time to apply it and you have to wait for it to dry to write on it. it is quite time wasting. it is better that you just cross it

at least understand all those examinable models such as 5 forces, diamond, value chain analysis etc. answer your questions with business mind. still got more than 2 weeks, more than enough to study if you are not working

for study wise, yes, it is difficult because even my answers are usually different from the sample answer in the past year questions. just practise more, write something logical, you can pass

that's too old school, even if you have it, it may not be relevant anymore since the tax laws change every year

you must know the latest changes in order to answer dec 2012 questions. IRB issued a lot of public rulings in 2011, not sure it will be examinable for you. even your 2011 text book may not have reflected them

i have a used one (i think it is for 2011, need to check), not much writing inside, still very new. PM me with your offer if you are interested

ACCA is going paperless, cert also print on your own. that's the response i get from them

you don't need to write exactly like the suggested answers but at least have those points there

if you want to pass please don't aim 50, aim at least 60 since it is quite difficult to pass with 50 when you only aim 50.

same theory if you want to get 100 marks, you must aim 200 marks