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Business ACCA V8, Global Body for Professional Accountants
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Janping
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May 16 2012, 03:54 PM
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New Member
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Need advices from fellow seniors, I had decided to go for P6, but struggling to make a choice between P4 and P5 for dec 2012 examination. Currently my institution is opened for pre-enrollment. I was told that P5 is getting more harder to pass in the exam since the recent change of the examiner, and I know that P5 includes some elements of P3? For which I hate remembering models However, I only got 50% for my F9 in previous exam, this is the main reason that I dare not to choose P4 after considering the difficulty to pass P5 exam nowadays. Please advice.  and, will my choice between these two papers restricts my future career? Which's better combination between P4&6/P5&6? Thanks in advance
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Janping
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May 16 2012, 10:50 PM
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QUOTE(nothingz @ May 16 2012, 09:17 PM) why not P7? it is not really that difficult to study but also not easy to pass la. better future prospect if you take P6 + P7. Big 4 will encourage employees to take P6 + P7 Added on May 16, 2012, 9:21 pmfor me, the best combination is P4 + P7. P4 will help you understand the financial market better, you can do your own investment as well. taking P7 will add more value on your CV, easier for you to gain membership to MIA as well Never tought of taking P7 because I don't have much confidence to study audit again, I heard P7 is combination of IASs and ISAs, I don't think I can manage both of those standards  Like my friend, she feels audit is ok for her, so she can easily decided to take P6&7..
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Janping
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May 16 2012, 11:04 PM
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QUOTE(nothingz @ May 16 2012, 09:44 PM) 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 You got quite good mark but you didn't give P4 a try  Refer to your previous comment, does that means P4 is more useful than P5 in real life? PS: thanks for the advice
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Janping
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May 16 2012, 11:05 PM
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QUOTE(Chelsea1490 @ May 16 2012, 10:59 PM) P7 is studying abt the standards? Not like procedure to audit ?  Not too sure, I heard that it's the combination of F8 & P2. So...
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Janping
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May 16 2012, 11:13 PM
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QUOTE(tzxsean @ May 16 2012, 11:05 PM) useful or not depends on ur field having studied add math and math's formulas in secondary is it useful in ur daily life? Ohhhh haha. ok. But if I choose P5 instead of P4, will it restricts me to enter into finance field? Or doesn't matter as long as I pass all? Sorry if I'm asking silly question >__<
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Janping
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May 16 2012, 11:19 PM
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QUOTE(tzxsean @ May 16 2012, 11:06 PM) refer to my post on last page Added on May 16, 2012, 11:09 pm1st...are you going to audit? 2nd ...if u just join from junior level ... not necessary to have p7 ... u need to learn from the very basic p7 usually is for more higher level auditor since mainly it focus on how to plan audit rather than carry out an audit itself 3rd...what is ur preference in those 4 optional? 4th.... any good lecturers in those papers in ur area? My F5 lecturer starts to teach P5 on next semester, so slightly motivate me to take P5 but again I'm worrying the fact that P5 is getting harder to pass since the change of examiner...
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Janping
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May 16 2012, 11:21 PM
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New Member
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QUOTE(tzxsean @ May 16 2012, 11:17 PM) it can only be answered by ur heart then y dun u take p5 n p4? it does matter to some employers..not all Added on May 16, 2012, 11:18 pmthen work ur average tax to better since is ur interest as for audit...if u wan join and leave after 3 years..no need that p7 Haha because I'm interested in tax too, that's why I decide to take P6 and choose one amongst P4&5.
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Janping
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May 18 2012, 07:51 PM
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New Member
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QUOTE(nothingz @ May 17 2012, 04:27 PM) 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 Thanks senior. Currently enrolled for P5, should focus on exams now instead of having dilemma every night for this choice.  Added on May 18, 2012, 7:57 pmQUOTE(nick67 @ May 18 2012, 11:10 AM) Mr. Akhbar? He's quite slack in class which is why I'm considering taking p5 outside.. Woo..last week before exam for p2?  Yup it's Mr Akbar. I don't know but I enjoyed his F5 classes. Don't know about P5. -___- Should go for every optional papers for the first two lessons and decide?  (just kidding lol) This post has been edited by Janping: May 18 2012, 07:57 PM
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Janping
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May 18 2012, 11:13 PM
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New Member
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QUOTE(nick67 @ May 18 2012, 09:40 PM) Lol..I think it's his first sem teaching p5 right? He taught me in T2 (or 3), T7 and F5..Feel he kinda too chilling in class.. Wow... So you should know better whether you should attend his P5 class or not. He only taught me F5  Sometimes when he joked but no one laugh, was really funny. But the fact that he made us wrote the full answers are not chilling  Anyway I'm still ok with it because he always repeat some important points to the extent that we remember it. Who taught you F6 then? I saw your previous enquiry about ms rozi and ms kok, but ms kok was not my lecturer before so I didn't comment.  Ps. I guess it'll be his first semester teaching P5 but I'm not too sure. Previously P5 was taught by the P4 lecturer Mr Michael according to this semester timetable. (wonder what's the reason behind this change  ) This post has been edited by Janping: May 18 2012, 11:17 PM
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Janping
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May 19 2012, 06:35 PM
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QUOTE(nick67 @ May 18 2012, 11:53 PM) Yea it was Michael before this..Maybe cause the examiner changed and more theoretical so changed lecturer to Mr Akhbar but who knows? I met him the other day and he just mentioned to me he's gonna teach P5 next sem haha. For F6..I attended ms Kok's class 1st 2 lessons then I switched to Ms Rozi because I felt Ms Kok not serious with that group (previously that group is her T6 group so they keep joking joking). Ms Rozi on the other hand quite ganas  Just wondering if Ms Kok is different in P level..?  Why didn't you ask him why?  haha. FYI, I have one senior, F6 was under ms rozi, who's taking P6 with ms kok now, felt ms rozi exactly the same as you, haha, which is ganas, so she didn't change group even though she regretted taking p6 with ms kok... (I didn't say anything......  )
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Janping
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May 19 2012, 07:27 PM
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New Member
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QUOTE(nick67 @ May 19 2012, 07:02 PM) Didn't thought of it at that time Ganas only good mah. Fail PT also have to write report on why we fail. hahha! Got 1 time don't know which student gave Ms Rozi black face then she keep scolding saying we all give her "hostile look". She was damn pissed but quite funny also that time because don't know which student did that. Did you ask why she regret going under Ms. Kok?  Hahaha I remember she always asked those student who got below 50% for PTs and mock to stay back after the class or lunch hour and talked to them. And I remember I got 52/53% for mock... I was like, phew....  but I didn't know she asked them to do report Ya I did asked her before but I can't remember what she told me
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Janping
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Jun 20 2012, 11:11 AM
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New Member
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QUOTE(ken2291 @ Jun 20 2012, 10:42 AM) What? She missed?? How about Q1, 2 and 3?? QUOTE(ken2291 @ Jun 20 2012, 10:42 AM) What? She missed?? How about Q1, 2 and 3?? Q1(a) CSOFP with piecemeal, IFRS11 Joint operation, IAS16 Revaluation, Sales and repurchase of land, debt factoring (b)(i)debt factoring (ii)ethics Q2(a)sales & leaseback, (b)IAS19 DBS, ©IFRS2 Share Appreciation Rights (d)contingent liability in subsidiary's books and in groups' account
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