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Business ACCA V8, Global Body for Professional Accountants

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pherac
post Jul 30 2012, 05:05 AM

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Guys, I have some question regarding lecturers

I'm taking P1, P2 and P3 this year at kasturi KL campus.
While I'm a huge fan of Joe Fang's teaching for P2, I don't find Parmindar's teaching for P3 to my liking.
2nd term is almost over and I'm thinking of discontinuing P3 class under Parmindar.
So I did some research online and found out that Michael Mainwaring will be lecturing for P3 in November at ALC (walking distance from the place I live). The thing is while it's meant to cover all the syllabus of P3, it is only a 4 day course.

Has anyone attended Michael's P3 class before? Can anyone kindly give any feedback?

pherac
post Jul 30 2012, 11:31 PM

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QUOTE(Doreamon10 @ Jul 30 2012, 11:15 AM)
Oh, my god! Joe Fang? His consolidation workings are all over the place! I joined his classes last term but i did not use his consolidation method. I was so afraid to destroy my chance of passing! If I was the marker,  such messy workings (arrows here and there) will really piss me off.

Just my personal opinion, those who intend to join his class, better go around and ask his former students first!
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His method does seem a lil bit messy the first time you see it but it gives you the whole picture and prevents you from missing out on any points. Having said that, I haven't reached the consolidation part yet lol

QUOTE(hrevijay @ Jul 30 2012, 09:01 PM)
Pl correct me if I'm wrong but I believe F7/P2 require a thorough understanding of ledger entries. I also believe that Mr Joe Fang's method's circumvents this core accounting concept. If that's is the case, I think it's extremely unsafe to rely on such methods mainly for 2 reasons. One, while the methods work for the current exam format, can it be relied upon if the format were to be suddenly changed(like F5 last term) and two, although it might be useful in passing exams, how about real world application when we start working.

Note: This are just my thoughts and by no means a criticism of Mr Joe Fang. I might be very very wrong. Pl enlighten me if I am.
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I studied F7 on my own last sitting by watching online lectures by some british. He said that ACCA tests your understanding of the relevant accounting standards and your ability of applying them in the real life situation. Good lecturers would advise their students against opening up too many T accounts during the exam as doing so will confuse the students and take up too much of their time (hence the poor management of time). Without the basic knowledge of the ledger, you won't be able to apply the method also, in my opinion. It's just a shortcut without all those T accounts.

QUOTE(Mickey Zeng @ Jul 30 2012, 11:05 PM)
i am just passing by  tongue.gif

LOL you passed by cause i mentioned i'm a student of joe fang's?


Added on July 30, 2012, 11:09 pm
I guess if thats the case all students should fail their exams using Joe's method . Do you know his consol method is the fastest one around and i am sure many students passed including me  smile.gif
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By the way, me liking Joe's teaching is just a side note. I'm more concerned about my P3 class. laugh.gif

pherac
post Jul 31 2012, 09:48 AM

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Why do people on this thread always like to turn a question into a debate? lol i don't get it.

Yeah I did mention that we have yet to reach the consolidation part but I've seen him applying his timeline method for all of the other chapters. It would seem messy the first time you see it cause you're not used to it. Okay, since I haven't been introduced to the consolidation part, I shall have no say in this matter.

Poor command in english is a common problem in a lot of students. Opening up too many T accounts and getting yourself confused is the specific problem while doing statement of cashflow and other statements.

Knowing how to do T account is the most basic knowledge that you must know before coming up of a faster shortcut to tackle the exam questions. After all, we call it exam technique. If the exam format is changed, lecturers will probably devise another exam technique to tackle it specifically.

If you can't run, just walk lor.. If you can walk and run, of course you wanna run.

This post has been edited by pherac: Jul 31 2012, 09:49 AM
pherac
post Aug 8 2012, 02:36 PM

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Passed all F level papers.. now proudly moving on to P level.
I think hell starts here.
pherac
post Feb 8 2013, 11:05 AM

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Aih nervous, results not yet out

Good luck to all
pherac
post Feb 8 2013, 01:06 PM

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1pm still no news...last time got email at 12pm sad.gif
pherac
post Feb 8 2013, 01:20 PM

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yes passed all p1, p2 and p3 smile.gif
pherac
post Feb 18 2013, 11:14 AM

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Anyone taking P5 at elitejaya college this semester? I just enrolled today. The walk from masjid jamek lrt to tje college seems a bit scary. Anyone traveling by lrt too? Maybe can walk in a group, safer.
pherac
post Feb 18 2013, 05:11 PM

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QUOTE(eujin @ Feb 18 2013, 02:51 PM)
Hi, I would like to ask for an opinion. I failed my P5 last semester and would like to go for the exam revision workshop conducted by Sunway. But I have just checked that they don't offer for this paper. I don wish to go for the normal classes again, can I know what alternatives that I can go for? Any other colleges?
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you can try advanced learning centre...they have workshop especially for people who failed before.
pherac
post Feb 19 2013, 12:41 AM

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QUOTE(lwk1988 @ Feb 18 2013, 11:50 PM)
I taking P5 also at elitejaya. But i walk to Plaza Rakyat lrt station
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wah... google map says it takes 15 min walk to reach. Masjid Jamek only 5 minute.
If no other students walks to masjid jamek, I'd rather follow you lol.

Paranoid after having been mugged twice in 3 years time.
pherac
post Feb 19 2013, 12:44 AM

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QUOTE(Kriish @ Feb 18 2013, 09:35 PM)
There there, I urge you not give up after coming so close!

First of all, I don't think your last few years attempting P7 was a waste (It took me 5 attempts to pass P7, not as long as you, but I share your feeling) because you were working and studying, and I'm going to guess you're in the audit line. Your job experience will be the key to securing your future career. So it's not a total waste smile.gif

Now I highly recommended that you give P7 another go, and here's some unconventional yet somewhat sensible advise, shared by my lecturer :
This is one of the major mistake done by P7 students with audit background jobs : THIS IS AN EXAMINATION, AND YOUR JOB EXPERIENCE DOESN'T HELP! Now this is a somewhat controversial statement, and even I disagree when my lecturer told us that, but just hear me out a little :

i) ACCA paper is set by academician, and so your answer should cater to their needs. Don't try to outsmart them and bring unconventional knowledge which is not expected from a student. Therefore, your attempt to impress the marker with your 'real world' knowledge might actually piss them off.

ii) Practice lots of past year question. The examiner is an audit academician. Nothing pleases them more than a single linear exam approach. Analyze past year answers and examiner comments, and you can establish that the examiner has a somewhat preference for well structured and straight to the point answers (also read as, just go straight to the point, no beating around the bushes). Getting the right answer is one thing, presenting the suitable answer in way that examiner prefers is the way to go

iii) Exam techniques! Yes!, screw your 'real world' approach. This is an exam. In real world nobody can solve ethical issues, make judgement on 2-3 audit reports and assess risk of an audit within 3 hours. This further emphasize that this is just an exam paper, so play along, and focus on getting the adequate marks for a pass.

Conclusion : Do lots of past year questions, and try to establish what the examiner wants, rather than what you want them to know.
Don't give up! I believe you have the adequate knowledge to succeed, you just need to present it in the right way smile.gif

This is afterall just an exam.
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Can't agree more...

notworthy.gif

pherac
post Feb 19 2013, 10:47 PM

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QUOTE(oOoproz @ Feb 19 2013, 02:33 AM)
Must always stay alert  rclxub.gif
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haha robbers nowadays always come up with new tricks...
thanks for the advice

QUOTE(lwk1988 @ Feb 19 2013, 11:07 AM)
Should be more careful at night. Day time should be ok. A lot ppl. Yesterday after P4 class end at night, it is so scary walk to Plaza Rakyat LRT station. No ppl on the street
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maybe walk to masjid jamek more people?
yah..morning a lot of people.. even the small streets got stalls everywhere
but night time.. i haven't tried yet
pherac
post Feb 20 2013, 10:05 AM

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QUOTE(hurly @ Feb 20 2013, 06:38 AM)
i used to go to p5 classes at EJ and used to walk to Masjid Jamek LRT Station after class. I think there are some people there actually. Some shops are still open. Kedai Mamak, 7E and McD are around there so people still come and go. But watch yourselves when crossing the road around that time.
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Thanks for the heads up, really appreciate it.
pherac
post Feb 21 2013, 11:32 PM

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QUOTE(lwk1988 @ Feb 21 2013, 11:08 PM)
today after P5 class, I walk to Majid Jamek. Got a group of student walk go there also. Are you currently working?
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Eh i was one of the students that walked among them.
Actually just me and 2 other guys... all chinese ...
Are you the one in blue shirt?
Cause that guy scared me when i tried to open the door before the class started lol

Umm no... i'm not working

This post has been edited by pherac: Feb 21 2013, 11:32 PM
pherac
post Feb 22 2013, 01:49 AM

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QUOTE(lwk1988 @ Feb 22 2013, 12:59 AM)
Not aware of that scaring incident although i sat quite front.
I wear red shirt. I left the class after almost everyone left.

I'm not working also.
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Then ... not you ...

Cause i was among the first few students who left the class.
You left late.
I noticed mr chan likes to use the terms 'put in the simple' 'generally speaking' biggrin.gif
pherac
post Feb 22 2013, 09:18 PM

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QUOTE(Naj91 @ Feb 22 2013, 05:02 PM)
Hello, i decide to take f7 n f8 exm this june. I think spencer cheah and marcus ong is good lec bcoz they  give simple note with mind mapping. but i'm too late to register because i will get salary next week but people at ksa said that if i register next week they will not give the note..so I think maybe i should juz do self study because if i register i didnt get notes.so no point. Can u guys give suggestion which text book is good enough for selfstudy? Is it GTG or BPP for f7 and f8? Tq
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gtg is too detailed, i doubt you can finish the book esp if you are working.
I self studied for f7 and got 83. Basically i just watched video lectures on topics that i didn't quite understand and i did a lot of past year questions just to get myself conditioned with the time and questions. I think you can just use BPP book for reference and then do extra reading on stuff that you need more understanding on.

F8 you can just use BPP. But I'd recommend you to watch some online video lectures as well to fully grasp the concept first. That eill make your studying so much easier and effective.
pherac
post Feb 23 2013, 02:32 AM

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QUOTE(Naj91 @ Feb 22 2013, 11:14 PM)
thanks.really need that.
where can i find video lec?
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youtube, open tuition and some lsbf videos i downloaded through torrent sh....

yeah... they should give you the notes i think?
if u really wanna go for the class, maybe can nego with them...
if not just borrow from ur classmate and photostate?
i went to ksa last sem
pherac
post Feb 23 2013, 11:56 AM

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QUOTE(Naj91 @ Feb 23 2013, 10:25 AM)
U went to ksa? For 2nd term or revision class? For which subject?
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For P1 to P3 for Term 1. P1 and P2 i followed til the end of Term 2. P3 i dropped after Term 1 and joined Michael's 4 day talk course.
I never attended IRC before. More of a self study kind of person.

Now I'm at elitejaya. Will go for IRC cause February intake fees already include it. More like I'm forced to go haha. I got all the notes for Term 1 as well.
pherac
post Feb 23 2013, 12:01 PM

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QUOTE(Naj91 @ Feb 23 2013, 10:41 AM)
For f8 i think i juz reg for irc since i need to memories. (i'm sure that i will sleep in the class since its no need calculation+  air conditioned there huhu) .thanks for your advice.Really need that.thanks
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Personally I'd say calculation part is the easiest. For subjects that require memorising, if you a) don't know the stuff = nothing to write b) memorised the stuff but can't see how you can apply in the questions......you're pretty much dead.

only go for irc after you've covered the whole syllabus. IRC is all about exam techniques and tackling exam questions.
pherac
post Feb 23 2013, 05:02 PM

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QUOTE(Naj91 @ Feb 23 2013, 01:38 PM)
Wow so you R my senior coz already at the Prof level.congrats
Thanks for the advice.
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Haha you can say that ... I'm doing my last 2 papers this semester. rclxms.gif

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