joey wong =)

i only went to his revision class...

and I've talked bout him in previous thread

^ if you wan to have a more relax study life and insurance in case you can't pass ACCA

>>>>degree

if you wan to save money and time, but don't mind the pressure and stress

ACCa<<<<<

in Sentral, ACCA student - professional course

is not entitled for book voucher

if u already got one....be grateful...dun be greedy

hi guys, I want to ask smtg bout the relevance of my understanding of "related company" under s2 of Promotion of Investment Act(PIA)

"related company"means a company

a) operations of which are or can be controlled directly or indirectly by the first mentioned company

-
(A)----50%------>(B)




b) which controls or can control either directly or indirectly the operations of first mentioned company

-
(A)<----50%-------(B)


this means A is related company of B and vice versa right?



below is the part where I couldn't understand clearly what they're trying to express:

c) the operations of which are or can be controlled, either directly or indirectly, by a person or persons who
control or can control, either directly or indirectly, the operations of the first mentioned company.

Provided that a company shall be deemed to be related company of another company if-

aa) at least 20% of its issued share capital is beneficially owned, either directly or indirectly, by that other
company;or

bb) at least 20% of the issued share capital of that company is beneficially owned, either directly or indirectly by
the first mentioned company


-
(B)<----50%-----C------50%--->(A)

at the same time

(B)-----20%---->C (aa)

or

(A)----20%---->C (bb)

which means A , B and C are 3 related companies?

This post has been edited by tzxsean: Apr 4 2012, 10:07 PM

in c), the existence of 3 parties doesn't make life easier. The use of "another company, the other company and first mentioned company" is not clear to readers that which company is what. It's so hard to grasp

his p2 class in penang oso always full 1 la..especially IRC

my advise is go early to get gd spot

^ do not rely on tips.

ffs Spencer everytime received calls from examiner to tell him the questions!!

^ im doing p6 this sitting

but next sitting will adopt latest changes

hence textbook might be outdated



This post has been edited by tzxsean: Apr 22 2012, 09:57 PM

applied but no response

you already paid the fees...dun give up now ...study as much as u can

who noes u might pass

while you sitting thinking how hard it is and wondering whether to give up or not

others, on the same path..using the time to revise as many as they can

this is the difference between the victor and loser

good luck on any decision u made

which papers?

have u consider switching?


you have come so far until 2 papers left...why did u gave up?

why not retry again?

core papers are not that hard now ...I guess

it's like to court death when you neglect certain areas in p2

cos it may ask multiple standards in 1 question

so read all !!

i personally feel luck and form at least affect 50% of the outcome

dun listen to others

u choose what u like or have interests

end of the day ... u cant pass it just like that if you have no interest or having hating attitude for that paper

believe in ur heart

p/s: not to say others are wrong..but own should follow own heart on things that decide ur future

This post has been edited by tzxsean: May 16 2012, 10:58 PM

1) ISAs
2) audit procedures
3) anti money laundering
4) ethics & independence
5) audit report format
6) quality control
7) audit planning
8) audit documentation


thats all i can remember for now

useful or not depends on ur field

having studied add math and math's formulas in secondary

is it useful in ur daily life?