may i know can we pay acca fees with a debit card?

Guys, what's after ACCA?

Auditor at big 4? My lecturers all say this is a "stepping stone" into a better future. I know that having a few years of auditing under my belt would really increase the value of my CV, but is this the best way?

What about other departments in big 4? Such as GST/ tax/ finance etc? Say if I went in for GST dept for 2 years, when I switch jobs, what else could I do? GST again? Or will I have to start from bottom up again since previous experience of GST is specifically applicable to only within that scope? BTW, anyone heard how's the job like in GST dept?

Another option I am considering is working at a MNC. But the job opening is for SAP. Will this warrant for the 3 years experience required since its kind of audit based? But what will my options be in the future? Again, do I have to find another job based on the same department or will I have to start from the bottom again?

In the end, from what I see, only audit gives a good solid foundation which I could use for a wide range of job scope. Or am I terribly wrong here? Please advice. Interested to hear feedback from seniors like @frodo baggin

Anyone here going for obu degree graduation ceremony on august in kl?

No one reply me! Anyone been to obu graduation ceremony before?

Nope. I have never been to.
By the way, why do people go there? What for?

Should I take F8 with p2/p1/p3?? Currently studying PT, need advice 

Just received an e-mail from acca saying that I can get advanced diploma in accounting after completing all fundamental exams.Anyone receive b4?

No one reply my doubt >< anyone here went for the obu degree ceremony?

guys, just to check, any good lecturer to recommend for P7?
thanks in advance!

Hey is it ok to use blue gel pen in an exam?

Any sifus here know if its possible to buy Sunway Lecturer's own textbook although i'm not enrolled in their classes? I'm specifically looking at P1 text/revision notes.

Appreciate some feedback!

I'm rather complacent as studying full time means having too much time. When i work, there's only little time that i need to study even during lunch time   

Anyone watch suits here? Would be nice to finish a 500page book in one night like mike ross.

Depends on a few things. An example would be like some junk classic car, but after fixing it up the value appreciates as the years go buy. Sort of like a U shaped curve.

First off is the recognition criteria. The financial standard to be applied would be IAS 16 Property Plant and Equipment.

Since you mention Asset A is experiencing depreciation, I'll make some assumptions in my answer:

1) ASSUMPTION: Asset A is a Non-current asset. Meaning that your entity controls the asset and experiences the risks and rewards associated with the asset, with possible inflows of future economic benefit arising from the asset, And that the value is reliably measurable.

2) ASSUMPTION: Orgininally, the cost model is applied to Asset A, where it's recognized on the SOFP at cost and depreciated over its useful life.

3) ASSUMPTION: It is unclear whether the parts that you have changed to Asset A could be recognized as an asset, or simply as maintenance costs. Need to reapply the recognition criteria as stated in 1) above.

4) ASSUMPTION: If Asset A is experiencing appreciation, it would mean that the entity controlling the asset has changed the measurement criteria from a cost model to a revaluation model.

A revaluation model is where the Value of the asset is consistently evaluated based on available market prices. This value would be called fair value.

The use of the revaluation model is dependent on whether the fair value of Asset A can be measured reliably on the market.

5) Additional notes: The entity holding the asset can choose either a cost model or revaluation model. However, the entity must consistently apply the same model across all assets in the same class!

This is a good reply and point 3 looks very plausible - nicely done.  I will just add a few extra cents to this.

On the other hand it just management that wants to capitalise their expenses rather than expense it off.  They want to claim that repairs to the machine is the reason the value went up.

You will have to consider the following standards closely
IAS 16 and IAS 36

It could just be a change in estimate
IAS 8





hope that helped.

p6 or p7? which one do u guys feel heavier?
i'll be having my peak sept-jan so the coming sem i'd like to sit for a lighter paper.

at first i was thinking to take p6 first because i'm in tax line.
so i suppose studying tax should be easier for me.

but then considering the fact that i've just finished my p2 so should i go for p7 first?
as all ias/ifrs are still fresh in my mind.
plus i'm not sure whether i'll pass my p2 so studying something close and relevant might seem to be a better decision.

can anyone tell me how related is p7 to p2?
or how different are they.

many thanks!

You have decided which online class to go?
I am considering to take online class between BPP vs LSBF vs Kaplan

Hope to receive some suggestions at here.
If there are other good online institution providers, please suggest and I might consider for it too.

Questions. Is the MQA approval important ? Since it is QAA approved course, does that mean it is not recognized in Malaysia?

If I did my OBU, does OBU carries the value of an accounting degree?

Hi. Just thought I'd pay this thread a visit (completed ACCA 2 years ago)

Just a word of advice to everyone, seeming that a popular question I notice around here is regarding which lecturer n which tuition provider should you be taking.

You seriously, do not need to consider too much on where and with who you are studying the paper with. Honestly speaking, all you need are these items:

1. Past years (can download from ACCA website)
2. Text book (BPP is my favorite)
3. Willpower

U see, if you're at F levels, u can just sit down, do past years for like 10-15 times (always look at the answers), and when the real thing is in front of you, you'd realize it is something very very familiar.

Okay, if you're at P levels, P1 and P3 u can still afford to do that kind of studying. Always look at the answers, no point trying to remember stuff or try to understand too much because everybody knows in the end u either:-

1. take too long to understand
2. you dont have enough time

So my advice would be, for any kind of paper, look at the model answers, AND, come up with single keywords. each keyword would represent a point, try to always come up with 10 key words, coz thats what examiners look for anyways, 1 point for 1 keyword.

for P2 and other optional papers, things get tough. You will have to exhaust your entire resources to prepare for this. Do your past years, read ur text book, on standards, if theres exam kit then do that too. Trust me, at this level its not something that you can expect a pass if you havent finished ur whole textbook, or have not understood ALL standards. Its a must.

Now, to strategize,

during exams, in the first 15 mins reading time, DO NOT FOCUS ON section A or section B. FOCUS ON THE kuci miao miao questions at the back. Those 15 10 mark questions. Remember my keyword style? yeah, if you have really covered everything, everything in the texbook past years etc, coming up with keywords would be a breeze. Just write 10-15 keywords per question on the question paper first, and as soon as time starts, whack those beeches at the back, do not take any more than 45 mins to complete them, or at least substantially complete them.

People just suk at time management, believe me. I was there too. Until i realized that theres no point spending too much time at low point questions and end up with less time for the front.

Then, u would realize that you would have 2 hrs plus to complete section A and section B, at this point its all the experience and knowledge that you possess after the crazy repetitive past years and text books.

I see A LOT of my friends, going for IRCs, extra class, this and that but all end up failing anyways. Because they dont have that determination to pass, and some are just too pampered.

I, skipped class for 2 months nearing exams. Just sat in the library from 6am until 9pm EVERYDAY to just study. It paid off.
So remember guys, its not about a perfect answer, no one can come up with that, and within that period of time? puhleasee.. Its about grabbing as much points as you can, cover all areas, know as much as your brain can afford.

So, hopefully my advice could be useful to someone here. Cheers.

Ms MAgdalene was my degree audit lecturer and she is very good. You will like her class. She will keep repeating the key words and you dont even need to memorise it and u can write it out in exam.

Currently Im attending P2 class with Ms Menon. I have to say Sunway fee is expensive but it carries it values. Degree students like us get to exempted F7, however our degree financial reporting syllabus is not compatible to F7. Without strong foundation in ur F7, you will face very hard time understanding P2. Therefore we paid premium to attend p2A class to revise the F7 syllabus. Others may say its just a trick to earn more money but for me, this p2a class is essential. Ms menon is very strict but I think she's very good. She seeks the easiest way to teach all the standards. 

As for p3, I attended MArcus Kasturi PJ. He's not bad too but somehow I felt that he talks too slow.

Just my 2 cents opinion

Alright, how many fundamental papers are there?
As I recall, there are three levels, right?

So upon completion of which level can one start to pursue the Degree ?