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niu_niu
post Nov 4 2006, 12:01 AM

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QUOTE(kitman @ Nov 3 2006, 10:57 PM)
i doubt any acca guys/gals at lyn are serious and boring tongue.gif

those thinking about doing acca - yes it's tough but in the end it's worth it as it form a very strong foundation to do whatever you like. you may start off as audit slave but you can end up as ceo,coo, cfo, marketing manager, hr, consultant, lecturer etc ..... but the hard part is passing smile.gif
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How many more years to go b4 u can bcome a member? If im not wrong u can get the tittle FCCA izit? R u working as an auditor now? But i thk it's ok to be an auditor for few years only la......not too long coz it's a mental n physical slavery...more worse than kuli..... biggrin.gif icon_idea.gif
ChaSm
post Nov 4 2006, 12:04 AM

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i'm seriously bored... sad.gif Though, i'm definitely not a serious and boring person? or at least i think i'm not? hmmm

Oh btw, i'm a part 3 ACCA student.. sucks hur? 2 papers left.. sad.gif
TSG[a]rY
post Nov 4 2006, 10:02 AM

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Haha, thanx for all ur supports in this thread guyz... I'm definately sure accountants, especially acca students are not bored one (perhaps got some la tongue.gif ).. serious doesnt means bored.. we are the future ceo/coo/cfo/watever o, who dare to comment we are boring..?? thumbup.gif hehe... In fact i personally think some engineers more bored, tongue.gif ..

QUOTE(Vampyr3 @ Nov 3 2006, 02:56 PM)
Wah, ACCA only ah? CIMA knot join?
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Haha.. thou most of the time ACCA n CIMA are enemies, we greatly welcome CIMA to this thread... thumbup.gif u guyz are ka ki lang here... thumbup.gif

Of course, the best would be once finish ur CIMA, come over n join ACCA part 3.. tongue.gif

QUOTE(ChaSm @ Nov 4 2006, 12:04 AM)
i'm seriously bored... sad.gif Though, i'm definitely not a serious and boring person? or at least i think i'm not? hmmm

Oh btw, i'm a part 3 ACCA student.. sucks hur? 2 papers left.. sad.gif
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welcome, ChaSm... cheear up, guy, dun worry ur boring anot, so long u make urself comfortable.. biggrin.gif taking exam dec.?? gudluck for ur final 2.. at least now need not to retake 3core papers together again like last time..
hikari
post Nov 4 2006, 10:10 AM

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QUOTE(niu_niu @ Nov 4 2006, 12:01 AM)
How many more years to go b4 u can bcome a member? If im not wrong u can get the tittle FCCA izit? R u working as an auditor now? But i thk it's ok to be an auditor for few years only la......not too long coz it's a mental n physical slavery...more worse than kuli..... biggrin.gif  icon_idea.gif
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yeah, i think after 3 years can get FCCA... auditor cham is it? but i think after working few yrs u'll get used to it :'(

QUOTE(ChaSm @ Nov 4 2006, 12:04 AM)
i'm seriously bored... sad.gif Though, i'm definitely not a serious and boring person? or at least i think i'm not? hmmm

Oh btw, i'm a part 3 ACCA student.. sucks hur? 2 papers left.. sad.gif
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aiyah.. 2 papers left.. very easy la.. just study hard hard and suffer for this 2 months!.. pass adi u'll have a better future then no need study adi biggrin.gif

gambateh! flex.gif flex.gif
TSG[a]rY
post Nov 4 2006, 10:37 AM

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QUOTE(hikari @ Nov 4 2006, 10:10 AM)
yeah, i think after 3 years can get FCCA...
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How long ll it take generally to obtained FCCA after being qualified as member..?? AFAIK, the requirement is getting credit of CPD, am i rite..?? i have no idea, wats CPD actly..??
Vampyr3
post Nov 4 2006, 12:04 PM

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QUOTE(G[a]rY @ Nov 4 2006, 10:02 AM)
Haha.. thou most of the time ACCA n CIMA are enemies, we greatly welcome CIMA to this thread...  thumbup.gif u guyz are ka ki lang here... thumbup.gif
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I didn't even know that ACCA n CIMA are enemies doh.gif.....used to have fun organizing activities with the ACCA club in college....heck, even my roommate is an ACCA........why the heck everybody keeps saying we're enemies?!
seantang
post Nov 4 2006, 02:01 PM

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QUOTE(niu_niu @ Nov 3 2006, 09:06 PM)
This ACCA thread, i recommend u ACCA! icon_idea.gif

Thanks, but the recommendation is a bit too late lah. I've finished all my studying almost 9 years ago.

No, I have always wondered how people chose. I made my choice based on the fact that I wanted to travel overseas abit.

Nowadays, I always ask this question to new 'accountants' (ooops, can't call them accountants yet until they get MIA membership) during job interviews, and I find that most of them are quite uninformed about what options were actually available to them. You'd be surprised how many chose their course because their friends did.
seantang
post Nov 4 2006, 02:10 PM

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QUOTE(G[a)
rY,Nov 4 2006, 10:37 AM]How long ll it take generally to obtained FCCA after being qualified as member..?? AFAIK, the requirement is getting credit of CPD, am i rite..?? i have no idea, wats CPD actly..??
A Fellow of any accounting association must generally be someone of high standing.

I can't speak for ACCA's methods in awarding FCCAs, but Australia CPA and ICAA awards FCPAs and FCAs usually to people with at least 10-15 or even more years of 'valuable' experience and are able to show some contribution to the profession. So, you need to be either very active in the professional bodies eg. training, policy-making etc, academia or be in a fairly senior position in a 'respectable' company.

The criteria is wide but requires a committee decision. So, unless you have somewhat of an accomplished career, you're not going to be awarded a fellowship.

This post has been edited by seantang: Nov 4 2006, 02:13 PM
TSG[a]rY
post Nov 4 2006, 04:07 PM

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QUOTE(Vampyr3 @ Nov 4 2006, 12:04 PM)
I didn't even know that ACCA n CIMA are enemies doh.gif.....used to have fun organizing activities with the ACCA club in college....heck, even my roommate is an ACCA........why the heck everybody keeps saying we're enemies?!
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Most of the students headache in chosing between ACCA-CIMA, so both fighting to grap more students lol... sorry if i do hurt u, i dun mean it.. In fact, i also have few CIMA students frens.. I meant the association fights, not the students... Erm, so far that i know coll who offer both CIMA/ACCA only FTMS n IPG...

QUOTE(seantang @ Nov 4 2006, 02:01 PM)
Thanks, but the recommendation is a bit too late lah. I've finished all my studying almost 9 years ago.

No, I have always wondered how people chose. I made my choice based on the fact that I wanted to travel overseas abit.

Nowadays, I always ask this question to new 'accountants' (ooops, can't call them accountants yet until they get MIA membership) during job interviews, and I find that most of them are quite uninformed about what options were actually available to them. You'd be surprised how many chose their course because their friends did.
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oh, look like ur holding some managerial position in accounting proffesion.. Are u from ACCA as well..?? For me, i choose accountancy based on my interest (none of my frenz take accounting).. Also, my family know nth much in accountacy, im the one putting in effort to search thru wat i wan, and thus i found ACCA suits me, bringing me to the directing im heading for... thumbup.gif thumbup.gif
coolly
post Nov 4 2006, 05:45 PM

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QUOTE(seantang @ Nov 4 2006, 02:01 PM)
Thanks, but the recommendation is a bit too late lah. I've finished all my studying almost 9 years ago.

No, I have always wondered how people chose. I made my choice based on the fact that I wanted to travel overseas abit.

Nowadays, I always ask this question to new 'accountants' (ooops, can't call them accountants yet until they get MIA membership) during job interviews, and I find that most of them are quite uninformed about what options were actually available to them. You'd be surprised how many chose their course because their friends did.
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ya,i do agree that in fact many people jus follow frens and not doing some research before considering option,so even when they are studying acca,actually they don't really understand the acca system... rolleyes.gif rolleyes.gif
hfmea
post Nov 4 2006, 05:49 PM

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seantang
post Nov 4 2006, 08:01 PM

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QUOTE(G[a]rY @ Nov 4 2006, 04:07 PM)
Most of the students headache in chosing between ACCA-CIMA, so both fighting to grap more students lol... sorry if i do hurt u, i dun mean it.. In fact, i also have few CIMA students frens.. I meant the association fights, not the students... Erm, so far that i know coll who offer both CIMA/ACCA only FTMS n IPG...
oh, look like ur holding some managerial position in accounting proffesion.. Are u from ACCA as well..?? For me, i choose accountancy based on my interest (none of my frenz take accounting).. Also, my family know nth much in accountacy, im the one putting in effort to search thru wat i wan, and thus i found ACCA suits me, bringing me to the directing im heading for... thumbup.gif  thumbup.gif
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How I wish I was managerial. I'm never the hiring manager, but I usually sit in on the hiring committee because they use my assessment of a candidate's training and interview performance to estimate his/her potential.

This question of how did you choose the course you chose is one of my favourite questions.
virginslayer
post Nov 4 2006, 08:19 PM

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lol..acca ,cima..his is all a intermediate stage la..im completing acca by next year..gonna further my study..gonna do my masters and cfa=)
Vampyr3
post Nov 4 2006, 09:48 PM

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QUOTE(G[a]rY @ Nov 4 2006, 04:07 PM)
Most of the students headache in chosing between ACCA-CIMA, so both fighting to grap more students lol... sorry if i do hurt u, i dun mean it.. In fact, i also have few CIMA students frens.. I meant the association fights, not the students... Erm, so far that i know coll who offer both CIMA/ACCA only FTMS n IPG...
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No worries, no feelings got hurt in the process, it's just that i felt funny coz why's everybody saying CIMA vs ACCA when there are so many kinds of professional qualifications out there......oh anyway, TARC offers both CIMA/ACCA too
TSG[a]rY
post Nov 4 2006, 11:18 PM

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QUOTE(virginslayer @ Nov 4 2006, 08:19 PM)
lol..acca ,cima..his is all a intermediate stage la..im completing acca by next year..gonna further my study..gonna do my masters and cfa=)
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great plan.. wher u plan to do ur master..?? ur planning to take both master n CFA together..??

QUOTE(Vampyr3 @ Nov 4 2006, 09:48 PM)
No worries, no feelings got hurt in the process, it's just that i felt funny coz why's everybody saying CIMA vs ACCA when there are so many kinds of professional qualifications out there......oh anyway, TARC offers both CIMA/ACCA too
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ops, sorry, ya, tarc also... tongue.gif
Mostly student out from secondary heading to either ACCA-CIMA or uni degree.. These two are the most popular accounting association in malaysia, rite..??
ChaSm
post Nov 5 2006, 03:04 AM

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I think Malaysia and well, perhaps Singapore are the only place where people take professional papers immediately after SPM/O levels equivalent?? Coz as far as i know, people from UK and most European countries takes it part-time whilst working... Strange isn't it?

Though, i could be wrong.. hehehe

Oh, btw, if i remembered correctly, it's 3 years to be an ACCA from affiliate, and subsequently another 10 years to be a FCCA? I'm not too sure about the "comtribution to the profession" part though..
virginslayer
post Nov 5 2006, 01:35 PM

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QUOTE(G[a]rY @ Nov 4 2006, 11:18 PM)
great plan.. wher u plan to do ur master..?? ur planning to take both master n CFA together..??
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most probably in Uk.nopez...i will do cfa while i am working=)
what about u?
TSG[a]rY
post Nov 5 2006, 01:47 PM

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Its alwayz better to have some working experience b4 taking up CFA.. Im still in consideration either choosing a Master of Finance (or perhaps just MBA) n CFA... Mayb i should get some working experienc first before deciding wher should i specializing at..
seantang
post Nov 5 2006, 03:36 PM

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QUOTE(ChaSm @ Nov 5 2006, 03:04 AM)
I think Malaysia and well, perhaps Singapore are the only place where people take professional papers immediately after SPM/O levels equivalent?? Coz as far as i know, people from UK and most European countries takes it part-time whilst working... Strange isn't it?

Though, i could be wrong.. hehehe

Oh, btw, if i remembered correctly, it's 3 years to be an ACCA from affiliate, and subsequently another 10 years to be a FCCA? I'm not too sure about the "comtribution to the profession" part though..
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I guess many Malaysians regard MICPA (now MIA qualification),ACCA and CIMA as a route to a professional accounting qualification without needing to get a degree first.

Associations in most Western countries, where university placement is less of an issue, typically require a bachelors' degree in accounting etc first before you can sit for the professional papers to get the professional qualification.

And only in Malaysia, are degree holders (ie. local accounting degrees only) allowed to attain professional qualification without sitting for professional exams.
seantang
post Nov 5 2006, 03:52 PM

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QUOTE(G[a]rY @ Nov 5 2006, 01:47 PM)
Its alwayz better to have some working experience b4 taking up CFA.. Im still in consideration either choosing a Master of Finance (or perhaps just MBA) n CFA... Mayb i should get some working experienc first before deciding wher should i specializing at..
Yes, unless you know very clearly exactly what job you want to do, I do think you should work first before you decide which postgraduate course to do.

And most reputable MBAs require some work experience (some more famous ones require that experience to be at managerial level of a sizable company) before they admit you into the course. And all top MBAs require extensive work experience if you do not have a first degree, even if you have a professional qualification.

A MBA is also about knowing yourself, your strength/weaknesses and your goals - so that you learn the maximum from the coursework, your lecturers and your classmates. And as a MBA student, you are expected to contribute to discussions, projects and networking. If you've never even worked before, what can you contribute?

MFA... usually for non-finance people who want a qualification for a finance role or for finance people who want to specialise in something very specific. My advice would be to maximise your ACCA or undergraduate accounting degree. Take the MINIMUM accounting subjects that the course requires (because you'll be learning lots of accounting in your future jobs) and take the MAXIMUM number of non-accounting subjects allowed.

For example, do a degree majoring in Accounting (in order to satisfy minimum entry requirements into a professional qualification) and minor / specialise in another subject like Economics, Statistics or Commercial Law. It's almost like a double degree but faster - you can spend the 1-2 years you save to get a higher qualification like a masters. So, after 4 or 5 years, instead of 2 bachelors degrees, you have 1 bachelors and 1 masters. No prizes for guessing which one employers value more.

What do you know about the CFA? Why the fixation on it? Do you know which type of jobs require a CFA qualification? Do you know what training the CFA provides and which activities that training will equip you for?

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