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Business ACCA (v2)

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princessintan
post Nov 22 2007, 12:50 AM

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QUOTE(littlediana @ Nov 21 2007, 10:05 PM)
where is hall 1 in sunway college?
where we take the acca exam where is it?
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if im not mistaken, hall 1 is the mph la.


Added on November 22, 2007, 12:58 am
QUOTE(C_w_sam @ Nov 21 2007, 06:34 PM)
Helpp ... F8 is killing me =/
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f8 revision with ftms is good! CK Fung. explanation superb, clear cut, straight to point. textbook and examiner answer uh, their england i don't understand. sorry to say, better than, ehem, sunway audit lecturers. maybe coz he is very experience, super senior, he said he will be retiring soon.

This post has been edited by princessintan: Nov 22 2007, 12:58 AM
princessintan
post Nov 24 2007, 01:02 AM

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QUOTE(Zoeee @ Nov 23 2007, 02:53 PM)
Travel from early morning, pay petrol, pay parking fee, pay lrt fee, walk a long way reach paac... then no book... waste half day.. then travel back home... cry.gif

Really upset.... Never Never go for the class again... Thinking dun wanna sit for the exam.... rather dun go than fail... cry.gif
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dont give up! u paid the exam fees. call maxim jitu, maybe they still have f9 revision kit? i think one of us post the number &add in this thread last month

eii, sux la. dont know how to take care of customer. most colleges dont have to order-order books, notes or q&a. comes along as you pay enroll fees rite? i never trouble myself ordering or buying books. where got time?
princessintan
post Nov 24 2007, 05:49 PM

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sheila is teaching f8.


princessintan
post Nov 30 2007, 03:52 AM

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QUOTE(Irresistible @ Nov 29 2007, 06:35 PM)
Can someone briefly explain to me the conceptual framework on the current syllabus of P2 ?
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kaplan textbook, it is in chapter 13.
you have to know we have exposure draft on framework. supposedly the framework has already becomes outdated, where ifrs reflects current changes but framework is not, so iasb n fasb r reviewing n updating the framework on qualitative characteristic n measurement of element in f/s. you should read something regarding to preliminary view. im not sure it is updated in textbook, but u can find it on-line perhaps. it outlines the changes. by lecturer gave me article by richard gore. i dunno where she gets it from, but its a summary about it.


Added on November 30, 2007, 4:05 am
QUOTE(babysept @ Nov 29 2007, 11:11 PM)
oh gawd.. im kinda stuck wit P3 as well..

doin the exam kit now.. a bit blur blur..

and yea.. i gave up wit P2 ..  unsure.gif
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dont give up. i dont study much either. just focus q1 first ok. u know group will come out and you know that theory on ethics will come out.

the rest. focus on the ias n ifrs std that u already very well know with. lick ias39 if possible. i heard it will be tested through out the entire paper piece by piece.

my lecturer said, in p2, you must know std, so you memorised std. in exam just quote std, than do application. if application/calculation is wrong, u will be awarded on your knowledge on std. this is not 2.5 where they want to be technically sound.

the rest leave it to god.

This post has been edited by princessintan: Nov 30 2007, 04:09 AM
princessintan
post Dec 2 2007, 01:58 PM

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QUOTE(ellimist @ Dec 1 2007, 08:09 AM)
Yea,that's what my lecturer from Sunway said as well. I really hope this helps,as I'm starting to give up on P2 as well sad.gif
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you give, i give up, everybody give up on p2. come on lets give up together-gether. hahaha
princessintan
post Dec 4 2007, 10:04 AM

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QUOTE(Irresistible @ Dec 3 2007, 11:39 PM)
Kelayakan    :

    (a) (i) Ijazah Sarjana Muda Perakaunan yang diiktiraf oleh kerajaan  daripada institusi-institusi pengajian tinggi tempatan atau kelayakan yang  diiktiraf setaraf dengannya.
  (Gaji permulaan ialah pada Gred W41: P1T8); ATAU

(ii) Ahli Penuh Badan-Badan Ikhtisas Perakaunan yang diiktiraf oleh kerajaan.
(Gaji permulaan ialah pada Gred W41: P1 T8);  ATAU

(iii) Ijazah Sarjana Muda Perakaunan yang diiktiraf oleh Kerajaan serta menjadi Ahli Penuh Badan-Badan Ikhtisas Perakaunan yang diiktiraf.
(Gaji permulaan ialah pada Gred W41: P1 T9);  ATAU

(iv) Ahli Penuh Institut Akauntan Malaysia.
(Gaji permulaan ialah pada Gred W41: P1 T10)
ACCA fall in which category ? Category (iv) is MIA ? After 3 years experience, can qualified as MIA member?
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is that kelayakan to join the government right? they dont really give damn u acca or master or what. u start below along with those degree holders (all will start at grade w41) and you have to wait ages to get promoted. ppsss: dont want la. money not that good anyway. hoho


Added on December 4, 2007, 10:21 am
QUOTE(scorpiok @ Dec 3 2007, 11:56 PM)
i have a question to ask here...
negative goodwill on subsidiary we need to credit to I/S.
but for the negative goodwill on Associate, wat should we do when using equity method..
is it we COI + share of post acq profit + negative goodwill
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what i know, equity method, 2 ways :

1. coi + post res of H% - goodwill imp ------------> not -ve goodwill but goodwill impaired. different ok
or
2. FV of NA at ye of H% + goodwill not imp

QUOTE(scorpiok @ Dec 4 2007, 12:39 AM)
But the past year(june 2007) im doing now, over the suggested answer there , the examiner shows that the carrying amount of associate should calculate like tat. the method he use is COI + post acq profit + negative goodwill.because i never saw this before so need to confirm here.

anyway..thx...
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eh... june 2007? glove, body and fit? where got associate? i dont see any associate. blink.gif no -ve goodwill also

glove owns body 80%
glove owns fit 56% indirect method

This post has been edited by princessintan: Dec 4 2007, 11:02 AM
princessintan
post Dec 6 2007, 03:55 AM

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hmm. i wonder if they will penalised me or over look my answer coz throughout the last few 45minute i was rushing my handwritting was very bad sad.gif

i wish i can hold back some time. i wish i didnt spend too much time for q1(a), too much time on the internal auditor independence too. uhhh... sux.

i should have taken normal accounting degree not acca. im not up for this whole crazy mumbo jumbo study like hard can also fail


Added on December 6, 2007, 5:45 ami think q1(a) should be toc. i did st. ohhh... no. looks like im gone case. sad.gif no mood to study the rest

This post has been edited by princessintan: Dec 6 2007, 05:45 AM
princessintan
post Dec 6 2007, 03:25 PM

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actually cash flow is the simplest !! if cash flow come out, thank god. u memorized format jea and open t-acc for every item except for debtor, creditor and inventory. get the bank balance figure. post it in the cash flow

my lecturer said chances for cashflow to come out is rather slim coz came out at dec06 dee.

high chances is group forex ias21. she said examiner wanted to tested forex for sometimes now but forex take up lotsa time not suitable for only 25marks. but now under new syllabus, q1(a) will be 35 marks not 25 anymore, high chances group forex comes out :-) watch out!

i focus on p1. i dont want to repeat p1. p1 is rather easy than p2.

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