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Business ACCA (v2)

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niu_niu
post Dec 31 2006, 06:32 PM

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QUOTE(b3llad0nna @ Dec 31 2006, 02:45 PM)
Hey guys, I was just reading thru the ACCA conversion the other day and I noticed that in the new syllabus the compulsary papers in part 3 are the first 3 papers P1, P2 and P3 unlike our old syllabus where the compulsary papers are the 3 last papers 3.5,3.6,3.7.

So that would mean that under the new syllabus we must sit for our compulsary papers first before we can attempt for the optional papers, rite? hmm.gif

And another thing that came to my attention is.. theres a new module called the Ethics Module for acca members who register for the first time in Jan 07. Does anyone know what exactly this module is? Is it examinable? Whats the syllabus?
Its optional for existing members to sit for the module.. Do u think we shud?
*
Yes, u are absolutely right....sit for core papers 1st then go for optional papers....This mean, the syllabus under optional are much more wide!
I got no idea about the ethics module...hopefully i will pass by this june 2007 sitting or else i'll be effected by the conversion....
G[a]rY
post Jan 2 2007, 10:40 PM

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QUOTE(b3llad0nna @ Dec 31 2006, 02:45 PM)
Hey guys, I was just reading thru the ACCA conversion the other day and I noticed that in the new syllabus the compulsary papers in part 3 are the first 3 papers P1, P2 and P3 unlike our old syllabus where the compulsary papers are the 3 last papers 3.5,3.6,3.7.

So that would mean that under the new syllabus we must sit for our compulsary papers first before we can attempt for the optional papers, rite? hmm.gif

And another thing that came to my attention is.. theres a new module called the Ethics Module for acca members who register for the first time in Jan 07. Does anyone know what exactly this module is? Is it examinable? Whats the syllabus?
Its optional for existing members to sit for the module.. Do u think we shud?
*
ya, agree.. but will that really mean the optionals will be much tuffer than core in new syllabus..?? Watz their reason by twisting the optionals n core in actual..??

i think not much ppl is clear about the ethic module as most of us also got exempted from it.. Itz an online exam, which i would say not that difficult to pass, just testing on ethic isue.. Do you guyz think that ethic module important.?? I dun really bother of it as i think it like nth only.. (student register first b4 Jan07 is not compulsory to take, but is 'encourage' to opt for it)
niu_niu
post Jan 2 2007, 11:33 PM

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QUOTE(G[a]rY @ Jan 2 2007, 10:40 PM)
ya, agree.. but will that really mean the optionals will be much tuffer than core in new syllabus..?? Watz their reason by twisting the optionals n core in actual..??

i think not much ppl is clear about the ethic module as most of us also got exempted from it.. Itz an online exam, which i would say not that difficult to pass, just testing on ethic isue.. Do you guyz think that ethic module important.?? I dun really bother of it as i think it like nth only.. (student register first b4 Jan07 is not compulsory to take, but is 'encourage' to opt for it)
*
Yes...optional will of course will be tougher. The reason, very simple...Optional paper is the paper for u to choose ur "CAREER" or in which "FIELD" you want. As u can see the module got adv audit, advanced tax, advanced financial mgmt and another one i cant remember...oopss biggrin.gif check the website la...
All papers are worded with ADVANCE...so nothing to be surprise. Will be tougher.....
Ethic module? Izit same as the paper Professional Accountant? Heard that Pro Acc'tant paper is a combination of audit, law and corporate governance which i think would be very dry and killing paper. I m praying that i will pass my 3.7 this time so i no need sit for that paper. IMO, ethics quite important also. U learn about ur legal liability as a professional accountant or any profession and also corporate governance...very important since enron, world com case ler......U will know about this when u study audit later.... icon_idea.gif
G[a]rY
post Jan 2 2007, 11:43 PM

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Erm, how much ll it helps by knowing legal liability bla bla to prevent another enron case..?? It jus like teaching a samseng civiks education (pendidikan moral).. Dun tell me the enron case, he himself dunno his own risk of doing it..
niu_niu
post Jan 3 2007, 12:30 AM

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QUOTE(G[a]rY @ Jan 2 2007, 11:43 PM)
Erm, how much ll it helps by knowing legal liability bla bla to prevent another enron case..?? It jus like teaching a samseng civiks education (pendidikan moral).. Dun tell me the enron case, he himself dunno his own risk of doing it..
*
You will know it when u study the code of corporate governance, sarbanes oxley act, etc....you will regret if u know 2 much now biggrin.gif .....coz quite difficult in exams!
G[a]rY
post Jan 3 2007, 11:16 AM

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QUOTE(niu_niu @ Jan 3 2007, 12:30 AM)
You will know it when u study the code of corporate governance, sarbanes oxley act, etc....you will regret if u know 2 much now  biggrin.gif  .....coz quite difficult in exams!
*
Haha, again senior scaring junior on acca part 3.. rclxub.gif
by the way, in which paper we ll be learning all these stuff..??
Irresistible
post Jan 3 2007, 12:00 PM

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Does ACCA recognised by government ?? Is it equivalent with degree in the view of government??[/b]
If I wan to teach secondary school or become tutor or work in government field, is it possible with ACCA since I don't have any Degree??

This post has been edited by Irresistible: Jan 3 2007, 12:00 PM
-= Virgil =-
post Jan 3 2007, 07:59 PM

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To all those who have finish their OBU, i am planning to take the OBU this semester.. I wonder if any of you has any tips on topics that are easy to gain marks & information about the topic easily obtainable.
niu_niu
post Jan 3 2007, 08:47 PM

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QUOTE(G[a)
rY,Jan 3 2007, 11:16 AM]Haha, again senior scaring junior on acca part 3.. rclxub.gif
by the way, in which paper we ll be learning all these stuff..??
*
Haha...im not scaring u la....im not that so senior yet anyway....Erm, most of it is in 2.6 n 3.1...and then the ethics n corp gov are scattered in some chapter in core papers esp 3.5 n 3.7..... icon_idea.gif

QUOTE(Irresistible @ Jan 3 2007, 12:00 PM)
Does ACCA recognised by government ?? Is it equivalent with degree in the view of government??[/b]
If I wan to teach secondary school or become tutor or work in government field, is it possible with ACCA since I don't have any Degree??
*
I'm not sure whether gov will recognise ACCA or not...But if u want 2 work for government, try go to IRB/LHDN....they will provide training as i heard from my lecturer....got some allowance during training drool.gif ....im not sure still can apply or not la....

This post has been edited by niu_niu: Jan 3 2007, 08:50 PM
ChaSm
post Jan 4 2007, 05:15 PM

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I'm BACKKKKKKKK!!!!

QUOTE(G[a]rY @ Jan 2 2007, 11:43 PM)
Erm, how much ll it helps by knowing legal liability bla bla to prevent another enron case..?? It jus like teaching a samseng civiks education (pendidikan moral).. Dun tell me the enron case, he himself dunno his own risk of doing it..
*
Basically, i guess it's like learning Moral back in high school. It just teaches you what's right and/or wrong. What you should do and what you should NOT do. Don't think it has anything to do with legal liability. It's just to instil an ethical behavior when you're in the working world.

QUOTE(Irresistible @ Jan 3 2007, 12:00 PM)
Does ACCA recognised by government ?? Is it equivalent with degree in the view of government??[/b]
If I wan to teach secondary school or become tutor or work in government field, is it possible with ACCA since I don't have any Degree??
*
ACCA IS recognised by the Malaysian government. It should be possible to be a tutor or work in government school with an ACCA certificate. ACCA indirectly makes you a member of the MIA if i'm not mistakened. And so, if ACCA is not recognised, therefore MIA is not recognised as well.

You can always opt to get a degree from OBU if you're afraid. However as far as i know, OBU is NOT recognised by the Malaysian government. No problem for private firms though.

QUOTE(-= Virgil =- @ Jan 3 2007, 07:59 PM)
To all those who have finish their OBU, i am planning to take the OBU this semester.. I wonder if any of you has any tips on topics that are easy to gain marks & information about the topic easily obtainable.
*
Topic 8 is the easiest in my opinion. You don't have to make any trips for interviews and stuffs. Everything is available via the internet.


OT: Happy birthday belladonna!!! (albeit it's belated tongue.gif tongue.gif, But hey, its the thought that counts right?)

G[a]rY
post Jan 4 2007, 09:16 PM

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QUOTE(Irresistible @ Jan 3 2007, 12:00 PM)
Does ACCA recognised by government ?? Is it equivalent with degree in the view of government??[/b]
If I wan to teach secondary school or become tutor or work in government field, is it possible with ACCA since I don't have any Degree??
*
Yes.. ACCA is recognised by JPA.. LAN, anyhow, recognise acca accordingly thru the coll, example sunway.. In misa, acca is equivalent with degree, working in govern field is not a problem at all..

Anyhow, acca is not 'fully' recognised by the government.. msia seems yet to support such 'professional degree'.. example, ptptn doesnt provide loan to acca course..
-= Virgil =-
post Jan 5 2007, 11:49 PM

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QUOTE(ChaSm @ Jan 4 2007, 05:15 PM)
Topic 8 is the easiest in my opinion. You don't have to make any trips for interviews and stuffs. Everything is available via the internet.
*
Is Topic 8 "Analysis of financial situation of an organisation" ?

Wouldnt that require interviewing key staffs of the respected organisation?
ChaSm
post Jan 6 2007, 01:20 PM

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QUOTE(-= Virgil =- @ Jan 5 2007, 11:49 PM)
Is Topic 8 "Analysis of financial situation of an organisation" ?

Wouldnt that require interviewing key staffs of the respected organisation?
*
Yes.. That's the one..

No.. You do not have to interview anyone.. It's not compulsary at least.. You can complete the whole report with just the 'annual reports' of the relevant company.. At least that's what i did.. In the annual reports, there will be a section from the 'directors remarks'.. You may quote from there if you wish to i guess..
faith77
post Jan 10 2007, 10:01 PM

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Hi everyone,

i am having difficulty right now. i need to know where to get 2.3 business taxation books(malaysian variant). i need to buy this book for june 07 acca exam. please anyone knows where to get it,let me know ASAP.

i donno whether i can pass by study on my own. if u guys can advise me on this matter, it is much appreciated. thanks.

faith
HBK
post Jan 11 2007, 12:18 PM

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QUOTE(faith77 @ Jan 10 2007, 10:01 PM)
Hi everyone,

i am having difficulty right now. i need to know where to get 2.3 business taxation books(malaysian variant). i need to buy this book for june 07 acca exam. please anyone knows where to get it,let me know ASAP.

i donno whether i can pass by study on my own. if u guys can advise me on this matter, it is much appreciated. thanks.

faith
*
choong kwai fatt book would be preferable..others might be malaysia tax workbook by Faridah ahmad..of course its good to attend class because 2.3 is on calculation,and tax law(e.g when to treat some items i.e entertainment exp 50%, the 75%rule,the capital,balancing allowance,etc..)and also which is the important area..
Joel718
post Jan 11 2007, 12:44 PM

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HEY guyss.....i need help oso...

AUDIT paper is dry n killing le......can any seniors provide any gud advice 2 tackle tis paper ?? wat audit reference buks do u guys recommend??

taxation wat textbuks 2 recommend oso??? wic is d important area in taxation??

thank you....
roy_pck
post Jan 11 2007, 02:46 PM

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QUOTE(faith77 @ Jan 10 2007, 10:01 PM)
Hi everyone,

i am having difficulty right now. i need to know where to get 2.3 business taxation books(malaysian variant). i need to buy this book for june 07 acca exam. please anyone knows where to get it,let me know ASAP.

i donno whether i can pass by study on my own. if u guys can advise me on this matter, it is much appreciated. thanks.

faith
*
u can get CKF's Malaysian Taxation textbook@SEGi (omg i hate segi vmad.gif )...2006 tweleve edition which contains budget 2006...d price is RM90 if im not mistaken.FYI june 07 will b last sitting using budget 2006.
if u've attempted 2.3 b4 then i think it's ok if u study on ur own. else, if u can afford, it's advisable to go for classes. which lecturer to go for? refer 1st page plz.
2.3 although mainly calculation is focusing more on theories nowadays...the questions set are approaching new syllabus but generally it's still a comparatively easy paper smile.gif

QUOTE(Joel718 @ Jan 11 2007, 12:44 PM)
HEY guyss.....i need help oso...

AUDIT paper is dry n killing le......can any seniors provide any gud advice 2 tackle tis paper ?? wat audit reference buks do u guys recommend??

taxation wat textbuks 2 recommend oso??? wic is d important area in taxation??

thank you....
*
ya audit paper is dry...all u need to do is understand the principles and apply it under different cases. i personally recommend mcorange sheila's notes thumbup.gif laugh.gif
niu_niu
post Jan 11 2007, 11:08 PM

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From: Kay_Hell

QUOTE(Joel718 @ Jan 11 2007, 12:44 PM)
HEY guyss.....i need help oso...

AUDIT paper is dry n killing le......can any seniors provide any gud advice 2 tackle tis paper ?? wat audit reference buks do u guys recommend??

taxation wat textbuks 2 recommend oso??? wic is d important area in taxation??

thank you....
*
Audit can be interesting if u can imagine urself into the virtual position of an auditor. Well, imagination is really vital in audit....ur mind must be quick enough to think when answering Q in exam. Ur mind must think at a faster rate of ur writing speed....
If u want basic understanding of audit...dont look at ur study text la....FTC n BPP did a very lousy job on the study text.....
Try 2 refer to Margaret Boh's Auditing and Assurance in M'sia for more basic n simple approach to auditing. Another book is Auditing and Assurance in M'sia by A Arens....these books i've used quite alot during my 2.6 internally assesed paper in TARC.... icon_idea.gif 3.1 refer textbook or any study text also not really helpful, open book u also cant do the exam paper!
After attempting both 2.6 n 3.1, i feel working experience will help more in 2.6 rather than 3.1...3.1 is the most difficult paper for part 3 i can say!! mega_shok.gif

This post has been edited by niu_niu: Jan 11 2007, 11:09 PM
faith77
post Jan 11 2007, 11:31 PM

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Thanks HBK and Roy for answering my question. How many times do i have to attend the classes in either colleges in Kuala Lumpur? because i thought it is like 5 times only for the complete full time course, correct me if i am wrong.

i really dont understand why does Sunway college offer a distance learning course for paper 2.3 Business Taxation but on UK variant only, not malaysian variant, is there any difference between UK variant and Malaysian variant?

which one should i choose?

This post has been edited by faith77: Jan 12 2007, 10:04 PM
Joel718
post Jan 12 2007, 12:10 AM

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QUOTE
Audit can be interesting if u can imagine urself into the virtual position of an auditor. Well, imagination is really vital in audit....ur mind must be quick enough to think when answering Q in exam. Ur mind must think at a faster rate of ur writing speed....
If u want basic understanding of audit...dont look at ur study text la....FTC n BPP did a very lousy job on the study text.....
Try 2 refer to Margaret Boh's Auditing and Assurance in M'sia for more basic n simple approach to auditing. Another book is Auditing and Assurance in M'sia by A Arens....these books i've used quite alot during my 2.6 internally assesed paper in TARC....  3.1 refer textbook or any study text also not really helpful, open book u also cant do the exam paper!
After attempting both 2.6 n 3.1, i feel working experience will help more in 2.6 rather than 3.1...3.1 is the most difficult paper for part 3 i can say!!


soli ar...i din clarify 2 u guys...im currently taking paper 6 7 8 9....

p8 is audit paper....n i find it quite hard 2 understand d text....
n contents of d BPP textbuk are not organised well ....

wich buk 2 recommend for CAT paper 8....d passing rate is v low...

QUOTE
ya audit paper is dry...all u need to do is understand the principles and apply it under different cases. i personally recommend mcorange sheila's notes


sheila's notes suitable for CAT standard ?? soli din clarify...

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