Joe Fang's tips for Paper 2.5

Q1- consol balance sheet
Q4- ratios or combined cash flow & ratio analysis
FRS 138, 116, 112, 117, 137, 132, 136

anybody attended the 2.6 workshop conducted by ACCA? any tips to share here? come on man dont be selfish...good things must be shared together!!

full credits to Coolly for arranging the tips in a tidy manner...THANX!!!

This post has been edited by roy_pck: May 9 2007, 10:25 PM

Almost every college that offers ACCA does offer night (part-time) classes. kindly check out from them or visit their websites. the website address are in Page 1.

I noticed not many people willing to share tips here even though after attending revison classes. Why? come on guys...good things have to be shared together right? We need more Malaysia exam tips (eg: 2.2, 2.3, 3.2) as they are not covered in BPP and FTC tips.

Me myself will attend 2.6 n 3.2 IRC next week. After that I will post up the tips here. Come on guys...SHARE TIPS!!!

This post has been edited by roy_pck: May 12 2007, 11:02 PM

2.6 tips from Sheila @ Mc Orange

* conflict of interest
* independence
* what to do when fraud and defaults are found
* new client appointment (June 04 Q2)
* internal control - payment, sales & wages sys
* corporate governance
* factors to consider to set up internal audit department
* audit of trade receivables
* audit of revaluation or provision for damages
* analytical review
* audit automation
* audit report
* going concern
* ISA 260, 510, 230, 580


This post has been edited by roy_pck: May 16 2007, 06:42 PM

i attend FT IRC. of course i'm efficient...good things must share FAST!!

in my opinion 2.5 is far easier than 2.6. u know what are coming out in 2.5 (Q1=consol Q4=CF/ratio)...but 2.6

so many ppl asking for 2.3 tips...but SORRY I DONT HAVE

This post has been edited by roy_pck: May 19 2007, 09:57 AM

Sheila @ Mc Orange will be conducting a SPECIAL 3-hours session on tackling 2.6 examiner Alan Lewin's exam questions. those who have not attended her IRC r encouraged to attend as exam techniques are extremely important in tackling paper 2.6.

the details are here. feel free to download.

This post has been edited by roy_pck: May 19 2007, 09:54 AM

haha sorry for let you guys waiting for 3.2 tips. i haven't got it from my friends who attended segi's irc and chow chee yen's irc. wait la once i got it will post it up immediately!

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Added on May 22, 2007, 1:48 pmas i know CKF does not conduct any classes this sitting

This post has been edited by roy_pck: May 22 2007, 01:50 PM

alright the waiting is over. here's the tips given by SEGI 3.2 lecturer (not very specific though).

* trade association
* personal tax
* RPGT
* crossborder transaction
* company tax
* group relief

i need 2.5 tips by Haneef and/or other lecturers. any?

This post has been edited by roy_pck: May 22 2007, 06:09 PM

3.2 (MYS) tips from Chow Chee Yen @ Mc Orange

* tax planning for companies- corporate tax planning (group relief)
- transfer of assets & transfer of shares

* tax planning for individual- self n joint asses
- tax borne by companies

* RPGT - RPC para 3 (b) sch 2

* investment incentives- pioneer status/ITA
- MITC
- cost of acq of proprietery rights / foreign companies
- export allowance

* Labuan/ insurance/shipping/ trade association/ islamic banking

* personal finance

* withholding tax & DTA (S109B/S107A)

I NEED 2.5 TIPS BY HANEEF PLEASE!!!

p/s: coolly please kindly compile it together with my post #1058 and put it on the 1st page. thanx.

This post has been edited by roy_pck: May 23 2007, 11:28 AM

thankx man. really desperate for the tips.
bout the new 2.5 n 3.6 new lecturer in Mc Orange. Chan Tze Kang (partner of Mc Orange) told me that Joe Fang will not be conducting classes for both papers next sitting coz he is busy with some other stuffs. he will be replaced by a "lecturer in KL that we all know" but Chan refused to reveal who he is. since now so many ppl say that he is haneef, then haneef i hope he will be. how nice if haneef is teaching in Mc Orange!!! looking forward to attend his P2 next sitting

Chan also said that new timetable n course fees should be available by next fri...so we will wait n c!!

This post has been edited by roy_pck: May 24 2007, 11:01 PM

those are rumours only...not yet confirmed 1. but i think 90% the new lecturer is Haneef lo coz they announced is "a HIM who has been teaching in KL more than 10 years". who else if not Haneef? Mc Orange rulezzz!!!

yes. Chan just confirmed that HANEEF is coming to Mc Orange next sitting. looking forward to attend his P2 classes and most importantly, no need to bear with SEGi unfriendly staffs anymore!!!

McO, i'm lovin' it...parapapapa!!!

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Added on May 26, 2007, 11:10 pmjust finished attended Mr. Chan 3.3 IRC...will post up his emphasis of the syllabus within these few days...stay tune!!

This post has been edited by roy_pck: May 26 2007, 11:10 PM

ok. just checked out Mc Orange new timetable. Mr. Haneef is indeed the new lecturer for P2 & F7 SEGi SUX WEI!!!

basically there's not much changes in Mc Orange lecturer's team next sitting. please take note that they are only offering P5 (3.3) & P6 (3.2) classes for options module.

by the way, anybody has any idea who is this Mr. Tham Keong Fatt? he will be teaching P3...heard he is from Ipoh

2 days to go for ACCA war. will not online until 12th (final paper of 2.6). i wish all you ACCA warriors best of luck and KEEP FIGHTING!!! LET'S SHOW ACCA OUR TRUE COLOURS!!!

wah finally i'm back!!!

ACCA has been killing me for me the past 1 month...no time to sleep, no time to online, no time to even cut my hair!!! anyway it has all ended today!!!

anyway...i think i din't do my best this time round.

3.2 = FAIL as expected

2.5 = totally destroy my confidence. Q1 was easiest consol questions among all. Q2 was totally disaster. never seen such complicated Q2 before. Q3 was weird. Q4 was CRAZY!!! no cash flow at all...ratios 25 marks!!! god d**n it!!! Q5 i just tembak. so all in all...2.5 = FAIL

3.3 = put me in deep sh*t. all questions i know but i dint have enough time to do!!! i'm totally confused with the protection and provision packages in Q1. article never came out. this paper dropped my confidence to lowest point. no mood to study 2.6 liao.

2.6 = fairly easy. all spotted areas came out. questions asked were generally common sense and i can do all questions by hantam (coz din't study)...Alan Lewin wanna let us go this time round but i think i'm on the border line to pass or fail

fine. it's all over. no point talking bout it. now looking forward next sitting. think i'm gonna just take P1 @ Sheila as new paper. if worst come to worst all 3 papers fail then i'm gonna re-sit 2.5, 2.6, 3.3 and P1. 3.2 june 07 onli take.

arghhh....fan ar....after exam still have to fan for next sitting and $$$$. wanna holiday also no mood!!! ACCA really torturing & never-ending suffering!!!

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Added on June 12, 2007, 10:07 pmi agree that ACCA is trying to maintain their quality as the premium accounting body in the world by introducing tougher exam questions. believe it anot. under new syllabus we will be given extra 15 mins reading time. what does that indicate? u think ACCA is so generous? that means our paper will be more difficult!!!

and hor...each paper will have a wider syllabus under the new syllabus...die die die!!!

This post has been edited by roy_pck: Jun 12 2007, 10:07 PM

yeah. 2.5 turns out to be a killing paper this time round. really regret i dint pass last sitting with 47marks!!! after that paper i totally lost my confidence ledi. c la c la...2.5 passing rate sure drop kao kao this time.

2.6....wat can i say. we all kutuk Alan Lewin all the while. this time round he is giving us an opportunity but if we cant grab it...we can only blame ourselves lor

2.5 haneef@ mcorange lo. the best FR lecturer in town IMO
2.6 sheila@ mcorange or chin ann@ KSA lo. i heard chin ann 2.6 tips quite accurate this time round

i personally prefer BPP coz more user friendly.

Bob Souster is the examiner for F1. he will be conducting P1 in Mc Orange in special block basis (means few classes in a month then he flies back to UK and come here teach few classes again).
Yeah Sheila's teaching method might not suits everybody. she teaches too details but sometimes these details will be examined too (eg 2.6 asked bout elements in audit report which Sheila teached us the TAIMAO DAS formula).

welcome back coolly. the war has ended and everybody here is hurted terribly. any idea will CKF conduct classes for P6? seems like SEGi is out of our favourite colleges list liao

oh yeah coolly. time to update the 1st page coz exams ended and we need lecturer's recommendation liao. don't be lazy oh....thanks alot!!

This post has been edited by roy_pck: Jun 13 2007, 09:04 PM

ya lo. next sitting FTMS seems do not have any 'famous' lecturers except Chow Kim Tai. no good lecturers + poor management = become SEGi one day

for students who are eligible to take Optional papers in June 07 sitting, they are allowed to take Optional papers with or before Core papers in December 07 sitting. if they still have outstanding papers in part 2, they are allowed to take them together with optional and/or core papers.

for example: next sitting i'm allowed to take P7 (2.5), P8 (2.6), P5 (3.3) and P1.

hey i same case with u. but 2.5, 2.6 and 3.3 i wait for results out onli decide how lo. mayb pass leh. 3.2 confirmed fail but i next next sitting onli sit for it. i will only take P1 and P2 for the time being. if 2.5 fail then defer P2 to next sitting.

wow...look who's talking here. time to relax and check answers.....can can...wait till u come to 3.3 then u'll know wat's time pressure

you may do either 1. but it's recommended that you do P2 first before doing P7 (3.1) coz unlike the current syllabus, P7 assumes that accounting standards in P2 were learnt. take a look at the syllabus guide if you don't mind.

so my recommendation would be:

1) F8, P6, P1, P2 and leave P7 for J08 sitting OR
2) F8, P6, P2, P7

cheers

This post has been edited by roy_pck: Jun 15 2007, 12:54 AM

please kindly refer our previous posts. chin ann is now at Kolej Bandar and haneef has moved to Mc Orange.

from what i know, Mr. Tham has been teaching in Ipoh for not less than 10 years and therefore, he is not that well-known here. any Ipoh student here his ex-student? but still, if you willing to take the risk then go for it lo.

for me i prefer Parmindar Singh@ KSA for P3.

why not try Haneef@ Mc Orange? IMO he is good but expensive though.
Joe Fang@ KSA is not bad too. just my 2 cents.

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Added on June 17, 2007, 6:57 pmthe fees structure and timetable are out for both colleges but they are not available online yet. perhaps somebody would be kindly to upload them.

no worries bout accomodation. these colleges are located strategically in the heart of KL and easily assessed by LRT and buses. there are plenty of accommodations available nearby ie: Setapak, Wangsa Maju, Cheras, Bangsar, you-name-it.

This post has been edited by roy_pck: Jun 17 2007, 06:57 PM