Hello there, I'm a pure science student just complete my SPM and now the result of SPM is around the corner. I'm thinking what to study everyday after I completed my SPM. Right now I feel to study ACCA, but I scare I'll regret later on so can I know the study pathway of ACCA? If I take pure science A level or SAM/SACE can I study ACCA later on? If I wish to study pre-u first, what course and subject do recommend? How long to complete ACCA? 4-5 years? What's the approximate fees to study ACCA? 40k? What's the study pathway of ACCA through pre-u? I saw some article mention the study pathway as this: Pre-u > Degree in Accounting > ACCA Professional
Correct me and please suggest. Thanks.

there are few ways to enter to ACCA..

1) Make sure your english is credit for SPM; then get a LCCI as your foundation , enter ACCA from F1 onwards

2) do CAT and start your ACCA from F4

3) Get a degree which ACCA recognize (most likely UTAR>acctg degree program) and get exempted up to 9 papers (F1-F9)

4) Enter as a mature students @ age of 21 and above


Think carefully before doing chartered accountancy... i feel like a marathon.... you need real persistence if you are an average student... Good luck

To be honest, I'm referring this web https://eduadvisor.my/acca/
At Penang I seldom heard about LCCI foundation course, mostly I heard is A level and SAM/SACE course for pre-u.
Thanks for your advise.

Why don't you consider ICAEW as well don't just restrict yourself to ACCA. ACCA doesn't necessarily fit you best, just because it's the most well known/mainstream professionals

This post has been edited by b0rhui: Feb 17 2016, 12:58 PM

I have to agree with you... most of the candidates don't need ACCA to excel in their career life until the finished it

And most ppl are doing CPA now...


I guess TS have to be clear mind ... although you can have ACCA with non-accounting/finance related field...


For me, I'm tired of being a so called transactional accountant, thus i selected a different route but is related to finance/acctg as well

Personally my advice if you want to do ACCA, I don't see benefit of doing A level or pre-u first.
Furthermore is not a quick route to ACCA as well.

I would suggest you get a degree first, then think whether do you need the professional papers to support your career...

With degree, you can start working and earn some cash d...I have some friends who did their degree and earning a decent living... So it depends on what you want...

As for your location (Penang) you may need to scout around, sorry not familiar with Penang areas...

What is the ICAEW? What it is? Can explain briefly about it?

Thanks for ur advise. It's quite true to take a degree 1st as well but I'm still not 100% sure to study in account field that's the reason I feel going to A level or SAM/SACE. And I know some of the company will give scholarship or maybe sponsorship to continue the study of ACCA.

What is CPA means by? So sorry because just finishing SPM got lots of word that relate to work or job I seldom heard.

ICAEW is much harder than ACCA.

Thou the only pro I see from ICAEW is.... You can covert it to CPA US which makes it a viable choice someday if you plan to leave BolehLand.

Most people need ACCA to enter Big 4 for exposure only.

3 years of trials at Audit and they will be ready to explore the world.

CPA Aussie is honestly not worth the $$ and the recognition is limited.

So it's means ICAEW is like more higher than ACCA?
But, can slightly tell the study pathway?
PS: I don't have account basic, can study that?

Nope.

ICAEW recognition is almost similar in terms of number of countries.

Just that ICAEW is recognized as equivalent to the dreaded CPA US, which is a step up compared to ACCA.

ICAEW has few pros and cons as well, not easy to pass the papers and you'll need to be employed with a registered training partner, thus the difficulty in passing the exams + you gotta work still.

Best pathway is =>

A-levels => Degree => ACCA / ICAEW / Etc

If money's a concern =>

FIA / ICAEW equivalent foundation => ACCA / ICAEW

Just be warned, this pathway is not easy.

Being a chartered accountant sucks. Most people run away after a while as they can't handle the stress.

If you think you can survive 3 years of lack of sleep, chasing deadlines and get nagged by managers and clients, this line is meant for you

Oicic. Hrm..I'm the person who will really study die die to avoid wasting money..die die also need pass the exam once I select the course
But now...I still not 100% sure, so what subject do suggest for my A level?
If taking pure science subject can I continue Degree in Account?

A lot of people told me that.

Some of them don't even make it outta F level papers.

Some gave up halfway after failing 3 times or more.

Some finished degree and refused to study anymore.

So don't be too sure. Ask yourself, can you take a beating in life because this line of work, it's like getting bashed every single day until you get old

Just take pure science.

I started off from pure science as well. No problem to transition.

Okay thanks for ur advice.
I also feel taking pure science for A level better cause it can change to any field later on.
Just wanna confirm surely taking pure science A level in M'sia can continue study Account.
Thanks for ur advice really help me lots.

Hi.
Are you really sure you wanna study ACCA?
if yes, you can skip doing pre-U like A-level and enroll yourself into CAT-ACCA.
This is the fastest route.

Agree +1 ...

Don't be so sure until you "taste" the flavor ...hahaha...

Not to scare you away..

I only manage to completed my F papers in 6 years

Failed F4 (business law) - 6 times; although I did my LCCI quite well...

Now, I'm still left with last 2 optional papers..


Also, I personally don't agree that which professional body is much more superior then the other one... (either way). I think this prof. papers are there to make you enter to work society easier...

Then, this 3 years work exposure in auditing line is another absurd thing.. Having auditing experience is + point and no doubt you work your arse off..

But don't just be typical process oriented auditor... learn about the biz, learn about the world...

I, myself only do 14mths of auditing job and i quit...

Eh, at least you tried. I know a person who failed 1 time and quit

Nowadays too much tax experts out there already. Soon auditors will also be over-supply

Luckily, the quit ratio for Auditors are high as hell

Most people don't know the "feel" when they wake up every morning to rush to office to meet deadlines and getting pressured left, right and center to issue the report despite not having enough work done on it

You not doing your CLP ?

I'm not very sure to study ACCA....i scare I'll regret later on...got any idea to make myself more clear about what is more suitable for me?

Can't get me anywhere in my current industry.

An understanding of CA 1950 + a degree to proof that you can understand the Act properly is more than enough in my field.

You don't really get a pay raise and legal department has their own team so they'd prefer if you don't share your opinions unless it's related to your job scope.

Sadly, Law is not the thing for my field.

Get a book keeping job.

Then x10 the amount of headache you are facing.

That's the life of an ACCA member / affiliate.

Is ACCA, auditor, accountant over supply now? Sorry for asking bit about P&C question...if a student unable to complete all the ACCA paper, can i know the round figure of the salary?? Is ACCA really hard? If don't mind can slightly explain what will learn? As i don't have account basic don't know how it is. Or maybe you got any idea for me to more clear what is the suitable job for me? Thanks

ACCA salary very transparent one....

Big 4 all paying around 3.1k for fresh. Before any claims and etc. No OT payable ( Just time off for most big firms )

Medium maybe higher salary, can claim OT but exposure limited + work hours can be worse than Big 4....

Small firms has the best salary negotiation as they need your ACCA skills, OT payable and work hours are fun! Just that not enough exposure when you transition to Big 4, prepare to start back as a Junior.

Auditors are always in need, esp with GST now and then. Accountants even more necessary but not many people are willing to be book keepers and double entry checkers. In fact, some, if not most auditors in Big 4 don't know double entries much ( Guilty for having bad double entries here as well )

Unable to complete see your highest qualification. If diploma, 2k or so. Degree, 2,5k onward. But don't hope to enter Big 4 without any professional qualification nowadays. They are really being strict due to too much account graduates in the market.

Don't have accounts basic is okay. I don't know anything about accounts till I was 20. And I am still learning every day

Bro,
Why you find Law not for you ? Share with me here. Thanks.

Think they still hire many Accounting graduates both from local and foreign universities without professional qualifications ? Correct me if I am wrong.

Dude, statistic report shows that we are still lack of accountants. But I'm not sure about it...
I personally think that market demand is quite cold now


If you cannot complete all the 14 papers, at least finish the F papers (9 papers) and opt for Oxford Degree in Applied Accounting but you gotta spend some time to do up thesis for the degree.

Salary wise depends on your capabilities lo... I still left with 2 papers with 'just' ok pay... (PM you separately)
Very difficult to judge the pay, cos I got some friends doing quite well, some doing 'just' ok like me, some way below average..
All I can say, you need to be persistent; don't be lazy; keep practicing those past year questions until you wanna vomit & diversify your learning into real biz world...

ACCA is not about double entry only; you'll learn tax, some co. law; finance; auditing;corp gov;biz analysis; cost accounting but those are book theories...Diff from real world work..


I started up with auditing>share service center>outsourcing>costing & now FP&A. I'm lucky to have some good superiors that guided me through my career... Honestly I'm equally lost like you when I was at your age...
I wanted to do engineering but my family can't afford & I basically didn't do well in secondary school...

Coz I'm not Sri Ram Gopal, Edmund Bon and other famous lawyers.

I'll probably make pennies on the dollars while rising from a commercial law firm....

By the time I make junior partner, I might be 35 or 40 already.

No connections, no clientele, no famous father = seriously a bad idea to join law firms.

Unlike Audit, where everyone starts from ZERO and get bashed all the way to be HEROES.

Thou I must note, not all make it to HERO level.

Not really.

Big 4 not hiring much nowadays. Even most local degree holders are getting rejected in favor of those holding professional qualifications.

Small firms, no comments la. Not much regulations in some field but foreign grad can't be MIA members unless uni are recognized or taken another form of professional exams.

Another typical auditor that can't balance their B/S & tie the cash flow... hahahahahaha
Then end up force tie it !! Went through this kind of life but is fun thou...


Again have to agree with you , Big 4 pay better and more generous in increment
Average person like me can't stand auditing for life... so I decide to leave the devil place and go somewhere more peaceful...

Thanks for the feedback. I have been in discussion which route to take lately.
As for law practice isn't everyone has to learn the rope in acquiring knowledge and experience. For example, clientele and connections ? I don't think rich father will get you far if you are no good at your work ?

Eh, my cash flow and B/s never kenot tie.

Coz using software, how to kenot tie?

If using software also kenot tie, can jump down KLCC liao.

But yea, those are nice experience, esp when you are young and people are nice to you.

I kinda like the audit life, just not when it's deadline month and tax colleagues chasing for reports in order to file theirs on time as well

Big 4 increment not so generous tbh, my friends that are in Big 4 are making average pay except for Manager levels but some who are "partners" in small firms are making more than them

1st rule of Corporate environment.

A rich father will get you to places a normal person could not.

See how Dr. M's son milked his father's name until become director for so many Public Listed companies?

I'm not going to elaborate on this matter but I personally dealt with many pretty ladies in large corporate environment that are bad in doing what they are supposed to do while their counterparts which are less "pretty" seems to be stagnant in terms of promotions and appraisals.

So yes, a rich father and a nice pair of ass gets you to places, if you can milk it. To what end, I don't think I need to explain.

Work smart, not hard.

Thanks for your advice. It's seem that accountant/auditor/ACCA etc. will never over supply.
Great to heard that.

Quick correction there :

GOOD accountants / Auditors / other professional qualification will never over supply.

Crap will be crap, regardless of supply or demand

Hrm..thanks for sharing. Same here I wish to study medi but financial problems...as fees of study medi need about 600k+-. That's the reason I aim to ACCA as I love math too.

I believe this applies to Big 4 as well ?

It applies to every single company out there, except for mom and pops occasionally....

Thanks, bro.