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 ACCA (v3), our future chartered accountants :)

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kelvinlee1983
post Jun 2 2008, 09:06 PM

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QUOTE(scorpiok @ Jun 2 2008, 08:05 PM)
same too~~
quite unexpected that it will come out with the definition of Malaysia and the revocation of public ruling~
then i also do wrong for the export question which is a calculation error~~
and the Q2 is juz vomit i think is fit~
then q1 is quite ok lo, i know most of the part~~
*
i am confident on the theory part of rental, and the reinvestment allowance

for question 3, i confident on transfer pricing, but i totally dont have any idea on the part a which is worth 9%.

for question 4, i can get the maximum marks.

just afraid question 2, if my answer is totally wrong, then high chance to fail.

This post has been edited by kelvinlee1983: Jun 2 2008, 09:07 PM
kelvinlee1983
post Jun 2 2008, 10:24 PM

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QUOTE(lawrence1437 @ Jun 2 2008, 09:26 PM)
tml p7 sad.gif
no confidence at all ~
don wan to failed 3rd times  cry.gif  cry.gif
any advice ??
*
sleep early, dont think too much

the advise is

it is better you go to study rather than online at here tongue.gif

This post has been edited by kelvinlee1983: Jun 2 2008, 10:24 PM
kelvinlee1983
post Jun 3 2008, 08:59 PM

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QUOTE(lawrence1437 @ Jun 3 2008, 08:44 PM)
cham .. no time to do q4 .. left 4 marks din touch at all..and 5 marks do half  cry.gif
Q2 waste too many time sad.gif
yup ... reasonable question .. but too many  rclxub.gif  rclxub.gif
*
today , P7 is difficult than last sitting?
kelvinlee1983
post Jun 5 2008, 07:26 PM

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today P4
i thought that APV and MIRR is the most easiest.then I try this first.
Who know i use one hour to complete it.
waste a lot of time there.
kelvinlee1983
post Jun 5 2008, 07:32 PM

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QUOTE(ellimist @ Jun 5 2008, 07:27 PM)
P4 was in a nutshell was retarded

Nuff said.
*
my confident is 42%-52% to pass

kelvinlee1983
post Jun 5 2008, 07:34 PM

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QUOTE(ThanatosSwiftfire @ Jun 5 2008, 07:33 PM)
hahaha still got some confidence to pass weih. i dunno whether i can get 40 or not XD
*
actually is not that difficult, but i waste a lot of time to complete APV.
time management is poor rclxub.gif

kelvinlee1983
post Jun 5 2008, 07:39 PM

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QUOTE(ThanatosSwiftfire @ Jun 5 2008, 07:35 PM)
kelvinlee pro XD hahahaa
*
what you choose in section B?
i choose q4 and q5
kelvinlee1983
post Jun 5 2008, 08:06 PM

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QUOTE(dolceping @ Jun 5 2008, 08:01 PM)
How did you account for the allowance for capital allowance.?

p4 was tough... T_T
*
I use the capital allowance of 50% first year.
but i dont understand why the question got said asset depreciate in straight line?
kelvinlee1983
post Jun 5 2008, 10:19 PM

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QUOTE(roy_pck @ Jun 5 2008, 09:57 PM)
not difficult? you must be out of your mind shakehead.gif

i did Q3 (so confusing with all the forward rates given), Q5 (MIRR never give reinvestment rate how to do?), Q1 (part b dono what he is asking for), Q2 (part b dono what to put, just cal some ratios and still managed to calculate Z-score)
i just took 50% X 800 for 1st year, remaining years reducing balance. i think the depreciation policy is to confused u 1 coz depreciation is a non CF and therefore not taken into APV.
same with me. study so hard for all the hedging but so little asked  cry.gif
advise to u guys...don take P4...it's really a freaking tough paper with the new examiner!!!! vmad.gif
*
the depreciation is straight line, but this is accouting treatment,not a cash flow.
I asseume like this


kelvinlee1983
post Jun 7 2008, 01:02 AM

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QUOTE(seline @ Jun 7 2008, 01:00 AM)
I cant do P5 today. argh.. wat is the probabilty I can pass?
cry.gif
*
i also heard friends said that P5 was difficult compare to last time.
how about you?

kelvinlee1983
post Jun 9 2008, 07:30 PM

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how is ur P1 and F5?????
kelvinlee1983
post Jun 9 2008, 10:29 PM

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Q1 is about stakeholder theory?

i saw it in the acca magazine

kelvinlee1983
post Jun 10 2008, 08:50 AM

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QUOTE(rachelmay1402 @ Jun 10 2008, 04:45 AM)
Based on my experience
Paper P2
Q1 Consolidation question
* normally in small section if the examiner ask you to explain some treatment of particular note just remember this rule
- quote the standard no. followed by the correct name eg. IFRS 3 Business Combination
- then, the treatment as in the standard just briefly
- ok, then you have to evaluate which area you need to adjust according to the treatment
- only certain part need journal entry

Essay type of question
- Quote the standard eg. IAS 38 Intangible Asset
- The treatment as in the standard
- Then see whether the case stated is following or against the standard
-Make an adjustment

Eg.
IAS 38 Intangible Assets state that to be recognised as an intangible asset, it has to meet this criteria
- controlled by entity
- idenfiable
- future economic benefit

In the scenario, it appears that there is no element of control on the asset by Newco Ltd so the asset cannot be recognised......

*sorry if my explanation not good enough to make it clear for those P2 candidate



Added on June 10, 2008, 6:54 amParker Randall , what do you all think about this firm? any comment? : hmm.gif
*
last year didnt come out ias 39, this time may come out.
i think the current issue may be will come out ias1 or IFRS8
the ias 18 also must have a look
last year P2 was difficult, i think this time will be easy than last year

This post has been edited by kelvinlee1983: Jun 10 2008, 08:52 AM
kelvinlee1983
post Jun 12 2008, 08:38 AM

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QUOTE(roy_pck @ Jun 12 2008, 01:00 AM)
finally finished up my very last paper of ACCA today (although don know can pass anot). here i m to share some feelings and thoughts with u guys. hope it helps especially to those new beginners of ACCA.

JUNE 06
1.1-2.2 (F1 - F5) : Exempted
2.3 (F6) : Ms. Wong Paik Wan @ Mc Orange [Failed]
* My 1st time ever taking ext ACCA paper after leaving TARC. 1st time enroll into my current college, Mc O. ms. wong teaches quite well actually. she is a very friendly lecturer, explained things very clearly and always ready to answer my queries. but dono why i failed. mayb coz of 1st time taking ext paper so hadn't suited myself yet  wink.gif

DEC 06
2.3 (F6): self study [Passed]
2.4 (F9): Mr. Chan Tze Kang @ Mc Orange [Passed]
* decided to choose mr. chan although he was not as famous as andrew pang. guess what? I'LL NEVER REGRET taking his classes. he is the BEST lecturer i've ever attended so far. his teaching skills are superb! this paper was my 1st attempt n i attend 2nd term only coz lazy n i passed with 51 marks lol. not my own effort but thanks to mr. chan!!! thumbup.gif  notworthy.gif  notworthy.gif
2.5 (F7): Mr. Haneef @ segi that time [Failed]
* mr. haneef is another good lecturer whom i respect a lot. he is very very knowledgeable and smart, especially in a/c std areas. but his classes can be quite bored sometimes. that time also dono y failed this paper. maybe coz always sleep in class sweat.gif 
2.6 (F8): Ms. Sheila @ Mc Orange [Failed]
* here comes d killing paper. this paper made me headache for so many times. ms. sheila is another good lecturer but her style of teaching doesn't suit me. her notes were so bulky (2 heavy books with tiny fonts) n she tends to teach very tediously. as most of u guys, i failed this paper at 1st attempt  wink.gif

JUNE 07
2.5 (F7): self study [Passed]
2.6 (F8): Ms. Sheila @ Mc Orange [Failed]
3.2 (P6): forgot the lecturer name jor @ PAAC [Failed]
3.3 (P5) : Mr. Chan Tze Kang @ Mc Orange [Failed]
* this paper very 'um dum' la....knowledge everything i got. failed it coz i aimed for perfection, not enough sleep can't concentrate n din manage to finish the paper. sorry mr. chan i disappointed u  cry.gif  cry.gif

DEC 07
F8 : Mr. Low Chin Ann @ Kolej Bandar [Passed]
* finally i passed this paper with 71!!! rclxm9.gif nod.gif the only reason was coz i chose the right lecturer. mr. low is another lecturer i MUST thank him. unlike sheila, his way of teaching is very simple (using mind map etc) and he forced u to copied notes alot. u'll keep on copying in his class n able to memorize better when u revise back. thanks again mr. low for helping me to get rid off this most troublesome paper  notworthy.gif  notworthy.gif  thumbup.gif
P1 : Ms. Sheila @ Mc Orange [Passed]
* last min studied for 3 days n passed this paper. 1st sitting of new paper is always easy. it's true.  icon_rolleyes.gif
P2 : Mr. Haneef @ Mc Orange [Failed]

JUNE 08
P2 : Mr. Haneef @ Mc Orange
P3 : Mr. Parmindar @ Kasturi
* this paper i always ponteng la coz his classes are really alot! wink.gif n he always singing the same song in the class. but overall Mr. Parmindar is very knowledgeable and funny. but his class is so huge (300+)  sweat.gif
P4 : Mr. Chan Tze Kang @ Mc Orange
* as usual goes back to my favourite lecturer again  icon_rolleyes.gif
P5 : Mr. Chow Kim Tai @ Mc Orange
* too bad mr. chan is not conducting P5 classes d, so no choice lo have to attend mr. chow's. he is okok la, can be quite bored sometimes. i still prefer mr. chan anyway  tongue.gif

Disclaimer
above is my personal opinion only. no offense ok.
the purpose i've written all these long stories is not to show off anything but to encourage u guys to work harder to conquer ACCA and provide a guide to those who is seeking for good lecturer. i was also like most of u failed many many times before wasting so much money, time n efforts. who knows i might fail again when the results come out in august. sweat.gif
btw, i just think that as long as we're determined n willing to work hard, we can get through it. ACCA is hard but not impossible. as long as u don give up, u r almost there. wish u guys a better future ahead  smile.gif
*
you are full time student or part time student?
last time you are from tar college?

kelvinlee1983
post Jun 24 2008, 11:06 PM

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QUOTE(Jackson_Miller @ Jun 24 2008, 10:55 PM)
Thank you..god bless you too.


Added on June 24, 2008, 10:57 pm
I am sure you will do well in your exams.. if need any advice, feel free.
*
After i read all your post, i felt that you are very smart.
Last time, you study at which college?
Which P1 lecture that you will recommend?


I think you also score a very good result in your P1.

This post has been edited by kelvinlee1983: Jun 24 2008, 11:07 PM
kelvinlee1983
post Jun 24 2008, 11:25 PM

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QUOTE(andy888 @ Jun 24 2008, 11:21 PM)
MAYBE JACKSON MILLER IS

KASTURI P1 AND P3 LECTURER  tongue.gif

MR PARMINDAR SINGH  tongue.gif

bcos i read his post, got mentioned some p3 syllabus and chapter

rclxm9.gif  rclxm9.gif  rclxm9.gif
*
I think he is not a lecture, but he is a smart student.
I think he maybe a prize winner in P1.
If not, I think his marks sure above 80%.

This post has been edited by kelvinlee1983: Jun 24 2008, 11:26 PM
kelvinlee1983
post Jun 24 2008, 11:42 PM

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QUOTE(andy888 @ Jun 24 2008, 11:35 PM)
SO, CAN WE CHECK WHO ACTUALLY IS JACKSON MILLER  ? brows.gif
*
I guess he is a smart student who can score 80% and above in his P1. rclxms.gif
kelvinlee1983
post Jun 24 2008, 11:51 PM

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QUOTE(rvp @ Jun 24 2008, 11:47 PM)
based on jackson miller's postings, there is a high possibility that he is a lecturer
*
Which part or which words make you think that he is a lecture?

why he suddenly disappear?
kelvinlee1983
post Jun 24 2008, 11:53 PM

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QUOTE(Jackson_Miller @ Jun 24 2008, 11:52 PM)
Actually, I have already graduated. I'm working in KPMG now. I used to study under Parmindar.
*
then your result in P1 should be very high , right?
kelvinlee1983
post Jun 25 2008, 12:05 AM

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QUOTE(Jackson_Miller @ Jun 24 2008, 11:59 PM)
He has imparted good values to me, perhaps you should use the WORD too; it makes the world a better place. And yes, parmindar in a Dr., and i am a living legacy of his impact on my thoughts and attitudes.
*
then your lecture sure guide you to score a very good result in P1,right?

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