Internally assessed means their papers are not sent to the UK for marking and grading. As to which papers they take,I'm not too sure,but I suppose they take a different one.

I'm not sure if they can take the OBU since their part 2 is internally assessed,but even if they could,why would anyone do so? Who needs 2 same/similar degrees

So far,I've heard of the IAS 1 change. All the statements now start of with the word "statement",namely :

Statement of Comprehensive Income (income statement + statement of recognized income and expenses iianm)
Statement of Financial Position (balance sheet)
Statement of Cash Flows

I've heard the change in IAS 1 affects some other standards as well,but as to how,I'm not too sure.

This post has been edited by ellimist: Mar 13 2008, 11:35 PM

15 April for this coming session

You could try searching for the term at http://financial-dictionary.thefreedictionary.com/. It comes up with multiple results from various sources iianm,not sure if it'll be useful to u

CAT/ACCA,being a professional qualification course,is fully exam based,which is to say whether u get through or not solely depends on the CAT/ACCA exams u sit (think SPM,etc,sorta)


Exams are held every 6 months,in June and December,generally in the first 2 weeks. Colleges may have other tests and what nots,but those count for nothing towards your final marks.

CAT is the foundation for ACCA. You'll have to sit and pass 9 papers (passing marks being around 40-50 iirc depending on the paper) to complete CAT. Ppl generally take a year to complete this part,taking something like 5 in the first sitting and 4 in the next. For the first few papers,u can take computer based exams (multiple choice questions) which are available in other months,leaving you with less papers for the written exams in June/December.

For ACCA,you're supposed to sit for a total of 14 papers,but you're exempted from the first 3 if you complete CAT. Passing marks for these papers are 50 marks. You can take a maximum of 4,but most ppl take 3 per sitting. With 11 papers,you'll either finish it in 1 1/2 year (4,4,3) or 2 years (3,3,3,2)

Upon completing the entire course,you'll have to gain 3 years relevant working experience (namely in the field of audit) before being accepted as an ACCA member. So yea,once you're done with the course,you can come out and work for monies

Yea,you can take in various institutions.

Not sure bout TARC,but for Sunway,well,they're obviously not too happy with such students. You don't have to tell Sunway that you actually intend to take certain papers elsewhere,just sign up for the ones you want. (I know off ppl who do this)

Hmm,I haven't really seen the diploma...so it's hard to say. But yea,CAT will definately be useful as a foundation for ur ACCA studies. Plus the time taken for CAT is relatively short. So if you have ur mind set on ACCA,you might as well take CAT

iianm yes. somethin like you have to spend the last 3 months of ur course in UK,doin some stuff there to obtain the degree

Chill,the answers provided by the examiner is for tutorial purposes. You don't have to elaborate as long as the examiner,just get the essential points.

Have you attended any tutorial or revision class? I doubt the lecturers would require you to answer as long as the examiners' answers.

Apart from notes and questions,you could probably look at examiner's requirement and his comments on previous sittings,to understand why students fail. (or even do well)

I'm taking P4 here. Yea,it's rather tough.

1st off,I've heard P5 is the easiest,relatively speaking,so you might wanna take that.
2ndly,do you like F9/2.4? If you do,it should be ok to take P4.Plus,P4 and P5 kinda go hand in hand.

If not,you could probably take audit if you don't mind it. I heard the tax paper is real tough.

This post has been edited by ellimist: May 16 2008, 10:54 AM

Got tips better share with me too

In short,it's like the cantonese expression "peng,leng,zeng"

And of course the duration course is rather short as well,once again compared to certain/majority of the usual pre-u--> degree paths

Having said that,as Thanatos has pointed out,there's nothing particularly "special" about ACCA itself. A "special" equivalent of it would probably be something like ICAEW or the sorts

This post has been edited by ellimist: May 16 2008, 11:06 PM

Haha yea,I suppose I should have mentioned that the course duration is relatively short if you attempt sufficient papers and as far as possible continuosly pass

Yea,if I don't fail then this will be my final stage. (Thanatos also ) Er..one of the big four,haven't really decided which though.

Erm yea. I chose accounting coz...there's always gonna be jobs for accountants,and supposedly the pay is decent. Then I took ACCA over a degree because of the speed + "peng,leng,zeng"

Well,easy lifes in general are not too rewarding.There're exceptions of course

No prob.

Study hard and all the best

Stakeholder mapping? That sounds like P3,the one where u consider stakeholder interest and powers

Try checking the docket online,they should have updated that one.

Yes,there should be a July 08 intake,probably they didn't update the website

Part time classes are usually on weekends or certain nights. Full time classes,are well,usual hours. (Day time,mostly weekday)

Calm down,make sure your answers are "tailor made" to the case study,and just do your best

Biz risk question,bestnyer...

Doubt the core papers are necessarily more difficult than the optional papers.

Apart from that,it was transitional period last sem,so most students moved on to the core papers (frm part 2 n frm passing optionals before that),leaving less ppl doin optionals,so last sem was not necessarily an accurate representation.

Tmrw the 2 finance papers,F9 and P4,all the best ppl~

P4 was in a nutshell was retarded

Nuff said.