Means the finance degree from Taylor can be used to qualify as ACCA ?

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Added on January 18, 2008, 7:57 pmI came across this

http://www.bristol.ac.uk/efm/prospective-u...ation/acca.html


This post has been edited by karhoe: Jan 18 2008, 08:05 PM

ya,shd be able to get 9 papers exemption..

I got friends also from MMU,
she got exempt for 9 papers
I think should be no problems

Ya, I know more than you.

Both consol and FRS also important in this paper. I think for consol, better have a express method to answer consol question, otherwise it will spend a lot of time until we can't do or finish other question.

Lecturer like Haneef is very good in this paper, but his technique to answer consol question very slow.

This post has been edited by carlosandy: Jan 19 2008, 01:31 AM

Actually, MMU student is entitled for MIA member if u got the 3 years professional experience.

If u don't plan to work outside Malaysia, there is no need to take ACCA. (unless sponsored by employer or u see ACCA as a career advancement tool (not really), then take it lo )

joined keith farmer first class last thursday,i can alreadi say that he is gooood,the first class im alreadi liking it! seems like hes been teaching this subj for so many yrs n has lotsa xperience,was truly satisfied with his explanation n techniques on the subject n hes not boring at all,good sense of humour...n this comes from haneef ex f7 student

for those who already have a degree, and you want to venture into acca, you actually can apply for accelerate student status with acca.

you can get more information at the acca office.

glad to hear that....he really teach for quite long oledi..i like his note esp the q and a section coz all answer provided..

if u attend the irc,u will have a set of summarised standard note somemore...

Can anyone help me ?

1)which of the following is NOT a revenue reserve
A)general reserve
B)Retained Profit
C)Share Premium
D)Accumulated Profit

2)An appropriation is not part of the profit and loss account for which type of business organisation:
A)sole trader
B)Partnership
C)Limited Company
D)Public limited company

3)An accumulated fund of an organisation is the same as:
A)The assets of the organisation
B)the profits of the organisation
C)The net worth of the organisation
D)The bank balance of the organisation

It is difficult to me.

We need to attend the IRC oso if sign up 2nd term course.

strongly recommend to attend irc also....last time in ftms the irc is full house...

1st no one will do this for you. If this is difficult, you dont deserve for ACCA at all.

hint 1
something that's capital in nature is not revenue reserve

hint 2
someone can take all business profit and loss required no appopriation

hint 3
asset+liability = equity

After I read ur hints , I also dont know the answer.

This 3 questions is difficult .

1. C
2. A
3.C

I m not sure , can someone confirm?

i also think CAC

thanks, my answer same with you

it cannot be CAC,

for question 1, C is correct.
for question 2, the answer should be B. sole traders do not do appropriation. only partnership do appropriation account to split the profits of the partnership to the respective partners.
question 3, i feel it is C.

For question 2,
I confuse the answer A & B
That why i post here to ask.

Because the question is really difficult.

i think it's CBB thought

2.
B, appropriation of profits is done after the P & L accounts for partnership books, so it's not part of P & L

3. B
an accumulated fund sounds like accumulated profits, so as such, i lean towards the idea that it is the retained earnings of the company.

(i'd be wrong, though)

This post has been edited by ThanatosSwiftfire: Jan 20 2008, 09:36 PM

The question really confuse, there are at least 2 answer is very close.
I have no idea about the answer.