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 ACCA (v3), our future chartered accountants :)

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lawrence1437
post Dec 9 2007, 03:17 PM

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QUOTE(littlediana @ Dec 9 2007, 02:28 PM)
for f7
what is that standard that says if there is a standard follow a std/interpretation?
is is IAS 1 or IAS 8????
is it IAS 8???
need help here hehe
thanks  blush.gif
*
it is IAS 8... by mys is FRS 108 accounting , change in account estimate and policy ...
i think ... hmm.gif
as FRS 101 is presentation of financial statement it juz a mere statement of wat should be present in bs , pl , cf and etc ....
but i don really understand ur question tongue.gif
but FRS 108 says tat if there is a more suitable , measurable std to follow it should be followed , and the change should be consistant and disclose in financial statement , e.g like .. cash flow .. if the company hav the mean to convert indirect method to direct method it should be follow as direct method shows a more detail financial situation of org ...




lawrence1437
post Dec 9 2007, 07:59 PM

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QUOTE(roy_pck @ Dec 9 2007, 07:42 PM)
why nobody is talking bout tomorrow's P1? i expect an easy paper from David Campbell. after all he can't set too high standard and results in low passing rate in first sitting right? rolleyes.gif
*
actually i m more familar abt p3 examiner steve skidmore , he is kind of helping examiner ... tongue.gif
i donno much abt david campbell ....
but my p1 lecturer bob souster said tat he try to contact and familar with him but dig nthg from him tongue.gif
new examiner gua ...
i donno tat ... but hope tat he is not same as lisa biggrin.gif
lawrence1437
post Dec 10 2007, 08:26 PM

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QUOTE(ellimist @ Dec 10 2007, 08:22 PM)
No,it's not just you.

*Look at question.....ok,I know this*
*Look at marks.... =.=*

tongue.gif
The risk one? Yea I did that and Q4

That's the spirit,a pass is all we need laugh.gif
*
the thing i memorize all din come out rclxms.gif
onli kohlberg and stakeholders biggrin.gif
this time ... thumbup.gif thumbup.gif
next time .. doh.gif doh.gif
i didnt did q2 ...
the (a) i felt it was a trap... a simply risk trap ...
onli (b) and © i knew... so i turn to do the q3...at least i know wat chairman does blush.gif
lawrence1437
post Dec 10 2007, 08:27 PM

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QUOTE(ThanatosSwiftfire @ Dec 10 2007, 07:40 PM)
I felt P1 was quite manageable, although I have to draw attention to the inadequacy of our text, as many of the questions requires criticism and application outside that is provided by text.

possibility of passing is quite high, since I felt i approached the question well, although there were some rather pointless questions that didn't seem to make any immediate sense to me.
*
like? wats robust internal control? rclxms.gif


Added on December 10, 2007, 8:28 pm
QUOTE(ellimist @ Dec 10 2007, 08:27 PM)
What was part (b) and (C) of q2 again? I did it but can't remember what the heck it was now sweat.gif
*
good job... becoz i forget also...
but i onli know i knew these 2 question onli .. which onli give me 12 point maximum ...tats y notworthy.gif notworthy.gif

This post has been edited by lawrence1437: Dec 10 2007, 08:28 PM
lawrence1437
post Dec 11 2007, 10:23 AM

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QUOTE(babysept @ Dec 11 2007, 06:06 AM)
gosh, part A seems to be quite easy.. but den for part B, its really killing me..
dun even know if i answered correctly.. answers are so subjective and mroe to application part..
Im not sure wit Section A, part d ques, jus wrote the blardy letter to get the 4 professional marks..
and then, for the importance of IC, is it the elements?
as for the 2nd part, improvement, is it ctrl procedures? I was quite blur, and i recommended to establish a risk management committee alsso an internal audit department.. with their roles in helping to improve..
I did Q1,2 and 3..

Q2 part A.. i used TARA as well, remember seeing such question in Kaplan questions booklet.. but not sure if its right.. frens were saying its not TARA.. after hearing that, almost fainted..

as for part B, its the embedding risk management system rite??

and well, i personally gave up wit P2, gud luck all for tmr's exam!

*wondering how hard will it be for P3 paper.. when P1 is so difficult when we expected it to be the easiest*
*
i also think tat tat is not TARA ... but i donno wat should i asnwer for it tongue.gif
tats y i choose not to do tat 1...
haha ... today i give up also... til now also blur blur 1...
lawrence1437
post Dec 11 2007, 01:17 PM

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good luck for p2 ~!
i juz go and bluffing ... sad.gif
lawrence1437
post Dec 12 2007, 01:19 PM

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p2 question 1 gain is asc right ? hehe ....
gonna go for p3 again .. finally last ...
lawrence1437
post Dec 12 2007, 09:47 PM

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QUOTE(icyblue @ Dec 12 2007, 09:05 PM)
just finis my cat exams-btw i am quite unconfident at my t10-put the numbers in the wrong yr....
*
they marker will always give u some marks 1 ... if it is unintenional mistake biggrin.gif

for p3....
sweat.gif
i got study tat pilot paper question ... but i totally forgot it ....
at last juz bullshit for 20 marks notworthy.gif
lawrence1437
post Dec 13 2007, 12:24 PM

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QUOTE(Irresistible @ Dec 12 2007, 11:14 PM)
Frankly, I think take 4 papers is too heavy ... (I have experienxce b4)....

I thkink next time I will take two papers .... (I sat for 3 papers this time, but already prepare for failure, how many times I already fail ?? blink.gif )
*
agree ... it is heavy .... i almost crazy u know ... rclxub.gif rclxub.gif
aih .. luckily my boss let me take some study leave ...

QUOTE(soul_project @ Dec 13 2007, 12:15 AM)
haiz p3 quite tough la .. duno use wat model to answer ..

generally did all question bt might use wrong model ..

sigh .. hope for a pass can dy .. i'm not greedy

god bless
*
god bless me too whistling.gif

QUOTE(reiden' @ Dec 13 2007, 02:30 AM)
just now looked back to p3 pilot, totally forget all eventhough read it this morning, shit...............
just wan to know q4 izzit difficult or easy for all of u?
*
6 sigma and qa qc?
i juz write what i know ... hope pass it....

QUOTE(coolly @ Dec 13 2007, 12:46 AM)
yalo,i also din come across such thing..
if they want to enforce this,they shd stated in the rule and regulation,only be fair to students..

vin_ann,
my friend said the lec told them,but i doubt on it..
*
actually my lecturer also mention tat .. not onli p1 ... for p2 also ...
actually i also think tat every paper there is a things tat is core for tat paper and examiner may wan us to know tat b4 let pass through the paper wub.gif


lawrence1437
post Dec 14 2007, 07:42 AM

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QUOTE(coolly @ Dec 13 2007, 09:44 PM)
i attend daniel ho class before..he is quite good..got technique to prepare u for exam...
u can do like that..jus we not so kaya..spend rm here to get uk qualification only.. brows.gif
p4 u can go daniel ho class...his technique is really good in helping u understand the thing..

for p6,kwai fatt won't conduct normal class this sitting..so maybe u have to consider chow chee yan
but u need to take p1 to p3 1st ma..so no need so fast think where to study option lo..unless u wan take 4 la..
if not,the tax u can take next time..
that one is TDM under PER,TDM has no deadline..

the one with deadline is called annual return,have to submit by 1st Jan 2008.
u so fast know he is not lecturing next sitting..hehe... thumbup.gif
IRC i think he will conduct gua,depends how is the demand la..if many students ask for it..can ask him consider to conduct lo...
need see this time many students pass o fail 1st...hehe..
*
so the annual return is return of PER and i have to submit b4 yr end? then i hav to let my boss fill it up lor... is it? tongue.gif
lawrence1437
post Dec 15 2007, 10:41 AM

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[quote=coolly,Dec 15 2007, 12:54 AM]
the one is tdm,u need ur superior to sign for u..

annual return no need superior sign,jus submit urself..

tdm and annual return is 2 different thing but is link la...


Added on December 14, 2007, 8:42 am
can reply use internet or no?
*

[/quote]

ya,u can..encourage by acca..
haha..i think i roughly can guess who are u liao wo..u are somebody enemy? brows.gif brows.gif
u fail or not,u still have to pay...even u decided to resit o not taking any exam this sitting,u still need to pay annual fee..

unless u don wan to take acca anymore...
ya,kwai fatt this sitting not teaching normal class,if u wan take p6,then maybe u have to go to chow chee yan liao..hehe..

as long as u follow by do ur core 1st,then u can mixed up with option..
good news...then can suggest student go there liao.. thumbup.gif
*

[/quote]

ic ic tongue.gif
so where can i see tat annual return format? acca web ?

lawrence1437
post Dec 16 2007, 12:44 PM

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[quote=hootguuy,Dec 16 2007, 01:06 AM]
I heard from friends, Oxford Brooke Degree is not recognised by Big4.

Anyone from Big4 can confirm ?
*

[/quote]


my fren use acca part 2 cert and obu degree to successfully apply EY job in singapore biggrin.gif
however ... i donno whether the obu degree played a part or not hmm.gif
i also juz register for my obu for 1,300 ... poor ~tongue.gif
maybe find mr.chow kim tai as my mentor ....
but donno start from which part ....
since i never doing presentation b4 blush.gif
so siapa ada sample project let me see see ? cool.gif cool.gif



[quote=coolly,Dec 15 2007, 11:12 PM]
ic ic tongue.gif
so where can i see tat annual return format? acca web ?
*

[/quote]

ya,u can see from acca website,under ur myacca...
keith farmer will use t account to explain..but the presentation to those financial statement will be in ledger form,followed acca standard answer...
got ppl used to do that..but i am not sure they will take action or not if many do like this.. brows.gif
*

[/quote]


okok thnx coolly flex.gif
u r the best wub.gif


Added on December 16, 2007, 1:21 pmcoolly ~
juz now i go myacca and try the annual return things...
those PERFORMANCE OBJECTIVE STATUS need to be sign off by my boss 1st b4 i can decided whether i achieved or not right ?smile.gif

This post has been edited by lawrence1437: Dec 16 2007, 01:21 PM
lawrence1437
post Feb 18 2008, 07:48 PM

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kaoz... my p7 fail again....2 times in a row
left 1 sub behind -.- ...
u guyz think should i take p7 again ?
lawrence1437
post Mar 9 2008, 11:32 PM

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QUOTE(kelvinlee1983 @ Mar 9 2008, 11:03 PM)
then wat for we proud as ACCA?if ACCA salary is lower than local U degree?

what for always failed ACCA and re-sit again also fail again, again and again?

need more explaination!!!!
*
yo dude... i think u hav misunderstood the meaning ...

"JUst imagine, some ACCA graduate is just 19 years old, 20 years old. (normally , Sunway student)"

the salary lower basics is for the starter, even u r DR. in accounting when u doesnt have any exprience i don think BIG 4 will give a lot higher than ACCA holders lol...
part 2 and part 3 only hold a difference of RM 100-500 when both doesnt have any exprience....
however ...
why degree holder wanna take ACCA after they guaduated?
this is the important point ...
trust me ... when u get exprience .. u will know the difference of ACCA and LOCAL U degree smile.gif


Added on March 9, 2008, 11:36 pm
QUOTE(stephanie0721 @ Mar 9 2008, 10:31 PM)
i know pretty well tat ACCA is a rather tough exam.

i was told tat my ncle failed his paper of ACCA in England n came back 2 M'sia. Tat's why i m really uncertain whether i can perform well or not.

Is there always a fixed examination scope for ACCA? Or v need 2 attempt most of the questions based on our personal opinion ot thinking? i mean there is no any materials 4 us 2 study .. To b frank, i hav no confident 2 answer such questions.  =(
*
The only things that i can tell u is... personal opinion doesnt work in ACCA tongue.gif
every answer in every paper has it owns theory support ...
if u really wan an answer , the answer should be u own explanation based on the specific theory and case

This post has been edited by lawrence1437: Mar 9 2008, 11:36 PM
lawrence1437
post Mar 11 2008, 12:01 AM

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QUOTE(ThanatosSwiftfire @ Mar 10 2008, 09:14 PM)
93 for F7.
*
congrat congrat rclxms.gif rclxms.gif
Price winner in F7 ...
drool.gif drool.gif
i only can say ...
PRO !! notworthy.gif


Added on March 11, 2008, 12:03 am
QUOTE(ellimist @ Mar 10 2008, 02:35 PM)
Well,yea it's fairly important. Obviously you'll need basic knowledge,understanding of concepts and theories,etc etc but that doesn't really make you stand out does it? So yea,personal opinion (good ones at least tongue.gif) are fairly important,be it in exams or in the future.
But of course,don't go write a whole exam paper based on personal opinion and then look for me once you failed the paper laugh.gif It,just helps to have a personal opinion in the exams,especially for case study papers like erm,P3 Business Analysis smile.gif

And yea,textbook I mentioned refers to theory
*
haha .. thats my point lol notworthy.gif notworthy.gif
personal opinion must based on theory support mah hehe .. cant juz bluf out something u like right ? thumbup.gif thumbup.gif

This post has been edited by lawrence1437: Mar 11 2008, 12:06 AM
lawrence1437
post Apr 21 2008, 11:56 PM

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anybody can teach me p7 exam technique? tongue.gif
my last sub and i failed 2 times edi ... sad.gif
studying BPP P7 text book all over again now ... sad.gif
lawrence1437
post Apr 22 2008, 09:56 PM

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QUOTE(seline @ Apr 22 2008, 06:22 PM)
hello.. Ms Sheila in mc orange is taking IRC class this round. you may consider to take this and her class is going to start soon, which is on 29th... she is a quite good lecturer under old syllabus, audit , paper3.1.. since is overlap, u may consider this option

Added on April 22, 2008, 6:26 pmI means P7 here..thanks

Added on April 22, 2008, 6:28 pmI also wish to know.. anyone here can help?

Added on April 22, 2008, 6:33 pm
lawrence, how u studied for last two sitting for this 2 papers? is it difficult?

Added on April 22, 2008, 6:36 pmhello.. I would like to made an announcement here regarding p7.. Ms Sheila is going to take the revision class in mc orange this round.. the class will started on 30/5..is a good choice for P7..please take note of this.. thank you.
*
i live at jb and working ... cant go for revision cls icon_question.gif
i borrowed my cousin BPP textbook which is for old 3.1 syllabus and get a F  cry.gif cry.gif
and this time i buy a new BPP textbook myself lor ... hope it works ...
last paper .... have to chiong ... even waste money sad.gif

This post has been edited by lawrence1437: Apr 22 2008, 09:57 PM
lawrence1437
post Apr 23 2008, 08:46 PM

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QUOTE(seline @ Apr 22 2008, 11:20 PM)
oic.. Actually, before i decided to take this paper, is very  hesitated ..wat problems are you facing with this paper? where is the tough area? i m going to take this paper in this sitting. i can share wif u if i get any guideline from tuition provider..i also quite worry this paper. seems like really tough. doh.gif ..
*
the tough area ....
i think the most tough area i face is i donno wat is the basic line to pass this paper....
not like other papers...
and the whole picture of p7 for me is very blur now...
tongue.gif the reason i take this paper last year is i cant find any other reference books for 3.2 tax and i don wan attempt 3.4 rclxub.gif
i think quite tough lor ... last time i tot i am ok ... but after the answer comes out i realized tat my answer is far far away from the recommended answer doh.gif doh.gif
thanks ya ~ who is ur lecturer for P7 now ?


Added on April 23, 2008, 8:47 pm
QUOTE(lawrence1437 @ Apr 23 2008, 08:46 PM)
the tough area ....
i think the most tough area i face is i donno wat is the basic line to pass this paper....
not like other papers...
and the whole picture of p7 for me is very blur now...
tongue.gif  the reason i take this paper last year is i cant find any other reference books for 3.2 tax and i don wan  attempt 3.4  rclxub.gif
i think quite tough lor ... last time i tot i am ok ... but after the answer comes out i realized tat my answer is far far away from the recommended answer  doh.gif  doh.gif
thanks ya ~ who is ur lecturer for P7 now ?
and also can i contact u through msn ? tongue.gif
*
This post has been edited by lawrence1437: Apr 23 2008, 08:47 PM
lawrence1437
post Apr 24 2008, 06:19 PM

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QUOTE(seline @ Apr 23 2008, 11:01 PM)
oic.. i will take the revision class with sheila fr mc orange. the class will b started on 29th. if i got any guideline, will let u knoe.hehe.. how many marks u got for the 2 attempts?
*
1st time 47 marks , 2nd time 40 marks cry.gif cry.gif
more far away from pass cry.gif cry.gif
okok thnx thumbup.gif ~ can i contact u through msn ??
lawrence1437
post Apr 24 2008, 11:47 PM

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QUOTE(seline @ Apr 24 2008, 10:20 PM)
okok..may i have ur msn address? i will try to add you.. thanks
*
PM u edi biggrin.gif

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