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 ACCA (V4), Accountants

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Rvelos
post Nov 18 2008, 11:41 PM

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QUOTE(carlosandy @ Nov 18 2008, 11:39 PM)
I'm working in Standard Chartered.
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I see.. good prospects! completed ACCA ?


Added on November 18, 2008, 11:43 pm
QUOTE(carlosandy @ Nov 18 2008, 11:40 PM)
你唔死都没用,死白痴Sunway fans!
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hehe.. dont put chinese words.. i understand one.. Mandarin Club in Sunway has equipped me with basic chinese. one benefit in Sunway.

This post has been edited by Rvelos: Nov 18 2008, 11:43 PM
Rvelos
post Nov 18 2008, 11:46 PM

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QUOTE(carlosandy @ Nov 18 2008, 11:44 PM)
白痴Sunway fans你唔死都没用
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HAHA.. take care.. ACCA exams coming de.. go study now..
carlosandy
post Nov 18 2008, 11:51 PM

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QUOTE(karhoe @ Nov 18 2008, 11:36 PM)
Why are we having arguments on Sunway vs KL colleges?

Both have pros and cons

Sunway
More study hours
Good study environment
Resources

KL Colleges
Cheap
Experienced lecturer

So it's up to the students. If I were to take 4 papers at one go, I would prefer to go to Sunway as studying long hours in a better environment would be better, and I can always go to the library to study during breaks or before/after classes
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I don't want to argue with him, just he is not happy. As I told you, money is you, yourself make decision, non of my biz.

I think may be he is Mr Teo from Sunway, since he only talk how good Sunway.



This post has been edited by carlosandy: Nov 18 2008, 11:53 PM
yhtan
post Nov 19 2008, 12:23 AM

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QUOTE(karhoe @ Nov 18 2008, 08:49 PM)
She's teaching ICAEW as well?

Didn't know Sunway Platinum status is on jeopardy. I've heard that the results have dropped for certain papers. Perhaps after this, they would be more strict in barring students who did not fare well in their mock exams or progress test.
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yup, i think she teaching ICAEW as well
Menon is a lecturer treat teaching as a hobby, she will not put money as priority, thats why she is the only good lecturer left from the good old days

for platinum status, the passing rate of 11 out of 14 papers in ACCA must be higher than the average world passing rate, and the 3 core paper passing rate must exceed 50% (correct me i'm wrong)

and guys please stop flaming each other, it look so unprofessional sleep.gif

This post has been edited by yhtan: Nov 19 2008, 12:23 AM
carlosandy
post Nov 19 2008, 12:25 AM

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I would like to say sorry to everybody here since I put that chinese word.

But member Rvelos truely no point, I never heard ACCA ppl from Sunway can got more value in CV.

Once you grad, boss only interest your ACCA and not your college. That's why some ppl own study ACCA, but boss oso will accept.

I never heard Sunway ACCA student more value than KSA/Mc Orange ACCA student. Truely STUPID

This post has been edited by carlosandy: Nov 19 2008, 12:26 AM
yhtan
post Nov 19 2008, 12:33 AM

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QUOTE(carlosandy @ Nov 19 2008, 12:25 AM)
I would like to say sorry to everybody here since I put that chinese word.

But member Rvelos truely no point, I never heard ACCA ppl from Sunway can got more value in CV.

Once you grad, boss only interest your ACCA and not your college. That's why some ppl own study ACCA, but boss oso will accept.

I never heard Sunway ACCA student more value than KSA/Mc Orange ACCA student. Truely STUPID
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but there is a fact that Sunway student got privilege for entering EY
carlosandy
post Nov 19 2008, 12:40 AM

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QUOTE(yhtan @ Nov 19 2008, 12:33 AM)
but there is a fact that Sunway student got privilege for entering EY
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B'cos Mr Teo is friend for EY boss, but doesn't mean other ppl don't have chance to enter EY. I got friend study ACCA in KSA and TARC, currently they working in EY oso.

And not said privilege, just EY give them a opportunity, whether they can go in is depend on them oso.

This post has been edited by carlosandy: Nov 19 2008, 12:42 AM
Topace111
post Nov 19 2008, 01:05 AM

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This argument can span 2 pages HA HA biggrin.gif . Perhaps i should throw my hat at the party too (quite stress right now tongue.gif ).

Again we come to "You know who ?".
I don't think college cv is that important but i known from an elder friend that PWC "prefer" student who had university / college life experience in prior years. Its because from recruitment & selection process many acca candidate cannot express themselves quite well (knowledge is there just the communication). Currently its quite flexible already.

Working in Big 4 is good but strictly for short term only (3 years). If you are callibre enough you will be snapped by major corporations & $$$ will come very quickly. Big 4 auditors earns very little & gain very few experience in work (especially creative accounting which was price at commercial world). Yep corporate governance is very bad in MAlaysia (still strongly rooted in family culture), just look at genting & YTL.

What is more powerful than CV , HA of course again "You know who". Why ? they will discreetly ask you this 2 question :
1) Do you know any datuk (hire on the spot)
2) Any recommendations from their ex-auditor (if has this it will be a great bonus).

I think basicly wherever you came from its the same comcept (whether you come from sunway or not).
In Malaysia, sunway reign supreme in acca but comes with new syllabus i can see they will fill face a horrid time in catching up (spotting is very difficult business indeed). Remember the examiner always (purposely) make the exam easier at the early / late period of paper. After 4 sitting you will see the pass rate drop drastically. Just check the statistics (it was so obvious).

Whats the difference if a normal layman / prospective employer ask me if the student come from sunway or normal centres ?
1) Can you tell me the difference in taste of pepsi found at 7-11 for Rm1.5 compared to those at hotel for Rm 8. No (just the packaging)
2) Is there a difference somebody who pass ACCA in the deep jungles at amazon than a London centre. No (more credit to the former rclxms.gif )

By the way i don't think EY is the only Big 4 in concern right ? whistling.gif
Who said you must work in Big 4 to be successful ? shakehead.gif
carlosandy
post Nov 19 2008, 01:29 AM

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QUOTE(Topace111 @ Nov 19 2008, 01:05 AM)
This argument can span 2 pages HA HA  biggrin.gif . Perhaps i should throw my hat at the party too (quite stress right now  tongue.gif ).

Again we come to "You know who ?".
I don't think college cv is that important but i known from an elder friend that PWC "prefer" student who had university / college life experience in prior years. Its because from recruitment & selection process many acca candidate cannot express themselves quite well (knowledge is there just the communication). Currently its quite flexible already.

Working in Big 4 is good but strictly for short term only (3 years). If you are callibre enough you will be snapped by major corporations & $$$ will come very quickly. Big 4 auditors earns very little & gain very few experience in work (especially creative accounting which was price at commercial world). Yep corporate governance is very bad in MAlaysia (still strongly rooted in family culture), just look at genting & YTL.

What is more powerful than CV , HA of course again "You know who". Why ? they will discreetly ask you this 2 question :
1) Do you know any datuk (hire on the spot)
2) Any recommendations from their ex-auditor (if has this it will be a great bonus).

I think basicly wherever you came from its the same comcept (whether you come from sunway or not).
In Malaysia, sunway reign supreme in acca but comes with new syllabus i can see they will fill face a horrid time in catching up (spotting is very difficult business indeed). Remember the examiner always (purposely) make the exam easier at the early / late period of paper. After 4 sitting you will see the pass rate drop drastically. Just check the statistics (it was so obvious).

Whats the difference if a normal layman / prospective employer ask me if the student come from sunway or normal centres ?
1) Can you tell me the difference in taste of pepsi found at 7-11 for Rm1.5 compared to those at hotel for Rm 8.  No (just the packaging)
2) Is there a difference somebody who pass ACCA in the deep jungles at amazon than a London centre.    No (more credit to the former  rclxms.gif )

By the way i don't think EY is the only Big 4 in concern right ?  whistling.gif
Who said you must work in Big 4 to be successful ? shakehead.gif
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I just tell ppl study in KSA/Mc Orange and Sunway also got advantage and disadvantage, cos he is still new to ACCA.

The only problem was come from that Sunway big fan - Rvelos. He keep on argue with this stupid point - Sunway student got add value in CV.

Man, ACCA is external exam, just like STPM, if you can score 5A, no matter what local uni you apply, but they also will accept.

No ppl will interest for college cos we are not taking College exam, but ACCA exam.

Lastly, I won't be argue with him anymore for this issue since he totally don't know what the commercial ppl want in working life.

roy_pck
post Nov 19 2008, 02:18 AM

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QUOTE(karhoe @ Nov 18 2008, 08:49 PM)
She's teaching ICAEW as well?

Didn't know Sunway Platinum status is on jeopardy. I've heard that the results have dropped for certain papers. Perhaps after this, they would be more strict in barring students who did not fare well in their mock exams or progress test.


Added on November 18, 2008, 8:51 pm

Should be OSC + RE because reserves actually belong to shareholders, reserves are undistributed profits, all profits belongs to them after all, just that the business cannot distribute all profits, how are they going to expand if that's the case. They distribute it back subsequently in the form of bonus issues or discount script issues.

Correct me if i'm wrong
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thanks for your reply. i think you are right. now i got it clear! thanks again! smile.gif


Added on November 19, 2008, 2:35 amJust read through the arguments above and i think i am senior enough to voice out my opinion on this matter (I have been studying ACCA for 3 years + in 'low standard' Mc Orange, Kasturi, Kolej Bandar etc tongue.gif ).

I do agree with Rvelos that studying in Sunway will give added advantage for you to enter into Big 4. I do not mean that students who study outside will not get into Big 4, just that Sunway students stand a HIGHER CHANCE. Like it or not, this is the preference of Big 4 employers. And yes, Sunway provides a better study environment (ie: there is college life, huge library etc).

But learning wise, I would have to say outside lecturers are more experienced and knowledgeable. As far as I know, the only good lecturer left in Sunway is Ms. Menon. Look at outside colleges, we have Sheila, Chan Tze Kang, Haneef, Parminder, Andrew Pang, Choong Kwai Fatt, Philip Woo etc etc etc.

For me myself, the most important element of learning is LECTURER as he/ she can turn your weakest paper into strongest one. Therefore I have been studying at outside colleges all these while. Whenever people ask me where i study, I just said Mc Orange and seriously, i don't feel shame of that. smile.gif

p/s: Please mind your words carlosandy. You definitely don't want this thread turning into a Kopitiam thread, do you? icon_rolleyes.gif

This post has been edited by roy_pck: Nov 19 2008, 02:36 AM
Cloudeu
post Nov 19 2008, 08:17 AM

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Sunway is about its policies.
Even though the lecturers might be inexperienced compared to lecturers in other centers, the time apportioned for each paper is much more lengthy.
Besides, the main advantage about Sunway is its resources and its administration, which might be quite attractive to employers. (Encouraging students for World prizes in order to help promoting itself is pretty clever move)

That said, it is still you who is sitting for the exam. You might have the best lecturer but you might still fail the paper. (I was a student for 2.5 in Sunway, and failed that paper, terribly, while passed my P3, while absent for class for half the semester in another college)

So, in the end, it is your choice. In no way that Sunway, even though with Platinum status is superior compared to the other colleges/centers, and vice versa.

QUOTE(samseiko)
What papers are you taking?

P1, P2, P4, P6
Rvelos
post Nov 19 2008, 08:47 AM

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QUOTE(roy_pck @ Nov 19 2008, 02:18 AM)
thanks for your reply. i think you are right. now i got it clear! thanks again! smile.gif


Added on November 19, 2008, 2:35 amJust read through the arguments above and i think i am senior enough to voice out my opinion on this matter (I have been studying ACCA for 3 years + in 'low standard' Mc Orange, Kasturi, Kolej Bandar etc tongue.gif ).

I do agree with Rvelos that studying in Sunway will give added advantage for you to enter into Big 4. I do not mean that students who study outside will not get into Big 4, just that Sunway students stand a HIGHER CHANCE. Like it or not, this is the preference of Big 4 employers. And yes, Sunway provides a better study environment (ie: there is college life, huge library etc).

But learning wise, I would have to say outside lecturers are more experienced and knowledgeable. As far as I know, the only good lecturer left in Sunway is Ms. Menon. Look at outside colleges, we have Sheila, Chan Tze Kang, Haneef, Parminder, Andrew Pang, Choong Kwai Fatt, Philip Woo etc etc etc.

For me myself, the most important element of learning is LECTURER as he/ she can turn your weakest paper into strongest one. Therefore I have been studying at outside colleges all these while. Whenever people ask me where i study, I just said Mc Orange and seriously, i don't feel shame of that. smile.gif

p/s: Please mind your words carlosandy. You definitely don't want this thread turning into a Kopitiam thread, do you? icon_rolleyes.gif
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Very very good comment!! I agree. I'm not ashamed of telling others that I go outside for some papers. I highly regard the experience that some outside lecturers have!!
TSThanatosSwiftfire
post Nov 19 2008, 10:23 AM

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Clondeu, u have a nice combination. biggrin.gif it's like the combination i took for june 2008 biggrin.gif
cospi03
post Nov 19 2008, 01:30 PM

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QUOTE(cospi03 @ Nov 17 2008, 06:55 AM)
i'll need a lil help regarding paper P4.

Topic merger & acquisition.

Type 3 acquisition - where the acquisition have both biz and fin. risk - must use iterative revaluation procedures which is something like risk adj. WAAC.

My question is why not we use the APV since the acquisition have fin. risk changes. So far i know the risk adj. WAAC can't cope with the fin. risk changes, instead biz risk only, so why we still use the risk adj. WAAC in valuation of type 3 acquisition???
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Haiizz... all taking about college centre.. the exam is near... plz... help me on this... bout the college, next semester u all can figure out which college to choose... i already study in both 3 college, sunway, MC, KSA... my opinion is u all just choose a lecture based on the paper, thats all... for exp, P3 - go to parmindar - KSA, F7 and P2 - Menon - sunway, audit paper go to Sheila - MCO, tax go to chongkwaifatt, finance i took at sunway - micheal... easy rite, no need to fight and hate another college... ok

so, please help me on this...
vvvvv
post Nov 19 2008, 01:38 PM

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Anyone can provide Mock exam paper for P1& P3 -for dec08 exam.



andy888
post Nov 19 2008, 02:42 PM

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QUOTE(vvvvv @ Nov 19 2008, 02:38 PM)
Anyone can provide Mock exam paper for P1& P3 -for dec08 exam.
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currently, it is difficult to get mock exam or tips for ACCA exam from tis forum already. not like old days already.

this forum now become like kopitiam, argue there/here, argue lecturer, argue college

tongue.gif biggrin.gif

not mean of offend, but it is reality. doh.gif


Added on November 19, 2008, 2:43 pm
QUOTE(vvvvv @ Nov 19 2008, 02:38 PM)
Anyone can provide Mock exam paper for P1& P3 -for dec08 exam.
*
currently, it is difficult to get mock exam or tips for ACCA exam from tis forum already. not like old days already.

this forum now become like kopitiam, argue there/here, argue lecturer, argue college

tongue.gif biggrin.gif

not mean of offend, but it is reality.

This post has been edited by andy888: Nov 19 2008, 02:43 PM
karhoe
post Nov 19 2008, 04:30 PM

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I spoke to another lecturer about this combination

F4 F5 F6 F9

F7 F8 P1 P3

P2 and remaining optional papers

She said not advisable to do P3 without P2 knowledge, she suggest

F7 F8 P1 P2, but F7 and P2 are long study hours paper, this 4 papers combination means 36 hours a week.

What do you guys say?
vvvvv
post Nov 19 2008, 05:15 PM

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QUOTE(andy888 @ Nov 19 2008, 02:42 PM)
currently, it is difficult to get mock exam or tips for ACCA exam from tis forum already. not like old days already.

this forum now become like kopitiam, argue there/here,  argue lecturer, argue college

tongue.gif  biggrin.gif

not mean of offend, but it is reality.  doh.gif


Added on November 19, 2008, 2:43 pm

currently, it is difficult to get mock exam or tips for ACCA exam from tis forum already. not like old days already.

this forum now become like kopitiam, argue there/here,  argue lecturer, argue college

tongue.gif  biggrin.gif

not mean of offend, but it is reality.
*
Tks for yr inf.
you can try serach "SAA MOCK EXAM'' fm Yahoo search enginee.
this is public fm singapore Acctg body >


Added on November 19, 2008, 5:24 pm
QUOTE(karhoe @ Nov 19 2008, 04:30 PM)
I spoke to another lecturer about this combination

F4 F5 F6 F9

F7 F8 P1 P3

P2 and remaining optional papers

She said not advisable to do P3 without P2 knowledge, she suggest

F7 F8 P1 P2, but F7 and P2 are long study hours paper, this 4 papers combination means 36 hours a week.

What do you guys say?
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F7 -reasonable.
F8-need more pratice
P2- very Tough...need a lot of time
p3-i dun think need P2 experience but must hv acctg knowledge..may be talk abt Ratio ,then need to knw it...p3 ratio u can learn fm F7 &F9.
if talk abt Ethical ..then u need P1 knowledge for P2 & P3.

This post has been edited by vvvvv: Nov 19 2008, 05:24 PM
Raymond_ACCA
post Nov 19 2008, 05:38 PM

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F7 and P2 exam same day if im not wrong. Btw, some of my classmates took F4,F6,F7,F8. Then F5,F9,P2,P3. During F5,F9,P2,P3, they say they focus on P2 and P3 only, coz they find F5 too simple. ( in the end 1 of them got 80 for F5, and another 90 for F9 = =). They are from Sunway, i think u ask them to give u this combination, they might allow. Afterall, ur the one sitting for exams smile.gif. If they discourage u, show them that u have good track record, and u can handle it XD

This post has been edited by Raymond_ACCA: Nov 19 2008, 05:40 PM
allornothing
post Nov 19 2008, 06:47 PM

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F7 and P2 exams dates are the same. I think Raymond's combo would be nice. Or else you would be left with what I did, F4,F5,F6,F7 and then F8,F9,P1,P2

It's pretty safe if you follow the sequence

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