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 ACCA (V4), Accountants

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karhoe
post Nov 23 2008, 02:00 AM

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QUOTE(carlosandy @ Nov 23 2008, 01:55 AM)
Arguement already close and this thing is irrelevant for your study since you decide to choose Sunway. I won't be answer you any question for this case again.

But if you think Sunway lecturer really very good, then please don't ask me anything regarding KL lecturer in future.
*
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karhoe
post Nov 23 2008, 01:46 PM

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Guys I want to ask, I thought of this while revising T8 Audit paper.

Departure from accounting standards is allowed if it reflects the truth and fairness of the FS in a better way.

Any example of such departures?
karhoe
post Nov 23 2008, 06:06 PM

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QUOTE(Raymond_ACCA @ Nov 23 2008, 06:02 PM)
Another example - A 5 star hotel who maintain their hotel extremely well, incurred huge amount of expenditure for maintenance. Their decision was not to depreciate their building, as they argued that the expense of maintenance cost already reflects the true and fair view of the f/s.

Thus, they didnt need to follow IAS 16,( by depreciating, then revalue the property upwards again ).
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Ah, I remembered that example in Kaplan T8 book, thanks !
karhoe
post Nov 24 2008, 07:03 PM

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QUOTE(moon yuen @ Nov 24 2008, 01:48 PM)
Wan to ask,  Conso Income Statement

MI (Minority Interest)

Preference Dividend  (10 X 70%)  = 7

Profit after tax                            RM  50
-minus :  Preference dividend    (RM 10)
                          TOTAL            40      @ 20% = 8

So, all together are 15.

Wan to ask, why need to minus Preference Dividend ? And do not minus Ordinary dividend ?

*
I thought Preference dividend for redeemable preference shares falls under finance cost, while irredeemable falls under SOCE?

This post has been edited by karhoe: Nov 24 2008, 07:11 PM
karhoe
post Dec 12 2008, 01:51 AM

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QUOTE(Topace111 @ Dec 11 2008, 12:12 AM)
If you want the perfect college. i could think of merging this characteristics :
1) Take FTMS environment = comfortable spacing between table & chairs, ergonomic chairs, wide tables.
2) Take MCO dedicated lecturer = Like Haneef, Sheila & Chow they truly wish students best interest at heart.
3) Take KB = Low pricing.
4) Take Paac = max quota on student size.
5) Take KSA experienced lecturer = like Parmindar, Viknes & Phillip.
6) Take Sunway = brand & facilities.

Is there somemore ?
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Yea, Inti is heavily promoting their CAT-ACCA course, and spamming my phone with SMS now and then
karhoe
post Dec 18 2008, 11:36 AM

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Sunway got this program where CAT students, those good ones get selected for ICAEW, to work with BDO and study ICAEW for 5 years, each year take one paper.

What do you guys think, ICAEW with CAT background?
karhoe
post Dec 18 2008, 11:43 AM

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QUOTE(Raymond_ACCA @ Dec 16 2008, 02:10 AM)
Sunway offers entrance scholarship ranging from 3000 to 8000 I think, depending on your SPM results. If your results in SPM are good, then u might end up getting whole semester free smile.gif.

However, now Sunway quality of lecturers really worsen. F7 no more Ms.Menon, P3 no more Mr.Marcus. So, if ur still in for the scholarship, just take advantage for 1 sem, and then go outside for tuition smile.gif
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Marcus left to Inti and begin to heavily promote this Inti college, and on top of that I have been receiving spam SMS from this 'AB' on Inti ACCA, kinda annoying

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karhoe
post Dec 22 2008, 01:59 AM

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QUOTE(khaishin @ Dec 21 2008, 11:44 PM)
Okay, thanks so much for your info.
Are there any holidays for CAT course?
Can get to know some friends from other courses?

Everybody,

If there are applicants of

Diploma + ACCA
CAT + ACCA
Degree
Degree + ACCA

which applicants will the boss go for?

Getting ACCA qualificantions without a degree is ok?
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It doesn't matter, it's your interview skills and your CV, but highly likely the one without ACCA, only degree is disadvantageous


Added on December 22, 2008, 2:01 am
QUOTE(VelVetDreAmzZz^_^ @ Dec 21 2008, 10:04 PM)
is sentral good?coz i nvr heard of it until i search ACCA on the net recently...do u guys switch frm one place to another in order to get the best lecturer for each paper? anyway...can ACCA apply for PTPTN loan?and..normally hw will the fees be like as i dun wanna get overcharged!=)..do we get to choose on hw many papers to take in a sem?or can anyone explain to me hw does ACCA works?izit the same like diploma or wat?few papers in a sem n then the whole sem without assignment?jz exams?hw many times of exams n stuffs?i m newbie here...=( hellp~~
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No PTPTN for CAT and ACCA, because there have been problems with it, like students jumping around, fail papers, etc.


Added on December 22, 2008, 2:01 am
QUOTE(khaishin @ Dec 21 2008, 02:59 PM)
Haha, thanks for sharing , it does let me feel more secure:P
Hmm...
So,r u taking CAT in Sunway?
I may leave Sunway after CAT biggrin.gif
Anything wrong with the lecturer of F5 F6 F8?
Is the studying life for CAT and ACCA in Sunway very stressful?
Cant have a good college life there??
Haha..
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You are a Sunway student? I'm studying CAT there, will begin ACCA coming this January

This post has been edited by karhoe: Dec 22 2008, 02:01 AM
karhoe
post Dec 26 2008, 06:31 PM

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QUOTE(DeathChaosX @ Dec 26 2008, 04:00 AM)
Hey guys, I'm taking f4 5 & 6 this coming seating. Let's say if i wanna take f9 as well, can i take f7 & 8 together with p level papers after that?
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Thats my paper combination coming this Jan

F4 F5 F6 F9, then F7 F8 P1 P3

In Sunway
karhoe
post Dec 27 2008, 11:08 AM

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QUOTE(minhal @ Dec 26 2008, 06:54 PM)
y s it u take the F7 the following sitting instead of the 1st sitting?
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My college doesn't allow F4 F5 F6 F7, the risk is too high if take F7 together
karhoe
post Dec 27 2008, 06:28 PM

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QUOTE(ThanatosSwiftfire @ Dec 27 2008, 06:17 PM)
has anyone noticed the profileration of ACCA or accounting related topics in both EE and Jobs/Careers? There seem to be alot of people doing accounts...

I guess it's too late for me to get out of the cramped field now..
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I agree, soon we have to find a way to take ICAEW qualification lol
karhoe
post Jan 6 2009, 10:00 PM

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Today I was in SunwayTES office, this is what I saw

A student walking in and expressing her interest to enroll in P6 ONLY FULL TIME

Then the clerk opened a spreadsheet and I saw like 20-30 names. And I told myself, no way Kwai Fatt class has so little students

And the clerk said "We have to add you to this waiting list" laugh.gif


Added on January 6, 2009, 10:07 pm
QUOTE(Blackhart @ Jun 26 2008, 11:18 AM)
Something I want to ask the Sunway students:
You know we have to pay the annual fees to the college (including library and computer lab fees) and I believe we paid a deposit for this as well (please confirm this with me).Is it true that we can claim these payments back from the college after we complete the course?I'm growing more disinterested in studying at Sunway due to the expensive fees, student-unfriendly policy to deferment, very long hours, parking etc.

I'm torn between taking P7 at Sunway and KSA.Sunway mainly to pay the annual fee to keep my membership active and Mr. Goh is an ok lecturer (though his lectures tend to make me sleepy).
KSA because Jackson seems to be good at this and I get the option to only pay for the sessions up to the week the results are out.

The dilemma is that I'm worried for my results for the last sitting, if I didn't do well I'll have to defer P7 to the next sitting to avoid taking 4 papers.At Sunway I'll have to pay the whole RM1000+ upfront and if I can't take it this sem after the results the whole payment is sunk and the most I can get is 50% off for next sitting.And after this paper I'll probably not take anything at Sunway anymore.So if I'm not continuing at Sunway anymore do I have to officially apply to the college or just not do anything?
*
Deposit sure can take back, I remembered you have to fill in a form at the end of the course. Deposit is only for library books, so that you return all books and settle all outstanding penalties before leaving college.

What do you mean by unfriendly policy to deferment?


Added on January 6, 2009, 10:07 pmAnd today I had my first class of F4 and F5, wow you guys are right, it's very challenging and F4 seems very interesting. Just hate the fact that lecturer mentioned have to memorize case law.

This post has been edited by karhoe: Jan 7 2009, 12:43 PM
karhoe
post Jan 7 2009, 12:29 PM

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QUOTE(Topace111 @ Jan 6 2009, 11:39 PM)
I can throw some reasons if you claim why you are perplexed why CKF class is only "30" :
1) He is very famous but he had stop teaching for few sessions (look at keith farmer : use to be the top reporting lecturer)
2) Optional class itself is self explanatory : it is not core paper innit. Last time finance is core paper & the lecturer like daniel ho can have aroundĀ Ā 
Ā  Ā  300 students but now its optional it shrink to roughly 30.
3) Late confirmation (everybody have already registed for other paper / lecturer)
4) You think everyone can afford sunway ?
5) You think everyone live near sunway ? (its not even accessible through LRT)
6) You think everyone chooses tax as their optional paper ?
7) And the most important of all why does it concern you if the class is only 30, do you want it to be 300 instead (you like to study in crowded env ?)
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You obviously did not read the post correctly, the WAITING LIST has '30' people, class is already full. Hopefully you read the questions properly in the exam hall and do not make silly mistakes smile.gif

It does not concern me if the class is only 30 or 300. Why is it that you sound so offended?


Added on January 7, 2009, 12:33 pmI am not sure whether CKF is teaching P6 in Sunway or not, but do have a look at the timetable

http://www.sunway.edu.my/images/stories/Su...om_g1_jan09.pdf

Probably there is another Choong KF teaching P6 in Sunway.

This post has been edited by karhoe: Jan 7 2009, 12:43 PM
karhoe
post Jan 7 2009, 01:58 PM

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Lol, okay laugh.gif

So, now just wait till February, and we shall see who this 'Choong KF' is biggrin.gif
karhoe
post Jan 9 2009, 07:24 PM

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QUOTE(aaron1kee @ Jan 9 2009, 06:08 PM)
Attended T5 twice this week. It is really hard. I wonder if I can understand by revision, so full of concepts which are relatively new to me.

Seriously,is it in this paper, memorizing will be better than understanding?
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T5 is one exception, have to memorize smile.gif

But study consistently, it will be good, use BPP
karhoe
post Jan 16 2009, 09:43 PM

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Hi guys, my friends and I sort of got picked by my college to take up the ICAEW program, what do you guys got to say about that? Working in audit firm and doing ICAEW at the same time, I opened a thread here to discuss about it

http://forum.lowyat.net/topic/908974

My family has been discouraging me so strongly and wants me to finish ACCA, but me on the other hand, feels like taking up the course, but I do not know much about studying ICAEW and working at the same time, so hope you guys can tell me more. Better still if some of you who are working in audit firms can share your experience on your colleagues who are doing this program manage it, if they are any

Thanks


Added on January 16, 2009, 9:44 pm
QUOTE(winongcf @ Jan 16 2009, 03:30 PM)
ms wong is a freelance part time lecturer..so it is not surprise to see her name appear in a few colleges  smile.gif
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She was my T5 lecturer, I have to say, a very good lecturer. I would have scored better marks in the exam if not for the examiner asking the only topic that she did not cover LOL

This post has been edited by karhoe: Jan 16 2009, 09:44 PM
karhoe
post Jan 17 2009, 02:14 AM

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QUOTE(winongcf @ Jan 17 2009, 01:04 AM)
i have came across this decision making dilemma when i was waiting for the cat results last year.i guess u are like me a sunway student who got the offer from BDO and deloitte..i have came accross this and my final decision is to decline this offer although i have gotten the offer letter from both the firm,delottie is being so angry at my decision and one of the director in BDO,one of the partner(dato gan), the HR manager in deloitte and a sunway person actually called me up to ask me about it...i am not sure why are they so desperate of getting new ppl to their icaew course...but this is kinda surprise me when they called me..

i am sure mr teo or whoever promoting this course will tell u all something like icaew is easier than acca for the first few papers and icaew has higher privilege than acca in the world or something like acca is just qualified accountant in UK where as icaew enable u to become a qualified chartered accountant in UK..and etc etc..however if u have any uncle or aunty in accouting or audit field,ask them for opinion,they will tell u the practical problem that u will face

a few of my friend who took the offer is now suffering in BDO working til mid night almost everyday,one of their father who chat with me said that his daughter work til 1am morning sometimes without any OT allowance...and by the time she reach home is already 2am,and slp for few hours,7am early morning have to wake upĀ  prepare for work again,then saturday and sunday will go to sunway to attend classes for icaew,for ur information,ms menon is teaching icaew too..if u can accept this kind of life for 5 years,ya u can go for it..definitely u will have higher pay compare to acca students after u graduate becoz u will have 5 yrs working experience compare to others..

my advise is that if u are really interested in working as an auditor and can stand the pressure for 5 years,u can consider about it,and if u plan to work oversea,then it will be good to have icaew too,but if u plan to work local in malaysia,then acca+mba(maybe) will be more than sufficient for u to achieve high pay and possess high post in a company...
*
Thanks, I just needed to see this few lines

QUOTE
a few of my friend who took the offer is now suffering in BDO working til mid night almost everyday,one of their father who chat with me said that his daughter work til 1am morning sometimes without any OT allowance...and by the time she reach home is already 2am,and slp for few hours,7am early morning have to wake up  prepare for work again,then saturday and sunday will go to sunway to attend classes for icaew,for ur information,ms menon is teaching icaew too..if u can accept this kind of life for 5 years,ya u can go for it..definitely u will have higher pay compare to acca students after u graduate becoz u will have 5 yrs working experience compare to others..
I guess I will reject the offer then smile.gif

This post has been edited by karhoe: Jan 17 2009, 02:15 AM
karhoe
post Jan 21 2009, 11:47 PM

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QUOTE(Blazingkidz @ Jan 21 2009, 11:26 PM)
why nobody mention sunway for good lecturers?
how to determine whether a lecturer is good?
Have you attended all lecturers class to judge?
How to judge? by pass rate? By number of prize winners? Class size? Appearance? Humour? punctuality? answering technique? presentation style?

Certain lecturers are known to be good, i went for their class, i feel like failing
Certain lecturers are not popular, i went for their class, i score

College hopping to get a good lecturer is just an disillusion.
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Because alot of people here are anti-sunway. To them, sunway is very expensive, lecturers are not experienced, etc etc sweat.gif , and they will say things like, why pay more when you can get it much cheaper at KL, etc

I do not want to say anything good about Sunway here, because i'll probably get flamed by those KL colleges students smile.gif

This post has been edited by karhoe: Jan 21 2009, 11:47 PM
karhoe
post Jan 22 2009, 09:43 PM

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Hmm, I saw on the doors of the LT of Sunway, stated that Choong Kwai Fatt class will begin next month, so we have another dupe CKF ? since many of you claimed he personally emailed you saying he will not be teaching there.

Just curious

This post has been edited by karhoe: Jan 22 2009, 09:43 PM
karhoe
post Jan 22 2009, 11:06 PM

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QUOTE(elite_smart @ Jan 22 2009, 10:26 PM)
Well, even if the lecturer push the students and the students do not take their advice, they won't study also what..... Eventually if a student really want to study, they will study. So, the students have to decide themselves also. Besides, KL lecturers can try to "push" the students too.
But more to "quality orientated student"... compared to cost orientated student...
Just wait 2 more weeks then we know whether the news that Dr CKF teaching in Sunway is real tongue.gif
*
Damn, Sunway must have got 'mixed up' then

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