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 ACCA (V4), Accountants

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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
*
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
roy_pck
post Nov 26 2008, 01:03 AM

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My strategy for P3 last sitting was as below:

1) never study AT ALL, never memorize any model/ framework except those basic ones

2) relax and expected to fail the paper

3) go into exam hall, do Section A 1st, analyze the question thoroughly, divide the information into paragraphs

4) answer accordingly and give some real life examples. throw some common sense if possible.

5) continue to Section B. glance through each requirement and eliminate the question which i can't do.

6) repeat step 3 & 4.

7) walk out from exam hall. party cause exam is over!

surprisingly i passed that paper shocking.gif so basically i think P3 is more like a common sense paper. the models/ framework is just to back up your answer. end of the day it is your way of communicating and arguing with the examiner that does matter. and most important, ANSWER ACCORDINGLY.

just my 2 cents, good luck! smile.gif
roy_pck
post Nov 26 2008, 02:05 AM

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yeah. but my lecturer did not give tips. he just pointed out which are the important areas to revise. since you requested for it, i might give it to you as well.

1. business ethics and role, responsibility and ethical conduct of senior financial executives

2. FDI

3. valuation of a company's shares

4. valuation of a company's debts

5. CAPM with effects of changes in gearing

6. M&A

7. Corporate reorganization and capital restructuring

8. foreign exchange risk

9. interest rate risk

10. FOREX modified Black Scholes Model

11. development in financial market - money, capital and derivative market
roy_pck
post Nov 27 2008, 12:45 AM

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QUOTE(carlosandy @ Nov 27 2008, 12:38 AM)
Actually P level paper is very hard to spot. As I understand a lot of the question need to make a judgement, assumption, analysis and etc. What I can understand was for P level, we need to know how to design for the answer, even for calculation paper also, and not just based on what is examiner asking. Just like P3, a lot of answer is based on what we argue with the biz model/framework, but need to relevant to the case/senario.

That's the main reason why some ppl study very hard but still fail, but some ppl only know 50% theory and simple goreng with his knowledge, but also can pass.

For me, P level paper need a lot of understanding, but not memorise by hard. We must understand every step we do, then baru can handle P level paper.
*
totally agree with you. in Professional level, sometimes even the 'tips' come out, you still can't do it without proper understanding and application of knowledge. those who are taking P4 will get what i mean. the examiner himself is so doh.gif doh.gif doh.gif that is why i never reply on tips since i came to Professional level. the tips usually won't come out one tongue.gif

This post has been edited by roy_pck: Nov 27 2008, 12:46 AM
roy_pck
post Dec 1 2008, 08:47 AM

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Here I wish all ACCA candidates best of luck in whichever paper you are taking. May the force be with us. smile.gif
roy_pck
post Dec 1 2008, 10:08 PM

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to those who taking P4, wanna ask you guys a question.

if yield curve is given in exam to find rf (refer to Pilot Q4) and never mention the maturity date of the bond, we take the longest period right? please reply asap. urgent. tq! smile.gif
roy_pck
post Dec 4 2008, 12:08 AM

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QUOTE(rvp @ Dec 3 2008, 11:43 PM)
tmr is finance subs...any1 here taking f9 or p4? im really worried coz da finance syllabus is so wide
*
im taking P4 la...haihz...still doing last minute study now tongue.gif
roy_pck
post Dec 4 2008, 08:09 AM

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QUOTE(francisbacon7 @ Dec 4 2008, 03:29 AM)
any1 taking P5?do u knw which month Student accountant magazine mentioned about P5 issue?can pm n let me knw ya... smile.gif
*
if i'm not wrong Nov/ Dec got an article regarding P3 and P5. check it out! smile.gif

QUOTE(pristina @ Dec 4 2008, 06:07 AM)
study smart  icon_rolleyes.gif  wish you all the best!

and we're the same in the same subject tongue.gif only the level is different
I'm taking F9
*
thanks dear. i will do my best. wah why are you so early? din't sleep eh? tongue.gif
roy_pck
post Dec 4 2008, 07:43 PM

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today P4 hard until......but i would say it is easier than last sitting...questions are straight forward....especially Q3 almost same with examiner's article...

p/s: Q5 borrowing in 2 months on 1 March. meaning now is 1/3 or 2 months later is 1/3???
roy_pck
post Dec 5 2008, 01:36 AM

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QUOTE(formulaoag @ Dec 4 2008, 08:04 PM)
i put 2 months later is 1/3. how long was da borrowing period? 4 or 6 mths?
*
i put now is 1/3. 2 months later 30/4. borrowing for 4 months (coz repayment is 6 months from NOW) smile.gif
roy_pck
post Dec 5 2008, 08:58 PM

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i feel P5 was easy. transfer pricing was very straight forward. you just need to draw out the entire picture. Q1 was extraordinary and wasted me so much time to think what do they actually want. Q2 was basic ratio analysis and some 'bonus' marks here and there (eg: what is a 'good' software biggrin.gif ). Q5 i made a messy calculation on ABC cause time was running out for me and i left ABM blank due to time constraint. sad.gif

overall the paper was nothing compared to previous sittings. hope i am able to grab the chance and pass it after 2 attempts. smile.gif


Added on December 5, 2008, 9:00 pm
QUOTE(flowerr @ Dec 5 2008, 06:13 PM)
hey guys, i'd just finished my p4 paper yesterday.. i m supposed to go for my p1 on mon.. but right now m thinking of absence from my p1 on mon. does acca have any rules that i've to pass/ attend all my essential papers before passing my option papers? thanks.
*
never give up a paper even you do not prepare at all, my friend. you will never know if the paper appears to be easy (eg: my P3 last sitting i passed it without study AT ALL! tongue.gif ). since you have already paid, just go and try your luck loh! smile.gif

This post has been edited by roy_pck: Dec 5 2008, 09:00 PM
roy_pck
post Dec 5 2008, 09:27 PM

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QUOTE(carlosandy @ Dec 5 2008, 09:21 PM)
P5 today is not very hard la, just the my time mgmt no well only and miss some part. Hope can get more than 50 and grad la.
*
wow last paper...good for you. no worries i think you should be able to do it.

after failing P4 for 3 times, my friend switched to P5 this sitting after seeking my advice. i think she should thank me now tongue.gif
roy_pck
post Dec 6 2008, 09:04 PM

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QUOTE(jayniel @ Dec 6 2008, 08:33 PM)
p3 no need study 1 lol
*
agree with you, p3 know how to blow water can already tongue.gif
roy_pck
post Dec 8 2008, 08:10 PM

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i'm panic over P2 too. last minute study now. rclxub.gif rclxub.gif plan to cover standards tonight and consol tmr morn.

impossible? IMPOSSIBLE IS NOTHING smile.gif

This post has been edited by roy_pck: Dec 8 2008, 08:15 PM
roy_pck
post Dec 9 2008, 08:23 AM

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i think i will fail P2 too. so many stds havent covered yet cry.gif cry.gif
roy_pck
post Dec 9 2008, 11:40 PM

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today P2 i spend 45 minutes to do. remaining 2 hours 15 minutes did nothing. went to toilet twice. tongue.gif

ok i've screwed it. this round P2 is damnnnn tough. P2 see you again in June 09. cry.gif cry.gif
roy_pck
post Dec 10 2008, 01:16 AM

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QUOTE(carlosandy @ Dec 10 2008, 12:04 AM)
Why so easy to give up? Actually you should keep on writting whatever you know. Even you don't know, try to tembak with your FRS knowledge lo! Don't miss any chance you earn 1 or even 1/2 marks.

Last sitting, I also don't know a lot of thing and just tembak only. Lucky come out Pass.
*
yeah. within the 15 mins reading and planning time, i glanced through the paper...i know i can't do it already coz i never studied CF doh.gif

but anyway i think the other 2 papers should be able to pass la....2 over 3 papers passed not bad also eh....

P2 see you again in June 09...that will be my 4th attempt cry.gif cry.gif
roy_pck
post Dec 10 2008, 01:48 AM

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no need to study so much for P3 geh la.....know how to blow water then u will pass...trust me tongue.gif
roy_pck
post Dec 10 2008, 10:55 PM

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QUOTE(HBK-reloaded @ Dec 10 2008, 10:29 PM)
wow,P3 seems doable..and fair,no so tough and not so difficult..congrats risky approach of tips awesome,3/4 martin spot came out..Actually for P3,there is no right or wrong answer,unless stated..bcos i see all of u applying different model(which i also unfamiliar tongue.gif ) for each question particularly on organisation culture. so if u apply other models and justify each of the model points..then it is acceptable.. coz management is a very very wide study..u dont only depend on 1,2 model..it could be a lot,sometimes even the examiner doesnt even heard of it..but as long we point out the relevant to case studies.no problem..some of u may attend different lecturer,so each lecturer may teach different model..me myself apply J,S,W cultural web(SPROC-SP),at the same time in passing just mention Peter &Waterman and chandler model..reason i apply some of the different model is bcoz tis is my 3rd sitting,with 3 different lecturer,with many models..
and yet the examiner disappoints us again by not prepared the most awaited question.. CMMI..but V model came out though..part of it.
however,it seems this sitting question 1 quite little of financial info..in fact not much compare to last sitting and to the previous..to the previous....but of coz Non financial performance is in..
since this is fair and doable,i hope examiner will not raise the strict of marking ohmy.gif coz i did bad in P5 so dun wanna both paper F**L.. blush.gif

by the way, Mr. viknes teach F4 at kolej bandar..is it conflict of interest?by charging lower price compare to KSA(will chase away ksa student who are aiming at lower cost).. brows.gif
*
agree with you. there is no right or wrong answer in P3. it is all depends on how you argue your point.s

talking about conflict of interest, i suppose there is none. but one thing for sure, students who are aiming for lower cost and fans of Mr. Viknes will follow him at Kolej Bandar. I am aware that he will be teaching P1 at Kolej Bandar too.

You gotta respect Kolej Bandar's boss Mr. Low Chin Ann's ability to 'pull' lecturers from other colleges. I personally think that it is good to see Kolej Bandar grows up, so that students now have options to go for lower tuition fees and other colleges do not dare to simply increase their tuition fees (ie: suck our blood out) tongue.gif .

Kudos to Mr. Low!!! thumbup.gif


Added on December 10, 2008, 10:57 pm
QUOTE(Topace111 @ Dec 10 2008, 10:53 PM)
Yeah i also received sms regarding viknes teaching at KB. It seems Kb are slowly bulding up its reputation.
I was just concerned whether the classroom size can handle large student crowd.
I am also waiting whether student "chooses" the lecturer or the centre.

I think i need to register quickly for optional paper since i will be on vacation for christmas.
Now i can truly relax & study with more enthusiasm, core paper student size is really amazing, just go to parmindar class you will see.

By the way i have encountered some very funny flow at my exam centre :
50 people sitting for P1
>100 people sitting for P2
30 people sitting for P3
Why the inconsistency ?  tongue.gif
*
when you go for optional, you might probably see <10 people sitting for the papers. laugh.gif

This post has been edited by roy_pck: Dec 10 2008, 10:57 PM
roy_pck
post Dec 10 2008, 11:08 PM

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QUOTE(ThanatosSwiftfire @ Dec 10 2008, 11:01 PM)
shows how hard each paper is biggrin.gif
*
true enough. IMO P2 is the hardest paper among core papers. gonna see it again in June 09 cry.gif

QUOTE(HBK-reloaded @ Dec 10 2008, 11:03 PM)
thing is, mr. viknes at the same time teaching at KSA..so next year he will be teaching two colleges, KSA and Bandar for both F4 and P1.. hmm... hmm.gif  maybe there is agreement btw bandar and KSA.. not to forget, Mr. Raj also teaches in PAAC and now in Kolej bandar..so he will be teaching two places..the same subject..if i were to choose,of coz bandar compare to PAAC where the fees is $$ higher....
*
oh i thought he leave KSA and teaches in KB. now there's weird. i admire Mr. Low even more! thumbup.gif

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