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 ACCA (V4), Accountants

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Topace111
post Jan 11 2009, 03:10 PM

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Well my friend already knows the history, background, conversion agreement.....of Obu. She only wants to know how hard is it to get each of those ranks. She wants first class you see tongue.gif and she won't consider it if its very difficult to get A or B then she will get 2nd upper or something. As for me acca is quite enough until proven otherwise hmm.gif .
Topace111
post Jan 11 2009, 09:53 PM

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QUOTE(gecodine @ Jan 11 2009, 09:12 PM)
To all those lecturers, sorry to say, u all make urself low standards by promoting urself in this website.. Its not professional for lecturer to do that... I can say that ur standard now is close to secondary school teacher, for ur info, even diploma lecturers oso have their high standards and dignity by not exaggerating their self in this forum... ok.. if u all really desperate to get money, try to improve ur teaching and u can oso try to work part time doing accounting stuff like that.. sorry..
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Well the lecturers you mentioned don't have acca per se & not really governed by acca code of ethics.
Perhaps their law code of ethics ?
Competition does breed out efficiency.
Anyway i agreed on your sentiments that their action should speak louder than their words.
Topace111
post Jan 11 2009, 10:39 PM

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QUOTE(florencensm @ Jan 11 2009, 10:31 PM)
other than parmindar and andrew pang still got other obu mentor or no?
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Chow kim tai at Mco ?
Topace111
post Jan 12 2009, 11:46 AM

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I don't mind lecturer presence here if they are here "genuinely" to help students in their respective acca papers. I also have received a fair share of Pm most of the time. However i thought most lecturers use email these days.

Please correct me if i am mistaken or pehaps by purely coincidental events taking place (Self disclaimer)
I have notice a few numbers of new influx helping to promote the new lecturer in place.
She may be very good & professional (time will prove) but such a good review on first few classes (you must be kidding me)
Lecturers like Haneef, Chin ann, parmindar take years to establish themselves as "recommended lecturer'.
Topace111
post Jan 12 2009, 12:21 PM

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Now thats a lot better sign-off.
Perhaps you should understand that in the past few years there are history of lecturers pretending as students trying to market themselves here.
So most students are afraid of this recurrence of events (which includes me). Perhaps you are really good (i also hope so to reduce any lecturers monopolisation of the market).

The strongest in the room is always the most silent one. Quoted from denzel washington in american gangster.
Topace111
post Jan 12 2009, 03:58 PM

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QUOTE(smartlike @ Jan 12 2009, 02:55 PM)
hello...i would like enquire wther p1 lecturer Mr Low Chin Ann is a good lecturer or experience lecturer??and also Mr SeeLan??

thanx...!!!
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Mr low is a good lecturer i presume (when he was a student he bags many prize winner = hence he taught those he won tongue.gif )
Experience wise he will be unfairly evaluated compared to the likes of sheila & phillip.
Some like his syle while some cannot adjust accordingly. (i was too at the beginning)
After several sessions with him i realise most lecturer have 2 ways to teach student (he is the odd one) :

First method : Note orientated
These type of lecturer will asked the student to focus on the notes provided not those writings did in class. The lectures just to explain what in the notes. Simply said you will refer your notes most of the time when you study.
Example : Parmindar, Haneef, Sheila, Siva nair, phillip woo......, mostly theory papers

Second method : Class notes orientated
They will ask you to jolt down things learned in class & rarely refer to text books for that matter. They rarely depend on their notes but teach you in class with examples or past years. Normally you have to read back in their own notes back home.
Example : Andrew pang, Daniel Ho, Chow kim tai, .........mostly calculational papers

Third method : Hybrid
I rarely encountered such lecturers but there are : Viknes & Chin ann
They will give you their notes & also ask you to copy in class. You have to read them together back home or you will be left clueless bcos :
1) Their notes : will normally be difficult to understand without proper explanation (but explained in full original version)
2) Class notes : it will be summarised or simplified version with key words / acronyms (if you read this only it becomes too thin / inadequate)
Students normally have problem / irregularities in the beginning but later on they will understand better than the rest (theorethetical speaking)
Topace111
post Jan 13 2009, 12:48 PM

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QUOTE(yemm @ Jan 13 2009, 12:06 PM)
May i know who are the recommended lecturers for P2 and P3? and where are they teaching now?
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For P2 its more thereothetical now so i will recommend haneef at Mco, fees around Rm1000 for full term.
For P3 since its quite obvious i will say you need to try parmindar at KSA , fees around Rm 700 - Rm 800 for full term

If you want the recommended lecturers at this forum please refer to the first page, its all there minus the adjustments for june 2009 seating (keith farmer will not be teaching this seating at KSA due to personal reason).


Added on January 13, 2009, 12:57 pm
QUOTE(sanook @ Jan 13 2009, 10:10 AM)
ACCA is a piece of cake..
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Every once a while somebody will throw a statement like that here.
Normally its from someone who already finished their respective acca papers (its a very common symdrome every part of the world)
(I also keep telling my junior cousins how easy the public examination is, that is after i finished it of course + result to back up tongue.gif )

I always stand for the principle of "Everything is simple but its not easy"
ACCA will be simple to someone who worked hard for it. thumbup.gif
However if you mean its too simple that anyone can pass it with flying colours then you must be beyond prize winners. Even they don't dare to speculate their result before it cames out.

This post has been edited by Topace111: Jan 13 2009, 12:57 PM
Topace111
post Jan 13 2009, 03:32 PM

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Same principle wherever you go. Its the"kiasu" inside us. tongue.gif Just don't take it too seriously.
My secondary teacher always told me you can boast whatever you want after you finished it but never before it. God knows what happen after taht if your expectation backfires. I already learned it the hard way last time. sweat.gif

This post has been edited by Topace111: Jan 13 2009, 03:32 PM
Topace111
post Jan 14 2009, 12:33 AM

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QUOTE(accaacca @ Jan 14 2009, 12:04 AM)
thanks to everyone who replied me!! =) rclxm9.gif

btw would like to ask a simple question:
i would like to get the original posted student accountant magazine instead of the online student accountant direct magazine thru my email as it is easier to read with a book in hands instead of reading it thru the com. what should I do?  rclxub.gif anything I need to click or whatever in the myacca account? I tried looking for information in the acca website but all it gave was just information on getting the e-magazine. 

would really appreciate the help given. icon_question.gif
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normally it will comes 2-3 weeks afer it was e-mailed to you.
When comes to post there is really nothing much you can do (In Malaysia we call it snail mail literally)
Topace111
post Jan 14 2009, 01:50 PM

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As my experience goes normally when the student pass their paper they will wholly claim it as their self effort, hardwork, perseverance..... yawn.gif
When they failed they will start blaming everything else (apart from themselves) starting from the lecturer, then lack of time, insufficient notes..... yawn.gif .

I have been to viknes class before & i can objectively say he wish the student all the best for exam (He has spent half n hour in 2 sessions telling the student not to fail & study hard). Whenever i asked questions he will also replied politely. Yeah you can call him pervert, arrogant.....but that does not distrupt the study isn't it.

However there are 1 supposed to be top lecturer which i cannot reveal (for safety reasons from his fans). I have a friend from sunway who attended his class & this lecturer is not motivated to teach, impatient, reacts badly to question being asked, scold student if unable to conjure up with the answer...... (now this is what you should complained about) I don't think anyone should criticise someone else personal attitude or behaviour but on their performance of the lecture. flex.gif
Topace111
post Jan 14 2009, 04:02 PM

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It is not that this lecturer is not good but already fallen from grace. What i mean he "used to be very good" but circumstances in late have downgrade his performance (like roger federer the tennis star). Ok la he is not at sunway & not from CAT.

I think even some of his co-lecturer don't think highly of him "anymore". Maybe my friend is over sensitive but he feels KSA students don't like when people ask questions in class (maybe bcos of interrruption ??). I always had a theory when come to asking questions :
1) If you are clever and ask too many question = you are arrogant
2) If you are not so clever and ask too many question = you are unintelligent
These perceptive is in the eyes of other students so maybe KSA students don't like to ask question to their lecturer (I don't know ??? tongue.gif ) but i see most sunway students did. I prefer a livelier class than a deadwood class. yawn.gif

I always uncertain whether to ask parmindar in class bcos
- i always sit at the back
- there is around 250 - 300 people in the class
- its too quiet when he is talking (it spooks me out since these students are deadly serious = intimidation)
Er i am not refering parmindar as that lecturer (he is quite a nice guy, normally i reserved my question during break time or after class)

Actually i am very curious how sunway can instill that "thirst of knowledge / curiosity" to you guys studying in sunway ?
Topace111
post Jan 14 2009, 11:48 PM

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QUOTE(winongcf @ Jan 14 2009, 09:14 PM)
ya i agree most sunway student will continue their papers in sunway only,i always wonder why some ppl have so many question to ask..haha..i guess only smart ppl will ask more question,correct me if i am wrong.. tongue.gif
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Emm not exaclty true since i have saw quite a large number opt out of certain classes like audit, finance, performance management......etc.
I think its easy to stick to one college for convenience purpose (who wouldn't ?) but not everything is perfect you see tongue.gif .
Normally i ask because i want to know more (practical experience...).
The only lecturer which eludes me is Haneef at Mco, he can really blast of the details to a whole new level. He can spent entire day on just 2 page of notes. At the end i cannot find anything more to ask, he always give 200%
Topace111
post Jan 15 2009, 05:48 PM

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QUOTE(ilovebunnies @ Jan 15 2009, 05:06 PM)
Topace111, may i ask, how about chin ann P6?? any comment??  hmm.gif

and Carlosandy, is chong kwai fatt teaching this sitting?? rclxub.gif
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Since i have just attended a few class, i can only comment till the point i think its fairly correct (inherent limitation)

Cant say that chin ann is perfect since he had 2 flaws to me (i think) :
- He doesn't start with zero based knowledge (he assumed you have fairly steady grasp on F6) so he will just run through the revision part very quickly. Its ok in others opinion (since it won't be tested so much & its less vital). But to me its a bit fast tongue.gif
- He can teach better than many lecturers but seems to have bit difficulties when comes to practical examples (he is not that old ..... compared to the likes of alan & siva & maybe CKF).

But he do have his own merits :
Can explain very difficult stuff & translate them into student language (this is what the other 2 veteran lecturer in KL failed to do effectively).
This is the main reason i study under him for P6 in the beginning.


Added on January 15, 2009, 5:59 pm
QUOTE(Raymond_ACCA @ Jan 15 2009, 03:55 PM)
I think P3 dont really need to rely on notes, just do questions, and reading up on weak areas biggrin.gif. Marcus have a good way of approaching questions.

P4, as far as I heard from seniors, unless ur a smart student, preferably take tuition outside, maybe with Daniel Ho from FTMS.
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P4 is deemed the most difficult subject out there (facts from acca passing rate, prize mark + student feedback + lecturer's opinion) which is why many lecturers supposed to teach F9 carry on to P5 instead of P4 (its not easy to teach).

This is how normally daniel teach : (i feel awkward since that name seems childish compared to his ancient appearance) hmm.gif
1) He will start very slowly by giving examples so easy that even school kids can understand (he is very patient & not rushing)
2) He will established the key rules first & explain each in detail
3) He will do the question "with" the student together "not doing it alone" and let student jolt down later.
4) he will normally do 2 different sets of question with 2 different principle : Ie : buy futures & sell futures. (built thorough understanding)

I think why your seniors recommended people to go there bcos :
He is very patient & can tolerate many questions being asked "without scolding back" and i asked several "approachable" lecturer most claims he is the most veteran finance lecturer around.

This post has been edited by Topace111: Jan 15 2009, 05:59 PM
Topace111
post Jan 15 2009, 10:39 PM

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Oh normally before i do something i will "research" heavily which includes surveying many people around & from my own past experience.
Maybe there are better lecturers out there but his style suited me (the benefits has covered the flaws).

In tax i don't think anyone will teach Uk stream since i cannot imagine why somebody in malaysia teaching UK stuff.
In P2 reporting variant will be different since variance has only very few minor adjustments compard to others perhaps only 0.1% compared to stream (tax & law) which may go upt to 50% different syllabus. For P2 it is more beneficial to stick with International variant since malaysia will adopt full compliance with IFRS in 2011 or 2012 ? (i forget already).
If you are planning to migrate overseas (tax should not be your optional choice)
Topace111
post Jan 16 2009, 10:40 AM

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QUOTE(ilovebunnies @ Jan 16 2009, 01:28 AM)
ya, about tax, but the main thing is as long as i can complete the whole acca, then done already right? who cares what paper i take is it? is this mentality wrong? if i wana migrate overseas in the future, also restricted from taking audit and assurance as well? bah, then left only p4 and p5 for me? i hate performance management  vmad.gif

yap kok wah from kolej bandar, he advise the int variant student change to malaysia variant coz easier to teach, there are some changes now, and not much examples to refer to, for p2  blink.gif
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1) Finish acca
Yeah it doesn't matter which paper you take as company doesn't really care which paper you choose (must be fair to those who choose wrongly) but in big 4 or other big firms they specialise in (Tax and assurance / audit). However if you really want the most useful paper which any acca graduate must endure later in their life is finance (cannot escape : shares, biz value, forex.....).
But the option paper can gives you a lot of new stuff or knowledge which you can carry forward to your work in future, then again it depends whether you want to learn or just pass only. I have been advised by some people (including lecturers) this is what new stuff you can learn in optional papers :
P4 : a lot of new stuff (which you are going to use later in your career)

P5 : very few since P3 has covered some & very similar to its precedent F5 (provided you are presented with management stuff : mgmt a/c)

P6 : a lot of new stuff (it has become P2 already = more theorethetical based & need to have strong grasp on fundamental level)
you cannot escape from tax (just believe me on this)

P7 : I am not really sure since this paper has become very application based so you won't learn much (thats why nobody teach). However if you have one you may gain upper hand if you "WISH" to enter into assurance line for long term (very few did most for short term). But if you enter
big 4 before reaching optional level you will be needed to follow your division line (if assurance must take audit as option)

2) P2 variant
Normally lecturer adjust to suit students convenience or favourable to students advantage not the other way around. Whatever variant you choose you will only end up "marked by an UK marker" so if you choose FRS instead of IAS he may be a bit bias and uneasy. Actually it does not matter very much (very very few difference in syllabus). Like you said if you want to be globally based be international lo.

I wonder why everyone is desperate to leave malaysia sad.gif
Topace111
post Jan 16 2009, 10:52 PM

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QUOTE(karhoe @ Jan 16 2009, 09:43 PM)
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

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
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I have known very few Icaew scholars since :
- acca is more than enough to start your career (anyone must start as low position staff then progress upward)
- the boss will know your ability after few years experience & s(he) may decide whether you should be given the extra training
- very few malaysians take up ICAEW since its course was meant more for european companies not asians (acca is more global orientated)
- if you must you need to study at Uk (most pickup this programme while taking degree overseas)
- I heard they required student possessed a high level of efficiency in english (not malaysian level but uk level)
- The syllabus content is way way much more difficult than your acca now

I heard the pass rate is quite high = because the requirement is so stringent (like doctors).
I have approached a lecturer who has researched a bit about ICAEW and conclude (just early indicator which is not truly absolute)
- you need to reach at least first class for OBU (if not you will find it very difficult in ICAEW)
- if you < 25 your level of experience is quite inadequate for this level (its very applicational based)
- good commannd in english (if you can write & speak like a caucasian it should be fine)

I strongly recommend you to take it if you have the capacity & capability to take it.
However you should complete your acca first (at least finish the fundamental levels first) , i assume you are still waiting for your cat results right ?
It is not that easy when coming to part 2 not to mentioned part 3. Asking you to take it right now could be like asking a PMR student to take up SPTM

I have encountered my fair share of graduates from oversea in professional papers working with Big 4 part time. It is totally "NOT RECOMMENDED TO STUDY WHILE WORKING" as majority if not all of them are taking one paper per sitting. Its very hard to study & learning together.

This post has been edited by Topace111: Jan 16 2009, 10:59 PM
Topace111
post Jan 17 2009, 10:39 AM

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QUOTE(Raymond_ACCA @ Jan 17 2009, 02:33 AM)
I know a few friends who got offered, but chose to decline. I gave this advise to them, enjoy your 2 years in ACCA, then start working. At least U still have some college memories, no matter how dull is it.

Sure, ull get a headstart in terms of working experience. But 5-10 years down the road, more or less it will be the same. Just do a cost vs benefit analysis:)

If want to work as early as possible, start working after getting OBU,join the big3 firm, while taking 2 final optionals part time. I think that is the best way to balance working desire and studies.

Anyway, goodluck on making the right decision! If you really really can handle it, Id say, go for it!! Some workaholics might take this offer without 2nd thoughts. biggrin.gif
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Yeah i also don't want to throw down my life down the toilet just like that, thats assuming :
- pass all ICAEW papers in that 5 years (the very best case scenario)
- work till death / stress to death : thats is why nobody like to become an accountant

By the way i was kinda curious "Big 3" is there another firm was throw out of the equation ? tongue.gif
I have been approached about a future carrer oppurnities at accenture, is it a good firm ?
By the way when is acca career day ?
Topace111
post Jan 17 2009, 03:49 PM

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This programme is very one sided to me.
Work like hell for pennies = a nice way to say for slave labour
Qualification = its like a scholarship (which tied you with the company), if you are very talented you are typically gone case already tongue.gif

I think its better to finish ACCA with OBU or CIMA (acca allows maximum exemption which required only 4 top cima papers)
The final 4 paper is quite similar to audit, finance & P3 stuff with last paper on performance management. I think even most top lecturers possessed double qualification in acca & cima. Anyway have to wait for results first smile.gif anything can happen sad.gif


This post has been edited by Topace111: Jan 17 2009, 03:52 PM
Topace111
post Jan 21 2009, 04:31 PM

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QUOTE(wfeng @ Jan 21 2009, 03:12 PM)
do u know the qualification to study CAT ? as long as a spm cert.?
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You can even attempt CAT before SPM.
Topace111
post Jan 21 2009, 11:08 PM

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QUOTE(Irresistible @ Jan 21 2009, 10:09 PM)
Who is the best lecturer in KL for Paper P1 ?
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P1 is a new syllabus introduced to coincide with CIMA & reinforce the "low ethics" among cunning accountants.
Since its one of the most general paper there are overabundance of P1 lecturers in KL.
Since there is only few seatings, its very unfair to judge who is the best P1 lecturer but i can try to list down :

Audit based lecturer = Phillip woo, sheila john & chin ann
IT based = Parmindar, joey wong
Law based = viknes

Well IT & Law applies very little in P1 so it depends on your preference.
However there are syllabus regarding more on internal audit & internal control stuff so if i were you i will choose P1 lecturer who have audit background.

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