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 ACCA (V4), Accountants

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ilovecookies92
post Aug 10 2008, 12:32 AM

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May I ask, in ACCA syllabus, there are such thing called as taxation. I am only a PA (Prinsip Akaun) student. What taxation means? And what we have to do with it?
kuntaker
post Aug 10 2008, 08:04 AM

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taxation is how to calculate how much tax u nid pay lo...and understanding of tax..

Topace111
post Aug 10 2008, 12:28 PM

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QUOTE(edith @ Aug 10 2008, 12:28 AM)
hi everyone, can someone tell me P4,5 and 6.which two are easier to pass?thank you
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None is is easy to pass actually. P5 is getting tougher & tougher. P4 is "blood-sucking". P6 must memorise a lot & has the lowest pass rate previous
sitting. It depends on your skills & competency
P5 : If you can reason & argue well you can pass (a lot of overlapping areas with P3)
P4 : Deemed the toughest (lots of formulaes & models) balanced in calculation & theory. No straight answer.
P6 : Must memorise tons of section to apply effectively in exam. (in detail not just key pointers). If foundation of tax not good very hard to grasp P6.

shanelai
post Aug 10 2008, 01:34 PM

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when the result release? anyone know?
keith_hjinhoh
post Aug 10 2008, 01:55 PM

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QUOTE(shanelai @ Aug 10 2008, 01:34 PM)
when the result release? anyone know?
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18 Aug if not mistaken
kelvinlee1983
post Aug 10 2008, 01:57 PM

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QUOTE(keith_hjinhoh @ Aug 10 2008, 01:55 PM)
18 Aug if not mistaken
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yes, is 18th august.


Added on August 10, 2008, 1:58 pm
QUOTE(Topace111 @ Aug 10 2008, 12:28 PM)
None is is easy to pass actually. P5 is getting tougher & tougher. P4 is "blood-sucking". P6 must memorise a lot & has the lowest pass rate previous
sitting. It depends on your skills & competency
P5 : If you can reason & argue well you can pass (a lot of overlapping areas with P3)
P4 : Deemed the toughest (lots of formulaes & models) balanced in calculation & theory. No straight answer.
P6 : Must memorise tons of section to apply effectively in exam. (in detail not just key pointers). If foundation of tax not good very hard to grasp P6.
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It is depend on your interest also.


This post has been edited by kelvinlee1983: Aug 10 2008, 01:58 PM
pristina
post Aug 10 2008, 03:21 PM

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QUOTE(kelvinlee1983 @ Aug 10 2008, 01:57 PM)
yes, is 18th august.
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the most scary date in this month sweat.gif
kelvinlee1983
post Aug 10 2008, 03:45 PM

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QUOTE(pristina @ Aug 10 2008, 03:21 PM)
the most scary date in this month  sweat.gif
*
still left around 8 days.
Good luck! cool2.gif
stephanie0721
post Aug 10 2008, 09:33 PM

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umm..i would like to ask..is working experience a necessity to pass acca?
coz my lecturer suggested me to work and gain some experience after completing the first 6 papers in acca ..
but my dad insists that i should complete 14 papers prior to stepping into the working field..
I too hav an intention to do what my dad said..

any advice?

thx =)

Topace111
post Aug 11 2008, 12:09 AM

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QUOTE(stephanie0721 @ Aug 10 2008, 09:33 PM)
umm..i would like to ask..is working experience a necessity to pass acca?
coz my lecturer suggested me to work and gain some experience after completing the first 6 papers in acca ..
but my dad insists that i should complete 14 papers prior to stepping into the working field..
I too hav an intention to do what my dad said..

any advice?

thx =)
*
I don't think you really need to have working experience to pass ACCA papers from F1 to F9. However experience does help a bit in Professional
papers especially when they ask scenario based questions (you have exposure).

What your dad said has his own logic since it will be quite difficult to abandoned things halfway & then carry on after working. You may forget some
subject or part of ACCA syllabus in F papers which you will carry on for P papers (F7 to P2, F8 to P7, F9 to P4, F5 to P5, F6 to P6).
Plus all ACCA students required 3 years working experience (PER) to be certified as Chartered accountant. Most students "hope" to begin work
after they complete all their studies. Alas this is not ot be so since it is norm that some will eventually fail & realise its quite improbable to carry on.

From your lecturer's point of view it is quite "reasonable" but not effective. S(he) may argue that you can't possibly apply whatever you learn in
working if you just study without application (which i quite agree nod.gif ). However it was not that simple as per se. Now what happen if you learn
F6 tax then you work in a tax dept, employer ask you to perform some tax calculation but you noticed certain things that was not teached in F6 but in
P6, then you need to ask..........etc, it will create a lot of tediousness around. How about F7, it was pretty basic & can't apply that much in real-life until you study until P2. Although some student can cope & handle this well but most of them will reply it is not so easy.

I did have a friend that works in PWC while studying. He gets some sort of "scholarship' from PWC (PWC loves acca syudent & tries their best to retain them : bcos low pay but high productivity for the few early years). He gets to go home early for tuition (lecture), some of their staff conducts
tution class for part ACCA students. (that was a few years ago actually)

My advice is try to finish all ACCA papers first. If you "do" fail some of them OR feels frustrated by lack of progress. It was still not too late to work.
Trust me enjoy you student life while you still can before you really start working (especially as an auditor) cry.gif cry.gif cry.gif

watISacca???
post Aug 11 2008, 10:07 PM

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QUOTE(stephanie0721 @ Aug 10 2008, 09:33 PM)
umm..i would like to ask..is working experience a necessity to pass acca?
coz my lecturer suggested me to work and gain some experience after completing the first 6 papers in acca ..
but my dad insists that i should complete 14 papers prior to stepping into the working field..
I too hav an intention to do what my dad said..

any advice?

thx =)
*
If u hv d intention to complete ACCA 1st prior to stepping to the working world, then u sud b firm in your stand....
studying part time and working at d same time is not easy, as what i m doing now..
but it really helps you in your studies, because you can apply your knowledge..."ur knowledge became alive"..
but one thing do remember, i am already very exhausted after working hours, entering d lecture hall with puffy eyes...
there are pros and cons...

Do make your own decision...i assume you r now able to mk ur own decision...but do not regret for your decision....
do not feel tempted to do wat ppl sed is nice....it may not be d best for you....do wat wud suit you...


Added on August 11, 2008, 10:08 pm
QUOTE(pristina @ Aug 10 2008, 03:21 PM)
the most scary date in this month  sweat.gif
*
ngek ngek ngek..... vmad.gif vmad.gif vmad.gif vmad.gif
so fast....so long so fast so long so fast....

This post has been edited by watISacca???: Aug 11 2008, 10:08 PM
coolkid23
post Aug 13 2008, 12:29 AM

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Hi.. i am TARC AFA1 students.. i want to take external F7-F9 and waive my exemptions.... i have checked the OBU criteria, OBU degree can be applied if F7-F9 are done externally plus a thesis statement submitted. And, there is a FAQ in OBU official website saying that those who get exemption up to 9 papers but still want to apply for OBU degree, they have to waive their F7-F9 exemptions. Can i do that? I have submitted IR form and now i am ACCA students.... I have asked the college... ACCA Malaysia does not allow us to opt for OBU, need to appeal.. Have you all heard about waiving exemption case?
pristina
post Aug 14 2008, 10:24 PM

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4 days to go!!! sweat.gif a little bit stress cause of it..


and the F4 difficult indeed to absorb!
kelvinlee1983
post Aug 14 2008, 10:26 PM

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QUOTE(pristina @ Aug 14 2008, 10:24 PM)
4 days to go!!! sweat.gif a little bit stress cause of it..
and the F4 difficult indeed to absorb!
*
actually now still left around 3.5 days tongue.gif

rvp
post Aug 14 2008, 10:30 PM

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QUOTE(pristina @ Aug 14 2008, 10:24 PM)
4 days to go!!! sweat.gif a little bit stress cause of it..
and the F4 difficult indeed to absorb!
*
well, f4 is tougher than the old 2.2 since now every q is compulsory.

4 days 2 results.....gud luck guys.

This post has been edited by rvp: Aug 14 2008, 10:41 PM
Raymond_ACCA
post Aug 15 2008, 12:37 AM

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3days to results!! all the best guys
Topace111
post Aug 16 2008, 11:36 AM

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I have a general enquiry about the exam results
1) Which website is faster / slower when received by e-mail ?
2) When view online they said is 1600 GMT in Britain. So in Malaysia is +8 hours so figuratively speaking we can check online at 12.00 a.m that's
on early tuesday morning.
However in past trend (last sitting) we can already check online at 3.30p.m. Can anyone clarify on this issue ?
kelvinlee1983
post Aug 16 2008, 12:52 PM

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QUOTE(Topace111 @ Aug 16 2008, 11:36 AM)
I have a general enquiry about the exam results
1) Which website is faster / slower when received by e-mail ?
2) When view online they said is 1600 GMT in Britain. So in Malaysia is +8 hours so figuratively speaking we can check online at 12.00 a.m that's
    on early tuesday morning.
    However in past trend (last sitting) we can already check online at 3.30p.m. Can anyone clarify on this issue ?
*
normally we receive the result at monday afternoon , from 12pm-1pm .

most of my friends received it at 1pm
Topace111
post Aug 16 2008, 05:38 PM

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QUOTE(kelvinlee1983 @ Aug 16 2008, 12:52 PM)
normally we receive the result at monday afternoon , from 12pm-1pm .

most of my friends received it at 1pm
*
Ok good luck to everyone out there smile.gif
TSThanatosSwiftfire
post Aug 16 2008, 05:53 PM

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ah, the pre-exam result panic wahahhaha

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