Hmm.. which one is right now? I'm perplexed.

deloitte internationally is still 4 times the size of BDO. only m'sia, they dispute this. Even then, BDO's tax department is paltry compared to deloitte.

CBE T1 t2 exam in march, april-june to t3-t5. july-december t6-t9. there u go.

Honestly though, I actually think the english class is good, if done right. Come on, honestly, how many ACCA students can write business english? Some can barely even speak the language and you're asking them to involve themselves in discursive ideas? Might as well ask a mute person to sing. (what more those who even have a problem making a proper sentence)

This post has been edited by ThanatosSwiftfire: Jan 22 2009, 08:31 AM

Hmm.. Strange. When sunway was still decent, there's no one to support them. Now that things are getting worse, out comes to supporters. Hmm~ Funny.

Summary of Sunway when I was there, lol.

CAT was easy when I did it because I enjoyed most spending time with my lecturers and classmates, and there's a certain drive when you have a sense of camaraderie with your classmates, who all want to pass together.

2.1-2.4, F7-F9 was alright when I did it, because I had friends who always studied and their good results spurred the kiasu-ness in me to keep up, and for places where I excelled, my unofficial tutoring hopefully helped them to pass too. Having discussions on papers such as FR, FM and Tax I find is very effective, assuming each of you know something to begin with.

P1-P7 was tough because that was when the group was split apart, thus the group study thing no longer relevant, and generally you'll be spending classes with company you don't necessarily enjoy. (the papers were madly tough too, but if you have half the drive to pass the muggers in ACCA have, and half the intellectual brilliance of laidback geniuses, then you'll probably do just fine )

Hehe. Not entirely relevant, but I think having a group of friends who go through the whole process of studying is quite important.. regardless of which college u were from, or part timer etc.

So I personally feel this is where the 'self-study' people has a slight disadvantage... which is the option to refer to someone who knows more, and yet doesn't feels as imposing or daunting as asking the lecturer.

er... har? i heard of deferred revenue, and deferred expenses, but not together, lol.

no. Credit card company generally has a larger spread for forex transactions, therefore the actual rate you will be paying, will probably be around RM5.09+20-50cents, depending on ur credit card.

enjoy ur big smack in the face when u hit p1-p3 (most who did degree and went straight for p-lvl papers face this)

This post has been edited by ThanatosSwiftfire: Feb 5 2009, 08:04 AM

Trust me, managing people, clients and deadlines isn't always an enjoyable thing.

When I went for interview for big 4, I'm always requested to provide my results transcript from CAT up to my ACCA final papers. So honestly, yeah.. They do know, but I'm not sure whether how much it is factored into the assessment of the candidate for the position applied for.

However, I do know for a fact that the marks and papers taken, likewise for all other professional qualifications, the firm may decide which is your proficiency and thus allocate you accordingly. Staff with background is P4 is better positioned to join financial services (either GFS in EY or FR in PwC), but again this too depends on your interview.

BUT, the main factor is more often, luck. We honestly don't have much say in what sort of industry we are allocated, although like PwC or EY, we are allowed to pick 3/5 or 2/4. Hahaha.

Not sure how that helps but it's good to know.

In case 1 and 2, the full actual entry is this.

S's books
Dr S' retained earnings. (a loss when an asset that belongs to u no longer belongs to u)
Cr Investment in T

P's book
Dr Investment in T
Cr P's retained earnings (a profit when you are given an asset)

Undoubtedly it would make the company look terrible on a subsidiary level. BUT, for hte parent, it would be an income received from subsidiary, so in a full staturoy accounts disclosure for P,

P company retained earnings will look very strong. (remember, there's the individual level presentation and group level presentation for group P)



An Alternative transaction would actually be to go through inter-company balances.

S's books
Dr Inter-Company with P (amount owed by P to S is now higher)
Cr Investment in T

P's books
Dr Investment in T
Cr Intercompany with S (P now owes S more)

And subsequently, this balances are then charged against profit and loss, because P isn't going to pay S, and S isn't going to receive from P, therefore in S's books, he would then,

Dr P&L, Cr Interco-P because that amount is not likely to be received.

---

Again, at group level, this makes no difference. Only makes a difference when NCI comes into play, and even then, really depends on how the transaction is carried out.

actually.. no. but u'd be damned if u don't put out lots of effort. i took p1,p2,p4,p7 in one sitting, and passed all, and i knew a few others who did as well, but effort is a must. don't go in half-arsed and still expect to pass all 4

hahahaha, ouch.. menon must be stressing out hahaha

ahahahaha... cool. good to hear.

Ah.. the 2 extremities. LOL... I think we both had enough of that argument already lol.

i think we had enough of this argument already.. seriously. let the person who will take the subject themselves beware, aka caveat emptor. Forget about it, and just focus on studies.

arguing about this ain't gonna help any of us pass either, nor does it mean anyone earn some money from KSA or McO or whatever or sunway...

This post has been edited by ThanatosSwiftfire: Feb 22 2009, 10:42 AM

Hmm, I also heard about the CKF guy leaving sunway. Really bad practice and ethics by Sunway on this.

No. (at least for big 4) Ultimately what sells is ur attitude and perception, and thus even if u're a degree with some relevance in accounts, it's still quite desirable to the big 4. However, for commercial, acca definitely puts ur foot on the door, but getting through is again more on whether you have good personality and interview skills

looks like alot of high achievers here..