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 ACCA (V4), Accountants

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shlee
post Oct 20 2008, 06:07 PM

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Anyone here already got the certificate for stage 2? When i will get it?
shadowsun
post Oct 20 2008, 09:04 PM

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QUOTE(MickyMouse @ Oct 18 2008, 11:52 PM)
is anyone here done their application form for ACCA Affiliate Cert via ONLINE?

I encountered an error in the midst of the application.. somewhere in the employment history section.. perhaps there is bugs or problem in their online application??

just curios to know is anyone here successfully completed their application via online?

thanks~
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i've just applied for it via online a few days ago... havent receive it though... not so soon, i think...

btw, did you receive the application forms via postage? if we have applied online, need not send again via postage right?
seline
post Oct 20 2008, 09:44 PM

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is there anyone work in big four firm?
can i ask a question here. If we passed with ACCA, will the company still look at the degree certificate for our job application?
TSThanatosSwiftfire
post Oct 20 2008, 10:00 PM

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yes, they do. they all do.
Topace111
post Oct 20 2008, 10:55 PM

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The degree cert is not to be misunderstood with OBU. Yes OBU still a degree but it is the "substance" degree that they really wanted (presentation skills, project management, team-working....etc).
keith_hjinhoh
post Oct 21 2008, 12:07 AM

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QUOTE(Topace111 @ Oct 20 2008, 10:55 PM)
The degree cert is not to be misunderstood with OBU. Yes OBU still a degree but it is the "substance" degree that they really wanted (presentation skills, project management, team-working....etc).
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Those skills they will judge them during the interview session..

Even a degree holder may not have the relevent skills too tongue.gif (Free Rider)
carlosandy
post Oct 21 2008, 09:01 AM

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QUOTE(seline @ Oct 20 2008, 09:44 PM)
is there anyone work in big four firm?
can i ask a question  here.  If we passed with ACCA, will the company still look at the degree certificate for our job application?
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Do you means OBU or other accounting Degree?

ACCA's standard alraedy higher than Degree. Imagine if you are boss, do you still will look at degree if the candidates already got ACCA?

So far from my working experience, OBU won't help you too much for earning higher salary if you already grad ACCA. rclxms.gif rclxms.gif
keith_hjinhoh
post Oct 21 2008, 11:34 AM

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QUOTE(carlosandy @ Oct 21 2008, 09:01 AM)
Do you means OBU or other accounting Degree?

ACCA's standard alraedy higher than Degree. Imagine if you are boss, do you still will look at degree if the candidates already got ACCA?

So far from my working experience, OBU won't help you too much for earning higher salary if you already grad ACCA. rclxms.gif  rclxms.gif
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Without a Degree, it's quite hard to jump up in commercial carrer path. If you see all the committees, EDs, NEDs, all their qualification comes with a degree even he's ACCA graduates. Unless he, himself is the founder.
Topace111
post Oct 21 2008, 11:53 AM

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What makes ACCA different / superior than degree bcos its an 100% exam based. The rule is simple but the principle is not.
You pass means you have cleared the paper & you are free to progress. Sound easy enough but if you are stuck .............
Another thing is that the exam itself is a final exam (written based) so we are only tested on that area.
You may be lucky in that exam (spotted question) or you are an overall student. Actually no one knows for sure unless you work.

Degree holders although are not tested much in depth but they are tested in overall (oral, presentation, project, thesis, exam,....etc).
Maybe that's why some employer prefer degree although deep down they knew ACCA is superior.

Maybe you can classifiy it that way :
ACCA : We must know everything about something. (Ie : 100% out of 5 area)
Degree : We must know something about everything. (Ie : 50% out of 10 area)
carlosandy
post Oct 21 2008, 12:01 PM

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QUOTE(keith_hjinhoh @ Oct 21 2008, 11:34 AM)
Without a Degree, it's quite hard to jump up in commercial carrer path. If you see all the committees, EDs, NEDs, all their qualification comes with a degree even he's ACCA graduates. Unless he, himself is the founder.
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You make a BIG mistake. Ya, you are correct, the ppl you said is come from Degree and ACCA also. But do you know both of them was take degree 1st b4 go for ACCA? The reason they take ACCA was they understand that, today degree qualification is not enough if want to jump up in commercial carrer path.

I got a lot of accounting degree friend. During they work in audit firm, they also go to part time study ACCA. Cos they understand that Degree is only a "short cut" for them, if want to go for further, better go for ACCA, CPA or other professional qualification.

In conclusion, ACCA value always higher than Degree. As Kwai Fatt also said, why yours want to spend so much money and time to do OBU since you are already in final paper of ACCA? OBU value is lower than ACCA, it is more suitable for those student where they want to stop study ACCA prof level for temporary period.

Even Chan Tze Kang also say OBU can't help you go for further if you already got ACCA.

And I need to tell you also, please don't think if you got degree, then you can "jump up in commercial carrer path". After you graduate ACCA, when you come to work in commercial............sorry lo sir, they will more interest to know your working experience and what are you can contribute to company, but not ACCA with or without Degree. Working Experience is more important if want to "jump up in commercial carrer path".

This post has been edited by carlosandy: Oct 21 2008, 12:05 PM
seline
post Oct 21 2008, 12:33 PM

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oo..i mean accounting degree..thanks for u guys advice
keith_hjinhoh
post Oct 21 2008, 12:51 PM

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QUOTE(carlosandy @ Oct 21 2008, 12:01 PM)
You make a BIG mistake. Ya, you are correct, the ppl you said is come from Degree and ACCA also. But do you know both of them was take degree 1st b4 go for ACCA? The reason they take ACCA was they understand that, today degree qualification is not enough if want to jump up in commercial carrer path.

I got a lot of accounting degree friend. During they work in audit firm, they also go to part time study ACCA. Cos they understand that Degree is only a "short cut" for them, if want to go for further, better go for ACCA, CPA or other professional qualification.

In conclusion, ACCA value always higher than Degree. As Kwai Fatt also said, why yours want to spend so much money and time to do OBU since you are already in final paper of ACCA? OBU value is lower than ACCA, it is more suitable for those student where they want to stop study ACCA prof level for temporary period. 

Even Chan Tze Kang also say OBU can't help you go for further if you already got ACCA.

And I need to tell you also, please don't think if you got degree, then you can "jump up in commercial carrer path". After you graduate ACCA, when you come to work in commercial............sorry lo sir, they will more interest to know your working experience and what are you can contribute to company, but not ACCA with or without Degree. Working Experience is more important if want to "jump up in commercial carrer path".
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But without the relevant degree or any professional qualifications, you will not be ask for interview in the first place.

You're already disqualified during the first phase of HR selections.

Some companies post required a degree as requirement, and that's why I say just having ACCA might not be sufficient. It's always the safest bet to have both.


Added on October 21, 2008, 12:52 pm
QUOTE(Topace111 @ Oct 21 2008, 11:53 AM)
What makes ACCA different / superior than degree bcos its an 100% exam based. The rule is simple but the principle is not.
You pass means you have cleared the paper & you are free to progress. Sound easy enough but if you are stuck .............
Another thing is that the exam itself is a final exam (written based) so we are only tested on that area.
You may be lucky in that exam (spotted question) or you are an overall student. Actually no one knows for sure unless you work.

Degree holders although are not tested much in depth but they are tested in overall (oral, presentation, project, thesis, exam,....etc).
Maybe that's why some employer prefer degree although deep down they knew ACCA is superior.

Maybe you can classifiy it that way :
ACCA : We must know everything about something. (Ie : 100% out of 5 area)
Degree : We must know something about everything. (Ie : 50% out of 10 area)
*
A degree holder and ACCA holder makes up the best of both world? tongue.gif

This post has been edited by keith_hjinhoh: Oct 21 2008, 12:52 PM
carlosandy
post Oct 21 2008, 01:26 PM

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QUOTE(keith_hjinhoh @ Oct 21 2008, 12:51 PM)
But without the relevant degree or any professional qualifications, you will not be ask for interview in the first place.

You're already disqualified during the first phase of HR selections.

Some companies post required a degree as requirement, and that's why I say just having ACCA might not be sufficient. It's always the safest bet to have both.


Added on October 21, 2008, 12:52 pm
A degree holder and ACCA holder makes up the best of both world? tongue.gif
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If you try to talk this thing infront Kwai Fatt, you sure will kena snap.

I don't know about your co, but I working in a lot of MNC and Public Listed Co, majority of them required candidates (for Accountant and above position) hold a Accounting Degree OR Professional Qualification such as ACCA/CIMA/CPA with more than 5 years working experience, but not as you said "post required a degree as requirement".

Man, if you have ACCA with enough working experience, I don't see any difficult to get higher position in future. No body interest for your OBU or others degree.

ACCA value always higher than Degree, OBU just add qualification.

This post has been edited by carlosandy: Oct 21 2008, 01:32 PM
keith_hjinhoh
post Oct 21 2008, 01:55 PM

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QUOTE(carlosandy @ Oct 21 2008, 01:26 PM)
If you try to talk this thing infront Kwai Fatt, you sure will kena snap.

I don't know about your co, but I working in a lot of MNC and Public Listed Co, majority of them required candidates (for Accountant and above position) hold a Accounting Degree OR Professional Qualification such as ACCA/CIMA/CPA with more than 5 years working experience, but not as you said "post required a degree as requirement".

Man, if you have ACCA with enough working experience, I don't see any difficult to get higher position in future. No body interest for your OBU or others degree.

ACCA value always higher than Degree, OBU just add qualification.
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I know about working experience, no need to bold about that.

What i'm merely saying without a degree qualifications, company may or may not select you for their interview in the first place.

Then you won't even have the chance to prove your working experience and so on.

I'm not in doubt about ACCA/Degree value, both are just the passport to the labour market.

If you really need an examples, a typical corporate banking/finance executives would requires a strong honour degree. If you wants to take your MBA, you need degree.

QUOTE
Manager/Asst Manager – Corporate Planning & Business Development
Requirements:

    * Possess a Degree in Engineering with a MBA (required). Only candidates with MBA needs to apply.

QUOTE
Corporate Banking/Finance Executive
* Boutique financial specialist outfit servicing Malaysian PLCs in the areas of Corporate Finance / Banking, Debt Restructuring and Strategy invites candidates (below 32 years old) with strong honours degree (2nd class or better) in Accounting / Banking related disciplines to join our team.


QUOTE
Corporate Account Representative
Requirement: Bachelor's Degree or Master's  Degree in Business Administration (MBA) or relevant experience


Both have pros and cons I would say. Not that ACCA is holy saint, and it's everything.

Perhaps all of us have been overhype by ACCA marketing that it's everything icon_rolleyes.gif

This post has been edited by keith_hjinhoh: Oct 21 2008, 02:04 PM
carlosandy
post Oct 21 2008, 02:10 PM

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QUOTE(keith_hjinhoh @ Oct 21 2008, 01:55 PM)
I know about working experience, no need to bold about that.

What i'm merely saying without a degree qualifications, company may or may not select you for their interview in the first place.

Then you won't even have the chance to prove your working experience and so on.

I'm not in doubt about ACCA/Degree value, both are just the passport to the labour market.

If you really need an examples, a typical corporate banking/finance executives would requires a strong honour degree. If you wants to take your MBA, you need degree.

Both have pros and cons I would say. Not that ACCA is holy saint, and it's everything.
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Who told you only Degree holder can study MBA? I told you that ACCA holder can straight away take MBA, cos ACCA qualification is in between Degree and MBA.
I got 2 friend only got ACCA but oso can study ACCA, she even can exempt for 2 module. If you don't believe me, go to check with your lecturer.

You want really example, please see position below:-

1) AXA AFFIN Life Insurance Berhad
..........Finance Executive
(Kuala Lumpur)


Responsibilities:


The incumbent will be responsible for providing excellent financial and accounting support services to both internal and external customers. He/She is required to prepare investment entries/general ledgers, balance sheet, income statement and monthly reconciliation of management expenses. In addition, he/she will assist in the preparation of audit schedules and perform any other duties as assigned.
Requirements:

Minimum 2 year’s relevant experience, preferably in the insurance industry
Diploma in Accounting or finalist in professional qualifications such as ACCA or CIMA
..............................................

2) Genting International Services Sdn Bhd


Genting Group is Malaysia’s leading corporation and one of Asia’s best managed multinationals. The Group has grown to be a key player in the business activities of hotels and resorts, plantations, properties, power generation, oil & gas, electronic commerce and information technology development.

We invite dynamic and self-motivated individuals to join our team in the following positions :-


.......ACCOUNTS EXECUTIVE
(Kuala Lumpur)

Responsibilities:


The incumbent will assist on the preparation of quarterly and yearly financial reports including ad hoc projects.

Requirements:


A recognised accounting degree or part professional accounting qualification in ACCA / CIMA / CPA or equivalent At least 1 year’s relevant working experience
Good knowledge of FRS and compliance requirements
Proficient in MS Word and MS Excel
Knowledge of SAP will be an added advantage
Applicants should be Malaysian citizens or hold relevant residence status.

.............................

3) Felda Holdings Bhd Group is a major player in land and agricultural plantation development especially in the palm oil and rubber industries and the respective support services. Our corporate mission is to be a major contributor to the nation's palm oil and rubber industries, mainly in the plantation, manufacturing and their downstream activities. The Group strives to be a leader in the respective industries through good corporate governance and progressive management skills incorporating the latest technologies, so as to provide shareholders with a higher return.

In line with our business expansion, we would like to invite qualified and dynamic Malaysians to fill the position of:


Cost Executive
(Kuala Lumpur)

Responsibilities:


Responsible for preparing budgets and costing reports of various products.
Monitor the profitability of the products and perform variance analysis.
Perform internal control audits of all financial related processes of all units within the organization.

Requirements:


Possess professional accounting qualification.
Member of MIA.
Possess at least 3 years related working experience preferably auditing and costing.
Good team player with good interpersonal, analytical and problem solving skills.
Knowledge of SAP system will be an advantage.
Willing to travel within Malaysia.
Excellent oral and written skills in English & Bahasa Malaysia

__________________________________________________________________

Man, once you completed ACCA Part 2, your level same as Degree Holder already. And once you are grad ACCA, your level already higher than Degree, You can straight away study MBA, why want to waste time to get accounting degree?

This post has been edited by carlosandy: Oct 21 2008, 02:17 PM
keith_hjinhoh
post Oct 21 2008, 02:21 PM

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QUOTE(carlosandy @ Oct 21 2008, 02:10 PM)
Who told you only Degree holder can study MBA? I told you that ACCA holder can straight away take MBA, cos ACCA qualification is in between Degree and MBA.
I got 2 friend only got ACCA but oso can study ACCA, she even can exempt for 2 module. If you don't believe me, go to check with your lecturer.

Man, once you completed ACCA Part 2, your level same as Degree Holder already. And once you are grad ACCA, your level already higher than Degree, You can straight away study MBA, why want to waste time to get accounting degree?
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Is it? I'm sorry for my ignorance then tongue.gif
carlosandy
post Oct 21 2008, 02:23 PM

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QUOTE(keith_hjinhoh @ Oct 21 2008, 02:21 PM)
Is it? I'm sorry for my ignorance then  tongue.gif
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Is ok la, just a discussion.

You also have your point. But for me, if already got ACCA, Degree just additional cert.
keith_hjinhoh
post Oct 21 2008, 02:25 PM

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QUOTE(carlosandy @ Oct 21 2008, 02:23 PM)
Is ok la, just a discussion.

You also have your point. But for me, if already got ACCA, Degree just additional cert.
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Anyway, you sure we can study MBA at all the uni once our ACCA completes?
carlosandy
post Oct 21 2008, 02:30 PM

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QUOTE(keith_hjinhoh @ Oct 21 2008, 02:25 PM)
Anyway, you sure we can study MBA at all the uni once our ACCA completes?
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Why not? Unless that Uni don't recognised ACCA (then is consider stupid uni)

My friend already grad MBA and she is a ACCA Holder + MBA without Degree.

So once your completed ACCA, not just MBA but oso can go for CFA.

This post has been edited by carlosandy: Oct 21 2008, 02:37 PM
Rvelos
post Oct 22 2008, 02:26 PM

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QUOTE(carlosandy @ Oct 21 2008, 01:26 PM)
If you try to talk this thing infront Kwai Fatt, you sure will kena snap.

I don't know about your co, but I working in a lot of MNC and Public Listed Co, majority of them required candidates (for Accountant and above position) hold a Accounting Degree OR Professional Qualification such as ACCA/CIMA/CPA with more than 5 years working experience, but not as you said "post required a degree as requirement".

Man, if you have ACCA with enough working experience, I don't see any difficult to get higher position in future. No body interest for your OBU or others degree.

ACCA value always higher than Degree, OBU just add qualification.
*
It's very interesting that people are debating over whether OBU is useful or not when one has ACCA.

Well, this is what I heard, New Zealand does not give points for ACCA if you want to apply for PR. Surprisingly, they award points for OBU.. Strange? That's the fact!

So, why not have OBU with you. After all, you may need it one day.. It is still valuable!

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