I'm very sorry, I won't consider to apply PR in New Zealand.

I want to asking you question, do you know how many country don't give point to ACCA and OBU? Let said USA does not give point for ACCA and OBU also, but awards point for other Accounting Degree, then are you willing to waste money to get other Accounting Degree? In case, S'pore in future also not recognised ACCA and OBU, then you also go to spend more money and time to get other Accounting Degree? So how many degree you can get if still got other country don't recognise ACCA or OBU?

You already get something higher than Accounting Degree, why want to waste time and money? If want to do, why not go for something more higher qualification like MBA or CFA or may be try other type of degree like Computer Science or etc?

This post has been edited by carlosandy: Oct 22 2008, 04:11 PM

I won't have any objection if yours want to take OBU, but better concentrate in finish all the Professional Level paper first, cos this 5 papers are not easy as yours thinking. After pass all the 14 papers, then baru consider whether want to take OBU or not?

But for me, OBU is no add value. If want to take, I will more prefer take other type of Degree or MBA or CFA.

I won't have any objection if yours want to take OBU, but better concentrate to finish all the Professional Level paper first, cos this 5 papers are not easy as yours thinking. After pass all the 14 papers, then baru consider whether want to take OBU or not?

But for me, OBU is no add value. If want to take, I will more prefer take other type of Degree or MBA or CFA.

This post has been edited by carlosandy: Oct 22 2008, 04:17 PM

CARLOSANDY, THX FOR MAKING UR POINTS LOUD AND CLEAR...I REALLY APPRECIATE IT

This post has been edited by rvp: Oct 22 2008, 04:53 PM

I did stress on the past that OBU was not a really "add-value" program & i am quite pleased to note that some share my views while others have their own agenda. The best way to describe OBU is none other than use our own accounting terms. Yep its "substance over legal form".
Yes no one deny OBU is a degree but any sensible HR / employer will ask "HOW" you get this degree.
Its very misleading since :
1) You get it at a mere fraction of cost, few months of work only & very little recognition.
2) I have known a friend who "show-off" to his relatives with his OBU by stressing on the word "oxford" only but without the brookes (ha ha )

Big 4 normally don't recognise OBU that much compared to other degrees (Ie : accountancy & finance)
By the way do you really think having ACCA ALONE will get you a job, fat chance mate you need to ace the difficult interview first.
Speaking of job promotion (manager, director, consultant,...etc) you need a hell lot of of other knowledge, skills & maneuover to rise up.
These (backstabbing, polishing shoe.....) you will never learn it in any ACCA syllabus but practiced almost everyday in any organization you may see.

In Malaysia the most important thing you must know that you must need to "know people", relationship or guanxi. Judging by Hofstede work on culture, Malaysia has the most power distance , so "seniority" prevails over merit alone. (Reference on wikipedia if you are interested)

Apology again for being very realistic.

This post has been edited by Topace111: Oct 22 2008, 07:48 PM

Unfortunately, being a degree holder doesn't means you will have the skills and ability to rise up in the corporate ladder either...

We learn much more if we're exposed to the real business world.

Perhaps a degree holder is relatively easier to adapt to the real world. It's all up to the individuals actually.

BTW, I've seen a degree holder perform an interview that sucks

This post has been edited by keith_hjinhoh: Oct 22 2008, 09:22 PM

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---

Added on October 23, 2008, 2:29 pmDid anyone receive tax articles written by examiner?2 of them?

This post has been edited by coolly: Oct 23 2008, 02:29 PM

havent checked yet...y? r they likely 2 come out?

Hi guys how much is the revision vie e-irc class ? And how to pay if you dont have credit card ?

Thanks mate

i think is quite highly likely,if not he also wont write lo..

the payment details is in the link i post,i think is through bank in money,not credit crad,jus tell ur friend who interested..

Hihi.. Thanks as i have trouble downloading the file as try to download one word file for 30 minutes d. TT

ok , u can download it here...


 ACCA_e_IRC_wst.doc ( 31k ) Number of downloads: 36

My point is very simple / clear, you need to have "both" degree & acca if possible. I never meant degree is superior (otherwise i will pursue it first) nor having acca alone is enough. Both on its own doesn't meant much but having it together completes the other halve.
The ideal way is to study degree first to gain all those relevant experience & skills, once graduate one can apply for ACCA to better enhance their own respective knowledge & recognition. Although i advocate for acca holder first but passing all your papers doesn't mean you actually superior.

Not all acca holders are weak in their "presentation" & people skill which is very vital in job environment. However since ACCA exam was not conducted orally the examiner / marker won't know about the students actual performance or capability. Take the presidential campaign between kennedy & nixon years ago, although everybody though nixon won but through debate & oratory skills, kennedy won (even inexperienced)

Very few people start ACCA immediately right after their secondary exam overs & work after graduate (notwithstanding with failling). Even in my professonal level i can hardly find any friends which are similar age with me (all 2 or 3 years older).

Regarding interview process having acca or degree will not help you much if you don't have this "reaction skill". Those credible bosses will suddenly throw you a question once a while to test whether you are a memoriser or a reactor (or possibly an actor). Boss normally don't care about "what you know" but rather "how to apply what you know in my organisation" (and maybe whom you know, if you know some datuks or tengku your share premium will sky rocketed on the spot).

Hmm.... I agree that a degree complements ACCA and vice versa.

But if we view ACCA and Degree on standalone basis, they do meant something.

As you were argued, a degree holder 'may' not have sufficient knowledge, but a 'first class' degree from reputable college/university meant something. He/she may not need ACCA anymore. as he/she is strong in knowledge grasps, good interpersonal and communication skills.

And an ACCA holder with good interpersonal and communication skills, they may not need a degree afterall.

It's all drills down to individuals.

This post has been edited by keith_hjinhoh: Oct 24 2008, 12:37 AM

Its a very tough call & subjective decision to make like who is better :
1) A pakistani acca holder taking acca courses in england & pass.
2) An caucasian acca holder taking acca courses in asian malaysia & pass.
3) An african citizen (from rural areas) graduating from Harvard biz school.
4) A brilliant student (full marks in SAT) graduating from an average university in malaysia.

In ACCA there is no discrimanatory of any kind (merit prevails) so many people opt for acca for worldwide recognition except countries like
(USA : using sarbanes oxley while we use combined code), (Hong Kong which have HKICPA, they derecognise ACCA to promote their own qualification). I agree degree is more depending on where you held from (any Ivy leaguers will be welcomed)

I have 2 cousins from top universities in UK (not accountancy) claims that once the employer checks which university you held from, other issue like (exam marks) are no longer important. Prestige & reputation is more important in your employer eyes (mostly asian companies)

i cant wait for the exam tips this sitting ............ p3.........

This post has been edited by littlediana: Oct 24 2008, 10:36 AM

Because the value degree is subject to the degree of university management persistence in quality control, while ACCA gives employer a piece of mind due to the quality control of ACCA Board. Sort of quality assurance because Their control remain centralized in UK.

This post has been edited by keith_hjinhoh: Oct 24 2008, 12:10 PM

Well i heard some news at KSA today while attending parmindar class & i think i ought to share with you all :
1) KSA optional paper will enjoy 10% off at Jan 09 sitting onwards
2) If you fail any acca papers, when you resit for the paper that you have sat the sitting b4 it only cost 50% of original cost.
3) The director is really desperate to promote their new audit lecturer for revision "Ray Ng".

I'll try my best to jog the memory down of this previously unknown lecturer by Andrew :
- he is deemed to best the best audit lecturer in town
- he focused on exam techniques
- CFO of multinational earning 5 figures
- can summarised his audit note in 3 pages
- last sitting audit paper has 80% pass rate (roughly 40 out of 50 student)
- THis sitting the student got maximum cap of 60 (so far around 20)
- a very veteran lecturer.
- held in high esteem by other college lecturer
Andrew said if you have followed phillip, sheila, chin ann, fung chee kong but still failed, you should give him a try.

Obviously KSA is moving to penetrate the acca market share by attracting more student to their college (hence fees reduction). He did mentioned whether is this a good news, student remain silent for a while, after a few persuasion everybody claps as this was a good news.
I am the minority here & i felt it was a very "bad news" for me.
Why ? lower fees = more student = more crowded class = lack of focus = I will be demotivated to continue there. Nevermind just 2 papers left.

KSA optional paper will enjoy 10% off at Jan 09 sitting onwards. mayb they feel the no of students for da optional papers r not up to their desired numbers...

Well, the only good things about ACCA is that we're able to choose the college that we want

If you think that's bad, then move to the other college that you prefers.

Because the only way to lower fees = economies of scale or cut cost through reduce benefits (such as lightning, aircond and etc).

Else

You pay a premium

This post has been edited by keith_hjinhoh: Oct 24 2008, 11:37 PM