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 ACCA (V4), Accountants

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karhoe
post Aug 18 2008, 04:56 PM

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Anyone know of any 100 marks for CAT T3 or T4 ?
karhoe
post Aug 23 2008, 11:39 PM

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Nah, Malaysia will soon face shortage of accountants as MOST of our accountants are lured to other countries because of the higher pay, Singapore to begin with.

Even small audit firms from UK are coming to Malaysia to seek for fresh grads
karhoe
post Nov 4 2008, 11:12 PM

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Guys i'm currently studying CAT at sunway

My marks have been quite good in CAT, right now im preparing for CAT T6 T7 T8 T9 this coming December.

I do not know if I should take up 4 papers next Sem (F4 F5 F6 F9) or three papers (F4 F5 F6)

I believe I have quite good fundamental in CAT, I think I won't have a problem taking extra subject F9 next semester, but would you guys brief me a little about it?

I'm only more concerned about second and third semeseter where I would be taking (F7 F8 P1 P3) and the remaining three P papers in the last semester.

Any suggestion or comments anyone?
karhoe
post Nov 12 2008, 11:49 PM

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Guys, I plan to take 4 papers next semester and the subsequent 2 semesters.

Something like F4 F5 F6 F9 followed by F7 F8 P1 P3 and the remaining 3 papers at the last semester.

I am also aiming to get 69+ average for F4 to F9 to qualify for first class hons for the oxford brookes degree program, is it something impossible to be done?

Can anyone tell me more about P1 and P3, how to be able to score in those papers?

Thanks
karhoe
post Nov 13 2008, 06:58 PM

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QUOTE(Rvelos @ Nov 13 2008, 12:55 PM)
i can see you are self-motivated!! That's great!

I would suggest another combination for you

First sem: F4, F6, F7 and F8

Second sem: F5, F9 , P2, P3

Last sem: P1 and optionals

The logic is if you pass F8 in the first sem, then your confidence will be boosted.

F5 and F9 are more on your analytical and language skills. if can do P3 n P2 then these two are easy..

Please consider the actual exam timetable.. if they are divided into two weeks then is an advantage.

There is a girl who did this combination and get an avg of > 80 mks. of course, she is a brilliant girl.. But i guess you are very brilliant also. Good luck!!
*
My college only offer F4 F5 F6 F9 combination only


Added on November 13, 2008, 7:05 pm
QUOTE(Rvelos @ Nov 13 2008, 12:55 PM)
i can see you are self-motivated!! That's great!

I would suggest another combination for you

First sem: F4, F6, F7 and F8

Second sem: F5, F9 , P2, P3

Last sem: P1 and optionals

The logic is if you pass F8 in the first sem, then your confidence will be boosted.

F5 and F9 are more on your analytical and language skills. if can do P3 n P2 then these two are easy..

Please consider the actual exam timetable.. if they are divided into two weeks then is an advantage.

There is a girl who did this combination and get an avg of > 80 mks. of course, she is a brilliant girl.. But i guess you are very brilliant also. Good luck!!
*
I am only worried that the advanced level would involve alot of memory retention. So it seems like F4 is the most taxing paper as well as F7? To be able to memorize all the standards?

This post has been edited by karhoe: Nov 13 2008, 07:05 PM
karhoe
post Nov 14 2008, 07:49 PM

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QUOTE(Topace111 @ Nov 13 2008, 10:38 PM)
Syllabus wise F4 law & F8 audit covers a lot more compared to other F papers.
However F6 tax & F7 reporting can test almost every part of the paper (> 80%)
F5 management & F9 finance requires balancing in theories & calculation.

P1 & P3 requires elaboration & arguing skill to sneak through.
P2 requires understanding & apllication of standards to muscle through.

The paper difficulty depends on your skills, some find tax easy while some find it to be very tough (it depends : heterogenuinity theory).
Since examiner are armed with the "license to kill" in professional papers, some may find the transition from F papers to P papers not that easy.
Speaking of college, which college you go to ? Do you plan to take all your papers at a single college ?
*
Sunway College, yeap planning to finish it there


Added on November 14, 2008, 7:51 pmI got it, thanks alot, guess I will have to offend some of the moderators soon to get a permaban so that I won't login into LYN anymore laugh.gif

This post has been edited by karhoe: Nov 14 2008, 07:51 PM
karhoe
post Nov 15 2008, 11:54 PM

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QUOTE(carlosandy @ Nov 14 2008, 10:55 PM)
As I said b4, for all the prof level paper, memorize is no more important, cos examiner more require student in application.

I don't know what your 2 ex-tax lecturer try to tell you, but as Kwai Fatt told me 3.2/P6 is very challenging paper but very good paper oso. For eg, your EPF + Ins = 8000, but max only 6000. Then you must write "EPF + Ins 8000 Restricted 6000". If you don't write like that, then you will lost some marks. In conclusion, understand tax com is more important than remember format. So if you don't understand tax com, no matter how good your memorise format but oso won't help in your exam.

As I know oso, currently P6 won't require student to do much in calculation. Examiner want student base in senario to advise how to do tax, but not memorize tax com format to calculation.

But since you take P4, why not take P5 together? P4 & P5 is better combination, some more P5 more easy.


Added on November 14, 2008, 11:00 pm
Wah so rich ah, study all paper in Sunway. Ha Ha, Joking only la!

But you must work very hard if you choose to study in Sunway, cos not much experience lecturer there.

I heard some bad news oso, Ms Menon no longer teaching F7 next sitting onward  cry.gif  cry.gif (If I'm wrong, then sorry lo)
*
Not rich la, the course itself can be considered cheap compared to other courses already.

Ya, I heard that also.
karhoe
post Nov 16 2008, 08:21 PM

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QUOTE(carlosandy @ Nov 16 2008, 01:17 AM)
Wah, course fees so high oso considered cheap ah?

Do you know that KSA only RM700 to RM800++ per subject, Mc Orange also RM800 to RM1000 per subject, some more with better experience lecturer?

Up to you, if you like college life, then go to Sunway. But if want to follow experience lecturer to know more about examiner requirement and better exam technique, then consider KSA and Mc Orange.
*
I guess i'm comfortable with Sunway, why do you guys say that the lecturers are inexperienced? I think the lecturers are very dedicated and I can understand what they teach.


Added on November 16, 2008, 8:22 pm
QUOTE(yhtan @ Nov 16 2008, 08:18 PM)
for the next year, Menon will give up teaching for F7 and focus on P2, mainly because her workload is too much
*
Ya, cause more and more students taking up accountancy courses nowadays, at least she is still teaching P2.

This post has been edited by karhoe: Nov 16 2008, 08:22 PM
karhoe
post Nov 18 2008, 08:49 PM

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QUOTE(yhtan @ Nov 17 2008, 11:10 PM)
well is good for her to focus her teaching in P2 and ICAEW
as far as i know, if this sitting the requirement not up to standard, Sunway might lose the platinum status
refer few post above on you
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She's teaching ICAEW as well?

Didn't know Sunway Platinum status is on jeopardy. I've heard that the results have dropped for certain papers. Perhaps after this, they would be more strict in barring students who did not fare well in their mock exams or progress test.


Added on November 18, 2008, 8:51 pm
QUOTE(roy_pck @ Nov 18 2008, 06:08 PM)
people, i need a lil help on ROE. suddenly get a lil confused.

ROE= PAT/Equity.

My question is the Equity should be solely OSC or OSC+ RE?

For example:

Year 0                                 
OSC: 10                                        
RE: 24.1                                     

Year 1
OSC: 10                                        
RE: 24.1+ Current Year RE 1.83= 25.93

So ROE for Year 1 is:
(a) PAT of year 1/ (10+ 24.1)
OR
(b) PAT of year 1/ (10+24.1+1.83)
OR
© PAT of year 1/ 10
????? rclxub.gif

Thank you very much. smile.gif
*
Should be OSC + RE because reserves actually belong to shareholders, reserves are undistributed profits, all profits belongs to them after all, just that the business cannot distribute all profits, how are they going to expand if that's the case. They distribute it back subsequently in the form of bonus issues or discount script issues.

Correct me if i'm wrong

This post has been edited by karhoe: Nov 18 2008, 08:52 PM
karhoe
post Nov 18 2008, 09:02 PM

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QUOTE(carlosandy @ Nov 17 2008, 12:14 AM)
I think may be you still new to ACCA, so don't know much about story la.

10++ years ago, Sunway got a lot of good lecturer like Choong Kwai Fatt, Andrew Pang and etc. But today, a lot of them already run to other college, except for Menon. Majority of ACCA lecturer in Sunway are inexperience, but due to Prize Winner and good advertisment, a lot of student still prefer Sunway.

Of course if you choose study ACCA in Sunway, still got a lot of advantage like college life, big big library, monthly mock test and etc. Some ppl like to study under this environment, but for me just so so only la!

If you choose study in KSA/Mc Orange, the environment just like tuition centre, but they provide a lot of experience lecturer. All these experience lecturer prepare a lot of good study material for student, tell student about examiner requirement and exam technique.

In conclusion, both oso got advantage and disadvantage:

Study in Sunway need to work very hard due to inexperience lecturer, but college life and better study environment can help you have better study feeling.

Study in KSA/Mc Orange, tuition fee cheap + experience lecturer, so concentrate just study cos lecturer already do a lot of work to help student pass exam. But KSA/Mc Orange just like tuition centre, not everybody like it.

So up to you to make any decision.
*
Talking about the expensive fees, I was told that KL colleges study environment is not so good, and their study hours are not as much compared to how much Sunway can provide.

I am ready to study as much as possible, I just need to know the right way to do it.
karhoe
post Nov 18 2008, 09:17 PM

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QUOTE(Rvelos @ Nov 18 2008, 09:07 PM)
my recommendation, stay in Sunway but go out for some papers. you can ask your senior which papers to go out.. hehe..

you doing four papers right? I think you should stay in Sunway for lectures then go out for revision if necessary. If go out for lectures, definately make you very tired and not able to concentrate..
*
I looked at the current timetables, I'm expecting something like Mon-Fri 8-6 everyday
karhoe
post Nov 18 2008, 09:46 PM

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QUOTE(Rvelos @ Nov 18 2008, 09:29 PM)
That's good.. no need to go in weekend!! Erm, some papers if can handle, can skip the class.. unless u really prefer to stay in class to listen. Learning process could be slower..
*
I would definitely stay in class, well, I guess I'll begin studying for next sem right after my december exam so I can prepare for next semester, perhaps I should begin with F6 since I have some basics knowledge of tax.

This post has been edited by karhoe: Nov 18 2008, 09:46 PM
karhoe
post Nov 18 2008, 11:36 PM

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Why are we having arguments on Sunway vs KL colleges?

Both have pros and cons

Sunway
More study hours
Good study environment
Resources

KL Colleges
Cheap
Experienced lecturer

So it's up to the students. If I were to take 4 papers at one go, I would prefer to go to Sunway as studying long hours in a better environment would be better, and I can always go to the library to study during breaks or before/after classes
karhoe
post Nov 19 2008, 04:30 PM

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I spoke to another lecturer about this combination

F4 F5 F6 F9

F7 F8 P1 P3

P2 and remaining optional papers

She said not advisable to do P3 without P2 knowledge, she suggest

F7 F8 P1 P2, but F7 and P2 are long study hours paper, this 4 papers combination means 36 hours a week.

What do you guys say?
karhoe
post Nov 19 2008, 07:16 PM

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QUOTE(Raymond_ACCA @ Nov 19 2008, 05:38 PM)
F7 and P2 exam same day if im not wrong. Btw, some of my classmates took F4,F6,F7,F8. Then F5,F9,P2,P3. During F5,F9,P2,P3, they say they focus on P2 and P3 only, coz they find F5 too simple. ( in the end 1 of them got 80 for F5, and another 90 for F9 = =). They are from Sunway, i think u ask them to give u this combination, they might allow. Afterall, ur the one sitting for exams smile.gif. If they discourage u, show them that u have good track record, and u can handle it XD
*
Is F7 and P2 exam on the same time?


Added on November 19, 2008, 7:20 pm
QUOTE(carlosandy @ Nov 19 2008, 07:03 PM)
I STRONGLY ADVISE U NOT GO TO OTHER COLLEGE COS ALL THESE KSA MCORANGE LOW STD AND WILL AFFECT UR CV
*
I guess that is not necessary already smile.gif It will start the Sunway vs KL colleges again sweat.gif

This post has been edited by karhoe: Nov 19 2008, 07:37 PM
karhoe
post Nov 19 2008, 10:51 PM

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QUOTE(Raymond_ACCA @ Nov 19 2008, 09:57 PM)
All ACCA exams are standard time. 3pm in Malaysia.

This means that if F7 and P2 is in the same day, both will be conducted at 3pm.
*
That means taking F7 and P2 on the same semester is impossible right?
karhoe
post Nov 21 2008, 01:39 AM

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QUOTE(carlosandy @ Nov 21 2008, 12:29 AM)
Since Sunway lecturer so good, then you no need to come to KL college to attend experience lecturer tuition and revision class lo. If every Sunway student do like that, then I think next sitting onward, Philip Woo F8 & P1 and Parmindar P3 class won't be 300++ student until student feel very hard to study. If Kwai Fatt run IRC also, then his class won't be full so fast and more non Sunway student can attend his class.
*
Do you have any personal grudge against Sunway or any of its lecturer? While you are trying to make your point clear, it seems a little personal. sweat.gif
karhoe
post Nov 21 2008, 09:28 PM

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QUOTE(ThanatosSwiftfire @ Nov 21 2008, 08:50 PM)
I think we have a tendency for missing the whole point, as ACCA students generally. I've begun to hear strange things about what people think of ACCA.

Some start to say that they now find ACCA very much a commodity, at least amongst fellow auditors. For ACCA students who went straight to the tuition centers without degree (aka CAT-ACCA programme), they've been known to lack presentation ability. (broad generalization)

PwC for instance, from what I heard, prefers Australian/UK graduates over M'sia ACCA (sunway or not, makes no difference to them). So actually, in all honesty whether you are from Sunway or not should logically make no difference.

I personally suspect the reason being, pure ACCA students have a strange view of the world. As if the world owes them things...

Now, I am not saying ACCA is bad. Just it's Malaysian students generally aren't as good as overseas grads at speaking english, and given our ACCA culture of spoonfeeding by lecturers, we aren't the best at research either.

So, in a dynamic environment, we generally aren't really the best equipped to deal with it, (living and thinking skills wise).

(Again this is just a broad generalization on what people have told me of what they think of ACCA grads, especially SPM-CAT-ACCA ones, so if you feel offended, I'm very sorry)
*
I agree to that, ACCA are too exam based, it's just about how you perform in written examinations.
karhoe
post Nov 23 2008, 12:56 AM

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QUOTE(carlosandy @ Nov 20 2008, 11:05 PM)
You can write whatever college your study and according to my working experience, nobody will interest where are you study once you are grad ACCA. I can tell you also once you work for few year, the boss only interest to know what you can contribute to their co, but not SUNWAY STUDENT.

But what I know was every year Big 4 will get new employee due to their senior leaving. Basically all these boss will only know Sunway due to their good relationship with Sunway boss. But they just give chance to Sunway student doesn't mean Sunway student can enter to Big 4 easy. Everything is depend on the Audit Manager.

If the Audit Manager accept you b'cos of only you are the Sunway Student, I can said he won't be a good superior. You no need to hope can learn anything from him cos he only see Sunway student but doesn't make good judgement whether you are good staff or not.

I disagree Sunway will be 1st choice for ACCA student. For choose college, it is depend on what you want. If want good study environment then choose Sunway, but must accept their inexperience lecturer. If you want experience lecturer, then choose KSA/MCO, but have to accept their study environment. There is no perfect in the world.

A lot of full time student study in low standard college KSA, MCO, SEGI, but oso can grad within 3 years. Means that good student go to where also can study, not neccesary need good study environment.

Lastly, I totally disagree Sunway ACCA student CV got more value than KSA/MCO ACCA student CV. I also never heard when boss know you are Sunway ACCA student, then will got more chance. TOTALLY STUPID.........
*
Do you have anything to say against TARC ACCA lecturers then?

QUOTE
If the Audit Manager accept you b'cos of only you are the Sunway Student, I can said he won't be a good superior. You no need to hope can learn anything from him cos he only see Sunway student but doesn't make good judgement whether you are good staff or not.


See, you are jumping to conclusions, and it seriously shows that you have something personal against Sunway or Sunway students.
karhoe
post Nov 23 2008, 01:50 AM

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QUOTE(carlosandy @ Nov 23 2008, 01:39 AM)
My conclusion very simple, every ACCA student grad also same, there is no such thing say "Sunway ACCA student got more value in their CV".

For TARC lecturer, I can say a lot of it also inexperience due to TARC don't want to pay high salary to employe experience lecturer, but their student exempt part 1 & part 2 exam. In Prof level paper, a lot of TARC student go to KL college for add tuition or revision class.

And we already close arguement since yesterday, please do not bring it up again. I'm very disappointed you still want to bring it to argue.

But I need to tell you something, since you still new to ACCA, please don't simply make conclusion say Sunway very good place to study ACCA. Everything oso good and bad, no perfect in the world.
*
Excuse me, I'm not planning to argue about it here, it was supposed to be over long ago till you brought it up.

Since WHEN I made conclusion saying that Sunway is very good place to study ACCA? I did not say it before, but now I will say it, that I have made my choice that I will study in Sunway because I would prefer to have good study environment, I love to ask a lot of questions and I have read somewhere that students get told off by their classmates for asking too much questions.

I don't want to generalize, but it seems like students from KL colleges see Sunway students as spoilt rich brats who have alot of money to study in Sunway, pay so much $$$ but yet get inexperienced lecturers, is that how you KL colleges students (or ex-students) look at Sunway students?

This post has been edited by karhoe: Nov 23 2008, 01:51 AM

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