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Business ACCA V5!, Long live bean counters! :D

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gecodine
post Aug 17 2009, 09:27 PM

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No, its a race... race to get higher salaray and to be promoted

This post has been edited by gecodine: Aug 17 2009, 09:30 PM
baby16
post Aug 17 2009, 09:43 PM

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hello... guys... just wish to ask smth...

do u knw any1 score higher than 87 for F7? i just gd luck enuf to happen to score 87 for my F7... thx...
karhoe
post Aug 17 2009, 09:46 PM

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Got, my college got people got 92, and yet my lecturer said not good enough to win a prize]

Sorry to spill out to bad news, but would you rather not know? smile.gif


Added on August 17, 2009, 9:48 pm
QUOTE(Topace111 @ Aug 17 2009, 08:58 PM)
I cross referenced with a lot of my optional friends & most didnt expect to pass P4 with ease but turn out failing P6.
It seems many didnt see it coming for tax in my batch, I think pass rates will certainly be very low for tax this seating. Finance pass rates has already been marked down bcos of international boycott & complaint. Some wants to sent virus to Bob Ryan too.  tongue.gif


Added on August 17, 2009, 9:03 pm

Hey keep up the good work until you finish all acca papers. Marks will go very funny in professional level, just ask any of your sunway seniors.  biggrin.gif . I met some who aced 90 in some F papers in my class went cucko banana when comes to paper like P2 & P4 & P6.


Added on August 17, 2009, 9:09 pm

Actually it does matter a bit if anyone is interested in joining Big firms or company especially with current economic climate. Investment banking apprenticeship programme checks rigorously & Big 4 does. According to a HR manager I met during ACCA career fair told me about 3 key indicators :
1) Duration completed (preferably within 3 years)
2) Consistency (not failing I guess)
3) Marks (they need to know your core competency matching with job description, if excel in tax but apply for finance post sort of scenario....)
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Thanks for the advice, that will prevent me from being complacent smile.gif

This post has been edited by karhoe: Aug 17 2009, 09:48 PM
vin_ann
post Aug 17 2009, 09:53 PM

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Congras on those who pass....

Never give up to those who fail...


elviratkh
post Aug 17 2009, 10:13 PM

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QUOTE(karhoe @ Aug 17 2009, 09:46 PM)
Got, my college got people got 92, and yet my lecturer said not good enough to win a prize]

Sorry to spill out to bad news, but would you rather not know?  smile.gif


Added on August 17, 2009, 9:48 pm

Thanks for the advice, that will prevent me from being complacent  smile.gif
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lol, let me guess, you're in Shanta's class today? XD
kelvinbadroyal
post Aug 17 2009, 10:14 PM

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QUOTE(jacktai @ Aug 17 2009, 02:37 PM)
You a full time or partime student?? Me also in Menon class, but Menon are expert in P2, but if you just follow fully Menon instruction, its more then enough to pass. Even if you dun attend the class, just study hard and practice a lot sure can pass.
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but i dun think you can pass p2 if you study on your own as current issues are keep updating and IASs are revised almost every sitting..
like june 2009, menon said FULL GW will not come out in this sitting, but it did appear.. aiks.. luckily i still remember the format..
also, i never expect IAS 19 will come out as a current issue in last sitting.. i was so surprise that it did came out because i studied IAS 19 as the last chapter in the morning before go for exam.. sweat.gif lol..
ahah
post Aug 17 2009, 10:46 PM

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DAMN... I failed P3 (46), P6 (43).

Quite confident to pass P3 next sitting because i only spent five days to do revision kit without reading any page of the text book. (Not saying that i am good, but i think i know the way to do this paper)

But P6(MYS)~~~~ killiiiinggggg meee..... this coming sitting is my 4th attempt. Feel so terrible lah... I am in fact practicing tax for one and a half year... how come???

Many advice me to change paper... but i already pass APM. And i am not good in finance and audit. How??? Any advice? I would rather stick to P6, but it is very frustrating.

Any recommended text book other than Choong Kwai Fatt? Alen Yeo, Verindeerjit Singh and Richard Thornton, which one better? Any one having notes can share? Pls PM me. tq.


carlosandy
post Aug 17 2009, 11:03 PM

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QUOTE(ahah @ Aug 17 2009, 10:46 PM)
DAMN... I failed P3 (46), P6 (43).

Quite confident to pass P3 next sitting because i only spent five days to do revision kit without reading any page of the text book. (Not saying that i am good, but i think i know the way to do this paper)

But P6(MYS)~~~~ killiiiinggggg meee..... this coming sitting is my 4th attempt. Feel so terrible lah... I am in fact practicing tax for one and a half year... how come???

Many advice me to change paper... but i already pass APM. And i am not good in finance and audit. How??? Any advice? I would rather stick to P6, but it is very frustrating.

Any recommended text book other than Choong Kwai Fatt? Alen Yeo, Verindeerjit Singh and Richard Thornton, which one better? Any one having notes can share? Pls PM me. tq.
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You can't just depend on text book and practicing to pass P6. This is very practical paper. P6 examiner normally assume student is Tax Planner. He need P6 student can make own judgement, give advise to client on tax implication, tax planning and etc.

Trust me, P6 is difference from F6, if you just practicing tax to take P6, then it never give you perfect. You must practice with understanding, means ask yourself always "why like that" when practice question.

Try to read examiner comment, then you will know your mistake. Try to understand examiner requirement from read his past year Q & A and some article from him, so you will feel better.

And I don't think got any other text book will be better than Kwai Fatt one currently. Very sad also currently Kwai Fatt stop teaching P6, if not then you can try his class, then you will learn a lot of practical thing from him.

This post has been edited by carlosandy: Aug 17 2009, 11:04 PM
Jeremycool
post Aug 17 2009, 11:13 PM

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QUOTE(kelvinbadroyal @ Aug 17 2009, 07:55 PM)
passed p2, of cos i feel happy, but i m still feeling bad for my f8 and f9 la..
i dun find any reasons how come i can fail my f9 again.. n so my f8.. 
heard tat quite many students failed f8 rite? 


Added on August 17, 2009, 7:57 pm
hei, jeremy..
i think i know u rite?
u wear specs rite?
*
lol...
yupe...
i wear specs...
do i meet u b4?!


if pass by jz say a hi to me tongue.gif tongue.gif
ahah
post Aug 17 2009, 11:18 PM

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QUOTE(carlosandy @ Aug 17 2009, 11:03 PM)
You can't just depend on text book and practicing to pass P6. This is very practical paper. P6 examiner normally assume student is Tax Planner. He need P6 student can make own judgement, give advise to client on tax implication, tax planning and etc.

Trust me, P6 is difference from F6, if you just practicing tax to take P6, then it never give you perfect. You must practice with understanding, means ask yourself always "why like that" when practice question.

Try to read examiner comment, then you will know your mistake. Try to understand examiner requirement from read his past year Q & A and some article from him, so you will feel better.

And I don't think got any other text book will be better than Kwai Fatt one currently. Very sad also currently Kwai Fatt stop teaching P6, if not then you can try his class, then you will learn a lot of practical thing from him.
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Thanks Carlosandy. I mean I am working in tax firm.

I get what u mean. What u said are essentials of studying P6, but sometime I can't stop to blame on my brain. Just can't help to remember a lot of things in exam hall. I agree that the planning part is very practical. Hm... may be I still need to memorize more.

I would think that accounting standards are much much easier as P6 requires us to think and remember tax laws like a tax manager/professionals. But for accounting standard, appears easy to me as we can take framework as the basis for almost every acc standards.
But no such thing is advanced tax law. All are by memory...

With each fail, this paper is going to make me stronger. 4th attempt, i will always remember this paper. I passed all other papers not later than 2nd attempt.

Hm.... another half year with P6!!! OMG!!! Get out of my way, I am getting affiliate this Dec.

Congrats to those pass the exam. Kambateh to those fails. I am with u.
karhoe
post Aug 17 2009, 11:19 PM

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QUOTE(elviratkh @ Aug 17 2009, 10:13 PM)
lol, let me guess, you're in Shanta's class today? XD
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Lol, yar.... so we're classmates?
denccl
post Aug 17 2009, 11:28 PM

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Hi, just want to ask u all opinion that can i take p1 ,p3 and p5 in the same sitting instead of i haven pass any core papers in p level. Or i must pass all core papers then only can take optional papers? Because have to decide which papers will be taken in Dec 2009 sitting.. Anyone can give some advice on it? Thanks in advance.
jayniel
post Aug 17 2009, 11:29 PM

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anyone score above 70 for P2?
kuntaker
post Aug 17 2009, 11:40 PM

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guys, i hv smth to ask, to score above 70 or 80 in ACCA,
actually what should have presented on exam paper?

im curious how ppl make it
Topace111
post Aug 17 2009, 11:55 PM

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I seriously think the examiner purposely wish to bombshell P6. The first seating is already 28% pass rate & second seating also around 30%. Then after much criticsm by local lecturers examiner go lenient & pass rate shoot up 40%. After evryone is happy again he pulled his tricks again. By doing what ?
1) Bringing back very very old & weird stuff like mining allowance (how many mining company in MYS mind you)
2) Sales & Service tax which are never tested for more than 10 seatings was brought back out of the blue.
3) Group relief which is a very small topic can be merged with other area so like a hybrid 3 in 1 question.
Tax syllabus is the biggest around, no doubt about that just check the text book. However things tested is quite average but since every area is so specific & each go their own formulaes makes it very stressful for students to remember. The examiner himself has also gone cucko banana a few times & have to rectify his mistake by giving bonus marks to student.

Just a very brief preview :
A x B/4C for unit trust to ascertain deductibe permitted expenses. A is a list of 10 expenses, B is gross inc of Div, Int & Rental & C is B + exp.....
So in exam you need to remember all this small detail. Not enough yet it has to be compared with 10% of A whichever is higher.

Compared to :
Investment holding company : A x B/4C but this time is compared 5% of A whichever is lower not higher. So if a student can remember all this small details in exam then can score.

Heard that P6 is the toughest paper to score even on international level.
muamua
post Aug 18 2009, 01:15 AM

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hye, i juz registered acca last mnth, hooray... i have a noob questions here...

1) where can i find a private tutor?... i think i wanna study on my own...

2) if i wanna study in college, can i still register for the class?, and which college offer the lowest fees but have a good lecturer

plz help me guyz... ;(
jactval
post Aug 18 2009, 01:51 AM

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I'm deciding to take up P3 after I had pass my previous 3 subjects. Never take P3 by the 1st semester due to I don't think I could pass all my previous 3 subjects, but then I managed to go through.

I noticed that, however, all the P3 classes had commenced since July and many lessons I had missed.

Any suggestion for my situation? Continue with my current 2 subjects (F8 and P1) or I can join any P3 classes else by now?
kelvinbadroyal
post Aug 18 2009, 01:59 AM

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QUOTE(carlosandy @ Aug 17 2009, 02:03 PM)
If I'm not mistake, I saw one article few years ago: ACCA said for those fail but can get above 45m, they will try to remark the exam script one more time and try to help student pass. In other word, no point for student to pay money for admin review and get back same result.
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i think this article is no longer valid lo..
since ACCA is prevailing across the world, i dun think ACCA admin will do the remarks for the failed papers..
if they do so, i think tis affect ACCA's market..
whitewolf
post Aug 18 2009, 02:07 AM

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so i have a question. would it be suicide if i go into professional papers now? i mean go for bridging now? a friend told me that it's not something you want to meddle with.
carlosandy
post Aug 18 2009, 08:57 AM

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QUOTE(kelvinbadroyal @ Aug 18 2009, 01:59 AM)
i think this article is no longer valid lo..
since ACCA is prevailing across the world, i dun think ACCA admin will do the remarks for the failed papers..
if they do so, i think tis affect ACCA's market..
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But is true also for those student getting 45m-49m, actually is not their true marks. Normally any student getting this range of marks, possible actual mark can be around 43m-54m. The reason is ACCA want to maintain their std. They can't give so many ppl pass, at the same time can't fail so many ppl oso.


Added on August 18, 2009, 9:18 am
QUOTE(jactval @ Aug 18 2009, 01:51 AM)
I'm deciding to take up P3 after I had pass my previous 3 subjects. Never take P3 by the 1st semester due to I don't think I could pass all my previous 3 subjects, but then I managed to go through.

I noticed that, however, all the P3 classes had commenced since July and many lessons I had missed.

Any suggestion for my situation? Continue with my current 2 subjects (F8 and P1) or I can join any P3 classes else by now?
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1st question, are you full time student?

2nd question, can you handle 3 subject at same time? F8 is a killer paper, P1 not difficult, P3 syllabus very wide but very commencent can goreng.

If you can do that, then go ahead.

Although most of P3 classes already start July, but some college offer "Bridging class" for the missing topic during July. I'm not sure about Sunway (you are Sunway student, right?), but Parmindar in KSA normal will teach back 1st term topic (means topic in July) during his Revision Intensive (RI) class. If you interest, then you can joint Parmindar 2nd Term class + RI la!

Btw, I think some of Sunway student also take tuition class for P3 in KSA, may be you can ask them la!

This post has been edited by carlosandy: Aug 18 2009, 09:18 AM

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