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

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chayjoon
post Feb 10 2010, 09:07 PM

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May I know how LLB degree can add value to ACCA? Considering doing LLB after ACCA.

This post has been edited by chayjoon: Feb 10 2010, 09:07 PM
CuriositySux
post Feb 10 2010, 09:21 PM

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Hey did u all study CAT in Sunway ?
How was it ? fun ?
starz92
post Feb 10 2010, 10:00 PM

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Hi,I am going to enroll in CAT courses this coming March.I heard that the cons if go direct CAT to ACCA without a degree is that if you fail your ACCA you are considered as SPM leaver only.I thought the ACCA most difficult part is the advance level?Upon completing fundamental level of ACCA,one can apply for a degree from OBU by doing some coursework guided by mentor right?So,if one fail at ACCA's advance level,he should be able to get a job with that degree right?Then what are the con if go direct from CAT to ACCA?Please correct me if i am wrong.

Sorry if i post in the wrong section
Topace111
post Feb 10 2010, 11:50 PM

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QUOTE(starz92 @ Feb 10 2010, 10:00 PM)
Hi,I am going to enroll in CAT courses this coming March.I heard that the cons if go direct CAT to ACCA without a degree is that if you fail your ACCA you are considered as SPM leaver only.I thought the ACCA most difficult part is the advance level?Upon completing fundamental level of ACCA,one can apply for a degree from OBU by doing some coursework guided by mentor right?So,if one fail at ACCA's advance level,he should be able to get a job with that degree right?Then what are the con if go direct from CAT to ACCA?Please correct me if i am wrong.

Sorry if i post in the wrong section
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You are correct in every sense.

MNC will accept only degree holders (cos they dont know how acca works). Another reason is that almost anyone can "study" acca but not everyone can pass but certain employers thought "if any tom,d*** & harry can take, is there any exclusiveness compared to CFA or ICAEW".

If you enter Big4 or audit firms you will be highly admired by degree holders. But if you are applying jobs is the opposite especially if you have no experience.

Difficulty is different to anyone, maybe its easy for you biggrin.gif
aaron1kee
post Feb 11 2010, 12:16 AM

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QUOTE(CuriositySux @ Feb 10 2010, 09:21 PM)
Hey did u all study CAT in Sunway ?
How was it ? fun ?
*
Different people will have different experience at Sunway, and it strictly depends on what kind of 'fun' you looking for. In terms of campus life & stuff, definitely Sunway has the extra edge over other tuition providers.
karhoe
post Feb 11 2010, 12:56 AM

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QUOTE(Topace111 @ Feb 10 2010, 11:50 PM)
You are correct in every sense.

MNC will accept only degree holders (cos they dont know how acca works). Another reason is that almost anyone can "study" acca but not everyone can pass but certain employers thought "if any tom,d*** & harry can take, is there any exclusiveness compared to CFA or ICAEW".

If you enter Big4 or audit firms you will be highly admired by degree holders. But if you are applying jobs is the opposite especially if you have no experience.

Difficulty is different to anyone, maybe its easy for you  biggrin.gif
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Meh, are you sure that your statement applies to all MNC? How can HR personnel not know about the different qualifications? Knowing about the qualifications is like part of their job.
semivalue
post Feb 11 2010, 01:01 AM

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QUOTE(karhoe @ Feb 11 2010, 12:56 AM)
Meh, are you sure that your statement applies to all MNC? How can HR personnel not know about the different qualifications? Knowing about the qualifications is like part of their job.
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I think the statement is wrong in some sense.
Being an ACCA affiliate (by passing ACCA + 3 years experience), it makes you an MIA member, then you can climb to the Board easier than normal degree holders (unless you hold a degree in those public uni and MMU).
But being by that, many of the MNCs still value ACCA more than Accounting degree.
IMO, that's the fact =)

Owh ya...
Go flip the newspaper's classified section. Most of them admitting that minimum qualification is Degree holder, but having a professional qualification is an added advantage. So? =)


Added on February 11, 2010, 1:04 am
QUOTE(jonwei @ Feb 10 2010, 01:04 PM)
Do you think getting a MBA in Corporate Governance a good qualification for an Auditor?
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If you have the time, I would suggest you to learn from your boss in your audit firms how to attract clients.
By attracting clients, you will attract more income for yourself.
Well, your client's shareholders won't bother if you have an MBA in Corporate Governance. It won't even be presented in your client's annual reports =)


Added on February 11, 2010, 1:06 am
QUOTE(whitewolf @ Feb 10 2010, 12:28 AM)
does anyone have a p1 textbook they no longer need? bpp or kaplan i dont mind. pm me if anyone have.
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I have one photocopied GTG being threw aside. If you want to have it, kindly let me know. However, I would not recommend this textbook =)


Added on February 11, 2010, 1:08 am
QUOTE(ck23 @ Feb 8 2010, 03:15 AM)
Sunway p3 progression test, any tips??? What questions are covered?
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Why quote me?
Sorry, I'm not a Sunway student =)

This post has been edited by semivalue: Feb 11 2010, 01:12 AM
starz92
post Feb 11 2010, 11:32 AM

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QUOTE(Topace111 @ Feb 10 2010, 11:50 PM)
You are correct in every sense.

MNC will accept only degree holders (cos they dont know how acca works). Another reason is that almost anyone can "study" acca but not everyone can pass but certain employers thought "if any tom,d*** & harry can take, is there any exclusiveness compared to CFA or ICAEW".

If you enter Big4 or audit firms you will be highly admired by degree holders. But if you are applying jobs is the opposite especially if you have no experience.

Difficulty is different to anyone, maybe its easy for you  biggrin.gif
*
If so,what are the cons if one go from CAT to ACCA compared to those go for a degree then ACCA? smile.gif
Topace111
post Feb 11 2010, 11:34 AM

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Ok I guess some of you guys have not applied for jobs before so I will give some hindsight from acca point of view.

Most MNC will require you to use their online application system (namely uses system of Taleo). Try some companies like Sime Darby, Petronas, Accenture,......etc. You will come to a column which states qualification possessed. You will not find professional qualification there, only degree, master or PHD. That clearly states their preference for degree holders. The only equivalent to professional qualification is professional certificate and that is below diploma. Reason being the HR people although they value ACCA holders but they prefer to groom them to be one instead of hiring one straightaway unless that person already has some experience. To counter that, 2 things :
1) A powerful resume or cover letter or
2) A degree (OBU) but they do not really recognise one but that will allow you to pass their initial entry system.

Another thing is that there are more US MNC than UK ones and they prefer their own CPA or degree rather than ACCA but acca is still acceptable but just less preferable. MNC prefer all rounded fresh graduates or professional qualification holders with some experience.


Newpaper does quote correctly about professional qualification but its actually : Professional holders. Means that you are already member not affiliate. With experience acca holders are more recognised compared to degree + experience but if you start from fresh graduates point of view, everybody is anybody.

Unless you apply to audit firms then its a different issue. They need professionals hence the recognition but since they dont need bond to stay at the firm, degree holders are still in contention.

The fastest way to gain recognition is to enter Platinum or maybe Gold certified employer. Audit firm is the fastest (ie : Big4). ACCA states minimum 3 years but it may take around 5 especially if working with commercial or small audit firms. Got pros & cons.
faradie
post Feb 11 2010, 12:06 PM

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QUOTE(chayjoon @ Feb 10 2010, 09:07 PM)
May I know how LLB degree can add value to ACCA? Considering doing LLB after ACCA.
*
The most successful professionals are those who are able to speak and write in legal jargon. This means producing information which is so complex that people don't bother to read it. LLB is a definite asset to ACCA in that context.


Added on February 11, 2010, 12:10 pm
QUOTE(jonwei @ Feb 10 2010, 01:04 PM)
Do you think getting a MBA in Corporate Governance a good qualification for an Auditor?
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If you suscribe to the view that corporate governance has failed to be effective worldwide and Malaysia does not have to culture to support the implementation of corporate governance, why are you wasting time and money getting an MBA in corporate governance. Such a qualification would serve your needs more if you were a pastor!

This post has been edited by faradie: Feb 11 2010, 12:10 PM
starz92
post Feb 11 2010, 12:10 PM

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QUOTE(Topace111 @ Feb 11 2010, 11:34 AM)
Ok I guess some of you guys have not applied for jobs before so I will give some hindsight from acca point of view.

Most MNC will require you to use their online application system (namely uses system of Taleo). Try some companies like Sime Darby, Petronas, Accenture,......etc. You will come to a column which states qualification possessed. You will not find professional qualification there, only degree, master or PHD. That clearly states their preference for degree holders. The only equivalent to professional qualification is professional certificate and that is below diploma. Reason being the HR people although they value ACCA holders but they prefer to groom them to be one instead of hiring one straightaway unless that person already has some experience. To counter that, 2 things :
1) A powerful resume or cover letter or
2) A degree (OBU) but they do not really recognise one but that will allow you to pass their initial entry system.

Another thing is that there are more US MNC than UK ones and they prefer their own CPA or degree rather than ACCA but acca is still acceptable but just less preferable. MNC prefer all rounded fresh graduates or professional qualification holders with some experience.
Newpaper does quote correctly about professional qualification but its actually : Professional holders. Means that you are already member not affiliate. With experience acca holders are more recognised compared to degree + experience but if you start from fresh graduates point of view, everybody is anybody.

Unless you apply to audit firms then its a different issue. They need professionals hence the recognition but since they dont need bond to stay at the firm, degree holders are still in contention.

The fastest way to gain recognition is to enter Platinum or maybe Gold certified employer. Audit firm is the fastest (ie : Big4). ACCA states minimum 3 years but it may take around 5 especially if working with commercial or small audit firms. Got pros & cons.
*
Thanks for that,really shed some light on me.If one work at audit firm for lets say four years,is that 4 years counted as working experience when he apply for a job in MNC?
whitewolf
post Feb 11 2010, 12:59 PM

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QUOTE
I have one photocopied GTG being threw aside. If you want to have it, kindly let me know. However, I would not recommend this textbook =)


aih.. how come eh? my lecturer said gtg textbook good.
Topace111
post Feb 11 2010, 01:30 PM

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QUOTE(starz92 @ Feb 11 2010, 12:10 PM)
Thanks for that,really shed some light on me.If one work at audit firm for lets say four years,is that 4 years counted as working experience when he apply for a job in MNC?
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It depends which industry you audit, if you audit bank but apply for IT MNC then hardly relevant but still ok.
but its the skills you gained and network rather than the audit knowledge. They price what you know about other company controls and system. And ability to digest loads of dung. It also depends what position you are applying for.

starz92
post Feb 11 2010, 02:01 PM

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QUOTE(Topace111 @ Feb 11 2010, 01:30 PM)
It depends which industry you audit, if you audit bank but apply for IT MNC then hardly relevant but still ok.
but its the skills you gained and network rather than the audit knowledge. They price what you know about other company controls and system. And ability to digest loads of dung. It also depends what position you are applying for.
*
Thanks again smile.gif
synchun
post Feb 13 2010, 12:42 PM

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QUOTE(Lennethe @ Feb 10 2010, 01:03 PM)
i just feel like here is a sunway uni student forum lol....
taking f5 f4 (left these two papers) f5 very difficult leh, voon hsia guarantee the paper no problem, but it ends up got problem when she announced that one hour after the PT has started...duh....
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Lennethe, you're in Voon Sia's class also??
Even she gave us the volume figure, i also can't solve that question. haha
btw, pm me who you are.
I guess we're in same class =)
kikumarubeam
post Feb 14 2010, 08:17 AM

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hello everyone...

i've extra 1 new textbook for F4 (malaysia) Malaysia Legal System byLee Mei Pheng the 5th edition.

if anyone interested to buy PM me ok.. smile.gif

got extra cause i have buy it in advance, don't know that tuition provider also provided textbook.. tongue.gif
marz182
post Feb 16 2010, 08:06 AM

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Need help here , what happen IF i forgot to pay the annual fee? do i incurred the penalty?
-= Virgil =-
post Feb 17 2010, 04:14 PM

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Anyone taking P6 at Sunway Uni?!
mangaliseng
post Feb 20 2010, 02:05 AM

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anyone can give a response?

im just wondering if i pursue foundation > degree > acca , will the employer looks at my degree's qualification when i work?
let say i've done very well in ACCA but my degree's result sucks OR my degree's qualification does not recognized (not very reputable,for example,the degree's qualification is from low ranked uni from other country such as UK)

if like that,i think i better search for reputable UK for AUS's degree (high ranked) to study accounting degree locally...but it will be costly
Topace111
post Feb 20 2010, 04:45 PM

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Employers will normally look into your "latest" adademic qualification assuming its better than the last one. However certain companies especially large reputable ones will look at the overall package. Like those with only few positions but thousands apply kind of scenario.

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