i am taking on haneef next sitting-any areas i need to do more self -study(ie areas he may not cover so much at)?
-i sorta of defer my p2 for this sem,so i only knew a bit of what he 's gonna teach

by the way i heard michael mainwaring will conduct a 10+ special group class in malaysia.for p3

1 : The burden is only apparent only on exam day. My P2 mark suffer greatly compared to P1 & P3 due to exhaustion. Anyway i notice an indirect benefit which I discovered on my own. Its called synergy.
Stuff you learned in P1 can be tested in other papers notable P2, P3 & P4 (others i am not sure yet) but this 3 is confirmed. My sitting of P2 & P3 includes P1 stuff which is easier in other paper compared to P1. So P1 is like a bonus paper. I have checked from other professional qualification as well. CIMA introduce ehtics (or p1) first then ACCA followed. CFA also practice similar approach.
But P1 stuff is not important to know but just deemed essential after enron failure.

2. The changes is mainly on NCI. Example on IFRS 3 on calcualtion of goodwill. The things you learn should be roughly the same but examiner can intoroduce more difficult are of NCI for Dec09 onwards.

3) I also don't like to memorise but we need to memorise first then slowly progress to understanding then comprehension.
For P1 there are 2 good lecturer but there are many others too.
Phillip Woo : He is suitable for those whom are hardworking cos a lot of stuff to memorise & understand.
Sheila : Less memorisation but more on understanding & technic.

P3 : Sadly there are only one full time commited lecturer which are deemed recommended which is Parmindar in KSA.
There is Michael mainwaring but only for revision class.
For theory paper they cannot teach you much since its pretty much depend on yourself but they can narrow & focus on important topics. Almost half of the syllabus area is irrelevant for exam but only for comprehension.

I just come back from my P2 exam ....

Really tough !!

The consolidation question is still manageable to certain extent. But, I CAN'T IDENTIFY what is the ACCOUNTING STANDARD ABOUT in Q2 , Q3. Q4 ask about employee benefits.

I take Paper P1 & P2.
Likelihood to pass P2 is low.... P1, hopefully I can pass...

Dec 09 P2 vs June 09 P2 , a lot of things different ??
I plan to self study, because I got take classes this sitting (half way take)....

I still got my old P2 notes with me & i will narrow down his key topic :
IFRS 3 : Biz combination, Forex, Cashflow, NCA held for sale, agriculture, Financial Instrument, Share based payment, Employee benefits, income tax, compex group, piecemeal, disposal of shares.
He teaches the most standards in P2 but he rarely touches F7 area like leasing & EPS.

thanks topace

Additional areas covered by Haneef in P2
- Operating Segment
- Discontinued Operation

p3 tomorrow... oh my.... cant study now...

any last minute tips tq

Ha Ha, no need tips la. P3 just simply goreng with few important biz model



This post has been edited by carlosandy: Jun 9 2009, 10:17 PM

Daniel Ho (FTMS)

But I heard some rumors (not confirm yet), he will stop teaching. If really, then you need to go Andrew Pang (KSA).

I just browse through FTMS Premier Courses Jun 2009 intake from its website, yes his name do exist. I'll clarify with their staff further...

actually i only know the names of the biz models , and important headings

those definition & full details i really cant remember ...

oh my god.... scary... 2nd attempt and i still sucks at it...

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Added on June 9, 2009, 10:52 pmthis 2nd attempt i did not memorize definitions and models as i previously did at 1st attempt...

praying to god now...

This post has been edited by littlediana: Jun 9 2009, 10:52 PM

if you are studying at sunway, never take f8 and p1 together, the combination of these 2 papers in the exam are not encouraged. even though f8's syallabus crosses over P1 syllabus, however, the chances of passing both papers are 50:50 only. or, u can only survive in f8 but fail in p1 or vice versa. this is because the application of p1's knowledge in f8 paper might result in serious mistake made, unless you are SMART enough.

somemore, i had totally screwed up in my P2 today, but still manage to answer 2 out of 3 questions but question 3 had been badly done..
hope examiner can be lenient a bit in this sitting....

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Added on June 9, 2009, 10:57 pmcant use blue pen then use black pen la, whats the big deal??

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Added on June 9, 2009, 11:03 pmits better for you to have a revision on F7 first before you enter P2 classes, or else you will be killed by that paper itself. seriously, not bluffing.
Sunway P2 lecturer, Menon enquires for students' opinion whether she should go through or revise F7 IAS standards with the students before go into P2 syllabus, most of the students agreed. i think she will implement it in next sem.

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Added on June 9, 2009, 11:18 pmgood luck to all p3 candidates!!! tomorrow will be the last day to go! after 6.15pm, holidays start! throw away all your p3 notes, assume you have pass the paper.. haha..

This post has been edited by kelvinbadroyal: Jun 9 2009, 11:18 PM

Hi all, i need some advice.
i m planning to take F8,F9 and P1 in next semester.
Is this combination advisable?
may i know how the lecturers are of these subjects in Mc orange?

i heard Professional level requires practical rather than knowledge.
I hav no experience at all..i m afraid i might get stuck at P level
=(

i used to work hard n practise a lot when preparing for exam but all of these won work in P level ( as written in previous thread)

i m really uncertain about my future..=(

thx in advance =)

in my opinion, i think it is quite risky for us to take F8 & P1 at the same time. please review back my previous thread for reasons.

dun worry, practical and study are totally 2 different matters, even though u have working experience for several years, you are still not be able to pass your exams in 3 hours time, because what you study are totally different compare to practical, and not only you face such a hurdle, where many people also face the same situation as you and i have.

Knowledge only comes to apply if you dont know any models to refer to.
For example in P3 they asked a question about something (Ie : biz strategy) so if you knew the answer from practical experience then write away. If you are not creative enough then refer to some template model like Kotler whom by the way is also coming to MYS (after seeing his poster everywhere in KL streets).

Like my last P3 exam they come out a question something like a mining comp diversify into boat & themepark company so I just quote Mines Wonderland in MYS for reference. Then they asked about the museum incompatability with modern times so I just crashed on our own museum.

What I meant previously is that question will be so general that even applying models can be tricky so i just stick with practical knowledge which is safer. The question will just asked "Explain" thats all so you can practically bluff all the way through. But even a cheater needs a high IQ.

F8 & P1 should be under Sheila at Mco. Who is teaching F9 ?

P2 today was fxxking tough wei...the consol question totally i did not even have time to do the CBS, just left it blank, but i did all the necessary workings

Q2 Financial Instrument + FOREX...still manageable

Q3 totally dono what standard...revenue recognition i think..didn't do

Q4 employee benefits 25 marks WTF?!! as usual, theory > calculation

at the end of answer booklet i written "Dear marker, this is my 4th attempt and final paper of my ACCA, I've done my best, please pass me! thank you!"

chance of passing vs failing is 50-50 i would say. just wait for august results. really hope i don't have to sit for it for 5th time. my weakest paper!

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Added on June 10, 2009, 2:07 amlastime i passed on my first attempt without even study AT ALL. was thinking not to attend the exam actually.

my opinion is just apply your common sense. P3 is a common sense or so-called 'goreng' paper. no absolutely right or wrong answer/ model, as long as you can argue your points reasonably.

last but not least, good luck for tomorrow! may the force be with you.

This post has been edited by roy_pck: Jun 10 2009, 02:07 AM

Hi ,
can suggest that P1 , P2 ,P3
if I wanna take 2 paper , which 2 to go?


for example,
is it if F7 did not pass ,we cant take P2?
i mean not through the fundamental paper then cant take advanced paper?
or there is no such thing?


so next sitting will keith farmer be back?
any idea?

This post has been edited by kuntaker: Jun 10 2009, 02:52 AM

1. i would suggest to take P1 and P2 together. one theory one calculation. one lighter one heavier.

2. you can't take P2 if you do not pass F7, since both papers are on the same exam day.

3. no idea when Keith is gonna be back. why don't try Haneef?

ou..
thanks


um,well i hope not to get a clash in timetable..sometimes is just troublesome to choose either one when clash.
so i will try to ask got KSA lecturer 1st..

This post has been edited by kuntaker: Jun 10 2009, 07:48 AM

f6- tax. it's relatively easywhen u take mys variant,but u also have to be knew core areas of theory(i remember i get a 60 ++ pass just bcos i dont have a good knowledge on some theories)
f7-u really have to be strong here-at least for p2 purpose
f8- really a lot of work-not just memorise also practices to make u really understand audit.for first.if you are first timer you better get a lecturer who can make you really understand the topic,especially if you never touch actual audit before.
maybe write a list of what qualities you want in your lecturer:eg simplified notes,talk about actual experience,good memorisation techniques,systematic etc

f9-it's 50 calc 50% theory-so there's some areas to memorise

but i suggest u look the syllabus at accaglobal.for f9 it's financial and f7 is reporting standards.u can look this through the internet or a library.

it really depends.get a good mix of heavy memorise and practice,a 50/50,calculation mix.

from a f8 second-timer and p1 -first timer perspective
( i take f8 & p1 together)
hmm...i remember i barely understand corporate governance while i take f8 for first time.it was just lucky that my exams does not came on that topic.then i take p1,and i start to know more about it,as f8 is quite summarised on corporate governance.
(provided that u really listen to that topic at class and you understand it.)
and p1 is more easier to understand compared to f8,especially if u have this two papers taught by the same lecturer(personally thinking )


cons: there are some areas u really need to answer in that paper format(eg f8 question-f8 format ie audit ).i remember a question about controls in which areas in a company-in p1 paper,and the answer required cannot in f8 format
as what they says above

This post has been edited by icyblue: Jun 10 2009, 08:52 AM