QUOTE(Kaerna @ Jun 13 2009, 10:35 AM)
Got a few questions to ask you guys :
I just finish taking the core papers this sem(I hope I can pass all
) and taking optional next semester. However I'm confuse about which optional choices. One thing for sure, I want to take P4 because I think a qualification in a finance paper will be better for my job prospect in the future. However I'm undecided between P5 and P7 (P6 is out of question coz I hate tax, never my kind of thing)
And also recommend any P4,P5 and P7 lecturer, and hopefully you can support with comments or experience with that particular lecturer and their style of teaching.
Finally, I want to do my OBU thesis project, care to recommend some mentors and share your experience(preferably from those who actually attended their sessions)
thank you.
btw exam seating experience, P1 and P3 ok...P2 I'm depending on my theory to pass me through, coz I did bad for Conso
P4 is useful especially if you need to enter banking industry like commercial bank & investment banking.I just finish taking the core papers this sem(I hope I can pass all
And also recommend any P4,P5 and P7 lecturer, and hopefully you can support with comments or experience with that particular lecturer and their style of teaching.
Finally, I want to do my OBU thesis project, care to recommend some mentors and share your experience(preferably from those who actually attended their sessions)
thank you.
btw exam seating experience, P1 and P3 ok...P2 I'm depending on my theory to pass me through, coz I did bad for Conso
All lecturer will agree that finance is the most useful paper in optionals since you will learn a lot in this paper.
However one major obstacle which discourage student to take this paper is that it is the most difficult of all optional papers. Do not let the pass rates fool you though since if you asked any classmates / senior around finance is the killing paper not F5. Many lecturer also told student to avoid taking P4 if you want to pass through acca.
Do not use you F9 as a basis to enter P4 since the syllabus is entirely different compared to other optionals.
Lecturers : Daniel Ho should be leaving soon & another alternative is Andrew pang. Then there is Mr Chan in Mco too & considered quite experienced.
P5 is deemed the easiest among all optionals & recommended by all lecturers if you want to pass acca quickly but not recommended if you want to learn something since P5 is very similar to F5 & already includes many area of P3.
The reason many failed F5 bcos they are not matured enough or well verse with application question which is rampant in professional papers. So for F papers F5 is the most difficult but comes to P papers P5 is the easiest (easiest of professional paper sense)
F5 stuff is very similar to P5 only the question is way longer.
Lecturer : Chow already left so also Andrew Pang left.
P6 is a one-off paper. You will either use the knowledge completely or none at all. In Big 4 their 2 main division is assurance (audit) & tax. So if you decide not to enter audit line , P6 can help you on tax line. Tax syllabus is considered the widest among all optional. A lecturer once told me that P6 is the killing paper in the old syllbus in part 3 but now its already secured. P6 is quite tough in first 2 sittings but after bad feedback examiner already toned down difficulty.
Do not be surprised if lecturer omit certain topics but came oout in exam since all lecturer cannot finish the tax syllabus in depth. The thing is that if you know what you are being tested then its easy, if not then you can sit there for hours mumbling to yourself. There are many tiny rules to remember too like (A x B/4C or 10% of A). The entire tax syllabus is about how to avoid tax & tax for specific industry like trust, investment, vcc.
You need good knowledge in F6 as well.
Lecturer : Chin Ann (F6 marker), Siva (P6 marker) & Alan Yeo (marker : not sure which paper)
I have asked several lecturers & friends about P7 & i can share some here why they are taking it.
If you are interested to go singapore , they have a provision or work regulations that required P7 as a must.
If you are bonded by big 4 firms to do ACCA & you are in assurance line you need to take P7.
P7 examiner assumes student to be an audit senior to tackle this paper & you need to have "business sense" too. Thats why its entirely practical & application compared to F8 which is technic & format. Experience is very important for P7 students.
P7 : Sheila John (teaching morning class at tuesday & wednesday a friend told me)
Heard that P4 examiner conducted a survey to check student feedback exam. Most of my friend comment negatively to lower the pass rates.
What you learned in F8 will be very similar to P7 but difference is in way of answering.
Jun 13 2009, 11:48 AM

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