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

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Topace111
post Jun 13 2009, 11:48 AM

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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 smile.gif ) 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.
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.
ccjj1234
post Jun 13 2009, 12:05 PM

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Yes, Mr Orange P4 lecturer is good experienced teaching. flex.gif

P4 examiner personal blog:
http://professorbobryan.blogspot.com/
florencensm
post Jun 13 2009, 03:48 PM

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QUOTE(Topace111 @ Jun 13 2009, 11:48 AM)
P4 is useful especially if you need to enter banking industry like commercial bank & investment banking.
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.
*
that day i go MC orange they tell me the mc orange will teach taylor also and chow will teach at there! but i find at taylor website no any information about acca at taylor?

Topace111
post Jun 13 2009, 03:51 PM

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QUOTE(florencensm @ Jun 13 2009, 03:48 PM)
that day i go MC orange they tell me the mc orange will teach taylor also and chow will teach at there! but i find at taylor website no any information about acca at taylor?
*
Oh Mco under Daniel team & Ian team will handle separately the division of acca in KDU & Taylor respectively. If I am not mistaken haneef & Sheila is under KDU while others at taylor.
candicelkm
post Jun 13 2009, 06:04 PM

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hi guys! i am planning to start my OBU but still undecided on which topic to choose. I m planning to do it in sunway but have not paid the fees yet coz Mr. Goh is no more available. I m planning to get either Dinesh, Joyce or Geetha since they are the only ones available. Plz give me some advise. Thx!
Raymond_ACCA
post Jun 13 2009, 07:47 PM

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erm, in Sunway, there are 2 very famous and good for OBU. It was Mr.Goh and Mr.Marcus. Now since Marcus already move to INTI, He is only charging 3k+ I think. Why not try there? Cheaper somemore - -. And he's willing to go to medan foodcourt if its inconvenient for u lol, (especially those in hostel) as far as I heard la.
kuntaker
post Jun 13 2009, 09:01 PM

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Hi all , I would like to ask about P2 paper ,
why is it consider a killing paper?
mind share some experience?
as im going to take next term.

only thing i heard is that F7 is dif from P2, but the reason im not very sure ..

icyblue
post Jun 13 2009, 09:22 PM

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QUOTE(shiningstar101 @ Jun 11 2009, 12:11 PM)
I definitely agree Chin Ann is a dedicated and friendly lecturer. He could speak cantonese, mandarin and english well. So u won't find any problems in approaching him and asking him questions.

But one thing u need to take note, although he's considered as an "experienced lecturer" after so many years of teaching, but one of the drawbacks about him is that he's lack of practical experience.

Believe it or not, u could make a comparison after attending Philip Woo and Parmindar's classes. You would then find that Chin Ann couldn't provide you with some real life scenario and examples.

After reading so many "Good feedback" about Chin Ann, i think i should also state this " little not-so-good feedback" about him.

Hope everyone could make a better choice of lecturers after taking into account advices given by forummers.
*
as someone who study under him previously i highly agree with your above statement-but it's not to say he's bad.he's good for those who has lecturer who tell them more about practical experience and does no have a full picture of f8 and it's knowledge-then chin ann is highly reccommended.he has student friendly notes(needs to copy in class) and his revision classes r very good .


i need to ask if there's any good f9 lecturer for next sitting.if daniel ho is unavailable,who else can be recommended?
my friend wants me to recommend...and she's not from kl so i need to give her the right info,since i dunno about anyone else other than daniel ho or chow kim tai sad.gif

QUOTE(kuntaker @ Jun 13 2009, 09:01 PM)
Hi all , I would like to ask about P2 paper ,
why is it consider a killing paper?
mind share some experience?
as im going to take next term.

only thing i heard is that F7 is dif from P2, but the reason im not very sure ..
*
i only take p2 briefly last sitting b4 i defer...it's totally different knowledge,but with the requirement that u know those f7 knowledge.
and it's " abstract"
u need to think a lot,so i reccommend a good textbook with good examples(although i dunno which ones r good smile.gif )

_______

i do think i forgot to reply one post sad.gif please inform me if it is yours
Topace111
post Jun 13 2009, 09:45 PM

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QUOTE(kuntaker @ Jun 13 2009, 09:01 PM)
Hi all , I would like to ask about P2 paper ,
why is it consider a killing paper?
mind share some experience?
as im going to take next term.

only thing i heard is that F7 is dif from P2, but the reason im not very sure ..
*
P2 is not a killing paper, far from it. (F5 & P4 is the killing paper currently)
Its the transition problem but I do admit the examiner is very wicked / cunning / devious ......etc.
In F7 students can easily expect the type of question to be asked like a guarantee of
Qs 1 : Consol
Qs 2 : Published a/c
Qs 3 : Ratio / cashflow
Total : 75 marks
Qs 4 & 5 : On accounting standards (25 marks)
Okay not to brag here but I scored above 8x in F7 since qs is very direct & only time management is involved. If you can finish all question in time chances are you will get high marks.

In P2 its more on IAS / IFRS with around 50 marks instead of 25 previously. The ratio of calculation : theory is always around 45 : 55.
So students whom are very comfortable with F7 style may suffer in P2 (like me tongue.gif since my marks around 5x+).
1) No more trend (qs can be consol, cashflow or even published a/c only)
2) Merge of standards (they can ask a combination of standards like Deferred tax & employee benefits together). In F7 its always the standard on its own without effect on other standards.
3) Examiner assume you already have solid foundation in F7 so qs may also asked F7 with P2 stuff.
4) Lecturer :
This will not be a problem if you stick with the same lecturer but if you change lecturer from F7 to P2 then a transition problem may occur again. All lecturer have their own methods of dealing with P2 & its not easy to accomodate or consolidate both especially when they had conflicting arguments.
But such conflict may be more relevant in tax where there is constant cases where the examiner had a differing view compared to general public.

If I am not mistaken the examiner of F7 is a student to P2 examiner.

MegRyan
post Jun 13 2009, 10:42 PM

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Can somebody confirm that Michael Manwaring P3 lecturer is teaching in Inti Subang in July 09? Is it full time or part time? I heard he is quite good.
shiningstar101
post Jun 13 2009, 10:58 PM

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QUOTE(Topace111 @ Jun 13 2009, 11:48 AM)


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)


*
So far as i know, Alan Yeo is not a marker for any papers.. but it's the fact that he knew a few markers for P6. However, he knew the marking as well as the setting of pass rates well.
I attended both Chin Ann's class and Alan Yeo's classes before. so i think i could give my piece of advice here.

Chin Ann is a friendly and funny lecturer. He could deliver his lecture in a lively way. He could give u explanation on a topic in a more simple and easy to understand way. he did write a lot and as if writing for exam. He would create his own questions for practice during class. But the only disadvantage as i mentioned in my earlier post, he couldn't share any practical experience with you.

Whereas for Alan Yeo, sometimes you might find difficult in understanding his lecture, especially when u didnt revise the previous lecture. Hence, this would force me to revise and keep up to date with his lecture. But if u are hardworking and revise everything after classes, u would find his lecture very useful. He's a very practical lecturer. he would share his experience in dealing with his client when he covered particular topic. He's definitely a friendly lecturer too as he would share other student's queries with all students in class.

However, for F6, it would be still acceptable since there's not much application needed in exam. But for P6, i would strongly recommend you to try Alan Yeo provided you're hardworking to do revision after each lecture. Although there're many student commented that Alan's lecture is quite bored, but believe what i experience, he did improve in his way of teaching.

P/S: There's no offence to anyone in this post. I just wish to share my experience with all students here.



kuntaker
post Jun 13 2009, 11:29 PM

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QUOTE(Topace111 @ Jun 13 2009, 10:45 PM)
P2 is not a killing paper, far from it. (F5 & P4 is the killing paper currently)
Its the transition problem but I do admit the examiner is very wicked / cunning / devious ......etc.
In F7 students can easily expect the type of question to be asked like a guarantee of
Qs 1 : Consol
Qs 2 : Published a/c
Qs 3 : Ratio / cashflow
Total : 75 marks
Qs 4 & 5 : On accounting standards (25 marks)
Okay not to brag here but I scored above 8x in F7 since qs is very direct & only time management is involved. If you can finish all question in time chances are you will get high marks.

In P2 its more on IAS / IFRS with around 50 marks instead of 25 previously. The ratio of calculation : theory is always around 45 : 55.
So students whom are very comfortable with F7 style may suffer in P2 (like me  tongue.gif  since my marks around 5x+).
1) No more trend (qs can be consol, cashflow or even published a/c only)
2) Merge of standards (they can ask a combination of standards like Deferred tax & employee benefits together). In F7 its always the standard on its own without effect on other standards.
3) Examiner assume you already have solid foundation in F7 so qs may also asked F7 with P2 stuff.
4) Lecturer :
This will not be a problem if you stick with the same lecturer but if you change lecturer from F7 to P2 then a transition problem may occur again. All lecturer have their own methods of dealing with P2 & its not easy to accomodate or consolidate both especially when they had conflicting arguments.
But such conflict may be more relevant in tax where there is constant cases where the examiner had a differing view compared to general public.

If I am not mistaken the examiner of F7 is a student to P2 examiner.
*
ou ..ok thanks..
that mean i really nid to be solid in F7..
nid mark up more..

1 more thing to clarify,in P2 normally will lecturer wont be able to finish teaching the subject?or IAS?

`twinkles
post Jun 13 2009, 11:35 PM

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QUOTE(icyblue @ Jun 13 2009, 09:22 PM)
as someone who study under him previously i highly agree  with your above statement-but it's not to say he's bad.he's good for those who has lecturer who tell them more about practical experience and does no have a full picture of f8 and it's knowledge-then chin ann is highly reccommended.he has student friendly notes(needs to copy in class)  and his revision classes r very good .

*
Do you mean he can share with us about practical experience as well? I thought he does not have much practical experience? Frankly, I don't really get your point here, mind explaining again blush.gif ?

Topace111
post Jun 14 2009, 12:07 AM

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QUOTE(shiningstar101 @ Jun 13 2009, 10:58 PM)
So far as i know, Alan Yeo is not a marker for any papers.. but it's the fact that he knew a few markers for P6. However, he knew the marking as well as the setting of pass rates well.
I attended both Chin Ann's class and Alan Yeo's classes before. so i think i could give my piece of advice here.

Chin Ann is a friendly and funny lecturer. He could deliver his lecture in a lively way. He could give u explanation on a topic in a more simple and easy to understand way. he did write a lot and as if writing for exam. He would create his own questions for practice during class. But the only disadvantage as i mentioned in my earlier post, he couldn't share any practical experience with you.

Whereas for Alan Yeo, sometimes you might find difficult in understanding his lecture, especially when u didnt revise the previous lecture. Hence, this would force me to revise and keep up to date with his lecture. But if u are hardworking and revise everything after classes, u would find his lecture very useful. He's a very practical lecturer. he would share his experience in dealing with his client when he covered particular topic. He's definitely a friendly lecturer too as he would share other student's queries with all students in class.

However, for F6, it would be still acceptable since there's not much application needed in exam. But for P6, i would strongly recommend you to try Alan Yeo provided you're hardworking to do revision after each lecture. Although there're many student commented that Alan's lecture is quite bored, but believe what i experience, he did improve in his way of teaching.

P/S: There's no offence to anyone in this post. I just wish to share my experience with all students here.
*
You have sat for both lecturer for P6 ? or both lecturer but under different paper ?


Added on June 14, 2009, 12:13 am
QUOTE(kuntaker @ Jun 13 2009, 11:29 PM)
ou ..ok thanks..
that mean i really nid to be solid in F7..
nid mark up more..

1 more thing to clarify,in P2 normally will lecturer wont be able to finish teaching the subject?or IAS?
*
We dont have to study many standards for P2 : should be < 10 important ones.
However you really need to know everything inside the standard.
I think most lecturers can complete it in time (with exception of keith Farmer who will extend it to revision class) but its the depth they lecture which may varied from time to time.

Qs 1 consol (50 marks) will normally have 6-7 standards which you need to calculate & explain independently & then consolidate all at once for the final draft.
Qs 2,3 & 4 (choose 2) is all about standards.

This post has been edited by Topace111: Jun 14 2009, 12:13 AM
icyblue
post Jun 14 2009, 12:46 AM

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QUOTE(`twinkles @ Jun 13 2009, 11:35 PM)
Do you mean he can share with us about practical experience as well? I thought he does not have much practical experience? Frankly, I don't really get your point here, mind explaining again blush.gif ?
*
ie on technical terms such as anayltical procedure and such.

no,he does not give much practical knowledge in class-i 'm afraid i delete some chunk of words that makes u dont understand it smile.gif
kuntaker
post Jun 14 2009, 08:45 AM

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QUOTE(Topace111 @ Jun 14 2009, 01:07 AM)
You have sat for both lecturer for P6 ? or both lecturer but under different paper ?


Added on June 14, 2009, 12:13 am

We dont have to study many standards for P2 : should be < 10 important ones.
However you really need to know everything inside the standard.
I think most lecturers can complete it in time (with exception of keith Farmer who will extend it to revision class) but its the depth they lecture which may varied from time to time.

Qs 1 consol (50 marks) will normally have 6-7 standards which you need to calculate & explain independently & then consolidate all at once for the final draft.
Qs 2,3 & 4 (choose 2) is all about standards.
*
ou..ok , thanks for the clarification
hope lecturers does go in depth on what we really need..


sjacca
post Jun 14 2009, 08:47 AM

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thumbup.gif Good news! Michael Mainwaring is teaching at INTI College Subang.

MegRyan
post Jun 14 2009, 01:30 PM

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I heard from my friends that Sunway P3 Mr Dinesh is a new lecturer. Compared to Ms wong, she is better. How about Michael Manwaring? its posted that he is now teaching in Inti Subang this July2009, Wow. so many to choose. How to compare qualities between the 3?

Also, how much is INti fees? expensive, ah? I don't come from rich family. sad.gif

I hope to see comments from my seniors who experienced the classes.
Topace111
post Jun 14 2009, 02:06 PM

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QUOTE(MegRyan @ Jun 14 2009, 01:30 PM)
I heard from my friends that Sunway P3 Mr Dinesh is a new lecturer. Compared to Ms wong, she is better. How about Michael Manwaring? its posted that he is now teaching in Inti Subang this July2009, Wow. so many to choose. How to compare qualities between the 3?

Also, how much is INti fees? expensive, ah? I don't come from rich family. sad.gif

I hope to see comments from my seniors who experienced the classes.
*
Michael mainaring has been teaching for so long he is considered a pioneer or sort for business paper.
He is teaching in England & has many contact & network within acca community.
The last time he conduct a full time class here hundreds of students rushing to join irregardless of the fees charged.
My opinion is if he is teaching go for it.

Btw i am not sure about others but there is parmindar if you are interested but when Michael comes to town you gotta grab such oppurnity. his practical experience is invaluable for P3 students.
ccjj1234
post Jun 14 2009, 03:21 PM

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You can check

http://www.acca-success.com/images/accaessen.pdf

Tuition Fee:

July Intake RM 1300

August Intake RM 1100

Application Fees RM 100

Above is inti, in Mr Orange, he also opened the class, please check www.oic.edu.my

Anyway, perminder is detail lecturer, he can cover whole syllabus in class, however, for the other part he got some drawback. RI is repeat the theory, RE is read the past year question... : rclxub.gif rclxub.gif

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