my acc base it quite bad..nv study properly..play only..haaa

If you are confident of your ability then start straight away & you may straight pass all your paper & finish entire acca programme in 2.5 yr to 3 yr.
If you want extra security then take up a degree first & get maximum exemption of 9 papers (exemption depends on degree relevance)
ACCA is meant as post-graduate programme in UK but they are a bit lax in filtering new students so you will have students from all different backgrounds.

One thing about acca is that the paper will become more difficult as you progress and hardwork alone will not guarantee any success. If your analytical & logical skill is strong it should be ok, as the paper becomes less accounting in advance level & more advisory in nature.

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Added on April 14, 2009, 11:56 pm

Sunway is famous for CAT & PART of acca programme. At advance level speciallist lecturer not centre will be more advisable.

Regarding the degree difference it will be different based on college reputation, geographically & cost involved. I think there is a forum in real world issue discussing about degrees difference.

I have met some who argued before about ACCA vs CPA, i cannot say which one is better like (Coke vs Pepsi analogy) but I can quote facts :
- ACCA exam is purely in writing but CPA is objective paper
- ACCA has lower passing rate compared to CPA
- You can take acca in MYS but you can only take CPA in australia as there is no tuition provider here & CPA has very little exposure
- ACCA has more exposure in MYS compared to CPA & many company are more related to acca than cpa.
- In terms of finding job chances are you will find more acca holder employer than cpa holder (so you decide whom is easier to get hired)
- ACCA is more accomodating in terms of suiting local business adjustments so for certain subject you will have to learn in MYS & International version but I don't think CPA will do that. You will only take CPA if you want to work in Australia.
- For fresh graduate your salary will be the same whatever you have, whatever you earned later depends on your IQ & EQ so if you don't know how to stay in the game less salary for you. But with acca / cpa your increment salary will be higher than degree holder. So far I havent heard anything about CPA earned higher than acca holder purely on that basis alone. I was interested where you actually get that info from. PM me if you don't mind.

Now if you follow foreign blog / forum you will see the majority in the world will agree between the comparison of CPA vs ACA vs ACCA, acca is deemed the better overall terms.

CPA is also available in USA but that is different from the one in australia.

The universally accepted point is :
CPA = you want to work there then take this qualification else it will be not that synergy in other country
ACCA = you want to work everywhere then take this qualfication.

ACCA is more globally orientated but CPA is restricted to that country governance & standards like Australia & US. So why take CPA & then work in MYS plus what you learned in CPA some of it you cannot apply at all in MYS.

Hope you appreciate the answers

ACCA class is very flexible & lesser compared to degree. Its not that stressful in class as there is no project & homework. So you need to be hardworking on your own as lecturer never force you to study. In that case a degree is recommended instead of approaching acca straight away.

thanks bro. thanks a lot. regarding the one where i sad i heard people saying that getting a cpa would give u a higher salary, i think i saw someone commented on it in one of the topics in this forum here. he/she said that cpa is a kind of gold standard for accountancy.

again, thanks a lot. didn't knw that someone would actually spend his time n reply this long for me. thanks a lot. hehe. appreciate it. =)

i'm currently studying foundation in UTAR. planning where to do my accountancy degree. dad said he will send me to KL to uni like Sunway to do degree or maybe HELP to do twinning program to australia for accountancy. any opinions u have for me?

FINANCIAL INSTRUMENT Chapter

Is Financial Instrument : Hedge Accounting important ??

I wan to skip Hedge Accounting lo...

Can ??

I think most probably I'll be doing my final year degree in Australia for the accountancy. But what if I do not stay in Australia and work and come back to Malaysia? Will getting a CPA do me harm cause as you said, ACCA is more to Malaysia while CPA is for Australia. Can I do my final year degree for accountancy in Australia and do not take the CPA but come back to Malaysia to do the ACCA? Besides, there's also a person commenting on this forum saying that we can actually convert the CPA to ACCA when we're back in Malaysia? Is there such thing?

After reading all the replies for everyone, indeed, ACCA is a better one but I'll be doing my final year in Australia, that's why I' quite confused now. If I'm doing my ACCA, I don't think I need to go to Australia. But I wanna experience going to overseas for studies. It would burn a really big hole in my dad's pocket if I go to UK for study. So, Australia would be a better option.

Here are the options that I'm having right now.

Sunway UC - Accounting and finance = 3+0 ( 3 years in malaysia study ) = rm40k - local degree
Taylors UC + UniSA - Accounting only =  2+1 ( 2 years in Taylors + 1 year in Australia ) = rm90k - overseas degree but UniSA is not in the Group of Eight
HELP UC + Uni of Adelaide - Accounting only = 1+2 ( 1 year in HELP + 2 years in Australia ) = rm120k - overseas degree and Uni of Adelaide is in the Group of Eight
Monash Uni - Accounting and finance = 3+0 ( 3 years in Monash Malaysia ) = RM90k - doing it local but the degree is considered overseas and Monash is also in the Group of Eight
LAST OPTION - UTAR - Accounting only = 3+0 ( needless to say 3 years in Malaysia la ) = rm35k - local degree
So guys, any suggestions? I would love it. Be it good or bad. I love to hear from you all.

Thank you.

I have discussed such topic with my other P2 friends last sitting. If memory serves prominent lecturers like Joe & Keith did not touch this topic at all. Even haneef just touched briefly.
Later in optional paper my finance lecturer told me the hedging part you should learn finance to first understand it before doing accounting recognition (last time finance comes togehter with reporting). So with that reasoning its hard to test student on calculational part of it.

But to be on safe side you should know the teory a little bit since they can test that portion :
1) The definition / difference of Hedging instrument & hedged item.
2) 5 condition to qualify for hedge accounting.

The hedging is part of financial instrument which is a main area but with many subtopic so hedging probability of coming out is quite low but possible.

Thanks a lot !!

IF these 2 famous lecturers don't touch it AT ALL, I will skip it ...   "HEDGE ACCOUNTING"

Since I find it is more FINANCE related. Instead of Corporate reporting.

Actually, Mr Haneef just covered Hedge Accounting on Tuesday. Not really much to cover, but If I were you, I wouldn't skip it completely. It will be beneficial to learn the definition, how to categorise and their respective treatment. Afterall it's not that much to learn

The reason why most people find Haneef is boring is because his lecture is pretty straightforward, like a walking encyclopedia. He goes real slow in his explanation, and loves doing those 'what if' analysis, and going for the worst case scenario situation. But I think if you're willing to learn and have a strong will to absorb knowledge, Haneef's class should be okay for you.

His calculation is very classic(journals and T accounts), which I find it usefull especially when working, for exam purposes if you're creative enough you should be able to invent your own short cut to do the calculation.
Oh yeah I wanna ask one question, I've sent my exam entry with bank draft like 3 weeks back through registered mail, and untill now the website claims I still haven't send my exam entry form, so tonight I'm going to pay online.

So just wanna ask, what will happen if I already registered online, then somehow the bank draft reached ACCA just in time also. Will ACCA credit my account with the surplus fees? Or they will just refuse the payment?

i just checked the revision class for joe fang and haneef.  I didn't know that the fee difference will be this big.  Joe Fang in KSA is 300 and Hannef in McO is 450.  why ar?

i just checked the revision class for joe fang and haneef.  I didn't know that the fee difference will be this big.  Joe Fang in KSA is 300 and Hannef in McO is 450.  why ar?