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

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tinymony
post Jun 19 2009, 04:04 PM

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Topace111 thank u very much for your advice + suggestions.
Urm, so I might need to think twice again before making any conclusion. BTW, you completed your optional papers? If so, What papers you took??
Guess ACCA is no joke and work hard after all.
ccjj1234
post Jun 19 2009, 04:55 PM

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QUOTE(Topace111 @ Jun 19 2009, 03:50 PM)
So let say you flung F5 then you have to sacrifice either P1 or F5.
if you choose to continue with P1, then you can take F5 next sitting with another 2 optional paper.
If you choose to take F5 instead of P1 then you need to resit P1 for next sitting with another 2 optional paper.
My advice is stick with P1 even if you did not make it for F5 since you can take optional paper P5 which is very similar with F5.

However since you have preference for both P6 & P7 then need to adjust a little bit.
What I can say is it is not safe to use fundamental papers marks as yardstick or benchmark against professional papers (especially optional).
This is what I can deduce :
F5 with P5 : Both papers are very similar hence (F5 toughest in f papers & P5 easiest in P papers)

F6 with P6 : Both are very different paper as what are tested in F6 wont be tested in P6 (very minimal if did tested). What you learn in P6 is like not add-on like P2 but something totally different since examiner felt if you choose tax as option you need to be more generalised. Hence the scope of tax will get bigger which will cover unit trust, investment holding, regional hubs,.....etc.

F8 with P7 : Both are very different again but not in terms of syllabus like tax but in the format of answering & presentation. F8 examiner stress on format rather than knowledge hence student with work experience may suffer in F8 (wide difference in theory vs practical). However student with working experience in assurance line will benefit in P7. You need to have "business sense" from P3 & good grasp on financial standards from P2. A lecturer told me student who have never worked b4 or lack general knowledge should avoid taking this paper.

F9 with P4 : F9 is subset of P4 since you need all the F9 foundations to do well in P4. F9 normally focus on 1 scenario at a time. P4 brach out those scenario into a "What if" circumstances. So student need to understand everything there is to know or they wont even know how to start. Suffice to say, avoid this paper at all cost unless you are interested in banking.


Added on June 19, 2009, 3:58 pm

I have seen the examiner blog & most student are also confused with his objective.
However i can roughly deduce that he has used a very different book for reference (not BPP or Kaplan) which has sparked the uproar of many students. But you gotta admire those students since they are more interested with knowledge rather than passing. Most petition to have a lower pass rate. Anyway the examiner is in a cheery mood. Some of my classmates bombarded the survey with negative feedbacks about finance.

I was also at Daniel class too, where do you sit ?
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In some extent, tiz examiner raised his book. blink.gif Of coursema, pass is critical, knowledge is less for student.Sorry, its a realistic thought...Maybe its different culture with them.
Btw, I always sit on the behind of line in the class. but till in the revision class, almost no place can sit... blink.gif
I always meet Daniel hol on line recently... biggrin.gif biggrin.gif
MegRyan
post Jun 19 2009, 06:53 PM

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QUOTE(carlosandy @ Jun 19 2009, 02:01 PM)
Since Kwai Fatt still absent for this sitting, may be you can try Chin Ann.

Btw, if Kwai Fatt come back to run IRC (hope he will back la), then it is recommend to go.


Added on June 19, 2009, 2:11 pm

Ha Ha, if really want to go for Philip Woo P1, I think it is better go to KSA la (assume he run P1 in both KSA and Taylor) cos the tuition fee is cheaper.
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For those staying in KL area, going for classes there make sense but those of us in Puchong or Sunway difficlut to go down ler. So many choices now in Sunway and subang. I am interested to know what is the "Case Study" that Mr Michael Manwaring P3 Full Time class offers in INTI . I now know he is very effective help us. Can somebody tell me what is this mysterious Case study?

now got Mr Marcus Ong in Inti for P1 and F8, Arshad in Inti for F5 and P5, Mr Philip woo in Taylor for P1, Kwai Fatt also in PJ. No need lah go to KL. rolleyes.gif

This post has been edited by MegRyan: Jun 19 2009, 06:59 PM
Topace111
post Jun 19 2009, 07:14 PM

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QUOTE(MegRyan @ Jun 19 2009, 06:53 PM)
For those staying in KL area, going for classes there make sense but those of us in Puchong or Sunway difficlut to go down ler. So many choices now in Sunway and subang. I am interested to know what is the "Case Study" that Mr Michael Manwaring P3 Full Time class offers in INTI . I now know he is very effective help us. Can somebody tell me what is this mysterious Case study?

now got Mr Marcus Ong in Inti for P1 and F8, Arshad in Inti for F5 and P5, Mr Philip woo in Taylor for P1, Kwai Fatt also in PJ. No need lah go to KL.  rolleyes.gif
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I doubt anyone can since he has not conducted normal class for a long time.
I remember that last time P3 case study question is very general & had ambiguous requirement. Use wrong model / framework then you will most probably flung the paper. Just imagine so many models but can only apply one to the question.

Michael has been known to teach sound technic on how to approach such question. Like case 1 use A model, case 2 use B model.....etc.
Yep i admit not many will find KL convenient unless your areas is in around Kl or connected by LRT.
I had many friends from Setapak, Puchong, Kepong & Damansara & they complain every time when we had night class (which is all the time in optional class). Then another group from Melaka (imagine 2 hours trip to & from Kl for classes) shocking.gif
TSThanatosSwiftfire
post Jun 19 2009, 07:51 PM

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QUOTE(ccjj1234 @ Jun 19 2009, 01:34 PM)


If u still take p4 , u'd better very often to check this STUPID examiner blog.... he said will put vauable content in his blog.

Anyway, feel very upset I have  some coursemate  who take p4  with me this sitting, next time  the majority of them will change p4 to p5, or p6.... . tiz time  exam made them ???????????????

I really don't know what is purpose of examiner  for this time exam? rclxub.gif  rclxub.gif

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Heh, I'd normally cry foul is the examiner pulls a strange trick in say, P2, or P7, or tax even.. But finance is such a vast field, and it's a very interesting topic. If one thing I think it tests more than any other, is the ability to NOT panic when seeing teh wall of text. It's one of those papers, that you do not just to pass, but do to really add value to yourself. Yeah, if you only aim to pass, fair enough, but I really do not respect people who treat the paper as if it HAS to be something. Life's not damned fair dammit, do expect your examiner to screw with us, especially when they are out to trim passrates.
carlosandy
post Jun 19 2009, 10:57 PM

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QUOTE(MegRyan @ Jun 19 2009, 06:53 PM)
For those staying in KL area, going for classes there make sense but those of us in Puchong or Sunway difficlut to go down ler. So many choices now in Sunway and subang. I am interested to know what is the "Case Study" that Mr Michael Manwaring P3 Full Time class offers in INTI . I now know he is very effective help us. Can somebody tell me what is this mysterious Case study?

now got Mr Marcus Ong in Inti for P1 and F8, Arshad in Inti for F5 and P5, Mr Philip woo in Taylor for P1, Kwai Fatt also in PJ. No need lah go to KL.  rolleyes.gif
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Kwai Fatt in PJ ????????? Are you sure he will run P6 class next sitting?

Are you sure Philip Woo confirm run P1 in Taylor???????

Better email to them to confirm 1st la!


makemebetter
post Jun 20 2009, 12:21 AM

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QUOTE(Topace111 @ May 3 2009, 01:46 PM)
I dont think PTPn will offer loan for professional qualification programme on the assumption that you already have a qualifaction which is sufficient enough to find work before pursuing it. I think sunway offered scholarship but SPM results must be good lo.

Since your main worries is 2 fold : the safety net & financial limitation I think you should stick with TARC programme. If i am not mistaken there is another alternative in tar programme is that you can get advance diploma in 2.5 yr but without taking acca ?
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hey there,you say that ptptn will not offer loan to student who take ACCA at IPTA??
im just graduate from diploma and survive by using ptptn loan...now i want to further study ACCA ..then how if i study as fulltimer also cant make it?? blink.gif cry.gif
eujin
post Jun 20 2009, 02:44 PM

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Has anyone taken P5 with Ian Lim before?what is the commen about?Is it recommended?
carlosandy
post Jun 20 2009, 06:08 PM

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QUOTE(eujin @ Jun 20 2009, 02:44 PM)
Has anyone taken P5 with Ian Lim before?what is the commen about?Is it recommended?
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I think nobody can give you any opinion since he didn't run any P5 class in KL b4. May be you go to try and see how la. If don't want to try, then go to Andrew lo. But if go to Andrew, then need to spend some time for reading yourself in theory part.
BABIyat
post Jun 20 2009, 09:18 PM

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im an Andrew style-lover
so i have to say something here

he will explain the story behind the theory for ONCE (max twice or you make enquiry)
thats it, and you have to memorise at home or use the technic he teaches in the class
(usually he will say like a story so you will remember the picture)

and please dont tell you have studied under any lecturer who teaches you a theory IN THE CLASS and you dont have to study/revise back

if yes... let me know, i also wanna join

whats more, this is a high educational level... you want the lecturer to spell word by word?

peace, i just wanna clarify and say something

ohya, one thing... if you sit at te back of Andrew's class, you're totally dead
because sitting infront and way at the back makes a HUGE different

This post has been edited by BABIyat: Jun 20 2009, 09:21 PM
carlosandy
post Jun 20 2009, 11:36 PM

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QUOTE(BABIyat @ Jun 20 2009, 09:18 PM)
im an Andrew style-lover
so i have to say something here

he will explain the story behind the theory for ONCE (max twice or you make enquiry)
thats it, and you have to memorise at home or use the technic he teaches in the class
(usually he will say like a story so you will remember the picture)

and please dont tell you have studied under any lecturer who teaches you a theory IN THE CLASS and you dont have to study/revise back

if yes... let me know, i also wanna join

whats more, this is a high educational level... you want the lecturer to spell word by word?

peace, i just wanna clarify and say something

ohya, one thing... if you sit at te back of Andrew's class, you're totally dead
because sitting infront and way at the back makes a HUGE different
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Hello, please don't misunderstanding in my post. I'm not saying Andrew is not good, but he really concentrate in calculation more than theory.

I can tell you that, I studied under Andrew class for 2.4 and P5. I always study Management Accounting & Finance under him.

In part 3 paper, student can't just memorise by hard but need to get better understanding and application is more important. As I know Andrew only explain the theory in very simple way. Andrew student need to work more hard in Theory part expecially for P4 and P5. Please remember, in part 3 paper, theory will be more than 60%.

Compare to Chow Kim Tai (I take Chow P5 IRC at the same time in Dec 08), Chow explain in more detail in Theory and calculation. He explain step by step to student on how to answer past year question and application of theory.

Btw, Andrew also got advantage over Chow. Andrew calculation method was very fast, it can help student save a lot of time during exam for concentrate in theory part. Chow method too detail, some time need to waste a lot of time.

Both Andrew and Chow also pro and con. I'm very happy study with this 2 lecturers.

This post has been edited by carlosandy: Jun 21 2009, 01:52 AM
ahpek78
post Jun 20 2009, 11:40 PM

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QUOTE(carlosandy @ Jun 19 2009, 02:01 PM)
Since Kwai Fatt still absent for this sitting, may be you can try Chin Ann.

Btw, if Kwai Fatt come back to run IRC (hope he will back la), then it is recommend to go.


Added on June 19, 2009, 2:11 pm

Ha Ha, if really want to go for Philip Woo P1, I think it is better go to KSA la (assume he run P1 in both KSA and Taylor) cos the tuition fee is cheaper.
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but good for students staying near sybang or Pj . can save lots of travelling time .

ccjj1234
post Jun 21 2009, 12:36 PM

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For me, SUREly can't accept Andrew Pang's teaching....Sorry, its personal view....Once took his paper before.Especailly no patient to answer the student Qs after class break... sad.gif
~Mew~
post Jun 21 2009, 12:39 PM

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QUOTE(ccjj1234 @ Jun 21 2009, 12:36 PM)
For me, SUREly can't accept Andrew Pang's teaching....Sorry, its personal view....Once took his paper before.Especailly no patient to answer the student Qs after class break... sad.gif
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Reminds me of Mr.Spencer. My friend told me that she wanted to ask question after class but he said his wife is waiting for him to fetch him back already shakehead.gif
kobe8byrant
post Jun 21 2009, 04:43 PM

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Hey guys, I'm going to finish all my degree subjects by next June (2010) and I doubt I can get all the paperwork done in time for me to get exemptions and sit for the December sittings but I was wondering which of the optional papers for Part 3 would be considered 'easy'? Of course, I'd expect that there aren't any easy papers but which paper would people normally prefer to sit for?

And secondly, I'd like to attend lessons in July 2010 for 3 papers in an institution, are there any where the lecturers do not check attendance and I can just stinge off his knowledge? Haha...and if not, any learning institution that is cheap and renowned? I heard good things about TAR and Kasturi : / Sunway seems to be pricey...

I'm thinking of taking P4 and P5 because my university's level for Tax and Audit may not be of ACCA's standard so taking Advanced Tax and Audit may mean I would require a lot of backtracking. So I was wondering if P4 and P5 are linked with any part 1 or part 2 subjects or.....?

This post has been edited by kobe8byrant: Jun 21 2009, 04:57 PM
Topace111
post Jun 21 2009, 05:25 PM

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QUOTE(kobe8byrant @ Jun 21 2009, 04:43 PM)
Hey guys, I'm going to finish all my degree subjects by next June (2010) and I doubt I can get all the paperwork done in time for me to get exemptions and sit for the December sittings but I was wondering which of the optional papers for Part 3 would be considered 'easy'? Of course, I'd expect that there aren't any easy papers but which paper would people normally prefer to sit for?

And secondly, I'd like to attend lessons in July 2010 for 3 papers in an institution, are there any where the lecturers do not check attendance and I can just stinge off his knowledge? Haha...and if not, any learning institution that is cheap and renowned? I heard good things about TAR and Kasturi : / Sunway seems to be pricey...

I'm thinking of taking P4 and P5 because my university's level for Tax and Audit may not be of ACCA's standard so taking Advanced Tax and Audit may mean I would require a lot of backtracking. So I was wondering if P4 and P5 are linked with any part 1 or part 2 subjects or.....?
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In Kl you can literally skip all classes & nobody will even care about it.
If i am not mistaken ACCA offers maximum exemption for all fundamental papers & all graduates are required to sit for 3 core + 2 optional professional paper. Any graduates cannot attempt optional until they cleared core papers which is P1, P2 & P3.

P4 finance the killer paper of all optional paper with pass rate around 30% to 40% but that applies to world rate. In MYS its not unheard of to have only 1 student pass out of 30 or 40 student. P5 is slightly easier. P4 & P5 does linked to the fundamental papers which is F5 for P5 & F9 for P4.
ahpek78
post Jun 21 2009, 05:26 PM

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QUOTE(~Mew~ @ Jun 21 2009, 12:39 PM)
Reminds me of Mr.Spencer. My friend told me that she wanted to ask question after class but he said his wife is waiting for him to fetch him back already  shakehead.gif
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hopefully all lecturers will have consideration towards we students . (But not all behave like this) Mr Haneef is a good lecture will answer all questions after class

kobe8byrant
post Jun 21 2009, 06:49 PM

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QUOTE(Topace111 @ Jun 21 2009, 05:25 PM)
In Kl you can literally skip all classes & nobody will even care about it.
If i am not mistaken ACCA offers maximum exemption for all fundamental papers & all graduates are required to sit for 3 core + 2 optional professional paper. Any graduates cannot attempt optional until they cleared core papers which is P1, P2 & P3.

P4 finance the killer paper of all optional paper with pass rate around 30% to 40% but that applies to world rate. In MYS its not unheard of to have only 1 student pass out of 30 or 40 student. P5 is slightly easier. P4 & P5 does linked to the fundamental papers which is F5 for P5 & F9 for P4.
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Well in that case, which of the optional papers would you recommend?
Topace111
post Jun 21 2009, 07:20 PM

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QUOTE(kobe8byrant @ Jun 21 2009, 06:49 PM)
Well in that case, which of the optional papers would you recommend?
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First of all you have not attend any of those fundamental class that linked to the professional option that you wish to take.
If you wish to disclose more info on what you learned in degree, perhaps I can compare your course & acca syllabus. (it will take a while though)
You can pm me if you wish.
carlosandy
post Jun 21 2009, 10:31 PM

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QUOTE(kobe8byrant @ Jun 21 2009, 06:49 PM)
Well in that case, which of the optional papers would you recommend?
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Actually very hard to give recommendation unless you told us what you are most interest in option paper.

Btw, I think you better think the 3 core paper (P1 to P3) 1st since you don't have any exemption on professional level. This 3 core paper also not easy.

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