ACCA v5. This thread is meant for

*Strictly on serious talk regarding ACCA/CAT tuition providers
*comment on lecturers
*exam/study tips

please do not spam here ya...

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3.Learn how to use "edit" located bottom right of your post.


1) Previous thread to refer: ACCA
http://forum.lowyat.net/index.php?showtopic=116302&st=2600

2) Toughest ACCA Paper, Vote For The Most Challenging ACCA Paper
http://forum.lowyat.net/index.php?showtopi...9&#entry9571649

3) ACCA Textbook,Revision Kits and Passcards by FTMS
http://my.ftmsglobal.com/downloads_enrolme...alOrderForm.pdf

4) Coolly's personally opinion on paper 3.5 and 3.7 in FTMS ( newly added )
http://forum.lowyat.net/topic/379762/+340# (Post 359)

1) ACCA Official Website:
http://www.accaglobal.com
2) ACCA 2007 New Syllabus Info
http://www.accaglobal.com/horizon/

3) Lowyat ACCA/CAT's chat
http://forum.lowyat.net/index.php?showtopic=362089

4) Lowyat Auditor Yam Cha Section
http://forum.lowyat.net/index.php?act=ST&f=23&t=331577

5) FTMS Website
http://my.accaglobal.com

6) Orange International College (formerly McOrange) (OIC or McO)
http://www.oic.edu.my/professional.html#acca

7) Kasturi Website (KSA)
http://www.ksacitycampus.com/

8) Global tuition providers
http://www.accaglobal.com/students/study_e...tion/providers/

9) Approved textbook publishers
http://www.accaglobal.com/students/publications/publishers

10) PAAC Home Study Programme(newly added)
http://www.paac.edu.my/Home%20Study%20Plan...d%20061206).pdf

11) Kolej Bandar Website (KB)
http://www.calow.biz/

thumbup.gif Recommended Lecturers thumbup.gif

Understand there are many people looking for part time course to pass their acca soonest possible and the followings are a few lectures recommended by people who had passed thier ACCA paper

The following recommended lecturers are based on individual's personal opinion...please use it at your own risk... laugh.gif

Note:The number shown in () refers to the relevant old syllabus paper.

Fundamentals Level - Knowledge module (F1-F3)

F1 Accountant in Business AB(1.3)
Chang Shew Leng (KSA)

F2 Management Accounting MA(1.2)
Low Chin Ann (KB)
Miss Sunita (PAAC)

F3 Financial Accounting FA(1.1)
Yap Kok Wah (KB)
Miss Sunita (PAAC)


Fundamentals Level - Skills module (F4-F9)

F4 Corporate and Business Law CL(2.2)
Viknes (KBandar)

F5 Performance Management PM(N/A)
Ian Lim (McO/OIC)
Andrew Pang (KSA)

F6 Taxation TX (2.3)
Alan Yeo (KSA)
Low Chin Ann (KB)
Wong Paik Wan (McO)
Siva Nair (FTMS)
Choong Kwai Fatt (Segi) (Revision class only)

F7 Financial Reporting FR(2.5)
Haneef (McO)
Joe Fang (KSA)

F8 Audit and Assurance AA(2.6)
Sheila (McO)
Philip Woo (KSA)
Low Chin Ann (KB)
Fung Chee Kong (FTMS) ( RI Only )

F9 Financial Management FM(2.4)
Daniel Ho (FTMS)
Andrew Pang (KSA)
Steve Lumby (McO) *RI only

Professional Level - Essentials (P1-P3)

P1 Professional Accountant(N/A)
Sheila (McO)
Philip Woo (KSA)

P2 Corporate Reporting CR(3.6)
Haneef (McO)
Ms Menon (Sunway)
Joe Fang (KSA)

P3 Business Analysis BA(3.5)
Michael (McO - Revision only))
Parminder (KSA)
Wong Siew Choo (FTMS)
Martin (FTMS) *Revision only
Phillip Woo (Revision only)

Professional Level - Options (P4-P7)

P4 Advanced Financial Management AFM(3.7)
Daniel Ho (FTMS) (of an uncertain future...)
Andrew Pang (KSA)
Mr Chan (OIC)

P5 Advanced Performance Management APM(3.3)
Andrew Pang (KSA)
Chow Kim Tai (OIC/McO)

P6 Advanced Taxation ATX(3.2)
Chow Chee Yan (McO) Revision only
Low Chin Ann (KB)
Chong Kwai Fatt (Segi)(maybe yes maybe no lah)

P7 Advanced Audit and Assurance AAA(3.1)
Fung Chee Kong (FTMS)
Jackson (KSA)
Sheila (McO) (revision only)b

This post has been edited by ThanatosSwiftfire: Oct 20 2009, 06:31 PM

posted this in V4:



"anyone going KSA revision class for F8?? which lecturer shud i choose >.< "


please help !

You can go to KSA website to download.

I strongly recommend you choose Philip Woo cos he is very good and experience lecturer for F8.

I can tell you some la:

Goh Wern Yit no longer teaching

Viknes teach in Kolej Bandar (KB)

Chow Kim Tai only teach P5 at Mc Orange (MCO)

F5 teach by Ian Lim in MCO

Philip Woo also teach P3 in KSA, but only for revision class

P6 can add in Low Chin Ann. CKF just write "may be yes, may be no". Ha Ha, even he run class, I think should be SEGI la.

P7 can add in Sheila, but only revision class

wutz , so fast v5 adi .
too many accountants produced.......

I can do it also but since its not the first one quite for others to refer. I think recommendation alone will span entire pages for lecturers alone (if you want the details I mean). i think students wants to know the lecturers main style too.

This post has been edited by Topace111: Apr 5 2009, 01:12 AM

ahahaha, then have to trouble u to prepare ur comments d lor carlosandy maybe can prepare his opinion on the lecturers oso, especially those he been through.

Forgot to tell you college for some lecturer:

P6 - Low Chin Ann (KB), Choong Kwai Fatt (SEGI, may be yes, may be no)

P7 - Sheila (MCO) - Revision only

This post has been edited by carlosandy: Apr 5 2009, 06:53 PM

Chow chee yen only revision I think.
Daniel Ho future is still uncertain in FTMS & he always give ambiguous reply when approached.

oh... so fast new thread jor...

Congras on ACCA

the guide links don't work bro

Erm, which one??

these

I looked at the raw code I know why now

Hi, what is EC product ? (BPP text book on social & environmental audit)

EC stand for European Commission ? Or what ?

This post has been edited by moon yuen: Apr 7 2009, 10:52 AM

You mean products with a logo of EC? That want, if I'm not mistaken, should be a certification, that the product is safe, something like SIRIM

Nice, V5! Goodluck studying to all ACCA students

What I learn in P1 important thing to note in enviroment is to get eco-labelling.
Eco labelling separates into 2 component : ISO 14000 (internal practices) & EMAS (public reporting issues)
Another thing is to set env policy : CERES.

Other than that I don't think they will ask small details like what is EC product. Even so environmental stuff in P1 is less likely to be tested compared to other areas. If they want to ask they need to go very specific like asking requirements of ISO 14000. I don't think many students can remember that

One more thing, it very uncommon for students to study theory papers based on textbook like audit, P1 & P3 as most of the time what you read will not even be tested in exam. Even lecturers rarely use textbooks for P1 thats why need some experience & extra exposure to prioritise on relevant topics.

anyone receive acca fundamentals level certificate d?

I want to sit for next exams sitting at Kasturi but I cannot find
Kasturi College in the ACCA Portal / myACCA.

Anyone pls help me

This post has been edited by jurgita: Apr 8 2009, 11:35 AM

You can get some KSA (Kasturi) info from the following website.

http://www.ksacitycampus.com/acca_overview.htm

Btw, if you want to get more info, then can call to their office. I prefer you contact Ms Jessie Chong cos she is a ACCA course consultant there.

For those with working experience, are you allowed to run your own "online " or freelance services/ business(not related to job of course) if you are engaged with any firms?

Or is it in breach of contract?

If from those employee who is also pursuing extra education then the company s(he) is working with will be more tolerable (if not bonded).
For some that is bonded then finding side income is definitely out of the question. (Reasoning could be time constraint).

I think as long as the side job will not affect your job performance or jeorpadise company trade secret or in direct competition with the company then company will be more tolerable. However most do it in discreet form of manner to avoid detection. Its like you already have a girlfriend but also seeing other girls kind of situation.

Hi all. regarding the exam centre.
Wanna know can I choose Sunway College but I'm not Sunway student?
Or which centre had a high passing rate?
thanks.

ya u can choose sunway even if u are not sunway student,but why do you wan to choose centre that has higher passing rate?

haha, if last time , u are in CHOONG Kwai Fatt Class..

HE always told us to avoid taking in Sunway or TARC as exam centre because they have most of prizewinners there...
Ur posssibity of passing may be lower...

ya agree,my lecturer also tell me that..but how true it is,no one knows...

Well, eventually, if you take Sunway, the chances to pass is lower unless you are very good lor. Many people said that.

Chances to pass is lower?
Maybe you should rephrase and say chances to get prize lower, but pass is easy, if you STUDY
Many people say that because they don't work hard enough

Sunway has too many students taking ACCA and the passrate is always higher than world pass rate.

take,(A) 10 people go for exam and 8 pass, or (B).1000 people go for exam and 600 pass. How objective is your judgement? you want a high relative measure, go for (A), 80%
However (B), eventhough its 60% pass rate, but the absolute number of students passed is 750%higher
Just like the arguments for ROI and RI

I think the chance to pass rate nothing relate to higher or lower passing rate in that centre.

Some time need to depend on your luck oso. I got friend take P1 to P3 in TARC exam centre last sitting, he don't heve time study P2, but finally he can get 52m in P2. P2 so difficult, some more take in higher passing rate TARC, so we can said?

Nonsense la, even if you go to KL colleges/segi/ wherever and you don't study, you will still fail.

---

Added on April 10, 2009, 9:16 pmThis one is psychology, if the marker keeps on marking good paper, eventually his standard would be higher and his marking would be stricter, compared to going to some other exam centers where the scripts are all of low quality, and the markets kept seeing bad answers, and eventually his standard of marking will be lowered, and hence if you can give good answers, the examiners will definitely be impressed.

This post has been edited by karhoe: Apr 10 2009, 09:16 PM

No wonder Malaysia can produce so many prizewinners with such geographical factors & mentality. Bravo chaps

that is why many student wan to avoid sunway

This post has been edited by winongcf: Apr 10 2009, 11:06 PM

Lol. Of course, but like what you say, psychology ma... If really study, go where also not scared. Sorry for the confusion..

This post has been edited by elite_smart: Apr 12 2009, 01:01 AM

Any CURRENT Development for Paper P2 (Corporate Reporting )?

Like CURRENT ISSUE we need to pay attention ??

Any highlight from ur lecturer ?

This post has been edited by moon yuen: Apr 13 2009, 03:03 AM

Actually I am new to ACCA, Here is the best place to ask all guys and girls out there.

I am self study, so want to take exam for F2 and F3 soon for June Examination. Where do I register myself for Exam ACCA? Where do I pay the exam fees and collect docket? Where do I have my exam.?

As I read above that, Sunway and Tarc is an exam centre. Beside that, where does it have? Nilai International University Provide ACCA exam or not? Heard from somebody on it.

Can anybody help me getting the answer.? Thanks!

---

Added on April 12, 2009, 11:26 pmWhat you said it true. Supply more than the demand like that. Quite scary and make me think of changing my future occupation.

This post has been edited by one19944: Apr 12 2009, 11:26 PM

You can do it online at www.accaglobal.com. Registration, payment everything is done over online. Docket will be mailed direct to ur house.

Exam center, i'm not too sure.

Apart from sunway & tarc there are other centres in KL also like sedaya near connaught or you can apply for Fed Terr (others) which normally in IPB near kampung pandan.

Don't worry about supply demand equation. As long as you don't mind starting small & work hard there are bound some position for you, but these days most people always wants to start big. About V5 don't bother too much about it since acca open its membership to members of all ages & background. There are those who passed that never failed, there are those who passed after 5 years, there are those who joined as a degree holder, there are those who joined after working in firms.

Like in my advance level, 90% of the student consist of working people so just study ahead.

last time I was choosing UCSI.so may wanna change to others..
where is the actual address for IPB? where to find all the infomation about the centres? becoz the list I got all in short...

---

Added on April 13, 2009, 1:40 pmhow about KDU?


This post has been edited by blueing: Apr 13 2009, 01:40 PM

Last time i choose under TARC (purely to follow friends not convenience) but after CAT, and in first few papers in acca they alloted me to some where else instead in KL. Technically its quite a blessing in disguise as the place is nearer to my house in centre of KL.
IPB should be located near Maluri & Kampung Pandan area of KL. Try google around.

Just an opinion & observation, many people choose IPB bcos they believe that place is very good locationally to yield high marks in exam as some in this forum believes. But I do admit the place is less stress compared to TARC.

hey there, can anyone please let me know the pros n cons for these two lecturers, Joe Fang and Haneef for P2. Couldn't decide which one to attend for revision class. Thanks!

Anybody want to buy from me, F2 ACCA BPP Books for RM50. Alot of notes and LCCI books provided.

PM me if interested. Thanks ya,

Beside that, Anybody selling F5 books? ACCA BPP.

Joe Fang - Very good, special and fast technique in Consol method. If you use his method to answer 35 marks Consol question, you might finish it between 35 to 40 minutes. But Joe Fang won't cover so detail in FRS. As I know, he only run in very simple in FRS.

Haneef - Very good and detail in FRS. His consol method is more on classic "T" a/c, very good for understanding but very slow for answer Consol question in exam. Some student feel Haneef consol method too slow, then go to Joe Fang to learn his special technique. One more thing no good for Haneef was he is very boring lecturer. A lot of student feel sleepy during his class

But since you prefer only go for revision class, I strongly recommend you go Haneef. The reason was if you never study normal class under Joe Fang b4, then you will find very difficult for understand Joe Fang Consol method in his revision class.

Hope it can help you la

Any CURRENT Development for Paper P2 (Corporate Reporting )?

Like CURRENT ISSUE we need to pay attention ??

Any highlight from ur lecturer ?

It depends on your preference. If you are weak in standard go to haneef, if you want faster calculation techniques go to Joe class. However the problem with joe is that unless you attend his class before you will be clueless in entire revision class since his method is quite unique and students whom are never exposed to it might find a lot of problems later on. Haneef is more student friendly as you don't need to attend his class to understand what is being taught.

I am just curious why you are not attending your current lecturer's revision ?

---

Added on April 13, 2009, 11:04 pmI think one will only be bored in Haneef normal class not revision. In F7 maybe but I don't met many that are bored in P2, maybe they are this compared to this .

This post has been edited by Topace111: Apr 13 2009, 11:04 PM

izzzit tough to sit for ACCA papers??

can diploma in accountancy graduate gets exemptions from ACCA??

how many papers?

pls help. I am new to ACCA & intend to take ACCA part time class for F1, F2, F3 in july 2009...which college do you suggest should i enrol?

This post has been edited by fantasi76: Apr 14 2009, 09:27 AM

Diploma are equivalent to lcci / cat in acca so exemption is only around 3 - 4 papers max.
ACCA is a post graduate programme which is considered tougher than degree in professional level.
The first 9 paper is similar / tougher than degree.
The next 5 paper is similar / tougher than master.

Since you prefer study part time, then you can go KSA or Mc Orange la. For F1 to F3, it is not difficult, so you no need to consider a lot for experience lecturer la. Once you are in Part 2, then baru consider Quality and experience lecturer. Btw, you can refer 1st page for the recommendation lecturer.

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 think you should call directly to confirm first. The most viable one is to called acca mys at wisma denmark to confirm whether the uk body has already accepted your payment. Maybe Uk already did but need time to check through bank a/c, update their registry system & then confirm via online to you. Although you can pay via credit card if you are worried for fail safe measure, but the part of crediting your money will be 50-50. But i think there are others who also have the same dillemma as you so acca may credit your surplus.

Mine is bit similar where they post me in my letter to pay annual fee but I already paid few weeks ago but they did not update soon enough. I just paid anyway so the annual fee for next year they already deduct. But suffer some forex loss.....

A very question here, everyone. I'm UNITAR first-year student who taking degree in Accounting, how many papers left to sit for ACCA? MIA representatives came to my uni and promote their club by last week during the career week to my seniors or so. What do you think my degree in UNITAR worth? Pls reply me personally. Thanks.

ya me too is gonna be dateline soon.. HOW ??

yeah wat to do ah? im screwed if cant register..

Is studying accountancy in Sunway UC good? I heard that they are very famous for their ACCA programs. Is it?

Most Unis nowadays offer accountancy and finance. Is there a huge difference?

One more question, ACCA or CPA better? I heard a lot people saying the CPA is a gold class accredited accountant status compared to ACCA. You tend to get a higher salary with CPA compared to ACCA. Is it true?

CPA can only be get in Australia?

Would really appreciate it if you could help me out with these questions.

Thank you.

god..the acca page is soo laggy. does any1 haf any other way to access it witout d lagginess? neway i wud tink dat acca is better than cpa. its much tougher aswell..

luckily UK is slower then us a day LOL..
keep on trying until can..

izzit better to do degree then ACCA or straight ACCA??

and should i go for exemption or start from paper 1 itself...?

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.

---

Added on April 14, 2009, 11:56 pmSunway 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


This post has been edited by Topace111: Apr 14 2009, 11:56 PM

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

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?

CPA in america has a higher standards than ACCA, because their standards are more advance.
But everything should be standardized once convergence takes place in ... 2012?

CPA in australia, may be just another accountancy body recognised in their country, and currently AUS is also in high demand of ACCA ( top on the list for application for skilled based immigrants( heard from friends)

thanks...

FINANCIAL INSTRUMENT Chapter

Is Financial Instrument : Hedge Accounting important ??

I wan to skip Hedge Accounting lo...

Can ??

This post has been edited by moon yuen: Apr 15 2009, 02:24 AM

I also post some in real word issue forum (which is quite strict so i get use to posting long forum) .
Degree you should look for hybrid combo like Accountancy & Finance instead of doing accountancy alone. First you can get more exemption for other qualifications like acca / masters & add more variety to your knowledge.
If you can afford it its quite good to do twinning programme but the fees & living accomodation is not cheap out there.

If you want to have an australia degree its good to have CPA also since they will also offer you exemption for aussie papers. If you are lucky you may get permanent employment there. Doing local degree is ok but no longer viable. If you read newpaper this few weeks many local degree holders have difficulty finding jobs & they discuss all these issue to tackle it......

I don't know about CPA gold standard but I know there is one supreme qualification which is ICAEW in Uk / europe & CFA in US. But both required at least a degree holder applicant.

---

Added on April 15, 2009, 11:52 amI 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.

This post has been edited by Topace111: Apr 15 2009, 11:52 AM

Yes ICAEW is the supreme for accounting and the exam is 5 hours/ paper.
Insane.

Previously you need employer's recommendation to sit for that exam

Now, sunway had a package for CAT students, they can go to work after cat, and study icaew part time, 1 paper/ sitting.
I don't know whether this is a good choice because you need 5 years to complete it
But once you graduate, your future is SWEET

Anywhere to study CFA in malaysia?

Hi, anyone taking F9 this seating ? Anyone of you make a analysis on which chapter / topic came out on which past year ?

Which topic/chapter should i emphasis more on F9 ? Thanks for all replies.

[quote=Topace111,Apr 15 2009, 11:44 AM]
I also post some in real word issue forum (which is quite strict so i get use to posting long forum) .
Degree you should look for hybrid combo like Accountancy & Finance instead of doing accountancy alone. First you can get more exemption for other qualifications like acca / masters & add more variety to your knowledge.
If you can afford it its quite good to do twinning programme but the fees & living accomodation is not cheap out there.

If you want to have an australia degree its good to have CPA also since they will also offer you exemption for aussie papers. If you are lucky you may get permanent employment there. Doing local degree is ok but no longer viable. If you read newpaper this few weeks many local degree holders have difficulty finding jobs & they discuss all these issue to tackle it......

I don't know about CPA gold standard but I know there is one supreme qualification which is ICAEW in Uk / europe & CFA in US. But both required at least a degree holder applicant.

---

Added on April 15, 2009, 11:52 am

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.

Having CPA WILL NOT CAUSE YOU HARM, just that it will not add value in MYS at least compared to Aussie. ACCA does not suit MYS alone but other countries as well (only tax & law followed local variant) while others like accounting & finance followed international standards. I knew one classmate who is working in E&Y has a finance degree in austalia but choose to take acca instead of cpa for reasons best known to him. If you want to take an aussie degree its best to coupled up with Aussie professional qualifcation. Maybe after few years there you will hear more good things about CPA than ACCA (geographical factors does play a part)

The conversion part is quite irrelevant since ACCA is quite similar to CPA & not much point of taking both. If you mean if you have CPA whether you have exemption for ACCA ? In that case your degree can earn you exemption but not the professional qualifcation. There is very little agreement between 2 different countries of qualification so exemption mostly are given to degrees.

Last time I did consider doing a/c + finance before but that is in UK (Yeah its very very expensive & unless you have relative who lives there its not viable to go there). I have relative living in hawaii & New zealand but I don't think there are such courses there is it ?

I know Taylor, Sunway & Monash is for those whom are rich so economically i don't think its viable. Have you check SEGI but i think segi only cater at UK & Ireland .

You want to be at oversea & a degree & cost viable. I can only see Help which suits all your criteria but RM 120k for a degree......well that is pricey for anyone for that matter.

Ever considered doing acca straight away ? The fees is max RM 25k if you are not doing it in sunway.

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.

This post has been edited by moon yuen: Apr 15 2009, 09:25 PM

IAS 32 39 high risk.

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

P2 area is very big but he did manage to finish the area for P2. I ahve compared this with my other friends in P2 and Haneef paid the least attention to areas from F7 which may & can also be tested in P2. I have personally asked him these last sitting and his reasoning is that students for P2 may already have good grasp from fundamental levels of F7. And he also assumed you have followed him before in F7.

Either way its goo to read everything as you cannot spot when you are working
But caution lo, bcos next P2 sitting may start to incorporate new changes in NCI & examiner have full right to test the more difficulr part of NCI effects. So need to pass this seating or face new changes in the next one.

hey carlosandy, topace111 and kaerna, thanks for ur explanation. Since i am doing self-study at home for P2 (unable to attend any classes because am working full time, wish me luck for this pls ), then i think is better for me to attend Haneef class then.. Don't wanna me totally missed in Joe's class like u've said --->

This post has been edited by yemm: Apr 16 2009, 09:52 PM

Learn as much as possible. In the near future, most Msia companies will adopt FRS 139. Some have already start adopting. Its best to know the std in and out, will help u alot!

By the way does anyone know when is the next acca career fair ?
I have already skipped thee previous 2, wonder when they will hold it this year ?

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?

Haneef is very detail in class & normally his class hours span more than the allocated slots. If class meant to finish at 5.00pm he always finished 15 minutes later. From the survey & poll i gathered from friends he is definitely the most dedicated lecturer around if not the most boring too.

Mco always charge premium pricing to their top lecturer while KSA practice cost-savings approach.

Ha Ha, this is very normal in MCO la. Basically MCO tuition fee is expensive if compare to other college. Btw, no choice lo if you plan to attend Haneef class.

Just like Kwai Fatt run P6 in Sunway this sitting, the fees also expensive if compare to the class Kwai Fatt run in SEGI. But no choice, if want to attend his class, then need to pay Sunway oso.

Hahahaha, looks like everyone's busy studying already. Start early, 1 1/2 months more to go

start now = quite late jor

Don't say like that la. Some student last minutes also can pass, but need to take risk lo.

Now already coming to May, if any body only start study now, then take risk.

I din say start now will fail also. But some ppl do last minute work very powerful one can squeeze everything. Going to sleep. Night

Well last minute study can only help you if they asked the same question that you continuously mock & drilled. If they change the trend like they always did with new sitting it depends on how well you absorb the question.

One of the thing that i learned in optional paer is that you definitely have to assume of everything. A question can lead to 10 different answer in that order

Actually is depend on difference person. I agree last minute study will miss out a lot of thing, but some time no choice expecially part time student not much time to study daily.

For me, studnet have to take risk in last minute study, cos if last minute still study whole syllabus, then u won't be finish. Even if can study whole syllabus within this short period, but also very blur during exam. So it is better to take risk to skip some topic if last minute study.

hey guys guess what, i just realised RM450 for Mr Hannef class is actually a early bird price, if register after apr then is RM 495. WOw!!!! kill me please..

What a big big world.

U mean his revision class ...

Wow , so expensive !!

Which is why i said there is no perfect centre in this world.
Everytime they give me the survey paper I always grilled Mco of their premium pricing issue.
Aside from the lecturer everything else is 2nd class (class room, toilet, facilities, lift........)

Wah, RN495, so expensive lo. Lucky I already pass P2 under Keith Farmer, Ha Ha.

lol.. ya.. is so expensive right, better make sure i can pass this time...

btw, keith not teaching anymore?

He only withdraw teaching this sitting due to his family problem. I still see his name under KSA lecturer list currently. I think he will be back next sitting la.