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

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

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.

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.

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

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 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.

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 ?

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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

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.

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.....

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 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

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.

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.

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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

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.

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.

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 ?

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.

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

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........)

I had a P4 question here :
based on reconstruction & reorganisation chapter :

Extract from the case :
A company dealing with a very specific industry. Its plant & equipment is also tailored made for that particular industry.
A reconstruction is being proposed & company will remain going concern after that. But if not undertaken liquidation is imminent.
Book value of P & M = $ 15000
NRV value of P & M if company went into liquidation = $ 2000

So for liquidation purpose its easy to assume to use NRV value of $2000.
But problem came when comes under reconstruction when the value of P & M becomes ambiguous & needs assumption.
My class yesterday split on this issue but 3 common assumption is :

1) use value of $2000 to expect worst case scenario (but too low)
2) Use value of $15000 since company is going concern after that (but too high)
3) weighted average of the 2 (even that got several assumption of how to divide but eventually the lecturer settle on that one).

I go against the lecturer's view & chose $15000 instead since asset is tailored-made & nrv is meant for liquidation. Weighted average seems to go against accounting standards as well.

Any opinion on this ?