I have no opinion on this sitting's audit paper.
So, i shall just relate what came out in this sitting's paper from memory...if it serves me well...lol.

Q1:
Components of audit strategy and examples of application in scenario.
Substantive analytical procedures on sales income on daily and yearly basis.
Ticket sales dealing with cash and credit card receipts.
Audit procedures on credit card sales balance.

Q2:
4 examples and explanations of Audit Sampling methods.
4 audit assertions to obtain audit evidence on classes of transactions and balances.
Explanation of the term 'modification' in context of audit report.

Q3:
Benefits of using audit software.
Problems faced during course of audit (scenario)
Considerations when evaluating computer sys documentation prepared by internal auditor.

Q4:
Contrast the responsibilities of internal and external auditors.
Benefits to the company of an audit committee (scenario)

Q5:
How to respond to a situation of misstatement in a client's accounts.
Whom to report the situation of 'ficticious' inventory.
Safeguards auditors can implement when facing intimidation threat by client.

Correct me if i'm wrong!!!

Hi everyone.

Have a question to post for my colleague.

She has passed papers F1-F9 n is now taking exams for P1-finish...
However, she did not apply to opt for the OBU degree n now is stuck in the middle with no degree nor ACCA.

Do u guys know of any other colleges/unis that offer the option of obtaining an exemption to getting a degree?

She has tried appealing to ACCA Malaysia n UK but to no avail.

Thx in advance for all forms of advice.

Cos she feels she can't pass her ACCA...so she wants to consider other options.

Without ACCA, she only has form 5...or partial ACCA (part 2).
Hardly sufficient to get a decent job if she wants to leave the current job.

Applicants with degrees have better chances.

Some classes started on Wednesday lo!

Subjective to say who is best for P1..

But i think most will agree that the choice is usually made between
1) Philip Woo
2) Parminder

Both found in KSA.

Since we're going KSA all out..
Their P3 Parminder's class is a full house!!!!
For part time at least...hahaha.

Haiyor...
talk bout viknes oni wanna muntah darah..
That fella...
My fren saw him at the mamak stall, told him he was taking P1 with another lecturer...
Viknes terus flare up...n proceeded to bad mouth every P1 teaching lecturer in the market....

His leaving KSA...i oni have to say...good riddance....

Sorry lar...but i detest all the fellow lecturer b****ing...
Can't u at least respect the student's choice.....

Perhaps jz say...'if u need extra help...i oso teach p1'...ma can lo...

Just got some news...
Seems like Mr. Low suddenly decided not to run P1 classes in KB this sitting..
All students who registered under him were transfered to Viknes's class...
Hmmm...seems like he's helping Viknes get students...

Heard bout it n was like...huh??can like this wan meh???

What is IMHO?
And actually, i know a person who signed up for Mr. Low's P1 n then was transferred by KB to Viknes's class..

That;s y i felt it was a teensy bit unscrupulous....

Dear all,
Wonder if this has been shared in the forum previously.

For those who have completed ACCA, aka ACCA Graduates..
Have u realised that the certs u hv are only the Professional and Fundamental level completion status certs?

Well, there is a Passed ACCA Finalist cert that u are entitled to..
But perhaps ACCA wants to cut down on costs fir this so they implemented a clause to obtaining this cert.

Students..now the graduates, have to fill in a status form b4 the application for this ACCA cert is obtainable.

Had a friend facing problems with her job visa application as the govt in that country wanted the Passed Finalist cert.

Ciaoz.

What are u studying? F6 or P6?
My lecturer is helping students get the books at RM70...not sure if that's cheaper than the bookstore as i never checked...

---

Added on September 30, 2009, 10:11 pmLol..from experience, Parmindars classes for P1 n P3 are held consecutively..but i attended RI n RE for both P1 n P3 so i saw him everyday for like 2 weeks in a row...like that?

If u only intend to take RE for both P1 n P3, u won't go nuts...it'll be like, 3 nights of RE (6.30 to 9.30) then maybe 3 days rest, n 3 days of night classes again for the next paper.

---

Added on September 30, 2009, 10:19 pmEr,it's usually advised that u take the LRT if u don't stay too far from the station, or park near the LRT station n take the LRT to town.
1st, it will be rather jammed driving to town for night class...rush hour traffic, unless u drive n reach college b4 5pm.
2nd, parking is costly especially if u want to park in a safe area..if weekend then some parking lots are fixed w per entry charges, much better.
3rd, dangerous to walk back to the car alone if u wanna park in the cheap parking lots at night.

But if u wieghed the options n still wanna drive there...i will advise u to park in Menara Tun H.S Lee (correct ar?), where Kasturi(KSA) is situated...cos there are cameras in the parking lots n more students park there...i only know that this parking lot has fixed charges on weekends, but hourly rates on weekdays.

Have fun!

This post has been edited by eruannwen: Sep 30 2009, 10:19 PM

Mr. Low Chin Ann

He's teaching at Kolej Bandar.
Just delivered the text books in class...

No diff from the bookstore copy...

Hi everyone,
am currently searching for CAT T1 and T3 text books/notes from any lecturer, the more the better..

are any forumers wanting to release their notes or is there any forum i can go to obtain these materials?

any information is much appreciated.

thanks in advance!

This post has been edited by eruannwen: Jan 19 2010, 06:20 PM

yikes!!!
thx anyway..
if anyone has them..please pm me...
seriously searching for T1,T3 notes....

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Added on January 20, 2010, 4:41 pmHi there,
IMHO, OBU is more like a safety net for students who can't obtain their ACCA.
Complete a thesis according to the stated regulations and you will obtain a degree.
But bear in mind that the OBU is a lower qualification as compared with the ACCA qualification you have in hand.

CIA-will be an add on for you if your interest lies in internal auditing.
But once again, a CIA will boost your resume if you want to be an internal auditor through and through.
Internal auditing(P1) differs from the normal auditing(F8).

Since you have already obtained the ACCA, my advice is to keep your cash (entry fee for OBU) and use it to get the CIA,
if and ONLY IF:
1) it is a requirement by your employer
2) internal auditing is your passion
3) you want to specialise in the field of internal auditing

Other qualifications to enhance your ACCA that are much sought after by employers:
a) CFA
b) CFP
c) other accounting qualifications like ICAEW, CIMA, CPA, etc.

Good luck and I hope this info helped!

This post has been edited by eruannwen: Jan 20 2010, 04:41 PM

Can't see how PR-if u mean Public Relations will require any add-ons as having an ACCA thus makes u rather qualified if in fact the ACCA is relevant to PR.
Perhaps other forumers may have more info on this aspect.

Background info:
Tarc does not offer CAT courses as their course is linked to ACCA upon a student's completion of selected papers in the Diploma level with an exemption of 9 ACCA papers, only requiring the completion of Professional Papers {P1-3, P4-7(option of two)}

IMHO...
With regards to the timing, the whole process to obtain an ACCA qualification in TARC is roughly 4 years...
Whereas, using the CAT route, the course may be as short as 2.5 years...

The plus factor for obtaining the qualification in TARC is the Diploma safety net as the student will have their Diploma is unable to complete the ACCA papers.

Money wise, Sunway is a Platinum status tuition provider for ACCA, hence demanding slightly pricier fees, but bear in mind that Sunway offers tests to gage the student's progress (Progress Tests) and are also strict in allowing the students to sit for examinations.

Other colleges with quality education at dropped prices (when compared with SyUC) are Kasturi College, Kolej Bandar.

Students tend to follow the lecturers that are the best for the subject.
It is advised that you refer to the first page of this forum for further info on competent lecturers in the market.

out ad??
what email?

hi all..failed the only paper i took...p6...feel so stupid now...
how can i fail when i only attempt one paper.

now wonder if shud continue take class or just study and take revision..
does anybody know if the p6 mys syllabus change ad? like now got RPGT ad or not?

n who do u guys recommend for p6?

thx all.

congrats....

wow..very very great marks...
congrats!!

Aiyo..made a call to SyUC today n wanted to sign up for P6 there...
But they said.."only re-sit students"

ARGH!!! Why dowan new students!!
Got money oso dowan to earn meh...=.='''''''''