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

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vin99
post May 1 2009, 10:24 AM

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Hi everyone... I have some questions here...

I currently finish diploma in TARC and i pass all my papers..
My CGPA around 3.3++ over 4...

I would like to ask,

1) should I proceed to advance diploma or taking outside at Kasturi?

2) advance diploma is 2 years.. Need go through internal papers and external papers within 2 years... Will be very stress and hard. But, if really pass all internal and external papers, then can complete ACCA. According to my results, if i take this will it be too risky??

3) If take outside at Kasturi, I will take as full timer.. I think i left 9 papers for ACCA. Already exemption 5papers in diploma. According to my results, can i complete within 1.5 year to 2 years? And jus focus for external papers only...

4) Do not recommend to degree, because of financial problem..

5) what are the benefit and weaknesses for taking advance diploma in TARC AND taking tuition in Kasturi??



Please give some advises, provide the best recommend...
Will appreciated so much with all replies... thanks a lot...
vin99
post May 1 2009, 07:22 PM

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Added on May 1, 2009, 4:16 pm

A common misconception that many TAR students told over their course of study is that "Exempted" doesnt actually mean you "Passed" the subject. On paper you may look like passed but in substance you "may" not or may be. The truth is both are very different in nature.

Second is that you don't have to take all papers at 1 centre. You can choose based the lecturer that you preferred. Try to ask some of your TAR seniors that have followed similar route before.

The option you mentioned I notice a recurring theme which you try to stress which I think is the "safety net". You are worried that if you cannot progress you will end up without a proper qualifcation if you take acca alone or you fear the stress level if take both ext and int.

In ACCA they recognize this problem by offering OBU degree student for those who has completed all funadamental levels (F4 to F9 in particular). You can finish that degree in 1 month or 2 in average. Grade will based on your average mark in acca plus project quality.

If I am not mistaken most of those that did advance diploma are offered a degree course for 3 mths in Uk or something ??? I am not sure but that is roughly what I heard in my friends discussion & you can take up that degree before attempting acca.

KSA environment is packed like sardin so its not that conducive but they do possessed some quality lecturers which requires no backing or support from large institutions.

About your capability to cope I cannot really judge unless you try out yourself. ACCA exams & style is very different from diploma from what most TAR students & friends told me. Hardwork alone may not be sufficient.
*

[/quote]


Then how do I know whether i get exemption for those papers or not??
I wanted to go outside take ACCA, and i will choose based on which lecturer is the best for the particular paper because study outside is more cheaper compare to TARC. At least can save monthly rental and bill water and electricity. But, I really scared I will regret. I will take as full time. As they said, ACCA are not easy.

However, if i take advance diploma, i still can get Advance cert even cant pass through ACCA. But quite waste time and costly.

Yup, you are right. Tarc are offered a degree course for 3mths in UK. But i doesn't consider about it because it is too costly.
ACCA exams & style how different from diploma?

If you are me, and you got only two options, you will choose continue at Tarc or come out take?


vin99
post Aug 26 2009, 02:58 PM

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How to pass F8 paper? Looks like so difficult... and i am poor in english... sigh....
vin99
post Sep 3 2009, 05:04 PM

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QUOTE(Topace111 @ Aug 26 2009, 03:52 PM)
In audit there is an unofficial rule which is called the "fundamental error".
Make this mistake your chance of passing will be very low no matter how well you performed overall.
In audit you dont have to understand anything at all but you need to show to the marker how well you can structured your answer.
Technique is everything in audit, you need to format your answer based on examiner style. Even if you answered correctly but in wrong presentation still get 0.

Thats why you will see a lot of people failed audit again & again and always around 45 - 49 marks range.
In audit, we rarely looks at positive answer but negative answer is always prevalent. Instead of asking how to pass F8, you should asked yourself how to minimize risk of failure in F8.
*
HI.... May I know what is "fundamental error"?
How do I prevent from making this mistake?
I am first time taking F8 exam for this sitting.. there is anything I should pay attention on?
Btw, the answer should write in essay form?
How is presentation should be?
Thanks fo reply^^
vin99
post Sep 4 2009, 10:23 PM

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QUOTE(Topace111 @ Sep 3 2009, 06:37 PM)
Examiner always set the exam with 50:50, fundamental : technical ratio.
Examiner expects student to do well in those fundamental areas (to pass) but more tolerant when students make technical mistake.
Technical mistake is very hard to discern, since examiner can released all kinds of difficult questions but if you encounter a very weird & confusing question, more likely its a technical question. However if question asked is direct but you make the mistake here, marker will not be amused.

Examples of fundamental error :
- Confusing TOC with SP
- Confusing credit sales with cash sales

Fundamental errors will likely committed by those students who learned by memorising or the "audit way" (flipping between questions & answers).
So the student just copy & paste regardless of the entire scenario.


Added on September 3, 2009, 6:46 pm

Doesnt really make any major difference but if you are those guys that think (take at sunway hard to pass..... take at others quality is reduced, easier to pass.....) then my suggestion is to take at remote places.

During CAT I took at TARC, students there got aura of  icon_idea.gif ,exam under one large hall & you will see all kind of faces over there. Seen a girl crying bcos lack of time, guy sleeping bcos of boredom or confusion, got 1 student keep on asking extra booklet, one guy keep on going to the toilet,... but most shows that intimidating face that shows "I can do any question & score at every exam"..... brrr damn stressful.

Then I took at IPB (rejected at TAR bcos of geographical factor). The most relaxed place I ever been. At least half of the students are CAT not ACCA (both took together), hall is very long but not large so no need to see many faces over there. Most of the students are one kind, if you get my drill.
*
Oh... today i sit a test which prepare by phili woo... I found it very hard and I don have enough time to do... I one question din't do due to lack of time and one question simply do because of don understand the question... sigh... May be I spend too much time to think...this small test I found it very difficult, how do I sit for ACCA real exam?

I worry that whether will get at least 30marks or not.. because phili woo said if we score less than 30marks after attending his many classes then he got nothing to say d... he said 30 marks is defination, if we defination also can't score then no need sit for exam d... Now I attendig phili woo classes... Is it possible I pass my ACCA exam in first attempt?

Ya... My lecturer said better don go those centres which start with "T" and "S"... I may consider go to IPB but dono how to go... U guys know how to take LRT go?

Topace111, u finished all ur ACCA papers d?


vin99
post Sep 6 2009, 01:16 PM

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QUOTE(Topace111 @ Sep 4 2009, 10:58 PM)
I finished all the papers already, just came back from a Big 4 interview today.

IPB very far from LRT (nearest is Maluri which is 2km away). But for anyone who lives near Klang valley or Cheras like me, its very near.

Phillip woo was known to spot inaccurately like most lecturers so just study based on your own.
My best tips to you, NEVER BELIEVE ANY LECTURER WORDS FOR GRANTED. Challenge the idea first then you will better comprehend it. Daniel Ho & Parmindar always encourage me to argue with them whenever I had any discussions with them. When I told them bluntly I dont believe any of their spots or tips, they encouraged me to do so.

Another thing worth mentioned is that your performance during exam is VERY DIFFERENT compared to normal time studies. Your mind works at different level at exam compared to normal classes perhaps due to focus & determination. Mock test is just to test your performance during that particular period of time. There is some lucky candidates that study 30% of syllabus & exam test exactly 30% of that so its unfair to gauge in that particular order.

In audit exam, only 10 marks are allocated for "pure memory stuff" which is qs 2 which I think is mostly definitions.
Apart from that most of the questions centred around applications : SP, SAP, TOC, the F/S audit (sales, cash), audit report,.....
Maybe Phillip told that to student to buck up their motivation so that they will work harder to score next time.
I have friends & lecturers keep on telling me that I cannot finish quickly, failed some,.... who cares, as long as you believe in yourself.
*
Oh.. How was ur interview? ok? Oh ya.. how to complete da 36mths ethical for ACCA? I plan to finish this sitting exam wanna find work first, coz family unaffordable to keep help me pay those fees.. So i plan to half working half studying..
i am from klang.. klang go there very near?
Can I add u as friend in msn? hehe.. coz i have a lot questions wan to ask^^
vin99
post Sep 8 2009, 06:26 PM

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QUOTE(blazeechee @ Sep 6 2009, 02:40 PM)
Anyone attended Joe Fang F7 class on Saturday, Sept 5? Need to know which questions / IAS standards he taught, kindly share. Didn't manage to attend the class. Thx!!
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I attended^^... he taught Q48, 62,76,77...
FRS111, 112, 117...
vin99
post Sep 12 2009, 05:59 PM

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ANyone know how to get to IPB from Klang? Take which buses or LRT?
vin99
post Sep 13 2009, 09:33 PM

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QUOTE(`twinkles @ Sep 13 2009, 08:20 PM)
I think it is not practical to take bus from Klang since Maluri is quite far from Klang. Even when taking LRT is pretty troublesome because you need to change many trains.

I am not sure whether you can reach Bandar Tasik Selatan through Klang KTM, but if it is possible, you can then proceed to take the Star LRT from Bandar Tasik Selatan, change to Ampang line at Chan Sow Lin and head to Maluri.

If the Klang KTM cannot reach Bandar Tasik Selatan, you can then choose to go KL Sentral(or Pasar Seni) and take the Putra LRT. Change to Star LRT at Masjid Jamek.

I am not sure whether there are other alternatives, these are the only ones I know sweat.gif Hope this helps!
*
tq kuan kuan...^^ hehe
vin99
post Sep 25 2009, 11:05 AM

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QUOTE(jactval @ Sep 25 2009, 12:27 AM)
Just got response from ACCA Malaysia, the events above will be held at Menara Hap Seng Building. RM30 for each seminar. Is the seminar above worth to join? Is there any forumer joining this as well?
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May I know where is Menara Hap Seng Building and how to pay for the fees? I feel want to join because i found that audinting is quite hard for me.

Can i know what the differences between those:

Test of control
Subtantive procedures
Control objective
Analytical Procedures
Audit Objective

I always can't differentiate those and wrote a wrong answer. Please provide me some guideline. Thanks a lot and appreciated much much.
vin99
post Sep 26 2009, 08:43 AM

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QUOTE(Topace111 @ Sep 25 2009, 12:17 PM)
Menara Hap Seng is beside KFC HQ & opposite Shangri-la hotel. Nearest monorail is Bukit Nanas & Lrt is Dang Wangi.

Regarding the points above, you can refer to someone else but that also shows why you should attend the talk.
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If I take LRT to Dang Wangi then how to go there?
The entrance fees is pay there?
vin99
post Oct 15 2009, 06:28 PM

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QUOTE(Pooh-Bear @ Oct 13 2009, 03:52 PM)

Bring the article on Corporate Governance: External and Internal Actors, found in SA August.


Added on October 13, 2009, 4:13 pm

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May i know what is SA August?
vin99
post Oct 24 2009, 09:43 PM

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May I know the 3 questions given by Joe Fang (F7) last week when need to pass up?
vin99
post Nov 9 2009, 06:29 PM

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I am first time taking external exam...

May I know what is docket? and what the purpose of docket? The status state docket not yet available mean what?

thanks for reply...

vin99
post Nov 14 2009, 04:55 PM

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May I know what is PER and OBU? How to complete it? How to find a job which can complete PER? Thanks for reply...
vin99
post Nov 22 2009, 03:43 PM

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F8 tips from Philip Woo can be relied on? how many percent?
vin99
post Nov 25 2009, 05:19 PM

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QUOTE(~Mew~ @ Nov 22 2009, 04:39 PM)
Mind sharing F8 tips ?
*
Sorry.. I today only online.. Busy of studying..

I want ask about PER... PER every year also need pay 69pound? and annual membership 66pound? So every year need pay total 135pound?? Thanks for explaining, because i am first time taking external..

Besides that, anything need to bring when exam? docket and anything else? can liquid paper be use in exam?

Thanks in advance for replies.
vin99
post Dec 8 2009, 10:29 AM

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F8 very hard to pass? I am first attempt this sitting.. worry bout it.. Anything need to pay attention?
vin99
post Dec 10 2009, 10:35 AM

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Before i complete ACCA, can I start to apply for the PER. If can, how should I do it? I gonna start my first full time job soon, so can I use tat job to complete my PER? How do I know the job i do is eligible for PER?

Tq for all the replies.
vin99
post Dec 17 2009, 08:46 PM

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May I know F9 and P2 got any classes is in weekend?? coz i have working and dono how to arrange my time.... Btw, i am from klang..

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