ACCA Students.

hongge

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if u put acca cert and obu cert on the desk for ur employer during an interview, he will probably view ur acca cert and skip ur obu haha but im not saying it is totally worthless, if u got a chance to promote to managerial level in future, a degree is essential and the obu cert could be the passport to the managerial position.

i got tired of studying forever therefore im abit reluntant to take another degree for 2-3yrs. so im settling for an obu cert
 

sneggg

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honge r u a diploma grad now ith acca n studying for OBU ?
 

Biogentic

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honge r u a diploma grad now ith acca n studying for OBU ?

i am also a diploma grad now doing acca... i have plan either to take a bachelor degree or a master in applied finance or MBA after i gained my CPA Spore. dun be too depress because even if u go by UOL or Rmit ROUTE, you still need to take a few PE papers before you are allowed to become a CPA Spore. i would say employer value much more about whether you are a certified public accountant than anything else. a bachelor degree or a master or mba is just to make sure you dun lose out to the future generation where degree is common.
 
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hongge

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not all jobs requires u to be CPA, if ur company is not paying for the CPA membership fees, no point signing up cos it is not cheap and u gotta complete ur CBE targets every yr if not ur membership will cease.

but u can sign up non-practising CPA if u paying membership fee urself.
 

belgarathc

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For just an additional 6500 word essay in exchange for a degree, I would say it's worth the effort, esp for non-degree holders?

I checked the ranking of Oxford Brookes before. I think it's around the middle rung of British Universities.
 

IDevil

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if one grad from ACCA, I won't suggest the person to take up a degree in Accountancy.

No reason to have 2 certs (same level) in the same field.

A degree in Business or IT coupled with ACCA would be a good match.
 

Biogentic

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if one grad from ACCA, I won't suggest the person to take up a degree in Accountancy.

No reason to have 2 certs (same level) in the same field.

A degree in Business or IT coupled with ACCA would be a good match.

actually i dun understand the role of accountant in IT, anyone can elaborate? when u mention business, which specific field of business u mean? does finance a good match of accounting?
 

hongge

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actually i dun understand the role of accountant in IT, anyone can elaborate? when u mention business, which specific field of business u mean? does finance a good match of accounting?

finance and accounting can be linked. if u follow acca papers for example, F9 teach u how to calculate cost of debt and cost of equity to derive WACC. P2 teach u how to use cost of debt and cost of equity in the reporting. in a real finance field, if you know the statutory reporting requirements, you can better structure the finance.

like IDevil mentioned, if u equip urself with IT or biz degree, u can branch out to marketing, business consultant, business analyst or even SAP developer/trainer. not confining yourself to accounting field.

once i was interviewing at ACCPAC company with my lvl2 acca + IT related dip and they were very keen to hire me as their consultant to provide support to their client base but i rejected as there was a bond for 3yrs
 

Biogentic

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finance and accounting can be linked. if u follow acca papers for example, F9 teach u how to calculate cost of debt and cost of equity to derive WACC. P2 teach u how to use cost of debt and cost of equity in the reporting. in a real finance field, if you know the statutory reporting requirements, you can better structure the finance.

like IDevil mentioned, if u equip urself with IT or biz degree, u can branch out to marketing, business consultant, business analyst or even SAP developer/trainer. not confining yourself to accounting field.

once i was interviewing at ACCPAC company with my lvl2 acca + IT related dip and they were very keen to hire me as their consultant to provide support to their client base but i rejected as there was a bond for 3yrs

oh ic, think it would be better for me to persue a finance related degree after acca... not very keen on IT as many IT degree program in singapore requires programming skills.
 

belgarathc

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actually i dun understand the role of accountant in IT, anyone can elaborate? when u mention business, which specific field of business u mean? does finance a good match of accounting?

It's not easy to find business analysts/consultants who understands both IT and accounting. If you have the expertise, you would be very valuable as you can easily understand users' requirements, gave a quick assessment if a requirement can be developed by the programmer, map the required accounting process to the IT system (SAP etc), explain in accounting terms to the users the translated process etc .
 

IDevil

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finance and accounting can be linked. if u follow acca papers for example, F9 teach u how to calculate cost of debt and cost of equity to derive WACC. P2 teach u how to use cost of debt and cost of equity in the reporting. in a real finance field, if you know the statutory reporting requirements, you can better structure the finance.

like IDevil mentioned, if u equip urself with IT or biz degree, u can branch out to marketing, business consultant, business analyst or even SAP developer/trainer. not confining yourself to accounting field.

once i was interviewing at ACCPAC company with my lvl2 acca + IT related dip and they were very keen to hire me as their consultant to provide support to their client base but i rejected as there was a bond for 3yrs

Hi Hongge, you have a dip in IT too? Same here :o

My company just switched from using Coda database to SAP.
I believe because of my IT knowledge, everything seems easier to understand and take up. (I worked as a programmer before switching to Accounting)

Even Excel macro and formula seems so easy (when compared to programming)

So I guess it definitely helps in a way or another since almost everything is computerised now.
 

dark_aLLeY

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Is it possible to acquire ACCA cert and switch to finance field/career, instead of doing pure accounting ?

What are all the possible career scopes that one can enter after acquiring ACCA cert ?
 
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duperdonut

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i noticed kaplan offers only lectures but SAA offers both lectures and tutorials (got to pay a little extra for tutorials). Also, SAA lectures are longer (about 4hours for day classes) relative to kaplan's 3 hours (is it cos of longer breaks?). Finally, SAA rates are lower relative to kaplan's.. im just keen to find out more about both before deciding on one..

anyone care to share if SAA or kaplan's way of teaching is better? or perhaps share ur experience with either provider. hee thanks! :o
 

belgarathc

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Is this suicidal for a part timer?

F1 - self study, CBE ~Oct/Nov
F2 - school, CBE ~Nov/Dec
F3 - school, CBE ~Nov/Dec
F6 - school, Dec paper exam
 
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