ACCA Students.

[summersky1986]

hi u can try sim-rmit degree in accountancy-duration-3.5 years.

Yo bro, the thing is.. my gpa of 2.14 might not even get me into sim-rmit bacc

 

[Konnichiwa]

saa.org.sg/acca_requirements.html
Erm.. maybe you want to check the requirements on the link. Maybe I am wrong here.

 

[summersky1986]

Guys, a quick question on ACCA.

I understand that there're 2 examinations yearly, and I wonder what's the difference between the July and Dec exams?

What's the first step? I went to Kaplan website and it says "it's the individual's responsibility to register with ACCA", how do I go about doing that?

The final question - should I do it with Kaplan or SAA? I'm hoping to get ACCA completed within 3 years.

And also, if it's not too much - could you please advise me on my situation (Scroll up )

Thank you, people. Every reply is deeply appreciated.

 

[Konnichiwa]

Guys, a quick question on ACCA.

I understand that there're 2 examinations yearly, and I wonder what's the difference between the July and Dec exams?

What's the first step? I went to Kaplan website and it says "it's the individual's responsibility to register with ACCA", how do I go about doing that?

The final question - should I do it with Kaplan or SAA? I'm hoping to get ACCA completed within 3 years.

And also, if it's not too much - could you please advise me on my situation (Scroll up )

Thank you, people. Every reply is deeply appreciated.

For ACCA you need to complete 14 subjects/papers.
The first 12 papers are compulsory unless u are given exemption. Namely F1 to F9 and P1 to P3. Then u choose two optional papers out of 5. Which makes up to 14 papers in total.

There is no difference in June or December exams (not July). If you want to take the papers in December 2009, you need to register with ICPAS before 15th AUGUST. You need to be a student member with ACCA to take the exams!!

U are only allowed to take maximum of 4 papers in each exam cycle. Simply, 4 for June Exam and 4 for December Exams. For results, for June paper, it will be release in August and for December paper, it will be release in Feb the following year.

How fast you complete, depends how fast you clear the exams. If you can clear 4 papers for each exams, you can finish ACCA in two years to 3 years.

The schools that provides lessons for ACCA to quote a few are
(1) SAA
(2) FTMS
(3) KAPLAN
(4) N2P2
Most of the school start their lesson in July 2009 for Dec 09 exams already. There will be another intake in August after the results is released. For June 2010 exams next year, the lessons will generally start in Jan 2010. You can also join the lesson even if you are not a ACCA member.

You can also self study for ACCA if you can cope. The schools does not register the exam for you, you only pay the schools fees for the lectures and revision class if you sign up.

You will pay ICPAS or ACCA UK directly for the exams fees which will cost about 67 British pound per paper.

You can plan which paper to take first, generally most people follows the sequence F1 to F3, then F4 to F6, then F7 to F9. For which sequence to take, it is up to you, if you look up to the thread previously, there are some discussion on which subject to take first.

ICPAS which deals with ACCA student registration and exam matters at located at SAA, Singapore Accountancy Academy. If you want to register to be ACCA student matters and ACCA exams you go there.

To sign up for lessons to teach you to pass ACCA exams, you go to the schools as mentioned.

I hope that helps and don't confuse you further.

 

[ivertan00]

Hey guys, i nid your views again

my fren just contacted the schools and army for mi, what i know is that if i am studying full time, the defer of army still can be done, chances are high too for 1st time deferment.
i am currently 17 onli, will be onli 18 nxt yr july.

this is with regards to many saying tt the deferment cannot be done, so wat do u guys think?

Thank you

 

[70niner]

IIRC deferment is only allowed for full time students in recognised institute of higher learning (IHL), such as the JCs and 5 local polys. I don't think private education organisations (PEO) offering ACCA fall into this category.

Why have you not considered furthering your studies in local polys or 'A' levels? Enlistment would most certainly be deferred till after ur 'A' levels or diploma studies.

 

[summersky1986]

For ACCA you need to complete 14 subjects/papers.
The first 12 papers are compulsory unless u are given exemption. Namely F1 to F9 and P1 to P3. Then u choose two optional papers out of 5. Which makes up to 14 papers in total.

There is no difference in June or December exams (not July). If you want to take the papers in December 2009, you need to register with ICPAS before 15th AUGUST. You need to be a student member with ACCA to take the exams!!

U are only allowed to take maximum of 4 papers in each exam cycle. Simply, 4 for June Exam and 4 for December Exams. For results, for June paper, it will be release in August and for December paper, it will be release in Feb the following year.

How fast you complete, depends how fast you clear the exams. If you can clear 4 papers for each exams, you can finish ACCA in two years to 3 years.

The schools that provides lessons for ACCA to quote a few are
(1) SAA
(2) FTMS
(3) KAPLAN
(4) N2P2
Most of the school start their lesson in July 2009 for Dec 09 exams already. There will be another intake in August after the results is released. For June 2010 exams next year, the lessons will generally start in Jan 2010. You can also join the lesson even if you are not a ACCA member.

You can also self study for ACCA if you can cope. The schools does not register the exam for you, you only pay the schools fees for the lectures and revision class if you sign up.

You will pay ICPAS or ACCA UK directly for the exams fees which will cost about 67 British pound per paper.

You can plan which paper to take first, generally most people follows the sequence F1 to F3, then F4 to F6, then F7 to F9. For which sequence to take, it is up to you, if you look up to the thread previously, there are some discussion on which subject to take first.

ICPAS which deals with ACCA student registration and exam matters at located at SAA, Singapore Accountancy Academy. If you want to register to be ACCA student matters and ACCA exams you go there.

To sign up for lessons to teach you to pass ACCA exams, you go to the schools as mentioned.

I hope that helps and don't confuse you further.

Hi friend,

That's extremely informative and generous of you

Is going to ICPAS @ SAA the only way to register to be a ACCA student and also for exams? Are there other modes of registering/payment like online and cheques?

I'm looking to sign up for the Jan 2010 intake (if my degree plan fails), could you please advise on the various schools? I understand the 'quality of education' is much based on the lecturers, but I would prefer not to school-hop. I've heard from a friend who's currently doing his ACCA that 'kaplan's more exam oriented than SAA'.

If I do get into sim-rmit bacc, what's your opinion of doing ACCA in the 2nd year of my course?

Thanks, konnichiwa. Deeply appreciated, really

Peeps! Please advise!

 

[Konnichiwa]

Hi friend,

That's extremely informative and generous of you

Is going to ICPAS @ SAA the only way to register to be a ACCA student and also for exams? Are there other modes of registering/payment like online and cheques?

I'm looking to sign up for the Jan 2010 intake (if my degree plan fails), could you please advise on the various schools? I understand the 'quality of education' is much based on the lecturers, but I would prefer not to school-hop. I've heard from a friend who's currently doing his ACCA that 'kaplan's more exam oriented than SAA'.

If I do get into sim-rmit bacc, what's your opinion of doing ACCA in the 2nd year of my course?

Thanks, konnichiwa. Deeply appreciated, really

Peeps! Please advise!

U can first register as ACCA student member at ICPAS first. Then once you got the online account, then u can register for your exams online and make payment thru credit card or debit card. All payment are in British pounds. But you don't need to rush since u applying for June 2010 exams.

The more popular schools are Kaplan and SAA. Kaplan fees are getting quite expensive nowadays. But some lecturers there are quite popular with students. Especially Saminathan and Yvonne Goh. Some popular lecturers in SAA are Philip Woo, Chee Hay Keong, James Kwan, Ben Lee, Goh Sher Wee. Their lecture fees are more competitive. But other than lectures, some students take location and facilities into consideration also.

For your, studies, in my opinion, if you are given a chance to do RMIT BACC, quickly get the degree and complete it first. Follow by get a accounting job, then if you have the time to afford, then do ACCA. You also be given exemption for ACCA because of your RMIT degree. So there are few subject you actually don't need to do.

Quite a few people have problem passing ACCA and some give up along the way. Moreover, your work experience will be worth a lot more than paper qualification. Even if you pass ACCA, you need 3 years experience then u can call yourself a ACCA.

Otherwise, after you got your degree and worked for 3 years, you may also apply for CPA Singapore which allows you to sign off Financial Statements.

In conclusion, you don't need to rush to register to be student member first. Wait for your RMIT Bacc application result, if approve. Clear your RMIT first. In this way, you get your degree fast and get into workforce faster. Instead of keep repeating in ACCA and getting stuck. U may want to think of getting ACA instead of ACCA after you got your degree. Check ACA qualification at SAA webite.

Just my personal opinion, if you feel you can cope with both and kill two birds with one stone. By all means, I hope I didn't give you wrong advice. Just my personal point of view.

 

[cuppers]

hey guys, any recommanded P5 lecturer ..? tks

 

[summersky1986]

U can first register as ACCA student member at ICPAS first. Then once you got the online account, then u can register for your exams online and make payment thru credit card or debit card. All payment are in British pounds. But you don't need to rush since u applying for June 2010 exams.

The more popular schools are Kaplan and SAA. Kaplan fees are getting quite expensive nowadays. But some lecturers there are quite popular with students. Especially Saminathan and Yvonne Goh. Some popular lecturers in SAA are Philip Woo, Chee Hay Keong, James Kwan, Ben Lee, Goh Sher Wee. Their lecture fees are more competitive. But other than lectures, some students take location and facilities into consideration also.

For your, studies, in my opinion, if you are given a chance to do RMIT BACC, quickly get the degree and complete it first. Follow by get a accounting job, then if you have the time to afford, then do ACCA. You also be given exemption for ACCA because of your RMIT degree. So there are few subject you actually don't need to do.

Quite a few people have problem passing ACCA and some give up along the way. Moreover, your work experience will be worth a lot more than paper qualification. Even if you pass ACCA, you need 3 years experience then u can call yourself a ACCA.

Otherwise, after you got your degree and worked for 3 years, you may also apply for CPA Singapore which allows you to sign off Financial Statements.

In conclusion, you don't need to rush to register to be student member first. Wait for your RMIT Bacc application result, if approve. Clear your RMIT first. In this way, you get your degree fast and get into workforce faster. Instead of keep repeating in ACCA and getting stuck. U may want to think of getting ACA instead of ACCA after you got your degree. Check ACA qualification at SAA webite.

Just my personal opinion, if you feel you can cope with both and kill two birds with one stone. By all means, I hope I didn't give you wrong advice. Just my personal point of view.

Hi, thanks for your reply again.

I'd like to ask if it's right to say that I can do my pt course with kaplan without registering as ACCA student with ICPAS? To be eligible for the June 2010 exam, I need to be a ACCA student member and also registered by a certain date?

I'd totally love to do the degree by RMIT, if by some divine mercy, I managed to get myself a place. At the same time, I'm also very concerned with the quality/reputation of the degree.

I've read from another thread in this forum that the big 4s prefer to hire local and ACCA grads, DL grads hardly stand a chance. I'm very much interested to join one of the big 4s after graduation (I know it's still a long way, but doesn't pay much harm to plan ), but it seems to me now that RMIT Bacc ain't gonna get me a place.... Hence the question... What would you do?

 

[Petrelli_83]

Hi, thanks for your reply again.

I'd like to ask if it's right to say that I can do my pt course with kaplan without registering as ACCA student with ICPAS? To be eligible for the June 2010 exam, I need to be a ACCA student member and also registered by a certain date?

I'd totally love to do the degree by RMIT, if by some divine mercy, I managed to get myself a place. At the same time, I'm also very concerned with the quality/reputation of the degree.

I've read from another thread in this forum that the big 4s prefer to hire local and ACCA grads, DL grads hardly stand a chance. I'm very much interested to join one of the big 4s after graduation (I know it's still a long way, but doesn't pay much harm to plan ), but it seems to me now that RMIT Bacc ain't gonna get me a place.... Hence the question... What would you do?

I'm sure you'll refute your own sentence after spending a couple of months inside.

 

[hongge]

summersky:
i see no pt taking 2 similar accountancy qualifications. it delays ur entry to big4 and by the time, u'll be quite old to compete inside.

if u keen to join big4, den dun bother to do RMIT le.. take acca straight and work hard to pass it. no doubt acca is hard to pass but if u practice hard enough, u will roughly know the exam style so will be easier to pass.

if u r thinking of doing a degree and take acca during yr2 of ur degree, u can consider other degree other than accountancy to add more value to ur resume.

thus, if u cant get into big4 or got tired of commercial accounting, u can stilll switch field. the market now lacks of accounting+IT expertise.

 

[hongge]

Anyone taking Sami's F7 class? Which textbook is he using?

he uses lecture note written by himself. if u wish, u can read up BPP textbook from kaplan but note that the variant is for international students.

 

[summersky1986]

summersky:
i see no pt taking 2 similar accountancy qualifications. it delays ur entry to big4 and by the time, u'll be quite old to compete inside.

if u keen to join big4, den dun bother to do RMIT le.. take acca straight and work hard to pass it. no doubt acca is hard to pass but if u practice hard enough, u will roughly know the exam style so will be easier to pass.

if u r thinking of doing a degree and take acca during yr2 of ur degree, u can consider other degree other than accountancy to add more value to ur resume.

thus, if u cant get into big4 or got tired of commercial accounting, u can stilll switch field. the market now lacks of accounting+IT expertise.

Thanks for the reply, hongge

I'd like to ask how valuable is big 4 experience in the industry? Say if one were to start off as an auditor in a mid tier firm, would he still be able to join the banking sector/ climb the corporate ladder?

I'm really afraid that ACCA would be too tough to handle, it's the sense of fear and uncertainty that is really holding me back.

I'm sorry for digressing and really appreciate every feedback I get.

 

[Biogentic]

summersky:
i see no pt taking 2 similar accountancy qualifications. it delays ur entry to big4 and by the time, u'll be quite old to compete inside.

if u keen to join big4, den dun bother to do RMIT le.. take acca straight and work hard to pass it. no doubt acca is hard to pass but if u practice hard enough, u will roughly know the exam style so will be easier to pass.

if u r thinking of doing a degree and take acca during yr2 of ur degree, u can consider other degree other than accountancy to add more value to ur resume.

thus, if u cant get into big4 or got tired of commercial accounting, u can stilll switch field. the market now lacks of accounting+IT expertise.

which specific part of IT skills it is lacking? i saw many job adverts that require accountancy or finance skill but not many mention IT skill. Accountancy + Finance better or Accountancy + IT

 

[Biogentic]

he uses lecture note written by himself. if u wish, u can read up BPP textbook from kaplan but note that the variant is for international students.

nope for F7 and P2, he used lecturer notes written by roy goh, for p2 there are some parts of it written by connie particularly the latter chapters. for f9, he uses his own lecturer notes written by himself. for f7, f9 and p2, rarely student use textbook, if you can really understand the whole of the lecturer notes very well, able to do all questions in exam kit, you are almost there... no use using the textbk

 

[dark_aLLeY]

Anyone taking F6 and F7 this sem ??

 

[hongge]

Thanks for the reply, hongge

I'd like to ask how valuable is big 4 experience in the industry? Say if one were to start off as an auditor in a mid tier firm, would he still be able to join the banking sector/ climb the corporate ladder?

I'm really afraid that ACCA would be too tough to handle, it's the sense of fear and uncertainty that is really holding me back.

I'm sorry for digressing and really appreciate every feedback I get.

if u joined big4 and your portfolio mostly auditing banks, then after 3yrs when u got ur CPA, you can switch over to banks. whichever industry you are auditing for the 3yrs of your audit career, you might want to join back that industry since you will be very farmilar with the biz structure and law. put you in an advantage.

eg i have seen my senior who was auditing keppel corp for 4yrs to join keppel. the audit client wants ppl who audit their accounts before so that they can improve their internal controls and "hide" things from the auditors.

till now, im glad i have grad frm acca and not RMIT cos the acca syllabus covers indepth technical knowledge which a degree path will only learn briefly. (speaking from experience as i have attended my gf's RMIT biz mgmt module in finance )

 

[hongge]

which specific part of IT skills it is lacking? i saw many job adverts that require accountancy or finance skill but not many mention IT skill. Accountancy + Finance better or Accountancy + IT

depend on which field you are looking. most advert u are looking are for pure finance or accounting jobs.

account+IT is more for IT sector jobs. which IT must be farmilar with accounting rules before they can design the system. eg SAP system analyst, IT audit

not too sure abt account+finance mix. i have seen ppl taking CFA after they passed their acca but i dun really understand their logic. if they wish to join bank finance, then they should take CFA in the 1st place and y wasted 3yrs for acca?
the only reason i can think of is these grp of ppl wish to have solid accounting knowledge to tackle level1 and 2 of CFA or they are not sure whether to join the finance or accounting field.

 

[hongge]

nope for F7 and P2, he used lecturer notes written by roy goh, for p2 there are some parts of it written by connie particularly the latter chapters. for f9, he uses his own lecturer notes written by himself. for f7, f9 and p2, rarely student use textbook, if you can really understand the whole of the lecturer notes very well, able to do all questions in exam kit, you are almost there... no use using the textbk

yup those notes are from Roy Goh but he seldom refers to them. his style is to hand-written all the theories and gists during lesson on fresh pieces of papers.
when i was revising P2, i merely used all these gist notes + questions solutions that i copied in his class and these notes were thick enough to form a book of his own haha