ACCA Students.

[Biogentic]

yup this job must have in-depth knowledge with FRS and consol techniques. starting the job next mth as im serving my resignation notice now~

i cant recall my consol knowledge now too~ the finance director told me to go back refresh memory before start date. when he interviewed me, he asked me what is the double entry for consolidating parent account with subsid? assuming no goodwill... i cant even answer dr sales cr cos hahaa

as for your career options, i have tried to apply for stat-board with ACCA before and i got an offer. however i rejected it as the career progression is slower

wha bro u are the man la! hope me got many job offers like you after finishing my exam.

 

[hongge]

the pay must be higher than big 4 then?
If I were you, I also join the MNC without thinking twice.
btw, why the MNC recruit ppl without experience and as group accountant,I thought need exp first.. any tips to go there hongge? thx.

there will be a team of accountants doing consol for the group, each being assigned a few subsidiaries. so i am not alone, will have a senior accountant to mentor me.

i am also surprized that there are willing to take in in-experience person. i guess its how you performed in the interview bah.. althou i cant answer any of the technical qs the finance director tested me, at least i make an effort to read the annual report of the company so when he tested me on the company business, revenue size, PAT etc i can answer quite accurately. This gives him an impression that i have done my homework~ and i guess obtaining ACCA in 2.5 yrs and an OBU with 2nd upper helps a little too~

 

[hongge]

wha bro u are the man la! hope me got many job offers like you after finishing my exam.

job market is picking up~ big4 is not the sole option now. be bold and try different career routes. remember to write a cover letter with a good resume, that will help u to secure more interviews.

 

[Biogentic]

job market is picking up~ big4 is not the sole option now. be bold and try different career routes. remember to write a cover letter with a good resume, that will help u to secure more interviews.

hey bro, you done your acca in 2.5years time, doing full-time all the while?

 

[hongge]

2.5yrs part-time~

 

[dark_aLLeY]

2.5yrs part-time~

Impressive!!!

How do you apportion the modules for each semester ? 1 sem take 3 subjects ?

 

[hongge]

yup, my schedule as below from July06 to dec08

1.1, 1.2, 1.3
2.1, 2.2, 2.3
F7,F8(failed),F5(Exempted with 2.1)
F8,F9,P1,P2
P3,P6,P7

 

[frost_blazer]

Hi, do anyone know if there's any convocations after finishing the ACCA course or the OBU?

 

[sakuragi14]

anyone has F8 notes to give away? prefer notes from SAA Mr Chee Hay Kheong

Thanks!

 

[xXboxXx]

yup, my schedule as below from July06 to dec08

1.1, 1.2, 1.3
2.1, 2.2, 2.3
F7,F8(failed),F5(Exempted with 2.1)
F8,F9,P1,P2
P3,P6,P7

For me...
F4, F6
F5, F8
and now F7, F9, P1 (coming soon)

 

[ah lei]

Can share with me what is the best combination for the modules to take for ACCA if I am taking from F3 onwards. Any teacher to recommended from SAA or Kaplan for each module. Please help me as I really need a good lecturer to explain the concepts to me. Thank you.

 

[Konnichiwa]

Can share with me what is the best combination for the modules to take for ACCA if I am taking from F3 onwards. Any teacher to recommended from SAA or Kaplan for each module. Please help me as I really need a good lecturer to explain the concepts to me. Thank you.

Maybe you should attempt 3 to 4 if you are studying full time.
In priority will be:
1. F9
2. F7
3. F6/F4
4. F6/F4/F5

F9 is quite straight forward, similar to F7.. just need to keep practising past year papers. Similar to F6.

For those weak in theory, F4 and F8 will be harder nut to crack.

But different people will have different view. This is just one point of view to share.

 

[Konnichiwa]

Anyone taking P4 now in Kaplan under Sami? Basically anyone taking P4 is welcome.

What to form a discussion group/circle? The FX is very confusing.

 

[dark_aLLeY]

Is anyone taking F6 & F7 this sem ?

I would like to know of any new changes from last semester's F6 & F7.

Thanks a lot !!

 

[jason20100605]

i'm taking F4 5 6 7 all at RJC

u taking 4 modules wah full time?

 

[Konnichiwa]

Anybody know how to determine whether it is a direct or indirect quote?
Whether the currency is base currency or counter currency?

It may seems straight forward in cases like:
SIngapore Company wants to trade with UK company
Currency Quoted 2.2 $/Pound.
This case is Direct quote correct?

Reason: It is singapore based company so the foreign currency is set to 1. Therefore, it is a direct quote. The foreign currency which is traded is counter currency, therefore, Singapore Currency is base currency.

Problem 1
Then what happen if Singapore Company wants to trade with Japanese Company.
There are two quotes.
SG/US$
and Japanese Yen/US $.
In such cases, how to determine which is direct and which is indirect?

 

[soxcotton]

Hi,
Anyone with revision kit for P1 & P3 to give or for cheap sale?
Kindly drop me an email soxcotton@gmail. com.

thks!

 

[seriousbuyer0000]

Anybody know how to determine whether it is a direct or indirect quote?
Whether the currency is base currency or counter currency?

It may seems straight forward in cases like:
SIngapore Company wants to trade with UK company
Currency Quoted 2.2 $/Pound.
This case is Direct quote correct?

Reason: It is singapore based company so the foreign currency is set to 1. Therefore, it is a direct quote. The foreign currency which is traded is counter currency, therefore, Singapore Currency is base currency.

Problem 1
Then what happen if Singapore Company wants to trade with Japanese Company.
There are two quotes.
SG/US$
and Japanese Yen/US $.
In such cases, how to determine which is direct and which is indirect?

for a direct quote, the denominator is always 1. i.e
SG/US$ : 1.37587sgd / 1 usd

for indirect quote, the numerator is always 1. i.e
yen/usd : 1 yen / 0.0106337 usd

hope this helps.

 

[confusion123]

anyone from uol accountancy and finance that continued to acca? can clarify which modules are we exempted from? is hrm included in the exemption if i take that as my elective?

anyone can clarify about the OBU thesis? what kind of bachelor programme is issued along with the thesis? whats the thesis about? do you need any other modules to complete the thesis after the fundamental stage of acca? is your cert going be issued directly from OBU or is it like a distance learning programme in sim? even with a degree in uol a&f i can still apply for that OBU thesis right?

thx

 

[at3li3r]

Hi guys,

i had a question to ask as i am currently a bit lost.

Currently i taking acca and is still have F7 onwards to go on.
Also working in a shipmanagement coy but not related to accounts.
In this line for only 2yrs plus with 2k+ salary and 23 this year..

thinking whether i should continue with acca or change to marine related studies.
i hope to be an accountant but i am afraid i cant complete acca as its getting tougher..moreover i have to experience as i am not working in related industry...

But if i change course of studies then it seems to be a waste to stop at F6.
So if in the end i complete acca then i change to a accounts related job and by then i might have to take a pay cut to change industry..

Anyone kind person can give me some advise?