ACCA talk~

Date:28 August 2008

Time: Afternoon

Venue: the Room Opposite Stad office at PS building

Is accounting a Career for you:?

Am i ready??

I attended a talked yesterday( 28 August) organised by Accounting Club. It's a talk on ACCA( The Association of Charted Certified Accountants). To be frank, i really have little knowledge regarding "what's ACCA all about??" and " why should i take it??"

Mr. Ang Wen Hau ( representing ACCA) answered my doubts in my mind. He explained to us with lists of FAQ he accumulated from various University Undergraduates.

Why ACCA?

ACCA will assisst career progress in any organization and field. In other words, it is relevent whereever you are.

The "token" from the talks~a notebook and a booklet filled with info

What's the remaining five papers do we have to take??

ACCA is made up of 14 papers in total. With Degree in Bachelor of Accounting( Honor) from MMU, we could then be exempted from 9 fundamentals papers. The 9 papers are to assess candidates' knowledge and skills in Acounting. However, it would be mandatory for us to take another 5 papers with we were to pursue in ACCA. the five papers inclusive of the following

Exam+ethics+experience=ACCA?

Essentials:

• Professional Accountant
• Corporate REporting
• Business Analysis

Option: ( choose ONLY two out of four)

• Advanced Financial Management( less favourable)
• Advanced Performance Management
• Advanced Taxation( high passing rate)
• Advanced Audit and Assurance

DO you have passing Quota?

the passing rate is 50 %. No quota is set. Eventhough you obtain 49%, you are still considered FAIL~~~

Part time or full time?

It's FOC-FREEDOM OF CHOICE. On average, we could obtain ACCA qualification within one year if we study full time, and two years if we study part time. He told us something which FREAK ME OFF!!! A friend of his was studying part time for ACCA and working in one of the BIG FOURS. She was PRETTY. He said that if she were to involve herself in beauty peagent, she would definitely WIN.. Mr. Ang met her again after eight months . GUESS wat?? He almost called her " AUNTIE"...so, " it's not easy studying and working huh~??"

How do i study for ACCA?

You could either choose to buy the book and self-study or attend tuition. Tuitions instituitions are categories according to their average passing rate. For instance, Sunway is ranked as Platinium whereas Kasturi is ranked as Gold. Platinium ranking has higher passing rate than Gold ranking. Each instituition charges different rate of tuition fees.

How do i register for ACCA?

Via online or posting registration forms. Once you register, you have to pay 64 pound of registration fees and finish the study within ten years.

For more infor===>

Comments:

This talk did clear doubts in my mind.However, i am still hesitating whether ACCOUNTING IS A CAREER FOR ME , whether i want to be OUTSTANDING~ having the price paid is my youth~IT's really not easy to work and study at the same time.