The upcoming months will most probably be the busiest of the year. Apart from having to study extremely hard and try to get 80+ for my progress tests, I'll also probably have to lead my class (and those who want to join in) to organize some sort of charity fund raising event for the myanmar refugees. Most probably it'll be a carnival of some sort.
August 18 is also gonna be a deciding point during the month. Results are going to be released that day and I'll have to decide (if i fail my Paper 5) whether to take 5 papers this sem and sacrifice most of my social and gaming life or to take 3 or 4 papers only and complete the rest next semester. Most probably I'm gonna go for the first option but that means that I'll have to spend most of my time memorising not only sections in the public ruling and the ISAs, but also management and leadership theories.
Another choice I'll have to make is that whether or not I would want to quit ACCA and take up ICAEW. This year SYUC will be offering those CAT students who did really well for the PTs and MOCK exams a chance to work for either Deloitte Touche Tohmatsu or BDO Binder and study ICAEW part time for 5 years. Well ACCA is indeed recognised globally but if I have the ICAEW qualification, it'll be easier for me to climb up the corporate ladder in the Big 5 accouting firms. Owh and I'll also have a better chance of being promoted to an audit partner in the Big 5 as ICAEW is sorta like the original Chartered Accountants if compared to ACCA. The downside to this is that I'll have to work and study at the same time. And I can only take 1 paper per semester which means I'll take a very long time to finish it up. Any advice on whether I should take it or not?
I'll have 1 month to plan the charity carnival. That includes getting the admin's permission, more people to participate in, decide on how is it going to be carried out and all those things. Plus, I'll have to work with the students from other groups or courses who wants to join in together. Not sure why I've taken the lead to this project.
Another 2 more weeks till results are out. I should be enjoying the time while I can...
Wednesday, July 30, 2008
Tuesday, July 22, 2008
Accounts & Taxation...
2nd half of the year is not one bit like the first term. The timetable are somehow very cramped up that all they can manage is a half an hour break between classes for us to have our lunch / snack. Not only that, the classes usually ends late and that will leave us like 10-15 mins only. Fortunately, some lecturers are kind enough to give another half an hour break during the class which we of course took this opportunity to dash outside to eat.
Besides that, I finally have some homework to do after half a year period of no homework and assignment. Moral studies classes are gonna start this week (on a Saturday!) and that means I'll probably be having assignments to do too. I've been coping with the papers better than i expected, at least I'm able to answer the questions the lecturers throw at me. I am learning to prepare financial statements and accounts for companies for my financial accounting class, learning to do standard costing for managerial accounting class, learning how to compute individual income tax (taxable income) for tax and not sure what I'm learning for audit.
Guess i better get back to my accounts work now...
Besides that, I finally have some homework to do after half a year period of no homework and assignment. Moral studies classes are gonna start this week (on a Saturday!) and that means I'll probably be having assignments to do too. I've been coping with the papers better than i expected, at least I'm able to answer the questions the lecturers throw at me. I am learning to prepare financial statements and accounts for companies for my financial accounting class, learning to do standard costing for managerial accounting class, learning how to compute individual income tax (taxable income) for tax and not sure what I'm learning for audit.
Guess i better get back to my accounts work now...
Tuesday, July 8, 2008
Worn out....
Its been a while since my last post. This is mostly due to the inefficiency of Streamyx who took almost a whole week to transfer the internet connection from the old house to the new one. Ah and i just recently moved into my new house and am still getting used to it.
College started about a week ago. This term, I'll be taking 4 papers as well as an additional one which i have to resit IF i fail it. Well, this means that I will have to spend more time in front of the notes than i usually do. Financial accounting and Managerial accounting isn't that hard due to the fact that I have done the basics twice in CAT already. The other two papers are relatively new to me and will involve a lot of theory and application work. The Audit paper will require me to spend more nights trying to memorize every single fact about auditing when i don't have an idea on how auditing works. I mean, how can you teach something which only involves practical work on paper and have an exam on it. The other paper, which is Taxation, is much more enjoyable. At least there's more computation involve and less theory. Plus, the lecturer is rather strict and attractive.
Classes this term starts and ends at a rather odd time. On Mondays to Wednesdays, classes starts at 11.30 am and ends at 6 pm. On Thursdays, it starts at 8 am and ends at 2.30pm. Oh and i have Fridays off. There's no lunch break for us in between classes, so we wont be having our Dota time anymore. Classes are getting more and more exhaustive nowadays. This is because we will have to give our full attention during classes (especially during Audit and Tax) or risk being confused for the rest of the semester.
About the new house, well you can ask Sher Rin about it. I'm sure she has lots to talk about since she has probably seen it more often than me when it was being constructed. I'll probably invite a few people over in August (a few cause my parents wouldn't like it if I have too many people in the house) just to hang out.
College started about a week ago. This term, I'll be taking 4 papers as well as an additional one which i have to resit IF i fail it. Well, this means that I will have to spend more time in front of the notes than i usually do. Financial accounting and Managerial accounting isn't that hard due to the fact that I have done the basics twice in CAT already. The other two papers are relatively new to me and will involve a lot of theory and application work. The Audit paper will require me to spend more nights trying to memorize every single fact about auditing when i don't have an idea on how auditing works. I mean, how can you teach something which only involves practical work on paper and have an exam on it. The other paper, which is Taxation, is much more enjoyable. At least there's more computation involve and less theory. Plus, the lecturer is rather strict and attractive.
Classes this term starts and ends at a rather odd time. On Mondays to Wednesdays, classes starts at 11.30 am and ends at 6 pm. On Thursdays, it starts at 8 am and ends at 2.30pm. Oh and i have Fridays off. There's no lunch break for us in between classes, so we wont be having our Dota time anymore. Classes are getting more and more exhaustive nowadays. This is because we will have to give our full attention during classes (especially during Audit and Tax) or risk being confused for the rest of the semester.
About the new house, well you can ask Sher Rin about it. I'm sure she has lots to talk about since she has probably seen it more often than me when it was being constructed. I'll probably invite a few people over in August (a few cause my parents wouldn't like it if I have too many people in the house) just to hang out.
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