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New to ACCA - help wanted

  • 13-12-2011 12:18am
    #1
    Registered Users, Registered Users 2 Posts: 20,003 ✭✭✭✭


    Hi All,

    I have recently joined the ACCA and now looking to sit exams next June.
    From reading posts on here over last few months, Kaplin seemed to be the best for notes? - so was going to get the premier pakage - £265.

    Note: i will be doing distance home learning only.

    A few questions i need to clear up, i registed with the ACCA in November, is it right to say that i only have to pay agian next November - apart from like £80 to sit each exam?

    What is the difference in Irish and International variants when it comes to me sitting the exams and getting qualified?

    I'm thinking of sitting F5,F6 and F7 - is this a crazy idea?
    I have exemptions from F1,F2 and F3, i haven't really done much accounting in last few years, since my leaving - but that seemed to be easy so not sure if that combination above would be too much work?

    Also what is this BSc (Hons) degree in Applied Accounting from Oxford Brookes University that is advertised, is this any way useful, or just somthing to have on a CV - has anyone here done it? - from looking at sites, it appears i submit a project after i have F1- F9 done?


    As you can probably tell I don't really know too much in regards the whole scheme of things, but this is probably the best place to start.


Comments

  • Registered Users, Registered Users 2 Posts: 1,081 ✭✭✭thefa


    Unfortunately you have to pay er calendar year. I registered around May and how now got notice to pay my 2012 sub. Check up you my ACCA account under the fees section to see if they've applied it to you.

    IRL variant is just one tailored for the Irish system like F6 IRL is for the Irish tax system. It doesn't restrict your qualification to have done the Irish variant.

    3 exams is doable depending on the circumstances. I done F6 this day last week and am doing P1 tomorrow and it's tough going because I'm working full time with not that much time off for study leave plus there was an 18 month gap since my last exams so I felt rusty in that regard. Other commitments have to be factored in too.


  • Registered Users, Registered Users 2 Posts: 20,003 ✭✭✭✭Ace2007


    Yea i was on the fees section and they was no mention about it.

    Regarding the 3 exams, my questions was more the combination that doing three, for example do subjects build on one another?


  • Closed Accounts Posts: 3,339 ✭✭✭tenchi-fan


    Hi Op..
    doing so many subjects by distance learning sounds horrendous! I personally would find it hard to stay motivated.

    Also, I did one subject by distance learning before and I have to say, there is just so much in the notes.. when you attend lectures they usually give good guidance on what can be skimmed over and what you really need to know. So distance learning may end up being a lot of wasted effort.

    Don't worry about the variants, just do the Irish variant.

    I am open to correction on this, but if you already have a business degree I probably wouldn't bother with Oxford Brookes. ACCA do not require you to have a degree to practice, however some countries do. I think Oxford Brookes satisfies that requirement. Perhaps you should ask your college whether they recommend it, and is there much study involved?


  • Registered Users, Registered Users 2 Posts: 20,003 ✭✭✭✭Ace2007


    Lectures ain't really an option, i've had a look at some of the timetables, and with work I just don't think i could make it, nor could i make some of the all day classes held during the week, i just figured with 5 months before exams that 3 subjects would be doable.


  • Registered Users, Registered Users 2 Posts: 7 yxljan


    I guess for the tax paper (F6), u will have no choice but to take the Irish tax system.
    But for paper F7, you can choose to take the Int variant but in the event that you opt to take advanced audit and assurance in the future and practice in Ireland or UK, u will have to take the irish or UK variant since there are certain parts of the syllabus that are specifically tailored for these countries. So u will have to choose UK or Irish variant. In this instance, it is better off to choose and study the UK or Irish variant.

    Hope that helps. Anyway, taking 3 papers are doable as long as you are committed to studying consistently. Its good to prepare early.

    All the 3 subjects are basically not really link together as compared to the Professional level papers which are very much linked to the fundamental papers.


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  • Registered Users, Registered Users 2 Posts: 264 ✭✭MartyM


    Ace2007 wrote: »
    Yea i was on the fees section and they was no mention about it.

    Regarding the 3 exams, my questions was more the combination that doing three, for example do subjects build on one another?

    Completely non related subjects.

    F5 => Builds on F2 Mgmt Accounting
    F6 = Tax (obviously)
    F7 => Builds on F3 Financial Accounting

    These are the 3 toughest F's, you would be crazy to do them together!

    Take F6 and one other....maybe F5.

    Take F7 with F4....that should give you a feel for F7! :)


  • Registered Users, Registered Users 2 Posts: 1,287 ✭✭✭SBWife


    F5 and F6 aren't particularly difficult.

    F7 is technical put passable if you put the time in.

    I managed F5, F7, and F9 in one sitting and F9 is much more difficult than F6.


  • Registered Users, Registered Users 2 Posts: 264 ✭✭MartyM


    SBWife wrote: »
    F5 and F6 aren't particularly difficult.

    F7 is technical put passable if you put the time in.

    I managed F5, F7, and F9 in one sitting and F9 is much more difficult than F6.

    I guess its down to the individual.....I would take F9 anyday before F5 or F6. The syllabus size in F5 and F6 is far greater......but maybe Julie H in DBS just tried to cover every tax angle that could possibly come up!?


  • Registered Users, Registered Users 2 Posts: 20,003 ✭✭✭✭Ace2007


    Ok, after much thought, i've decided on doing F4, F6 and F7,

    F4 & F6 - irish variant - BBP site only gives options for December 2011 - when will this be updated for June 2012?

    F7 going to buy this from kaplan and doing international.


  • Registered Users, Registered Users 2 Posts: 20,003 ✭✭✭✭Ace2007


    Ace2007 wrote: »
    F4 & F6 - irish variant - BBP site only gives options for December 2011 - when will this be updated for June 2012?

    Anyone know when i can buy these online?


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  • Registered Users, Registered Users 2 Posts: 1,287 ✭✭✭SBWife


    About feb for the new editions. There shouldn't be an issue with using an older edition for the law paper F4 but F6 in June will be based on 2011 tax code.


  • Registered Users, Registered Users 2 Posts: 346 ✭✭deepriver


    Ace2007 wrote: »
    Hi All,

    I have recently joined the ACCA and now looking to sit exams next June.
    From reading posts on here over last few months, Kaplin seemed to be the best for notes? - so was going to get the premier pakage - £265.

    Note: i will be doing distance home learning only.

    A few questions i need to clear up, i registed with the ACCA in November, is it right to say that i only have to pay agian next November - apart from like £80 to sit each exam?

    What is the difference in Irish and International variants when it comes to me sitting the exams and getting qualified?

    I'm thinking of sitting F5,F6 and F7 - is this a crazy idea?
    I have exemptions from F1,F2 and F3, i haven't really done much accounting in last few years, since my leaving - but that seemed to be easy so not sure if that combination above would be too much work?

    Also what is this BSc (Hons) degree in Applied Accounting from Oxford Brookes University that is advertised, is this any way useful, or just somthing to have on a CV - has anyone here done it? - from looking at sites, it appears i submit a project after i have F1- F9 done?


    As you can probably tell I don't really know too much in regards the whole scheme of things, but this is probably the best place to start.

    Just picking up on a couple of points...

    Paper variants relate to the content, so for tax you would prob sit the Irish variant, but for Audit the International

    I found Kaplan books poor and more like notes than officious texts, I would look into BPP texts especially for f6. Bear in mind past papers are very important and much of your study will be done from these and theyre free on the acca website (they also provide the answers)

    The oxford brookes degree is an optional 10,000 word dissertation which awards a degree and you need a mentor to complete it, its relatively new on the syllabus

    My personal experience of doing acca exams.. I was exempt f1-f5 and sat the f8 in December gone, I found it very challenging and quiet taking the f7 exam so I would have enough time to study for it, I think I passed but there is a bit of a learning curve with these exams, so I wouldnt bite of more than I can chew..


  • Closed Accounts Posts: 90 ✭✭macfhinn


    what is the registration deadline for the June 2012 exams?


  • Closed Accounts Posts: 5,943 ✭✭✭smcgiff


    macfhinn wrote: »
    what is the registration deadline for the June 2012 exams?

    www.accaglobal.com ----> Student section


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