Sunday, April 27, 2008
Despite writing articles about what I am learning, I realise I had never write the clear introduction about the course I am studying for.
Why ACCA?
Association of Chartered Certified Accountants, better known as ACCA, is the global body for professional accountants. ACCA is the largest and fastest-growing global professional accountancy body with 115,000 members and 296,000 students and affiliates – up over 40% in the last five years. Every eight minutes, somewhere in the world, someone registers to study with ACCA. Besides in the coporate world, if you want to sent accounting documents, financial reports and taxes declaration reports, you would need either an accounting degree in NUS or NTU(not SIM, maybe SMU) or an ACCA certificate to certified that you can be a fully qualified accountant to practise accounting. People who do partial accounting (accounting and finance), finance and business would not be able to sign documents or submit reports related to submit to the government. One of my friends had a degree (masters) in finance and although she held a managerial position and had many years of experience in accounting, she was not able to sign documents and submit reports to the government in her name. Her pay was also shorted as compared to someone similar to her but with an ACCA qualification since she was not able to do the following task. Therefore, for people who wanted a career in finance whether banking or investment, I suggested that you take accounting because it would be really useful to you and please, do not take accounting and something else because it is not a full degree in accounting unless the course states that it is a double degree.
The Registration Part.
There are three ways that you can sign up for the course. Firstly, depending on your training centres, you can sign up at the training centres itself. For my school, FTMS global, you can just sign up at the counter by filling your application form and producing the necessary education documents. The second and most common one is to go to Aljunied and visit ICPAS office at the SAA training centre area. Similarly, you filled in the form and produce relevant documents and they would do the rest. This is the most common approach since ICPAS will directly do your application and submit it to ACCA where else other training centres may also do that but they may also pass it to ICPAS to do the registration for them which may delay the process part of your application. Lastly, you may also register online at http://accaglobal.com/ but do be mindful that you would now have to submit your related education documents yourselves and ACCA would not be responsible if your relevant documents does not go to them which is a hassle as you would have to submit your relevant education documents again and again if they do not receive them. This would delay your registration process. ( I still had not get my ACCA student membership.)
The Requirements
Firstly, you would need to be at least of an age of 18.
Secondly, you need to have a qualification of at least 5 'O' levels or 2 'A' levels with a minimum pass in your English at 'O' level or a degree.
Thirdly, another to qualify for the ACCA is by enrolling in CAT course which takes at least 2 years to complete which I find to be a little time consuming.
Fourthly, have a lot of patience as the process takes a lot of time. I had been waiting for my membership since January and had not received my membership yet.
Thoughts and Feelings
I had no background in accounting at all. In the beginning, it was really tough for me. I could not comprehend what accounting is all about but I learned. Whatever course you are in, you must be an active learner. Be really proactive in your learning. I emailed questions to my lecturers if I had doubts on certain topics. I rasied questions during lecture if I do not know what to do. I listend to podcasts of people from the accounting world. I talked to people in this trade. I lived, breathed and sleeped with accounting. What sparked off as an interest had evolved into a passion and I began to appreciate the accounting standards that I had learned. There is so much thing needed to be learned in accounting and sometimes, you would be caught in a situation whereby you would be overloaded with information. Most of the times, I would just taped my lecturer's lessons and listened to them again and again so that I had a better understanding of the topic. I had also decided that should I orded, I would either take more modules or started to learn the accounting trade by working in an accounting firm.
Why ACCA?
Association of Chartered Certified Accountants, better known as ACCA, is the global body for professional accountants. ACCA is the largest and fastest-growing global professional accountancy body with 115,000 members and 296,000 students and affiliates – up over 40% in the last five years. Every eight minutes, somewhere in the world, someone registers to study with ACCA. Besides in the coporate world, if you want to sent accounting documents, financial reports and taxes declaration reports, you would need either an accounting degree in NUS or NTU(not SIM, maybe SMU) or an ACCA certificate to certified that you can be a fully qualified accountant to practise accounting. People who do partial accounting (accounting and finance), finance and business would not be able to sign documents or submit reports related to submit to the government. One of my friends had a degree (masters) in finance and although she held a managerial position and had many years of experience in accounting, she was not able to sign documents and submit reports to the government in her name. Her pay was also shorted as compared to someone similar to her but with an ACCA qualification since she was not able to do the following task. Therefore, for people who wanted a career in finance whether banking or investment, I suggested that you take accounting because it would be really useful to you and please, do not take accounting and something else because it is not a full degree in accounting unless the course states that it is a double degree.
The Registration Part.
There are three ways that you can sign up for the course. Firstly, depending on your training centres, you can sign up at the training centres itself. For my school, FTMS global, you can just sign up at the counter by filling your application form and producing the necessary education documents. The second and most common one is to go to Aljunied and visit ICPAS office at the SAA training centre area. Similarly, you filled in the form and produce relevant documents and they would do the rest. This is the most common approach since ICPAS will directly do your application and submit it to ACCA where else other training centres may also do that but they may also pass it to ICPAS to do the registration for them which may delay the process part of your application. Lastly, you may also register online at http://accaglobal.com/ but do be mindful that you would now have to submit your related education documents yourselves and ACCA would not be responsible if your relevant documents does not go to them which is a hassle as you would have to submit your relevant education documents again and again if they do not receive them. This would delay your registration process. ( I still had not get my ACCA student membership.)
The Requirements
Firstly, you would need to be at least of an age of 18.
Secondly, you need to have a qualification of at least 5 'O' levels or 2 'A' levels with a minimum pass in your English at 'O' level or a degree.
Thirdly, another to qualify for the ACCA is by enrolling in CAT course which takes at least 2 years to complete which I find to be a little time consuming.
Fourthly, have a lot of patience as the process takes a lot of time. I had been waiting for my membership since January and had not received my membership yet.
Thoughts and Feelings
I had no background in accounting at all. In the beginning, it was really tough for me. I could not comprehend what accounting is all about but I learned. Whatever course you are in, you must be an active learner. Be really proactive in your learning. I emailed questions to my lecturers if I had doubts on certain topics. I rasied questions during lecture if I do not know what to do. I listend to podcasts of people from the accounting world. I talked to people in this trade. I lived, breathed and sleeped with accounting. What sparked off as an interest had evolved into a passion and I began to appreciate the accounting standards that I had learned. There is so much thing needed to be learned in accounting and sometimes, you would be caught in a situation whereby you would be overloaded with information. Most of the times, I would just taped my lecturer's lessons and listened to them again and again so that I had a better understanding of the topic. I had also decided that should I orded, I would either take more modules or started to learn the accounting trade by working in an accounting firm.
Labels: accountancy, accounting
what we could have been, 12:53 AM.
