分享下 QP – FPE 我覺得既 Pass Golden rule

實戰經驗，我認為 Golden rule 係:

1. “做” past paper:

唔係睇完望答案，用手寫，一路做，一路身邊放好自己所有 notes，唔識就開書，當自己考緊試咁寫，我 Pass FPE 個次，一份 paper，做連埋研究對答案，我要一日半，我用來做 past paper 既紙， 疊起來有一個 module 既 CLP 厚。

2. 睇 CLP 方法:

速睇，唔好要明哂，d 野 好難明既，唔好轉牛角尖，好快咁有個 idea 就得，以做 past paper 為主。

3. 補習:

可以選 FTC/BU，佢地會精選d past paper/essential note ，個d 題目都幾好用ga，用作最後 review~

4 .Critical file:

有人會寫低d CLP main point，我就反而唔會，因為補習個度(FTC/BU) 已經有 1 set 比我，我唔會浪費時間再做。我既 Critical file ，只有一樣野，Past paper 既 Question，同answer，咁點做呢？

大家都知有 Special topic 。我就會用 special topic，來選一d 以前past paper 成日問既野，放入去，仲會做個 heading ，知道問乜個時，要答乜。(Module A 同
C 用呢個方法最有用)

Module B & D，真係無計，佢d special topic = 無，我都要開 CLP/textbook 先做到 past paper.

5(a). Module B 點溫：

呢科係好虛無既，絕對考你臨場吹水，CLP module B 幾乎無用，除左某d 計數類既 formula 要記之外，其他野真係有睇內無睇一樣。我自己就做左 2-3 年past paper 後，先可以掌握到 module B 想我答乜，要我講既，就係用 common sense 吹大水….=_=

5 (b). Module A 點溫：
Special topic，其他我唔睇。

5c. Module C 點溫：
以 past paper 問法做重點，年年問既都差唔多。

5d. module D tax 點溫：
呢個真係無 quick road, 真係你做得多，就贏面大，佢d tax question 會搞到好煩，做得唔多既，真係會玩死你。想當年佢d salary tax 真係煩到…. @_@

總結：
30% CLP, 70% past paper.

祝考試成功。

美國CPA Vs CIA

Q. What are the market value of AICPA and CIA in HK and China?

Ans: It depends on individuals:
AICPA members are only qualified accountants when you come to sign off attestion reports for American listed companies.

It is an ICFR requirement from SOX 404 that managment accounts are prepared or reviewed by a qualified accountant if you are an American listed company. Just image how many MNCS are listed in American stock exchanges… And AICPA can have MRA with first tiers accounting professional bodies such as CICA, ICAA, JICPA…

Moreover, both CIA and AICPA may have great market value for individuals.

The world economy and capital market are basically driven by US in a large extend. I work in China and see many Chinese domestic enterprises looking for financing from Nasdaq or NYSE. The demand for AICPA is huge, wou will be positioned as controller or even CFO (with Big-4 or investment bank experience).

Regarding CIA, needless to say for SoX 404 requirements. If you have CIA, you’re not difficult to find an IA job. It’s hot !!!!

However, it is hard to have competitive advantage if you just have CIA/CISA; most job seekers will have CPA,ACCA,MBA ,CFA besides CIA/CISA.

Local companies and international accounting firms are dominated by ACCA (ACA) and CPA; therefore they will definitely hire own fellows.

US GAAP is far more rigorous, complex and comprehensive than HKFRS/IFRS. US Taxation is also compatible to international system, but not simple HK tax scheme Just be open-minded. That is all.

Q. is cia just hot in china? will cia increase value due to SOX 404 and Corporate Goverance Code?

Ans: As a qualified accountant, it is definitely a plus if you have CIA designation when you work as an internal auditor.

Many years ago CIA partnered up China Internal Audit Authories to train internal auditors. There are more than 5,000 CIA graduates in China now: there is a chapter in every first tier cities.

CIA is hot in China, I guess I know why CIA is cheap in HK. When we graduate from university, how many people rush to do IA work, they all go to big-4s. When they gain CPA title, they still don’t know the value IA can deliver. I have been the process before: when I worked for big-4 and wanted to commercial, I never considered IA job. This wrong mindset hasn’t been changed for a decade.
In my views, CPAs in audit firms know nothing about real business and operations, but CIAs do.

Introduction

Well, this is only a personal blog. Mainly for collecting info of Accounting & other business industries

As u c, i am still a college student. So i will put links of the articles that inspires me, hopefully will be useful for you all too.

There is only one year left before i get my bachelor degree in Accounting & Human resource management. I am struggling for my GPA, while fighting for my first job.

On July 21st, I need to take the IELTS exam in SF, it is a basic requirement for foreign students to start work for mutinational corporation in HK. Such as KPMG, Hang Seng Bank…… Wish myself good luck, I am targeting 8~9, although I know it is hard to achieve, but anyway, I will try my best. This is only the first small step.

After go back to Hong Kong in the end of Auguest, the working application period will soon start. I am looking forward to work for PWC particularly, compared with other big 3, the working pressure is less and that will enable me have time to learn other things, such as preparing for the HKICPA exams. If unluckily, i am rejected by them, hope i can work for any one of the big 3 left. There is no discrimination for me to put PWC as the first choice, for me, hard working is surely important, however, personal growith is essential too.

Wish myself good luck, and also wish all the fresh graduate of 2008 good luck too!

Hello world!

Welcome to WordPress.com. This is your first post. Edit or delete it and start blogging!