Studies
Glynis
Registered Posts: 488 Dedicated contributor π¦
I have been trying to get on a course to study F8 but it's proving impossible. BPP and Kaplan want so much money I can't afford it and they don't give discount for older students or let you pay monthly. I can get it cheaper at my local university but the tutors are not good. Has anyone any ideas? It seems silly that the ACCA themselves can't sort courses out.
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Have you looked at OpenTuition - the FREE website that has been recommended to you numerous times?
Also, how do you know the university lecturers are 'not good'?0 -
To get the notes you have to register and it won't let me register. I have tried a lot before.
I have been to see the university tutors before and was not certain the audit tutor knew very much about F8 because they kept fobbing my questions off. I desparately need to get through this paper so I need really good teachers not some who won't get me through.0 -
To get the notes you have to register and it won't let me register. I have tried a lot before.
You only need to select a username and password, and also give an email address.I have been to see the university tutors before and was not certain the audit tutor knew very much about F8 because they kept fobbing my questions off. I desparately need to get through this paper so I need really good teachers not some who won't get me through.
Unfortunately, you're only going to get good teachers if you are willing to pay for them - you get what you pay for! Have you seen the passrates for the university you visited?
Just out of interest, how have you studied for F8 so far?0 -
I have been to see the university tutors before and was not certain the audit tutor knew very much about F8 because they kept fobbing my questions off.
They're there to tell you about the course, not to answer audit questions. It wasn't a 1 hour free tuition session but a chance to tell you about the course.0 -
Glynis,
Think about some cost benefit analysis.
F8 Exam costs : Β£72.00
BPP Revision course costs Β£460 Approx....
I believe you have failed F8 twice now? so far you have effectively wasted Β£144, Β£72 of which could have been put towards a revision course effectively reducing your cost to Β£390, now i understand that times are tight for every one and to shell out Β£460 in one go is allot, but are there any chances of alternative funding, say a credit card or perhaps a small loan from your bank?
If you were to put in on a CC with an interest rate, and only pay say Β£100 off a month, which should mean your CC is clear just in time for the next course,
Yes your going to get hit with some interest charges but you will be that little bit closer to getting fully qualified and a potential higher salary.
Short term cost for long term gain.0 -
Glynis,
Think about some cost benefit analysis.
F8 Exam costs : Β£72.00
BPP Revision course costs Β£460 Approx....
I believe you have failed F8 twice now? so far you have effectively wasted Β£144, Β£72 of which could have been put towards a revision course effectively reducing your cost to Β£390, now i understand that times are tight for every one and to shell out Β£460 in one go is allot, but are there any chances of alternative funding, say a credit card or perhaps a small loan from your bank?
If you were to put in on a CC with an interest rate, and only pay say Β£100 off a month, which should mean your CC is clear just in time for the next course,
Yes your going to get hit with some interest charges but you will be that little bit closer to getting fully qualified and a potential higher salary.
Short term cost for long term gain.
Add into that the annual subscription for this year and that's almost half the course paid for!0 -
I have been trying to get on a course to study F8 but it's proving impossible. BPP and Kaplan want so much money I can't afford it and they don't give discount for older students or let you pay monthly. I can get it cheaper at my local university but the tutors are not good. Has anyone any ideas? It seems silly that the ACCA themselves can't sort courses out.
Distance learning doesn't seem to be working for you.
That leaves BPP/Kaplan or the cheaper University option.
I'd check out how much tuition times you get at all options? BPP/Kaplan are good but I wouldn't write off uni's too soon.0 -
they don't give discount for older students or let you pay monthly.
Found this Gylnis
http://financial.kaplan.co.uk/TrainingandQuals/Accountancy/ACCA/why-study-acca-with-kaplan/Pages/flexible-payments.aspx
(Payment Plans btw)0 -
I have been trying to get on a course to study F8 but it's proving impossible. BPP and Kaplan want so much money I can't afford it and they don't give discount for older students or let you pay monthly. I can get it cheaper at my local university but the tutors are not good. Has anyone any ideas? It seems silly that the ACCA themselves can't sort courses out.
I think somewhere in other posts have been answered to all of this, don't know what more can be suggested, this is ACCA and nothing has to been "sort out"
If I was you, I would choose ACA, at least you get more exemptions0 -
I think it would be difficult to gain a training contract at Glynsis' age. Difficult, but not impossible!!
(And before she goes off on one Iβm not slagging her, constructive criticism).0 -
Glynis, what are your thoughts on this?0
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Why with ACCA not? I am sure you need to do 3 years experience before you can use the letters after your name
To quote the ICAEW websiteTo qualify as an ACA all students must complete a training agreement with an organisation that has been authorised by ICAEW.
It is likely to cover:
starting time - training agreements can start at any time of the year
the length of time your training agreement will cover - eg, three years
the number of exam attempts your employer will support
what your employer will give you in study leave and how the exams should be fitted around work
An ACCA student can be working anywhere while they are studying, but have to obtain 3 years accounts related work experience, either before, during or after their studies to become a full member. They don't require the employer to be ACCA accredited.
ACCA also require that you achieve 13 Personal Experience Requirement objectives and undertake a Professional Ethics module prior to becoming a member.0 -
It's weird ACA are so strict with UK students, instead if a student that come abroad with his/her own accountancy qualification can get ACA straigth away without even open 1 book or working under an authorised organisation..0
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It's weird ACA are so strict with UK students, instead if a student that come abroad with his/her own accountancy qualification can get ACA straigth away without even open 1 book or working under an authorised organisation..
Can you explain what you mean here, with the relevant details?
The training requirements for ICAEW/ACA students are global. ICAEW does have reciprocal arrangements with some accountancy bodies (ICAS, CAI etc) for direct entry to ICAEW membership, but only if the "other" body has similar training/education requirements. No such arrangement exists for CIMA, ACCA or CIPFA members, who would have to have 5 years post qualification experience if they wished to become ICAEW members.
Neil0 -
Can you explain what you mean here, with the relevant details?
Neil
http://www.icaew.com/en/join-us/members-of-other-bodies/eu-directive-on-the-recognition-of-professional-qualifications
If you are a members of another professional accountancy body within the EU you can get ACA without do any studies/test, nothing. I'm finding this crazy, sure every country has its differences, ok for the double entries, but at least someone should study UK tax if you want to have this qualification.
I know this is possible because a colleague of mine got ACA in this way.0 -
[QUOTE=Londina;221929If you are a members of another professional accountancy body within the EU you can get ACA without do any studies/test, nothing. I'm finding this crazy, sure every country has its differences, ok for the double entries, but at least someone should study UK tax if you want to have this qualification.
I know this is possible because a colleague of mine got ACA in this way.[/QUOTE]
The EU reg is something the ICAEW have to comply with, as do other professions, regardless of the impact this may have on other members. The qualification does have to be of a certain standard and, according to the link you posted, the applicant does have to sit an aptitude test made up from a combination of ACA examinations.
Neil0 -
The EU reg is something the ICAEW have to comply with, as do other professions, regardless of the impact this may have on other members. The qualification does have to be of a certain standard and, according to the link you posted, the applicant does have to sit an aptitude test made up from a combination of ACA examinations.
Neil
The aptitude test is not compulsory, some applicant have to sit and some not (like my colleague).
Anyway I still think an aptitude test is very little, comparing with what a UK student have to go through, if someone wants to "convert" his EU qualification into ACA, at least he should study the taxation modules, as every country have different rules.0 -
I'm sorry, but I disagree, the whole point of the EU is that there is free trade and swapping of resources, including personnel. If skills would not be transferrable, how would that make it easier to move between countries?The aptitude test is not compulsory, some applicant have to sit and some not (like my colleague).
Anyway I still think an aptitude test is very little, comparing with what a UK student have to go through, if someone wants to "convert" his EU qualification into ACA, at least he should study the taxation modules, as every country have different rules.
They have already been through the study in a different country, the studies are of an equivalent level and most will require 3 years working experience as well. Saying that it's not fair to see what UK students have to go through, while they can just convert their qualification says exactly that. They have gone through it already, they just convert it.
A lot of the accountancy studies are now based on the IFRS, so they are more transferrable between countries nowadays. If you hire someone in an practice, you would expect them to be qualified enough to take on the job, without needing huge amounts of training. They may be behind on the tax knowledge, but even in tax, a lot is based on the same principles, and usually as long as they know where to find the detailed rules back (tax guides etc), they will be able to pick it up quick enough.0 -
...(like my colleague).
Out of interest, waht qualification does your colleague hold?Anyway I still think an aptitude test is very little, comparing with what a UK student have to go through, if someone wants to "convert" his EU qualification into ACA, at least he should study the taxation modules, as every country have different rules.
The apptitude test is made up from existing ACA examinations, so if a candidate were to take it, ICAEW could put the relevant tax exams in there if they saw fit. It may be that in additon to any EU reg, the ICAEW may have a reciprocal agreement with your colleagues qualifying body. This would mean they recognise the other body's education and training as equivalent to that required for the ACA. Like Rinske mentioned, they've gone through the training, so they haven't had it any "easier" than a UK ACA student.
Neil
Neil0 -
Out of interest, waht qualification does your colleague hold?
Like Rinske mentioned, they've gone through the training, so they haven't had it any "easier" than a UK ACA student.
Neil
I agree with you and Rinske, however you have to consider that maybe other EU bodies have differente rules or are not as strict as UK bodies, for example in this case ACA.
Let's take again my colleague, he's qualified somewhere in EU (can't say the country in case he's recognisable..)as a business advisor/accountant, after 4 years of university studies, he did his "working experience" in his father's business...than he came to London and started to work in my practice.
He couldn't understand the double entry, he didn't know there was a straight line method for the depreciation (he only knows reducing balance..), he struggled to do journals adjustments, he could't produce an extended trial balance, he had no idea of capital gains, capital allowance and other tax computations..Because of this, he has been moved into consultancy, instead of dealing with technical accounts..
...meanwhile this person has been allowed to have ACA after his name (without studying anything) and he's even boasting about it.
I'm finding this unbelievable.0 -
I'm finding this unbelievable.
Unfortunately, if he's gained ACA through EU recognition as opposed to agreement reciprocal recognition, I believe the ICAEW may not have a choice but to recognise the qualification. Although at the same time, I suppose it's not necessarily an easier route to ACA, but does seem unfair on the ICAEW/ACA student and membership base.
Neil0 -
got a bit off topic on this.....
bit narked that glynis has decided to ignore our messages on this thread and start another one... i suppose i should have known better to try and offer up advice....0 -
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About 7 years ago I heard of an American girl studying accounts at uni and when she came to the UK she was awarded ACA without work experience (I think) this came from her boyfriend who was slaving away at the weekend studying ACCA.
So I am not really shocked to hear it but yes seems so unfair0
