Showing posts from 2014

Pre-IRC P7AAA message


We worked very hard the past 4 months with classes on practicing questions, covering complex issues and systematically interpreting questions. Now IRC is coming.

I must commend you WORKING STUDENTS in doing the assignments, attending classes, doing mock exams while balancing with your other responsibilities as Professionals, family commitments and extended matters.
You may review the Tests as attached. You may also read the latest P7AAA Article on Latest Ethical Issues dated 23rd Sept, 2014.
An important emphasis in IRC is to use the same concepts and apply them in different case studies context. P7AAA is very practical as in real-life Auditors facing real issues. I would also show that not all marks are created equal. How to get the low hanging fruits and not overspend time on tough issues. The overall theme is PRACTICE! PRACTICE! PRACTICE! 
PS: Please see your email for more P7 AAA review. 

Oxford Brookes - ACCA Intake for Aug/Sept 2014



10 Countries Where Women Are More Educated Than MenYep, it is official. Women being more disciplined, focused are outperforming men in tertiary education. In Substance, they have knowledge and in form, they have that too. Respect women for what they have achieved. Male chauvinists should stop thinking that women place is in kitchen.  More women joining the workforce, this means somebody has to stay in kitchen. If too relaxed, it could mean men as the home-maker while women as the bread winner status. ACCA RESULTSResults are out. Look, cry/laugh, and move to next step. Never Give Up! Many succeeded as ACCA Graduates but it comes with tears, lots of determination and time. Invest in your future and do your best. Women worldwide have done it, now that is a respectable example to imitate. 

The value of education is boundless and for many it grants the opportunity to have a fighting chance in the competitive and increasingly selective arena of the professional world. The rise in female …

URGENT : YOU HAVE MAIL - P1GRE - Revision Students

Dear P1 GRE Students, 

URGENT: P1GRE June 2014 Target Questions & Answers

To my P1 GRE Candidates (Intensive Revision Class - Students) ,

"Be forewarned is to be forearmed."

This means to prepare for the topics that are likely to come out in exams.

I thought of adding value to your preparations and to optimise your exams success. I have sent via email the Target Questions with special emphasis on new type of questions. Never tested before questions!
The questions come with answers. I hope you spend an insanely amount of hours to practice on past years questions and my revision pack.

Wishing you ultimate success in ACCA exams,

Your dedicated lecturer,
Marcus Ong. 

Disclaimer of Liabilities: Over-reliance on the Target Q&A is both detrimental to your exams success and emotional well being. I always emphasise the need to prepare for entire syllabus with special emphasis on selected topics.

Top Tips from ACCA Medalists

Dear candidates, 

I have just completed a few Revision Classes. Really intensive and constructive. I appreciate that you all really, really did your best. Attending classes, work in office that comes with less understanding boss and family responsibilities either your own kids or taking care of parents-siblings. 
Well, I support you! I enjoyed working hard with you during the Intensive Revision classes. You were focused, yet not to seriously stressed. You were identifying the exam techniques and know that rote learning will not do. 
Enjoy the Video on TOP MEDALISTS sharing their experiences on how they succeed. Listen to it over and over again that will boost your motivation. 
All 3 top medalists are WOMEN. CONGRATULATIONS! I always respect individuals who value Hard Work.
Like I always assert in class, the fairer sex is more intelligent, disciplined and focused. Men? Well, the opposite - dark skinned sex, distracted and side-track tendencies. 
So, may we men learn from women. Be humble an…

Forensic Audit Interview with PWC on BFM

- Related to P7 AAA Candidates

Exam pressures are closing in. Nice to relax for a while. Heard a good practical interview with Director of Forensics Lead Alex Tan on approaches on survey related to Corporate Fraud. This is an international studies and as you have guessed right that Malaysia is ranked quite high on Fraud risks. As you can see many 'unresolved' scandals posted below. Note that the sources were taken from Government controlled press. Biased it would be in "protecting" its own leaders. But have a read and see if you can't help it but see glaring Corporate Governance failures, lack of accountability and opaque explanations.

To play the above mentioned interview, please go directly to link below:
PwC's 2014 Global Economic Crime Survey - The Malaysian Cut Sit back and enjoy this interview of about 30 minutes. It touches on Forensic strategies, ethical approaches in conducting it and Report Assurance Findings (also known as Negative Assurances…

Toughest Job that no Chartered Accountants want!

Hi ACCA Candidates,

Truly exciting prospects you have when you graduate. Of course, you will choose a career that is promising. Not one that works you 365 days a year!

Will you choose this job? Follow the interviews on the video below and tell me what you think. You may not be qualified for the job though, as it requires Finance Degree, Social Science with excellent inter-personal skills and not to forget culinary skills.

Happy studying and sharpening exams techniques.

Best regards,


Prizewinners from the June 2013 exam session hail from around the world. 
Discover their top exam and study tips. Perhaps their advice could help you.

Gold medal winner, 407 marks
Roshenka Madanayake, Sri Lanka
'My exam preparation tips include employing effective time management,
revising the entire syllabus and practising past exam questions.
If nothing else, practise as many past exam questions as you can.
They are a lifesaver as they provide some insight into what’s to come.

Silver medal winner, 393 marksAnitha Sudarsanam, Singapore
'To succeed in the exams, it is crucial that you are well prepared by covering the
entire syllabus and working through past exam papers. It is also important that you
read through ACCA’s exam resources, the examiner’s reports and technical articles,
especially when preparing for Professional level papers.

'It is vital that you answer the entire paper, all questions and all parts of the questions.
Time management is very important and if you get …


Hi ACCA Candidates,

Happy in receiving all your sms, emails and calls that you passed your attempted papers. However, those who re-sit, remember NEVER NEVER GIVE UP! (Winston Churchill, 1939).

85% of all ACCA Graduates didn't get straight passes. That includes Tony Fernandez, Wahid Omar and others. To balance studies, work and family responsibilities are challenging but not impossible.

There is Opportunity to equip yourself with University Degree with 45th highest ranking University in UK.

Happy to share that as mentor, my students achieved 100% Passes for 1st intake 2013! Simply excellent and big Congratulations to them including one from New Zealand!

Please register soonest as closing date is on 22nd February, 2014. Limited space available subject to my time schedule.

Invest in a BETTER FUTURE!

Mentoring for Excellence in ACCA-OBU since its inception in 2001.