The Association of Chartered Certified Accountants (ACCA) is a British accountancy body which offers the Chartered Certified Accountant (Designatory letters ACCA or FCCA) qualification worldwide. It is one of the world's largest and fastest-growing accountancy bodies with 140,000 members and 404,000 affiliates and students in 170 countries (as at April 2010). The Institute's headquarters are inLondon with the principal administrative office being based in Glasgow. In addition the ACCA has a network of nearly 80 staffed offices and other centres around the world.
Source : Wikipedia
After completing my foundation studies in UTAR, again it has created another twist in my route. I was contemplating whether to continue my 3 years accounting degree course there or to take the pass-or-die programme, which is what mentioned above, ACCA examinations. In order to become the affiliate of the professional body, one must at least pass 14 papers. Currently I am doing part one which constitutes F1 F2 and F3. A safer option would be to complete the accounting degree first and apply for exemptions for ACCA papers. Maximum exemptions entitled are 9 papers and the candidate is require only to take up the remaining 5 papers. Worst to worst, the candidate still posses a degree qualification should the candidate fail to complete the remaining papers. The reason why I put it a pass-or-die exams is that I will only left with my foundation in arts qualification if I fail to pass in minimal time. The pro is, I have the flexibility to look for different lecturers for each papers, with vast experience and with excellent teaching and mentoring records recommended by former students. The appealing part of it is, I can become an ACCA affiliate or probably the member of it in minimal time, the chartered accountant. My only concern is the low passing rates among ACCA students as the exams are really tough.
Going against the odds has always been perceived as something should not be done. While I agree partially with it, deviance does has it own advantage as well. The norms sometimes build complacency, where in the end the process of learning is disrupted. A lot have questioned about my decision and mostly did not agree with what I have done.
Quit matriculation offered by government with monthly allowances, free accommodation and an almost certain entry to public universities.
Turning down the scholarships worth 50% of course fee offered by UTAR to continue with accounting degree after completed foundation studies with qualified CGPA.
And now I have chosen to take ACCA exams directly.
Would this be the best route for me? I do not know.
Now I have made the decision and I am going to live with the decision. Prove the critics wrong and start moving. My F2 lecturer is somebody different, from a fishmonger to now a tycoon. His favourite question, 'How good you want to be?'.
The people who risks nothing, learns nothing, have nothing, is nothing.
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