讚美之泉 Stream of Praise 1

寶貴十架 Precious Cross



I pray 禱吿



世界的光（Chinese version of the song - Here I am to Worship）

2/9/2009

Yesterday during my devotion period, i read a book written by a professor during a graduation ceremony speech. His speech was given to introduce and prove the existance of Christ to the graduating students. I remember one of his example which Revelant Wong from Trinity Methodist Church ever shared. I think he also got this example from this book or somehow from the same source. This book is named as "Is Jesus God?" written by John Maisel. I got this book during the speech given by Revelant Dr. Stephen Tong.
In the empire of Nicholas II, A young man was sent by his father to army for training for disipline. The young man had a bad habit of betting. Even when he was in the army, he still bet with his fellow friends in the army.
In the army, he was given the job of accouting. When he lose lots of money through betting, he took the money from the monetary bank and repay his debt. He won less but lose even more.
One night, when he counted how much did he lose, he found out that the amount is too big for him to pay off. He wrote in the book of accounts "My debt is too big, Who can repay?" He sat at his chair, with a gun in his arm, thinking and thinking. While he was still thinking of his own live and death, he slept.
That night, Nicholas II went for checking in the army camp. The king went inside the young man's room, saw the sleeping man, with a gun in his hand, with a opened book of account.
When the young man awaked, he saw on his book of account, writting : "My devt is too big, Who can repay?" Below, written : "All has been paid, Nicholas II".
This story tells us that, we owe God as much debt as the young man and is unable to repay. Jesus like Nicholas II help us to repay.
Yesterday night, i had a class of F4 Corporate and Business Law. In tort, a case of Donoghue v Stevenson was taught.
Facts: A purchased a bottle of ginger beer in a dark opaque bottle. A gave it to a friend (P) who poured it out into a glass and drank it. When the remainder was poured out of the bottle, there was a dead decomposed snail which floated out. As a result she became very sick and ill as she had consumed part of the ginger beer.
P could not sue the shop owner who sold the ginger beer as she did not purchase the ginger beer herself. There was no contract upon which to sue. Therefore she sued the manufacturer.
The court held that: Even though there was no contractual relationship, every manufacturer of goods owes a duty to provide his product in safe containers and is responsible if he breaches the duty.
Lord Atkins came out with a principle: "Every person owes a duty of care to their "neighbour". A neighbout is a person who is so closely and directly affected by my actions that i ought reasonably to have them in contemplation as being so affected.
According to my teacher, she fell sick of nervous shock and was proven by the doctor. But why Lord Arkins came out with the "neighbour" principle? Nothing to do with the case. My pastor shared this case with me in Trinity Methodist Church before. Love your neighbour like you love yourself. This is stated in the bible. Neighbour in the bible is means the same as what Lord Atkins principle. This shows that Lord Atkins was holding bible's principles as a principle of the case.
Bible principle can always apply to our daily lifes even when during work like Lord Atkins. There should be no reasons for us to say we are unable to apply what we learnt during the Sunday Service or what we learnt from the bible.
Written 10.01am

Choosing ACCA

ACCA course is designed specially for those who wants to be a professional accoutants. ACCA provides easy entrance and fast completion of the course available.
Firstly, entering into ACCA will require an age of 21 as a mature entry. Second way will be obtaining an A-Level Qualification or equivalent and reaching an age of 18.
ACCA also provide Certified Accouting Technician (CAT) which helps students who do not reach the above qualification. You do not need any qualification but only reaching an age of 16. After finishing your CAT, you will be automatically transffered into the ACCA Qualification with an exemption of 3 papers from 14 papers of ACCA which is the Knowledge Modules of ACCA Qualification.
CAT has 10 papers in total where candidates is required to pass 9 papers in total. CAT provide a very strong foundation in accouting knowledge plus enabling students to have 3 papers exemption from ACCA Qualification. CAT is suitable for those with no or little accouting knowledge. CAT examination is conducted during every June and December each year. Normally, people take around 1 and a half year to finish off the 9 papers. Some people take 1 year to finish in accordance to their abilities. ACCA does not restrict the papers taken in CAT. Thus, if you a capable, you can take ALL 9 papers in a half year time. But until now, not much people can do that. It will be very tough covering all 9 papers in a half year time. So it is still advisable to use 1 year or 1 and a half year to finish CAT.
ACCA has 16 papers in total requiring candidates to pass 14 papers in total. There are 3 different routes:
Firstly, you enter ACCA through Mature Student Entry or A-Levels. By taking ACCA as a full time student, you will be advise to take 3 papers at half year interval. Thus, finishing ACCA Qualification in 2 and a half year with a BSc (Hons) Applied Accouting degree given by Oxford Brookes University by finishing 9 papers. If you are a part-time student, you are advise to take 2 papers per half year. Thus, finishing ACCA in 3 and a half years. However, you can choose to take 1 or even not taking any ACCA papers. But you will need to complete the whole syllabus in 10 years time from the date of registration with ACCA.
Secondly, you enter ACCA through CAT. You are eligible to be exempted from F1-F3 paper in ACCA. Thus, requiring you to finish 11 papers more to complete. If you are a full time student, you are advise to take 3 papers at half year interval. Thus, finishing ACCA Qualification in 2 years time with a BSc (Hons) Applied Accouting degree given by Oxford Brookes University by finishing 9 papers. If you are a part-time student, you are advise to take 2 papers per half year. Thus, finishing ACCA in 3 years time. However, ACCA only restrict you to take 4 papers per half year. Thus, you can choose to finish ACCA in 1 and a half year time.
Thirdly, you enter ACCA through other Accouting Qualification like Degree. Exemptions will be given by ACCA in case-by-case basis. Normally, F1-F3 will be exempted. Other papers will be determined by case-by-case basis.

For Full-time Students fast finishing route
CAT Student
1/2 year - T1-T5
1 year - T6-T10
1 1/2 year - F4-F7
2 year - F8 - P2
2 half year - P3-P7
Thus, finishing in 2 and a half year time.

ACCA Student
1/2 year - F1-F4
1 year - F5-F8
1 1/2 year - F9-P2
2 year - P3-P7
Thus, finishing in 2 years time.

Postgraduate Studies
After ACCA studies, graduates can find finish their Masters degree by top-up with universities all around the world. Some universities are choosen specifically by students of ACCA like Oxford Brookes University, Birgmingham University, University of East London and others.
UEL specifically design a Master Degree programme for ACCA students. By finishing ACCA, students will only require to 3-4 papers + a dissertation to obtain a MBA in Financial Services. This can be completed in a half year or in a summer.
There are also other degree offered by other UK Universities. Degrees like MSc Accouting & Finance are also popular among the ACCA graduates.
Thus completing ACCA will also enable students to finish their Master degree as well.

Any queries are welcomed from all.

ACCA+CAT+BSc (Hons) Applied Accouting

ACCA Qualification
Fundamentals Level (9 papers in total)
Part 1 Knowledge module
F1 Accountant in Business
F2 Management Accountant
F3 Financial Accounting
Part 2 Skills module
F4 Corporate and Business Law
F5 Performance Management
F6 Taxation
F7 Financial Reporting
F8 Audit and Assurance
F9 Financial Management
Professional Level (5 papers in total)
Part 3 Essentials module
P1 Professional Accountant
P2 Corporate Reporting
P3 Business Analysis
Options module (Select two (2) papers)
P4 Advanced Financial Management
P5 Advanced Performance Management
P6 Advanced Taxation
P7 Advanced Audit and Assurance

CAT Qualification

Introductory Level
Paper 1: Recording Financial Transactions (IAS)
Paper 2: Information for Management Control
Intermediate Level
Paper 3: Maintaining Financial Records (IAS)
Paper 4: Accounting for Costs
Advanced Level (Core papers – all compulsory)
Paper 5 Managing People and Systems
Paper 6 Drafting Financial Statements (IAS)
Paper 7 Planning, Control and Performance Management
Electives (Any two of the followings)
Paper 8: Implementing Audit Procedures (IAS)
Paper 9: Preparing Taxation Computations (M)
Paper 10: Managing Finances

BSc (Hons) in Applied Accounting

To be awarded the BSc (Hons) in Applied Accounting you must:
be registered with Oxford Brookes University ie opted-in to the BSc degree scheme before passing any of the three ACCA Fundamentals papers, F7, F8 and F9
pass the three ACCA Fundamentals papers F7, F8 and F9 and pass other papers as required to successfully complete all nine Fundamentals level papers
complete the ACCA Professional Ethics module
to submit your Research and Analysis Project
complete and pass the Oxford Brookes University Research and Analysis Project
The degree must be completed within 10 years of your initial registration onto ACCA’s professional qualification otherwise your eligibility will be withdrawn.

Providing you complete Paper F4, then this will be acceptable. Oxford Brookes University deems Paper F4 as proof of English proficiency therefore you should complete this exam and opt in with ACCA before passing Papers F7-F9.

Assessment of Research Report
The assessment of the RR, as follows, demonstrates the importance of the quality of the understanding of the accountancy/business models used in the RR and their application to the RAP project topic. Your 'graduate' skills will be assessed for a level of competence.
To achieve a pass in the RR you must gain one of the three Pass grades (A, B or C) for the 'Technical and Professional Skills' and demonstrate Competence in the 'Graduate Skills'. The overall grade you get for the RR is that which is awarded for the 'Technical and Professional Skills' component of the RR.

Determination of class of degree
The class of BSc degree will be based on both:
the ACCA average mark determined from the exam marks in the Fundamentals Skills papers (F4–F9)
the grade achieved for the Research and Analysis Project.
The ACCA average mark will be calculated by taking the numerical average of the marks achieved in the Fundamentals Skills papers (F4–F9) that you have sat and passed.
Where the calculated average mark is not a whole number, the calculated average will be rounded up or down accordingly. If you have been given an exemption from any of the three papers F4–F6, no mark is available and so will not be included in the calculation of the ACCA average mark.
The class of degree for each combination of ACCA average mark and Research and Analysis Project grade is shown below.
http://www.accaglobal.com/students/bsc/assessment/determination

Association of Chartered Certified Accountants

ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. Aim to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.
Support over 131,500 members and 362,000 students throughout their careers, providing services through a network of 82 offices and active centre. Global infrastructure means that exams and support are delivered - and reputation and influence developed - at a local level, directly benefiting stakeholders wherever they are based, or plan to move to, in pursuit of new career opportunities. Our focus is on professional values, ethics, and governance, and we deliver value-added services through 57 global accountancy partnerships, working closely with multinational and small entities to promote global standards and support.
They use their expertise and experience to work with governments, donor agencies and professional bodies such as the International Federation of Accountants (IFAC) to develop the global accountancy profession and to advance the public interest.
Their reputation is grounded in over 100 years of providing world-class accounting and finance qualifications. Their champion opportunity, innovation, diversity, integrity and accountability. By promoting their global standards, and supporting members wherever they work, aim to meet the current and future needs of international business.
ACCA understands the real issues facing small businesses as 63,000 of members work in SMEs or small partnerships worldwide. ACCA's theme for 2009-2010 is Accountants for Business. This theme emphasises the important roles accountants play in both the private and public sectors, promoting their role as advocates of sound business practices, champions of sustainable business development and identifiers of value drivers which lead to high-performing organisations.

UTAR Course Preview for October 2009 Intake

It is a great pleasure for us to inform you that UTAR will be having the course preview for October 2009 intake for the following courses offer at
Sungai Long Campus:• Bachelor of Accounting (Hons)• Bachelor of Economics (Hons) Global Economics• Bachelor of International Business (Hons)
The event detail is as below:
Date& Venue: 22/8/2009, PB Block, Petaling Jaya Campus
5/9/2009, Sungai Long Campus Time: 10am – 12 pm
If you need more details, please do not hesitate to contact us at 03-7958 2628, ext: 8553, 8555 or email enquiry@utar.edu.my

1/9/2009

Yesterday night, my family and i went ot country court for dinner. Even though my mum did ate her favourite but it seems a bit expensive up to RM114. Yesterday night, watching the news at 9.30pm. Understanding the problems of MCA. Second power struggle in MCA until now. Watch and see how the sence goes.
Today, F9 teacher is strange. Usually, she alsways says good morning to everyone of us. But today she did not. So strange. However, she still taught very good. Tonight going to college again. So tiring. Every night need to go for classes. But what to do. They only have night classes at FTMS. So tiring. Even for a full time student like me also feel so tiring taking 4 papers at once.
Written 12.56pm