Thursday, May 30, 2019

ATX ACCA Malaysia June 2019 Tips

It is back to that time again when you have done all that you can and want to just get it over with.

Jpro training will be running the September 2019 exam cycle preparation from June 9th onwards - please visit the site for timetable


ACCA ATX paper is one of the hardest papers in ACCA syllabus, it is way harder than AFM and APM combined together.

Talking to many students that do this paper - it was apparent that most are doing it with misguided concepts - it will not be a critical skill set in the future for reporting accountant - APM and AFM is.

The paper is an excellent paper for those that are intending to move into tax consulting and tax field.

If this is not your goal and you have been doing this paper with the impression that it is easy - please review your ideas about why you are taking this paper before sitting for the exams.

This paper is easier for those that have a good strong memory - it is bad for those that are not very good at memory.

Most of the exam questions to date are very memory intensive in recall and application.

It is a rule-based exam that tests the application of the rule.

The examiner had not provided any new technical articles recently; this indicates that older articles will be in use for the current exam.

That said and done, the expectation for June 2019 paper is as follows:
Good luck in preparing for the coming exam and hope for the best



Tuesday, February 26, 2019

ATX ACCA Malaysia March 2019 Exam tips

It is back to that time when you have to prepare for the paper that you have been preparing for all this time.

The paper is hard because the last Dec 2018 exams - it had the lowest Malaysian prize value of 74 marks

That means the best student in Malaysia could only score 74 marks for a paper where other Malaysians had scored 78 for AAA and 82 for AFM.

It would appear that this paper is harder than other papers due to the volume of the paper and the fact that paper is not very consistent in what is examined for each area.

Other papers have already provided clear guidance on what is examined - AFM will have a section for hedging; APM - performance system; AAA - audit closing

This paper has lack of indication of area of focus and this could be contributing to the lower pass rates and low high scores.

That being said, I have prepared areas of focus that you can consider for the paper.  Obviously this are only best guess and should not be your only means of preparing for this paper.

If you want to share the video to your friend - please go ahead
Good luck in the exam for ACCA ATX, hope the tips here are helpful.

Study ACCA online with the best online tuition provider in Malaysia for ACCA - Jpro Training





Monday, February 4, 2019

Is ACCA ATX (Malaysia) an easy paper?

The paper that had the most reliable tips in the past has lost its glamour in recent times.

The paper does not seem to have the same level of predictability as was seen in the past sitting where the "myth" of accurate spots would make it easy to pass was created.

There is no such thing that you can predict with absolute accuracy what the paper will test - only reasonably good guesses.

At Jpro Training - we try not to rely on spots, but rather using a hard-core preparation approach of doing over more than 300 questions during the revision period.

In fact that was the reason for the pass rates for Pro to be in excess of 65% in the last Dec 2018 ACCA ATX examinations.

This was mainly due to the adaptation of the 5 step answering technique that was developed in Jpro to manage the exam questions.


The sad part is that, there are some out there that love to take risk and study last minute on a few spotted questions - this is a recipe for disaster.

Caution is required if your strategy for the ATX paper is to depend on a few questions only and not cover the whole syllabus.

In conclusion, is this the easiest optional paper in Malaysia?

To an extent it is easy due to nature of the questions but this is supported by good knowledge of the syllabus.

It would be considered hard due to the level of knowledge acquisition required for this paper - it is no near anything that was done in ACCA TX paper.

In fact, most of the students seem to think that ATX is similar to TX - not likely as the % of marks for computation has been reduced to 10 - 15% of the total marks.

In comparison, TX was a standardised paper with simple format for the memory to generate an answer.

Decide wisely on the choice of the specialisation paper that you decide to take.

Sunday, January 6, 2019

Best place to study ACCA ATX Malaysia

If you want to study ACCA ATX with someone who can link the studies to your previous studies and also to practical applications - consider visiting Jpro training to study the paper with the only expert that has the ability to integrate all aspects of tax, accounting, finance, strategy knowledge into a single delivery.

Also - consider that you want to study the full detailed knowledge in tax - Jpro is the only place that will practice past papers from ACCA, MICPA and MIA - in total about 200 questions will be worked out.

The level of comprehensive knowledge that you acquire at Jpro training for tax is significantly more than any other provider in Malaysia for one reason
1. Scope of coverage - covers all key issues for ATX Malaysia
2. Speed of coverage - fastest to complete the whole syllabus for the paper
3. The experience and knowledge of the lecturer

An there is usually tips on what can come out - which is reasonable accurate and provides a reliable indication of the outcome for the final exam.

Study at Jpro to pass your tax faster and with more confidence than others.

Sunday, December 30, 2018

ATX Malaysia updates

The recent examiner meeting was insightful for ATX Malaysia with the following issues being highlighted
1. GST will be examinable until September 2019
2. The 4 compulsory question seems to be better liked 
3. The examiner highlighted that most students had jumped into the answer on trigger words rather than read the whole question
4. The examiner also highlighted that most students had stereotyped views of tax treatment with assumptions that some exemptions are always good.

Overall the exam paper had tested most of the aspects that was available in the technical articles, obviously with some element of creativity.

At Jpro, we ensure that students preparing for the Malaysian ATX paper have a clear understanding of the tax knowledge and practice a wide variety of questions - close to 200 questions before going into the exam.

This preparation has yielded a pass rate that exceeds the world pass rate for ATX in June and September 2018.

If you are working and studying, we suggest that you take one paper for every 3 months cycle - this is the best you can manage.

If you are full time student, try taking 2 papers if you can cope with the preparation load.

Those planning to prepare for the March 2019 ACCA exams for ATX (Malaysia) can always opt to study with Jpro online or class room.




Sunday, December 2, 2018

ATX Malaysia Dec 2018 Tips

The exam is around the corner and the following would be the hot areas for the coming ACCA ATX exams.  Preparing for ACCA ATX Dec exams is not an easy task.

You need to be aware that this sitting there is a team of examiners and no longer based on one single examiner.

This means that exam questions will be mixed.

Do remember - this time the exam is Q1 - 35; Q2 - 25; Q3 - 20; Q4 - 20.

You should have covered all the basic incentives - RA, ITA, PS, Export, R&D, Agricultural allowance.  Technical article on this issues are HOT.

In the case of RPGT, do cover the idea of leases, options, death transfers and also transfer using shares based settlement.

It is possible for partial sale scenario for RPGT.

In terms of individual - focus on gratuity, compensation for loss of office, employment vs professional, Professional Indemnity Insurance, ESOS, Public entertainer WHT, Working on ship, tax borne by employer.

In terms of foreign tax - cover WHT, Bilateral and Unilateral relief, Labuan taxation.

In terms of corporate tax scenario
- Financing of business
- Restructuring - merger or acquisition scenario
- Group relief
- Derivation of income consideration
- Treatment of income / cost
- Argument for taxability of a source of income
- Stamp duty for share valuation
- Controlled sales
- Inter-group asset sale - property

In terms of GST
- GST invoice timing
- De minimis rule
- Capital goods adjustment
- Importation

In terms of special tax situations
- LLP
- IHC
- Unit trust

Other area
- Rental treatment for investment property
- Capitalised interest treatment  - guideline by IRB for MFRS 123
- Investment property treatment - guideline by IRB for MFRS 140
- Anti-avoidance; focus on settlement 
- Transfer pricing - methods used by IRB.

Jpro will be starting the classes for March 2019 ACCA ATX exams by Dec 16, 2018.

The class covers over 250+ question practice and also specialised notes that manage each area of knowledge.

The coverage for past year papers - 100% of all past papers is done.

Sign up for classes for all professional papers - www.jprotraining.com










Friday, May 11, 2018

P6 Malaysia June 2018 Exam tips

Planning to take the P6 Exams after Mahathir announced that GST will be scrapped.

This is a sad death for GST and revival for sales and service tax; but one that will be celebrated by the rakyat.

Those that set for March 2018 exams should be aware of what did come out :
Venture capital
RPGT dates
LLP vs Company
Residence
WHT
Stamp duty
Awards for individual
Tax of deceased person
Treatment of compensation
GST Input tax
Business activity aggregation vs segregation 

The above can repeat for June 2018; so be wary of the items above.

Now the tips for P6 (M) June 2018 exams

REIT / Unit trust
Acquisition
Controlled transfer
Donation treatment
Financing
Leasing
IHT
Transfer pricing/ WHT
Incentives - PS / ITA / AFPP / Medical
RPGT - Death or RPC
Treatment of expense
RPGT - Death; RPC
Esos 
Retirement planning
Anti-avoidance
Tax administration issues - compliance for company tax

Those planning to prepare for September 2018 ACCA P6 (M) can join the class that starts on mid June 2018 at Jprotraining - our timetable is already out.

The preparation for September 2018 will be the most comprehensive preparation with over 180 questions practiced over the 3 month period, allowing for a detail coverage of the whole syllabus.

The only change for September 2018 exams would be the move away from choice based question to compulsory set of questions.

This would imply the need to cover the whole syllabus and not try to depend on last minute spots.

Keen to start with the only 3 months part time course provider in Malaysia for ACCA - visit our website @www.jprotraining.com 

Jprotraining is the only fast and flexible ACCA training provider in Malaysia that has been using blended learning approach since 2009.

We are also the only online learning provider for ACCA in Malaysia that is truely Malaysian.