NTU ACC Year 3 Modules
AC3104 Risk
Management & Advanced Auditing
Second audit module I have taken in NTU. Audit is generally one of my best modules. I have gotten an A+ for AC2104 Audit I. Basically as long as you are familiar with the audit procedures and assertions, scoring for this module should not be an issue. Audit procedures can’t differ much tbh. Try coming up with a list of common audit procedures (from your tutorial answers) so that you can apply it in exams. Another exam tip is to provide more than what is required. E.g. If the question requires for 3 risks, come up with 4-5 risks. There should be sufficient or even excess time for you to do so (provided that you prepare well).
Note: If you are not an outspoken person, try to get a prof who does not bother much about class participation. I heard that there was one prof who actually gave a s grade for class participation to his students. I was supposedly in his class, but swapped out (I was scared lol).
Finals saved me. The final examination was very similar to the tutorial questions. So practise well! I was pretty sure that my project work pulled me down because we exceeded the deadline and it was incomplete. So I was actually very surprised when I received my final grade. My individual critique writing probably contributed to my final grade as well.
Assessment: Class Activity, Class Participation &
Presentation (40%) + Finals (60%)
Grade attained: A
Second audit module I have taken in NTU. Audit is generally one of my best modules. I have gotten an A+ for AC2104 Audit I. Basically as long as you are familiar with the audit procedures and assertions, scoring for this module should not be an issue. Audit procedures can’t differ much tbh. Try coming up with a list of common audit procedures (from your tutorial answers) so that you can apply it in exams. Another exam tip is to provide more than what is required. E.g. If the question requires for 3 risks, come up with 4-5 risks. There should be sufficient or even excess time for you to do so (provided that you prepare well).
During my semester, there were a lot of elearning lessons (yay!)
and class activities. At the end of each seminar, there will be a class
activity (sometimes it will be a tutorial qns). Thus, it would be good if there
is a smart kid in your group to help with the class activity. Btw grouping
was done by the prof so you can’t choose your team members. I managed to get A-
for the class activities component, which makes up 18% of total grade.
Note: If you are not an outspoken person, try to get a prof who does not bother much about class participation. I heard that there was one prof who actually gave a s grade for class participation to his students. I was supposedly in his class, but swapped out (I was scared lol).
AC3103 Accounting
Analysis & Equity Valuation
Assessment: Individual writing, Midterms, Group Project, Class
Participation & Presentation + Finals
Grade Attained: A+
Finals saved me. The final examination was very similar to the tutorial questions. So practise well! I was pretty sure that my project work pulled me down because we exceeded the deadline and it was incomplete. So I was actually very surprised when I received my final grade. My individual critique writing probably contributed to my final grade as well.
Tips: Start early on the project because it is gonna be
tedious, Practise tutorial qns
AC3102 Risk Reporting
& Analysis (Consolidation)
Assessment: Midterms + Class Participation &
Presentation (50%) + Finals (50%)
Grade Attained: A-
I dreaded this module the most during my final year. My
accounting journal entries suck. I'm always confused on which account to debit
or credit. Since consolidation is the final accounting module, it is like the
summary of all accounting modules. The final examination was tough. I don’t
recall finishing any questions, or even if I did, the answers were probably
wrong. (I heard that the average grade was D before moderation. Even
though I got an A-, my grade was most likely C/C- before moderation.) To make
things worse, my group members weren’t that great. My friend and I swapped
index at the second week, and most of my classmates have already formed groups. So we have to group with the 'leftovers' (you get what i mean).
To score for this module, practice is super important. You
have to be familiar with the basic journal entries first, as exams will be
assessing the more advanced components. Make notes for the journal entries if
possible.
AB3601 Strategic
Management
Assessment: Individual writing, Project, Class Participation
& Presentation (50%) + Finals (50%)
Grade attained: A-
This module reminds me of marketing. There will be a lot of
exchange students taking this module so be prepared to have 1-2 exchange
students in your group. My group had 2 Korean students. I didn’t want to group
with them initially as I was afraid that they would slack. Surprisingly, they
contributed quire a fair bit and helped out a lot. They were more enthusiastic than
us (lol). I would probably not put in as
much effort as them if I were on exchange. Is it Koreans are generally more diligent? HAHA
Exam case was given a week before the exam. Prepare the
answers beforehand. Our semester was the first to have 2 exam cases, so preparation
became 2 times harder. You have to predict the questions for each exam case. I
prepared 25-30 pages worth of answers for each case, so that’s like 50-60pgs in total for 2 cases. I didn’t manage to write down all my answers tho. So rmb to keep your answers short! Also, link your answers to the
case. Don’t simply regurgitate from the lecture notes!
Conclusion for year 3
Fortunately, all the professors who taught me for these
modules are really good. They provided detailed explanation to aid my understanding.
The best thing is that they are all very lenient when it comes to class
participation. I have never actually spoken up in class (except during comm
fund and biz law). So to be able to attained these grades, I find it quite a
great feat (lol, self-complimenting).
That’s all! Good luck to those taking these modules J Personally I find year
3 accounting to be more manageable than year 2.