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redruM

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glitterfairy said:
We're also highly prone to hijacking threads.
so true...look at the timings of the posts this is ownage! :p

i'm doing accounting tina. if you like reaching a solution to problems you will enjoy it.

good luck.
 

hopendespair

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glitterfairy said:
We're so sad... this is the most exciting thing that's happened in my life tonight since Mike and Cyan flamed the troll. *happy sigh*
AHAHAHAHHAHA I don't know what it is but i found that hillarious....:p


OK, there is no real civil/easy way to respond to each person individually (I have been on other forums, but this is insane!) so I'll just thank you all for you input and time.


redruM, are you begining second year or completed second year? What advice do you have in regards to specific units?

Oh, and any other accounting students who have studies the first year subjects feel free to answer.

:)
 
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No worries! Remember that your friendly fellow MQ BOSmembers are always here for you :)

ARTS105: Dumbed down version of ACCG100. God, that was a living nightmare. That being said I hated accounting, particularly the way they taught it to us BCA students... since when will WE ever have to fix accounts from the bank's perspective?!?!?! anyway...
 

iambored

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I keep refreshing the new posts page and 50% of the time I understand what thread this is and 50% of the time I think it is about someone with a new mac computer
 
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iambored said:
I keep refreshing the new posts page and 50% of the time I understand what thread this is and 50% of the time I think it is about someone with a new mac computer
Actually, why is the name of our university Macquarie University? It's named after... some guy, right?
 

iambored

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glitterfairy said:
Actually, why is the name of our university Macquarie University? It's named after... some guy, right?
Ummm... yeah.. some guy, yeah.
edit: what did he do that was good?
 

AsyLum

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Governor Lachlan Macquarie!

Don't you lot know anything about Conception day?! :p
 
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AsyLum said:
Governor Lachlan Macquarie!

Don't you lot know anything about Conception day?! :p
All I know is that it traditionally involved copious amounts of alcohol. And I also know that many people will agree with this interpretation of Conception Day :uhhuh:
 

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Exactly, Macquarie was scottish, therefore he was a great drinker!
 
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AsyLum said:
Exactly, Macquarie was scottish, therefore he was a great drinker!
I have suspicions that regardless of Club Mac's origins, we'd always find a good reason to drink ourselves silly. :p
 

redruM

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hopendespair said:
AHAHAHAHHAHA I don't know what it is but i found that hillarious....:p


OK, there is no real civil/easy way to respond to each person individually (I have been on other forums, but this is insane!) so I'll just thank you all for you input and time.


redruM, are you begining second year or completed second year? What advice do you have in regards to specific units?

Oh, and any other accounting students who have studies the first year subjects feel free to answer.

:)
specific units:

accg100- first taste of accounting...do keep up with it. get plenty of help if you need to. do the work and you should be fine.

econ110- i found it a huge prick. plenty of reading to keep you busy. do the work and you should be fine.

stat170/acst101- mathsy subjects. the acst one shouldn't be too much of a problem if have done 2u+ at school. stat is enjoyable (well was for me). you do the work and you should be fine.

did you get the subtle point i was trying to make? :D
 

Tabris

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is this your first time doing accg?

i could tell u that accg100 and accg101 are very difficult compared to accg105, this is because accg105 is introductry and for people who have never done any accg before (usually) or not majoring in accounting.

The failure rate (According to A. Malley) is around 30% for accg100.

It gets very meticulous and tedious and qutie pedantic and the textbook is brick thick.

It gets very hard towards the end. If u wish to succeed, it is very important to understand everything in the weekly questions and know the theory and definitions. This will be likely to be aaround 2hr+ each week and can easilt move to 3hr+ towards the end.

Once u get to accg101 in semester 2, it extends upon accg101, it will go fast and the material is difficult. U have to know alot more journal entries as well as remember old ones. Massive wqorksheets to chop down and theory to understand. Towards the end, u will be given massive cashflow questions and the times u get things to balance and sum up right gets rare. It can easily be around 3-4hr a week, if u r not comfortable with the stuff.

accg105, according to what i know from clairegirl, is quite simple, and way way way easier compared to accg101 and accg100. It is so smple it doesnt use GST (According to clairegirl). The cashflow statements are tiny and the content is much more shallow.

In the end, think of it this way, ACCG105 is the shallow 50cm end of the pool, ACCG100 and ACCG101 is like the 3 m end. Very hard to drown yourself in 50cm if u cant swim. If your a fast learner and a tough survivor, then u can get a D and HD where others failed.

Ask Glitterfairy for more info, she can give u a low down on massive bank reconciliation statement with 30 cheques to mark off and the massive 10 column worksheets to do your adjustments->adj trial balance->statements

Did i also mention u will have the deupty chairman of the Australian CPA as your lecturer and tutor (if ur lucky)?

And also, Macq's graduate accountants earn more than USYD and slightly higher than UNSW, only difference is something about big 4.
 
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Tabris said:
Ask Glitterfairy for more info, she can give u a low down on massive bank reconciliation statement with 30 cheques to mark off and the massive 10 column worksheets to do your adjustments->adj trial balance->statements
*SCREECH*

Accounting is totally evil unless you love it to pieces, in which case ignore me. To explain myself - I'm a Creative Arts student. Whilst I did ME1 in Yr 11 and got a glorious 13% in the final year exam, I very happily dropped to General in Yr 12 because quite frankly, I don't have the time or patience required to work with mathematics.

My MQ life began with humanities/social sciences like english, arts, sociology and cultural studies, which for the most part were bearable or even enjoyable according to content and tutor. But in second semester... BAM! Accounting was thrown into my life as a core unit disguised under the name of "ARTS105 - Financial Management of the Creative Arts", otherwise known as the dumbed down version of ACCG100.

Heck, if it's hard to drown yourself in the 50cm end of the pool, then we were frickin' held down at a depth of 2.5m under extreme pressure to become sea trout or something. OH MY GOD HOW I HATED ACCOUNTING.

Lectures were 2 hours without any break at all - maybe accounting students are used to this, but your classic artistic sensitive/lazy (haha, speaking for myself here) isn't and needs a brain rest after 1.25hours. Not only that, but the roll was marked every lecture!! So you HAD to turn up.. no iLectures (that's where they record the lecture and put it up online for MQ students to download) either. Tutes were at an unbelievable 9am in the morning (for Uni students, this sucks) and anyone late by more than ten minutes received a sharp reprimand along the lines of "if you were working you'd be fired by now!"

My main beef with ARTS105/ACCG100 is that there is just sooooooo much of it. The textbook is A4 size, and quite literally as thick as a brick (and it weighs more, too). Unless you already sort of know your stuff and are interested in it, you are, quite frankly - screwed. There's a lot of reading to do, there is a LOT of "assumed knowledge" required (this is where almost all my class really bummed out on) and yucky exercises to boot. And boy are they yucky! Few people in my class attempted any of them, and I think only a very few people (probably the mathematic ones) actually managed to get them done and right for most weeks. These questions - trying to be objective here - are twisted, non-straightforward, tedious, and plain weird sometimes. Although I hear the studyguide is better, if you don't mind contributing even more hours per week.

I think the only reason I passed this subject was because a) the lecturer wanted to get rid of his 10 or so repeaters from the year before my class, as well as future repeaters - major scaling involved b) He was sick of us pointing out how irrelevant it was studying the bulk of this subject - since when did we need to learn how to be an accountant as a side trade?!?! Since when has ANY BCA student transferred from the BCA into Accounting? It would have been much better if ARTS105 had been a practical application of accounting used by PEOPLE in real-life.

c) the final assessment, in which we all saved our butts and proved our worth. We got to sing and dance and decorate and bake cookies for the rest of the class (seriously, every single group made something for us to eat! I had pikelets, cookies, rocky road chocolate, cupcakes, candy canes...). I swear, that was the only day I actually looked forward to accounting.

The rest of the semester, I remember holding my head and stressing that I was going to fail... and praying to anything that I'd never whinge about writing essays again if I could only pass accounting and never have to do it again. Anything other than VERY SIMPLE statements (cash flow statements etc) freak me out, and even then I have the ability to stuff them up. And then we have reason D) - I created a "Help me!" thread in which the Divine Tabris tried to translate accounting into language I could understand. If you look back a page or two (you may have to adjust "view last 45 days" or similar) you can even see the thread.



Sorry for giving everyone a story, but I'm practicing for next semester ;)
 

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accg100 is the most interestin and easiest accg subject u'll do over the whole course....accg101 is lame n u dont even wanna think bout 2nd yr onwards accg subjects.

econ110 and econ111 r the most lamest, stupidest most pathetic, worthless subjects u'll do n if ur only doin commerce-accg u'll never have 2 look at econ ever again (yay)

stat170 n acst101 r alrite, kinda mathsy type of subjects u gotta keep up with...

cant remeber wat else is a 1st yr sub for accg, cuz i did my bba subjects mixed in with all that...
 

Tabris

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If u r doing Bcom- accg, then u will have to do econ200 or econ201 its a core unit.

ECON110 and ECON111 arnt bad, they are interesting, just heaps of work, really enlightening stuff.
 

Tabris

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my mistake, if u merge it wirht other comm degrees, u have to do 200 or 201
 

The Nick

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Unfortunately Mac can get very boring if you decide to put a three hour, four hour or even longer break into one of your days. Sure there's Mac centre and the cinemas there and the gym and golf range and two museum type thingies and an emu farm and a bar with really crappy ESPN coverage, but you'll get bored of those.

So start watching King of the Hill and practise sitting around drinking and saying "Yep"
 

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