KDU Accounting Students Participating NIVAQ 2018

 
8 students from the Professional Accountancy Centre (PAC), KDU College participating in the National Inter-Varsity Accounting Quiz (NIVAQ) 2018. Participants from KDU taking a group photo with their lecturer, Miss Kok Shwu Jiun (centre). 
 
Team leader of team B, Soong Mei Yi is drawing lots to determine allocation of group.  KDU Team B (middle) in semi-final (first round).
In order to hone their professional skills in accounting, 8 students in two different teams from the Professional Accountancy Centre (PAC), KDU College, Damansara Jaya campus had recently participated the National Inter-Varsity Accounting Quiz (NIVAQ) 2018.

Held in Multimedia University (MMU)’s Malacca campus from the 20th April 2018 to 21st April 2018, the quiz covered questions of the subjects on auditing, accounting information system, financial accounting, finance, management accounting, taxation and professional ethics.

Led by their lecturer, Miss Kok Shwu Jiun, the students who are currently pursuing their ACCA qualification at KDU- Yap Chew Chong (Team leader), Lee Vinxi, Lim Shaun Ming and Chan Yen Shan of Team A; also Soong Mei Yi (Team leader), Nicholas Koon Hao Seng, Chen Zi Ean and Sophia Lee Ren Huey of Team B, proudly represented the college in this national quiz.

On the first day, the team arrived at MMU as early as 8.30a.m. After registration, the team attended a briefing session before they proceeded to the examination-based qualifying round. The written examination consisted of 60 multiple choice questions and one structural question.

Both KDU teams qualified themselves into the semi-final, based on the preparation of revision on their own and case study with their lecturer. Before the result has been announced, students actually gotten a chance to take part in ACCA talk.

On the second day, the teams arrived at Dewan Seri Negeri at 8.00a.m. There was a talk by the Institute of Chartered Accountants in England and Wales (ICAEW) on the most advanced programmes in learning and professional development. “In this talk, we have learned that in today's world, we need to speak the language of business confidently, bringing interpersonal skills and analytical skills together into the picture,” stated one of the students.

As the semi-final round (buzzer round) started after that, 20 teams were divided into four groups by drawing lots. Five finalists were later cherry picked then. Unfortunately, both teams from KDU did not manage to emerge in the finals. Nonetheless, the team did enjoy themselves, particularly the experience despite the winning or losing.

“It has a lot of fun so I am very happy that I got to experience it," said Chen Zi Ean; "I thought it was great. My team was so supportive especially Vinxi. She was an inspiration and mentor. I have learned so much in the short span of 2 days from my team mates and my team could not have been better ", said Lim Shaun Ming.

According to the participants, they have developed stronger bond as they got to know each other better after spending times of 2 days together. Besides that, they have learned better time management and chores arrangement for an outing team. Interpersonal communication skills were crucial thing they picked up during the process in ensuring their messages conveyed without barriers or misunderstandings.

To put it all in a nutshell, all participants have learned to be more considerate and to work as a team as opposed to a one man show, they have also came to know that it requires more than knowledge from the textbook in the corporate world and communication is key to everything!