ACCA vs CA - Printable Version

ACCA vs CA - Printable Version

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+--- Thread: ACCA vs CA (/thread-acca-vs-ca)

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- Pracs - 04-27-2005

Well, I guess so,.. I remember Desert Sleet put a whole list of Internet jargon some time ago.

- Azeem Shah Khan - 04-27-2005

<blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by Pracs
 Well, I guess so,.. I remember Desert Sleet put a whole list of Internet jargon some time ago.
<hr height="1" noshade id="quote"></blockquote id="quote">

did he??? wonder if he could COPY/PASTE it AGAIN!!!

regards

"You don't get to choose how you're going to die. Or when. You can only decide how you're going to live. Now."

- abdulmajid - 04-27-2005

seniors!! learn using google. why u always burden that old chap desert sleight so much. and he spends the whole day infront of computer. btw he loves copy paste stuff.
http//leonardo.spidernet.net/Copernicus/831/mirc/tips5/jarg.html
A
AAMOF = As A Matter Of Fact
ADN = Any Day Now
AFAIK = And For All I Know
AFAIK = As Far As I Know
AFK = Away From Keyboard
ANY1 = Anyone
A/S/L = Age/Sex/Location
ADDY = Address
AWGAD = And Who Gives A Darn
AWGTHTGTTA = Are We Going To Have To Go Through This Again?

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B
BAC = By Any Chance
BAG = Busting A Gut (Laughing)
BBFN = Bye Bye For Now
BBIAB =Be Back In A Bit
BBL = Be Back Later
BCNU = Be Seeing You
BG = Big grin
BEWG = Big Evil Wicked Grin
BRB = Be Right Back
BRT = Be Right There
BK = Because
BTW = By The Way
BTDT = Been There, Done That
BTA = But Then Again
BWG = Big Wide Grin
BYKT = But You Knew That
B4 = Before
B/C = Because
BTASRTHOS! = Better Than A Slap 'Round The Head On Sunday!
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C
C = See
CU = See You
CUL = See You Later
CUL8er = See You Later
CUL8R = See You Later
CMIIW = Correct Me If I'm Wrong
CRS = Can't Remember Sh*t
CYA = Cover Your A**
CYA = See You

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D
DIIK = Damned If I Know
DQOTD = Dumb Question of the Day
DTRT = Do The Right Thing
DILLIGAF = Does It Look Like I Give A F...k.
D/L = Download
D/U = Download/Upload (Ratio)

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E
EOD = End Of Discussion
EOF = End of File
ESOSL = Endless Snorts of Stupid Laughter
EZ = Easy
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F
F = Female
FAQ = Frequently Asked Questions
FYEO = For Your Eyes Only
FYI = For Your Information
FU! = F**K You
FWIW = For What Its Worth

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G
<G> = Grin
GR8 = Great
GGP = Gotta Go Pottie
GGN = Gotta Go Now
GMV = Got My Vote
GMTA = Great Minds Think Alike
GO PRI = Send Private Msg\Mail
GOK = God Only Knows
GTG = Got To Go
G2G = Got To Go

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H
H/A = Hi All
HHTY = Happy Holidays to You

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I
IAC = In Any Case
IC = I see
ICU = I see you ....
ICU2 = I see you too
ICBW = I Could Be Wrong
ICOCBW = I Could, Of Course, Be Wrong
ILY = I Love You
IMHO = In My Humble Opinion
IMNSHO = In My Not So Humble Opinion
IMO = In My Opinion
IMV = In My View
IOW = In Other Words
IYSWIM = If you see what I mean

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J
J\K = Just Kidding
JOOC = Just out of Curiosity

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K
K = OK
KHYF = Know How You Feel
KEWL = Cool, Fantastic
KISS = Keep It Simple Stupid

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L
<L> = Laugh
LOL = Laughing Out Loud
LOL = Lost Of Love
LTNS = Long Time No See
LTNT = Long Time, No Type
L8TR = Later (as in see ya later)
L8R = Later (as in see ya later)(Same as L8TR)
LMAO = Laughing My A.. Off

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M
M = Male
M/F = Male or Female
M8 = Mate
ME2 = Me too
MORF = Male Or Female
MPOV = My Point Of View

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N
NBL = Not Bloody Likely
NE1 = Anyone
NE = Any
NOYB = None Of Your Business
NP = No Problem
NRN = No Reply Necessary
NTYMI = Now That You Mention It

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O
ODAT = One Day At a Time
OIC = OH, I See
OMG = OH, My God
OAS = On Another Subject
OTOH = On The Other Hand

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P
PPL = People
PEEPS = People
PITA = Pain In The A**
POV = Point Of View
PMETC = Pardon Me Etc
PZ = Peasey (i.e. EZ PZ easy peasey)
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Q
QL = Cool
QEWL = Cool

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R
R = Are
RE = Returned, back
REHI = Hi again
ROFL = Rolling on the floor laughing
ROFLMAO = Rolling On Floor Laughing My A.. Off
ROFLPMP = Rolling On Floor Laughing Pis... My Pants
ROTFLPIMK = Rolling On The Floor Pis... In My Kilt
RSN = Real Soon Now
RL = Real Life
RTDM = Read The Damn Manual
RTFM = Read that F...ed Manual
RTFS = Read That F...ed Source

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S
SAH = Stay At Home
<S> = Smile
SOL = You are Alone or Nobody Can Help You
SOP = Standing Operational Proceedures
STR8 = Straight
SUP = What's Up
S/U = Shut Up
SYS = See You Soon
SYS = System
SN = screen name

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T
T = Tea
TAFN = Thats all for Now
TCFW = Too Cute For Words
TDM = Too Damn Many
TFT = Thanks for That
TIA = Thanks In Advance
TMI = Too Much Information
TXS = Thanks
THX = Thanks
TY = Thank You
TTBOMK = To The Best Of My Knowledge
TTFN = Ta Ta For Now
TTYL = Talk to you later
TYT = Take Your Time
TYVM = Thank You Very Much

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U
U = You
UR = You are (or) Your
U/L = Upload

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V
V = Victory
VFY = Voted For You
VIC = Vicinity

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W
WAW = Why Ask Why?
WB = Welcome Back
W/B = Welcome Back (Same as WB)
W/E = What Ever
/W = With
/WO = With out
W/F = Where From
What's^ = What's Up
W8 = Wait
WILTY = Would I Lie To You?
WTG = Way To Go
WTF = What The F***?
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X
XP = Experience (as in my experience)
XTG = Axe To Grind (foul tempered mIRCer)
XTC = Ecstasy (drugs or emotion)

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Y
Y = Why? YABA = Yet Another Bloody Acronym
YMBK = You Must Be Kidding
YMBJ = You Must Be Joking
YAP = Yet Another Ploy
YGLT =You're Gonna Love This
YHTBT = You Had To Be There

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Z
Z = Sleeping or Bored (obvious zzzZZZZ)

akhbarak eih habibbie??

- Desert Sleet - 04-27-2005

<blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by Azeem Shah Khan

what does IMO stand for???

does it mean "In My Opinion"?

"You don't get to choose how you're going to die. Or when. You can only decide how you're going to live. Now."
<hr height="1" noshade id="quote"></blockquote id="quote">
Perfectly right.
IMO = In My Opinion.
<blockquote id="quote">quote<hr height="1" noshade id="quote">did he??? wonder if he could COPY/PASTE it AGAIN!!!<hr height="1" noshade id="quote"></blockquote id="quote">
What makes you say that?

<blockquote id="quote">quote<hr height="1" noshade id="quote">why u always burden that old chap desert sleight so much<hr height="1" noshade id="quote"></blockquote id="quote">
And on that point, i'm off for a cup of tea... nice talking with you gentlemen.
____________________

Live and love for today! There may be no tomorrow!

- Azeem Shah Khan - 04-28-2005

<blockquote id="quote">quote<hr height="1" noshade id="quote">What makes you say that?
<hr height="1" noshade id="quote"></blockquote id="quote">

You know WHAT made me say that, dont you?

Regards

Azeem

"You don't get to choose how you're going to die. Or when. You can only decide how you're going to live. Now."

- Pracs - 04-29-2005

And what may that be ??? something we don't know Azeem ??

- Azeem Shah Khan - 05-01-2005

<blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by Pracs
 And what may that be ??? something we don't know Azeem ??
<hr height="1" noshade id="quote"></blockquote id="quote">

let DS respond to my post first.

"You don't get to choose how you're going to die. Or when. You can only decide how you're going to live. Now."

- Huma - 05-01-2005

<blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by Azeem Shah Khan
 <blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by Pracs
 And what may that be ??? something we don't know Azeem ??
<hr height="1" noshade id="quote"></blockquote id="quote">

let DS respond to my post first.

[B)]

"You don't get to choose how you're going to die. Or when. You can only decide how you're going to live. Now."
<hr height="1" noshade id="quote"></blockquote id="quote">

- Azeem Shah Khan - 05-02-2005

<blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by Huma
 <blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by Azeem Shah Khan
 <blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by Pracs
 And what may that be ??? something we don't know Azeem ??
<hr height="1" noshade id="quote"></blockquote id="quote">

let DS respond to my post first.

[B)]

"You don't get to choose how you're going to die. Or when. You can only decide how you're going to live. Now."
<hr height="1" noshade id="quote"></blockquote id="quote">
<hr height="1" noshade id="quote"></blockquote id="quote">

what was that huma???

"You don't get to choose how you're going to die. Or when. You can only decide how you're going to live. Now."

- kams - 05-02-2005

Which is better CA (from ICAP) or ACCA?

Folks, I have lived half of my life in Pakistan and the other half in England and Canada. I am a CA (but from ICAEW) but I now live in Pakistan, so I feel I can provide practical advice based on what I have seen in Pakistan and overseas.

Asking whether CA (from ICAP) is better than ACCA, or vice-versa is like asking which is better "Ferrari as a car" or "the Pyramids of Cairo as an architectural masterpiece". Two simple short answers are BOTH and NEITHER!!!

The long answer is that it depends on your circumstances and your future plans.

CA (from ICAP) is really only worthwhile if

1. You feel that you have a future in Pakistan. CAs hold many high positions in Pakistani CA firms, banks, industry, etc. Overseas, the Pakistani CA qualification has limited value in its own right. If you plan to go abroad then you will need either that particular country's own qualification, which you can either pursue from the beginning by immediately moving to that country or by upgrading your Pakistani CA qualification to that particular country's qualification.

Unfortunately, upgrading is not easy as Pakistani CAs get very few exemptions from overseas accounting bodies such as the ICAEW in England or the CICA (Canadian Institute of Chartered Accountants) and CGA (Certified General Accountant) of Canada. Getting exemptions is only part of the problem - you will also need to gain local work experience so that you can meet the work experience criteria of the overseas accounting body. Believe me, this is the hardest part as almost all employers will be reluctant to employ someone with overseas work experience.

The CA training (articles) that you receive in Pakistan will be completely wasted and will count towards nothing. You will need to start all over again.

2. You are prepared to work (get trained by a Pakistani CA firm) for a salary that is really next to nothing for the next 3 or 4 years in the hope that the eventual CA qualification will bring greater rewards in the future. If you fail the exams and eventually give up then you would have worked like a dog and earned peanuts. The only winner will be your employer!

3. If UNLIKE the vast majorirty of Pakistani students, you accept the fact that "the grass is not always greener on the other side" and from the onset you aim to build a future in Pakistan rather than dream about overseas, where life can be very tough if you don't succeed in your plans.

ACCA is only worthwhile if

1. You plan to move abroad or to work in industry or banking in Pakistan. Even then, I suppose Pakistani industries and banks would prefer CAs from Pakistan due to their local knowledge of Pakistani laws, etc. I have never sought employment in Pakistan, so I am not 100% sure regarding this. I suggest you obtain career advice.

2. You have the commitment to undertake 3 years of work experience during or after passing your ACCA exams. Passing ACCA exams on their own and not gaining any work experience will not enable you to call yourself a fully qualified ACCA.

3. If you move to a country other than UK, then the ACCA you have gained in Pakistan may not be attractive to overseas employers because the tax and law papers you would have passed would have been for the English variants.

In my last two years in Pakistan, I have seen the ACCA qualification growing rapidly. There are ACCA training centres at around every street corner, but I ask myself "what will all these ACCA qualifieds do after they become ACCAs?".

UK has thousands of ACCAs, CIMAs and local CAs (ICAEW members). Canada and Australia too have loads and loads of ACCAs as well as their own CAs. Employers in these countries ONLY and I again say ONLY select those candidates who have local experience. For each vacancy, there are several candidates, most of whom have local experience, so why would these employers offer a job to an ACCA that has Pakistani experience? All this is notwithstanding the problem of obtaining work permits, etc. That is another big hassle, and is something that overseas employers avoid.

ACCA is the same qualification whether undertaken in Pakistan or abroad, but the work experience that is required to go with it is NOT. Pakistani work experience will be good enough to gain you membership of the ACCA but for overseas employment purposes it is useless, unless you first work in Pakistan for a multi-national such as a foreign bank who then transfers you overseas.

In view of the above factors, particularly the need for local work experience, I would say that with the ACCA you are more likely to find work in Pakistan than abroad, but then if you are to work in Pakistan then why not go for CA which is more acceptable to Pakistani employers? But then with CA, the pass rates are poor and unlike ACCA, a student needs to work (for peanuts wages) and study at the same time, which can be very demanding.

Have I confused you more? Sure I have!

The long term aim for you is not whether CA or ACCA is better but whether you can find professional work and have a healthy future. My advice is that it is best to study for O and A levels in Pakistan and then go abroad and do a University degree overseas. Forget these accountancy qualifications. Whether you do a BA or a BBA or a BSc or MBA does not matter as long as the University is recognised. Bogus Universities based in Pakistan but with "so called affiliations" with private money making overseas Universities must watched out for! Be careful! Once you have an overseas degree with a recognised university, you can study further and do overseas CA or the same ACCA but outside Pakistan. Employers hire directly from Universities and this makes life much more easier compared to job hunting. If you can afford this route, then it will be much more beneficial compared to having passed ACCA exams in Pakistan but being without the requisite work experience.

I hope the above helps.

Regards,

Kamran S, ACA, CPA

- Azeem Shah Khan - 05-03-2005

Welcome to the forum Kamran.

Many thanks for a very comprehensive post encompassing pros and cons of both ACCA and CA within and outside Pakistan.

Would you mind me asking when you passed out from the Institute (as you call it)[)]. I would be obliged if you could introduce yourself under General Discussions.

Best regards

"You don't get to choose how you're going to die. Or when. You can only decide how you're going to live. Now."

- Pracs - 05-05-2005

Nice comparison, Kamran,,, certainly the second best (mine being the best ofcourse !).. I may not agree with it all the way, but it is quite constructive,.. so are we satisfied guys ,,, on both sides of the divide ?? guys.... any thoughts on this..

- kams - 05-05-2005

<blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by Azeem Shah Khan
 Welcome to the forum Kamran.

Many thanks for a very comprehensive post encompassing pros and cons of both ACCA and CA within and outside Pakistan.

Would you mind me asking when you passed out from the Institute (as you call it)[)]. I would be obliged if you could introduce yourself under General Discussions.

Best regards <hr height="1" noshade id="quote"></blockquote id="quote">

Azeem,

Thank you for the warm welcome. I qualified as an ICAEW member (ACA) in 2001.

I will introduce myself under the General Discussions section.

Kind regards,

Kamran

- khurram_jamal - 05-09-2005

[8]SIMPLY IT IS[8]

[p] CA VS ACCA[p]
[(] BACHONGRA VS BIG MAN[})]

SEE YOU

WISH YOU ALL THE BEST

KHURRAM JAMAL KHAN (MBA)(CA-Module-C)

- Pracs - 05-10-2005

Very mature Khurram, very mature,.