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+--- Thread: ACA versus ACMA (/thread-aca-versus-acma)
ACA versus ACMA - max_min26 - 11-05-2004
shuker hay mooqabla too hooo raha hay werna too iss liaq bhee nahee tha icmap........
babar
- Azeem Shah Khan - 11-05-2004
what are you trying to say??? you are not making sense my fiend???
"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."
- mobin - 11-06-2004
ACMA is a nice qualification but i dont think it is gonna be preferred over ACA !
Hey guys do u know that the president of ICMAP is an FCA & FCMA as well!! wow!<img src=icon_smile_cool.gif border=0 align=middle><img src=icon_smile_shock.gif border=0 align=middle>
The difference between dreams and accomplishment is purly desire
- Ali Akbar - 11-06-2004
Salam to all
Well i think ACAs are preferrd over ACMAs.
Companies Ordinance 1984 prohibits Public company, subsidary of public company and a private company having share capital not less than 3 million from conducting audit through personnel other than Chartered Accountant.
It means that ACMA cant do audit of aforementioned companies!
ICAP is the best.
- Azeem Shah Khan - 11-07-2004
hi
i dont know how can we compare professional qualifications, they are equally good, equally respectable, no matter who can audit and who cannot it has nothing to do with the prestige infact it is a function of prejudice.
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 - 11-07-2004
I agree there can be no comparisons between degrees such as CA and ACMA,.. CA and ACCA yes, but that only on the academic forum.
What people usually draw are parallels between qualifications is on its perception in the market place and the kind of 'respect' that it may command in society at large (apart from the professional circles). For instance any Lay man (in pakistan)would know what the initials CA mean as opposed to ACMA, ACCA, CPA etc. Similarly any one remotely associated with 'commerce'/accounting is familair with A F Ferguson. I have actually experienced this in remote Governmant offices.. staff immediately recognised 'FERGOUSON'. This how ever in no way means that the rest of the Big 4 lag behind in their working or clientle etc.
ACMA has had the misfortune of always having people at the helm of affairs who are also ICAP members and I think that sort of dilutes the whole interest. No wonder ACMA is receeding behind ACCA now... (the private sector)
"Allah does not change the state of people unless they change what is within themselves" Quran 1311
- Arslan - 11-08-2004
How come we cant have any comparison, as we all must have done some, didnt u before joining ICAP, U must have compared it with other qualifications such as ACCA ICMA.
- mhmirza - 11-08-2004
I don't believe Sher afghan Malik present ICMAP's president has dual qualification. On the other hand Zafar Iqbal Sobani newly ellected president of ICAP is fellow member of ICMAP.
I think comparisons and competitions are necessary. It induces the people to change their state of affairs if these are satisfactory.
- Azeem Shah Khan - 11-10-2004
<BLOCKQUOTE id=quote><font size=1 face="Verdana, Tahoma, Arial" id=quote>quote<hr height=1 noshade id=quote> How come we cant have any comparison, as we all must have done some, didnt u before joining ICAP, U must have compared it with other qualifications such as ACCA ICMA.
<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Tahoma, Arial" size=2 id=quote>
comparing what???
yes i did compare the SUBJECTS taught under each qualifications and analysed what suits me.........there was no other comparison.
comparisons as to the MARKET VALUE, EASE OF PASSING EXAMS etc are dependant on country's economy/prof prejudice and fairness of examination systems.
kind 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 - 11-10-2004
To be frank i did sit for apptitude tests for both ICAP and ICMAP (and passed both <img src=icon_smile.gif border=0 align=middle>)and finally decided in for ICAP, primarily because of its market repo, greater acceptability, prjudice toward ACMA. Most important of all I wanted to be an auditor and was only mildly interested towards 'Management accounting'. Moreover, a lot of jobs in line with management accounting are still manned by CAs.,, so didn't see the point there.
Ofcourse the ACCA option came in later, which i went for ofcourse simply because of its 'global recognition'.
You have all the right to compare and see what suits your requirements, resources, apptitude and future career plans.
"Allah does not change the state of people unless they change what is within themselves" Quran 1311
- cyberking - 11-10-2004
hey ppl wht r u comparing,ACMA is a cost and managment accountant,a specialized certification in cost accountant,and charterd accountant is specalize in audit,tax etc.
so i dont think any comparison is possible,as far as market value comparison is concerned then why dont u compare MBA,MCS,mCOM with ACA.
King rules the dynasty.