01-12-2009, 11:52 PM
Dears,
Living in fool's paradise, how can the phrase be better understood than the hilarious and gibberish arguments given by some novice but enthusiastic accountants.
ACCA vs ICAP donât ever think that any such comparison can exist in Pakistani market. To be very honest, it is almost impossible for fresh ACCAs to find any respectable position in Pakistani market. One of the reasons for this is that there is no compulsion for anything like articleship in ACCA. On the very other hand there are a sizeable number of ICAP members who are earning six digit salaries within no time of qualification. Any body who doubts it may get it confirmed by looking at various examples in the market. In my personal opinion there cannot be any two opinions about the difference in prestige and worth associated with these qualifications in our homeland.
Disagreement may exist about the reasons, and ACCA members do have got the right to think that this difference is due to negative propaganda against ACCA by ICAP members. However, for ICAP members any such concept is sheer idiocy as no such propaganda was never required against ACCA by ICAP members. However, there may not be any limit of fooling oneâs ownself.
My personal suggestion for all those who wish to pursue career while remaining in Pakistan, ACCA is never a bad option to start with, I have said it at a number of places at this forum, however, it should never be considered as a full fledge qualification. Itâs a good route for starting CA (ICAP), as its easier to qualify and its comparatively a secured route. ICAEW may be another choice as well, however, as its new in Pakistan doubts may exist about how future turns out to be and ICAP being the local accountancy body will always have the advantage as is the trend world over.
The risk associated with selection of CA (ICAP) as a career is that it proves too tough for many to qualify. The key too success for it is primarily the professional attitude and not hard work like donkeys. Many students who opt for CA are unable to qualify and consequently they have to go for other qualifications, all this process may claim reasonable of oneâs golden time. I now many students who opted for MBA or ACCA as the remained unsuccessful.
Logical arguments whether full of disagreements are always welcomed. A lot of other misconceptions shown by various members needs clarification. However, to avoid getting lengthy I will come to those later.
Regards,
Shoaib
Living in fool's paradise, how can the phrase be better understood than the hilarious and gibberish arguments given by some novice but enthusiastic accountants.
ACCA vs ICAP donât ever think that any such comparison can exist in Pakistani market. To be very honest, it is almost impossible for fresh ACCAs to find any respectable position in Pakistani market. One of the reasons for this is that there is no compulsion for anything like articleship in ACCA. On the very other hand there are a sizeable number of ICAP members who are earning six digit salaries within no time of qualification. Any body who doubts it may get it confirmed by looking at various examples in the market. In my personal opinion there cannot be any two opinions about the difference in prestige and worth associated with these qualifications in our homeland.
Disagreement may exist about the reasons, and ACCA members do have got the right to think that this difference is due to negative propaganda against ACCA by ICAP members. However, for ICAP members any such concept is sheer idiocy as no such propaganda was never required against ACCA by ICAP members. However, there may not be any limit of fooling oneâs ownself.
My personal suggestion for all those who wish to pursue career while remaining in Pakistan, ACCA is never a bad option to start with, I have said it at a number of places at this forum, however, it should never be considered as a full fledge qualification. Itâs a good route for starting CA (ICAP), as its easier to qualify and its comparatively a secured route. ICAEW may be another choice as well, however, as its new in Pakistan doubts may exist about how future turns out to be and ICAP being the local accountancy body will always have the advantage as is the trend world over.
The risk associated with selection of CA (ICAP) as a career is that it proves too tough for many to qualify. The key too success for it is primarily the professional attitude and not hard work like donkeys. Many students who opt for CA are unable to qualify and consequently they have to go for other qualifications, all this process may claim reasonable of oneâs golden time. I now many students who opted for MBA or ACCA as the remained unsuccessful.
Logical arguments whether full of disagreements are always welcomed. A lot of other misconceptions shown by various members needs clarification. However, to avoid getting lengthy I will come to those later.
Regards,
Shoaib