02-21-2005, 08:06 AM
Dear Nasir,
In Pakistan, ICAP has a very tight monopoly over the accountancy job market. The reasons for this are numerous. The recruiters (the people who hire other people on jobs) are either CA's (ICAP) themselves or prefer CA's. As a result, CA's are paid far better than ACCA's. This is also because ACCA affliates dont have the neccesary training credentials. In every field, having practical experience matters a lot. An employer would pay a MBA with 4 yrs experience, far more than he would pay a fresh graduate. So the employers naturally prefer CA's who have 4 yrs of practical training expreience, to ACCA's who dont.
I think, If you want to reach the top in Pakistan, it will be best for you to do CA after ACCA. If you posses the neccesary capabilities than why not go for it? Even if you want to become an ACCA member you need training experience. SO why not get enrolled as an ICAP traineee & fulfil both ACCA & ICAP training requirements in the same time ?
In Pakistan, ICAP has a very tight monopoly over the accountancy job market. The reasons for this are numerous. The recruiters (the people who hire other people on jobs) are either CA's (ICAP) themselves or prefer CA's. As a result, CA's are paid far better than ACCA's. This is also because ACCA affliates dont have the neccesary training credentials. In every field, having practical experience matters a lot. An employer would pay a MBA with 4 yrs experience, far more than he would pay a fresh graduate. So the employers naturally prefer CA's who have 4 yrs of practical training expreience, to ACCA's who dont.
I think, If you want to reach the top in Pakistan, it will be best for you to do CA after ACCA. If you posses the neccesary capabilities than why not go for it? Even if you want to become an ACCA member you need training experience. SO why not get enrolled as an ICAP traineee & fulfil both ACCA & ICAP training requirements in the same time ?
