09-15-2003, 07:00 PM
In my opinion the reason for not hiring CIMA and ACCA (as i include) student, is the legal status of trainee student.
As if we compare them with CA students, they are registered with ICAP under Bye Laws, and they cannot leave the firm on their own, for this they are required to obtain NOC from the firm.
So when audit firms hire CIMA or ACCA student and the time comes when the firms are in a position to get benefit from the work which they learnt during the period, the CIMA and ACCA students run away after 6 months or 1 year (to another firm where they feel the better opportunities).
so there should be a registeration process for ACCA or CIMA students like CA students (or for any other professional degree which require practical training), and for leaving the firms they must obtain NOC from the firm.
So in my opinion this the main reason for non-hiring of said students.
S M R
Edited by - smraza on Sep 15 2003 20446 PM
As if we compare them with CA students, they are registered with ICAP under Bye Laws, and they cannot leave the firm on their own, for this they are required to obtain NOC from the firm.
So when audit firms hire CIMA or ACCA student and the time comes when the firms are in a position to get benefit from the work which they learnt during the period, the CIMA and ACCA students run away after 6 months or 1 year (to another firm where they feel the better opportunities).
so there should be a registeration process for ACCA or CIMA students like CA students (or for any other professional degree which require practical training), and for leaving the firms they must obtain NOC from the firm.
So in my opinion this the main reason for non-hiring of said students.
S M R
Edited by - smraza on Sep 15 2003 20446 PM
