06-07-2005, 03:58 PM
Bilal, if you didnt want to start another ACCA v/s CA debate, you should not have replied. Since all I see in your reply is how CA is better than ACCA. Like I said before, your opinions are biased and baseless.
Your CA articles start after you pass module D, while for an ACCA who wants to do CA, the articles start when hes done ACCA and registered to ICAP. This means an ACCA applying for CA articles is up against a CA inter. Do you know an ACCA has already studied the subjects a CA inter will study in moudle E and F?
Do me a favour, before you start mouthing off next time, just review the CA inter and ACCA syllabus. The ACCA syllabus is more complex, has more depth and is more up-to-date with the recent devolopements in Accounting and Management.
As an example, the latest IFRS and IAS adjustments were not examinable for CA until the June 05 attempt, while we studied them as soon as IASB approved them. I contacted ICAP and asked them why are the students studying standards that are no longer applicable in their December attempt, and the reply I got from ICAP was because the standards book wasnt available in the market. ICAP cant even get hold of the rights to the latest standards book. Which means somebody who did CA in December did so by studying outdated syllabus.
You actually think a CA has more abilities than an ACCA? That is just absurd. The ACCA syllabus covers all of CA and more. But you can think what you want. Personally, I think an ACCA qualified is far better than even a CA qualified. And I explained a few reasons why I think so. I would like to hear your reasons as well.
I bet the people you mentioned who think CAs have more abilities than them are part qualified. Comparing ACCA and CA students is plain stupid. The sequence of studies is different. If you are big on comparisions, compare an ACCA with a CA.
I never said anything about tax. I only said law. We have not studied Pakistan law so its no surprise we dont know which sections apply where. Again, NOT TAX, ONLY LAW. Okay? There are no major differences when it comes to tax. You think a firm prefers a CA inter because he has studied Pakistan law and we havent? To me that sounds silly, and I doubt if thats the case. But even if it is, its no longer an issue since the Pakistan tax/law variant has been introduced in ACCA.
Its true firms prefer a CA inter over an ACCA, and the reason is not what you stated, the reason is their misconception. Most firms feel an ACCA will not stick around for the 3 year period. And its true, most ACCAs leave the firm after a few months. Since our degree is internationally recognisable, most ACCAs leave the country, or get a job here instead of doing articles. You would be surprised to hear that an ACCA affiliate with no articles can get a pretty decent job with a decent salary. So, its hard for an ACCA to get CA articles in a decent firm without a referance. And thats the point I made in my previous post.
And no, I dont believe any ACCA affiliate is doing his CA articles from Yousaf Adil, since those were the manager's exact words, and I have a feeling he is more credible than you.
Your CA articles start after you pass module D, while for an ACCA who wants to do CA, the articles start when hes done ACCA and registered to ICAP. This means an ACCA applying for CA articles is up against a CA inter. Do you know an ACCA has already studied the subjects a CA inter will study in moudle E and F?
Do me a favour, before you start mouthing off next time, just review the CA inter and ACCA syllabus. The ACCA syllabus is more complex, has more depth and is more up-to-date with the recent devolopements in Accounting and Management.
As an example, the latest IFRS and IAS adjustments were not examinable for CA until the June 05 attempt, while we studied them as soon as IASB approved them. I contacted ICAP and asked them why are the students studying standards that are no longer applicable in their December attempt, and the reply I got from ICAP was because the standards book wasnt available in the market. ICAP cant even get hold of the rights to the latest standards book. Which means somebody who did CA in December did so by studying outdated syllabus.
You actually think a CA has more abilities than an ACCA? That is just absurd. The ACCA syllabus covers all of CA and more. But you can think what you want. Personally, I think an ACCA qualified is far better than even a CA qualified. And I explained a few reasons why I think so. I would like to hear your reasons as well.
I bet the people you mentioned who think CAs have more abilities than them are part qualified. Comparing ACCA and CA students is plain stupid. The sequence of studies is different. If you are big on comparisions, compare an ACCA with a CA.
I never said anything about tax. I only said law. We have not studied Pakistan law so its no surprise we dont know which sections apply where. Again, NOT TAX, ONLY LAW. Okay? There are no major differences when it comes to tax. You think a firm prefers a CA inter because he has studied Pakistan law and we havent? To me that sounds silly, and I doubt if thats the case. But even if it is, its no longer an issue since the Pakistan tax/law variant has been introduced in ACCA.
Its true firms prefer a CA inter over an ACCA, and the reason is not what you stated, the reason is their misconception. Most firms feel an ACCA will not stick around for the 3 year period. And its true, most ACCAs leave the firm after a few months. Since our degree is internationally recognisable, most ACCAs leave the country, or get a job here instead of doing articles. You would be surprised to hear that an ACCA affiliate with no articles can get a pretty decent job with a decent salary. So, its hard for an ACCA to get CA articles in a decent firm without a referance. And thats the point I made in my previous post.
And no, I dont believe any ACCA affiliate is doing his CA articles from Yousaf Adil, since those were the manager's exact words, and I have a feeling he is more credible than you.
