03-28-2003, 05:36 AM
ACCA and CA Should be compared with facts.
CA has a plus point of studying local law and tax. CAs to my opinion are only auditors. They do no deserve place of financial managesrs as they study Financial Management in PEII. ACCAs on other hand study it in in three different papers at different levels. CAs will have to accept that the level of exams of SFM (CA) and 3.7 (ACCA)are of no match.
As far as Reporting in concerned CAs are better than ACCAs as majority of CAs study orignal Accounting standards, which many ACCAs of dont.
ACCAs get more exemptions than CAs in every accountancy bodys of the world.
ICAP do not want any other Accounting body to disturb its monopoly. But soon, as the awarness of ACCA is developed and ACCA adopts local Tax and Law variant, ACCA will gain popularity.
CA has a plus point of studying local law and tax. CAs to my opinion are only auditors. They do no deserve place of financial managesrs as they study Financial Management in PEII. ACCAs on other hand study it in in three different papers at different levels. CAs will have to accept that the level of exams of SFM (CA) and 3.7 (ACCA)are of no match.
As far as Reporting in concerned CAs are better than ACCAs as majority of CAs study orignal Accounting standards, which many ACCAs of dont.
ACCAs get more exemptions than CAs in every accountancy bodys of the world.
ICAP do not want any other Accounting body to disturb its monopoly. But soon, as the awarness of ACCA is developed and ACCA adopts local Tax and Law variant, ACCA will gain popularity.
