10-29-2006, 12:22 AM
Listen guys...you all live in dreams...you need to come to england and see the markets over here.Here all the job markets call CIMA,CIPFA,ICAEW,ACCA as Chartered Accountants.When you say that I am a Chartered Accountant they ask you which body are you from; ICA , ACCA , CIPFA or CIMA.Job advertisers say ACA or Equivalent which includes ACCA CIPFA and CIMA.or they say chartered accountant(ACCA/CIMA/ACA) required for a busy office.Goto CIPFA website and they say we are the only chartered accountancy body specialising in public companies etc etc.Rest is recongition.ACCA says you will have to complete the local requirements of the law in your country of practice to get practicing certificate.So it doesnt mean ACCA is not good or ACA is better.This all means All accountancy bodies are equivalent.Rest is the law requirement which apparently in Pakistan is not in favour of ACCA but in favour of ACCA in african countries,Singapore, Hong Kong , England ,Ireland,Wales, Scotland,UAE,and many other countries whom i dont know of.So always look at the bigger picture.Thats what is taught in Final exams of ACCA.So be mature enough not to fight like children.and look how much money ACCA are makingf in UK practices, Millions of Pounds per annum.Same goes for ICA.All are good.Just do any one and you will get the rest in future.