11-29-2007, 06:20 AM
Dear Amir,
You are basically talking about what you normally see in CA approved study material. Yes, in most of available material these topics are not covered in much detail.
Still, as a topic these are covered in examination sallybus whether or not material is available in market or not. And people who want to study these topics in detail for their career and not just for exam read it in more detail than what is covered in ACCA. ICAP never put cap on studying if it is not examining something. The masters (i mean real masters) of such topics are very rare in Pakistan, and this is most probably the prime reason of choosing lesser questions from these areas.
I read notes of a friend who qualified before me and if you see these notes you will never find it lesser than ACCA. So in sallybus these are fully included but in exams these are not so far examined in much detail.
And of course the reason may be of priority in a specific environment. These transactions are really very lesser in our economy thats why these are lesser focussed. I remember a client who entered into a derivative transaction. It became an issue for them to identify that whether it is derivative or hedgeing. There is lesser expertise of these instruments.
I would appreciate if some one master of such instruments start providing topic-wise general guidance (from scratch) for the common welfare of students and professionals.
I invite attention of Mr. Ahsan Abdullah (DERIVATIVE TRADER) to this issue, if he can spare some time.
Best regards,
Kamran.
You are basically talking about what you normally see in CA approved study material. Yes, in most of available material these topics are not covered in much detail.
Still, as a topic these are covered in examination sallybus whether or not material is available in market or not. And people who want to study these topics in detail for their career and not just for exam read it in more detail than what is covered in ACCA. ICAP never put cap on studying if it is not examining something. The masters (i mean real masters) of such topics are very rare in Pakistan, and this is most probably the prime reason of choosing lesser questions from these areas.
I read notes of a friend who qualified before me and if you see these notes you will never find it lesser than ACCA. So in sallybus these are fully included but in exams these are not so far examined in much detail.
And of course the reason may be of priority in a specific environment. These transactions are really very lesser in our economy thats why these are lesser focussed. I remember a client who entered into a derivative transaction. It became an issue for them to identify that whether it is derivative or hedgeing. There is lesser expertise of these instruments.
I would appreciate if some one master of such instruments start providing topic-wise general guidance (from scratch) for the common welfare of students and professionals.
I invite attention of Mr. Ahsan Abdullah (DERIVATIVE TRADER) to this issue, if he can spare some time.
Best regards,
Kamran.
