05-07-2008, 04:39 PM
Dear Khani,
First of all these comparisons have nothing to do when you talk in perspective of market demand for a given qualification. This is the most relevant thing which such ACCAs cannot understand since they are quite younger to have a thoughtful understanding.
Secondly, I disagree that quality of examination techniques of ACCAs is better. Students are given choices which makes much difference. Further, as discussed by Idrees Durrani, ACCA has been passing (partially or completely) its students in recent past just to increase global number of students/affiliates for which so much has been jeopardized.
I further disagree that papers of ACCA are better than ICAP. Yes these might have been drafted with different methodology. Such methodologies variate considerably from institute to institute. I never saw an ACCA who can independently prepare a financial model, valuation model or business plan etc (in real practical terms) after having such so-called in-depth (Non-Halwa) vigurous studies and after passing through so-called qualitative exams. Can you refer to me a single renowned firm set up by ACCAs so far in Pakistan which has such qualitative businesses.
Mind it nothing could be achieved just by making claims and getting engaged in purposeless un-ending discussions. If ACCAs want to have a competition, leave these childish comparisons and come up to face the ground facts and develop your-self to give a challenge to other professionals. You know in the capacity of being dependents on CAs, the claims and challenges made by ACCAs are just like the challenges of some of our leaders to USA and others like them. So, for being competitive get yourself upto the mark. This is the essense.
As far as personal respect is concerned, every member of the forum is respectable. However, right of negating or disagreeing other's viw point rests with every one.
You can totally disgaree with whatever I express on this forum.
Regards,
KAMRAN.