ICAP humiliating itself

[ali_boy9]

DEAR KAMRAN
WELL IT'S CERTAINLY GOOD WAY IN.. BUT IT'S A LOT DIFFICULT TO PASS ANY EXAM WHETHER IT'S ACCA ICAEW ICAS OR ICAP IF ONE LACKS PREPARATION.. WHAT DO YOU MEAN BY SAYING EASIER.
DEAR IT ALL DEPENDS UPON ONES WAY OF STUDY AND PREPARAION.
CAN YOU PASS EVEN A SINGLE PAPER WITHOUT STUDYING?
NO..
IT'S NOT EASY.. IT'S THE WAY STUDENTS PREPARE.
THE WAY ACCA STUENTS PREPARE IS FAR BETTER THAN THOSE OF ICAPIANs WHICH IS ALL "RATTA" and which they are habitual of since they come from the RATTA backgrounds.

well aside of these things
look at the icap syllabus

Paper A 1 Functional English
Paper A 2 Quantitative Methods
Module B
Paper B 3 Introduction to Economics and Finance
Paper B 4 Introduction to Financial Accounting
Paper B 5 Mercantile Law
INTERMEDIATE EXAMINATION
Module C
Paper C 6 Financial Accounting
Paper C 7 Taxation
Paper C 8 Business Communication and Behavioural Studies
Module D
Paper D 9 Company Law
Paper D 10 Cost Accounting
Paper D 11 Auditing
Paper D 12 Information Technology
FINAL EXAMINATION
Module E
Paper E 13 Information Technology Management, Audit and Control
Paper E 14 Advanced Accounting & Financial Reporting
Paper E 15 Corporate Laws
Paper E 16 Business Management
Module F
Paper F 17 Management Accounting
Paper F 18 Business Finance Decision
Paper F 19 Advanced Taxation
Paper F 20 Advanced Auditing

and lets compare it with that of ACCA... infact lets compare it with CAT.

For the CAT qualification you will complete nine exams, split into three Levels. These are all designed to test the knowledge, skills and understanding you will need to work in accounting support roles. The exams cover the key areas of accounting, finance, IT and management.

Advanced Level exams are of equivalent standard to the first year of a university degree and offer a choice of options to suit your career needs.

At Advanced Level, the element of choice is introduced so that you can tailor your learning to suit work experience and career aspirations.INTRODUCTORY LEVEL
1 Recording Financial Transactions
2 Information for Management Control
INTERMEDIATE LEVEL
3 Maintaining Financial Records
4 Accounting for Costs
ADVANCED LEVEL
5 Managing People and Systems
6 Drafting Financial Statements
7 Planning, Control and Performance Management
plus two options from
8 Implementing Audit Procedures
9 Preparing Taxation Computations
10 Managing Finances

CAT the initial step for getting in ACCA has very strong academic syllabus compared to that of icap.
in icap audit is introduced in module D. whereas in CAT its introduced in level 3. TOPICS LIKE ACCOUNTING FOR COSTS.. MAINTIANING FINANCIAL RECORDS IS TAUGHT IN LEVEL 2 . (remember CAT is only a gateway to ACCA).

HAVE A LOOK AT THE SYLLABUS ABOVE AND COMPARE IT YOUR WAY... IT SIMPLY "CAT"

SO WHAT ABOUT ACCA.
COMPANY LAW AND CORPORATE LAWS WHICH ARE STUDIED IN MODULE D and E are studied in fundamentals in ACCA which is F4 of ACCA.
HAVE A LOOK AT ACCA SYLLABUS

FUNDAMENTALS (nine papers in total)Knowledge
F1 Accountant in Business(AB)
F2 Management Accounting(MA)
F3 Financial Accounting(FA)
Skills
F4 Corporate and Business Law(CL)
F5 Performance Management(PM)
F6 Taxation(TX)
F7 Financial Reporting(FR)
F8 Audit and Assurance (AA)
F9 Financial Management(FM)
PROFESSIONAL (five papers in total)
Essentials
P1 Professional Accountant(PA)
P2 Corporate Reporting(CR)
P3 Business Analysis(BA)
Options (two to be completed)
P4 Advanced Financial Management(AFM)
P5 Advanced Performance Management(APM)
P6 Advanced Taxation(ATX)
P7 Advanced Audit and Assurance(AAA)

I cant even think of comparing ACCA ADVANCED LEVEL with that of icaps module e&f.. icaps is too far too low in topics and coverage of what an accountant needs.

REGARDS.
ALI