01-21-2009, 01:00 PM
I just checked the web site, CPA(PAK) launched it qualification in Pakistan in 1994 and its SYLLABUS looks fine as they do have advance auditing, advance tax, advance accouting papers. Moreover its look from CPA(PAK) web site that CPA(PAK) members are also CFA means CPA(PAK) members are eligibled to register with CFA. Remember ACCA affliciate and ICAP membership can also register with CFA without any exemption. So its means CPA(PAK) has equal standing outside Pakistan which ICAP has.
I think ICAP is going to have tough time. I think CPA(PAK) will be allowed to do audit of plc. It will also be good for Pakistan as more competition means better quality accountants and work.
Moreover to register with CPA(Pak) one need to have at laest graduates whereas to register with ICAP one need to be inter so entry requirement of CPA(PAK) is better than ICAP.
Trust me ICAP will not be able to force Pakistani government, for long, not allow CPA(PAK) to audit plc in Pakistan.
CPA(PAK) qualifiaction structure is almost same which ACCA had before 2000. CPA(PAK) also have 14 papers. Are you getting my point. I cannot be more clear in my words at this point of time.
Khalid
I think ICAP is going to have tough time. I think CPA(PAK) will be allowed to do audit of plc. It will also be good for Pakistan as more competition means better quality accountants and work.
Moreover to register with CPA(Pak) one need to have at laest graduates whereas to register with ICAP one need to be inter so entry requirement of CPA(PAK) is better than ICAP.
Trust me ICAP will not be able to force Pakistani government, for long, not allow CPA(PAK) to audit plc in Pakistan.
CPA(PAK) qualifiaction structure is almost same which ACCA had before 2000. CPA(PAK) also have 14 papers. Are you getting my point. I cannot be more clear in my words at this point of time.
Khalid
