01-31-2009, 08:23 PM
Khalid,
Some days earlier you were talking about taking over the world in couple of years and now you are hoping to get audit license in Pakistan in couple of years. Mashallah.
I am always of the view that there should be a healthy competition and we would even be welcoming ACCA to get some audit permission if they can somehow get it. This is my personal view. However, how long such qualification will take to get reasonable professional recognition in terms of market share cannot be predicted. We have seen what is ACCA's specific position worldover in profession, solely at its own. Yes, there could be one advantage to small professional firms. They would be at an ease to increase their manning (and even partners) level by making lesser cash payouts.
One more point, simple B.Com., B.A., and others like M.Com and M.B.As etc are also getting jobs in Pakistan and even in bodies like SBP. If some ACCAs have found job it should not be taken as sign of shaking the world in couple of years or a sign of supramacy at all. One should analyse what jobs those were and what status they have.
By saying so I don't mean that ACCAs cannot get good jobs at all. Rare cases are always there.
Regards,
KAMRAN.
Some days earlier you were talking about taking over the world in couple of years and now you are hoping to get audit license in Pakistan in couple of years. Mashallah.
I am always of the view that there should be a healthy competition and we would even be welcoming ACCA to get some audit permission if they can somehow get it. This is my personal view. However, how long such qualification will take to get reasonable professional recognition in terms of market share cannot be predicted. We have seen what is ACCA's specific position worldover in profession, solely at its own. Yes, there could be one advantage to small professional firms. They would be at an ease to increase their manning (and even partners) level by making lesser cash payouts.
One more point, simple B.Com., B.A., and others like M.Com and M.B.As etc are also getting jobs in Pakistan and even in bodies like SBP. If some ACCAs have found job it should not be taken as sign of shaking the world in couple of years or a sign of supramacy at all. One should analyse what jobs those were and what status they have.
By saying so I don't mean that ACCAs cannot get good jobs at all. Rare cases are always there.
Regards,
KAMRAN.