02-02-2009, 11:07 PM
I think u are right. ACMA are equally competent and capable and they undergo same kind of examination system which is evidence by their mutual qualification recongnition system. Although ICMAP came into existance some time later than ICAP yet presence of its member in every in all the sectors and on prestigious position speak for themselves. ICMAP has made its syllabus more rigorous which is aim at cultivating Corporate leaders. As result International bodies reviwed and enhance their number of exemptions.