02-02-2009, 11:26 PM
Dear Kamran
Now you decide is it joke that everyone who become ICAP member is given audit/practicing rights in Pakistan. There are no extra requirements. Now I can see why in Pakistan auditors cannot detect fraud and errors. Remember audits are taking care of poeple money so are doing very important job. Its means if ICAEW member become ICAP member then ICAP will issue him audit/practicing rights, but on other hands he will not even be eligible to sit ICAEW audit exam. Anyway its Great ICAP.
By the way in Pakistan ACA cannot become FCA after 5 yrs experience. ICAP web site says
<b>Eligibility For Fellowship</b>
Practice as an Associate for five years; or
Non-Practicing Associate for 10 years
Such rules do not exist anywhere in world at least not in UK. Again ICAP following class system. GREAT.
Khalid
Now you decide is it joke that everyone who become ICAP member is given audit/practicing rights in Pakistan. There are no extra requirements. Now I can see why in Pakistan auditors cannot detect fraud and errors. Remember audits are taking care of poeple money so are doing very important job. Its means if ICAEW member become ICAP member then ICAP will issue him audit/practicing rights, but on other hands he will not even be eligible to sit ICAEW audit exam. Anyway its Great ICAP.
By the way in Pakistan ACA cannot become FCA after 5 yrs experience. ICAP web site says
<b>Eligibility For Fellowship</b>
Practice as an Associate for five years; or
Non-Practicing Associate for 10 years
Such rules do not exist anywhere in world at least not in UK. Again ICAP following class system. GREAT.
Khalid