02-03-2009, 11:51 PM
Dear Aftab,
When we talk about specialization, it is different, although both qualifications are related to accountancy and finance.
Somehow ACMAs have been regarded best for the public sector jobs that was not the essense of this qualification. You pick up directory of your members and look at the senior members, most of them would be seen at good positions in public sector.
The areas where ACMAs have to work and provide innovative solutions and remedies is totally unaddressed by them in Pakistan. One cannot say that Pakistani industry does not have such opprtunities or needs. I have been dealing with manufacturing clients for quite some time and I know industry needs specialists people on such fronts who can make the owners understand what is the utility of better costing techniques, standardization, budgetary controls, cost accumulation innovations and management reporting techniques are vital for them. Why specialized people of such field are necessary and how can this all add value to the business.
I am sorry to say but I don't see ACMAs making any such efforts on the areas which need their special attention. Rather we see part qualified people on such jobs. Instead of addressing what is needed ACMA friends are always talking about audits, which may not be wrong, but is not the focal area.
If some one is hurt due to this observation I tender my regrets in advance. There is no war with ACMAs (and even with any other designations). There is no need to do so. I don't know why kids take the things wrongly.
Regards,
KAMRAN.
When we talk about specialization, it is different, although both qualifications are related to accountancy and finance.
Somehow ACMAs have been regarded best for the public sector jobs that was not the essense of this qualification. You pick up directory of your members and look at the senior members, most of them would be seen at good positions in public sector.
The areas where ACMAs have to work and provide innovative solutions and remedies is totally unaddressed by them in Pakistan. One cannot say that Pakistani industry does not have such opprtunities or needs. I have been dealing with manufacturing clients for quite some time and I know industry needs specialists people on such fronts who can make the owners understand what is the utility of better costing techniques, standardization, budgetary controls, cost accumulation innovations and management reporting techniques are vital for them. Why specialized people of such field are necessary and how can this all add value to the business.
I am sorry to say but I don't see ACMAs making any such efforts on the areas which need their special attention. Rather we see part qualified people on such jobs. Instead of addressing what is needed ACMA friends are always talking about audits, which may not be wrong, but is not the focal area.
If some one is hurt due to this observation I tender my regrets in advance. There is no war with ACMAs (and even with any other designations). There is no need to do so. I don't know why kids take the things wrongly.
Regards,
KAMRAN.