02-15-2004, 08:45 PM
<BLOCKQUOTE id=quote><font size=1 face="Verdana, Tahoma, Arial" id=quote>quote<hr height=1 noshade id=quote>
Assalamalaikum SMR and Suman
thankx for your reply's .. but I think neither one of you got my point .. what I am trying to say is that once ACCA introduces the Pakistani tax and law variants and the WTO comes into affect, do you still think that this ICAP monopoly will remain?? In my personal opinion it will not .. but I just want an opinion from both of you in this regards,
Ma Salam
OSA
<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Tahoma, Arial" size=2 id=quote>
Its quite simple to differentiate between ACCAs and CAs... You're quite right, as soon as ACCA introduces Pakistani Law and Tax variants, there won't be much difference between ACCA and CA...
But employers usually look at it from a different point of view... With the implementation of WTO, when employers would be seeking to hire an accountant, they'll find hundreds of ACCA affiliates and members, but won't find many C.A.s ... The question is, why less CAs than ACCAs ? What makes CA tougher than ACCA if its the same thing?
If ACCA is to be considered parallel to CA in the near future, why do people still opt for CA rather than ACCA?... Lack of knowledge??... I dont think so... Its basically because once a person has completed CA, he/she becomes automatically more educationally competent than an ACCA, because despite having a relatively similar course outline, CA exams are more difficult to pass than ACCA examinations... And this is not just my opinion, but a statement of fact...
The effort a CA student puts in for an exam is far more intense than what an ACCA student goes through during examination days... I am not at all overshadowing the fact that ACCA is tough... ACCA itself is not at all easy... And even if CA has more or less the same course as ACCA, a student of CA knowing that he/she will have more difficulty in passing exams will try to put more effort in studying... Hence, the concept that CA is tougher than ACCA...
But the fact lies in the understanding that when a student completes CA, the struggle he/she goes through, automatically makes him/her more competent even if he/she naturally wasnt... And basically thats the main reason why CAs are and have been preferred over ACCAs in the past...
And talking about Europe and the Middle East, its true that there's less difference between ACCAs and ACAs there... But tell you what, the respect and honor an ACA gets even in UK, etc as compared to an ACCA is obvious and noticeable... And ACAs are ALWAYS paid more than ACCAs in UK even if its a difference of only 6000 pounds p.a.
Assalamalaikum SMR and Suman
thankx for your reply's .. but I think neither one of you got my point .. what I am trying to say is that once ACCA introduces the Pakistani tax and law variants and the WTO comes into affect, do you still think that this ICAP monopoly will remain?? In my personal opinion it will not .. but I just want an opinion from both of you in this regards,
Ma Salam
OSA
<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Tahoma, Arial" size=2 id=quote>
Its quite simple to differentiate between ACCAs and CAs... You're quite right, as soon as ACCA introduces Pakistani Law and Tax variants, there won't be much difference between ACCA and CA...
But employers usually look at it from a different point of view... With the implementation of WTO, when employers would be seeking to hire an accountant, they'll find hundreds of ACCA affiliates and members, but won't find many C.A.s ... The question is, why less CAs than ACCAs ? What makes CA tougher than ACCA if its the same thing?
If ACCA is to be considered parallel to CA in the near future, why do people still opt for CA rather than ACCA?... Lack of knowledge??... I dont think so... Its basically because once a person has completed CA, he/she becomes automatically more educationally competent than an ACCA, because despite having a relatively similar course outline, CA exams are more difficult to pass than ACCA examinations... And this is not just my opinion, but a statement of fact...
The effort a CA student puts in for an exam is far more intense than what an ACCA student goes through during examination days... I am not at all overshadowing the fact that ACCA is tough... ACCA itself is not at all easy... And even if CA has more or less the same course as ACCA, a student of CA knowing that he/she will have more difficulty in passing exams will try to put more effort in studying... Hence, the concept that CA is tougher than ACCA...
But the fact lies in the understanding that when a student completes CA, the struggle he/she goes through, automatically makes him/her more competent even if he/she naturally wasnt... And basically thats the main reason why CAs are and have been preferred over ACCAs in the past...
And talking about Europe and the Middle East, its true that there's less difference between ACCAs and ACAs there... But tell you what, the respect and honor an ACA gets even in UK, etc as compared to an ACCA is obvious and noticeable... And ACAs are ALWAYS paid more than ACCAs in UK even if its a difference of only 6000 pounds p.a.
