09-17-2009, 12:05 AM
Mazhar
I don't ever 'recommend' any one to do ACCA because in my view it does not yield good results at its own, at least at Pakistan. If I am wrong, simply visit the market (since you are an ACCA) and check the yield. So, this is so simple for you to understand.
Secondly, I don't say ACCA should not go for ICAEW's ACA. Rather, I believe this will enhance their marketability. Rabia has her own views but I don't say ACCA should not go for ICAEW.
Thirdly, the discussion does not raise any question on sufficacy of ICAP's CA. This CA doesn't need another designation for having good returns specially at Pakistan. If you are an ACCA you must be feeling it at this stage. This has been reflected indirectly in your last post as well.
As regards to MRAs, these are always good if entered into on real evaluation basis. This is a plus point for any designation regardless of how good or bad it is at its own. However, illogical MRAs based upon an intent of enhancing the revenues or numbers, in my view, are contributing nothing but to a decrease in quality. We are witnessing it from last four five years.
Having more than one qualifications is not a negative thing. People do it for diversifying their exposure and increasing the acceptability under different set of circumstances. However, this should be taken as a plus point and NOT as a compulsion. In my view currently finding some other designation has some how become a compulsion for ACCAs, at least at Pakistan.
I don't know if dozens of ICAP CAs are rushing for ICAEW's CA. You may be knowing more on this matter. In my view so far a very meager number (may be far far lesser than a general expectation) of ICAP's CAs has opted for ICAEW's three papers. Major reason is that they don't need it as compulsion. I believe such number will increase when MRA will be compatible and logical. Thus to cause reasons for doing so. ICAEW is having discussions for such developments with ICAP people.
The enthusism I discussed is largely found in ACCAs, CIMAs, and fresh students. ICAP's CAs may be interested for qualitative reasons but so far there has been winessed no haste or rush.
If you are talking about any ones who are claiming exemptions and getting registered, mind it, this is merely for saving British Pounds which are currently not chargeable. You will have to check how many will be appearing for exam.
At the end I must advise you to keep the topic to your queries. If you wish to read CA/ACCA debatesn you can study all previous threads. None of your logics will change the situation. If you feel otherwise, you can check market.
Regards,
Kamran.
I don't ever 'recommend' any one to do ACCA because in my view it does not yield good results at its own, at least at Pakistan. If I am wrong, simply visit the market (since you are an ACCA) and check the yield. So, this is so simple for you to understand.
Secondly, I don't say ACCA should not go for ICAEW's ACA. Rather, I believe this will enhance their marketability. Rabia has her own views but I don't say ACCA should not go for ICAEW.
Thirdly, the discussion does not raise any question on sufficacy of ICAP's CA. This CA doesn't need another designation for having good returns specially at Pakistan. If you are an ACCA you must be feeling it at this stage. This has been reflected indirectly in your last post as well.
As regards to MRAs, these are always good if entered into on real evaluation basis. This is a plus point for any designation regardless of how good or bad it is at its own. However, illogical MRAs based upon an intent of enhancing the revenues or numbers, in my view, are contributing nothing but to a decrease in quality. We are witnessing it from last four five years.
Having more than one qualifications is not a negative thing. People do it for diversifying their exposure and increasing the acceptability under different set of circumstances. However, this should be taken as a plus point and NOT as a compulsion. In my view currently finding some other designation has some how become a compulsion for ACCAs, at least at Pakistan.
I don't know if dozens of ICAP CAs are rushing for ICAEW's CA. You may be knowing more on this matter. In my view so far a very meager number (may be far far lesser than a general expectation) of ICAP's CAs has opted for ICAEW's three papers. Major reason is that they don't need it as compulsion. I believe such number will increase when MRA will be compatible and logical. Thus to cause reasons for doing so. ICAEW is having discussions for such developments with ICAP people.
The enthusism I discussed is largely found in ACCAs, CIMAs, and fresh students. ICAP's CAs may be interested for qualitative reasons but so far there has been winessed no haste or rush.
If you are talking about any ones who are claiming exemptions and getting registered, mind it, this is merely for saving British Pounds which are currently not chargeable. You will have to check how many will be appearing for exam.
At the end I must advise you to keep the topic to your queries. If you wish to read CA/ACCA debatesn you can study all previous threads. None of your logics will change the situation. If you feel otherwise, you can check market.
Regards,
Kamran.