10-20-2009, 10:09 PM
What a calculation!!!, good Job.
With due respect to everybody's opinion;
According to my point of view all countries prefering their own qualifications. Important matter is where you want to live & work. If you want to live in Pakistan then ICAP & ICMAP will win the race, in U.K ICAEW, CIMA, ACCA, in USA CPA, CMA, CFA, CIA and similarly in other countries.
All accounting bodies are good and making efforts to benefit their members, so apparently there should be no comparison but if we want to think about globally accepted qualification then the ball goes into the pocket of U.K, USA, Canada etc. etc.
Everybody loves it's own country, all of us are Pakistani and we are happy and proud to be a Pakistani but at the same time we need to understand harsh realities of this world which is called a global village in the recent times. We need to understand the economic strenght of our country because acceptance of a qualification is very much attached to the economic strenght of a country.
For example U.K or USA qualified accountants are getting job chances much more than our qualified accountants due to strenght of their economy and if they (U.K, USA accountants)wants to do job outside their country like Canada, Australia, M.E etc. they are prefereed in selection as compare to our qualifications.
Reaching on decisions about worth of a qualification solely on the basis of the fact that passing percentage of CIMA is high and ICMAP is low, students can complete CIMA in a much lesser time as compare to ICMAP plus CIMA is U.K & ICMAP is a Pakistani qualification is is not a correct yardstick. Important thing is that how much we benefited in the market and knowledege point of view after qualifying from these institution. All above insitutions are very good, very old and making progress in their goals and have different area of playing their roles.
ICAP & ICMAP having totally different audiances & different working so as per my personal point of view we should not bring ICAP, ACCA etc. in our discussion if we are discussing cost & management accounting bodies.
Regards,
Sohail
With due respect to everybody's opinion;
According to my point of view all countries prefering their own qualifications. Important matter is where you want to live & work. If you want to live in Pakistan then ICAP & ICMAP will win the race, in U.K ICAEW, CIMA, ACCA, in USA CPA, CMA, CFA, CIA and similarly in other countries.
All accounting bodies are good and making efforts to benefit their members, so apparently there should be no comparison but if we want to think about globally accepted qualification then the ball goes into the pocket of U.K, USA, Canada etc. etc.
Everybody loves it's own country, all of us are Pakistani and we are happy and proud to be a Pakistani but at the same time we need to understand harsh realities of this world which is called a global village in the recent times. We need to understand the economic strenght of our country because acceptance of a qualification is very much attached to the economic strenght of a country.
For example U.K or USA qualified accountants are getting job chances much more than our qualified accountants due to strenght of their economy and if they (U.K, USA accountants)wants to do job outside their country like Canada, Australia, M.E etc. they are prefereed in selection as compare to our qualifications.
Reaching on decisions about worth of a qualification solely on the basis of the fact that passing percentage of CIMA is high and ICMAP is low, students can complete CIMA in a much lesser time as compare to ICMAP plus CIMA is U.K & ICMAP is a Pakistani qualification is is not a correct yardstick. Important thing is that how much we benefited in the market and knowledege point of view after qualifying from these institution. All above insitutions are very good, very old and making progress in their goals and have different area of playing their roles.
ICAP & ICMAP having totally different audiances & different working so as per my personal point of view we should not bring ICAP, ACCA etc. in our discussion if we are discussing cost & management accounting bodies.
Regards,
Sohail
