10-24-2009, 08:14 PM
Dear Kamran,
First of all I really appreciate your efforts in bringing out such kind of analysis of ICAP, and its good to see that our people are doing good jobs. But don't you think 941 is so small to be noticed in the accounting world when we are talking about million of accountants working around the world.
According to your numbers total members of ICAP are 4243 out of which 22% working abroad on good positions but just imagine the number of ACA's - U.K/CPA's working in the world and when it comes to hiring then its obvious that they will prefer their own country's institute first and then globally renowned institutes, which will again prove my point of selection threshold mentioned in my previous post.
There is no doubt in the technical skill of our accountants (CMA's & ACA's)..but fact is fact. If you keep on insisting and will provide rare examples then you also have to accept that CMA's are also supervising ACA's not only in Pakistan but also around the world..atleast I know personally couple of ACA's from Pakistan & India working under a CMA (may be in your point of view you can call this as a rare case).
Exceptions are always there..Pakistani ACA's are best ACA's in the market but this can be proved only when they got a chance to prove, which means they have to wait for their turn to prove themseleves rather than direct entry on the basis of their qualification which happened in case of ACA's of U.K and CPA's of USA.
In short I don't have any concern on quality of education provided by ICMAP & ICAP as both institutes are brilliant..I am only pointing acceptance of these qualification globally as compare to other institutes because the comparison was between CIMA (globally recognized & consider one of the best among CMA's) and ICMAP (very well recognized in Pakistan and providing quality education).
Regards,
Sohail
First of all I really appreciate your efforts in bringing out such kind of analysis of ICAP, and its good to see that our people are doing good jobs. But don't you think 941 is so small to be noticed in the accounting world when we are talking about million of accountants working around the world.
According to your numbers total members of ICAP are 4243 out of which 22% working abroad on good positions but just imagine the number of ACA's - U.K/CPA's working in the world and when it comes to hiring then its obvious that they will prefer their own country's institute first and then globally renowned institutes, which will again prove my point of selection threshold mentioned in my previous post.
There is no doubt in the technical skill of our accountants (CMA's & ACA's)..but fact is fact. If you keep on insisting and will provide rare examples then you also have to accept that CMA's are also supervising ACA's not only in Pakistan but also around the world..atleast I know personally couple of ACA's from Pakistan & India working under a CMA (may be in your point of view you can call this as a rare case).
Exceptions are always there..Pakistani ACA's are best ACA's in the market but this can be proved only when they got a chance to prove, which means they have to wait for their turn to prove themseleves rather than direct entry on the basis of their qualification which happened in case of ACA's of U.K and CPA's of USA.
In short I don't have any concern on quality of education provided by ICMAP & ICAP as both institutes are brilliant..I am only pointing acceptance of these qualification globally as compare to other institutes because the comparison was between CIMA (globally recognized & consider one of the best among CMA's) and ICMAP (very well recognized in Pakistan and providing quality education).
Regards,
Sohail
