03-19-2004, 12:24 AM
well , i surely want to laugh, obviously its a NO for all who are doing or pursuing for ACCA and YES for all those who are or doing CA... so its again the battle of 2 qualifications just like we are quarrelling on other forums of CMA vs CA. HEy ppl what show we all are here putting. Are we making a pattern for the young ones to be BIASED and SELF ORIENTED?
I guess those who have dual qualifications or pursuing for it...can only make this comparison. I am not including myself by saying this but let me tell u all one thing (which someone of u may be aware of).... As regard the quality of exams and the testing criteria is concerned ACCA is far better than CA, ,rather if u compare audit and accounting papers of both institutes u will get the difference....
but as regard the professional exposure and the know how with local authorities is concerned CA are better,
The only problem ICAP is that when last time it saw every one after qualifying ACCA and and passing ICAPâs Corp Law Audit and Tax, they thought what an easy way it is to complete CAâ¦â¦ and we know the results, the exemptions were gone,,,so that doesnât mean ACCA is below CA rather thatâs our economy problem...currently ACA eng and wales is exempted wholly from CA (if not pursuing public practice) and if pursuing for public practice, Tax and Corp Law paper is required..
Now by whatever possible way, lets suppose ICAEW opens some local/worldwide exams just like ACCA and majority of students start to pursue them, completing them and start to avail exemptions what do u all above expect from ICAP.. YES ur right, ICAP will surely restrict them too.. so does that mean that ICAEW are unqualified to be qualified as or exempted from CA. Definitely NO but still this is the local economy problem....
ACCA through some political influences is trying to start the local corporate Law and Tax variant papers. Most of the above will say, so what! ACMA is here too, but I tell u once they get serious they will surely make this possible too, may be in long run for the SECâs or Fed Govt giving ACCAâs authority to conduct audits etc etcâ¦â¦
My sympathies are totally with ICAP, being one of its student but I personally feel that ACCA exam testing is better I guess.
Ya, I guess they are not able to go for public practice to dateâ¦coz local CAâs are so strong, well equipped, powerful and deserving for this particular job. ACCA has still to prove A LOT as regard PRACTICE and PROFESSIONAL EXPOSURE is concerned,,,,,,,,,
ACCA if want to enter solely in Pakistani market may go for 60% or 65% passing marks for Pakistan or may be ICAP giving exemptions in final parts on individual basis considering the exam marks. Coz I feel a student who scores more than 60% marks in final part is competent and studios enof to be completing CAâ¦.. This is my solution. What do u all say
I guess those who have dual qualifications or pursuing for it...can only make this comparison. I am not including myself by saying this but let me tell u all one thing (which someone of u may be aware of).... As regard the quality of exams and the testing criteria is concerned ACCA is far better than CA, ,rather if u compare audit and accounting papers of both institutes u will get the difference....
but as regard the professional exposure and the know how with local authorities is concerned CA are better,
The only problem ICAP is that when last time it saw every one after qualifying ACCA and and passing ICAPâs Corp Law Audit and Tax, they thought what an easy way it is to complete CAâ¦â¦ and we know the results, the exemptions were gone,,,so that doesnât mean ACCA is below CA rather thatâs our economy problem...currently ACA eng and wales is exempted wholly from CA (if not pursuing public practice) and if pursuing for public practice, Tax and Corp Law paper is required..
Now by whatever possible way, lets suppose ICAEW opens some local/worldwide exams just like ACCA and majority of students start to pursue them, completing them and start to avail exemptions what do u all above expect from ICAP.. YES ur right, ICAP will surely restrict them too.. so does that mean that ICAEW are unqualified to be qualified as or exempted from CA. Definitely NO but still this is the local economy problem....
ACCA through some political influences is trying to start the local corporate Law and Tax variant papers. Most of the above will say, so what! ACMA is here too, but I tell u once they get serious they will surely make this possible too, may be in long run for the SECâs or Fed Govt giving ACCAâs authority to conduct audits etc etcâ¦â¦
My sympathies are totally with ICAP, being one of its student but I personally feel that ACCA exam testing is better I guess.
Ya, I guess they are not able to go for public practice to dateâ¦coz local CAâs are so strong, well equipped, powerful and deserving for this particular job. ACCA has still to prove A LOT as regard PRACTICE and PROFESSIONAL EXPOSURE is concerned,,,,,,,,,
ACCA if want to enter solely in Pakistani market may go for 60% or 65% passing marks for Pakistan or may be ICAP giving exemptions in final parts on individual basis considering the exam marks. Coz I feel a student who scores more than 60% marks in final part is competent and studios enof to be completing CAâ¦.. This is my solution. What do u all say