02-10-2010, 09:51 PM
(This post is written to clarify an ambiguity so please no body should feel offended)
Dear Ajnabi
It was nice to read your comments. I, however, have a question for you which I hope you would not mind to clarify.
For being professional specialist of a given field there can be contribution of two important most factors. The first is academic and professional education specific to such profession and its specailization. The other one is intensive practical training which provides learning, experience, exposure and so much. When both these elements are combined, a specialist is produced. You can take examples of any field you like and analyse what I am saying.
You have written in your post that
"CAs are considered better option as far as the Audit of financial accounts is concerned, similarly, there is no alternative option available except to avail services of CMA as far as the Management Accountancy or cost Audit is concerned"
I hope you will not disagree on the ingredients that make up a quality professional specialist in a given field. So, I request you to enhance our knowledge and understanding on the other part of your remarks that what makes our CMAs best cost audit and management accounting professionals.
I mean is it their curriculum (have you gone through the curriculums of both CA and CMA particular to Cost and Management Accounting and Auditing)? or some specific training arrangement that the CAs miss during their training tenure?
Please note, I am not denying what you have mentioned. I am just wishing to have some what further clarification on your view point. By doing so you may help us to focus on training aspects or even curricular aspects you find deficient in CAs. In contrast may this post help you to understand that falls out of the normal frame of thought.
I look forward to you to share your experience and understanding with us.
Best regards,
KAMRAN.