Is ICMAP bigger than CIMA?

[awaisaftab]

See the link
http//www.accountancy.com.pk/forum/topic.asp?TOPIC_ID=9020

Although I don't know about the way in which code of ethics is concluded by ICAP but it is not required for me under any standard of education further I am not a member of any special committee of ICAP for finalizing and preparing code of ethics. Rather knowledge of corporate law and tax laws is essential for every professional accountant.

Further if code of ethic is prepared under the guidelines of IFAC it does not mean that it is above criticism. Everything can be criticized. One thing should be keep in mind we cannot compare our national ethical level with the ethical level of modern countries in some aspects.

Further one of my above real world case was misinterpreted by Mr. Kamran I am reproducing it her

We observe many sorrowful audit practices in real life. A person who was part of an audit team during the audit of a partnership firm, the audit was made on the request of a sleeping partner, told me in very happy mood about the VIP treatment. He told me during that audit they daily visited some good restaurant or hotel including five star hotel of twin cities like Marriott, PC Hotel (both PC Rwp and Bhurban)Serena Hotel,Usmania Tabaq and Jhangir. So during 1 month period of audit the audit team did not leave any good hotel and restaurant of Rawalpindi and Islamabad.

The above details are not relating to any form of company rather it was pertaining to audit of a partnership firm, as I have used the word of "Sleeping Partner".
The purpose of that audit was the reservations of sleeping partner and the VIP treatment was given to audit team by the active partner. The VIP protocol was offered to audit team to get a neat and clean audit report because many frauds were made by the active partner
Mr.Kamran if you want to know the name of audit firm and Partnership firm, being audited, then this information can be provided you at your email.

My second example was also related to Partnership firm in fact Rs.25, 000/- was not paid against audit fees but rather in return of FAKE AUDIT REPORT. I was involved in the deal "May Almighty Allah Forgive Me ".

In above mentioned organization the extra ordinary benefits were offered by the accounts department from their own pocket and by unauthorized use of organizational resources in order to manipulate independent view of auditors.

Dear All

I want to make it clear I have no personal allergy with C.A’s. Even I always show respect to Mr. Kamran, but you have all seen the language used by him for me and this is not first time. I have mentioned that I have four year of practical experience and I think minimum duration of article is 3 year It does not suit a person (Who is partner in a CA firm) to compare his personality with me. I have said at many places that I started my career from an audit firm. I have been working through out my professional career under the supervision of professional accountants (FCA’s/FCMA’s). If I analysis the relation with my seniors it was much frank and warm with CA’s as compare to CMA’s. One of my ex boss, who is an ex-trainee of AFF, from whom firm I started my career still keep in touch with me and many times has done much for me.

Regards,

Awais Aftab