02-26-2010, 05:48 PM
Folks
All what you are debating has so many times been discussed, debated, questioned, counter questioned, and analyzed. I guess every one knows what is what. The last post of a fellow "crazzyaccountant" clarifies it as well where he wrote
............"As far as i think the best route for one could be go for ACCA and then C.A and in last for ICAEW saving a chance of success"...........
It's enough to clarify the purpose of ACCA which most of our students bear in mind and I am pretty much sure that ACCA is much helpful for those, whose destination in itself is not ACCA.
By the way I always appreciate those who are doing ACCA considering it a core qualification itself. At the same time, I don't dissent with the idea of having more than one qualification; however, it should not be for a reason that the already conceived qualification/designation is not upto the mark or is not producing the desired results.
Every one who is sitting outside Pak and is praising ACCA is merely for the reason that it some how provided them (or they think it can provide the others) a way forward to jump in another qaulification through a "shortcut". Yet, one crucial aspect is forgotten; that at which place it itself is a core qualification? This question is of utmost importance and is never pondered upon.
With a bit exception of middle east (since they don't have loaclized professional bodies) and of UK (where they always prefer their localized ACCAs over the foreigners who did ACCA while stationing at another country), we don't find a place where it is a core qualification. I am not discussing how much "globalize" it is or how it can provide a shortcut at various locations. Rather, I am only discussing that it is not in itself a core qualification at most of the locations. If it is then why it is unknown?
Suhaaney khawb like "practicing rights at bala bala place" are nothing but something impracticable in 100+percent cases for the students who are located in Pakistan. Certainly no one can with limited resources go to Malasia or UK etc to establish a practice. If some one has such resources then certainly in majority of cases he does not need ACCA for getting settled and establishing a source of livelihood.
As far as providing exemptions or gateway or shortcut for some good qualification, we all know ACCA has a remarkeable worth. BTW, we know every one in the world and our nation in specific is too concerned for shortcuts. I just recalled the movie "Kaminey". Our 99% students of PIPFA are there merely with a thought that it can provide some shortcuts to other qualifications. So, it is natural for all of us including you all and myself as well in one way or other.
Rest of issues are known to the people who have given a test to the practical difficulties of life, and the ones who are unaware will soon explore it, since "time" always transfers the burden of responsibilities sooner or later. I also believe that one gets what ALLAH has written in his fate.
I request you all not to engage in personal differences or issues merely on the basis of what ACCA is or what it is not. Being an ACCA is not going to help or affect others in any manner and being not an ACCA is also not leaving any impact of similar nature. It's also natural that people are hurt if we pass any remarks contrary to what they believe or percieve; although it is not democratic but is a fact of life and no one is exception. So, I think we should not go at proving something that may hurt some one. If it does not hurt sentiments then there is no issue in continuing with the discussion.
Stick with your objective in life and always take the responsibility of your decisions. Time teaches so many lessons, so we are not obliged to change any one's mind.
All the members have fullest right to dissent with my view point and I have no claim for any perfection.
Regards,
KAMRAN.