03-11-2010, 11:14 AM
I will be happier if my analysis is incorrect. There is a trend of "BHAIR CHAL" in our culture. While in school we used to hear that how market got saturated with B.Coms, then MBAs, there was a time when people started pursuing IT careers without bothering bout the quality of education. And now its ACCA, they induct everyone as the students are the bread and butter for a country that primarily relies on education as a source of revenue and it may be considered easier than other professional qualifications around. Last but not the least, the new entrants fantasize it as something having good acceptability all over the globe (against the facts as I mentioned in my last post). What can a sane person conclude from the situation; obviously if things remain like this sooner or later the quantity of ACCA members in the market will be significantly more than what is required, and I'm afraid this situation will not be good for part qualified CAs as well.