04-02-2010, 09:19 AM
Well! Something that originally started by pointing out some absurd things in HEC's policies gradually shifted towards ICAP
ACCA alongwith various other foreign qualification is accepted as certification. I don't think that practically this makes a material different. If anyone has logics to contrary he please share with others. As told by Shani only some years back ACA, ICAP has same standing in HEC and only now it's considered equivalent to sixteen years of education. A whole day can be spent (read wasted) in discussing how come a sixteen years local master degree is equivalent to ACA.
Someone mentioned that persons who are not students of ICAP are finding it hardest to secure a training contract. As ICAP students do not need an ICAEW training contracted so the same statement more objectively could be made as securing an ICAEW training contract is very hard now a days for EVERYONE.
A came across a recent example of a qualified ACCA who after wasting some time in UK came back to Pakistan on account of the reason that he was not able to find a job there. We all know that job market in UK alongwith some other places is quite adversely affected by the recession we've been hearing for some time now. Local ACCAs or say UK national ACCAs are yet finding jobs however in the same market there is almost no place for Pakistani ACCAs. Don't both of them possess same qualification? Can anyone provide me with the reason of this distinction? More importantly instead of talking about use of legislative or other powers blah blah we should bear in mind that even after having qualified the exactly same papers still on account of our nationality we have comparatively very little space in western world.
ACCA alongwith various other foreign qualification is accepted as certification. I don't think that practically this makes a material different. If anyone has logics to contrary he please share with others. As told by Shani only some years back ACA, ICAP has same standing in HEC and only now it's considered equivalent to sixteen years of education. A whole day can be spent (read wasted) in discussing how come a sixteen years local master degree is equivalent to ACA.
Someone mentioned that persons who are not students of ICAP are finding it hardest to secure a training contract. As ICAP students do not need an ICAEW training contracted so the same statement more objectively could be made as securing an ICAEW training contract is very hard now a days for EVERYONE.
A came across a recent example of a qualified ACCA who after wasting some time in UK came back to Pakistan on account of the reason that he was not able to find a job there. We all know that job market in UK alongwith some other places is quite adversely affected by the recession we've been hearing for some time now. Local ACCAs or say UK national ACCAs are yet finding jobs however in the same market there is almost no place for Pakistani ACCAs. Don't both of them possess same qualification? Can anyone provide me with the reason of this distinction? More importantly instead of talking about use of legislative or other powers blah blah we should bear in mind that even after having qualified the exactly same papers still on account of our nationality we have comparatively very little space in western world.