06-13-2004, 08:09 PM
in response to above
Dear all
EVERY BODY compares professional qualifications even same qualifications from different institutions(in our case firms), so comparing is on, no Question bout it. Even if u consider that every qualification is equal the market does not consider that even in UK. Apply in a big multinational u will understand it very quickly. As far as difficulty goes the passing ratio most certainly is a measure especially people failing in CA and doing ACCA easily (why isn't it the other way round - ever wonder) . CFA is very relevant they openly say that passing percentage is determined based on the difficulty of the paper and market conditions.
As for Finance Ministers doing it for CA one has to become one to do it. sitting on the side complaining wonât solve your problems - dear ACCA's. Credit must go to ICAP as well as CAs themselves for performing in a manner that intelligent employers think of no other than CAs. i hope ACCAs try to do the same not just complain.
If ACCA is considered at par with CA or CIMA people wonât become members of ICAEW or CIMA - why bother to take the longer more difficult route to get to the same destination. I would love to see the earning figures and position held by same experienced ACCAs and ICAEWs or CIMAs. Earning a big amount when converted into RS is not an indication of success or equality. ACCA's in UK telling CAs in Pakistan they earn a lot when converted in RS - perhaps level of job and position held is more pertinent here or perhaps ACCA need to come back to Pakistan and try to earn the same amount here. that would sure solve the problem.
the ego problem of ACCAs is that they want to be just like CAs or perhaps want an equal status without trying as much. ACCA most certainly need a doctor to solve their ego issue and develop some self esteem.
Consider CFA examination results, they only give the marks range where u lie in not the exact marks and passing percentage varies each attempt so why can't ICAP do it. Do CFAs complain - i think they are mature enough to understand the logic and basis for this.
For a CFA u have to pass all parts of the paper not one, this so because a professional is required to be expert in all areas.
It all depends upon the person itself but majority counts and who has proven what in the market. ACCAs AND CMAs do something.
Well said " talking high can never make u superior unless u prove it"
best wishes
NASCAR
Dear all
EVERY BODY compares professional qualifications even same qualifications from different institutions(in our case firms), so comparing is on, no Question bout it. Even if u consider that every qualification is equal the market does not consider that even in UK. Apply in a big multinational u will understand it very quickly. As far as difficulty goes the passing ratio most certainly is a measure especially people failing in CA and doing ACCA easily (why isn't it the other way round - ever wonder) . CFA is very relevant they openly say that passing percentage is determined based on the difficulty of the paper and market conditions.
As for Finance Ministers doing it for CA one has to become one to do it. sitting on the side complaining wonât solve your problems - dear ACCA's. Credit must go to ICAP as well as CAs themselves for performing in a manner that intelligent employers think of no other than CAs. i hope ACCAs try to do the same not just complain.
If ACCA is considered at par with CA or CIMA people wonât become members of ICAEW or CIMA - why bother to take the longer more difficult route to get to the same destination. I would love to see the earning figures and position held by same experienced ACCAs and ICAEWs or CIMAs. Earning a big amount when converted into RS is not an indication of success or equality. ACCA's in UK telling CAs in Pakistan they earn a lot when converted in RS - perhaps level of job and position held is more pertinent here or perhaps ACCA need to come back to Pakistan and try to earn the same amount here. that would sure solve the problem.
the ego problem of ACCAs is that they want to be just like CAs or perhaps want an equal status without trying as much. ACCA most certainly need a doctor to solve their ego issue and develop some self esteem.
Consider CFA examination results, they only give the marks range where u lie in not the exact marks and passing percentage varies each attempt so why can't ICAP do it. Do CFAs complain - i think they are mature enough to understand the logic and basis for this.
For a CFA u have to pass all parts of the paper not one, this so because a professional is required to be expert in all areas.
It all depends upon the person itself but majority counts and who has proven what in the market. ACCAs AND CMAs do something.
Well said " talking high can never make u superior unless u prove it"
best wishes
NASCAR
