06-26-2010, 12:08 AM
Historically CAs have never been playing the role of MERELY accountants, so it is incorrect to say that CAs are no more playing role of accountants and they should divert to management or strategic positions. CAs were never merely accountants.
You are young people and you need to know the history. CAs had been playing out of the box roles in the economy since the outset. There can be produced a long list of such names who had historically brought turnaround through their capabilities in public as well private sector be it FBR, SBP, CLA, SECP, Pakistanâs biggest and best Mutual Fund i.e. NIT, or whatever.
The purpose of current reforms is definitely to expand the Pakistani qualification cross regionally by achieving the best incentives for members. The examination methodology adopted locally has ideally played its role with all the transparency and quality. Yet there is a need to align or standardize the syllabus lay out as per international benchmarks so that no body compares content to content elements while entering into MRAs etc.
I believe so much would be achieved during the tenure of this council. Although Pakistani CAs carry very strong repo for their quality internationally, yet over the time their acceptability will further improve and establish at cross border avenues and the steps currently taken will make others to know our professionals more closely. That's why I believe establishment of chapters outside Pakistan is a very positive step.
I don't feel adopting any international body's syllabus will relax our examination standards. I have already informed that it is about syllabus contents, study material and approach. It's not about paper setting, examination and paper checking. Our standard is not going to be loosening up. Rest assured.
One further thing, although I believe that there should be no regional or economic barriers on education, knowledge and qualification, yet I feel the position of ACCA is going to be further tightened locally in coming days. Don't take it negatively please. It's merely an assessment, rather, prediction.
Let's see what future comes up with. Hope for the best.
Regards,
You are young people and you need to know the history. CAs had been playing out of the box roles in the economy since the outset. There can be produced a long list of such names who had historically brought turnaround through their capabilities in public as well private sector be it FBR, SBP, CLA, SECP, Pakistanâs biggest and best Mutual Fund i.e. NIT, or whatever.
The purpose of current reforms is definitely to expand the Pakistani qualification cross regionally by achieving the best incentives for members. The examination methodology adopted locally has ideally played its role with all the transparency and quality. Yet there is a need to align or standardize the syllabus lay out as per international benchmarks so that no body compares content to content elements while entering into MRAs etc.
I believe so much would be achieved during the tenure of this council. Although Pakistani CAs carry very strong repo for their quality internationally, yet over the time their acceptability will further improve and establish at cross border avenues and the steps currently taken will make others to know our professionals more closely. That's why I believe establishment of chapters outside Pakistan is a very positive step.
I don't feel adopting any international body's syllabus will relax our examination standards. I have already informed that it is about syllabus contents, study material and approach. It's not about paper setting, examination and paper checking. Our standard is not going to be loosening up. Rest assured.
One further thing, although I believe that there should be no regional or economic barriers on education, knowledge and qualification, yet I feel the position of ACCA is going to be further tightened locally in coming days. Don't take it negatively please. It's merely an assessment, rather, prediction.
Let's see what future comes up with. Hope for the best.
Regards,