07-03-2010, 02:35 AM
I think I was too much inclined towards ICAEW. I should have limited my discussion to the production of high quality study material by ICAP.
Yes ICAP should either undertake in-house development of study material or engage a company which has vast experience of publishing books relating to professional accountancy.
We should now move on and explore other aspects of the something new.
Kamran Bhai what will be your opinion if ICAP introduces a new subject that tests the professional competencies of students relating to what they have learnt from all their previous studies and relating to what they will be expected to do in the future? and do you think that there should be such subject?
CIMA has that type of subject and ICAEW has an integration module and in that module there are three papers.
Second, keeping in view that CFO conferences laid strong emphasis on the future role of CFOs relating to risk management and keeping in view that significant number of ICAP members are in corporate business sector (more than 80% if I am not wrong) and surely all of them do not engage in financial reporting and internal auditing, there must be ICAP members that are involved in financial analysis/risk management. Kamran Bhai do you feel that a newly qualified CA competes with a newly qualified CFA to get the job/post relating to above mentioned discipline?
And may be because of this do you think that ICAP is thinking to introduce a new subject relating to Financial Engineering and Risk Management and limit the scope of BFD paper to just corporate finance?
Professional opinions and views of others are welcomed.
Yes ICAP should either undertake in-house development of study material or engage a company which has vast experience of publishing books relating to professional accountancy.
We should now move on and explore other aspects of the something new.
Kamran Bhai what will be your opinion if ICAP introduces a new subject that tests the professional competencies of students relating to what they have learnt from all their previous studies and relating to what they will be expected to do in the future? and do you think that there should be such subject?
CIMA has that type of subject and ICAEW has an integration module and in that module there are three papers.
Second, keeping in view that CFO conferences laid strong emphasis on the future role of CFOs relating to risk management and keeping in view that significant number of ICAP members are in corporate business sector (more than 80% if I am not wrong) and surely all of them do not engage in financial reporting and internal auditing, there must be ICAP members that are involved in financial analysis/risk management. Kamran Bhai do you feel that a newly qualified CA competes with a newly qualified CFA to get the job/post relating to above mentioned discipline?
And may be because of this do you think that ICAP is thinking to introduce a new subject relating to Financial Engineering and Risk Management and limit the scope of BFD paper to just corporate finance?
Professional opinions and views of others are welcomed.
