07-16-2010, 07:47 PM
Dear Mr/Ms Inko, this Mr VITAL is a CA student who lives in Pakistan and is fully aware of the ground realities found in Pakistan. I think you are extremely unaware of those ground realities. Sorry for that.
I also felt that my earlier comments were sufficient, but I think you need some knowledge.
You said that with the passage of time ACCA members will reach senior positions in industry and practice. But these ACCA students are themselves saying that ACCA has no much scope in Pakistan. How they can reach senior positions?
As far as practice is concerned, ACCA members are not allowed to conduct an audit of public companies, and even private companies having capital of three million rupees or more.
ACCA members are not aware of Pakistani Tax and Corporate Laws, how they can provide consultancy in this area and how they can reach senior positions in Practice also?
You said that in the accounts department, your future ACCAs will recruit more ACCA trainees in preference to ICAP trainees.
For your knowledge, ICAP trainees donât get training from Accounts departments. In Pakistan there are CA firms for that purpose. The partners of those firms are ICAP members and they are not going to die overnight.
You said that ACCA students donât need to worry about exemptions. But the truth is that 80% of them are in ACCA only because to become CA in future and they are just taking ACCA as a Shortcut. They are of view that CA is the best option in Pakistan.
You advised them to join ICAEW. For your knowledge, Mr/Ms inko, I already advised them to go for ICAEW and even CFA if they want. But ACCA students like to work here, not in UK. So they like to become CA.
Best Regards,
Vital
