07-16-2010, 08:59 PM
Vital
It's not about following the entire ICAEW system altogether. Rather, it is about transforimg our syllabus to meet its contents with such an international body; and breaking down of such contents into various modules on the lines of what ICAEW is doing. It's not about examination procedures, exam policies, and setting of papers for our students. This all has to be done locally. I personally feel no harm in doing so.
Further, the suggestion of getting the study materials (as per new syllabus contents) from some renowned developer like Kaplan is also worth noting. Any such developer would be at ease and more vibrant and effective while developing the study material as per the contents followed by world's largets bodies like ICAEW, ICAA and CICA in qualitative terms.
So the benefit would be threefold-
Firstly, syllabus would be totally in line with any other international body (as CICA and ICAA also rate ICAEW equal to them) and this will enhance Pakistani qualification's understanding and acceptability internationally; not only on jobs and skills front but also when you will put your case for MRAs with these bodies. {I agree with you that such MOUs with ICAEW, CICA and ICAA are sufficient for Pakistani CAs}.
Secondly, developers of study material can produce far focused and standardized things for your students. {We can develop syllabus and material for localized subjects locally as well}.
Thirdly, this will put us shoulder to shoulder with those who are talking about a globalized qualification of accountancy (that will follow IFAC's pronouncements) having similar worth all over the globe. A dream to be achieved at some point of time.
I guess, if we will do this, students' flow will increase not for easeness but for the expected benefits and standardization of study materials and syllabus contents providing improved equal opportunities thereby reducing their grouses about these matters.
As far as market situation is concerned; I don't feel there would be any bigger imbalance. We are not going to adopt examination system of ICAEW. The fittest will have to survive on the yardstick/criterion our policies will establish.
Regards,
It's not about following the entire ICAEW system altogether. Rather, it is about transforimg our syllabus to meet its contents with such an international body; and breaking down of such contents into various modules on the lines of what ICAEW is doing. It's not about examination procedures, exam policies, and setting of papers for our students. This all has to be done locally. I personally feel no harm in doing so.
Further, the suggestion of getting the study materials (as per new syllabus contents) from some renowned developer like Kaplan is also worth noting. Any such developer would be at ease and more vibrant and effective while developing the study material as per the contents followed by world's largets bodies like ICAEW, ICAA and CICA in qualitative terms.
So the benefit would be threefold-
Firstly, syllabus would be totally in line with any other international body (as CICA and ICAA also rate ICAEW equal to them) and this will enhance Pakistani qualification's understanding and acceptability internationally; not only on jobs and skills front but also when you will put your case for MRAs with these bodies. {I agree with you that such MOUs with ICAEW, CICA and ICAA are sufficient for Pakistani CAs}.
Secondly, developers of study material can produce far focused and standardized things for your students. {We can develop syllabus and material for localized subjects locally as well}.
Thirdly, this will put us shoulder to shoulder with those who are talking about a globalized qualification of accountancy (that will follow IFAC's pronouncements) having similar worth all over the globe. A dream to be achieved at some point of time.
I guess, if we will do this, students' flow will increase not for easeness but for the expected benefits and standardization of study materials and syllabus contents providing improved equal opportunities thereby reducing their grouses about these matters.
As far as market situation is concerned; I don't feel there would be any bigger imbalance. We are not going to adopt examination system of ICAEW. The fittest will have to survive on the yardstick/criterion our policies will establish.
Regards,