07-17-2010, 10:22 AM
Mansoor Do CFA after ACCA!? CFA is an investment management qualification, and not an accountancy qualification. It would be a career change from accountancy to financial services. One can do CFA without the ACCA qualification so why go through all the unnecessary hassle? You either want to be an accountant or an investment manager. Please take some time, do some soul searching and make up your mind before progressing any further with your studies!
VITAL Enjoy your tiny world of ICAP while the ICAEW, CIMA and ACCA conquer the world of accountancy including Pakistan. No one's even heard of ICAP outside Pakistan. Ask your colleagues who tried to transfer to the Big 4 offices in the UK or USA. They were told to pass ICAEW, ACCA or AICPA exams first.
And one more thing, only a tiny proportion of accountants are auditors, the rest aspire to become FDs and CFOs in multinational corporations or work as corporate finance consultants. So not being able to audit is not really a hurdle to progress in the field of accountancy.
I am in no way taking part in the CA v ACCA debate. I am a CA myself but am just sick of 'some' ICAP members' unjustified arrogance. And being a teacher, I am merely trying to motivate non-ICAP accountancy students in Pakistan that they do not need to tolerate the ICAP monopoly in Pakistan (which is about to be shattered within a few years by much bigger international players, ICAEW, ACCA, CIMA and AICPA are all planning their worldwide domination agendas). ICAP can be completely bypassed by ambitious accountants with these overseas qualifications.
VITAL Enjoy your tiny world of ICAP while the ICAEW, CIMA and ACCA conquer the world of accountancy including Pakistan. No one's even heard of ICAP outside Pakistan. Ask your colleagues who tried to transfer to the Big 4 offices in the UK or USA. They were told to pass ICAEW, ACCA or AICPA exams first.
And one more thing, only a tiny proportion of accountants are auditors, the rest aspire to become FDs and CFOs in multinational corporations or work as corporate finance consultants. So not being able to audit is not really a hurdle to progress in the field of accountancy.
I am in no way taking part in the CA v ACCA debate. I am a CA myself but am just sick of 'some' ICAP members' unjustified arrogance. And being a teacher, I am merely trying to motivate non-ICAP accountancy students in Pakistan that they do not need to tolerate the ICAP monopoly in Pakistan (which is about to be shattered within a few years by much bigger international players, ICAEW, ACCA, CIMA and AICPA are all planning their worldwide domination agendas). ICAP can be completely bypassed by ambitious accountants with these overseas qualifications.