08-03-2011, 04:18 AM
Asalam O Alaikum...
How are u all .. as far as CA is concern with ACMA .. i can competently say that ACMA is much far superior to CA, this doesn t mean in any sense that i m saying or going against CA .. they are best at their point and ACMA is best at theirs.. you will understand about it on reading the whole parah..
Acma is concerned as a necessity of every firm whether that firm is manufacturing or whether that firm is of servicing sector... basically i am saying that any firm whose motive is to earn profit, it has to acquire a cost accountant.. reason for that is this as you can will have to see what is the effect of cost accountant on business.. cost accountant deals with the exact costing of company .. like wapda has set a rate of suppose 2 rupee per unit.. that means that in this 2 rupee they have covered the four factors; land, labour, capital, entrepreneur. who has set the cost of it .. COST accountant as he know the way out to make more profits and reduce cost.. every company require them in order to set a price ... they are trained to manage all these business stuff.. so in order to make a Sales price , cost accountants are there.. so u can understand that scope of cost accountant .. even to give service u require to set a rate at which ur services are offered....
Along with it, the study criterion is quite difficult in acma than ca, reason for this, i am student of stage 2 of ACMA, we study a subject which has three portion Business Math, stat and Operation Search... the lectures given to us in completing three parts of this subject are just 40 lectures of 1 and half hour each... despite of it CA cover the same syllabus of MAth stat besides Operation search and they take 150 lectures to complete the course .. so who is must intelligent.. who covers the 25% extended course in 40 lectures or the one who covers the same in 150 lectures... second thing .. acma is more concerned with theoratical portion so that we could know abt every portion of business.. ACMA is just like a coach of a company ... who trains or takes the team to win a match and CA are auditors who give trophe to the team after their checking of accounts but ACMA makes the company capable to that stage where CA are to come to audit the firm.....
ACMAs are concerned till the G.P of the P&L account as they are responsible to dec. or inc. cost.... they are trained to generate revenue and know how to tackle up the cost .. u know if a company requires a loan .. the finance depptt has to ask the cost accountant that whether is there any space in per unit cost which can deduct out some portion of payment of interest on loan and if cost accountant allows they take loan as he has full knowledge of costing.. so every firm cannot afford a CA as they are concerned with successful companies but who had made that company successful are cost accountant... its a separate issue how they manage it..
Decision is onto you.. if u can study hard with all your powers then join ACMA as its a compulsory thing to be a student of ACMA .......
these are my thoughts by meeting and noticing the changes and criteria, so if anyone knows better he or she can explain it more .. all i can suggest is that decision lies in your hand.
Regards,
How are u all .. as far as CA is concern with ACMA .. i can competently say that ACMA is much far superior to CA, this doesn t mean in any sense that i m saying or going against CA .. they are best at their point and ACMA is best at theirs.. you will understand about it on reading the whole parah..
Acma is concerned as a necessity of every firm whether that firm is manufacturing or whether that firm is of servicing sector... basically i am saying that any firm whose motive is to earn profit, it has to acquire a cost accountant.. reason for that is this as you can will have to see what is the effect of cost accountant on business.. cost accountant deals with the exact costing of company .. like wapda has set a rate of suppose 2 rupee per unit.. that means that in this 2 rupee they have covered the four factors; land, labour, capital, entrepreneur. who has set the cost of it .. COST accountant as he know the way out to make more profits and reduce cost.. every company require them in order to set a price ... they are trained to manage all these business stuff.. so in order to make a Sales price , cost accountants are there.. so u can understand that scope of cost accountant .. even to give service u require to set a rate at which ur services are offered....
Along with it, the study criterion is quite difficult in acma than ca, reason for this, i am student of stage 2 of ACMA, we study a subject which has three portion Business Math, stat and Operation Search... the lectures given to us in completing three parts of this subject are just 40 lectures of 1 and half hour each... despite of it CA cover the same syllabus of MAth stat besides Operation search and they take 150 lectures to complete the course .. so who is must intelligent.. who covers the 25% extended course in 40 lectures or the one who covers the same in 150 lectures... second thing .. acma is more concerned with theoratical portion so that we could know abt every portion of business.. ACMA is just like a coach of a company ... who trains or takes the team to win a match and CA are auditors who give trophe to the team after their checking of accounts but ACMA makes the company capable to that stage where CA are to come to audit the firm.....
ACMAs are concerned till the G.P of the P&L account as they are responsible to dec. or inc. cost.... they are trained to generate revenue and know how to tackle up the cost .. u know if a company requires a loan .. the finance depptt has to ask the cost accountant that whether is there any space in per unit cost which can deduct out some portion of payment of interest on loan and if cost accountant allows they take loan as he has full knowledge of costing.. so every firm cannot afford a CA as they are concerned with successful companies but who had made that company successful are cost accountant... its a separate issue how they manage it..
Decision is onto you.. if u can study hard with all your powers then join ACMA as its a compulsory thing to be a student of ACMA .......
these are my thoughts by meeting and noticing the changes and criteria, so if anyone knows better he or she can explain it more .. all i can suggest is that decision lies in your hand.
Regards,
