09-13-2011, 09:32 PM
I think ICAP takes decisions bona-fide in the interest of its members, students or anyone associated with it in any form. Many disasters came to Pakistan but I witnessed ICAP prevailing during the hard-hitting times. All praise goes to ICAP. Even now every member is blissful and proud to be ICAP's member. I also deem that whoever deserves to pass CA exams definitely passes the exam.
Now about ACCA Pakistan's story, why would ACCA take its decisions bona-fide in the interest of Pakistanis? ACCA has always been poor at negotiation of MRA. In Australia, ACCA had presence before CIMA emerged there. ACCA was at better position to negotiate MRA. But always ACCA want to create competition with local bodies rather then working with those local bodies. Now CIMA is well recognized in Australia ,and ACCA is partially recognized. Don't know how ACCA thinks of such dream and make its members believe that such dream will come true?
I would rather blame ACCA then ICAP. Why would ICAP offer more exemptions to ACCA? Why would anyone expect its competitor/rival to help him? Itâs again ACCA's fault. ICAP has better partner to work with. I have been hearing for 5 years that ICAP will fall soon. Those believing or saying such things are living in a fool paradise.
For Countries like Australia and New Zealand more members mean more success because they have deficit of such Skills so such countries give opportunities to foreigners to immigrate and contribute in area of shortage. Increasing number of ACCA's in Pakistan will have dreadful outcome for ACCA's here. That would categorically cause certification to become diluted with many chartered certified holders and most certainly it would answer in shrinking the economical value of credentials in future.
// Pardon me for off topic discussion.
Now about ACCA Pakistan's story, why would ACCA take its decisions bona-fide in the interest of Pakistanis? ACCA has always been poor at negotiation of MRA. In Australia, ACCA had presence before CIMA emerged there. ACCA was at better position to negotiate MRA. But always ACCA want to create competition with local bodies rather then working with those local bodies. Now CIMA is well recognized in Australia ,and ACCA is partially recognized. Don't know how ACCA thinks of such dream and make its members believe that such dream will come true?
I would rather blame ACCA then ICAP. Why would ICAP offer more exemptions to ACCA? Why would anyone expect its competitor/rival to help him? Itâs again ACCA's fault. ICAP has better partner to work with. I have been hearing for 5 years that ICAP will fall soon. Those believing or saying such things are living in a fool paradise.
For Countries like Australia and New Zealand more members mean more success because they have deficit of such Skills so such countries give opportunities to foreigners to immigrate and contribute in area of shortage. Increasing number of ACCA's in Pakistan will have dreadful outcome for ACCA's here. That would categorically cause certification to become diluted with many chartered certified holders and most certainly it would answer in shrinking the economical value of credentials in future.
// Pardon me for off topic discussion.
