02-22-2010, 01:46 AM
I am a student of CA, done with the article ship and many of my friends are ACCAs. As this discussion has gone too long, I thought to conclude it at last by listing properties of both. I am giving this without any bias and disregarding of the fact that I am a CA student. Any of you can agree/disagree or add to this list
CA
1. Tougher when the exams and specially studying along with article ship/job is concerned. Plus the concept of bad referral (i.e. you have to perform equally well in all the attempted papers, you will not pass any paper if u get less than 40 in a paper)
2. The proof of toughness of CA is the fact that many students get stuck in CA but the same students do ACCA easily
3. Better recognition in Pakistan, as only CAs can conduct statutory audits in Pakistan.
4. Its human nature that more tough time he gets, more competent and hardworking he becomes so CAs tend to be more competent. Plus students more determined to their career go for CA because of all the difficulties, so the âGarbage In Garbage Outâ (GIGO) effect.
ACCA
1. Internationally recognized degree
2. Better study material and paper set up than CA. They do not design papers to confuse the student as compared to ICAP where data is really scrambled. Data is properly arranged in predictable pattern.
3. Because of the same old complex oriented kind of thinking we always praise a foreign degree more than a local one, disregarding how better is our own.
4. Better chances of getting the degree as compared to CA.
Conclusion Though ACCA has its own advantages but overall when you consider the above stated properties, CAs are well deserved to be at a better position than ACCA.
CA
1. Tougher when the exams and specially studying along with article ship/job is concerned. Plus the concept of bad referral (i.e. you have to perform equally well in all the attempted papers, you will not pass any paper if u get less than 40 in a paper)
2. The proof of toughness of CA is the fact that many students get stuck in CA but the same students do ACCA easily
3. Better recognition in Pakistan, as only CAs can conduct statutory audits in Pakistan.
4. Its human nature that more tough time he gets, more competent and hardworking he becomes so CAs tend to be more competent. Plus students more determined to their career go for CA because of all the difficulties, so the âGarbage In Garbage Outâ (GIGO) effect.
ACCA
1. Internationally recognized degree
2. Better study material and paper set up than CA. They do not design papers to confuse the student as compared to ICAP where data is really scrambled. Data is properly arranged in predictable pattern.
3. Because of the same old complex oriented kind of thinking we always praise a foreign degree more than a local one, disregarding how better is our own.
4. Better chances of getting the degree as compared to CA.
Conclusion Though ACCA has its own advantages but overall when you consider the above stated properties, CAs are well deserved to be at a better position than ACCA.