ACCA vs CA

[Azeem Shah Khan]

Dear all (specially Nascar)

now u r talking, u have made me clueless, i dont know what else i can say to prove my points....u have made my job even more easier after writing superb pieces of self-contradictory paragraphs which depicts nothing but pure SUPERIORITY COMPLEX. plz dont take it personal, most CAs have it....so nothing to worry about.

let me start again with my very first point that one CANNOT compare prof qulifications. after refering to ur response i would conclude that U dont even recognise the diff b/w a prof qualification and Uni degrees (MBAs), let me quote urself for a second

"EVERY BODY compares professional qualifications even same qualifications from different institutions"

above is not possible in any prof CHARTERED accountancy body.

it is not the qualification but its output (qualified members) that can be compared, there is a BIG diff b/w the two. Two qualified CAs can have diff levels of intellect (if they have any - just kidding).

i would recommend u not to talk about UK scenerio(i m working in a firm of accountants and two qualified CAs and one finalist work under me) i can assure u thats not the case in UK, infact to some extent employers prefer to have ACCA trainees than CA trainees mainly because ACCA trainees can spend more time in office during their courses (well thats not very relevant with our discussion - we can talk about it somewhere else).

passing rate CAN be a judge of examination difficulty ONLY when the examination systems are same, there is NO comparison between ACCA and ICAP examination systems when one system allows paper by paper pass and the other on part basis. thats the reason ACCA is comparabily easy to pass.

i have never comeacross a single valid rational reason for not PUBLISHING the exact marks. if u (being mature) have discovered the justification of it then plz let me know as well.

once again u are behaving like a child, my friend our discussion is about ACCA vs CA, which are similar in context, u cant just bring in CFA for the sake of justifying ur point, CFA is completely diff (a news to u ....isn't it?) and whatever their examination bodies do are irrelevant in our discussion.

regarding ur second paprgraph about Finance Ministers, i have nothing to say except that it clearly dipicts ur complex. i have no complains, i m sitting in the market and competing very well with all other professionally qualified accountants, and i will do the same when i will comeback to pakiland (make sure u dont face me), i m sure there would be many ACCAs who can prove their presence in any company if they are allowed to get into the company by terrified CA employers who are worried about their own positions and dont have the courage to compete with ACCAs on equal grounds, perhaps that is one of the main reasons they dont wanna let ACCAs in the company. i m not complaining....am I? isn't it true? if u think u r better then why dont u take ACCAs inn and compete with them.

now ur so called comparison b/w ACCA - CMA & CA. i know many CMAs who are doing ACCA and CA to add finance/audit and tax areas under their belts. its true that CAs dont normally go for anyother prof qualification which once again prove their self-believed arrogance that they dont need to learn anything else. i feel sad for such people who deliberately put a FULL STOP on their development side.

the salary issue as per the latest survey conducted by HAYS Personel Agency in UK

- CMAs are the highest earners (mainly because they work in industry)
since we are discussing ACCA vs CA i will stick to the salary comparisons b/w the two.

yes CAs are paid HIGHER, want to know WHY? only and only because when they qualify they have got 4 years articles exp to speak for higher package, unfortunately fresh ACCAs dont have this luxury. if u talk about the Trainee Stipends/Salaries, let me surprise u again, most often ACCA trainees are paid higher mainly because of their availibilty in the office.

i dont want to comment upon pak salary comparisons since they are biased and are not a true reflection of ACCA grads abilities.
in UK there is no such prejudice.

to make u please YES ICAEW is more prestigious mainly because it is an old establihed body.

if thats the way all CAs think, then i, being an ACCA would never want to become like a CA. secondlly this is what u think that ACCAs dream of CAs, u r so funny .........i can only laugh on that, see who is talking about self esteem, this can be voted as the joke of the century.

i think the above is enough for u to digest today.

let me apologise if u took anything personally, remember we all belong to the same family of accountants and we should respect eachother. ur experiences could be right but it all depends upon the people u sit with, ur ACCA colleagues/fellow students/friends could have made u think like that but it doesn't mean that all fingers are equal though belong to the same hand. (now dont quote these lines for comparing qualifications - i m talking about INDIVIDUALS)

i thank you for appreciating my words of wisdom

"talking high can never make u superior unless u prove it"

perhaps u must also try to understand it.

Kind Regards

Azeem Shah Khan