06-21-2011, 10:04 PM
If we compare ACCA and ICAP, then ACCA is far behind than CA.
1. In Pakistan only ACA can audit the financial statements, ACCA is not eligible to audit the financial statements.
2. Mostly ACCA adopt UK based taxation and Corporate and Mercantile laws , this reduces their ability to deal with tax and corporate matters in Pakistan. ACA's are considered expert in dealing tax and corporate matters in Pakistan.
3. ACCAs do not study the Functional English, Quantitative methods and Economics which reduces their scope to deal with these subjects.
4. The very low standard exam passing criteria also allow an ACCA to pass the exam with selected studies. This fact is also known by the employer and which causes a preference to ACA over ACCA.
5. The number of Qualified Chartered Accountants of ICAP is 5078 which is very very low as compared to a huge amount of ACCAs which shows the importance of ACAs.
1. In Pakistan only ACA can audit the financial statements, ACCA is not eligible to audit the financial statements.
2. Mostly ACCA adopt UK based taxation and Corporate and Mercantile laws , this reduces their ability to deal with tax and corporate matters in Pakistan. ACA's are considered expert in dealing tax and corporate matters in Pakistan.
3. ACCAs do not study the Functional English, Quantitative methods and Economics which reduces their scope to deal with these subjects.
4. The very low standard exam passing criteria also allow an ACCA to pass the exam with selected studies. This fact is also known by the employer and which causes a preference to ACA over ACCA.
5. The number of Qualified Chartered Accountants of ICAP is 5078 which is very very low as compared to a huge amount of ACCAs which shows the importance of ACAs.