01-01-2005, 12:03 AM
<BLOCKQUOTE id=quote><font size=1 face="Verdana, Tahoma, Arial" id=quote>quote<hr height=1 noshade id=quote>
in response to the above posts
there is a high demand for QUALIFIED/SKILLED/EXPERIENCED ACCOUNTANTS in UK. A person who has got any CCAB qualification with few years experience and who KNOWS what he does can EASILY get a job in UK.
my friends when we talk about the market of PROFESSIONAL qualifications we dont compare them rather we compare their OUTPUT in the market. we analyse the "+s" and "-s" of the members of those bodies.
there is NO doubt that ACCA and CA-EW are considered at par in this country but at the same time there is no doubt that CA-EW is considered prestigious. it is very much like ISLAM where it says MEN and WOMEN are equal but when we talk about Islamic Inheritance Law we fail to understand this equality. When we look at the picture in totality we realise that IN TOTALITY men and women are equal which means in some places MEN have an edge over WOMEN and in some places women are considered superior. we CANNOT deduce conclusions without looking at the WHOLE picture.
CA-EW is an old ESTABLISHED institute which follows a more TRADITIONAL approach. ACCA is more dynamic and fast moving. we cant say that one qualification is superior to another just because WE hold that qualification......believe me i m not trying prove ACCAs equality just because i m an ACCA..........this is the TRUTH.
ICAEW/CIMA and CIPFA's proposed merger explains the story of what is happening inside these institutes. ACCA is growing and growing like anything. if u happen to look at the market survey reports on the links my friend posted earlier in this thread you would notice an increase in ACCAs rate and a decline in CA's market rate. what does that mean???
definitely it doesn't mean that ACCA is superior to CA-EW instead it means the MARKET trend is shifting towards ACCA because of its OUTPUT in the market.
kind regards
"You don't get to choose how you're going to die. Or when. You can only decide how you're going to live. Now."
<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Tahoma, Arial" size=2 id=quote>
Khan Sahb thanks for clearing the views abt these qualifcations and
Per Accountancy Age
<BLOCKQUOTE id=quote><font size=1 face="Verdana, Tahoma, Arial" id=quote>quote<hr height=1 noshade id=quote>The ICAEW, CIPFA and CIMA have held discussions about a possible merger of the three institutes, in a move that could create the UK's largest accountancy body.
All three institutes confirmed this week that they had been involved in 'exploratory' consolidation talks, although there is so far no indication of a proposal to put before members.
A merger between the three institutes would create a body of 200,000 members in more than 100 countries, putting it in a much better position to compete internationally with the ACCA. Neither the ACCA nor ICAS have been involved in discussions.
CIPFA chief executive Steve Freer said this week that the institutes had been reviewing their strategies in light of recent changes in the profession, and that consolidation discussions had 'inevitably' taken place.
'It is too early to say if this will lead to consolidation within the profession. That certainly is a possibility, and clearly it might make sense from a public interest perspective. But we know from past experience that these things take time to put together and the devil is always in the detail,' he said.
The ICAEW also confirmed that talks were under way. 'Consolidation could be an accelerator to achieving key goals, but it is not an end in itself, nor is it the only route available. The ICAEW's own development programme is progressing in parallel with these talks,' a statement read.
Charles Tilley, CIMA's chief executive, said 'Consolidation would be an excellent thing as long as it enhances the strengths of the three bodies.'
If a merger were to go ahead, it would mark the next step in the overhaul of the accountancy profession, after the transformation of the regulatory framework under the reformed Financial Reporting Council.
It also marks the formation of a consensus that a more unified training market is in the public interest.
ACCA president John Brace reacted by calling the talks a 'back-door' merger driven by difficulties the institutes face in recruiting new students.
'It is a reaction to the massively higher growth rate of ACCA, which has doubled in size since 1996 and now has 320,000 members and students around the world,' said Brace. <hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Tahoma, Arial" size=2 id=quote>
For information the following pdf files are of the correspondence sent to CIPFA members and students regarding the merger talks.
http//www.accountancystudents.co.uk/files/cipfa/CIPFA_Merger.pdf
http//www.accountancystudents.co.uk/files/cipfa/CIPFA_Merger_Press_Statement.pdf
I hope they will help u explainm a bit abt merger......
«·´`·.(*·.¸(`·.¸ ¸.·´)¸.·*).·´`·»
«.......... S w a l a t ..........»
«·´`·.(¸.·*(¸.·´ `·.¸)*·.¸).·´`·»
Edited by - swalat on Dec 31 2004 70950 PM
in response to the above posts
there is a high demand for QUALIFIED/SKILLED/EXPERIENCED ACCOUNTANTS in UK. A person who has got any CCAB qualification with few years experience and who KNOWS what he does can EASILY get a job in UK.
my friends when we talk about the market of PROFESSIONAL qualifications we dont compare them rather we compare their OUTPUT in the market. we analyse the "+s" and "-s" of the members of those bodies.
there is NO doubt that ACCA and CA-EW are considered at par in this country but at the same time there is no doubt that CA-EW is considered prestigious. it is very much like ISLAM where it says MEN and WOMEN are equal but when we talk about Islamic Inheritance Law we fail to understand this equality. When we look at the picture in totality we realise that IN TOTALITY men and women are equal which means in some places MEN have an edge over WOMEN and in some places women are considered superior. we CANNOT deduce conclusions without looking at the WHOLE picture.
CA-EW is an old ESTABLISHED institute which follows a more TRADITIONAL approach. ACCA is more dynamic and fast moving. we cant say that one qualification is superior to another just because WE hold that qualification......believe me i m not trying prove ACCAs equality just because i m an ACCA..........this is the TRUTH.
ICAEW/CIMA and CIPFA's proposed merger explains the story of what is happening inside these institutes. ACCA is growing and growing like anything. if u happen to look at the market survey reports on the links my friend posted earlier in this thread you would notice an increase in ACCAs rate and a decline in CA's market rate. what does that mean???
definitely it doesn't mean that ACCA is superior to CA-EW instead it means the MARKET trend is shifting towards ACCA because of its OUTPUT in the market.
kind regards
"You don't get to choose how you're going to die. Or when. You can only decide how you're going to live. Now."
<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Tahoma, Arial" size=2 id=quote>
Khan Sahb thanks for clearing the views abt these qualifcations and
Per Accountancy Age
<BLOCKQUOTE id=quote><font size=1 face="Verdana, Tahoma, Arial" id=quote>quote<hr height=1 noshade id=quote>The ICAEW, CIPFA and CIMA have held discussions about a possible merger of the three institutes, in a move that could create the UK's largest accountancy body.
All three institutes confirmed this week that they had been involved in 'exploratory' consolidation talks, although there is so far no indication of a proposal to put before members.
A merger between the three institutes would create a body of 200,000 members in more than 100 countries, putting it in a much better position to compete internationally with the ACCA. Neither the ACCA nor ICAS have been involved in discussions.
CIPFA chief executive Steve Freer said this week that the institutes had been reviewing their strategies in light of recent changes in the profession, and that consolidation discussions had 'inevitably' taken place.
'It is too early to say if this will lead to consolidation within the profession. That certainly is a possibility, and clearly it might make sense from a public interest perspective. But we know from past experience that these things take time to put together and the devil is always in the detail,' he said.
The ICAEW also confirmed that talks were under way. 'Consolidation could be an accelerator to achieving key goals, but it is not an end in itself, nor is it the only route available. The ICAEW's own development programme is progressing in parallel with these talks,' a statement read.
Charles Tilley, CIMA's chief executive, said 'Consolidation would be an excellent thing as long as it enhances the strengths of the three bodies.'
If a merger were to go ahead, it would mark the next step in the overhaul of the accountancy profession, after the transformation of the regulatory framework under the reformed Financial Reporting Council.
It also marks the formation of a consensus that a more unified training market is in the public interest.
ACCA president John Brace reacted by calling the talks a 'back-door' merger driven by difficulties the institutes face in recruiting new students.
'It is a reaction to the massively higher growth rate of ACCA, which has doubled in size since 1996 and now has 320,000 members and students around the world,' said Brace. <hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Tahoma, Arial" size=2 id=quote>
For information the following pdf files are of the correspondence sent to CIPFA members and students regarding the merger talks.
http//www.accountancystudents.co.uk/files/cipfa/CIPFA_Merger.pdf
http//www.accountancystudents.co.uk/files/cipfa/CIPFA_Merger_Press_Statement.pdf
I hope they will help u explainm a bit abt merger......
«·´`·.(*·.¸(`·.¸ ¸.·´)¸.·*).·´`·»
«.......... S w a l a t ..........»
«·´`·.(¸.·*(¸.·´ `·.¸)*·.¸).·´`·»
Edited by - swalat on Dec 31 2004 70950 PM
