Pracs I don't think that things have been figured out.
Maani I never said suggesting accountancy to everyone. And, I agree case here is "what others are is doing is what we should do". I too don't like this at all. The reason for this sort of attitude here is may be we don't have a lot of options in Pakistan, and even people are not aware of the limited options.
So this was not we were talking about. The question remains there. Is it a good suggestion for someone who is willing to do CA to come through ACCA route?
I don't know how student's apptitude, caliber, mathematical skills(i think so),and commitement.. can determine that weather he should start CA directly or come through ACCA.
I beleived that starting CA through ACCA should be a rule of thumb, the question remains there, and I did not find anything in Maani's post leading to any sort of conclusion.
I dont think there can be a straight one answer for every one, a lot depends on if you can afford to go for ACCA (fee and time), and what level are you at class 12/Graduate/Post Graduate. Plus the exemptions that ICAP has given out to ACCA are not carved in stone and there can be revocations, so any one considering that option has to take in account the risk that they are under taking.
And yes, just following on to what every one else is doing is just not the right decision, we have had trands in Pakistan.,. about B.com, MBA, Software Engineering/IT and now CA/ACCA. The good news is that there are now a lot of opportunities in Pakistan and a lot of other professions that are coming up which ofcourse not every one knows about.
This attitude about going to the profession that pays the highest is quite defeating in itself, because each person has his/her own apptitude and should take up profession that are more akin to their skills and apptitude. All professions have people on the top ! That is why various professional qualifications have apptitude test,. but we do in Pakistan (infact Sout Asia as a whole) is defeat the system by 'training and learning' for these apptitude tests.
Atleast I wud say 1 thing,HSSC passed students and especially I.COMers shud not go for ACCA route to CA...and I am talking in a general sense,exceptional cases are there...ACCA study is more systematic in nature and I think requires more mature mind as compared to our HSSC passed students, as our HSSC is based on a desi syllabus and exam style,leading to vague understanding of very basic concepts...
Infact if you suggest an A level student to joing ACCA route will be a fair advice for him, coz their study scheme is such that they are much more mature ones as compared to our HSSC...I will suggest you to see the syllabus of A Level Accounting, and you will find that 2.5 of ACCA is almost covered...their mathematical skills are also much better...
And Schuaeb you will find that your mathematical skills will help you a lot in Financial Accounting and Cost Accounting, especially in case of Cost Accounting...
Pracs, found nothing in your post. (I am sure you wonât take this statement personal). What we were discussing is something altogether different. And, I agree that every discussion may not lead to some conclusion. I found this issue a bit important (just my own view) and there was or is much difference in our opinions in this issue.
Affording ACCA was not the issue, and there are a lot who can. Infact, a large amount of people are there in Pakistan who are spending more on academics than they can afford, perhaps it has become a must here. Also you should not forget CA also requires 100 to 150 thousand Rs plus more important 6+ valuable years of your life. So, in this case money should not be the core decisive factor.
Every thing is subject to change, and this is also applicable to ICAPâs exemptions. But it seems quite probable that ICAP will continue its policies. So, I think one could base his decision assuming these exemptions will remain there.
Following what others are doing is what I mentioned earlier. In Pakistan the case is like this. Examples you mentioned are there. You should have mentioned the LOT OF OPPURTUNITIES available. And, I have no idea at all how one's profession is based upon ones aptitude in Pakistan. And, Parcs, you must know that all the aptitude test in Pakistan, whether for accountany or any other profession are more or less same here.
Now both Maani and Parcs tell me
Is different aptitude is required for choosing ACCA or CA?
Do you think study pattern in HSSC resembles to what is required in CA?
And Maani A level accounting covers much of CA also. ACCA is systematic in nature and requires a mature mind, why are you comparing it with HSSC when in the current situation it is to be compared with CA.
So, the question remains there and unable to find any argument in your post. ACCA, definitely, is a bit more costly, ACCA syllabus is considered more comprehensive, and in this situation ACCA is to be compared with CA Inter not CA.
Despite all this the decision is mainly should base upon which one of the two ACCA and CA Inter is more difficult to pass. (Comprehensive course matters much less) and if your answer is ACCA is reasonably easier than CA Inter I found reason for not suggesting anyone to come through ACCA route. I donât like to repeat arguments given in previous posts.
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Shahbaz</i>
<br />Shahbaz yawns ...... /
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frind i also a student of engineering from comsats university,as i think engineers are not made for buisness,and we should just concentrate on our field,that is must better then mba..........