FUTURE OF ASSOCIATE CHARTERED ACCOUNTANTS?

[Z.A.AKHUND]

SALAM TO ALL FORUM MEMBERS
I WOULD LIKE TO KNOW ABOUT THE FUTURE OF ASSOCIATE CHARTERED ACCOUNTANTS AND THEIR IN PAK AND FOREIGN AND WHT ARE THE PROCCEDURES AND ELIGIBILITY CRITERIA PLZ REPLY COZ I WANT TO KNOW IT FOR MY BROTHERS PLZ ANS
THANKS
YOURS FREINDLY
ZOHAIB ALI AKHUND

[Pracs]

What do you mean by eligibility ?? the future is bright as ever (under the present cricumstances ie.) Accountants are no wonder in demand world wide, that includes Paksitan as well with the economy opening up and growth in the corporate sector.

[Z.A.AKHUND]

what are their salaries?

[Z.A.AKHUND]

I THINK NO MORE INTELLECTUALS LEFT IN THIS FORUM WHY?
THIS FORUM I THINK IS USELESS EVERY TIME WHEN I SET A TOPIC NO ONE REPLIES WHY? I M LEAVING THIS FORUM I HEARD ABOUT IT LOT MUCH BUT NOW I THINK ALL INTELLECTUALS HAD LEFT THIS FORUM.[(]

[idreesdurrani]

<font color="navy"></font id="navy"><font size="3"></font id="size3"><font face="Verdana">Salam Mr. Akhund

Well....I guess ur question was replied immediately by one of the most senior member of this forum, blessed with some knowledge and it is really surprising that such an immediate response led u to the conclusion that

"I THINK NO MORE INTELLECTUALS LEFT IN THIS FORUM WHY?
THIS FORUM I THINK IS USELESS EVERY TIME WHEN I SET A TOPIC NO ONE REPLIES WHY? I M LEAVING THIS FORUM I HEARD ABOUT IT LOT MUCH BUT NOW I THINK ALL INTELLECTUALS HAD LEFT THIS FORUM."

anyway about salaries it depends whether the Chartered Accountant concerned is working in the Profession (Before u ask about Profession, let me explain that by profession i mean Working in a Chartered Accountancy Firm) or in the industry. Industry salary packages r normally beleived to be more than the packages in the profession...but Fresh qualified Chartered Accountants (with no Post Qualification Experience) r drawing between 45000-50000 p.m in the profession and about 60000p.m in the industry.

if u need any further information, don't hesitate to ask...

_____________________________________________________________________
O Lord! Increase me in knowledge</font id="Verdana">

[Muhammad Adnan Arshad]

visit the following URLs/links & extraxct your desired information about ACAs/FCAs http//www.icap.org.pk/Members/REQ.htm

ICAP MEMBERSHIP REQUIREMENTS/ELIGIBILTY CRITERIA

Those who have completed the prescribed practical training and have passed all the prescribed examinations of the Institute will be eligible for Associate Membership of the Institute. Please ensure the following is taken care of

The application should be in prescribed Form "A"
Please read carefully the Guidelines Regarding Completing Prescribed Application Form "A" for ICAP Membership before completing the application form
Please insert full names (S. No. 1 & 2 of the Form A) as entered in ICAP records as a trainee student/examinee
If training received in more than two firms (S. No. 9 of the Form A), particulars may be mentioned in the blank space of last page
Documents to be attached in original with a photocopy of each (or) photocopy attested by a member of ICAP mentioning full name and his Membership Number
For proof of age please enclose Matriculation/SSC Certificate (NIC or relevant page of passport for applicants who passed O & A levels examinations)
In S. No. 7 give details of your qualifications and enclose original certificates issued by Board / University / Institute
In S. No. 8 give details of result communication letters / examination certificates/ exemption certificate (if applicable)
Give Particulars of Training in (S.No. 9)
Enclose period completion certificate issued by the Principal. Students of recognised accounting bodies may furnish Summary Record of Experience and necessary certificate/documents covering information on completion of prescribed training.


Those who have qualified From Other Recognized Accounting Bodies, click here

Schedule of Fee (At the time of Membership)

Admission Fee 600
Annual Fee
3,900
Life Membership fee of Benevolent Fund Association (optional) 2,650
Members Hand Book
950
Bank Charges (not applicable in case of Inland Draft/pay order)
For out-station cheque (inland)
85
For overseas payment (in case of International Bank Draft)
300

ELIGIBILTY CRITERIA FOR FELLOWSHIP (FCA)

Practice as an Associate for five years; or
Non-Practicing Associate for 10 years.
Payment of admission fee of Rs. 1700; and

Payment of annual fee of fellow or additional fee necessary to increase his fees applicable to a fellow member.