what is the age

[Muhammad Amir]

With all other reasons these are the policies of old FCAs who do not wish to change ICAP rules and i still do not think that ICAP has well diversified course structure to cope with the needs of ever changing professional environment, like recently much increasing focus of IFAC on 'ethics in work environment' and other professional development issues has led accountancy bodies to included Ethics in their curriculum and ICAEW was the first body which has taken initiative to include Ethics in their curriculum and now ACCA has also taken steps towards these matters while unfortunately ICAP is still having their old curriculum and no change is expected, beside Accountancy and Audit there are lot of other issues which must be taken in to accout in order to cope with ever changing environment similarly ICAP is also focusing lot on IT and infact in three out of six modules they are teaching their students IT which value nothing in the life of professional Accountants(I am not fully rebuting this subject but 3 papers of IT and similarly 3 papers of law making things absurd)...

I hope this cleares my point of view regarding ICAP policies...

Regards,

Muhammad Amir

[Schuaeb]

I think the old story begins...

Yaar I am a student of ICAP for quite some years (more than five years). Still I think I am not able to pass such absolute remarks about the institutes curriculum policies. The people sitting there perhaps know more than me and this is one of the reasons that ICAP is one of the most organized institutes in Pakistan.

CA is tough to qualify, that is beyond any doubt. And I beleive that its not possible for every one. I said in my last post a professional approach is required to qualify CA, and this is what that makes it different from ACCA and other qualifications which are considered comparatively easier. This is perhaps what which has made CA more worthy.

There are some things (though not very much) which are there in ACCA but not covered in ICAP's curriculum. Similarly there are a whole lot of things which are covered in ICAP's curriculum but ACCA is no where near.

One example I will quote, ACCA since its outset is being taught by CAs in Pakistan, at various places part qualified persons. Quite a number of students have managed to pass. But rarely we see ACCAs as teachers for chartered accountancy students. Reason being quite simple one can't teach a more complex subject.

Some correction required, and I will request you to don't give statement without any knowledge. IT is being taught at only one level that is D12 i.e. Introduction to Information and Technology. A similar subject is there in module E that is IT and Audit Control. That is not mere IT, infact the application of IT in an auditors perspective. Had you studies that you could analyze things better.

I think at such an early level like yours its not adviseble to assess or to dictate professional institutes about their curricula. If ICAEW has incorporated ethics in their syllabus it never means the same should be done by ICAP. Circumstances are different here and so are the requirements.

Now for your kind knowledge ICAP's curricula keep on changing with time, and that I have witnessed in past five years.

When you will grow up and will come across with various chartered accountants and ACCAs too and will be able to distinguish between them, at that time you may value the ICAP policies that ordinary students are polished into such professionals. I have quite a number of ACCAs and CA inters and finalists as my collegues. What we are doing here is practical application of our knowledge. To be very honest I have always found CA Inter much more competent and have more knowledge. In our firm we always compare ACCAs with CA Inters, and you should also know that no sort of comparasion exit between CAs and ACCAs. This is why that in market (in large organization) an ACCA is always working as a CA's subordinate.

Your theory but old FCAs at the institute is quite childish, so I think I need not to discuss anything about that.