01-13-2009, 05:33 AM
Dear Rabia-K
Do not worry about these people as there are expert in changing their statements, infact they either do not know anything about accountancy profession or are just hypocrites. You need to talk to them in their language.
In post number 21 on page 2 of this thread Kamran said <font color="red">There may be certain partners in recognised firms having other than CA qualification including ACCA or CPA and they may be doing very well because doing well depends upon so many factors. Still, the point raised is valid that the profession has always been in the hands of CAs if we talk about the quality of the clientle portfolio. </font id="red">
But when he was told that in many countries of the world accountants are known as CPA he changed his statement and said in his last post, <font color="red">They are also CPAs in other countries. Such renowned firms mainly represent CA or CPA bodies at the originating place of such firms</font id="red">.
If CPA is the main body of some countries then how CAs are running main firms.
I therefore leave it to Kamran to decide if he is hypocrite or do not know anything about worlds accountancy profession. This is the reason I say ICAP is third class institute producing third class accountants who are not even full accountants if are judged at international level.
Kamran has admitted that there is difference between ACCA UK qualified and ACCA Pakistan qualified. He has also been saying that ICAP people teach and train ACCA students in Pakistan. If UK qualified ACCA are better than Pakistani Qualified ACCA, then it would be means ICAP people are not competent enough to teach and train students properly. It would in turns mean ICAP people are incompetent and third class accountant.
Furthermore, If we accept the argument that UK qualified are better than Pakistani ACCA qualified then it would mean ICAP people think only those people are well qualified who studied in UK. After sometimes they will start saying ICAEW UK qualified and ICAEW Pakistani qualified, its mean ICAP people are still mentally slaves and they do not care about standard of examinations they just care about place, means if from UK someone do third class course from third class university they will be afraid of the person and will not give any weight to Pakistani intelligent students who did good qualification while sitting in Pakistan. Everyone can see the mentality of ICAP people.
I want to say is loud that there is no difference between ACCA UK qualified and ACCA Pakistan qualified both are equal. ACCA UK qualified is not better than Pakistani ACCA qualified nor Pakistani ACCA qualified is better than UK ACCA qualified. The reason of this both take and pass some examinations.
Kamran also commented and said <font color="red">I don't support the statement that ACCAs are engaged in audits of beauty saloons, still, it may not be as weird as it is being taken. I, however, feel that there are so many beauty saloons whose earning may be better than normal private limited companies. May we have some such saloons incorporated as private limited companies, although I am not confirmed?</font id="red">
If he is not comfirmed about anything or never been out of Pakistan then he should not commented on it in first place. I have mentioned it before and I am mentioning it again for ICAP people ( as ICAP are so dump and donât understand anything in first hand one has to keep on explaining them again and again) that ACCA is allowed to carry out audit of public limited companies (plcs) in 80 countries of the world. For ICAP people information plcs are those companies whose shares can be bought and sold in stock exchange (its very simple definition of plc as I tried to keep it simple so that ICAP people understand). May be ICAP people are only doing audit of private companies that is why he mentioned private companies. Anyway ICAP only 13 members are working in practice outside Pakistan, remember these people are not working outside Pakistan because they are ICAP member they are working abroad as they are member of other International accountancy bodies (such as ACCA). Means ICAP put their pictures on someone else passport.
ICAP people are continuously saying legal status means audit. From these kinds of statements one can conclude that ICAP can only do audit and nothing else, but ACCA is much more than audit.
ICAP people are continuously saying CA firms outside Pakistan are ruling and having majority of ACA partners. If we accept this statement still ICAP has nothing to do with it as ICAP is not recognized outside Pakistan (remember ICAP only 13 members work abroad in practice). Other ACA do not recognize ICAP but they do recognize ACCA. Once again ICAP is not contributing in international community of ACAs and international ACAs does recognize ICAP. Conclusion even if ACAs are ruling top firms, then there is nothing which makes ICAP proud as there is no place for ICAP people there.
He keeping on saying client portfolio, at least ICAP should feel shame in making this point whose only 13 members works outside Pakistan in practice.
His comments of some one father diplomat are totally rubbish and does not need any reply. Make some valid point man. I have already said whenever ICAP people see they are losing their grip they start using word patriotism. Everyone can see game here.
Schuaeb made some comments which need reply. He said <font color="red">it is almost impossible for any fresh ACCA to have any respectable position in Pakistan.</font id="red"> I personally know a person who qualified from Kaplan London and worked almost one yr in London. Means he was ACCA affliciate (not member) with one yr experience and he got job in State bank of Pakistan in Karachi with 80,000 plus car. In another thread Kamran ICAP member (newly qualified) get about 80,000 to 100,000 with car. ICAP member means person who passed all of ICAP papers plus 5 yrs of experience ( ICAP just reduced training period). So one can decide who is better.
Schaeb also said <font color="red">One of the reasons for this is that there is no compulsion for anything like articleship in ACCA.</font id="red"> Firstly word articleship does no exist anywhere in the world. Only ICAP people are using it, may be ICAP is still living in 18th century, who knows. Every international body including ICAEW (ICAP yardstick) and ACCA use word training and if someone say ACCA does not require training for it students, I can just pray for person so that GOD increase his knowledge. Its again shows ICAP people do not know what is going on in worlds accountancy profession.
I agree with the comments that ACCA can never been considered full qualification amongst ICAP jahils.
I do not know what kind of professional ICAP people are who do not know what is going on in worlds accountancy profession. Anyway ICAEW (ICAP yardstick) proven ICAP is third class institute and ICAP admitted by signing MOU of this kind.
So no need to worry about these hypocrites who are also jahils.
Khalid
Do not worry about these people as there are expert in changing their statements, infact they either do not know anything about accountancy profession or are just hypocrites. You need to talk to them in their language.
In post number 21 on page 2 of this thread Kamran said <font color="red">There may be certain partners in recognised firms having other than CA qualification including ACCA or CPA and they may be doing very well because doing well depends upon so many factors. Still, the point raised is valid that the profession has always been in the hands of CAs if we talk about the quality of the clientle portfolio. </font id="red">
But when he was told that in many countries of the world accountants are known as CPA he changed his statement and said in his last post, <font color="red">They are also CPAs in other countries. Such renowned firms mainly represent CA or CPA bodies at the originating place of such firms</font id="red">.
If CPA is the main body of some countries then how CAs are running main firms.
I therefore leave it to Kamran to decide if he is hypocrite or do not know anything about worlds accountancy profession. This is the reason I say ICAP is third class institute producing third class accountants who are not even full accountants if are judged at international level.
Kamran has admitted that there is difference between ACCA UK qualified and ACCA Pakistan qualified. He has also been saying that ICAP people teach and train ACCA students in Pakistan. If UK qualified ACCA are better than Pakistani Qualified ACCA, then it would be means ICAP people are not competent enough to teach and train students properly. It would in turns mean ICAP people are incompetent and third class accountant.
Furthermore, If we accept the argument that UK qualified are better than Pakistani ACCA qualified then it would mean ICAP people think only those people are well qualified who studied in UK. After sometimes they will start saying ICAEW UK qualified and ICAEW Pakistani qualified, its mean ICAP people are still mentally slaves and they do not care about standard of examinations they just care about place, means if from UK someone do third class course from third class university they will be afraid of the person and will not give any weight to Pakistani intelligent students who did good qualification while sitting in Pakistan. Everyone can see the mentality of ICAP people.
I want to say is loud that there is no difference between ACCA UK qualified and ACCA Pakistan qualified both are equal. ACCA UK qualified is not better than Pakistani ACCA qualified nor Pakistani ACCA qualified is better than UK ACCA qualified. The reason of this both take and pass some examinations.
Kamran also commented and said <font color="red">I don't support the statement that ACCAs are engaged in audits of beauty saloons, still, it may not be as weird as it is being taken. I, however, feel that there are so many beauty saloons whose earning may be better than normal private limited companies. May we have some such saloons incorporated as private limited companies, although I am not confirmed?</font id="red">
If he is not comfirmed about anything or never been out of Pakistan then he should not commented on it in first place. I have mentioned it before and I am mentioning it again for ICAP people ( as ICAP are so dump and donât understand anything in first hand one has to keep on explaining them again and again) that ACCA is allowed to carry out audit of public limited companies (plcs) in 80 countries of the world. For ICAP people information plcs are those companies whose shares can be bought and sold in stock exchange (its very simple definition of plc as I tried to keep it simple so that ICAP people understand). May be ICAP people are only doing audit of private companies that is why he mentioned private companies. Anyway ICAP only 13 members are working in practice outside Pakistan, remember these people are not working outside Pakistan because they are ICAP member they are working abroad as they are member of other International accountancy bodies (such as ACCA). Means ICAP put their pictures on someone else passport.
ICAP people are continuously saying legal status means audit. From these kinds of statements one can conclude that ICAP can only do audit and nothing else, but ACCA is much more than audit.
ICAP people are continuously saying CA firms outside Pakistan are ruling and having majority of ACA partners. If we accept this statement still ICAP has nothing to do with it as ICAP is not recognized outside Pakistan (remember ICAP only 13 members work abroad in practice). Other ACA do not recognize ICAP but they do recognize ACCA. Once again ICAP is not contributing in international community of ACAs and international ACAs does recognize ICAP. Conclusion even if ACAs are ruling top firms, then there is nothing which makes ICAP proud as there is no place for ICAP people there.
He keeping on saying client portfolio, at least ICAP should feel shame in making this point whose only 13 members works outside Pakistan in practice.
His comments of some one father diplomat are totally rubbish and does not need any reply. Make some valid point man. I have already said whenever ICAP people see they are losing their grip they start using word patriotism. Everyone can see game here.
Schuaeb made some comments which need reply. He said <font color="red">it is almost impossible for any fresh ACCA to have any respectable position in Pakistan.</font id="red"> I personally know a person who qualified from Kaplan London and worked almost one yr in London. Means he was ACCA affliciate (not member) with one yr experience and he got job in State bank of Pakistan in Karachi with 80,000 plus car. In another thread Kamran ICAP member (newly qualified) get about 80,000 to 100,000 with car. ICAP member means person who passed all of ICAP papers plus 5 yrs of experience ( ICAP just reduced training period). So one can decide who is better.
Schaeb also said <font color="red">One of the reasons for this is that there is no compulsion for anything like articleship in ACCA.</font id="red"> Firstly word articleship does no exist anywhere in the world. Only ICAP people are using it, may be ICAP is still living in 18th century, who knows. Every international body including ICAEW (ICAP yardstick) and ACCA use word training and if someone say ACCA does not require training for it students, I can just pray for person so that GOD increase his knowledge. Its again shows ICAP people do not know what is going on in worlds accountancy profession.
I agree with the comments that ACCA can never been considered full qualification amongst ICAP jahils.
I do not know what kind of professional ICAP people are who do not know what is going on in worlds accountancy profession. Anyway ICAEW (ICAP yardstick) proven ICAP is third class institute and ICAP admitted by signing MOU of this kind.
So no need to worry about these hypocrites who are also jahils.
Khalid
