11-27-2007, 04:39 PM
Dears,
What heavenspk has said is more than sufficient clarification and is very well answer in fact.
However, I just want to add that now accountancy / finance profession has advanced too much. People make professional collaborations and put in collective knowledge, experience and relationships to run the profession (as far as profession is concerned). You would find so many professionals in CA firms (all the big ones) who are CAs, CFAs, Lawyers, ACCAs, CIMAs/ACMAs, I.T. experts, programmers, and so on. I agree that CA firms are focussed primarily on CAs but one can find other high caliber professional in such firm as well. The major reason is that the profession has been too much enlarged and expanded.
However, in jobs, the responsibilities are typically very specific and have determined objectivity. In my view, for jobs, CAs and CFAs do not much affect each other becoz they have primarily different roles although so many CAs could be found involved in capital marekts and portfolio managment etc. Still both CA and CFA professionals are not in abundance, therefore, no problem actually arises.
Every thing eventually rests with experience and practical knowledge backed with some renowned professional qualification like CA or CFA.
I do regard CFA as one of the best qualification having its unique features. However, as I already say nothing is going to affect CA profession even a bit.
Best regards,
Kamran.
What heavenspk has said is more than sufficient clarification and is very well answer in fact.
However, I just want to add that now accountancy / finance profession has advanced too much. People make professional collaborations and put in collective knowledge, experience and relationships to run the profession (as far as profession is concerned). You would find so many professionals in CA firms (all the big ones) who are CAs, CFAs, Lawyers, ACCAs, CIMAs/ACMAs, I.T. experts, programmers, and so on. I agree that CA firms are focussed primarily on CAs but one can find other high caliber professional in such firm as well. The major reason is that the profession has been too much enlarged and expanded.
However, in jobs, the responsibilities are typically very specific and have determined objectivity. In my view, for jobs, CAs and CFAs do not much affect each other becoz they have primarily different roles although so many CAs could be found involved in capital marekts and portfolio managment etc. Still both CA and CFA professionals are not in abundance, therefore, no problem actually arises.
Every thing eventually rests with experience and practical knowledge backed with some renowned professional qualification like CA or CFA.
I do regard CFA as one of the best qualification having its unique features. However, as I already say nothing is going to affect CA profession even a bit.
Best regards,
Kamran.
