03-01-2008, 08:45 PM
Dear Mr. Kamran ACA
Thank you very much for your time and efforts which you put in your mail. Its good to see that ICAP has started thinking for the students'der ayed durst ayed'. As far as statistics and council members, elections etc are concerned leave it for the time being, I know many council members (present and ex) and partners of large firms (again present and retired). The point which is under debate or discussion is ACA and ACCA qualification and standard of students/professionals.
I think we all are trying to establish same opinion in different ways i.e It does not matter a person is ACA or ACCA, it is his work, skill, competence and knowledge which plays key role in his recognition. Similiarly it does not matter how many qualifications you have because if there is a tax issue you are most likely to run to Shabbar Zaidi and if you are a student to Khalid Petiwala. For audit issues Ibrahim Sidat and if you are a student then Javid Hanif Zuberi or Naveed Bukhari (when I say you it does not mean Kamran ACA). These guys dont have a long list of qualifications but expertiese in relevent field.
As you mentioned that people have fantasy to get successful overnightly and for this they opt ACCA after failing or being unsuccessful in ACA qualification.I can assure you they will not be successful in ACA if they have plan to go for ACCA and get exemptions from foundation (or whatever stage) and then go for ACA.
According to my personal observation in Pakistan person learn more practically rather than text books because of different learning and working standards. As he has to work in the market, so the working standard is more relevant to him.
Why do you think ICAEW is coming to Pakistan?
What interest do they have in Pakistan?
Do you think ICAP can start a program in UK?
My dear, the answer is globalisation. As you mentioned that you are not thinking in international scenario but only Pakistani market, it astonishes me. You are a responsible member of a professional body with intention to become member of other professional bodies (both of them are international).
The last two papers which you are likely to take in ICAEW exams does not have full practical implication in Pakistan, on the other hand CFA which specialises in Investment Market will require you to appear in exams with questions on Derevative market, Options, Bonds etc which again do not exist in Pakistan. So whats the point?
I am not trying to crticise but I am trying to figure out the reason why people in Pakistan are crazy about qualifications, rather than emphasising on their skill in a respective field? Are you guys not confident enough about you qualification?
On one hand we acuse others to plan to take short route on the other hand we are doing it ourself to gain membership of another body.Whats the difference?
Think about that.
Take care
Best Regards
Thank you very much for your time and efforts which you put in your mail. Its good to see that ICAP has started thinking for the students'der ayed durst ayed'. As far as statistics and council members, elections etc are concerned leave it for the time being, I know many council members (present and ex) and partners of large firms (again present and retired). The point which is under debate or discussion is ACA and ACCA qualification and standard of students/professionals.
I think we all are trying to establish same opinion in different ways i.e It does not matter a person is ACA or ACCA, it is his work, skill, competence and knowledge which plays key role in his recognition. Similiarly it does not matter how many qualifications you have because if there is a tax issue you are most likely to run to Shabbar Zaidi and if you are a student to Khalid Petiwala. For audit issues Ibrahim Sidat and if you are a student then Javid Hanif Zuberi or Naveed Bukhari (when I say you it does not mean Kamran ACA). These guys dont have a long list of qualifications but expertiese in relevent field.
As you mentioned that people have fantasy to get successful overnightly and for this they opt ACCA after failing or being unsuccessful in ACA qualification.I can assure you they will not be successful in ACA if they have plan to go for ACCA and get exemptions from foundation (or whatever stage) and then go for ACA.
According to my personal observation in Pakistan person learn more practically rather than text books because of different learning and working standards. As he has to work in the market, so the working standard is more relevant to him.
Why do you think ICAEW is coming to Pakistan?
What interest do they have in Pakistan?
Do you think ICAP can start a program in UK?
My dear, the answer is globalisation. As you mentioned that you are not thinking in international scenario but only Pakistani market, it astonishes me. You are a responsible member of a professional body with intention to become member of other professional bodies (both of them are international).
The last two papers which you are likely to take in ICAEW exams does not have full practical implication in Pakistan, on the other hand CFA which specialises in Investment Market will require you to appear in exams with questions on Derevative market, Options, Bonds etc which again do not exist in Pakistan. So whats the point?
I am not trying to crticise but I am trying to figure out the reason why people in Pakistan are crazy about qualifications, rather than emphasising on their skill in a respective field? Are you guys not confident enough about you qualification?
On one hand we acuse others to plan to take short route on the other hand we are doing it ourself to gain membership of another body.Whats the difference?
Think about that.
Take care
Best Regards