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 ACMA Finalist worth ( ICAMP ) in Pakistan vs. CA
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farhannaeem
Unregistered Trainee

Pakistan
15 Posts

Posted - Jun 17 2011 :  10:47:12 PM  Show Profile  Send farhannaeem a Yahoo! Message


Can any body describe me, what opportunities available for ACMA finalist as compare to CA finalist? I know, ACMA is qualification of cost accounting. So, exact career will be in manufacturing industry to determine cost of manufacturing.

The major theme of CA is working as Auditor. No doubt, CA is most glamorous, attractive processional qualification (for students who want to study professional accounting qualification ) as compare to ACMA, ACCA, CIMA, CFA. CA would be first option for any student.

ACMA, ACCA, CIMA, CFA covers some objectives like

CFA covers Investment, Financial markets etc
CIMA/ACMA covers Cost and Management Accountings
ACCA/CA covers mostly Auditing side ( i guess )


So, I don’t want to do discussion, which one is better than other. I respect all.

My question is, what opportunities available for ACMA finalist at least in Pakistan ? I am want to propose ACMA to my younger brother. He is O levels student with business subject.

I wish, inshallah, He will go for CIMA after O Levels. Fortunately, ICAMP offering 18 subject exemptions at least to CIMA holders. After CIMA, brother can continue to ACMA final stage. He will have to pass 3 subject to become ACMA finalist in age of 20 years inshallah.

When he will be ACMA finalist, he can earn good money, support him self, can enter in CA. CA Inter is exempted for ACMA finalist by ICPA. So, I guess, it will good strategy for my brother career in Accounting and Finance.

I want to conclude the discussion with my query once again: what opportunities available for ACMA finalist at least in Pakistan? Jobs, Pay Scale, facilities etc

masroorahmed
Junior

81 Posts

Posted - Jun 19 2011 :  01:03:34 AM  Show Profile
wait wait,, i think that u ll nt get CA exemption if u r done CIMA and then ICMAP,, cuz ICAp does not allow exemption over exemption,,,, IF i m wrong , clear me ,,,,,,,,,,,
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farhannaeem
Unregistered Trainee

Pakistan
15 Posts

Posted - Jun 20 2011 :  9:40:54 PM  Show Profile  Send farhannaeem a Yahoo! Message
AOA

Thanks mansoor bahi for your feedback. I dono have any idea for ICAP policy for exemption over exemption. If you have any source for this info then it is my humble request to provide me source.

Movreover, theme of my posting was related to ACMA from ICAMP. if you have some experience on it then please share with me your valuable comments.

My Strategy inshllah would be for my brother :

1. O Levels with Business Group Subject
2. CIMA after O Levels
3. Applying for ACMA after CIMA for Exemptions. ICAMP provides 18 exemptions out of 21 total sunjects in ACMA.
4. Pass remaining 3 subjects from ACMA to become ACMA fianlist.
5. Apply for Articles
6. Now i have two option to procees
6.1 Go for CA
6.2 Go for CFA

my brother will be inshllah secure after acquirng CIMA. He can get good job. I personaly work in Sharjah. So, he can good job in UAE.

Acquring ACMA will increase security level for his future. He can apply for any BPS 17 or higher jobs in goverment organization.

Now, If he apply for CFA then it would be fabolus deceion for whole life.

And if he want to donot wnat to go for CFA. he want CA then we need to check, ICAP provides exemptions over exemptions or NOT. what will be policy for such ACMA finalist ?

But you will admit, he might no need for CA as Accounting professional. He will already good qualification at that time inshllah.

He has whole life for CA. Earn from good job, study on own money, go for CA.

IT IS HUMBLE REQUEST TO YOU TO REPLY THIS QUESTION AT LEAST

What is worth of ACMA finalist from ICAMP at least. What are brigth propsoective opportunitive for ACAM holder ? Jobs, Pay level.

Can ACMA Finalist can apply for ARTICLES ?


Jaza Kallah
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S.A.Shamsi
Junior

Pakistan
67 Posts

Posted - Jun 21 2011 :  02:33:21 AM  Show Profile  Send S.A.Shamsi an AOL message
Assalam Alaikum
Dear Farhan Bro in Pakistan the economic conditions are not so enjoyable, Although Icmap finalist are getting jobs, but not very good salary (may be 10,000 to 15,000PKR per month for Fresh inexperience students) but it depends on Luck as well as on source.However, as experience increases it becomes much better...
Yes ACMA finalist can apply for ARTICLES.


Regards,
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S.A.Shamsi
Junior

Pakistan
67 Posts

Posted - Jun 21 2011 :  02:40:09 AM  Show Profile  Send S.A.Shamsi an AOL message
Dear Farhan
I also have a query that What is the worth of CImA in UAE job market (Specially for newly Qualified Inexperienced Candidate)?


Thanks
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awaisaftab
Partner

Pakistan
1109 Posts

Posted - Jun 21 2011 :  10:13:46 AM  Show Profile  Send awaisaftab a Yahoo! Message
quote:
Originally posted by S.A.Shamsi

Assalam Alaikum
Dear Farhan Bro in Pakistan the economic conditions are not so enjoyable, Although Icmap finalist are getting jobs, but not very good salary (may be 10,000 to 15,000PKR per month for Fresh inexperience students) but it depends on Luck as well as on source.However, as experience increases it becomes much better...
Yes ACMA finalist can apply for ARTICLES.


Regards,



Dear Mr. Shamsi

My you please tell me the worth of CIMA qualified in Pakistan????
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Boss
Semi Senior

Pakistan
163 Posts

Posted - Jun 21 2011 :  11:44:13 AM  Show Profile
Dear Farhan,

You seem to be quite confuse, do not get astonied!
You have asked too many questions but quite vaguely.

Let me explain! You want your brother to be entered into CMA profession, meanwhile, you are of the view that "CA is most glamorous, attractive processional qualification", similarly, you are also interested in comparision of CA & CMA, although you know that both of these qualifications are related to different field i.e. Management Accountancy and Audit.

Let me know whether;
- Why dont you let your brother be entered into CA profession, keeping in view its more worthy, as you wrongly perceived?
- What is the logic of comparision between apple and orange?
- Is it really your brother or yourself?


Anyways,
Let me suggest you that your brother should enter into CA-ICAP or CMA-ICMAP,Provided he lives in pakistan, as members of both of these institutes become corporate leaders ultimately.

Lower limit of salary is around 30k-60k, which is subject to variation i.e. depends on the organization, location, personal attributes/capability/ingenuity, personality, fate, experience, conditions etc. However, there is no upper limit, it could be 250k to 1000k.

S.A.Shamsi, Your analysis is very vague.

Awais, Last year, i said (at this forum) that worth of ACCA qualified is just like a Dog, searching for a bone and atlast get succeed to have a "Bone". i further said that ICAP kisee bhee din ACCA ko Danda dene wala hai, and time proved my words as i perceived.

Similarly, CIMA is also going to have a "Big Danda" by ICMAP in near future.

Lets count down.


Regards,

Boss.
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awaisaftab
Partner

Pakistan
1109 Posts

Posted - Jun 21 2011 :  12:47:00 PM  Show Profile  Send awaisaftab a Yahoo! Message
In past ACCA has been used as stair to get the membership of ICAP. Now CIMA is being used for the purpose to get the membership of ICMAP on a thread one respectable member gave the suggestion to other member about easy way to get membership of ICMAP through short cut of CIMA.
Now CIMA offering same number of exemption to both the members of ICMAP and M.B.A's of different university. Some month ago I said that ICMAP should revise the MOU with CIMA. On the response a member gave an argument that at the signing of that MOU members and office bearers of ICMAP were very happy. I would like to say on this response that at that time CIMA was not offering same number of exemptions to M.B.A's of so called universities.

The fact is that education sector is big source of revenue in the economy of united kingdom please check statistics. In pne of my post I have given the statistics about the education sector of U.K and its economy but I have not received any reply from any student of CIMA or ACCA.

Edited by - awaisaftab on Jun 21 2011 1:00:45 PM
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farhannaeem
Unregistered Trainee

Pakistan
15 Posts

Posted - Jun 21 2011 :  3:28:04 PM  Show Profile  Send farhannaeem a Yahoo! Message
Dear Mr. Boss,

First of all, I am person with crytsal clear mind, I spend my life with vision. For your information, I work as Export Manager / Business Development Manager for USA based petro chemicals multinational trading company. Company pays me remarkable package. I travel frequently around the globe to develop company business. Attend confrences, exbitions, meet with people of diverse culture, taste cusines, shope a lot of stuff.

In past five years, i visited almost 5 continents ( Latin America, North America, Europe, Africa, Australia, Far East ). Inshllah, Sooner or later, i will start my own chemical business in abroad.

Do you think, So how can i interested in CA after such career Alhamulliah ?


I belong to middle class family. I am elder in my family. I have a vision for my brother. Support him until he complete his ACMA after CIMA. He can complete all this hopefully inshllah in the ge of 20.Then let him free to fly. Let him EARN moneny, Let him to study any accounting/finance professional course CA or CFA on own expense.

What you say about it ?


It Psychology of CAs, you are all so proudy, You think, you are doing supreme job and others are donkeys.
Brother, personally, I respect all professions like Engg, Medical, Accountancy, Law etc. These are all wheel of economy. Every body is playing his role best to move the wheel of economy.



For your information, CIMA and ICAMP, both bodies have agreement. They provide much exemptions to each other. If ICAMP, CIMA have no mutual objection then why you are objecting ? Keep your danda for own use.

It Psychology of CAs, you are all so proudy, You think, you are doing supreme job and others are donkeys.

Brother, personally, I respect all professions like Engg, Medical, Accountancy, Law etc. These are all wheel of economy. Every body is playing his role best to move the wheel of economy.


My post theme was not at all to compare ACMA vs CA. theme was, ACMA worth in Pakistan. while CA, ACCA, others have also market share.
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farhannaeem
Unregistered Trainee

Pakistan
15 Posts

Posted - Jun 21 2011 :  3:43:07 PM  Show Profile  Send farhannaeem a Yahoo! Message
Dear Shamsi bhai,

AOA,

I am working as Export Manager in USA based chemical trading company. So, basically, i am a sale person.

I am replying you on genneral observation. I saw jobs ads in Jang Sunday like local papers. Compaany offers 10,000 AED - 15 - 20, 000 AED for Accouting, Auditng, Finance professional.

A MBA from Pakistan/India/South Asian is getting here hardly 4000 AED. 3000 AED is normal.

Employers have so much options to hire qualified people. Package depends upon following :

1. You are ARAB / Emarati national
2. You are Euro, USA, Japnese, Gora National
3. You are south Asian, Malysian, Philpino etc
4. What you qulification, Experience hold ?

Dubai is international city and business hub. Dubai is first step to settle in Europe, Canada, USA, Australia. So, people are willing to work at any cost.

So, I guess, ACCA, CIMA holders are getting excellent being UK qulification.

Jaza Kallah
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S.A.Shamsi
Junior

Pakistan
67 Posts

Posted - Jun 21 2011 :  11:52:07 PM  Show Profile  Send S.A.Shamsi an AOL message
quote:
Originally posted by Boss



S.A.Shamsi, Your analysis is very vague.



Well Kindly Mr. Boss tell me on which basis you say that my Analysis is vague????
I think your Information is nowadays Obsolete (Lower limit salary is around 30k-60k)....Can you tell me where in the market an Icma finalist is getting b/w 30k-60k???(except some cases where some source is applied for job)..
Update your Information , there are lots of my friends whom are Icmap finalist so, its easy for me to get latest position of Icmap job market....

quote:
Originally posted by Boss
Awais, Last year, i said (at this forum) that worth of ACCA qualified is just like a Dog, searching for a bone and atlast get succeed to have a "Bone". i further said that ICAP kisee bhee din ACCA ko Danda dene wala hai, and time proved my words as i perceived.

Similarly, CIMA is also going to have a "Big Danda" by ICMAP in near future.
Regards,

Boss.



First of all dont use such language for anyone in this forum as this is a forum for Professionals and for Gentlemen So, Please Behave...

Secondly Icmap is no way near as compared with ICAP so, saying Icmap will give tough time to CImA is simply Unrealistic...


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S.A.Shamsi
Junior

Pakistan
67 Posts

Posted - Jun 22 2011 :  12:26:29 AM  Show Profile  Send S.A.Shamsi an AOL message
Mr. Boss
One more thing ,I forgot to tell you that I know a person who has recently Qualified ICMAP ,I was shocked to hear that he has just started a job for 10k PKR per month and that after 6 months ,it will be increased to 15k-20k PKR per month... See how much the situation in Job Market is bad nowadays (Specially for an inexperienced person).
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awaisaftab
Partner

Pakistan
1109 Posts

Posted - Jun 22 2011 :  11:41:51 AM  Show Profile  Send awaisaftab a Yahoo! Message
Mr.Shamsi

You should very careful when you generalize the things. I know about an ICMA qualified who is earning 30k extra by teaching beside his job. Some month ago no coaching classes of CIMA were available in any accountancy colleges of Rawalpindi and Islamabad, especially of operational level. even in Skans classes were conducted on the availability of students of CIMA ( I don't know the situation in Karachi and Lahore but I believe that the situation was not different in these cities)

Now around fifteen students taking classes of management level of CIMA only one F-8 campus of Skans Islamabad. The are the beneficiaries of CIMA loot sale scheme.

You say that ICAP is better than ICMAP then why CIMA is not offering 11 exemptions to the ICAPINS???

What are the basis on which 11 exemptions are offered to M.B.A's???

This is the fact that service sector plays major role in the economy of U.K and education sector is also part of service sector.

Would you like to comment on the flight of ForEx from the country ???
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kamranACA
Partner

Pakistan
2499 Posts

Posted - Jun 22 2011 :  1:45:30 PM  Show Profile
:)
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farhannaeem
Unregistered Trainee

Pakistan
15 Posts

Posted - Jun 22 2011 :  5:07:48 PM  Show Profile  Send farhannaeem a Yahoo! Message
quote:
Originally posted by awaisaftab

Mr.Shamsi

Would you like to comment on the flight of FnorEx from the country ???



Dear Awais Aftab bhai,

AoA, It is fault of ICAP, ICAMP to provide space in market to CIMA, ACCA. CIMA, ACCA provide opportunities to students to become accounting professionals in very younger age. With proper planning, Students may have these qualfication in the age of 20 years only at that time

When you CAs & ICAMPians starting its education.

it is dream of each parents to see their child as independent qucikly. While CIMA, ACCA offers also remarkable career abroad.

Just check past 10 year records of FOREX, What was value of UK Pound sertlings and Today Pound value is approx 140 PKR.

My question is : We ( Pakistani ) are brilliant, talented people (No Doubt ). Why ICAMP, ICAP give admission on Martic/O Level basis to students with some conditions ? It is save our a lot of foreign reserve. I am not asking to decrease its quality education level.


Few years ago, ICAMP give admission on B.Com/BA/BSC basis only. But they are giving admission on intermediate basis. It is good step but not Enough.

I think, CAs and ACMAs should agree on this point so that CA and ACMA should be first choice for students rather than ACCA, CIMA

I think, following CA courses can be offered to such students who come from Matric/ O Level with Good Grades :

Module A

Paper A1 Functional English
Paper A 2 Quantitative Methods

Module B

Paper B 3 Introduction to Economics and Finance
Paper B 4 Introduction to Financial Accounting

Module D

Paper D 12 Information Technology

ICAP can allow to study advance courses after passing these subjects.

It will save a lot of time of students, our preceious money who is remitting to UK. It also provide job opportunities for studnet.

Sooner or later, ICAP, ICAMP need to take this initiative.

Please comment
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kamranACA
Partner

Pakistan
2499 Posts

Posted - Jun 22 2011 :  6:38:36 PM  Show Profile
quote:
Originally posted by farhannaeem

quote:
Originally posted by awaisaftab

Mr.Shamsi

Would you like to comment on the flight of FnorEx from the country ???



Dear Awais Aftab bhai,

AoA, It is fault of ICAP, ICAMP to provide space in market to CIMA, ACCA. CIMA, ACCA provide opportunities to students to become accounting professionals in very younger age. With proper planning, Students may have these qualfication in the age of 20 years only at that time

When you CAs & ICAMPians starting its education.

it is dream of each parents to see their child as independent qucikly. While CIMA, ACCA offers also remarkable career abroad.

Just check past 10 year records of FOREX, What was value of UK Pound sertlings and Today Pound value is approx 140 PKR.

My question is : We ( Pakistani ) are brilliant, talented people (No Doubt ). Why ICAMP, ICAP give admission on Martic/O Level basis to students with some conditions ? It is save our a lot of foreign reserve. I am not asking to decrease its quality education level.


Few years ago, ICAMP give admission on B.Com/BA/BSC basis only. But they are giving admission on intermediate basis. It is good step but not Enough.

I think, CAs and ACMAs should agree on this point so that CA and ACMA should be first choice for students rather than ACCA, CIMA

I think, following CA courses can be offered to such students who come from Matric/ O Level with Good Grades :

Module A

Paper A1 Functional English
Paper A 2 Quantitative Methods

Module B

Paper B 3 Introduction to Economics and Finance
Paper B 4 Introduction to Financial Accounting

Module D

Paper D 12 Information Technology

ICAP can allow to study advance courses after passing these subjects.

It will save a lot of time of students, our preceious money who is remitting to UK. It also provide job opportunities for studnet.

Sooner or later, ICAP, ICAMP need to take this initiative.

Please comment




Brother

Can you pls throw some light on your undermentioned allegation:

......"It is fault of ICAP, ICAMP to provide space in market to CIMA, ACCA"......

A reasonable person should make an opinion on the premise of some arguable stuff and logic. I would be much obliged if you share with us your argument and logic regarding above allegation.

BTW, don't mind but it is quite amazing and hilarious to see an Export Manager (who is only concerned for his brother's career) advising ICAP how to structure its examination modules :) For a layman either it is a "suni sunaai" thing or a "takhayyul ke parwaaz". May it be an indication to the truthfulness of what Boss posted above. Anyway, I don't conclude.

Looking forward to hear your arguments.

Regards,


(Edited to correct a spelling error).

Edited by - kamranACA on Jun 23 2011 2:33:35 PM
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S.A.Shamsi
Junior

Pakistan
67 Posts

Posted - Jun 22 2011 :  8:24:12 PM  Show Profile  Send S.A.Shamsi an AOL message
@Awais
Dear who told you that CImA is giving 11 exemptions to ICMAP and MBA,there are 7 exemptions to Icmap and 6 to MBA, both have to clear a Gateway Assessment Paper to complete 11 papers and that GA Paper is tough to clear and as for CA (ICAP) they get 9 exemptions without giving any Paper which shows clear edge of ICAP over ICMAP and MBA...

and Awais please tell me that how many people have you met who are freshly Qualified or Finalist of ICMAP, earning 30k extra from doing job on the basis of ICMAP nowadays (not by doing extra work like Teaching)...As I told above that I know lots of Students of ICMAP and my analysis is based on their experiences and opinions.

Well one more thing Have you got any problem from CImA that you are doing "Bahas barai Bahas" and you have diverted the Discussion from its Original Topic???
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awaisaftab
Partner

Pakistan
1109 Posts

Posted - Jun 22 2011 :  11:40:25 PM  Show Profile  Send awaisaftab a Yahoo! Message
Mr Shamsi

You are doing Behas Baray Behas

Just look at the following link

http://www.cimaglobal.com/Study-with-us/Entry-routes/I-have-an-MBA/


Please reply me

Regards

Edited by - awaisaftab on Jun 22 2011 11:47:36 PM
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awaisaftab
Partner

Pakistan
1109 Posts

Posted - Jun 23 2011 :  12:00:24 AM  Show Profile  Send awaisaftab a Yahoo! Message
One more thing an unexperienced person is not eligible for ICMAP's final certificate rather one year practical experience is required to get final certificate. You should don't be worry about fresh unexperienced ICMA students. Why do make examples these fresh students who even do not have exposure of office culture. You will see that after one year these fresh innocent student will earn 50k plus.
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awaisaftab
Partner

Pakistan
1109 Posts

Posted - Jun 23 2011 :  10:24:04 AM  Show Profile  Send awaisaftab a Yahoo! Message
These links will be beneficial for readers:

http://www.cimaglobal.com/Documents/ImportedDocuments/FAQ_CPGA_26-08-09.pdf

http://www.icmap.com.pk/pdf/icmap_signed_mou_20082k9.pdf

http://www.cimaglobal.com/About-us/Press-office/Press-releases/Press-releases-2009/August/CIMA-signs-MoU-with-accountancy-body-in-Pakistan/
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kamranACA
Partner

Pakistan
2499 Posts

Posted - Jun 23 2011 :  2:49:09 PM  Show Profile


For MBAs, CIMA’s website mentions:

…………..”On successful completion of the CMGA exam, you will be granted 11 exemptions from the CIMA professional qualification”…………….

Regarding CMGA exam, the website states:

QUOTE

The CMGA exam is three hours long and can be taken at any CIMA exam centre. The CMGA exam covers material from the syllabi of the following management level papers:

P2 performance management
E2 enterprise management
F2 financial management.

The paper structure and syllabus content is:

Section A – three compulsory questions each worth 25 marks.

1. P2 syllabus area B - cost planning and analysis for competitive advantage
2. E2 syllabus area B - project management
3. F2 syllabus area A - group financial statements

Section B – objective test questions totalling 25 marks, from all other areas of the P2, E2 and F2 syllabi not covered in section A.

For a fee of £500 the CMGA accelerated entry route includes:
- your CIMA student registration fee
- one exam entry and attempt at the CMGA exam
- three CI- Astudy.com online study modules (E2, P2 and F2).

UNQUOTE

I guess similar thing was pointed out by S.A.Shamsi in his post i.e. these 11 exemptions are not offered in a plate. Rather, the MBA candidates have to clear the CMGA exam which in itself is atough task to be achieved.

Correct me if I am wrong.

Regards
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kamranACA
Partner

Pakistan
2499 Posts

Posted - Jun 23 2011 :  2:54:17 PM  Show Profile
Can anyone enlight our MBA professionals who are members of this forum regarding which MBAs are being recognized by CIMA?

Do they equally recognize Pakistan's HEC's for appearing in CMGA?

I feel such exemptions would not be available to each and every MBA as we have quite different discplines, universities and programmes. Therefore, expectedly such exemptions would be available on case-to-case basis upon assessment of what an individual's qualification actually entails and whether or not it satisfies the CIMA's exemption criterion.

Some concrete info on this aspect would be helpful for forum members.

Regards

Edited by - kamranACA on Jun 23 2011 3:16:56 PM
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kamranACA
Partner

Pakistan
2499 Posts

Posted - Jun 24 2011 :  4:03:26 PM  Show Profile
Following clarification has been given by CIMA on my inquiry regarding exemptions to MBAs:

……………………”With the gateway scheme all MBA’s will be individually looked at and assessed, if the MBA is relevant to CIMA then you will gain access to the gateway route allowing up to 11 exemptions. We look at qualifications from around the world and the decision will be made by the admissions team comparing your qualification to our own here at CIMA. We will look at the certificates and full transcripts and then a decision will be made on eligibility for the gateway scheme..……………………………..”

This shows that recognition of MBAs for even CMGA exam depends upon case-to-case evaluation basis. Further, the exemptions are given “UPTO” 11. It looks that not necessarily every one can get 11 exemptions on the basis of his MBA.

I hope the above clarification would be helpful for our MBA fellows.

Regards,

Edited by - kamranACA on Jun 25 2011 3:32:23 PM
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Astute Accountant
Manager

Pakistan
660 Posts

Posted - Jun 27 2011 :  5:12:18 PM  Show Profile  Visit Astute Accountant's Homepage
quote:
Originally posted by awaisaftab

Mr.Shamsi

Some month ago no coaching classes of CIMA were available in any accountancy colleges of Rawalpindi and Islamabad, especially of operational level. even in Skans classes were conducted on the availability of students of CIMA ( I don't know the situation in Karachi and Lahore but I believe that the situation was not different in these cities)

Now around fifteen students taking classes of management level of CIMA only one F-8 campus of Skans Islamabad. The are the beneficiaries of CIMA loot sale scheme.




You need to update your info.

quote:
Originally posted by awaisaftab


You say that ICAP is better than ICMAP then why CIMA is not offering 11 exemptions to the ICAPINS???

What are the basis on which 11 exemptions are offered to M.B.A's???



11 exemptions are offered to those who clear CMGA exam and clearing CMGA is not a child's play.

Edited by - Astute Accountant on Jun 27 2011 5:13:30 PM
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m.hassan
Unregistered Trainee

Pakistan
18 Posts

Posted - Jun 29 2011 :  5:41:14 PM  Show Profile
I Totally agree with farhan that icap should introduce something for matric\olevel students.Im facing the same problem i have got good grades but now am unwillingly doing I.com so that i can do ca in future and i am being mocked by friends "i.com he karna tha to matric mai itni mehnat ki kya zarurat the".on other hand acca exemptions khatam kar de hain and phir wohi bat kai us mai bhe paisay england ko jatay thay .magar icap must have introduced something for matric nd olvel students agar exemptions khatam he karni thi.
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farhannaeem
Unregistered Trainee

Pakistan
15 Posts

Posted - Jun 30 2011 :  10:41:56 PM  Show Profile  Send farhannaeem a Yahoo! Message
Kamran Sab,

Ap nay shayad ghor say un subjects to nai daykha jo main nay propose kiay hain to Introduce kiay ja saktay hain un students to jin kay matric/O OLevels with Business Subjects main good grades hain.

Ap ko to yeh tension par gai hay kay aik Export Manager ICAPIAN ko propose kar raha hay. I Spend 8 years in Firdos Market/Barkat Market Lahore. So many my room mates were completing ACCA, CA.

Dobra ghor say daykhain kay main nay kon say subject propose kiay hain.

Module A

Paper A1 Functional English
Paper A 2 Quantitative Methods

Module B

Paper B 3 Introduction to Economics and Finance
Paper B 4 Introduction to Financial Accounting

Module D

Paper D 12 Information Technology

Agar ACCA Pakistan FIA inroduce karwa sakta hay kay matrix/O Level kay bad students ACCA karain to ICAP ko kia masla hay ???

Phir ap ICAPIAN kehtay ho ACCA log ku kartay hain ? Hum Pakistani dunya kay behtreen students hain. Jab aik brilliant student ACCA via FIA kar sakta hay. Same student ko ICAP apni tarf ku nai attract kar sakti.

Kia ap ko pata hay, O LEVELS, A LEVELS, ACCA, CIMA, IELTS aur na janay kitnay courses, Degrees ki waja say Pakistan ka paysay dhara dhar UK ja raha hay ? WHY ?????

Being Export Manager in Chemical, main janta ho kay UK Industry wise kuch khas nai hay as compare to other european countries. UK Chota sa country hay. Aur Sara Pakistan, India, Sri Lanka, Bangaldesh is kay peechay pagal ho ja raha hay.

kia ap bbcurdu.com daykhtay ho ? I have so many links about immigration. Gora especilly Pakistanio ko UK nai lana chatata. Daily, wo apni Immigration policy strict kar rahay hain.

Aur hum Pakistan in UK Qualification maray ja rahay hain. in most cases, yeh sub log ( UK Qualified ) Uk ja jahroo marain gay. UK Locals mar gay hain kia UK chalnay kay liay ???

Humra paysa UK ko ja raha hay. UK stong aur Pakistan Weak ho raha hay. UK ki sab say bari kamaiyo main say aik Foriegn students aur un ka paysa hay. Yeh band ho jai. To UK ki Band baj jai. Khud BBCURDU par UK Education Misinter ka bayan is baat ki tasdeek karta hay.

Wo kehta hay kay, Students UK paysa la tay hain aur taleem mukamal karnay kay baad Humara culture apnay country mai lay ja kar implement kar tay hain. WHY WHY WHY ????

ICAP, ICMA ko ap koi strict action layna ho ga to kick out ACCA, CIMA. I am NOT asking to loose faboulous stahndards by ICAP, ICMA. Aray isi waja say to hi CA, ACMA ka jadu sir char bol raha hay.

Main yeh keh raha ho, kay man dar ja bala subjects ko, matric kay baad SIRF quality students to introduce kia jai. Ta kay Pakistan ka kkemti paysa bahir ja nay say bacj jai.

Har Parents ka khawab hay, kay us ka bacha jald parh likh kar kamai aur kamyab zindagi guzaray.

ACCA, CIMA providing this opportunity to students & parents. ACCA, CIMA providing shortscuts.

Why ICAP/ICAMP can not do this but with strict high standards ?

Ap log jo CA kar chukay hain, ICAP par is cheez kay liay dabao dalna ho ga.

We ARE BRILLIANT NATION. WE CAN DO ANY TNING. SAVE PAKISTAN EACH PENNY.

Hum apni mehnat ka paysa in Goray logo ku day jo Pakistan aur Pakistanio ko **** ki gaali day tay hain?
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kamranACA
Partner

Pakistan
2499 Posts

Posted - Jul 01 2011 :  3:02:21 PM  Show Profile
Brother,

First of all let me suggest that it would be better if you write your messages in English because Urdu is not based on Roman words and such a written message is not properly understandable. Secondly, being a room-mate of CAs and ACCAs does not bless anyone with an insight to a profession. Thirdly, I don’t much endorse your logic of saving Forex by placing bars on foreign qualifications. Another member has given you some understandable reasons (on your other thread) that why your conclusion is incorrect. You need to understand that Forex can be saved using so many other better techniques and tariff barriers. Just put 1000% duty on, say, imported dress cloth or cars (or any other luxury items) and you might be saving 100s time more than what you intend to save from a restriction on ACCA or CIMA etc. Please remember my brother, Forex is always intended to be saved raising barriers against LUXURY ITEMS and not about necessities or investments; and if you can understand education is the biggest investment in the world. How ACCA or CIMA can be proven as investments is a question that you have been answered with by the aforesaid other member on another thread initiated by you.

I agree that other countries, specially UK, are earning money from foreign students; but what goes wrong in it, if we are paying them with our own wilingness? It is a free trade market and everyone has been blessed with eyes and ears to take appropriate decision. If someone feels that bodies like ACCA are making money out of their hard earned wealth, they should think over it many times and adopt alternative routes that are also available. We can give them a proper advice but cannot put caps on anyone’s wishes, so far these are legally and morally allowed. However, if someone seeks advice, honesty requires that we should let him know what we consider appropriate for ourselves. There is no harm in it. I have always been saying that let everyone do what he deems fit. The decision is of the decision maker and we MUST not influence anyone as to what he needs for his life. Accordingly the fruit of one’s efforts is also solely for him and he has to take the burden of his decisions ultimately.

You also said something about UK; let me quote it below:

……………………..Being Export Manager in Chemical, main janta ho kay UK Industry wise kuch khas nai hay as compare to other european countries. UK Chota sa country hay…………..…..…..

Brother, have you ever compared the annual Budget of this Chota Sa Country with so-called Bigger Countries like Pakistan and Sri Lanka etc. When we concentrate on all the 3 important aspects i.e. economic power, military power and political power, do you know France, UK and Germany are called the Big3 of Europe with such a reference; out of which France leads but with a very short margin against UK and then follows Germany. All other countries in Europe are incomparable to these three on such fronts. Give it a try to understand the facts.

I have considered your suggestions pertaining to allow Matric pass students to enter into CA, and am wondering why ICAP cannot introduce a CA programme from Pre-Nursery Level by designing around 10 or 12 pre-module-A modules? These 10-12 modules can include subjects starting from alphabets, colors, blocks etc to Matric level math, science, Urdu, English etc? Would it work? Anyway, I am kidding BUT the example aimed at to explain that ultimately there is an end and a limit for everything. Personally, I did not even like the decision of allowing direct CA entry route to Higher Secondary (F.Sc, I.Com etc) people and believe this has created some problems of immaturity. However, ICAP and ICMAP must be looking at the moves other bodies have taken and the ultimate decision they have to make. I believe there are people who can decide better collectively than what we individually think and discuss. Yes, we, as members, can give them the appropriate suggestions to start or support a thought provoking process on any professional aspect. If any such move (if came under consideration) would be discussed with the members, I, however tiny voice I have, will oppose such a proposition for the well being of the quality of the upcoming professionals.

Remember my words please, as much would you relax the requirements and ease the process, so much deterioration in the quality of output you will witness over the time.

Please note that my statements do not represent any thought or opinion of any institute at all.

Best regards,

Edited by - kamranACA on Jul 01 2011 3:09:13 PM
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siyyabkh
Unregistered Trainee

Pakistan
14 Posts

Posted - Jul 10 2011 :  12:37:44 AM  Show Profile  Send siyyabkh an AOL message
[quote]Originally posted by kamranACA

Hello Kamran Bhai..
i send you many email, but i didn't got a reply yet.. your advice is so much important.
all my data is there in E-mail...

Thank you.

Edited by - siyyabkh on Jul 10 2011 12:39:37 AM
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kamranACA
Partner

Pakistan
2499 Posts

Posted - Jul 18 2011 :  8:04:02 PM  Show Profile
quote:
Originally posted by siyyabkh

[quote]Originally posted by kamranACA

Hello Kamran Bhai..
i send you many email, but i didn't got a reply yet.. your advice is so much important.
all my data is there in E-mail...

Thank you.






I would request everyone to post the queries on the forum.

Dear, please post your query here and I will try to respond. I rarely check the emails at the account given to forum some 4 years back.

Regards,
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Musa_Khan
Unregistered Trainee

Pakistan
2 Posts

Posted - Aug 02 2011 :  11:18:14 PM  Show Profile  Send Musa_Khan an AOL message
Asalam O Alaikum...

How are u all .. as far as CA is concern with ACMA .. i can competently say that ACMA is much far superior to CA, this doesn t mean in any sense that i m saying or going against CA .. they are best at their point and ACMA is best at theirs.. you will understand about it on reading the whole parah..

Acma is concerned as a necessity of every firm whether that firm is manufacturing or whether that firm is of servicing sector... basically i am saying that any firm whose motive is to earn profit, it has to acquire a cost accountant.. reason for that is this as you can will have to see what is the effect of cost accountant on business.. cost accountant deals with the exact costing of company .. like wapda has set a rate of suppose 2 rupee per unit.. that means that in this 2 rupee they have covered the four factors; land, labour, capital, entrepreneur. who has set the cost of it .. COST accountant as he know the way out to make more profits and reduce cost.. every company require them in order to set a price ... they are trained to manage all these business stuff.. so in order to make a Sales price , cost accountants are there.. so u can understand that scope of cost accountant .. even to give service u require to set a rate at which ur services are offered....

Along with it, the study criterion is quite difficult in acma than ca, reason for this, i am student of stage 2 of ACMA, we study a subject which has three portion Business Math, stat and Operation Search... the lectures given to us in completing three parts of this subject are just 40 lectures of 1 and half hour each... despite of it CA cover the same syllabus of MAth stat besides Operation search and they take 150 lectures to complete the course .. so who is must intelligent.. who covers the 25% extended course in 40 lectures or the one who covers the same in 150 lectures... second thing .. acma is more concerned with theoratical portion so that we could know abt every portion of business.. ACMA is just like a coach of a company ... who trains or takes the team to win a match and CA are auditors who give trophe to the team after their checking of accounts but ACMA makes the company capable to that stage where CA are to come to audit the firm.....

ACMAs are concerned till the G.P of the P&L account as they are responsible to dec. or inc. cost.... they are trained to generate revenue and know how to tackle up the cost .. u know if a company requires a loan .. the finance depptt has to ask the cost accountant that whether is there any space in per unit cost which can deduct out some portion of payment of interest on loan and if cost accountant allows they take loan as he has full knowledge of costing.. so every firm cannot afford a CA as they are concerned with successful companies but who had made that company successful are cost accountant... its a separate issue how they manage it..

Decision is onto you.. if u can study hard with all your powers then join ACMA as its a compulsory thing to be a student of ACMA .......

these are my thoughts by meeting and noticing the changes and criteria, so if anyone knows better he or she can explain it more .. all i can suggest is that decision lies in your hand.

Regards,
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Musa_Khan
Unregistered Trainee

Pakistan
2 Posts

Posted - Aug 02 2011 :  11:28:41 PM  Show Profile  Send Musa_Khan an AOL message
All i can say is that our industrial sector is the best sector of world .. not due to technology, budget of any other factor related to yield benefits.. they are best in my view as they are still making profits and main thing they are surviving in such a severe shortage of electric power...and still pakistan's industry is exporting clothes and other industrial items. if resources would come in favour of us like power issue .. our industry is capable of competing with many international countries...
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