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hi all, AOA
thnx sumaan, for responding, i shall take care 2 post the msg only once ... actuall, i wanted all the ppl 2 read it n i dont know whether all the membrs vizit all the forums or not ...
newayz, yes u got it right, i m inquiring abt CPA ... thnx 4 correcting me tht it is AICPA for CPA, otherwise, i thought tht CIPFA is also for CPA ... can u plz tell me wht CIPFA is all about???
one more question, can u tell me abt CFA in pakistan??? i have searched the entire pakistan (by google.com.pk)2 chk the job opportunities n career progress for CFAs but couldny get some big deal ... one thing i wanna know is tht is CFA only for investment sectors n portfolio mgmt??? r they working in banking n insurance sectors only??? or wht other fields they can go ??? can they work in other big national/international companies??? or they r just in investment field???
thnx 3 replying, once again
salaaaaam
(Y)
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FARHAN
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I'm still confused as to what you're trying to inquire about... CPA, CFA or CIPFA...
CPA as mentioned before, is an American Accountancy Body... Remember this, our country is the United States of ICAP... ICAP is the President and ICAP is the King... In our market, there is monopoly of ICAP...
So in the accountancy and related markets, you cannot to a certain level appraise a foreign accountancy qualification with ICAP (with the exception of ICAEW)...
CFA or Chartered Financial Analyst (
www.aimr.org) too is an American originated qualification known worldwide... CFAs practice in Investment Companies, Insurance sectors, etc etc... The official statistics are as follows
Investment Companies 25%
Investment Banks 19%
Investment Management Counselling Firms 14%
Banks 13%
Consulting Firms 6%
Insurance Companies 5%
Others 18%
The study of CFA is more like that of an Actuary.
CPA as mentioned before, governs American markets... The monopoly of CPA is such great in USA, that negligible or no exemptions are offered for other accountancy qualifications such as CA's from ICAEW and ICAP and ACCAs.