Did Yousuf Adil deserve DTT Membership?

Did Yousuf Adil deserve DTT Membership? - Printable Version

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+--- Thread: Did Yousuf Adil deserve DTT Membership? (/showthread.php?tid=2)

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- azher786 - 12-30-2002

I wish all the best to MYA .

- KK - 01-29-2003

Well Mr. Guy Brush !! if MYASCO didn't deserve DTT than which firm does ???? PLeeeeeeeeeeeeeze give ur humble opinion -)

- AB - 02-10-2003

I think thay A.D. & Co, Chartered Accountants should have been selected for the DTT membership

- KK - 02-11-2003

Mr. AB i tink u mean A.D & Co. Chartered Accountants should have selected DTT. for membership ........... Right !! -)

KK.

- AB - 02-18-2003

ofcourse Mr. KK, I believe that its about time that the World know that even Mr. A.D. can give DTT/KPMG/EY and PWC the membership of his exclusive firm and that is his sole discretion.

- Cricketer - 02-21-2003

Yousuf Adil had until a few years ago, a dubious reputation of working in the textile industry and making money out of signing clean reports to dirty clients. If they have improved to the extent of getting DTT membership, then i say ... All Power to them and Congratulations!

- KK - 02-22-2003

This approach we accountants need ......be positive -) well said !

- irfanahmedmeer - 03-17-2003

ASA
About this topic I will just like to say may be Yousef Adil's working style or standarad may not meet the standarad of DTT earlier but surely it meets all or most of thier standarads now as DTT has given it membership and surely that firm will be subject to reviews by the DTT in the future. So nobody should be worrying and loosing sleep over DTT's member ship. If they deserve it they will keep it otherwise DTT will look somewhere else whats the big deal

PS I have nver worked for Yousef Adil in my life i am not favouring or opposing anybody

- GhulamQadir - 03-28-2003

Yes .

It used to work with MYASCO for around 6.5 years and observed rather practise all the working style of the firm and i am of the opinion MYASCO'S working standard is far more better than other firms.

Since i have seen the working style of almost all the big firm due to my attachment with them as a client i can say that MYASCO deserve the DTT membership.

However, it is needless to mentioned here that DTT is a decent firm and it just cann't throw its membership like people are thinking.

Good luck to MYASCO for its future endeavour as DTT member.

gqsk

- coool_dude1 - 04-11-2003

I great new book on IAS is available at Adnan Book Stall, Urdu Bazar, Karachi

IAS 2003 (INTERPRETATION AND APPLICATION OF IAS)

I feel that this should be in the book shelf of every one dealing with IAS, specially the students of Module E in ICAP

- Paki - 05-20-2003

Asalam o alaikum
Quite an interesting discussion (guess I'm a little late in here)
Anyways I think MYASco did deserve DTT's membership, that's why they got it, but I also think that the then SHQ deserved it more than MYASco. (probably it can be a good question, why SHQ didnt get it?!!, specially after the news of a negative presentation by a third firm, as somebody remarked in ur discussion)
Strange enough but most of the people who have supported MYASco have had or are working for MYASco,,,, I think the MYASco's partners should focus on building a repo of the firm as well, which I think has been marred by reshuffling and new and new mergers of the constituting parnters.
As for Ozair, I wont say it was 'bootlicking' but it was pretty close to hypocrisy (a more gentle synonym of bootlicking) ) and for 'guybrush' well u better learn to talk )
some people also question DTT's competence,,,, well that was too much, u cant just have around 10 billion $ in revenue, just for nothing.
but I've also heard of this dirty textile reporting (like I said they need to improve their repo) plus I've HEARD (only heard) that they've got some political background or something???!!!! hmm, I wonder )

- jbladeus - 07-08-2003

<BLOCKQUOTE id=quote>quote<hr height=1 noshade id=quote>
Strange enough but most of the people who have supported MYASco have had or are working for MYASco,,,, I think the MYASco's partners should focus on building a repo of the firm as well, which I think has been marred by reshuffling and new and new mergers of the constituting parnters.
As for Ozair, I wont say it was 'bootlicking' but it was pretty close to hypocrisy (a more gentle synonym of bootlicking) )
<hr height=1 noshade id=quote></BLOCKQUOTE id=quote>
Hehehe.... Paki didn't you know that MYAS has a brain-washing plant in its basement through which all the new trainees have to pass as part of their initiation into the firm.. hence this bootlicking attitude! <img src=icon_smile_big.gif border=0 align=middle>

<BLOCKQUOTE id=quote>quote<hr height=1 noshade id=quote>
and but I've also heard of this dirty textile reporting (like I said they need to improve their repo) plus I've HEARD (only heard) that they've got some political background or something???!!!! hmm, I wonder )
<hr height=1 noshade id=quote></BLOCKQUOTE id=quote>

Political background. hmm... a certain Mr. AAS comes to mind. By the way Mr. MYAS himself is one of the biggest powerbroker in ICAP's inner junta. This junta consists of kingmakers who pull strings of all the puppets sitting in ICAP's council.

Alas, this is the sad situation of our country's premiere professional body... but it is all true, isnt it?

________________________
Arrrgh... it sure's gonna be mighty rough sailin' today ... mates!

- geo - 07-09-2003


Well GUY BRUSH I hope the topic you started can be brushed clean at the end.

As far as my opinion is concerned MYAS doesnât deserve DTT or in other words DTT people canât be so stupid.

According to the internal information DTT reviewers have advised MYAS to improve themselves. DTT will perform a final review (maybe reviews) afterwards on the basis of which fate of MYAS will be decided. It means that MYAS failed in the first review.

I am in MYAS & I think that MYAS people donât really have the caliber required to be a member of TOP- 5 or 4. Copying audit programs, procedures and disclosure given by TOP-3 is a normal practice (I have done this practice in MYAS many times and guess who taught me this, no other but my PRINCIPAL). The working style is not good as THK or AFF ( and maybe FRSH to), it really needs a lot of improvement. There is a rumor that it is improving its working style but it will have to change some partners to improve its working style. It might also start importing partners (at this time only has 3 talented partners others are only potatoes) from AFF, THK & FRSH as is doing in case of managers to improve. I donât know the working style of DTT but I am sure it canât be as bad as MYAS.

Many offices donât even have qualified managers, and the real professional managers are from other firms e.g. AFF( why does AFF need these managers? ). I attended in house training sessions and the major players were (other than 2 partners, they might also be old trainees of AFF) from AFF. MYAS conducted an inter office review lately and the reviewer was former trainee of AFF. It seems as MYAS psychologically inferior than AFF (THK & FRSH).

The professionalism of students becomes very clear from the above answers they have provided (at least students shouldnât be this stupid). DTT is really spoiling the dumb students of the so called (by its employees and students) 4th best firm of our nation.

There are other choices for DTT such as AASR.

My friends please donât really tell anyone that he is or isnât able to comment on the topic. It really seems very stupid behavior to tell anybody that he doesnât have the right to comment.

- jbladeus - 07-09-2003

Thank you geo

You have just confirmed what i've been saying for a long time on this forum... ie MYAS being copy-cats and their general working style. I never meant to ridicule anybody personally, so nobody should've taken it as a personal offence. But some bootlickers decided to take it up as a personal crusade and were giving a picture totally opposite of what you have just provided and i thank you again for having a conscience and even more so for using it.

Being an insider does give one a unique perspective to the inner workings of an organization. But due to our social ail of brushing under the carpet our faults and shortcomings, we only worsen the situation rather than improve it. In our society, this 'jiyala' and 'shah se barh kar sahah ke wafadaar' attitude has reduced our will for self-improvement to virtually zero.

The most interesting (and the saddest) part of all this is that the day we leave the institution (may it be a firm or a government), the same ppl who were singing praises for it, suddenly start to find faults and problems in the firm/government they were once part of!

I don't have anything against the trainees of this firm... mashallah they are all very talented since they have reached this far. I myself have a number of friends in that firm who i regard as wonderfully talented ppl. But the ways of working which are taught to them by their management is what this topic was all about.

________________________
Arrrgh... it sure's gonna be mighty rough sailin' today ... mates!