10-06-2005, 07:36 PM
<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Zara Anwar</i>
<br />One of the facts missing from anywhere i have seen, is that CAs r given leverage also because it is statutory requirement. Companies ordinance 1984 requires that all public companies and their subsidiaries as well as private companies with share capital of at least 3 million get their accounts audited by a Chartered Accountant within the meaning of Chartered Accountant ordinance.
This clause also serves in giving exposure to prospective chartered accountants like us who train in the firms thus forming better chances for us to get jobs.
ICAP enjoys control over many regulatory bodies meaning that this monopoly will continue in forseeable future. The fact is Chartered Accountants are a force united on a single powerful platform of ICAP.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Voila ! right on the money
<br />One of the facts missing from anywhere i have seen, is that CAs r given leverage also because it is statutory requirement. Companies ordinance 1984 requires that all public companies and their subsidiaries as well as private companies with share capital of at least 3 million get their accounts audited by a Chartered Accountant within the meaning of Chartered Accountant ordinance.
This clause also serves in giving exposure to prospective chartered accountants like us who train in the firms thus forming better chances for us to get jobs.
ICAP enjoys control over many regulatory bodies meaning that this monopoly will continue in forseeable future. The fact is Chartered Accountants are a force united on a single powerful platform of ICAP.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Voila ! right on the money
