04-10-2007, 02:47 AM
I cant say much after Sir Kamran's elaboration as he was one of my fav. teachers in CA-Final.
But i want to add something
dear I am an ACCA (UK) member and CIA (USA) designation-holder. I am a CA-finalist undergoing my few last month articles in AFF. In my early career I was a freak when it came to comparing accountancy qualifications and doing research about them. I wanted to do CIMA(UK), CISA, as well as CFA and a CA from a foreign country (other than PAK).
But as i progressed and interacted with Pakistani and Foreign employers (After undergoing interviews with PWC,KPMG,E&Y(Ireland,Australia, Dubai, Bahrain)I understood onething that gone are the days when Employers focused on your academic and professional qualifications. All they want is that you should be a qualified accountant at least and the differentiating factor after that is not whether u r CA (PAK),ACCA or ICAEW. The distinguishing factor is your experience of various sectors that you worked in and in what capacity.
Forexample if one merely passes CISA exam and doesnot acquire IT Audit experience, blve me CISA for him is worthless (inspite of gr8 demand for IT Audit professionals all over the developed world). in the same way if one has a CFA designation and hasnt worked in investment or finance related environments CFA is worthless for him. So pick up what field u want to work in and gain related qualifications and experience(I am emphasizing experience!!!). A person with a bucketfull of qualifications with no intention to work in the related field has wasted his money and time unless ofcourse u dont wanna join teaching profession. I hope Sir Kamran will also agree with me.
Regards,
Usman ACCA,CIA
But i want to add something
dear I am an ACCA (UK) member and CIA (USA) designation-holder. I am a CA-finalist undergoing my few last month articles in AFF. In my early career I was a freak when it came to comparing accountancy qualifications and doing research about them. I wanted to do CIMA(UK), CISA, as well as CFA and a CA from a foreign country (other than PAK).
But as i progressed and interacted with Pakistani and Foreign employers (After undergoing interviews with PWC,KPMG,E&Y(Ireland,Australia, Dubai, Bahrain)I understood onething that gone are the days when Employers focused on your academic and professional qualifications. All they want is that you should be a qualified accountant at least and the differentiating factor after that is not whether u r CA (PAK),ACCA or ICAEW. The distinguishing factor is your experience of various sectors that you worked in and in what capacity.
Forexample if one merely passes CISA exam and doesnot acquire IT Audit experience, blve me CISA for him is worthless (inspite of gr8 demand for IT Audit professionals all over the developed world). in the same way if one has a CFA designation and hasnt worked in investment or finance related environments CFA is worthless for him. So pick up what field u want to work in and gain related qualifications and experience(I am emphasizing experience!!!). A person with a bucketfull of qualifications with no intention to work in the related field has wasted his money and time unless ofcourse u dont wanna join teaching profession. I hope Sir Kamran will also agree with me.
Regards,
Usman ACCA,CIA
