06-25-2007, 03:00 AM
If this is false representation then the concerned bodies should look into the issue and make clarifications as necessary.
On the other hand, if you people are so concerned, then why dont you just give them a call and confirm the factual basis before jumping to conclusions sitting on the internet. Its highly unprofessional to make allegations based on just personal feelings.
(Speaking of ethics, public accountancy firms are not allowed to advertise their merits in such a manner, am I wrong or has this rule changed since then???)
"However, I have serious doubt on validity of this statement. As a matter of fact a limited liability company cannot engage itself in audit practices. This is true both for UK and Pakistan. And trainning students for CA is only meant for CA firms (and not for management consultancy companies)."
I am afraid you are wrong as regards to training within the UK. Both ICAS and ICAEW allowing training within the industry, provided that the organizaton is registered as a training provider with the said institute. ICAEW training is a bit more relaxed compared ICAS, since ICAS directly assumes training responsibility as a principal.(ICAS is the only institute in the UK which both trains and examines its students)
On the other hand, if you people are so concerned, then why dont you just give them a call and confirm the factual basis before jumping to conclusions sitting on the internet. Its highly unprofessional to make allegations based on just personal feelings.
(Speaking of ethics, public accountancy firms are not allowed to advertise their merits in such a manner, am I wrong or has this rule changed since then???)
"However, I have serious doubt on validity of this statement. As a matter of fact a limited liability company cannot engage itself in audit practices. This is true both for UK and Pakistan. And trainning students for CA is only meant for CA firms (and not for management consultancy companies)."
I am afraid you are wrong as regards to training within the UK. Both ICAS and ICAEW allowing training within the industry, provided that the organizaton is registered as a training provider with the said institute. ICAEW training is a bit more relaxed compared ICAS, since ICAS directly assumes training responsibility as a principal.(ICAS is the only institute in the UK which both trains and examines its students)
