06-25-2008, 09:17 PM
Dear Saracen,
I think we have done enough discussion on this topic. There is no need to through light on the misconceptions of certain ACCA's poor students and the general capabilities of majority of Pakistani qaulified ACCAs who do it becoz of the fear of failure in CA. Every one knows them. Normally they are hired by the entraprenure only where money is in shortage for giving salaries.
I just share my personal experience with you of dealing with such hi-fi business planner/manager and what not and what not, I mean ACCA. However, I qualify my undergiven statement by saying that yes personal capabilities do vary and I also have seen some very intelligent persons among ACCAs but majority of such persons has qualified from UK or has done ACCA along with CA.
My recent experience of an esteemed ACCA is a person who is CFO of a small private company (my client). He, as I said, is Mashallah ACCA. He does such sort of things on which I spontaneously wish to say some thing quite immoral which I don't do as it is immoral. He asked me, ........"AGM has approved the accounts then why you (being auditors) require approvals from board of directors? Who is the bigger authority?"......... What can one say on such dumb behaviour Saracen? He also cut a joke recently. He wrote me an official letter and asked to provide him with accounting record and details of certain headings appearing in the accounts. Mashallah. Mainay woh bajaai uss kee keh kuch saal tu yaad rahey gee Inshallah. Once he officially "ordered" us to tell him how cash flow appearing in his financials had been prepared. What can one say on this requirement? Once he came to my manager to ask him how minutes should be written of any meeting of board. Some other things he has also done which due to serious nature I cannot even tell on this public place. I can only say that I did not ever see such a stupid any where in my clients.
Still, I believe personal capabilities can vary. I always appreciate those who do ACCA considering it a good qualification instead of a gate way to do CA or CPA etc.
Regards,
KAMRAN.
