03-15-2004, 05:42 AM
I think its the correct policy... Atleast we'll have one field of professionals that doesn't become saturated... ACCA's shouldnt be given more exemptions...
Secondly, for those who say there's more demand of ACCAs in UK, or that there is not much difference between ACCAs and ACAs in UK, please think of the rationale behind all this...
Employers can get their work done equally from both ACCAs and ACAs in UK... Isn't it obvious that if they hire an ACA, they'd have to pay him more?... Therefore they prefer ACCAs when they give job adverts... But obviously that doesn't mean an ACA can't apply for that position...
If you happen to go through the ICAEW books, you'll come to see the quality of questions because they test your thorough knowledge...
Although ACCA itself is not easy... But the prestige, respect, honor and distinct professional circle an ACA gets, is absolutely amazing and certainly not what an ACCA qualified would get... An ACA would any day, any time, have more chances of getting promoted than an ACCA...
As it has been mentioned before, salary is always not the motivating factor...
Other forum members might have a different opinion on this as its a very subjective discussion.
