03-15-2004, 07:59 PM
To Goodman,No,
I do not support your resolution to ask ICAP to further reduce the exemptions awarded to qualified ACCAs because
1. It is on a reciprocal basis,the policy adopted by ACCA is as under
The ACCA allows exemptions only upto Part 2 or from Paper 1.1 to 2.6 only to the ICAP students who passed all Examinations of ICAP but only to those students who passed upto 31-12-2002,
what is the current Exemption Policy not mentioned at their website,so first ask ACCA what is their Exemption policy for ICAPs all Examination passed students,ICAP at least mentioned at their web site the policy for ACCA.
2. I agree with Sumaaan its the Correct Policy,the ACCA qualified students if they do not complete their Articleship for ACCA from any Pakistani Company they are unaware about Pakistani Local Laws for instance Income Tax,Sales Tax,Labor,Company Laws etc.no doubt they are also well versed like ICAPs students in Accounting,Auditing etc.
but lack of these subjects or Laws make a difference also in the subjects of Accounting & Auditing specially in presentation etc.
3. I read (may be in syllabus book)that no further exemption will be allowed to any student from ICAP Examination unless requested by the Accounting body whose examination passed by student,except Exemption mentioned in the exemption policy of ICAPs website,so ask ACCA to communicate to ICAP to futher enhance Exemption.
Thanks
I do not support your resolution to ask ICAP to further reduce the exemptions awarded to qualified ACCAs because
1. It is on a reciprocal basis,the policy adopted by ACCA is as under
The ACCA allows exemptions only upto Part 2 or from Paper 1.1 to 2.6 only to the ICAP students who passed all Examinations of ICAP but only to those students who passed upto 31-12-2002,
what is the current Exemption Policy not mentioned at their website,so first ask ACCA what is their Exemption policy for ICAPs all Examination passed students,ICAP at least mentioned at their web site the policy for ACCA.
2. I agree with Sumaaan its the Correct Policy,the ACCA qualified students if they do not complete their Articleship for ACCA from any Pakistani Company they are unaware about Pakistani Local Laws for instance Income Tax,Sales Tax,Labor,Company Laws etc.no doubt they are also well versed like ICAPs students in Accounting,Auditing etc.
but lack of these subjects or Laws make a difference also in the subjects of Accounting & Auditing specially in presentation etc.
3. I read (may be in syllabus book)that no further exemption will be allowed to any student from ICAP Examination unless requested by the Accounting body whose examination passed by student,except Exemption mentioned in the exemption policy of ICAPs website,so ask ACCA to communicate to ICAP to futher enhance Exemption.
Thanks
