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Cost Audit Rights of ICMAP - Why ICAP is allowed?

 
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Cost Audit Rights of ICMAP - Why ICAP is allowed?
awaisaftab
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#4
02-12-2010, 08:20 PM
Before making any comparison of CA and CMA firms we should keep in mind that cost audit was introduced in Pakistan in 1998. I think before 1998 not a single firm of CMA exists in the country. How we can compare newly established CMA firms. In many of my posts I have pointed out that the profession of CMA is developing in Pakistan. But the number of practicing CMA’s is increasing by every passing day. Know there are more than 100 CMA firms are working in the country and if the cost audit right is solely assigned to CMA’s and CA’s are deprived from this audit right then Koyee Asman Nhn Toot Parega.

One thing I have noted that Mr. Kamaran extensively against the assignment of any financial audit right to CMA. But
only on the basis of 2 subjects of cost and management accounting (the material contained in these subjects are taught in the initial stages of ICMA) he is advocating the for the right of cost audit for CA’s. Contrarily in ICMA where a completely
separate subject has introduced named as Financial Reporting is being taught he is against the assignment of any financial audit right to CMA’s.

One should keep in mind that the recommended syllabus of IFAC is being taught that is the reason why the name of papers of ICMA and CIMA are even same.

Mr. Kamran Why you do not offer your valuable suggestion in relation to ICAP. Why do you give suggestions for ICMAP only.

Is the ICAP the most prestigious institute of the world?

Is there no need of improvement in ICAP?

Why you do not give recommendations and suggestions to the members of the forum
Who are
working as trainee students in audit firms for becoming a good auditor??
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Messages In This Thread
Cost Audit Rights of ICMAP - Why ICAP is allowed? - by Ajnabi - 02-11-2010, 04:32 PM
[No subject] - by kamranACA - 02-12-2010, 02:44 AM
[No subject] - by Ajnabi - 02-12-2010, 03:09 PM
[No subject] - by awaisaftab - 02-12-2010, 08:20 PM
[No subject] - by kamranACA - 02-12-2010, 09:19 PM
[No subject] - by kamranACA - 02-12-2010, 09:34 PM
[No subject] - by Ajnabi - 02-18-2010, 09:26 PM
[No subject] - by kamranACA - 02-19-2010, 07:39 AM
[No subject] - by MRS - 02-19-2010, 06:06 PM
[No subject] - by awaisaftab - 02-19-2010, 06:56 PM
[No subject] - by MRS - 02-19-2010, 07:22 PM
[No subject] - by awaisaftab - 02-19-2010, 07:45 PM
[No subject] - by MRS - 02-19-2010, 08:09 PM
[No subject] - by awaisaftab - 02-19-2010, 08:16 PM
[No subject] - by Ajnabi - 02-19-2010, 08:17 PM
[No subject] - by MRS - 02-20-2010, 12:25 AM
[No subject] - by kamranACA - 02-20-2010, 02:12 AM
[No subject] - by shahbaz_Noor - 08-17-2011, 08:20 AM
[No subject] - by shahbaz_Noor - 08-17-2011, 08:22 AM

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