03-31-2004, 08:47 PM
I don't agree with you. Each board has to be strict with it's exeptions otherwise everyone tries to find shortcuts through their qualification. If ACCA stuents after qualifying gets more exemptions for CA, the people would opt for that route coz we all are aware that ACCA pass rate is much higher than CA and if more people enter in CA like this route means in the last modules, ICAP will become more strict and would not make the students clear and pass rate will go more down leaving behind many CA's working hard and in the end people coming through CA route will also be getting fed up, although ACCA ppl would have at least one qualification with them at that time.
Secondly, if we look at the practical exposure, ACCA's work experience is not strict and can get counted from wherever you do, it need not to be a Chartered Accountant firm, while with CA it's necessary to work with a Chartered Accountant firm for 4 years and practising all the audit, tax and work like that. SO i think ACCA qualified have good worth but still the work experience people choose might not be that adeqaute enough comparatively to CA.
Edited by - muzammil on Mar 31 2004 35126 PM
Secondly, if we look at the practical exposure, ACCA's work experience is not strict and can get counted from wherever you do, it need not to be a Chartered Accountant firm, while with CA it's necessary to work with a Chartered Accountant firm for 4 years and practising all the audit, tax and work like that. SO i think ACCA qualified have good worth but still the work experience people choose might not be that adeqaute enough comparatively to CA.
Edited by - muzammil on Mar 31 2004 35126 PM
