12-10-2004, 02:03 AM
CPA is only a revered degree in the US and the middleast (where british and australian/canadian qualifications are equally regarded),.. the rest of the world pretty much follow there own.. I guess the commonwealth has more regards towards its iwn qualification,, ie from the UK, Canada, Australia/NZ and now even South Africa...
As far as the exam standards are concerned,, its not tough at all.. I haven't heard any pakistani or indian CA failing to pass it. There is no ''international audit licsence"" as such .. you can practice in the US only if you have been trained there...
There are no exemptions for ICAP.. yeah a pakistani CA is eligible to sit for the exams ... because of a logger head between the US body AICPA and other common wealth Institutes of CA's there are no reciprocal exemption at all.
Since IFRS are going to be the standards world over, I see CPA loosing its relevance unless they come up with an ''Internationl stream''...
Yeah BTW,, CA is the prime qualification in CANADA and not CPA..
"Allah does not change the state of people unless they change what is within themselves" Quran 1311
As far as the exam standards are concerned,, its not tough at all.. I haven't heard any pakistani or indian CA failing to pass it. There is no ''international audit licsence"" as such .. you can practice in the US only if you have been trained there...
There are no exemptions for ICAP.. yeah a pakistani CA is eligible to sit for the exams ... because of a logger head between the US body AICPA and other common wealth Institutes of CA's there are no reciprocal exemption at all.
Since IFRS are going to be the standards world over, I see CPA loosing its relevance unless they come up with an ''Internationl stream''...
Yeah BTW,, CA is the prime qualification in CANADA and not CPA..
"Allah does not change the state of people unless they change what is within themselves" Quran 1311