12-25-2008, 09:39 AM
There is also a news (though not 100% sure) that students with 4 yrs graduation (or 2 yrs graduation with 2 yrs Masters) in any discipline, from any Pakistani recognised university can register with ICAEW and can start ACA from ICAEW from the beginning ( this could be checked with ICAEW). Such candidates need to undergo three years training with ICAEW authorised firm in Pakistan. After completing three yrs training in Pakistan and passing 15 papers of ICAEW, person will be admitted to ICAEW membership.
Please note that ICAEW does not take any admission test or PPT like ICAP and ICAEW training period is for 3 years instead of 3.5 yeas which is the case with ICAP. Moreover ICAEW does not follow demand and supply policy like ACCA which is the case with ICAP. And yes it is correct ACCA and ICAEW are equal qualifications and this could also be checked with ICAEW.
But the main problem which Pakistani students can face in pursuing this route is again ICAP and its members and ICAEW authorised firms in Pakistan as they may not take Pakistani graduates under this route.
If ICAEW authorised firms in Pakistan start taking Pakistani gradates under this route, then ICAP will be out of Pakistani market and ICAEW and ACCA will be in Pakistani market.
Because of this reason I mentioned in my first post that ICAP takes decisions without collecting information and without forecasting future impact of decisions. I am 100% sure, after sometimes when ICAP will see the negative impact of this MOU, ICAP will cancel it and ICAP will also force Pakistani firm who are now ICAEW register firms to de-register themselves. Wait and see.
ACCA India has been mentioned a lot of time here. ICAEW and ACCA authorised some firms in India but ICAI could foresee the impact of this move in advance and took corrective measures. But as it in known to everyone ICAP and its members are not competent and cannot foresee anything in advance therefore they are happy with MOU so far, example is Kamran. ICAP did the same thing with ACCA which I explained in my first post.
I will advsie ACCA and ACCA students to support ICAP this move and it will work in ACCA favour and against ICAP. Time will prove which qualification is better and ICAP will not be able to continue its monopolistic policies for long, just wait and see fall of ICAP.
Wait and see what will happen to ICAP. Believe me ICAP and its members are not competent.
Khalid
Please note that ICAEW does not take any admission test or PPT like ICAP and ICAEW training period is for 3 years instead of 3.5 yeas which is the case with ICAP. Moreover ICAEW does not follow demand and supply policy like ACCA which is the case with ICAP. And yes it is correct ACCA and ICAEW are equal qualifications and this could also be checked with ICAEW.
But the main problem which Pakistani students can face in pursuing this route is again ICAP and its members and ICAEW authorised firms in Pakistan as they may not take Pakistani graduates under this route.
If ICAEW authorised firms in Pakistan start taking Pakistani gradates under this route, then ICAP will be out of Pakistani market and ICAEW and ACCA will be in Pakistani market.
Because of this reason I mentioned in my first post that ICAP takes decisions without collecting information and without forecasting future impact of decisions. I am 100% sure, after sometimes when ICAP will see the negative impact of this MOU, ICAP will cancel it and ICAP will also force Pakistani firm who are now ICAEW register firms to de-register themselves. Wait and see.
ACCA India has been mentioned a lot of time here. ICAEW and ACCA authorised some firms in India but ICAI could foresee the impact of this move in advance and took corrective measures. But as it in known to everyone ICAP and its members are not competent and cannot foresee anything in advance therefore they are happy with MOU so far, example is Kamran. ICAP did the same thing with ACCA which I explained in my first post.
I will advsie ACCA and ACCA students to support ICAP this move and it will work in ACCA favour and against ICAP. Time will prove which qualification is better and ICAP will not be able to continue its monopolistic policies for long, just wait and see fall of ICAP.
Wait and see what will happen to ICAP. Believe me ICAP and its members are not competent.
Khalid