04-15-2008, 11:35 PM
Dear,
First of all let me tell what I mean by saying Pakistani ACCAs. This means ACCAs who did ACCA while living in Pakistan and utilizing Pakistani facilities and then, after qualifying going abroad to find jobs. This does not include Pakistanies who go abroad, get admission and become well versed with that environment and find opportunities. In fact I never particularly discuss this category in any of my post.
Secondly, I already said in my earlier post that such acceptance for Pakistani ACCAs is quite lesser. I specifically added that it cannot be said that there is no such case.
The guys who get articles in UK either for CA or ACCA are luckiest and in most of the cases have very strong backgrounds. No body can negate this fact. I told you the general situation of UK where I said accountancy, and specially ACCA, is considered easier than other high profile professions at UK. Even those who wish to do it under ICAEW normally go to Malaysia or else to find training placements.
Furthermore, the profession specific satisfactory jobs are more complex issue than getting a training arrangement and my earlier post was by and large pin pointing job opportunities of Pakistani ACCAs at UK because you have proposed ACCAs to leave Pakistan and UAE / UK are typical destinations for such persons.
In CANADA, CGA is a prestigious qualification. ACCA cannot have comparison with it in CANADA so this example does not suit at all. The others two/three are understandable but those guys must have a very strong background and family set up.
Almost 202 ICAP members are working at UAE. Members of other CA institutes of various countries are also working over there. Any qualified professional (from any professional body) is quite acceptable at UAE and at the outset the remunerations do not materially variate. Almost fresh qualified CAs and ACCA get ranging from 10,000 to 18,000 depending upon situation. If I am not taken to have monoplistic views, again the higher of this range is for CAs.
However, the experienced CAs (stand alone) earn much better than experienced ACCAs (stand alone). This difference generally reaches even 100% or more in some cases. Experienced ACCAs, I have observed earning upto 25K to 30K in UAE per month. To this comparison, I have seen large amount of instances where experienced CAs (Pakistani and ICAEW) are earning beyond 45K and even 60K per month in UAE, Behrain and KSA etc. (Exchange rates almost similar). Yes, one can find such rare instances of ACCAs as well but in number these are far lesser than CAs of this range.
This observation is for stand alone qualifications. From stand alone I mean CA who does not have any other qualification except CA and ACCA who is also only ACCA.
I can give names of highy profiled / elevated CAs (of various institutes) in great number at UAE but it would be un-ethical to use names on such forums. That's why I prefer to avoid doing this. However, if things will require proof, something further could be discussed keeping the discussion within the boundries of professional ethics.
At the end I again clarify that I am not carrying any monoplisic issues with such qualifications. If you feel ACCA is your destination, you must do it. You must have analysed your requirements and expectations. You may have other professional goals as well. My posts are only for those who don't have the proper info to make a decision and specifically for those who typically wish to make a place within the homeland. However, I don't need to mis-paint the situation beyond the homeland as well.
Best regards,
KAMRAN.
First of all let me tell what I mean by saying Pakistani ACCAs. This means ACCAs who did ACCA while living in Pakistan and utilizing Pakistani facilities and then, after qualifying going abroad to find jobs. This does not include Pakistanies who go abroad, get admission and become well versed with that environment and find opportunities. In fact I never particularly discuss this category in any of my post.
Secondly, I already said in my earlier post that such acceptance for Pakistani ACCAs is quite lesser. I specifically added that it cannot be said that there is no such case.
The guys who get articles in UK either for CA or ACCA are luckiest and in most of the cases have very strong backgrounds. No body can negate this fact. I told you the general situation of UK where I said accountancy, and specially ACCA, is considered easier than other high profile professions at UK. Even those who wish to do it under ICAEW normally go to Malaysia or else to find training placements.
Furthermore, the profession specific satisfactory jobs are more complex issue than getting a training arrangement and my earlier post was by and large pin pointing job opportunities of Pakistani ACCAs at UK because you have proposed ACCAs to leave Pakistan and UAE / UK are typical destinations for such persons.
In CANADA, CGA is a prestigious qualification. ACCA cannot have comparison with it in CANADA so this example does not suit at all. The others two/three are understandable but those guys must have a very strong background and family set up.
Almost 202 ICAP members are working at UAE. Members of other CA institutes of various countries are also working over there. Any qualified professional (from any professional body) is quite acceptable at UAE and at the outset the remunerations do not materially variate. Almost fresh qualified CAs and ACCA get ranging from 10,000 to 18,000 depending upon situation. If I am not taken to have monoplistic views, again the higher of this range is for CAs.
However, the experienced CAs (stand alone) earn much better than experienced ACCAs (stand alone). This difference generally reaches even 100% or more in some cases. Experienced ACCAs, I have observed earning upto 25K to 30K in UAE per month. To this comparison, I have seen large amount of instances where experienced CAs (Pakistani and ICAEW) are earning beyond 45K and even 60K per month in UAE, Behrain and KSA etc. (Exchange rates almost similar). Yes, one can find such rare instances of ACCAs as well but in number these are far lesser than CAs of this range.
This observation is for stand alone qualifications. From stand alone I mean CA who does not have any other qualification except CA and ACCA who is also only ACCA.
I can give names of highy profiled / elevated CAs (of various institutes) in great number at UAE but it would be un-ethical to use names on such forums. That's why I prefer to avoid doing this. However, if things will require proof, something further could be discussed keeping the discussion within the boundries of professional ethics.
At the end I again clarify that I am not carrying any monoplisic issues with such qualifications. If you feel ACCA is your destination, you must do it. You must have analysed your requirements and expectations. You may have other professional goals as well. My posts are only for those who don't have the proper info to make a decision and specifically for those who typically wish to make a place within the homeland. However, I don't need to mis-paint the situation beyond the homeland as well.
Best regards,
KAMRAN.